WAVA RETAIL
ActiveFor WAVA RETAIL, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €194k and a net result of €37k. Equity is growing by ~35.5% per year across the filed fiscal years. Its solvency ranks better than 41% of 9432 sector peers (fiscal year 2023). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability67▲+7
Solvency54▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
29.4%
Return on assets
5.6%
Age of the figures
33 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-08-2024, 20 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
20 d late
2022
21 d late
2021
29 d late
2020
30 d late
2019
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€194k▲ 23.6%
2022 · €157k
2018: €46k
2019: €62k
2020: €74k
2021: €149k
2022: €157k
2018 → 2023
Total assets
€657k▲ 17.3%
2022 · €560k
2018: €663k
2019: €628k
2020: €904k
2021: €932k
2022: €560k
2018 → 2023
Net result
€37k▲ 411%
2022 · €7k
2018: €6k
2019: €16k
2020: €12k
2021: €75k
2022: €7k
2018 → 2023
Working capital
€169k▲ 168%
2022 · €63k
2018: €36k
2019: €67k
2020: €71k
2021: €143k
2022: €63k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€62k-€74k▲ 19.9%€149k▲ 101%€157k▲ 4.8%€194k▲ 23.6%
Operating result€30k-€31k▲ 1.4%€106k▲ 246%€37k▼ 65.1%€79k▲ 114%
Net result€16k-€12k▼ 23.9%€75k▲ 505%€7k▼ 90.3%€37k▲ 411%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 114% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €657k
Fixed assets
€84k▼ 32.7%
Current assets
€573k▲ 31.6%
Equity and liabilities €657k
Equity
€194k▲ 23.6%
Debt
€464k▲ 14.9%
The debt ratio falls from 72.1% to 70.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103k▲
2022 · €75k
Cash flow
€61k▲
2022 · €45k
Solvency
29.4%▲
2022 · 27.9%
Current ratio
1.42▲
2022 · 1.17
Quick ratio
1.24▲
2022 · 0.88
Debt / equity
2.40▼
2022 · 2.58
ROE
19.1%▲
2022 · 4.6%
ROA
5.6%▲
2022 · 1.3%
Interest coverage
4.99▲
2022 · 4.71
Debt
€464k▲
2022 · €404k
Debt ≤ 1 year
€404k▲
2022 · €373k
Debt > 1 year
€44k
Income taxes
€22k▲
2022 · €14k
Staff costs
€73k▼
2022 · €147k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€560k€657k▲
Fixed assets21/28€125k€84k▼
Tangible fixed assets22/27€124k€83k▼
Land and buildings22€8k€4k▼
Plant, machinery and equipment23€95k€79k▼
Furniture and vehicles24€21k-
Financial fixed assets28€780€780=
Current assets29/58€436k€573k▲
Stocks and contracts in progress3€109k€73k▼
Stocks30/36€109k€73k▼
Amounts receivable within one year40/41€236k€483k▲
Trade receivables40€9k€2k▼
Other amounts receivable41€227k€482k▲
Cash at bank and in hand54/58€91k€17k▼
Equity and liabilities
Total equity and liabilities10/49€560k€657k▲
Equity10/15€157k€194k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€136k€173k▲
Amounts payable17/49€404k€464k▲
Amounts payable after more than one year17-€44k
Financial debts170/4-€44k
Amounts payable within one year42/48€373k€404k▲
Current portion of amounts payable after more than one year42€41k€18k▼
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€169k€221k▲
Suppliers440/4€169k€221k▲
Taxes, remuneration and social security45€38k€40k▲
Taxes450/3€38k€40k▲
Accrued charges and deferred income492/3€31k€16k▼
Income statement
Code20222023
Non-recurring operating income76A-€688
Remuneration, social security and pensions62€147k€73k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€24k▼
Other operating charges640/8€256€2k▲
Gross operating margin9900€222k€178k▼
Operating profit (loss)9901€37k€79k▲
Financial charges65/66B€16k€21k▲
Recurring financial charges65€16k€21k▲
Profit (loss) for the period before taxes9903€21k€58k▲
Income taxes67/77€14k€22k▲
Profit (loss) for the period9904€7k€37k▲
Profit (loss) for the period to be appropriated9905€7k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€136k€173k▲
Profit (loss) brought forward from the previous period14P€129k€136k▲
Social balance
Average headcount (FTE)90874.64.6=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
31-12
Financial
Equity above €150kEq €157k ▲4.8%
5 profitable years in a row build equity to €157k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €75k ▲505%
Operating result €106k, net result €75k, both a record.
31-12
Financial
Equity above €100kEq €149k ▲101%
4 profitable years in a row build equity to €149k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 16 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Lubbeek · 2 establishment units since 2013
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.
Diestsesteenweg(LIN) 2533210 LubbeekGround area
7,983 m²
Building footprint
913 m²
Volume, LiDAR
5,048 m³
3 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Spar Lubbeek
since 20132.220.800.647
WAVA RETAIL
since 20212.313.736.149
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24043E0165/00B000 | Flanders | 6,303 m² | 1 · 283 m² | 7.8 m · 2 fl. |
| 24063B0186/00B002 | Flanders | 845 m² | 1 · 479 m² | 7.6 m · 2 fl. |
| 24063B0186/00N000 | Flanders | 834 m² | 1 · 151 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLubbeek2.220.800.647
Similar companies · same sector, comparable size
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DEMIRAL
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Il Pinguino
BE 0782.495.238
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AKTAN A.L.C.
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PROXY DE MEYER
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De Panne · Eq €194k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-07-2013
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.