WIBO

Active

Private limited companyfounded 1986active for 40 yearsMonacoplein 5, 8400 Oostende, BelgiumKBO/BCE: BE 0429.515.703

Summary

The computed 12-month bankruptcy probability of WIBO is 1.7% (moderate). The 2024 annual accounts show equity of €8,373 and a net result of €29,725. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

WIBOActiveChecked score 57/100

Risk analysis Report Compare

Activity

Cafés and bars

NACE 56301

1 site

Size

€103,306total assets 2024

Equity: €8,373
Profit: €29,725

Turnover not published (micro format)

Financial health

57 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 1.7%

Structure

2025 accounts not filed, 87 days past the deadline1 of 2 deeds summarised

Why 57raises riskSector: Food and beverage service activities (NACE 56)Figures for financial year 2024 (filed 22-09-2025)lowers riskFounded in 1986Liquidity: current ratio 4.13, cash €20,723Show the evidence

Checked score

Score 2024

57 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 72% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 33+22

equity 8.1% of total assets

Liquidity 67+42

short-term debt 23.3% · cash 20.1%

Profitability 100+100

return on assets 28.8%

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,763 companies, NACE 56, micro)

Last 24 months 11-2024: 5.5% 12-2024: 5.5%● unchanged vs 11-2024 01-2025: 5.4%▼ -0.1 percentage points vs 12-2024 02-2025: 5.4%● unchanged vs 01-2025 03-2025: 5.3%▼ -0.1 percentage points vs 02-2025 04-2025: 5.4%▲ +0.1 percentage points vs 03-2025 05-2025: 5.1%▼ -0.3 percentage points vs 04-2025 06-2025: 5.0%▼ -0.1 percentage points vs 05-2025 07-2025: 5.3%▲ +0.3 percentage points vs 06-2025 08-2025: 5.7%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 5.6%▼ -0.1 percentage points vs 08-2025 10-2025: 1.0%▼ -4.6 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%▲ +0.1 percentage points vs 09-2026

No publishable credit limit; credit only on tighter terms

Liquidity ample (current ratio 4.13, compared with 0.62 in 2023, above the usual 1.5; short-term debt: 23.3% and cash: 20.1% of total assets), but 91.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 32% on solvency, 71% on liquidity, 93% on profitability and 92% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Founded in 1986

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Food and beverage service activities (NACE 56)

KBO

Figures for financial year 2024 (filed 22-09-2025)

NBB · annual accounts

Liquidity: current ratio 4.13, cash €20,723

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 49 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

49 days late

2023

64 days late

2022

71 days late

2021

79 days late

2020

122 days late

2019

124 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 85 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

18-09-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Back to profitnet €29,725
31-12-2024 Liquidity more than 6 timescurrent ratio 4.13

Key points

Positive: Back in profit in 2024after -€38,048 in 2023 €29,725 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Active since 1986founded 18-09-1986 40 years View

By topic

Financials

Financial year: 2024
Total assets: €103,306
Profit: €29,725
Solvency: 8.1%

Total assets▼ 31.4%

Net result

20182024

Go to Financials

Board & ownership

Board: 3 members

DEWAELE Luis Marcel SimonneDirector
Filip DEWAELEDirector
Valerie VAN DE MAELEDirector

Go to Board & ownership

Timeline

Events: 43
Since: 1988

03-10-2024Annual accounts filed
26-03-2024Resignation: DEWAELE Luis Marcel Simonne (manager and…
10-10-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Cafés and barsNACE 56301
Founded: 18-09-1986
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 16

Annual meeting: Last Saturday of June at 18:00
Purpose: “De uitbating, het beheer en de inrichting van brasseries, drankgelegenheden…” (deed in Dutch)

Go to Articles of association

Key facts about WIBO

What is the company number of WIBO?: 0429.515.703. In Belgium the VAT number is the company number with BE in front: BE 0429.515.703.
Where is WIBO based?: The registered office is at Monacoplein 5, 8400 Oostende.Company details
What does WIBO do?: According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of WIBO?: Private limited company (BV).
When was WIBO founded?: On 18-09-1986.
Is WIBO still active?: Yes, WIBO is an active enterprise in the KBO register.
How many employees does WIBO have?: On average 2.5 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of WIBO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is WIBO profitable?: In financial year 2024, WIBO made a profit of €29,725.
Where can I find the annual accounts of WIBO?: WIBO filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2024.