WIVAN
ActiveWIVAN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.66M and a net result of €-36k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.14 in 2024; short-term debt: 1.5% and cash: 0% of total assets), and 1.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
98.5%
Return on assets
-1.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
14 d early
2022
63 d late
2021
26 d early
2020
30 d late
2019
14 d late
2018
141 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.66M▼ 1.3%
2024 · €2.70M
2018: €1.83M
2019: €1.82M
2020: €1.80M
2021: €2.81M
2022: €2.77M
2024: €2.70M
2018 → 2025
Total assets
€2.70M▼ 1.2%
2024 · €2.74M
2018: €1.88M
2019: €1.84M
2020: €1.83M
2021: €2.84M
2022: €2.81M
2024: €2.74M
2018 → 2025
Net result
€-36k▲ 48.7%
2024 · €-70k
2018: €-13k
2019: €-9k
2020: €-22k
2021: €-21k
2022: €-40k
2024: €-70k
2018 → 2025
Working capital
€14k▲ 163%
2024 · €5k
2018: €-25k
2019: €-8k
2020: €-9k
2021: €-6k
2022: €-2k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€1.80M-€2.81M▲ 55.9%€2.77M▼ 1.4%€2.70M▼ 2.5%€2.66M▼ 1.3%
Operating result€-8k-€-20k▼ 155%€-39k▼ 101%€-66k▼ 69.0%€-33k▲ 50.9%
Net result€-22k-€-21k▲ 2.1%€-40k▼ 90.7%€-70k▼ 72.9%€-36k▲ 48.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33k in 2025 against €66k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.70M
Fixed assets
€2.65M▼ 1.7%
Current assets
€55k▲ 26.4%
Equity and liabilities €2.70M
Equity
€2.66M▼ 1.3%
Debt
€41k▲ 7.6%
The debt ratio rises from 1.4% to 1.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €11k
Cash flow
€9k▲
2024 · €8k
Solvency
98.5%▼
2024 · 98.6%
Current ratio
1.34▲
2024 · 1.14
Quick ratio
1.34▲
2024 · 1.14
Debt / equity
0.02▲
2024 · 0.01
ROE
-1.3%▲
2024 · -2.6%
ROA
-1.3%▲
2024 · -2.6%
Interest coverage
155.89▼
2024 · 160.81
Debt
€41k▲
2024 · €38k
Debt ≤ 1 year
€41k▲
2024 · €38k
Income taxes
€3k▼
2024 · €3k
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€2.74M€2.70M▼
Formation expenses20€1k€1k=
Fixed assets21/28€2.69M€2.65M▼
Tangible fixed assets22/27€1.69M€1.64M▼
Land and buildings22€1.68M€1.64M▼
Plant, machinery and equipment23€7k€6k▼
Financial fixed assets28€1.00M€1.00M=
Current assets29/58€44k€55k▲
Amounts receivable within one year40/41€44k€55k▲
Trade receivables40€1k€8k▲
Other amounts receivable41€42k€47k▲
Cash at bank and in hand54/58€47€60▲
Equity and liabilities
Total equity and liabilities10/49€2.74M€2.70M▼
Equity10/15€2.70M€2.66M▼
Contributions10/11€388k€388k=
Capital10€388k€388k=
Issued capital100€388k€388k=
Revaluation surpluses12€1.96M€1.96M=
Reserves13€347k€347k=
Non-distributable reserves130/1€39k€39k=
Legal reserve130€39k€39k=
Tax-exempt reserves132€202k€202k=
Distributable reserves133€106k€106k=
Profit (loss) carried forward14-€-36k
Amounts payable17/49€38k€41k▲
Amounts payable within one year42/48€38k€41k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€19k€21k▲
Taxes450/3€19k€21k▲
Other amounts payable47/48€12k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€44k▼
Other operating charges640/8€7k€4k▼
Gross operating margin9900€18k€16k▼
Operating profit (loss)9901€-66k€-33k▲
Financial charges65/66B€71€77▲
Recurring financial charges65€71€77▲
Profit (loss) for the period before taxes9903€-66k€-33k▲
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€-70k€-36k▲
Profit (loss) for the period to be appropriated9905€-70k€-36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-164k€-36k▲
Profit (loss) brought forward from the previous period14P€-94k-
Transfer from equity791/2€164k-
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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 63 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.81M ▲55.9%
Equity rises from €1.80M to €2.81M.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 141 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 115 days late
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, Tielt-Winge · 1 establishment unit since 1990
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.
Streekweg 23390 Tielt-WingeGround area
2,776 m²
Building footprint
150 m²
Volume, LiDAR
795 m³
Parcel 24044B0800/00R000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Streekweg 2, 3390 Tielt-Winge
since 19902.048.430.063
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24044B0800/00R000 | Flanders | 2,776 m² | 1 · 150 m² | 8.1 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 82,570 companies in sector 70200 we hold annual accounts for 52,573. 17,026 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-05-1990
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
46231Wholesale of live animals
51230
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.