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W.E.BBZ

Active
Private limited companyfounded 201313 yrs activeWilgenlaan 31, 8610 Kortemark, BelgiumKBO/BCE: BE 0534.495.536
Summary

W.E.BBZ has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €145k and a net result of €-28k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 13.92 against 9.86 in 2023; short-term debt: 6.8% and cash: 93% of total assets), and 9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
91%
Return on assets
-17.8%
Age of the figures
21 mo
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 13 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-28k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 d early
2023
12 d early
2022
34 d early
2021
27 d early
2020
30 d early
2019
28 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2024, micro schema

Equity
€145k▼ 16.4%
2023 · €173k
Total assets
€159k▼ 16.7%
2023 · €191k
Net result
€-28k▲ 1.0%
2023 · €-29k
Working capital
€139k▼ 11.7%
2023 · €158k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€37k▲ 17.6%€71k▲ 95.1%€22k▼ 68.5%€-27k€-29k▼ 5.0%
Net result€24k▲ 20.9%€50k▲ 105%€14k▼ 71.5%€-29k€-28k▲ 1.0%
Equity€141k▲ 19.1%€189k▲ 34.1%€202k▲ 6.6%€173k▼ 14.2%€145k▼ 16.4%
Total assets€169k▲ 17.4%€246k▲ 45.4%€234k▼ 4.9%€191k▼ 18.2%€159k▼ 16.7%
Debt€28k▲ 9.7%€57k▲ 103%€32k▼ 43.7%€18k▼ 43.7%€14k▼ 20.5%
Working capital€141k▲ 19.1%€168k▲ 18.9%€183k▲ 8.7%€158k▼ 13.7%€139k▼ 11.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50k€75kOperating result 2020: €37k€37kNet result 2020: €24k€24kOperating result 2021: €71k€71kNet result 2021: €50k€50kOperating result 2022: €22k€22kNet result 2022: €14k€14kOperating result 2023: €-27k€-27kNet result 2023: €-29k€-29kOperating result 2024: €-29k€-29kNet result 2024: €-28k€-28k20202021202220232024€-40k€-20k€0€20kOperating result 2022: €22k€22kNet result 2022: €14k€14kOperating result 2023: €-27k€-27kNet result 2023: €-29k€-29kOperating result 2024: €-29k€-29kNet result 2024: €-28k€-28k202220232024
The operating result stays negative: a loss of €29k in 2024 against €27k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159k
Fixed assets €9k ▼ 41.1%
Current assets €150k ▼ 14.5%
Equity and liabilities €159k
Equity €145k ▼ 16.4%
Debt €14k ▼ 20.5%
Debt's share of the balance-sheet total falls from 9.4% to 9.0%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-22k▼
2023 · €-21k
Cash flow
€-22k▲
2023 · €-22k
Current ratio
13.92▲
2023 · 9.86
Debt to equity
0.10▼
2023 · 0.10
ROE
-19.6%▼
2023 · -16.5%
ROA
-17.8%▼
2023 · -15.0%
Interest coverage
-37.01▼
2023 · -22.02
Debt ≤ 1 year
€11k▼
2023 · €18k
Income taxes
€383▼
2023 · €432
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€191k€159k▼
Fixed assets21/28€16k€9k▼
Tangible fixed assets22/27€16k€9k▼
Furniture and vehicles24€16k€9k▼
Current assets29/58€176k€150k▼
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€6k-
Other amounts receivable41€51€1k▲
Cash at bank and in hand54/58€168k€148k▼
Deferred charges and accrued income490/1€1k€550▼
Equity and liabilities
Total equity and liabilities10/49€191k€159k▼
Equity10/15€173k€145k▼
Contributions10/11€6k€6k=
Reserves13€167k€139k▼
Distributable reserves133€167k€139k▼
Amounts payable17/49€18k€14k▼
Amounts payable within one year42/48€18k€11k▼
Current portion of amounts payable after more than one year42€3k-
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€5k€419▼
Taxes450/3€2k€419▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€7k€7k▲
Accrued charges and deferred income492/3€163€4k▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€626€793▲
Gross operating margin9900€-20k€-21k▼
Operating profit (loss)9901€-27k€-29k▼
Financial income75/76B€45€1k▲
Recurring financial income75€45€1k▲
Financial charges65/66B€944€599▼
Recurring financial charges65€944€599▼
Profit (loss) for the period before taxes9903€-28k€-28k▲
Income taxes67/77€432€383▼
Profit (loss) for the period9904€-29k€-28k▲
Profit (loss) for the period to be appropriated9905€-29k€-28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-28k▲
Transfer from equity791/2€29k€28k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k€7k€7k€7k=
Other operating charges640/8-€1k€517€626€793▲ 26.7%
Gross operating margin9900€39k€76k€30k€-20k€-21k▼ 6.0%
Operating profit (loss)9901€37k€71k€22k€-27k€-29k▼ 5.0%
Financial income75/76B--€0€45€1k▲ 2,816%
Recurring financial income75€0-€0€45€1k▲ 2,816%
Financial charges65/66B-€2k€2k€944€599▼ 36.6%
Recurring financial charges65€2k€2k€2k€944€599▼ 36.6%
Profit (loss) for the period before taxes9903€35k€70k€21k€-28k€-28k▲ 0.8%
Income taxes67/77€11k€20k€7k€432€383▼ 11.4%
Profit (loss) for the period9904€24k€50k€14k€-29k€-28k▲ 1.0%
Profit (loss) for the period to be appropriated9905€24k€50k€14k€-29k€-28k▲ 1.0%
Line20202021202220232024Change
Assets
Total assets20/58€169k€246k€234k€191k€159k▼ 16.7%
Fixed assets21/28-€29k€22k€16k€9k▼ 41.1%
Tangible fixed assets22/27-€29k€22k€16k€9k▼ 41.1%
Furniture and vehicles24-€29k€22k€16k€9k▼ 41.1%
Current assets29/58€169k€217k€212k€176k€150k▼ 14.5%
Amounts receivable within one year40/41-€5€1k€6k€1k▼ 78.5%
Trade receivables40---€6k--
Other amounts receivable41-€5€1k€51€1k▲ 2,477%
Cash at bank and in hand54/58€169k€217k€210k€168k€148k▼ 12.0%
Deferred charges and accrued income490/1---€1k€550▼ 45.2%
Equity and liabilities
Total equity and liabilities10/49€169k€246k€234k€191k€159k▼ 16.7%
Equity10/15€141k€189k€202k€173k€145k▼ 16.4%
Contributions10/11-€6k€6k€6k€6k=
Reserves13€135k€183k€196k€167k€139k▼ 17.0%
Non-distributable reserves130/1-€2k€2k---
Reserves not available under the articles1311-€2k€2k---
Distributable reserves133-€181k€194k€167k€139k▼ 17.0%
Amounts payable17/49€28k€57k€32k€18k€14k▼ 20.5%
Amounts payable after more than one year17-€8k€3k---
Financial debts170/4-€8k€3k---
Amounts payable within one year42/48€28k€49k€29k€18k€11k▼ 39.5%
Current portion of amounts payable after more than one year42-€5k€5k€3k--
Trade debts44€3k€7k€4k€3k€3k▲ 1.3%
Suppliers440/4-€7k€4k€3k€3k▲ 1.3%
Taxes, remuneration and social security45-€18k€15k€5k€419▼ 91.8%
Taxes450/3-€15k€12k€2k€419▼ 82.4%
Remuneration and social security454/9-€3k€3k€3k--
Other amounts payable47/48-€20k€4k€7k€7k▲ 2.3%
Accrued charges and deferred income492/3--€505€163€4k▲ 2,050%
Line20202021202220232024Change
Profit (loss) for the period9904€24k€50k€14k€-29k€-28k▲ 1.0%
+ Depreciation and write-downs630-€4k€7k€7k€7k=
Operating cash flow (approximation)€24k€53k€21k€-22k€-22k▲ 1.3%
Investment in fixed assets (approximation)--€0€0€0-
Change in cash-€48k€-7k€-42k€-20k▲ 51.6%

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

2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200kEq €202k ▲6.6%
5 profitable years in a row build equity to €202k.
04-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €150kEq €189k ▲34.1%
4 profitable years in a row build equity to €189k.
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · 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, Kortemark · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
727 m²
Building footprint
130 m²
Volume, LiDAR
646 m³
Parcel 32011C0440/00X002, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
W.E.BBZ
Wilgenlaan 31, 8610 KortemarkIT consultancy
since 20132.220.263.088
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32011C0440/00X002 Flanders 727 m² 1 · 130 m² 7.4 m · 2 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 13,417 companies in sector 73300 we hold annual accounts for 6,896. 5,463 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-04-2013
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
47120Other non-specialised retail sale
62200Computer consultancy and computer facilities management

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