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WASSEP

Active
Private limited companyfounded 20251 yr activePeerderstraat 11, 3990 Peer, BelgiumKBO/BCE: BE 1026.456.176
Summary

The computed 12-month bankruptcy probability of WASSEP is 1.5% (moderate). The 2025 annual accounts show equity of €20,694 and a net result of €18,694. Its solvency ranks better than 80% of 4600 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency95
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.15; short-term debt: 29.9% and cash: 59.7% of total assets), and 29.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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
70.1%
Return on assets
63.3%
Age of the figures
9 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
32 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 13 August 2025, WASSEP was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€20,694
Total assets
€29,535
Net result
€18,694
Working capital
€10,162

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €29,535
Fixed assets €10,532
Current assets €19,003
Equity and liabilities €29,535
Equity €20,694
Debt €8,841
Debt finances 29.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€27,277
Cash flow
€20,202
Current ratio
2.15
Debt to equity
0.43
ROE
90.3%
ROA
63.3%
Interest coverage
1861.89
Debt ≤ 1 year
€8,841
Income taxes
€7,060

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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 11,280 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 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€29,535
Fixed assets21/28€10,532
Tangible fixed assets22/27€10,532
Plant, machinery and equipment23€1,188
Furniture and vehicles24€9,344
Current assets29/58€19,003
Amounts receivable within one year40/41€1,378
Trade receivables40€1,378
Cash at bank and in hand54/58€17,625
Equity and liabilities
Total equity and liabilities10/49€29,535
Equity10/15€20,694
Contributions10/11€2,000
Reserves13€18,694
Distributable reserves133€18,694
Amounts payable17/49€8,841
Amounts payable within one year42/48€8,841
Trade debts44€561
Suppliers440/4€561
Taxes, remuneration and social security45€7,066
Taxes450/3€7,066
Other amounts payable47/48€1,214
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,508
Gross operating margin9900€27,277
Operating profit (loss)9901€25,769
Financial charges65/66B€15
Recurring financial charges65€15
Profit (loss) for the period before taxes9903€25,754
Income taxes67/77€7,060
Profit (loss) for the period9904€18,694
Profit (loss) for the period to be appropriated9905€18,694
Appropriation of the result
Profit (loss) to be appropriated9906€18,694
Transfer to equity691/2€18,694
To other reserves6921€18,694

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,508
Gross operating margin9900€27,277
Operating profit (loss)9901€25,769
Financial charges65/66B€15
Recurring financial charges65€15
Profit (loss) for the period before taxes9903€25,754
Income taxes67/77€7,060
Profit (loss) for the period9904€18,694
Profit (loss) for the period to be appropriated9905€18,694
Line2025
Assets
Total assets20/58€29,535
Fixed assets21/28€10,532
Tangible fixed assets22/27€10,532
Plant, machinery and equipment23€1,188
Furniture and vehicles24€9,344
Current assets29/58€19,003
Amounts receivable within one year40/41€1,378
Trade receivables40€1,378
Cash at bank and in hand54/58€17,625
Equity and liabilities
Total equity and liabilities10/49€29,535
Equity10/15€20,694
Contributions10/11€2,000
Reserves13€18,694
Distributable reserves133€18,694
Amounts payable17/49€8,841
Amounts payable within one year42/48€8,841
Trade debts44€561
Suppliers440/4€561
Taxes, remuneration and social security45€7,066
Taxes450/3€7,066
Other amounts payable47/48€1,214
Line2025
Profit (loss) for the period9904€18,694
+ Depreciation and write-downs630€1,508
Operating cash flow (approximation)€20,202

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

2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Peer · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
776 m²
Building footprint
110 m²
Volume, LiDAR
511 m³
Parcel 72019B0513/00C004, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WASSEP
Peerderstraat 11, 3990 PeerOther building cleaning and industrial cleaning
since 20252.376.761.009
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72019B0513/00C004 Flanders 776 m² 1 · 110 m² 8.2 m · 2 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.

Similar companies · same sector, comparable size

Of 6,990 companies in this sector we hold annual accounts for 2,414. 1,807 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
Founded13-08-2025
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:1026456176
Registered 26-08-2025

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.