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WAVRE

Active
Private limited companyfounded 2013active for 12 yearsSteenweg op Waver 844, 1040 Etterbeek, BelgiumKBO/BCE: BE 0542.481.507

From the official registers: KBO 12 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of WAVRE is 1.8% (moderate). The 2025 annual accounts show equity of €9,963 and a net result of €5,807. Equity has been shrinking by about 10% per year since 2018. Its solvency ranks better than 33% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 26-11-2013 Normal situation
Activity
Retail sale of bread and pastry (bakery outlets) NACE 47241and 1 other
Establishment unit
2.224.980.159 1040 Etterbeek, since 01-12-2013
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2025
Gross margin
€217,286
▲ 19.1%
Turnover
≈ €1.0m
estimated
Profit
€5,807
Equity
€9,963
▲ 27.5%
Total assets
€69,275
▼ 20.5%
Staff
≈ 5.5 FTE
estimated
Filed on 16-10-2026, 77 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 77 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.15, cash €2,496, halvedEquity €9,963 (14.4% of total assets)lowers riskFounded in 2013Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 41% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 39+5
equity 14.4% of total assets
Liquidity 7-43
short-term debt 85.6% · cash 3.6%
Profitability 67+67
return on assets 8.4%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.7%▼ -0.1 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025lowest value 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.0%▼ -0.1 percentage points vs 08-2025 10-2025: 1.5%▲ +0.5 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.4%▼ -0.1 percentage points vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.4 percentage points vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026highest value 10-2026: 1.8%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.08 in 2024), below the usual 1.5. Short-term debt is 85.6% and cash 3.6% of total assets. 85.6% 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 47, micro). It does better than 31% of them on solvency, 9% on liquidity, 47% on profitability and 78% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 77 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.15, cash €2,496, halved
NBB · annual accounts
raises risk · Equity €9,963 (14.4% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
77 days late
2024
61 days late
2023
60 days late
2022
28 days late
2021
35 days late
2020
130 days late
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 55 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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. The company usually files around 30 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Higher gross margin than 92% of companies in retail tradesector median €34,185 · 22,661 companies €217,286 View

Comparable companies

These companies have the same main activity as WAVRE: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €60,600 and €93,000, founded between 2013 and 2017.

CompanyTotal assetsGross margin
WAVRE Etterbeek€69,275€217,286
PHILFA Namur€60,635€254,875
SELIMIYE Sint-Joost-ten-Node€61,099€156,763
PETIT THEATRE DU PAIN Sprimont€87,162€183,610
DARCIS BRUXELLES Verviers€93,031€196,620
ALMADINA DÉLICE Anderlecht€70,375€124,969
LINA TRADING Schaarbeek€82,879€128,478
Full comparison

Documents

Annual accounts at the NBB

All 12 annual accounts

Articles and registers

Key facts about WAVRE

What is the company number of WAVRE?
The company number of WAVRE is 0542.481.507. The VAT number is the same number with BE in front: BE 0542.481.507.
Where is WAVRE based?
The registered office is at Steenweg op Waver 844, 1040 Etterbeek.Company details
What does WAVRE do?
According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of WAVRE?
The legal form of WAVRE is Private limited company (BV).
When was WAVRE founded?
WAVRE was founded on 26-11-2013.
Is WAVRE still active?
Yes, WAVRE is an active enterprise in the KBO register.
How many employees does WAVRE have?
WAVRE had an average of 4.1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of WAVRE?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €217,286 and 43 comparable companies (NACE 472). It probably lies between €700,000 and €1.8m.
Is WAVRE profitable?
In financial year 2025, WAVRE made a profit of €5,807.
Where can I find the annual accounts of WAVRE?
WAVRE filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of WAVRE due?
WAVRE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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