Financials
- Fiscal year
- 2024
- Total assets
- €23,190
- Loss
- -€16,387
- Solvency
- -80.3%
Total assets▼ 68.8%
Net result
20182024
WOUTER CRETS
ActiveSummary
The computed 12-month bankruptcy probability of WOUTER CRETS is 12.0% (high). The 2024 annual accounts show negative equity (-€18,620) and a net result of -€16,387. Equity is shrinking by ~22.2% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Activity not known
Size
€23,190total assets 2024
- Equity
- -€18,620
- Loss
- -€16,387
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 2 deeds read
Why 27- No main activity registered- No establishment unit in the KBO- Ex-officio strike-off in the KBO+ Size: total assets €23,190Show the evidence
Checked score
Score 2024
27
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 6% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0-22
equity -80.3% of total assets
Liquidity
23-27
short-term debt 177.7% · cash 18.2%
Profitability
0=
return on assets -70.7%
Bankruptcy probability, 12 months
12.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.6%
12-2024: 9.2%▲ +22.1% vs 11-2024
01-2025: 12.0%▲ +30.2% vs 12-2024
02-2025: 12.0%● 0.0% vs 01-2025
03-2025: 12.3%▲ +2.0% vs 02-2025
04-2025: 11.8%▼ -3.9% vs 03-2025
05-2025: 10.5%▼ -10.8% vs 04-2025
06-2025: 18.2%▲ +73.2% vs 05-2025highest value
07-2025: 18.2%● 0.0% vs 06-2025highest value
08-2025: 13.6%▼ -25.5% vs 07-2025
09-2025: 7.0%▼ -48.3% vs 08-2025
10-2025: 7.0%● 0.0% vs 09-2025
11-2025: 7.1%▲ +1.7% vs 10-2025
12-2025: 7.1%● 0.0% vs 11-2025
01-2026: 7.1%▼ -0.9% vs 12-2025
02-2026: 7.1%● 0.0% vs 01-2026
03-2026: 7.0%▼ -0.7% vs 02-2026
04-2026: 7.0%● 0.0% vs 03-2026
05-2026: 7.0%▼ -0.2% vs 04-2026lowest value
06-2026: 7.0%● 0.0% vs 05-2026lowest value
07-2026: 8.5%▲ +20.6% vs 06-2026
08-2026: 9.7%▲ +14.4% vs 07-2026
09-2026: 9.9%▲ +2.6% vs 08-2026
10-2026: 12.0%▲ +21.1% vs 09-2026
- Size: total assets €23,190 lowers the probability for this profile
- No main activity registered raises the probability
- No establishment unit in the KBO raises the probability
- Ex-officio strike-off in the KBO raises the probability
No credit on open account
Liquidity short (current ratio 0.39 against 0.81 in 2023; short-term debt: 177.7% and cash: 18.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 13%, profitability 4%, growth against the median 0%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 -€18,620
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
334 d late
2022
335 d late
2021
30 d late
2020
39 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 128 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Address struckLeuvensebaan 354 Die Sitzadresse Leuvensebaan…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 31-07-2025Annual accounts filed
- 30-06-2025Annual accounts filed
- 07-05-2025Address struck
Company details
- Legal form
- Private limited company (pre-2019)
- Founded
- 19-07-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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