Wecodx
ActiveSummary
Wecodx has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,793 and a net result of €44,889. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 1913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency55▼-12
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.98 in 2024; short-term debt: 63.4% and cash: 80.3% of total assets), but 69.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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
30.1%
Return on assets
43.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €30,793
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 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 · 5 filingsDeviation from the deadline
2025
8 d late
2024
3 d early
2023
12 d late
2022
12 d late
2021
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 8 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€30,793▲ 118%
2024 · €14,139
Total assets
€102,191▲ 201%
2024 · €33,955
Net result
€44,889▲ 273%
2024 · €12,030
Working capital
€33,980▲ 131%
2024 · €14,704
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€167--€5,958€7,857€15,329▲ 95.1%€53,579▲ 250%
Net result-€880below the sector's middle half--€6,585below the sector's middle half▼ 648%€5,574within the sector's middle half€12,030within the sector's middle half▲ 116%€44,889within the sector's middle half▲ 273%
Equity€3,120below the sector's middle half--€3,465below the sector's middle half€2,109below the sector's middle half€14,139below the sector's middle half▲ 570%€30,793within the sector's middle half▲ 118%
Total assets€21,047below the sector's middle half-€19,643below the sector's middle half▼ 6.7%€21,970below the sector's middle half▲ 11.8%€33,955below the sector's middle half▲ 54.6%€102,191within the sector's middle half▲ 201%
Debt€17,927-€23,108▲ 28.9%€19,861▼ 14.1%€19,816▼ 0.2%€71,398▲ 260%
Working capital€1,436below the sector's middle half--€4,555below the sector's middle half€6,292within the sector's middle half€14,704within the sector's middle half▲ 134%€33,980within the sector's middle half▲ 131%
Solvency14.8%below the sector's middle half--17.6%below the sector's middle half▼ 32.5pp9.6%below the sector's middle half▲ 27.2pp41.6%within the sector's middle half▲ 32.0pp30.1%within the sector's middle half▼ 11.5pp
Current ratio1.08below the sector's middle half-0.80below the sector's middle half▼ 0.281.43within the sector's middle half▲ 0.631.98within the sector's middle half▲ 0.551.52within the sector's middle half▼ 0.46
Return on assets (ROA)-4.2%below the sector's middle half--33.5%below the sector's middle half▼ 29.3pp25.4%within the sector's middle half▲ 58.9pp35.4%above the sector's middle half▲ 10.1pp43.9%above the sector's middle half▲ 8.5pp
Staff (FTE)0.30.9▲ 200%4▲ 344%
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 250% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102,191
Fixed assets
€3,443 ▼ 19.8%
Current assets
€98,748 ▲ 233%
Equity and liabilities €102,191
Equity
€30,793 ▲ 118%
Debt
€71,398 ▲ 260%
Debt's share of the balance-sheet total rises from 58.4% to 69.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54,429▲
2024 · €16,035
Cash flow
€45,739▲
2024 · €12,736
Debt to equity
2.32▲
2024 · 1.40
ROE
145.8%▲
2024 · 85.1%
Interest coverage
92.72▲
2024 · 22.46
Debt ≤ 1 year
€64,768▲
2024 · €14,958
Income taxes
€8,625▲
2024 · €2,585
Staff costs
€78,125▲
2024 · €31,435
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €5,232 | €31,435 | €78,125 | ▲ 149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,552 | €1,089 | €1,200 | €706 | €850 | ▲ 20.4% |
| Other operating charges640/8 | €310 | €242 | €619 | €649 | €637 | ▼ 1.8% |
| Gross operating margin9900 | €3,029 | -€4,627 | €14,908 | €48,119 | €133,191 | ▲ 177% |
| Operating profit (loss)9901 | €167 | -€5,958 | €7,857 | €15,329 | €53,579 | ▲ 250% |
| Financial income75/76B | €75 | €44 | - | - | €522 | - |
| Recurring financial income75 | €75 | €44 | - | - | €522 | - |
| Financial charges65/66B | €622 | €615 | €283 | €714 | €587 | ▼ 17.8% |
| Recurring financial charges65 | €622 | €615 | €283 | €714 | €587 | ▼ 17.8% |
| Profit (loss) for the period before taxes9903 | -€380 | -€6,529 | €7,574 | €14,615 | €53,514 | ▲ 266% |
| Income taxes67/77 | €500 | €56 | €2,000 | €2,585 | €8,625 | ▲ 234% |
| Profit (loss) for the period9904 | -€880 | -€6,585 | €5,574 | €12,030 | €44,889 | ▲ 273% |
| Profit (loss) for the period to be appropriated9905 | -€880 | -€6,585 | €5,574 | €12,030 | €44,889 | ▲ 273% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,047 | €19,643 | €21,970 | €33,955 | €102,191 | ▲ 201% |
| Fixed assets21/28 | €1,684 | €1,090 | €1,133 | €4,293 | €3,443 | ▼ 19.8% |
| Tangible fixed assets22/27 | €1,684 | €1,090 | €1,133 | €2,293 | €1,443 | ▼ 37.1% |
| Furniture and vehicles24 | €1,684 | €1,090 | €1,133 | €554 | €77 | ▼ 86.1% |
| Other tangible fixed assets26 | - | - | - | €1,739 | €1,366 | ▼ 21.4% |
| Financial fixed assets28 | - | - | - | €2,000 | €2,000 | = |
| Current assets29/58 | €19,363 | €18,553 | €20,837 | €29,662 | €98,748 | ▲ 233% |
| Amounts receivable within one year40/41 | €13,467 | €8,800 | €5,482 | €13,871 | €7,523 | ▼ 45.8% |
| Trade receivables40 | €13,467 | €8,800 | €5,430 | €13,846 | €7,523 | ▼ 45.7% |
| Other amounts receivable41 | - | - | €52 | €25 | - | - |
| Cash at bank and in hand54/58 | €5,317 | €9,150 | €12,926 | €12,311 | €82,044 | ▲ 566% |
| Deferred charges and accrued income490/1 | €579 | €603 | €2,429 | €3,480 | €9,181 | ▲ 164% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,047 | €19,643 | €21,970 | €33,955 | €102,191 | ▲ 201% |
| Equity10/15 | €3,120 | -€3,465 | €2,109 | €14,139 | €30,793 | ▲ 118% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | - | - | €5,000 | €16,900 | €26,793 | ▲ 58.5% |
| Distributable reserves133 | - | - | €5,000 | €16,900 | €26,793 | ▲ 58.5% |
| Profit (loss) carried forward14 | -€880 | -€7,465 | -€6,891 | -€6,761 | - | - |
| Amounts payable17/49 | €17,927 | €23,108 | €19,861 | €19,816 | €71,398 | ▲ 260% |
| Amounts payable within one year42/48 | €17,927 | €23,108 | €14,545 | €14,958 | €64,768 | ▲ 333% |
| Trade debts44 | €2,064 | €6,316 | €6,822 | €5,537 | €7,153 | ▲ 29.2% |
| Suppliers440/4 | €2,064 | €6,316 | €6,822 | €5,537 | €7,153 | ▲ 29.2% |
| Taxes, remuneration and social security45 | €5,962 | €6,892 | €6,520 | €7,766 | €30,753 | ▲ 296% |
| Taxes450/3 | €4,962 | €6,892 | €3,846 | €4,201 | €12,868 | ▲ 206% |
| Remuneration and social security454/9 | €1,000 | - | €2,674 | €3,565 | €17,885 | ▲ 402% |
| Other amounts payable47/48 | €9,901 | €9,900 | €1,203 | €1,655 | €26,862 | ▲ 1,523% |
| Accrued charges and deferred income492/3 | - | - | €5,316 | €4,858 | €6,630 | ▲ 36.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€880 | -€6,585 | €5,574 | €12,030 | €44,889 | ▲ 273% |
| + Depreciation and write-downs630 | €2,552 | €1,089 | €1,200 | €706 | €850 | ▲ 20.4% |
| Operating cash flow (approximation) | €1,672 | -€5,496 | €6,774 | €12,736 | €45,739 | ▲ 259% |
| Investment in fixed assets (approximation) | - | -€495 | -€1,243 | -€3,866 | €0 | ▲ 100% |
| Change in cash | - | €3,833 | €3,776 | -€615 | €69,733 | ▲ 11,439% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 8 days late
2025
31-12
Financial
Highest result since 2021net €44,889 ▲273%
Operating result €53,579, net result €44,889, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Back to profitnet €5,574
Net result €5,574 after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 12 days late
2022
31-12
Financial
Weakest financial yearnet -€6,585
Net result drops to -€6,585, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Perwez · 1 establishment unit since 2023
Ground area
8,110 m²
Building footprint
1,189 m²
Volume, LiDAR
7,571 m³
2 parcels, Wallonia · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Wecodx
since 20232.342.796.458
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25060A0023/00B000 | Wallonia | 5,557 m² | 1 · 417 m² | 9.7 m · 2 fl. |
| 25100C0145/00D000 | Wallonia | 2,553 m² | 1 · 772 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,783 companies in sector 63910 we hold annual accounts for 699. 525 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
63910Web portal activities
18130Pre-press and pre-media services
26200Manufacture of computer, electronic and optical products
46150Agents in the wholesale of furniture, household goods and hardware
47400Retail sale of information and communication equipment
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0755964154
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.