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WICOM

Active
Private limited companyfounded 198343 yrs activeMortierhoekstraat(Heu) 4, 8501 Kortrijk, BelgiumKBO/BCE: BE 0424.128.936
Summary

WICOM has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €93,043. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 1214 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
WICOMActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of machinery and equipment not elsewhere classified NACE 28110Repair and maintenance of fabricated metal products NACE 33110
1 site
Size
€2.0mtotal assets 2025
Staff
11.2 FTE
Equity
€1.6m
Profit
€93,043
Turnover not published (abridged schema)
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
FRECOM · 66.67%
Accounts filed 28 d late0 of 1 deed read
Why 95- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Founded in 1983+ Equity €1.6m (78.5% of total assets)+ Profit of €93,043 (FY 2025)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 68% of its sector peers (NACE 25, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 78.5% of total assets
Liquidity 53+7
short-term debt 21.5% · cash 8.5%
Profitability 74+1
return on assets 4.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (747 companies)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%▲ +0.2% vs 11-2024highest value 01-2025: 1.6%▼ -6.4% vs 12-2024 02-2025: 1.6%● 0.0% vs 01-2025 03-2025: 1.6%● 0.0% vs 02-2025 04-2025: 0.4%▼ -77.2% vs 03-2025 05-2025: 0.4%● 0.0% vs 04-2025 06-2025: 0.4%● 0.0% vs 05-2025 07-2025: 0.4%● 0.0% vs 06-2025 08-2025: 0.4%● 0.0% vs 07-2025 09-2025: 0.4%● 0.0% vs 08-2025 10-2025: 0.4%▲ +7.6% vs 09-2025 11-2025: 0.2%▼ -57.5% vs 10-2025 12-2025: 0.2%▲ +1.8% vs 11-2025 01-2026: 0.2%▲ +21.5% vs 12-2025 02-2026: 0.3%▲ +66.0% vs 01-2026 03-2026: 0.4%▲ +25.6% vs 02-2026 04-2026: 0.1%▼ -76.4% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%● 0.0% vs 05-2026lowest value 07-2026: 0.1%● 0.0% vs 06-2026lowest value 08-2026: 0.1%● 0.0% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%▲ +5.8% vs 09-2026
  • Founded in 1983 lowers the probability for this profile
  • Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
  • Equity €1.6m (78.5% of total assets) lowers the probability
  • Profit of €93,043 (FY 2025) lowers the probability
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 3.64 against 4.18 in 2024; short-term debt: 21.5% and cash: 8.5% of total assets), and 21.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, small). Better than this share of them on solvency 94%, liquidity 63%, profitability 60%, growth against the median 56%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1983
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Equity €1.6m (78.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Profit of €93,043 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
28 d late
2022
30 d late
2021
30 d late
2020
28 d late
2019
30 d early
2018
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Positive: Among the best 16% on solvencysector median 46.7% · 1,214 companies 78.5% View
  • Controlled by FRECOM 66.67% View
  • Positive: 6 profitable years in a rowprofit 2025: €93,043 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.0m
Profit
€93,043
Solvency
78.5%
Total assets▲ 3.2%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2016
Next accounts
by 31-01-2027
  1. 28-02-2026Annual accounts filed
  2. 28-02-2025Annual accounts filed
  3. 30-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
13-06-1983
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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