GROUP WES
ActiveGROUP WES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323k and a net result of €93k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.02 against 2.88 in 2024), and 23.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
76.3%
Return on assets
21.9%
Age of the figures
8 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
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €323k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
28 d late
2023
25 d late
2022
55 d late
2021
26 d late
2020
1 d late
2019
61 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€323k▲ 40.3%
2024 · €231k
2018: €15k
2019: €26k
2020: €18k
2021: €18k
2022: €26k
2023: €125k
2024: €231k
2018 → 2025
Total assets
€424k▲ 22.1%
2024 · €347k
2018: €71k
2019: €69k
2020: €60k
2021: €72k
2022: €81k
2023: €254k
2024: €347k
2018 → 2025
Net result
€93k▼ 11.7%
2024 · €105k
2018: €7k
2019: €10k
2020: €-8k
2021: €-173
2022: €8k
2023: €100k
2024: €105k
2018 → 2025
Working capital
€304k▲ 38.8%
2024 · €219k
2018: €9k
2019: €22k
2020: €18k
2021: €14k
2022: €17k
2023: €117k
2024: €219k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€26k▲ 43.6%€125k▲ 387%€231k▲ 84.0%€323k▲ 40.3%
Operating result€2k-€12k▲ 419%€132k▲ 1,042%€155k▲ 17.1%€129k▼ 16.5%
Net result€-173-€8k€100k▲ 1,175%€105k▲ 5.7%€93k▼ 11.7%
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 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €424k
Fixed assets
€20k▲ 68.3%
Current assets
€404k▲ 20.5%
Equity and liabilities €424k
Equity
€323k▲ 40.3%
Debt
€101k▼ 13.8%
The debt ratio falls from 33.6% to 23.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€135k▼
2024 · €160k
Cash flow
€98k▼
2024 · €110k
Solvency
76.3%▲
2024 · 66.4%
Current ratio
4.02▲
2024 · 2.88
Quick ratio
2.99▲
2024 · 1.99
Debt / equity
0.31▼
2024 · 0.51
ROE
28.7%▼
2024 · 45.7%
ROA
21.9%▼
2024 · 30.3%
Interest coverage
75.62▼
2024 · 80.29
Debt
€101k▼
2024 · €117k
Debt ≤ 1 year
€101k▼
2024 · €117k
Income taxes
€41k▼
2024 · €48k
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€347k€424k▲
Fixed assets21/28€12k€20k▲
Tangible fixed assets22/27€12k€20k▲
Plant, machinery and equipment23€7k€13k▲
Furniture and vehicles24€5k€6k▲
Current assets29/58€336k€404k▲
Stocks and contracts in progress3€104k€104k=
Stocks30/36€104k€104k=
Amounts receivable within one year40/41€169k€232k▲
Trade receivables40€51k€103k▲
Other amounts receivable41€118k€129k▲
Cash at bank and in hand54/58€63k€69k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€347k€424k▲
Equity10/15€231k€323k▲
Contributions10/11€14k€14k=
Reserves13€216k€309k▲
Distributable reserves133€216k€309k▲
Amounts payable17/49€117k€101k▼
Amounts payable within one year42/48€117k€101k▼
Financial debts43€17k€8k▼
Credit institutions430/8€17k€8k▼
Trade debts44€21k€4k▼
Suppliers440/4€21k€4k▼
Taxes, remuneration and social security45€78k€89k▲
Taxes450/3€78k€89k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€430€3k▲
Gross operating margin9900€160k€137k▼
Operating profit (loss)9901€155k€129k▼
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€153k€134k▼
Income taxes67/77€48k€41k▼
Profit (loss) for the period9904€105k€93k▼
Profit (loss) for the period to be appropriated9905€105k€93k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€93k▼
Transfer from equity791/2€0-
Transfer to equity691/2€105k€93k▼
To contributions691€0-
To other reserves6921€105k€93k▼
The notes to these accounts (7 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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €105k ▲5.7%
Operating result €155k, net result €105k, both a record.
31-12
Financial
Equity above €200kEq €231k ▲84%
3 profitable years in a row build equity to €231k.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial
Equity above €100kEq €125k ▲387%
2 profitable years in a row build equity to €125k.
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
01-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
31-12
Financial
Weakest financial yearnet €-8k ▼172%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Laakdal · 1 establishment unit since 2007
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.
Zuid De Vliet 72430 LaakdalGround area
1,027 m²
Building footprint
217 m²
Volume, LiDAR
986 m³
Parcel 13045C0245/00S000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GROUP WES
since 20072.162.231.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13045C0245/00S000 | Flanders | 1,027 m² | 1 · 217 m² | 6.9 m · 2 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.
Similar companies · same sector, comparable size
ELEKTRO VELZ
BE 0682.439.045
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ELECTRI.CITY
BE 0793.210.174
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STOCKEYR ELECTRICITE
BE 0467.107.755
Eghezée · Eq €323k
TECHNEUTJENS
BE 0695.435.560
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DBA-AUTOMATIONS
BE 0881.704.561
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 7,403 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2007
Fiscal year end31-12
Abbreviation NL
WES
Activities, NACEBEL
43211General electrical installation work
45310
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:013/667607