Skip to content

Wag Auto

Active
Private limited companyfounded 20251 yr activeNapelsstraat 8, 1050 Elsene, BelgiumKBO/BCE: BE 1020.889.564
Summary

The computed 12-month bankruptcy probability of Wag Auto is 2.0% (moderate). The 2025 annual accounts show equity of €202,660 and a net result of €102,660. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€578,813total assets 2025
Equity
€202,660
Profit
€102,660
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
2.0%
Structure
Board
1 member
Accounts filed 31 d late2 of 4 deeds read
Why 54- 2 changes of registered office in 24 months+ Size: total assets €578,813+ No main activity registered+ Liquidity: current ratio 2.08, cash €162,051Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 56% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 60
equity 35.0% of total assets
Liquidity 61
short-term debt 48.0% · cash 28.0%
Profitability 91
return on assets 17.7%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 04-2026: 7.3% 05-2026: 7.4%▲ +1.9% vs 04-2026 06-2026: 7.5%▲ +1.5% vs 05-2026 07-2026: 8.4%▲ +11.1% vs 06-2026 08-2026: 12.5%▲ +49.6% vs 07-2026highest value 09-2026: 2.0%▼ -84.0% vs 08-2026lowest value 10-2026: 2.0%● 0.0% vs 09-2026lowest value
  • 2 changes of registered office in 24 months raises the probability
  • Size: total assets €578,813 lowers the probability for this profile
  • No main activity registered lowers the probability
  • Liquidity: current ratio 2.08, cash €162,051 lowers the probability
Credit up to €10,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.08; short-term debt: 48% and cash: 28% of total assets), but 65% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 36%, liquidity 58%, profitability 74%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Size: total assets €578,813
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · No main activity registered
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.08, cash €162,051
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Registered officeRegistered-office move · Statutes amendment…
  3. Resignation: Charles WAGEMANS (director)Appointment: Bernard HESBEEN (director) ·…

Key points

  • Caution: Board changedlatest change 05-05-2026 · 1 in office 1 joined · 1 left View
  • Total assets 2025first fiscal year filed €578,813 View
  • Active since 2025founded 11-03-2025 1 years View

By topic

Financials

Fiscal year
2025
Total assets
€578,813
Profit
€102,660
Solvency
35.0%
Go to Financials

Timeline

Events
3
Since
2026
  1. 31-08-2026Annual accounts filed
  2. 20-07-2026Registered office
  3. 05-05-2026Resignation: Charles WAGEMANS (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
11-03-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.