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WEP

Active
Private limited companyfounded 2018active for 8 yearsStormramstraat 11, 9940 Evergem, BelgiumKBO/BCE: BE 0692.571.585
Summary

The computed 12-month bankruptcy probability of WEP is 1.5% (moderate). The annual accounts of WEP for financial year 2025 show a net loss of 63% of total assets. The 2025 annual accounts show equity of €36,839 and a net result of -€27,867. Equity is growing by about 3.7% per year across the filed financial years. Its solvency ranks better than 89% of 34,678 sector peers (NACE 43, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
WEPActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€43,996total assets 2025
Equity
€36,839
Loss
-€27,867
Turnover not published (abbreviated or micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Parent
DMS WINDOWS BV
2025 accounts filed 61 days late1 of 3 deeds summarised
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLast filed accounts filed 61 days late; 2 of the last 3 lateLoss of €27,867, the second in a row (financial year 2025)lowers riskEquity €36,839 (83.7% of total assets)Liquidity: current ratio 6.18, cash €6,958, halvedShow the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 43, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 83.7% of total assets
Liquidity 66-26
short-term debt 15.7% · cash 15.8%
Profitability 0-1
return on assets -63.3%
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 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.5 percentage points vs 07-2025 09-2025: 1.4%▲ +0.2 percentage points vs 08-2025 10-2025: 2.5%▲ +1.1 percentage points vs 09-2025highest value 11-2025: 1.1%▼ -1.4 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.2%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.6 percentage points vs 07-2026 09-2026: 2.0%▲ +0.2 percentage points vs 08-2026 10-2026: 1.5%▼ -0.5 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 6.18, compared with 13.08 in 2024, above the usual 1.5; short-term debt: 15.7% and cash: 15.8% of total assets), and 16.3% of the assets are financed with debt and provisions.
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 43, micro): better than 90% on solvency, 65% on liquidity, 4% on profitability and 10% on growth.

The bankruptcy probability was computed on 23-10-2026 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).

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Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 2 of the last 3 late
NBB · filings
raises risk · Loss of €27,867, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Equity €36,839 (83.7% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 6.18, cash €6,958, halved
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 -€27,867
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 8 filings
Deviation from the deadline
2025
61 days late
2024
61 days late
2023
2 days early
2022
31 days late
2021
31 days early
2020
31 days early
2019
39 days early
← 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 7 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 31 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€27,867
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€27,867 View
  • Caution: Among the weakest 5% on net resultsector median €10,244 · 34,665 companies -€27,867 View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Controlled by DMS WINDOWS BVultimately: WEB BV parent View

By topic

Financials

Financial year
2025
Total assets
€43,996
Loss
-€27,867
Solvency
83.7%
Turnover▲ 46.9%
Net result
20182022
Go to Financials

Board & ownership

Board
2 members
Parent
DMS WINDOWS BV
  • Philippe De MeulenaereDirector
  • Wesley BaeyensDirector
Go to Board & ownership

Timeline

Events
12
Since
2019
Next accounts
by 31-07-2027
  1. 31-12-2024Liquidity more than doubled
  2. 29-07-2024Annual accounts filed
  3. 05-01-2024Resignations: Philippe De Meulenaere (manager) and Wesley…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
15-03-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Annual meeting
First Friday of June at 16:00
Purpose
“Alle binnen-en buitenschrijnwerk in hout,metaal en kunststof.Het plaatsen van ramen en…” (deed in Dutch)
Go to Articles of association

Key facts about WEP

What is the company number of WEP?
0692.571.585. In Belgium the VAT number is the company number with BE in front: BE 0692.571.585.
Where is WEP based?
The registered office is at Stormramstraat 11, 9940 Evergem.Company details
What does WEP do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of WEP?
Private limited company (BV).
When was WEP founded?
On 15-03-2018.
Is WEP still active?
Yes, WEP is an active enterprise in the KBO register.
How many employees does WEP have?
On average 0.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of WEP?
€251,186 in financial year 2022, according to the filed annual accounts.
Is WEP profitable?
In financial year 2025, WEP made a loss of €27,867.
Where can I find the annual accounts of WEP?
WEP filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WEP due?
By 31-07-2027, for financial year 2026.Timeline

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