WEX
ActiveSummary
WEX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €102,994. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-3
Solvency67▼-3
Growth68=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250,000 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 1.77 in 2024; short-term debt: 19.9% and cash: 6.4% of total assets), but 58.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
41.5%
Return on assets
1.1%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 30-12-2025, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
3 d late
2022
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close28-09-2026 today31-12-2026 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#1 company by total assets in Marche-en-Famenne, Administrative and support services sector#3 company by equity in the province of Luxembourg, Office administrative support sector
Turnover
€9.1m▲ 25.1%
2023 · €7.3m
EBIT margin
6.0%▼ 2.2pp
2023 · 8.3%
Net result
€102,994▼ 75.9%
2024 · €427,925
Working capital
€2.8m▲ 73.8%
2024 · €1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
Line2022202320242025
Turnover€7.3m€9.1m▲ 25.1%
Operating result€4.1m-€603,851▼ 85.3%€550,397▼ 8.9%€157,617▼ 71.4%
Net result€2.9mabove the sector's middle half-€451,620above the sector's middle half▼ 84.5%€427,925above the sector's middle half▼ 5.2%€102,994within the sector's middle half▼ 75.9%
EBIT margin8.3%6.0%▼ 2.2pp
Equity€3.0mabove the sector's middle half-€3.3mabove the sector's middle half▲ 11.2%€3.6mabove the sector's middle half▲ 9.3%€3.7mwithin the sector's middle half▲ 3.1%
Total assets€7.3mabove the sector's middle half-€6.4mabove the sector's middle half▼ 12.8%€8.1mabove the sector's middle half▲ 26.3%€9.0mwithin the sector's middle half▲ 11.2%
Debt€4.3m-€3.1m▼ 29.1%€4.5m▲ 44.5%€5.2m▲ 17.7%
Working capital€1.3mabove the sector's middle half-€1.5mabove the sector's middle half▲ 12.6%€1.6mabove the sector's middle half▲ 10.4%€2.8mabove the sector's middle half▲ 73.8%
Solvency40.6%within the sector's middle half-51.7%within the sector's middle half▲ 11.1pp44.8%within the sector's middle half▼ 7.0pp41.5%within the sector's middle half▼ 3.2pp
Current ratio1.35within the sector's middle half-1.60within the sector's middle half▲ 0.251.77within the sector's middle half▲ 0.172.58within the sector's middle half▲ 0.82
Return on assets (ROA)39.9%above the sector's middle half-7.1%within the sector's middle half▼ 32.8pp5.3%within the sector's middle half▼ 1.8pp1.1%within the sector's middle half▼ 4.2pp
Staff (FTE)13.9within the sector's middle half-15.3within the sector's middle half▲ 10.1%16.9within the sector's middle half▲ 10.5%14.4within the sector's middle half▼ 14.8%
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 71% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.0m
Fixed assets
€4.4m ▲ 0.9%
Current assets
€4.6m ▲ 23.0%
Equity and liabilities €9.0m
Equity
€3.7m ▲ 3.1%
Debt
€5.2m ▲ 17.7%
Debt's share of the balance-sheet total rises from 55.2% to 58.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.1m▼
2024 · €1.1m
Cash flow
€1.0m▲
2024 · €970,365
Debt to equity
1.41▲
2024 · 1.23
ROE
2.8%▼
2024 · 11.8%
Interest coverage
7.85▼
2024 · 75.16
Debt ≤ 1 year
€1.8m▼
2024 · €2.1m
Debt > 1 year
€2.3m▲
2024 · €1.4m
Income taxes
€28,663▼
2024 · €129,761
Staff costs
€904,929▼
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,639 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 1,639 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | - | €7.4m | €9.3m | - | - |
| Turnover70 | - | €7.3m | €9.1m | - | - |
| Other operating income74 | - | €117,871 | €172,554 | - | - |
| Operating charges60/66A | - | €6.8m | €8.7m | - | - |
| Goods for resale, raw materials and consumables60 | - | €1.1m | €1.9m | - | - |
| Purchases600/8 | - | €1.1m | €1.9m | - | - |
| Services and other goods61 | - | €4.4m | €5.2m | - | - |
| Remuneration, social security and pensions62 | €725,570 | €826,515 | €1.0m | €904,929 | ▼ 12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €202,418 | €432,400 | €542,440 | €933,418 | ▲ 72.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€7,401 | -€29,306 | -€29,623 | €5,545 | ▲ 119% |
| Other operating charges640/8 | €19,831 | €96,151 | €72,544 | €132,669 | ▲ 82.9% |
| Non-recurring operating charges66A | - | €988 | €1,443 | - | - |
| Gross operating margin9900 | €5.1m | - | - | €2.1m | - |
| Operating profit (loss)9901 | €4.1m | €603,851 | €550,397 | €157,617 | ▼ 71.4% |
| Financial income75/76B | €19,478 | €7,468 | €217,060 | €112,960 | ▼ 48.0% |
| Recurring financial income75 | €19,478 | €7,468 | €58,661 | €112,960 | ▲ 92.6% |
| Income from current assets751 | - | €531 | €58,083 | - | - |
| Other financial income752/9 | - | €6,937 | €579 | - | - |
| Non-recurring financial income76B | - | - | €158,399 | - | - |
| Financial charges65/66B | €185,923 | €28,765 | €209,772 | €138,920 | ▼ 33.8% |
| Recurring financial charges65 | €27,524 | €28,765 | €51,372 | €138,920 | ▲ 170% |
| Debt charges650 | - | €6,231 | €14,541 | - | - |
| Other financial charges652/9 | - | €22,534 | €36,831 | - | - |
| Non-recurring financial charges66B | €158,399 | - | €158,400 | - | - |
| Profit (loss) for the period before taxes9903 | €3.9m | €582,553 | €557,685 | €131,657 | ▼ 76.4% |
| Income taxes67/77 | €1.0m | €130,933 | €129,761 | €28,663 | ▼ 77.9% |
| Taxes670/3 | - | €136,099 | €129,761 | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €5,165 | - | - | - |
| Profit (loss) for the period9904 | €2.9m | €451,620 | €427,925 | €102,994 | ▼ 75.9% |
| Profit (loss) for the period to be appropriated9905 | €2.9m | €451,620 | €427,925 | €102,994 | ▼ 75.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €7.3m | €6.4m | €8.1m | €9.0m | ▲ 11.2% |
| Fixed assets21/28 | €2.3m | €2.5m | €4.3m | €4.4m | ▲ 0.9% |
| Intangible fixed assets21 | €1.1m | €846,662 | €677,382 | €502,358 | ▼ 25.8% |
| Tangible fixed assets22/27 | €618,656 | €998,060 | €2.9m | €3.0m | ▲ 3.2% |
| Plant, machinery and equipment23 | €259,150 | €456,028 | €827,644 | €898,823 | ▲ 8.6% |
| Furniture and vehicles24 | €40,754 | €117,024 | €149,051 | €145,162 | ▼ 2.6% |
| Leasing and similar rights25 | €252,179 | €188,989 | €125,799 | €261,150 | ▲ 108% |
| Other tangible fixed assets26 | €66,574 | €120,635 | €847,536 | €1.7m | ▲ 95.9% |
| Assets under construction and advance payments27 | - | €115,384 | €957,439 | €36,000 | ▼ 96.2% |
| Financial fixed assets28 | €620,138 | €620,138 | €739,321 | €859,222 | ▲ 16.2% |
| Affiliated companies280/1 | - | €593,549 | €713,548 | - | - |
| Participating interests280 | - | €593,549 | €713,548 | - | - |
| Other financial fixed assets284/8 | - | €26,589 | €25,773 | - | - |
| Shares284 | - | €25,000 | €25,000 | - | - |
| Amounts receivable and cash guarantees285/8 | - | €1,589 | €773 | - | - |
| Current assets29/58 | €5.0m | €3.9m | €3.7m | €4.6m | ▲ 23.0% |
| Amounts receivable within one year40/41 | €1.9m | €466,653 | €2.5m | €3.9m | ▲ 59.5% |
| Trade receivables40 | €1.1m | €317,338 | €618,807 | €817,527 | ▲ 32.1% |
| Other amounts receivable41 | €849,377 | €149,315 | €1.8m | €3.1m | ▲ 68.7% |
| Cash at bank and in hand54/58 | €3.1m | €3.4m | €1.2m | €571,895 | ▼ 50.3% |
| Deferred charges and accrued income490/1 | €15,653 | €47,857 | €133,578 | €112,114 | ▼ 16.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €7.3m | €6.4m | €8.1m | €9.0m | ▲ 11.2% |
| Equity10/15 | €3.0m | €3.3m | €3.6m | €3.7m | ▲ 3.1% |
| Contributions10/11 | €163,349 | €163,349 | €163,349 | €163,349 | = |
| Capital10 | €163,349 | €163,349 | €163,349 | €163,349 | = |
| Issued capital100 | €163,349 | €163,349 | €163,349 | €163,349 | = |
| Reserves13 | €38,744 | €38,744 | €38,744 | €38,744 | = |
| Non-distributable reserves130/1 | €16,335 | €16,335 | €16,335 | €16,335 | = |
| Legal reserve130 | €16,335 | €16,335 | €16,335 | €16,335 | = |
| Tax-exempt reserves132 | €14,641 | €14,641 | €14,641 | €14,641 | = |
| Distributable reserves133 | €7,768 | €7,768 | €7,768 | €7,768 | = |
| Profit (loss) carried forward14 | €2.8m | €3.1m | €3.4m | €3.5m | ▲ 3.0% |
| Investment grants15 | - | - | - | €9,103 | - |
| Amounts payable17/49 | €4.3m | €3.1m | €4.5m | €5.2m | ▲ 17.7% |
| Amounts payable after more than one year17 | €147,476 | €81,607 | €1.4m | €2.3m | ▲ 63.1% |
| Financial debts170/4 | €147,476 | €81,607 | €1.4m | €2.3m | ▲ 63.1% |
| Leasing and similar obligations172 | - | €34,806 | €210,084 | - | - |
| Credit institutions173 | - | €46,801 | €1.2m | - | - |
| Amounts payable within one year42/48 | €3.7m | €2.5m | €2.1m | €1.8m | ▼ 15.9% |
| Current portion of amounts payable after more than one year42 | €110,976 | €130,977 | €171,525 | €334,114 | ▲ 94.8% |
| Financial debts43 | - | €27,529 | €90,224 | €58,732 | ▼ 34.9% |
| Credit institutions430/8 | - | €27,529 | €90,224 | €58,732 | ▼ 34.9% |
| Trade debts44 | €2.2m | €722,193 | €1.5m | €1.2m | ▼ 21.7% |
| Suppliers440/4 | €2.2m | €722,193 | €1.5m | €1.2m | ▼ 21.7% |
| Advances received on contracts in progress46 | €19,495 | - | - | - | - |
| Taxes, remuneration and social security45 | €1.2m | €1.3m | €243,211 | €199,675 | ▼ 17.9% |
| Taxes450/3 | €1.0m | €1.1m | €54,779 | €30,499 | ▼ 44.3% |
| Remuneration and social security454/9 | €163,124 | €158,816 | €188,432 | €169,176 | ▼ 10.2% |
| Other amounts payable47/48 | €150,000 | €270,650 | €120,000 | €20,274 | ▼ 83.1% |
| Accrued charges and deferred income492/3 | €483,732 | €548,913 | €913,757 | €1.1m | ▲ 24.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.9m | €451,620 | €427,925 | €102,994 | ▼ 75.9% |
| + Depreciation and write-downs630 | €202,418 | €432,400 | €542,440 | €933,418 | ▲ 72.1% |
| Operating cash flow (approximation) | €3.1m | €884,020 | €970,365 | €1.0m | ▲ 6.8% |
| Investment in fixed assets (approximation) | - | -€598,588 | -€2.4m | -€971,898 | ▲ 59.5% |
| Change in cash | - | €339,686 | -€2.3m | -€579,354 | ▲ 74.3% |
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
25-03
State Gazette act
Incorporation · Founder
Founding capital · Bank account · Elise DE WILDE
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
11-06
State Gazette act
General meeting · Director appointment
Permanent representative
11-06
State Gazette act
General meeting · Director appointment
Permanent representative
31-05
Financial
Weakest financial yearnet €102,994 ▼75.9%
Net result drops to €102,994, the lowest in the series.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 3 days late
2023
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 55 days late
Financial milestoneState Gazette actNBB 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.
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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, Marche-en-Famenne · 1 establishment unit since 2021
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.
Marche,Rue des Deux Provinces 16900 Marche-en-Famenne1 establishment unit
Marche,Rue des Deux Provinces 1, 6900 Marche-en-Famenne
since 20212.312.299.955
Structure & network
Owners and holdings
4 holdingsOwners 0
The accounts to 31-05-2025 list no shareholders, and no other source names one.
Holdings 4
- LIEGE EXPO – CONVENTION CENTERsubsidiarySourceown accounts 31-05-2025100%
- MULTIWEXsubsidiarySourceown accounts 31-05-2025100%
-
99.46%
-
50%
According to the annual accounts to 31-05-2025 of WEX 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
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
NOSTRINVEST
Shared director
→
WALLONIE EXPO
Shared director
→
Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
Recognitions · licences · registrations
Food safety, FASFC
1 siteMarche-en-Famenne2.312.299.955
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Of 4,579 companies in sector 82300 we hold annual accounts for 1,674. 347 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded18-01-2021
Fiscal year end31-05
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
90311Arts creation and performing arts activities
90312Arts creation and performing arts activities
Contact
Website
www.wex.be
E-mail
direction@wex.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761721402
Also
9925:BE0761721402
Registered
08-01-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.