WES
WES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €81k. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 7583 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €180k |
| Net result | €81k |
| Better than sector | 24% |
| Active | 34 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.5% | 50.9% | |
| Net result | €81k | €17k | |
| Equity | €180k | €58k | |
| Gross operating margin | €290k | €40k | |
| Total assets | €1.03M | €140k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €267k | €102k | €105k | €92k | €229k |
| Net profit | €81k | €-58k | €-25k | €-60k | €79k |
| Cash flow | €218k | €81k | €114k | €80k | €217k |
| Staff costs | - | - | - | - | - |
| Income taxes | €2k | €209 | €201 | €185 | €167 |
| Dividends | - | - | - | - | - |
| Total assets | €1.03M | €1.21M | €1.35M | €1.49M | €1.70M |
| Equity | €180k | €102k | €161k | €186k | €278k |
| Debt | €803k | €1.09M | €1.17M | €1.25M | €1.40M |
| of which ≤ 1y | €413k | €611k | €595k | €586k | €662k |
| of which > 1y | €386k | €476k | €568k | €661k | €728k |
| Working capital | €-407k | €-605k | €-588k | €-575k | €-556k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.16 |
| Quick ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.16 |
| Working capital ratio | -39.7% | -50.1% | -43.6% | -38.5% | -32.8% |
| Solvency | 17.5% | 8.5% | 11.9% | 12.5% | 16.4% |
| Debt / equity | 4.46 | 10.66 | 7.27 | 6.73 | 5.03 |
| Long-term debt ratio | 2.15 | 4.65 | 3.53 | 3.55 | 2.62 |
| Interest coverage | 15.72 | 4.22 | 4.06 | 5.97 | 14.17 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 7.9% | -4.8% | -1.9% | -4.0% | 4.6% |
| ROE | 44.9% | -57.1% | -15.8% | -32.1% | 28.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.03M | €1.21M | €1.35M | €1.49M | €1.70M |
| Fixed assets | 21/28 | €1.02M | €1.20M | €1.34M | €1.48M | €1.59M |
| Tangible fixed assets | 22/27 | €1.02M | €1.20M | €1.34M | €1.48M | €1.59M |
| Current assets | 29/58 | €6k | €6k | €7k | €11k | €106k |
| Amounts receivable within one year | 40/41 | €327 | €49 | €0 | €2k | - |
| Cash & bank | 54/58 | €185 | €1k | €1k | €4k | €100k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.03M | €1.21M | €1.35M | €1.49M | €1.70M |
| Equity | 10/15 | €180k | €102k | €161k | €186k | €278k |
| Contributions / capital | 10/11 | €119k | €119k | €119k | €119k | €119k |
| Reserves | 13 | €134k | €44k | €55k | €161k | €205k |
| Accumulated profits (losses) | 14 | €-122k | €-113k | €-65k | €-145k | €-98k |
| Provisions & deferred taxes | 16 | €44k | €14k | €18k | €53k | €25k |
| Amounts payable | 17/49 | €803k | €1.09M | €1.17M | €1.25M | €1.40M |
| Amounts payable after one year | 17 | €386k | €476k | €568k | €661k | €728k |
| Amounts payable within one year | 42/48 | €413k | €611k | €595k | €586k | €662k |
| Trade debts payable within one year | 44 | €11k | €7k | €7k | €8k | €5k |
| Income statement | ||||||
| Gross operating margin | 9900 | €290k | €125k | €127k | €113k | €250k |
| Operating result | 9901 | €130k | €-38k | €-34k | €-48k | €91k |
| Financial income | 75 | €0 | €0 | €1 | €0 | €0 |
| Financial charges | 65 | €17k | €24k | €26k | €15k | €16k |
| Result before taxes | 9903 | €113k | €-62k | €-60k | €-64k | €75k |
| Income taxes | 67/77 | €2k | €209 | €201 | €185 | €167 |
| Net result for the period | 9904 | €81k | €-58k | €-25k | €-60k | €79k |
| Result to be appropriated | 9905 | €-9k | €-47k | €80k | €-48k | €-36k |
| NACE primary | Office administrative and support services(82100) |
| Legal form | Private limited company(610) |
| Incorporation | 30-04-1992 |
| Status | Active |
| Postal code | 8552 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34028C0564/00D000 | Flanders | 1,599 m² | 1 · 188 m² | 8.6 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-03-2025 CREPEL Thierry Gommar René Lucien appointed as director
- CREPEL Thierry Gommar René Lucien, Bestuurder
Technical details
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
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"name": "D\u0026P Gent",
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"country": "BE",
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"notary": {
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},
"act_meta": {
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"pub_date": "2025-03-07",
"filing_date": "2025-03-05",
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"date": "2025-02-25",
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{
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{
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"is_correction": false,
"subject_company": {
"kbo": "0447.261.456",
"name_full": "WES",
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"publication_proxy": {
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"co_filed_documents": [
"bijzonder verslag bestuurder",
"uitgifte van akte",
"geco\u00F6rdineerde statuten"
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}| Legal nameNL | WES |