WBA TRANSPORT
ActiveThe file of WBA TRANSPORT contains 5 judicial reorganisations, as published in the Belgian State Gazette.
Summary
The annual accounts of WBA TRANSPORT for fiscal year 2024 show a net loss of 85% of the equity at the start of that year. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show equity of €4k and a net result of €-23k. Equity is shrinking by ~23.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 16% of 6717 sector peers (fiscal year 2024).
Checked score
Score 2024
14
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▲+17
Solvency26▼-2
Growth22▼-9
Track record60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 1.0 in 2023; short-term debt: 98.9% and cash: 4.1% of total assets), and 98.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.1%
Return on assets
-5.9%
Age of the figures
22 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-23k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 6717 sector peers (2024).
NBB · sector comparisonPosition among 6717 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 01-07-2025, 1 day 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
1 d late
2023
1 d late
2022
105 d late
2021
on the day
2020
7 d late
2019
1 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€246k▼ 45.6%
2023 · €453k
2019: €488k
2020: €658k
2021: €921k
2022: €590k
2023: €453k
2019 → 2024
EBIT margin
2.1%▲ 6.6pp
2023 · -4.5%
2019: 11.6%
2020: 5.8%
2021: 8.7%
2022: -1.5%
2023: -4.5%
2019 → 2024
Net result
€-23k▲ 43.3%
2023 · €-40k
2019: €33k
2020: €18k
2021: €50k
2022: €-24k
2023: €-40k
2019 → 2024
Working capital
€-21k▼ 1,370%
2023 · €-1k
2019: €40k
2020: €41k
2021: €66k
2022: €36k
2023: €-1k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€658k-€921k▲ 40.0%€590k▼ 36.0%€453k▼ 23.2%€246k▼ 45.6%
Equity€66k-€91k▲ 38.5%€67k▼ 26.3%€27k▼ 59.9%€4k▼ 84.9%
Operating result€38k-€80k▲ 109%€-9k€-20k▼ 121%€5k
Net result€18k-€50k▲ 176%€-24k€-40k▼ 68.2%€-23k▲ 43.3%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €20k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €387k
Fixed assets
€25k ▼ 10.5%
Current assets
€362k ▼ 59.5%
Equity and liabilities €387k
Equity
€4k ▼ 84.9%
Debt
€383k ▼ 57.2%
Debt's share of the balance-sheet total rises from 97.1% to 98.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24k▲
2023 · €-2k
Cash flow
€-4k▲
2023 · €-22k
Current ratio
0.94▼
2023 · 1.00
Debt to equity
93.68▲
2023 · 33.11
ROE
-560.4%▼
2023 · -149.7%
ROA
-5.9%▼
2023 · -4.4%
Interest coverage
0.87▲
2023 · -0.09
Debt ≤ 1 year
€383k▼
2023 · €894k
Staff costs
€20k▼
2023 · €78k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€921k€387k▼
Fixed assets21/28€28k€25k▼
Tangible fixed assets22/27€20k€22k▲
Plant, machinery and equipment23€514€257▼
Furniture and vehicles24€2k€22k▲
Leasing and similar rights25€18k-
Financial fixed assets28€8k€4k▼
Current assets29/58€892k€362k▼
Amounts receivable after more than one year29€40k€40k=
Other amounts receivable291€40k€40k=
Amounts receivable within one year40/41€828k€305k▼
Trade receivables40€477k€23k▼
Other amounts receivable41€350k€283k▼
Cash at bank and in hand54/58€25k€16k▼
Equity and liabilities
Total equity and liabilities10/49€921k€387k▼
Equity10/15€27k€4k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€7k€-16k▼
Amounts payable17/49€894k€383k▼
Amounts payable within one year42/48€894k€383k▼
Current portion of amounts payable after more than one year42€10k-
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€743k€76k▼
Suppliers440/4€128k€74k▼
Bills of exchange payable441€615k€2k▼
Taxes, remuneration and social security45€116k€282k▲
Taxes450/3€79k€206k▲
Remuneration and social security454/9€37k€76k▲
Income statement
Code20232024
Turnover70€453k€246k▼
Goods, raw materials, services and sundry goods60/61€368k€175k▼
Remuneration, social security and pensions62€78k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€8k€27k▲
Gross operating margin9900€85k€71k▼
Operating profit (loss)9901€-20k€5k▲
Financial charges65/66B€20k€28k▲
Recurring financial charges65€20k€28k▲
Profit (loss) for the period before taxes9903€-40k€-23k▲
Profit (loss) for the period9904€-40k€-23k▲
Profit (loss) for the period to be appropriated9905€-40k€-23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-16k▼
Profit (loss) brought forward from the previous period14P€47k€7k▼
Social balance
Average headcount (FTE)90872.4-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · 20240161 · event 18-07-2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
20-06
Judicial reorganisation
Extension
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 11-06-2025
16-05
Judicial reorganisation
Extension
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 07-05-2025
20-03
Judicial reorganisation
Extension
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 12-03-2025
2024
27-11
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 20-11-2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 1 day late
2023
30-11
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 105 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial
Highest result since 2019net €50k ▲176%
Operating result €80k, net result €50k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1 day late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
Registered office, Brussel · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Albaansbergstraat 221020 BrusselGround area
201 m²
Building footprint
108 m²
Volume, LiDAR
1,090 m³
Parcel 21816C0249/00H008, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WBA TRANSPORT
since 20182.274.130.158
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0249/00H008 | Brussels | 201 m² | 1 · 108 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MORYBUSINESS
BE 0804.038.047
Jette · Eq €4,106
LDK - Lesandré
BE 0777.892.686
Sint-Gillis-Waas · Eq €4,062
SD80
BE 0793.464.057
Kinrooi · Eq €4,114
S.L. DOG SPORTS
BE 0479.151.987
Blégny · Eq €4,116
AUTOLINE
BE 0741.559.357
Vilvoorde · Eq €4,116
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 2,411 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-2018
Fiscal year end30-11
Activities, NACEBEL 2025
49410Freight transport by road
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.