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WB Performance

Active
Private limited companyfounded 2024active for 2 yearsBergstraat 33, 3500 Hasselt, BelgiumKBO/BCE: BE 1012.479.070

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 19-12-2025 at the NBB

Equity
-€30,315
Total assets
€100,627
Net result
-€31,315
Working capital
-€70,822

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €100,627
Fixed assets €40,507
Current assets €60,120
Equity and liabilities
Equity-€30,315
Debt€130,941
Equity is negative. Debt (€130,941) exceeds the balance-sheet total (€100,627).
Key figures and ratios
2025 value
EBITDA
-€26,728
Cash flow
-€26,851
Solvency
-30.1%
Current ratio
0.46
Quick ratio
0.17
ROA
-31.1%
Interest coverage
-938.48
Debt
€130,941
Debt ≤ 1 year
€130,941
Income taxes
€94
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Comparable companies

These companies have the same main activity as WB Performance: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €77,500 and €122,000, founded in 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
WB Performance Hasselt2024€100,627-€30,315-€25,388-€31,3152025
DBCarSelect Namur2024€81,907-€35,196-€16,235-€38,1962025
KATALYTE Tielt2024€102,478-€89,204-€27,631-€60,0322025
SCUDERIA PAOLO Charleroi2024€121,924-€105,642-€62,363-€82,3712025
JIFAST Asse2024€106,701€16,918€614€422025
Deal Automotive Steenokkerzeel2024€79,485€1,639-€17,772-€18,3612025
BJ CARS SOLUTIONS Saint-Nicolas2024€77,497-€34,265-€32,156-€34,2652025

They were chosen from the 1,931 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 7,639 companies had the same profile as WB Performance has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% was still going

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of WB Performance itself: 1.8% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the 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%

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 7,639 companies, not a prediction for WB Performance. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines

Source: Annual accounts 2025 at the NBB, filed on 19-12-2025.

Balance sheet Code2025
Assets
Total assets20/58€100,627
Fixed assets21/28€40,507
Tangible fixed assets22/27€40,507
Plant, machinery and equipment23€8,251
Furniture and vehicles24€32,256
Current assets29/58€60,120
Stocks and contracts in progress3€37,606
Stocks30/36€37,606
Amounts receivable within one year40/41€223
Other amounts receivable41€223
Cash at bank and in hand54/58€20,802
Deferred charges and accrued income490/1€1,489
Equity and liabilities
Total equity and liabilities10/49€100,627
Equity10/15-€30,315
Contributions10/11€1,000
Profit (loss) carried forward14-€31,315
Amounts payable17/49€130,941
Amounts payable within one year42/48€130,941
Trade debts44€4,277
Suppliers440/4€4,277
Taxes, remuneration and social security45€4,805
Taxes450/3€3,805
Remuneration and social security454/9€1,000
Other amounts payable47/48€121,859
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,464
Other operating charges640/8€1,340
Gross operating margin9900-€25,388
Operating profit (loss)9901-€31,192
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€28
Recurring financial charges65€28
Profit (loss) for the period before taxes9903-€31,221
Income taxes67/77€94
Profit (loss) for the period9904-€31,315
Profit (loss) for the period to be appropriated9905-€31,315
Appropriation of the result
Profit (loss) to be appropriated9906-€31,315

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,464
Other operating charges640/8€1,340
Gross operating margin9900-€25,388
Operating profit (loss)9901-€31,192
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€28
Recurring financial charges65€28
Profit (loss) for the period before taxes9903-€31,221
Income taxes67/77€94
Profit (loss) for the period9904-€31,315
Profit (loss) for the period to be appropriated9905-€31,315
Line2025
Assets
Total assets20/58€100,627
Fixed assets21/28€40,507
Tangible fixed assets22/27€40,507
Plant, machinery and equipment23€8,251
Furniture and vehicles24€32,256
Current assets29/58€60,120
Stocks and contracts in progress3€37,606
Stocks30/36€37,606
Amounts receivable within one year40/41€223
Other amounts receivable41€223
Cash at bank and in hand54/58€20,802
Deferred charges and accrued income490/1€1,489
Equity and liabilities
Total equity and liabilities10/49€100,627
Equity10/15-€30,315
Contributions10/11€1,000
Profit (loss) carried forward14-€31,315
Amounts payable17/49€130,941
Amounts payable within one year42/48€130,941
Trade debts44€4,277
Suppliers440/4€4,277
Taxes, remuneration and social security45€4,805
Taxes450/3€3,805
Remuneration and social security454/9€1,000
Other amounts payable47/48€121,859
Line2025
Profit (loss) for the period9904-€31,315
+ Depreciation and write-downs630€4,464
Operating cash flow (approximation)-€26,851

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-06-2025 micro format 19-12-2025 2025-00592462 NBB

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