Skip to content

WETZLARBAD

Active
Public limited companyfounded 20188 yrs activeHütte 56, 4700 Eupen, BelgiumKBO/BCE: BE 0695.648.960
Summary

WETZLARBAD has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€155,374) and a net result of -€54,771. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 436 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-4
Solvency23▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.48 in 2024; short-term debt: 12.8% and cash: 0.6% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · 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 2025
Solvency, return and age of the figures
Solvency
-1.6%
Return on assets
-0.6%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€155,374
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 8 filings
Deviation from the deadline
2025
40 d late
2024
13 d early
2023
28 d late
2022
on the day
2021
8 d late
2020
28 d late
2019
6 d late
← 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 14 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 8 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

WETZLARBAD was incorporated on 2 May 2018.1 Total assets rose from EUR 867,634 in 2018 to EUR 9.7 million in 2025 and headcount from 13.2 to 19.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€54,771
2024 · €265,162
Working capital
-€854,477▼ 25.9%
2024 · -€678,820
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, 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-€729,005▲ 53.7%-€100,519▲ 86.2%-€54,981▲ 45.3%€311,253-€49,822
Net result€363,692above the sector's middle half-€260,929below the sector's middle half-€63,663below the sector's middle half▲ 75.6%€265,162above the sector's middle half-€54,771below the sector's middle half
Equity-€41,173below the sector's middle half▲ 89.8%-€302,102below the sector's middle half▼ 634%-€365,765below the sector's middle half▼ 21.1%-€100,604below the sector's middle half▲ 72.5%-€155,374below the sector's middle half▼ 54.4%
Total assets€10.5mabove the sector's middle half▼ 0.5%€10.0mabove the sector's middle half▼ 4.6%€10.2mabove the sector's middle half▲ 1.9%€10.4mabove the sector's middle half▲ 2.0%€9.7mabove the sector's middle half▼ 6.4%
Debt€10.5m▼ 3.8%€10.3m▼ 2.1%€10.6m▲ 2.4%€10.5m▼ 0.6%€9.9m▼ 5.8%
Working capital€393,408within the sector's middle half€96,142within the sector's middle half▼ 75.6%€8,772within the sector's middle half▼ 90.9%-€678,820below the sector's middle half-€854,477below the sector's middle half▼ 25.9%
Solvency-0.4%below the sector's middle half▲ 3.5pp-3.0%below the sector's middle half▼ 2.6pp-3.6%below the sector's middle half▼ 0.6pp-1.0%below the sector's middle half▲ 2.6pp-1.6%below the sector's middle half▼ 0.6pp
Current ratio1.91within the sector's middle half▲ 1.371.38within the sector's middle half▼ 0.541.02within the sector's middle half▼ 0.360.48below the sector's middle half▼ 0.540.31below the sector's middle half▼ 0.16
Return on assets (ROA)3.5%within the sector's middle half▲ 6.0pp-2.6%within the sector's middle half▼ 6.1pp-0.6%within the sector's middle half▲ 2.0pp2.6%within the sector's middle half▲ 3.2pp-0.6%within the sector's middle half▼ 3.1pp
Staff (FTE)17.1within the sector's middle half▼ 7.1%13.2within the sector's middle half▼ 22.8%13.1within the sector's middle half▼ 0.8%11.6within the sector's middle half▼ 11.5%19.5within the sector's middle half▲ 68.1%
above within below the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€1.0m-€500,000€0€500,000Operating result 2021: -€729,005-€729,005Net result 2021: €363,692€363,692Operating result 2022: -€100,519-€100,519Net result 2022: -€260,929-€260,929Operating result 2023: -€54,981-€54,981Net result 2023: -€63,663-€63,663Operating result 2024: €311,253€311,253Net result 2024: €265,162€265,162Operating result 2025: -€49,822-€49,822Net result 2025: -€54,771-€54,77120212022202320242025-€100,000€0€100,000€200,000€300,000Operating result 2023: -€54,981-€55,000Net result 2023: -€63,663-€63,700Operating result 2024: €311,253€311,000Net result 2024: €265,162€265,000Operating result 2025: -€49,822-€49,800Net result 2025: -€54,771-€54,800202320242025
The operating result turns negative in 2025: a loss of €49,822 after €311,253 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.7m
Fixed assets €9.3m ▼ 4.5%
Current assets €388,168 ▼ 37.1%
Key figures and ratios
2025 value · change against 2024
EBITDA
€536,434▲
2024 · €312,728
Cash flow
€531,486▲
2024 · €266,637
Quick ratio
0.29▼
2024 · 0.47
Debt to equity
-63.60
Interest coverage
68.66▲
2024 · 37.02
Debt ≤ 1 year
€1.2m▼
2024 · €1.3m
Debt > 1 year
€8.6m▼
2024 · €9.2m
Staff costs
€939,019▲
2024 · €83,725
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,171 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a small loss
1.7% went bankrupt
2.6% stopped otherwise
95% still going

A further 1.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,171 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€10.4m€9.7m▼
Fixed assets21/28€9.8m€9.3m▼
Intangible fixed assets21-€7,920
Tangible fixed assets22/27€9.8m€9.3m▼
Land and buildings22€9.4m€8.9m▼
Plant, machinery and equipment23€367,528€424,178▲
Furniture and vehicles24€31,515€36,125▲
Assets under construction and advance payments27€4,000€4,000=
Current assets29/58€617,016€388,168▼
Stocks and contracts in progress3€2,800€24,367▲
Stocks30/36€2,800€24,367▲
Amounts receivable within one year40/41€165,214€66,445▼
Trade receivables40€20,548€63,892▲
Other amounts receivable41€144,667€2,553▼
Cash at bank and in hand54/58€32,394€56,683▲
Deferred charges and accrued income490/1€416,608€240,673▼
Equity and liabilities
Total equity and liabilities10/49€10.4m€9.7m▼
Equity10/15-€100,604-€155,374▼
Contributions10/11€100,000€100,000=
Capital10€100,000€100,000=
Issued capital100€100,000€100,000=
Profit (loss) carried forward14-€200,604-€255,374▼
Amounts payable17/49€10.5m€9.9m▼
Amounts payable after more than one year17€9.2m€8.6m▼
Financial debts170/4€325,000€300,000▼
Trade debts175€8.9m€8.3m▼
Amounts payable within one year42/48€1.3m€1.2m▼
Current portion of amounts payable after more than one year42€25,000€25,000=
Trade debts44€1.2m€996,393▼
Suppliers440/4€1.2m€996,393▼
Taxes, remuneration and social security45€54,473€202,315▲
Taxes450/3€38,849€52,201▲
Remuneration and social security454/9€15,624€150,114▲
Other amounts payable47/48€50,561€18,937▼
Accrued charges and deferred income492/3€6,406€26,995▲
Income statement Code20242025
Non-recurring operating income76A€458,927€173,452▼
Remuneration, social security and pensions62€83,725€939,019▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,475€586,256▲
Other operating charges640/8€1,581€24,469▲
Non-recurring operating charges66A€7.1m€199,137▼
Gross operating margin9900€7.5m€1.7m▼
Operating profit (loss)9901€311,253-€49,822▼
Financial income75/76B€0€2,865▲
Recurring financial income75€0€2,865▲
Financial charges65/66B€8,448€7,813▼
Recurring financial charges65€8,448€7,813▼
Profit (loss) for the period before taxes9903€302,805-€54,771▼
Income taxes67/77€37,643-
Profit (loss) for the period9904€265,162-€54,771▼
Profit (loss) for the period to be appropriated9905€265,162-€54,771▼
Appropriation of the result
Profit (loss) to be appropriated9906-€200,604-€255,374▼
Profit (loss) brought forward from the previous period14P-€465,765-€200,604▲
Social balance
Average headcount (FTE)908711.619.5▲

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€2,698€63,982€458,927€173,452▼ 62.2%
Remuneration, social security and pensions62€438,050€49,628€85,456€83,725€939,019▲ 1,022%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€349,221€2,335€1,751€1,475€586,256▲ 39,643%
Other operating charges640/8€51,919€23,738€1,208€1,581€24,469▲ 1,447%
Non-recurring operating charges66A€268,785€153,404€716,457€7.1m€199,137▼ 97.2%
Gross operating margin9900€378,970€128,586€749,890€7.5m€1.7m▼ 77.3%
Operating profit (loss)9901-€729,005-€100,519-€54,981€311,253-€49,822▼ 116%
Financial income75/76B€1.1m€91€305€0€2,865▲ 7,161,375%
Recurring financial income75€1.1m€91€305€0€2,865▲ 7,161,375%
Financial charges65/66B€11,825€160,500€8,987€8,448€7,813▼ 7.5%
Recurring financial charges65€11,825€160,500€8,987€8,448€7,813▼ 7.5%
Profit (loss) for the period before taxes9903€363,692-€260,929-€63,663€302,805-€54,771▼ 118%
Income taxes67/77---€37,643--
Profit (loss) for the period9904€363,692-€260,929-€63,663€265,162-€54,771▼ 121%
Profit (loss) for the period to be appropriated9905€363,692-€260,929-€63,663€265,162-€54,771▼ 121%
Line20212022202320242025Change
Assets
Total assets20/58€10.5m€10.0m€10.2m€10.4m€9.7m▼ 6.4%
Formation expenses20€5,561€3,226€1,475---
Fixed assets21/28€9.7m€9.6m€9.6m€9.8m€9.3m▼ 4.5%
Intangible fixed assets21----€7,920-
Tangible fixed assets22/27€9.7m€9.6m€9.6m€9.8m€9.3m▼ 4.5%
Land and buildings22€9.4m€9.4m€9.4m€9.4m€8.9m▼ 5.4%
Plant, machinery and equipment23€239,699€239,282€239,282€367,528€424,178▲ 15.4%
Furniture and vehicles24€40,978€31,515€31,515€31,515€36,125▲ 14.6%
Assets under construction and advance payments27€4,000€4,000€4,000€4,000€4,000=
Current assets29/58€824,839€352,051€539,030€617,016€388,168▼ 37.1%
Stocks and contracts in progress3---€2,800€24,367▲ 770%
Stocks30/36---€2,800€24,367▲ 770%
Amounts receivable within one year40/41€287,524€50,943€53,268€165,214€66,445▼ 59.8%
Trade receivables40€279,071€41,257€20,017€20,548€63,892▲ 211%
Other amounts receivable41€8,453€9,686€33,251€144,667€2,553▼ 98.2%
Cash at bank and in hand54/58€49,828€83,387€39,240€32,394€56,683▲ 75.0%
Deferred charges and accrued income490/1€487,486€217,721€446,522€416,608€240,673▼ 42.2%
Equity and liabilities
Total equity and liabilities10/49€10.5m€10.0m€10.2m€10.4m€9.7m▼ 6.4%
Equity10/15-€41,173-€302,102-€365,765-€100,604-€155,374▼ 54.4%
Contributions10/11€100,000€100,000€100,000€100,000€100,000=
Capital10€100,000€100,000€100,000€100,000€100,000=
Issued capital100€100,000€100,000€100,000€100,000€100,000=
Profit (loss) carried forward14-€141,173-€402,102-€465,765-€200,604-€255,374▼ 27.3%
Amounts payable17/49€10.5m€10.3m€10.6m€10.5m€9.9m▼ 5.8%
Amounts payable after more than one year17€10.1m€10.0m€10.0m€9.2m€8.6m▼ 6.3%
Financial debts170/4€400,000€375,000€350,000€325,000€300,000▼ 7.7%
Trade debts175€9.7m€9.7m€9.7m€8.9m€8.3m▼ 6.2%
Amounts payable within one year42/48€431,431€255,909€530,258€1.3m€1.2m▼ 4.1%
Current portion of amounts payable after more than one year42€25,000€25,000€25,000€25,000€25,000=
Trade debts44€285,004€97,020€436,557€1.2m€996,393▼ 14.5%
Suppliers440/4€285,004€97,020€436,557€1.2m€996,393▼ 14.5%
Taxes, remuneration and social security45€59,026€12,061€8,139€54,473€202,315▲ 271%
Taxes450/3€4,817€219€646€38,849€52,201▲ 34.4%
Remuneration and social security454/9€54,208€11,842€7,493€15,624€150,114▲ 861%
Other amounts payable47/48€62,401€121,828€60,561€50,561€18,937▼ 62.5%
Accrued charges and deferred income492/3€38,659€15,106€14,648€6,406€26,995▲ 321%
Line20212022202320242025Change
Profit (loss) for the period9904€363,692-€260,929-€63,663€265,162-€54,771▼ 121%
+ Depreciation and write-downs630€349,221€2,335€1,751€1,475€586,256▲ 39,643%
Operating cash flow (approximation)€712,912-€258,594-€61,912€266,637€531,486▲ 99.3%
Investment in fixed assets (approximation)-€7,546-€1,751-€129,722-€150,099▼ 15.7%
Change in cash-€33,559-€44,147-€6,846€24,289▲ 455%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 40 days late
2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €265,162
Net result €265,162 after 2 loss-making years.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
08-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
31-12
Financial Back to profitnet €363,692
Net result €363,692 after 3 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 1.91
Current ratio from 0.54 to 1.91; short-term debt falls from €755,847 to €431,431.
28-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 28 days late
2020
31-12
Financial Weakest financial yearnet -€267,997
Net result drops to -€267,997, the lowest in the series; recovery starts the following year.
06-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 6 days late
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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
Registered office, Eupen · 1 establishment unit since 2018
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.

Hütte 564700 Eupen
1 establishment unit
WETZLARBAD
Hütte 56, 4700 EupenRetail sale of cosmetics and toilet articles
since 20182.276.171.217

Structure & network

Owners and holdings

2 owners

Chain of control

  1. INNOPA 99.99%
  2. WETZLARBAD

Highest known parent: INNOPA. The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of WETZLARBAD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Eupen2.276.171.217
1 permission
Toelating · Eetgelegenheid · since 19-07-2018

Similar companies · same sector, comparable size

Of 3,294 companies in sector 93110 we hold annual accounts for 1,500. 384 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded02-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:0695648960
Also 9925:BE0695648960
Registered 15-09-2025

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.