WD
ActiveSummary
WD has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.29M and a net result of €103k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-18
Solvency56▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.27 in 2024; short-term debt: 9.2% and cash: 0.2% of total assets), and 68.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.2%
Return on assets
2.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-10-2025, 96 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
96 d early
2024
42 d early
2023
51 d early
2022
50 d early
2021
143 d early
2020
47 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.29M▲ 8.7%
2024 · €1.18M
2019: €340k
2020: €439k
2021: €969k
2022: €1.28M
2023: €1.06M
2024: €1.18M
2019 → 2025
Total assets
€4.13M▼ 6.7%
2024 · €4.43M
2019: €1.58M
2020: €2.15M
2021: €3.31M
2022: €4.01M
2023: €4.09M
2024: €4.43M
2019 → 2025
Net result
€103k▼ 62.6%
2024 · €276k
2019: €140k
2020: €99k
2021: €530k
2022: €316k
2023: €235k
2024: €276k
2019 → 2025
Working capital
€-342k▲ 17.3%
2024 · €-414k
2019: €-411k
2020: €-606k
2021: €39k
2022: €-11k
2023: €-467k
2024: €-414k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€969k-€1.28M▲ 32.6%€1.06M▼ 17.5%€1.18M▲ 11.9%€1.29M▲ 8.7%
Operating result€381k-€251k▼ 34.2%€374k▲ 49.1%€516k▲ 38.2%€267k▼ 48.3%
Net result€530k-€316k▼ 40.4%€235k▼ 25.7%€276k▲ 17.4%€103k▼ 62.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.13M
Fixed assets
€4.09M ▼ 4.3%
Current assets
€39k ▼ 74.3%
Equity and liabilities €4.13M
Equity
€1.29M ▲ 8.7%
Debt
€2.85M ▼ 12.3%
Debt's share of the balance-sheet total falls from 73.2% to 68.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€367k▼
2024 · €616k
Cash flow
€203k▼
2024 · €375k
Current ratio
0.10▼
2024 · 0.27
Debt to equity
2.21▼
2024 · 2.74
ROE
8.0%▼
2024 · 23.3%
ROA
2.5%▼
2024 · 6.2%
Interest coverage
2.45▼
2024 · 4.03
Debt ≤ 1 year
€381k▼
2024 · €566k
Debt > 1 year
€2.37M▼
2024 · €2.68M
Income taxes
€30k▼
2024 · €88k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.43M€4.13M▼
Fixed assets21/28€4.28M€4.09M▼
Tangible fixed assets22/27€2.13M€2.04M▼
Land and buildings22€2.09M€2.00M▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€4k€12k▲
Other tangible fixed assets26€21k€15k▼
Financial fixed assets28€2.15M€2.06M▼
Current assets29/58€152k€39k▼
Amounts receivable within one year40/41€12k€20k▲
Trade receivables40€0-
Other amounts receivable41€12k€20k▲
Cash at bank and in hand54/58€126k€9k▼
Deferred charges and accrued income490/1€14k€10k▼
Equity and liabilities
Total equity and liabilities10/49€4.43M€4.13M▼
Equity10/15€1.18M€1.29M▲
Contributions10/11€200k€200k=
Reserves13€985k€1.09M▲
Distributable reserves133€985k€1.09M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€3.24M€2.85M▼
Amounts payable after more than one year17€2.68M€2.37M▼
Financial debts170/4€1.48M€1.25M▼
Other amounts payable178/9€1.19M€1.12M▼
Amounts payable within one year42/48€566k€381k▼
Current portion of amounts payable after more than one year42€266k€230k▼
Financial debts43€26k€0▼
Credit institutions430/8€26k€0▼
Trade debts44€339€340▲
Suppliers440/4€339€340▲
Taxes, remuneration and social security45€41k€21k▼
Taxes450/3€41k€21k▼
Other amounts payable47/48€232k€130k▼
Accrued charges and deferred income492/3-€93k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€100k▲
Other operating charges640/8€9k€14k▲
Gross operating margin9900€625k€381k▼
Operating profit (loss)9901€516k€267k▼
Financial income75/76B€0€16k▲
Recurring financial income75€0€16k▲
Financial charges65/66B€153k€150k▼
Recurring financial charges65€153k€150k▼
Profit (loss) for the period before taxes9903€364k€133k▼
Income taxes67/77€88k€30k▼
Profit (loss) for the period9904€276k€103k▼
Profit (loss) for the period to be appropriated9905€276k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€276k€103k▼
Transfer from equity791/2€0-
Transfer to equity691/2€126k€103k▼
To other reserves6921€126k€103k▼
Profit to be distributed694/7€150k€0▼
Return on contributions (dividend)694€150k€0▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Equity above €1MEq €1.28M ▲32.6%
4 profitable years in a row build equity to €1.28M.
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €530k ▲438%
Net result €530k, the highest in the series.
30-06
Financial
Liquidity times 8current ratio 1.13
Current ratio from 0.14 to 1.13; short-term debt falls from €707k to €303k.
30-06
Financial
Equity above €500kEq €969k ▲121%
3 profitable years in a row build equity to €969k.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €99k ▼29.6%
Net result drops to €99k, the lowest in the series; recovery starts the following year.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Torhout · 1 establishment unit since 2017
Ground area
359 m²
Building footprint
279 m²
Volume, LiDAR
3,765 m³
Parcel 31033K0154/00N000, Flanders · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
WD
since 20172.270.738.920
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033K0154/00N000 | Flanders | 359 m² | 1 · 279 m² | 17.6 m · 5 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 4,020 EUR awarded · 4,020 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,020 EUR | 4,020 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
984500480E01265B1541
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Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 1,972 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
Founded23-11-2017
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
64210Activities of holding companies
43990Other specialised construction activities
47529Retail trade
68110Buying and selling of own real estate
70100Activities of head offices
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.