WEGRO
ActiveSummary
WEGRO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €7k. Equity is shrinking by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-13
Solvency55▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.19 in 2024; short-term debt: 70.1% and cash: 33.3% of total assets), and 70.2% 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.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.8%
Return on assets
1.6%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €122k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
42 d early
2023
4 d early
2022
33 d early
2021
44 d early
2020
42 d early
2019
48 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€122k▲ 5.7%
2024 · €116k
2018: €210k
2019: €225k
2020: €281k
2021: €331k
2022: €130k
2023: €87k
2024: €116k
2018 → 2025
Total assets
€409k▼ 8.6%
2024 · €448k
2018: €754k
2019: €695k
2020: €791k
2021: €569k
2022: €587k
2023: €466k
2024: €448k
2018 → 2025
Net result
€7k▼ 77.1%
2024 · €29k
2018: €-26k
2019: €15k
2020: €56k
2021: €53k
2022: €-63k
2023: €-43k
2024: €29k
2018 → 2025
Working capital
€96k▲ 48.3%
2024 · €65k
2018: €-10k
2019: €61k
2020: €187k
2021: €257k
2022: €27k
2023: €13k
2024: €65k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€331k-€130k▼ 60.8%€87k▼ 33.2%€116k▲ 33.0%€122k▲ 5.7%
Operating result€50k-€-76k€-55k▲ 27.7%€18k€12k▼ 35.0%
Net result€53k-€-63k€-43k▲ 31.3%€29k€7k▼ 77.1%
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 falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€27k ▼ 48.2%
Current assets
€383k ▼ 3.4%
Equity and liabilities €409k
Equity
€122k ▲ 5.7%
Debt
€287k ▼ 13.5%
Debt's share of the balance-sheet total falls from 74.2% to 70.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▼
2024 · €44k
Cash flow
€33k▼
2024 · €54k
Current ratio
1.33▲
2024 · 1.19
Quick ratio
0.52▼
2024 · 0.53
Debt to equity
2.35▼
2024 · 2.87
ROE
5.4%▼
2024 · 24.8%
ROA
1.6%▼
2024 · 6.4%
Interest coverage
5.20▼
2024 · 19.98
Debt ≤ 1 year
€287k▼
2024 · €332k
Income taxes
€12k▲
2024 · €821
Staff costs
€352k▼
2024 · €389k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€448k€409k▼
Fixed assets21/28€51k€27k▼
Tangible fixed assets22/27€51k€27k▼
Furniture and vehicles24€41k€20k▼
Other tangible fixed assets26€10k€6k▼
Current assets29/58€396k€383k▼
Stocks and contracts in progress3€222k€234k▲
Stocks30/36€222k€234k▲
Amounts receivable within one year40/41€6k€6k▼
Trade receivables40€1k€766▼
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€161k€136k▼
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€448k€409k▼
Equity10/15€116k€122k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€131k€131k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€125k€125k=
Profit (loss) carried forward14€-77k€-71k▲
Amounts payable17/49€332k€287k▼
Amounts payable within one year42/48€332k€287k▼
Trade debts44€41k€27k▼
Suppliers440/4€41k€27k▼
Advances received on contracts in progress46€56k€64k▲
Taxes, remuneration and social security45€69k€68k▼
Taxes450/3€19k€19k▼
Remuneration and social security454/9€49k€49k▼
Other amounts payable47/48€166k€128k▼
Accrued charges and deferred income492/3€325€334▲
Income statement
Code20242025
Non-recurring operating income76A€413€0▼
Remuneration, social security and pensions62€389k€352k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€8k€7k▼
Gross operating margin9900€441k€397k▼
Operating profit (loss)9901€18k€12k▼
Financial income75/76B€13k€14k▲
Recurring financial income75€13k€14k▲
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€29k€18k▼
Income taxes67/77€821€12k▲
Profit (loss) for the period9904€29k€7k▼
Profit (loss) for the period to be appropriated9905€29k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-77k€-71k▲
Profit (loss) brought forward from the previous period14P€-106k€-77k▲
Social balance
Average headcount (FTE)90879.9-
The notes to these accounts (7 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
30-09
Financial
Equity above €100kEq €116k ▲33%
Equity rises from €87k to €116k.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-63k ▼219%
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €56k ▲271%
Operating result €56k, net result €56k, both a record.
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
Show earlier events
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Koksijde · 7 establishment units since 1989
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.
Witte Burg(Odk) 378670 KoksijdeGround area
2,992 m²
Building footprint
1,480 m²
Volume, LiDAR
16,048 m³
7 parcels, Flanders · tallest building 24.2 m, ±6 floors. Linked by address, not a title deed.
7 establishment units
Wegro
since 19892.044.922.425
WEGRO
since 20062.152.299.247
Wegro
since 20082.190.813.789
Wegro
since 20102.190.814.581
WEGRO
since 20102.219.656.740
WEGRO
since 20132.219.656.938
Show 1 more locations
WEGRO
since 20162.252.759.771
7 parcels
Flanders
7
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38502F0763/00_000 | Flanders | 1,480 m² | 1 · 212 m² | 10.4 m · 2 fl. |
| 38342G0538/00B000 | Flanders | 338 m² | 1 · 270 m² | 18.1 m · 1 fl. |
| 38014E0416/00_000 | Flanders | 306 m² | 1 · 90 m² | 17.4 m · 4 fl. |
| 31004A0313/00D002 | Flanders | 287 m² | 1 · 378 m² | 13.8 m · 4 fl. |
| 31013C0376/00A000 | Flanders | 266 m² | 1 · 195 m² | 24.2 m · 6 fl. |
| 38402D0084/00B000 | Flanders | 164 m² | 1 · 184 m² | 21.0 m · 6 fl. |
| 31332F0065/00E000 | Flanders | 151 m² | 1 · 151 m² | 22.2 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
7 of 7 parcels 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 · 170 EUR awarded · 170 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 170 EUR | 170 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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CAPITAC
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,345 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-09-1989
Fiscal year end30-09
Activities, NACEBEL 2025
47551Retail sale of household furniture
46412Wholesale of household textiles and bedding
46423Wholesale of clothing, excluding workwear and underwear
47512Retail sale of household textiles and bedding
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.