Wovafin
ActiveWovafin has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157k and a net result of €87k. Its solvency ranks better than 74% of 7690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+5
Growth78
Stability82
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity ample (current ratio 4.71 against 2.3 in 2024), and 24.8% 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+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
75.2%
Return on assets
41.8%
Age of the figures
8 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
74 d early
2024
34 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€157k▲ 126%
2024 · €70k
2024: €70k
2024 → 2025
Total assets
€209k▲ 49.3%
2024 · €140k
2024: €140k
2024 → 2025
Net result
€87k▲ 28.3%
2024 · €68k
2024: €68k
2024 → 2025
Working capital
€131k▲ 145%
2024 · €54k
2024: €54k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€70k-€157k▲ 126%
Operating result€87k-€111k▲ 27.9%
Net result€68k-€87k▲ 28.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets
€42k▼ 6.8%
Current assets
€167k▲ 75.9%
Equity and liabilities €209k
Equity
€157k▲ 126%
Debt
€52k▼ 26.3%
The debt ratio falls from 50.2% to 24.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€122k▲
2024 · €96k
Cash flow
€99k▲
2024 · €78k
Solvency
75.2%▲
2024 · 49.8%
Current ratio
4.71▲
2024 · 2.30
Quick ratio
4.71▲
2024 · 2.30
Debt / equity
0.33▼
2024 · 1.01
ROE
55.7%▼
2024 · 97.8%
ROA
41.8%▼
2024 · 48.7%
Interest coverage
81.94▲
2024 · 70.80
Debt
€52k▼
2024 · €70k
Debt ≤ 1 year
€35k▼
2024 · €41k
Debt > 1 year
€16k▼
2024 · €29k
Income taxes
€24k▲
2024 · €17k
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€140k€209k▲
Fixed assets21/28€45k€42k▼
Tangible fixed assets22/27€45k€42k▼
Furniture and vehicles24€45k€42k▼
Current assets29/58€95k€167k▲
Amounts receivable within one year40/41€63k€119k▲
Trade receivables40€63k€68k▲
Other amounts receivable41-€50k
Cash at bank and in hand54/58€31k€46k▲
Deferred charges and accrued income490/1€571€2k▲
Equity and liabilities
Total equity and liabilities10/49€140k€209k▲
Equity10/15€70k€157k▲
Contributions10/11€2k€2k=
Reserves13€68k€156k▲
Distributable reserves133€68k€156k▲
Amounts payable17/49€70k€52k▼
Amounts payable after more than one year17€29k€16k▼
Financial debts170/4€29k€16k▼
Amounts payable within one year42/48€41k€35k▼
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€260€866▲
Suppliers440/4€260€866▲
Taxes, remuneration and social security45€21k€22k▲
Taxes450/3€18k€19k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€8k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8-€63
Gross operating margin9900€96k€122k▲
Operating profit (loss)9901€87k€111k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€85k€111k▲
Income taxes67/77€17k€24k▲
Profit (loss) for the period9904€68k€87k▲
Profit (loss) for the period to be appropriated9905€68k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€87k▲
Transfer to equity691/2€68k€87k▲
To other reserves6921€68k€87k▲
The notes to these accounts (8 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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 4.71
Current ratio from 2.30 to 4.71; short-term debt falls from €41k to €35k.
31-12
Financial
Equity above €150kEq €157k ▲126%
2 profitable years in a row build equity to €157k.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2024
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.
18-Oktoberstraat 178200 BruggeGround area
216 m²
Building footprint
96 m²
Volume, LiDAR
502 m³
Parcel 31027D0375/00S004, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Wovafin
since 20242.357.105.344
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0375/00S004 | Flanders | 216 m² | 1 · 96 m² | 10.6 m · 1 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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Of 24,419 companies in sector 82990 we hold annual accounts for 9,359. 7,071 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2024
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.