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WEX

Active
Public limited company·Organisatie van congressen en beurzen· 5 yrs active
Marche,Rue des Deux Provinces 1 ·6900 Marche-en-Famenne, Belgium
KBO/BCE: BE 0761.721.402
Watch Print / PDF
Age5 yrs
Staff (FTE)14.4
Connections3

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of WEX is 0.6% (low). The 2025 annual accounts show equity of €3.72M and a net result of €103k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 61 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend
Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
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 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-05. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-05-2025, that is 31-12-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-05-2025 31-12-2025 30-12-2025 1 d early 2025-00592340
31-05-2024 31-12-2024 03-01-2025 3 d late 2025-00001546
31-05-2023 31-12-2023 03-01-2024 3 d late 2024-00543292
31-05-2022 31-12-2022 24-02-2023 55 d late 2023-00032870

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€9.12M+25.1%
EBIT margin6.0%-2.2pp
Net result€103k-75.9%
Working capital€2.82M+73.8%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 30-12-2025 with the NBB · fiscal year 2025 · volledig
€0€2.50M€5.00M€7.50M€10.00MOperating result 2022: €4.11M€4.11MNet result 2022: €2.92M€2.92MRevenue 2023: €7.29M€7.29MOperating result 2023: €604k€604kNet result 2023: €452k€452kRevenue 2024: €9.12M€9.12MOperating result 2024: €550k€550kNet result 2024: €428k€428kOperating result 2025: €158k€158kNet result 2025: €103k€103k2022202320242025
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8.1%/year over 4 fiscal years, indicative, assuming unchanged policy.
€2.50M€3.00M€3.50M€4.00M€4.50M€5.00M2026: €4.12M (€3.82M - €4.41M)2027: €4.39M (€4.10M - €4.69M)2028: €4.67M (€4.38M - €4.97M)2022: €2.97M2023: €3.30M2024: €3.61M2025: €3.72M2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 82 · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 41.5% 41.5%
better than 50% of 61 sector peers
Net result €103k €28k
better than 67% of 62 sector peers
Equity €3.72M €361k
better than 80% of 61 sector peers
Gross operating margin €2.13M €110k
better than 94% of 46 sector peers
Employees (FTE) 14.4 4.9
better than 81% of 30 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P50
2022: P61 · n=1572023: P66 · n=1902024: P65 · n=1972025: P50 · n=612022 2025
Stable position over 2022-2025 · n=61-197
Net result P67
2022: P95 · n=1582023: P91 · n=1892024: P87 · n=1972025: P67 · n=622022 2025
Weakening position over 2022-2025 · n=62-197
Equity P80
2022: P85 · n=1582023: P85 · n=1902024: P83 · n=1972025: P80 · n=612022 2025
Stable position over 2022-2025 · n=61-197
Staff costs P78
2022: P76 · n=802023: P79 · n=1012024: P78 · n=952022 2024
Stable position over 2022-2024 · n=80-101
Describes the position versus peers, not a forecast.
Revenue
€9.12M
+25.1% 22-25
EBITDA
€1.09M
-0.2% 22-25
Net profit
€103k
-75.9% 22-25
Cash flow
€1.04M
+6.8% 22-25
Total assets
€8.97M
+11.2% 22-25
Equity
€3.72M
+3.1% 22-25
Working capital
€2.82M
+73.8% 22-25
Employees (FTE)
14
-14.8% 22-25
Staff costs
€905k
-12.2% 22-25
Income taxes
€29k
-77.9% 22-25
Debt
€5.24M
+17.7% 22-25
Debt ≤ 1y
€1.78M
-15.9% 22-25
Debt > 1y
€2.32M
+63.1% 22-25
Current ratio
2.58
+46.2% 22-25
Quick ratio
2.58
+46.2% 22-25
Solvency
41.5%
-7.2% 22-25
Debt / equity
1.41
+14.1% 22-25
ROE
2.8%
-76.7% 22-25
ROA
1.1%
-78.3% 22-25
Net margin
4.7%
-24.2% 22-25
EBITDA margin
12.0%
-15.7% 22-25
Interest coverage
7.85
-89.6% 22-25
Figures by fiscal year
Fiscal year2025
Depositvolledig
Revenue-
EBITDA€1.09M
Net profit€103k
Cash flow€1.04M
Staff costs€905k
Income taxes€29k
Dividends-
Total assets€8.97M
Equity€3.72M
Debt€5.24M
of which ≤ 1y€1.78M
of which > 1y€2.32M
Working capital€2.82M
Employees (FTE)14.4
Ratios (computed)
2025
Current ratio2.58
Quick ratio2.58
Working capital ratio31.5%
Solvency41.5%
Debt / equity1.41
Long-term debt ratio0.62
Interest coverage7.85
Gross margin-
Net margin-
ROA1.1%
ROE2.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€8.97M
Fixed assets 21/28€4.36M
Intangible fixed assets 21€502k
Tangible fixed assets 22/27€3.00M
Financial fixed assets 28€859k
Current assets 29/58€4.60M
Amounts receivable within one year 40/41€3.92M
Cash & bank 54/58€572k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€8.97M
Equity 10/15€3.72M
Contributions / capital 10/11€163k
Reserves 13€39k
Accumulated profits (losses) 14€3.51M
Amounts payable 17/49€5.24M
Amounts payable after one year 17€2.32M
Amounts payable within one year 42/48€1.78M
Trade debts payable within one year 44€1.17M
Income statement
Gross operating margin 9900€2.13M
Operating result 9901€158k
Financial income 75€113k
Financial charges 65€139k
Result before taxes 9903€132k
Income taxes 67/77€29k
Net result for the period 9904€103k
Result to be appropriated 9905€103k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
79 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Connections & network

3 connected companies
LUXEMBOURG DEVELOPPEMENT, We sit on their board LDLUXEMBOURGDEVELOPPEMENTLUXEMBOURG DEVELOPPEMENT EUROPE DEUX, We sit on their board LDLUXEMBOURGDEVELOPP… DEUXLUXEMBOURG DEVELOPPEMENT EUROPE TROIS, We sit on their board LDLUXEMBOURGDEVELOPP…TROISWEX WEX0761.721.402
Group structure
Group structure
LUXEMBOURG DEVELOPPEMENT
We sit on their board · 5 subsidiaries
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

3 parties
WEXBE 0761.721.402
controls
Where this company holds controlthis company sits on their board3

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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-Famenne

Establishment units

1 location
Marche,Rue des Deux Provinces 1, 6900 Marche-en-Famenne
Ontwerpen en programmeren van computerprogramma's
since 20212.312.299.955
Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
Company purpose
De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen de organisatie van concerten, voorstellingen, evenementen, publiciteit in de meest ruime zin en communicatie. Zij heeft tevens tot voorwerp het organiseren, beheren en op enigerlei wijze deelnemen aan culturele, sportieve, artistieke en zakelijke evenementen: de verkoop, aankoop, commercialisering en promotie van artistieke werken, het beheer, de organisatie en het management van artiesten. Zij kan een bureau voor studies, analyses en advies met betrekking tot het voorwerp exploiteren. Zij kan bovendien alle commerciële, industriële, roerende, onroerende of financiële verrichtingen uitvoeren die rechtstreeks of onrechtstreeks verband houden met haar voorwerp. Zij kan belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen. Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken. Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
Per act of 25-03-2026
Capital history · 1
25-03-2026
Founding capital: amount: 50000, shares: 1000, currency: EUR, nominal_value: 50
All acts · 1 updated 4 months ago
2026
25-03-2026 Act object · Notarial deed · Incorporation · Founder Open-capture extraction·Elise DE WILDE
  • Act object: OPRICHTING · PUBLIFAIR
  • Publication: 25/03/2026 · PUBLIFAIR
  • Filing: 23-03-2026 · PUBLIFAIR
  • Notarial deed: 20 maart 2026 · PUBLIFAIR
  • Incorporation: 20 maart 2026 · PUBLIFAIR
  • Founder · EVENTSYS
  • Founding capital: amount: 50000, shares: 1000, currency: EUR, nominal_value: 50 · PUBLIFAIR
  • Bank account: amount: 50000, currency: EUR · PUBLIFAIR
  • Purpose: De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen de organisatie van concerten, voorstellingen, evenementen, publiciteit in de meest ruime zin en communicatie. Zij heeft tevens tot voorwerp het organiseren, beheren en op enigerlei wijze deelnemen aan culturele, sportieve, artistieke en zakelijke evenementen: de verkoop, aankoop, commercialisering en promotie van artistieke werken, het beheer, de organisatie en het management van artiesten. Zij kan een bureau voor studies, analyses en advies met betrekking tot het voorwerp exploiteren. Zij kan bovendien alle commerciële, industriële, roerende, onroerende of financiële verrichtingen uitvoeren die rechtstreeks of onrechtstreeks verband houden met haar voorwerp. Zij kan belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen. Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken. Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen. · PUBLIFAIR
  • First fiscal year: end: 31 mei 2027, start: datum neerlegging · PUBLIFAIR
  • Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-03-20 · EVENTSYS
  • Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-03-20 · GCP Group
  • Officer appointment: role: bestuurder, term: onbepaalde duur, start_date: 2026-03-20 · WEX
  • Permanent representative · CATANIA Gabriel
  • Permanent representative · PALMKOECK Yannick
  • Permanent representative · DEMOULIN Bruno
  • Mandate compensation: onbezoldigd · EVENTSYS
  • Mandate compensation: onbezoldigd · GCP Group
  • Mandate compensation: onbezoldigd · WEX
  • Officer appointment: role: dagelijks bestuurder, term: onbepaalde duur, start_date: 2026-03-20 · EVENTSYS
  • Power of attorney: Elke medewerker van Fiduciaire et Gestion GC Partner ... is aangewezen als lasthebber ad hoc van de vennootschap, om over de fondsen te beschikken, alle documenten te ondertekenen en alle nodige formaliteiten te vervullen bij de administratie van de btw en met het oog op de inschrijving bij de Kruispuntbank van Ondernemingen en in het bijzonder het nodige te doen met betrekking tot de registratie van de aandeelhouder en de aandelen in het UBO-register en het openen van een elektronisch effectenregister al dan niet via de toepassing eStox. · Fiduciaire et Gestion GC Partner
Summary: Act object · Notarial deed · Incorporation · FounderNotary: Elise DE WILDE

Analysis

Snowflake analysis

financial profile on 5 axes
Health79Profitability14Solvency86Growth68Stability94
68 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 79
Profitability 14
Solvency 86
Growth 68
Stability 94

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Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300Exploitatie van schouwburgen, concertzalen en dergelijke90041Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten90042Exploitatie van schouwburgen, concertzalen en dergelijke90311Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten90312
Primary activity highlighted.
Names & trade names
Legal nameFR WEX
Registered office
Marche,Rue des Deux Provinces 1
6900 Marche-en-Famenne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.