Skip to content

WIDEC

Active
Private limited companyfounded 200224 yrs activeMaurits Noëstraat 7, 3050 Oud-Heverlee, BelgiumKBO/BCE: BE 0477.236.040

WIDEC has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €273k and a net result of €24k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 3620 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
94 / 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+25
Solvency99▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.04 in 2024), and 39.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.5%
Return on assets
5.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-10-2025, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
on the day
2023
20 d late
2022
12 d late
2021
15 d late
2020
12 d late
2019
2 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close16-09-2026 today31-10-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€273k▲ 9.5%
2024 · €249k
2019: €37k 2020: €77k 2021: €103k 2022: €180k 2023: €240k 2024: €249k
2019 → 2025
Total assets
€451k▼ 1.4%
2024 · €458k
2019: €105k 2020: €131k 2021: €166k 2022: €317k 2023: €399k 2024: €458k
2019 → 2025
Net result
€24k▲ 148%
2024 · €10k
2019: €57k 2020: €40k 2021: €26k 2022: €78k 2023: €59k 2024: €10k
2019 → 2025
Working capital
€199k▲ 7.6%
2024 · €185k
2019: €24k 2020: €59k 2021: €34k 2022: €123k 2023: €189k 2024: €185k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€103k-€180k▲ 75.5%€240k▲ 32.9%€249k▲ 4.0%€273k▲ 9.5%
Operating result€26k-€85k▲ 224%€81k▼ 5.7%€16k▼ 80.2%€36k▲ 124%
Net result€26k-€78k▲ 198%€59k▼ 23.6%€10k▼ 83.8%€24k▲ 148%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €26k€26kNet result 2021: €26k€26kOperating result 2022: €85k€85kNet result 2022: €78k€78kOperating result 2023: €81k€81kNet result 2023: €59k€59kOperating result 2024: €16k€16kNet result 2024: €10k€10kOperating result 2025: €36k€36kNet result 2025: €24k€24k20212022202320242025
The operating result recovers in 2025; 2025 is 124% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €451k
Fixed assets €92k▼ 3.9%
Current assets €359k▼ 0.7%
Equity and liabilities €451k
Equity €273k▲ 9.5%
Debt €178k▼ 14.4%
The debt ratio falls from 45.5% to 39.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€65k
2024 · €40k
Cash flow
€53k
2024 · €34k
Solvency
60.5%
2024 · 54.5%
Current ratio
2.24
2024 · 2.04
Quick ratio
2.19
2024 · 2.00
Debt / equity
0.65
2024 · 0.84
ROE
8.7%
2024 · 3.8%
ROA
5.3%
2024 · 2.1%
Interest coverage
14.33
2024 · 16.30
Debt
€178k
2024 · €208k
Debt ≤ 1 year
€160k
2024 · €177k
Debt > 1 year
€18k
2024 · €31k
Income taxes
€11k
2024 · €5k
Staff costs
€409k
2024 · €363k
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€458k€451k
Fixed assets21/28€96k€92k
Tangible fixed assets22/27€96k€92k
Plant, machinery and equipment23€19k€29k
Leasing and similar rights25€8k€3k
Other tangible fixed assets26€69k€60k
Current assets29/58€362k€359k
Stocks and contracts in progress3€8k€8k
Stocks30/36€8k€8k
Amounts receivable within one year40/41€24k€48k
Trade receivables40-€44k
Other amounts receivable41€24k€4k
Cash at bank and in hand54/58€329k€299k
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€458k€451k
Equity10/15€249k€273k
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€228k€252k
Amounts payable17/49€208k€178k
Amounts payable after more than one year17€31k€18k
Financial debts170/4€31k€18k
Amounts payable within one year42/48€177k€160k
Current portion of amounts payable after more than one year42€14k€13k
Trade debts44€76k€62k
Suppliers440/4€76k€62k
Advances received on contracts in progress46-€540
Taxes, remuneration and social security45€87k€84k
Taxes450/3€49k€32k
Remuneration and social security454/9€39k€52k
Other amounts payable47/48€98€98=
Income statement Code20242025
Remuneration, social security and pensions62€363k€409k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€29k
Other operating charges640/8€3k€3k
Gross operating margin9900€406k€477k
Operating profit (loss)9901€16k€36k
Financial income75/76B€1k€4k
Recurring financial income75€1k€4k
Financial charges65/66B€2k€5k
Recurring financial charges65€2k€5k
Profit (loss) for the period before taxes9903€15k€35k
Income taxes67/77€5k€11k
Profit (loss) for the period9904€10k€24k
Profit (loss) for the period to be appropriated9905€10k€24k
Appropriation of the result
Profit (loss) to be appropriated9906€228k€252k
Profit (loss) brought forward from the previous period14P€218k€228k
Social balance
Average headcount (FTE)90878.18.7

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
13-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Weakest financial yearnet €10k ▼83.8%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
2023
20-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
31-03
Financial Equity above €200kEq €240k ▲32.9%
5 profitable years in a row build equity to €240k.
2022
12-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 12 days late
31-03
Financial Highest result since 2019net €78k ▲198%
Operating result €85k, net result €78k, both a record.
31-03
Financial Equity above €150kEq €180k ▲75.5%
4 profitable years in a row build equity to €180k.
2021
15-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
31-03
Financial Equity above €100kEq €103k ▲34%
3 profitable years in a row build equity to €103k.
2020
12-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2019
29-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
09-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2017
25-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 25 days late
2016
18-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Oud-Heverlee · 1 establishment unit since 2002
establishment The establishment unit on the map
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.

Maurits Noëstraat 73050 Oud-Heverlee
Ground area
1,363 m²
Building footprint
323 m²
Volume, LiDAR
1,629 m³
Parcel 24086D0042/00L000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brasserie Bleu Blanc
Maurits Noëstraat 7, 3050 Oud-HeverleeNACE 5530105
since 20022.096.128.527
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24086D0042/00L000 Flanders 1,363 m² 1 · 323 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 108 EUR awarded · 108 EUR paid
Year Entries awardedpaid
2023 1 0 EUR108 EUR
2022 1 108 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 108 EUR · 108 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Oud-Heverlee2.096.128.527
1 permission
Toelating · Eetgelegenheid · since 01-01-2006

Similar companies · same sector, comparable size

Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 7,799 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-03-2002
Fiscal year end31-03
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.