WECOM
ActiveSummary
The computed 12-month bankruptcy probability of WECOM is 4.1% (elevated). The 2025 annual accounts show negative equity (-€138,871) and a net result of -€154,966. Equity is growing by ~41.4% per year across the filed fiscal years. The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years
The operating result turns negative in 2025: a loss of €125,285 after €25,590 in 2024, the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 678 companies that looked in July 2024 the way this one looks now, 6.8% went bankrupt within 24 months and 85% are still going.
- Small
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.1% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 678 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,847 | €13,672 | €13,672 | €13,672 | €13,672 | €13,672 | €138,375 | ▲ 912% |
| Other operating charges640/8 | - | - | - | €2,665 | €2,734 | €5,957 | €16,896 | ▲ 184% |
| Gross operating margin9900 | €23,568 | €179,066 | €44,534 | €50,142 | €41,021 | €45,219 | €29,987 | ▼ 33.7% |
| Operating profit (loss)9901 | -€5,737 | €159,688 | €25,277 | €33,805 | €24,616 | €25,590 | -€125,285 | ▼ 590% |
| Financial income75/76B | - | - | - | - | - | €1,305 | €6,406 | ▲ 391% |
| Recurring financial income75 | - | - | €27 | - | - | €1,305 | €6,406 | ▲ 391% |
| Financial charges65/66B | - | - | - | €5,305 | €4,104 | €6,364 | €37,303 | ▲ 486% |
| Recurring financial charges65 | €24,005 | €24,633 | €6,298 | €5,305 | €4,104 | €6,364 | €37,303 | ▲ 486% |
| Profit (loss) for the period before taxes9903 | -€29,742 | €135,055 | €19,006 | €28,500 | €20,512 | €20,531 | -€156,181 | ▼ 861% |
| Transfer from deferred taxes780 | - | - | - | - | - | - | €1,215 | - |
| Profit (loss) for the period9904 | -€29,742 | €87,541 | €19,006 | €28,500 | €20,512 | €20,531 | -€154,966 | ▼ 855% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | €2,892 | - |
| Profit (loss) for the period to be appropriated9905 | -€29,742 | -€25,573 | €19,006 | €28,500 | €20,512 | €20,531 | -€152,074 | ▼ 841% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.7m | €0.4m | €0.3m | €0.3m | €0.3m | €1.4m | €1.4m | ▲ 2.8% |
| Fixed assets21/28 | €0.7m | €0.4m | €0.3m | €0.3m | €0.3m | €1.2m | €1.3m | ▲ 7.7% |
| Tangible fixed assets22/27 | €0.7m | €0.4m | €0.3m | €0.3m | €0.3m | €1.2m | €1.3m | ▲ 7.7% |
| Land and buildings22 | - | - | - | €0.3m | €0.3m | €1.2m | €1.1m | ▼ 11.4% |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.001m | - | - | - |
| Assets under construction and advance payments27 | - | - | - | - | - | - | €0.2m | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €63 | €0.005m | €0.004m | €0.01m | €0.01m | €0.2m | €0.1m | ▼ 34.8% |
| Amounts receivable within one year40/41 | - | - | - | - | - | €0.07m | €0.1m | ▲ 40.3% |
| Other amounts receivable41 | - | - | - | - | - | €0.07m | €0.1m | ▲ 40.3% |
| Cash at bank and in hand54/58 | €63 | €0.005m | €0.004m | €0.007m | €0.01m | €0.09m | €0.001m | ▼ 98.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.7m | €0.4m | €0.3m | €0.3m | €0.3m | €1.4m | €1.4m | ▲ 2.8% |
| Equity10/15 | -€0.2m | -€0.07m | -€0.05m | -€0.02m | -€0.004m | €0.02m | -€0.1m | ▼ 963% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 2.6% |
| Tax-exempt reserves132 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 2.6% |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.2m | -€0.1m | -€0.1m | -€0.1m | -€0.3m | ▼ 147% |
| Provisions and deferred taxes16 | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 2.6% |
| Deferred taxes168 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 2.6% |
| Amounts payable17/49 | €0.8m | €0.4m | €0.4m | €0.3m | €0.3m | €1.3m | €1.5m | ▲ 14.9% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.09m | €0.07m | €0.04m | €0.01m | €0.9m | ▲ 6,420% |
| Financial debts170/4 | - | - | - | €0.07m | €0.04m | €0.01m | €0.9m | ▲ 6,420% |
| Amounts payable within one year42/48 | €0.6m | €0.3m | €0.3m | €0.2m | €0.2m | €1.3m | €0.6m | ▼ 55.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.03m | €0.03m | €0.01m | ▼ 47.9% |
| Financial debts43 | - | - | - | €0.2m | €0.2m | €0.4m | €0.5m | ▲ 6.3% |
| Other loans439 | - | - | - | €0.2m | €0.2m | €0.4m | €0.5m | ▲ 6.3% |
| Trade debts44 | €0.004m | €437 | €0.003m | €0.002m | €0.001m | €0.8m | €0.003m | ▼ 99.6% |
| Suppliers440/4 | - | - | - | €0.002m | €0.001m | €0.8m | €0.003m | ▼ 99.6% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.007m | - | €0.1m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.003m | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€29,742 | €87,541 | €19,006 | €28,500 | €20,512 | €20,531 | -€154,966 | ▼ 855% |
| + Depreciation and write-downs630 | €23,847 | €13,672 | €13,672 | €13,672 | €13,672 | €13,672 | €138,375 | ▲ 912% |
| Operating cash flow (approximation) | -€5,895 | €101,213 | €32,678 | €42,173 | €34,184 | €34,204 | -€16,591 | ▼ 149% |
| Investment in fixed assets (approximation) | - | €282,421 | €0 | €1 | €0 | -€910,702 | -€232,258 | ▲ 74.5% |
| Change in cash | - | €5,341 | -€1,551 | €3,245 | €4,180 | €73,744 | -€84,118 | ▼ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.