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W2GO

Active
Private limited company (pre-2019)founded 2005active for 21 yearsBeelbroekstraat 40, 9040 Gent, BelgiumKBO/BCE: BE 0873.698.992
Summary

W2GO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €273,196 and a net result of -€5,738. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 42% of 37,945 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€560,627total assets 2024
Equity
€273,196
Loss
-€5,738
Turnover not published (micro format)
Financial health
81 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts 71 days overdue0 of 3 deeds read
Why 81raises riskFigures for financial year 2024 (filed 08-10-2025)1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €560,627Show the evidence

Checked score

Score 2024
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (NACE 70, micro)
Financial strength · tick = 2023
Strong
Solvency 74-9
equity 48.7% of total assets
Liquidity 39-19
short-term debt 51.3% · cash 11.6%
Profitability 67+12
return on assets -1.0%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,305 companies, NACE 70, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.26, compared with 1.96 in 2023; short-term debt: 51.3% and cash: 11.6% of total assets), and 51.3% of the assets are financed with debt.
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 45% on solvency, 19% on liquidity, 30% on profitability and 35% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Figures for financial year 2024 (filed 08-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €560,627
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
60 days late
2022
31 days late
2021
87 days late
2020
61 days late
2019
63 days late
← 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 61 days after 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Back to profitnet €7,851

Key points

  • Caution: Among the weakest 14% on net resultsector median €25,911 · 37,965 companies -€5,738 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Total assets 20246 financial years filed €560,627 View

By topic

Financials

Financial year
2024
Total assets
€560,627
Loss
-€5,738
Solvency
48.7%
Total assets▲ 16.7%
Net result
20182024
Go to Financials

Timeline

Events
23
Since
2006
  1. 31-08-2023Annual accounts filed
  2. 26-10-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Business and other management consultancyNACE 70200
Founded
02-05-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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