WET.BE

Active

Private limited companyfounded 201511 yrs activeGrote Zavel 15-16, 1000 Brussel, BelgiumKBO/BCE: BE 0627.848.435

The computed 12-month bankruptcy probability of WET.BE is 5.6% (elevated). The 2024 annual accounts show negative equity (€-142k) and a net result of €-188k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 18939 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

15 / 100

Critical

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency0▼-37

Growth32=

Track record100

Bankruptcy probability, 12 months

5.6% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.36 against 0.5 in 2023; short-term debt: 146.2% and cash: 21.9% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

-46.2%

Return on assets

-61.5%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-142k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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

not confirmed

2024

29 d late

2023

61 d late

2022

46 d late

2021

30 d late

2020

60 d late

2019

26 d late

← before the deadline after the deadline →

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 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-188k▼ 92.6%

2023 · €-98k

2018: €106k 2019: €62k 2020: €-74k 2021: €85k 2022: €-42k 2023: €-98k

2018 → 2024

Working capital

€-288k▼ 74.6%

2023 · €-165k

2018: €-177k 2019: €-121k 2020: €-163k 2021: €-56k 2022: €-123k 2023: €-165k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€101k-€187k▲ 84.4%€145k▼ 22.5%€47k▼ 67.6%€-142k

Operating result€-69k-€91k€-26k€-78k▼ 195%€-167k▼ 116%

Net result€-74k-€85k€-42k€-98k▼ 133%€-188k▼ 92.6%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €167k in 2024 against €78k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €306k

47.8%

52.2%

Fixed assets €146k▼ 31.2%

Current assets €160k▼ 4.3%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-90k▼

2023 · €-684

Cash flow

€-111k▼

2023 · €-21k

Solvency

-46.2%▼

2023 · 12.3%

Current ratio

0.36▼

2023 · 0.50

Quick ratio

0.22▼

2023 · 0.29

Debt / equity

-3.16▼

2023 · 7.10

ROA

-61.5%▼

2023 · -25.8%

Interest coverage

-5.02▼

2023 · -0.04

Debt

€448k▲

2023 · €333k

Debt ≤ 1 year

€448k▲

2023 · €332k

Income taxes

€3k▲

2023 · €962

Staff costs

€647k▼

2023 · €654k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€379k€306k▼

Fixed assets21/28€213k€146k▼

Intangible fixed assets21€19k€4k▼

Tangible fixed assets22/27€194k€142k▼

Plant, machinery and equipment23€150k€112k▼

Furniture and vehicles24€44k€30k▼

Current assets29/58€167k€160k▼

Stocks and contracts in progress3€70k€62k▼

Stocks30/36€70k€62k▼

Amounts receivable within one year40/41€18k€25k▲

Trade receivables40€12k€19k▲

Other amounts receivable41€6k€6k=

Cash at bank and in hand54/58€75k€67k▼

Deferred charges and accrued income490/1€4k€6k▲

Equity and liabilities

Total equity and liabilities10/49€379k€306k▼

Equity10/15€47k€-142k▼

Contributions10/11€30k€30k=

Reserves13€3k€3k=

Non-distributable reserves130/1€3k€3k=

Reserves not available under the articles1311€3k€3k=

Profit (loss) carried forward14€14k€-175k▼

Amounts payable17/49€333k€448k▲

Amounts payable after more than one year17€878-

Financial debts170/4€878-

Amounts payable within one year42/48€332k€448k▲

Current portion of amounts payable after more than one year42€10k€878▼

Trade debts44€43k€47k▲

Suppliers440/4€43k€47k▲

Advances received on contracts in progress46-€7k

Taxes, remuneration and social security45€116k€72k▼

Taxes450/3€45k€42k▼

Remuneration and social security454/9€71k€30k▼

Other amounts payable47/48€162k€320k▲

Income statement Code20232024

Remuneration, social security and pensions62€654k€647k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€77k▲

Other operating charges640/8€10k€15k▲

Gross operating margin9900€663k€572k▼

Operating profit (loss)9901€-78k€-167k▼

Financial income75/76B€208€0▼

Recurring financial income75€208€0▼

Financial charges65/66B€20k€18k▼

Recurring financial charges65€20k€18k▼

Profit (loss) for the period before taxes9903€-97k€-185k▼

Income taxes67/77€962€3k▲

Profit (loss) for the period9904€-98k€-188k▼

Profit (loss) for the period to be appropriated9905€-98k€-188k▼

Appropriation of the result

Profit (loss) to be appropriated9906€14k€-175k▼

Profit (loss) brought forward from the previous period14P€112k€14k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Weakest financial yearnet €-188k

Net result drops to €-188k, the lowest in the series.

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

15-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 46 days late

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Back to profitnet €85k

Net result €85k after one loss-making year.

31-12

Financial Equity above €150kEq €187k ▲84.4%

Equity rises from €101k to €187k.

29-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 60 days late

2020

26-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 26 days late

2019

31-12

Financial Equity above €150kEq €175k ▲55.3%

2 profitable years in a row build equity to €175k.

29-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 29 days late

2018

27-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 29 days late

2016

17-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 17 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Brussel · 1 establishment unit since 2015

establishment The establishment unit on the map

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.

Grote Zavel 15-161000 Brussel

Ground area

59 m²

Building footprint

59 m²

Volume, LiDAR

726 m³

Parcel 21808H1658/00_000, Brussels · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

POP-UP SABLON

Grote Zavel 15-16, 1000 BrusselFood and beverage service activities

since 20152.240.814.618

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21808H1658/00_000 ProtectedMonumentDen Gulden BaertSource ↗	Brussels	59 m²	1 · 59 m²	15.9 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Recognitions · licences · registrations

Food safety, FASFC

1 site

Brussel2.240.814.618

2 permissions

Toelating · Ambulante eetgelegenheid · since 16-04-2015

Toelating · Eetgelegenheid · since 16-04-2015

Similar companies · same sector, comparable size

Middelkerke · Eq €47k

Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 4,077 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-04-2015

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.