Equity
-€87,731
Debts exceed assets in financial year 2023.
WTRS
Overview
Lifetime
9 annual accounts with figures on one time axispeak €25,741 (2020)
€8,277▼ 66.4%
lowest -€127,907 (2023)
-€127,907▼ €144,995
peak €40,176 (2022)
-€87,731▼ €127,907
€550,645▲ 128%
Board3 names since 2019
1 directorJoris Wauters
Documentsfilings and deeds
20-08-202420 days late
2023micro format
Gross margin from €24,646 to €8,277Loss of €127,907Equity from €40,176 to -€87,731Debts from €241,433 to €550,645Investments €245,536Cash from €71 to €4,065
Key points
from the 2023 annual accountsResult
-€127,907 -€127,907
From profit to loss in 2023, after a profit of €17,088 in 2022.
Debts
€550,645 119% of the balance sheet
Financial debts 39%Suppliers 1%Taxes and wages 2%Other 58%
Of this, €334,468 falls due within a year.
Investments
€291,000 30.9 × depreciation
Green is investment, beige is depreciation.
Filings
9 annual accounts 467 days past the deadline
2024 accounts not filed: deadline was 31-07-2025.
Position in the sector
-€127,907
Lower net result than 95% of companies in head offices and management consultancy. Sector median €25,102 · 33,812 companies.
2023 figures too old to score
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%lowest value
01-2025: 0.8%● unchanged vs 12-2024lowest value
02-2025: 0.8%● unchanged vs 01-2025lowest value
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.9%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.1%▲ +0.2 percentage points vs 07-2025
09-2025: 1.3%▲ +0.2 percentage points vs 08-2025
10-2025: 1.7%▲ +0.4 percentage points vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 2.0%▲ +0.3 percentage points vs 11-2025
01-2026: 2.5%▲ +0.5 percentage points vs 12-2025
02-2026: 2.5%● unchanged vs 01-2026
03-2026: 2.8%▲ +0.3 percentage points vs 02-2026
04-2026: 2.5%▼ -0.3 percentage points vs 03-2026
05-2026: 2.5%● unchanged vs 04-2026
06-2026: 2.5%● unchanged vs 05-2026
07-2026: 2.5%● unchanged vs 06-2026
08-2026: 3.5%▲ +1.0 percentage point vs 07-2026
09-2026: 4.7%▲ +1.2 percentage points vs 08-2026
10-2026: 4.8%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 4.8%● unchanged vs 10-2026highest value
Financial strength, FY 2023Weak
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline10-11-2026 today
raises risk · 2023 accounts filed 20 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-08-2024, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
20 days late
2022
21 days late
2021
29 days late
2020
30 days late
2019
42 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 28 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0597975108
Registered office moved from Leuven to Lubbeek
New registered office: Diestsesteenweg 253 te 3210 Lubbeek · Previous registered office: Lobergenbos 1 te 3010 Leuven · Appointment: Joris Wauters (manager) · General meeting of 23-08-2019 · Gazette deed
Incorporation
published on 17-02-2015 · Gazette deed
First establishment
Kastanjeweg 7, Holsbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WTRS Lubbeek | €462,914 | €8,277 | -19.0% | - |
| ACCODILA Schaerbeek | €479,334 | €7,847 | 61.2% | - |
| Amano Kuurne | €460,164 | €8,311 | 86.0% | - |
| LA RECOURVRANCE Brussels | €388,576 | €8,414 | 11.0% | - |
| JUDONG INVEST Chaudfontaine | €392,247 | €7,523 | 76.8% | - |
| IKALIA Ixelles | €536,820 | €8,493 | 41.8% | - |
| BK HOLDING Chaudfontaine | €451,112 | €7,125 | 84.1% | - |
These companies have the same main activity as WTRS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €389,000 and €537,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 13-02-2015Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.242.198.9463220 Holsbeek, since 13-02-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2026
Annual accounts 2023
- €8,277▼ 66.4%
- ≈ €38,000estimated
- €127,907
- -€87,731
- €462,914▲ 64.4%
- Filing
- Filed on 20-08-2024
Insights on WTRS
WTRS files the micro format. That format states no turnover. The gross margin rose from €4,219 in 2015 to €8,277 in 2023.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2023
micro format, filed on 20-08-2024, 20 days late2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 10 November 2026.
€8,277
▼ 66.4%
-€36,374
▼ €54,439
-€127,907
▼ €144,995
-€330,403
▼ €215,553
-19.0%
▼ 33.2 percentage points
0.01
▼ 0.33
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €38,000. Estimated: probably between €18,000 and €77,000.
Balance sheet
balance sheet total €462,914 on 31-12-2023What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-19.0%
Higher than 7% of 33,811 companies in 2023.
0.01
Lower than 95% of 32,768 companies in 2023.
-27.6%
Lower than 95% of 33,172 companies in 2023.
WTRS
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
462,914 | 281,608 | 188,391 | 179,307 | 27,012 | 5,434 | 5,434 | 62,810 | 22,114 | |
21/28 |
458,849 | 222,716 | 183,814 | 175,593 | 17,703 | - | - | - | 10,798 | |
22/27 |
296,849 | 60,716 | 21,814 | 13,593 | 17,703 | - | - | - | 10,798 | |
22 |
287,093 | - | - | - | - | - | - | - | - | |
23 |
- | - | - | - | - | - | - | - | 3,823 | |
24 |
9,756 | 60,716 | 21,814 | 13,593 | 17,703 | - | - | - | 6,975 | |
28 |
162,000 | 162,000 | 162,000 | 162,000 | - | - | - | - | - | |
29/58 |
4,065 | 58,893 | 4,577 | 3,714 | 9,309 | 5,434 | 5,434 | 62,810 | 11,316 | |
40/41 |
- | 58,821 | 809 | 715 | - | - | - | 52,822 | 1,329 | |
40 |
- | 44,321 | 809 | 715 | - | - | - | 46,468 | - | |
41 |
- | 14,500 | - | - | - | - | - | 6,354 | 1,329 | |
54/58 |
4,065 | 71 | 3,768 | 3,000 | 9,309 | 5,434 | 5,434 | 9,987 | 9,987 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
462,914 | 281,608 | 188,391 | 179,307 | 27,012 | 5,434 | 5,434 | 62,810 | 22,114 | |
10/15 |
-87,731 | 40,176 | 23,088 | 20,260 | 7,738 | 5,434 | 5,434 | 5,434 | 5,850 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | 6,200 | 6,200 | - | - | - | - | - | - | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
14 |
-93,931 | 33,976 | 16,888 | 14,060 | 1,538 | -766 | -766 | -766 | -350 | |
17/49 |
550,645 | 241,433 | 165,303 | 159,047 | 19,273 | - | - | 57,376 | 16,264 | |
17 |
216,177 | - | 7,540 | - | 16,300 | - | - | 8,365 | 8,365 | |
170/4 |
216,177 | - | 7,540 | - | 16,300 | - | - | 8,365 | 8,365 | |
42/48 |
334,468 | 173,743 | 148,764 | 145,047 | 2,973 | - | - | 49,011 | 7,899 | |
42 |
3,624 | 3,679 | 2,631 | - | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | 4,211 | 4,211 | |
430/8 |
- | - | - | - | - | - | - | 4,211 | 4,211 | |
44 |
5,047 | - | - | - | 1,000 | - | - | 35,125 | 2,648 | |
440/4 |
5,047 | - | - | - | 1,000 | - | - | 35,125 | 2,648 | |
45 |
8,975 | - | 8,299 | 4,143 | 1,974 | - | - | 5,188 | 95 | |
450/3 |
8,975 | - | 8,299 | 4,143 | 1,974 | - | - | 5,188 | 95 | |
47/48 |
316,822 | 170,064 | 137,834 | 140,904 | - | - | - | 4,487 | 945 | |
492/3 |
- | 67,690 | 9,000 | 14,000 | - | - | - | - | - | |
| Income statement | ||||||||||
76A |
3,709 | - | - | - | - | - | - | - | - | |
9900 |
8,277 | 24,646 | 10,372 | 25,741 | 3,835 | - | - | 4,524 | 4,219 | |
630 |
9,402 | 6,470 | 6,190 | 9,110 | 678 | - | - | - | 3,986 | |
640/8 |
35,249 | 111 | - | - | - | - | - | 149 | 204 | |
66A |
- | - | - | - | - | - | - | 4,772 | - | |
9901 |
-36,374 | 18,065 | 4,183 | 16,632 | 3,157 | - | - | -396 | 29 | |
75/76B |
0 | - | - | - | - | - | - | - | 240 | |
75 |
0 | - | - | - | - | - | - | - | 240 | |
65/66B |
85,758 | 977 | 158 | 110 | 85 | - | - | - | 524 | |
65 |
85,758 | 977 | 158 | 110 | 85 | - | - | - | 524 | |
9903 |
-122,132 | 17,088 | 4,025 | 16,522 | 3,072 | - | - | -396 | -255 | |
67/77 |
5,775 | - | 1,197 | 4,000 | 768 | - | - | 20 | 95 | |
9904 |
-127,907 | 17,088 | 2,827 | 12,522 | 2,304 | - | - | -416 | -350 | |
9905 |
-127,907 | 17,088 | 2,827 | 12,522 | 2,304 | - | - | -416 | -350 | |
| Appropriation of the result | ||||||||||
9906 |
-93,931 | 33,976 | 16,888 | 14,060 | 1,538 | -766 | -766 | -766 | -350 | |
14P |
33,976 | 16,888 | 14,060 | - | - | - | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 20-08-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 20-08-2024 | 2024-00372176 | |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00350721 | |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20332233 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-56000360 | |
| 31-12-2019 | abbreviated format | 11-09-2020 | 2020-52300185 | |
| 31-12-2018 | micro format | 11-09-2019 | 2019-64300362 | |
| 31-12-2017 | micro format | 11-09-2019 | 2019-64300361 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-59900061 | |
| 31-12-2015 | abbreviated format | 30-12-2016 | 2016-71900565 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| -26,971 | 24,536 | 10,372 | 25,741 | 3,835 | - | - | - | 4,015 | ||
| -118,504 | 23,558 | 9,017 | 21,632 | 2,983 | - | - | - | 3,636 | ||
| 291,000 | 45,372 | 14,411 | 167,000 | 18,381 | - | - | - | 14,783 | ||
| 3,994 | -3,697 | 769 | -6,309 | 3,875 | 0 | -4,553 | 0 | - | ||
| -330,403 | -114,850 | -144,187 | -141,333 | 6,336 | - | - | 13,798 | 3,417 | ||
| -19.0% | 14.3% | 12.3% | 11.3% | 28.6% | 100.0% | 100.0% | 8.7% | 26.5% | ||
| 0.01 | 0.34 | 0.03 | 0.03 | 3.13 | - | - | 1.28 | 1.43 | ||
| - | 6.01 | 7.16 | 7.85 | 2.49 | - | - | 10.56 | 2.78 | ||
| - | 42.5% | 12.2% | 61.8% | 29.8% | - | - | -7.7% | -6.0% | ||
| -27.6% | 6.1% | 1.5% | 7.0% | 8.5% | - | - | -0.7% | -1.6% | ||
| -0.31 | 25.10 | 65.62 | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | €291,000 | €45,372 | €14,411 |
| €9,402 | €6,470 | €6,190 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Insights on WTRS
The operating result for 2023 is a loss of €36,374, after a profit of €18,065 in 2022. It is the lowest result since 2015.
Equity is negative. Debt (€550,645) exceeds the balance-sheet total (€462,914).
Board & ownership
Board
1 director, last change in 2019Manager
appointed by deed of 06-09-2019
listed in the 2023 annual accounts, filed on 20-08-2024
Mandates through the years
3 names, the dashed line is todayBoardEarliermandate already running before its first mention
Mandates as a list
- Joris Wauters
- Manager, appointed by deed of 06-09-2019, still in office
- Erik Wauters
- Manager, until 06-09-2019
- Lukas Wauters
- Manager, until 06-09-2019
Control
Capital
- Contribution
- €6,200
- Source
- 2023 annual accounts
Network & group
No group
WTRS has no parent and no holdings in its annual accounts. Joris Wauters is the only director. WTRS shares no director with another company.
Timeline
Timeline
15 events since 2015Board
Filings
Financial
Establishments
Address
201620182020202220242026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0597975108
2024
Annual accounts 2023 filed PDFmicro format · 20 days late
2023
Weakest financial year net -€127,907 The net result drops to -€127,907, the lowest from 2015 to 2023.
Annual accounts 2022 filed PDFmicro format · 21 days late
2022
Highest result from 2015 to 2023 net €17,088 ▲504% The operating result of €18,065 and the net result of €17,088 are both a record.
Annual accounts 2021 filed PDFabbreviated format · 29 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 30 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 42 days late
2019
Annual accounts 2017 filed PDFmicro format · 407 days late
Annual accounts 2018 filed PDFmicro format · 42 days late
Registered office moved from Leuven to LubbeekNew registered office: Diestsesteenweg 253 te 3210 Lubbeek · Previous registered office: Lobergenbos 1 te 3010 Leuven · Appointment: Joris Wauters (manager) · General meeting of 23-08-20195 points ▸
- General meeting, 23-08-2019
- Director appointment, Joris Wauters (manager)
- Director resignation, Erik Wauters (manager)
- Director resignation, Lukas Wauters (manager)
- Registered-office move, Diestsesteenweg 253 te 3210 Lubbeek
2017
Annual accounts 2016 filed PDFmicro format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 152 days late
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0597.975.108
- VAT number
- BE 0597.975.108
- Peppol ID
- 0208:0597975108
- Other Peppol ID
- 9925:BE0597975108
- Legal form
- Private limited company (pre-2019)
- Status
- Active, normal situation
- Founded
- 13-02-2015
- Financial year
- ends on 31 December
- Peppol
- Reachable since 04-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- WTRS in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
64200
Holdings
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Diestsesteenweg 253 registered office 3210 Lubbeek | ||
| Kastanjeweg 7 3220 Holsbeek | 13-02-2015 | 2.242.198.946 |
1 former office
- Lobergenbos 1, 3010 Leuven until 23-08-2019 · deed of 06-09-2019
Buildings and parcels at the addresses
- Ground area
- 7,137 m²
- Buildings
- 434 m²
- Volume, LiDAR
- 2,260 m³
- Tallest building
- 8.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24043E0165/00B000 | 6,303 m² | 1 · 283 m² | 7.8 m · 2 |
| 24063B0186/00N000 | 834 m² | 1 · 151 m² | 8.8 m · 2 |
Contact
E-mail
wautersjoris@gmail.com
Phone
+32 485 05 96 04
E-mail
erikwauters@gmail.com establishment in Holsbeek