WDB BELGIUM
ActiveWDB BELGIUM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.50M and a net result of €-149k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
52
/ 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
Profitability16▼-58
Solvency71▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.63 in 2024; short-term debt: 53.8% and cash: 2.6% of total assets), but 53.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
46.2%
Return on assets
-4.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days 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 · 10 filingsDeviation from the deadline
2025
7 d late
2024
49 d late
2023
51 d late
2022
6 d early
2021
61 d late
2020
101 d late
2019
66 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.50M▼ 9.0%
2024 · €1.65M
2018: €487k
2019: €581k
2020: €656k
2021: €1.25M
2022: €1.39M
2023: €1.48M
2024: €1.65M
2018 → 2025
Total assets
€3.25M▼ 21.6%
2024 · €4.15M
2018: €2.30M
2019: €2.57M
2020: €2.97M
2021: €4.44M
2022: €3.87M
2023: €4.11M
2024: €4.15M
2018 → 2025
Net result
€-149k
2024 · €173k
2018: €475k
2019: €514k
2020: €575k
2021: €1.20M
2022: €672k
2023: €591k
2024: €173k
2018 → 2025
Working capital
€1.42M▼ 10.1%
2024 · €1.58M
2018: €429k
2019: €520k
2020: €581k
2021: €1.16M
2022: €1.32M
2023: €1.43M
2024: €1.58M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.25M-€1.39M▲ 10.7%€1.48M▲ 6.6%€1.65M▲ 11.7%€1.50M▼ 9.0%
Operating result€1.28M-€846k▼ 33.8%€655k▼ 22.6%€195k▼ 70.2%€43k▼ 77.9%
Net result€1.20M-€672k▼ 43.9%€591k▼ 11.9%€173k▼ 70.8%€-149k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 78% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.25M
Fixed assets
€81k▲ 15.1%
Current assets
€3.17M▼ 22.3%
Equity and liabilities €3.25M
Equity
€1.50M▼ 9.0%
Debt
€1.75M▼ 30.0%
The debt ratio falls from 60.2% to 53.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€66k▼
2024 · €215k
Cash flow
€-126k▼
2024 · €192k
Solvency
46.2%▲
2024 · 39.8%
Current ratio
1.81▲
2024 · 1.63
Quick ratio
1.05▼
2024 · 1.09
Debt / equity
1.16▼
2024 · 1.51
ROE
-9.9%▼
2024 · 10.4%
ROA
-4.6%▼
2024 · 4.2%
Interest coverage
0.36▼
2024 · 14.87
Debt
€1.75M▼
2024 · €2.50M
Debt ≤ 1 year
€1.75M▼
2024 · €2.50M
Income taxes
€8k▼
2024 · €9k
Staff costs
€336k▼
2024 · €415k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.15M€3.25M▼
Fixed assets21/28€70k€81k▲
Tangible fixed assets22/27€63k€74k▲
Plant, machinery and equipment23€652€403▼
Furniture and vehicles24€57k€69k▲
Other tangible fixed assets26€6k€4k▼
Financial fixed assets28€7k€7k=
Current assets29/58€4.08M€3.17M▼
Stocks and contracts in progress3€1.37M€1.34M▼
Stocks30/36€1.37M€1.34M▼
Amounts receivable within one year40/41€1.94M€1.74M▼
Trade receivables40€1.94M€1.70M▼
Other amounts receivable41€7k€37k▲
Cash at bank and in hand54/58€767k€86k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€4.15M€3.25M▼
Equity10/15€1.65M€1.50M▼
Contributions10/11€60k€60k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€1.59M€1.44M▼
Amounts payable17/49€2.50M€1.75M▼
Amounts payable within one year42/48€2.50M€1.75M▼
Trade debts44€1.80M€1.06M▼
Suppliers440/4€1.80M€1.06M▼
Advances received on contracts in progress46€22k€19k▼
Taxes, remuneration and social security45€9k€8k▼
Taxes450/3€9k€8k▼
Remuneration and social security454/9€81€81=
Other amounts payable47/48€672k€665k▼
Income statement
Code20242025
Non-recurring operating income76A€8k€14k▲
Remuneration, social security and pensions62€415k€336k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€633k€403k▼
Operating profit (loss)9901€195k€43k▼
Financial income75/76B€558-
Recurring financial income75€558-
Financial charges65/66B€14k€184k▲
Recurring financial charges65€14k€184k▲
Profit (loss) for the period before taxes9903€181k€-141k▼
Income taxes67/77€9k€8k▼
Profit (loss) for the period9904€173k€-149k▼
Profit (loss) for the period to be appropriated9905€173k€-149k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.59M€1.44M▼
Profit (loss) brought forward from the previous period14P€1.41M€1.59M▲
Social balance
Average headcount (FTE)90875.44.2▼
The notes to these accounts (7 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
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
31-12
Financial
Weakest financial yearnet €-149k ▼186%
Net result drops to €-149k, the lowest in the series.
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 49 days late
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 51 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Highest result since 2018net €1.20M ▲108%
Operating result €1.28M, net result €1.20M, both a record.
31-12
Financial
Equity above €1MEq €1.25M ▲91.1%
4 profitable years in a row build equity to €1.25M.
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 101 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
2019
31-12
Financial
Equity above €500kEq €581k ▲19.2%
2 profitable years in a row build equity to €581k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2009
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.
Pelikaanstraat 622018 AntwerpenGround area
50 m²
Parcel 11808H1182/00X017, Flanders. Linked by address, not a title deed.
1 establishment unit
WDB BELGIUM
since 20092.176.541.329
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1182/00X017 | Flanders | 49 m² | - | - |
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
OPTITEAM
BE 0416.784.749
Antwerpen · Eq €1.40M
JAPAN TRADING COMPANY
BE 0430.099.582
Antwerpen · Eq €1.69M
HB MANUFACTURING
BE 0742.785.121
Antwerpen · Eq €1.71M
ATZMON
BE 0863.664.244
Antwerpen · Eq €1.73M
ELMYR SERVICES
BE 0449.476.620
Antwerpen · Eq €1.23M
Of 154 companies in sector 32121 we hold annual accounts for 82. 37 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2009
Fiscal year end31-12
Activities, NACEBEL
32121Other manufacturing
46861Wholesale of diamonds and other precious stones
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.