Equity
Equity fell by 87% in 1 year.
Equity fell by 87% in 1 year.
€432,727 of the debts are secured on the company's own assets. In 2023 that was €175,863.
Green is investment, beige is depreciation. Land and buildings stand 53.9% higher than in 2024.
Short-term debts rose from €27,708 to €268,263.
The last five annual accounts were filed 0 to 130 days before the end of the period.
Lower solvency than 84% of companies in office administrative support. Sector median 41.3% · 2,829 companies.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 82, micro). It does better than 16% of them on solvency, 26% on liquidity, 23% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
In July 2024, 1,603 companies had the same profile as WIBI has now. Each dot stands for 5 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WIBI itself is lower: 0.2% within 12 months. It rests on far more data about WIBI than the profile alone.
The method was tested on the 497,447 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.
| 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 1,603 companies, not a prediction for WIBI. 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.
Liquidity is insufficient, with a current ratio of 0.14 (2.71 in 2024), below 1. Short-term debt is 26.4% and cash 1.6% of total assets. 96.7% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| WIBI Aalter | €1.0m | €78,746 | 3.3% | - |
| PEAK ESTATE Ghent | €0.9m | €82,514 | 7.6% | - |
| JANSSENS KENNY Beveren-Kruibeke-Zwijndrecht | €1.1m | €73,118 | 8.0% | - |
| IMMO GMJ Roosdaal | €1.0m | €78,740 | 3.6% | - |
| P & P Invest Thimister-Clermont | €1.1m | €76,920 | 64.6% | - |
| JASMONTAS Diksmuide | €1.2m | €86,060 | 99.4% | - |
| FARMALIEN Oud-Heverlee | €0.8m | €80,247 | 28.3% | - |
These companies have the same main activity as WIBI: other business support services (NACE 82990). They are comparable in size and age: total assets between €834,000 and €1.2m, founded between 2017 and 2018.
WIBI files the abbreviated format. That format states no turnover. The gross margin rose from €63,997 in 2018 to €78,746 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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