WOCO
ActiveSummary
WOCO has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,943 and a net result of €18,764. Equity has been growing by about 4.6% per year since 2018. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-09-1996 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.080.633.964 3971 Leopoldsburg, since 25-02-1997
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- BV Kristof KrolDirector · since 28-02-2025
- Kristof Krol100%· score 912025 annual accounts of Kristof Krol
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €42,199
- ▲ 2.0%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €18,764
- ▼ 21.8%
- Equity
- €62,943
- ▼ 62.8%
- Total assets
- €333,090
- ▲ 79.8%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 1996lowers riskSize: total assets €333,090Figures for financial year 2025 (filed on 01-07-2026)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 27% of them on solvency, 19% on liquidity, 58% on profitability and 8% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 29 filings
Every figure per financial year
The operating result for 2025 is 9% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,527 | €7,527 | €6,522 | €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 | ▲ 12× |
| Gross operating margin9900 | €33,872 | €38,398 | €39,063 | €38,458 | €39,103 | €43,581 | €41,386 | €42,199 | ▲ 2.0% |
| Operating profit (loss)9901 | €22,192 | €26,642 | €27,906 | €27,270 | €27,811 | €31,833 | €34,414 | €31,303 | ▼ 9.0% |
| Financial income75/76B | - | - | - | - | - | - | €90 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €0 | - | - | - | €90 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €2,787 | €2,507 | €2,338 | €1,693 | €2,554 | ▲ 50.9% |
| Recurring financial charges65 | €5,448 | €3,663 | €3,178 | €2,787 | €2,507 | €2,338 | €1,693 | €2,554 | ▲ 50.9% |
| Profit (loss) for the period before taxes9903 | €16,744 | €22,978 | €24,728 | €24,483 | €25,304 | €29,495 | €32,812 | €28,749 | ▼ 12.4% |
| Income taxes67/77 | €7,719 | €9,958 | €9,374 | €9,297 | €9,558 | €10,149 | €8,803 | €9,984 | ▲ 13.4% |
| Profit (loss) for the period9904 | €9,025 | €13,020 | €15,354 | €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 | €13,779 | €17,774 | €20,109 | €19,940 | €20,500 | €21,748 | €26,410 | €28,548 | ▲ 8.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €227,384 | €213,915 | €207,968 | €201,516 | €198,671 | €194,805 | €185,234 | €333,090 | ▲ 79.8% |
| Fixed assets21/28 | €220,418 | €212,891 | €206,369 | €199,847 | €193,324 | €186,802 | €180,280 | €174,978 | ▼ 2.9% |
| Tangible fixed assets22/27 | €220,418 | €212,891 | €206,369 | €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 | €6,966 | €1,024 | €1,599 | €1,670 | €5,347 | €8,003 | €4,954 | €158,112 | ▲ 32× |
| Amounts receivable within one year40/41 | €3,573 | €406 | €490 | €1,267 | €838 | €2,449 | €3,034 | €138,788 | ▲ 46× |
| Other amounts receivable41 | - | - | - | €1,267 | €838 | €2,449 | €3,034 | €138,788 | ▲ 46× |
| Cash at bank and in hand54/58 | €3,393 | €618 | €1,109 | €403 | €4,509 | €5,554 | €1,920 | €19,324 | ▲ 906% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €227,384 | €213,915 | €207,968 | €201,516 | €198,671 | €194,805 | €185,234 | €333,090 | ▲ 79.8% |
| Equity10/15 | €118,911 | €131,931 | €137,321 | €131,500 | €147,246 | €166,592 | €169,178 | €62,943 | ▼ 62.8% |
| Contributions10/11 | €7,437 | €7,437 | €7,437 | €7,437 | €7,437 | €7,437 | €7,437 | €7,437 | = |
| Contributions outside capital11 | - | - | - | €7,437 | - | - | - | - | - |
| Other1109/19 | - | - | - | €7,437 | - | - | - | - | - |
| Reserves13 | €111,474 | €124,494 | €129,884 | €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 | €108,473 | €81,984 | €70,647 | €70,016 | €51,426 | €28,213 | €16,056 | €270,147 | ▲ 17× |
| Amounts payable after more than one year17 | €56,926 | €36,900 | €16,111 | - | - | - | - | €115,302 | - |
| Financial debts170/4 | - | - | - | - | - | - | - | €115,302 | - |
| Amounts payable within one year42/48 | €49,868 | €44,025 | €53,416 | €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 | - |
| Trade debts44 | - | - | €62 | - | - | - | - | - | - |
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,025 | €13,020 | €15,354 | €15,186 | €15,746 | €19,346 | €24,009 | €18,764 | ▼ 21.8% |
| + Depreciation and write-downs630 | €7,527 | €7,527 | €6,522 | €6,522 | €6,522 | €6,522 | €6,522 | €5,302 | ▼ 18.7% |
| Operating cash flow (approximation) | €16,552 | €20,547 | €21,877 | €21,708 | €22,268 | €25,869 | €30,531 | €24,066 | ▼ 21.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,775 | €491 | -€706 | €4,106 | €1,045 | -€3,634 | €17,404 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,818 companies had the same profile as WOCO has now. Two years later, 95.1% were still going and 1.0% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WOCO itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for WOCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00230606 | |
| 31-12-2024 | micro format | 16-07-2025 | 2025-00274462 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00174958 | |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00113574 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20095145 | |
| 31-12-2020 | micro format | 02-06-2021 | 2021-16900329 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-21900396 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-25600270 | |
| 31-12-2017 | micro format | 29-06-2018 | 2018-25900405 | |
| 31-12-2016 | abbreviated format | 06-07-2017 | 2017-28500285 |
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Shareholders
1 ownerChain of control
- Kristof Krol
- WOCO
Owners 1
- Kristof KrolparentEquity €189,730 Profit of €27,082 in 2025 (profit of €50,441 in 2024) Checked score 91100%
Capital transactions
- 25-10-2023 Converted to unavailable equity · €8,181
- 25-10-2023 Converted to uncalled contributions · €11,155
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| BV Kristof Krol |
|
| Karine Cools |
|
| Ronny Maes |
|
| COOLS Karine Louise |
|
| MAES Ronny Jan Christina Alfons |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “11, OMVANG EN WIJZE VAN UITOEFENING VAN BESTUUR”
Articles of association, deed of 25-10-2023 (in Dutch)
Network & group
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of WOCO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
14-03
Gazette deed
Registered office moved from Leopoldsburg to HasseltNew seat: Toekomststraat 18, 3500 Hasselt · Previous seat: Hamsesteenweg 62, 3971 Leopoldsburg · Resignations: Ronny Maes (director) and Karine Cools (director)8 points ▸
- General meeting, 28-02-2025
- Director resignation, Ronny Maes (director)
- Director resignation, Karine Cools (director)
- Director discharge, Ronny Maes
- Director discharge, Karine Cools
- Director appointment, BV Kristof Krol (director)
- Permanent representative, Kristof Krol
- Registered-office move, Toekomststraat 18, 3500 Hasselt
25-10
Gazette deed
Changes of role: MAES Ronny Jan Christina Alfons (director) and COOLS Karine Louise (director)Registered office clause · Amendment of the articles · Capital conversion13 points ▸
- Director resignation, MAES Ronny Jan Christina Alfons (manager)
- Director appointment, MAES Ronny Jan Christina Alfons (director (not named in the articles))
- Director resignation, COOLS Karine Louise (manager)
- Director appointment, COOLS Karine Louise (director (not named in the articles))
- Other provision, “uitoefening mandaat, kwijting ontslagnemende zaakvoerders” (deed in Dutch)
- Registered office clause, “Hamsesteenweg 62,3971 Leopoldsburg/Heppen” (deed in Dutch)
- General meeting, 22-09-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “eigen vermogensrekening “niet-opgevraagde inbrengen”” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “vrijstelling volstortingsverplichting”, 11155 (deed in Dutch)
- The act holds 1 more point.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Hamsesteenweg 62, 3971 Leopoldsburg until 28-02-2025 · act of 14-03-2025
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71023A0832/00C002 | Flanders | 2,355 m² | 1 · 187 m² | 7.8 m · 2 |
| 71328D0201/00L000 | Flanders | 151 m² | 1 · 95 m² | 32.7 m · 3 |