Losses
Every financial year from 2023 to 2026 closed with a loss. 2024 was the heaviest.
Every financial year from 2023 to 2026 closed with a loss. 2024 was the heaviest.
Between 2009 and 2026, 60% of the full-time equivalents disappeared.
Eight of the last ten came late. The 2020 accounts came latest: 60 days after the end of the period.
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).
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).
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.
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.
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 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.
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.
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.
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.
| 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.
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.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.4m. Estimated: probably between €1.1m and €2.1m.
Higher than 40% of 6,192 companies in 2025.
Higher than 17% of 6,112 companies in 2025.
Higher than 22% of 6,176 companies in 2025.
Staff costs divided by the average number of full-time equivalents.
In 2026, 1 person joined and 2 left.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
1.0m | 1.1m | 1.2m | 1.3m | 1.1m | 1.1m | 1.0m | 979,099 | 923,301 | 794,357 | 803,751 | 843,036 | 831,167 | 805,239 | 921,143 | 995,895 | 1.2m | 1.2m | |
21/28 |
529,901 | 605,671 | 706,933 | 769,267 | 483,295 | 500,065 | 479,897 | 434,708 | 373,175 | 259,743 | 251,332 | 254,675 | 196,321 | 178,551 | 196,110 | 221,576 | 248,285 | 288,579 | |
21 |
- | - | 1,394 | 4,236 | 8,688 | 6,378 | 9,688 | 8,818 | 3,237 | 961 | 300 | 600 | 2,245 | 3,890 | 4,035 | 5,380 | - | - | |
22/27 |
528,707 | 604,477 | 704,346 | 763,838 | 473,412 | 492,493 | 469,014 | 424,696 | 368,244 | 257,587 | 249,098 | 252,141 | 192,143 | 172,727 | 189,692 | 213,612 | 245,701 | 286,645 | |
22 |
432,115 | 483,651 | 532,784 | 579,630 | 354,793 | 365,679 | 383,879 | 348,203 | 301,745 | 162,889 | 151,159 | 160,959 | 160,211 | 167,101 | 183,474 | 208,512 | 235,317 | 263,434 | |
23 |
10,591 | 12,316 | 19,627 | 27,865 | 23,668 | 14,902 | 14,087 | 16,016 | 9,013 | 7,775 | 9,735 | 8,026 | 5,939 | 5,100 | 5,175 | 4,333 | 6,941 | 16,843 | |
24 |
20,504 | 29,851 | 37,192 | 36,183 | 35,957 | 40,100 | 46,792 | 33,319 | 28,952 | 34,684 | 22,789 | 4,528 | 263 | 526 | 1,042 | 768 | 3,443 | 6,368 | |
25 |
- | 6,479 | 17,449 | 28,449 | 39,449 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
65,497 | 72,179 | 97,294 | 91,711 | 19,545 | 21,363 | 24,256 | 27,157 | 28,534 | 31,282 | 34,024 | 36,773 | 25,730 | - | - | - | - | - | |
28 |
1,194 | 1,194 | 1,194 | 1,194 | 1,194 | 1,194 | 1,194 | 1,194 | 1,694 | 1,194 | 1,934 | 1,934 | 1,934 | 1,934 | 2,384 | 2,584 | 2,584 | 1,934 | |
29/58 |
478,554 | 517,184 | 538,930 | 552,550 | 640,282 | 577,444 | 544,231 | 544,391 | 550,125 | 534,614 | 552,420 | 588,362 | 634,846 | 626,688 | 725,032 | 774,319 | 917,431 | 882,105 | |
3 |
258,003 | 249,339 | 327,135 | 285,869 | 305,305 | 327,377 | 272,698 | 293,758 | 228,406 | 204,577 | 198,733 | 201,741 | 184,639 | 208,280 | 182,786 | 117,771 | 123,942 | 106,576 | |
30/36 |
258,003 | 249,339 | 327,135 | 285,869 | 305,305 | 327,377 | 272,698 | 293,758 | 228,406 | 204,577 | 198,733 | 201,741 | 184,639 | 208,280 | 182,786 | 117,771 | 123,942 | 106,576 | |
40/41 |
194,456 | 242,794 | 186,644 | 185,948 | 153,997 | 187,649 | 181,442 | 206,377 | 207,252 | 209,032 | 177,618 | 282,812 | 318,571 | 343,422 | 498,565 | 633,534 | 750,317 | 754,069 | |
40 |
190,325 | 226,038 | 173,005 | 161,387 | 134,259 | 169,099 | 165,694 | 202,884 | 201,038 | 202,955 | 171,748 | 259,474 | 289,591 | 318,280 | 381,940 | 518,834 | 640,760 | 640,763 | |
41 |
4,131 | 16,756 | 13,639 | 24,561 | 19,739 | 18,550 | 15,748 | 3,492 | 6,214 | 6,077 | 5,871 | 23,339 | 28,980 | 25,142 | 116,626 | 114,700 | 109,557 | 113,306 | |
54/58 |
17,335 | 16,379 | 16,871 | 68,842 | 174,786 | 52,323 | 83,027 | 39,453 | 109,934 | 116,783 | 171,598 | 101,462 | 127,835 | 62,113 | 35,085 | 18,149 | 36,955 | 16,137 | |
490/1 |
8,760 | 8,671 | 8,281 | 11,891 | 6,195 | 10,094 | 7,065 | 4,804 | 4,534 | 4,223 | 4,470 | 2,346 | 3,800 | 12,873 | 8,597 | 4,865 | 6,217 | 5,323 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
1.0m | 1.1m | 1.2m | 1.3m | 1.1m | 1.1m | 1.0m | 979,099 | 923,301 | 794,357 | 803,751 | 843,036 | 831,167 | 805,239 | 921,143 | 995,895 | 1.2m | 1.2m | |
10/15 |
366,104 | 410,162 | 416,705 | 555,130 | 568,562 | 511,353 | 465,633 | 406,985 | 424,026 | 414,829 | 379,511 | 321,969 | 282,165 | 235,060 | 218,187 | 199,387 | 178,155 | 194,120 | |
10/11 |
99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | |
10 |
99,157 | 99,157 | 99,157 | 99,157 | 99,157 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | 99,157 | |
13 |
119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 119,029 | 569,859 | 569,859 | 569,859 | 569,859 | |
130/1 |
9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | 9,916 | |
132 |
2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | |
133 |
106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 106,139 | 556,968 | 556,968 | 556,968 | 556,968 | |
14 |
147,918 | 191,976 | 198,519 | 336,943 | 350,375 | 293,167 | 247,447 | 188,799 | 205,840 | 196,642 | 161,325 | 103,782 | 63,979 | 16,874 | -450,829 | -469,629 | -490,861 | -474,896 | |
16 |
- | - | - | - | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 758 | 758 | |
160/5 |
- | - | - | - | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 759 | 758 | 758 | |
164/5 |
- | - | - | - | 759 | 759 | 759 | 759 | 759 | 759 | - | - | - | - | - | - | - | - | |
17/49 |
642,350 | 712,692 | 829,158 | 766,688 | 554,257 | 565,397 | 557,736 | 571,355 | 498,516 | 378,770 | 423,481 | 520,309 | 548,243 | 569,420 | 702,198 | 795,749 | 986,803 | 975,806 | |
17 |
158,274 | 225,556 | 303,167 | 332,410 | 121,705 | 153,640 | 160,928 | 158,892 | 165,946 | 74,468 | 68,180 | 78,503 | 20,544 | - | - | 13,264 | 29,406 | 44,560 | |
170/4 |
158,274 | 225,556 | 303,167 | 332,410 | 121,705 | 153,640 | 160,928 | 158,892 | 165,946 | 74,468 | 68,180 | 78,503 | 20,544 | - | - | 13,264 | 29,406 | 44,560 | |
42/48 |
484,077 | 487,136 | 525,991 | 434,279 | 432,552 | 411,257 | 396,808 | 412,463 | 332,570 | 304,302 | 354,742 | 441,384 | 527,644 | 569,266 | 700,168 | 778,476 | 954,814 | 927,769 | |
42 |
67,283 | 76,704 | 81,920 | 79,156 | 64,436 | 57,188 | 50,177 | 40,515 | 51,176 | 39,804 | 27,806 | 22,028 | 5,738 | - | 13,264 | 16,142 | 15,154 | 15,010 | |
43 |
251,504 | 260,588 | 279,273 | 151,157 | 150,493 | 150,564 | 175,367 | 150,345 | 100,227 | 50,058 | 50,116 | 225,440 | 272,486 | 304,976 | 348,617 | 343,835 | 443,755 | 474,919 | |
430/8 |
251,504 | 260,588 | 279,273 | 151,157 | 150,493 | 150,564 | 175,367 | 150,345 | 100,227 | 50,058 | 50,116 | 225,440 | 272,486 | 304,976 | 348,617 | 343,835 | 443,755 | 474,919 | |
44 |
60,323 | 60,743 | 69,996 | 87,233 | 99,164 | 69,695 | 47,258 | 123,945 | 66,993 | 83,674 | 106,036 | 122,383 | 135,661 | 137,094 | 102,270 | 181,790 | 240,053 | 190,341 | |
440/4 |
60,323 | 60,743 | 69,996 | 87,233 | 99,164 | 69,695 | 47,258 | 123,945 | 66,993 | 83,674 | 106,036 | 122,383 | 135,661 | 137,094 | 102,270 | 181,790 | 240,053 | 190,341 | |
45 |
44,785 | 56,991 | 53,796 | 52,189 | 54,236 | 55,865 | 48,471 | 45,445 | 44,206 | 38,199 | 40,951 | 35,615 | 49,530 | 38,237 | 144,603 | 140,845 | 159,988 | 150,585 | |
450/3 |
16,698 | 28,230 | 16,701 | 29,466 | 33,107 | 35,385 | 25,743 | 24,460 | 24,289 | 21,883 | 21,645 | 16,344 | 29,420 | 20,133 | 114,399 | 123,500 | 123,938 | 121,749 | |
454/9 |
28,087 | 28,760 | 37,094 | 22,724 | 21,129 | 20,480 | 22,728 | 20,984 | 19,917 | 16,316 | 19,307 | 19,271 | 20,110 | 18,103 | 30,204 | 17,344 | 36,050 | 28,836 | |
47/48 |
60,182 | 32,110 | 41,007 | 64,544 | 64,223 | 77,944 | 75,535 | 52,213 | 69,968 | 92,568 | 129,832 | 35,917 | 64,229 | 88,959 | 91,414 | 95,864 | 95,864 | 96,914 | |
492/3 |
- | - | - | - | - | 500 | - | - | - | - | 560 | 422 | 55 | 154 | 2,030 | 4,009 | 2,583 | 3,477 | |
| Income statement | |||||||||||||||||||
76A |
- | 158,210 | - | - | - | - | 3,837 | 663 | 10,521 | 5,749 | 198 | 970 | - | - | 1,675 | - | 1,031 | 15,012 | |
9900 |
292,887 | 372,000 | 239,782 | 370,117 | 443,962 | 369,372 | 374,879 | 294,701 | 291,001 | 324,434 | 337,065 | 308,943 | 327,561 | 292,554 | 347,433 | 347,312 | 342,898 | 366,637 | |
62 |
203,772 | 247,051 | 253,479 | 220,882 | 203,923 | 181,990 | 200,110 | 202,801 | 182,817 | 196,958 | 180,136 | 177,200 | 178,909 | 177,613 | 204,412 | 221,487 | 260,204 | 278,768 | |
630 |
88,815 | 98,979 | 110,259 | 111,599 | 101,819 | 88,743 | 88,514 | 80,512 | 68,352 | 65,408 | 59,030 | 48,921 | 29,636 | 29,224 | 31,399 | 37,098 | 41,877 | 49,845 | |
631/4 |
- | - | -27,500 | -5,207 | 32,707 | 1,225 | - | - | - | - | 5,308 | 7,415 | 7,299 | - | 28,403 | - | - | 14,994 | |
640/8 |
11,033 | 11,616 | 11,826 | 25,793 | 10,305 | 10,212 | 6,607 | 6,902 | 6,608 | 7,363 | 7,152 | 16,250 | 25,525 | 41,165 | 20,882 | 8,555 | 11,405 | 14,526 | |
66A |
- | - | - | - | - | - | - | 2,648 | - | 1,229 | - | 518 | 4,537 | 1,255 | 872 | 12,221 | 87 | 11,621 | |
9901 |
-10,734 | 14,354 | -108,283 | 17,051 | 95,208 | 87,202 | 79,648 | 1,837 | 33,224 | 54,705 | 85,439 | 59,158 | 86,193 | 44,552 | 62,336 | 80,172 | 29,412 | 8,504 | |
75/76B |
1,259 | 15,839 | 6,176 | 2,624 | 3,449 | 6,655 | 4,230 | 6,010 | 726 | 8,249 | 2,114 | 6,491 | 2,949 | 9,774 | 5,707 | 9,758 | 8,210 | 14,670 | |
75 |
1,259 | 15,839 | 6,176 | 2,624 | 3,449 | 6,655 | 4,230 | 6,010 | 726 | 2,499 | 2,114 | 6,491 | 2,949 | 9,774 | 5,707 | 9,758 | 8,210 | 14,670 | |
76B |
- | - | - | - | - | - | - | - | - | 5,749 | - | - | - | - | - | - | - | - | |
65/66B |
34,226 | 36,906 | 35,302 | 30,709 | 25,508 | 24,858 | 25,230 | 24,888 | 24,753 | 27,640 | 30,216 | 26,289 | 37,500 | 36,197 | 50,048 | 56,476 | 54,531 | 68,338 | |
65 |
34,226 | 36,906 | 35,302 | 30,709 | 25,508 | 24,858 | 25,230 | 24,888 | 24,753 | 26,410 | 30,216 | 26,289 | 37,500 | 36,197 | 50,048 | 56,476 | 54,531 | 68,338 | |
66B |
- | - | - | - | - | - | - | - | - | 1,229 | - | - | - | - | - | - | - | - | |
9903 |
-43,701 | -6,714 | -137,409 | -11,034 | 73,149 | 69,000 | 58,648 | -17,041 | 9,197 | 35,314 | 57,534 | 39,812 | 47,105 | 16,874 | 18,799 | 21,233 | -15,965 | -41,773 | |
67/77 |
357 | -171 | 1,016 | 2,398 | 15,941 | 13,280 | - | - | - | -3 | -8 | 8 | - | - | - | - | - | - | |
9904 |
-44,058 | -6,543 | -138,424 | -13,432 | 57,209 | 55,720 | 58,648 | -17,041 | 9,197 | 35,317 | 57,543 | 39,803 | 47,105 | 16,874 | 18,799 | 21,233 | -15,965 | -41,773 | |
9905 |
-44,058 | -6,543 | -138,424 | -13,432 | 57,209 | 55,720 | 58,648 | -17,041 | 9,197 | 35,317 | 57,543 | 39,803 | 47,105 | 16,874 | 18,799 | 21,233 | -15,965 | -41,773 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-44,058 | 191,976 | 198,519 | 336,943 | 350,375 | 303,167 | 247,447 | 188,799 | 205,840 | 196,642 | 161,325 | 103,782 | 63,979 | -433,955 | -450,829 | -469,629 | -490,861 | -474,896 | |
14P |
- | 198,519 | 336,943 | 350,375 | 293,167 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
191,976 | - | - | - | - | - | - | - | - | - | - | - | - | 450,829 | - | - | - | - | |
694/7 |
- | - | - | - | - | 10,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | 10,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
5 | 5.8 | 5.9 | 5.8 | 6.1 | 5.9 | 5.8 | 5.7 | 5.7 | 5.8 | 5.7 | 5.4 | 5.5 | 7.2 | 7.4 | 8.7 | 9.8 | 12.5 | |
Hours worked1013 |
5,944 | 8,087 | 8,702 | 7,996 | 7,745 | 7,396 | 8,353 | 8,556 | 8,334 | 9,073 | 8,073 | 8,058 | 8,256 | 10,133 | 9,519 | 11,375 | 12,908 | 14,351 | |
| Document | |||||||||||||||||||
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.
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 | |
| 28-02-2025 | abbreviated format | 30-09-2025 | 2025-00523299 | |
| 29-02-2024 | abbreviated format | 11-10-2024 | 2024-00504935 | |
| 28-02-2023 | abbreviated format | 25-10-2023 | 2023-00492113 | |
| 28-02-2022 | abbreviated format | 19-10-2022 | 2022-20468319 | |
| 28-02-2021 | abbreviated format | 27-10-2021 | 2021-73500583 | |
| 28-02-2020 | abbreviated format | 27-11-2020 | 2020-72800069 | |
| 28-02-2019 | abbreviated format | 31-10-2019 | 2019-72300471 | |
| 28-02-2018 | abbreviated format | 10-10-2018 | 2018-69100167 | |
| 28-02-2017 | abbreviated format | 29-09-2017 | 2017-64700463 | |
| 28-02-2016 | abbreviated format | 28-10-2016 | 2016-66500590 | |
| 28-02-2015 | abbreviated format | 15-10-2015 | 2015-64900218 | |
| 28-02-2014 | abbreviated format | 01-10-2014 | 2014-62800452 | |
| 28-02-2013 | abbreviated format | 31-10-2013 | 2013-65000531 | |
| 29-02-2012 | abbreviated format | 31-10-2012 | 2012-62800133 | |
| 28-02-2011 | abbreviated format | 13-10-2011 | 2011-57900371 | |
| 28-02-2010 | abbreviated format | 23-09-2010 | 2010-55200077 | |
| 28-02-2009 | abbreviated format | 20-10-2009 | 2009-82000149 | |
| 28-02-2008 | abbreviated format | 15-10-2008 | 2008-77900156 | |
| 28-02-2007 | abbreviated format | 20-07-2007 | 2007-43000243 | |
| 28-02-2006 | abbreviated format | 28-07-2006 | 2006-57200780 | |
| 28-02-2005 | abbreviated format | 30-06-2005 | 2005-39002229 | |
| 29-02-2004 | abbreviated format | 02-07-2004 | 2004-39104448 | |
| 28-02-2003 | abbreviated format | 25-08-2003 | 2003-63202915 | |
| 28-02-2002 | abbreviated format | 27-09-2002 | 2002-59604232 | |
| 28-02-2001 | abbreviated format | 07-09-2001 | 2001-55202763 | |
| 29-02-2000 | abbreviated format | 30-08-2000 | 2000-54105325 | |
| 28-02-1999 | abbreviated format | 26-08-1999 | 1999-42700718 | |
| 28-02-1998 | abbreviated format | 17-07-1998 | 1998-33901011 | |
| 31-12-1996 | abbreviated format | 18-06-1997 | 1997-17201672 | |
| 31-12-1995 | abbreviated format | 25-06-1996 | 1996-22201658 | |
| 31-12-1994 | abbreviated format | 30-06-1995 | 1995-33801016 | |
| 31-12-1993 | abbreviated format | 15-06-1994 | 1994-15204444 | |
| 31-12-1992 | abbreviated format | 30-06-1993 | 1993-19904449 | |
| 31-12-1991 | abbreviated format | 30-06-1992 | 1992-18302761 | |
| 31-12-1990 | abbreviated format | 06-06-1991 | 1991-08403813 | |
| 31-12-1989 | abbreviated format | 29-06-1990 | 1990-13500276 | |
| 31-12-1988 | abbreviated format | 05-06-1989 | 1989-06405349 | |
| 31-12-1987 | abbreviated format | 17-06-1988 | 1988-08705284 | |
| 31-12-1986 | abbreviated format | 11-06-1987 | 1987-09305122 | |
| 31-12-1985 | abbreviated format | 16-06-1986 | 1986-14402198 | |
| 31-12-1984 | full format | 18-06-1985 | 1985-13100021 | |
| 31-12-1983 | unclassified schema | 02-07-1984 | 1984-08402194 | |
| 31-12-1982 | unclassified schema | 15-06-1983 | 1983-05602432 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €3,603 |
| 2024 | 1 | €3,603 | €0 |
| 2023 | 1 | €5,000 | €5,000 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 78,081 | 113,333 | 1,976 | 128,650 | 197,027 | 175,946 | 168,162 | 82,350 | 101,576 | 120,113 | 144,469 | 108,079 | 115,829 | 73,776 | 93,736 | 117,270 | 71,289 | 58,349 | ||
| 44,757 | 92,436 | -28,166 | 98,166 | 159,028 | 144,464 | 147,161 | 63,472 | 77,550 | 100,726 | 116,573 | 88,725 | 76,741 | 46,097 | 50,199 | 58,331 | 25,912 | 8,072 | ||
| 13,045 | 14,507 | 47,925 | 397,571 | 85,049 | 108,912 | 141,866 | 142,545 | 202,741 | 77,334 | 55,687 | 113,822 | 47,407 | 12,114 | 6,134 | 10,390 | 1,583 | 52,411 | ||
| 956 | -492 | -51,971 | -105,944 | 122,463 | -30,704 | 43,574 | -70,481 | -6,850 | -54,815 | 70,136 | -26,373 | 65,722 | 27,029 | 16,936 | -18,806 | 20,818 | - | ||
| -5,523 | 30,048 | 12,939 | 118,272 | 207,730 | 166,187 | 147,423 | 131,928 | 217,555 | 230,312 | 197,678 | 146,978 | 107,202 | 57,422 | 24,865 | -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% | ||
| 0.99 | 1.06 | 1.02 | 1.27 | 1.48 | 1.40 | 1.37 | 1.32 | 1.65 | 1.76 | 1.56 | 1.33 | 1.20 | 1.10 | 1.04 | 0.99 | 0.96 | 0.95 | ||
| 0.46 | 0.55 | 0.40 | 0.61 | 0.77 | 0.61 | 0.68 | 0.61 | 0.97 | 1.08 | 1.00 | 0.88 | 0.85 | 0.73 | 0.77 | 0.84 | 0.83 | 0.84 | ||
| 1.75 | 1.74 | 1.99 | 1.38 | 0.97 | 1.11 | 1.20 | 1.40 | 1.18 | 0.91 | 1.12 | 1.62 | 1.94 | 2.42 | 3.22 | 3.99 | 5.54 | 5.03 | ||
| -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% | ||
| 2.28 | 3.07 | 0.06 | 4.19 | 7.72 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 28-02-2026 | 28-02-2025 | 29-02-2024 | 28-02-2023 | 28-02-2022 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 7 | 7 | 7 | 7 |
| full-time | 3 | 4 | 4 | 4 | 4 |
| part-time | 3 | 3 | 3 | 3 | 3 |
| in full-time equivalents | 4.7 | 5.7 | 5.7 | 5.7 | 5.7 |
| 5 | 5.8 | 5.9 | 5.8 | 6.1 | |
| On a permanent contract | 6 | 7 | 7 | 7 | 7 |
| Joined | 1 | 3 | 2 | - | 0 |
| Left | 2 | 3 | 2 | 1 | 1 |
Source: social balance sheet in the 2022 to 2026 annual accounts
| Item | 28-02-2026 | 28-02-2025 | 29-02-2024 | 28-02-2023 | 28-02-2022 |
|---|---|---|---|---|---|
| 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)
| Item | 28-02-2026 | 28-02-2025 | 29-02-2024 | 28-02-2023 | 28-02-2022 |
|---|---|---|---|---|---|
| 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)
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.
W.D. DIFFUSION has no parent and no holdings in its annual accounts. W.D. DIFFUSION shares no director with another company.
Deadline for the 2027 accounts: 30-09-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Oude Beselarestraat 52 registered office 8940 Wervik | ||
| Beselarestraat 52 8940 Wervik | 01-01-1982 | 2.121.214.509 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 33029A0611/00D004 | 2,536 m² | 1 · 1,319 m² | 15.2 m · 1 |
| 33009C0957/00D013 | 317 m² | 1 · 144 m² | 11.7 m · 3 |
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