Woupy
ActiveSummary
The computed 12-month bankruptcy probability of Woupy is 4.4% (elevated). The 2025 annual accounts show equity of €39,577 and a net result of €4,186. Its solvency ranks better than 36% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-08-2024 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112and 4 others
- Establishment units
- 2.362.154.490 2170 Antwerpen, since 02-08-2024
- 2.362.154.589 2170 Antwerpen, since 02-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 07-11-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.4%
Annual accounts 2025
- Gross margin
- €70,428
- ▲ 18.6%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €4,186
- ▼ 87.1%
- Equity
- €39,577
- ▲ 11.8%
- Total assets
- €295,557
- ▼ 5.7%
Score breakdownraises riskFounded in 2024Sector: Food and beverage service activities (NACE 56)Liquidity: current ratio 0.66, cash €3,9392 establishment unitsShow the evidence
Checked score
Score 2025
39
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 46% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency
38+2
equity 13.4% of total assets
Liquidity
45=
short-term debt 20.2% · cash 1.3%
Profitability
71-11
return on assets 1.4%
Bankruptcy probability within 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 3.3%lowest value
10-2025: 3.3%● unchanged vs 09-2025lowest value
11-2025: 3.4%▲ +0.1 percentage points vs 10-2025
12-2025: 3.4%● unchanged vs 11-2025
01-2026: 3.4%● unchanged vs 12-2025
02-2026: 3.4%● unchanged vs 01-2026
03-2026: 3.5%▲ +0.1 percentage points vs 02-2026
04-2026: 3.6%▲ +0.1 percentage points vs 03-2026
05-2026: 3.7%▲ +0.1 percentage points vs 04-2026
06-2026: 3.6%▼ -0.1 percentage points vs 05-2026
07-2026: 3.9%▲ +0.3 percentage points vs 06-2026
08-2026: 4.4%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 4.4%● unchanged vs 08-2026
10-2026: 4.4%● unchanged vs 09-2026
11-2026: 4.4%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.66 (0.43 in 2024), below 1. Short-term debt is 20.2% and cash 1.3% of total assets. 86.6% of the assets are financed with debt and provisions.
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 (NACE 56, micro). It does better than 36% of them on solvency, 41% on liquidity, 50% on profitability and 58% 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
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 07-07-2026, 24 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
24 days early
2024
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 13 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 07-07-2026 at the NBB all 2 filings
Turnover
≈ €260,000
Estimated: probably between €190,000 and €310,000
Total assets
€295,557▼ 5.7%
2024 · €313,277
Net result
€4,186▼ 87.1%
2024 · €32,391
Working capital
-€19,976▲ 47.0%
2024 · -€37,713
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€13,146
▼ 71.2%
2025
20242025
Net result
€4,186
▼ 87.1%
2025
middle half of the sector
20242025
Equity
€39,577
▲ 11.8%
2025
middle half of the sector
20242025
Total assets
€295,557
▼ 5.7%
2025
highest quarter of the sector
20242025
Debt
€255,979
▼ 7.9%
2025
20242025
Working capital
-€19,976
▲ 47.0%
2025
middle half of the sector
20242025
Solvency
13.4%
▲ 2.1pp
2025
middle half of the sector
20242025
Current ratio
0.66
▲ 0.23
2025
middle half of the sector
20242025
Return on assets (ROA)
1.4%
▼ 8.9pp
2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€45,658-€13,146▼ 71.2%
Net result€32,391above the sector's middle half-€4,186within the sector's middle half▼ 87.1%
Equity€35,391within the sector's middle half-€39,577within the sector's middle half▲ 11.8%
Total assets€313,277above the sector's middle half-€295,557above the sector's middle half▼ 5.7%
Debt€277,885-€255,979▼ 7.9%
Working capital-€37,713below the sector's middle half--€19,976within the sector's middle half▲ 47.0%
Solvency11.3%within the sector's middle half-13.4%within the sector's middle half▲ 2.1pp
Current ratio0.43below the sector's middle half-0.66within the sector's middle half▲ 0.23
Return on assets (ROA)10.3%within the sector's middle half-1.4%within the sector's middle half▼ 8.9pp
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 71% 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €295,557
Fixed assets
€255,977 ▼ 10.1%
Current assets
€39,579 ▲ 38.8%
Equity and liabilities €295,557
Equity
€39,577 ▲ 11.8%
Debt
€255,979 ▼ 7.9%
Debt's share of the balance-sheet total falls from 88.7% to 86.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68,252▲
2024 · €58,822
Cash flow
€59,292▲
2024 · €45,555
Quick ratio
0.62▲
2024 · 0.39
Debt to equity
6.47▼
2024 · 7.85
ROE
10.6%▼
2024 · 91.5%
Interest coverage
10.70▼
2024 · 25.35
Debt ≤ 1 year
€59,556▼
2024 · €66,227
Debt > 1 year
€195,536▼
2024 · €211,513
Income taxes
€2,420▼
2024 · €11,096
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €117,228 | €24,296 |
| Intangible fixed assets | €180,698 | - |
| Financial fixed assets | - | €2,025 |
| Depreciation and write-downs of the year | €13,164 | €55,106 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,164 | €55,106 | ▲ 319% |
| Other operating charges640/8 | €571 | €2,176 | ▲ 281% |
| Gross operating margin9900 | €59,392 | €70,428 | ▲ 18.6% |
| Operating profit (loss)9901 | €45,658 | €13,146 | ▼ 71.2% |
| Financial income75/76B | €149 | €215 | ▲ 43.7% |
| Recurring financial income75 | €149 | €215 | ▲ 43.7% |
| Financial charges65/66B | €2,321 | €6,754 | ▲ 191% |
| Recurring financial charges65 | €2,321 | €6,379 | ▲ 175% |
| Non-recurring financial charges66B | - | €375 | - |
| Profit (loss) for the period before taxes9903 | €43,487 | €6,606 | ▼ 84.8% |
| Income taxes67/77 | €11,096 | €2,420 | ▼ 78.2% |
| Profit (loss) for the period9904 | €32,391 | €4,186 | ▼ 87.1% |
| Profit (loss) for the period to be appropriated9905 | €32,391 | €4,186 | ▼ 87.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €313,277 | €295,557 | ▼ 5.7% |
| Fixed assets21/28 | €284,762 | €255,977 | ▼ 10.1% |
| Intangible fixed assets21 | €171,589 | €135,449 | ▼ 21.1% |
| Tangible fixed assets22/27 | €113,173 | €118,503 | ▲ 4.7% |
| Plant, machinery and equipment23 | €28,398 | €22,715 | ▼ 20.0% |
| Furniture and vehicles24 | €2,686 | €20,599 | ▲ 667% |
| Other tangible fixed assets26 | €82,089 | €75,189 | ▼ 8.4% |
| Financial fixed assets28 | - | €2,025 | - |
| Current assets29/58 | €28,514 | €39,579 | ▲ 38.8% |
| Stocks and contracts in progress3 | €2,868 | €2,936 | ▲ 2.4% |
| Stocks30/36 | €2,868 | €2,936 | ▲ 2.4% |
| Amounts receivable within one year40/41 | €21,295 | €31,627 | ▲ 48.5% |
| Trade receivables40 | €21,145 | €28,761 | ▲ 36.0% |
| Other amounts receivable41 | €150 | €2,866 | ▲ 19× |
| Cash at bank and in hand54/58 | €4,254 | €3,939 | ▼ 7.4% |
| Deferred charges and accrued income490/1 | €97 | €1,077 | ▲ 11× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €313,277 | €295,557 | ▼ 5.7% |
| Equity10/15 | €35,391 | €39,577 | ▲ 11.8% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €32,391 | €36,577 | ▲ 12.9% |
| Distributable reserves133 | €32,391 | €36,577 | ▲ 12.9% |
| Amounts payable17/49 | €277,885 | €255,979 | ▼ 7.9% |
| Amounts payable after more than one year17 | €211,513 | €195,536 | ▼ 7.6% |
| Financial debts170/4 | €108,513 | €92,536 | ▼ 14.7% |
| Other amounts payable178/9 | €103,000 | €103,000 | = |
| Amounts payable within one year42/48 | €66,227 | €59,556 | ▼ 10.1% |
| Current portion of amounts payable after more than one year42 | €26,801 | €32,506 | ▲ 21.3% |
| Trade debts44 | €7,135 | €12,256 | ▲ 71.8% |
| Suppliers440/4 | €7,135 | €12,256 | ▲ 71.8% |
| Taxes, remuneration and social security45 | €11,982 | €13,127 | ▲ 9.6% |
| Taxes450/3 | €11,982 | €13,127 | ▲ 9.6% |
| Other amounts payable47/48 | €20,310 | €1,667 | ▼ 91.8% |
| Accrued charges and deferred income492/3 | €144 | €887 | ▲ 514% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €32,391 | €4,186 | ▼ 87.1% |
| + Depreciation and write-downs630 | €13,164 | €55,106 | ▲ 319% |
| Operating cash flow (approximation) | €45,555 | €59,292 | ▲ 30.2% |
| Investment in fixed assets (approximation) | - | -€26,321 | - |
| Change in cash | - | -€315 | - |
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, 2,542 companies had the same profile as Woupy has now. Two years later, 94.9% were still going and 3.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
94.9%
was still going
1.2%
stopped otherwise
3.5%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Woupy itself: 4.4% 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 2,542 companies, not a prediction for Woupy. 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.
Board & ownership
Directors
Directors
2 directors, no change since 2024
DE HEEL Cindy
Current
Director (not named in the articles) · appointed in the act of 06-08-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 07-07-2026
Vercauteren Nico
Current
Director (not named in the articles) · appointed in the act of 06-08-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 07-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 06-08-2024Owners and capital
Shareholders
At incorporation
act of 06-08-2024 ↗
- VERCAUTEREN Nico 5 shares (5%) · €150
- DE HEEL Cindy 94 shares (94%) · €2,820
- MUTSAERTS Tatiana Maria Renée 1 share (1%) · €30
Capital transactions
Capital over time
- 06-08-2024 Incorporation · €3,000 · 100 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| DE HEEL Cindy |
|
| Vercauteren Nico |
|
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Kroonplein
via Vercauteren Nico · Director
former→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
07-07
micro format · 24 days before the deadline
2025
29-07
micro format · 2 days before the deadline
2024
06-08
Gazette deed
IncorporationStarting capital €3,000 · Appointments: VERCAUTEREN Nico (director) and DE HEEL Cindy (director) · Founder12 points ▸
Gazette deed
Incorporation
Starting capital €3,000 · Appointments: VERCAUTEREN Nico (director) and DE HEEL Cindy (director) · Founder12 points ▸
- Incorporation, “Woupy” (deed in Dutch)
- Founding capital, €3,000
- Founder, VERCAUTEREN Nico
- Founder, DE HEEL Cindy
- Founder, MUTSAERTS Tatiana Maria Renée
- Capital
- Registered office clause, “2170 Antwerpen-Merksem,Trompetvogelstraat 119” (deed in Dutch)
- Board rule, 2
- Director appointment, VERCAUTEREN Nico (director (not named in the articles))
- Director appointment, DE HEEL Cindy (director (not named in the articles))
- Other provision, “kwijting ontslagnemende zaakvoerder, volgende jaarvergadering” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten door comparanten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Woupy in Dutch
Enterprise number
1012.160.653
Legal form
Private limited company
Status
Active, normale toestand
Founded
02-08-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-08-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…”
deed of 06-08-2024 (in Dutch)Registered office and establishments
Registered office
Trompetvogelstraat 119, 2170 Antwerpen, Belgium
Establishment units
Woupy, Trompetvogelstraat 119, 2170 Antwerpen since 02-08-2024 · unit number 2.362.154.490
Woupy, Kroonplein 54, 2170 Antwerpen since 02-08-2024 · unit number 2.362.154.589
Activities
NACEBEL 202556112
Limited-service restaurants, excluding mobile food services main activity
10520
Manufacture of food products
47210
Retail sale of fruit and vegetables
49330
On-demand passenger transport by chauffeured vehicle
56210
Event catering
Codes under NACEBEL 2008
56102
Limited-service restaurants main activity
10520
Manufacture of food products
47810
Retail trade
49320
Taxi operation
56210
Catering
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 06-08-2024 (in Dutch)
“Frituur; Markt- en straathandel in voedings- en genotsmiddelen; Eetgelegenheden met beperkte bediening of met volledige bediening…”
12 activities
- Frituur
- Markt- en straathandel in voedings- en genotsmiddelen
- Eetgelegenheden met beperkte bediening of met volledige bediening
- Vervaardiging van consumptie-ijs
- Productie van roomijs en andere consumptie-ijs(bv.sorbet),inclusief roomijs dat door de producent zelf langs de openbare weg verkocht wordt
- Verkoop aan de toog of via telefoon,fax,internet van eetwaren en dranken zoals onder meer aan frietkramen,hotdogstalletjes,snelbuffetten(snackbars,sandwichbars),croissanteries,crêperies,warme wafelkramen,tearooms,ijssalons,cafetaria’s,drive-in-restaurants,pizzeria’s enz.
- Kleinhandel in allerlei producten op een wijze die niet is begrepen in voorgaande activiteiten zoals doch niet uitsluitend huis-aan-huis-verkoop,verkoopautomaten,demonstratieverkoop,ambulante handel enz.
- Catering:klaarmaken,thuisbezorging en eventueel serveren van maaltijden en bereide schotels
- Het organiseren van bruiloften,banketten,cocktails,lunches,recepties enz.
- Andere drinkgelegenheden
- Adviesbureaus op het vlak van public relations en communicatie
- Overige zakelijk dienstverlening
Invoicing and payment
VAT number
BE 1012.160.653
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 13:00
deed of 06-08-2024 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpenunit number 2.362.154.589
Sites & property
Location
Buildings and parcels at the addresses
Ground area
319 m²
Building footprint
109 m²
Building volume
946 m³
Tallest building: 14.8 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11028A0235/00A003 | Flanders | 201 m² | 1 · 63 m² | 8.5 m · 3 |
| 11422C0168/00R003 | Flanders | 117 m² | 1 · 46 m² | 14.8 m · 3 |