Woets
ActiveSummary
Woets has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-149k) and a net result of €-17k. Equity is shrinking by ~34% per year across the filed fiscal years. Its solvency ranks better than 14% of 1854 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▲+11
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.18 in 2023; short-term debt: 12.5% and cash: 0.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-37.4%
Return on assets
-4.3%
Age of the figures
21 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-149k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
14 d early
2022
30 d late
2021
36 d late
2020
16 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-149k▼ 13.1%
2023 · €-132k
2018: €7k
2019: €-17k
2020: €-52k
2021: €-81k
2022: €-111k
2023: €-132k
2018 → 2024
Total assets
€398k▼ 3.8%
2023 · €414k
2018: €490k
2019: €477k
2020: €471k
2021: €450k
2022: €437k
2023: €414k
2018 → 2024
Net result
€-17k▲ 14.7%
2023 · €-20k
2018: €-12k
2019: €-24k
2020: €-35k
2021: €-29k
2022: €-30k
2023: €-20k
2018 → 2024
Working capital
€-38k▲ 8.3%
2023 · €-42k
2018: €-68k
2019: €-54k
2020: €-48k
2021: €-46k
2022: €-41k
2023: €-42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-52k-€-81k▼ 56.6%€-111k▼ 36.8%€-132k▼ 18.1%€-149k▼ 13.1%
Operating result€-33k-€-29k▲ 11.9%€-28k▲ 1.8%€-18k▲ 37.9%€-16k▲ 6.4%
Net result€-35k-€-29k▲ 15.0%€-30k▼ 1.9%€-20k▲ 32.6%€-17k▲ 14.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2024 against €18k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €398k
Fixed assets
€387k ▼ 4.4%
Current assets
€11k ▲ 21.3%
Key figures and ratios
EBITDA
€1k▼
2023 · €1k
Cash flow
€489▲
2023 · €-1k
Solvency
-37.4%▼
2023 · -31.8%
Current ratio
0.23▲
2023 · 0.18
Quick ratio
0.13▲
2023 · 0.09
Debt to equity
-3.67▲
2023 · -4.14
ROA
-4.3%▲
2023 · -4.9%
Interest coverage
1.77▲
2023 · 0.51
Debt
€547k▲
2023 · €545k
Debt ≤ 1 year
€50k▼
2023 · €51k
Debt > 1 year
€497k▲
2023 · €494k
Income taxes
€93▲
2023 · €90
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€414k€398k▼
Fixed assets21/28€405k€387k▼
Tangible fixed assets22/27€405k€387k▼
Land and buildings22€403k€387k▼
Plant, machinery and equipment23€147-
Furniture and vehicles24€1k-
Current assets29/58€9k€11k▲
Stocks and contracts in progress3€5k€5k▲
Stocks30/36€5k€5k▲
Amounts receivable within one year40/41€20€231▲
Trade receivables40-€200
Other amounts receivable41€20€31▲
Cash at bank and in hand54/58€403€2k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€414k€398k▼
Equity10/15€-132k€-149k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-232k€-249k▼
Amounts payable17/49€545k€547k▲
Amounts payable after more than one year17€494k€497k▲
Other amounts payable178/9€494k€497k▲
Amounts payable within one year42/48€51k€50k▼
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Advances received on contracts in progress46€250-
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€42k€40k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€3k€3k▼
Operating profit (loss)9901€-18k€-16k▲
Financial income75/76B€81€17▼
Recurring financial income75€81€17▼
Financial charges65/66B€3k€737▼
Recurring financial charges65€3k€737▼
Profit (loss) for the period before taxes9903€-20k€-17k▲
Income taxes67/77€90€93▲
Profit (loss) for the period9904€-20k€-17k▲
Profit (loss) for the period to be appropriated9905€-20k€-17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-232k€-249k▼
Profit (loss) brought forward from the previous period14P€-211k€-232k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tongeren-Borgloon · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rechtstraat 233700 Tongeren-BorgloonGround area
1,158 m²
Building footprint
383 m²
Volume, LiDAR
2,370 m³
Parcel 73073A0548/00E000, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WOETS
since 20082.175.226.186
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73073A0548/00E000 | Flanders | 1,158 m² | 1 · 383 m² | 12.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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BEYOND 97
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HOSTELLERIE AU COEUR DU SPINOIS
BE 0644.504.226
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'T WIT HUYS
BE 0412.859.318
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Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 395 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2008
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
47621Retail sale of newspapers and periodicals
58190Other publishing activities, excluding software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.