WAVE CONSULTING
ActiveThe annual accounts of WAVE CONSULTING for fiscal year 2025 show a net loss of 51% of total assets and of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €14k and a net result of €-22k. Equity is shrinking by ~19.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 29% of 16989 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-8
Solvency58▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.49 against 1.63 in 2024; short-term debt: 67.2% and cash: 0.3% of total assets), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
-51.1%
Age of the figures
9 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-22k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d late
2023
29 d late
2022
31 d late
2021
29 d late
2020
214 d late
2019
60 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 60.9%
2024 · €36k
2018: €138k
2019: €127k
2020: €84k
2021: €93k
2022: €100k
2023: €77k
2024: €36k
2018 → 2025
Total assets
€43k▼ 53.8%
2024 · €93k
2018: €186k
2019: €192k
2020: €132k
2021: €173k
2022: €149k
2023: €100k
2024: €93k
2018 → 2025
Net result
€-22k▼ 169%
2024 · €-8k
2018: €21k
2019: €32k
2020: €-113
2021: €31k
2022: €6k
2023: €-2k
2024: €-8k
2018 → 2025
Working capital
€14k▼ 60.9%
2024 · €36k
2018: €105k
2019: €103k
2020: €83k
2021: €91k
2022: €98k
2023: €76k
2024: €36k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€100k▲ 6.8%€77k▼ 23.1%€36k▼ 52.9%€14k▼ 60.9%
Operating result€39k-€7k▼ 83.4%€-4k€-11k▼ 147%€-23k▼ 117%
Net result€31k-€6k▼ 79.8%€-2k€-8k▼ 396%€-22k▼ 169%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23k in 2025 against €11k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €43k
Equity
€14k▼ 60.9%
Debt
€29k▼ 49.3%
The debt ratio rises from 61.2% to 67.2%. Equity and debt are lower.
Key figures and ratios
Solvency
32.8%▼
2024 · 38.8%
Current ratio
1.49▼
2024 · 1.63
Quick ratio
1.49▼
2024 · 1.63
Debt / equity
2.05▲
2024 · 1.58
ROE
-156.0%▼
2024 · -22.7%
ROA
-51.1%▼
2024 · -8.8%
Debt
€29k▼
2024 · €57k
Debt ≤ 1 year
€29k▼
2024 · €57k
Income taxes
€268▼
2024 · €480
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€93k€43k▼
Current assets29/58€93k€43k▼
Amounts receivable within one year40/41€81k€43k▼
Trade receivables40€34k€15k▼
Other amounts receivable41€48k€27k▼
Cash at bank and in hand54/58€12k€113▼
Equity and liabilities
Total equity and liabilities10/49€93k€43k▼
Equity10/15€36k€14k▼
Contributions10/11€8k€8k=
Reserves13€38k€38k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€-10k€-32k▼
Amounts payable17/49€57k€29k▼
Amounts payable within one year42/48€57k€29k▼
Trade debts44€24k€3k▼
Suppliers440/4€24k€3k▼
Advances received on contracts in progress46-€15k
Taxes, remuneration and social security45€2k€11k▲
Taxes450/3€2k€11k▲
Other amounts payable47/48€31k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€750-
Other operating charges640/8€891-
Gross operating margin9900€-9k€-23k▼
Operating profit (loss)9901€-11k€-23k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€168€757▲
Recurring financial charges65€168€757▲
Profit (loss) for the period before taxes9903€-8k€-22k▼
Income taxes67/77€480€268▼
Profit (loss) for the period9904€-8k€-22k▼
Profit (loss) for the period to be appropriated9905€-8k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-32k▼
Profit (loss) brought forward from the previous period14P€-1k€-10k▼
Transfer from equity791/2€34k-
Transfer to equity691/2€2k-
To contributions691€2k-
Profit to be distributed694/7€32k-
Return on contributions (dividend)694€32k-
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 214 days late
2021
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Highest result since 2018net €32k ▲51.5%
Operating result €41k, net result €32k, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ukkel · 1 establishment unit since 2011
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.
Sint-Jobsesteenweg 3621180 UkkelGround area
463 m²
Building footprint
123 m²
Volume, LiDAR
725 m³
Parcel 21614E0327/00D005, Brussels · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WAVE CONSULTING
since 20112.202.809.028
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0327/00D005 | Brussels | 463 m² | 1 · 123 m² | 8.5 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 16,878 companies in sector 62100 we hold annual accounts for 8,776. 5,128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2011
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.