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WEHASHEM

Active Private limited companyfounded 1987active for 39 yearsEdingseweg 438, 9500 GeraardsbergenKBO/BCE: BE 0430.373.360 subsidiary of J.D. PRODUCTS#1 company by total assets in Geraardsbergen, Accommodation and food service sector

Lifetime

20 annual accounts with figures on one time axis, 39 filings since 1987
peak €171,614 (2021)
-€8,676▲ €2,411
lowest -€152,671 (2011)
-€78,361▼ €33,383
peak €329,646 (2023)
€206,307▼ 27.5%
€1.8m▲ 29.9%
peak 1.3 FTE (2012)
-not published
Board2 names since 2010
2 directorsPREMEREUR Stefaan Eddy Ferdinand and 1 other
Owners
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from -€11,087 to -€8,676Loss of €78,361Equity from €284,668 to €206,307Debts from €1.3m to €1.8mInvestments €384,325

Key points

from the 2025 annual accounts

Equity

€206,307 ▼ 27.5%
€285,0002024€206,0002025

Equity fell in 2025 from €284,668 to €206,307.

Losses

-€123,339 in two years
-44,9782024-78,3612025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€1.8m 89% of the balance sheet
Financial debts 41%Suppliers 0%Taxes and wages 0%Other 58%

Of this, €1.0m falls due within a year.

Investments

€384,325 7.5 × depreciation
202320242025

Green is investment, beige is depreciation. Land and buildings stand 23.7% higher than in 2024.

Filings

39 annual accounts since 1987
AprilJune31 JulyOctober1990200020102020

Eight of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.

Position in the sector

-€78,361

Lower net result than 95% of companies in accommodation. Sector median €2,249 · 1,611 companies.

Turnover not published (micro format)

Checked score

84
Excellent
Financially stronger than 26% of micro companies in accommodation (NACE 55)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%▼ -0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.7 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Weak

36-6equity 10.5% of total assets
32+9short-term debt 51.8% · cash 6.4%
14-1return on assets -4.0%

Score breakdown

raises risk
Equity €206,307 (10.5% of total assets)
Loss of €78,361, the second in a row (financial year 2025)
lowers risk
Size: total assets €2.0m
Founded in 1987
Calculation

The band follows from the bankruptcy probability. 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 (NACE 55, micro). It does better than 39% of them on solvency, 28% on liquidity, 19% on profitability and 19% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,507 companies had the same profile as WEHASHEM has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of WEHASHEM itself is lower: 0.2% within 12 months. It rests on far more data about WEHASHEM than the profile alone.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 2,507 companies, not a prediction for WEHASHEM. 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

Credit of up to €17,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.19 (0.18 in 2024), below 1. Short-term debt is 51.8% and cash 6.4% of total assets. 89.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €2.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €206,307 (10.5% of total assets)
NBB · annual accounts
raises risk · Loss of €78,361, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€78,361
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
31 days late
2023
29 days late
2022
31 days late
2021
30 days late
2020
31 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PS
Director, since 11-12-2023
SP
Director, since 11-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0430373360
Appointment: PREMEREUR Stefaan Eddy Ferdinand (statutory director) 3,375 shares · Gazette deed
Environmental permit granted Nieuwbouw of aanleggen · Geraardsbergen
Registered office moved within Geraardsbergen New registered office: Edingseweg 438 B- 9500 Geraardsbergen · Previous registered office: Klakvijverstraat 78- 9500 Geraardsbergen · General meeting of 18-04-2021 · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
WEHASHEM Geraardsbergen - - 10.5% -
Q LEISURE PROPERTIES De Pinte - - 46.9% 0
De Lage Kempen Hechtel-Eksel - - 44.5% -
CAMPING D'HOULIFONTAINE Bouillon - - 15.1% -
DE BUYSER-BLOMME Bruges - - 27.9% -
Arden Parks Saint-Hubert Saint-Hubert €704,633 -89.7% -155.1% 0
Arden Parks Kempenheuvel Bree €239 - 6.9% 0

These companies have the same main activity as WEHASHEM: accommodation (NACE 55300). They are comparable in size and age: total assets between €803,000 and €2.6m, founded between 1974 and 1998.

Official details

Source: KBO
Status
Active since 09-02-1987Normal situation
Activity
AccommodationNACE 55300and 1 other
Establishment unit
2.033.680.0269500 Geraardsbergen, since 18-06-1998
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€2.0m▲ 19.9%
Filing
Filed on 25-08-2026
Financials

Insights on WEHASHEM

WEHASHEM files the micro format. That format states no turnover. The gross margin fell from €8,309 in 2006 to -€8,676 in 2025.

J.D. PRODUCTS holds 53.27% of the shares.

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 WEHASHEM

What is the company number of WEHASHEM?
The company number of WEHASHEM is 0430.373.360. The VAT number is the same number with BE in front: BE 0430.373.360.
Where is WEHASHEM based?
The registered office is at Edingseweg 438, 9500 Geraardsbergen.Company details
What does WEHASHEM do?
According to the KBO register, the main activity is accommodation (NACE 55300).
What is the legal form of WEHASHEM?
WEHASHEM is a private limited company (BV).
When was WEHASHEM founded?
WEHASHEM was founded on 09-02-1987.
Is WEHASHEM still active?
Yes, WEHASHEM is an active enterprise in the KBO register.
What is the turnover of WEHASHEM?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is WEHASHEM profitable?
In financial year 2025, WEHASHEM made a loss of €78,361.
Where can I find the annual accounts of WEHASHEM?
WEHASHEM filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WEHASHEM due?
WEHASHEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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