WOBAT
ActiveSummary
The computed 12-month bankruptcy probability of WOBAT is 2.8% (moderate). The 2025 annual accounts show negative equity (-€136,778) and a net result of -€18,813. Equity is shrinking by ~16% per year across the filed fiscal years. Its solvency ranks better than 5% of 28374 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.26 in 2024; short-term debt: 390.2% and cash: 2.6% of total assets), and equity is negative.
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Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-290.2%
Return on assets
-39.9%
Age of the figures
12 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€136,778
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-05-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
47 d early
2023
48 d early
2022
47 d early
2021
23 d late
2020
26 d late
2019
27 d late
← 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 8 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 14 March (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€18,813▼ 22.3%
2024 · -€15,385
Working capital
-€137,878▼ 15.8%
2024 · -€119,065
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,710-€17,541-€19,306▼ 10.1%-€15,335▲ 20.6%-€18,658▼ 21.7%
Net result€3,384within the sector's middle half-€17,776below the sector's middle half-€19,438below the sector's middle half▼ 9.3%-€15,385below the sector's middle half▲ 20.9%-€18,813below the sector's middle half▼ 22.3%
Equity-€65,366below the sector's middle half▲ 4.9%-€83,142below the sector's middle half▼ 27.2%-€102,580below the sector's middle half▼ 23.4%-€117,965below the sector's middle half▼ 15.0%-€136,778below the sector's middle half▼ 15.9%
Total assets€70,631below the sector's middle half▲ 15.2%€52,218below the sector's middle half▼ 26.1%€57,267below the sector's middle half▲ 9.7%€43,768below the sector's middle half▼ 23.6%€47,126below the sector's middle half▲ 7.7%
Debt€135,998▲ 4.6%€135,360▼ 0.5%€159,847▲ 18.1%€161,733▲ 1.2%€183,904▲ 13.7%
Working capital-€68,566below the sector's middle half▲ 11.9%-€85,436below the sector's middle half▼ 24.6%-€103,967below the sector's middle half▼ 21.7%-€119,065below the sector's middle half▼ 14.5%-€137,878below the sector's middle half▼ 15.8%
Solvency-92.5%below the sector's middle half▲ 19.6pp-159.2%below the sector's middle half▼ 66.7pp-179.1%below the sector's middle half▼ 19.9pp-269.5%below the sector's middle half▼ 90.4pp-290.2%below the sector's middle half▼ 20.7pp
Current ratio0.50below the sector's middle half▲ 0.100.37below the sector's middle half▼ 0.130.35below the sector's middle half▼ 0.020.26below the sector's middle half▼ 0.090.25below the sector's middle half▼ 0.01
Return on assets (ROA)4.8%within the sector's middle half▲ 22.9pp-34.0%below the sector's middle half▼ 38.8pp-33.9%below the sector's middle half▲ 0.1pp-35.2%below the sector's middle half▼ 1.2pp-39.9%below the sector's middle half▼ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18,658 in 2025 against €15,335 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,126
Fixed assets
€1,100 =
Current assets
€46,026 ▲ 7.9%
Key figures and ratios
Debt to equity
-1.34▲
2024 · -1.37
Debt ≤ 1 year
€183,904▲
2024 · €161,733
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,906 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,726 | €906 | €906 | €287 | - | - |
| Other operating charges640/8 | €1,124 | €286 | €566 | €1,011 | €387 | ▼ 61.7% |
| Gross operating margin9900 | €14,561 | -€16,349 | -€17,834 | -€14,037 | -€18,271 | ▼ 30.2% |
| Operating profit (loss)9901 | €3,710 | -€17,541 | -€19,306 | -€15,335 | -€18,658 | ▼ 21.7% |
| Financial income75/76B | €7 | - | - | €0 | - | - |
| Recurring financial income75 | €7 | - | - | €0 | - | - |
| Financial charges65/66B | €333 | €235 | €132 | €51 | €155 | ▲ 207% |
| Recurring financial charges65 | €333 | €235 | €132 | €51 | €155 | ▲ 207% |
| Profit (loss) for the period before taxes9903 | €3,384 | -€17,776 | -€19,438 | -€15,385 | -€18,813 | ▼ 22.3% |
| Profit (loss) for the period9904 | €3,384 | -€17,776 | -€19,438 | -€15,385 | -€18,813 | ▼ 22.3% |
| Profit (loss) for the period to be appropriated9905 | €3,384 | -€17,776 | -€19,438 | -€15,385 | -€18,813 | ▼ 22.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €70,631 | €52,218 | €57,267 | €43,768 | €47,126 | ▲ 7.7% |
| Fixed assets21/28 | €3,200 | €2,294 | €1,387 | €1,100 | €1,100 | = |
| Tangible fixed assets22/27 | €2,100 | €1,194 | €287 | - | - | - |
| Plant, machinery and equipment23 | €2,100 | €1,194 | €287 | - | - | - |
| Financial fixed assets28 | €1,100 | €1,100 | €1,100 | €1,100 | €1,100 | = |
| Current assets29/58 | €67,432 | €49,924 | €55,880 | €42,668 | €46,026 | ▲ 7.9% |
| Amounts receivable within one year40/41 | €66,555 | €43,114 | €48,378 | €41,682 | €44,792 | ▲ 7.5% |
| Trade receivables40 | €65,539 | €41,483 | €42,822 | €41,179 | €43,347 | ▲ 5.3% |
| Other amounts receivable41 | €1,015 | €1,630 | €5,555 | €503 | €1,445 | ▲ 187% |
| Cash at bank and in hand54/58 | €35 | €5,933 | €6,801 | €986 | €1,234 | ▲ 25.1% |
| Deferred charges and accrued income490/1 | €842 | €878 | €702 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €70,631 | €52,218 | €57,267 | €43,768 | €47,126 | ▲ 7.7% |
| Equity10/15 | -€65,366 | -€83,142 | -€102,580 | -€117,965 | -€136,778 | ▼ 15.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | - | - | - | - | - |
| Other1109/19 | €6,200 | - | - | - | - | - |
| Reserves13 | €6,860 | €6,860 | €6,860 | €6,860 | €6,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€78,426 | -€96,202 | -€115,640 | -€131,025 | -€149,838 | ▼ 14.4% |
| Amounts payable17/49 | €135,998 | €135,360 | €159,847 | €161,733 | €183,904 | ▲ 13.7% |
| Amounts payable within one year42/48 | €135,998 | €135,360 | €159,847 | €161,733 | €183,904 | ▲ 13.7% |
| Current portion of amounts payable after more than one year42 | €1,146 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €12,607 | €13,635 | €24,230 | €7,918 | €15,039 | ▲ 89.9% |
| Taxes450/3 | €174 | - | - | €412 | - | - |
| Remuneration and social security454/9 | €12,434 | €13,635 | €24,230 | €7,506 | €15,039 | ▲ 100% |
| Other amounts payable47/48 | €122,245 | €121,725 | €135,618 | €153,815 | €168,866 | ▲ 9.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,384 | -€17,776 | -€19,438 | -€15,385 | -€18,813 | ▼ 22.3% |
| + Depreciation and write-downs630 | €9,726 | €906 | €906 | €287 | - | - |
| Operating cash flow (approximation) | €13,110 | -€16,870 | -€18,532 | -€15,098 | -€18,813 | ▼ 24.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5,898 | €868 | -€5,815 | €248 | ▲ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
30-09
Financial
Back to profitnet €3,384
Net result €3,384 after 3 loss-making years.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Anderlecht · 1 establishment unit since 2008
Ground area
3,749 m²
Building footprint
705 m²
Volume, LiDAR
23,391 m³
2 parcels, Brussels · tallest building 40.5 m, ±13 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
WOBAT
since 20082.172.175.537
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0118/00R000 | Brussels | 3,223 m² | 1 · 621 m² | 40.5 m · 13 fl. |
| 21906D0129/00E002 | Brussels | 526 m² | 1 · 84 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-04-2008
Fiscal year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43240Other construction installation
43310Plastering work
43320Joinery installation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0897424994
Also
9925:BE0897424994
Registered
01-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.