WauwWorks
ActiveWauwWorks has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-97k) and a net result of €4k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-18
Solvency0=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.45 against 2.46 in 2023; short-term debt: 68.4% and cash: 0.2% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
-267.4%
Return on assets
10.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2465 sector peers (2024).
NBB · sector comparisonPosition among 2465 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
26 d late
2022
23 d late
2021
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-97k▲ 3.8%
2023 · €-100k
2021: €-107k
2022: €-108k
2023: €-100k
2021 → 2024
Total assets
€36k▲ 190%
2023 · €12k
2021: €45k
2022: €16k
2023: €12k
2021 → 2024
Net result
€4k▼ 49.1%
2023 · €8k
2021: €-112k
2022: €-1k
2023: €8k
2021 → 2024
Working capital
€11k▲ 56.8%
2023 · €7k
2021: €-18k
2022: €-30k
2023: €7k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-107k-€-108k▼ 1.2%€-100k▲ 7.0%€-97k▲ 3.8%
Operating result€-112k-€-1k▲ 98.9%€8k€4k▼ 47.2%
Net result€-112k-€-1k▲ 98.8%€8k€4k▼ 49.1%
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 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36k
Fixed assets
€341▼ 35.5%
Current assets
€36k▲ 200%
Key figures and ratios
EBITDA
€4k▼
2023 · €8k
Cash flow
€4k▼
2023 · €8k
Solvency
-267.4%▲
2023 · -806.3%
Current ratio
1.45▼
2023 · 2.46
Quick ratio
1.45▼
2023 · 2.46
Debt / equity
-1.37▼
2023 · -1.12
ROA
10.6%▼
2023 · 60.5%
Interest coverage
23.47▼
2023 · 121.77
Debt
€133k▲
2023 · €113k
Debt ≤ 1 year
€25k▲
2023 · €5k
Debt > 1 year
€108k=
2023 · €108k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€12k€36k▲
Fixed assets21/28€529€341▼
Tangible fixed assets22/27€529€341▼
Plant, machinery and equipment23€529€341▼
Current assets29/58€12k€36k▲
Amounts receivable within one year40/41€12k€36k▲
Trade receivables40€11k€31k▲
Other amounts receivable41€403€5k▲
Cash at bank and in hand54/58€20€73▲
Equity and liabilities
Total equity and liabilities10/49€12k€36k▲
Equity10/15€-100k€-97k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-105k€-102k▲
Amounts payable17/49€113k€133k▲
Amounts payable after more than one year17€108k€108k=
Financial debts170/4€108k€108k=
Amounts payable within one year42/48€5k€25k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Advances received on contracts in progress46-€19k
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€2k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€188€188=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€9k€5k▼
Operating profit (loss)9901€8k€4k▼
Financial charges65/66B€64€179▲
Recurring financial charges65€64€179▲
Profit (loss) for the period before taxes9903€8k€4k▼
Profit (loss) for the period9904€8k€4k▼
Profit (loss) for the period to be appropriated9905€8k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-105k€-102k▲
Profit (loss) brought forward from the previous period14P€-113k€-105k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 2.46
Current ratio from 0.34 to 2.46; short-term debt falls from €45k to €5k.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 101 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-12-2021
Neil Van Steenkiste: Resigned as Director
09-09-2021
Yannick de Kleine: Resigned as Manager
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
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.
Frankrijklei 52000 AntwerpenGround area
3,517 m²
Building footprint
2,764 m²
Volume, LiDAR
107,530 m³
2 parcels, Flanders · tallest building 93.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
The Host
since 20212.322.433.287
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1294/00A000 ProtectedMonument · Townscape or village viewSite Vlaamse Opera, schermenmagazijn en hotel WagnerSource ↗ |
Flanders | 2,975 m² | 1 · 2,664 m² | 93.2 m · 7 fl. |
| 11004D0415/00N003 | Flanders | 542 m² | 1 · 100 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
12 connected companiesNetwork connections
Shared address
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Show 8 more network connections
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Public money · subsidies and aid
Flemish government
2022 · 2 entries · 16,654 EUR awarded · 16,654 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 16,654 EUR | 16,654 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Vlaams beschermingsmechanisme 12 (stopgezet)
Similar companies · same sector and region
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 3,526 companies in sector 90391 we hold annual accounts for 680.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2021
Fiscal year end31-12
Activities, NACEBEL
82300Organisation of conventions and trade shows
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
56210Event catering
59113Video and film production, excluding cinema and television films
90202Performing arts by artistic ensembles
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress 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.