WEELZ
ActiveThe computed 12-month bankruptcy probability of WEELZ is 2.1% (moderate). The 2025 annual accounts show equity of €19k and a net result of €-52k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 13% of 719 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-72
Solvency27▼-12
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.97 against 1.13 in 2024; short-term debt: 97.5% and cash: 5.2% of total assets), and 97.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.4%
Return on assets
-6.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 719 sector peers (2025).
NBB · sector comparisonPosition among 719 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 7 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
33 d early
2020
36 d early
2019
36 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€19k▼ 83.8%
2024 · €115k
2019: €63k
2020: €59k
2021: €59k
2022: €68k
2023: €149k
2024: €115k
2019 → 2025
Total assets
€772k▼ 4.8%
2024 · €811k
2019: €285k
2020: €368k
2021: €618k
2022: €752k
2023: €709k
2024: €811k
2019 → 2025
Net result
€-52k
2024 · €84k
2019: €72k
2020: €-5k
2021: €538
2022: €9k
2023: €81k
2024: €84k
2019 → 2025
Working capital
€-21k
2024 · €88k
2019: €82k
2020: €-28
2021: €9k
2022: €10k
2023: €101k
2024: €88k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€68k▲ 14.5%€149k▲ 120%€115k▼ 22.9%€19k▼ 83.8%
Operating result€4k-€23k▲ 506%€114k▲ 393%€117k▲ 3.0%€-41k
Net result€538-€9k▲ 1,495%€81k▲ 848%€84k▲ 2.8%€-52k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €41k after €117k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €772k
Fixed assets
€40k▼ 15.5%
Current assets
€732k▼ 4.2%
Equity and liabilities €772k
Equity
€19k▼ 83.8%
Debt
€753k▲ 8.2%
The debt ratio rises from 85.8% to 97.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-33k▼
2024 · €126k
Cash flow
€-44k▼
2024 · €92k
Solvency
2.4%▼
2024 · 14.2%
Current ratio
0.97▼
2024 · 1.13
Quick ratio
0.96▼
2024 · 1.12
Debt / equity
40.39▲
2024 · 6.06
ROE
-279.7%▼
2024 · 72.8%
ROA
-6.8%▼
2024 · 10.3%
Interest coverage
-3.20▼
2024 · 23.40
Debt
€753k▲
2024 · €696k
Debt ≤ 1 year
€753k▲
2024 · €676k
Income taxes
€618▼
2024 · €28k
Staff costs
€349k▲
2024 · €261k
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€811k€772k▼
Fixed assets21/28€47k€40k▼
Intangible fixed assets21€44k€36k▼
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23€2k€2k▲
Other tangible fixed assets26€1k€1k▼
Current assets29/58€764k€732k▼
Stocks and contracts in progress3€7k€9k▲
Stocks30/36€7k€9k▲
Amounts receivable within one year40/41€655k€660k▲
Trade receivables40€613k€543k▼
Other amounts receivable41€42k€117k▲
Cash at bank and in hand54/58€86k€40k▼
Deferred charges and accrued income490/1€17k€23k▲
Equity and liabilities
Total equity and liabilities10/49€811k€772k▼
Equity10/15€115k€19k▼
Contributions10/11€6k€19k▲
Reserves13€109k€46▼
Distributable reserves133€109k€46▼
Amounts payable17/49€696k€753k▲
Amounts payable within one year42/48€676k€753k▲
Current portion of amounts payable after more than one year42€37k€42k▲
Trade debts44€530k€613k▲
Suppliers440/4€530k€613k▲
Taxes, remuneration and social security45€104k€94k▼
Taxes450/3€74k€52k▼
Remuneration and social security454/9€31k€42k▲
Other amounts payable47/48€4k€4k=
Accrued charges and deferred income492/3€20k€325▼
Income statement
Code20242025
Remuneration, social security and pensions62€261k€349k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€70k€106k▲
Gross operating margin9900€457k€423k▼
Operating profit (loss)9901€117k€-41k▼
Financial income75/76B€39€21▼
Recurring financial income75€39€21▼
Financial charges65/66B€5k€10k▲
Recurring financial charges65€5k€10k▲
Profit (loss) for the period before taxes9903€112k€-52k▼
Income taxes67/77€28k€618▼
Profit (loss) for the period9904€84k€-52k▼
Profit (loss) for the period to be appropriated9905€84k€-52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€-52k▼
Transfer from equity791/2€34k€109k▲
Profit to be distributed694/7€118k€56k▼
Return on contributions (dividend)694€118k€56k▼
Social balance
Average headcount (FTE)90876.57.9▲
The notes to these accounts (9 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-52k ▼162%
Net result drops to €-52k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €84k ▲2.8%
Operating result €117k, net result €84k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Equity above €100kEq €149k ▲120%
3 profitable years in a row build equity to €149k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €538
Net result €538 after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Ieper · 1 establishment unit since 2018
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.
Rozendaalstraat 398900 IeperGround area
1,967 m²
Building footprint
386 m²
Volume, LiDAR
1,727 m³
Parcel 33305B0970/00L000, Flanders · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WEELZ
since 20182.281.346.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B0970/00L000 | Flanders | 1,967 m² | 1 · 386 m² | 5.5 m · 2 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 · 143 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 143 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,725 companies in sector 52210 we hold annual accounts for 771. 417 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2018
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52210Service activities incidental to land transportation
52220Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.