WATUP
ActiveWATUP has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 27172 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
91
/ 100
Excellent▲ +33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency69▲+49
Growth78=
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 1.05 in 2024), but 70.3% of the assets are financed with debt.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
on the day
2022
22 d early
2021
7 d early
2019
50 d late
2018
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close10-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▲ 343%
2024 · €8k
2018: €-2k
2019: €-2k
2021: €-15k
2022: €-32k
2023: €-3k
2024: €8k
2018 → 2025
Total assets
€123k▲ 69.7%
2024 · €73k
2018: €2k
2019: €2k
2021: €9k
2022: €52k
2023: €96k
2024: €73k
2018 → 2025
Net result
€14k▲ 29.8%
2024 · €11k
2018: €-25k
2021: €-13k
2022: €-17k
2023: €29k
2024: €11k
2018 → 2025
Working capital
€65k▲ 1,987%
2024 · €3k
2018: €-2k
2019: €-2k
2021: €-15k
2022: €-35k
2023: €-9k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-15k-€-32k▼ 118%€-3k▲ 91.0%€8k€37k▲ 343%
Operating result€-13k-€-17k▼ 36.7%€34k€18k▼ 47.7%€22k▲ 21.8%
Net result€-13k-€-17k▼ 36.6%€29k€11k▼ 61.7%€14k▲ 29.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€4k▼ 23.8%
Current assets
€119k▲ 77.8%
Equity and liabilities €123k
Equity
€37k▲ 343%
Debt
€87k▲ 34.6%
The debt ratio falls from 88.6% to 70.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€24k▲
2024 · €19k
Cash flow
€16k▲
2024 · €13k
Solvency
29.7%▲
2024 · 11.4%
Current ratio
2.20▲
2024 · 1.05
Quick ratio
1.59▲
2024 · 0.39
Debt / equity
2.37▼
2024 · 7.79
ROE
39.4%▼
2024 · 134.6%
ROA
11.7%▼
2024 · 15.3%
Interest coverage
29.90▼
2024 · 46.69
Debt
€87k▲
2024 · €64k
Debt ≤ 1 year
€54k▼
2024 · €64k
Income taxes
€7k▲
2024 · €6k
Staff costs
€36k▼
2024 · €78k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€73k€123k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23-€269
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€901€1k▲
Current assets29/58€67k€119k▲
Stocks and contracts in progress3€42k€33k▼
Stocks30/36€42k€33k▼
Amounts receivable within one year40/41€15k€56k▲
Trade receivables40€11k€31k▲
Other amounts receivable41€4k€25k▲
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1€1k€19k▲
Equity and liabilities
Total equity and liabilities10/49€73k€123k▲
Equity10/15€8k€37k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-12k€16k▲
Amounts payable17/49€64k€87k▲
Amounts payable within one year42/48€64k€54k▼
Trade debts44€6k€0▼
Suppliers440/4€6k€0▼
Taxes, remuneration and social security45€20k€24k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€13k€17k▲
Other amounts payable47/48€38k€30k▼
Accrued charges and deferred income492/3€650€33k▲
Income statement
Code20242025
Remuneration, social security and pensions62€78k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€474€567▲
Gross operating margin9900€98k€60k▼
Operating profit (loss)9901€18k€22k▲
Financial income75/76B-€297
Recurring financial income75-€21
Non-recurring financial income76B-€276
Financial charges65/66B€416€791▲
Recurring financial charges65€416€791▲
Profit (loss) for the period before taxes9903€17k€21k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€11k€14k▲
Profit (loss) for the period to be appropriated9905€11k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€2k▲
Profit (loss) brought forward from the previous period14P€-23k€-12k▲
Shareholders' contribution to the loss794-€14k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity doublescurrent ratio 2.20
Current ratio from 1.05 to 2.20; short-term debt falls from €64k to €54k.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 50 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 52 days late
2015
27-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
5 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, Elsene · 1 establishment unit since 2007
Ground area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
PylonWeb
since 20072.158.837.542
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 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 22,728 companies in sector 43211 we hold annual accounts for 10,270. 8,191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2007
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.