WAUTERS
ActiveWAUTERS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €-31k. Equity is growing by ~42.6% per year across the filed fiscal years. Its solvency ranks better than 11% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-79
Solvency33▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.27 in 2023; short-term debt: 91.5% of total assets), and 91.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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 2025Solvency, return and age of the figures
Solvency
8.5%
Return on assets
-13.3%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 7744 sector peers (2025).
NBB · sector comparisonPosition among 7744 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2023
16 d late
2022
3 d late
2021
1 d early
2020
3 d early
2019
on the day
2018
139 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20k▼ 54.8%
2023 · €43k
2018: €-1k
2019: €2k
2020: €7k
2021: €11k
2022: €22k
2023: €43k
2018 → 2025
Total assets
€232k▲ 11.0%
2023 · €209k
2018: €213k
2019: €187k
2020: €183k
2021: €206k
2022: €227k
2023: €209k
2018 → 2025
Net result
€-31k
2023 · €21k
2018: €-62k
2019: €3k
2020: €6k
2021: €4k
2022: €11k
2023: €21k
2018 → 2025
Working capital
€16k▼ 62.8%
2023 · €42k
2018: €-4k
2019: €1k
2020: €7k
2021: €5k
2022: €17k
2023: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€7k-€11k▲ 56.0%€22k▲ 95.9%€43k▲ 92.7%€20k▼ 54.8%
Operating result€9k-€7k▼ 16.3%€14k▲ 93.3%€23k▲ 62.7%€-29k
Net result€6k-€4k▼ 27.0%€11k▲ 167%€21k▲ 89.4%€-31k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-29k in 2025, compared with €23k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €232k
Fixed assets
€4k▼ 68.3%
Current assets
€228k▲ 16.2%
Equity and liabilities €232k
Equity
€20k▼ 54.8%
Debt
€212k▲ 28.2%
The debt ratio rises from 79.3% to 91.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-25k▼
2023 · €27k
Cash flow
€-27k▼
2023 · €25k
Solvency
8.5%▼
2023 · 20.7%
Current ratio
1.07▼
2023 · 1.27
Quick ratio
1.07▼
2023 · 1.21
Debt / equity
10.83▲
2023 · 3.82
ROE
-157.8%▼
2023 · 48.1%
ROA
-13.3%▼
2023 · 10.0%
Interest coverage
-15.42▼
2023 · 13.81
Debt
€212k▲
2023 · €165k
Debt ≤ 1 year
€212k▲
2023 · €154k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€209k€232k▲
Fixed assets21/28€13k€4k▼
Tangible fixed assets22/27€11k€2k▼
Leasing and similar rights25€11k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€196k€228k▲
Stocks and contracts in progress3€9k-
Stocks30/36€9k-
Amounts receivable within one year40/41€187k€227k▲
Trade receivables40€179k€216k▲
Other amounts receivable41€8k€12k▲
Deferred charges and accrued income490/1€100€385▲
Equity and liabilities
Total equity and liabilities10/49€209k€232k▲
Equity10/15€43k€20k▼
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€29k€29k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-4k€-27k▼
Amounts payable17/49€165k€212k▲
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€154k€212k▲
Current portion of amounts payable after more than one year42€4k€2k▼
Financial debts43€16k€18k▲
Credit institutions430/8€16k€18k▲
Trade debts44€113k€174k▲
Suppliers440/4€113k€174k▲
Advances received on contracts in progress46€6k€6k=
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€3k€587▼
Other amounts payable47/48€9k€9k▼
Accrued charges and deferred income492/3€4k-
Income statement
Code20232025
Remuneration, social security and pensions62€27k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€13k
Other operating charges640/8€88€141▲
Gross operating margin9900€54k€-12k▼
Operating profit (loss)9901€23k€-29k▼
Financial income75/76B€0€117▲
Recurring financial income75€0€117▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€21k€-31k▼
Profit (loss) for the period9904€21k€-31k▼
Profit (loss) for the period to be appropriated9905€21k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-27k▼
Profit (loss) brought forward from the previous period14P€-25k€3k▲
Social balance
Average headcount (FTE)90870.5-
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 16 days late
2023
30-09
Financial
Highest result since 2018net €21k ▲89.4%
Operating result €23k, net result €21k, both a record.
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 139 days late
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 4 days late
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bierbeek · 1 establishment unit since 2002
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.
Helmkruidstraat 163360 BierbeekGround area
532 m²
Building footprint
110 m²
Volume, LiDAR
621 m³
Parcel 24065C0214/00Y007, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Helmkruidstraat 16, 3360 Bierbeek
since 20022.096.084.579
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24065C0214/00Y007 | Flanders | 532 m² | 1 · 110 m² | 7.9 m · 2 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 9,531 companies in sector 43222 we hold annual accounts for 5,661. 3,494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-05-2002
Fiscal year end30-09
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
43110Demolition
43230Insulation installation
43291Specialised construction activities
45111
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.