Wasdom
ActiveThe computed 12-month bankruptcy probability of Wasdom is 3.0% (moderate). The 2024 annual accounts show equity of €28k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 2091 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+28
Solvency69▲+18
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.42 in 2023; short-term debt: 38.8% and cash: 28.9% of total assets), but 55.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.5%
Return on assets
27%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €28k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
on the day
2022
27 d early
2021
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€28k▲ 155%
2023 · €11k
2021: €24k
2022: €10k
2023: €11k
2021 → 2024
Total assets
€62k▲ 50.3%
2023 · €41k
2021: €50k
2022: €44k
2023: €41k
2021 → 2024
Net result
€17k▲ 1,627%
2023 · €975
2021: €23k
2022: €-14k
2023: €975
2021 → 2024
Working capital
€36k▲ 57.0%
2023 · €23k
2021: €20k
2022: €10k
2023: €23k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€24k-€10k▼ 58.2%€11k▲ 9.8%€28k▲ 155%
Operating result€27k-€-13k€2k€20k▲ 1,054%
Net result€23k-€-14k€975€17k▲ 1,627%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1,054% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €62k
Fixed assets
€2k▼ 8.8%
Current assets
€60k▲ 53.4%
Equity and liabilities €62k
Equity
€28k▲ 155%
Debt
€35k▲ 13.1%
The debt ratio falls from 73.7% to 55.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▲
2023 · €10k
Cash flow
€18k▲
2023 · €10k
Solvency
44.5%▲
2023 · 26.3%
Current ratio
2.50▲
2023 · 2.42
Quick ratio
2.20▲
2023 · 1.87
Debt / equity
1.25▼
2023 · 2.81
ROE
60.7%▲
2023 · 9.0%
ROA
27.0%▲
2023 · 2.4%
Interest coverage
15.03▲
2023 · 10.35
Debt
€35k▲
2023 · €31k
Debt ≤ 1 year
€24k▲
2023 · €16k
Debt > 1 year
€10k▼
2023 · €14k
Income taxes
€2k▲
2023 · €123
Staff costs
€476▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€41k€62k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23€674€1k▲
Furniture and vehicles24€1k€726▼
Current assets29/58€39k€60k▲
Amounts receivable after more than one year29€8k€8k=
Other amounts receivable291€8k€8k=
Stocks and contracts in progress3€9k€7k▼
Stocks30/36€9k€7k▼
Amounts receivable within one year40/41€17k€26k▲
Trade receivables40€17k€26k▲
Other amounts receivable41€47€153▲
Cash at bank and in hand54/58€4k€18k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€41k€62k▲
Equity10/15€11k€28k▲
Contributions10/11€1k€1k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€975€18k▲
Amounts payable17/49€31k€35k▲
Amounts payable after more than one year17€14k€10k▼
Financial debts170/4€14k€10k▼
Amounts payable within one year42/48€16k€24k▲
Current portion of amounts payable after more than one year42€7k€4k▼
Trade debts44€8k€18k▲
Suppliers440/4€8k€18k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€661€2k▲
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€213€303▲
Income statement
Code20232024
Remuneration, social security and pensions62€9k€476▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€1k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€20k€23k▲
Operating profit (loss)9901€2k€20k▲
Financial income75/76B€360€14▼
Recurring financial income75€360€14▼
Financial charges65/66B€996€1k▲
Recurring financial charges65€996€1k▲
Profit (loss) for the period before taxes9903€1k€19k▲
Income taxes67/77€123€2k▲
Profit (loss) for the period9904€975€17k▲
Profit (loss) for the period to be appropriated9905€975€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€975€18k▲
Profit (loss) brought forward from the previous period14P-€975
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €975
Net result €975 after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-14k ▼161%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vijverstraat 29030 GentGround area
1,166 m²
Building footprint
221 m²
Volume, LiDAR
1,050 m³
2 parcels, Flanders · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Wasdom
since 20212.315.509.764
Weversstraat 1, 9000 Gent
since 20212.315.943.393
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0432/00R000 | Flanders | 1,101 m² | 1 · 184 m² | 5.2 m · 1 fl. |
| 44806F0118/00Y000 | Flanders | 65 m² | 1 · 37 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 629 EUR awarded · 617 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 357 EUR | 357 EUR |
| 2023 | 1 | 0 EUR | 260 EUR |
| 2022 | 1 | 272 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.315.943.393
Similar companies · same sector, comparable size
CASEI BELGAE
BE 0797.146.493
Oostende · Eq €33k
FROMAGERIE DE SOMMIERE
BE 0735.684.919
Onhaye · Eq €34k
SEMMAT
BE 0841.095.413
Nivelles · Eq €38k
FC Milcobel Belgium
BE 1029.593.830
Beveren-Kruibeke-Zwijndrecht · Eq €20k
LUPULUS CHEESE FACTORY
BE 0787.904.472
Gouvy · Eq €43k
Of 273 companies in sector 10510 we hold annual accounts for 121. 49 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2021
Fiscal year end31-12
Activities, NACEBEL
10510Manufacture of food products
47120Other non-specialised retail sale
47910Retail trade
56210Event catering
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.