Wivine
ActiveWivine has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 26046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-1
Solvency57▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.96 in 2023; short-term debt: 16.5% and cash: 13.4% of total assets), and 68.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €116k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
8 d early
2022
31 d late
2021
26 d early
2020
27 d late
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€116k▲ 42.5%
2023 · €81k
2018: €-5k
2019: €-15k
2020: €-1k
2021: €18k
2022: €43k
2023: €81k
2018 → 2024
Total assets
€365k▲ 1.0%
2023 · €361k
2018: €52k
2019: €69k
2020: €85k
2021: €380k
2022: €355k
2023: €361k
2018 → 2024
Net result
€35k▼ 9.6%
2023 · €38k
2018: €18k
2019: €-10k
2020: €13k
2021: €19k
2022: €25k
2023: €38k
2018 → 2024
Working capital
€17k
2023 · €-3k
2018: €5k
2019: €8k
2020: €13k
2021: €-59k
2022: €-38k
2023: €-3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-1k-€18k€43k▲ 141%€81k▲ 88.6%€116k▲ 42.5%
Operating result€15k-€24k▲ 62.9%€32k▲ 30.9%€53k▲ 66.4%€51k▼ 3.8%
Net result€13k-€19k▲ 42.8%€25k▲ 31.2%€38k▲ 51.2%€35k▼ 9.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €365k
Fixed assets
€288k▼ 1.4%
Current assets
€77k▲ 11.0%
Equity and liabilities €365k
Equity
€116k▲ 42.5%
Debt
€249k▼ 11.1%
The debt ratio falls from 77.5% to 68.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▼
2023 · €81k
Cash flow
€59k▼
2023 · €66k
Solvency
31.7%▲
2023 · 22.5%
Current ratio
1.28▲
2023 · 0.96
Quick ratio
1.02▲
2023 · 0.72
Debt / equity
2.15▼
2023 · 3.45
ROE
29.8%▼
2023 · 47.0%
ROA
9.5%▼
2023 · 10.6%
Interest coverage
24.44▲
2023 · 22.74
Debt
€249k▼
2023 · €280k
Debt ≤ 1 year
€60k▼
2023 · €72k
Debt > 1 year
€183k▼
2023 · €202k
Income taxes
€13k▲
2023 · €11k
Staff costs
€29k▼
2023 · €30k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€361k€365k▲
Fixed assets21/28€292k€288k▼
Tangible fixed assets22/27€292k€288k▼
Land and buildings22€250k€234k▼
Plant, machinery and equipment23€6k€14k▲
Furniture and vehicles24€36k€39k▲
Current assets29/58€69k€77k▲
Stocks and contracts in progress3€18k€15k▼
Stocks30/36€18k€15k▼
Amounts receivable within one year40/41€1k€10k▲
Trade receivables40€1k€2k▲
Other amounts receivable41-€8k
Cash at bank and in hand54/58€48k€49k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€361k€365k▲
Equity10/15€81k€116k▲
Contributions10/11€6k€6k=
Reserves13€37k€71k▲
Distributable reserves133€37k€71k▲
Profit (loss) carried forward14€38k€38k=
Amounts payable17/49€280k€249k▼
Amounts payable after more than one year17€202k€183k▼
Financial debts170/4€202k€183k▼
Amounts payable within one year42/48€72k€60k▼
Current portion of amounts payable after more than one year42€21k€18k▼
Trade debts44€26k€8k▼
Suppliers440/4€26k€8k▼
Taxes, remuneration and social security45€11k€23k▲
Taxes450/3€11k€18k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€13k€11k▼
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20232024
Remuneration, social security and pensions62€30k€29k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€24k▼
Other operating charges640/8€26€26=
Gross operating margin9900€110k€104k▼
Operating profit (loss)9901€53k€51k▼
Financial income75/76B-€45
Recurring financial income75-€45
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€49k€48k▼
Income taxes67/77€11k€13k▲
Profit (loss) for the period9904€38k€35k▼
Profit (loss) for the period to be appropriated9905€38k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€73k▲
Profit (loss) brought forward from the previous period14P-€38k
Transfer to equity691/2-€35k
To other reserves6921-€35k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Equity above €100kEq €116k ▲42.5%
5 profitable years in a row build equity to €116k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €38k ▲51.2%
Operating result €53k, net result €38k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Weakest financial yearnet €-10k ▼158%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Roeselare · 1 establishment unit since 2016
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.
Plaats 58800 RoeselareGround area
215 m²
Building footprint
152 m²
Volume, LiDAR
969 m³
Parcel 36013B0927/00C000, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Plaats 5, 8800 Roeselare
since 20162.256.691.043
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36013B0927/00C000 | Flanders | 215 m² | 1 · 152 m² | 13.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRoeselare2.256.691.043
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DULCE SOMNIUM
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JODIS
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MDP Héritage
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 903 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2016
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.