Waterloo 108
ActiveSummary
Waterloo 108 has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-265k) and a net result of €29k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Signals
Six 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025Age of the figures
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9234 sector peers (2025).
NBB · sector comparisonPosition among 9234 sector peers
Solvency
better than 5%
← weakest
strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
24 d early
2024
31 d early
2023
36 d early
2022
27 d early
2021
4 d early
2020
32 d early
2019
37 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29k▲ 171%
2024 · €11k
2019: €-5k
2020: €-3k▲ +24.7% vs 2019
2021: €-314k▼ -9073% vs 2020lowest in 7 years
2022: €8k▲ +102% vs 2021
2023: €-9k▼ -222% vs 2022
2024: €11k▲ +215% vs 2023
2025: €29k▲ +171% vs 2024highest in 7 years
2019 → 2025
Working capital
€-265k▲ 9.9%
2024 · €-294k
2019: €413khighest in 7 years
2020: €409k▼ -1.1% vs 2019
2021: €-304k▼ -174% vs 2020
2022: €-296k▲ +2.6% vs 2021
2023: €-305k▼ -3.1% vs 2022lowest in 7 years
2024: €-294k▲ +3.5% vs 2023
2025: €-265k▲ +9.9% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-303k-€-296k▲ 2.5%€-305k▼ 3.2%€-294k▲ 3.5%€-265k▲ 9.9%
2021: €-303k
2022: €-296k▲ +2.5% vs 2021
2023: €-305k▼ -3.2% vs 2022lowest in 5 years
2024: €-294k▲ +3.5% vs 2023
2025: €-265k▲ +9.9% vs 2024highest in 5 years
Operating result€-313k-€8k€-4k€16k€35k▲ 115%
2021: €-313klowest in 5 years
2022: €8k▲ +103% vs 2021
2023: €-4k▼ -144% vs 2022
2024: €16k▲ +546% vs 2023
2025: €35k▲ +115% vs 2024highest in 5 years
Net result€-314k-€8k€-9k€11k€29k▲ 171%
2021: €-314klowest in 5 years
2022: €8k▲ +102% vs 2021
2023: €-9k▼ -222% vs 2022
2024: €11k▲ +215% vs 2023
2025: €29k▲ +171% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 115% above 2024 and is the highest result in the available series.
Key figures and ratios
Debt
€270k▼
2024 · €295k
Debt ≤ 1 year
€270k▼
2024 · €295k
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
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 · 29 lines
Balance sheet
Code20242025
Assets
Total assets20/58€563€5k▲
Current assets29/58€563€5k▲
Amounts receivable within one year40/41€239€178▼
Other amounts receivable41€239€178▼
Cash at bank and in hand54/58€324€5k▲
Equity and liabilities
Total equity and liabilities10/49€563€5k▲
Equity10/15€-294k€-265k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-313k€-284k▲
Amounts payable17/49€295k€270k▼
Amounts payable within one year42/48€295k€270k▼
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48€291k€262k▼
Income statement
Code20242025
Non-recurring operating income76A€18k-
Other operating charges640/8€387€400▲
Gross operating margin9900€16k€35k▲
Operating profit (loss)9901€16k€35k▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€11k€29k▲
Profit (loss) for the period9904€11k€29k▲
Profit (loss) for the period to be appropriated9905€11k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-313k€-284k▲
Profit (loss) brought forward from the previous period14P€-324k€-313k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €36k | - | €18k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €231 | €231 | €192 | - | - | - |
| Other operating charges640/8 | €868 | €868 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €-312k | €9k | €-3k | €16k | €35k | ▲ 112% |
| Operating profit (loss)9901 | €-313k | €8k | €-4k | €16k | €35k | ▲ 115% |
| Financial income75/76B | - | €780 | - | - | €3 | - |
| Recurring financial income75 | - | €780 | - | - | €3 | - |
| Financial charges65/66B | €1k | €1k | €6k | €5k | €6k | ▲ 3.2% |
| Recurring financial charges65 | €1k | €1k | €6k | €5k | €6k | ▲ 3.2% |
| Profit (loss) for the period before taxes9903 | €-314k | €8k | €-9k | €11k | €29k | ▲ 171% |
| Profit (loss) for the period9904 | €-314k | €8k | €-9k | €11k | €29k | ▲ 171% |
| Profit (loss) for the period to be appropriated9905 | €-314k | €8k | €-9k | €11k | €29k | ▲ 171% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €614k | €588 | €1k | €563 | €5k | ▲ 781% |
| Formation expenses20 | €423 | €192 | - | - | - | - |
| Current assets29/58 | €613k | €396 | €1k | €563 | €5k | ▲ 781% |
| Stocks and contracts in progress3 | €612k | - | - | - | - | - |
| Stocks30/36 | €612k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1k | €210 | €646 | €239 | €178 | ▼ 25.7% |
| Other amounts receivable41 | €1k | €210 | €646 | €239 | €178 | ▼ 25.7% |
| Cash at bank and in hand54/58 | - | €186 | €358 | €324 | €5k | ▲ 1,377% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €614k | €588 | €1k | €563 | €5k | ▲ 781% |
| Equity10/15 | €-303k | €-296k | €-305k | €-294k | €-265k | ▲ 9.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-322k | €-314k | €-324k | €-313k | €-284k | ▲ 9.3% |
| Amounts payable17/49 | €917k | €296k | €306k | €295k | €270k | ▼ 8.4% |
| Amounts payable within one year42/48 | €917k | €296k | €306k | €295k | €270k | ▼ 8.4% |
| Financial debts43 | €456k | €0 | - | - | - | - |
| Credit institutions430/8 | €456k | €0 | - | - | - | - |
| Trade debts44 | €56k | €9k | €2k | €4k | €4k | ▲ 0.5% |
| Suppliers440/4 | €56k | €9k | €2k | €4k | €4k | ▲ 0.5% |
| Taxes, remuneration and social security45 | - | - | - | - | €5k | - |
| Taxes450/3 | - | - | - | - | €5k | - |
| Other amounts payable47/48 | €405k | €288k | €304k | €291k | €262k | ▼ 10.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-314k | €8k | €-9k | €11k | €29k | ▲ 171% |
| + Depreciation and write-downs630 | €231 | €231 | €192 | - | - | - |
| Operating cash flow (approximation) | €-314k | €8k | €-9k | €11k | €29k | ▲ 171% |
| Change in cash | - | - | €173 | €-34 | €4k | ▲ 13,082% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €29k ▲171%
Operating result €35k, net result €29k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-314k
Net result drops to €-314k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
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
1 act for this company is 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, Waterloo · 1 establishment unit since 2018
Ground area
1,409 m²
Building footprint
347 m²
Volume, LiDAR
1,428 m³
2 parcels, Wallonia · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Avenue Prince Royal 7, 1410 Waterloo
since 20182.281.597.970
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0367/00_000 | Wallonia | 709 m² | 1 · 184 m² | 5.6 m · 1 fl. |
| 25763M0368/00_000 | Wallonia | 700 m² | 1 · 163 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500AB2EERFAE6BB03
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 1,605 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded31-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Scores and ratios are computed by Checked and are not a credit decision.