Waveplus
ActiveSummary
The annual accounts of Waveplus for financial year 2025 show a net loss of 51% of total assets. The 2025 annual accounts show equity of €18,090 and a net result of -€31,910. Its solvency ranks better than 26% of 20,987 sector peers (NACE 62, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €18,090
- Loss
- -€31,910
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearNo establishment unit in the KBOLoss of €31,910 (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €63,061Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 28% on solvency, 6% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Appointments: Mohammed Loukili El Fahssi (director)…Gazette deed
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 177 companies that looked in July 2024 the way this one looks now, 3.4% went bankrupt within 24 months and 92% are still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 177 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,233 |
| Other operating charges640/8 | €1,687 |
| Gross operating margin9900 | -€21,632 |
| Operating profit (loss)9901 | -€31,552 |
| Financial income75/76B | €55 |
| Recurring financial income75 | €55 |
| Financial charges65/66B | €413 |
| Recurring financial charges65 | €413 |
| Profit (loss) for the period before taxes9903 | -€31,910 |
| Profit (loss) for the period9904 | -€31,910 |
| Profit (loss) for the period to be appropriated9905 | -€31,910 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €63,061 | |
| Fixed assets21/28 | €57,316 | |
| Intangible fixed assets21 | €57,316 | |
| Current assets29/58 | €5,744 | |
| Amounts receivable within one year40/41 | €2,659 | |
| Other amounts receivable41 | €2,659 | |
| Cash at bank and in hand54/58 | €1,551 | |
| Deferred charges and accrued income490/1 | €1,534 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €63,061 | |
| Equity10/15 | €18,090 | |
| Contributions10/11 | €50,000 | |
| Profit (loss) carried forward14 | -€31,910 | |
| Amounts payable17/49 | €44,971 | |
| Amounts payable within one year42/48 | €44,971 | |
| Trade debts44 | €6,893 | |
| Suppliers440/4 | €6,893 | |
| Other amounts payable47/48 | €38,078 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€31,910 |
| + Depreciation and write-downs630 | €8,233 |
| Operating cash flow (approximation) | -€23,677 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €435 awarded · €435 paidDirectors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Jan Vanderhasselt |
|
| Mohammed Loukili El Fahssi |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-07
Gazette deed
Appointments: Mohammed Loukili El Fahssi (director) and Jan Vanderhasselt (director)3 facts ▸
- General meeting, 14-07-2026
- Director appointment, Mohammed Loukili El Fahssi (director)
- Director appointment, Jan Vanderhasselt (director)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 9 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23044A0560/00A002 | Flanders | 228 m² | - | - |