WEXSO
WEXSO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show negative equity (€-133k) and a net result of €-83k. Equity is shrinking by ~92.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 5823 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 1.2% (low).
| Equity | €-133k |
| Net result | €-83k |
| Staff (FTE) | 2 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -86.7% | 61.2% | |
| Net result | €-83k | €27k | |
| Equity | €-133k | €48k | |
| Gross operating margin | €-48k | €45k | |
| Staff costs | €17k | €18k |
Figures by fiscal year and ratios
| Fiscal year | 2023 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-65k |
| Net profit | €-83k |
| Cash flow | €-65k |
| Staff costs | €17k |
| Income taxes | - |
| Dividends | - |
| Total assets | €154k |
| Equity | €-133k |
| Debt | €287k |
| of which ≤ 1y | €287k |
| of which > 1y | - |
| Working capital | €-272k |
| Employees (FTE) | 2.0 |
| 2023 | |
|---|---|
| Current ratio | 0.05 |
| Quick ratio | 0.05 |
| Working capital ratio | -177.5% |
| Solvency | -86.7% |
| Debt / equity | -2.15 |
| Long-term debt ratio | - |
| Interest coverage | -363.24 |
| Gross margin | - |
| Net margin | - |
| ROA | -54.0% |
| ROE | 62.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €154k |
| Fixed assets | 21/28 | €139k |
| Intangible fixed assets | 21 | €139k |
| Current assets | 29/58 | €14k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €154k |
| Equity | 10/15 | €-133k |
| Contributions / capital | 10/11 | €49k |
| Accumulated profits (losses) | 14 | €-182k |
| Amounts payable | 17/49 | €287k |
| Amounts payable within one year | 42/48 | €287k |
| Trade debts payable within one year | 44 | €27k |
| Income statement | ||
| Gross operating margin | 9900 | €-48k |
| Operating result | 9901 | €-83k |
| Financial income | 75 | €27 |
| Financial charges | 65 | €180 |
| Result before taxes | 9903 | €-83k |
| Net result for the period | 9904 | €-83k |
| Result to be appropriated | 9905 | €-83k |
| NACE primary | Ontwerpen van computerprogramma’s(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 05-05-2020 |
| Status | Active |
| Postal code | 2950 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023K0007/00R032 | Flanders | 1,856 m² | 1 · 851 m² | 6.2 m · 2 fl. |
27-08-2024 NBB filing Annual accounts filed
30-08-2023 NBB filing Annual accounts filed
26-01-2023 State Gazette act Capital & shares
30-09-2022 NBB filing Annual accounts filed
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-01-2023 Share split
Technical details
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"events": [
{
"kind": "share_split",
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},
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}
],
"notary": {
"name": "Anton Van Bael",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen-Berchem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-01-26",
"filing_date": "2023-01-24",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-01-18",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0746.686.796",
"name_full": "WEXSO",
"legal_form": "Besloten Vennootschap",
"is_foreign_registered": false
},
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},
"co_filed_documents": [
"expedition van de akte",
"geco\u00F6rdineerde tekst van de statuten en historiek van statutenwijzigingen"
],
"shareholders_after": [],
"share_classes_after": [
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{
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{
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]
}| Legal nameNL | WEXSO |