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W.D.S.

Active
Public limited companyfounded 199036 yrs activeKoekoeksdreef 55, 2970 Schilde, BelgiumKBO/BCE: BE 0441.355.938
Summary

W.D.S. has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,921 and a net result of €6,792. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 95% of 980 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability56▼-16
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 29.56 against 29.92 in 2024; short-term debt: 3.4% and cash: 88.7% of total assets), and 4.2% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
95.8%
Return on assets
7.5%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €86,921
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 d early
2024
50 d early
2023
40 d early
2022
35 d early
2021
75 d early
2020
60 d early
2019
92 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 56 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 19 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 July 1990, W.D.S. was incorporated.1 Total assets went from EUR 100,511 in 2019 to EUR 90,741 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€86,921▲ 8.5%
2024 · €80,129
Total assets
€90,741▲ 8.7%
2024 · €83,469
Net result
€6,792▼ 40.4%
2024 · €11,399
Working capital
€87,670▲ 8.7%
2024 · €80,679
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at 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 52, Warehousing and support activities for transportation, 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
Line20212022202320242025
Operating result-€3,829▲ 57.2%€10,816-€8,983€11,752€6,256▼ 46.8%
Net result-€4,430below the sector's middle half▲ 53.7%€10,404within the sector's middle half-€9,284below the sector's middle half€11,399within the sector's middle half€6,792within the sector's middle half▼ 40.4%
Equity€67,610within the sector's middle half▼ 6.1%€78,014within the sector's middle half▲ 15.4%€68,730within the sector's middle half▼ 11.9%€80,129within the sector's middle half▲ 16.6%€86,921within the sector's middle half▲ 8.5%
Total assets€77,245within the sector's middle half▼ 13.1%€81,214within the sector's middle half▲ 5.1%€72,031within the sector's middle half▼ 11.3%€83,469within the sector's middle half▲ 15.9%€90,741within the sector's middle half▲ 8.7%
Debt€9,635▼ 42.8%€3,200▼ 66.8%€3,300▲ 3.1%€3,340▲ 1.2%€3,820▲ 14.4%
Working capital€68,160within the sector's middle half▼ 2.6%€78,564within the sector's middle half▲ 15.3%€69,280within the sector's middle half▼ 11.8%€80,679within the sector's middle half▲ 16.5%€87,670within the sector's middle half▲ 8.7%
Solvency87.5%above the sector's middle half▲ 6.5pp96.1%above the sector's middle half▲ 8.5pp95.4%above the sector's middle half▼ 0.6pp96.0%above the sector's middle half▲ 0.6pp95.8%above the sector's middle half▼ 0.2pp
Current ratio8.50above the sector's middle half▲ 2.4130.65above the sector's middle half▲ 22.1426.19above the sector's middle half▼ 4.4629.92above the sector's middle half▲ 3.7329.56above the sector's middle half▼ 0.37
Return on assets (ROA)-5.7%below the sector's middle half▲ 5.0pp12.8%within the sector's middle half▲ 18.5pp-12.9%below the sector's middle half▼ 25.7pp13.7%within the sector's middle half▲ 26.5pp7.5%within the sector's middle half▼ 6.2pp
above within below the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2021: -€3,829-€3,829Net result 2021: -€4,430-€4,430Operating result 2022: €10,816€10,816Net result 2022: €10,404€10,404Operating result 2023: -€8,983-€8,983Net result 2023: -€9,284-€9,284Operating result 2024: €11,752€11,752Net result 2024: €11,399€11,399Operating result 2025: €6,256€6,256Net result 2025: €6,792€6,79220212022202320242025-€10,000€0€10,000Operating result 2023: -€8,983-€8,980Net result 2023: -€9,284-€9,280Operating result 2024: €11,752€11,800Net result 2024: €11,399€11,400Operating result 2025: €6,256€6,260Net result 2025: €6,792€6,790202320242025
The operating result falls in 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €90,741
Equity €86,921 ▲ 8.5%
Debt €3,820 ▲ 14.4%
Debt's share of the balance-sheet total rises from 4.0% to 4.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.04▲
2024 · 0.04
ROE
7.8%▼
2024 · 14.2%
Debt ≤ 1 year
€3,070▲
2024 · €2,790
Income taxes
€149▼
2024 · €152
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

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

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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 31,371 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€83,469€90,741▲
Current assets29/58€83,469€90,741▲
Amounts receivable within one year40/41€4,335€7,288▲
Trade receivables40€3,972€4,868▲
Other amounts receivable41€363€2,420▲
Cash at bank and in hand54/58€76,237€80,462▲
Deferred charges and accrued income490/1€2,897€2,991▲
Equity and liabilities
Total equity and liabilities10/49€83,469€90,741▲
Equity10/15€80,129€86,921▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€79,700€79,700=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€73,500€73,500=
Profit (loss) carried forward14-€61,571-€54,779▲
Amounts payable17/49€3,340€3,820▲
Amounts payable within one year42/48€2,790€3,070▲
Trade debts44€217€527▲
Suppliers440/4€217€527▲
Taxes, remuneration and social security45€2,573€2,543▼
Taxes450/3€2,573€2,543▼
Accrued charges and deferred income492/3€550€750▲
Income statement Code20242025
Other operating charges640/8€837€839▲
Gross operating margin9900€12,589€7,095▼
Operating profit (loss)9901€11,752€6,256▼
Financial income75/76B-€753
Recurring financial income75-€753
Financial charges65/66B€201€68▼
Recurring financial charges65€201€68▼
Profit (loss) for the period before taxes9903€11,551€6,941▼
Income taxes67/77€152€149▼
Profit (loss) for the period9904€11,399€6,792▼
Profit (loss) for the period to be appropriated9905€11,399€6,792▼
Appropriation of the result
Profit (loss) to be appropriated9906-€61,571-€54,779▲
Profit (loss) brought forward from the previous period14P-€72,970-€61,571▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,162-----
Other operating charges640/8-€726€1,253€837€839▲ 0.2%
Gross operating margin9900€2,055€11,542-€7,731€12,589€7,095▼ 43.6%
Operating profit (loss)9901-€3,829€10,816-€8,983€11,752€6,256▼ 46.8%
Financial income75/76B----€753-
Recurring financial income75----€753-
Financial charges65/66B-€278€157€201€68▼ 66.3%
Recurring financial charges65€471€278€157€201€68▼ 66.3%
Profit (loss) for the period before taxes9903-€4,300€10,538-€9,140€11,551€6,941▼ 39.9%
Income taxes67/77€130€134€143€152€149▼ 1.7%
Profit (loss) for the period9904-€4,430€10,404-€9,284€11,399€6,792▼ 40.4%
Profit (loss) for the period to be appropriated9905-€4,430€10,404-€9,284€11,399€6,792▼ 40.4%
Line20212022202320242025Change
Assets
Total assets20/58€77,245€81,214€72,031€83,469€90,741▲ 8.7%
Current assets29/58€77,245€81,214€72,031€83,469€90,741▲ 8.7%
Amounts receivable within one year40/41€4,927€2,214€602€4,335€7,288▲ 68.1%
Trade receivables40-€2,214€602€3,972€4,868▲ 22.6%
Other amounts receivable41---€363€2,420▲ 567%
Cash at bank and in hand54/58€71,456€78,313€69,660€76,237€80,462▲ 5.5%
Deferred charges and accrued income490/1-€687€1,770€2,897€2,991▲ 3.3%
Equity and liabilities
Total equity and liabilities10/49€77,245€81,214€72,031€83,469€90,741▲ 8.7%
Equity10/15€67,610€78,014€68,730€80,129€86,921▲ 8.5%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10-€62,000€62,000€62,000€62,000=
Issued capital100-€62,000€62,000€62,000€62,000=
Reserves13€79,700€79,700€79,700€79,700€79,700=
Non-distributable reserves130/1-€6,200€6,200€6,200€6,200=
Legal reserve130-€6,200€6,200€6,200€6,200=
Distributable reserves133-€73,500€73,500€73,500€73,500=
Profit (loss) carried forward14-€74,090-€63,686-€72,970-€61,571-€54,779▲ 11.0%
Amounts payable17/49€9,635€3,200€3,300€3,340€3,820▲ 14.4%
Amounts payable within one year42/48€9,085€2,650€2,750€2,790€3,070▲ 10.1%
Trade debts44€375€400€727€217€527▲ 143%
Suppliers440/4-€400€727€217€527▲ 143%
Taxes, remuneration and social security45-€793€1,521€2,573€2,543▼ 1.1%
Taxes450/3-€793€1,521€2,573€2,543▼ 1.1%
Other amounts payable47/48-€1,457€503---
Accrued charges and deferred income492/3-€550€550€550€750▲ 36.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,430€10,404-€9,284€11,399€6,792▼ 40.4%
+ Depreciation and write-downs630€5,162-----
Operating cash flow (approximation)€732€10,404-€9,284€11,399€6,792▼ 40.4%
Change in cash-€6,857-€8,653€6,578€4,224▼ 35.8%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
19-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
12-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Back to profitnet €11,399
Net result €11,399 after one loss-making year.
2023
22-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
27-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Back to profitnet €10,404
Net result €10,404 after 3 loss-making years.
30-06
Financial Liquidity quadruplescurrent ratio 30.65
Current ratio from 8.50 to 30.65; short-term debt falls from €9,085 to €2,650.
2021
17-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
02-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Weakest financial yearnet -€9,575
Net result drops to -€9,575, the lowest in the series; recovery starts the following year.
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
18-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
2,107 m²
Building footprint
173 m²
Volume, LiDAR
1,444 m³
Parcel 11922B0117/00P000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
W.D.S.
Koekoeksdreef 55, 2970 SchildeAir transport
since 19902.102.794.803
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11922B0117/00P000 Flanders 2,106 m² 1 · 173 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,187 companies in sector 52250 we hold annual accounts for 1,963. 1,310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-07-1990
Fiscal year end30-06
Activities, NACEBEL 2025
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441355938
Also 9925:BE0441355938
Registered 26-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.