WENDU SPAR
The computed 12-month bankruptcy probability of WENDU SPAR is 1.9% (moderate). The 2025 annual accounts show equity of €215k and a net result of €191k. Its solvency ranks better than 27% of 479 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €215k |
| Net result | €191k |
| Staff (FTE) | 9.7 |
| Better than sector | 27% |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 7.1% | 21.2% | |
| Net result | €191k | €33k | |
| Equity | €215k | €163k | |
| Gross operating margin | €911k | €281k | |
| Staff costs | €506k | €212k |
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €403k |
| Net profit | €191k |
| Cash flow | €331k |
| Staff costs | €506k |
| Income taxes | €10k |
| Dividends | - |
| Total assets | €3.04M |
| Equity | €215k |
| Debt | €2.83M |
| of which ≤ 1y | €773k |
| of which > 1y | €2.05M |
| Working capital | €402k |
| Employees (FTE) | 9.7 |
| 2025 | |
|---|---|
| Current ratio | 1.52 |
| Quick ratio | 1.17 |
| Working capital ratio | 13.2% |
| Solvency | 7.1% |
| Debt / equity | 13.13 |
| Long-term debt ratio | 9.54 |
| Interest coverage | 6.41 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.3% |
| ROE | 88.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.04M |
| Fixed assets | 21/28 | €1.87M |
| Intangible fixed assets | 21 | €448k |
| Tangible fixed assets | 22/27 | €1.42M |
| Current assets | 29/58 | €1.18M |
| Stocks & contracts in progress | 3 | €274k |
| Amounts receivable within one year | 40/41 | €39k |
| Cash & bank | 54/58 | €839k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.04M |
| Equity | 10/15 | €215k |
| Contributions / capital | 10/11 | €24k |
| Accumulated profits (losses) | 14 | €191k |
| Amounts payable | 17/49 | €2.83M |
| Amounts payable after one year | 17 | €2.05M |
| Amounts payable within one year | 42/48 | €773k |
| Trade debts payable within one year | 44 | €460k |
| Income statement | ||
| Gross operating margin | 9900 | €911k |
| Operating result | 9901 | €264k |
| Financial income | 75 | €554 |
| Financial charges | 65 | €63k |
| Result before taxes | 9903 | €201k |
| Income taxes | 67/77 | €10k |
| Net result for the period | 9904 | €191k |
| Result to be appropriated | 9905 | €191k |
-
VDC MARKETLegal entityDirector· perm. rep.: VANDECASTEELE MiraState Gazette act 25158419 (16-12-2025)Current01-12-2025 → present
-
VDC-INVESTLegal entityDirector· perm. rep.: VANDECASTEELE HeinState Gazette act 25158419 (16-12-2025)Current01-12-2025 → present
Former directors (2)
-
Former- → 31-01-2026
-
Former- → 31-01-2026
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 12-04-2024 |
| Status | Active |
| Postal code | 8420 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31038A0693/00A000 | Flanders | 300 m² | 1 · 297 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-01-2026 Publication in the Belgian Official Gazette, Minor change
Technical details
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"single_shareholder_declaration": null
}16-12-2025 2 directors appointed, 2 resigning
- VANDECASTEELE Hein, Bestuurder
- VANDECASTEELE Mira, Bestuurder
- KUYLE Ivan, Bestuurder
- LEENKNEGT Hilde, Bestuurder
Technical details
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"effective_date": "2025-12-01",
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},
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"effective_date": "2026-01-31",
"evidence_quote": "Na beraadslaging beslist de vergadering, unaniem, om de onderstaande personen te ontslaan als bestuurders, met ingang vanaf 31 januari 2026: -De besloten vennootschap KLIPCO (8900 leper, Steenovenstraat 13 - 0880.275.889), met als vaste vertegenwoordiger de heer KUYLE Ivan; -Mevrouw LEENKNEGT Hilde."
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}16-04-2024 Incorporation of a new BV
Technical details
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"founders": [
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"niss": null,
"address": "8900 Ieper, Steenovenstraat 13"
},
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"amount_paid_in_eur": 12000,
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],
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"incorporation_date": "2024-04-11",
"post_incorporation_mandates": []
}| Legal nameNL | WENDU SPAR |