WASHTECH
ActiveSummary
WASHTECH has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €-67k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 58% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-91
Solvency77▲+16
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.35 in 2024; short-term debt: 48.2% and cash: 0.6% of total assets), and 48.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
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 2025Solvency, return and age of the figures
Solvency
51.8%
Return on assets
-42.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-12-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
on the day
2023
16 d late
2022
113 d late
2021
477 d late
2020
32 d late
2019
129 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€81k▼ 45.3%
2024 · €148k
2019: €117k
2020: €158k
2021: €62k
2022: €7k
2023: €77k
2024: €148k
2019 → 2025
Total assets
€156k▼ 61.6%
2024 · €407k
2019: €1.10M
2020: €1.07M
2021: €960k
2022: €802k
2023: €717k
2024: €407k
2019 → 2025
Net result
€-67k
2024 · €71k
2019: €10k
2020: €42k
2021: €-96k
2022: €-55k
2023: €70k
2024: €71k
2019 → 2025
Working capital
€81k▼ 9.8%
2024 · €90k
2019: €182k
2020: €356k
2021: €142k
2022: €120k
2023: €152k
2024: €90k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€7k▼ 88.0%€77k▲ 932%€148k▲ 92.2%€81k▼ 45.3%
Operating result€-57k-€-34k▲ 40.1%€91k€141k▲ 54.2%€-50k
Net result€-96k-€-55k▲ 43.4%€70k€71k▲ 2.1%€-67k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €50k after €141k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €156k
Equity
€81k ▼ 45.3%
Debt
€75k ▼ 70.9%
Debt's share of the balance-sheet total falls from 63.6% to 48.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-27k▼
2024 · €180k
Cash flow
€-44k▼
2024 · €110k
Current ratio
2.07▲
2024 · 1.35
Debt to equity
0.93▼
2024 · 1.75
ROE
-82.9%▼
2024 · 48.0%
ROA
-42.9%▼
2024 · 17.5%
Interest coverage
-27.58▼
2024 · 7.06
Debt ≤ 1 year
€75k▼
2024 · €259k
Income taxes
€17k▼
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€407k€156k▼
Fixed assets21/28€58k-
Tangible fixed assets22/27€58k-
Plant, machinery and equipment23€56k-
Furniture and vehicles24€2k-
Current assets29/58€349k€156k▼
Stocks and contracts in progress3€70k-
Stocks30/36€70k-
Amounts receivable within one year40/41€248k€155k▼
Trade receivables40€183k€109k▼
Other amounts receivable41€65k€47k▼
Cash at bank and in hand54/58€30k€1k▼
Equity and liabilities
Total equity and liabilities10/49€407k€156k▼
Equity10/15€148k€81k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€97k€97k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€95k€95k=
Profit (loss) carried forward14€33k€-35k▼
Amounts payable17/49€259k€75k▼
Amounts payable within one year42/48€259k€75k▼
Current portion of amounts payable after more than one year42€25k-
Trade debts44€19k€3k▼
Suppliers440/4€19k€3k▼
Advances received on contracts in progress46€15k-
Taxes, remuneration and social security45€15k-
Taxes450/3€15k-
Other amounts payable47/48€185k€72k▼
Income statement
Code20242025
Non-recurring operating income76A€29k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€23k▼
Other operating charges640/8€7k€5k▼
Gross operating margin9900€188k€-22k▼
Operating profit (loss)9901€141k€-50k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€26k€971▼
Recurring financial charges65€26k€971▼
Profit (loss) for the period before taxes9903€116k€-51k▼
Income taxes67/77€44k€17k▼
Profit (loss) for the period9904€71k€-67k▼
Profit (loss) for the period to be appropriated9905€71k€-67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€-35k▼
Profit (loss) brought forward from the previous period14P€-38k€33k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 31-07-2026
- Registered-office move, Koningin Fabiolapark 730, 9100 Sint-Niklaas
2025
27-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €71k ▲2.1%
Operating result €141k, net result €71k, both a record.
30-06
Financial
Equity above €100kEq €148k ▲92.2%
2 profitable years in a row build equity to €148k.
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 16 days late
2023
30-06
Financial
Back to profitnet €70k
Net result €70k after 2 loss-making years.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 113 days late
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 477 days late
2021
30-06
Financial
Weakest financial yearnet €-96k
Net result drops to €-96k, the lowest in the series; recovery starts the following year.
04-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
30-06
Financial
Equity above €150kEq €158k ▲35.8%
2 profitable years in a row build equity to €158k.
Show earlier events
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 129 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 167 days late
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 1996
Ground area
2,153 m²
Building footprint
1,098 m²
Volume, LiDAR
51,271 m³
Parcel 46445D1605/00K000, Flanders · tallest building 50.3 m, ±16 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Koningin Fabiolapark 730, 9100 Sint-Niklaas
since 19962.079.632.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1605/00K000 | Flanders | 2,153 m² | 1 · 1,098 m² | 50.3 m · 16 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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SOCIETE WALLONNE D'INVESTISSEMENT ET DE COMMERCIALISATION INTERNATIONAL
BE 0466.502.890
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NYKEI EAST AFRICA
BE 0764.520.742
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André Servais et fils
BE 0874.540.023
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Of 2,503 companies in sector 46649 we hold annual accounts for 1,755. 981 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-10-1996
Fiscal year end30-06
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.