Financials
- Fiscal year
- 2024
- Total assets
- €269,826
- Profit
- €12,326
- Solvency
- 41.4%
Total assets▲ 6.3%
Net result
20182024
W-SPECS
ActiveSummary
W-SPECS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €111,832 and a net result of €12,326. Equity is growing by ~9.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311NACE 45201Water transport NACE 50200
1 site
How big
€269,826total assets 2024
- Staff
- 2.3 FTE
- Equity
- €111,832
- Profit
- €12,326
Turnover not published (abridged schema)
Who decides
Accounts 38 d early0 of 3 deeds read
Why 69- Higher-failure-rate region- Annual accounts: weaker financial profile+ Long track record+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability68▲+22
Solvency66▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.39 against 2.16 in 2023; short-term debt: 32.8% and cash: 1.5% of total assets), but 58.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
41.4%
Return on assets
4.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
56 d early
2023
27 d late
2022
on the day
2021
5 d late
2020
58 d early
2019
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · 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 31 July (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Equity above €100,000Eq €111,832 ▲12.4%
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 23-06-2026Annual accounts filed
- 05-06-2025Annual accounts filed
- 31-12-2024Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General maintenance and repair of cars and light…NACE 95311
- Founded
- 01-01-1994
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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