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WOCO

Active
Private limited companyfounded 199630 yrs activeToekomststraat 18, 3500 Hasselt, BelgiumKBO/BCE: BE 0458.894.231
Summary

WOCO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,943 and a net result of €18,764. Equity is growing by ~4.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability76▼-9
Solvency44▼-56
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.35 in 2024; short-term debt: 46.2% and cash: 5.8% of total assets), and 81.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 30 years 0 40 y
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
18.9%
Return on assets
5.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
15 d early
2023
33 d early
2022
53 d early
2021
34 d early
2020
59 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 37 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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 27 September 1996, WOCO was incorporated.1 Total assets went from EUR 227,384 in 2018 to EUR 333,090 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€62,943▼ 62.8%
2024 · €169,178
Total assets
€333,090▲ 79.8%
2024 · €185,234
Net result
€18,764▼ 21.8%
2024 · €24,009
Working capital
€4,167
2024 · -€9,114
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
Line20212022202320242025
Operating result€27,270▼ 2.3%€27,811▲ 2.0%€31,833▲ 14.5%€34,414▲ 8.1%€31,303▼ 9.0%
Net result€15,186▼ 1.1%€15,746▲ 3.7%€19,346▲ 22.9%€24,009▲ 24.1%€18,764▼ 21.8%
Equity€131,500▼ 4.2%€147,246▲ 12.0%€166,592▲ 13.1%€169,178▲ 1.6%€62,943▼ 62.8%
Total assets€201,516▼ 3.1%€198,671▼ 1.4%€194,805▼ 1.9%€185,234▼ 4.9%€333,090▲ 79.8%
Debt€70,016▼ 0.9%€51,426▼ 26.6%€28,213▼ 45.1%€16,056▼ 43.1%€270,147▲ 1,583%
Working capital-€66,747▼ 28.8%-€44,079▲ 34.0%-€18,223▲ 58.7%-€9,114▲ 50.0%€4,167
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2021: €27,270€27,270Net result 2021: €15,186€15,186Operating result 2022: €27,811€27,811Net result 2022: €15,746€15,746Operating result 2023: €31,833€31,833Net result 2023: €19,346€19,346Operating result 2024: €34,414€34,414Net result 2024: €24,009€24,009Operating result 2025: €31,303€31,303Net result 2025: €18,764€18,76420212022202320242025€0€10,000€20,000€30,000Operating result 2023: €31,833€31,800Net result 2023: €19,346€19,300Operating result 2024: €34,414€34,400Net result 2024: €24,009€24,000Operating result 2025: €31,303€31,300Net result 2025: €18,764€18,800202320242025
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €333,090
Fixed assets €174,978 ▼ 2.9%
Current assets €158,112 ▲ 3,092%
Equity and liabilities €333,090
Equity €62,943 ▼ 62.8%
Debt €270,147 ▲ 1,583%
Debt's share of the balance-sheet total rises from 8.7% to 81.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36,605▼
2024 · €40,937
Cash flow
€24,066▼
2024 · €30,531
Current ratio
1.03▲
2024 · 0.35
Debt to equity
4.29▲
2024 · 0.09
ROE
29.8%▲
2024 · 14.2%
ROA
5.6%▼
2024 · 13.0%
Interest coverage
14.33▼
2024 · 24.18
Debt ≤ 1 year
€153,945▲
2024 · €14,068
Debt > 1 year
€115,302
Income taxes
€9,984▲
2024 · €8,803
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,815 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 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€185,234€333,090▲
Fixed assets21/28€180,280€174,978▼
Tangible fixed assets22/27€180,280€174,978▼
Land and buildings22€180,280€174,978▼
Current assets29/58€4,954€158,112▲
Amounts receivable within one year40/41€3,034€138,788▲
Other amounts receivable41€3,034€138,788▲
Cash at bank and in hand54/58€1,920€19,324▲
Equity and liabilities
Total equity and liabilities10/49€185,234€333,090▲
Equity10/15€169,178€62,943▼
Contributions10/11€7,437€7,437=
Reserves13€135,332€55,506▼
Tax-exempt reserves132€9,784€0▼
Distributable reserves133€125,548€55,506▼
Profit (loss) carried forward14€26,410€0▼
Amounts payable17/49€16,056€270,147▲
Amounts payable after more than one year17-€115,302
Financial debts170/4-€115,302
Amounts payable within one year42/48€14,068€153,945▲
Current portion of amounts payable after more than one year42-€6,523
Financial debts43-€12,000
Credit institutions430/8-€12,000
Other amounts payable47/48€14,068€135,423▲
Accrued charges and deferred income492/3€1,987€899▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,522€5,302▼
Other operating charges640/8€449€5,594▲
Gross operating margin9900€41,386€42,199▲
Operating profit (loss)9901€34,414€31,303▼
Financial income75/76B€90€0▼
Recurring financial income75€90€0▼
Financial charges65/66B€1,693€2,554▲
Recurring financial charges65€1,693€2,554▲
Profit (loss) for the period before taxes9903€32,812€28,749▼
Income taxes67/77€8,803€9,984▲
Profit (loss) for the period9904€24,009€18,764▼
Transfer from tax-exempt reserves789€2,401€9,784▲
Profit (loss) for the period to be appropriated9905€26,410€28,548▲
Appropriation of the result
Profit (loss) to be appropriated9906€26,410€54,958▲
Profit (loss) brought forward from the previous period14P-€26,410
Transfer from equity791/2€21,422€125,000▲
Transfer to equity691/2-€54,958
To other reserves6921-€54,958
Profit to be distributed694/7€21,422€125,000▲
Return on contributions (dividend)694€21,422€125,000▲
Directors or managers695-€0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,522€6,522€6,522€6,522€5,302▼ 18.7%
Other operating charges640/8€4,666€4,770€5,225€449€5,594▲ 1,145%
Gross operating margin9900€38,458€39,103€43,581€41,386€42,199▲ 2.0%
Operating profit (loss)9901€27,270€27,811€31,833€34,414€31,303▼ 9.0%
Financial income75/76B---€90€0▼ 100%
Recurring financial income75---€90€0▼ 100%
Financial charges65/66B€2,787€2,507€2,338€1,693€2,554▲ 50.9%
Recurring financial charges65€2,787€2,507€2,338€1,693€2,554▲ 50.9%
Profit (loss) for the period before taxes9903€24,483€25,304€29,495€32,812€28,749▼ 12.4%
Income taxes67/77€9,297€9,558€10,149€8,803€9,984▲ 13.4%
Profit (loss) for the period9904€15,186€15,746€19,346€24,009€18,764▼ 21.8%
Transfer from tax-exempt reserves789€4,754€4,754€2,401€2,401€9,784▲ 307%
Profit (loss) for the period to be appropriated9905€19,940€20,500€21,748€26,410€28,548▲ 8.1%
Line20212022202320242025Change
Assets
Total assets20/58€201,516€198,671€194,805€185,234€333,090▲ 79.8%
Fixed assets21/28€199,847€193,324€186,802€180,280€174,978▼ 2.9%
Tangible fixed assets22/27€199,847€193,324€186,802€180,280€174,978▼ 2.9%
Land and buildings22€199,847€193,324€186,802€180,280€174,978▼ 2.9%
Current assets29/58€1,670€5,347€8,003€4,954€158,112▲ 3,092%
Amounts receivable within one year40/41€1,267€838€2,449€3,034€138,788▲ 4,475%
Other amounts receivable41€1,267€838€2,449€3,034€138,788▲ 4,475%
Cash at bank and in hand54/58€403€4,509€5,554€1,920€19,324▲ 906%
Equity and liabilities
Total equity and liabilities10/49€201,516€198,671€194,805€185,234€333,090▲ 79.8%
Equity10/15€131,500€147,246€166,592€169,178€62,943▼ 62.8%
Contributions10/11€7,437€7,437€7,437€7,437€7,437=
Outside capital11€7,437-----
Other1109/19€7,437-----
Reserves13€124,063€139,809€159,155€135,332€55,506▼ 59.0%
Non-distributable reserves130/1€744€744----
Reserves not available under the articles1311€744€744----
Tax-exempt reserves132€19,341€14,587€12,185€9,784€0▼ 100%
Distributable reserves133€103,978€124,479€146,970€125,548€55,506▼ 55.8%
Profit (loss) carried forward14---€26,410€0▼ 100%
Amounts payable17/49€70,016€51,426€28,213€16,056€270,147▲ 1,583%
Amounts payable after more than one year17----€115,302-
Financial debts170/4----€115,302-
Amounts payable within one year42/48€68,416€49,426€26,226€14,068€153,945▲ 994%
Current portion of amounts payable after more than one year42€16,111---€6,523-
Financial debts43----€12,000-
Credit institutions430/8----€12,000-
Other amounts payable47/48€52,306€49,426€26,226€14,068€135,423▲ 863%
Accrued charges and deferred income492/3€1,600€2,000€1,988€1,987€899▼ 54.8%
Line20212022202320242025Change
Profit (loss) for the period9904€15,186€15,746€19,346€24,009€18,764▼ 21.8%
+ Depreciation and write-downs630€6,522€6,522€6,522€6,522€5,302▼ 18.7%
Operating cash flow (approximation)€21,708€22,268€25,869€30,531€24,066▼ 21.2%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€4,106€1,045-€3,634€17,404▲ 579%

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 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity triplescurrent ratio 1.03
Current ratio from 0.35 to 1.03.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €24,009 ▲24.1%
Operating result €34,414, net result €24,009, both a record.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €150,000Eq €166,592 ▲13.1%
6 profitable years in a row build equity to €166,592.
08-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Hasselt · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
2,507 m²
Building footprint
282 m²
Volume, LiDAR
1,812 m³
2 parcels, Flanders · tallest building 32.7 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Woco
Hamsesteenweg 62, 3971 LeopoldsburgNACE 70201
since 19972.080.633.964
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71023A0832/00C002 Flanders 2,355 m² 1 · 187 m² 7.8 m · 2 fl.
71328D0201/00L000 Flanders 151 m² 1 · 95 m² 32.7 m · 3 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Kristof Krol 100%
  2. WOCO

Highest known parent: Kristof Krol. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded27-09-1996
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 28 September 2026 · Peppol Directory

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