Debts
€49,506 99% of the balance sheet
Suppliers 1%Taxes and wages 0%Other 99%
W COMPANY
Lifetime
16 annual accounts with figures on one time axis, 22 filings since 1997peak €472,752 (2020)
€10,712▼ 38.4%
lowest -€18,113 (2023)
€114▲ €18,227
peak €18,467 (2022)
€619▲ 22.6%
€49,506▲ 24.0%
peak 1.4 FTE (2020)
-not published
Documentsfilings and deeds
19-02-2026203 days late
2024micro format
Turnover from €17,393 to €10,712Gross margin from €800 to €1,805Back to profit: €114Equity from €505 to €619Debts from €39,939 to €49,506
Key points
from the 2024 annual accountsPayment terms
15 days to suppliers
W COMPANY pays its suppliers 7 days later than in 2023. Customers pay 51 days later.
Filings
22 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
35
Weak
Financially stronger than 23% of micro companies in printing (NACE 18)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 1,614 companies (NACE 18, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 9.2%
01-2025: 9.2%● unchanged vs 12-2024
02-2025: 6.6%▼ -2.6 percentage points vs 01-2025
03-2025: 6.7%▲ +0.1 percentage points vs 02-2025
04-2025: 6.1%▼ -0.6 percentage points vs 03-2025
05-2025: 6.1%● unchanged vs 04-2025
06-2025: 3.1%▼ -3.0 percentage points vs 05-2025
07-2025: 3.7%▲ +0.6 percentage points vs 06-2025
08-2025: 3.8%▲ +0.1 percentage points vs 07-2025
09-2025: 3.6%▼ -0.2 percentage points vs 08-2025
10-2025: 4.1%▲ +0.5 percentage points vs 09-2025
11-2025: 4.2%▲ +0.1 percentage points vs 10-2025
12-2025: 5.2%▲ +1.0 percentage point vs 11-2025
01-2026: 8.7%▲ +3.5 percentage points vs 12-2025
02-2026: 15.2%▲ +6.5 percentage points vs 01-2026highest value
03-2026: 2.7%▼ -12.5 percentage points vs 02-2026
04-2026: 2.7%● unchanged vs 03-2026
05-2026: 2.7%● unchanged vs 04-2026
06-2026: 2.4%▼ -0.3 percentage points vs 05-2026lowest value
07-2026: 2.6%▲ +0.2 percentage points vs 06-2026
08-2026: 3.6%▲ +1.0 percentage point vs 07-2026
09-2026: 4.0%▲ +0.4 percentage points vs 08-2026
10-2026: 5.6%▲ +1.6 percentage points vs 09-2026
11-2026: 5.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 23-02-2026)
Ex-officio strike-off in the KBO
1 financial year not filed after the legal deadline; last filed accounts filed 203 days late; 3 of the last 3 accounts late
lowers risk
Founded in 1996
Calculation
The band follows from the bankruptcy probability. 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 (NACE 18, micro). It does better than 16% of them on solvency, 7% on liquidity, 25% on profitability and 45% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,083 companies had the same profile as W COMPANY has now. Each dot stands for 3 companies, two years later.
96.8%
were still trading
2.2%
stopped another way
0.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of W COMPANY itself is higher: 5.6% within 12 months. It rests on far more data about W COMPANY than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,083 companies, not a prediction for W COMPANY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.01 (1.01 in 2023), below the usual 1.5. Short-term debt is 98.8% and cash 6.5% of total assets. 98.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Eight signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1203 sector peers (2024).
NBB · sector comparisonPosition among 1203 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 203 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-02-2026, 203 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
203 days late
2023
279 days late
2022
539 days late
2021
691 days late
2020
114 days late
2019
241 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 345 days after the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Recent changes
UBO non-compliance
effective 22-12-2025 · KBO administration
End & cessation
Gazette deed
Judicial dissolution, liquidator appointed
Enterprise Court of Hainaut, Tournai division · Lucien Bieva · judgment of 08-04-2025 · Bankruptcy
First establishment
Brusselsesteenweg (P.E.) 181, Enghien
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as W COMPANY: other printing (NACE 18120). They are comparable in size and age: total assets between €38,300 and €92,600, founded between 1990 and 2002.
Official details
Source: KBO- Status
- Active since 18-04-1996Normal situation
- Activity
- Other printingNACE 18120and 2 others
- Establishment unit
- 2.076.360.9177850 Enghien, since 30-04-1996
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on W COMPANY
W COMPANY has existed since 1996. Turnover fell from €469,711 in 2021 to €17,393 in 2023.
Turnover has fallen every year since 2020.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about W COMPANY
- What is the company number of W COMPANY?
- The company number of W COMPANY is 0457.811.690. The VAT number is the same number with BE in front: BE 0457.811.690.
- Where is W COMPANY based?
- The registered office is at Brusselsesteenweg (P.E.) 181, 7850 Enghien.Company details
- What does W COMPANY do?
- According to the KBO register, the main activity is other printing (NACE 18120).
- What is the legal form of W COMPANY?
- W COMPANY is a private limited company (pre-2019) (BVBA).
- When was W COMPANY founded?
- W COMPANY was founded on 18-04-1996.
- Is W COMPANY still active?
- Yes, W COMPANY is an active enterprise in the KBO register.
- How many employees does W COMPANY have?
- W COMPANY had an average of 1.4 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of W COMPANY?
- The turnover of W COMPANY was €10,712 in financial year 2024, according to the filed annual accounts.
- Is W COMPANY profitable?
- In financial year 2024, W COMPANY made a profit of €114.
- Where can I find the annual accounts of W COMPANY?
- W COMPANY filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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