WAVE TECH ENGINEERING
The computed 12-month bankruptcy probability of WAVE TECH ENGINEERING is 3.1% (moderate). The 2024 annual accounts show equity of €39k and a net result of €-18k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 11046 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €39k |
| Net result | €-18k |
| Staff (FTE) | 1 |
| Better than sector | 27% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 21.4% | 40.9% | |
| Net result | €-18k | €11k | |
| Equity | €39k | €34k | |
| Gross operating margin | €80k | €35k | |
| Staff costs | €60k | €25k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €4k |
| Net profit | €-18k |
| Cash flow | €11k |
| Staff costs | €60k |
| Income taxes | €326 |
| Dividends | - |
| Total assets | €181k |
| Equity | €39k |
| Debt | €143k |
| of which ≤ 1y | €87k |
| of which > 1y | €55k |
| Working capital | €6k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 1.07 |
| Quick ratio | 1.07 |
| Working capital ratio | 3.4% |
| Solvency | 21.4% |
| Debt / equity | 3.68 |
| Long-term debt ratio | 1.42 |
| Interest coverage | 0.30 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.9% |
| ROE | -46.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €181k |
| Fixed assets | 21/28 | €88k |
| Intangible fixed assets | 21 | €10k |
| Tangible fixed assets | 22/27 | €78k |
| Current assets | 29/58 | €94k |
| Amounts receivable within one year | 40/41 | €61k |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €181k |
| Equity | 10/15 | €39k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €37k |
| Amounts payable | 17/49 | €143k |
| Amounts payable after one year | 17 | €55k |
| Amounts payable within one year | 42/48 | €87k |
| Trade debts payable within one year | 44 | €42k |
| Income statement | ||
| Gross operating margin | 9900 | €80k |
| Operating result | 9901 | €-25k |
| Financial income | 75 | €21k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-18k |
| Income taxes | 67/77 | €326 |
| Net result for the period | 9904 | €-18k |
| Result to be appropriated | 9905 | €-18k |
| NACE primary | Specialised construction(43240) |
| Legal form | Private limited company(610) |
| Incorporation | 26-04-2021 |
| Status | Active |
| Postal code | 2030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G2126/00N000 | Flanders | 1,239 m² | 1 · 1,140 m² | 20.5 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-10-2024 Registered office moved to Antwerpen
- Noorderlaan 98 bus 26 te 2030 Antwerpen
Technical details
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"region": "vlaams_gewest",
"street": "Noorderlaan",
"country": "BE",
"postcode": "2030",
"box_number": "26",
"street_number": "98",
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"old_address": null,
"effective_date": "2024-09-01",
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"notary": {
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"act_meta": {
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"pub_date": "2024-10-31",
"filing_date": "2024-10-21",
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},
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"date": "2024-08-27",
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"subject_company": {
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"person_name": "FOLLENS Ben",
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"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}30-09-2024 Wesley Moerland resigns as director
- Wesley Moerland, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
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"name": "Wesley Moerland",
"address": null,
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},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-06-28",
"evidence_quote": "Er wordt unaniem beslist om Wesley Moerland te ontslagen als bestuurder met ingang vanaf 28 juni 2024.",
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{
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"evidence_quote": "Er wordt eveneens kwijting gegever voor het gevoerde beleid.",
"decharge_status": "granted",
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},
{
"kind": "sole_shareholder_declaration",
"role": "enige_bestuurder",
"person": {
"rrn": null,
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"reason": null,
"subkind": null,
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"statutory": null,
"compensated": null,
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"evidence_quote": "Deze laat weten dat hij de benoeming aanvaardt.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
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],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-09-30",
"filing_date": "2024-09-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-06-28",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0767.498.840",
"name_full": "WAVE TECH ENGINEERING",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
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"org_kbo": null,
"org_name": null,
"person_name": "FOLLENS Ben",
"org_rep_person_name": null,
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}21-02-2024 Registered office moved from Antwerpen to Stabroek
- Noorderlaan 79 bus 13 → 2940 Stabroek, Conservenweg 13F
Technical details
{
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"raw": "2940 Stabroek, Conservenweg 13F",
"city": "Stabroek",
"region": "vlaams_gewest",
"street": "Conservenweg",
"country": "BE",
"postcode": "2940",
"box_number": "F",
"street_number": "13",
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"raw": "Noorderlaan 79 bus 13",
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"effective_date": "2024-02-14",
"evidence_quote": "",
"region_changed": false,
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"nationality_change": false,
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"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
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],
"notary": {
"name": "Philip VAN den ABBEELE",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-21",
"filing_date": "2024-02-19",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-02-14",
"unanimous": true
},
"subject_company": {
"kbo": "0767.498.840",
"name_full": "BF MECHANICS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Benefisc BV",
"person_name": null,
"org_rep_person_name": "VAN CASTER Danny en/of VAN PRAET Tom",
"person_role_at_subject": null
},
"co_filed_documents": [
"1 afschrift \u002B co\u00F6rdinatie"
]
}23-08-2023 Registered office moved within Antwerpen
- Noorderlaan 98 bus 26, 2030 Antwerpen → Noorderlaan 79 bus 13 te 2030 Antwerpen
Technical details
{
"events": [
{
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"seat_type": "siege_social",
"new_address": {
"raw": "Noorderlaan 79 bus 13 te 2030 Antwerpen",
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"region": "vlaams_gewest",
"street": "Noorderlaan",
"country": "BE",
"postcode": "2030",
"box_number": "13",
"street_number": "79",
"locality_suffix": null
},
"old_address": {
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"street": "Noorderlaan",
"country": "BE",
"postcode": "2030",
"box_number": "26",
"street_number": "98",
"locality_suffix": null
},
"effective_date": "2023-01-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
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"old_address_source": "header_volledig_adres",
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],
"notary": {
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},
"act_meta": {
"language": "mixed",
"pub_date": "2023-08-23",
"filing_date": "2023-08-10",
"act_kind_objet": "Benoeming bestuurder"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2022-05-03",
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},
"subject_company": {
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"_kbo_filled_from_list": true
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"publication_proxy": {
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"person_name": "Ben FOLLENS",
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},
"co_filed_documents": [
"Mod DOC 19.01"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | WAVE TECH ENGINEERING |