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WBF

Active
Public limited companyfounded 1997active for 29 yearsSpekestraat 26, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0461.134.535
Summary

WBF has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €972,605 and a net result of -€33,515. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 9,597 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Wholesale trade
NACE 46442
1 site
Size
€3.7mtotal assets 2025
Equity
€972,605
Loss
-€33,515
Turnover not published (abbreviated or micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 53 days early1 of 4 deeds read
Why 93lowers riskSize: total assets €3.7mFigures for financial year 2025 (filed 08-06-2026)Founded in 1997Liquidity: current ratio 0.51, cash €1.2mShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Average
Solvency 52-12
equity 26.6% of total assets
Liquidity 55+27
short-term debt 64.3% · cash 31.5%
Profitability 68-4
return on assets -0.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,381 companies, NACE 46, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.1%▼ -0.2 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: < 0.1%▼ -0.4 percentage points vs 09-2026lowest value
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.51, compared with 0.07 in 2024, below 1; short-term debt: 64.3% and cash: 31.5% of total assets), and 73.4% 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 46, small): better than 30% on solvency, 73% on liquidity, 56% on profitability and 24% on growth.

The bankruptcy probability was computed on 13-10-2026 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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €3.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 08-06-2026)
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.51, cash €1.2m
NBB · annual accounts
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
29 days late
2023
42 days early
2022
23 days late
2021
26 days late
2020
27 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 23 August (4 of the last 5 filed years within 64 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: WILLEMS Rita (director)Appointment: WILLEMS Loes (sole director)…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: From profit to loss in 2025after €72,977 in 2024 -€33,515 View
  • Caution: Among the weakest 13% on net resultsector median €27,435 · 9,576 companies -€33,515 View
  • Caution: Board changedlatest change 18-12-2025 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€3.7m
Loss
-€33,515
Solvency
26.6%
Total assets▲ 43.5%
Net result
20182025
Go to Financials

Timeline

Events
35
Since
1998
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €1m
  2. 19-06-2024Annual accounts filed
  3. 31-12-2023Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46442
Founded
14-07-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
37
Annual meeting
First Friday of June at 19:00
Purpose
“Groot- en kleinhandel, import en export, onderhoud, herstelling, levering, plaatsing en…” (deed in Dutch)
Go to Articles of association

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