Equity
€122,086 from €331,222 in 2021
Equity fell by 63% in 4 years.
WEGRO
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1989peak €589,361 (2014)
€397,367▼ 9.9%
lowest -€102,899 (2017)
€6,554▼ 77.1%
peak €331,222 (2021)
€122,086▲ 5.7%
€287,202▼ 13.5%
peak 17.3 FTE (2014)
-not published
Board4 names since 2016
3 directors and 2 others
Documentsfilings and deeds
28-04-20262 days before the deadline
2025micro format
Result from €28,656 to €6,554
Key points
from the 2025 annual accountsTurnover
≈ €2.1m estimated
The accounts state no turnover.
Debts
€287,202 70% of the balance sheet
Suppliers 10%Taxes and wages 24%Other 67%
Of this, €286,868 falls due within a year.
Staff
9.3 FTE from 17.3 in 2014
Between 2014 and 2025, 46% of the full-time equivalents disappeared.
Filings
36 annual accounts since 1989
The last five annual accounts were filed 2 to 44 days before the end of the period.
Position in the sector
€397,367
Higher gross margin than 95% of companies in retail trade. Sector median €33,252 · 25,179 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,986 companies had the same profile as WEGRO has now. Each dot stands for 10 companies, two years later.
96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,986 companies, not a prediction for WEGRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director
Director, since 15-09-2022
Director, since 15-09-2022
- 36 sharesdeed of 16-12-2016
- 36 sharesdeed of 16-12-2016
- 1 sharedeed of 16-12-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0438326865
Capital decrease of €138,500 to €61,500
Capital from €200,000 to €61,500 · Reappointments: , (managing director) and · Resignations: (managing director), and · General meeting of 15-09-2022 · Gazette deed
Resignation: (director)
General meeting of 15-04-2019 · Gazette deed
3 directors reappointed
(managing director), and · General meeting of 03-03-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WEGRO Koksijde | €409,288 | €397,367 | 29.8% | - |
| Galerijen J.M. De Jonckheere Damme | €363,958 | €386,438 | 32.8% | - |
| TOTO GROUP Schaerbeek | €346,836 | €353,224 | 72.5% | - |
| ARTWOOD Woluwe-Saint-Lambert | €471,573 | €321,550 | 54.1% | - |
| CAPHIGA Marche-en-Famenne | €455,933 | €248,344 | 29.4% | - |
| LINJA KEUKEN Kampenhout | €413,526 | €234,124 | 64.6% | 4 |
| BEJA Herzele | €442,074 | €372,101 | 47.7% | - |
These companies have the same main activity as WEGRO: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €347,000 and €472,000, founded between 1975 and 1992.
Official details
Source: KBO- Status
- Active since 04-09-1989Normal situation
- Activity
- Retail sale of household furnitureNACE 47551and 6 others
- Joint committees
- 201Independent retail
- 100Auxiliary committee for blue-collar workers · annual accounts 30-09-2025
- Establishment units
- 2.044.922.4258670 Koksijde, since 25-09-1989
- 2.152.299.2478300 Knokke-Heist, since 17-03-2006and 5 others
- Financial year end
- 30 September
- Peppol
- Reachable since 12-12-2025
Annual accounts to 30-09-2025
- €409,288▼ 8.6%
- Employeeson 30-09-2025
- 11▼ 8.3%
- Filing
- Filed on 28-04-2026, 2 days before the end of the filing period
Insights on WEGRO
WEGRO files the micro format. That format states no turnover. The gross margin rose from €265,106 in 2007 to €397,367 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WEGRO
- What is the company number of WEGRO?
- The company number of WEGRO is 0438.326.865. The VAT number is the same number with BE in front: BE 0438.326.865.
- Where is WEGRO based?
- The registered office is at Witte Burg 37, 8670 Koksijde.Company details
- What does WEGRO do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of WEGRO?
- WEGRO is a public limited company (NV).
- When was WEGRO founded?
- WEGRO was founded on 04-09-1989.
- Is WEGRO still active?
- Yes, WEGRO is an active enterprise in the KBO register.
- How many employees does WEGRO have?
- WEGRO had an average of 9.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WEGRO fall under?
- In its 30-09-2025 annual accounts, WEGRO states joint committees 201 (Independent retail) and 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of WEGRO?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €397,367 and 31 comparable companies (NACE 475). It probably lies between €1.3m and €3.2m.
- Is WEGRO profitable?
- In financial year 2025, WEGRO made a profit of €6,554.
- Where can I find the annual accounts of WEGRO?
- WEGRO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WEGRO due?
- WEGRO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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