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W.E.-Safety

Active
Private limited companyfounded 20233 yrs activeMarkt 9, 8920 Langemark-Poelkapelle, BelgiumKBO/BCE: BE 0800.384.711

W.E.-Safety has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €4k. Its solvency ranks better than 43% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
61 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-47
Solvency76▼-11
Growth52
Track record94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 2.93 in 2023; short-term debt: 46.4% and cash: 1% of total assets), and 49.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
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
50.6%
Return on assets
6.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
57 d late
2023
57 d late
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€32k▲ 14.2%
2023 · €28k
2023: €28k
2023 → 2024
Total assets
€62k▲ 39.3%
2023 · €45k
2023: €45k
2023 → 2024
Net result
€4k▼ 77.7%
2023 · €18k
2023: €18k
2023 → 2024
Working capital
€33k▲ 13.3%
2023 · €30k
2023: €30k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€28k-€32k▲ 14.2%
Operating result€25k-€5k▼ 81.4%
Net result€18k-€4k▼ 77.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2023: €25k€25kNet result 2023: €18k€18kOperating result 2024: €5k€5kNet result 2024: €4k€4k20232024
The operating result falls in 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €62k
Equity €32k▲ 14.2%
Debt €31k▲ 79.8%
The debt ratio rises from 38.3% to 49.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Solvency
50.6%
2023 · 61.7%
Current ratio
2.15
2023 · 2.93
Quick ratio
2.15
2023 · 2.93
Debt / equity
0.98
2023 · 0.62
ROE
12.5%
2023 · 63.8%
ROA
6.3%
2023 · 39.4%
Debt
€31k
2023 · €17k
Debt ≤ 1 year
€29k
2023 · €15k
Income taxes
€2k
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€45k€62k
Current assets29/58€45k€62k
Amounts receivable within one year40/41€43k€61k
Trade receivables40€756€9k
Other amounts receivable41€42k€52k
Cash at bank and in hand54/58€1k€653
Deferred charges and accrued income490/1€1k€525
Equity and liabilities
Total equity and liabilities10/49€45k€62k
Equity10/15€28k€32k
Contributions10/11€10k€10k=
Reserves13€18k€22k
Distributable reserves133€18k€22k
Amounts payable17/49€17k€31k
Amounts payable within one year42/48€15k€29k
Trade debts44€3k€8k
Suppliers440/4€3k€8k
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€13k€16k
Taxes450/3€13k€16k
Accrued charges and deferred income492/3€2k€2k=
Income statement Code20232024
Other operating charges640/8€1k€965
Gross operating margin9900€26k€6k
Operating profit (loss)9901€25k€5k
Financial income75/76B€2k€3k
Recurring financial income75€2k€3k
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€25k€6k
Income taxes67/77€7k€2k
Profit (loss) for the period9904€18k€4k
Profit (loss) for the period to be appropriated9905€18k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€18k€4k
Transfer to equity691/2€18k€4k
To other reserves6921€18k€4k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
26-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
26-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
NBB filing

Directors · office · real estate

Directors
1 act for this company is 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, Langemark-Poelkapelle · 1 establishment unit since 2023
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Markt 98920 Langemark-Poelkapelle
Ground area
465 m²
Building footprint
272 m²
Volume, LiDAR
1,569 m³
Parcel 33014A0946/00Z015, Flanders · tallest building 11.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
W.E.-Safety
Markt 9, 8920 Langemark-PoelkapelleAgents in non-specialised wholesale trade
since 20232.343.730.628
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33014A0946/00Z015 Flanders 465 m² 1 · 272 m² 11.9 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 578 EUR paid
Year Entries awardedpaid
2023 1 0 EUR578 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 578 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 34,814 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-04-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46190Agents in non-specialised wholesale trade
62010Computer programming, consultancy and related activities
62100Computer programming
73200Market research and public opinion polling
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.