Skip to content

WELL COMMUNICATIONS

Active
Private limited companyfounded 199926 years activeKnapenstraat 5, 8800 Roeselare, BelgiumKBO/BCE: BE 0467.083.902
Summary

The computed 12-month bankruptcy probability of WELL COMMUNICATIONS is 1.5% (moderate). The 2025 annual accounts show equity of €131,438 and a net result of €270. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 112 sector peers (NACE 61, fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Wired, wireless and satellite telecommunications
NACE 61100
#6 oldest company in West Flanders, Telecommunications sector1 site
Size
€244,767total assets 2025
Equity
€131,438
Profit
€270
Turnover not published (abridged schema)
Financial health
63 Healthy Checked score 2025
Bankruptcy probability, 12 months
1.5%
Structure
Parent
LE MANOIR · 80%
Accounts filed 55 days late0 of 4 deeds read
Why 63- Latest accounts 55 days late; 1 of the last 3 late- Liquidity: current ratio 2.10, cash €178- Sector Telecommunications (NACE 61)+ Founded in 1999Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 40% of its sector peers (NACE 61, micro)
Financial strength · tick = 2024
Average
Solvency 79-18
equity 53.7% of total assets
Liquidity 27-51
short-term debt 46.3% · cash 0.1%
Profitability 37-30
return on assets 0.1%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (525 companies)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 0.7%▼ -0.7 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.6%● unchanged vs 07-2025lowest value 09-2025: 0.6%● unchanged vs 08-2025lowest value 10-2025: 0.6%● unchanged vs 09-2025lowest value 11-2025: 0.6%● unchanged vs 10-2025lowest value 12-2025: 0.6%● unchanged vs 11-2025lowest value 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.3 percentage points vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026highest value
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 3.44 in 2024; short-term debt: 46.3% and cash: 0.1% of total assets), and 46.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 61, micro): better than 61% on solvency, 25% on liquidity, 30% on profitability and 44% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

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

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 55 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 2.10, cash €178
NBB · annual accounts
lowers risk · Founded in 1999
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Telecommunications (NACE 61)
KBO
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
55 days late
2024
42 days early
2023
37 days early
2022
90 days early
2021
67 days early
2020
47 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 19 June (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Oldest company in West Flanders, Telecommunications sectorin the Checked rankings #6 View
  • Controlled by LE MANOIR 80% View
  • Positive: 5 profitable years in a rowprofit 2025: €270 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€244,767
Profit
€270
Solvency
53.7%
Turnover▼ 31.1%
Net result
20182020
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2023Highest result since 2018
  2. 31-12-2023Equity above €100,000
  3. 02-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wired, wireless and satellite telecommunicationsNACE 61100
Founded
19-10-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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