The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,637 companies had the same profile as WEX has now. Each dot stands for 5 companies, two years later.
95.4%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
Small
5 to 10 years old
solvency 30% or more
a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,637 companies, not a prediction for WEX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0761721402
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General meeting of 22-08-2022 · Gazette deed
Demerger: WEX splits off to WALLONIE EXPO
Capital increase of €101,849.24 to €163,349.24 · Capital from €61,500 to €163,349.24, 260 new shares · “L'organisation de salons professionnels, de congrès, et de manifestations publiques; Toutes les activités de…” (deed in French) · General meeting of 29-10-2021 · Gazette deed
Demerger proposal: WALLONIE EXPO splits off to WEX
Permanent representatives: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as WEX: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €2.3m and €5.5m, founded between 2013 and 2024.
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Insights on WEX
WEX has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €102,994.
Equity has been growing by about 7.8% per year since 2022. Its solvency ranks better than 47% of 619 sector peers (NACE 82, financial year 2025).
The company number of WEX is 0761.721.402. The VAT number is the same number with BE in front: BE 0761.721.402.
Where is WEX based?
The registered office is at Marche,Rue des Deux Provinces 1, 6900 Marche-en-Famenne.Company details
What does WEX do?
According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
What is the legal form of WEX?
WEX is a public limited company (NV).
When was WEX founded?
WEX was founded on 18-01-2021.
Is WEX still active?
Yes, WEX is an active enterprise in the KBO register.
How many employees does WEX have?
WEX had an average of 14.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WEX?
The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €2.1m and 40 comparable companies (NACE 82). It probably lies between €2.5m and €4.8m. In financial year 2024 turnover was €9.1m.
Is WEX profitable?
In financial year 2025, WEX made a profit of €102,994.
Where can I find the annual accounts of WEX?
WEX filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WEX due?
WEX must file the annual accounts for financial year 2026 by 31-12-2026.Timeline