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WexCon

Active Private limited companyfounded 1992active for 34 yearsCleynaertsstraat 16, 3290 DiestKBO/BCE: BE 0447.588.385 #2 company by total assets in Diest, Accommodation and food service sector

Lifetime

19 annual accounts with figures on one time axis, 34 filings since 1992
peak €185,501 (2024)
€147,160▼ 20.7%
lowest -€22,875 (2009)
€31,905▼ 51.8%
peak €345,171 (2025)
€345,171▲ 10.2%
€1.8m▼ 1.7%
peak 0.6 FTE (2011)
-not published
Board2 names since 2020
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €185,501 to €147,160Result from €66,248 to €31,905

Key points

from the 2025 annual accounts

Debts

€1.8m 84% of the balance sheet
Financial debts 88%Suppliers 0%Taxes and wages 4%Other 8%

Of this, €181,267 falls due within a year.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2024 accounts came latest: 54 days after the end of the period.

Position in the sector

€345,171

More equity than 95% of companies in food and beverage service. Sector median €28,639 · 17,193 companies.

Checked score

85
Excellent
Financially stronger than 48% of small companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.5%▼ -0.5 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%▼ -0.1 percentage points vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Average

41+1equity 16.3% of total assets
63+3short-term debt 8.6% · cash 10.7%
41-32return on assets 1.5%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
2 of the last 3 accounts late
lowers risk
Size: total assets €2.1m
Founded in 1992
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small). It does better than 34% of them on solvency, 73% on liquidity, 23% on profitability and 62% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,685 companies had the same profile as WexCon has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of WexCon itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,448 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 3.0% 3.1%
10 5.6% 6.2%

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 4,685 companies, not a prediction for WexCon. 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 of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.62 (1.3 in 2024), above the usual 1.5. Short-term debt is 8.6% and cash 10.7% of total assets. However, 83.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Size: total assets €2.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
54 days late
2023
47 days late
2022
on the day
2021
on the day
2020
on the day
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 September (3 of the last 3 accounts filed within 49 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CW
Director, since 26-06-2026
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0447588385
Amendment of the articles General meeting of 29-06-2023 · Gazette deed
Merger: DE PROOSDIJ takes over WexCon Company renamed from DE PROOSDIJ to WexCon · Issue of 30 shares · Permanent representative: Christiaan WECKX · General meeting of 31-01-2020 · Gazette deed
Merger proposal: De Proosdij takes over WEXCON Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
WexCon Diest €2.1m €147,160 16.3% -
DE MERGPIJP Antwerp €2.3m €135,401 36.6% -
POPINA Maldegem €2.3m €195,424 44.3% -
A PROPOS Brussels €2.1m €106,494 -8.1% 6.2
Bien Boire Brussels €1.7m €161,220 82.7% -
SALONS SAINT - GERMAIN Diksmuide €2.5m €210,577 67.2% 0
DE WIJNKOELER Bruges €1.8m €149,886 74.8% -

These companies have the same main activity as WexCon: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €1.7m and €2.5m, founded between 1987 and 2000.

Official details

Source: KBO
Status
Active since 13-06-1992Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Establishment unit
2.057.849.1593290 Diest, since 18-06-1992
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

≈ €430,000estimated
€2.1m=
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on WexCon

WexCon files the micro format. That format states no turnover. The gross margin rose from €57,680 in 2007 to €147,160 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about WexCon

What is the company number of WexCon?
The company number of WexCon is 0447.588.385. The VAT number is the same number with BE in front: BE 0447.588.385.
Where is WexCon based?
The registered office is at Cleynaertsstraat 16, 3290 Diest.Company details
What does WexCon do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of WexCon?
WexCon is a private limited company (BV).
When was WexCon founded?
WexCon was founded on 13-06-1992.
Is WexCon still active?
Yes, WexCon is an active enterprise in the KBO register.
What is the turnover of WexCon?
The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €147,160 and 87 comparable companies (NACE 56111). It probably lies between €360,000 and €520,000.Financials
Is WexCon profitable?
In financial year 2025, WexCon made a profit of €31,905.
Where can I find the annual accounts of WexCon?
WexCon filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WexCon due?
WexCon must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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