Age3 yrs
Real estate2 parcels · 2,963 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of WLF Partners is 2.3% (moderate). The 2024 annual accounts show negative equity (€-22k) and a net result of €-49k. Its solvency ranks better than 5% of 12487 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.3%
Moderate
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Young company
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2024 | 31-07-2025 | 29-08-2025 | 29 d late | 2025-00439261 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-49k
Working capital€28k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -28.6% | 60.5% | |
| Net result | €-49k | €31k | |
| Equity | €-22k | €63k | |
| Gross operating margin | €-45k | €52k | |
| Total assets | €77k | €124k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-45k |
| Net profit | €-49k |
| Cash flow | €-45k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €77k |
| Equity | €-22k |
| Debt | €99k |
| of which ≤ 1y | €9k |
| of which > 1y | - |
| Working capital | €28k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 4.22 |
| Quick ratio | 4.22 |
| Working capital ratio | 36.7% |
| Solvency | -28.6% |
| Debt / equity | -4.50 |
| Long-term debt ratio | - |
| Interest coverage | -76.53 |
| Gross margin | - |
| Net margin | - |
| ROA | -63.8% |
| ROE | 222.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €77k |
| Fixed assets | 21/28 | €40k |
| Intangible fixed assets | 21 | €15k |
| Financial fixed assets | 28 | €25k |
| Current assets | 29/58 | €37k |
| Amounts receivable within one year | 40/41 | €270 |
| Cash & bank | 54/58 | €36k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €77k |
| Equity | 10/15 | €-22k |
| Contributions / capital | 10/11 | €27k |
| Accumulated profits (losses) | 14 | €-49k |
| Amounts payable | 17/49 | €99k |
| Amounts payable within one year | 42/48 | €9k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €-45k |
| Operating result | 9901 | €-48k |
| Financial charges | 65 | €586 |
| Result before taxes | 9903 | €-49k |
| Net result for the period | 9904 | €-49k |
| Result to be appropriated | 9905 | €-49k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed40
/ 100
Weak
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
2 locationsLéopold Wienerlaan 107, 1170 Watermaal-Bosvoorde
since 20232.351.053.534
Louizalaan 480, 1050 Brussel
since 20232.389.243.127
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,963 m²
Buildings2
Building footprint1,316 m²
Volume (LiDAR)90,205 m³
Tallest building106.8 m · ±30 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00V003 | Brussels | 2,791 m² | 1 · 1,235 m² | 106.8 m · 30 fl. |
| 21017D0370/00N014 | Brussels | 171 m² | 1 · 81 m² | 14.7 m · 4 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Company purpose
La Société a pour objet de fonctionner comme une société d'investissement et donc d'investir les ressources qu'elle a attirées. La Société peut tout faire en vue de, directement ou indirectement, effectuer, gérer, faire le suivi, valoriser et monétiser, au sens le plus large, des investissements en actions, en instruments ou droits attachés aux actions (tels que, mais non limités aux, droits de souscription et obligations convertibles), dans d'autres instruments financiers ou droits, en prêts, en obligations et en autres titres de créance ou droits attachés aux dettes. Dans le cadre de ses investissements, la Société a également pour objet: (i) la participation, directe ou indirecte, à la constitution, à la gestion, à l'administration, aux organes d'administration, aux opérations d'exploitation, au contrôle et à la liquidation des sociétés, entreprises, activités, associations et personnes dans lesquelles elle a un intérêt, une participation ou un investissement; (ii) de fournir conseils et assistance, à tous les niveaux possibles, en ce qui concerne les opérations d'exploitation, la gestion, l'administration et les organes d'administration des sociétés, entreprises, activités, associations et personnes dans lesquelles elle a un intérêt, une participation ou un investissement et, d'une manière générale, d'accomplir tous actes qui sont en tout ou partie, directement ou indirectement, inhérents aux activités d'un fonds d'investissement, au sens le plus large; (iii) de fournir des sûretés ou des garanties en faveur d'autres sociétés, entreprises, activités, associations et personnes, ou garantir leurs obligations, agir à titre de leur agent ou représentant, leur accorder des avances, crédits, prêts ou autres formes de financement, ainsi accorder des hypothèques ou autres sûretés; et (iv) de contracter des dettes pour la poursuite de son objectif.
Per act of 12-08-2026
Capital history · 5
12-08-2026
Capital decrease: after: 2.321.231, delta: 1.601.154, amount: 2321231.0, before: 3.922.385, currency: EUR
12-08-2026
Capital increase: after: 4.030.962, delta: 1.709.731, amount: 4030962.0, before: 2.321.231, premium: 94.422, currency: EUR, new_shares: 1.709.731
12-08-2026
Capital increase: after: 4.125.384, delta: 94.422, amount: 4125384.0, before: 4.030.962, source: incorporation de prime d'émission, currency: EUR
12-08-2026
Capital: amount: 4125384.0, shares: 4.102.379, currency: EUR
12-08-2026
Capital: amount: 6526470.0, shares: 6.503.465 Parts sans valeur nominale, dont 6.413.602 Parts de Classe A, 64.863 Parts de Classe B et 25.000 Parts de Classe C, currency: EUR
All acts · 2
updated 4 days ago
2026
12-08-2026 General meeting · Capital decrease · Capital increase · Capital
- Publication: 12/08/2026 · WeLoveFounders Fund
- Filing: 05/08/2026 · WeLoveFounders Fund
- General meeting: 14/07/2025 · WeLoveFounders Fund
- Capital decrease: after: 2.321.231, delta: 1.601.154, amount: 2321231.0, before: 3.922.385, currency: EUR · WeLoveFounders Fund
- Capital increase: after: 4.030.962, delta: 1.709.731, amount: 4030962.0, before: 2.321.231, premium: 94.422, currency: EUR, new_shares: 1.709.731 · WeLoveFounders Fund
- Capital increase: after: 4.125.384, delta: 94.422, amount: 4125384.0, before: 4.030.962, source: incorporation de prime d'émission, currency: EUR · WeLoveFounders Fund
- Capital: amount: 4125384.0, shares: 4.102.379, currency: EUR · WeLoveFounders Fund
- Statute amendment: description: Replacement of articles 5.1 and 5.2 regarding capital and share classes · WeLoveFounders Fund
- Filing representative: scope: procéder aux différentes formalités liées ces décisions, en ce compris la signature des documents de publication au Moniteur belge, mandatary_person: Serge Solau · J.Jordens srl
- Share grouping · WeLoveFounders Fund
- Shareholder composition: commandite: 1, commanditaire: 57, total_partners: 58, commandite_holder: e2 · WeLoveFounders Fund
Summary:
General meeting · Capital decrease · Capital increase · Capital
12-08-2026 Act object · Notarial deed · Purpose · Capital
- Act object: Statuts coordonnés · WeLoveFounders Fund
- Publication: 12/08/2026 · WeLoveFounders Fund
- Filing: 05/08/2026 · WeLoveFounders Fund
- Notarial deed: 24/08/2023 · WeLoveFounders Fund
- Purpose: La Société a pour objet de fonctionner comme une société d'investissement et donc d'investir les ressources qu'elle a attirées. La Société peut tout faire en vue de, directement ou indirectement, effectuer, gérer, faire le suivi, valoriser et monétiser, au sens le plus large, des investissements en actions, en instruments ou droits attachés aux actions (tels que, mais non limités aux, droits de souscription et obligations convertibles), dans d'autres instruments financiers ou droits, en prêts, en obligations et en autres titres de créance ou droits attachés aux dettes. Dans le cadre de ses investissements, la Société a également pour objet: (i) la participation, directe ou indirecte, à la constitution, à la gestion, à l'administration, aux organes d'administration, aux opérations d'exploitation, au contrôle et à la liquidation des sociétés, entreprises, activités, associations et personnes dans lesquelles elle a un intérêt, une participation ou un investissement; (ii) de fournir conseils et assistance, à tous les niveaux possibles, en ce qui concerne les opérations d'exploitation, la gestion, l'administration et les organes d'administration des sociétés, entreprises, activités, associations et personnes dans lesquelles elle a un intérêt, une participation ou un investissement et, d'une manière générale, d'accomplir tous actes qui sont en tout ou partie, directement ou indirectement, inhérents aux activités d'un fonds d'investissement, au sens le plus large; (iii) de fournir des sûretés ou des garanties en faveur d'autres sociétés, entreprises, activités, associations et personnes, ou garantir leurs obligations, agir à titre de leur agent ou représentant, leur accorder des avances, crédits, prêts ou autres formes de financement, ainsi accorder des hypothèques ou autres sûretés; et (iv) de contracter des dettes pour la poursuite de son objectif. · WeLoveFounders Fund
- Capital: amount: 6526470.0, shares: 6.503.465 Parts sans valeur nominale, dont 6.413.602 Parts de Classe A, 64.863 Parts de Classe B et 25.000 Parts de Classe C, currency: EUR · WeLoveFounders Fund
- Officer appointment: role: Gérant Statutaire, term: pour la durée de la Société · WLF Partners SRL
- Permanent representative · Olivier Mertens
- Filing representative: procéder aux différentes formalités liées à ces décisions, en ce compris la signature des documents de publication au Moniteur belge · Serge Solau
- Authorized capital: amount: 60.000.000, currency: EUR · WeLoveFounders Fund
- Duration: end: dixième anniversaire de la date de sa constitution, start: constitution · WeLoveFounders Fund
Summary:
Act object · Notarial deed · Purpose · Capital
Analysis
Financial profile
4 of 5 axes measured72
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
40
Profitability
100
Solvency
67
Growth
-
Stability
79
Credit advice
verdict per customer and amountSimilar
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 15,456 of the 82,031 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameFR | WLF Partners |
Registered office
Léopold Wienerlaan 107
1170 Watermaal-Bosvoorde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.