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WICKO

Active Private limited company (pre-2019)founded 2013active for 13 yearsLobelialaan 31, 2950 KapellenKBO/BCE: BE 0502.589.959

Lifetime

13 annual accounts with figures on one time axis
peak €208,262 (2022)
€190,142▲ 22.8%
lowest -€5,042 (2015)
€97,480▲ 40.5%
peak €469,810 (2025)
€469,810▲ 9.8%
€720,307▼ 7.5%
Board1 name since 2013
1 directorWies Mathieu
Owners2 names in the annual accounts
  
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €154,868 to €190,142Result from €69,368 to €97,480Dividend €55,573Cash from €151,035 to €322,780

Key points

from the 2025 annual accounts

Equity

€469,810 ▲ 9.8%

WICKO has made a profit without a break since 2018.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Five of the last ten came late. The 2022 accounts came latest: 59 days after the end of the period.

Position in the sector

€97,480

Higher net result than 95% of companies in specialised construction. Sector median €10,189 · 35,113 companies.

Checked score

93
Excellent
Financially stronger than 59% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

64+4equity 39.5% of total assets
84+18short-term debt 7.8% · cash 27.1%
79+3return on assets 8.2%

Score breakdown

raises risk
2 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 4.35, cash €322,780
Founded in 2013
Calculation

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 43, micro). It does better than 42% of them on solvency, 82% on liquidity, 57% on profitability and 55% on growth.

The bankruptcy probability was computed on 08-11-2026 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).

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as WICKO has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of WICKO itself: 0.1% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,811 companies, not a prediction for WICKO. 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.

Credit verdict

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.35 (4.02 in 2024), above the usual 1.5. Short-term debt is 7.8% and cash 27.1% of total assets. However, 60.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 4.35, cash €322,780
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
40 days late
2023
31 days late
2022
59 days late
2021
52 days early
2020
33 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

WM
Wies Mathieu
Manager, since 18-01-2013
  • Wies Mathieu 80%annual accounts 2021
  • Tiffany Verhaert 20%annual accounts 2021
Board & ownership

Recent changes

Registered office moved within Kapellen New registered office: Lobelialaan 31, 2950 Kapellen · Previous registered office: Kazerneweg 7, 2950 Kapellen · Board meeting of 25-01-2019 · Gazette deed
Incorporation published on 31-01-2013 · Gazette deed
First establishment Lobelialaan 31, Kapellen
All 25 events

Comparable companies

same main activity, similar in size and age
Company
WICKO Kapellen €1.2m €190,142 39.5% -
HIMSTONE Kapellen €1.3m €198,192 8.3% -
PASSION & RENOVATION Schaerbeek €1.2m €165,186 13.9% -
BRUYNSEELS PROJECTS Hoegaarden €1.0m €221,928 24.0% -
RJM CONSTRUCTION Molenbeek-Saint-Jean €1.2m €203,176 35.6% -
ML PROJECTS Zandhoven €1.6m €226,616 8.1% 1.4
HOC Antwerp €1.0m €172,933 16.7% -

These companies have the same main activity as WICKO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1m and €1.6m, founded between 2012 and 2016.

Official details

Source: KBO
Status
Active since 17-01-2013Normal situation
Activity
Other specialised construction activitiesNACE 43990
Establishment unit
2.218.031.8902950 Kapellen, since 17-01-2013
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €790,000estimated
€1.2m▼ 1.4%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on WICKO

WICKO files the micro format. That format states no turnover. The gross margin rose from €37,117 in 2013 to €190,142 in 2025.

The balance sheet grew most from 2018 to 2020 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.

Key facts about WICKO

What is the company number of WICKO?
The company number of WICKO is 0502.589.959. The VAT number is the same number with BE in front: BE 0502.589.959.
Where is WICKO based?
The registered office is at Lobelialaan 31, 2950 Kapellen.Company details
What does WICKO do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of WICKO?
WICKO is a private limited company (pre-2019) (BVBA).
When was WICKO founded?
WICKO was founded on 17-01-2013.
Is WICKO still active?
Yes, WICKO is an active enterprise in the KBO register.
What is the turnover of WICKO?
The turnover in financial year 2025 is ≈ €790,000. This figure is estimated from the gross margin of €190,142 and 45 comparable companies (NACE 43990). It probably lies between €540,000 and €1.4m.Financials
Is WICKO profitable?
In financial year 2025, WICKO made a profit of €97,480.
Where can I find the annual accounts of WICKO?
WICKO filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WICKO due?
WICKO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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