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WESYTE

Inactive
KBO/BCE: BE 0712.505.085

WESYTE was declared bankrupt on 15-01-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 28-06-2024, published in the Belgian State Gazette on 16-07-2024.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 15-06-2021, 46 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
46 d early
2019
95 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2020, micro schema

Equity
€26k▲ 38.7%
2019 · €19k
2019: €19k
2019 → 2020
Total assets
€164k▲ 552%
2019 · €25k
2019: €25k
2019 → 2020
Net result
€7k▲ 78.8%
2019 · €4k
2019: €4k
2019 → 2020
Working capital
€24k▲ 31.2%
2019 · €19k
2019: €19k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020Trend
Equity€19k-€26k▲ 38.7%
Operating result€4k-€10k▲ 147%
Net result€4k-€7k▲ 78.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€3k€5k€8k€10kOperating result 2019: €4k€4kNet result 2019: €4k€4kOperating result 2020: €10k€10kNet result 2020: €7k€7k20192020€0€2.5k€5k€7.5k€10kOperating result 2019: €4k€4kNet result 2019: €4k€4kOperating result 2020: €10k€10kNet result 2020: €7k€7.2k20192020
The operating result rises in 2020; 2020 is 147% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €164k
Fixed assets €1k
Current assets €162k
Equity and liabilities €164k
Equity €26k ▲ 38.7%
Debt €138k ▲ 2,023%
Debt's share of the balance-sheet total rises from 25.8% to 84.2%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€11k
Cash flow
€8k
Current ratio
1.18
2019 · 3.87
ROE
27.9%
2019 · 21.7%
ROA
4.4%
2019 · 16.1%
Debt ≤ 1 year
€138k
2019 · €6k
Income taxes
€3k
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 · 2020 against 2019 · 22 lines
Balance sheet Code20192020
Assets
Total assets20/58€25k€164k
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Current assets29/58€25k€162k
Amounts receivable within one year40/41€23k€162k
Cash at bank and in hand54/58€2k€71
Equity and liabilities
Total equity and liabilities10/49€25k€164k
Equity10/15€19k€26k
Contributions10/11€19k-
Reserves13€2€2=
Profit (loss) carried forward14€38€7k
Amounts payable17/49€6k€138k
Amounts payable within one year42/48€6k€138k
Trade debts44€2k€135k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€700
Gross operating margin9900€4k€11k
Operating profit (loss)9901€4k€10k
Recurring financial charges65€1€72
Profit (loss) for the period before taxes9903€4k€10k
Income taxes67/77-€3k
Profit (loss) for the period9904€4k€7k
Profit (loss) for the period to be appropriated9905€4k€7k

Download as CSV

Timeline · acts, filings and financial milestones

2024
16-07
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · WESYTE SRL RUE DES ANCIENS ETANGS 40, 1190 FOREST. déclarée le 15 janvier 2024 · event 28-06-2024
24-01
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · WESYTE SRL RUE DES ANCIENS ETANGS 40, 1190 FOREST · event 15-01-2024
2021
15-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
03-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
SignalNBB filing

Directors · office · real estate

Directors
5 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
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator SOPHIE HUART
CHAUSSEE DE WATERLOO 880, 1000 BRUXELLES
15-01-202428-06-2024