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BE 0691.739.959Coöperatieve vennootschap met beperkte aansprakelijkheidOpen bankruptcy
Wave to Synth
Atomveldstraat(De) 8 ·9450 Haaltert, Belgium· 8 yrs active
Sector: NACE 90391
(90391)
Conclusion
A bankruptcy procedure is open for Wave to Synth according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2023 annual accounts show negative equity (€-950k) and a net result of €988k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €-950k |
| Net result | €988k |
| Staff (FTE) | 2.7 |
| Better than sector | 6% |
Snowflake analysis
18
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
0
Solvency
33
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
60 / 100
High riskComponents
· 1 judicial reorganisation (+10)
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 10-02-2025 with the NBB · fiscal year 2023 · verkort
Sector comparison
Fiscal year 2023 · NACE 90 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -87.0% | 35.7% | |
| Net result | €988k | €10k | |
| Equity | €-950k | €15k | |
| Gross operating margin | €1.26M | €23k | |
| Total assets | €1.09M | €55k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€1.11M
—
20–23
€988k
—
20–23
€1.08M
—
20–23
€1.09M
-7.7%
20–23
€-950k
+62.5%
20–23
€-862k
+29.8%
20–23
3
+22.7%
20–23
€145k
+173.5%
20–23
€2k
—
20–23
€2.04M
-45.1%
20–23
€1.18M
-23.4%
20–23
€479k
-71.0%
20–23
0.27
+32.8%
20–23
0.27
+32.8%
20–23
-87.0%
+59.4%
20–23
-2.15
-46.6%
20–23
-104.0%
—
20–23
90.5%
—
20–23
46.54
—
20–23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €1.11M |
| Net profit | €988k |
| Cash flow | €1.08M |
| Staff costs | €145k |
| Income taxes | €2k |
| Dividends | — |
| Total assets | €1.09M |
| Equity | €-950k |
| Debt | €2.04M |
| of which ≤ 1y | €1.18M |
| of which > 1y | €479k |
| Working capital | €-862k |
| Employees (FTE) | 2.7 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.27 |
| Quick ratio | 0.27 |
| Working capital ratio | -78.9% |
| Solvency | -87.0% |
| Debt / equity | -2.15 |
| Long-term debt ratio | -0.50 |
| Interest coverage | 46.54 |
| Gross margin | — |
| Net margin | — |
| ROA | 90.5% |
| ROE | -104.0% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €1.09M |
| Fixed assets | 21/28 | €737k |
| Formation expenses | 20 | €37k |
| Intangible fixed assets | 21 | €733k |
| Tangible fixed assets | 22/27 | €5k |
| Current assets | 29/58 | €318k |
| Amounts receivable within one year | 40/41 | €315k |
| Cash & bank | 54/58 | €1k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.09M |
| Equity | 10/15 | €-950k |
| Contributions / capital | 10/11 | €1.82M |
| Accumulated profits (losses) | 14 | €-2.77M |
| Amounts payable | 17/49 | €2.04M |
| Amounts payable after one year | 17 | €479k |
| Amounts payable within one year | 42/48 | €1.18M |
| Trade debts payable within one year | 44 | €1.04M |
| Income statement | ||
| Gross operating margin | 9900 | €1.26M |
| Operating result | 9901 | €1.01M |
| Financial income | 75 | €2k |
| Financial charges | 65 | €24k |
| Result before taxes | 9903 | €990k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €988k |
| Result to be appropriated | 9905 | €988k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PETRA SEYMOENS EDINGSESTEENWEG 268,
9400 NINOVE |
13-08-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | 90391 |
| Legal form | Coöperatieve vennootschap met beperkte aansprakelijkheid(008) |
| Incorporation | 05-03-2018 |
| Status | Active |
| Postal code | 9450 |
| First BS signal | 31-10-2022 |
| Latest BS signal | 21-08-2024 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
Wave to Synth
since 20182.292.700.116
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41010B0736/00E000 | Flanders | 2.9 ha | 1 · 5,337 m² | 15.4 m · 4 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
10-02-2025
NBB filing
Annual accounts filed
2024
21-08-2024
Bankruptcy
Opening
2023
24-08-2023
NBB filing
Annual accounts filed
2022
31-10-2022
Judicial reorganisation
Opening
04-07-2022
NBB filing
Annual accounts filed
2021
29-04-2021
NBB filing
Annual accounts filed
2020
29-05-2020
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
21-08-2024
Bankruptcy
Opening
31-10-2022
Judicial reorganisation
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Promotie en organisatie van uitvoerende kunstevenementen90021Promotie en organisatie van scheppende en uitvoerende kunstevenementen90391
Primary activity highlighted.
Names & trade names
| Legal nameNL | Wave to Synth |
Registered office
Atomveldstraat(De) 8 bus 6
9450 Haaltert, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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