Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WABE from Assesse, company number BE0838967153, closed financial year 2025 with a result of € -27,688 after tax. For that financial year WABE recorded a gross margin of € -3,872 and equity of € -57,217. Compared with financial year 2024, the result moved from € -54,711 to € -27,688. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ -57,217
▼ € 27,688 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,688
▲ 49 % less loss than in 2024
Profit after tax over the fiscal year.
€ 518
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -75,817.
People and assets in 2025
0
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11,876
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 180,759
▼ 8% vs 2024
€ 15,391 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 11,432
▲ 143% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,452 | € 33,281 | € -18,993 | € -3,872 | ▲ € 15,121 |
| Profit after taxes | € 18,798 | € 9,361 | € -54,711 | € -27,688 | ▲ € 27,023 |
| Equity | € 15,821 | € 25,182 | € -29,529 | € -57,217 | ▼ € 27,688 |
| Total debts | € 98,166 | € 74,584 | € 295,292 | € 506,751 | ▲ 72% |
| Cash | € 284 | € 8,595 | € 1,954 | € 518 | ▼ 73% |
| Land & buildings | - | - | € 210,268 | € 201,068 | ▼ 4% |
| Retained profit | € -2,779 | € 6,582 | € -48,129 | € -75,817 | ▼ € 27,688 |
| Bank debt | € 2,269 | € 22,595 | € 197,108 | € 180,759 | ▼ 8% |
| Balance sheet total | € 113,987 | € 99,766 | € 265,763 | € 449,535 | ▲ 69% |
| Employees (FTE) | 0 | 0.1 | 0.2 | 0 | ▼ 0.2 |
Key figures of WABE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WABE?
What happened at WABE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,688. Source: NBB ↗
- New establishment in Assesse. KBO
- Start of the company according to the CBE. KBO
- Nicolas BERNARD became a director. NBB
- Charlotte WARZEE became a director. NBB
In short
From € 18,798 profit in 2022 to € 27,688 loss in 2025.
Paid € 5,376 in corporate taxes since 2022.
Best year ever: 2022, with € 18,798 profit.
Management
Behind WABE are Nicolas BERNARD and Charlotte WARZEE. It owns 50% of LES FRUGALISTES itself.
Directors
According to the 2025 annual accounts
since 2011
since 2011
Establishments
Establishment units
Physical locations of this company
Rue du Pourrain 67
5330 Assesse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.967.153
- VAT number
- BE 0838.967.153
- Registered office
- Rue du Pourrain 67, 5330 Assesse
- Names & denominations
- WABE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 2011
- Peppol
- Active · Active since 22 Nov 2025
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Bouwrijp maken van terreinen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van hoofdkantoren
Activiteiten van holdings
Handel in eigen onroerend goed