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Wisteria

Active
Private limited companyfounded 20242 years activeGrote Vreunte 53, 3473 Kortenaken, BelgiumKBO/BCE: BE 1012.824.708
Summary

The computed 12-month bankruptcy probability of Wisteria is 2.0% (moderate). The 2025 annual accounts show equity of €10,182 and a net result of €7,182. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Financials · fiscal year 2025, abbreviated schema

Equity
€10,182
Total assets
€231,367
Net result
€7,182
Working capital
-€62,991

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €231,367
Fixed assets €228,417
Current assets €2,950
Equity and liabilities €231,367
Equity €10,182
Debt €221,185
Debt finances 95.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€23,800
Cash flow
€19,009
Current ratio
0.04
Debt to equity
21.72
ROE
70.5%
ROA
3.1%
Interest coverage
9.93
Debt ≤ 1 year
€65,940
Debt > 1 year
€155,245
Income taxes
€2,394

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.3% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 2,135 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€231,367
Fixed assets21/28€228,417
Tangible fixed assets22/27€228,417
Land and buildings22€228,417
Current assets29/58€2,950
Amounts receivable within one year40/41€2,750
Other amounts receivable41€2,750
Cash at bank and in hand54/58€200
Equity and liabilities
Total equity and liabilities10/49€231,367
Equity10/15€10,182
Contributions10/11€3,000
Profit (loss) carried forward14€7,182
Amounts payable17/49€221,185
Amounts payable after more than one year17€155,245
Financial debts170/4€155,245
Amounts payable within one year42/48€65,940
Current portion of amounts payable after more than one year42€22,330
Trade debts44€11,081
Suppliers440/4€11,081
Taxes, remuneration and social security45€2,394
Taxes450/3€2,394
Other amounts payable47/48€30,136
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,827
Other operating charges640/8€787
Gross operating margin9900€24,587
Operating profit (loss)9901€11,973
Financial charges65/66B€2,397
Recurring financial charges65€2,397
Profit (loss) for the period before taxes9903€9,576
Income taxes67/77€2,394
Profit (loss) for the period9904€7,182
Profit (loss) for the period to be appropriated9905€7,182
Appropriation of the result
Profit (loss) to be appropriated9906€7,182

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,827
Other operating charges640/8€787
Gross operating margin9900€24,587
Operating profit (loss)9901€11,973
Financial charges65/66B€2,397
Recurring financial charges65€2,397
Profit (loss) for the period before taxes9903€9,576
Income taxes67/77€2,394
Profit (loss) for the period9904€7,182
Profit (loss) for the period to be appropriated9905€7,182
Line2025
Assets
Total assets20/58€231,367
Fixed assets21/28€228,417
Tangible fixed assets22/27€228,417
Land and buildings22€228,417
Current assets29/58€2,950
Amounts receivable within one year40/41€2,750
Other amounts receivable41€2,750
Cash at bank and in hand54/58€200
Equity and liabilities
Total equity and liabilities10/49€231,367
Equity10/15€10,182
Contributions10/11€3,000
Profit (loss) carried forward14€7,182
Amounts payable17/49€221,185
Amounts payable after more than one year17€155,245
Financial debts170/4€155,245
Amounts payable within one year42/48€65,940
Current portion of amounts payable after more than one year42€22,330
Trade debts44€11,081
Suppliers440/4€11,081
Taxes, remuneration and social security45€2,394
Taxes450/3€2,394
Other amounts payable47/48€30,136
Line2025
Profit (loss) for the period9904€7,182
+ Depreciation and write-downs630€11,827
Operating cash flow (approximation)€19,009

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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