WSELS
ActiveSummary
WSELS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,547 and a net result of €47,675. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+83
Solvency64▼-36
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 14.08 in 2024; short-term debt: 61% and cash: 72.4% of total assets), but 61% of the assets are financed with debt.
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Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
39%
Return on assets
53.8%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
9 d early
2024
39 d early
2023
33 d early
2022
35 d early
2021
3 d early
2020
11 d early
2019
13 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€34,547▼ 77.3%
2024 · €151,873
Total assets
€88,589▼ 45.7%
2024 · €163,199
Net result
€47,675
2024 · -€2,833
Working capital
€31,793▼ 78.5%
2024 · €148,105
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33,197▼ 8.6%€26,916▼ 18.9%€12,684▼ 52.9%-€2,618€60,604
Net result€25,392within the sector's middle half▼ 7.2%€19,902within the sector's middle half▼ 21.6%€9,215within the sector's middle half▼ 53.7%-€2,833below the sector's middle half€47,675within the sector's middle half
Equity€113,189within the sector's middle half▲ 28.9%€145,491within the sector's middle half▲ 28.5%€154,706within the sector's middle half▲ 6.3%€151,873within the sector's middle half▼ 1.8%€34,547within the sector's middle half▼ 77.3%
Total assets€146,727within the sector's middle half▲ 25.4%€177,764within the sector's middle half▲ 21.2%€161,865within the sector's middle half▼ 8.9%€163,199within the sector's middle half▲ 0.8%€88,589within the sector's middle half▼ 45.7%
Debt€33,538▲ 14.8%€32,272▼ 3.8%€7,159▼ 77.8%€11,326▲ 58.2%€54,042▲ 377%
Working capital€95,974within the sector's middle half▲ 36.8%€134,717above the sector's middle half▲ 40.4%€148,347above the sector's middle half▲ 10.1%€148,105above the sector's middle half▼ 0.2%€31,793within the sector's middle half▼ 78.5%
Solvency77.1%within the sector's middle half▲ 2.1pp81.8%above the sector's middle half▲ 4.7pp95.6%above the sector's middle half▲ 13.7pp93.1%above the sector's middle half▼ 2.5pp39.0%within the sector's middle half▼ 54.1pp
Current ratio3.91within the sector's middle half▲ 0.465.28above the sector's middle half▲ 1.3721.72above the sector's middle half▲ 16.4414.08above the sector's middle half▼ 7.651.59within the sector's middle half▼ 12.49
Return on assets (ROA)17.3%within the sector's middle half▼ 6.1pp11.2%within the sector's middle half▼ 6.1pp5.7%within the sector's middle half▼ 5.5pp-1.7%below the sector's middle half▼ 7.4pp53.8%above the sector's middle half▲ 55.6pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €60,604 after a loss of €2,618 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,589
Fixed assets
€2,755 ▼ 26.9%
Current assets
€85,835 ▼ 46.2%
Equity and liabilities €88,589
Equity
€34,547 ▼ 77.3%
Debt
€54,042 ▲ 377%
Debt's share of the balance-sheet total rises from 6.9% to 61.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€63,290▲
2024 · -€27
Cash flow
€50,361▲
2024 · -€242
Debt to equity
1.56▲
2024 · 0.07
ROE
138.0%▲
2024 · -1.9%
Interest coverage
614.17▲
2024 · -0.23
Debt ≤ 1 year
€54,042▲
2024 · €11,326
Income taxes
€13,058▲
2024 · €219
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,922 | €8,398 | €6,701 | €2,591 | €2,686 | ▲ 3.7% |
| Other operating charges640/8 | - | €11,109 | €9,743 | €1,257 | €1,002 | ▼ 20.2% |
| Gross operating margin9900 | €52,363 | €46,422 | €29,129 | €1,229 | €64,292 | ▲ 5,130% |
| Operating profit (loss)9901 | €33,197 | €26,916 | €12,684 | -€2,618 | €60,604 | ▲ 2,415% |
| Financial income75/76B | - | €2 | €0 | €125 | €232 | ▲ 85.7% |
| Recurring financial income75 | €15 | €2 | €0 | €125 | €232 | ▲ 85.7% |
| Financial charges65/66B | - | €951 | €82 | €121 | €103 | ▼ 14.6% |
| Recurring financial charges65 | €697 | €951 | €82 | €121 | €103 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €32,515 | €25,967 | €12,602 | -€2,614 | €60,733 | ▲ 2,423% |
| Income taxes67/77 | €7,123 | €6,065 | €3,387 | €219 | €13,058 | ▲ 5,852% |
| Profit (loss) for the period9904 | €25,392 | €19,902 | €9,215 | -€2,833 | €47,675 | ▲ 1,783% |
| Profit (loss) for the period to be appropriated9905 | €25,392 | €19,902 | €9,215 | -€2,833 | €47,675 | ▲ 1,783% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €146,727 | €177,764 | €161,865 | €163,199 | €88,589 | ▼ 45.7% |
| Fixed assets21/28 | €17,826 | €11,577 | €6,359 | €3,768 | €2,755 | ▼ 26.9% |
| Tangible fixed assets22/27 | €17,826 | €11,577 | €6,359 | €3,768 | €2,755 | ▼ 26.9% |
| Plant, machinery and equipment23 | - | €1,500 | €2,006 | €1,449 | €892 | ▼ 38.4% |
| Furniture and vehicles24 | - | €10,077 | €4,353 | €2,319 | €1,863 | ▼ 19.7% |
| Current assets29/58 | €128,901 | €166,186 | €155,506 | €159,431 | €85,835 | ▼ 46.2% |
| Amounts receivable within one year40/41 | €30,280 | €17,339 | €4,382 | €24,069 | €19,844 | ▼ 17.6% |
| Trade receivables40 | - | €15,872 | €270 | €13,597 | €17,934 | ▲ 31.9% |
| Other amounts receivable41 | - | €1,467 | €4,113 | €10,471 | €1,910 | ▼ 81.8% |
| Cash at bank and in hand54/58 | €98,468 | €148,740 | €150,584 | €134,481 | €64,117 | ▼ 52.3% |
| Deferred charges and accrued income490/1 | - | €107 | €539 | €881 | €1,873 | ▲ 113% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €146,727 | €177,764 | €161,865 | €163,199 | €88,589 | ▼ 45.7% |
| Equity10/15 | €113,189 | €145,491 | €154,706 | €151,873 | €34,547 | ▼ 77.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €106,989 | €126,891 | €136,106 | €133,273 | €15,947 | ▼ 88.0% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €125,031 | €134,246 | €133,273 | €15,947 | ▼ 88.0% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €33,538 | €32,272 | €7,159 | €11,326 | €54,042 | ▲ 377% |
| Amounts payable within one year42/48 | €32,927 | €31,469 | €7,159 | €11,326 | €54,042 | ▲ 377% |
| Financial debts43 | - | - | €90 | €2,044 | €780 | ▼ 61.9% |
| Credit institutions430/8 | - | - | €90 | €2,044 | €780 | ▼ 61.9% |
| Trade debts44 | €1,045 | €884 | €240 | €856 | €805 | ▼ 5.9% |
| Suppliers440/4 | - | €884 | €240 | €856 | €805 | ▼ 5.9% |
| Taxes, remuneration and social security45 | - | €7,251 | €2,542 | €8,426 | €12,457 | ▲ 47.8% |
| Taxes450/3 | - | €7,251 | €2,542 | €8,426 | €12,457 | ▲ 47.8% |
| Other amounts payable47/48 | - | €23,334 | €4,286 | €0 | €40,000 | - |
| Accrued charges and deferred income492/3 | - | €803 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,392 | €19,902 | €9,215 | -€2,833 | €47,675 | ▲ 1,783% |
| + Depreciation and write-downs630 | €7,922 | €8,398 | €6,701 | €2,591 | €2,686 | ▲ 3.7% |
| Operating cash flow (approximation) | €33,314 | €28,300 | €15,916 | -€242 | €50,361 | ▲ 20,875% |
| Investment in fixed assets (approximation) | - | -€2,149 | -€1,483 | €0 | -€1,673 | - |
| Change in cash | - | €50,272 | €1,844 | -€16,103 | -€70,364 | ▼ 337% |
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
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €47,675
Net result €47,675 after one loss-making year.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet -€2,833
Net result drops to -€2,833, the lowest in the series; recovery starts the following year.
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 21.72
Current ratio from 5.28 to 21.72; short-term debt falls from €31,469 to €7,159.
30-06
Financial
Equity above €150,000Eq €154,706 ▲6.3%
5 profitable years in a row build equity to €154,706.
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100,000Eq €113,189 ▲28.9%
3 profitable years in a row build equity to €113,189.
20-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Lier · 1 establishment unit since 2018
Ground area
331 m²
Building footprint
58 m²
Volume, LiDAR
464 m³
Parcel 12393F0262/00N000, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WSELS
since 20182.273.502.034
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0262/00N000 | Flanders | 331 m² | 1 · 58 m² | 8.9 m · 3 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 30,008 companies in sector 62200 we hold annual accounts for 18,400. 14,646 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
Founded22-02-2018
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0690882696
Also
9925:BE0690882696
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.