WISER
ActiveSummary
WISER has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,042 and a net result of €11,254. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 30% of 9,811 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- €22,042
- Profit
- €11,254
- COLBERT INVESTISSEMENTDirector · permanent representative LUCAS Xavier Roger Marc
Why 84raises riskLast filed accounts filed 31 days late; 1 of the last 3 lateLiquidity: current ratio 1.27, cash €4,855lowers riskFounded in 2003Size: total assets €92,737Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 35% on solvency, 15% on liquidity, 78% on profitability and 94% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2018 to 2025net €11,254 ▲1,077%
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00486861.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result rises in 2025; 2025 is 6.2 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €387 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | - | - | €637 | - |
| Other operating charges640/8 | - | - | - | - | - | - | - | €209 | - |
| Gross operating margin9900 | -€70 | -€165 | - | - | - | - | €2,216 | €12,213 | ▲ 451% |
| Operating profit (loss)9901 | -€418 | -€513 | - | - | - | - | €1,829 | €11,367 | ▲ 521% |
| Financial income75/76B | - | - | - | - | - | - | €1 | €8 | ▲ 927% |
| Recurring financial income75 | - | - | - | - | - | - | €1 | €4 | ▲ 381% |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €4 | - |
| Financial charges65/66B | - | - | - | - | - | - | €873 | €121 | ▼ 86.1% |
| Recurring financial charges65 | - | - | - | - | - | - | €873 | €121 | ▼ 86.1% |
| Profit (loss) for the period before taxes9903 | -€418 | -€513 | - | - | - | - | €956 | €11,254 | ▲ 12× |
| Profit (loss) for the period9904 | -€418 | -€513 | - | - | - | - | €956 | €11,254 | ▲ 12× |
| Profit (loss) for the period to be appropriated9905 | -€418 | -€513 | - | - | - | - | €956 | €11,254 | ▲ 12× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €15,481 | €14,317 | €14,317 | €14,317 | €14,317 | €14,317 | €39,843 | €92,737 | ▲ 133% |
| Fixed assets21/28 | - | - | - | - | - | - | - | €3,252 | - |
| Tangible fixed assets22/27 | - | - | - | - | - | - | - | €3,252 | - |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €3,252 | - |
| Current assets29/58 | €15,481 | €14,317 | €14,317 | €14,317 | €14,317 | €14,317 | €39,843 | €89,485 | ▲ 125% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €28,111 | €48,012 | ▲ 70.8% |
| Stocks30/36 | - | - | - | - | - | - | €28,111 | €48,012 | ▲ 70.8% |
| Amounts receivable within one year40/41 | €15,104 | €13,940 | €13,940 | €13,940 | €13,940 | €13,940 | €6,586 | €19,500 | ▲ 196% |
| Trade receivables40 | - | - | - | - | - | - | €6,586 | - | - |
| Other amounts receivable41 | - | - | - | €13,940 | €13,940 | €13,940 | - | €19,500 | - |
| Cash at bank and in hand54/58 | €377 | €377 | €377 | €377 | €377 | €377 | €3,109 | €4,855 | ▲ 56.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €2,037 | €17,117 | ▲ 740% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €15,481 | €14,317 | €14,317 | €14,317 | €14,317 | €14,317 | €39,843 | €92,737 | ▲ 133% |
| Equity10/15 | €14,664 | €14,152 | €14,152 | €14,152 | €14,152 | €14,152 | €10,788 | €22,042 | ▲ 104% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Contributions outside capital11 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | - | - |
| Share premium1100/10 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | - | - |
| Reserves13 | €1,860 | €1,860 | €14,260 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €404 | -€108 | -€108 | -€108 | -€108 | -€108 | -€3,472 | €7,782 | - |
| Amounts payable17/49 | €817 | €165 | €165 | €165 | €165 | €165 | €29,054 | €70,694 | ▲ 143% |
| Amounts payable within one year42/48 | €817 | €165 | €165 | €165 | €165 | €165 | €29,054 | €70,694 | ▲ 143% |
| Financial debts43 | - | - | - | - | - | - | - | €6,294 | - |
| Other loans439 | - | - | - | - | - | - | - | €6,294 | - |
| Trade debts44 | €165 | €165 | €165 | €165 | €165 | €165 | €78 | - | - |
| Suppliers440/4 | - | - | - | €165 | €165 | €165 | €78 | - | - |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €3,032 | €18,389 | ▲ 507% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €734 | €21,909 | ▲ 30× |
| Taxes450/3 | - | - | - | - | - | - | €734 | €21,909 | ▲ 30× |
| Other amounts payable47/48 | - | - | - | - | - | - | €25,210 | €24,102 | ▼ 4.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€418 | -€513 | - | - | - | - | €956 | €11,254 | ▲ 12× |
| + Depreciation and write-downs630 | - | - | - | - | - | - | - | €637 | - |
| Operating cash flow (approximation) | -€418 | -€513 | - | - | - | - | €956 | €11,891 | ▲ 12× |
| Change in cash | - | €0 | €0 | €0 | €0 | €0 | €2,731 | €1,746 | ▼ 36.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00486861 |
| 31-12-2024 | full format | 30-07-2025 | 2025-00370252 |
| 31-12-2023 | full format | 31-07-2024 | 2024-00317111 |
| 31-12-2022 | full format | 26-07-2023 | 2023-00287771 |
| 31-12-2021 | full format | 27-07-2022 | 2022-20240224 |
| 31-12-2020 | full format | 27-07-2021 | 2021-41900251 |
| 31-12-2019 | full format | 29-07-2020 | 2020-37800418 |
| 31-12-2018 | full format | 30-07-2019 | 2019-42800008 |
| 31-12-2017 | full format | 31-07-2018 | 2018-41000409 |
| 31-12-2016 | full format | 28-07-2017 | 2017-37500169 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| COLBERT INVESTISSEMENT |
|
Owners and capital
Capital and shareholders
- 29-05-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
29-05
Gazette deed
Resignation: Colbert Investissement (statutory manager)Appointment: Colbert Investissement (statutory director) · Permanent representative: LUCAS Xavier Roger Marc · Name change15 facts ▸
- General meeting, 26-03-2024
- Name change, WISER
- Other provision, “dispense de lecture et communication préalable du rapport de l'organe d'administration, DEUXIÈME RÉSOLUTION” (deed in French)
- Purpose change
- Capital conversion, “compte de capitaux propres statutairement indisponibles” (deed in French)
- Other provision, “adaptation des statuts au Code des sociétés et des associations et maintien de la forme légale, CINQUIÈME RÉSOLUTION” (deed in French)
- Registered-office move, 7503 Tournai (Froyennes),rue de l'Innovation,2
- Director resignation, Colbert Investissement (statutory manager)
- Director appointment, Colbert Investissement (statutory director)
- Permanent representative, LUCAS Xavier Roger Marc
- Director discharge, Colbert Investissement (gérant démissionnaire)
- Amendment of the articles (2 times)
- +3 further facts in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57031B0400/00S000 | Wallonia | 1,541 m² | 1 · 930 m² | 7.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WISER
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, Article 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs” (deed in French)“Administrateur,nommé ou non dans les statuts, sans préavis” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Peuvent porter numéro d’ordre, nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, onéreuses gratuites volontaires forcées exclusion retrait usufruit…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Wednesday of May at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed