WATERLOO CONSTRUCT CONSULTING
ActiveSummary
WATERLOO CONSTRUCT CONSULTING has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €666k and a net result of €72k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-2
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 4.21 against 3.73 in 2024; short-term debt: 11.4% and cash: 4% of total assets), and 22.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2025Solvency, return and age of the figures
Solvency
77.5%
Return on assets
8.4%
Age of the figures
10 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 30-06-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
2 d early
2021
52 d late
2020
88 d late
2019
42 d late
2018
20 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 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€666k▲ 10.4%
2024 · €603k
2018: €365klowest value
2019: €413k▲ +13.2% vs 2018
2020: €436k▲ +5.6% vs 2019
2021: €488k▲ +11.8% vs 2020
2023: €533k
2024: €603k▲ +13.1% vs 2023
2025: €666k▲ +10.4% vs 2024highest value
2018 → 2025
Total assets
€860k▲ 2.3%
2024 · €840k
2018: €768klowest value
2019: €802k▲ +4.3% vs 2018
2020: €776k▼ -3.2% vs 2019
2021: €789k▲ +1.8% vs 2020
2023: €770k
2024: €840k▲ +9.1% vs 2023
2025: €860k▲ +2.3% vs 2024highest value
2018 → 2025
Net result
€72k▼ 9.5%
2024 · €80k
2018: €33k
2019: €63k▲ +93.4% vs 2018
2020: €26k▼ -59.0% vs 2019lowest value
2021: €75k▲ +192% vs 2020
2023: €46k
2024: €80k▲ +75.4% vs 2023highest value
2025: €72k▼ -9.5% vs 2024
2018 → 2025
Working capital
€314k▲ 15.0%
2024 · €273k
2018: €-18klowest value
2019: €187k▲ +1141% vs 2018
2020: €190k▲ +1.9% vs 2019
2021: €207k▲ +8.7% vs 2020
2023: €203k
2024: €273k▲ +34.7% vs 2023
2025: €314k▲ +15.0% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€436k-€488k▲ 11.8%€533k▲ 9.4%€603k▲ 13.1%€666k▲ 10.4%
2020: €436klowest value
2021: €488k▲ +11.8% vs 2020
2023: €533k
2024: €603k▲ +13.1% vs 2023
2025: €666k▲ +10.4% vs 2024highest value
Operating result€48k-€109k▲ 126%€86k▼ 21.3%€116k▲ 35.1%€106k▼ 7.9%
2020: €48klowest value
2021: €109k▲ +126% vs 2020
2023: €86k
2024: €116k▲ +35.1% vs 2023highest value
2025: €106k▼ -7.9% vs 2024
Net result€26k-€75k▲ 192%€46k▼ 39.5%€80k▲ 75.4%€72k▼ 9.5%
2020: €26klowest value
2021: €75k▲ +192% vs 2020
2023: €46k
2024: €80k▲ +75.4% vs 2023highest value
2025: €72k▼ -9.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €860k
Fixed assets
€448k ▼ 4.1%
Current assets
€412k ▲ 10.4%
Equity and liabilities €860k
Equity
€666k ▲ 10.4%
Debt
€194k ▼ 18.1%
Debt's share of the balance-sheet total falls from 28.2% to 22.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€125k▼
2024 · €135k
Cash flow
€91k▼
2024 · €99k
Current ratio
4.21▲
2024 · 3.73
Debt to equity
0.29▼
2024 · 0.39
ROE
10.9%▼
2024 · 13.3%
ROA
8.4%▼
2024 · 9.5%
Interest coverage
20.86▲
2024 · 18.43
Debt ≤ 1 year
€98k▼
2024 · €100k
Debt > 1 year
€71k▼
2024 · €119k
Income taxes
€28k▼
2024 · €28k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€840k€860k▲
Fixed assets21/28€467k€448k▼
Tangible fixed assets22/27€467k€448k▼
Land and buildings22€94k€90k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€368k€356k▼
Current assets29/58€373k€412k▲
Amounts receivable after more than one year29€345k€345k=
Other amounts receivable291€345k€345k=
Amounts receivable within one year40/41€13k€31k▲
Trade receivables40-€728
Other amounts receivable41€13k€30k▲
Cash at bank and in hand54/58€13k€34k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€840k€860k▲
Equity10/15€603k€666k▲
Contributions10/11€6k€6k=
Reserves13€368k€431k▲
Distributable reserves133€368k€431k▲
Profit (loss) carried forward14€229k€229k=
Amounts payable17/49€237k€194k▼
Amounts payable after more than one year17€119k€71k▼
Financial debts170/4€119k€71k▼
Amounts payable within one year42/48€100k€98k▼
Current portion of amounts payable after more than one year42€50k€50k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€37k€31k▼
Taxes450/3€35k€29k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€10k€10k=
Accrued charges and deferred income492/3€18k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k=
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€138k€136k▼
Operating profit (loss)9901€116k€106k▼
Financial income75/76B€6€44▲
Recurring financial income75€6€44▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€108k€100k▼
Income taxes67/77€28k€28k▼
Profit (loss) for the period9904€80k€72k▼
Profit (loss) for the period to be appropriated9905€80k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€309k€301k▼
Profit (loss) brought forward from the previous period14P€229k€229k=
Transfer to equity691/2€70k€62k▼
To other reserves6921€70k€62k▼
Profit to be distributed694/7€10k€10k=
Directors or managers695€10k€10k=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €16k | €33k | €19k | €19k | = |
| Other operating charges640/8 | - | €3k | €6k | €4k | €5k | ▲ 47.9% |
| Non-recurring operating charges66A | - | - | - | - | €5k | - |
| Gross operating margin9900 | €67k | €128k | €125k | €138k | €136k | ▼ 1.8% |
| Operating profit (loss)9901 | €48k | €109k | €86k | €116k | €106k | ▼ 7.9% |
| Financial income75/76B | - | - | - | €6 | €44 | ▲ 633% |
| Recurring financial income75 | €1 | - | - | €6 | €44 | ▲ 633% |
| Financial charges65/66B | - | €11k | €18k | €7k | €6k | ▼ 17.6% |
| Recurring financial charges65 | €12k | €11k | €18k | €7k | €6k | ▼ 17.6% |
| Profit (loss) for the period before taxes9903 | €36k | €98k | €67k | €108k | €100k | ▼ 7.2% |
| Income taxes67/77 | €10k | €22k | €22k | €28k | €28k | ▼ 0.7% |
| Profit (loss) for the period9904 | €26k | €75k | €46k | €80k | €72k | ▼ 9.5% |
| Profit (loss) for the period to be appropriated9905 | €26k | €75k | €46k | €80k | €72k | ▼ 9.5% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €776k | €789k | €770k | €840k | €860k | ▲ 2.3% |
| Fixed assets21/28 | €514k | €498k | €502k | €467k | €448k | ▼ 4.1% |
| Tangible fixed assets22/27 | €514k | €498k | €502k | €467k | €448k | ▼ 4.1% |
| Land and buildings22 | - | €94k | €98k | €94k | €90k | ▼ 4.4% |
| Furniture and vehicles24 | - | €1k | €23k | €5k | €2k | ▼ 60.4% |
| Other tangible fixed assets26 | - | €403k | €380k | €368k | €356k | ▼ 3.3% |
| Current assets29/58 | €261k | €291k | €268k | €373k | €412k | ▲ 10.4% |
| Amounts receivable after more than one year29 | - | €235k | €245k | €345k | €345k | = |
| Other amounts receivable291 | - | €235k | €245k | €345k | €345k | = |
| Amounts receivable within one year40/41 | €25k | €12k | €9k | €13k | €31k | ▲ 132% |
| Trade receivables40 | - | €6k | €4k | - | €728 | - |
| Other amounts receivable41 | - | €6k | €5k | €13k | €30k | ▲ 126% |
| Cash at bank and in hand54/58 | €22k | €31k | €12k | €13k | €34k | ▲ 170% |
| Deferred charges and accrued income490/1 | - | €13k | €3k | €2k | €2k | ▼ 11.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €776k | €789k | €770k | €840k | €860k | ▲ 2.3% |
| Equity10/15 | €436k | €488k | €533k | €603k | €666k | ▲ 10.4% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €202k | €253k | €298k | €368k | €431k | ▲ 16.9% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €251k | €298k | €368k | €431k | ▲ 16.9% |
| Profit (loss) carried forward14 | €228k | €229k | €229k | €229k | €229k | = |
| Amounts payable17/49 | €340k | €302k | €236k | €237k | €194k | ▼ 18.1% |
| Amounts payable after more than one year17 | €252k | €217k | €166k | €119k | €71k | ▼ 40.3% |
| Financial debts170/4 | - | €217k | €166k | €119k | €71k | ▼ 40.3% |
| Amounts payable within one year42/48 | €71k | €84k | €65k | €100k | €98k | ▼ 2.1% |
| Current portion of amounts payable after more than one year42 | - | €44k | €48k | €50k | €50k | ▲ 1.4% |
| Trade debts44 | €2k | €794 | €4k | €4k | €6k | ▲ 67.2% |
| Suppliers440/4 | - | €794 | €4k | €4k | €6k | ▲ 67.2% |
| Taxes, remuneration and social security45 | - | €40k | €13k | €37k | €31k | ▼ 14.5% |
| Taxes450/3 | - | €40k | €13k | €35k | €29k | ▼ 15.4% |
| Remuneration and social security454/9 | - | - | - | €2k | €2k | = |
| Other amounts payable47/48 | - | - | - | €10k | €10k | = |
| Accrued charges and deferred income492/3 | - | - | €5k | €18k | €25k | ▲ 40.1% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €75k | €46k | €80k | €72k | ▼ 9.5% |
| + Depreciation and write-downs630 | €16k | €16k | €33k | €19k | €19k | = |
| Operating cash flow (approximation) | €42k | €92k | €79k | €99k | €91k | ▼ 7.7% |
| Investment in fixed assets (approximation) | - | €0 | - | €16k | €0 | ▼ 100% |
| Change in cash | - | €9k | - | €854 | €22k | ▲ 2,422% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-11
Financial
Highest result since 2018net €80k ▲75.4%
Operating result €116k, net result €80k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-11
Financial
Equity above €500kEq €533k ▲9.4%
5 profitable years in a row build equity to €533k.
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 52 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €26k ▼59%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 3.14
Current ratio from 0.76 to 3.14.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
01-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 32 days late
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Rixensart · 1 establishment unit since 2008
Ground area
1,120 m²
Building footprint
144 m²
Volume, LiDAR
995 m³
Parcel 25091B0194/00N000, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
WATERLOO CONSTRUCT CONSULTING
since 20082.173.062.393
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091B0194/00N000 | Wallonia | 1,120 m² | 1 · 144 m² | 9.3 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 32,065 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
Founded21-08-2008
Fiscal year end30-11
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.