WAVE architecture
ActiveSummary
WAVE architecture has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €308,029 and a net result of €2,870. Equity is growing by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▲+3
Solvency100=
Growth42=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 4.29 against 2.85 in 2023; short-term debt: 2.8% and cash: 6.5% of total assets), and 3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
27 d early
2023
42 d early
2022
40 d early
2021
41 d early
2020
31 d early
2019
106 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Turnover
€339,196▲ 45.3%
2021 · €233,480
EBIT margin
0.3%▼ 0.5pp
2021 · 0.8%
Net result
€2,870
2023 · -€3,750
Working capital
€29,520▲ 43.5%
2023 · €20,574
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€367,495€233,480▼ 36.5%€339,196▲ 45.3%
Operating result€2,708▲ 76.2%€1,786▼ 34.0%€897▼ 49.8%-€3,685€2,933
Net result€3,099within the sector's middle half▲ 83.1%€59,976above the sector's middle half▲ 1,835%€835below the sector's middle half▼ 98.6%-€3,750below the sector's middle half€2,870within the sector's middle half
EBIT margin0.7%0.8%=0.3%▼ 0.5pp
Equity€248,098above the sector's middle half▲ 1.3%€308,074above the sector's middle half▲ 24.2%€308,909above the sector's middle half▲ 0.3%€305,159above the sector's middle half▼ 1.2%€308,029above the sector's middle half▲ 0.9%
Total assets€339,835above the sector's middle half▼ 10.3%€336,253above the sector's middle half▼ 1.1%€349,804above the sector's middle half▲ 4.0%€316,768within the sector's middle half▼ 9.4%€317,665above the sector's middle half▲ 0.3%
Debt€91,737▼ 31.5%€28,179▼ 69.3%€40,895▲ 45.1%€11,609▼ 71.6%€9,636▼ 17.0%
Working capital-€20,275below the sector's middle half▲ 26.4%€47,770within the sector's middle half€41,919within the sector's middle half▼ 12.2%€20,574within the sector's middle half▼ 50.9%€29,520within the sector's middle half▲ 43.5%
Solvency73.0%within the sector's middle half▲ 8.4pp91.6%above the sector's middle half▲ 18.6pp88.3%above the sector's middle half▼ 3.3pp96.3%above the sector's middle half▲ 8.0pp97.0%above the sector's middle half▲ 0.6pp
Current ratio0.77below the sector's middle half▼ 0.022.77within the sector's middle half▲ 1.992.20within the sector's middle half▼ 0.572.85within the sector's middle half▲ 0.654.29above the sector's middle half▲ 1.44
Return on assets (ROA)0.9%within the sector's middle half▲ 0.5pp17.8%within the sector's middle half▲ 16.9pp0.2%below the sector's middle half▼ 17.6pp-1.2%below the sector's middle half▼ 1.4pp0.9%below the sector's middle half▲ 2.1pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2,933 after a loss of €3,685 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €317,665
Fixed assets
€279,175 ▼ 2.1%
Current assets
€38,490 ▲ 21.5%
Equity and liabilities €317,665
Equity
€308,029 ▲ 0.9%
Debt
€9,636 ▼ 17.0%
Debt's share of the balance-sheet total falls from 3.7% to 3.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,843▲
2023 · €2,596
Cash flow
€8,780▲
2023 · €2,531
Debt to equity
0.03▼
2023 · 0.04
ROE
0.9%▲
2023 · -1.2%
Interest coverage
138.17▲
2023 · 39.33
Debt ≤ 1 year
€8,970▼
2023 · €11,109
Staff costs
€3,246▼
2023 · €4,944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €367,495 | €233,480 | €339,196 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €255,523 | €345,638 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €4,944 | €3,246 | ▼ 34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,519 | €10,136 | €4,442 | €6,281 | €5,910 | ▼ 5.9% |
| Other operating charges640/8 | - | €347 | €404 | €1,433 | €690 | ▼ 51.8% |
| Gross operating margin9900 | €12,719 | €12,269 | €5,743 | €8,973 | €12,779 | ▲ 42.4% |
| Operating profit (loss)9901 | €2,708 | €1,786 | €897 | -€3,685 | €2,933 | ▲ 180% |
| Financial income75/76B | - | €58,816 | €1 | €1 | €1 | = |
| Recurring financial income75 | €1 | €58,816 | €1 | €1 | €1 | = |
| Financial charges65/66B | - | €105 | €63 | €66 | €64 | ▼ 3.0% |
| Recurring financial charges65 | €232 | €105 | €63 | €66 | €64 | ▼ 3.0% |
| Profit (loss) for the period before taxes9903 | €2,477 | €60,497 | €835 | -€3,750 | €2,870 | ▲ 177% |
| Income taxes67/77 | -€622 | €521 | - | - | - | - |
| Profit (loss) for the period9904 | €3,099 | €59,976 | €835 | -€3,750 | €2,870 | ▲ 177% |
| Profit (loss) for the period to be appropriated9905 | €3,099 | €59,976 | €835 | -€3,750 | €2,870 | ▲ 177% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €339,835 | €336,253 | €349,804 | €316,768 | €317,665 | ▲ 0.3% |
| Fixed assets21/28 | €271,564 | €261,428 | €272,895 | €285,085 | €279,175 | ▼ 2.1% |
| Intangible fixed assets21 | €2,988 | €1,992 | €996 | - | - | - |
| Tangible fixed assets22/27 | €15,846 | €6,706 | €21,899 | €34,967 | €29,057 | ▼ 16.9% |
| Plant, machinery and equipment23 | - | - | €7,006 | €6,296 | €5,586 | ▼ 11.3% |
| Furniture and vehicles24 | - | €5,747 | €14,893 | €9,712 | €6,549 | ▼ 32.6% |
| Other tangible fixed assets26 | - | €959 | - | €18,959 | €16,922 | ▼ 10.7% |
| Financial fixed assets28 | €252,730 | €252,730 | €250,000 | €250,118 | €250,118 | = |
| Current assets29/58 | €68,271 | €74,825 | €76,909 | €31,683 | €38,490 | ▲ 21.5% |
| Amounts receivable within one year40/41 | €50,205 | €8,551 | €13,552 | €3,683 | €11,748 | ▲ 219% |
| Trade receivables40 | - | €1,000 | €7,800 | - | €7,031 | - |
| Other amounts receivable41 | - | €7,551 | €5,752 | €3,683 | €4,717 | ▲ 28.1% |
| Cash at bank and in hand54/58 | €14,466 | €66,274 | €63,357 | €28,000 | €20,746 | ▼ 25.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €5,996 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €339,835 | €336,253 | €349,804 | €316,768 | €317,665 | ▲ 0.3% |
| Equity10/15 | €248,098 | €308,074 | €308,909 | €305,159 | €308,029 | ▲ 0.9% |
| Contributions10/11 | €6,200 | €6,200 | €8,060 | €8,060 | €8,060 | = |
| Capital10 | - | €6,200 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - | - |
| Outside capital11 | - | - | €8,060 | - | - | - |
| Share premium1100/10 | - | - | €6,200 | - | - | - |
| Other1109/19 | - | - | €1,860 | - | - | - |
| Reserves13 | €31,860 | €31,860 | €30,000 | €30,000 | €30,000 | = |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €210,038 | €270,014 | €270,849 | €267,099 | €269,969 | ▲ 1.1% |
| Amounts payable17/49 | €91,737 | €28,179 | €40,895 | €11,609 | €9,636 | ▼ 17.0% |
| Amounts payable within one year42/48 | €88,546 | €27,055 | €34,990 | €11,109 | €8,970 | ▼ 19.3% |
| Trade debts44 | €86,902 | €24,971 | €32,906 | €7,799 | €7,258 | ▼ 6.9% |
| Suppliers440/4 | - | €24,971 | €32,906 | €7,799 | €7,258 | ▼ 6.9% |
| Taxes, remuneration and social security45 | - | - | - | €2,492 | €1,712 | ▼ 31.3% |
| Taxes450/3 | - | - | - | €2,492 | €1,712 | ▼ 31.3% |
| Other amounts payable47/48 | - | €2,084 | €2,084 | €818 | - | - |
| Accrued charges and deferred income492/3 | - | €1,124 | €5,905 | €500 | €666 | ▲ 33.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,099 | €59,976 | €835 | -€3,750 | €2,870 | ▲ 177% |
| + Depreciation and write-downs630 | €9,519 | €10,136 | €4,442 | €6,281 | €5,910 | ▼ 5.9% |
| Operating cash flow (approximation) | €12,618 | €70,112 | €5,277 | €2,531 | €8,780 | ▲ 247% |
| Investment in fixed assets (approximation) | - | €0 | -€15,909 | -€18,471 | €0 | ▲ 100% |
| Change in cash | - | €51,808 | -€2,917 | -€35,357 | -€7,254 | ▲ 79.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2,870
Net result €2,870 after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€3,750
Net result drops to -€3,750, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €59,976 ▲1,835%
Net result €59,976, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 2.77
Current ratio from 0.77 to 2.77; short-term debt falls from €88,546 to €27,055.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 106 days late
2019
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hoeilaart · 1 establishment unit since 2012
Ground area
1,751 m²
Building footprint
139 m²
Volume, LiDAR
342 m³
Parcel 23033C0075/00F021, Flanders · tallest building 16.8 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
WAVE architecture
since 20122.209.331.980
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033C0075/00F021 | Flanders | 1,751 m² | 1 · 139 m² | 16.8 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 owners · 1 holdingOwners 2
-
50%
-
50%
Holdings 1
-
99.92%
According to the 2024 annual accounts of WAVE architecture and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPrivate limited company
Founded09-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71112Activities of interior architects
71113Urban planning and landscape architecture
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842515472
Also
9925:BE0842515472
Registered
30-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.