WIDE AREA NETWORK
ActiveWIDE AREA NETWORK has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €583. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-7
Solvency75▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.51 in 2024; short-term debt: 49.6% and cash: 82.1% of total assets), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
1.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 filingsDeviation from the deadline
2025
24 d late
2024
31 d late
2023
24 d late
2022
1 d early
2021
11 d early
2020
29 d early
2018
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▲ 2.2%
2024 · €27k
2018: €585
2020: €21k
2021: €29k
2022: €27k
2023: €23k
2024: €27k
2018 → 2025
Total assets
€54k▲ 3.7%
2024 · €52k
2018: €28k
2020: €24k
2021: €41k
2022: €44k
2023: €32k
2024: €52k
2018 → 2025
Net result
€583▼ 83.5%
2024 · €4k
2018: €6k
2020: €14k
2021: €8k
2022: €-1k
2023: €-4k
2024: €4k
2018 → 2025
Working capital
€20k▲ 51.3%
2024 · €13k
2018: €-665
2020: €15k
2021: €26k
2022: €18k
2023: €9k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€27k▼ 4.6%€23k▼ 15.9%€27k▲ 15.3%€27k▲ 2.2%
Operating result€10k-€-1k€-4k▼ 262%€4k€3k▼ 40.0%
Net result€8k-€-1k€-4k▼ 228%€4k€583▼ 83.5%
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 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€8k▼ 44.4%
Current assets
€46k▲ 20.8%
Equity and liabilities €54k
Equity
€27k▲ 2.2%
Debt
€27k▲ 5.3%
The debt ratio rises from 48.9% to 49.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▼
2024 · €9k
Cash flow
€7k▼
2024 · €8k
Solvency
50.4%▼
2024 · 51.1%
Current ratio
1.73▲
2024 · 1.51
Quick ratio
1.68▲
2024 · 1.45
Debt / equity
0.98▲
2024 · 0.96
ROE
2.1%▼
2024 · 13.3%
ROA
1.1%▼
2024 · 6.8%
Interest coverage
19.56▼
2024 · 25.70
Debt
€27k▲
2024 · €25k
Debt ≤ 1 year
€27k▲
2024 · €25k
Income taxes
€2k▲
2024 · €571
Staff costs
€1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€52k€54k▲
Fixed assets21/28€14k€8k▼
Tangible fixed assets22/27€14k€8k▼
Furniture and vehicles24€14k€8k▼
Current assets29/58€38k€46k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€22k€541▼
Trade receivables40€22k€510▼
Other amounts receivable41€31€31=
Cash at bank and in hand54/58€15k€44k▲
Equity and liabilities
Total equity and liabilities10/49€52k€54k▲
Equity10/15€27k€27k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€7k€7k▲
Amounts payable17/49€25k€27k▲
Amounts payable within one year42/48€25k€27k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€7k€8k▲
Other amounts payable47/48€17k€15k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€10k€12k▲
Operating profit (loss)9901€4k€3k▼
Financial charges65/66B€349€446▲
Recurring financial charges65€349€446▲
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€571€2k▲
Profit (loss) for the period9904€4k€583▼
Profit (loss) for the period to be appropriated9905€4k€583▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€7k▲
Profit (loss) brought forward from the previous period14P€3k€7k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €14k ▲118%
Operating result €14k, net result €14k, both a record.
31-12
Financial
Liquidity times 6current ratio 5.41
Current ratio from 0.98 to 5.41; short-term debt falls from €28k to €3k.
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Seraing · 1 establishment unit since 1999
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.
Rue de Plainevaux 2224100 SeraingGround area
408 m²
Building footprint
90 m²
Volume, LiDAR
783 m³
2 parcels, Wallonia · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Rotheux 45, 4100 Seraing
since 19992.091.679.987
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62356F0122/00H073 | Wallonia | 305 m² | 1 · 63 m² | 9.5 m · 3 fl. |
| 62354C0031/00R003 | Wallonia | 104 m² | 1 · 27 m² | 9.0 m · 3 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.
Similar companies · same sector, comparable size
IMLER Kasregisters
BE 0749.751.701
Schelle · Eq €27k
MOBILE WORLD
BE 1006.663.030
Mechelen · Eq €27k
USW
BE 0500.980.056
Gent · Eq €27k
ICT Distribution Belgium
BE 0759.716.767
Zaventem · Eq €27k
MAC.C
BE 0466.686.695
Gent · Eq €27k
Of 2,126 companies in sector 46500 we hold annual accounts for 1,403. 721 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-1999
Fiscal year end31-12
Abbreviation FR
W.A.N.
Activities, NACEBEL
46500Wholesale of information and communication equipment
46660Wholesale trade
51850
47400Retail sale of information and communication equipment
47410Retail trade
52487
62010Computer programming, consultancy and related activities
62100Computer programming
72220
92340
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.