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WFS COMPANY

Inactive
KBO/BCE: BE 0679.517.662

WFS COMPANY was declared bankrupt on 07-02-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 03-12-2024, published in the Belgian State Gazette on 09-12-2024.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 15-06-2021, 46 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
46 d early
2019
319 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, full schema

Turnover
€79k
EBIT margin
99.8%
Net result
€21k▼ 73.6%
2019 · €79k
2018: €10k 2019: €79k
2018 → 2020
Working capital
€99k▲ 26.4%
2019 · €79k
2019: €79k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Turnover€79k
Equity€10k-€79k▲ 702%€99k▲ 26.4%
Operating result€10k-€79k▲ 710%€21k▼ 73.6%
Net result€10k-€79k▲ 710%€21k▼ 73.6%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2018: €10k€10kNet result 2018: €10k€10kOperating result 2019: €79k€79kNet result 2019: €79k€79kOperating result 2020: €21k€21kNet result 2020: €21k€21k201820192020€0€20k€40k€60k€80kOperating result 2018: €10k€9.7kNet result 2018: €10k€9.7kOperating result 2019: €79k€79kNet result 2019: €79k€79kOperating result 2020: €21k€21kNet result 2020: €21k€21k201820192020
The operating result falls in 2020; 2020 is 74% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €106k
Equity €99k ▲ 26.4%
Debt €6k ▲ 25.2%
Debt's share of the balance-sheet total falls from 5.9% to 5.9%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
Current ratio
17.05
2019 · 16.89
ROE
20.9%
2019 · 100.0%
ROA
19.7%
2019 · 94.1%
Debt ≤ 1 year
€6k
2019 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 15 lines
Balance sheet Code20192020
Assets
Total assets20/58€84k€106k
Current assets29/58€84k€106k
Amounts receivable within one year40/41€84k€106k
Equity and liabilities
Total equity and liabilities10/49€84k€106k
Equity10/15€79k€99k
Profit (loss) carried forward14€79k€99k
Amounts payable17/49€5k€6k
Amounts payable within one year42/48€5k€6k
Trade debts44€219€219=
Income statement Code20192020
Turnover70€79k-
Gross operating margin9900€79k€21k
Operating profit (loss)9901€79k€21k
Profit (loss) for the period before taxes9903€79k€21k
Profit (loss) for the period9904€79k€21k
Profit (loss) for the period to be appropriated9905€79k€21k

Download as CSV

Timeline · acts, filings and financial milestones

2024
09-12
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · WFS COMPANY BV KLEINEWINKELLAAN 64/B, 1853. GRIMBERGEN · event 03-12-2024
2023
13-02
Bankruptcy Opening
Ondernemingsrechtbank Brussel · WFS COMPANY BV KLEINE- WINKELLAAN 64/B, 1853. GRIMBERGEN · event 07-02-2023
2021
18-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 688 days late
15-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
15-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 319 days late
2019
31-12
Financial Highest result since 2018net €79k ▲710%
Operating result €79k, net result €79k, both a record.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
4 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
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator TOMAS BRUNEEL
ZELLIKSESTEENWEG 12, 1082 SINT- AGATHA-BERCHEM
07-02-202303-12-2024