Equity
-€6,771
Debts exceed assets in financial year 2025.
WVB
Lifetime
4 annual accounts with figures on one time axispeak €14,550 (2024)
-€11,379▼ €25,929
lowest -€19,559 (2025)
-€19,559▼ €25,790
peak €12,788 (2024)
-€6,771▼ €19,559
€40,474▲ 18.6%
Board2 names since 2022
1 directorVAN BELLEGHEM Wim Peter
Documentsfilings and deeds
21-04-2026101 days before the deadline
2025micro format
Gross margin from €14,550 to -€11,379Loss of €19,559Equity from €12,788 to -€6,771Debts from €34,119 to €40,474Cash from €28,575 to €6,250
Key points
from the 2025 annual accountsDebts
€40,474 120% of the balance sheet
Suppliers 4%Taxes and wages 0%Other 96%
Of this, €40,417 falls due within a year.
Liquidity
0.56 was 1.40 in 2024
Short-term debts rose from €20,493 to €40,417.
Filings
4 annual accounts 3 late
The 2024 accounts came latest: 60 days after the end of the period.
Board
1 joined · 1 left
Board changed. Latest change 21-05-2026 · 1 in office.
Position in the sector
-€19,559
Lower net result than 88% of companies in retail trade. Sector median €5,052 · 22,900 companies.
Turnover not published (micro format)
Checked score
46
Fair
Financially stronger than 11% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.6%
01-2025: 2.5%▼ -0.1 percentage points vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025
04-2025: 2.6%▲ +0.1 percentage points vs 03-2025
05-2025: 2.6%● unchanged vs 04-2025
06-2025: 2.6%● unchanged vs 05-2025
07-2025: 2.6%● unchanged vs 06-2025
08-2025: 3.3%▲ +0.7 percentage points vs 07-2025
09-2025: 3.6%▲ +0.3 percentage points vs 08-2025
10-2025: 1.6%▼ -2.0 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.3%▼ -0.3 percentage points vs 11-2025
01-2026: 1.2%▼ -0.1 percentage points vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026lowest value
05-2026: 2.7%▲ +1.5 percentage points vs 04-2026
06-2026: 2.7%● unchanged vs 05-2026
07-2026: 3.9%▲ +1.2 percentage points vs 06-2026
08-2026: 3.9%● unchanged vs 07-2026highest value
09-2026: 3.9%● unchanged vs 08-2026highest value
10-2026: 3.9%● unchanged vs 09-2026highest value
11-2026: 3.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Loss of €19,559 (financial year 2025)
Negative equity -€6,771
lowers risk
Size: total assets €33,702
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 14% of them on solvency, 21% on liquidity, 6% on profitability and 4% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as WVB has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WVB itself: 3.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for WVB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.56 (1.4 in 2024), below 1. Short-term debt is 119.9% and cash 18.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€6,771
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 filingsDeviation from the deadline
2025
101 days early
2024
60 days late
2023
54 days late
2022
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 8 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 September (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0783696850
Registered office moved from Heestert to Waregem
New registered office: Kraaienveld 5, 8790 Waregem · Previous registered office: Remi Deprezstraat 15, 8551 Heestert · Resignation: Wim Van Belleghem (director) · Gazette deed
Incorporation
Founding capital of €25,000, 100 shares · Founder: VAN BELLEGHEM Wim Peter · Appointment: VAN BELLEGHEM Wim Peter (director) · published on 24-03-2022 · Gazette deed
First establishment
WVB / BELLAUCTION, Kraaienveld 5, Waregem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WVB Waregem | €33,702 | -€11,379 | -20.1% | - |
| D&N Trading Kortrijk | €37,655 | -€456 | 20.5% | - |
| Haydream Poperinge | €30,321 | -€1,219 | -115.6% | - |
| BROK Ghent | €30,179 | -€12,468 | -33.9% | - |
| Label Meunier Wanze | €31,572 | -€3,889 | -287.5% | - |
| NUQIHAIR Evere | €31,312 | -€5,342 | 8.1% | - |
| ANTEROS Schaerbeek | €39,560 | -€6,361 | -261.9% | - |
These companies have the same main activity as WVB: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €30,200 and €39,600, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 22-03-2022Normal situation
- Activity
- Other non-specialised retail saleNACE 47120and 4 others
- Establishment unit
- 2.330.148.3518790 Waregem, since 22-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 08-07-2026
Annual accounts 2025
- €33,702▼ 28.2%
- Filing
- Filed on 21-04-2026, 101 days before the end of the filing period
Insights on WVB
WVB files the micro format. That format states no turnover. The gross margin rose from -€11,422 in 2022 to -€11,379 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WVB
- What is the company number of WVB?
- The company number of WVB is 0783.696.850. The VAT number is the same number with BE in front: BE 0783.696.850.
- Where is WVB based?
- The registered office is at Kraaienveld 5, 8790 Waregem.Company details
- What does WVB do?
- According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
- What is the legal form of WVB?
- WVB is a private limited company (BV).
- When was WVB founded?
- WVB was founded on 22-03-2022.
- Is WVB still active?
- Yes, WVB is an active enterprise in the KBO register.
- What is the turnover of WVB?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is WVB profitable?
- In financial year 2025, WVB made a loss of €19,559.
- Where can I find the annual accounts of WVB?
- WVB filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WVB due?
- WVB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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