W7
ActiveSummary
W7 has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €865,789 and a net result of -€128,887. Equity has been shrinking by about 6.4% per year since 2018. Its solvency ranks better than 48% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-10-2011 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Establishment unit
- 2.204.176.035 1457 Walhain, since 26-10-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 11-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€45,727
- Loss
- €128,887
- ▲ 554%
- Equity
- €865,789
- ▼ 13.0%
- Total assets
- €1.6m
- ▼ 29.4%
Score breakdownraises riskLoss of €128,887, the second in a row (financial year 2025)Liquidity: current ratio 34.86, cash €38,937, halvedlowers riskSize: total assets €1.6mSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 49% of them on solvency, 42% on liquidity, 10% on profitability and 26% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-07-2026 at the NBB all 14 filings
Every figure per financial year
The operating result for 2025 is a loss of €49,734, after a profit of €4,621 in 2024.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €114,629 | €4,147 | - | €2,565 | - |
| Financial fixed assets | €45,000 | - | - | - | - |
| Depreciation and write-downs of the year | €12,932 | €12,038 | €11,750 | €2,521 | €1,684 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,147 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €794 | €9,919 | €12,025 | €12,932 | €12,038 | €11,750 | €2,521 | €1,684 | ▼ 33.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €35,244 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,897 | €2,070 | €2,172 | €2,248 | €2,323 | ▲ 3.3% |
| Gross operating margin9900 | €6,268 | €109,361 | €104,115 | €48,709 | -€44,150 | -€8,449 | €9,389 | -€45,727 | - |
| Operating profit (loss)9901 | €3,373 | €92,811 | -€30,240 | €32,880 | -€58,259 | -€57,615 | €4,621 | -€49,734 | - |
| Financial income75/76B | - | - | - | €6,566 | €7,321 | €11,802 | €7,097 | €6,883 | ▼ 3.0% |
| Recurring financial income75 | €16,237 | €6,877 | €6,759 | €6,566 | €7,321 | €11,802 | €7,097 | €6,883 | ▼ 3.0% |
| Financial charges65/66B | - | - | - | €49,992 | €4,370 | €20,797 | €27,949 | €84,960 | ▲ 204% |
| Recurring financial charges65 | €6,339 | €7,495 | €4,720 | €4,992 | €4,370 | €20,797 | €27,949 | €84,960 | ▲ 204% |
| Non-recurring financial charges66B | - | - | - | €45,000 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €13,271 | €101,192 | -€28,200 | -€10,545 | -€55,307 | -€66,610 | -€16,231 | -€127,810 | ▼ 687% |
| Income taxes67/77 | €1,570 | €1,292 | €25,410 | €9,617 | €529 | €1,006 | €3,473 | €1,077 | ▼ 69.0% |
| Profit (loss) for the period9904 | €11,699 | €99,648 | -€53,610 | -€20,162 | -€55,836 | -€67,617 | -€19,704 | -€128,887 | ▼ 554% |
| Profit (loss) for the period to be appropriated9905 | €11,699 | €99,648 | -€53,610 | -€20,162 | -€55,836 | -€67,617 | -€19,704 | -€128,887 | ▼ 554% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.2m | €2.1m | €2.1m | €2.0m | €1.9m | €1.7m | €2.3m | €1.6m | ▼ 29.4% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 0.4% |
| Tangible fixed assets22/27 | €0.003m | €0.05m | €0.06m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 1.2% |
| Land and buildings22 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.005m | €0.005m | €0.003m | ▼ 34.1% |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 0.1% |
| Current assets29/58 | €2.9m | €1.7m | €1.6m | €1.5m | €1.4m | €1.2m | €1.8m | €1.1m | ▼ 37.9% |
| Amounts receivable after more than one year29 | - | - | - | €0.04m | €0.2m | €0.05m | €0.05m | €0.05m | = |
| Trade receivables290 | - | - | - | €0.04m | €0.2m | €0.05m | €0.05m | €0.05m | = |
| Amounts receivable within one year40/41 | €0.8m | €0.8m | €0.8m | €0.8m | €0.9m | €0.8m | €0.8m | €0.9m | ▲ 16.3% |
| Trade receivables40 | - | - | - | €0.08m | €0.1m | €0.07m | €0.07m | €0.06m | ▼ 18.9% |
| Other amounts receivable41 | - | - | - | €0.7m | €0.8m | €0.8m | €0.7m | €0.9m | ▲ 19.6% |
| Cash at bank and in hand54/58 | €2.0m | €0.9m | €0.7m | €0.6m | €0.2m | €0.2m | €0.9m | €0.04m | ▼ 95.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.06m | €0.07m | €0.07m | €0.08m | €0.09m | ▲ 7.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.2m | €2.1m | €2.1m | €2.0m | €1.9m | €1.7m | €2.3m | €1.6m | ▼ 29.4% |
| Equity10/15 | €1.3m | €1.4m | €1.4m | €1.4m | €1.3m | €1.0m | €1.0m | €0.9m | ▼ 13.0% |
| Contributions10/11 | €0.3m | €0.3m | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.0m | €1.0m | €1.0m | = |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.1m | €0.1m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €254 | €254 | €254 | €254 | €254 | = |
| Distributable reserves133 | - | - | - | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.02m | -€0.07m | -€0.09m | -€0.1m | -€0.2m | -€0.2m | -€0.4m | ▼ 54.9% |
| Amounts payable17/49 | €1.9m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €1.3m | €0.8m | ▼ 41.9% |
| Amounts payable after more than one year17 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €1.3m | €0.7m | ▼ 50.0% |
| Financial debts170/4 | - | - | - | €0.7m | €0.7m | €0.7m | €1.3m | €0.7m | ▼ 50.0% |
| Amounts payable within one year42/48 | €1.3m | €0.02m | €0.05m | €0.04m | €0.003m | €0.009m | €0.02m | €0.03m | ▲ 66.2% |
| Financial debts43 | - | - | - | €56 | €154 | - | €201 | - | - |
| Credit institutions430/8 | - | - | - | €56 | €154 | - | €201 | - | - |
| Trade debts44 | €0.001m | €0.001m | €0.01m | €0.01m | €0.001m | €0.003m | €0.009m | €0.002m | ▼ 75.7% |
| Suppliers440/4 | - | - | - | €0.01m | €0.001m | €0.003m | €0.009m | €0.002m | ▼ 75.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.002m | €0.007m | €0.007m | €0.002m | ▼ 67.6% |
| Taxes450/3 | - | - | - | €0.03m | €0.002m | €0.007m | €0.007m | €0.002m | ▼ 67.6% |
| Other amounts payable47/48 | - | - | - | - | - | €90 | €0.004m | €0.03m | ▲ 621% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €0.08m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.1m | -€0.05m | -€0.02m | -€0.06m | -€0.07m | -€0.02m | -€0.1m | ▼ 554% |
| + Depreciation and write-downs630 | €0.001m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.003m | €0.002m | ▼ 33.2% |
| Operating cash flow (approximation) | €0.01m | €0.1m | -€0.04m | -€0.007m | -€0.04m | -€0.06m | -€0.02m | -€0.1m | ▼ 640% |
| Investment in fixed assets (approximation) | - | -€0.08m | -€0.03m | -€0.1m | -€0.004m | €0 | -€0.003m | €252 | - |
| Change in cash | - | -€1.2m | -€0.1m | -€0.1m | -€0.4m | -€0.01m | €0.7m | -€0.8m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,686 companies had the same profile as W7 has now. Two years later, 93.7% were still going and 0.6% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of W7 itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,686 companies, not a prediction for W7. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00329948 | |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00334303 | |
| 31-12-2023 | micro format | 15-08-2024 | 2024-00348133 | |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00266764 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20229850 | |
| 31-12-2020 | micro format | 28-08-2021 | 2021-60000571 | |
| 31-12-2019 | full format | 21-08-2020 | 2020-43100247 | |
| 31-12-2018 | full format | 25-08-2019 | 2019-51300477 | |
| 31-12-2017 | full format | 17-08-2018 | 2018-47200004 | |
| 31-12-2016 | full format | 30-06-2017 | 2017-25500059 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 18-12-2023 Converted to unavailable equity · €352,620
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| WERBROUCK Vincent |
|
| BRAUN Wivine |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, mêmes formalités si non actionnaires de plein droit”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Peuvent exiger des actionnaires paiement des sommes engagées à verser et paraissant nécessaires au paiement des dettes et frais de…”
Articles of association, deed of 18-12-2023 (in French)
Network & group
Board mandates elsewhere
1 board mandateConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
31-03
Gazette deed
Resignation: Wivine Braun (director)2 points ▸
- Board meeting, 13-03-2026
- Director resignation, Wivine Braun (director)
18-12
Gazette deed
Changes of role: WERBROUCK Vincent (statutory director) and BRAUN Wivine (director)Legal form clause · Capital conversion · Director discharge14 points ▸
- General meeting, “1457 Walhain,Le Weya,10, RPM Brabant Wallon” (deed in French)
- Legal form clause, “adapter les statuts et conserver la forme légale, société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Director resignation, WERBROUCK Vincent (manager)
- Director resignation, BRAUN Wivine (manager)
- Director appointment, WERBROUCK Vincent (statutory director), mentioned 2 times in the deed
- Director appointment, BRAUN Wivine (director (not named in the articles))
- Director discharge, WERBROUCK Vincent
- Director discharge, BRAUN Wivine
- Amendment of the articles
- Kind of shares, “chacune d'un droit de vote à l'assemblée générale”, 10000 (deed in French)
- Other provision, “avertissement notarial autorisations préalables, société pourrait devoir obtenir autorisations ou licences préalables en raison des règles administratives en vi…” (deed in French)
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
12 activities
- Toutes opérations de conseil,service,missions d'expertise et d'assistance aux sociétés,associations et personnes physiques,dans les domaines du management et de la consultance ;
- Toutes opérations de conseil,service et assistance aux sociétés,associations et personnes physiques,dans les domaines de réflexion et des rapports stratégiques,au sens le plus large ;
- Toutes opérations de collation,de collecte de données ou d'analyse de données dans les domaines et activités précitées sur requête de sociétés,associations et personnes physiques et ce tant pour des données techniques,que scientifiques ou légales ;
- La rédaction,la publication,l'édition et la commercialisation de toutes études,livres,articles et publications,tant sur papier que par la voie électronique ou tout autre porteur d'informations,au sens le plus large ;
- L'organisation de trainings,séminaires,formations,ateliers,réunions,évènements,conférences,soirées,réceptions,symposium et congrès,tant en ce qui précède,que sur le plan sportif,culturel,technologique et artistique,au sens le plus large,ainsi que la consultance en la matière. Cette liste étant énumérative et non limitative ;
- L'achat et la vente de tout objet d'art et d'antiquité,l'organisation ou la participation à des foires ou marchés d'objets d'art ou d'antiquité et l'organisation ou la participation à des portes ouvertes ou des expositions individuelles ou communes,et ce tant en Belgique qu'à l'étranger,en son nom propre ou pour compte de tiers,comme acheteur revendeur ou comme intermédiaire commissionnaire,la tenue d'une galerie d'art,la rédaction et la distribution d'ouvrages,catalogues,brochures relatives aux objets d'art ou d'antiquité,et ce tant en nom propre que pour compte de tiers.
- L'achat,la vente,le courtage,la commission,et la prise de brevets et/ou patentes,ainsi que tout conseil en la matière ;
- L'achat,la vente,le courtage,la commission,l'importation,l'exportation de tout matériel quel qu'il soit ;
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales,industrielles,financières,mobilières et immobilières ; le contrôle de leur gestion ou la participation à celle-ci ;
- La constitution et la valorisation d'un patrimoine mobilier dans le sens le plus large ;
- La constitution et la valorisation d'un patrimoine immobilier,tant en immeubles qu'en droits réels immobiliers,notamment l'achat,la mise en valeur,le lotissement,l'échange,l'amélioration,la location meublée ou non,la vente,la cession,la transformation,la construction et la destruction de biens immobiliers ;
- L'achat,la vente,la cession et l'échange de toutes valeurs mobilières,actions,parts sociales,obligations,bons de caisse,fonds d'état,options et de tous droits mobiliers ;
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25071D0325/00F000 | Wallonia | 5,369 m² | 1 · 236 m² | 9.4 m · 2 |