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WVB

Active
Private limited companyfounded 20224 yrs activeKraaienveld 5, 8790 Waregem, BelgiumKBO/BCE: BE 0783.696.850
Summary

The computed 12-month bankruptcy probability of WVB is 3.2% (moderate). The 2025 annual accounts show negative equity (€-7k) and a net result of €-20k. Equity is shrinking by ~52% per year across the filed fiscal years. Its solvency ranks better than 17% of 18400 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-85
Solvency5▼-47
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.56 against 1.4 in 2024; short-term debt: 119.9% and cash: 18.5% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-20.1%
Return on assets
-58%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
101 d early
2024
60 d late
2023
54 d late
2022
17 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-7k
2024 · €13k
2022: €10k 2023: €7k▼ -31.8% vs 2022 2024: €13k▲ +95.0% vs 2023highest in 4 years 2025: €-7k▼ -153% vs 2024lowest in 4 years
2022 → 2025
Total assets
€34k▼ 28.2%
2024 · €47k
2022: €67k 2023: €72k▲ +8.6% vs 2022highest in 4 years 2024: €47k▼ -35.2% vs 2023 2025: €34k▼ -28.2% vs 2024lowest in 4 years
2022 → 2025
Net result
€-20k
2024 · €6k
2022: €-15k 2023: €-3k▲ +80.1% vs 2022 2024: €6k▲ +304% vs 2023highest in 4 years 2025: €-20k▼ -414% vs 2024lowest in 4 years
2022 → 2025
Working capital
€-18k
2024 · €8k
2022: €2k 2023: €7k▲ +180% vs 2022 2024: €8k▲ +24.5% vs 2023highest in 4 years 2025: €-18k▼ -317% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€10k-€7k▼ 31.8%€13k▲ 95.0%€-7k 2022: €10k 2023: €7k▼ -31.8% vs 2022 2024: €13k▲ +95.0% vs 2023highest in 4 years 2025: €-7k▼ -153% vs 2024lowest in 4 years
Operating result€-15k-€-1k▲ 92.4%€7k€-19k 2022: €-15k 2023: €-1k▲ +92.4% vs 2022 2024: €7k▲ +710% vs 2023highest in 4 years 2025: €-19k▼ -374% vs 2024lowest in 4 years
Net result€-15k-€-3k▲ 80.1%€6k€-20k 2022: €-15k 2023: €-3k▲ +80.1% vs 2022 2024: €6k▲ +304% vs 2023highest in 4 years 2025: €-20k▼ -414% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2022: €-15k€-15kNet result 2022: €-15k€-15kOperating result 2023: €-1k€-1kNet result 2023: €-3k€-3kOperating result 2024: €7k€7kNet result 2024: €6k€6kOperating result 2025: €-19k€-19kNet result 2025: €-20k€-20k2022202320242025€-20k€-10k€0€10kOperating result 2023: €-1k€-1.2kNet result 2023: €-3k€-3.1kOperating result 2024: €7k€7.1kNet result 2024: €6k€6.2kOperating result 2025: €-19k€-19kNet result 2025: €-20k€-20k202320242025
The operating result turns negative in 2025: a loss of €19k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets €11k ▼ 40.6%
Current assets €23k ▼ 20.2%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-12k▼
2024 · €14k
Cash flow
€-12k▼
2024 · €14k
Solvency
-20.1%▼
2024 · 27.3%
Current ratio
0.56▼
2024 · 1.40
Debt to equity
-5.98▼
2024 · 2.67
ROA
-58.0%▼
2024 · 13.3%
Interest coverage
-125.53▼
2024 · 16.51
Debt
€40k▲
2024 · €34k
Debt ≤ 1 year
€40k▲
2024 · €20k
Debt > 1 year
€0▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€47k€34k▼
Fixed assets21/28€18k€11k▼
Intangible fixed assets21€18k€11k▼
Tangible fixed assets22/27€506€311▼
Furniture and vehicles24€506€311▼
Current assets29/58€29k€23k▼
Amounts receivable within one year40/41€18€17k▲
Trade receivables40€0€16k▲
Other amounts receivable41€18€463▲
Cash at bank and in hand54/58€29k€6k▼
Deferred charges and accrued income490/1-€13
Equity and liabilities
Total equity and liabilities10/49€47k€34k▼
Equity10/15€13k€-7k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-12k€-32k▼
Amounts payable17/49€34k€40k▲
Amounts payable after more than one year17€14k€0▼
Financial debts170/4€14k€0▼
Amounts payable within one year42/48€20k€40k▲
Current portion of amounts payable after more than one year42€6k€17k▲
Trade debts44€221€2k▲
Suppliers440/4€221€2k▲
Advances received on contracts in progress46-€19k
Taxes, remuneration and social security45€6k€111▼
Taxes450/3€6k€111▼
Other amounts payable47/48€8k€3k▼
Accrued charges and deferred income492/3€126€57▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€136€647▲
Gross operating margin9900€15k€-11k▼
Operating profit (loss)9901€7k€-19k▼
Financial income75/76B€11€0▼
Recurring financial income75€11€0▼
Financial charges65/66B€873€96▼
Recurring financial charges65€873€96▼
Profit (loss) for the period before taxes9903€6k€-20k▼
Profit (loss) for the period9904€6k€-20k▼
Profit (loss) for the period to be appropriated9905€6k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-32k▼
Profit (loss) brought forward from the previous period14P€-18k€-12k▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k€7k€7k▲ 1.6%
Other operating charges640/8-€115€136€647▲ 376%
Gross operating margin9900€-11k€6k€15k€-11k▼ 178%
Operating profit (loss)9901€-15k€-1k€7k€-19k▼ 374%
Financial income75/76B-€0€11€0▼ 100%
Recurring financial income75-€0€11€0▼ 100%
Financial charges65/66B€46€2k€873€96▼ 89.0%
Recurring financial charges65€46€2k€873€96▼ 89.0%
Profit (loss) for the period before taxes9903€-15k€-3k€6k€-20k▼ 414%
Profit (loss) for the period9904€-15k€-3k€6k€-20k▼ 414%
Profit (loss) for the period to be appropriated9905€-15k€-3k€6k€-20k▼ 414%
Line2022202320242025Change
Assets
Total assets20/58€67k€72k€47k€34k▼ 28.2%
Fixed assets21/28€32k€25k€18k€11k▼ 40.6%
Intangible fixed assets21€32k€25k€18k€11k▼ 40.7%
Tangible fixed assets22/27--€506€311▼ 38.6%
Furniture and vehicles24--€506€311▼ 38.6%
Current assets29/58€34k€47k€29k€23k▼ 20.2%
Amounts receivable within one year40/41€21k€33k€18€17k▲ 90,656%
Trade receivables40€20k€33k€0€16k-
Other amounts receivable41€545€1€18€463▲ 2,439%
Cash at bank and in hand54/58€14k€14k€29k€6k▼ 78.1%
Deferred charges and accrued income490/1---€13-
Equity and liabilities
Total equity and liabilities10/49€67k€72k€47k€34k▼ 28.2%
Equity10/15€10k€7k€13k€-7k▼ 153%
Contributions10/11€25k€25k€25k€25k=
Profit (loss) carried forward14€-15k€-18k€-12k€-32k▼ 160%
Amounts payable17/49€57k€66k€34k€40k▲ 18.6%
Amounts payable after more than one year17€25k€25k€14k€0▼ 100%
Financial debts170/4€25k€25k€14k€0▼ 100%
Amounts payable within one year42/48€32k€41k€20k€40k▲ 97.2%
Current portion of amounts payable after more than one year42--€6k€17k▲ 183%
Trade debts44€22k€25k€221€2k▲ 607%
Suppliers440/4€22k€25k€221€2k▲ 607%
Advances received on contracts in progress46---€19k-
Taxes, remuneration and social security45€1€1k€6k€111▼ 98.1%
Taxes450/3€1€1k€6k€111▼ 98.1%
Other amounts payable47/48€10k€15k€8k€3k▼ 67.6%
Accrued charges and deferred income492/3--€126€57▼ 54.8%
Line2022202320242025Change
Profit (loss) for the period9904€-15k€-3k€6k€-20k▼ 414%
+ Depreciation and write-downs630€4k€7k€7k€7k▲ 1.6%
Operating cash flow (approximation)€-11k€4k€14k€-12k▼ 189%
Investment in fixed assets (approximation)-€0€-586€0▲ 100%
Change in cash-€686€14k€-22k▼ 258%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Back to profitnet €6k
Net result €6k after 2 loss-making years.
23-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
17-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
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, Waregem · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
556 m²
Building footprint
166 m²
Volume, LiDAR
935 m³
Parcel 34452A0188/00Z000, Flanders · tallest building 22.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
WVB / BELLAUCTION
Kraaienveld 5, 8790 WaregemAgents specialised in the wholesale of other particular products
since 20222.330.148.351
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34452A0188/00Z000 Flanders 556 m² 1 · 166 m² 22.3 m · 2 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.

Similar companies · same sector, comparable size

Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,290 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
Founded22-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
46499Wholesale of other household goods
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels

Scores and ratios are computed by Checked and are not a credit decision.