WesCon
ActiveSummary
WesCon has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €390k and a net result of €45k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-12
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 0.61 in 2023; short-term debt: 9.2% and cash: 8.2% of total assets), and 17.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
25 d late
2023
57 d late
2022
30 d late
2021
2 d early
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€390k▲ 13.2%
2023 · €344k
2018: €123klowest in 7 years
2019: €123k▲ +0.3% vs 2018
2020: €155k▲ +26.3% vs 2019
2021: €198k▲ +27.4% vs 2020
2022: €247k▲ +25.1% vs 2021
2023: €344k▲ +39.1% vs 2022
2024: €390k▲ +13.2% vs 2023highest in 7 years
2018 → 2024
Total assets
€474k▼ 4.5%
2023 · €497k
2018: €486k
2019: €523k▲ +7.5% vs 2018highest in 7 years
2020: €517k▼ -1.1% vs 2019
2021: €474k▼ -8.3% vs 2020
2022: €456k▼ -3.8% vs 2021lowest in 7 years
2023: €497k▲ +8.8% vs 2022
2024: €474k▼ -4.5% vs 2023
2018 → 2024
Net result
€45k▼ 53.1%
2023 · €97k
2018: €15k
2019: €330▼ -97.8% vs 2018lowest in 7 years
2020: €32k▲ +9694% vs 2019
2021: €43k▲ +31.7% vs 2020
2022: €50k▲ +16.8% vs 2021
2023: €97k▲ +94.4% vs 2022highest in 7 years
2024: €45k▼ -53.1% vs 2023
2018 → 2024
Working capital
€12k
2023 · €-31k
2018: €-103klowest in 7 years
2019: €-62k▲ +40.3% vs 2018
2020: €-47k▲ +24.5% vs 2019
2021: €-35k▲ +24.4% vs 2020
2022: €-23k▲ +34.7% vs 2021
2023: €-31k▼ -36.2% vs 2022
2024: €12k▲ +137% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€155k-€198k▲ 27.4%€247k▲ 25.1%€344k▲ 39.1%€390k▲ 13.2%
2020: €155klowest in 5 years
2021: €198k▲ +27.4% vs 2020
2022: €247k▲ +25.1% vs 2021
2023: €344k▲ +39.1% vs 2022
2024: €390k▲ +13.2% vs 2023highest in 5 years
Operating result€56k-€66k▲ 17.6%€74k▲ 12.0%€142k▲ 93.6%€65k▼ 54.6%
2020: €56klowest in 5 years
2021: €66k▲ +17.6% vs 2020
2022: €74k▲ +12.0% vs 2021
2023: €142k▲ +93.6% vs 2022highest in 5 years
2024: €65k▼ -54.6% vs 2023
Net result€32k-€43k▲ 31.7%€50k▲ 16.8%€97k▲ 94.4%€45k▼ 53.1%
2020: €32klowest in 5 years
2021: €43k▲ +31.7% vs 2020
2022: €50k▲ +16.8% vs 2021
2023: €97k▲ +94.4% vs 2022highest in 5 years
2024: €45k▼ -53.1% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 55% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €474k
Fixed assets
€419k ▼ 6.4%
Current assets
€55k ▲ 12.0%
Equity and liabilities €474k
Equity
€390k ▲ 13.2%
Debt
€85k ▼ 44.5%
Debt's share of the balance-sheet total falls from 30.7% to 17.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€93k▼
2023 · €163k
Cash flow
€74k▼
2023 · €117k
Current ratio
1.27▲
2023 · 0.61
Debt to equity
0.22▼
2023 · 0.44
ROE
11.6%▼
2023 · 28.1%
ROA
9.6%▼
2023 · 19.5%
Interest coverage
63.54▲
2023 · 59.91
Debt ≤ 1 year
€43k▼
2023 · €81k
Debt > 1 year
€39k▼
2023 · €70k
Income taxes
€18k▼
2023 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€497k€474k▼
Fixed assets21/28€447k€419k▼
Tangible fixed assets22/27€447k€419k▼
Land and buildings22€369k€358k▼
Furniture and vehicles24€79k€61k▼
Current assets29/58€49k€55k▲
Amounts receivable within one year40/41€18k€15k▼
Trade receivables40€18k€9k▼
Other amounts receivable41€22€7k▲
Cash at bank and in hand54/58€28k€39k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€497k€474k▼
Equity10/15€344k€390k▲
Contributions10/11€19k€19k=
Reserves13€237k€282k▲
Distributable reserves133€237k€282k▲
Profit (loss) carried forward14€89k€89k=
Amounts payable17/49€152k€85k▼
Amounts payable after more than one year17€70k€39k▼
Financial debts170/4€63k€37k▼
Other amounts payable178/9€7k€2k▼
Amounts payable within one year42/48€81k€43k▼
Current portion of amounts payable after more than one year42€28k€28k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€42k€13k▼
Taxes450/3€38k€13k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€8k€702▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Non-recurring operating income76A€36k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€28k▲
Other operating charges640/8€12k€3k▼
Gross operating margin9900€175k€96k▼
Operating profit (loss)9901€142k€65k▼
Financial income75/76B€47€1▼
Recurring financial income75€47€1▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€140k€63k▼
Income taxes67/77€43k€18k▼
Profit (loss) for the period9904€97k€45k▼
Profit (loss) for the period to be appropriated9905€97k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€185k€134k▼
Profit (loss) brought forward from the previous period14P€89k€89k=
Transfer to equity691/2€97k€45k▼
To other reserves6921€97k€45k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €36k | €5k | ▼ 86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33k | €29k | €29k | €21k | €28k | ▲ 37.6% |
| Other operating charges640/8 | - | €2k | €2k | €12k | €3k | ▼ 74.0% |
| Gross operating margin9900 | €91k | €97k | €105k | €175k | €96k | ▼ 45.0% |
| Operating profit (loss)9901 | €56k | €66k | €74k | €142k | €65k | ▼ 54.6% |
| Financial income75/76B | - | - | €2 | €47 | €1 | ▼ 97.9% |
| Recurring financial income75 | - | - | €2 | €47 | €1 | ▼ 97.9% |
| Financial charges65/66B | - | €6k | €4k | €3k | €1k | ▼ 46.2% |
| Recurring financial charges65 | €7k | €6k | €4k | €3k | €1k | ▼ 46.2% |
| Profit (loss) for the period before taxes9903 | €49k | €60k | €70k | €140k | €63k | ▼ 54.7% |
| Income taxes67/77 | €17k | €17k | €20k | €43k | €18k | ▼ 58.4% |
| Profit (loss) for the period9904 | €32k | €43k | €50k | €97k | €45k | ▼ 53.1% |
| Profit (loss) for the period to be appropriated9905 | €32k | €43k | €50k | €97k | €45k | ▼ 53.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €517k | €474k | €456k | €497k | €474k | ▼ 4.5% |
| Fixed assets21/28 | €455k | €427k | €398k | €447k | €419k | ▼ 6.4% |
| Tangible fixed assets22/27 | €455k | €427k | €398k | €447k | €419k | ▼ 6.4% |
| Land and buildings22 | - | €390k | €379k | €369k | €358k | ▼ 2.8% |
| Plant, machinery and equipment23 | - | €295 | - | - | - | - |
| Furniture and vehicles24 | - | €37k | €19k | €79k | €61k | ▼ 22.9% |
| Current assets29/58 | €62k | €47k | €58k | €49k | €55k | ▲ 12.0% |
| Amounts receivable within one year40/41 | €38k | €20k | €26k | €18k | €15k | ▼ 16.6% |
| Trade receivables40 | - | €19k | €25k | €18k | €9k | ▼ 52.9% |
| Other amounts receivable41 | - | €1k | €659 | €22 | €7k | ▲ 30,155% |
| Current investments50/53 | €2k | €2k | €2k | - | - | - |
| Cash at bank and in hand54/58 | €21k | €23k | €27k | €28k | €39k | ▲ 37.9% |
| Deferred charges and accrued income490/1 | - | €2k | €4k | €3k | €1k | ▼ 62.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €517k | €474k | €456k | €497k | €474k | ▼ 4.5% |
| Equity10/15 | €155k | €198k | €247k | €344k | €390k | ▲ 13.2% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €48k | €91k | €140k | €237k | €282k | ▲ 19.1% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €89k | €140k | €237k | €282k | ▲ 19.1% |
| Profit (loss) carried forward14 | €89k | €89k | €89k | €89k | €89k | = |
| Amounts payable17/49 | €362k | €276k | €209k | €152k | €85k | ▼ 44.5% |
| Amounts payable after more than one year17 | €250k | €192k | €126k | €70k | €39k | ▼ 43.3% |
| Financial debts170/4 | - | €142k | €103k | €63k | €37k | ▼ 40.7% |
| Other amounts payable178/9 | - | €51k | €23k | €7k | €2k | ▼ 68.2% |
| Amounts payable within one year42/48 | €109k | €83k | €81k | €81k | €43k | ▼ 46.1% |
| Current portion of amounts payable after more than one year42 | - | €41k | €41k | €28k | €28k | ▲ 1.3% |
| Trade debts44 | €7k | €9k | €587 | €3k | €2k | ▼ 47.4% |
| Suppliers440/4 | - | €9k | €587 | €3k | €2k | ▼ 47.4% |
| Taxes, remuneration and social security45 | - | €23k | €30k | €42k | €13k | ▼ 68.8% |
| Taxes450/3 | - | €17k | €30k | €38k | €13k | ▼ 66.1% |
| Remuneration and social security454/9 | - | €6k | - | €3k | - | - |
| Other amounts payable47/48 | - | €10k | €10k | €8k | €702 | ▼ 91.2% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €2k | €2k | ▼ 25.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €43k | €50k | €97k | €45k | ▼ 53.1% |
| + Depreciation and write-downs630 | €33k | €29k | €29k | €21k | €28k | ▲ 37.6% |
| Operating cash flow (approximation) | €66k | €72k | €79k | €117k | €74k | ▼ 37.1% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-70k | €0 | ▲ 100% |
| Change in cash | - | €2k | €4k | €1k | €11k | ▲ 735% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 1.27
Current ratio from 0.61 to 1.27; short-term debt falls from €81k to €43k.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Highest result since 2018net €97k ▲94.4%
Operating result €142k, net result €97k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €200kEq €247k ▲25.1%
5 profitable years in a row build equity to €247k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €155k ▲26.3%
3 profitable years in a row build equity to €155k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €330 ▼97.8%
Net result drops to €330, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Kapellen · 1 establishment unit since 2012
Ground area
331 m²
Building footprint
84 m²
Parcel 11362M0498/00Y000, Flanders. Linked by address, not a title deed.
1 establishment unit
WesCon
since 20122.211.404.713
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0498/00Y000 | Flanders | 331 m² | 1 · 84 m² | - |
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.
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TOP ON WEB
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Security People
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 5,846 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
Founded27-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.