Result
€35,955 €35,955
Back in profit in 2025, after a loss of €16,676 in 2024.
WAGEMANS
Lifetime
13 annual accounts with figures on one time axispeak €156,984 (2016)
€80,348▲ 269%
lowest -€16,676 (2024)
€35,955▲ €52,631
peak €139,230 (2023)
€134,509▲ 9.8%
€377,131▲ 10.8%
peak 1 FTE (2013)
-not published
Board1 name since 2012
1 directorWAGEMANS KEVIN
Documentsfilings and deeds
18-06-202643 days before the deadline
2025abbreviated format
Gross margin from €21,787 to €80,348Back to profit: €35,955Cash from €7,539 to €16,754
Key points
from the 2025 annual accountsChecked score
70
Healthy
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.6%▲ +0.1 percentage points vs 03-2025
05-2025: 2.0%▲ +0.4 percentage points vs 04-2025
06-2025: 1.9%▼ -0.1 percentage points vs 05-2025
07-2025: 2.0%▲ +0.1 percentage points vs 06-2025
08-2025: 2.4%▲ +0.4 percentage points vs 07-2025
09-2025: 3.0%▲ +0.6 percentage points vs 08-2025
10-2025: 4.5%▲ +1.5 percentage points vs 09-2025highest value
11-2025: 1.9%▼ -2.6 percentage points vs 10-2025
12-2025: 2.3%▲ +0.4 percentage points vs 11-2025
01-2026: 4.1%▲ +1.8 percentage points vs 12-2025
02-2026: 4.1%● unchanged vs 01-2026
03-2026: 3.3%▼ -0.8 percentage points vs 02-2026
04-2026: 3.3%● unchanged vs 03-2026
05-2026: 3.2%▼ -0.1 percentage points vs 04-2026
06-2026: 3.1%▼ -0.1 percentage points vs 05-2026
07-2026: 0.6%▼ -2.5 percentage points vs 06-2026lowest value
08-2026: 0.6%● unchanged vs 07-2026lowest value
09-2026: 0.6%● unchanged vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026lowest value
11-2026: 0.6%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 2.61, cash €16,754
lowers risk
Founded in 2012
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 43, micro). It does better than 28% of them on solvency, 41% on liquidity, 54% on profitability and 55% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 2,609 companies had the same profile as WAGEMANS has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of WAGEMANS itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,448 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 2,609 companies, not a prediction for WAGEMANS. 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 €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.61 (3.53 in 2024), above the usual 1.5. Short-term debt is 17.7% and cash 3.3% of total assets. However, 73.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 18-06-2026, 43 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
43 days early
2024
204 days late
2023
51 days early
2022
32 days late
2021
23 days early
2020
51 days late
2019
33 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed 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 July (4 of the last 5 accounts filed within 55 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Kortrijk to Wevelgem
New registered office: Wijnbergstraat 150, 8560 Wevelgem · Previous registered office: MOORSEELSESTRAAT 242 8501 KORTRIJK (HEULE) · General meeting of 23-09-2023 · Gazette deed
First establishment
Wijnbergstraat 150, Wevelgem
Incorporation
published on 23-01-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WAGEMANS Wevelgem | €511,640 | €80,348 | 26.3% | - |
| Vascoda Wevelgem | €514,361 | €77,154 | 4.1% | - |
| RENOBELT Damme | €461,974 | €96,158 | 33.2% | - |
| GB CONSTRUCT Jabbeke | €593,299 | €70,201 | 69.5% | - |
| VANCOILLIE-DE COKERE Tielt | €450,644 | €90,231 | 26.6% | - |
| Dak- & schrijnwerken Robby Van Hauwe Aalst | €550,993 | €83,039 | 57.8% | - |
| MB DANCE COMPANY Pepingen | €486,374 | €88,474 | 29.7% | - |
These companies have the same main activity as WAGEMANS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €451,000 and €593,000, founded between 2009 and 2012.
Official details
Source: KBO- Status
- Active since 19-01-2012Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.206.090.4978560 Wevelgem, since 26-01-2012
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €360,000estimated
- €511,640▲ 10.5%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on WAGEMANS
WAGEMANS files the abbreviated format. That format states no turnover. The gross margin rose from €43,651 in 2013 to €80,348 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
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 WAGEMANS
- What is the company number of WAGEMANS?
- The company number of WAGEMANS is 0842.912.974. The VAT number is the same number with BE in front: BE 0842.912.974.
- Where is WAGEMANS based?
- The registered office is at Wijnbergstraat 150, 8560 Wevelgem.Company details
- What does WAGEMANS do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of WAGEMANS?
- WAGEMANS is a private limited company (pre-2019) (BVBA).
- When was WAGEMANS founded?
- WAGEMANS was founded on 19-01-2012.
- Is WAGEMANS still active?
- Yes, WAGEMANS is an active enterprise in the KBO register.
- What is the turnover of WAGEMANS?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €80,348 and 49 comparable companies (NACE 43320). It probably lies between €240,000 and €500,000.Financials
- Is WAGEMANS profitable?
- In financial year 2025, WAGEMANS made a profit of €35,955.
- Where can I find the annual accounts of WAGEMANS?
- WAGEMANS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WAGEMANS due?
- WAGEMANS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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