W33A
ActiveSummary
W33A has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624,982 and a net result of €46,874. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 57% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-2
Solvency76▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.77 in 2024; short-term debt: 14.6% and cash: 0% of total assets), and 49.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.8%
Return on assets
3.8%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 24-11-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
54 d early
2023
45 d early
2022
40 d early
2021
15 d early
2020
30 d early
2019
15 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 34 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close27-09-2026 today31-12-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€624,982▲ 8.1%
2024 · €578,108
Total assets
€1.2m▼ 6.5%
2024 · €1.3m
Net result
€46,874▼ 8.4%
2024 · €51,179
Working capital
€183,494▲ 1.5%
2024 · €180,794
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€155,361▲ 6.5%€78,590▼ 49.4%€120,556▲ 53.4%€94,497▼ 21.6%€54,953▼ 41.8%
Net result€139,376within the sector's middle half▲ 58.6%€46,889within the sector's middle half▼ 66.4%€72,881within the sector's middle half▲ 55.4%€51,179within the sector's middle half▼ 29.8%€46,874within the sector's middle half▼ 8.4%
Equity€409,657within the sector's middle half▲ 61.2%€456,547within the sector's middle half▲ 11.4%€529,428within the sector's middle half▲ 16.0%€578,108within the sector's middle half▲ 9.2%€624,982within the sector's middle half▲ 8.1%
Total assets€1.5mwithin the sector's middle half▲ 61.2%€1.4mwithin the sector's middle half▼ 1.2%€1.5mwithin the sector's middle half▲ 0.3%€1.3mwithin the sector's middle half▼ 9.4%€1.2mwithin the sector's middle half▼ 6.5%
Debt€1.0m▲ 66.3%€959,471▼ 6.1%€892,606▼ 7.0%€708,663▼ 20.6%€578,649▼ 18.3%
Working capital€86,046▲ 323%€75,523▼ 12.2%€91,961▲ 21.8%€180,794▲ 96.6%€183,494▲ 1.5%
Solvency28.0%within the sector's middle half=31.6%within the sector's middle half▲ 3.6pp36.5%within the sector's middle half▲ 4.9pp44.0%within the sector's middle half▲ 7.5pp50.8%within the sector's middle half▲ 6.8pp
Staff (FTE)1.3below the sector's middle half=1.4below the sector's middle half▲ 7.7%1.5within the sector's middle half▲ 7.1%0.7below the sector's middle half▼ 53.3%0below the sector's middle half▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 42% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€865,800 ▼ 3.7%
Current assets
€363,566 ▼ 12.4%
Equity and liabilities €1.2m
Equity
€624,982 ▲ 8.1%
Provisions
€25,736 ▼ 6.2%
Debt
€578,649 ▼ 18.3%
Debt's share of the balance-sheet total falls from 53.9% to 47.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€94,825▼
2024 · €133,679
Cash flow
€86,745▼
2024 · €90,362
Current ratio
2.02▲
2024 · 1.77
Debt to equity
0.93▼
2024 · 1.23
ROE
7.5%▼
2024 · 8.9%
ROA
3.8%▼
2024 · 3.9%
Interest coverage
5.31▼
2024 · 5.52
Debt ≤ 1 year
€180,072▼
2024 · €234,380
Debt > 1 year
€395,637▼
2024 · €471,914
Income taxes
€20,074▼
2024 · €22,310
Staff costs
€0▼
2024 · €36,782
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 14,684 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8,092 | €0 | €15,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €74,128 | €89,100 | €36,782 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,000 | €54,635 | €58,023 | €39,183 | €39,871 | ▲ 1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | €4,645 | €0 | -€4,538 | - |
| Other operating charges640/8 | - | €7,062 | €10,624 | €11,537 | €8,495 | ▼ 26.4% |
| Gross operating margin9900 | €275,687 | €214,415 | €282,948 | €181,998 | €98,781 | ▼ 45.7% |
| Operating profit (loss)9901 | €155,361 | €78,590 | €120,556 | €94,497 | €54,953 | ▼ 41.8% |
| Financial income75/76B | - | €3,306 | €2,441 | €1,541 | €28,164 | ▲ 1,728% |
| Recurring financial income75 | €12,933 | €3,213 | €2,264 | €1,541 | €25,264 | ▲ 1,539% |
| Non-recurring financial income76B | - | €93 | €176 | €0 | €2,900 | - |
| Financial charges65/66B | - | €22,211 | €19,952 | €24,238 | €17,859 | ▼ 26.3% |
| Recurring financial charges65 | €20,830 | €22,211 | €19,952 | €24,238 | €17,859 | ▼ 26.3% |
| Profit (loss) for the period before taxes9903 | €147,464 | €59,685 | €103,045 | €71,799 | €65,258 | ▼ 9.1% |
| Transfer from deferred taxes780 | - | €1,690 | €1,690 | €1,690 | €1,690 | = |
| Income taxes67/77 | €14,804 | €14,485 | €31,854 | €22,310 | €20,074 | ▼ 10.0% |
| Profit (loss) for the period9904 | €139,376 | €46,889 | €72,881 | €51,179 | €46,874 | ▼ 8.4% |
| Transfer from tax-exempt reserves789 | - | €4,022 | €4,022 | €4,022 | €4,022 | = |
| Profit (loss) for the period to be appropriated9905 | €142,467 | €50,912 | €76,904 | €55,202 | €50,896 | ▼ 7.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.4m | €1.5m | €1.3m | €1.2m | ▼ 6.5% |
| Fixed assets21/28 | €1.0m | €1.0m | €1.0m | €899,022 | €865,800 | ▼ 3.7% |
| Intangible fixed assets21 | €10,775 | €5,388 | €0 | - | - | - |
| Tangible fixed assets22/27 | €1.0m | €1.0m | €1.0m | €899,022 | €865,800 | ▼ 3.7% |
| Land and buildings22 | - | €950,415 | €931,602 | €899,022 | €865,800 | ▼ 3.7% |
| Plant, machinery and equipment23 | - | €30,870 | €27,429 | €0 | - | - |
| Furniture and vehicles24 | - | €32,256 | €44,261 | €0 | - | - |
| Financial fixed assets28 | €3,125 | €125 | €125 | €0 | - | - |
| Current assets29/58 | €433,594 | €427,769 | €447,731 | €415,174 | €363,566 | ▼ 12.4% |
| Stocks and contracts in progress3 | €208,180 | €242,169 | €238,687 | €0 | - | - |
| Stocks30/36 | - | €242,169 | €238,687 | €0 | - | - |
| Amounts receivable within one year40/41 | €110,726 | €150,200 | €176,913 | €412,997 | €362,434 | ▼ 12.2% |
| Trade receivables40 | - | €150,119 | €175,439 | €9,141 | €1,631 | ▼ 82.2% |
| Other amounts receivable41 | - | €82 | €1,474 | €403,857 | €360,803 | ▼ 10.7% |
| Cash at bank and in hand54/58 | €109,687 | €28,068 | €20,803 | €778 | €417 | ▼ 46.4% |
| Deferred charges and accrued income490/1 | - | €7,332 | €11,328 | €1,399 | €715 | ▼ 48.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.5m | €1.3m | €1.2m | ▼ 6.5% |
| Equity10/15 | €409,657 | €456,547 | €529,428 | €578,108 | €624,982 | ▲ 8.1% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Revaluation surpluses12 | - | €26,596 | €26,596 | €26,596 | €26,596 | = |
| Reserves13 | €333,061 | €379,951 | €452,832 | €501,512 | €548,386 | ▲ 9.3% |
| Non-distributable reserves130/1 | - | €5,000 | €5,000 | €0 | - | - |
| Reserves not available under the articles1311 | - | €5,000 | €5,000 | €0 | - | - |
| Tax-exempt reserves132 | - | €73,335 | €69,313 | €65,290 | €61,268 | ▼ 6.2% |
| Distributable reserves133 | - | €301,616 | €378,519 | €436,221 | €487,118 | ▲ 11.7% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €32,494 | €30,805 | €29,115 | €27,425 | €25,736 | ▼ 6.2% |
| Deferred taxes168 | - | €30,805 | €29,115 | €27,425 | €25,736 | ▼ 6.2% |
| Amounts payable17/49 | €1.0m | €959,471 | €892,606 | €708,663 | €578,649 | ▼ 18.3% |
| Amounts payable after more than one year17 | €671,401 | €603,303 | €534,227 | €471,914 | €395,637 | ▼ 16.2% |
| Financial debts170/4 | - | €603,303 | €534,227 | €471,914 | €395,637 | ▼ 16.2% |
| Amounts payable within one year42/48 | €347,549 | €352,246 | €355,770 | €234,380 | €180,072 | ▼ 23.2% |
| Current portion of amounts payable after more than one year42 | - | €68,043 | €69,076 | €100,473 | €76,277 | ▼ 24.1% |
| Financial debts43 | - | €0 | €47,262 | €104,383 | €81,134 | ▼ 22.3% |
| Credit institutions430/8 | - | €0 | €47,262 | €104,383 | €81,134 | ▼ 22.3% |
| Trade debts44 | €152,761 | €168,906 | €178,109 | €10,635 | €4,484 | ▼ 57.8% |
| Suppliers440/4 | - | €168,906 | €178,109 | €10,635 | €4,484 | ▼ 57.8% |
| Advances received on contracts in progress46 | - | - | - | €1,409 | €571 | ▼ 59.5% |
| Taxes, remuneration and social security45 | - | €45,725 | €60,065 | €10,985 | €17,607 | ▲ 60.3% |
| Taxes450/3 | - | €32,360 | €43,153 | €8,835 | €17,607 | ▲ 99.3% |
| Remuneration and social security454/9 | - | €13,366 | €16,912 | €2,150 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €69,572 | €1,259 | €6,495 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €3,923 | €2,609 | €2,369 | €2,940 | ▲ 24.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €139,376 | €46,889 | €72,881 | €51,179 | €46,874 | ▼ 8.4% |
| + Depreciation and write-downs630 | €47,000 | €54,635 | €58,023 | €39,183 | €39,871 | ▲ 1.8% |
| Operating cash flow (approximation) | €186,375 | €101,525 | €130,904 | €90,362 | €86,745 | ▼ 4.0% |
| Investment in fixed assets (approximation) | - | -€43,570 | -€42,387 | €65,213 | -€6,650 | ▼ 110% |
| Change in cash | - | -€81,619 | -€7,265 | -€20,025 | -€361 | ▲ 98.2% |
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
Next filing, fiscal year 2026, expected by
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
16-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-05
Financial
Equity above €500,000Eq €529,428 ▲16%
5 profitable years in a row build equity to €529,428.
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-05
Financial
Highest result since 2019net €139,376 ▲58.6%
Operating result €155,361, net result €139,376, both a record.
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-05
Financial
Equity above €200,000Eq €254,205 ▲36.6%
2 profitable years in a row build equity to €254,205.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Diksmuide · 1 establishment unit since 2004
Ground area
2,107 m²
Building footprint
975 m²
Volume, LiDAR
6,295 m³
Parcel 32473C0085/00C003, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AXYMA
since 20042.135.233.878
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32473C0085/00C003 | Flanders | 2,107 m² | 1 · 975 m² | 8.1 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300H8TF1LGMRX7M83
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Of 1,743 companies in sector 46720 we hold annual accounts for 1,083. 783 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
Founded13-01-2004
Fiscal year end31-05
Activities, NACEBEL 2025
46720Wholesale of motor vehicle parts and accessories
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0862630205
Registered
18-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.