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SPEED WOLDWID

Active
Private limited companyfounded 20214 yrs activeOudesmidsestraat 20, 1700 Dilbeek, BelgiumKBO/BCE: BE 0775.756.708
Summary

The computed 12-month bankruptcy probability of SPEED WOLDWID is 2.5% (moderate). The 2025 annual accounts show equity of €108,493 and a net result of €37,976. Equity is growing by ~46% per year across the filed fiscal years. Its solvency ranks better than 92% of 1770 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Financials · fiscal year 2025, micro schema

Equity
€108,493▲ 60.5%
2024 · €67,603
Total assets
€129,018▲ 71.6%
2024 · €75,166
Net result
€37,976
2024 · -€2,914
Working capital
€108,493▲ 66.3%
2024 · €65,228
Trend over the years

2022 to 2025, 4 fiscal years

The operating result recovers in 2025; 2025 is 1,209% above 2024 and is the highest result in the available series.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€48,641 2025 Net result€37,976 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€30,325-€35,386▲ 16.7%€3,715▼ 89.5%€48,641▲ 1,209%
Net result€31,263above the sector's middle half-€37,554above the sector's middle half▲ 20.1%-€2,914within the sector's middle half€37,976above the sector's middle half
Equity€32,963within the sector's middle half-€70,517within the sector's middle half▲ 114%€67,603within the sector's middle half▼ 4.1%€108,493within the sector's middle half▲ 60.5%
Total assets€53,847below the sector's middle half-€82,454within the sector's middle half▲ 53.1%€75,166within the sector's middle half▼ 8.8%€129,018within the sector's middle half▲ 71.6%
Debt€20,884-€11,937▼ 42.8%€7,563▼ 36.6%€20,525▲ 171%
Working capital€24,255within the sector's middle half-€64,975above the sector's middle half▲ 168%€65,228above the sector's middle half▲ 0.4%€108,493above the sector's middle half▲ 66.3%
Solvency61.2%above the sector's middle half-85.5%above the sector's middle half▲ 24.3pp89.9%above the sector's middle half▲ 4.4pp84.1%above the sector's middle half▼ 5.8pp
Current ratio2.16above the sector's middle half-6.44above the sector's middle half▲ 4.289.62above the sector's middle half▲ 3.186.29above the sector's middle half▼ 3.34
Return on assets (ROA)58.1%above the sector's middle half-45.5%above the sector's middle half▼ 12.5pp-3.9%below the sector's middle half▼ 49.4pp29.4%above the sector's middle half▲ 33.3pp
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €129,018
Equity €108,493 ▲ 60.5%
Debt €20,525 ▲ 171%
Debt's share of the balance-sheet total rises from 10.1% to 15.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€51,016▲
2024 · €6,881
Cash flow
€40,351▲
2024 · €253
Quick ratio
5.05▼
2024 · 9.62
Debt to equity
0.19▲
2024 · 0.11
ROE
35.0%▲
2024 · -4.3%
Interest coverage
51.79▲
2024 · 10.81
Debt ≤ 1 year
€20,525▲
2024 · €7,563
Income taxes
€9,680▲
2024 · €6,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,450 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 39,278 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€75,166€129,018▲
Fixed assets21/28€2,375€0▼
Tangible fixed assets22/27€2,375€0▼
Furniture and vehicles24€2,375€0▼
Current assets29/58€72,791€129,018▲
Stocks and contracts in progress3-€25,410
Stocks30/36-€25,410
Amounts receivable within one year40/41€58,796€63,485▲
Trade receivables40-€63,485
Other amounts receivable41€58,796€0▼
Cash at bank and in hand54/58€13,995€32,172▲
Deferred charges and accrued income490/1-€7,951
Equity and liabilities
Total equity and liabilities10/49€75,166€129,018▲
Equity10/15€67,603€108,493▲
Contributions10/11€1,700€1,700=
Profit (loss) carried forward14€65,903€106,793▲
Amounts payable17/49€7,563€20,525▲
Amounts payable within one year42/48€7,563€20,525▲
Trade debts44€3,843€10,845▲
Suppliers440/4€3,843€10,845▲
Taxes, remuneration and social security45€3,720€9,680▲
Taxes450/3€3,720€9,680▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,167€2,375▼
Other operating charges640/8€945€499▼
Gross operating margin9900€7,826€51,515▲
Operating profit (loss)9901€3,715€48,641▲
Financial income75/76B€8-
Recurring financial income75€8-
Financial charges65/66B€637€985▲
Recurring financial charges65€637€985▲
Profit (loss) for the period before taxes9903€3,086€47,656▲
Income taxes67/77€6,000€9,680▲
Profit (loss) for the period9904-€2,914€37,976▲
Profit (loss) for the period to be appropriated9905-€2,914€37,976▲
Appropriation of the result
Profit (loss) to be appropriated9906€65,903€106,793▲
Profit (loss) brought forward from the previous period14P€68,817€68,817=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€792€3,167€3,167€2,375▼ 25.0%
Other operating charges640/8-€699€945€499▼ 47.2%
Gross operating margin9900€31,117€39,252€7,826€51,515▲ 558%
Operating profit (loss)9901€30,325€35,386€3,715€48,641▲ 1,209%
Financial income75/76B€982€2,210€8--
Recurring financial income75€982€2,210€8--
Financial charges65/66B€45€42€637€985▲ 54.8%
Recurring financial charges65€45€42€637€985▲ 54.8%
Profit (loss) for the period before taxes9903€31,263€37,554€3,086€47,656▲ 1,444%
Income taxes67/77--€6,000€9,680▲ 61.3%
Profit (loss) for the period9904€31,263€37,554-€2,914€37,976▲ 1,403%
Profit (loss) for the period to be appropriated9905€31,263€37,554-€2,914€37,976▲ 1,403%
Line2022202320242025Change
Assets
Total assets20/58€53,847€82,454€75,166€129,018▲ 71.6%
Fixed assets21/28€8,708€5,542€2,375€0▼ 100%
Tangible fixed assets22/27€8,708€5,542€2,375€0▼ 100%
Furniture and vehicles24€8,708€5,542€2,375€0▼ 100%
Current assets29/58€45,138€76,913€72,791€129,018▲ 77.2%
Stocks and contracts in progress3---€25,410-
Stocks30/36---€25,410-
Amounts receivable within one year40/41€40,107€68,216€58,796€63,485▲ 8.0%
Trade receivables40€6,659€8,146-€63,485-
Other amounts receivable41€33,448€60,070€58,796€0▼ 100%
Cash at bank and in hand54/58€5,031€8,696€13,995€32,172▲ 130%
Deferred charges and accrued income490/1---€7,951-
Equity and liabilities
Total equity and liabilities10/49€53,847€82,454€75,166€129,018▲ 71.6%
Equity10/15€32,963€70,517€67,603€108,493▲ 60.5%
Contributions10/11€1,700€1,700€1,700€1,700=
Profit (loss) carried forward14€31,263€68,817€65,903€106,793▲ 62.0%
Amounts payable17/49€20,884€11,937€7,563€20,525▲ 171%
Amounts payable within one year42/48€20,884€11,937€7,563€20,525▲ 171%
Trade debts44€20,804€10,790€3,843€10,845▲ 182%
Suppliers440/4€20,804€10,790€3,843€10,845▲ 182%
Taxes, remuneration and social security45€80€1,147€3,720€9,680▲ 160%
Taxes450/3€80€1,147€3,720€9,680▲ 160%
Line2022202320242025Change
Profit (loss) for the period9904€31,263€37,554-€2,914€37,976▲ 1,403%
+ Depreciation and write-downs630€792€3,167€3,167€2,375▼ 25.0%
Operating cash flow (approximation)€32,055€40,721€253€40,351▲ 15,851%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash-€3,665€5,298€18,177▲ 243%

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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