Wetzels-Tech
ActiveSummary
Wetzels-Tech has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,148 and a net result of €3,364. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency83▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.16 against 3.89 in 2024; short-term debt: 42.1% and cash: 33.5% of total assets), and 42.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.9%
Return on assets
3.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
9 d early
2023
30 d early
2022
33 d early
2021
5 d early
2020
9 d early
2019
2 d early
← 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 13 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 22 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€56,148▼ 16.4%
2024 · €67,126
Total assets
€96,939▲ 13.5%
2024 · €85,431
Net result
€3,364▼ 24.9%
2024 · €4,482
Working capital
€47,227▼ 10.8%
2024 · €52,933
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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€13,546▲ 111%-€449-€6,777▼ 1,411%€6,182€6,353▲ 2.8%
Net result€10,505within the sector's middle half▲ 174%-€2,003within the sector's middle half-€7,846below the sector's middle half▼ 292%€4,482within the sector's middle half€3,364within the sector's middle half▼ 24.9%
Equity€80,275within the sector's middle half▲ 5.3%€78,271within the sector's middle half▼ 2.5%€70,426within the sector's middle half▼ 10.0%€67,126within the sector's middle half▼ 4.7%€56,148within the sector's middle half▼ 16.4%
Total assets€102,107within the sector's middle half▲ 8.1%€97,779within the sector's middle half▼ 4.2%€83,140within the sector's middle half▼ 15.0%€85,431within the sector's middle half▲ 2.8%€96,939within the sector's middle half▲ 13.5%
Debt€21,832▲ 19.8%€19,508▼ 10.6%€12,715▼ 34.8%€18,305▲ 44.0%€40,791▲ 123%
Working capital€51,337within the sector's middle half▼ 21.1%€58,812within the sector's middle half▲ 14.6%€60,320within the sector's middle half▲ 2.6%€52,933within the sector's middle half▼ 12.2%€47,227within the sector's middle half▼ 10.8%
Solvency78.6%above the sector's middle half▼ 2.1pp80.0%above the sector's middle half▲ 1.4pp84.7%above the sector's middle half▲ 4.7pp78.6%above the sector's middle half▼ 6.1pp57.9%within the sector's middle half▼ 20.7pp
Current ratio3.35above the sector's middle half▼ 1.224.01above the sector's middle half▲ 0.665.74above the sector's middle half▲ 1.733.89above the sector's middle half▼ 1.852.16within the sector's middle half▼ 1.73
Return on assets (ROA)10.3%within the sector's middle half▲ 6.2pp-2.0%within the sector's middle half▼ 12.3pp-9.4%below the sector's middle half▼ 7.4pp5.2%within the sector's middle half▲ 14.7pp3.5%within the sector's middle half▼ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96,939
Fixed assets
€8,921 ▼ 37.1%
Current assets
€88,018 ▲ 23.6%
Equity and liabilities €96,939
Equity
€56,148 ▼ 16.4%
Debt
€40,791 ▲ 123%
Debt's share of the balance-sheet total rises from 21.4% to 42.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11,626▼
2024 · €12,374
Cash flow
€8,637▼
2024 · €10,674
Quick ratio
1.42▼
2024 · 2.23
Debt to equity
0.73▲
2024 · 0.27
ROE
6.0%▼
2024 · 6.7%
Interest coverage
9.05▼
2024 · 10.53
Debt ≤ 1 year
€40,791▲
2024 · €18,305
Income taxes
€1,719▲
2024 · €558
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 10,905 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,696 | €9,479 | €9,354 | €6,192 | €5,273 | ▼ 14.8% |
| Other operating charges640/8 | €301 | €282 | €398 | €304 | €183 | ▼ 40.0% |
| Gross operating margin9900 | €19,542 | €9,312 | €2,975 | €12,678 | €11,809 | ▼ 6.9% |
| Operating profit (loss)9901 | €13,546 | -€449 | -€6,777 | €6,182 | €6,353 | ▲ 2.8% |
| Financial income75/76B | €837 | - | €469 | €34 | €15 | ▼ 56.8% |
| Recurring financial income75 | €837 | - | €469 | €34 | €15 | ▼ 56.8% |
| Financial charges65/66B | €1,448 | €1,372 | €1,526 | €1,175 | €1,285 | ▲ 9.3% |
| Recurring financial charges65 | €1,448 | €1,372 | €1,526 | €1,175 | €1,285 | ▲ 9.3% |
| Profit (loss) for the period before taxes9903 | €12,935 | -€1,821 | -€7,834 | €5,041 | €5,083 | ▲ 0.8% |
| Income taxes67/77 | €2,430 | €182 | €12 | €558 | €1,719 | ▲ 208% |
| Profit (loss) for the period9904 | €10,505 | -€2,003 | -€7,846 | €4,482 | €3,364 | ▼ 24.9% |
| Profit (loss) for the period to be appropriated9905 | €10,505 | -€2,003 | -€7,846 | €4,482 | €3,364 | ▼ 24.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,107 | €97,779 | €83,140 | €85,431 | €96,939 | ▲ 13.5% |
| Fixed assets21/28 | €28,938 | €19,459 | €10,105 | €14,193 | €8,921 | ▼ 37.1% |
| Tangible fixed assets22/27 | €28,938 | €19,459 | €10,105 | €14,193 | €8,921 | ▼ 37.1% |
| Furniture and vehicles24 | €28,938 | €19,459 | €10,105 | €4,245 | - | - |
| Other tangible fixed assets26 | - | - | - | €9,949 | €8,921 | ▼ 10.3% |
| Current assets29/58 | €73,169 | €78,320 | €73,035 | €71,238 | €88,018 | ▲ 23.6% |
| Stocks and contracts in progress3 | €18,040 | €23,020 | €29,515 | €30,473 | €29,977 | ▼ 1.6% |
| Stocks30/36 | €18,040 | €23,020 | €29,515 | €30,473 | €29,977 | ▼ 1.6% |
| Amounts receivable within one year40/41 | €18,352 | €12,875 | €16,067 | €15,393 | €22,023 | ▲ 43.1% |
| Trade receivables40 | €13,804 | €11,475 | €16,067 | €15,393 | €22,023 | ▲ 43.1% |
| Other amounts receivable41 | €4,548 | €1,400 | - | - | - | - |
| Current investments50/53 | €5,323 | €5,323 | €5,331 | €354 | €2,001 | ▲ 465% |
| Cash at bank and in hand54/58 | €30,237 | €35,797 | €20,730 | €23,607 | €32,520 | ▲ 37.8% |
| Deferred charges and accrued income490/1 | €1,217 | €1,305 | €1,392 | €1,410 | €1,497 | ▲ 6.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,107 | €97,779 | €83,140 | €85,431 | €96,939 | ▲ 13.5% |
| Equity10/15 | €80,275 | €78,271 | €70,426 | €67,126 | €56,148 | ▼ 16.4% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €23,985 | €23,985 | €23,985 | €20,685 | €9,707 | ▼ 53.1% |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | €22,125 | €23,985 | €23,985 | €20,685 | €9,707 | ▼ 53.1% |
| Profit (loss) carried forward14 | €43,890 | €41,886 | €34,041 | €34,041 | €34,041 | = |
| Amounts payable17/49 | €21,832 | €19,508 | €12,715 | €18,305 | €40,791 | ▲ 123% |
| Amounts payable within one year42/48 | €21,832 | €19,508 | €12,715 | €18,305 | €40,791 | ▲ 123% |
| Trade debts44 | €11,988 | €11,839 | €7,537 | €6,736 | €12,915 | ▲ 91.7% |
| Suppliers440/4 | €11,988 | €11,839 | €7,537 | €6,736 | €12,915 | ▲ 91.7% |
| Taxes, remuneration and social security45 | €3,716 | €4,965 | €3,655 | €3,710 | €5,520 | ▲ 48.8% |
| Taxes450/3 | €3,716 | €4,965 | €3,655 | €3,710 | €5,520 | ▲ 48.8% |
| Other amounts payable47/48 | €6,128 | €2,704 | €1,522 | €7,858 | €22,356 | ▲ 184% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,505 | -€2,003 | -€7,846 | €4,482 | €3,364 | ▼ 24.9% |
| + Depreciation and write-downs630 | €5,696 | €9,479 | €9,354 | €6,192 | €5,273 | ▼ 14.8% |
| Operating cash flow (approximation) | €16,200 | €7,476 | €1,508 | €10,674 | €8,637 | ▼ 19.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€10,280 | €0 | ▲ 100% |
| Change in cash | - | €5,560 | -€15,067 | €2,877 | €8,912 | ▲ 210% |
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
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4,482
Net result €4,482 after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€7,846
Net result drops to -€7,846, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €10,505 ▲174%
Operating result €13,546, net result €10,505, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Eupen · 1 establishment unit since 2008
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.
Selterschlag 434700 Eupen1 establishment unit
WTech
since 20082.171.696.475
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Of 3,224 companies in sector 47400 we hold annual accounts for 1,808. 1,447 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
Founded20-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
43211General electrical installation work
46432Wholesale trade
46499Wholesale of other household goods
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0898760626
Also
9925:BE0898760626
Registered
08-07-2025
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.