WAX Architecture
ActiveWAX Architecture has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €129k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 13% of 2002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-7
Solvency32▼-7
Growth85=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.26 in 2024; short-term debt: 82.6% and cash: 10.2% of total assets), and 92.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.2%
Return on assets
16.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2002 sector peers (2025).
NBB · sector comparisonPosition among 2002 sector peers
Solvency
better than 13%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
115 d early
2023
29 d late
2022
13 d early
2021
4 d early
2020
31 d early
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€339k▲ 37.6%
2018 · €246k
2018: €246k
2018 → 2019
EBIT margin
12.7%▲ 8.6pp
2018 · 4.1%
2018: 4.1%
2018 → 2019
Net result
€129k▲ 22.0%
2024 · €106k
2018: €6k
2019: €32k
2020: €14k
2021: €40k
2022: €23k
2023: €14k
2024: €106k
2018 → 2025
Working capital
€-28k
2024 · €100k
2018: €4k
2019: €15k
2020: €21k
2021: €62k
2022: €49k
2023: €33k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€43k=€33k▼ 23.5%€67k▲ 106%€56k▼ 16.6%
Operating result€45k-€52k▲ 15.7%€33k▼ 35.6%€159k▲ 376%€196k▲ 23.5%
Net result€40k-€23k▼ 42.7%€14k▼ 41.4%€106k▲ 683%€129k▲ 22.0%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €782k
Fixed assets
€164k▲ 1,234%
Current assets
€617k▲ 29.5%
Equity and liabilities €782k
Equity
€56k▼ 16.6%
Debt
€726k▲ 72.1%
The debt ratio rises from 86.2% to 92.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€209k▲
2024 · €165k
Cash flow
€142k▲
2024 · €112k
Solvency
7.2%▼
2024 · 13.8%
Current ratio
0.96▼
2024 · 1.26
Quick ratio
0.96▼
2024 · 1.26
Debt / equity
12.91▲
2024 · 6.26
ROE
230.2%▲
2024 · 157.3%
ROA
16.5%▼
2024 · 21.7%
Interest coverage
10.33▲
2024 · 9.97
Debt
€726k▲
2024 · €422k
Debt ≤ 1 year
€645k▲
2024 · €377k
Debt > 1 year
€80k▲
2024 · €2k
Income taxes
€47k▲
2024 · €36k
Staff costs
€166k▲
2024 · €145k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€489k€782k▲
Fixed assets21/28€12k€164k▲
Tangible fixed assets22/27€12k€59k▲
Plant, machinery and equipment23€20€13k▲
Furniture and vehicles24€12k€47k▲
Financial fixed assets28€231€105k▲
Current assets29/58€477k€617k▲
Amounts receivable within one year40/41€178k€519k▲
Trade receivables40€87k€414k▲
Other amounts receivable41€91k€105k▲
Cash at bank and in hand54/58€255k€80k▼
Deferred charges and accrued income490/1€44k€18k▼
Equity and liabilities
Total equity and liabilities10/49€489k€782k▲
Equity10/15€67k€56k▼
Contributions10/11€8k€6k▼
Reserves13€25k€50k▲
Distributable reserves133€25k€50k▲
Profit (loss) carried forward14€35k€0▼
Amounts payable17/49€422k€726k▲
Amounts payable after more than one year17€2k€80k▲
Financial debts170/4€2k€80k▲
Amounts payable within one year42/48€377k€645k▲
Current portion of amounts payable after more than one year42€54k€18k▼
Financial debts43€5k€34k▲
Credit institutions430/8€5k€34k▲
Trade debts44€205k€351k▲
Suppliers440/4€205k€351k▲
Advances received on contracts in progress46€1k€0▼
Taxes, remuneration and social security45€50k€65k▲
Taxes450/3€32k€40k▲
Remuneration and social security454/9€18k€24k▲
Other amounts payable47/48€61k€177k▲
Accrued charges and deferred income492/3€43k€307▼
Income statement
Code20242025
Non-recurring operating income76A€8k-
Remuneration, social security and pensions62€145k€166k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€13k▲
Other operating charges640/8€9k€7k▼
Gross operating margin9900€319k€381k▲
Operating profit (loss)9901€159k€196k▲
Financial income75/76B€3€2▼
Recurring financial income75€3€2▼
Non-recurring financial income76B-€0
Financial charges65/66B€17k€20k▲
Recurring financial charges65€17k€20k▲
Profit (loss) for the period before taxes9903€142k€176k▲
Income taxes67/77€36k€47k▲
Profit (loss) for the period9904€106k€129k▲
Profit (loss) for the period to be appropriated9905€106k€129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€106k€164k▲
Profit (loss) brought forward from the previous period14P-€35k
Transfer from equity791/2-€25k
Transfer to equity691/2-€48k
To other reserves6921-€48k
Profit to be distributed694/7€71k€141k▲
Return on contributions (dividend)694€71k€136k▲
Directors or managers695-€5k
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €129k ▲22%
Operating result €196k, net result €129k, both a record.
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jurbise · 2 establishment units since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Gare(J) 97050 JurbiseGround area
1,300 m²
Building footprint
264 m²
Volume, LiDAR
1,244 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue Claus(J) 25, 7050 Jurbise
since 20142.237.697.849
Rue de la Gare(J) 9, 7050 Jurbise
since 20162.252.552.905
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53050E0128/00B000 | Wallonia | 950 m² | 1 · 126 m² | - |
| 53044B0489/00E002 | Wallonia | 350 m² | 1 · 138 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Bureau HAA
BE 1016.262.466
Retie · Eq €56k
KATRIEN DE DECKER ARCHITECT
BE 0506.630.406
Merchtem · Eq €56k
PLAN A ARCHITECTENBUREAU
BE 0880.360.815
Grimbergen · Eq €56k
ARPRO architecten
BE 0449.036.358
Jabbeke · Eq €56k
Architecte Philippe FOULON
BE 0811.676.006
Chaudfontaine · Eq €56k
Of 18,255 companies in sector 71111 we hold annual accounts for 6,320. 5,387 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2014
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
71113Urban planning and landscape architecture
74112Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.