WIBAG
ActiveThe computed 12-month bankruptcy probability of WIBAG is 2.5% (moderate). The 2024 annual accounts show equity of €20k and a net result of €85k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 15% of 591 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▼-1
Solvency30=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.57 against 0.6 in 2023; short-term debt: 61.1% and cash: 18.7% of total assets), and 94.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.2%
Return on assets
21.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 591 sector peers (2024).
NBB · sector comparisonPosition among 591 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
26 d early
2022
31 d late
2021
25 d early
2020
27 d late
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€20k=
2023 · €20k
2018: €19k
2019: €57k
2020: €90k
2021: €9k
2022: €20k
2023: €20k
2018 → 2024
Total assets
€392k▼ 2.7%
2023 · €403k
2018: €49k
2019: €110k
2020: €147k
2021: €224k
2022: €377k
2023: €403k
2018 → 2024
Net result
€85k▼ 7.6%
2023 · €92k
2018: €13k
2019: €37k
2020: €33k
2021: €71k
2022: €28k
2023: €92k
2018 → 2024
Working capital
€-104k▼ 13.3%
2023 · €-92k
2018: €21k
2019: €55k
2020: €71k
2021: €-10k
2022: €-64k
2023: €-92k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€90k-€9k▼ 90.3%€20k▲ 135%€20k=€20k=
Operating result€42k-€93k▲ 121%€43k▼ 53.7%€136k▲ 216%€124k▼ 8.4%
Net result€33k-€71k▲ 116%€28k▼ 60.9%€92k▲ 231%€85k▼ 7.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €392k
Fixed assets
€256k▼ 2.9%
Current assets
€136k▼ 2.3%
Equity and liabilities €392k
Equity
€20k=
Debt
€372k▼ 2.8%
The debt ratio falls from 94.9% to 94.8%. Debt is lower.
Key figures and ratios
EBITDA
€138k▼
2023 · €147k
Cash flow
€98k▼
2023 · €103k
Solvency
5.2%▲
2023 · 5.1%
Current ratio
0.57▼
2023 · 0.60
Quick ratio
0.57▼
2023 · 0.60
Debt / equity
18.17▼
2023 · 18.69
ROE
415.1%▼
2023 · 449.4%
ROA
21.7%▼
2023 · 22.8%
Interest coverage
42.73▼
2023 · 43.24
Debt
€372k▼
2023 · €382k
Debt ≤ 1 year
€240k▲
2023 · €231k
Debt > 1 year
€132k▼
2023 · €152k
Income taxes
€36k▼
2023 · €40k
Staff costs
€256k▲
2023 · €232k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€403k€392k▼
Fixed assets21/28€264k€256k▼
Intangible fixed assets21-€4k
Tangible fixed assets22/27€253k€241k▼
Land and buildings22€226k€220k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€23k€18k▼
Financial fixed assets28€11k€11k=
Current assets29/58€139k€136k▼
Amounts receivable within one year40/41€105k€62k▼
Trade receivables40€105k€62k▼
Cash at bank and in hand54/58€34k€73k▲
Deferred charges and accrued income490/1€432€432=
Equity and liabilities
Total equity and liabilities10/49€403k€392k▼
Equity10/15€20k€20k=
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Amounts payable17/49€382k€372k▼
Amounts payable after more than one year17€152k€132k▼
Financial debts170/4€150k€131k▼
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€231k€240k▲
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€94k€124k▲
Taxes450/3€68k€94k▲
Remuneration and social security454/9€26k€30k▲
Other amounts payable47/48€108k€84k▼
Income statement
Code20232024
Remuneration, social security and pensions62€232k€256k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€381k€398k▲
Operating profit (loss)9901€136k€124k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€132k€121k▼
Income taxes67/77€40k€36k▼
Profit (loss) for the period9904€92k€85k▼
Profit (loss) for the period to be appropriated9905€92k€85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€85k▼
Profit to be distributed694/7€92k€85k▼
Return on contributions (dividend)694€92k€85k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €92k ▲231%
Operating result €136k, net result €92k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Anderlecht · 1 establishment unit since 2017
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.
Mudrahoek 641070 AnderlechtGround area
9,114 m²
Building footprint
1,843 m²
Volume, LiDAR
42,439 m³
2 parcels, Brussels · tallest building 37.2 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
WIBAG
since 20172.263.909.130
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0041/00D002 | Brussels | 7,508 m² | 1 · 1,001 m² | 37.2 m · 11 fl. |
| 21305C0334/00S013 | Brussels | 1,606 m² | 1 · 842 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 1,846 companies in sector 79901 we hold annual accounts for 146. 88 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2017
Fiscal year end31-12
Activities, NACEBEL
79901Tourist information services
96999Other personal services
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.