W & R

Active

Private limited companyfounded 201412 yrs activeVan Heetveldelei 113, 2100 Antwerpen, BelgiumKBO/BCE: BE 0546.658.148

Summary

The computed 12-month bankruptcy probability of W & R is 7.6% (elevated). The 2025 annual accounts show equity of €3,077 and a net result of -€14,376. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

W & RActiveChecked score 32/100

Risk analysis Report Compare

Activity

Activity not known

Size

€31,439total assets 2025

Equity: €3,077
Loss: -€14,376

Turnover not published (abridged schema)

Financial health

32 Weak Checked score 2025

Bankruptcy chance 12 m: 7.6%

Structure

Accounts filed 33 d late0 of 5 deeds read

Why 32- 1 change of registered office in 24 months- No main activity registered- Latest accounts 33 days late; 3 of the last 3 late+ Size: total assets €31,439Show the evidence

Checked score

Score 2025

32 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 19% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2023

Weak

Solvency 35-16

equity 9.8% of total assets

Liquidity 47-21

short-term debt 31.7% · cash 8.4%

Profitability 0=

return on assets -45.7%

Bankruptcy probability, 12 months

7.6% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 8.8% 12-2024: 8.8%● 0.0% vs 11-2024 01-2025: 8.8%▲ +0.5% vs 12-2024 02-2025: 8.8%● 0.0% vs 01-2025 03-2025: 9.5%▲ +7.7% vs 02-2025 04-2025: 10.1%▲ +6.1% vs 03-2025 05-2025: 9.9%▼ -1.1% vs 04-2025 06-2025: 10.1%▲ +1.2% vs 05-2025 07-2025: 10.2%▲ +1.4% vs 06-2025 08-2025: 12.4%▲ +21.1% vs 07-2025 09-2025: 13.7%▲ +11.2% vs 08-2025 10-2025: 19.9%▲ +44.8% vs 09-2025 11-2025: 19.0%▼ -4.6% vs 10-2025 12-2025: 21.9%▲ +15.4% vs 11-2025 01-2026: ≥ 25%▲ +20.4% vs 12-2025 02-2026: ≥ 25%● 0.0% vs 01-2026 03-2026: ≥ 25%● 0.0% vs 02-2026 04-2026: ≥ 25%▼ -2.4% vs 03-2026 05-2026: ≥ 25%● 0.0% vs 04-2026 06-2026: ≥ 25%● 0.0% vs 05-2026 07-2026: ≥ 25%● 0.0% vs 06-2026 08-2026: ≥ 25%▲ +3.8% vs 07-2026highest value 09-2026: ≥ 25%● 0.0% vs 08-2026highest value 10-2026: 7.6%▼ -71.7% vs 09-2026lowest value

1 change of registered office in 24 months raises the probability
Size: total assets €31,439 lowers the probability for this profile
No main activity registered raises the probability
Latest accounts 33 days late; 3 of the last 3 late raises the probability

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.55 against 1.45 in 2023; short-term debt: 31.7% and cash: 8.4% of total assets), and 90.2% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 22%, liquidity 29%, profitability 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Size: total assets €31,439

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

No main activity registered

In the bankruptcy model this factor raises the probability.

KBO

Latest accounts 33 days late; 3 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 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 · 10 filings

Deviation from the deadline

2025

33 d late

2023

54 d late

2022

56 d late

2021

123 d late

2020

29 d early

2019

21 d late

2018

21 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 40 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 September (4 of the last 5 filed years within 68 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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