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WAN

Active
Private limited companyfounded 2023active for 3 yearsZandstraat(SP) 60, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0802.740.425
Summary

The computed 12-month bankruptcy probability of WAN is 4.8% (elevated). The 2024 annual accounts show equity of €8,104 and a net result of €2,442. Its solvency ranks better than 24% of 3,515 sector peers (NACE 95, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311
1 site
Size
≈ €440,000turnover 2024, estimated
Staff
2 FTE
Equity
€8,104
Profit
€2,442
Turnover estimated from the gross margin
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.8%
Structure
2025 accounts not filed, 90 days past the deadline
Why 37raises riskFigures for financial year 2024 (filed 26-08-2025)Founded in 20231 financial year not filed after the legal deadline; last filed accounts filed 26 days latelowers riskSize: total assets €102,189Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 35% of its sector peers (NACE 95, micro)
Financial strength · tick = 2023
Weak
Solvency 33+3
equity 7.9% of total assets
Liquidity 14-15
short-term debt 75.5% · cash 4.1%
Profitability 43+4
return on assets 2.4%
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,125 companies, NACE 95, micro)
Last 24 months 11-2024: 2.0%lowest value 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.2%▲ +0.2 percentage points vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.3%▲ +0.1 percentage points vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.4%▲ +0.1 percentage points vs 05-2025 07-2025: 2.5%▲ +0.1 percentage points vs 06-2025 08-2025: 3.0%▲ +0.5 percentage points vs 07-2025 09-2025: 2.7%▼ -0.3 percentage points vs 08-2025 10-2025: 2.7%● unchanged vs 09-2025 11-2025: 2.7%● unchanged vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.6%▼ -0.1 percentage points vs 12-2025 02-2026: 2.5%▼ -0.1 percentage points vs 01-2026 03-2026: 2.3%▼ -0.2 percentage points vs 02-2026 04-2026: 2.4%▲ +0.1 percentage points vs 03-2026 05-2026: 2.4%● unchanged vs 04-2026 06-2026: 2.4%● unchanged vs 05-2026 07-2026: 2.5%▲ +0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +0.7 percentage points vs 07-2026 09-2026: 3.4%▲ +0.2 percentage points vs 08-2026 10-2026: 4.8%▲ +1.4 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.03, compared with 1.02 in 2023, below the usual 1.5; short-term debt: 75.5% and cash: 4.1% of total assets), and 92.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 21% on solvency, 10% on liquidity, 25% on profitability and 83% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 26-08-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 26 days late
NBB · filings
lowers risk · Size: total assets €102,189
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 3515 sector peers (2024).
NBB · sector comparison
Position among 3515 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline29-10-2026 today
raises risk · 2024 accounts filed 26 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
26 days late
2023
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 27 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. IncorporationAppointment: AUDENAERT Steven (director) ·…

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.

Turnover
≈ €440,000
Estimated: probably between €350,000 and €600,000
Total assets
€102,189▼ 8.4%
2023 · €111,556
Net result
€2,442▲ 269%
2023 · €662
Working capital
€2,426▲ 64.7%
2023 · €1,473
Trend over the years

2023 to 2024, 2 financial years

The operating result rises in 2024; 2024 is 3.7 times 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€2,442 2024 Net result€2,442 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€662-€2,442▲ 269%
Net result€662within the sector's middle half-€2,442within the sector's middle half▲ 269%
Equity€5,662below the sector's middle half-€8,104within the sector's middle half▲ 43.1%
Total assets€111,556within the sector's middle half-€102,189within the sector's middle half▼ 8.4%
Debt€105,894-€81,602▼ 22.9%
Working capital€1,473within the sector's middle half-€2,426within the sector's middle half▲ 64.7%
Solvency5.1%below the sector's middle half-7.9%below the sector's middle half▲ 2.9pp
Current ratio1.02within the sector's middle half-1.03within the sector's middle half▲ 0.01
Return on assets (ROA)0.6%within the sector's middle half-2.4%within the sector's middle half▲ 1.8pp
Staff (FTE)2-2=
above within below the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €102,189
Fixed assets €22,656 ▼ 29.3%
Current assets €79,533 =
Equity and liabilities €102,189
Equity €8,104 ▲ 43.1%
Provisions €12,483
Debt €81,602 ▼ 22.9%
Debt's share of the balance-sheet total falls from 94.9% to 79.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€11,817▲
2023 · €6,131
Cash flow
€11,817▲
2023 · €6,131
Debt to equity
10.07▼
2023 · 18.70
ROE
30.1%▲
2023 · 11.7%
Debt ≤ 1 year
€77,107▼
2023 · €78,052
Staff costs
€122,930▲
2023 · €48,788
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.1% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,135 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€111,556€102,189▼
Fixed assets21/28€32,031€22,656▼
Tangible fixed assets22/27€32,031€22,656▼
Plant, machinery and equipment23€32,031€22,656▼
Current assets29/58€79,525€79,533=
Amounts receivable within one year40/41€64,582€72,349▲
Trade receivables40€64,582€72,349▲
Cash at bank and in hand54/58€14,943€4,187▼
Deferred charges and accrued income490/1-€2,996
Equity and liabilities
Total equity and liabilities10/49€111,556€102,189▼
Equity10/15€5,662€8,104▲
Contributions10/11€5,000€5,000=
Reserves13€662€3,104▲
Distributable reserves133€662€3,104▲
Provisions and deferred taxes16-€12,483
Provisions for liabilities and charges160/5-€12,483
Other liabilities and charges164/5-€12,483
Amounts payable17/49€105,894€81,602▼
Amounts payable within one year42/48€78,052€77,107▼
Trade debts44€1,166€2,277▲
Suppliers440/4€1,166€2,277▲
Taxes, remuneration and social security45€11,647€15,596▲
Taxes450/3€9,068€15,596▲
Remuneration and social security454/9€2,579-
Other amounts payable47/48€65,239€59,233▼
Accrued charges and deferred income492/3€27,842€4,495▼
Income statement Code20232024
Non-recurring operating income76A€1,225€902▼
Remuneration, social security and pensions62€48,788€122,930▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,469€9,375▲
Non-recurring operating charges66A-€12,483
Gross operating margin9900€54,919€147,231▲
Operating profit (loss)9901€662€2,442▲
Profit (loss) for the period before taxes9903€662€2,442▲
Profit (loss) for the period9904€662€2,442▲
Profit (loss) for the period to be appropriated9905€662€2,442▲
Appropriation of the result
Profit (loss) to be appropriated9906€662€2,442▲
Transfer to equity691/2€662€2,442▲
To other reserves6921€662€2,442▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Non-recurring operating income76A€1,225€902▼ 26.4%
Remuneration, social security and pensions62€48,788€122,930▲ 152%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,469€9,375▲ 71.4%
Non-recurring operating charges66A-€12,483-
Gross operating margin9900€54,919€147,231▲ 168%
Operating profit (loss)9901€662€2,442▲ 269%
Profit (loss) for the period before taxes9903€662€2,442▲ 269%
Profit (loss) for the period9904€662€2,442▲ 269%
Profit (loss) for the period to be appropriated9905€662€2,442▲ 269%
Line20232024Change
Assets
Total assets20/58€111,556€102,189▼ 8.4%
Fixed assets21/28€32,031€22,656▼ 29.3%
Tangible fixed assets22/27€32,031€22,656▼ 29.3%
Plant, machinery and equipment23€32,031€22,656▼ 29.3%
Current assets29/58€79,525€79,533=
Amounts receivable within one year40/41€64,582€72,349▲ 12.0%
Trade receivables40€64,582€72,349▲ 12.0%
Cash at bank and in hand54/58€14,943€4,187▼ 72.0%
Deferred charges and accrued income490/1-€2,996-
Equity and liabilities
Total equity and liabilities10/49€111,556€102,189▼ 8.4%
Equity10/15€5,662€8,104▲ 43.1%
Contributions10/11€5,000€5,000=
Reserves13€662€3,104▲ 369%
Distributable reserves133€662€3,104▲ 369%
Provisions and deferred taxes16-€12,483-
Provisions for liabilities and charges160/5-€12,483-
Other liabilities and charges164/5-€12,483-
Amounts payable17/49€105,894€81,602▼ 22.9%
Amounts payable within one year42/48€78,052€77,107▼ 1.2%
Trade debts44€1,166€2,277▲ 95.3%
Suppliers440/4€1,166€2,277▲ 95.3%
Taxes, remuneration and social security45€11,647€15,596▲ 33.9%
Taxes450/3€9,068€15,596▲ 72.0%
Remuneration and social security454/9€2,579--
Other amounts payable47/48€65,239€59,233▼ 9.2%
Accrued charges and deferred income492/3€27,842€4,495▼ 83.9%
Line20232024Change
Profit (loss) for the period9904€662€2,442▲ 269%
+ Depreciation and write-downs630€5,469€9,375▲ 71.4%
Operating cash flow (approximation)€6,131€11,817▲ 92.8%
Investment in fixed assets (approximation)-€0-
Change in cash--€10,756-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 26-08-2025 2025-00408072
31-12-2023 micro format 27-08-2024 2024-00400706

Similar companies · same sector, comparable size

Of the 7,297 active companies whose main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311), figures are known for 3,015. 1,147 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 · 1 entry · €328 awarded · €328 paid
Schemes
1 entry · €328 · €328 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
AUDENAERT Steven
Director · since 16-06-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
AUDENAERT Steven
  • Director, from 16-06-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 16-06-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 16-06-2023 Incorporation · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 14 June 2023, WAN was incorporated as a private limited company by one natural person.12 AUDENAERT Steven has served as director of the company since 2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-06-2023
  3. 3National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
26-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 26 days late
2024
27-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 27 days late
2023
16-06
Gazette deed Incorporation
Appointment: AUDENAERT Steven (director) · Founder · Founding capital8 facts ▸
  • Incorporation, “WAN” (deed in Dutch)
  • Founder, AUDENAERT Steven
  • Founding capital
  • Capital
  • Registered office clause, “9170 Sint-Pauwels,Zandstraat 60” (deed in Dutch)
  • Director appointment, AUDENAERT Steven (director)
  • Board rule, 1
  • Pre-incorporation commitments, “takeover, alle verbintenissen en alle verplichtingen die eruit voortvloeien,en alle activiteiten ondernomen in naam en voor rekening van de vennootschap in opri…” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded14-06-2023
Financial year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95315Tyre services
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802740425
Also 9925:BE0802740425
Registered 10-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Gillis-Waas · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
1,672 m²
Building footprint
505 m²
Building volume
2,405 m³
Parcel 46022B0366/00A002, Flanders · tallest building 5.9 m. Linked by address, not a title deed.
1 establishment unit
WAN
Zandstraat(SP) 60, 9170 Sint-Gillis-WaasGeneral maintenance and repair of cars and light vans (up to 3.5 tonnes)
since 2023unit no. 2.345.951.631
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46022B0366/00A002 Flanders 1,672 m² 1 · 505 m² 5.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Algemeen onderhoud en reparatie van auto’s en lichte bestelwagens; Bandenservicebedrijven; Carosserieherstelling; Detailhandel in auto’s en…” (deed in Dutch)
5 activities (deed in Dutch)
  1. Algemeen onderhoud en reparatie van auto’s en lichte bestelwagens
  2. Bandenservicebedrijven
  3. Carosserieherstelling
  4. Detailhandel in auto’s en lichte bestelwagens(= 3,5 ton)
  5. Detailhandel in andere motorvoertuigen (> 3,5 ton)

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
WAN
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)

deed of 16-06-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering bepaalt aantal, duur opdracht en bij meerdere bevoegdheid, benoemd met of zonder beperking van duur” (deed in Dutch)
“Of mandaat al dan niet ten kosteloze titel wordt uitgeoefend, algemene kosten, los van representatie-, reis- en verplaatsingskosten” (deed in Dutch)

deed of 16-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 19:00

deed of 16-06-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“In de vormen vereist voor de statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bij ontbinding,om welke reden en op welk ogenblik het ook zij, recht van de algemene vergadering om één of meerdere vereffenaars aan te…” (deed in Dutch)

deed of 16-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bestuursbevoegdheid, geheel bevoegdheden aan hem toegekend, met mogelijkheid deel te delegeren” (deed in Dutch)
Other provision: “Dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat, Dagelijks bestuur” (deed in Dutch)
Other provision: “Drie jaar, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, houder van effecten op naam moet als zodanig ingeschreven zijn in het register met betrekking tot zijn…” (deed in Dutch)
Other provision: “Algemene vergadering wordt voorgezeten door een bestuurder of,bij gebrek daaraan,door de aanwezige aandeelhouder die de meeste aandelen…” (deed in Dutch)
Other provision: “Beraadslagingen, behoudens in de gevallen voorzien door de wet of deze statuten,worden de besluiten genomen bij meerderheid van…” (deed in Dutch)
Other provision: “Bestuursorgaan, elke gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Goederen die nog in natura voorhanden zijn op dezelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding van…” (deed in Dutch)
Other provision: “Slot-en overgangsbepalingen uitwerking, volgende beslissingen neemt de oprichter eenparig” (deed in Dutch)
1 more provision in the deed, see the deed of 16-06-2023

deed of 16-06-2023