W-SOLUTIONS
ActiveSummary
W-SOLUTIONS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€3,114) and a net result of €640. Equity is shrinking by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 6% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+75
Solvency2▼-38
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.74 against 1.93 in 2023; short-term debt: 20.3% and cash: 11.6% of total assets), but equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-23.3%
Return on assets
4.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 20780 sector peers (2024).
NBB · sector comparisonPosition among 20780 sector peers
Solvency
better than 6%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
97 d late
2023
45 d late
2022
137 d late
2021
32 d early
2020
13 d late
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€3,114
2023 · €3,447
Total assets
€13,347▼ 43.2%
2023 · €23,492
Net result
€640
2023 · -€4,148
Working capital
€2,005▼ 64.3%
2023 · €5,610
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 62, Computer programming, consultancy and related activities, 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
Line20202021202220232024
Operating result-€2,532▲ 61.9%-€4,932▼ 94.8%€1,833-€3,560€813
Net result-€2,586below the sector's middle half▲ 60.2%-€5,050below the sector's middle half▼ 95.3%€1,724below the sector's middle half-€4,148below the sector's middle half€640below the sector's middle half
Equity€10,922below the sector's middle half▼ 19.1%€5,871below the sector's middle half▼ 46.2%€7,595below the sector's middle half▲ 29.4%€3,447below the sector's middle half▼ 54.6%-€3,114below the sector's middle half
Total assets€16,130below the sector's middle half▲ 15.2%€11,816below the sector's middle half▼ 26.7%€29,260below the sector's middle half▲ 148%€23,492below the sector's middle half▼ 19.7%€13,347below the sector's middle half▼ 43.2%
Debt€5,208▲ 942%€5,944▲ 14.1%€21,665▲ 264%€20,046▼ 7.5%€16,461▼ 17.9%
Working capital€10,360below the sector's middle half▼ 18.8%€5,497below the sector's middle half▼ 46.9%€9,232below the sector's middle half▲ 67.9%€5,610below the sector's middle half▼ 39.2%€2,005below the sector's middle half▼ 64.3%
Solvency67.7%within the sector's middle half▼ 28.7pp49.7%within the sector's middle half▼ 18.0pp26.0%below the sector's middle half▼ 23.7pp14.7%below the sector's middle half▼ 11.3pp-23.3%below the sector's middle half▼ 38.0pp
Current ratio2.99within the sector's middle half▼ 23.531.92within the sector's middle half▼ 1.062.36within the sector's middle half▲ 0.431.93within the sector's middle half▼ 0.431.74within the sector's middle half▼ 0.19
Return on assets (ROA)-16.0%below the sector's middle half▲ 30.3pp-42.7%below the sector's middle half▼ 26.7pp5.9%within the sector's middle half▲ 48.6pp-17.7%below the sector's middle half▼ 23.5pp4.8%within the sector's middle half▲ 22.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
The operating result returns to profit in 2024: €813 after a loss of €3,560 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12,541
Fixed assets
€7,825 ▼ 27.7%
Current assets
€4,716 ▼ 59.5%
Key figures and ratios
EBITDA
€3,813▲
2023 · -€358
Cash flow
€3,640▲
2023 · -€947
Debt to equity
-5.29▼
2023 · 5.82
Interest coverage
33.59▲
2023 · -0.67
Debt ≤ 1 year
€2,711▼
2023 · €6,046
Debt > 1 year
€13,750▼
2023 · €14,000
Income taxes
€59▲
2023 · €56
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
6.1%
went bankrupt
4.1%
stopped otherwise
89%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,340 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% 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 906 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,149 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €187 | €187 | €2,146 | €3,202 | €3,000 | ▼ 6.3% |
| Other operating charges640/8 | - | €240 | €515 | €441 | €958 | ▲ 117% |
| Non-recurring operating charges66A | - | - | - | - | €205 | - |
| Gross operating margin9900 | -€2,345 | -€4,506 | €4,494 | €82 | €4,976 | ▲ 5,949% |
| Operating profit (loss)9901 | -€2,532 | -€4,932 | €1,833 | -€3,560 | €813 | ▲ 123% |
| Financial income75/76B | - | €2 | €7 | €0 | - | - |
| Recurring financial income75 | €4 | €2 | €7 | €0 | - | - |
| Financial charges65/66B | - | €120 | €116 | €532 | €114 | ▼ 78.7% |
| Recurring financial charges65 | €58 | €120 | €116 | €532 | €114 | ▼ 78.7% |
| Profit (loss) for the period before taxes9903 | -€2,586 | -€5,050 | €1,724 | -€4,092 | €699 | ▲ 117% |
| Income taxes67/77 | - | - | - | €56 | €59 | ▲ 6.1% |
| Profit (loss) for the period9904 | -€2,586 | -€5,050 | €1,724 | -€4,148 | €640 | ▲ 115% |
| Profit (loss) for the period to be appropriated9905 | -€2,586 | -€5,050 | €1,724 | -€4,148 | €640 | ▲ 115% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,130 | €11,816 | €29,260 | €23,492 | €13,347 | ▼ 43.2% |
| Formation expenses20 | €561 | €374 | €187 | €1,012 | €807 | ▼ 20.3% |
| Fixed assets21/28 | - | - | €13,041 | €10,825 | €7,825 | ▼ 27.7% |
| Tangible fixed assets22/27 | - | - | €13,041 | €10,825 | €7,825 | ▼ 27.7% |
| Furniture and vehicles24 | - | - | €13,041 | €10,825 | €7,825 | ▼ 27.7% |
| Current assets29/58 | €15,569 | €11,442 | €16,032 | €11,656 | €4,716 | ▼ 59.5% |
| Amounts receivable within one year40/41 | €581 | €901 | €12,020 | €9,395 | €3,172 | ▼ 66.2% |
| Trade receivables40 | - | €901 | €9,160 | €6,913 | €1,978 | ▼ 71.4% |
| Other amounts receivable41 | - | - | €2,861 | €2,482 | €1,194 | ▼ 51.9% |
| Cash at bank and in hand54/58 | €14,988 | €10,540 | €4,012 | €2,260 | €1,544 | ▼ 31.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,130 | €11,816 | €29,260 | €23,492 | €13,347 | ▼ 43.2% |
| Equity10/15 | €10,922 | €5,871 | €7,595 | €3,447 | -€3,114 | ▼ 190% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €12,800 | ▼ 36.0% |
| Capital10 | - | €20,000 | €20,000 | - | - | - |
| Issued capital100 | - | €20,000 | €20,000 | - | - | - |
| Outside capital11 | - | - | - | €20,000 | €12,800 | ▼ 36.0% |
| Other1109/19 | - | - | - | €20,000 | €12,800 | ▼ 36.0% |
| Profit (loss) carried forward14 | -€9,078 | -€14,129 | -€12,405 | -€16,553 | -€15,914 | ▲ 3.9% |
| Amounts payable17/49 | €5,208 | €5,944 | €21,665 | €20,046 | €16,461 | ▼ 17.9% |
| Amounts payable after more than one year17 | - | - | €14,500 | €14,000 | €13,750 | ▼ 1.8% |
| Financial debts170/4 | - | - | €14,500 | €14,000 | €13,750 | ▼ 1.8% |
| Amounts payable within one year42/48 | €5,208 | €5,944 | €6,800 | €6,046 | €2,711 | ▼ 55.2% |
| Trade debts44 | €770 | €1,545 | €2,636 | €3,813 | €2,615 | ▼ 31.4% |
| Suppliers440/4 | - | €1,545 | €2,636 | €3,813 | €2,615 | ▼ 31.4% |
| Taxes, remuneration and social security45 | - | €974 | €4,164 | €2,233 | €59 | ▼ 97.3% |
| Taxes450/3 | - | €124 | €2,670 | €2,233 | €59 | ▼ 97.3% |
| Remuneration and social security454/9 | - | €850 | €1,494 | - | - | - |
| Other amounts payable47/48 | - | €3,425 | - | - | €37 | - |
| Accrued charges and deferred income492/3 | - | - | €365 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,586 | -€5,050 | €1,724 | -€4,148 | €640 | ▲ 115% |
| + Depreciation and write-downs630 | €187 | €187 | €2,146 | €3,202 | €3,000 | ▼ 6.3% |
| Operating cash flow (approximation) | -€2,399 | -€4,863 | €3,870 | -€947 | €3,640 | ▲ 485% |
| Investment in fixed assets (approximation) | - | - | - | -€985 | €0 | ▲ 100% |
| Change in cash | - | -€4,448 | -€6,528 | -€1,752 | -€716 | ▲ 59.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 97 days late
2024
31-12
Financial
Back to profitnet €640
Net result €640 after one loss-making year.
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 45 days late
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 137 days late
2022
31-12
Financial
Back to profitnet €1,724
Net result €1,724 after 3 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Aalst · 1 establishment unit since 2018
Ground area
617 m²
Building footprint
56 m²
Volume, LiDAR
345 m³
Parcel 41304G0150/00X011, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WDK-SOLUTIONS
since 20182.282.886.882
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41304G0150/00X011 | Flanders | 617 m² | 1 · 56 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 360 EUR awarded · 360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 360 EUR | 360 EUR |
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 4,694 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
Founded04-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0715432408
Also
9925:BE0715432408
Registered
20-01-2026
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.