Summary
WFCC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €116,398 and a net result of -€105,420. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 9866 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2024
32 d late
2023
323 d late
2022
672 d late
2021
1026 d late
2020
297 d late
2019
231 d late
2018
82 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 380 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€116,398▼ 47.5%
2023 · €221,818
Net result
-€105,420
2023 · €75,727
Total assets
€151,388▼ 55.9%
2023 · €343,648
Solvency
76.9%▲ 12.3pp
2023 · 64.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€254,760▲ 3.2%€327,036▲ 28.4%€317,471▼ 2.9%€428,034▲ 34.8%€273,405▼ 36.1%
Operating result€59,768▼ 11.9%€57,673▼ 3.5%€28,036▼ 51.4%€137,710▲ 391%-€2,369
Net result€50,377▼ 25.6%€27,642▼ 45.1%-€55,255€75,727-€105,420
Equity€173,703▲ 40.8%€201,346▲ 15.9%€146,091▼ 27.4%€221,818▲ 51.8%€116,398▼ 47.5%
Total assets€255,870▲ 0.6%€219,409▼ 14.2%€231,098▲ 5.3%€343,648▲ 48.7%€151,388▼ 55.9%
Debt€82,167▼ 37.2%€18,063▼ 78.0%€85,007▲ 371%€121,830▲ 43.3%€34,990▼ 71.3%
Working capital€169,244▲ 40.2%€193,076▲ 14.1%€130,758▼ 32.3%€189,050▲ 44.6%€86,977▼ 54.0%
Solvency67.9%▲ 19.4pp91.8%▲ 23.9pp63.2%▼ 28.6pp64.5%▲ 1.3pp76.9%▲ 12.3pp
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2,369 after €137,710 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €151,388
Fixed assets
€29,421 ▼ 10.2%
Current assets
€121,967 ▼ 60.8%
Equity and liabilities €151,388
Equity
€116,398 ▼ 47.5%
Debt
€34,990 ▼ 71.3%
Debt's share of the balance-sheet total falls from 35.5% to 23.1%. Equity and debt are lower.
Key figures and ratios
ROE
-90.6%▼
2023 · 34.1%
ROA
-69.6%▼
2023 · 22.0%
Debt ≤ 1 year
€34,990▼
2023 · €121,830
Income taxes
€102,717▲
2023 · €60,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €254,760 | €327,036 | €317,471 | €428,034 | €273,405 | ▼ 36.1% |
| Non-recurring operating income76A | - | €39,123 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €222,043 | €285,649 | €284,851 | €248,860 | ▼ 12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,322 | €1,573 | €1,779 | €4,352 | €6,539 | ▲ 50.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €81,160 | - | - | €18,469 | - |
| Other operating charges640/8 | - | €11,671 | €2,502 | €1,121 | €1,907 | ▲ 70.1% |
| Gross operating margin9900 | €89,998 | €152,078 | €32,317 | €143,183 | €24,547 | ▼ 82.9% |
| Operating profit (loss)9901 | €59,768 | €57,673 | €28,036 | €137,710 | -€2,369 | ▼ 102% |
| Financial charges65/66B | - | €925 | €2,184 | €1,983 | €334 | ▼ 83.2% |
| Recurring financial charges65 | €554 | €925 | €2,184 | €1,983 | €334 | ▼ 83.2% |
| Profit (loss) for the period before taxes9903 | €59,215 | €56,748 | €25,852 | €135,727 | -€2,702 | ▼ 102% |
| Income taxes67/77 | €8,838 | €29,105 | €81,107 | €60,000 | €102,717 | ▲ 71.2% |
| Profit (loss) for the period9904 | €50,377 | €27,642 | -€55,255 | €75,727 | -€105,420 | ▼ 239% |
| Profit (loss) for the period to be appropriated9905 | €50,377 | €27,642 | -€55,255 | €75,727 | -€105,420 | ▼ 239% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €255,870 | €219,409 | €231,098 | €343,648 | €151,388 | ▼ 55.9% |
| Fixed assets21/28 | €4,729 | €8,270 | €15,333 | €32,768 | €29,421 | ▼ 10.2% |
| Tangible fixed assets22/27 | €4,729 | €8,270 | €15,333 | €32,768 | €29,421 | ▼ 10.2% |
| Plant, machinery and equipment23 | - | €3,361 | €4,410 | €20,989 | €20,862 | ▼ 0.6% |
| Furniture and vehicles24 | - | €4,909 | €10,923 | €11,779 | €8,559 | ▼ 27.3% |
| Current assets29/58 | €251,141 | €211,139 | €215,765 | €310,881 | €121,967 | ▼ 60.8% |
| Amounts receivable within one year40/41 | €180,523 | €200,310 | €200,603 | €207,512 | €116,791 | ▼ 43.7% |
| Trade receivables40 | - | €51,301 | €58,981 | €65,572 | €25,106 | ▼ 61.7% |
| Other amounts receivable41 | - | €149,008 | €141,622 | €141,940 | €91,684 | ▼ 35.4% |
| Cash at bank and in hand54/58 | €70,618 | €10,829 | €15,162 | €103,369 | €5,176 | ▼ 95.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €255,870 | €219,409 | €231,098 | €343,648 | €151,388 | ▼ 55.9% |
| Equity10/15 | €173,703 | €201,346 | €146,091 | €221,818 | €116,398 | ▼ 47.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | - | - |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | - | - |
| Reserves13 | €11,859 | €11,859 | €11,859 | €11,859 | €11,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,859 | - |
| Distributable reserves133 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €99,844 | €127,486 | €72,232 | €147,959 | €42,539 | ▼ 71.2% |
| Amounts payable17/49 | €82,167 | €18,063 | €85,007 | €121,830 | €34,990 | ▼ 71.3% |
| Amounts payable within one year42/48 | €81,897 | €18,063 | €85,007 | €121,830 | €34,990 | ▼ 71.3% |
| Trade debts44 | €49,923 | €18,063 | €24,402 | €51,565 | €23,174 | ▼ 55.1% |
| Suppliers440/4 | - | €18,063 | €24,402 | €51,565 | €23,174 | ▼ 55.1% |
| Advances received on contracts in progress46 | - | - | - | - | €7,688 | - |
| Taxes, remuneration and social security45 | - | - | €60,606 | €70,265 | €4,127 | ▼ 94.1% |
| Taxes450/3 | - | - | €60,606 | €70,265 | €4,127 | ▼ 94.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,377 | €27,642 | -€55,255 | €75,727 | -€105,420 | ▼ 239% |
| + Depreciation and write-downs630 | €1,322 | €1,573 | €1,779 | €4,352 | €6,539 | ▲ 50.3% |
| Operating cash flow (approximation) | €51,699 | €29,216 | -€53,476 | €80,079 | -€98,880 | ▼ 223% |
| Investment in fixed assets (approximation) | - | -€5,114 | -€8,842 | -€21,786 | -€3,193 | ▲ 85.3% |
| Change in cash | - | -€59,788 | €4,333 | €88,206 | -€98,193 | ▼ 211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-12
Financial
Weakest financial yearnet -€105,420
Net result drops to -€105,420, the lowest in the series.
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 323 days late
03-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 672 days late
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1026 days late
2023
30-06
Financial
Back to profitnet €75,727
Net result €75,727 after one loss-making year.
30-06
Financial
Equity above €200,000Eq €221,818 ▲51.8%
Equity rises from €146,091 to €221,818.
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 297 days late
30-06
Financial
Liquidity quadruplescurrent ratio 11.69
Current ratio from 3.07 to 11.69; short-term debt falls from €81,897 to €18,063.
30-06
Financial
Equity above €200,000Eq €201,346 ▲15.9%
3 profitable years in a row build equity to €201,346.
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 231 days late
30-06
Financial
Equity above €150,000Eq €173,703 ▲40.8%
2 profitable years in a row build equity to €173,703.
Show earlier events
2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 82 days late
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 96 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 384 days late
2016
11-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2009
Ground area
191 m²
Building footprint
90 m²
Volume, LiDAR
969 m³
Parcel 21673D0055/00R006, Brussels · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
188
companies at this address
See who is registered here
1 establishment unit
WFCC
since 20092.175.309.231
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0055/00R006 | Brussels | 191 m² | 1 · 90 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,677 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-1999
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466360756
Also
9925:BE0466360756
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.