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WIRCO

Active
Private limited companyfounded 20223 yrs activeWestweg 4, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0795.097.122

WIRCO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-24k) and a net result of €-17k. Equity is shrinking by ~113.8% per year across the filed fiscal years. Its solvency ranks better than 12% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
42 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▲+15
Solvency12▼-10
Growth32=
Track record94
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.32 in 2024; short-term debt: 72% and cash: 18.4% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-13.3%
Return on assets
-9.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year €-24k
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 05-06-2026, 56 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
56 d early
2024
57 d early
2023
35 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 months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 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, micro schema

Equity
€-24k▼ 243%
2024 · €-7k
2023: €19k 2024: €-7k
2023 → 2025
Total assets
€180k▼ 15.6%
2024 · €214k
2023: €311k 2024: €214k
2023 → 2025
Net result
€-17k▲ 34.1%
2024 · €-26k
2023: €17k 2024: €-26k
2023 → 2025
Working capital
€-96k▼ 23.2%
2024 · €-78k
2023: €-163k 2024: €-78k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€19k-€-7k€-24k▼ 243%
Operating result€28k-€-19k€-10k▲ 45.9%
Net result€17k-€-26k€-17k▲ 34.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2023: €28k€28kNet result 2023: €17k€17kOperating result 2024: €-19k€-19kNet result 2024: €-26k€-26kOperating result 2025: €-10k€-10kNet result 2025: €-17k€-17k202320242025
The operating result stays negative: a loss of €10k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180k
Fixed assets €147k▼ 17.1%
Current assets €33k▼ 8.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€26k
2024 · €17k
Cash flow
€19k
2024 · €10k
Solvency
-13.3%
2024 · -3.3%
Current ratio
0.26
2024 · 0.32
Quick ratio
0.26
2024 · 0.32
Debt / equity
-8.50
2024 · -31.52
ROA
-9.4%
2024 · -12.1%
Interest coverage
4.00
2024 · 2.58
Debt
€204k
2024 · €221k
Debt ≤ 1 year
€130k
2024 · €115k
Debt > 1 year
€59k
2024 · €83k
Income taxes
€253
2024 · €269
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€214k€180k
Fixed assets21/28€177k€147k
Intangible fixed assets21€177k€141k
Tangible fixed assets22/27€291€6k
Plant, machinery and equipment23-€6k
Furniture and vehicles24€291€0
Current assets29/58€36k€33k
Amounts receivable within one year40/41€12k€0
Trade receivables40€12k€0
Other amounts receivable41€2€0
Cash at bank and in hand54/58€24k€33k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€214k€180k
Equity10/15€-7k€-24k
Contributions10/11€2k€2k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-26k€-43k
Amounts payable17/49€221k€204k
Amounts payable after more than one year17€83k€59k
Financial debts170/4€83k€59k
Amounts payable within one year42/48€115k€130k
Current portion of amounts payable after more than one year42€23k€24k
Trade debts44€2k€5k
Suppliers440/4€2k€5k
Taxes, remuneration and social security45€10k€6k
Taxes450/3€10k€6k
Other amounts payable47/48€81k€96k
Accrued charges and deferred income492/3€23k€15k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k
Other operating charges640/8€1k€1k
Gross operating margin9900€18k€27k
Operating profit (loss)9901€-19k€-10k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€7k€6k
Recurring financial charges65€7k€6k
Profit (loss) for the period before taxes9903€-26k€-17k
Income taxes67/77€269€253
Profit (loss) for the period9904€-26k€-17k
Profit (loss) for the period to be appropriated9905€-26k€-17k
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-43k
Profit (loss) brought forward from the previous period14P-€-26k
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-26k ▼254%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
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, Knokke-Heist · 1 establishment unit since 2023
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.

Westweg 48300 Knokke-Heist
Ground area
636 m²
Building footprint
116 m²
Volume, LiDAR
1,057 m³
Parcel 31039E0276/00F003, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Wirco
Westweg 4, 8300 Knokke-HeistReal estate development
since 20232.339.114.022
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31039E0276/00F003 Flanders 636 m² 1 · 116 m² 11.6 m · 3 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.

Similar companies · same sector, comparable size

Of 11,750 companies in sector 68310 we hold annual accounts for 6,908. 3,856 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-12-2022
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.