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W.B.I.

Active
Public limited companyfounded 1987active for 38 yearsDrève de Laurensart 2, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0433.006.713
Summary

The computed 12-month bankruptcy probability of W.B.I. is 1.7% (moderate). The 2025 annual accounts show equity of €855,489 and a net result of -€63,187. Equity is growing by about 8% per year across the filed financial years. The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€2.9mtotal assets 2025
Equity
€855,489
Loss
-€63,187
Turnover not published (abbreviated or micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Holdings
1
Accounts filed 31 days late0 of 5 deeds read
Why 53raises riskLiquidity: current ratio 1.72, cash €12, halvedLatest accounts 31 days late; 2 of the last 3 lateNo establishment unit in the KBOlowers riskSize: total assets €2.9mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (no NACE code, small)
Financial strength · tick = 2024
Weak
Solvency 54-6
equity 29.4% of total assets
Liquidity 31-9
short-term debt 39.7% · cash 0.0%
Profitability 25-58
return on assets -2.2%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.8%▲ +0.3 percentage points vs 06-2025 08-2025: 2.6%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -2.1 percentage points vs 08-2025lowest value 10-2025: 0.5%● unchanged vs 09-2025lowest value 11-2025: 0.5%● unchanged vs 10-2025lowest value 12-2025: 0.5%● unchanged vs 11-2025lowest value 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.5 percentage points vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.72, compared with 2.37 in 2024; short-term debt: 39.7% and cash: 0% of total assets), but 70.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 33% on solvency, 20% on liquidity, 17% on profitability and 20% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.72, cash €12, halved
NBB · annual accounts
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €2.9m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · No establishment unit in the KBO
KBO · seat and establishments
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
25 days late
2023
57 days late
2022
31 days late
2021
25 days late
2020
31 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 41 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €294,047

Key points

  • Caution: From profit to loss in 2025after €294,047 in 2024 -€63,187 View
  • Active since 1987founded 30-12-1987 38 years View
  • Total assets 20256 financial years filed €2.9m View

By topic

Financials

Financial year
2025
Total assets
€2.9m
Loss
-€63,187
Solvency
29.4%
Total assets▲ 11.1%
Net result
20182025
Go to Financials

Timeline

Events
42
Since
1989
Next accounts
by 31-07-2027
  1. 26-09-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Public limited company
Founded
30-12-1987
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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