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WEPAVEN

Active
Private limited companyfounded 201016 yrs activeWezembeekstraat 31, 1970 Wezembeek-Oppem, BelgiumKBO/BCE: BE 0828.052.277
Summary

The annual accounts of WEPAVEN for fiscal year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €17,837 and a net result of -€35,918. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 20% of 3337 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency36▼-13
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 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 0.28 against 1.18 in 2024; short-term debt: 19.1% and cash: 3.8% of total assets), and 88.9% of the assets are financed with debt.
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Signals

Six 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
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
11.1%
Return on assets
-22.3%
Age of the figures
9 mo
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 -€35,918
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3337 sector peers (2025).
NBB · sector comparison
Position among 3337 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
29 d late
2021
31 d late
2020
31 d late
2019
31 d 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 30 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

WEPAVEN was incorporated on 26 July 2010.1 Total assets fell from EUR 373,137 in 2018 to EUR 160,719 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€17,837▼ 66.8%
2024 · €53,755
Total assets
€160,719▼ 26.8%
2024 · €219,450
Net result
-€35,918▼ 2.8%
2024 · -€34,943
Working capital
-€22,020
2024 · €5,670
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,645▼ 24.8%-€6,264-€15,114▼ 141%-€31,978▼ 112%-€33,329▼ 4.2%
Net result-€1,363below the sector's middle half▲ 29.0%-€10,565below the sector's middle half▼ 675%-€18,424below the sector's middle half▼ 74.4%-€34,943below the sector's middle half▼ 89.7%-€35,918below the sector's middle half▼ 2.8%
Equity€117,688within the sector's middle half▼ 1.1%€107,122below the sector's middle half▼ 9.0%€88,698within the sector's middle half▼ 17.2%€53,755below the sector's middle half▼ 39.4%€17,837below the sector's middle half▼ 66.8%
Total assets€344,551below the sector's middle half▼ 16.9%€311,378below the sector's middle half▼ 9.6%€276,347within the sector's middle half▼ 11.3%€219,450below the sector's middle half▼ 20.6%€160,719below the sector's middle half▼ 26.8%
Debt€226,863▼ 23.2%€204,256▼ 10.0%€187,648▼ 8.1%€165,695▼ 11.7%€142,882▼ 13.8%
Working capital€41,752within the sector's middle half▲ 26.7%€40,987within the sector's middle half▼ 1.8%€32,011within the sector's middle half▼ 21.9%€5,670below the sector's middle half▼ 82.3%-€22,020below the sector's middle half
Solvency34.2%within the sector's middle half▲ 5.4pp34.4%within the sector's middle half▲ 0.2pp32.1%within the sector's middle half▼ 2.3pp24.5%within the sector's middle half▼ 7.6pp11.1%below the sector's middle half▼ 13.4pp
Current ratio2.55within the sector's middle half▲ 1.112.60within the sector's middle half▲ 0.042.04within the sector's middle half▼ 0.561.18within the sector's middle half▼ 0.860.28below the sector's middle half▼ 0.90
Return on assets (ROA)-0.4%below the sector's middle half▲ 0.1pp-3.4%below the sector's middle half▼ 3.0pp-6.7%below the sector's middle half▼ 3.3pp-15.9%below the sector's middle half▼ 9.3pp-22.3%below the sector's middle half▼ 6.4pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2021: €2,645€2,645Net result 2021: -€1,363-€1,363Operating result 2022: -€6,264-€6,264Net result 2022: -€10,565-€10,565Operating result 2023: -€15,114-€15,114Net result 2023: -€18,424-€18,424Operating result 2024: -€31,978-€31,978Net result 2024: -€34,943-€34,943Operating result 2025: -€33,329-€33,329Net result 2025: -€35,918-€35,91820212022202320242025-€40,000-€30,000-€20,000-€10,000€0Operating result 2023: -€15,114-€15,100Net result 2023: -€18,424-€18,400Operating result 2024: -€31,978-€32,000Net result 2024: -€34,943-€34,900Operating result 2025: -€33,329-€33,300Net result 2025: -€35,918-€35,900202320242025
The operating result stays negative: a loss of €33,329 in 2025 against €31,978 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160,719
Fixed assets €152,031 ▼ 16.8%
Current assets €8,689 ▼ 76.3%
Equity and liabilities €160,719
Equity €17,837 ▼ 66.8%
Debt €142,882 ▼ 13.8%
Debt's share of the balance-sheet total rises from 75.5% to 88.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,597▼
2024 · -€1,247
Cash flow
-€5,187▼
2024 · -€4,212
Debt to equity
8.01▲
2024 · 3.08
ROE
-201.4%▼
2024 · -65.0%
Interest coverage
-1.00▼
2024 · -0.42
Debt ≤ 1 year
€30,709▼
2024 · €31,018
Debt > 1 year
€112,174▼
2024 · €134,676
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
6.0% stopped otherwise
90% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.9%
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 1,294 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€219,450€160,719▼
Fixed assets21/28€182,762€152,031▼
Intangible fixed assets21€1,000€500▼
Tangible fixed assets22/27€181,762€151,531▼
Land and buildings22€181,762€151,531▼
Current assets29/58€36,688€8,689▼
Amounts receivable within one year40/41€694€1,039▲
Trade receivables40€0-
Other amounts receivable41€694€1,039▲
Cash at bank and in hand54/58€35,994€6,149▼
Deferred charges and accrued income490/1€0€1,500▲
Equity and liabilities
Total equity and liabilities10/49€219,450€160,719▼
Equity10/15€53,755€17,837▼
Contributions10/11€12,400€12,400=
Reserves13€41,355€5,437▼
Distributable reserves133€41,355€5,437▼
Amounts payable17/49€165,695€142,882▼
Amounts payable after more than one year17€134,676€112,174▼
Financial debts170/4€134,676€112,174▼
Amounts payable within one year42/48€31,018€30,709▼
Current portion of amounts payable after more than one year42€22,129€22,503▲
Trade debts44€683€0▼
Suppliers440/4€683€0▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€8,206€8,206=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,731€30,731=
Other operating charges640/8€1,048€1,081▲
Gross operating margin9900-€199-€1,516▼
Operating profit (loss)9901-€31,978-€33,329▼
Financial charges65/66B€2,965€2,590▼
Recurring financial charges65€2,965€2,590▼
Profit (loss) for the period before taxes9903-€34,943-€35,918▼
Profit (loss) for the period9904-€34,943-€35,918▼
Profit (loss) for the period to be appropriated9905-€34,943-€35,918▼
Appropriation of the result
Profit (loss) to be appropriated9906-€34,943-€35,918▼
Transfer from equity791/2€34,943€35,918▲

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,202€31,202€31,202€30,731€30,731=
Other operating charges640/8€897€919€1,008€1,048€1,081▲ 3.1%
Gross operating margin9900€34,744€25,857€17,096-€199-€1,516▼ 663%
Operating profit (loss)9901€2,645-€6,264-€15,114-€31,978-€33,329▼ 4.2%
Financial charges65/66B€4,008€4,301€3,310€2,965€2,590▼ 12.7%
Recurring financial charges65€4,008€4,301€3,310€2,965€2,590▼ 12.7%
Profit (loss) for the period before taxes9903-€1,363-€10,565-€18,424-€34,943-€35,918▼ 2.8%
Profit (loss) for the period9904-€1,363-€10,565-€18,424-€34,943-€35,918▼ 2.8%
Profit (loss) for the period to be appropriated9905-€1,363-€10,565-€18,424-€34,943-€35,918▼ 2.8%
Line20212022202320242025Change
Assets
Total assets20/58€344,551€311,378€276,347€219,450€160,719▼ 26.8%
Fixed assets21/28€275,897€244,695€213,493€182,762€152,031▼ 16.8%
Intangible fixed assets21€2,500€2,000€1,500€1,000€500▼ 50.0%
Tangible fixed assets22/27€273,397€242,695€211,993€181,762€151,531▼ 16.6%
Land and buildings22€272,456€242,225€211,993€181,762€151,531▼ 16.6%
Plant, machinery and equipment23€942€471€0---
Current assets29/58€68,653€66,683€62,853€36,688€8,689▼ 76.3%
Amounts receivable within one year40/41€12,100€7,260€7,260€694€1,039▲ 49.8%
Trade receivables40€12,100€7,260€7,260€0--
Other amounts receivable41---€694€1,039▲ 49.8%
Cash at bank and in hand54/58€56,553€59,016€55,154€35,994€6,149▼ 82.9%
Deferred charges and accrued income490/1€0€407€440€0€1,500-
Equity and liabilities
Total equity and liabilities10/49€344,551€311,378€276,347€219,450€160,719▼ 26.8%
Equity10/15€117,688€107,122€88,698€53,755€17,837▼ 66.8%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€105,288€94,722€76,298€41,355€5,437▼ 86.9%
Non-distributable reserves130/1€1,860€1,860€0---
Reserves not available under the articles1311€1,860€1,860€0---
Distributable reserves133€103,428€92,862€76,298€41,355€5,437▼ 86.9%
Amounts payable17/49€226,863€204,256€187,648€165,695€142,882▼ 13.8%
Amounts payable after more than one year17€199,962€178,560€156,806€134,676€112,174▼ 16.7%
Financial debts170/4€199,962€178,560€156,806€134,676€112,174▼ 16.7%
Amounts payable within one year42/48€26,901€25,696€30,842€31,018€30,709▼ 1.0%
Current portion of amounts payable after more than one year42€21,047€21,402€21,755€22,129€22,503▲ 1.7%
Trade debts44€1,401€456€117€683€0▼ 100%
Suppliers440/4€1,401€456€117€683€0▼ 100%
Taxes, remuneration and social security45€2,141€1,103€890€0--
Taxes450/3€2,141€1,103€890€0--
Other amounts payable47/48€2,312€2,736€8,081€8,206€8,206=
Line20212022202320242025Change
Profit (loss) for the period9904-€1,363-€10,565-€18,424-€34,943-€35,918▼ 2.8%
+ Depreciation and write-downs630€31,202€31,202€31,202€30,731€30,731=
Operating cash flow (approximation)€29,839€20,637€12,778-€4,212-€5,187▼ 23.2%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€2,463-€3,863-€19,160-€29,845▼ 55.8%

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
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial Weakest financial yearnet -€35,918
Net result drops to -€35,918, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial Highest result since 2018net €52,567 ▲398%
Operating result €82,542, net result €52,567, both a record.
31-12
Financial Liquidity times 9current ratio 1.24
Current ratio from 0.13 to 1.24.
31-12
Financial Equity above €100,000Eq €120,971 ▲76.8%
2 profitable years in a row build equity to €120,971.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 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
9 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, Wezembeek-Oppem
exact location from the address register On OpenStreetMap
Ground area
1,300 m²
Building footprint
101 m²
Volume, LiDAR
501 m³
Parcel 22302C0109/00T002, Flanders · tallest building 15.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22302C0109/00T002 Flanders 1,300 m² 1 · 101 m² 15.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 2,772 companies in sector 69109 we hold annual accounts for 1,209. 758 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
Founded26-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0828052277
Also 9925:BE0828052277
Registered 16-09-2025

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

Register as of 28 September 2026 · Peppol Directory

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