WENGE
ActiveThe annual accounts of WENGE for fiscal year 2024 show a net loss of 72% of total assets and of 99% of the equity at the start of that year. The 2024 annual accounts show equity of €198k and a net result of €-16.42M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 4602 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-49
Solvency26▼-39
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.97 against 0.08 in 2023; short-term debt: 99.1% and cash: 5.8% of total assets), and 99.1% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
0.9%
Return on assets
-72.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 4602 sector peers (2024).
NBB · sector comparisonPosition among 4602 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
26 d early
2022
31 d early
2021
11 d late
2020
27 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-16.42M
2023 · €9.62M
2018: €31k
2019: €-2.72M
2020: €-609k
2021: €321k
2022: €8.19M
2023: €9.62M
2018 → 2024
Working capital
€-713k▲ 96.8%
2023 · €-22.51M
2018: €-17.44M
2019: €-18.31M
2020: €-22.56M
2021: €-26.79M
2022: €-18.40M
2023: €-22.51M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-1.52M-€-1.20M▲ 21.0%€6.99M€16.62M▲ 138%€198k▼ 98.8%
Operating result€-65k-€-39k▲ 40.5%€18k€-75k€-220k▼ 192%
Net result€-609k-€321k€8.19M▲ 2,457%€9.62M▲ 17.4%€-16.42M
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €220k in 2024 against €75k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22.69M
Fixed assets
€910k▼ 97.7%
Current assets
€21.78M▲ 991%
Equity and liabilities €22.69M
Equity
€198k▼ 98.8%
Debt
€22.49M▼ 8.7%
The debt ratio rises from 59.7% to 99.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-46k▼
2023 · €19k
Cash flow
€-16.24M▼
2023 · €9.72M
Solvency
0.9%▼
2023 · 40.3%
Current ratio
0.97▲
2023 · 0.08
Quick ratio
0.97▲
2023 · 0.08
ROA
-72.4%▼
2023 · 23.3%
Interest coverage
0.00▼
2023 · 0.13
Debt
€22.49M▼
2023 · €24.63M
Debt ≤ 1 year
€22.49M▼
2023 · €24.51M
Income taxes
€104k▲
2023 · €1k
A ratio outside any meaningful range has been withheld (balance sheet total €22.69M, equity €198k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€41.25M€22.69M▼
Fixed assets21/28€39.25M€910k▼
Tangible fixed assets22/27€305k€291k▼
Plant, machinery and equipment23€270k€266k▼
Furniture and vehicles24€35k€25k▼
Financial fixed assets28€38.95M€619k▼
Current assets29/58€2.00M€21.78M▲
Amounts receivable within one year40/41€45k€285k▲
Trade receivables40€30k€86k▲
Other amounts receivable41€15k€199k▲
Current investments50/53€500k€20.17M▲
Cash at bank and in hand54/58€1.45M€1.32M▼
Equity and liabilities
Total equity and liabilities10/49€41.25M€22.69M▼
Equity10/15€16.62M€198k▼
Contributions10/11€20k€20k=
Reserves13€16.60M€178k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€16.59M€178k▼
Amounts payable17/49€24.63M€22.49M▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€24.51M€22.49M▼
Trade debts44€25k€66k▲
Suppliers440/4€25k€66k▲
Taxes, remuneration and social security45€13k€0▼
Taxes450/3€12k€0▼
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€24.47M€22.42M▼
Accrued charges and deferred income492/3€124k€0▼
Income statement
Code20232024
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€175k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€22k€-43k▼
Operating profit (loss)9901€-75k€-220k▼
Financial income75/76B€9.85M€2.85M▼
Recurring financial income75€9.85M€2.85M▼
Financial charges65/66B€151k€18.94M▲
Recurring financial charges65€151k€18.94M▲
Profit (loss) for the period before taxes9903€9.63M€-16.31M▼
Income taxes67/77€1k€104k▲
Profit (loss) for the period9904€9.62M€-16.42M▼
Profit (loss) for the period to be appropriated9905€9.62M€-16.42M▼
Appropriation of the result
Profit (loss) to be appropriated9906€9.62M€-16.42M▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€16.42M
Transfer to equity691/2€9.62M€0▼
To other reserves6921€9.62M€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 70 days late
2024
31-12
Financial
Weakest financial yearnet €-16.42M ▼271%
Net result drops to €-16.42M, the lowest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €9.62M ▲17.4%
Net result €9.62M, the highest in the series.
31-12
Financial
Equity above €10MEq €16.62M ▲138%
3 profitable years in a row build equity to €16.62M.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €5MEq €6.99M
2 profitable years in a row build equity to €6.99M.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
31-12
Financial
Back to profitnet €321k
Net result €321k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Tournai · 1 establishment unit since 2009
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.
Rue Trieu(MEL) 36/B7540 TournaiGround area
2,820 m²
Building footprint
537 m²
Volume, LiDAR
417 m³
2 parcels, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WENGE
since 20092.176.564.489
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57463L0290/00F000 | Wallonia | 1,965 m² | 1 · 462 m² | - |
| 57053B0166/00E000 | Wallonia | 855 m² | 1 · 75 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
875500RJJ2F8YKHAZ276
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,102 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46190Agents in non-specialised wholesale trade
68110Buying and selling of own real estate
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.