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WEDDELL

Active
Public limited companyfounded 1998active for 27 yearsJules Bordetlaan 1, 1140 Evere, BelgiumKBO/BCE: BE 0465.023.641
Summary

WEDDELL has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €638.2m and a net result of €243.3m. Equity is growing by about 3.6% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
L'activité de services de management, de direction et de conseil; l'acquisition et la détention…
From the articlesNo NACE code in the KBO yet1 site
Size
€640.2mtotal assets 2024
Equity
€638.2m
Profit
€243.3m
Financial health
70 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
Decathlon SE · 99.99%
Holdings
38
Auditor: Forvis Mazars Réviseurs d’EntreprisesAccounts 71 days overdue
Why 70raises riskFigures for financial year 2024 (filed 07-10-2025)Liquidity: current ratio 164.48, cash €7.5m1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 latelowers riskSize: total assets €640.2mShow the evidence

Checked score

Score 2024
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 65% of its sector peers (no NACE code, large)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 99.7% of total assets
Liquidity 51=
short-term debt 0.3% · cash 1.2%
Profitability 100=
return on assets 38.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.3% 12-2024: 1.6%▲ +0.3 percentage points vs 11-2024highest value 01-2025: 0.3%▼ -1.3 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.9%▲ +0.3 percentage points vs 09-2025 11-2025: 0.2%▼ -0.7 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%▼ -0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.3 percentage points vs 09-2026
Credit of up to €44,650,000 on 30-day terms is acceptable
short-term debt: 0.3% and cash: 1.2% of total assets, and 0.3% of the assets are financed with debt.
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 (no NACE code, large): better than 67% on solvency, 73% on liquidity, 98% on profitability and 22% on growth.

The bankruptcy probability was computed on 09-10-2026 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 riskraises riskneutral
lowers risk · Size: total assets €640.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 07-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 164.48, cash €7.5m
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
152 days late
2022
205 days late
2021
205 days late
2020
471 days late
2019
95 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 198 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Forvis-Mazars Réviseurs d'Entreprises (statutory auditor)Permanent representative: Thomas Verhamme
  2. Annual accounts filedfinancial year 2024 · full…
  3. Amendment of the articlesCapital

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Caution: Result fell in 2024from €496.2m to €243.3m ▼ 51.0% View
  • Controlled by Decathlon SEknown shareholders 100% 99.99% View
  • Positive: 7 profitable years in a rowprofit 2024: €243.3m 7 years View

By topic

Financials

Financial year
2024
Total assets
€640.2m
Profit
€243.3m
Solvency
99.7%
Turnover▼ 83.3%
Net result
20182022
Go to Financials

Board & ownership

Board
2 members
Parent
Decathlon SE · 99.99%
Known shareholders
100%
Auditor
Forvis Mazars Réviseurs d’Entreprises
  • Laurent D'HondtManaging director
  • Olivier CIOEDirector
Go to Board & ownership

Timeline

Events
54
Since
2000
  1. 30-12-2024Annual accounts filed
  2. 21-02-2024Annual accounts filed
  3. 15-02-2024Permanent representative: Thomas VERHÄMME
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
28-12-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
L'activité de services de management, de direction et de conseil; l'acquisition et la…
Go to Articles of association

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