WIKA
ActiveSummary
WIKA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €145k and a net result of €28k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▼-2
Solvency60▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.56 in 2023; short-term debt: 27.3% and cash: 39.4% of total assets), but 64.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← 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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
40 d early
2022
14 d early
2021
38 d early
2020
46 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€145k▲ 24.0%
2023 · €117k
2018: €50klowest in 7 years
2019: €60k▲ +18.7% vs 2018
2020: €74k▲ +24.4% vs 2019
2021: €89k▲ +19.7% vs 2020
2022: €87k▼ -2.1% vs 2021
2023: €117k▲ +34.2% vs 2022
2024: €145k▲ +24.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€408k▲ 12.7%
2023 · €362k
2018: €254k
2019: €247k▼ -2.6% vs 2018lowest in 7 years
2020: €264k▲ +7.1% vs 2019
2021: €281k▲ +6.3% vs 2020
2022: €312k▲ +11.0% vs 2021
2023: €362k▲ +16.1% vs 2022
2024: €408k▲ +12.7% vs 2023highest in 7 years
2018 → 2024
Net result
€28k▼ 5.9%
2023 · €30k
2018: €2klowest in 7 years
2019: €9k▲ +450% vs 2018
2020: €15k▲ +55.0% vs 2019
2021: €15k▲ +0.6% vs 2020
2022: €2k▼ -86.1% vs 2021
2023: €30k▲ +1356% vs 2022highest in 7 years
2024: €28k▼ -5.9% vs 2023
2018 → 2024
Working capital
€67k▲ 26.1%
2023 · €53k
2018: €17klowest in 7 years
2019: €25k▲ +50.2% vs 2018
2020: €29k▲ +15.7% vs 2019
2021: €49k▲ +66.9% vs 2020
2022: €58k▲ +19.4% vs 2021
2023: €53k▼ -8.6% vs 2022
2024: €67k▲ +26.1% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€74k-€89k▲ 19.7%€87k▼ 2.1%€117k▲ 34.2%€145k▲ 24.0%
2020: €74klowest in 5 years
2021: €89k▲ +19.7% vs 2020
2022: €87k▼ -2.1% vs 2021
2023: €117k▲ +34.2% vs 2022
2024: €145k▲ +24.0% vs 2023highest in 5 years
Operating result€21k-€18k▼ 12.2%€8k▼ 57.2%€41k▲ 429%€42k▲ 2.1%
2020: €21k
2021: €18k▼ -12.2% vs 2020
2022: €8k▼ -57.2% vs 2021lowest in 5 years
2023: €41k▲ +429% vs 2022
2024: €42k▲ +2.1% vs 2023highest in 5 years
Net result€15k-€15k▲ 0.6%€2k▼ 86.1%€30k▲ 1,356%€28k▼ 5.9%
2020: €15k
2021: €15k▲ +0.6% vs 2020
2022: €2k▼ -86.1% vs 2021lowest in 5 years
2023: €30k▲ +1356% vs 2022highest in 5 years
2024: €28k▼ -5.9% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €408k
Fixed assets
€230k ▲ 6.9%
Current assets
€178k ▲ 21.2%
Equity and liabilities €408k
Equity
€145k ▲ 24.0%
Debt
€263k ▲ 7.3%
Debt's share of the balance-sheet total falls from 67.8% to 64.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86k▲
2023 · €83k
Cash flow
€72k▲
2023 · €71k
Current ratio
1.60▲
2023 · 1.56
Quick ratio
1.58▲
2023 · 1.56
Debt to equity
1.82▼
2023 · 2.10
ROE
19.3%▼
2023 · 25.5%
ROA
6.9%▼
2023 · 8.2%
Interest coverage
11.49▼
2023 · 11.92
Debt ≤ 1 year
€111k▲
2023 · €94k
Debt > 1 year
€143k▼
2023 · €147k
Income taxes
€7k▲
2023 · €4k
Staff costs
€112k▲
2023 · €91k
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 · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€362k€408k▲
Fixed assets21/28€215k€230k▲
Tangible fixed assets22/27€215k€230k▲
Land and buildings22€67k€61k▼
Plant, machinery and equipment23€18k€14k▼
Furniture and vehicles24€99k€126k▲
Other tangible fixed assets26€31k€29k▼
Current assets29/58€147k€178k▲
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€607€6k▲
Trade receivables40€459€5k▲
Other amounts receivable41€148€1k▲
Cash at bank and in hand54/58€141k€161k▲
Deferred charges and accrued income490/1€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€362k€408k▲
Equity10/15€117k€145k▲
Contributions10/11€8k€8k=
Reserves13€86k€114k▲
Distributable reserves133€86k€114k▲
Profit (loss) carried forward14€23k€23k=
Amounts payable17/49€245k€263k▲
Amounts payable after more than one year17€147k€143k▼
Financial debts170/4€147k€143k▼
Amounts payable within one year42/48€94k€111k▲
Current portion of amounts payable after more than one year42€36k€48k▲
Trade debts44€7k€11k▲
Suppliers440/4€7k€11k▲
Taxes, remuneration and social security45€36k€37k▲
Taxes450/3€18k€19k▲
Remuneration and social security454/9€18k€18k▼
Other amounts payable47/48€15k€15k▼
Accrued charges and deferred income492/3€5k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62€91k€112k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€44k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€177k€201k▲
Operating profit (loss)9901€41k€42k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€34k€35k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€30k€28k▼
Profit (loss) for the period to be appropriated9905€30k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€51k▼
Profit (loss) brought forward from the previous period14P€23k€23k=
Transfer to equity691/2€30k€28k▼
To the legal reserve6920-€28k
To other reserves6921€30k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €76k | €77k | €91k | €112k | ▲ 22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €30k | €26k | €42k | €44k | ▲ 4.6% |
| Other operating charges640/8 | - | €3k | €4k | €3k | €4k | ▲ 35.8% |
| Gross operating margin9900 | €123k | €128k | €114k | €177k | €201k | ▲ 13.6% |
| Operating profit (loss)9901 | €21k | €18k | €8k | €41k | €42k | ▲ 2.1% |
| Financial income75/76B | - | - | - | - | €10 | - |
| Recurring financial income75 | €17 | - | - | - | €10 | - |
| Financial charges65/66B | - | €4k | €6k | €7k | €7k | ▲ 7.2% |
| Recurring financial charges65 | €4k | €4k | €6k | €7k | €7k | ▲ 7.2% |
| Profit (loss) for the period before taxes9903 | €16k | €14k | €2k | €34k | €35k | ▲ 1.1% |
| Income taxes67/77 | €2k | €-261 | - | €4k | €7k | ▲ 47.7% |
| Profit (loss) for the period9904 | €15k | €15k | €2k | €30k | €28k | ▼ 5.9% |
| Profit (loss) for the period to be appropriated9905 | €15k | €15k | €2k | €30k | €28k | ▼ 5.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €264k | €281k | €312k | €362k | €408k | ▲ 12.7% |
| Fixed assets21/28 | €180k | €159k | €178k | €215k | €230k | ▲ 6.9% |
| Tangible fixed assets22/27 | €180k | €159k | €178k | €215k | €230k | ▲ 6.9% |
| Land and buildings22 | - | €77k | €72k | €67k | €61k | ▼ 7.9% |
| Plant, machinery and equipment23 | - | €2k | €3k | €18k | €14k | ▼ 22.3% |
| Furniture and vehicles24 | - | €41k | €69k | €99k | €126k | ▲ 26.3% |
| Other tangible fixed assets26 | - | €38k | €35k | €31k | €29k | ▼ 6.9% |
| Current assets29/58 | €84k | €123k | €134k | €147k | €178k | ▲ 21.2% |
| Stocks and contracts in progress3 | - | - | - | - | €3k | - |
| Stocks30/36 | - | - | - | - | €3k | - |
| Amounts receivable within one year40/41 | €5k | €21k | €15k | €607 | €6k | ▲ 931% |
| Trade receivables40 | - | €9k | €3k | €459 | €5k | ▲ 1,024% |
| Other amounts receivable41 | - | €11k | €12k | €148 | €1k | ▲ 642% |
| Cash at bank and in hand54/58 | €80k | €101k | €114k | €141k | €161k | ▲ 14.5% |
| Deferred charges and accrued income490/1 | - | €1k | €5k | €6k | €9k | ▲ 41.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €264k | €281k | €312k | €362k | €408k | ▲ 12.7% |
| Equity10/15 | €74k | €89k | €87k | €117k | €145k | ▲ 24.0% |
| Contributions10/11 | €6k | €8k | €8k | €8k | €8k | = |
| Reserves13 | €46k | €58k | €56k | €86k | €114k | ▲ 32.7% |
| Distributable reserves133 | - | €58k | €56k | €86k | €114k | ▲ 32.7% |
| Profit (loss) carried forward14 | €23k | €23k | €23k | €23k | €23k | = |
| Amounts payable17/49 | €190k | €192k | €225k | €245k | €263k | ▲ 7.3% |
| Amounts payable after more than one year17 | €135k | €116k | €129k | €147k | €143k | ▼ 2.2% |
| Financial debts170/4 | - | €116k | €129k | €147k | €143k | ▼ 2.2% |
| Amounts payable within one year42/48 | €55k | €74k | €75k | €94k | €111k | ▲ 18.4% |
| Current portion of amounts payable after more than one year42 | - | €19k | €25k | €36k | €48k | ▲ 36.1% |
| Trade debts44 | €109 | €9k | €8k | €7k | €11k | ▲ 48.8% |
| Suppliers440/4 | - | €9k | €8k | €7k | €11k | ▲ 48.8% |
| Taxes, remuneration and social security45 | - | €46k | €43k | €36k | €37k | ▲ 3.3% |
| Taxes450/3 | - | €19k | €5k | €18k | €19k | ▲ 8.1% |
| Remuneration and social security454/9 | - | €27k | €38k | €18k | €18k | ▼ 1.5% |
| Other amounts payable47/48 | - | - | - | €15k | €15k | ▼ 2.1% |
| Accrued charges and deferred income492/3 | - | €3k | €20k | €5k | €9k | ▲ 80.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €15k | €2k | €30k | €28k | ▼ 5.9% |
| + Depreciation and write-downs630 | €32k | €30k | €26k | €42k | €44k | ▲ 4.6% |
| Operating cash flow (approximation) | €46k | €45k | €28k | €71k | €72k | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | €-9k | €-45k | €-78k | €-58k | ▲ 25.5% |
| Change in cash | - | €21k | €13k | €26k | €20k | ▼ 22.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €30k ▲1,356%
Net result €30k, the highest in the series.
31-12
Financial
Equity above €100kEq €117k ▲34.2%
6 profitable years in a row build equity to €117k.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Tessenderlo-Ham · 2 establishment units since 2012
Ground area
2,479 m²
Building footprint
661 m²
Volume, LiDAR
7,813 m³
2 parcels, Flanders · tallest building 20.3 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
WIKA
since 20122.209.164.805
WIKA
since 20182.278.649.566
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0525/00R003 | Flanders | 1,481 m² | 1 · 541 m² | 20.3 m · 5 fl. |
| 71362B0315/00Z000 | Flanders | 998 m² | 1 · 119 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2023 to 2025 · 3 entries · 1,254 EUR awarded · 881 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 576 EUR | 559 EUR |
| 2024 | 1 | 144 EUR | 144 EUR |
| 2023 | 1 | 534 EUR | 178 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTessenderlo-Ham2.209.164.805
Similar companies · same sector, comparable size
TOP-SECURITY
BE 0548.904.786
Asse · Eq €144,824
ESCAM J.C.
BE 0450.952.901
Braine-le-Château · Eq €145,133
APEX
BE 0895.866.165
Kasterlee · Eq €145,317
DE HEUVELLANDSE RIJSCHOOL
BE 0869.775.046
Ieper · Eq €149,278
ESCAM FOREST
BE 0429.709.604
Beersel · Eq €150,260
Of 1,038 companies in sector 85531 we hold annual accounts for 347. 270 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
85531Driving schools for cars and motorcycles
Contact
Website
www.rijschoolwika.be
E-mail
info@rijschoolwika.be
E-mail
wim.raymakers@telenet.beTessenderlo-Ham
Scores and ratios are computed by Checked and are not a credit decision.