WAVEMINT
ActiveSummary
WAVEMINT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230,627 and a net result of -€53,747. Its solvency ranks better than 92% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-06-2023 Normal situation
- Registered office
- 32 active companies are registered at this address 7 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Other information technology and computer services NACE 62900and 3 others
- Establishment unit
- 2.346.093.171 3500 Hasselt, since 13-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 17-10-2024
Board and ownership
Board
- VERELST Amaury Alphonse Elisabeth Sonia Jean-PaulDirector
- FSD ASSET MANAGEMENT LLCDirector
- Holdings
- Shares in 1 company Cryptoventis Labs
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
Annual accounts 2025
- Gross margin
- -€11,786
- ▲ 90.4%
- Loss
- €53,747
- ▼ 67.5%
- Equity
- €230,627
- ▼ 18.9%
- Total assets
- €247,677
- ▼ 19.2%
Turnover not published (micro format)
Score breakdownraises riskLiquidity: current ratio 1.44, cash €2, halvedlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €247,677Equity €230,627 (93.1% of total assets)Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 36% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Average
Solvency
100=
equity 93.1% of total assets
Liquidity
50-16
short-term debt 6.6% · cash 0.0%
Profitability
0=
return on assets -21.7%
Bankruptcy probability within 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.5%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025highest value
08-2025: 0.2%▼ -0.4 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.4 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.44 (1.83 in 2024), below the usual 1.5. Short-term debt is 6.6% and cash 0% of total assets. 6.9% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 30% on liquidity, 5% on profitability and 25% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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
2425
2024 to 2025 · latest year -€53,747
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 03-07-2026, 28 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
28 days early
2024
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 26 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 2 filings
Equity
€230,627▼ 18.9%
2024 · €284,375
Total assets
€247,677▼ 19.2%
2024 · €306,680
Net result
-€53,747▲ 67.5%
2024 · -€165,625
Working capital
€7,171▼ 61.3%
2024 · €18,537
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
-€53,653
▲ 67.4%
2025
20242025
Net result
-€53,747
▲ 67.5%
2025
lowest quarter of the sector
20242025
Equity
€230,627
▼ 18.9%
2025
highest quarter of the sector
20242025
Total assets
€247,677
▼ 19.2%
2025
middle half of the sector
20242025
Debt
€17,050
▼ 23.6%
2025
20242025
Working capital
€7,171
▼ 61.3%
2025
lowest quarter of the sector
20242025
Solvency
93.1%
▲ 0.4pp
2025
highest quarter of the sector
20242025
Current ratio
1.44
▼ 0.39
2025
middle half of the sector
20242025
Return on assets (ROA)
-21.7%
▲ 32.3pp
2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€164,489--€53,653▲ 67.4%
Net result-€165,625below the sector's middle half--€53,747below the sector's middle half▲ 67.5%
Equity€284,375above the sector's middle half-€230,627above the sector's middle half▼ 18.9%
Total assets€306,680above the sector's middle half-€247,677within the sector's middle half▼ 19.2%
Debt€22,305-€17,050▼ 23.6%
Working capital€18,537within the sector's middle half-€7,171below the sector's middle half▼ 61.3%
Solvency92.7%above the sector's middle half-93.1%above the sector's middle half▲ 0.4pp
Current ratio1.83within the sector's middle half-1.44within the sector's middle half▼ 0.39
Return on assets (ROA)-54.0%below the sector's middle half--21.7%below the sector's middle half▲ 32.3pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €53,653, smaller than the loss of €164,489 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247,677
Fixed assets
€224,166 ▼ 15.7%
Current assets
€23,511 ▼ 42.3%
Equity and liabilities €247,677
Equity
€230,627 ▼ 18.9%
Debt
€17,050 ▼ 23.6%
Debt's share of the balance-sheet total falls from 7.3% to 6.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€11,915▲
2024 · -€123,637
Cash flow
-€12,010▲
2024 · -€124,774
Debt to equity
0.07▼
2024 · 0.08
ROE
-23.3%▲
2024 · -58.2%
Interest coverage
-30.40▲
2024 · -108.74
Debt ≤ 1 year
€16,341▼
2024 · €22,240
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €4,338 | - |
| Intangible fixed assets | €202,417 | - |
| Financial fixed assets | €100,000 | - |
| Depreciation and write-downs of the year | €40,852 | €41,738 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,852 | €41,738 | ▲ 2.2% |
| Other operating charges640/8 | €638 | €129 | ▼ 79.8% |
| Gross operating margin9900 | -€122,999 | -€11,786 | ▲ 90.4% |
| Operating profit (loss)9901 | -€164,489 | -€53,653 | ▲ 67.4% |
| Financial income75/76B | €1 | €298 | ▲ 595× |
| Recurring financial income75 | €1 | €298 | ▲ 595× |
| Financial charges65/66B | €1,137 | €392 | ▼ 65.5% |
| Recurring financial charges65 | €1,137 | €392 | ▼ 65.5% |
| Profit (loss) for the period before taxes9903 | -€165,625 | -€53,747 | ▲ 67.5% |
| Profit (loss) for the period9904 | -€165,625 | -€53,747 | ▲ 67.5% |
| Profit (loss) for the period to be appropriated9905 | -€165,625 | -€53,747 | ▲ 67.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €306,680 | €247,677 | ▼ 19.2% |
| Fixed assets21/28 | €265,903 | €224,166 | ▼ 15.7% |
| Intangible fixed assets21 | €161,934 | €121,450 | ▼ 25.0% |
| Tangible fixed assets22/27 | €3,970 | €2,716 | ▼ 31.6% |
| Plant, machinery and equipment23 | €2,819 | €1,853 | ▼ 34.3% |
| Furniture and vehicles24 | €1,150 | €863 | ▼ 25.0% |
| Financial fixed assets28 | €100,000 | €100,000 | = |
| Current assets29/58 | €40,777 | €23,511 | ▼ 42.3% |
| Amounts receivable within one year40/41 | €1,070 | €23,509 | ▲ 22× |
| Other amounts receivable41 | €1,070 | €23,509 | ▲ 22× |
| Cash at bank and in hand54/58 | €39,707 | €2 | ▼ 100.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €306,680 | €247,677 | ▼ 19.2% |
| Equity10/15 | €284,375 | €230,627 | ▼ 18.9% |
| Contributions10/11 | €450,000 | €450,000 | = |
| Profit (loss) carried forward14 | -€165,625 | -€219,373 | ▼ 32.5% |
| Amounts payable17/49 | €22,305 | €17,050 | ▼ 23.6% |
| Amounts payable within one year42/48 | €22,240 | €16,341 | ▼ 26.5% |
| Financial debts43 | - | €30 | - |
| Credit institutions430/8 | - | €30 | - |
| Trade debts44 | €7,240 | €1,310 | ▼ 81.9% |
| Suppliers440/4 | €7,240 | €1,310 | ▼ 81.9% |
| Other amounts payable47/48 | €15,000 | €15,000 | = |
| Accrued charges and deferred income492/3 | €66 | €709 | ▲ 979% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€165,625 | -€53,747 | ▲ 67.5% |
| + Depreciation and write-downs630 | €40,852 | €41,738 | ▲ 2.2% |
| Operating cash flow (approximation) | -€124,774 | -€12,010 | ▲ 90.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€39,705 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,223 companies had the same profile as WAVEMINT has now. Two years later, 87.7% were still going and 3.4% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
87.7%
was still going
8.7%
stopped otherwise
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WAVEMINT itself is lower: 0.6% within 12 months. It rests on far more data about WAVEMINT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for WAVEMINT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
2 directors, no change since 2024
VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul
Current
Gewone bestuurder · appointed in the act of 11-10-2024
FSD ASSET MANAGEMENT LLC
Current
Gewone bestuurder · appointed in the act of 11-10-2024 · Legal entity
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 15-06-2023Owners and capital
Shareholders
At incorporation
act of 15-06-2023 ↗
- BROOTHAERTS Bart Jan Mieke 53,500 shares (53.5%)
- VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul 21,750 shares (21.8%)
- VAN DEN BRAND Rogier Martien 21,750 shares (21.8%)
- HANNES Yannick Petrus Marcus Cornelius 3,000 shares (3%)
Capital transactions
Capital over time
- 11-10-2024 Capital increase of €200,000 · 7,526 new shares at €26.57 per share · in cash
- 15-06-2023 Incorporation · €250,000 · 100,000 shares
Mandate history
5 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul |
|
| FSD ASSET MANAGEMENT LLC |
|
| BBroothaerts |
|
| THE MANAGEMENT |
|
| VAN DEN BRAND Rogier Martien |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Cryptoventis LabssubsidiarySourceown accounts 202557%
Companies at the same address
31 other companies- A.VERELST BOX 9 GROND Registered office · since 2026 1044565680
- A.VERELST BOX 11 GROND Registered office · since 2026 1037703030
- A. VERELST BOX 8 BOUW Registered office · since 2026 1036179239
- A. VERELST BOX 8 GROND Registered office · since 2026 1036178942
- A.VERELST BOX 7 BOUW Registered office · since 2026 1034476591
- A.VERELST BOX 7 GROND Registered office · since 2026 1034476195
- Trapspotter Registered office · since 2025 1031603017
- A. VERELST BOX 9 BOUW Registered office · since 2025 1027114786
- A. VERELST COÖRDINATIE Registered office · since 2024 1017527525
- Cryptoventis Labs Registered office · since 2024 1015452715
Connections & network
24 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ATMOSFEER HOLDING
via VERELST Amaury · Permanent representative
→
THE MANAGEMENT
via VERELST Amaury · Permanent representative
→
The Management
via VERELST Amaury · Permanent representative
→
ADB BOUW
via VERELST Amaury · Director
former→
Show 20 more companies with a shared director
ADB GROND
via VERELST Amaury · Director
former→
KIEWIT CITY BOUW
via VERELST Amaury · Director
former→
KIEWIT CITY GRONDEN
via VERELST Amaury · Director
former→
former→
A. VERELST BOX 4 BOUW
Shared corporate director
→
A. VERELST BOX 5 GROND
Shared corporate director
→
A. VERELST BOX 6 BOUW
Shared corporate director
→
A. VERELST BOX 8 BOUW
Shared corporate director
→
A. VERELST BOX 8 GROND
Shared corporate director
→
A. VERELST COÖRDINATIE
Shared corporate director
→
A.VERELST BOX 1 BOUW
Shared corporate director
→
A.VERELST BOX 11 GROND
Shared corporate director
→
A.VERELST BOX 2 BOUW
Shared corporate director
→
A.VERELST BOX 2 GROND
Shared corporate director
→
A.VERELST BOX 3 BOUW
Shared corporate director
→
A.VERELST BOX 7 BOUW
Shared corporate director
→
A.VERELST BOX 7 GROND
Shared corporate director
→
A.VERELST BOX 9 GROND
Shared corporate director
→
MINNEBO TERRAE
Shared corporate director
→
TROOM
Shared corporate director
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
03-07
micro format · 28 days before the deadline
2025
07-07
micro format · 24 days before the deadline
2024
11-10
Gazette deed
Capital increase of €200,000Changes of role: BBROOTHAERTS (gewone bestuurder) and VAN DEN BRAND Rogier (gewone bestuurder) · Resignation: THE MANAGEMENT (statutory director) · Permanent representatives: BROOTHAERTS Bart Jan Mieke, VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul and FARIA SHABNAM Diana17 points ▸
Gazette deed
Capital increase of €200,000
Changes of role: BBROOTHAERTS (gewone bestuurder) and VAN DEN BRAND Rogier (gewone bestuurder) · Resignation: THE MANAGEMENT (statutory director) · Permanent representatives: BROOTHAERTS Bart Jan Mieke, VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul and FARIA SHABNAM Diana17 points ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Approval, “uitgifte nieuwe aandelen niet evenredig per soort”, 1 (deed in Dutch)
- Capital increase, €200,000
- Amendment of the articles, 5
- Amendment of the articles
- Director resignation, BBROOTHAERTS (statutory director)
- Director resignation, THE MANAGEMENT (statutory director)
- Director resignation, VAN DEN BRAND Rogier (statutory director)
- Permanent representative, BROOTHAERTS Bart Jan Mieke
- Permanent representative, VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul
- Other provision, “statuten worden aangepast zoals verder in uittreksel uiteengezet, statutenaanpassing-volgt” (deed in Dutch)
- Amendment of the articles, 11
- The act holds 5 more points.
2023
15-06
Gazette deed
IncorporationStarting capital €250,000 · Appointments: BBROOTHAERTS, THE MANAGEMENT and VAN DEN BRAND Rogier Martien · Permanent representatives: BROOTHAERTS Bart Jan Mieke and VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul · Founder12 points ▸
Gazette deed
Incorporation
Starting capital €250,000 · Appointments: BBROOTHAERTS, THE MANAGEMENT and VAN DEN BRAND Rogier Martien · Permanent representatives: BROOTHAERTS Bart Jan Mieke and VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul · Founder12 points ▸
- Incorporation, 02-06-2023
- Founder, BROOTHAERTS Bart Jan Mieke
- Founder, VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul
- Founder, VAN DEN BRAND Rogier Martien
- Founder, HANNES Yannick Petrus Marcus Cornelius
- Registered office clause, “3500 Hasselt,Trekschurenstraat 245” (deed in Dutch)
- Founding capital, €250,000
- Director appointment, BBROOTHAERTS (statutory director)
- Director appointment, THE MANAGEMENT (statutory director)
- Director appointment, VAN DEN BRAND Rogier Martien (statutory director)
- Permanent representative, BROOTHAERTS Bart Jan Mieke
- Permanent representative, VERELST Amaury Alphonse Elisabeth Sonia Jean-Paul
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
WAVEMINT in Dutch
Enterprise number
0802.677.671
Legal form
Private limited company
Status
Active, normale toestand
Founded
13-06-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-06-2023 (in Dutch)Registered office and establishments
Registered office
Trekschurenstraat 245, 3500 Hasselt, Belgium
Establishment unit
WAVEMINT, Trekschurenstraat 245, 3500 Hasselt since 13-06-2023 · unit number 2.346.093.171
Activities
NACEBEL 202562900
Other information technology and computer services main activity
63100
Computing infrastructure, data processing, hosting and related activities
63910
Web portal activities
82990
Other business support services
Codes under NACEBEL 2008
62090
Computer programming, consultancy and related activities main activity
63110
Computing infrastructure, data processing, hosting and other information service activities
63120
Computing infrastructure, data processing, hosting and other information service activities
82990
Other business support services
Invoicing and payment
VAT number
BE 0802.677.671
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 18:00
deed of 15-06-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
4,216 m²
Building footprint
763 m²
Building volume
5,285 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71324E0678/00F000 | Flanders | 4,216 m² | 1 · 763 m² | 16.9 m · 2 |