WTS GROUP
ActiveSummary
WTS GROUP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €93,185 and a net result of €40,027. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 3543 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability94▲+4
Solvency72▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 1.28 in 2023; short-term debt: 52.1% and cash: 58.4% of total assets), and 52.5% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
138 d late
2022
166 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 104 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€93,185▲ 12.1%
2023 · €83,159
Total assets
€196,211▲ 7.0%
2023 · €183,409
Net result
€40,027▲ 29.2%
2023 · €30,969
Working capital
€24,410▼ 4.6%
2023 · €25,580
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€29,817-€29,770▼ 0.2%€31,927▲ 7.2%€46,494▲ 45.6%€58,525▲ 25.9%
Net result€22,113above the sector's middle half-€24,086above the sector's middle half▲ 8.9%€21,991within the sector's middle half▼ 8.7%€30,969above the sector's middle half▲ 40.8%€40,027above the sector's middle half▲ 29.2%
Equity€29,113within the sector's middle half-€53,198within the sector's middle half▲ 82.7%€75,189within the sector's middle half▲ 41.3%€83,159within the sector's middle half▲ 10.6%€93,185within the sector's middle half▲ 12.1%
Total assets€53,785below the sector's middle half-€86,827within the sector's middle half▲ 61.4%€113,627within the sector's middle half▲ 30.9%€183,409within the sector's middle half▲ 61.4%€196,211within the sector's middle half▲ 7.0%
Debt€24,673-€33,628▲ 36.3%€38,437▲ 14.3%€100,251▲ 161%€103,026▲ 2.8%
Working capital€14,179within the sector's middle half-€20,008within the sector's middle half▲ 41.1%€26,355within the sector's middle half▲ 31.7%€25,580within the sector's middle half▼ 2.9%€24,410within the sector's middle half▼ 4.6%
Solvency54.1%within the sector's middle half-61.3%within the sector's middle half▲ 7.1pp66.2%above the sector's middle half▲ 4.9pp45.3%within the sector's middle half▼ 20.8pp47.5%within the sector's middle half▲ 2.2pp
Current ratio1.57within the sector's middle half-1.59within the sector's middle half▲ 0.021.69within the sector's middle half▲ 0.091.28within the sector's middle half▼ 0.411.24within the sector's middle half▼ 0.04
Return on assets (ROA)41.1%above the sector's middle half-27.7%above the sector's middle half▼ 13.4pp19.4%above the sector's middle half▼ 8.4pp16.9%above the sector's middle half▼ 2.5pp20.4%above the sector's middle half▲ 3.5pp
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 26% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €196,211
Fixed assets
€69,556 ▲ 5.9%
Current assets
€126,655 ▲ 7.6%
Equity and liabilities €196,211
Equity
€93,185 ▲ 12.1%
Debt
€103,026 ▲ 2.8%
Debt's share of the balance-sheet total falls from 54.7% to 52.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76,360▲
2023 · €61,176
Cash flow
€57,862▲
2023 · €45,652
Quick ratio
1.24▼
2023 · 1.25
Debt to equity
1.11▼
2023 · 1.21
ROE
43.0%▲
2023 · 37.2%
Interest coverage
128.91▲
2023 · 103.91
Debt ≤ 1 year
€102,245▲
2023 · €92,159
Debt > 1 year
€781▼
2023 · €8,092
Income taxes
€17,906▲
2023 · €14,949
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 bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,784 | €4,159 | €8,227 | €14,683 | €17,835 | ▲ 21.5% |
| Other operating charges640/8 | - | €1,348 | €1,264 | €1,109 | €817 | ▼ 26.4% |
| Non-recurring operating charges66A | - | €405 | - | - | - | - |
| Gross operating margin9900 | €33,906 | €35,682 | €41,418 | €62,286 | €77,177 | ▲ 23.9% |
| Operating profit (loss)9901 | €29,817 | €29,770 | €31,927 | €46,494 | €58,525 | ▲ 25.9% |
| Financial income75/76B | - | €15 | €8 | €13 | - | - |
| Recurring financial income75 | €0 | €15 | €8 | €13 | - | - |
| Financial charges65/66B | - | €138 | €453 | €589 | €592 | ▲ 0.6% |
| Recurring financial charges65 | €50 | €138 | €453 | €589 | €592 | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €29,767 | €29,647 | €31,482 | €45,918 | €57,933 | ▲ 26.2% |
| Income taxes67/77 | €7,654 | €5,561 | €9,491 | €14,949 | €17,906 | ▲ 19.8% |
| Profit (loss) for the period9904 | €22,113 | €24,086 | €21,991 | €30,969 | €40,027 | ▲ 29.2% |
| Profit (loss) for the period to be appropriated9905 | €22,113 | €24,086 | €21,991 | €30,969 | €40,027 | ▲ 29.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53,785 | €86,827 | €113,627 | €183,409 | €196,211 | ▲ 7.0% |
| Fixed assets21/28 | €14,934 | €33,190 | €48,834 | €65,670 | €69,556 | ▲ 5.9% |
| Intangible fixed assets21 | €2,250 | €2,000 | €1,750 | €1,500 | €1,250 | ▼ 16.7% |
| Tangible fixed assets22/27 | €9,684 | €28,190 | €44,084 | €61,170 | €65,306 | ▲ 6.8% |
| Plant, machinery and equipment23 | - | €2,671 | €6,568 | €4,691 | €2,813 | ▼ 40.0% |
| Furniture and vehicles24 | - | €6,459 | €3,347 | €18,746 | €26,159 | ▲ 39.5% |
| Other tangible fixed assets26 | - | €19,060 | €34,169 | €37,733 | €36,334 | ▼ 3.7% |
| Financial fixed assets28 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Current assets29/58 | €38,851 | €53,637 | €64,792 | €117,739 | €126,655 | ▲ 7.6% |
| Stocks and contracts in progress3 | - | - | - | €2,985 | €201 | ▼ 93.3% |
| Stocks30/36 | - | - | - | €2,985 | €201 | ▼ 93.3% |
| Amounts receivable within one year40/41 | €24,974 | €9,735 | €845 | €15,486 | €11,638 | ▼ 24.8% |
| Trade receivables40 | - | €9,735 | €845 | €7,637 | €11,638 | ▲ 52.4% |
| Other amounts receivable41 | - | - | - | €7,849 | - | - |
| Cash at bank and in hand54/58 | €13,878 | €42,699 | €62,149 | €98,437 | €114,519 | ▲ 16.3% |
| Deferred charges and accrued income490/1 | - | €1,202 | €1,798 | €831 | €297 | ▼ 64.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53,785 | €86,827 | €113,627 | €183,409 | €196,211 | ▲ 7.0% |
| Equity10/15 | €29,113 | €53,198 | €75,189 | €83,159 | €93,185 | ▲ 12.1% |
| Contributions10/11 | - | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Profit (loss) carried forward14 | €22,113 | €46,198 | €68,189 | €76,159 | €86,185 | ▲ 13.2% |
| Amounts payable17/49 | €24,673 | €33,628 | €38,437 | €100,251 | €103,026 | ▲ 2.8% |
| Amounts payable after more than one year17 | - | - | - | €8,092 | €781 | ▼ 90.4% |
| Financial debts170/4 | - | - | - | €8,092 | €781 | ▼ 90.4% |
| Amounts payable within one year42/48 | €24,673 | €33,628 | €38,437 | €92,159 | €102,245 | ▲ 10.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,607 | €7,311 | ▼ 3.9% |
| Trade debts44 | €1,437 | €117 | €52 | €5 | €582 | ▲ 11,355% |
| Suppliers440/4 | - | €117 | €52 | €5 | €582 | ▲ 11,355% |
| Taxes, remuneration and social security45 | - | €13,908 | €26,539 | €29,652 | €29,146 | ▼ 1.7% |
| Taxes450/3 | - | €6,718 | €11,749 | €29,652 | €25,996 | ▼ 12.3% |
| Remuneration and social security454/9 | - | €7,190 | €14,790 | - | €3,150 | - |
| Other amounts payable47/48 | - | €19,603 | €11,846 | €54,895 | €65,206 | ▲ 18.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,113 | €24,086 | €21,991 | €30,969 | €40,027 | ▲ 29.2% |
| + Depreciation and write-downs630 | €2,784 | €4,159 | €8,227 | €14,683 | €17,835 | ▲ 21.5% |
| Operating cash flow (approximation) | €24,897 | €28,245 | €30,217 | €45,652 | €57,862 | ▲ 26.7% |
| Investment in fixed assets (approximation) | - | -€22,416 | -€23,871 | -€31,519 | -€21,721 | ▲ 31.1% |
| Change in cash | - | €28,821 | €19,450 | €36,288 | €16,081 | ▼ 55.7% |
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
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Highest result since 2020net €40,027 ▲29.2%
Operating result €58,525, net result €40,027, both a record.
16-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 138 days late
13-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 166 days late
2022
31-12
Financial
Weakest financial yearnet €21,991 ▼8.7%
Net result drops to €21,991, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Farciennes · 1 establishment unit since 2020
Ground area
406 m²
Building footprint
71 m²
Parcel 52054A0253/00A002, Wallonia. Linked by address, not a title deed.
1 establishment unit
WTS GROUP
since 20202.307.947.328
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52054A0253/00A002 | Wallonia | 406 m² | 1 · 71 m² | - |
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 754 companies in this sector we hold annual accounts for 290. 232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded23-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
95313Repair and fitting of specific motor vehicle parts
47830Retail sale of motorcycles and motorcycle parts and accessories
74999Other professional, scientific and technical activities
Contact
E-mail
vincent@wts.eu.com
Phone
+32499471936
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750928567
Registered
18-12-2025
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.