WAGELPLUS
InactiveWAGELPLUS was declared bankrupt on 02-12-2024 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 09-12-2025, published in the Belgian State Gazette on 12-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-09-2023, 61 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
not filed
2023
not filed
2022
61 d late
2021
82 d late
2020
60 d late
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 47 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,302▼ 16.6%
2021 · -€1,975
Working capital
-€150,896▼ 1.5%
2021 · -€148,598
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€1,209--€2,993▼ 148%-€1,370▲ 54.2%-€1,387▼ 1.2%-€1,725▼ 24.4%
Net result-€1,263--€3,306▼ 162%-€1,951▲ 41.0%-€1,975▼ 1.2%-€2,302▼ 16.6%
Equity€197,558-€54,652▼ 72.3%€52,702▼ 3.6%€50,727▼ 3.7%€48,424▼ 4.5%
Total assets€199,854-€199,815=€199,873=€199,859=€199,859=
Debt€1,796-€144,663▲ 7,955%€146,721▲ 1.4%€149,133▲ 1.6%€151,435▲ 1.5%
Working capital-€1,742--€144,648▼ 8,205%-€146,648▼ 1.4%-€148,598▼ 1.3%-€150,896▼ 1.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,725 in 2022 against €1,387 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €199,859
Fixed assets
€199,800 =
Current assets
€59 =
Equity and liabilities €199,859
Equity
€48,424 ▼ 4.5%
Debt
€151,435 ▲ 1.5%
Debt's share of the balance-sheet total rises from 74.6% to 75.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.00▼
2021 · 0.00
Debt to equity
3.13▲
2021 · 2.94
ROE
-4.8%▼
2021 · -3.9%
ROA
-1.2%▼
2021 · -1.0%
Debt ≤ 1 year
€150,955▲
2021 · €148,658
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€450 | - | - |
| Other operating charges640/8 | - | €347 | - | €348 | €348 | = |
| Gross operating margin9900 | -€362 | -€2,646 | -€1,072 | -€1,489 | -€1,377 | ▲ 7.5% |
| Operating profit (loss)9901 | -€1,209 | -€2,993 | -€1,370 | -€1,387 | -€1,725 | ▼ 24.4% |
| Financial charges65/66B | - | €313 | - | €588 | €577 | ▼ 1.8% |
| Recurring financial charges65 | €53 | €313 | €581 | €588 | €577 | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | -€1,263 | -€3,306 | -€1,951 | -€1,975 | -€2,302 | ▼ 16.6% |
| Profit (loss) for the period9904 | -€1,263 | -€3,306 | -€1,951 | -€1,975 | -€2,302 | ▼ 16.6% |
| Profit (loss) for the period to be appropriated9905 | -€1,263 | -€3,306 | -€1,951 | -€1,975 | -€2,302 | ▼ 16.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €199,854 | €199,815 | €199,873 | €199,859 | €199,859 | = |
| Fixed assets21/28 | €199,800 | €199,800 | €199,800 | €199,800 | €199,800 | = |
| Financial fixed assets28 | €199,800 | €199,800 | €199,800 | €199,800 | €199,800 | = |
| Current assets29/58 | €54 | €15 | €73 | €59 | €59 | = |
| Cash at bank and in hand54/58 | €54 | €15 | €73 | €59 | €59 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €199,854 | €199,815 | €199,873 | €199,859 | €199,859 | = |
| Equity10/15 | €197,558 | €54,652 | €52,702 | €50,727 | €48,424 | ▼ 4.5% |
| Contributions10/11 | €260,805 | - | - | €121,205 | €121,205 | = |
| Outside capital11 | - | €121,204 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €1,860 | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€65,106 | -€68,412 | -€70,363 | -€72,338 | -€74,640 | ▼ 3.2% |
| Provisions and deferred taxes16 | €500 | €500 | €450 | - | - | - |
| Provisions for liabilities and charges160/5 | - | €500 | - | - | - | - |
| Other liabilities and charges164/5 | - | €500 | - | - | - | - |
| Amounts payable17/49 | €1,796 | €144,663 | €146,721 | €149,133 | €151,435 | ▲ 1.5% |
| Amounts payable within one year42/48 | €1,796 | €144,663 | €146,721 | €148,658 | €150,955 | ▲ 1.5% |
| Trade debts44 | €72 | €1,732 | €1,499 | €1,014 | €529 | ▼ 47.8% |
| Suppliers440/4 | - | €1,732 | - | €1,014 | €529 | ▼ 47.8% |
| Other amounts payable47/48 | - | €142,931 | - | €147,643 | €150,426 | ▲ 1.9% |
| Accrued charges and deferred income492/3 | - | - | - | €475 | €480 | ▲ 1.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,263 | -€3,306 | -€1,951 | -€1,975 | -€2,302 | ▼ 16.6% |
| Operating cash flow (approximation) | -€1,263 | -€3,306 | -€1,951 | -€1,975 | -€2,302 | ▼ 16.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€39 | €58 | -€14 | €0 | ▲ 100% |
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
2025
12-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 09-12-2025
2024
09-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 02-12-2024
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 60 days late
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet -€3,306
Net result drops to -€3,306, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
04-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 4 days late
SignalFinancial 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARIELLE DONNE PLACE PUISSANT 13, 4171 POUL-
SEUR |
02-12-2024 → 09-12-2025 |
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
90%
According to the 2022 annual accounts of WAGELPLUS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.