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HD WEP

Active
Private limited companyfounded 200818 yrs activeAvenue des Métallurgistes 22, 1490 Court-Saint-Etienne, BelgiumKBO/BCE: BE 0899.159.613
Summary

HD WEP has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,582 and a net result of -€5,927. Equity is shrinking by ~4.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability65▲+10
Solvency94▼-3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.04 in 2024; short-term debt: 21.1% and cash: 0.9% of total assets), and 31% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
69%
Return on assets
-3.2%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€5,927
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-08-2025, 157 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
157 d early
2024
88 d early
2023
121 d early
2022
146 d early
2021
115 d early
2020
187 d early
2019
84 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 128 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 2 October (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

HD WEP was incorporated on 9 July 2008.1 Total assets fell from EUR 282,421 in 2019 to EUR 187,735 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€5,927▲ 71.9%
2024 · -€21,070
Working capital
-€14,302▲ 62.6%
2024 · -€38,212
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,278▲ 68.4%-€2,665▼ 17.0%-€368▲ 86.2%-€20,998▼ 5,601%-€5,861▲ 72.1%
Net result-€2,327▲ 68.0%-€2,732▼ 17.4%-€440▲ 83.9%-€21,070▼ 4,685%-€5,927▲ 71.9%
Equity€159,752▼ 1.4%€157,020▼ 1.7%€156,580▼ 0.3%€135,510▼ 13.5%€129,582▼ 4.4%
Total assets€264,618▼ 9.7%€238,563▼ 9.8%€218,456▼ 8.4%€188,989▼ 13.5%€187,735▼ 0.7%
Debt€104,866▼ 19.9%€81,543▼ 22.2%€61,877▼ 24.1%€53,480▼ 13.6%€58,153▲ 8.7%
Working capital-€91,360▲ 28.8%-€68,040▲ 25.5%-€42,370▲ 37.7%-€38,212▲ 9.8%-€14,302▲ 62.6%
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€2,278-€2,278Net result 2021: -€2,327-€2,327Operating result 2022: -€2,665-€2,665Net result 2022: -€2,732-€2,732Operating result 2023: -€368-€368Net result 2023: -€440-€440Operating result 2024: -€20,998-€20,998Net result 2024: -€21,070-€21,070Operating result 2025: -€5,861-€5,861Net result 2025: -€5,927-€5,92720212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€368-€368Net result 2023: -€440-€440Operating result 2024: -€20,998-€21,000Net result 2024: -€21,070-€21,100Operating result 2025: -€5,861-€5,860Net result 2025: -€5,927-€5,930202320242025
The operating result stays negative: a loss of €5,861 in 2025 against €20,998 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187,735
Fixed assets €162,484 ▼ 13.2%
Current assets €25,251 ▲ 1,376%
Equity and liabilities €187,735
Equity €129,582 ▼ 4.4%
Debt €58,153 ▲ 8.7%
Debt's share of the balance-sheet total rises from 28.3% to 31.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18,933▲
2024 · €4,231
Cash flow
€18,867▲
2024 · €4,158
Current ratio
0.64▲
2024 · 0.04
Debt to equity
0.45▲
2024 · 0.39
ROE
-4.6%▲
2024 · -15.5%
ROA
-3.2%▲
2024 · -11.1%
Interest coverage
284.71▲
2024 · 58.36
Debt ≤ 1 year
€39,553▼
2024 · €39,923
Debt > 1 year
€18,600▲
2024 · €13,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€188,989€187,735▼
Fixed assets21/28€187,278€162,484▼
Tangible fixed assets22/27€187,278€162,484▼
Land and buildings22€118,188€109,863▼
Plant, machinery and equipment23€69,091€52,622▼
Current assets29/58€1,711€25,251▲
Amounts receivable within one year40/41€1,344€23,474▲
Trade receivables40€1,344€1,344=
Other amounts receivable41-€22,130
Cash at bank and in hand54/58€367€1,777▲
Equity and liabilities
Total equity and liabilities10/49€188,989€187,735▼
Equity10/15€135,510€129,582▼
Contributions10/11€130,000€130,000=
Outside capital11€130,000€130,000=
Other1109/19€130,000€130,000=
Reserves13€14,107€14,107=
Non-distributable reserves130/1€14,107€14,107=
Reserves not available under the articles1311€14,107€14,107=
Profit (loss) carried forward14-€8,597-€14,525▼
Amounts payable17/49€53,480€58,153▲
Amounts payable after more than one year17€13,500€18,600▲
Other amounts payable178/9€13,500€18,600▲
Amounts payable within one year42/48€39,923€39,553▼
Other amounts payable47/48€39,923€39,553▼
Accrued charges and deferred income492/3€57-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,229€24,794▼
Other operating charges640/8€2,629€2,680▲
Gross operating margin9900€6,860€21,614▲
Operating profit (loss)9901-€20,998-€5,861▲
Financial charges65/66B€73€67▼
Recurring financial charges65€73€67▼
Profit (loss) for the period before taxes9903-€21,070-€5,927▲
Profit (loss) for the period9904-€21,070-€5,927▲
Profit (loss) for the period to be appropriated9905-€21,070-€5,927▲
Appropriation of the result
Profit (loss) to be appropriated9906-€8,597-€14,525▼
Profit (loss) brought forward from the previous period14P€12,473-€8,597▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,053€26,053€26,053€25,229€24,794▼ 1.7%
Other operating charges640/8-€2,303€2,405€2,629€2,680▲ 2.0%
Gross operating margin9900€25,716€25,691€28,090€6,860€21,614▲ 215%
Operating profit (loss)9901-€2,278-€2,665-€368-€20,998-€5,861▲ 72.1%
Financial charges65/66B-€67€72€73€67▼ 8.3%
Recurring financial charges65€48€67€72€73€67▼ 8.3%
Profit (loss) for the period before taxes9903-€2,327-€2,732-€440-€21,070-€5,927▲ 71.9%
Profit (loss) for the period9904-€2,327-€2,732-€440-€21,070-€5,927▲ 71.9%
Profit (loss) for the period to be appropriated9905-€2,327-€2,732-€440-€21,070-€5,927▲ 71.9%
Line20212022202320242025Change
Assets
Total assets20/58€264,618€238,563€218,456€188,989€187,735▼ 0.7%
Fixed assets21/28€264,613€238,560€212,507€187,278€162,484▼ 13.2%
Tangible fixed assets22/27€264,613€238,560€212,507€187,278€162,484▼ 13.2%
Land and buildings22-€134,838€126,513€118,188€109,863▼ 7.0%
Plant, machinery and equipment23-€103,722€85,994€69,091€52,622▼ 23.8%
Current assets29/58€5€3€5,949€1,711€25,251▲ 1,376%
Amounts receivable within one year40/41--€1,344€1,344€23,474▲ 1,646%
Trade receivables40--€1,344€1,344€1,344=
Other amounts receivable41----€22,130-
Cash at bank and in hand54/58€5€3€5€367€1,777▲ 384%
Deferred charges and accrued income490/1--€4,600---
Equity and liabilities
Total equity and liabilities10/49€264,618€238,563€218,456€188,989€187,735▼ 0.7%
Equity10/15€159,752€157,020€156,580€135,510€129,582▼ 4.4%
Contributions10/11€130,000€130,000€130,000€130,000€130,000=
Capital10-€130,000----
Issued capital100-€130,000----
Outside capital11--€130,000€130,000€130,000=
Other1109/19--€130,000€130,000€130,000=
Reserves13€14,107€14,107€14,107€14,107€14,107=
Non-distributable reserves130/1-€14,107€14,107€14,107€14,107=
Legal reserve130-€14,107----
Reserves not available under the articles1311--€14,107€14,107€14,107=
Profit (loss) carried forward14€15,645€12,913€12,473-€8,597-€14,525▼ 68.9%
Amounts payable17/49€104,866€81,543€61,877€53,480€58,153▲ 8.7%
Amounts payable after more than one year17€13,500€13,500€13,500€13,500€18,600▲ 37.8%
Other amounts payable178/9-€13,500€13,500€13,500€18,600▲ 37.8%
Amounts payable within one year42/48€91,366€68,043€48,320€39,923€39,553▼ 0.9%
Trade debts44€43-€47---
Suppliers440/4--€47---
Other amounts payable47/48-€68,043€48,273€39,923€39,553▼ 0.9%
Accrued charges and deferred income492/3--€57€57--
Line20212022202320242025Change
Profit (loss) for the period9904-€2,327-€2,732-€440-€21,070-€5,927▲ 71.9%
+ Depreciation and write-downs630€26,053€26,053€26,053€25,229€24,794▼ 1.7%
Operating cash flow (approximation)€23,726€23,321€25,612€4,158€18,867▲ 354%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€2€2€361€1,410▲ 290%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
04-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Weakest financial yearnet -€21,070
Net result drops to -€21,070, the lowest in the series; recovery starts the following year.
2023
02-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
07-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
08-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
08-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
04-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema
30-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
08-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Court-Saint-Etienne · 1 establishment unit since 2008
seat establishment approximate The establishment unit on the map
Ground area
7,396 m²
Building footprint
1,025 m²
Volume, LiDAR
9,677 m³
Parcel 25023A0064/00S003, Wallonia · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FILOU AND FRIENDS
Avenue des Métallurgistes 22, 1490 Court-Saint-EtienneRetail trade
since 20082.171.760.714
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25023A0064/00S003 Wallonia 7,396 m² 1 · 1,025 m² 13.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. IMMO VERDES 100%
  2. PS IMMOBILIERE 100%
  3. HD WEP

Highest known parent: IMMO VERDES. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded09-07-2008
Fiscal year end30-06
Contact
E-mail dechamps.fa@skynet.beCourt-Saint-Etienne
Phone 081/22 34 53Court-Saint-Etienne
Fax 081/46 12 60Court-Saint-Etienne
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.