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WOK WEST

Active
Private limited company (pre-2019)founded 2018active for 8 yearsLouizalaan 176, 1050 Elsene, Belgium47 active companies are registered at this addressKBO/BCE: BE 0698.991.797
Summary

The computed 12-month bankruptcy probability of WOK WEST is 5.6% (elevated). The 2024 annual accounts show negative equity (-€15,673) and a net result of €13,810. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 18,737 sector peers (NACE 56, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€985,008total assets 2024
Staff
5.8 FTE
Equity
-€15,673
Profit
€13,810
Turnover not published (micro format)
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.6%
Structure
Accounts 75 days overdue0 of 3 deeds read
Why 37raises risk1 financial year not filed after the legal deadline; latest accounts 93 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 01-11-2025)Sector: Food and beverage service activities (NACE 56)lowers riskSize: total assets €985,008Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 40% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 23+3
equity -1.6% of total assets
Liquidity 2+1
short-term debt 101.6% · cash 1.8%
Profitability 71=
return on assets 1.4%
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,718 companies, NACE 56, micro)
Last 24 months 11-2024: 15.7%highest value 12-2024: 15.7%● unchanged vs 11-2024highest value 01-2025: 15.7%● unchanged vs 12-2024highest value 02-2025: 13.1%▼ -2.6 percentage points vs 01-2025 03-2025: 13.4%▲ +0.3 percentage points vs 02-2025 04-2025: 12.4%▼ -1.0 percentage point vs 03-2025 05-2025: 12.4%● unchanged vs 04-2025 06-2025: 12.2%▼ -0.2 percentage points vs 05-2025 07-2025: 12.2%● unchanged vs 06-2025 08-2025: 14.4%▲ +2.2 percentage points vs 07-2025 09-2025: 8.3%▼ -6.1 percentage points vs 08-2025 10-2025: 9.8%▲ +1.5 percentage points vs 09-2025 11-2025: 9.2%▼ -0.6 percentage points vs 10-2025 12-2025: 3.8%▼ -5.4 percentage points vs 11-2025 01-2026: 3.8%● unchanged vs 12-2025 02-2026: 3.5%▼ -0.3 percentage points vs 01-2026 03-2026: 3.5%● unchanged vs 02-2026lowest value 04-2026: 3.5%● unchanged vs 03-2026 05-2026: 3.6%▲ +0.1 percentage points vs 04-2026 06-2026: 3.7%▲ +0.1 percentage points vs 05-2026 07-2026: 3.8%▲ +0.1 percentage points vs 06-2026 08-2026: 3.8%● unchanged vs 07-2026 09-2026: 4.1%▲ +0.3 percentage points vs 08-2026 10-2026: 5.6%▲ +1.5 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.85, compared with 0.66 in 2023, below 1; short-term debt: 101.6% and cash: 1.8% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 56, micro): better than 25% on solvency, 4% on liquidity, 50% on profitability and 80% on growth.

The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 93 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 01-11-2025)
NBB · annual accounts
lowers risk · Size: total assets €985,008
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-11-2025, 93 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
93 days late
2023
386 days late
2022
538 days late
2021
336 days late
2020
286 days late
2019
278 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 320 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€15,673 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Caution: Among the weakest 19% on equitysector median €27,787 · 18,778 companies -€15,673 View

By topic

Financials

Financial year
2024
Total assets
€985,008
Profit
€13,810
Solvency
-1.6%
Total assets▲ 80.2%
Net result
20182024
Go to Financials

Timeline

Events
9
Since
2019
  1. 02-07-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 13-05-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
29-06-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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