Wattpiek
ActiveWattpiek is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The 2025 annual accounts show equity of €14k and a net result of €4k. Its solvency ranks better than 29% of 27787 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
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Every signal that weighs is under Signals.
Axes
Profitability79
Solvency53
Growth-
Track record50
Credit verdict
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.54; short-term debt: 59.3% and cash: 6.4% of total assets), but 72.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years, statistically higher risk.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€14k
Total assets
€52k
Net result
€4k
Working capital
€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €52k
Fixed assets
€5k
Current assets
€47k
Equity and liabilities €52k
Equity
€14k
Debt
€38k
Debt finances 72.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€6k
Cash flow
€4k
Solvency
27.6%
Current ratio
1.54
Quick ratio
1.54
Debt / equity
2.63
ROE
30.2%
ROA
8.3%
Interest coverage
611.39
Debt
€38k
Debt ≤ 1 year
€31k
Income taxes
€1k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€52k
Fixed assets21/28€5k
Tangible fixed assets22/27€5k
Plant, machinery and equipment23€698
Furniture and vehicles24€4k
Current assets29/58€47k
Amounts receivable within one year40/41€44k
Trade receivables40€44k
Other amounts receivable41€557
Cash at bank and in hand54/58€3k
Equity and liabilities
Total equity and liabilities10/49€52k
Equity10/15€14k
Contributions10/11€10k
Reserves13€4k
Distributable reserves133€4k
Amounts payable17/49€38k
Amounts payable within one year42/48€31k
Trade debts44€16k
Suppliers440/4€16k
Taxes, remuneration and social security45€1k
Taxes450/3€1k
Other amounts payable47/48€14k
Accrued charges and deferred income492/3€7k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83
Gross operating margin9900€6k
Operating profit (loss)9901€5k
Financial charges65/66B€9
Recurring financial charges65€9
Profit (loss) for the period before taxes9903€5k
Income taxes67/77€1k
Profit (loss) for the period9904€4k
Profit (loss) for the period to be appropriated9905€4k
Appropriation of the result
Profit (loss) to be appropriated9906€4k
Transfer to equity691/2€4k
To other reserves6921€4k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
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, Zwalm · 1 establishment unit since 2025
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bruggenhoek(Munk) 39630 ZwalmGround area
876 m²
Building footprint
327 m²
Volume, LiDAR
1,397 m³
Parcel 45027A0464/00H000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Wattpiek
since 20252.379.019.327
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45027A0464/00H000 | Flanders | 876 m² | 1 · 327 m² | 7.0 m · 1 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.
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Of 220 companies in sector 43213 we hold annual accounts for 59. 40 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2025
Fiscal year end31-12
Activities, NACEBEL
43213Specialised construction activities
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.