WIPA
ActiveWIPA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €64k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 16% of 2273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-16
Solvency28▼-72
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.72 against 11.99 in 2024; short-term debt: 96.5% of total assets), and 96.5% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
3.5%
Return on assets
11%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2273 sector peers (2025).
NBB · sector comparisonPosition among 2273 sector peers
Solvency
better than 16%
← weakest
strongest →
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 28-02-2026, 153 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
153 d early
2024
3 d early
2023
12 d early
2022
18 d early
2021
1 d early
2020
16 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20k▼ 96.4%
2024 · €566k
2020: €93k
2021: €273k
2022: €536k
2023: €458k
2024: €566k
2020 → 2025
Total assets
€584k▼ 6.1%
2024 · €623k
2020: €255k
2021: €453k
2022: €638k
2023: €537k
2024: €623k
2020 → 2025
Net result
€64k▼ 40.6%
2024 · €108k
2020: €73k
2021: €180k
2022: €263k
2023: €252k
2024: €108k
2020 → 2025
Working capital
€-160k
2024 · €406k
2020: €25k
2021: €182k
2022: €422k
2023: €321k
2024: €406k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€273k-€536k▲ 96.2%€458k▼ 14.5%€566k▲ 23.6%€20k▼ 96.4%
Operating result€235k-€345k▲ 46.4%€314k▼ 8.9%€128k▼ 59.3%€71k▼ 44.5%
Net result€180k-€263k▲ 45.6%€252k▼ 4.0%€108k▼ 57.1%€64k▼ 40.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 44% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €584k
Fixed assets
€180k=
Current assets
€404k▼ 8.6%
Equity and liabilities €584k
Equity
€20k▼ 96.4%
Debt
€564k▲ 896%
The debt ratio rises from 9.1% to 96.5%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
3.5%▼
2024 · 90.9%
Current ratio
0.72▼
2024 · 11.99
Quick ratio
0.72▼
2024 · 11.99
Debt / equity
27.73▲
2024 · 0.10
ROE
316.0%▲
2024 · 19.1%
ROA
11.0%▼
2024 · 17.4%
Debt
€564k▲
2024 · €57k
Debt ≤ 1 year
€564k▲
2024 · €37k
Income taxes
€16k▼
2024 · €29k
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€623k€584k▼
Fixed assets21/28€180k€180k=
Financial fixed assets28€180k€180k=
Current assets29/58€443k€404k▼
Amounts receivable within one year40/41€406k€399k▼
Other amounts receivable41€406k€399k▼
Current investments50/53€37k€6k▼
Equity and liabilities
Total equity and liabilities10/49€623k€584k▼
Equity10/15€566k€20k▼
Contributions10/11€20k€20k=
Reserves13€546k€347▼
Distributable reserves133€546k€347▼
Amounts payable17/49€57k€564k▲
Amounts payable after more than one year17€20k-
Financial debts170/4€20k-
Amounts payable within one year42/48€37k€564k▲
Current portion of amounts payable after more than one year42€25k€22k▼
Trade debts44-€611
Suppliers440/4-€611
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€12k€13k▲
Other amounts payable47/48-€529k
Accrued charges and deferred income492/3-€150
Income statement
Code20242025
Other operating charges640/8€688€706▲
Gross operating margin9900€129k€72k▼
Operating profit (loss)9901€128k€71k▼
Financial income75/76B€10k€10k▲
Recurring financial income75€10k€10k▲
Financial charges65/66B€918€641▼
Recurring financial charges65€918€641▼
Profit (loss) for the period before taxes9903€137k€80k▼
Income taxes67/77€29k€16k▼
Profit (loss) for the period9904€108k€64k▼
Profit (loss) for the period to be appropriated9905€108k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€64k▼
Transfer from equity791/2-€546k
Transfer to equity691/2€108k-
To other reserves6921€108k-
Profit to be distributed694/7-€610k
Return on contributions (dividend)694-€610k
The notes to these accounts (6 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
28-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €64k ▼40.6%
Net result drops to €64k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €566k ▲23.6%
5 profitable years in a row build equity to €566k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2020net €263k ▲45.6%
Operating result €345k, net result €263k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 12.71
Current ratio from 3.02 to 12.71; short-term debt falls from €90k to €36k.
31-12
Financial
Equity above €500kEq €536k ▲96.2%
3 profitable years in a row build equity to €536k.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 3.02
Current ratio from 1.49 to 3.02.
31-12
Financial
Equity above €200kEq €273k ▲195%
2 profitable years in a row build equity to €273k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Veurne · 1 establishment unit since 2019
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.
Albert I laan 278630 VeurneGround area
4,581 m²
Building footprint
2,015 m²
Volume, LiDAR
10,928 m³
Parcel 38025C0203/00M000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WIPA
since 20192.295.884.783
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0203/00M000 | Flanders | 4,581 m² | 1 · 2,015 m² | 8.2 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.
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,271 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2019
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.