WSE
ActiveWSE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €-23k. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 79% of 2281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▲+6
Solvency90▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 3.28 in 2024; short-term debt: 34.6% and cash: 11% of total assets), and 34.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.4%
Return on assets
-8.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-23k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
28 d late
2023
on the day
2022
4 d early
2021
on the day
2020
278 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€178k▼ 11.5%
2024 · €201k
2019: €134k
2020: €286k
2021: €305k
2022: €308k
2023: €236k
2024: €201k
2019 → 2025
Total assets
€272k▲ 2.9%
2024 · €265k
2019: €654k
2020: €658k
2021: €521k
2022: €517k
2023: €338k
2024: €265k
2019 → 2025
Net result
€-23k▲ 33.6%
2024 · €-35k
2019: €6k
2020: €152k
2021: €19k
2022: €3k
2023: €-72k
2024: €-35k
2019 → 2025
Working capital
€140k▼ 2.1%
2024 · €143k
2019: €201k
2020: €199k
2021: €225k
2022: €231k
2023: €161k
2024: €143k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€305k-€308k▲ 1.0%€236k▼ 23.4%€201k▼ 14.8%€178k▼ 11.5%
Operating result€27k-€7k▼ 73.7%€-13k€-34k▼ 159%€-23k▲ 31.9%
Net result€19k-€3k▼ 83.4%€-72k€-35k▲ 51.8%€-23k▲ 33.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23k in 2025 against €34k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272k
Fixed assets
€38k▼ 35.5%
Current assets
€235k▲ 13.8%
Equity and liabilities €272k
Equity
€178k▼ 11.5%
Debt
€94k▲ 48.8%
The debt ratio rises from 23.9% to 34.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▲
2024 · €-10k
Cash flow
€-2k▲
2024 · €-11k
Solvency
65.4%▼
2024 · 76.1%
Current ratio
2.49▼
2024 · 3.28
Quick ratio
2.49▼
2024 · 3.28
Debt / equity
0.53▲
2024 · 0.31
ROE
-13.0%▲
2024 · -17.3%
ROA
-8.5%▲
2024 · -13.2%
Interest coverage
-8.66▼
2024 · -7.96
Debt
€94k▲
2024 · €63k
Debt ≤ 1 year
€94k▲
2024 · €63k
Debt > 1 year
€0▼
2024 · €529
Staff costs
€0▼
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€265k€272k▲
Fixed assets21/28€58k€38k▼
Intangible fixed assets21€58k€38k▼
Tangible fixed assets22/27€389€139▼
Furniture and vehicles24€389€139▼
Current assets29/58€206k€235k▲
Amounts receivable within one year40/41€175k€205k▲
Other amounts receivable41€175k€205k▲
Cash at bank and in hand54/58€32k€30k▼
Equity and liabilities
Total equity and liabilities10/49€265k€272k▲
Equity10/15€201k€178k▼
Contributions10/11€494k€494k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-294k€-317k▼
Amounts payable17/49€63k€94k▲
Amounts payable after more than one year17€529€0▼
Financial debts170/4€529€0▼
Amounts payable within one year42/48€63k€94k▲
Current portion of amounts payable after more than one year42€6k€529▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€54k€15k▼
Taxes450/3€54k€15k▼
Other amounts payable47/48-€76k
Income statement
Code20242025
Remuneration, social security and pensions62€45k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€21k▼
Other operating charges640/8€384€387▲
Gross operating margin9900€35k€-2k▼
Operating profit (loss)9901€-34k€-23k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1k€250▼
Recurring financial charges65€1k€250▼
Profit (loss) for the period before taxes9903€-35k€-23k▲
Profit (loss) for the period9904€-35k€-23k▲
Profit (loss) for the period to be appropriated9905€-35k€-23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-294k€-317k▼
Profit (loss) brought forward from the previous period14P€-259k€-294k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-72k ▼2380%
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 278 days late
2020
30-06
Financial
Highest result since 2019net €152k ▲2313%
Operating result €164k, net result €152k, both a record.
30-06
Financial
Equity above €200kEq €286k ▲113%
2 profitable years in a row build equity to €286k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-12-2020
Vincent Vanderbeken: Resigned as Director
23-07-2020
Pieter Bastin: Resigned as Director
15-01-2018
Bastin Barbara: Resigned as Manager
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bondgenotenlaan 1293000 LeuvenGround area
349 m²
Building footprint
143 m²
Volume, LiDAR
1,661 m³
Parcel 24502B0134/00M005, Flanders · tallest building 20.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kokoro Leuven
since 20172.267.005.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0134/00M005 | Flanders | 349 m² | 1 · 143 m² | 20.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
CAMERON HANLEY SHOWJUMPERS
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BAREMI
BE 0461.132.852
Gent · Eq €179k
LAKONIA
BE 0447.201.771
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EURO - CITY S.B.R.
BE 0476.711.349
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MEAS
BE 0871.591.718
Lontzen · Eq €180k
Of 3,292 companies in sector 93110 we hold annual accounts for 1,492. 1,121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2007
Fiscal year end30-06
Activities, NACEBEL
92611
93110Operation of sports facilities
47120Other non-specialised retail sale
47910Retail trade
85599Other education
92612
93040
93130Fitness centres
96022Beauty treatment
96040Personal service activities
96999Other personal services
96220Beauty care and other beauty treatments
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.