Summary
Conclusion
the dossier summarised in one paragraphThe 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 evidenceSignals 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| 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 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2025How 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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.5% | 41.5% | |
| Net result | €103k | €28k | |
| Equity | €3.72M | €361k | |
| Gross operating margin | €2.13M | €110k | |
| Employees (FTE) | 14.4 | 4.9 |
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| 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 |
| 2025 | |
|---|---|
| Current ratio | 2.58 |
| Quick ratio | 2.58 |
| Working capital ratio | 31.5% |
| Solvency | 41.5% |
| Debt / equity | 1.41 |
| Long-term debt ratio | 0.62 |
| Interest coverage | 7.85 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.1% |
| ROE | 2.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| 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 |
Health barometer
FY 2025 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Structure & network
Connections & network
3 connected companiesOwnership & control
3 partiesEach 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 BankThis 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-FamenneEstablishment units
1 locationPublications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
1 acts25-03-2026 Act object · Notarial deed · Incorporation · Founder
- 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
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by stability.
All 5 axes are computed from data Checked has read.
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountSimilar
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Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | WEX |