WOODWAVE
ActiveWOODWAVE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136k and a net result of €43k. Equity is growing by ~57.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-8
Solvency84▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 0.9 in 2024; short-term debt: 30.8% and cash: 17.6% of total assets), and 40.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
59.3%
Return on assets
18.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
35 d early
2023
5 d early
2022
5 d early
2021
26 d early
2020
42 d early
2019
37 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€136k▲ 46.8%
2024 · €93k
2018: €-96k
2019: €-63k
2020: €-49k
2021: €-30k
2022: €34k
2023: €31k
2024: €93k
2018 → 2025
Total assets
€230k▲ 25.2%
2024 · €184k
2018: €169k
2019: €213k
2020: €146k
2021: €136k
2022: €481k
2023: €127k
2024: €184k
2018 → 2025
Net result
€43k▼ 29.3%
2024 · €61k
2018: €7k
2019: €33k
2020: €14k
2021: €19k
2022: €63k
2023: €-2k
2024: €61k
2018 → 2025
Working capital
€76k
2024 · €-7k
2018: €-241k
2019: €-212k
2020: €-184k
2021: €-149k
2022: €-77k
2023: €-39k
2024: €-7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-30k-€34k€31k▼ 6.7%€93k▲ 195%€136k▲ 46.8%
Operating result€27k-€69k▲ 156%€4k▼ 94.4%€87k▲ 2,166%€57k▼ 34.2%
Net result€19k-€63k▲ 226%€-2k€61k€43k▼ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €230k
Fixed assets
€83k▼ 33.7%
Current assets
€147k▲ 150%
Equity and liabilities €230k
Equity
€136k▲ 46.8%
Provisions
€23k▼ 9.7%
Debt
€71k▲ 7.9%
The debt ratio falls from 35.8% to 30.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€74k▼
2024 · €108k
Cash flow
€60k▼
2024 · €82k
Solvency
59.3%▲
2024 · 50.6%
Current ratio
2.08▲
2024 · 0.90
Quick ratio
2.08▲
2024 · 0.90
Debt / equity
0.52▼
2024 · 0.71
ROE
31.9%▼
2024 · 66.2%
ROA
18.9%▼
2024 · 33.5%
Interest coverage
399.03▼
2024 · 1127.37
Debt
€71k▲
2024 · €66k
Debt ≤ 1 year
€71k▲
2024 · €66k
Income taxes
€16k▲
2024 · €267
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€184k€230k▲
Fixed assets21/28€125k€83k▼
Tangible fixed assets22/27€125k€83k▼
Furniture and vehicles24€125k€83k▼
Financial fixed assets28€56€56=
Current assets29/58€59k€147k▲
Amounts receivable within one year40/41€31k€102k▲
Trade receivables40€18k€60k▲
Other amounts receivable41€13k€42k▲
Cash at bank and in hand54/58€25k€40k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€184k€230k▲
Equity10/15€93k€136k▲
Contributions10/11€19k€19k=
Reserves13€77k€118k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€75k€68k▼
Distributable reserves133€2k€50k▲
Profit (loss) carried forward14€-3k€0▲
Provisions and deferred taxes16€25k€23k▼
Deferred taxes168€25k€23k▼
Amounts payable17/49€66k€71k▲
Amounts payable within one year42/48€66k€71k▲
Trade debts44€39k€54k▲
Suppliers440/4€39k€54k▲
Taxes, remuneration and social security45€2k€17k▲
Taxes450/3€2k€17k▲
Other amounts payable47/48€25k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€17k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€44k
Gross operating margin9900€109k€120k▲
Operating profit (loss)9901€87k€57k▼
Financial income75/76B€40€0▼
Recurring financial income75€40€0▼
Financial charges65/66B€96€185▲
Recurring financial charges65€96€185▲
Profit (loss) for the period before taxes9903€87k€57k▼
Transfer from deferred taxes780€605€2k▲
Transfer to deferred taxes680€26k€0▼
Income taxes67/77€267€16k▲
Profit (loss) for the period9904€61k€43k▼
Transfer from tax-exempt reserves789€2k€7k▲
Transfer to tax-exempt reserves689€77k€0▼
Profit (loss) for the period to be appropriated9905€-14k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€48k▲
Profit (loss) brought forward from the previous period14P€11k€-3k▼
Transfer to equity691/2-€48k
To other reserves6921-€48k
The notes to these accounts (12 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
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 2.08
Current ratio from 0.90 to 2.08.
30-09
Financial
Equity above €100kEq €136k ▲46.8%
2 profitable years in a row build equity to €136k.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-2k ▼104%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €63k ▲226%
Net result €63k, the highest in the series.
04-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Oostende · 1 establishment unit since 1998
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.
Visserskaai 298400 OostendeGround area
222 m²
Building footprint
221 m²
Volume, LiDAR
4,203 m³
Parcel 35013A0620/00W007, Flanders · tallest building 21.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Visserskaai 29, 8400 Oostende
since 19982.084.977.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0620/00W007 | Flanders | 222 m² | 1 · 221 m² | 21.7 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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THYNNUS
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2Valorise Services
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AlterVal3d
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,860 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-1997
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.