Skip to content

Wegafbo

Active
Private limited companyfounded 20251 yr activeOktrooiplein 1, 9000 Gent, BelgiumKBO/BCE: BE 1018.990.047
Summary

The computed 12-month bankruptcy probability of Wegafbo is 2.0% (moderate). The 2025 annual accounts show negative equity (-€30,372) and a net result of -€35,372. Its solvency ranks better than 15% of 1526 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22; short-term debt: 86.1% and cash: 7.8% of total assets), and equity is negative.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
-30.2%
Return on assets
-35.1%
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 1 filing
Deviation from the deadline
2025
19 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Wegafbo was incorporated on 21 January 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
€8,765
EBIT margin
-390.6%
Net result
-€35,372
Working capital
-€67,359

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €100,658
Fixed assets €81,316
Current assets €19,342
Key figures and ratios
2025 value
EBITDA
-€26,556
Cash flow
-€27,688
Solvency
-30.2%
Current ratio
0.22
Debt to equity
-4.31
ROA
-35.1%
Interest coverage
-23.46
Debt
€131,030
Debt ≤ 1 year
€86,702
Debt > 1 year
€44,329
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€100,658
Fixed assets21/28€81,316
Tangible fixed assets22/27€81,316
Plant, machinery and equipment23€81,316
Current assets29/58€19,342
Amounts receivable within one year40/41€6,313
Other amounts receivable41€6,313
Cash at bank and in hand54/58€7,826
Deferred charges and accrued income490/1€5,203
Equity and liabilities
Total equity and liabilities10/49€100,658
Equity10/15-€30,372
Contributions10/11€5,000
Profit (loss) carried forward14-€35,372
Amounts payable17/49€131,030
Amounts payable after more than one year17€44,329
Financial debts170/4€44,329
Amounts payable within one year42/48€86,702
Current portion of amounts payable after more than one year42€19,382
Trade debts44€28,532
Suppliers440/4€28,532
Taxes, remuneration and social security45€17,021
Taxes450/3€17,021
Other amounts payable47/48€21,767
Income statement Code2025
Turnover70€8,765
Goods, raw materials, services and sundry goods60/61€34,144
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,684
Other operating charges640/8€1,177
Gross operating margin9900-€25,379
Operating profit (loss)9901-€34,240
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,132
Recurring financial charges65€1,132
Profit (loss) for the period before taxes9903-€35,372
Profit (loss) for the period9904-€35,372
Profit (loss) for the period to be appropriated9905-€35,372
Appropriation of the result
Profit (loss) to be appropriated9906-€35,372

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€8,765
Goods, raw materials, services and sundry goods60/61€34,144
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,684
Other operating charges640/8€1,177
Gross operating margin9900-€25,379
Operating profit (loss)9901-€34,240
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,132
Recurring financial charges65€1,132
Profit (loss) for the period before taxes9903-€35,372
Profit (loss) for the period9904-€35,372
Profit (loss) for the period to be appropriated9905-€35,372
Line2025
Assets
Total assets20/58€100,658
Fixed assets21/28€81,316
Tangible fixed assets22/27€81,316
Plant, machinery and equipment23€81,316
Current assets29/58€19,342
Amounts receivable within one year40/41€6,313
Other amounts receivable41€6,313
Cash at bank and in hand54/58€7,826
Deferred charges and accrued income490/1€5,203
Equity and liabilities
Total equity and liabilities10/49€100,658
Equity10/15-€30,372
Contributions10/11€5,000
Profit (loss) carried forward14-€35,372
Amounts payable17/49€131,030
Amounts payable after more than one year17€44,329
Financial debts170/4€44,329
Amounts payable within one year42/48€86,702
Current portion of amounts payable after more than one year42€19,382
Trade debts44€28,532
Suppliers440/4€28,532
Taxes, remuneration and social security45€17,021
Taxes450/3€17,021
Other amounts payable47/48€21,767
Line2025
Profit (loss) for the period9904-€35,372
+ Depreciation and write-downs630€7,684
Operating cash flow (approximation)-€27,688

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
19-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Gent · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
6,204 m²
Building footprint
6,011 m²
Volume, LiDAR
55,319 m³
2 parcels, Flanders · tallest building 18.6 m, ±3 floors. Linked by address, not a title deed.
130 companies at this address See who is registered here
1 establishment unit
Wegafbo
Hoekje 5, 9950 LievegemDemolition
since 20252.370.447.297
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44072E0260/00A004
ProtectedTownscape or village viewTextielfabriek S.A.W.Source ↗
Flanders 4,585 m² 1 · 4,422 m² 14.1 m · 3 fl.
44807G0728/02L013 Flanders 1,619 m² 1 · 1,590 m² 18.6 m · 1 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 666 companies in sector 77320 we hold annual accounts for 491. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43110Demolition
77320Rental and leasing activities
42212Civil engineering
43120Site preparation
43990Other specialised construction activities
46831Wholesale of construction materials, general range
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018990047
Registered 08-06-2026

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.