Equity
€42,660 from €188,665 in 2011
Equity fell by 77% in 14 years.
WAGCOM
Lifetime
18 annual accounts with figures on one time axis, 33 filings since 1991peak €20,858 (2009)
€2,922▼ 80.9%
lowest -€25,887 (2025)
-€25,887▼ €10,098
peak €188,665 (2011)
€42,660▼ 37.8%
€103,197▲ 1.0%
Board1 name since 2021
-
Owners2 names in the annual accounts
99.36%OMICON
Documentsfilings and deeds
31-03-2026122 days before the deadline
2025abbreviated format
Gross margin from €15,333 to €2,922Loss of €25,887Equity from €68,547 to €42,660
Key points
from the 2025 annual accountsChecked score
65
Healthy
Financially stronger than 15% of micro companies without a NACE code
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.2%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 0.4%▼ -0.8 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025lowest value
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.5 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €25,887, the second in a row (financial year 2025)
No registered site in the KBO
lowers risk
Size: total assets €145,857
Founded in 1990
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 (no NACE code, micro). It does better than 33% of them on solvency, 12% on liquidity, 4% on profitability and 12% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,221 companies had the same profile as WAGCOM has now. Each dot stands for 4 companies, two years later.
88.6%
were still trading
7.4%
stopped another way
3.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WAGCOM itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,221 companies, not a prediction for WAGCOM. 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.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.08 (0.08 in 2024), below 1. Short-term debt is 70.8% and cash 5.5% of total assets. 70.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€25,887
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 days early
2024
5 days late
2023
85 days early
2022
118 days early
2021
26 days early
2020
142 days early
2019
65 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 79 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 May (4 of the last 5 accounts filed within 58 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0442346625
Change of role: Marc MEURISSE, from manager to statutory director
Legal-form conversion: from partnership limited by shares to private limited company · Director discharge: Marc MEURISSE · 157 shares · General meeting of 28-11-2023 · Gazette deed
Incorporation
published on 17-11-1990 · Gazette deed
Official details
Source: KBO- Status
- Active since 26-10-1990Normal situation
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Reachable since 26-01-2026
Annual accounts 2025
- ≈ €20,000estimated
- €145,857▼ 14.5%
- Filing
- Filed on 31-03-2026, 122 days before the end of the filing period
Insights on WAGCOM
WAGCOM files the abbreviated format. That format states no turnover. The gross margin fell from €20,102 in 2008 to €2,922 in 2025.
The balance sheet grew most in 2021 through fixed assets.
OMICON holds 99.36% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WAGCOM
- What is the company number of WAGCOM?
- The company number of WAGCOM is 0442.346.625. The VAT number is the same number with BE in front: BE 0442.346.625.
- Where is WAGCOM based?
- The registered office is at Zeedijk-Knokke 668, 8300 Knokke-Heist.Company details
- What is the legal form of WAGCOM?
- WAGCOM is a private limited company (BV).
- When was WAGCOM founded?
- WAGCOM was founded on 26-10-1990.
- Is WAGCOM still active?
- Yes, WAGCOM is an active enterprise in the KBO register.
- What is the turnover of WAGCOM?
- The turnover in financial year 2025 is ≈ €20,000. This figure is estimated from the gross margin of €2,922 and 2,720 comparable companies of the same size. It probably lies between €8,200 and €49,000. It is a rough estimate.Financials
- Is WAGCOM profitable?
- In financial year 2025, WAGCOM made a loss of €25,887.
- Where can I find the annual accounts of WAGCOM?
- WAGCOM filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WAGCOM due?
- WAGCOM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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