WIDEGO
ActiveSummary
WIDEGO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €598k and a net result of €216k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91=
Solvency75▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 2.0 in 2024; short-term debt: 50.2% and cash: 22.8% of total assets), but 50.2% 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 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 47
Relative position
BE, all sectors
reference
Sector 47
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
49.8%
Return on assets
18%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
14 d late
2023
1 d early
2022
29 d late
2021
12 d late
2020
23 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€216k▲ 69.0%
2024 · €128k
2018: €19k
2019: €24k
2020: €12k
2021: €17k
2022: €34k
2023: €115k
2024: €128k
2018 → 2025
Working capital
€571k▲ 64.3%
2024 · €347k
2018: €62k
2019: €110k
2020: €158k
2021: €194k
2022: €238k
2023: €355k
2024: €347k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€206k-€240k▲ 16.5%€356k▲ 48.0%€382k▲ 7.6%€598k▲ 56.4%
Operating result€29k-€57k▲ 93.8%€167k▲ 193%€170k▲ 1.6%€292k▲ 71.9%
Net result€17k-€34k▲ 96.1%€115k▲ 238%€128k▲ 10.7%€216k▲ 69.0%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 72% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€28k ▼ 21.3%
Current assets
€1.17M ▲ 68.8%
Equity and liabilities €1.20M
Equity
€598k ▲ 56.4%
Debt
€603k ▲ 73.4%
Debt's share of the balance-sheet total rises from 47.6% to 50.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€299k▲
2024 · €172k
Cash flow
€223k▲
2024 · €130k
Current ratio
1.95▼
2024 · 2.00
Debt to equity
1.01▲
2024 · 0.91
ROE
36.1%▲
2024 · 33.4%
ROA
18.0%▲
2024 · 17.5%
Interest coverage
215.33▲
2024 · 107.46
Debt ≤ 1 year
€603k▲
2024 · €348k
Income taxes
€75k▲
2024 · €44k
Staff costs
€178k▲
2024 · €165k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€731k€1.20M▲
Fixed assets21/28€35k€28k▼
Tangible fixed assets22/27€35k€28k▼
Furniture and vehicles24€35k€28k▼
Financial fixed assets28€237€237=
Current assets29/58€695k€1.17M▲
Stocks and contracts in progress3€5k-
Stocks30/36€5k-
Amounts receivable within one year40/41€383k€694k▲
Trade receivables40€336k€643k▲
Other amounts receivable41€47k€51k▲
Current investments50/53€100k€200k▲
Cash at bank and in hand54/58€200k€275k▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€731k€1.20M▲
Equity10/15€382k€598k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€314k€530k▲
Amounts payable17/49€348k€603k▲
Amounts payable within one year42/48€348k€603k▲
Trade debts44€229k€580k▲
Suppliers440/4€229k€580k▲
Taxes, remuneration and social security45€18k€24k▲
Taxes450/3€101€4k▲
Remuneration and social security454/9€18k€19k▲
Other amounts payable47/48€101k-
Income statement
Code20242025
Remuneration, social security and pensions62€165k€178k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k▲
Other operating charges640/8€1k€700▼
Gross operating margin9900€338k€478k▲
Operating profit (loss)9901€170k€292k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€1k▼
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€171k€291k▲
Income taxes67/77€44k€75k▲
Profit (loss) for the period9904€128k€216k▲
Profit (loss) for the period to be appropriated9905€128k€216k▲
Appropriation of the result
Profit (loss) to be appropriated9906€415k€530k▲
Profit (loss) brought forward from the previous period14P€287k€314k▲
Profit to be distributed694/7€101k-
Return on contributions (dividend)694€101k-
Social balance
Average headcount (FTE)90873.83.3▼
The notes to these accounts (5 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €216k ▲69%
Operating result €292k, net result €216k, both a record.
31-12
Financial
Equity above €500kEq €598k ▲56.4%
8 profitable years in a row build equity to €598k.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 14 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
31-12
Financial
Equity above €200kEq €206k ▲9.2%
4 profitable years in a row build equity to €206k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €12k ▼47.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Mouscron · 1 establishment unit since 1980
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.
Plavitoutstraat 1747700 MouscronGround area
1.7 ha
Building footprint
732 m²
Parcel 54007B0233/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Plavitoutstraat 174, 7700 Mouscron
since 19802.018.106.576
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0233/00H000 | Wallonia | 1.7 ha | 1 · 731 m² | - |
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.
Similar companies · same sector, comparable size
GARAGE VANDENBROUCKE
BE 0449.176.811
Ieper · Eq €598,788
A.B.CARS
BE 0842.951.873
Mons · Eq €599,401
smart Belgium
BE 0778.295.633
Sint-Lambrechts-Woluwe · Eq €599,825
GARAGE PISCINA
BE 0449.666.165
Saint-Ghislain · Eq €599,869
AUTOBEDRIJF GEUENS
BE 0859.693.875
Lommel · Eq €596,506
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-10-1980
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.