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W.D. DIFFUSION

Active Public limited companyfounded 1982active for 44 yearsOude Beselarestraat 52, 8940 WervikKBO/BCE: BE 0422.820.723 #6 oldest company in Wervik, Wholesale and retail trade sector

Overview

Lifetime

18 annual accounts with figures on one time axis, 44 filings since 1982
peak €443,962 (2022)
€292,887▼ 21.3%
lowest -€138,424 (2024)
-€44,058▼ €37,516
peak €568,562 (2022)
€366,104▼ 10.7%
€642,350▼ 9.9%
peak 12.5 FTE (2009)
5 FTE▼ 13.8%
Board5 names since 2018
4 directorsPascalDepoortere and 3 others
Documentsfilings and deeds
13-10-202613 days late
2026financial year
Gross margin from €372,000 to €292,887Loss of €44,058Staff from 5.8 FTE to 5 FTE

Key points

from the 2026 annual accounts

Losses

-€202,458 in four years
-13,4322023-138,4242024-6,5432025-44,0582026

Every financial year from 2023 to 2026 closed with a loss. 2024 was the heaviest.

Staff

5 FTE from 12.5 in 2009

Between 2009 and 2026, 60% of the full-time equivalents disappeared.

Filings

44 annual accounts since 1982
deadline199520102025

Eight of the last ten came late. The 2020 accounts came latest: 60 days after the end of the period.

Checked score

84
Excellent
Financially stronger than 31% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025 10-2025: 1.5%▲ +0.4 percentage points vs 09-2025highest value 11-2025: 0.3%▼ -1.2 percentage points vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026lowest value 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▼ -0.2 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Weak

61-1equity 36.3% of total assets
28-3short-term debt 48.0% · cash 1.7%
32-12return on assets -4.4%

Score breakdown

raises risk
Loss of €44,058, the second in a row (financial year 2026)
Liquidity: current ratio 0.99, cash €17,335
lowers risk
Founded in 1982
Figures for financial year 2026 (filed on 15-10-2026)
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 46, micro). It does better than 45% of them on solvency, 26% on liquidity, 27% on profitability and 25% on growth.

The bankruptcy probability was computed on 09-11-2026 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 28-02-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 12,322 companies had the same profile as W.D. DIFFUSION has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of W.D. DIFFUSION itself: 0.3% within 12 months.

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.

The companies in ten equal groups, from the lowest to the 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% 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 12,322 companies, not a prediction for W.D. DIFFUSION. 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

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.99 (1.06 in 2025), below 1. Short-term debt is 48% and cash 1.7% of total assets. 63.7% 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

Six signals.
lowers riskraises risk
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €44,058, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.99, cash €17,335
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 15-10-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€44,058
raises risk · 2026 accounts filed 13 days late
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 13-10-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
13 days late
2025
on the day
2024
11 days late
2023
25 days late
2022
19 days late
2021
27 days late
2020
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. The company usually files around 13 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today28-02-2027 year end30-09-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PD
Managing director
P
Director
M
Director
MD
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0422820723
1 director appointed, 2 reappointments Reappointments: Pascal Depoortere and Maxime Depoortere · Appointment: Pascal Depoortere (managing director) · General meeting of 14-09-2024 · Gazette deed
2 directors appointed, 2 reappointments Reappointments: PascalDepoortere and GisèleChambart · Appointments: PascalDepoortere (managing director) and MaximeDepoortere · General meeting of 01-11-2018 · Gazette deed
First establishment Beselarestraat 52, Wervik
All 54 events

Comparable companies

same main activity, similar in size and age
Company
W.D. DIFFUSION Wervik €1.0m €292,887 36.3% 5
RIEMENS and PARTNERS Grimbergen €0.8m €322,424 89.4% 5.3
AUTRUCHE Bruges €0.9m €285,586 31.6% 5.9
A - JONI'S Turnhout €0.8m €283,880 -13.0% 5
RAYURE Uccle €0.7m €341,466 55.6% 4.5
LINEA VERDE Ixelles €1.2m €281,619 8.1% 3.1
GREMATEX Beveren-Kruibeke-Zwijndrecht €1.1m €611,675 83.9% 5.7

These companies have the same main activity as W.D. DIFFUSION: wholesale of clothing, excluding workwear and underwear (NACE 46423). They are comparable in size and age: total assets between €667,000 and €1.2m, founded between 1979 and 1991.

Official details

Source: KBO
Status
Active since 01-06-1982Normal situation
Activity
Wholesale of clothing, excluding workwear and underwearNACE 46423
Joint committees
109Clothing and garment industry
215White-collar workers in the clothing and garment industry · annual accounts 28-02-2026
Establishment unit
2.121.214.5098940 Wervik, since 01-01-1982
Financial year end
28 February
Peppol
Reachable since 02-01-2026
Company details

Annual accounts to 28-02-2026

€292,887▼ 21.3%
≈ €1.4mestimated
€44,058▲ 573%
€366,104▼ 10.7%
€1.0m▼ 10.2%
Employeeson 28-02-2026
6▼ 14.3%
Filing
Filed on 13-10-2026
Financials

Insights on W.D. DIFFUSION

W.D. DIFFUSION has existed since 1982. The gross margin fell from €366,637 in 2009 to €292,887 in 2026 and staff from 12.5 to 5 full-time equivalents.

In November 2024, the Official Gazette published the appointment of Pascal Depoortere as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2026

full format, filed on 13-10-2026, 13 days late
€292,887
▼ 21.3%
-€10,734
▼ €25,088
-€44,058
▼ €37,516
-€5,523
▼ €35,571
36.3%
▼ 0.2 percentage points
0.99
▼ 0.07

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.4m. Estimated: probably between €1.1m and €2.1m.

Balance sheet

balance sheet total €1.0m on 28-02-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

36.3%

Higher than 40% of 6,192 companies in 2025.

0.99

Higher than 17% of 6,112 companies in 2025.

-4.4%

Higher than 22% of 6,176 companies in 2025.

W.D. DIFFUSION Middle half of the sector 80% of the sector Full accounts in wholesale trade (NACE 46)

Staff

€40,754

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2026, 1 person joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202620252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 1.0m1.1m1.2m1.3m1.1m1.1m1.0m979,099923,301794,357803,751843,036831,167805,239921,143995,8951.2m1.2m
21/28 529,901605,671706,933769,267483,295500,065479,897434,708373,175259,743251,332254,675196,321178,551196,110221,576248,285288,579
21 --1,3944,2368,6886,3789,6888,8183,2379613006002,2453,8904,0355,380--
22/27 528,707604,477704,346763,838473,412492,493469,014424,696368,244257,587249,098252,141192,143172,727189,692213,612245,701286,645
22 432,115483,651532,784579,630354,793365,679383,879348,203301,745162,889151,159160,959160,211167,101183,474208,512235,317263,434
23 10,59112,31619,62727,86523,66814,90214,08716,0169,0137,7759,7358,0265,9395,1005,1754,3336,94116,843
24 20,50429,85137,19236,18335,95740,10046,79233,31928,95234,68422,7894,5282635261,0427683,4436,368
25 -6,47917,44928,44939,449-------------
26 65,49772,17997,29491,71119,54521,36324,25627,15728,53431,28234,02436,77325,730-----
28 1,1941,1941,1941,1941,1941,1941,1941,1941,6941,1941,9341,9341,9341,9342,3842,5842,5841,934
29/58 478,554517,184538,930552,550640,282577,444544,231544,391550,125534,614552,420588,362634,846626,688725,032774,319917,431882,105
3 258,003249,339327,135285,869305,305327,377272,698293,758228,406204,577198,733201,741184,639208,280182,786117,771123,942106,576
30/36 258,003249,339327,135285,869305,305327,377272,698293,758228,406204,577198,733201,741184,639208,280182,786117,771123,942106,576
40/41 194,456242,794186,644185,948153,997187,649181,442206,377207,252209,032177,618282,812318,571343,422498,565633,534750,317754,069
40 190,325226,038173,005161,387134,259169,099165,694202,884201,038202,955171,748259,474289,591318,280381,940518,834640,760640,763
41 4,13116,75613,63924,56119,73918,55015,7483,4926,2146,0775,87123,33928,98025,142116,626114,700109,557113,306
54/58 17,33516,37916,87168,842174,78652,32383,02739,453109,934116,783171,598101,462127,83562,11335,08518,14936,95516,137
490/1 8,7608,6718,28111,8916,19510,0947,0654,8044,5344,2234,4702,3463,80012,8738,5974,8656,2175,323
Balance sheet: equity and liabilities
10/49 1.0m1.1m1.2m1.3m1.1m1.1m1.0m979,099923,301794,357803,751843,036831,167805,239921,143995,8951.2m1.2m
10/15 366,104410,162416,705555,130568,562511,353465,633406,985424,026414,829379,511321,969282,165235,060218,187199,387178,155194,120
10/11 99,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,157
10 99,15799,15799,15799,15799,157-------------
100 99,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,157
13 119,029119,029119,029119,029119,029119,029119,029119,029119,029119,029119,029119,029119,029119,029569,859569,859569,859569,859
130/1 9,9169,9169,9169,9169,9169,916------------
130 9,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,9169,916
132 2,9752,9752,9752,9752,9752,9752,9752,9752,9752,9752,9752,9752,9752,9752,9752,9752,9752,975
133 106,139106,139106,139106,139106,139106,139106,139106,139106,139106,139106,139106,139106,139106,139556,968556,968556,968556,968
14 147,918191,976198,519336,943350,375293,167247,447188,799205,840196,642161,325103,78263,97916,874-450,829-469,629-490,861-474,896
16 ----759759759759759759759759759759759759758758
160/5 ----759759759759759759759759759759759759758758
164/5 ----759759759759759759--------
17/49 642,350712,692829,158766,688554,257565,397557,736571,355498,516378,770423,481520,309548,243569,420702,198795,749986,803975,806
17 158,274225,556303,167332,410121,705153,640160,928158,892165,94674,46868,18078,50320,544--13,26429,40644,560
170/4 158,274225,556303,167332,410121,705153,640160,928158,892165,94674,46868,18078,50320,544--13,26429,40644,560
42/48 484,077487,136525,991434,279432,552411,257396,808412,463332,570304,302354,742441,384527,644569,266700,168778,476954,814927,769
42 67,28376,70481,92079,15664,43657,18850,17740,51551,17639,80427,80622,0285,738-13,26416,14215,15415,010
43 251,504260,588279,273151,157150,493150,564175,367150,345100,22750,05850,116225,440272,486304,976348,617343,835443,755474,919
430/8 251,504260,588279,273151,157150,493150,564175,367150,345100,22750,05850,116225,440272,486304,976348,617343,835443,755474,919
44 60,32360,74369,99687,23399,16469,69547,258123,94566,99383,674106,036122,383135,661137,094102,270181,790240,053190,341
440/4 60,32360,74369,99687,23399,16469,69547,258123,94566,99383,674106,036122,383135,661137,094102,270181,790240,053190,341
45 44,78556,99153,79652,18954,23655,86548,47145,44544,20638,19940,95135,61549,53038,237144,603140,845159,988150,585
450/3 16,69828,23016,70129,46633,10735,38525,74324,46024,28921,88321,64516,34429,42020,133114,399123,500123,938121,749
454/9 28,08728,76037,09422,72421,12920,48022,72820,98419,91716,31619,30719,27120,11018,10330,20417,34436,05028,836
47/48 60,18232,11041,00764,54464,22377,94475,53552,21369,96892,568129,83235,91764,22988,95991,41495,86495,86496,914
492/3 -----500----560422551542,0304,0092,5833,477
Income statement
76A -158,210----3,83766310,5215,749198970--1,675-1,03115,012
9900 292,887372,000239,782370,117443,962369,372374,879294,701291,001324,434337,065308,943327,561292,554347,433347,312342,898366,637
62 203,772247,051253,479220,882203,923181,990200,110202,801182,817196,958180,136177,200178,909177,613204,412221,487260,204278,768
630 88,81598,979110,259111,599101,81988,74388,51480,51268,35265,40859,03048,92129,63629,22431,39937,09841,87749,845
631/4 ---27,500-5,20732,7071,225----5,3087,4157,299-28,403--14,994
640/8 11,03311,61611,82625,79310,30510,2126,6076,9026,6087,3637,15216,25025,52541,16520,8828,55511,40514,526
66A -------2,648-1,229-5184,5371,25587212,2218711,621
9901 -10,73414,354-108,28317,05195,20887,20279,6481,83733,22454,70585,43959,15886,19344,55262,33680,17229,4128,504
75/76B 1,25915,8396,1762,6243,4496,6554,2306,0107268,2492,1146,4912,9499,7745,7079,7588,21014,670
75 1,25915,8396,1762,6243,4496,6554,2306,0107262,4992,1146,4912,9499,7745,7079,7588,21014,670
76B ---------5,749--------
65/66B 34,22636,90635,30230,70925,50824,85825,23024,88824,75327,64030,21626,28937,50036,19750,04856,47654,53168,338
65 34,22636,90635,30230,70925,50824,85825,23024,88824,75326,41030,21626,28937,50036,19750,04856,47654,53168,338
66B ---------1,229--------
9903 -43,701-6,714-137,409-11,03473,14969,00058,648-17,0419,19735,31457,53439,81247,10516,87418,79921,233-15,965-41,773
67/77 357-1711,0162,39815,94113,280----3-88------
9904 -44,058-6,543-138,424-13,43257,20955,72058,648-17,0419,19735,31757,54339,80347,10516,87418,79921,233-15,965-41,773
9905 -44,058-6,543-138,424-13,43257,20955,72058,648-17,0419,19735,31757,54339,80347,10516,87418,79921,233-15,965-41,773
Appropriation of the result
9906 -44,058191,976198,519336,943350,375303,167247,447188,799205,840196,642161,325103,78263,979-433,955-450,829-469,629-490,861-474,896
14P -198,519336,943350,375293,167-------------
791/2 191,976------------450,829----
694/7 -----10,000------------
695 -----10,000------------
Social balance sheet
9087 55.85.95.86.15.95.85.75.75.85.75.45.57.27.48.79.812.5
Hours worked1013 5,9448,0878,7027,9967,7457,3968,3538,5568,3349,0738,0738,0588,25610,1339,51911,37512,90814,351
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The accounts for 26 older financial years (1982-2008) were filed as documents without figures as data, scans for example.

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 13-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2026 annual accounts filed 13 days after the deadline. Filed on 13 October 2026, deadline 30 September 2026 (7 months after the close on 28 February 2026, Companies Code art. 3:10). Source: NBB, 2026-00557676.

Financial year Type Filed Reference Document
28-02-2026 full format 13-10-2026 2026-00557676 PDF
28-02-2025 abbreviated format 30-09-2025 2025-00523299 PDF
29-02-2024 abbreviated format 11-10-2024 2024-00504935 PDF
28-02-2023 abbreviated format 25-10-2023 2023-00492113 PDF
28-02-2022 abbreviated format 19-10-2022 2022-20468319 PDF
28-02-2021 abbreviated format 27-10-2021 2021-73500583 PDF
28-02-2020 abbreviated format 27-11-2020 2020-72800069 PDF
28-02-2019 abbreviated format 31-10-2019 2019-72300471 PDF
28-02-2018 abbreviated format 10-10-2018 2018-69100167 PDF
28-02-2017 abbreviated format 29-09-2017 2017-64700463 PDF
28-02-2016 abbreviated format 28-10-2016 2016-66500590 PDF
28-02-2015 abbreviated format 15-10-2015 2015-64900218 PDF
28-02-2014 abbreviated format 01-10-2014 2014-62800452 PDF
28-02-2013 abbreviated format 31-10-2013 2013-65000531 PDF
29-02-2012 abbreviated format 31-10-2012 2012-62800133 PDF
28-02-2011 abbreviated format 13-10-2011 2011-57900371 PDF
28-02-2010 abbreviated format 23-09-2010 2010-55200077 PDF
28-02-2009 abbreviated format 20-10-2009 2009-82000149 PDF
28-02-2008 abbreviated format 15-10-2008 2008-77900156 PDF
28-02-2007 abbreviated format 20-07-2007 2007-43000243 PDF
28-02-2006 abbreviated format 28-07-2006 2006-57200780 PDF
28-02-2005 abbreviated format 30-06-2005 2005-39002229 PDF
29-02-2004 abbreviated format 02-07-2004 2004-39104448 PDF
28-02-2003 abbreviated format 25-08-2003 2003-63202915 PDF
28-02-2002 abbreviated format 27-09-2002 2002-59604232 PDF
28-02-2001 abbreviated format 07-09-2001 2001-55202763 PDF
29-02-2000 abbreviated format 30-08-2000 2000-54105325 PDF
28-02-1999 abbreviated format 26-08-1999 1999-42700718 PDF
28-02-1998 abbreviated format 17-07-1998 1998-33901011 PDF
31-12-1996 abbreviated format 18-06-1997 1997-17201672 PDF
31-12-1995 abbreviated format 25-06-1996 1996-22201658 PDF
31-12-1994 abbreviated format 30-06-1995 1995-33801016 PDF
31-12-1993 abbreviated format 15-06-1994 1994-15204444 PDF
31-12-1992 abbreviated format 30-06-1993 1993-19904449 PDF
31-12-1991 abbreviated format 30-06-1992 1992-18302761 PDF
31-12-1990 abbreviated format 06-06-1991 1991-08403813 PDF
31-12-1989 abbreviated format 29-06-1990 1990-13500276 PDF
31-12-1988 abbreviated format 05-06-1989 1989-06405349 PDF
31-12-1987 abbreviated format 17-06-1988 1988-08705284 PDF
31-12-1986 abbreviated format 11-06-1987 1987-09305122 PDF
31-12-1985 abbreviated format 16-06-1986 1986-14402198 PDF
31-12-1984 full format 18-06-1985 1985-13100021 PDF
31-12-1983 unclassified schema 02-07-1984 1984-08402194 PDF
31-12-1982 unclassified schema 15-06-1983 1983-05602432 PDF

Subsidies and aid

Flemish government 2023 to 2025, 3 entries, €8,603 awarded, €8,603 paid

Year Entries AwardedPaid
2025 1 €0€3,603
2024 1 €3,603€0
2023 1 €5,000€5,000

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202620252024202320222021202020192018201720162015201420132012201120102009
78,081113,3331,976128,650197,027175,946168,16282,350101,576120,113144,469108,079115,82973,77693,736117,27071,28958,349
44,75792,436-28,16698,166159,028144,464147,16163,47277,550100,726116,57388,72576,74146,09750,19958,33125,9128,072
13,04514,50747,925397,57185,049108,912141,866142,545202,74177,33455,687113,82247,40712,1146,13410,3901,58352,411
956-492-51,971-105,944122,463-30,70443,574-70,481-6,850-54,81570,136-26,37365,72227,02916,936-18,80620,818-
-5,52330,04812,939118,272207,730166,187147,423131,928217,555230,312197,678146,978107,20257,42224,865-4,157-37,383-45,664
36.3%36.5%33.4%42.0%50.6%47.5%45.5%41.6%45.9%52.2%47.2%38.2%33.9%29.2%23.7%20.0%15.3%16.6%
0.991.061.021.271.481.401.371.321.651.761.561.331.201.101.040.990.960.95
0.460.550.400.610.770.610.680.610.971.081.000.880.850.730.770.840.830.84
1.751.741.991.380.971.111.201.401.180.911.121.621.942.423.223.995.545.03
-12.0%-1.6%-33.2%-2.4%10.1%10.9%12.6%-4.2%2.2%8.5%15.2%12.4%16.7%7.2%8.6%10.6%-9.0%-21.5%
-4.4%-0.6%-11.1%-1.0%5.1%5.2%5.7%-1.7%1.0%4.4%7.2%4.7%5.7%2.1%2.0%2.1%-1.4%-3.6%
2.283.070.064.197.72-------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item28-02-202628-02-202529-02-202428-02-202328-02-2022
Employees at the balance-sheet date67777
full-time34444
part-time33333
in full-time equivalents4.75.75.75.75.7
55.85.95.86.1
On a permanent contract67777
Joined132-0
Left23211

Source: social balance sheet in the 2022 to 2026 annual accounts

Securities and guarantees

on own assets and for others
Item28-02-202628-02-202529-02-202428-02-202328-02-2022
Debts secured on the company's own assets-€552,260-€520,191-
Mortgages, amount registered€25,000€25,000---
€224,157€224,157-€305,000-
Carrying value of the mortgaged assets€497,612€555,831-€671,341-
€315,000€315,000-€215,000-

Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item28-02-202628-02-202529-02-202428-02-202328-02-2022
Tangible fixed assets€13,045€14,507€47,925€397,571€79,049
Intangible fixed assets----€6,000
€88,815€98,979€110,259€111,599€101,819

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on W.D. DIFFUSION

The operating result for 2026 is a loss of €10,734, after a profit of €14,354 in 2025.

Debt's share of the balance-sheet total rises from 63.5% to 63.7%. Equity and debt are lower.

Board & ownership

Board

4 directors, 1 in day-to-day management, last change in 2024
Director
in office according to the deed of 03-03-2020
listed in the 2026 annual accounts, filed on 13-10-2026
Director
appointed by deed of 03-03-2020
listed in the 2026 annual accounts, filed on 13-10-2026
Director
in office according to the deed of 14-11-2024
listed in the 2026 annual accounts, filed on 13-10-2026
Director and managing director
director in office according to the deed of 14-11-2024 managing director appointed by deed of 14-11-2024
listed in the 2026 annual accounts, filed on 13-10-2026
Pascal Depoortere

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
Pascal Depoortere
Director, Managing director
LeadershipBoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • PascalDepoortere
    • Director, since before 01-06-2018
    • Managing director, appointed by deed of 03-03-2020, last mentioned in 2020
  • MaximeDepoortere
    • Director, appointed by deed of 03-03-2020, still in office
  • Maxime Depoortere
    • Director, since before 28-02-2022
  • Pascal Depoortere
    • Director, since before 28-02-2022
    • Managing director, appointed by deed of 14-11-2024, still in office
  • GisèleChambart
    • Director, from before 01-06-2018, no longer listed in the 2026 annual accounts

See the board, name and registered office on a given date →

Control

Capital

Capital
€99,157.41
Source
2026 annual accounts

Network & group

No group

W.D. DIFFUSION has no parent and no holdings in its annual accounts. W.D. DIFFUSION shares no director with another company.

Timeline

Timeline

54 events since 1982

Deadline for the 2027 accounts: 30-09-2027

2026
Annual accounts 2026 filed NBBfull format · 13 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0422820723
2025
Annual accounts 2025 filed PDFabbreviated format · on the deadline day
2024
1 director appointed, 2 reappointmentsReappointments: Pascal Depoortere and Maxime Depoortere · Appointment: Pascal Depoortere (managing director) · General meeting of 14-09-20245 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFabbreviated format · 11 days late
Weakest financial year net -€138,424 The net result drops to -€138,424, the lowest from 2009 to 2026. It recovers the following year.
2023
Annual accounts 2023 filed PDFabbreviated format · 25 days late
2022
Annual accounts 2022 filed PDFabbreviated format · 19 days late
2021
Annual accounts 2021 filed PDFabbreviated format · 27 days late
Equity above €500,000 equity €511,353 ▲9.8% After 2 profitable years in a row, equity reaches €511,353.
2020
Annual accounts 2020 filed PDFabbreviated format · 60 days late
2 directors appointed, 2 reappointmentsReappointments: PascalDepoortere and GisèleChambart · Appointments: PascalDepoortere (managing director) and MaximeDepoortere · General meeting of 01-11-20187 points ▸
  • General meeting, 01-06-2018
  • Director reappointment, PascalDepoortere
  • Director reappointment, GisèleChambart
  • Board meeting, 01-06-2018
  • Director appointment, PascalDepoortere (managing director)
  • General meeting, 01-11-2018
  • Director appointment, MaximeDepoortere
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Back to profit net €58,648 The net result is €58,648, after one loss-making year.
2019
Annual accounts 2019 filed PDFabbreviated format · 31 days late
2018
Annual accounts 2018 filed PDFabbreviated format · 10 days late
2017
Annual accounts 2017 filed PDFabbreviated format · 1 day before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 30 days late
2015
Annual accounts 2015 filed PDFabbreviated format · 15 days late
2014
Annual accounts 2014 filed PDFabbreviated format · 1 day late
2013
Annual accounts 2013 filed PDFabbreviated format · 31 days late
2012
Annual accounts 2012 filed PDFabbreviated format · 31 days late
Equity above €200,000 equity €218,187 ▲9.4% After 2 profitable years in a row, equity reaches €218,187.
2011
Annual accounts 2011 filed PDFabbreviated format · 13 days late
Back to profit net €21,233 The net result is €21,233, after 2 loss-making years.
2010
Annual accounts 2010 filed PDFabbreviated format · 7 days before the deadline
2009
Annual accounts 2009 filed PDFabbreviated format · 20 days late
2008
Annual accounts 2008 filed PDFabbreviated format · 17 days late
2007
Annual accounts 2007 filed PDFabbreviated format · 72 days before the deadline
2006
Annual accounts 2006 filed PDFabbreviated format · 64 days before the deadline
2005
Annual accounts 2005 filed PDFabbreviated format
2004
Annual accounts 2004 filed PDFabbreviated format
2003
Annual accounts 2003 filed PDFabbreviated format
2002
Annual accounts 2002 filed PDFabbreviated format
2001
Annual accounts 2001 filed PDFabbreviated format
2000
Annual accounts 2000 filed PDFabbreviated format
1999
Annual accounts 1999 filed PDFabbreviated format
1998
Annual accounts 1998 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1988
Annual accounts 1987 filed PDFabbreviated format
1987
Annual accounts 1986 filed PDFabbreviated format
1986
Annual accounts 1985 filed PDFabbreviated format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
Incorporation KBO
First establishment Beselarestraat 52, Wervik

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 June 1982, W.D. DIFFUSION was incorporated.1 Total assets went from €979,099 in 2019 to €1.0m in 2026 and headcount from 5.7 to 5 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2026

Company details

Identity

Enterprise number
0422.820.723
VAT number
BE 0422.820.723
Peppol ID
0208:0422820723
Other Peppol ID
9925:BE0422820723
Legal form
Public limited company
Status
Active, normal situation
Founded
01-06-1982
Financial year
ends on 28 February
Peppol
Reachable since 02-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
W.D. DIFFUSION in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 28-02-2026
JC 109 Clothing and garment industry
JC 215 White-collar workers in the clothing and garment industry
Codes under NACEBEL 2008
VAT activities
46423 Wholesale of clothing, excluding workwear and underwear main activity
Social security (RSZ) activities
46423 Wholesale of clothing, excluding workwear and underwear main activity
Codes under NACEBEL 2003
VAT activities
51421 main activity
Social security (RSZ) activities
51421 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Oude Beselarestraat 52 registered office 8940 Wervik
Beselarestraat 52 8940 Wervik 01-01-1982 2.121.214.509

Buildings and parcels at the addresses

Ground area
2,853 m²
Buildings
1,463 m²
Volume, LiDAR
6,782 m³
Tallest building
15.2 m
Buildings to scale, each on its own parcel
1,319 m², 15.2 m 144 m², 11.7 m 1,319 m², 15.2 m 144 m², 11.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
33029A0611/00D0042,536 m² 1 · 1,319 m² 15.2 m · 1
33009C0957/00D013317 m² 1 · 144 m² 11.7 m · 3

Notices of general meetings

Ordinary general meeting
at the registered office · published on 05-05-2021
1. Verslag Raad van Bestuur 2. Goedkeuring jaarrekening per 28/02/2021 3. Bestemming van het resultaat 4. Kwijting aan de bestuurders 5. Allerlei
Ordinary general meeting
at the registered office · published on 25-05-2018
Agenda
1. Verslag Raad van Bestuur. 2. Goedkeuring jaarrekening per 28/02/2018. 3. Bestemming van het resultaat. 4. Kwijting aan de bestuurders. 5. Herbenoeming van de Bestuurders. 6. Allerlei.
Ordinary general meeting
at the registered office · published on 21-05-2015
1. Verslag raad van bestuur. 2. Goedkeuring jaarrekening per 28/02/2015. 3. Bestemming van het resultaat. 4. Kwijting aan de bestuurders. 5. Allerlei.