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WASIIT

Active
Private limited companyfounded 20197 yrs activeQuai de Meuse(JB) 27, 5100 Namur, BelgiumKBO/BCE: BE 0732.675.345
Summary

WASIIT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,320 and a net result of €28,808. Equity is growing by ~46.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability97▼-1
Solvency84▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.33 against 5.18 in 2024; short-term debt: 41% and cash: 38.8% of total assets), and 41% of the assets are financed with debt.
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Signals

Five 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59%
Return on assets
22.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
4 d early
2024
6 d early
2023
5 d early
2022
31 d late
2021
30 d late
2020
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 August 2019, WASIIT was incorporated as a Private limited company.1 Total assets went from EUR 38,233 in 2020 to EUR 129,319 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€76,320▲ 60.6%
2024 · €47,512
Total assets
€129,319▲ 126%
2024 · €57,262
Net result
€28,808▲ 117%
2024 · €13,256
Working capital
€70,735▲ 73.5%
2024 · €40,776
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€7,949€71,494-€26,437€13,304€36,858▲ 177%
Net result-€8,502below the sector's middle half€58,011above the sector's middle half-€26,532below the sector's middle half€13,256within the sector's middle half€28,808within the sector's middle half▲ 117%
Equity€2,777below the sector's middle half▼ 75.4%€60,788within the sector's middle half▲ 2,089%€34,256within the sector's middle half▼ 43.6%€47,512within the sector's middle half▲ 38.7%€76,320within the sector's middle half▲ 60.6%
Total assets€15,385below the sector's middle half▼ 59.8%€89,175within the sector's middle half▲ 480%€64,628within the sector's middle half▼ 27.5%€57,262within the sector's middle half▼ 11.4%€129,319within the sector's middle half▲ 126%
Debt€12,608▼ 53.2%€28,386▲ 125%€30,372▲ 7.0%€9,751▼ 67.9%€52,999▲ 444%
Working capital€1,412within the sector's middle half▼ 85.7%€59,916within the sector's middle half▲ 4,144%€39,226within the sector's middle half▼ 34.5%€40,776within the sector's middle half▲ 4.0%€70,735within the sector's middle half▲ 73.5%
Solvency18.1%within the sector's middle half▼ 11.5pp68.2%within the sector's middle half▲ 50.1pp53.0%within the sector's middle half▼ 15.2pp83.0%above the sector's middle half▲ 30.0pp59.0%within the sector's middle half▼ 24.0pp
Current ratio1.11within the sector's middle half▼ 0.663.11within the sector's middle half▲ 2.003.20within the sector's middle half▲ 0.095.18above the sector's middle half▲ 1.982.33within the sector's middle half▼ 2.85
Return on assets (ROA)-55.3%below the sector's middle half▼ 79.5pp65.1%above the sector's middle half▲ 120.3pp-41.1%below the sector's middle half▼ 106.1pp23.1%above the sector's middle half▲ 64.2pp22.3%above the sector's middle half▼ 0.9pp
Staff (FTE)0.3▼ 70.0%
above within below the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000€75,000Operating result 2021: -€7,949-€7,949Net result 2021: -€8,502-€8,502Operating result 2022: €71,494€71,494Net result 2022: €58,011€58,011Operating result 2023: -€26,437-€26,437Net result 2023: -€26,532-€26,532Operating result 2024: €13,304€13,304Net result 2024: €13,256€13,256Operating result 2025: €36,858€36,858Net result 2025: €28,808€28,80820212022202320242025-€40,000-€20,000€0€20,000€40,000Operating result 2023: -€26,437-€26,400Net result 2023: -€26,532-€26,500Operating result 2024: €13,304€13,300Net result 2024: €13,256€13,300Operating result 2025: €36,858€36,900Net result 2025: €28,808€28,800202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 177% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129,319
Fixed assets €5,585 ▼ 17.1%
Current assets €123,734 ▲ 145%
Equity and liabilities €129,319
Equity €76,320 ▲ 60.6%
Debt €52,999 ▲ 444%
Debt's share of the balance-sheet total rises from 17.0% to 41.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,008▲
2024 · €14,775
Cash flow
€29,959▲
2024 · €14,727
Debt to equity
0.69▲
2024 · 0.21
ROE
37.7%▲
2024 · 27.9%
Interest coverage
59.18▼
2024 · 174.34
Debt ≤ 1 year
€52,999▲
2024 · €9,751
Income taxes
€7,407▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€57,262€129,319▲
Fixed assets21/28€6,736€5,585▼
Tangible fixed assets22/27€6,736€5,585▼
Furniture and vehicles24€898€436▼
Other tangible fixed assets26€5,837€5,149▼
Current assets29/58€50,527€123,734▲
Amounts receivable within one year40/41€16,147€73,559▲
Trade receivables40€13,794€73,559▲
Other amounts receivable41€2,353€0▼
Cash at bank and in hand54/58€31,830€50,175▲
Deferred charges and accrued income490/1€2,550€0▼
Equity and liabilities
Total equity and liabilities10/49€57,262€129,319▲
Equity10/15€47,512€76,320▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€45,512€74,320▲
Amounts payable17/49€9,751€52,999▲
Amounts payable within one year42/48€9,751€52,999▲
Trade debts44€3,926€39,674▲
Suppliers440/4€3,926€39,674▲
Taxes, remuneration and social security45€0€10,645▲
Taxes450/3€0€10,645▲
Other amounts payable47/48€5,825€2,681▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,471€1,150▼
Other operating charges640/8€238€0▼
Gross operating margin9900€15,013€38,008▲
Operating profit (loss)9901€13,304€36,858▲
Financial income75/76B€36€0▼
Recurring financial income75€36€0▼
Financial charges65/66B€85€642▲
Recurring financial charges65€85€642▲
Profit (loss) for the period before taxes9903€13,256€36,215▲
Income taxes67/77€0€7,407▲
Profit (loss) for the period9904€13,256€28,808▲
Profit (loss) for the period to be appropriated9905€13,256€28,808▲
Appropriation of the result
Profit (loss) to be appropriated9906€45,512€74,320▲
Profit (loss) brought forward from the previous period14P€32,256€45,512▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€16,534€0----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€113€493€938€1,471€1,150▼ 21.8%
Other operating charges640/8€4,334€48€232€238€0▼ 100%
Gross operating margin9900€13,032€72,035-€25,267€15,013€38,008▲ 153%
Operating profit (loss)9901-€7,949€71,494-€26,437€13,304€36,858▲ 177%
Financial income75/76B€20€29€0€36€0▼ 100%
Recurring financial income75€20€29€0€36€0▼ 100%
Financial charges65/66B€507€81€96€85€642▲ 658%
Recurring financial charges65€507€81€96€85€642▲ 658%
Profit (loss) for the period before taxes9903-€8,436€71,442-€26,533€13,256€36,215▲ 173%
Income taxes67/77€66€13,431-€0€0€7,407-
Profit (loss) for the period9904-€8,502€58,011-€26,532€13,256€28,808▲ 117%
Profit (loss) for the period to be appropriated9905-€8,502€58,011-€26,532€13,256€28,808▲ 117%
Line20212022202320242025Change
Assets
Total assets20/58€15,385€89,175€64,628€57,262€129,319▲ 126%
Fixed assets21/28€1,365€872€7,571€6,736€5,585▼ 17.1%
Tangible fixed assets22/27€1,365€872€7,571€6,736€5,585▼ 17.1%
Furniture and vehicles24€1,365€872€1,045€898€436▼ 51.4%
Other tangible fixed assets26--€6,526€5,837€5,149▼ 11.8%
Current assets29/58€14,020€88,302€57,056€50,527€123,734▲ 145%
Amounts receivable within one year40/41€5,458€87,322€18,166€16,147€73,559▲ 356%
Trade receivables40€3,826€87,120€15,000€13,794€73,559▲ 433%
Other amounts receivable41€1,633€202€3,166€2,353€0▼ 100%
Cash at bank and in hand54/58€8,561€981€38,780€31,830€50,175▲ 57.6%
Deferred charges and accrued income490/1€0-€111€2,550€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€15,385€89,175€64,628€57,262€129,319▲ 126%
Equity10/15€2,777€60,788€34,256€47,512€76,320▲ 60.6%
Contributions10/11€2,000€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€777€58,788€32,256€45,512€74,320▲ 63.3%
Amounts payable17/49€12,608€28,386€30,372€9,751€52,999▲ 444%
Amounts payable after more than one year17€0-----
Financial debts170/4€0-----
Amounts payable within one year42/48€12,608€28,386€17,831€9,751€52,999▲ 444%
Current portion of amounts payable after more than one year42€0-----
Trade debts44€5,105€921€728€3,926€39,674▲ 911%
Suppliers440/4€5,105€921€728€3,926€39,674▲ 911%
Taxes, remuneration and social security45€7,291€27,252€13,430€0€10,645-
Taxes450/3€5,086€26,047€13,430€0€10,645-
Remuneration and social security454/9€2,204€1,205€0---
Other amounts payable47/48€213€213€3,673€5,825€2,681▼ 54.0%
Accrued charges and deferred income492/3--€12,541€0--
Line20212022202320242025Change
Profit (loss) for the period9904-€8,502€58,011-€26,532€13,256€28,808▲ 117%
+ Depreciation and write-downs630€113€493€938€1,471€1,150▼ 21.8%
Operating cash flow (approximation)-€8,389€58,504-€25,594€14,727€29,959▲ 103%
Investment in fixed assets (approximation)-€0-€7,637-€635€0▲ 100%
Change in cash--€7,581€37,799-€6,950€18,346▲ 364%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €13,256
Net result €13,256 after one loss-making year.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€26,532
Net result drops to -€26,532, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Back to profitnet €58,011
Net result €58,011 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 3.11
Current ratio from 1.11 to 3.11.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
603 m²
Building footprint
137 m²
Volume, LiDAR
1,607 m³
Parcel 92067B0450/00A000, Wallonia · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WASIIT
Quai de Meuse(JB) 27, 5100 NamurAgents in non-specialised wholesale trade
since 20192.292.396.941
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92067B0450/00A000 Wallonia 603 m² 1 · 136 m² 15.0 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Compagnie Wado à Portefeuille 70%
  2. WASIIT

Highest known parent: Compagnie Wado à Portefeuille. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,287 companies in this sector we hold annual accounts for 593. 465 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded19-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
58290Other software publishing
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
E-mail mailwado@gmail.com
Phone +32476932537
E-invoicing
Reachable via Peppol
Peppol ID 0208:0732675345
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.