WACKENS DIRK
ActiveThe computed 12-month bankruptcy probability of WACKENS DIRK is 2.7% (moderate). The 2024 annual accounts show equity of €120k and a net result of €-15k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 77% of 36376 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency100=
Growth32▼-20
Stability92
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.86 against 6.9 in 2023), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
71.5%
Return on assets
-8.6%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year -€15k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
132 d late
2022
198 d late
2021
45 d late
2020
80 d late
2019
100 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Financials · fiscal year 2024, micro schema
Equity
€120k▼ 10.8%
2023 · €135k
2019: €122k
2020: €114k
2021: €150k
2022: €148k
2023: €135k
2019 → 2024
Total assets
€168k▼ 7.9%
2023 · €183k
2019: €193k
2020: €154k
2021: €173k
2022: €167k
2023: €183k
2019 → 2024
Net result
€-15k▼ 11.7%
2023 · €-13k
2019: €-11k
2020: €603
2021: €36k
2022: €-2k
2023: €-13k
2019 → 2024
Working capital
€100k▼ 6.3%
2023 · €107k
2019: €105k
2020: €100k
2021: €138k
2022: €141k
2023: €107k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€114k-€150k▲ 31.9%€148k▼ 1.7%€135k▼ 8.8%€120k▼ 10.8%
Operating result€-1k-€55k€-1k€-11k▼ 691%€-12k▼ 3.4%
Net result€603-€36k▲ 5,937%€-2k€-13k▼ 422%€-15k▼ 11.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2024 against €11k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €168k
Fixed assets
€42k▼ 26.7%
Current assets
€126k▲ 0.8%
Equity and liabilities €168k
Equity
€120k▼ 10.8%
Debt
€48k▲ 0.2%
The debt ratio rises from 26.2% to 28.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€3k▼
2023 · €12k
Cash flow
€395▼
2023 · €11k
Solvency
71.5%▼
2023 · 73.8%
Current ratio
4.86▼
2023 · 6.90
Quick ratio
4.57▼
2023 · 6.90
Debt / equity
0.40▲
2023 · 0.35
ROE
-12.1%▼
2023 · -9.6%
ROA
-8.6%▼
2023 · -7.1%
Interest coverage
1.17▼
2023 · 7.82
Debt
€48k▲
2023 · €48k
Debt ≤ 1 year
€26k▲
2023 · €18k
Debt > 1 year
€22k▼
2023 · €30k
Income taxes
€77▼
2023 · €205
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€183k€168k▼
Fixed assets21/28€58k€42k▼
Tangible fixed assets22/27€57k€42k▼
Plant, machinery and equipment23€2k€167▼
Furniture and vehicles24€54k€42k▼
Leasing and similar rights25€473-
Financial fixed assets28€1k€32▼
Current assets29/58€125k€126k▲
Amounts receivable after more than one year29€64k€64k=
Trade receivables290€64k€64k=
Stocks and contracts in progress3-€8k
Stocks30/36-€8k
Amounts receivable within one year40/41€49k€38k▼
Trade receivables40€31k€30k▼
Other amounts receivable41€18k€9k▼
Cash at bank and in hand54/58-€5k
Deferred charges and accrued income490/1€12k€11k▼
Equity and liabilities
Total equity and liabilities10/49€183k€168k▼
Equity10/15€135k€120k▼
Contributions10/11€6k€6k=
Reserves13€144k€114k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€142k€112k▼
Profit (loss) carried forward14€-16k-
Amounts payable17/49€48k€48k▲
Amounts payable after more than one year17€30k€22k▼
Financial debts170/4€30k€22k▼
Amounts payable within one year42/48€18k€26k▲
Current portion of amounts payable after more than one year42€10k€8k▼
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€132€77▼
Taxes450/3€132€77▼
Other amounts payable47/48€4k€14k▲
Income statement
Code20232024
Non-recurring operating income76A€24k-
Remuneration, social security and pensions62€19-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€15k▼
Other operating charges640/8€801€2k▲
Gross operating margin9900€13k€5k▼
Operating profit (loss)9901€-11k€-12k▼
Financial income75/76B€70€7▼
Recurring financial income75€70€7▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-13k€-14k▼
Income taxes67/77€205€77▼
Profit (loss) for the period9904€-13k€-15k▼
Profit (loss) for the period to be appropriated9905€-13k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-30k▼
Profit (loss) brought forward from the previous period14P€-2k€-16k▼
Transfer from equity791/2-€30k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
09-01
KBO administration
UBO non-compliance
event 23-12-2024
2024
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
10-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 132 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 198 days late
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
2021
31-12
Financial
Highest result since 2019net €36k ▲5937%
Operating result €55k, net result €36k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 7.25
Current ratio from 3.58 to 7.25; short-term debt falls from €39k to €22k.
31-12
Financial
Equity above €150kEq €150k ▲31.9%
2 profitable years in a row build equity to €150k.
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 80 days late
2020
31-12
Financial
Back to profitnet €603
Net result €603 after one loss-making year.
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 100 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
10-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 71 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Stekene · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosdorp(STE) 1459190 StekeneGround area
3,398 m²
Building footprint
500 m²
Volume, LiDAR
2,063 m³
2 parcels, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hellestraat(STE) 221, 9190 Stekene
since 19992.131.299.737
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46322D0568/00N000 | Flanders | 2,431 m² | 1 · 118 m² | 7.8 m · 1 fl. |
| 46024B0165/00X015 | Flanders | 967 m² | 1 · 382 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteStekene2.131.299.737
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Of 19,948 companies in sector 43320 we hold annual accounts for 9,084. 7,666 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-12-1998
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.