WP
ActiveSummary
WP has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361k and a net result of €71k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 62% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+6
Solvency83▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 2.01 in 2024; short-term debt: 37.9% and cash: 41.1% of total assets), and 42.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.6%
Return on assets
11.4%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
6 d early
2022
1 d early
2021
179 d late
2020
138 d late
2019
103 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€361k▲ 24.6%
2024 · €290k
2018: €183klowest in 8 years
2019: €203k▲ +10.6% vs 2018
2020: €217k▲ +7.2% vs 2019
2021: €228k▲ +5.0% vs 2020
2022: €246k▲ +7.9% vs 2021
2023: €257k▲ +4.5% vs 2022
2024: €290k▲ +12.8% vs 2023
2025: €361k▲ +24.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€627k▼ 2.6%
2024 · €644k
2018: €943k
2019: €1.07M▲ +13.4% vs 2018highest in 8 years
2020: €955k▼ -10.6% vs 2019
2021: €788k▼ -17.5% vs 2020
2022: €844k▲ +7.1% vs 2021
2023: €829k▼ -1.8% vs 2022
2024: €644k▼ -22.2% vs 2023
2025: €627k▼ -2.6% vs 2024lowest in 8 years
2018 → 2025
Net result
€71k▲ 65.9%
2024 · €43k
2018: €46k
2019: €44k▼ -3.7% vs 2018
2020: €40k▼ -10.7% vs 2019
2021: €36k▼ -9.6% vs 2020lowest in 8 years
2022: €43k▲ +20.2% vs 2021
2023: €36k▼ -16.1% vs 2022
2024: €43k▲ +19.2% vs 2023
2025: €71k▲ +65.9% vs 2024highest in 8 years
2018 → 2025
Working capital
€332k▲ 15.2%
2024 · €288k
2018: €179klowest in 8 years
2019: €201k▲ +12.2% vs 2018
2020: €225k▲ +11.9% vs 2019
2021: €396k▲ +76.2% vs 2020
2022: €408k▲ +3.0% vs 2021highest in 8 years
2023: €325k▼ -20.3% vs 2022
2024: €288k▼ -11.5% vs 2023
2025: €332k▲ +15.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€228k-€246k▲ 7.9%€257k▲ 4.5%€290k▲ 12.8%€361k▲ 24.6%
2021: €228klowest in 5 years
2022: €246k▲ +7.9% vs 2021
2023: €257k▲ +4.5% vs 2022
2024: €290k▲ +12.8% vs 2023
2025: €361k▲ +24.6% vs 2024highest in 5 years
Operating result€60k-€54k▼ 10.0%€58k▲ 7.2%€53k▼ 7.9%€97k▲ 83.5%
2021: €60k
2022: €54k▼ -10.0% vs 2021
2023: €58k▲ +7.2% vs 2022
2024: €53k▼ -7.9% vs 2023lowest in 5 years
2025: €97k▲ +83.5% vs 2024highest in 5 years
Net result€36k-€43k▲ 20.2%€36k▼ 16.1%€43k▲ 19.2%€71k▲ 65.9%
2021: €36klowest in 5 years
2022: €43k▲ +20.2% vs 2021
2023: €36k▼ -16.1% vs 2022
2024: €43k▲ +19.2% vs 2023
2025: €71k▲ +65.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 83% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €627k
Fixed assets
€58k ▼ 18.0%
Current assets
€569k ▼ 0.7%
Equity and liabilities €627k
Equity
€361k ▲ 24.6%
Debt
€266k ▼ 25.0%
Debt's share of the balance-sheet total falls from 55.0% to 42.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▲
2024 · €71k
Cash flow
€91k▲
2024 · €60k
Current ratio
2.40▲
2024 · 2.01
Quick ratio
1.55▲
2024 · 1.25
Debt to equity
0.74▼
2024 · 1.22
ROE
19.7%▲
2024 · 14.8%
ROA
11.4%▲
2024 · 6.7%
Interest coverage
25.16▲
2024 · 12.43
Debt ≤ 1 year
€237k▼
2024 · €285k
Debt > 1 year
€19k▼
2024 · €54k
Income taxes
€21k▲
2024 · €8k
Staff costs
€246k▲
2024 · €200k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€644k€627k▼
Fixed assets21/28€71k€58k▼
Tangible fixed assets22/27€71k€58k▼
Land and buildings22-€1k
Furniture and vehicles24€71k€56k▼
Financial fixed assets28€500€500=
Current assets29/58€573k€569k▼
Stocks and contracts in progress3€216k€200k▼
Stocks30/36€216k€200k▼
Amounts receivable within one year40/41€210k€111k▼
Trade receivables40€210k€111k▼
Cash at bank and in hand54/58€147k€258k▲
Equity and liabilities
Total equity and liabilities10/49€644k€627k▼
Equity10/15€290k€361k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€282k€353k▲
Amounts payable17/49€354k€266k▼
Amounts payable after more than one year17€54k€19k▼
Financial debts170/4€54k€19k▼
Amounts payable within one year42/48€285k€237k▼
Current portion of amounts payable after more than one year42€51k€34k▼
Trade debts44€126k€75k▼
Suppliers440/4€126k€75k▼
Taxes, remuneration and social security45€29k€45k▲
Taxes450/3€22k€33k▲
Remuneration and social security454/9€7k€11k▲
Other amounts payable47/48€80k€84k▲
Accrued charges and deferred income492/3€15k€9k▼
Income statement
Code20242025
Remuneration, social security and pensions62€200k€246k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€20k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€24k
Other operating charges640/8€24k€15k▼
Gross operating margin9900€295k€402k▲
Operating profit (loss)9901€53k€97k▲
Financial income75/76B€4k€36▼
Recurring financial income75€4k€36▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€51k€93k▲
Income taxes67/77€8k€21k▲
Profit (loss) for the period9904€43k€71k▲
Profit (loss) for the period to be appropriated9905€43k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€292k€353k▲
Profit (loss) brought forward from the previous period14P€249k€282k▲
Profit to be distributed694/7€10k-
Directors or managers695€10k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €151k | €138k | €174k | €200k | €246k | ▲ 23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €9k | €17k | €20k | ▲ 11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €24k | - |
| Other operating charges640/8 | €13k | €11k | €13k | €24k | €15k | ▼ 38.8% |
| Gross operating margin9900 | €232k | €212k | €253k | €295k | €402k | ▲ 36.2% |
| Operating profit (loss)9901 | €60k | €54k | €58k | €53k | €97k | ▲ 83.5% |
| Financial income75/76B | €19 | €500 | €131 | €4k | €36 | ▼ 99.1% |
| Recurring financial income75 | €19 | €500 | €131 | €4k | €36 | ▼ 99.1% |
| Financial charges65/66B | €14k | €7k | €12k | €6k | €5k | ▼ 18.1% |
| Recurring financial charges65 | €14k | €7k | €12k | €6k | €5k | ▼ 18.1% |
| Profit (loss) for the period before taxes9903 | €45k | €47k | €46k | €51k | €93k | ▲ 80.1% |
| Income taxes67/77 | €10k | €4k | €10k | €8k | €21k | ▲ 153% |
| Profit (loss) for the period9904 | €36k | €43k | €36k | €43k | €71k | ▲ 65.9% |
| Profit (loss) for the period to be appropriated9905 | €36k | €43k | €36k | €43k | €71k | ▲ 65.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €788k | €844k | €829k | €644k | €627k | ▼ 2.6% |
| Fixed assets21/28 | €19k | €11k | €76k | €71k | €58k | ▼ 18.0% |
| Tangible fixed assets22/27 | €18k | €10k | €76k | €71k | €58k | ▼ 18.2% |
| Land and buildings22 | - | - | - | - | €1k | - |
| Plant, machinery and equipment23 | €578 | - | - | - | - | - |
| Furniture and vehicles24 | €15k | €9k | €76k | €71k | €56k | ▼ 20.2% |
| Other tangible fixed assets26 | €3k | €1k | - | - | - | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €769k | €834k | €752k | €573k | €569k | ▼ 0.7% |
| Stocks and contracts in progress3 | €301k | €406k | €331k | €216k | €200k | ▼ 7.4% |
| Stocks30/36 | €301k | €406k | €331k | €216k | €200k | ▼ 7.4% |
| Amounts receivable within one year40/41 | €321k | €222k | €246k | €210k | €111k | ▼ 46.9% |
| Trade receivables40 | €321k | €222k | €246k | €210k | €111k | ▼ 46.9% |
| Other amounts receivable41 | €3 | €3 | - | - | - | - |
| Cash at bank and in hand54/58 | €147k | €205k | €175k | €147k | €258k | ▲ 74.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €788k | €844k | €829k | €644k | €627k | ▼ 2.6% |
| Equity10/15 | €228k | €246k | €257k | €290k | €361k | ▲ 24.6% |
| Contributions10/11 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €220k | €238k | €249k | €282k | €353k | ▲ 25.3% |
| Amounts payable17/49 | €560k | €598k | €571k | €354k | €266k | ▼ 25.0% |
| Amounts payable after more than one year17 | €145k | €106k | €104k | €54k | €19k | ▼ 63.8% |
| Financial debts170/4 | €145k | €106k | €104k | €54k | €19k | ▼ 63.8% |
| Amounts payable within one year42/48 | €374k | €426k | €427k | €285k | €237k | ▼ 16.8% |
| Current portion of amounts payable after more than one year42 | €39k | €40k | €50k | €51k | €34k | ▼ 32.3% |
| Trade debts44 | €134k | €290k | €277k | €126k | €75k | ▼ 41.0% |
| Suppliers440/4 | €134k | €290k | €277k | €126k | €75k | ▼ 41.0% |
| Taxes, remuneration and social security45 | €48k | €40k | €33k | €29k | €45k | ▲ 54.2% |
| Taxes450/3 | €44k | €36k | €33k | €22k | €33k | ▲ 54.2% |
| Remuneration and social security454/9 | €4k | €5k | - | €7k | €11k | ▲ 54.0% |
| Other amounts payable47/48 | €153k | €55k | €67k | €80k | €84k | ▲ 5.7% |
| Accrued charges and deferred income492/3 | €41k | €67k | €40k | €15k | €9k | ▼ 40.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €43k | €36k | €43k | €71k | ▲ 65.9% |
| + Depreciation and write-downs630 | €8k | €8k | €9k | €17k | €20k | ▲ 11.8% |
| Operating cash flow (approximation) | €44k | €51k | €45k | €60k | €91k | ▲ 50.3% |
| Investment in fixed assets (approximation) | - | €0 | €-74k | €-13k | €-7k | ▲ 46.5% |
| Change in cash | - | €58k | €-29k | €-28k | €110k | ▲ 494% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €71k ▲65.9%
Operating result €97k, net result €71k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 179 days late
2021
30-09
Financial
Weakest financial yearnet €36k ▼9.6%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 138 days late
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 103 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 469 days late
2019
30-09
Financial
Equity above €200kEq €203k ▲10.6%
2 profitable years in a row build equity to €203k.
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 326 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 691 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kortenaken · 1 establishment unit since 2013
Ground area
750 m²
Building footprint
129 m²
Volume, LiDAR
567 m³
Parcel 24054A0202/00A003, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
WP
since 20132.295.209.248
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24054A0202/00A003 | Flanders | 750 m² | 1 · 129 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 806 companies in sector 46610 we hold annual accounts for 566. 461 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-2013
Fiscal year end30-09
Activities, NACEBEL 2025
46610Wholesale trade
47812Retail trade
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Scores and ratios are computed by Checked and are not a credit decision.