W - FLOAT
ActiveSummary
W - FLOAT has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,478 and a net result of -€12,916. Equity is shrinking by about 31% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 36% of 38,983 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €30,478
- Loss
- -€12,916
Why 82raises riskLoss of €12,916, the second in a row (financial year 2025)Liquidity: current ratio 1.59, cash €4,599, halvedlowers riskSize: total assets €79,284Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 37% on solvency, 10% on liquidity, 4% on profitability and 18% on growth.
The bankruptcy probability was computed on 18-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Amendment of the articles · Legal-form…Capital conversion · Director in…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €14,488 in 2025 against €30,297 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 74.5% 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 5,835 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €207 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,863 | €16,052 | €9,066 | €1,256 | €1,481 | €1,431 | €1,331 | ▼ 7.0% |
| Other operating charges640/8 | - | - | - | €450 | €348 | €661 | €507 | ▼ 23.3% |
| Gross operating margin9900 | €50,815 | €1,535 | -€52,409 | -€31,683 | -€32,678 | -€28,205 | -€12,650 | ▲ 55.1% |
| Operating profit (loss)9901 | €34,398 | -€17,367 | -€61,998 | -€33,388 | -€34,506 | -€30,297 | -€14,488 | ▲ 52.2% |
| Financial income75/76B | - | - | - | €8 | €1 | €1 | €1,838 | ▲ 129,303% |
| Recurring financial income75 | €15,321 | €2,763 | - | €8 | €1 | €1 | €1,838 | ▲ 129,303% |
| Financial charges65/66B | - | - | - | €132 | €125 | €129 | €124 | ▼ 4.0% |
| Recurring financial charges65 | €420 | €240 | €98 | €132 | €125 | €129 | €124 | ▼ 4.0% |
| Profit (loss) for the period before taxes9903 | €49,300 | -€14,844 | -€62,096 | -€33,512 | -€34,630 | -€30,425 | -€12,775 | ▲ 58.0% |
| Income taxes67/77 | €10,872 | €60 | €116 | €1,447 | €126 | €134 | €141 | ▲ 5.2% |
| Profit (loss) for the period9904 | €38,427 | -€14,904 | -€62,213 | -€34,960 | -€34,756 | -€30,559 | -€12,916 | ▲ 57.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €8,909 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €38,427 | -€14,904 | -€62,213 | -€26,050 | -€34,756 | -€30,559 | -€12,916 | ▲ 57.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €247,218 | €213,833 | €139,534 | €104,946 | €81,273 | €80,840 | €79,284 | ▼ 1.9% |
| Fixed assets21/28 | €24,008 | €11,660 | €2,595 | €3,901 | €3,383 | €2,879 | €1,548 | ▼ 46.2% |
| Tangible fixed assets22/27 | €24,008 | €11,660 | €2,595 | €3,901 | €3,383 | €2,879 | €1,548 | ▼ 46.2% |
| Plant, machinery and equipment23 | - | - | - | €2,406 | €1,715 | €1,889 | €1,012 | ▼ 46.4% |
| Furniture and vehicles24 | - | - | - | €1,494 | €1,669 | €990 | €536 | ▼ 45.9% |
| Current assets29/58 | €223,210 | €202,173 | €136,939 | €101,046 | €77,890 | €77,961 | €77,736 | ▼ 0.3% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €50,000 | - |
| Other amounts receivable291 | - | - | - | - | - | - | €50,000 | - |
| Stocks and contracts in progress3 | - | €1,300 | €2,000 | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Stocks30/36 | - | - | - | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Amounts receivable within one year40/41 | €62,838 | €2,792 | €6,659 | €30,789 | €54,989 | €63,157 | €18,602 | ▼ 70.5% |
| Trade receivables40 | - | - | - | €30,487 | €54,989 | €63,157 | €18,602 | ▼ 70.5% |
| Other amounts receivable41 | - | - | - | €302 | €0 | - | - | - |
| Current investments50/53 | - | €81 | €81 | €81 | - | - | - | - |
| Cash at bank and in hand54/58 | €56,495 | €196,981 | €126,199 | €64,654 | €17,179 | €11,505 | €4,599 | ▼ 60.0% |
| Deferred charges and accrued income490/1 | - | - | - | €4,222 | €4,422 | €2,000 | €3,236 | ▲ 61.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €247,218 | €213,833 | €139,534 | €104,946 | €81,273 | €80,840 | €79,284 | ▼ 1.9% |
| Equity10/15 | €214,585 | €199,681 | €137,468 | €102,509 | €73,953 | €43,394 | €30,478 | ▼ 29.8% |
| Contributions10/11 | €12,400 | - | - | €12,400 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €163,758 | €163,758 | €125,068 | €116,159 | €116,159 | €116,159 | €116,159 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €114,299 | €114,299 | €116,159 | €116,159 | = |
| Profit (loss) carried forward14 | €38,427 | €23,523 | €38,427 | -€26,050 | -€60,806 | -€91,365 | -€104,281 | ▼ 14.1% |
| Amounts payable17/49 | €32,633 | €14,153 | €2,065 | €2,438 | €7,320 | €37,446 | €48,806 | ▲ 30.3% |
| Amounts payable after more than one year17 | €4,659 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €27,974 | €14,153 | €2,065 | €2,438 | €7,320 | €37,446 | €48,806 | ▲ 30.3% |
| Financial debts43 | - | - | - | €9 | €59 | €0 | €6 | - |
| Credit institutions430/8 | - | - | - | €9 | €59 | €0 | €6 | - |
| Trade debts44 | €3,104 | €7,718 | €865 | €1,355 | €1,524 | €1,627 | €1,774 | ▲ 9.0% |
| Suppliers440/4 | - | - | - | €1,355 | €1,524 | €1,627 | €1,774 | ▲ 9.0% |
| Taxes, remuneration and social security45 | - | - | - | €261 | €1,072 | €1,155 | €606 | ▼ 47.5% |
| Taxes450/3 | - | - | - | €261 | €1,072 | €1,155 | €606 | ▼ 47.5% |
| Other amounts payable47/48 | - | - | - | €813 | €4,664 | €34,664 | €46,420 | ▲ 33.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,427 | -€14,904 | -€62,213 | -€34,960 | -€34,756 | -€30,559 | -€12,916 | ▲ 57.7% |
| + Depreciation and write-downs630 | €15,863 | €16,052 | €9,066 | €1,256 | €1,481 | €1,431 | €1,331 | ▼ 7.0% |
| Operating cash flow (approximation) | €54,290 | €1,148 | -€53,147 | -€33,704 | -€33,275 | -€29,129 | -€11,585 | ▲ 60.2% |
| Investment in fixed assets (approximation) | - | -€3,704 | €0 | -€2,562 | -€963 | -€926 | €0 | - |
| Change in cash | - | €140,485 | -€70,781 | -€61,546 | -€47,475 | -€5,674 | -€6,906 | ▼ 21.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 05-01-2026 | 2026-00001041 |
| 30-06-2024 | micro format | 06-01-2025 | 2025-00000380 |
| 30-06-2023 | micro format | 29-01-2024 | 2024-00020905 |
| 30-06-2022 | micro format | 22-01-2023 | 2023-00005306 |
| 30-06-2021 | micro format | 13-01-2022 | 2022-01000412 |
| 30-06-2020 | micro format | 04-01-2021 | 2021-00400048 |
| 30-06-2019 | micro format | 06-01-2020 | 2020-00400397 |
| 30-06-2018 | micro format | 02-01-2019 | 2019-00200173 |
| 30-06-2017 | micro format | 29-12-2017 | 2017-73500360 |
| 30-06-2016 | abbreviated format | 02-01-2017 | 2017-00100467 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
14-03
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Director in office4 facts ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director in office, Van Den Heuvel, Willy Frans (director)
- Amendment of the articles
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13002K0017/00R000 | Flanders | 1,443 m² | 1 · 281 m² | 8.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verrichten van studies en het verlenen van financiële, technische, administratieve, commerciële, boekhoudkundige, fiscale, juridische of…” (deed in Dutch)
13 activities (deed in Dutch)
- Het verrichten van studies en het verlenen van financiële, technische, administratieve, commerciële, boekhoudkundige, fiscale, juridische of beheertechnische bijstand aan alle maatschappijen of organisaties waarin zij een rechtstreekse of onrechtstreekse deelneming bezit of voor rekening van derden;
- Het betreft meer specifiek het verlenen van deze bijstand in verband met, alsook het uitvoeren voor eigen rekening als voor rekening van derden van volgende activiteiten :
- Het vervoer, nationaal en internationaal, met behulp van verschillende transportmodaliteiten;
- De goederenbehandeling zoals laden en lossen, controleren, wegen, bewaken en verpakken met inbegrip van alle specifieke ADRaspecten;
- Het analyseren, inzamelen, ophalen, overslaan, vervoeren, opslaan, sorteren, scheiden, verkleinen, breken, drogen, vergisten, composteren, thermisch en/of anders verwerken, storten en verwijderen en/of vernietigen van alle vaste of vloeibare residu’s, rest en afvalstoffen onder meer begrepen, alle huishoudelijke, commerciële, industriële, speciale, toxische, giftige en/of gevaarlijke afvalstoffen;
- De exploitatie van installaties en inrichtingen bestemd voor het overslaan, opslaan, sorteren, scheiden, verwijderen, verkleinen, breken, drogen, vergisten, composteren, thermisch en/of anders verwerken, storten, vernietigen van deze residu’s en afvalstoffen;
- De valorisatie en commercialisatie, door middel van hergebruik of recyclage, van producten en bijproducten afkomstig van de opgehaalde residu’s en afvalstoffen;
- Het leveren van producten en diensten op het vlak van geautomatiseerde gegevensverwerking en communicatiesystemen;
- Het transport, verhuren, verkopen, vervaardigen en herstellen van containers en andere verpakkingen van hogervermelde residu’s en afvalstoffen;
- Alle dienstverleningen en saneringswerken met inbegrip van bodemsaneringswerken die, rechtstreeks of onrechtstreeks, betrekking hebben op de publieke of private milieuzorg;
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa;
- Het opstellen van zorgsystemen voor kwaliteit, veiligheid en milieu.
- Beheer en verhuur van onroerende goederen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- W-FLOAT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, alle machten om op authentieke wijze de statutenwijziging te doen vaststellen” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, bij gebreke onbepaalde duur, een of meer natuurlijke of rechtspersonen” (deed in Dutch)“Tenminste helft aanwezig of vertegenwoordigd, Werking van het bestuur” (deed in Dutch)“Vergoeding bestuurders, op algemene kosten los van representatie-,reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Betekeningen op straffe van nietigheid schriftelijk bij aangetekende brief of op e-mailadres vennootschap, termijnen vanaf afgifte aan post…” (deed in Dutch)“3, overgang bij overlijden” (deed in Dutch)“Schriftelijk bij aangetekende brief of op e-mailadres vennootschap, 4” (deed in Dutch)1 more provision on this in the deed