Financials
- Fiscal year
- 2024
- Turnover
- €6,851
- Loss
- -€13,814
- Solvency
- 46.6%
Turnover▼ 69.1%
Net result
20202024
WAGERO
ActiveSummary
WAGERO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49,827 and a net result of -€13,814. Equity is shrinking by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 3561 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Activity
Joinery installation
NACE 43320NACE 45421
2 sites
Size
€6,851turnover 2024
- Equity
- €49,827
- Loss
- -€13,814
Structure
Accounts 65 d overdue0 of 2 deeds read
Why 64- Figures for FY 2024 (filed 21-08-2025)- Loss of €13,814, the second in a row (FY 2024)+ Founded in 1994+ Liquidity: current ratio 1.83, cash €24,543Show the evidence
Checked score
Score 2024
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 35% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2022
Weak
Solvency
72-13
equity 46.6% of total assets
Liquidity
52-1
short-term debt 53.4% · cash 23.0%
Profitability
5-29
return on assets -12.9%
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 1.3%▲ +48.1% vs 11-2024
01-2025: 2.9%▲ +121% vs 12-2024
02-2025: 2.9%● 0.0% vs 01-2025
03-2025: 3.0%▲ +1.6% vs 02-2025
04-2025: 2.7%▼ -9.6% vs 03-2025
05-2025: 2.7%● 0.0% vs 04-2025
06-2025: 2.7%● 0.0% vs 05-2025
07-2025: 2.7%● 0.0% vs 06-2025
08-2025: 3.9%▲ +47.1% vs 07-2025highest value
09-2025: 0.6%▼ -84.0% vs 08-2025
10-2025: 0.6%● 0.0% vs 09-2025
11-2025: 0.6%● 0.0% vs 10-2025
12-2025: 0.6%● 0.0% vs 11-2025
01-2026: 0.6%▲ +2.4% vs 12-2025
02-2026: 0.7%▲ +1.2% vs 01-2026
03-2026: 0.7%▼ -0.6% vs 02-2026
04-2026: 0.7%▲ +2.5% vs 03-2026
05-2026: 0.7%▼ -1.0% vs 04-2026
06-2026: 0.6%▼ -8.6% vs 05-2026lowest value
07-2026: 0.6%▲ +4.1% vs 06-2026
08-2026: 0.9%▲ +45.2% vs 07-2026
09-2026: 0.9%▲ +3.4% vs 08-2026
10-2026: 1.3%▲ +35.0% vs 09-2026
- Founded in 1994 lowers the probability for this profile
- Figures for FY 2024 (filed 21-08-2025) raises the probability
- Loss of €13,814, the second in a row (FY 2024) raises the probability
- Liquidity: current ratio 1.83, cash €24,543 lowers the probability
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.83 against 2.45 in 2022; short-term debt: 53.4% and cash: 23% of total assets), but 53.4% 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 (NACE 43, micro). Better than this share of them on solvency 50%, liquidity 46%, profitability 10%. 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.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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
21 d late
2022
25 d late
2021
31 d late
2020
24 d late
2017
31 d late
2014
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Weakest financial yearnet -€13,814
- Annual accounts filedfiscal year 2022 · full…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2007
- 21-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 25-08-2023Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 03-06-1994
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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