WSTEC
ActiveSummary
The computed 12-month bankruptcy probability of WSTEC is 2.3% (moderate). The 2025 annual accounts show equity of €50,087 and a net result of €18,701. Its solvency ranks better than 51% of 28184 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
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Signals
This company filed its last 2 accounts on average 44 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 39,275 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,482 | €7,947 | ▲ 22.6% |
| Other operating charges640/8 | €653 | €777 | ▲ 19.1% |
| Gross operating margin9900 | €32,614 | €30,948 | ▼ 5.1% |
| Operating profit (loss)9901 | €25,480 | €22,224 | ▼ 12.8% |
| Financial income75/76B | €53 | €112 | ▲ 111% |
| Recurring financial income75 | €53 | €112 | ▲ 111% |
| Financial charges65/66B | €34 | €55 | ▲ 60.9% |
| Recurring financial charges65 | €34 | €55 | ▲ 60.9% |
| Profit (loss) for the period before taxes9903 | €25,499 | €22,282 | ▼ 12.6% |
| Income taxes67/77 | €4,113 | €3,581 | ▼ 12.9% |
| Profit (loss) for the period9904 | €21,386 | €18,701 | ▼ 12.6% |
| Profit (loss) for the period to be appropriated9905 | €21,386 | €18,701 | ▼ 12.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €71,893 | €103,644 | ▲ 44.2% |
| Fixed assets21/28 | €25,606 | €17,660 | ▼ 31.0% |
| Tangible fixed assets22/27 | €25,606 | €17,660 | ▼ 31.0% |
| Plant, machinery and equipment23 | €1,311 | €1,009 | ▼ 23.0% |
| Furniture and vehicles24 | €24,295 | €16,651 | ▼ 31.5% |
| Current assets29/58 | €46,286 | €85,984 | ▲ 85.8% |
| Amounts receivable within one year40/41 | €22,699 | €5,214 | ▼ 77.0% |
| Trade receivables40 | €21,311 | €4,230 | ▼ 80.2% |
| Other amounts receivable41 | €1,388 | €984 | ▼ 29.1% |
| Cash at bank and in hand54/58 | €23,523 | €80,259 | ▲ 241% |
| Deferred charges and accrued income490/1 | €65 | €510 | ▲ 685% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €71,893 | €103,644 | ▲ 44.2% |
| Equity10/15 | €36,386 | €50,087 | ▲ 37.7% |
| Contributions10/11 | €20,000 | €20,000 | = |
| Reserves13 | €16,386 | €30,087 | ▲ 83.6% |
| Distributable reserves133 | €16,386 | €30,087 | ▲ 83.6% |
| Amounts payable17/49 | €35,507 | €53,557 | ▲ 50.8% |
| Amounts payable within one year42/48 | €34,007 | €52,057 | ▲ 53.1% |
| Trade debts44 | €1,510 | €9,639 | ▲ 538% |
| Suppliers440/4 | €1,510 | €9,639 | ▲ 538% |
| Taxes, remuneration and social security45 | €4,113 | €7,694 | ▲ 87.1% |
| Taxes450/3 | €4,113 | €7,694 | ▲ 87.1% |
| Other amounts payable47/48 | €28,384 | €34,724 | ▲ 22.3% |
| Accrued charges and deferred income492/3 | €1,500 | €1,500 | = |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €21,386 | €18,701 | ▼ 12.6% |
| + Depreciation and write-downs630 | €6,482 | €7,947 | ▲ 22.6% |
| Operating cash flow (approximation) | €27,868 | €26,647 | ▼ 4.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €56,737 | - |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42014B0920/00G000 | Flanders | 1,508 m² | 1 · 153 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.