WAVE
0451.001.005 · rovalta.com · 21/09/2026
ACTIVE
WAVE
Financial year 2025 · closed on 31/12/2025
Net result
5,9 k €
+130.7% YoY
Gross margin
678,2 k €
+5.7% YoY
Equity
393,1 k €
+1.5% YoY
Workforce
8,0 ETP
0.0% YoY
Overview
What does WAVE do?
WAVE is a Private company with limited liability incorporated in 1993. Its registered office is in Esneux. It employs on average 8,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.001.005
Incorporation
29/09/1993
Legal form
Private company with limited liability
Registered office
Rue de l'Athénée 2
4130 Esneux · WallonieSee on map
4130 Esneux · WallonieSee on map
Contributed capital
43 382,00 €
Latest accounts
31/12/2025
Average workforce
8,0 ETP
Joint committees (2)
- 14901
- 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 678,2 k € | +5.7% | 641,6 k € | -22.7% | 829,5 k € | +27.8% | 649 k € | +7.7% | 602,6 k € | +46.8% | 410,4 k € | -31.2% | 596,5 k € | -0.6% | 600,3 k € | +1.9% | 589,3 k € | -16.5% | 705,9 k € | +39.0% | 507,8 k € | +23.5% | 411,1 k € | +52.4% | 269,7 k € | -21.7% | 344,7 k € | +24.9% | 276 k € | -23.8% | 362,1 k € | +54.6% | 234,2 k € | -38.9% | 383 k € | +59.4% | 240,3 k € | +65.2% | 145,4 k € |
| EBITDA | 204,9 k € | +35.0% | 151,8 k € | -25.3% | 203,1 k € | +34.3% | 151,2 k € | +1.5% | 148,9 k € | +12.3% | 132,6 k € | -32.3% | 195,9 k € | -1.4% | 198,7 k € | -6.1% | 211,6 k € | -3.2% | 218,6 k € | +161% | 83,7 k € | +1.4% | 82,5 k € | +9.1% | 75,6 k € | -3.1% | 78 k € | -2.7% | 80,2 k € | -40.7% | 135,2 k € | +270% | -79,5 k € | -177% | 103,4 k € | +15.8% | 89,3 k € | +72.6% | 51,7 k € |
| Operating result | 77,1 k € | +71.4% | 45 k € | -62.4% | 119,6 k € | +62.7% | 73,5 k € | +9.8% | 66,9 k € | +29.9% | 51,5 k € | -23.8% | 67,6 k € | -3.3% | 69,9 k € | -11.9% | 79,3 k € | -6.8% | 85,1 k € | +444% | 15,7 k € | -10.6% | 17,5 k € | -15.9% | 20,8 k € | -20.7% | 26,3 k € | +119% | 12 k € | -81.1% | 63,4 k € | +141% | -154,7 k € | -586% | 31,9 k € | -11.1% | 35,8 k € | +23.9% | 28,9 k € |
| Net result | 5,9 k € | +131% | -19,3 k € | -164% | 29,9 k € | -9.9% | 33,2 k € | -1.6% | 33,8 k € | +27.2% | 26,6 k € | -29.1% | 37,5 k € | +8.1% | 34,7 k € | -29.8% | 49,4 k € | +112% | 23,3 k € | +144% | 9,5 k € | +10.8% | 8,6 k € | -26.3% | 11,7 k € | +8.4% | 10,8 k € | +45.3% | 7,4 k € | -90.7% | 79,2 k € | +158% | -137,3 k € | -565% | 29,5 k € | +73.4% | 17 k € | +222% | 5,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 393,1 k € | +1.5% | 387,2 k € | -4.7% | 406,4 k € | +8.0% | 376,5 k € | +9.7% | 343,3 k € | +10.9% | 309,5 k € | +9.4% | 282,9 k € | +15.3% | 245,4 k € | +16.5% | 210,8 k € | +30.6% | 161,3 k € | +16.9% | 138,1 k € | +7.4% | 128,6 k € | +7.2% | 120 k € | +10.8% | 108,3 k € | +11.0% | 97,5 k € | +8.2% | 90,1 k € | +724% | 10,9 k € | -92.6% | 148,2 k € | +24.9% | 118,7 k € | +16.8% | 101,6 k € |
| Total assets | 1,9 M € | -7.8% | 2 M € | -15.4% | 2,4 M € | +11.2% | 2,2 M € | +51.9% | 1,4 M € | +7.3% | 1,3 M € | +13.8% | 1,2 M € | +11.0% | 1,1 M € | -11.6% | 1,2 M € | +6.6% | 1,1 M € | +30.3% | 854,8 k € | -15.7% | 1 M € | +0.3% | 1 M € | -6.9% | 1,1 M € | +8.1% | 1 M € | +10.5% | 908 k € | -7.8% | 984,5 k € | -37.9% | 1,6 M € | +64.3% | 964,4 k € | +176% | 349,9 k € |
| Cash | 33,7 k € | -53.1% | 71,8 k € | -1.0% | 72,5 k € | -42.8% | 126,9 k € | -40.8% | 214,4 k € | +268% | 58,2 k € | -37.6% | 93,4 k € | -48.1% | 180 k € | +22.9% | 146,5 k € | +1537% | 8,9 k € | -28.6% | 12,5 k € | -87.2% | 97,7 k € | -20.5% | 122,9 k € | +208% | 39,9 k € | +1349% | 2,8 k € | +52.4% | 1,8 k € | -84.7% | 11,8 k € | -96.6% | 352,4 k € | +182% | 125,2 k € | +2876% | 4,2 k € |
| Debts | 1,5 M € | -10.1% | 1,6 M € | -17.6% | 2 M € | +11.8% | 1,8 M € | +65.3% | 1,1 M € | +6.2% | 1 M € | +15.2% | 882,6 k € | +9.7% | 804,7 k € | -17.6% | 976,6 k € | +2.6% | 952,2 k € | +32.9% | 716,7 k € | -19.0% | 885,1 k € | -0.6% | 890,2 k € | -8.9% | 976,9 k € | +7.8% | 906,2 k € | +10.8% | 817,9 k € | -16.0% | 973,5 k € | -32.2% | 1,4 M € | +69.8% | 845,7 k € | +241% | 248,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 8,0 ETP | 0.0% | 8,0 ETP | 0.0% | 8,0 ETP | -1.2% | 8,1 ETP | – | – | – | 8,8 ETP | +12.8% | 7,8 ETP | -8.2% | 8,5 ETP | +7.6% | 7,9 ETP | +25.4% | 6,3 ETP | +57.5% | 4,0 ETP | -20.0% | 5,0 ETP | +16.3% | 4,3 ETP | -17.3% | 5,2 ETP | -23.5% | 6,8 ETP | -1.4% | 6,9 ETP | +60.5% | 4,3 ETP | +72.0% | 2,5 ETP | ||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Fabiola ARENA
ActiveEnded mandates
Jean-Marc GILLET
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/07/2026 | 26/08/2025 | 29/07/2024 | 26/07/2023 | 23/08/2022 | 21/09/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 30/06/2024 | 13/06/2023 | 14/06/2022 | 15/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 31/07/2026 | French | |
| Abridged model | 31/12/2024 | 30/06/2025 | 26/08/2025 | French | |
| Abridged model | 31/12/2023 | 30/06/2024 | 29/07/2024 | French | |
| Abridged model | 31/12/2022 | 13/06/2023 | 26/07/2023 | French | |
| Abridged model | 31/12/2021 | 14/06/2022 | 23/08/2022 | French | |
| Abridged model | 31/12/2020 | 15/06/2021 | 21/09/2021 | French | |
| Abridged model | 31/12/2019 | 03/11/2020 | 05/11/2020 | French | |
| Abridged model | 31/12/2018 | 26/06/2019 | 23/07/2019 | French | |
| Abridged model | 31/12/2017 | 27/06/2018 | 25/07/2018 | French | |
| Abridged model | 31/12/2016 | 28/06/2017 | 27/07/2017 | French | |
| Abridged model | 31/12/2015 | 22/06/2016 | 30/08/2016 | French | |
| Abridged model | 31/12/2014 | 24/06/2015 | 26/08/2015 | French | |
| Abridged model | 31/12/2013 | 25/06/2014 | 29/08/2014 | French | |
| Abridged model | 31/12/2012 | 28/06/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 30/06/2012 | 16/08/2012 | French | |
| Abridged model | 31/12/2010 | 23/08/2011 | 26/08/2011 | French | |
| Abridged model | 31/12/2009 | 11/08/2010 | 13/08/2010 | French | |
| Abridged model | 31/12/2008 | 30/06/2009 | 14/08/2009 | French | |
| Abridged model | 31/12/2007 | 30/06/2008 | 30/07/2008 | French | |
| Abridged model | 31/12/2006 | 23/07/2007 | 31/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Fabiola ARENA
ActiveEnded mandates
Jean-Marc GILLET
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20255,9 k €↑
- 2024Annual accounts 2024-19,3 k €↓
- 2023Annual accounts 202329,9 k €↓
- 2022Annual accounts 202233,2 k €↓
- 2021Annual accounts 202133,8 k €↑
- 2020Annual accounts 202026,6 k €↓
- 2019Annual accounts 201937,5 k €↑
- 2018Annual accounts 201834,7 k €↓
- 2017Annual accounts 201749,4 k €↑
- 2016Annual accounts 201623,3 k €↑
- 2015Annual accounts 20159,5 k €↑
- 2014Annual accounts 20148,6 k €↓
- 2013Annual accounts 201311,7 k €↑
- 2012Annual accounts 201210,8 k €↑
- 2011Annual accounts 20117,4 k €↓
- 2010Annual accounts 201079,2 k €↑
- 2009Annual accounts 2009-137,3 k €↓
- 2008Annual accounts 200829,5 k €↑
- 2007Annual accounts 200717 k €↑
- 2006Annual accounts 20065,3 k €
- 29/09/1993IncorporationPrivate company with limited liability