WIRELINE
ActiveSummary
WIRELINE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €576k and a net result of €100k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+1
Solvency73▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.96 against 2.9 in 2024; short-term debt: 28.1% and cash: 1.8% of total assets), but 52.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
47.9%
Return on assets
8.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 09-04-2026, 113 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
113 d early
2024
122 d early
2023
58 d early
2022
166 d early
2021
101 d early
2020
53 d early
2019
126 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, abbreviated schema
Equity
€576k▲ 0.3%
2024 · €574k
Total assets
€1.20M▲ 6.8%
2024 · €1.13M
Net result
€100k▲ 25.5%
2024 · €79k
Working capital
€663k=
2024 · €664k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€84k▼ 72.1%€243k▲ 189%€23k▼ 90.6%€90k▲ 294%€114k▲ 27.1%
Net result€62k▼ 72.8%€183k▲ 195%€3k▼ 98.5%€79k▲ 2,740%€100k▲ 25.5%
Equity€421k▲ 9.3%€569k▲ 35.1%€572k▲ 0.5%€574k▲ 0.3%€576k▲ 0.3%
Total assets€992k▲ 4.8%€1.18M▲ 18.8%€1.09M▼ 7.2%€1.13M▲ 3.0%€1.20M▲ 6.8%
Debt€570k▲ 1.7%€608k▲ 6.7%€520k▼ 14.5%€552k▲ 6.0%€627k▲ 13.6%
Working capital€579k▲ 39.3%€767k▲ 32.5%€693k▼ 9.6%€664k▼ 4.2%€663k=
Staff (FTE)8.6▲ 41.0%10.8▲ 25.6%9▼ 16.7%8▼ 11.1%6▼ 25.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€201k ▲ 78.1%
Current assets
€1.00M ▼ 1.1%
Equity and liabilities €1.20M
Equity
€576k ▲ 0.3%
Debt
€627k ▲ 13.6%
Debt's share of the balance-sheet total rises from 49.0% to 52.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€174k▲
2024 · €141k
Cash flow
€159k▲
2024 · €130k
Current ratio
2.96▲
2024 · 2.90
Quick ratio
2.30▲
2024 · 2.28
Debt to equity
1.09▲
2024 · 0.96
ROE
17.3%▲
2024 · 13.8%
ROA
8.3%▲
2024 · 7.0%
Interest coverage
13.18▼
2024 · 14.70
Debt ≤ 1 year
€338k▼
2024 · €349k
Debt > 1 year
€284k▲
2024 · €199k
Income taxes
€1k▲
2024 · €989
Staff costs
€479k▼
2024 · €600k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1k | €5k | €4k | €11k | €10k | ▼ 13.1% |
| Remuneration, social security and pensions62 | €570k | €685k | €680k | €600k | €479k | ▼ 20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39k | €49k | €47k | €51k | €60k | ▲ 18.1% |
| Other operating charges640/8 | €6k | €7k | €8k | €8k | €8k | ▼ 2.2% |
| Gross operating margin9900 | €699k | €984k | €758k | €748k | €661k | ▼ 11.7% |
| Operating profit (loss)9901 | €84k | €243k | €23k | €90k | €114k | ▲ 27.1% |
| Financial income75/76B | €1k | €440 | €0 | €0 | €1 | ▲ 181% |
| Recurring financial income75 | €1k | €440 | €0 | €0 | €1 | ▲ 181% |
| Financial charges65/66B | €8k | €9k | €17k | €10k | €13k | ▲ 38.2% |
| Recurring financial charges65 | €8k | €9k | €8k | €10k | €13k | ▲ 38.2% |
| Non-recurring financial charges66B | - | - | €9k | - | - | - |
| Profit (loss) for the period before taxes9903 | €77k | €235k | €6k | €80k | €101k | ▲ 25.8% |
| Income taxes67/77 | €15k | €52k | €3k | €989 | €1k | ▲ 44.6% |
| Profit (loss) for the period9904 | €62k | €183k | €3k | €79k | €100k | ▲ 25.5% |
| Profit (loss) for the period to be appropriated9905 | €62k | €183k | €3k | €79k | €100k | ▲ 25.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €992k | €1.18M | €1.09M | €1.13M | €1.20M | ▲ 6.8% |
| Fixed assets21/28 | €115k | €142k | €137k | €113k | €201k | ▲ 78.1% |
| Tangible fixed assets22/27 | €108k | €134k | €129k | €105k | €201k | ▲ 91.8% |
| Plant, machinery and equipment23 | €71k | €110k | €84k | €61k | €66k | ▲ 9.4% |
| Furniture and vehicles24 | €30k | €19k | €39k | €40k | €55k | ▲ 34.8% |
| Other tangible fixed assets26 | €7k | €6k | €5k | €4k | €81k | ▲ 1,935% |
| Financial fixed assets28 | €7k | €7k | €8k | €8k | - | - |
| Current assets29/58 | €876k | €1.04M | €956k | €1.01M | €1.00M | ▼ 1.1% |
| Stocks and contracts in progress3 | €152k | €194k | €203k | €218k | €223k | ▲ 2.5% |
| Stocks30/36 | €128k | €184k | €191k | €188k | €195k | ▲ 3.6% |
| Contracts in progress37 | €23k | €10k | €12k | €29k | €28k | ▼ 4.2% |
| Amounts receivable within one year40/41 | €440k | €168k | €394k | €714k | €689k | ▼ 3.5% |
| Trade receivables40 | €371k | €159k | €260k | €361k | €225k | ▼ 37.6% |
| Other amounts receivable41 | €69k | €9k | €134k | €353k | €464k | ▲ 31.4% |
| Cash at bank and in hand54/58 | €264k | €649k | €316k | €30k | €22k | ▼ 28.8% |
| Deferred charges and accrued income490/1 | €21k | €25k | €43k | €51k | €68k | ▲ 32.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €992k | €1.18M | €1.09M | €1.13M | €1.20M | ▲ 6.8% |
| Equity10/15 | €421k | €569k | €572k | €574k | €576k | ▲ 0.3% |
| Contributions10/11 | €35k | €35k | €35k | €35k | €35k | = |
| Reserves13 | €386k | €534k | €537k | €539k | €541k | ▲ 0.3% |
| Distributable reserves133 | €386k | €534k | €537k | €539k | €541k | ▲ 0.3% |
| Amounts payable17/49 | €570k | €608k | €520k | €552k | €627k | ▲ 13.6% |
| Amounts payable after more than one year17 | €271k | €335k | €249k | €199k | €284k | ▲ 42.8% |
| Financial debts170/4 | €271k | €335k | €249k | €199k | €284k | ▲ 42.8% |
| Amounts payable within one year42/48 | €298k | €270k | €263k | €349k | €338k | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | €19k | €11k | €11k | €50k | - | - |
| Financial debts43 | €17k | - | - | €55k | - | - |
| Credit institutions430/8 | €17k | - | - | €55k | - | - |
| Trade debts44 | €123k | €99k | €144k | €97k | €174k | ▲ 79.8% |
| Suppliers440/4 | €123k | €99k | €144k | €97k | €174k | ▲ 79.8% |
| Taxes, remuneration and social security45 | €113k | €125k | €107k | €64k | €59k | ▼ 6.8% |
| Taxes450/3 | €38k | €45k | €41k | €18k | €5k | ▼ 69.5% |
| Remuneration and social security454/9 | €75k | €80k | €66k | €46k | €54k | ▲ 17.2% |
| Other amounts payable47/48 | €26k | €35k | €703 | €83k | €104k | ▲ 24.9% |
| Accrued charges and deferred income492/3 | €2k | €4k | €9k | €4k | €5k | ▲ 37.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62k | €183k | €3k | €79k | €100k | ▲ 25.5% |
| + Depreciation and write-downs630 | €39k | €49k | €47k | €51k | €60k | ▲ 18.1% |
| Operating cash flow (approximation) | €101k | €232k | €50k | €130k | €159k | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | €-75k | €-43k | €-27k | €-148k | ▼ 453% |
| Change in cash | - | €385k | €-333k | €-285k | €-9k | ▲ 96.9% |
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
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €3k ▼98.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
15-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €569k ▲35.1%
5 profitable years in a row build equity to €569k.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €228k ▲70.4%
Operating result €302k, net result €228k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €258k ▲108%
2 profitable years in a row build equity to €258k.
13-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Heist-op-den-Berg · 1 establishment unit since 2016
Ground area
8.4 ha
Building footprint
1,228 m²
Parcel 12322I1418/00H000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Wireline
since 20162.255.412.920
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I1418/00H000 | Flanders | 8.4 ha | 1 · 1,228 m² | - |
Linked by address, not proof of ownership
Good to know
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 2025 · 4 entries · 4,611 EUR awarded · 4,151 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 667 EUR | 749 EUR |
| 2024 | 1 | 1,457 EUR | 915 EUR |
| 2023 | 1 | 1,522 EUR | 1,522 EUR |
| 2022 | 1 | 965 EUR | 965 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesWIRELINE BV38292
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Of 1,824 companies in sector 42220 we hold annual accounts for 956. 510 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
Founded12-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
61100Wired, wireless and satellite telecommunications
Scores and ratios are computed by Checked and are not a credit decision.