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Wendies

Active
Private limited companyfounded 20224 yrs activeRollestraat 109, 1701 Dilbeek, BelgiumKBO/BCE: BE 0784.968.342
Summary

The computed 12-month bankruptcy probability of Wendies is 2.9% (moderate). The 2025 annual accounts show equity of €48,309 and a net result of -€12,667. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 32% of 18716 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability59▼-14
Solvency38▼-1
Growth52=
Track record94
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.77 against 2.89 in 2024; short-term debt: 20.5% and cash: 3.5% of total assets), but 86.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
13.2%
Return on assets
-3.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
53 d early
2024
38 d early
2023
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 31 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 23 June (3 of the last 3 filed years within 38 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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

Wendies was incorporated on 20 April 2022 as a Private limited company.1 Total assets fell from EUR 475,604 in 2023 to EUR 366,318 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€48,309▼ 20.8%
2024 · €60,976
Total assets
€366,318▼ 17.4%
2024 · €443,474
Net result
-€12,667
2024 · €14,435
Working capital
€132,953▼ 12.9%
2024 · €152,569
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€35,713-€21,435▼ 40.0%-€10,110
Net result€21,541above the sector's middle half-€14,435within the sector's middle half▼ 33.0%-€12,667below the sector's middle half
Equity€46,541within the sector's middle half-€60,976within the sector's middle half▲ 31.0%€48,309within the sector's middle half▼ 20.8%
Total assets€475,604above the sector's middle half-€443,474above the sector's middle half▼ 6.8%€366,318above the sector's middle half▼ 17.4%
Debt€429,063-€382,498▼ 10.9%€318,008▼ 16.9%
Working capital€132,120above the sector's middle half-€152,569above the sector's middle half▲ 15.5%€132,953above the sector's middle half▼ 12.9%
Solvency9.8%within the sector's middle half-13.7%within the sector's middle half▲ 4.0pp13.2%within the sector's middle half▼ 0.6pp
Current ratio2.62within the sector's middle half-2.89above the sector's middle half▲ 0.272.77within the sector's middle half▼ 0.12
Return on assets (ROA)4.5%within the sector's middle half-3.3%within the sector's middle half▼ 1.3pp-3.5%within the sector's middle half▼ 6.7pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2023: €35,713€35,713Net result 2023: €21,541€21,541Operating result 2024: €21,435€21,435Net result 2024: €14,435€14,435Operating result 2025: -€10,110-€10,110Net result 2025: -€12,667-€12,667202320242025-€20,000€0€20,000€40,000Operating result 2023: €35,713€35,700Net result 2023: €21,541€21,500Operating result 2024: €21,435€21,400Net result 2024: €14,435€14,400Operating result 2025: -€10,110-€10,100Net result 2025: -€12,667-€12,700202320242025
The operating result turns negative in 2025: a loss of €10,110 after €21,435 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €366,318
Fixed assets €158,313 ▼ 24.6%
Current assets €208,005 ▼ 10.9%
Equity and liabilities €366,318
Equity €48,309 ▼ 20.8%
Debt €318,008 ▼ 16.9%
Debt's share of the balance-sheet total rises from 86.3% to 86.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,668▼
2024 · €73,213
Cash flow
€39,111▼
2024 · €66,213
Quick ratio
0.28▼
2024 · 0.29
Debt to equity
6.58▲
2024 · 6.27
ROE
-26.2%▼
2024 · 23.7%
Interest coverage
5.40▼
2024 · 7.94
Debt ≤ 1 year
€75,051▼
2024 · €80,814
Debt > 1 year
€241,121▼
2024 · €300,026
Income taxes
€132▼
2024 · €4,276
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,271 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€443,474€366,318▼
Fixed assets21/28€210,091€158,313▼
Intangible fixed assets21€176,034€137,606▼
Tangible fixed assets22/27€34,057€20,707▼
Furniture and vehicles24€506€156▼
Other tangible fixed assets26€33,551€20,551▼
Current assets29/58€233,383€208,005▼
Stocks and contracts in progress3€210,015€186,826▼
Stocks30/36€210,015€186,826▼
Amounts receivable within one year40/41€2,429€7,478▲
Trade receivables40€2,429€7,478▲
Cash at bank and in hand54/58€20,155€12,875▼
Deferred charges and accrued income490/1€783€825▲
Equity and liabilities
Total equity and liabilities10/49€443,474€366,318▼
Equity10/15€60,976€48,309▼
Contributions10/11€25,000€25,000=
Profit (loss) carried forward14€35,976€23,309▼
Amounts payable17/49€382,498€318,008▼
Amounts payable after more than one year17€300,026€241,121▼
Financial debts170/4€300,026€241,121▼
Amounts payable within one year42/48€80,814€75,051▼
Financial debts43€44,529€45,992▲
Credit institutions430/8€44,529€45,992▲
Trade debts44€10,561€4,087▼
Suppliers440/4€10,561€4,087▼
Taxes, remuneration and social security45€12,307€13,113▲
Taxes450/3€12,307€13,113▲
Other amounts payable47/48€13,418€11,859▼
Accrued charges and deferred income492/3€1,658€1,836▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,778€51,778=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€26,015€13,323▼
Other operating charges640/8€666€944▲
Gross operating margin9900€99,894€55,935▼
Operating profit (loss)9901€21,435-€10,110▼
Financial income75/76B€6,499€5,288▼
Recurring financial income75€6,499€5,288▼
Financial charges65/66B€9,223€7,713▼
Recurring financial charges65€9,223€7,713▼
Profit (loss) for the period before taxes9903€18,711-€12,535▼
Income taxes67/77€4,276€132▼
Profit (loss) for the period9904€14,435-€12,667▼
Profit (loss) for the period to be appropriated9905€14,435-€12,667▼
Appropriation of the result
Profit (loss) to be appropriated9906€35,976€23,309▼
Profit (loss) brought forward from the previous period14P€21,541€35,976▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73,180€51,778€51,778=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6,213€26,015€13,323▼ 48.8%
Other operating charges640/8€588€666€944▲ 41.6%
Gross operating margin9900€115,695€99,894€55,935▼ 44.0%
Operating profit (loss)9901€35,713€21,435-€10,110▼ 147%
Financial income75/76B€9,827€6,499€5,288▼ 18.6%
Recurring financial income75€9,827€6,499€5,288▼ 18.6%
Financial charges65/66B€17,896€9,223€7,713▼ 16.4%
Recurring financial charges65€17,896€9,223€7,713▼ 16.4%
Profit (loss) for the period before taxes9903€27,644€18,711-€12,535▼ 167%
Income taxes67/77€6,103€4,276€132▼ 96.9%
Profit (loss) for the period9904€21,541€14,435-€12,667▼ 188%
Profit (loss) for the period to be appropriated9905€21,541€14,435-€12,667▼ 188%
Line202320242025Change
Assets
Total assets20/58€475,604€443,474€366,318▼ 17.4%
Fixed assets21/28€261,869€210,091€158,313▼ 24.6%
Intangible fixed assets21€214,463€176,034€137,606▼ 21.8%
Tangible fixed assets22/27€47,406€34,057€20,707▼ 39.2%
Furniture and vehicles24€855€506€156▼ 69.1%
Other tangible fixed assets26€46,551€33,551€20,551▼ 38.7%
Current assets29/58€213,735€233,383€208,005▼ 10.9%
Stocks and contracts in progress3€184,829€210,015€186,826▼ 11.0%
Stocks30/36€184,829€210,015€186,826▼ 11.0%
Amounts receivable within one year40/41€5,829€2,429€7,478▲ 208%
Trade receivables40€5,829€2,429€7,478▲ 208%
Cash at bank and in hand54/58€23,076€20,155€12,875▼ 36.1%
Deferred charges and accrued income490/1-€783€825▲ 5.3%
Equity and liabilities
Total equity and liabilities10/49€475,604€443,474€366,318▼ 17.4%
Equity10/15€46,541€60,976€48,309▼ 20.8%
Contributions10/11€25,000€25,000€25,000=
Profit (loss) carried forward14€21,541€35,976€23,309▼ 35.2%
Amounts payable17/49€429,063€382,498€318,008▼ 16.9%
Amounts payable after more than one year17€344,556€300,026€241,121▼ 19.6%
Financial debts170/4€344,556€300,026€241,121▼ 19.6%
Amounts payable within one year42/48€81,615€80,814€75,051▼ 7.1%
Financial debts43€43,094€44,529€45,992▲ 3.3%
Credit institutions430/8€43,094€44,529€45,992▲ 3.3%
Trade debts44€9,985€10,561€4,087▼ 61.3%
Suppliers440/4€9,985€10,561€4,087▼ 61.3%
Taxes, remuneration and social security45€14,201€12,307€13,113▲ 6.6%
Taxes450/3€14,201€12,307€13,113▲ 6.6%
Other amounts payable47/48€14,335€13,418€11,859▼ 11.6%
Accrued charges and deferred income492/3€2,893€1,658€1,836▲ 10.7%
Line202320242025Change
Profit (loss) for the period9904€21,541€14,435-€12,667▼ 188%
+ Depreciation and write-downs630€73,180€51,778€51,778=
Operating cash flow (approximation)€94,721€66,213€39,111▼ 40.9%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€2,920-€7,280▼ 149%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€12,667
Net result drops to -€12,667, the lowest in the series.
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Dilbeek · 2 establishment units since 2022
seat establishment All 2 establishment units on the map
Ground area
1,448 m²
Building footprint
325 m²
Volume, LiDAR
1,965 m³
2 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
Wendies
Rollestraat 109, 1701 DilbeekRetail trade
since 20222.330.686.801
Wendies
Markt 7, 1750 LennikRetail trade
since 20222.333.569.184
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23037A0288/00F000 Flanders 1,066 m² 1 · 133 m² 10.2 m · 2 fl.
23072E0246/00K000 Flanders 382 m² 1 · 191 m² 12.1 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.

Similar companies · same sector, comparable size

Of 519 companies in sector 47714 we hold annual accounts for 266. 226 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47714Retail trade
47120Other non-specialised retail sale
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0784968342

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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