Parent and group
- IB-ACCOVER51%
WPS-Europe
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of WPS-Europe is 2.7% (moderate). The annual accounts of WPS-Europe for financial year 2025 show a net loss of 52% of total assets. The 2025 annual accounts show equity of €173,760 and a net result of -€161,989. Equity has been stable since 2019 (±1.6% per year). Its solvency ranks better than 70% of 12,757 sector peers (NACE 47, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 07-11-1991 Normal situation
- Legal form
- Private limited company
- Registered office
- Boombekelaan 9, 2660 Antwerpen
- Activity
- Retail trade NACE 47529
- Establishment unit
- 2.055.858.382 2660 Antwerpen, since 22-01-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 29-09-2025
Board and ownership
Board
- Herman VerhaegenDirector · since 07-11-1991
- IB-ACCOVERDirector · since 10-07-2025 · permanent representative Willy Verhaegen
- Harry Jules Rachel VAN AELSTDirector
Shareholders
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.7%
Annual accounts 2025
- Gross margin
- -€153,296
- Loss
- €161,989
- Equity
- €173,760
- Total assets
- €309,136
Turnover not published (abbreviated format)Net result -5,021%: 15-month year2025 accounts filed 25 days before the deadline
Filed on 06-07-2026at the National Bank
Score breakdownraises risk2 changes of registered office in 24 monthsLoss of €161,989, the second in a row (financial year 2025)Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.12, cash €81,684Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 48% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency
81+22
equity 56.2% of total assets
Liquidity
62+21
short-term debt 43.8% · cash 26.4%
Profitability
0=
return on assets -52.4%
Bankruptcy probability within 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.5%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.4 percentage points vs 04-2025
06-2025: 0.4%▼ -0.5 percentage points vs 05-2025lowest value
07-2025: 0.4%● unchanged vs 06-2025lowest value
08-2025: 0.4%● unchanged vs 07-2025lowest value
09-2025: 0.9%▲ +0.5 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 1.0%▲ +0.1 percentage points vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.6%▲ +0.5 percentage points vs 04-2026
06-2026: 1.9%▲ +0.3 percentage points vs 05-2026
07-2026: 3.0%▲ +1.1 percentage points vs 06-2026highest value
08-2026: 2.7%▼ -0.3 percentage points vs 07-2026
09-2026: 2.7%● unchanged vs 08-2026
10-2026: 2.7%● unchanged vs 09-2026
Credit of up to €9,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.12 (0.32 in 2024), below the usual 1.5. Short-term debt is 43.8% and cash 26.4% of total assets. 43.8% 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 47, micro). It does better than 70% of them on solvency, 69% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €173,760
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
2 days early
2023
43 days early
2022
2 days early
2021
4 days early
2020
3 days early
2019
27 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Key points
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€161,989 View
- Positive: Equity rose in 2025capital increase ▲ 40× View
- Caution: Lower net result than 95% of companies in retail tradesector median €27,641 · 12,747 companies -€161,989 View
- Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
- New directorlatest change 06-07-2026 · 3 in office 1 joined View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 06-07-2026
- Annual accounts 2024filed on 28-04-2025
- Annual accounts 2023filed on 18-03-2024
- Annual accounts 2022filed on 28-04-2023
Acts in the Belgian Official Gazette
- Registered office · Other addresses · Resignations & appointmentsact of 06-07-2026
- Registered office · Capital & shares · Purpose · Amendment of the articles · Legal-form change · Name · Resignations & appointments · Miscellaneousact of 06-08-2025
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about WPS-Europe
- What is the company number of WPS-Europe?
- The company number of WPS-Europe is 0445.672.834. The VAT number is the same number with BE in front: BE 0445.672.834.
- Where is WPS-Europe based?
- The registered office is at Boombekelaan 9, 2660 Antwerpen.Company details
- What does WPS-Europe do?
- According to the KBO register, the main activity is retail trade (NACE 47529).
- What is the legal form of WPS-Europe?
- The legal form of WPS-Europe is Private limited company (BV).
- When was WPS-Europe founded?
- WPS-Europe was founded on 07-11-1991.
- Is WPS-Europe still active?
- Yes, WPS-Europe is an active enterprise in the KBO register.
- How many employees does WPS-Europe have?
- WPS-Europe had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of WPS-Europe?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is WPS-Europe profitable?
- In financial year 2025, WPS-Europe made a loss of €161,989.
- Where can I find the annual accounts of WPS-Europe?
- WPS-Europe filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
Companies linked to WPS-Europe
Comparable companies
These companies have the same main activity as WPS-Europe: retail trade (NACE 47529). They are comparable in size and age: total assets between €96,600 and €507,000, founded between 1988 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| WPS-Europe Antwerpen | €309,136 | -€153,296 |
| INDECON Brugge | €301,421 | -€14,046 |
| SCHRIJN- EN TIMMERWERKEN WIM STAUT Beveren-Kruibeke-Zwijndrecht | €96,578 | -€11,151 |
| HORIZON ENERGIE Philippeville | €467,790 | -€466,923 |
| A & N SHALA Schaarbeek | €506,694 | -€21,984 |
| ALTA Kontich | €123,136 | -€27,176 |
| SpaCenter Arendonk | €168,877 | €5,702 |
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