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WO FA

Active
Private limited companyfounded 201511 yrs activeKoolmijnlaan 431, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0627.764.796
Summary

WO FA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215,507 and a net result of €56,548. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 13617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability86▲+6
Solvency77▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 2.7 against 1.3 in 2024; short-term debt: 12.9% and cash: 11.6% of total assets), and 47.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.3%
Return on assets
13.7%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
on the day
2023
20 d late
2022
27 d late
2021
25 d late
2020
26 d late
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 20 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 31 March 2015, WO FA was incorporated.1 Total assets went from EUR 311,257 in 2019 to EUR 412,176 in 2025 and headcount from 2.3 to 3.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€215,507▲ 35.6%
2024 · €158,959
Total assets
€412,176▲ 0.6%
2024 · €409,899
Net result
€56,548▲ 57.5%
2024 · €35,912
Working capital
€90,421▲ 168%
2024 · €33,731
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€30,968▲ 28.3%€46,141▲ 49.0%€59,157▲ 28.2%€65,245▲ 10.3%€90,178▲ 38.2%
Net result€16,818within the sector's middle half▲ 4.9%€25,179above the sector's middle half▲ 49.7%€34,148above the sector's middle half▲ 35.6%€35,912above the sector's middle half▲ 5.2%€56,548above the sector's middle half▲ 57.5%
Equity€63,720within the sector's middle half▲ 35.9%€88,899above the sector's middle half▲ 39.5%€123,047above the sector's middle half▲ 38.4%€158,959above the sector's middle half▲ 29.2%€215,507above the sector's middle half▲ 35.6%
Total assets€314,794above the sector's middle half▼ 13.6%€354,740above the sector's middle half▲ 12.7%€413,679above the sector's middle half▲ 16.6%€409,899above the sector's middle half▼ 0.9%€412,176above the sector's middle half▲ 0.6%
Debt€251,074▼ 20.9%€265,841▲ 5.9%€290,632▲ 9.3%€250,940▼ 13.7%€196,670▼ 21.6%
Working capital-€31,623below the sector's middle half▲ 36.6%€21,810within the sector's middle half-€9,949within the sector's middle half€33,731within the sector's middle half€90,421above the sector's middle half▲ 168%
Solvency20.2%within the sector's middle half▲ 7.4pp25.1%within the sector's middle half▲ 4.8pp29.7%within the sector's middle half▲ 4.7pp38.8%within the sector's middle half▲ 9.0pp52.3%within the sector's middle half▲ 13.5pp
Current ratio0.69within the sector's middle half▲ 0.021.19within the sector's middle half▲ 0.500.92within the sector's middle half▼ 0.281.30within the sector's middle half▲ 0.382.70above the sector's middle half▲ 1.40
Return on assets (ROA)5.3%within the sector's middle half▲ 0.9pp7.1%within the sector's middle half▲ 1.8pp8.3%within the sector's middle half▲ 1.2pp8.8%within the sector's middle half▲ 0.5pp13.7%within the sector's middle half▲ 5.0pp
Staff (FTE)0.63.8▲ 533%4.1▲ 7.9%2.9▼ 29.3%3.5▲ 20.7%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2021: €30,968€30,968Net result 2021: €16,818€16,818Operating result 2022: €46,141€46,141Net result 2022: €25,179€25,179Operating result 2023: €59,157€59,157Net result 2023: €34,148€34,148Operating result 2024: €65,245€65,245Net result 2024: €35,912€35,912Operating result 2025: €90,178€90,178Net result 2025: €56,548€56,54820212022202320242025€0€25,000€50,000€75,000€100,000Operating result 2023: €59,157€59,200Net result 2023: €34,148€34,100Operating result 2024: €65,245€65,200Net result 2024: €35,912€35,900Operating result 2025: €90,178€90,200Net result 2025: €56,548€56,500202320242025
The operating result has risen four years in a row; 2025 is 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €412,176
Fixed assets €268,420 ▲ 1.8%
Current assets €143,756 ▼ 1.6%
Equity and liabilities €412,176
Equity €215,507 ▲ 35.6%
Debt €196,670 ▼ 21.6%
Debt's share of the balance-sheet total falls from 61.2% to 47.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€137,177▲
2024 · €112,775
Cash flow
€103,547▲
2024 · €83,442
Quick ratio
2.55▲
2024 · 1.20
Debt to equity
0.91▼
2024 · 1.58
ROE
26.2%▲
2024 · 22.6%
Interest coverage
17.83▲
2024 · 9.73
Debt ≤ 1 year
€53,336▼
2024 · €112,428
Debt > 1 year
€143,334▲
2024 · €138,504
Income taxes
€26,322▲
2024 · €17,888
Staff costs
€17,449▲
2024 · €14,569
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.9%
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 34,696 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 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€409,899€412,176▲
Fixed assets21/28€263,740€268,420▲
Intangible fixed assets21€1,969€0▼
Tangible fixed assets22/27€261,771€268,420▲
Land and buildings22€161,286€146,790▼
Plant, machinery and equipment23€31,880€25,188▼
Furniture and vehicles24€68,605€96,442▲
Current assets29/58€146,159€143,756▼
Amounts receivable after more than one year29€55,000€55,000=
Trade receivables290€55,000€55,000=
Stocks and contracts in progress3€10,958€7,856▼
Stocks30/36€10,958€7,856▼
Amounts receivable within one year40/41€1,228€28,987▲
Trade receivables40€0€53▲
Other amounts receivable41€1,228€28,935▲
Cash at bank and in hand54/58€75,200€47,699▼
Deferred charges and accrued income490/1€3,772€4,214▲
Equity and liabilities
Total equity and liabilities10/49€409,899€412,176▲
Equity10/15€158,959€215,507▲
Contributions10/11€6,200€6,200=
Reserves13€152,759€209,307▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€150,899€207,447▲
Amounts payable17/49€250,940€196,670▼
Amounts payable after more than one year17€138,504€143,334▲
Financial debts170/4€138,504€143,334▲
Amounts payable within one year42/48€112,428€53,336▼
Current portion of amounts payable after more than one year42€31,747€42,788▲
Trade debts44€5,897€6,518▲
Suppliers440/4€5,897€6,518▲
Taxes, remuneration and social security45€6,241€4,030▼
Taxes450/3€4,581€1,858▼
Remuneration and social security454/9€1,659€2,172▲
Other amounts payable47/48€68,543€0▼
Accrued charges and deferred income492/3€8€0▼
Income statement Code20242025
Non-recurring operating income76A-€6,200
Remuneration, social security and pensions62€14,569€17,449▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,530€47,000▼
Other operating charges640/8€2,806€3,699▲
Gross operating margin9900€130,150€158,325▲
Operating profit (loss)9901€65,245€90,178▲
Financial income75/76B€141€385▲
Recurring financial income75€141€385▲
Financial charges65/66B€11,585€7,693▼
Recurring financial charges65€11,585€7,693▼
Profit (loss) for the period before taxes9903€53,800€82,870▲
Income taxes67/77€17,888€26,322▲
Profit (loss) for the period9904€35,912€56,548▲
Profit (loss) for the period to be appropriated9905€35,912€56,548▲
Appropriation of the result
Profit (loss) to be appropriated9906€35,912€56,548▲
Transfer to equity691/2€35,912€56,548▲
To other reserves6921€35,912€56,548▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€6,200-
Remuneration, social security and pensions62-€13,848€16,406€14,569€17,449▲ 19.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,351€30,706€43,283€47,530€47,000▼ 1.1%
Other operating charges640/8-€9,385€3,648€2,806€3,699▲ 31.8%
Gross operating margin9900€74,822€100,081€122,493€130,150€158,325▲ 21.6%
Operating profit (loss)9901€30,968€46,141€59,157€65,245€90,178▲ 38.2%
Financial income75/76B-€134€494€141€385▲ 173%
Recurring financial income75€938€134€494€141€385▲ 173%
Financial charges65/66B-€8,321€9,361€11,585€7,693▼ 33.6%
Recurring financial charges65€6,917€8,321€9,361€11,585€7,693▼ 33.6%
Profit (loss) for the period before taxes9903€24,990€37,954€50,290€53,800€82,870▲ 54.0%
Income taxes67/77€8,172€12,775€16,142€17,888€26,322▲ 47.1%
Profit (loss) for the period9904€16,818€25,179€34,148€35,912€56,548▲ 57.5%
Profit (loss) for the period to be appropriated9905€16,818€25,179€34,148€35,912€56,548▲ 57.5%
Line20212022202320242025Change
Assets
Total assets20/58€314,794€354,740€413,679€409,899€412,176▲ 0.6%
Fixed assets21/28€242,991€220,404€303,278€263,740€268,420▲ 1.8%
Intangible fixed assets21€9,846€7,221€4,595€1,969€0▼ 100%
Tangible fixed assets22/27€233,144€213,183€298,683€261,771€268,420▲ 2.5%
Land and buildings22-€165,667€176,840€161,286€146,790▼ 9.0%
Plant, machinery and equipment23-€45,112€37,570€31,880€25,188▼ 21.0%
Furniture and vehicles24-€1,975€84,273€68,605€96,442▲ 40.6%
Other tangible fixed assets26-€429€0---
Current assets29/58€71,803€134,337€110,401€146,159€143,756▼ 1.6%
Amounts receivable after more than one year29--€35,000€55,000€55,000=
Trade receivables290--€35,000€55,000€55,000=
Stocks and contracts in progress3€6,775€13,735€11,595€10,958€7,856▼ 28.3%
Stocks30/36-€13,735€11,595€10,958€7,856▼ 28.3%
Amounts receivable within one year40/41€2,249€1,353€7,344€1,228€28,987▲ 2,260%
Trade receivables40--€1,042€0€53-
Other amounts receivable41-€1,353€6,303€1,228€28,935▲ 2,256%
Cash at bank and in hand54/58€62,355€115,207€52,929€75,200€47,699▼ 36.6%
Deferred charges and accrued income490/1-€4,041€3,533€3,772€4,214▲ 11.7%
Equity and liabilities
Total equity and liabilities10/49€314,794€354,740€413,679€409,899€412,176▲ 0.6%
Equity10/15€63,720€88,899€123,047€158,959€215,507▲ 35.6%
Contributions10/11-€8,060€6,200€6,200€6,200=
Reserves13€57,520€80,839€116,847€152,759€209,307▲ 37.0%
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Distributable reserves133-€80,839€114,987€150,899€207,447▲ 37.5%
Amounts payable17/49€251,074€265,841€290,632€250,940€196,670▼ 21.6%
Amounts payable after more than one year17€146,610€152,132€170,274€138,504€143,334▲ 3.5%
Financial debts170/4-€152,132€170,274€138,504€143,334▲ 3.5%
Amounts payable within one year42/48€103,426€112,527€120,349€112,428€53,336▼ 52.6%
Current portion of amounts payable after more than one year42-€26,762€35,446€31,747€42,788▲ 34.8%
Trade debts44€2,280€5,595€8,931€5,897€6,518▲ 10.5%
Suppliers440/4-€5,595€8,931€5,897€6,518▲ 10.5%
Taxes, remuneration and social security45-€15,272€18,128€6,241€4,030▼ 35.4%
Taxes450/3-€14,231€16,888€4,581€1,858▼ 59.4%
Remuneration and social security454/9-€1,040€1,240€1,659€2,172▲ 30.9%
Other amounts payable47/48-€64,898€57,844€68,543€0▼ 100%
Accrued charges and deferred income492/3-€1,183€8€8€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€16,818€25,179€34,148€35,912€56,548▲ 57.5%
+ Depreciation and write-downs630€38,351€30,706€43,283€47,530€47,000▼ 1.1%
Operating cash flow (approximation)€55,169€55,885€77,430€83,442€103,547▲ 24.1%
Investment in fixed assets (approximation)--€8,119-€126,157-€7,992-€51,679▼ 547%
Change in cash-€52,851-€62,278€22,271-€27,501▼ 223%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €56,548 ▲57.5%
Operating result €90,178, net result €56,548, both a record.
30-06
Financial Liquidity doublescurrent ratio 2.70
Current ratio from 1.30 to 2.70; short-term debt falls from €112,428 to €53,336.
30-06
Financial Equity above €200,000Eq €215,507 ▲35.6%
7 profitable years in a row build equity to €215,507.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Equity above €150,000Eq €158,959 ▲29.2%
6 profitable years in a row build equity to €158,959.
20-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
30-06
Financial Equity above €100,000Eq €123,047 ▲38.4%
5 profitable years in a row build equity to €123,047.
27-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
25-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
26-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
07-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
08-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
21-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Heusden-Zolder · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
503 m²
Building footprint
136 m²
Volume, LiDAR
687 m³
Parcel 71065A0306/00M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
WO FA
Koolmijnlaan 431, 3550 Heusden-ZolderLimited-service restaurants
since 20152.242.034.739
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71065A0306/00M000 Flanders 503 m² 1 · 135 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 site
Heusden-Zolder2.242.034.739
2 permissions
Toelating · Frituur · since 02-06-2015
Toelating · Traiteur · since 02-06-2015

Similar companies · same sector, comparable size

Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 6,513 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded31-03-2015
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0627764796
Also 9925:BE0627764796
Registered 01-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.