WOBO
ActiveSummary
WOBO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.56M and a net result of €79k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 1410 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability42▼-29
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 3.19 against 2.34 in 2023; short-term debt: 12.7% and cash: 7.9% of total assets), and 15.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 2024Solvency, return and age of the figures
Solvency
84.8%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
83 d late
2023
68 d late
2022
87 d late
2021
87 d late
2020
31 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€8.56M▲ 0.9%
2023 · €8.48M
Total assets
€10.10M▼ 7.5%
2023 · €10.92M
Net result
€79k▼ 65.3%
2023 · €229k
Working capital
€2.80M▼ 4.6%
2023 · €2.94M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€959k▲ 43.6%€1.21M▲ 26.0%€222k▼ 81.6%€284k▲ 27.6%€49k▼ 82.6%
Net result€690k▲ 43.6%€976k▲ 41.4%€16k▼ 98.3%€229k▲ 1,305%€79k▼ 65.3%
Equity€7.26M▲ 10.8%€8.24M▲ 13.4%€8.25M▲ 0.2%€8.48M▲ 2.8%€8.56M▲ 0.9%
Total assets€8.62M▲ 0.2%€9.66M▲ 12.0%€9.41M▼ 2.6%€10.92M▲ 16.0%€10.10M▼ 7.5%
Debt€1.13M▼ 36.1%€1.20M▲ 6.5%€976k▼ 18.7%€2.26M▲ 132%€1.37M▼ 39.3%
Working capital€5.91M▲ 10.0%€5.86M▼ 0.9%€5.62M▼ 4.0%€2.94M▼ 47.7%€2.80M▼ 4.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 83% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.10M
Fixed assets
€6.02M ▲ 4.1%
Current assets
€4.08M ▼ 20.6%
Equity and liabilities €10.10M
Equity
€8.56M ▲ 0.9%
Provisions
€162k ▼ 6.1%
Debt
€1.37M ▼ 39.3%
Debt's share of the balance-sheet total falls from 20.7% to 13.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€229k▼
2023 · €387k
Cash flow
€259k▼
2023 · €332k
Current ratio
3.19▲
2023 · 2.34
Quick ratio
2.83▲
2023 · 2.12
Debt to equity
0.16▼
2023 · 0.27
ROE
0.9%▼
2023 · 2.7%
ROA
0.8%▼
2023 · 2.1%
Interest coverage
2.73▼
2023 · 11.89
Debt ≤ 1 year
€1.28M▼
2023 · €2.20M
Income taxes
€27k▼
2023 · €91k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57k | €63k | €64k | €104k | €180k | ▲ 73.4% |
| Other operating charges640/8 | - | €14k | €9k | €23k | €56k | ▲ 140% |
| Gross operating margin9900 | €1.03M | €1.28M | €295k | €410k | €285k | ▼ 30.6% |
| Operating profit (loss)9901 | €959k | €1.21M | €222k | €284k | €49k | ▼ 82.6% |
| Financial income75/76B | - | €131k | €79k | €58k | €131k | ▲ 125% |
| Recurring financial income75 | €8 | €131k | €79k | €58k | €131k | ▲ 125% |
| Financial charges65/66B | - | €44k | €237k | €33k | €84k | ▲ 158% |
| Recurring financial charges65 | €33k | €44k | €237k | €33k | €84k | ▲ 158% |
| Profit (loss) for the period before taxes9903 | €926k | €1.30M | €65k | €309k | €96k | ▼ 69.0% |
| Transfer from deferred taxes780 | - | €11k | €42k | €10k | €10k | = |
| Income taxes67/77 | €245k | €331k | €90k | €91k | €27k | ▼ 70.3% |
| Profit (loss) for the period9904 | €690k | €976k | €16k | €229k | €79k | ▼ 65.3% |
| Transfer from tax-exempt reserves789 | - | €34k | €126k | €31k | €31k | = |
| Profit (loss) for the period to be appropriated9905 | €720k | €1.01M | €143k | €260k | €111k | ▼ 57.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.62M | €9.66M | €9.41M | €10.92M | €10.10M | ▼ 7.5% |
| Fixed assets21/28 | €1.64M | €2.63M | €2.85M | €5.78M | €6.02M | ▲ 4.1% |
| Tangible fixed assets22/27 | €1.64M | €2.63M | €2.85M | €5.78M | €6.02M | ▲ 4.1% |
| Land and buildings22 | - | €2.63M | €2.85M | €5.78M | €6.02M | ▲ 4.1% |
| Plant, machinery and equipment23 | - | €721 | - | - | - | - |
| Current assets29/58 | €6.98M | €7.03M | €6.57M | €5.14M | €4.08M | ▼ 20.6% |
| Stocks and contracts in progress3 | €1.18M | €956k | €880k | €484k | €469k | ▼ 3.0% |
| Stocks30/36 | - | €956k | €880k | €484k | €469k | ▼ 3.0% |
| Amounts receivable within one year40/41 | €2.70M | €2.31M | €1.32M | €538k | €558k | ▲ 3.6% |
| Trade receivables40 | - | €658k | - | €3k | - | - |
| Other amounts receivable41 | - | €1.65M | €1.32M | €535k | €558k | ▲ 4.2% |
| Current investments50/53 | €730k | €2.68M | €3.30M | €2.48M | €2.22M | ▼ 10.5% |
| Cash at bank and in hand54/58 | €2.36M | €1.05M | €1.01M | €1.61M | €799k | ▼ 50.4% |
| Deferred charges and accrued income490/1 | - | €33k | €53k | €26k | €35k | ▲ 33.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.62M | €9.66M | €9.41M | €10.92M | €10.10M | ▼ 7.5% |
| Equity10/15 | €7.26M | €8.24M | €8.25M | €8.48M | €8.56M | ▲ 0.9% |
| Contributions10/11 | €620k | €620k | €620k | €620k | €620k | = |
| Capital10 | - | €620k | €620k | €620k | €620k | = |
| Issued capital100 | - | €620k | €620k | €620k | €620k | = |
| Reserves13 | €6.64M | €7.62M | €7.63M | €7.86M | €7.94M | ▲ 1.0% |
| Non-distributable reserves130/1 | - | €62k | €62k | €62k | €62k | = |
| Legal reserve130 | - | €62k | €62k | €62k | €62k | = |
| Tax-exempt reserves132 | - | €676k | €550k | €518k | €487k | ▼ 6.1% |
| Distributable reserves133 | - | €6.88M | €7.02M | €7.28M | €7.39M | ▲ 1.5% |
| Provisions and deferred taxes16 | €237k | €225k | €183k | €173k | €162k | ▼ 6.1% |
| Deferred taxes168 | - | €225k | €183k | €173k | €162k | ▼ 6.1% |
| Amounts payable17/49 | €1.13M | €1.20M | €976k | €2.26M | €1.37M | ▼ 39.3% |
| Amounts payable within one year42/48 | €1.07M | €1.17M | €944k | €2.20M | €1.28M | ▼ 42.0% |
| Trade debts44 | €3k | €10k | €34k | €905k | €367k | ▼ 59.5% |
| Suppliers440/4 | - | €10k | €34k | €905k | €367k | ▼ 59.5% |
| Taxes, remuneration and social security45 | - | €207k | €125k | €536k | €151k | ▼ 71.8% |
| Taxes450/3 | - | €207k | €125k | €536k | €151k | ▼ 71.8% |
| Other amounts payable47/48 | - | €953k | €785k | €760k | €759k | ▼ 0.1% |
| Accrued charges and deferred income492/3 | - | €30k | €32k | €62k | €96k | ▲ 53.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €690k | €976k | €16k | €229k | €79k | ▼ 65.3% |
| + Depreciation and write-downs630 | €57k | €63k | €64k | €104k | €180k | ▲ 73.4% |
| Operating cash flow (approximation) | €747k | €1.04M | €80k | €332k | €259k | ▼ 22.0% |
| Investment in fixed assets (approximation) | - | €-1.06M | €-275k | €-3.04M | €-418k | ▲ 86.2% |
| Change in cash | - | €-1.31M | €-38k | €604k | €-813k | ▼ 235% |
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
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 83 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 87 days late
2022
31-12
Financial
Weakest financial yearnet €16k ▼98.3%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 87 days late
2021
31-12
Financial
Highest result since 2018net €976k ▲41.4%
Operating result €1.21M, net result €976k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 145 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Zutendaal · 1 establishment unit since 1992
Ground area
2,582 m²
Building footprint
337 m²
Volume, LiDAR
1,395 m³
Parcel 71067B0935/00W000, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Trichterweg 40, 3690 Zutendaal
since 19922.056.150.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71067B0935/00W000 | Flanders | 2,582 m² | 1 · 337 m² | 5.3 m · 1 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
Legal Entity Identifier
894500IZMYCYEMN4OH76
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Of 2,711 companies in sector 73200 we hold annual accounts for 1,780. 369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
Scores and ratios are computed by Checked and are not a credit decision.