Skip to content

WWTex

Active
Private limited companyfounded 201411 yrs activeLeuvensestraat 131, 3300 Tienen, BelgiumKBO/BCE: BE 0505.922.207
Summary

WWTex has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €153,363 and a net result of €80,603. Equity is shrinking by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 1413 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability85▲+11
Solvency50▼-18
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 2.15 in 2023; short-term debt: 45% and cash: 1.1% of total assets), and 75.4% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
68 d late
2023
34 d early
2022
4 d early
2021
5 d early
2020
52 d early
2019
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
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

History

On 3 December 2014, WWTex was incorporated.1 Total assets went from EUR 503,943 in 2018 to EUR 623,956 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€153,363▼ 43.8%
2023 · €272,760
Total assets
€623,956▼ 2.1%
2023 · €637,286
Net result
€80,603▲ 207%
2023 · €26,244
Working capital
€26,654▼ 82.4%
2023 · €151,226
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€52,645▼ 55.8%€98,485▲ 87.1%€126,925▲ 28.9%€33,789▼ 73.4%€111,781▲ 231%
Net result€55,522within the sector's middle half▼ 33.6%€81,174within the sector's middle half▲ 46.2%€96,145above the sector's middle half▲ 18.4%€26,244within the sector's middle half▼ 72.7%€80,603within the sector's middle half▲ 207%
Equity€449,197within the sector's middle half▼ 17.4%€380,372within the sector's middle half▼ 15.3%€326,516within the sector's middle half▼ 14.2%€272,760within the sector's middle half▼ 16.5%€153,363within the sector's middle half▼ 43.8%
Total assets€910,912within the sector's middle half▲ 59.6%€797,748within the sector's middle half▼ 12.4%€769,312within the sector's middle half▼ 3.6%€637,286within the sector's middle half▼ 17.2%€623,956within the sector's middle half▼ 2.1%
Debt€461,714▲ 1,605%€417,376▼ 9.6%€442,796▲ 6.1%€364,526▼ 17.7%€470,593▲ 29.1%
Working capital€382,481above the sector's middle half▼ 28.9%€270,959within the sector's middle half▼ 29.2%€240,603within the sector's middle half▼ 11.2%€151,226within the sector's middle half▼ 37.1%€26,654within the sector's middle half▼ 82.4%
Solvency49.3%within the sector's middle half▼ 45.9pp47.7%within the sector's middle half▼ 1.6pp42.4%within the sector's middle half▼ 5.2pp42.8%within the sector's middle half▲ 0.4pp24.6%within the sector's middle half▼ 18.2pp
Current ratio2.88within the sector's middle half▼ 17.982.54within the sector's middle half▼ 0.342.24within the sector's middle half▼ 0.292.15within the sector's middle half▼ 0.101.09within the sector's middle half▼ 1.05
Return on assets (ROA)6.1%within the sector's middle half▼ 8.6pp10.2%within the sector's middle half▲ 4.1pp12.5%within the sector's middle half▲ 2.3pp4.1%within the sector's middle half▼ 8.4pp12.9%within the sector's middle half▲ 8.8pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2020: €52,645€52,645Net result 2020: €55,522€55,522Operating result 2021: €98,485€98,485Net result 2021: €81,174€81,174Operating result 2022: €126,925€126,925Net result 2022: €96,145€96,145Operating result 2023: €33,789€33,789Net result 2023: €26,244€26,244Operating result 2024: €111,781€111,781Net result 2024: €80,603€80,60320202021202220232024€0€50,000€100,000€150,000Operating result 2022: €126,925€127,000Net result 2022: €96,145€96,100Operating result 2023: €33,789€33,800Net result 2023: €26,244€26,200Operating result 2024: €111,781€112,000Net result 2024: €80,603€80,600202220232024
The operating result recovers in 2024; 2024 is 231% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €623,956
Fixed assets €316,694 ▼ 10.6%
Current assets €307,262 ▲ 8.6%
Equity and liabilities €623,956
Equity €153,363 ▼ 43.8%
Debt €470,593 ▲ 29.1%
Debt's share of the balance-sheet total rises from 57.2% to 75.4%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€124,467▲
2023 · €45,553
Cash flow
€93,289▲
2023 · €38,007
Debt to equity
3.07▲
2023 · 1.34
ROE
52.6%▲
2023 · 9.6%
Interest coverage
28.54▲
2023 · 8.08
Debt ≤ 1 year
€280,609▲
2023 · €131,680
Debt > 1 year
€188,228▼
2023 · €231,052
Income taxes
€28,816▲
2023 · €9,086
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,605 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 2,605 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€637,286€623,956▼
Fixed assets21/28€354,380€316,694▼
Tangible fixed assets22/27€329,380€316,694▼
Land and buildings22€317,721€308,741▼
Furniture and vehicles24€11,658€7,953▼
Financial fixed assets28€25,000€0▼
Current assets29/58€282,906€307,262▲
Amounts receivable within one year40/41€281,166€300,628▲
Trade receivables40€29,967€1,854▼
Other amounts receivable41€251,199€298,774▲
Cash at bank and in hand54/58€1,201€6,635▲
Deferred charges and accrued income490/1€539€0▼
Equity and liabilities
Total equity and liabilities10/49€637,286€623,956▼
Equity10/15€272,760€153,363▼
Contributions10/11€6,510€6,510=
Reserves13€266,250€146,853▼
Distributable reserves133€266,250€146,853▼
Profit (loss) carried forward14-€0
Amounts payable17/49€364,526€470,593▲
Amounts payable after more than one year17€231,052€188,228▼
Financial debts170/4€231,052€188,228▼
Amounts payable within one year42/48€131,680€280,609▲
Current portion of amounts payable after more than one year42€18,982€17,824▼
Trade debts44€8,620€3,238▼
Suppliers440/4€8,620€3,238▼
Taxes, remuneration and social security45€24,078€40,399▲
Taxes450/3€24,078€40,399▲
Other amounts payable47/48€80,000€219,148▲
Accrued charges and deferred income492/3€1,794€1,756▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,764€12,686▲
Other operating charges640/8€3,520€1,706▼
Gross operating margin9900€49,073€126,173▲
Operating profit (loss)9901€33,789€111,781▲
Financial income75/76B€7,175€2,000▼
Recurring financial income75€7,175€2,000▼
Financial charges65/66B€5,635€4,361▼
Recurring financial charges65€5,635€4,361▼
Profit (loss) for the period before taxes9903€35,329€109,419▲
Income taxes67/77€9,086€28,816▲
Profit (loss) for the period9904€26,244€80,603▲
Profit (loss) for the period to be appropriated9905€26,244€80,603▲
Appropriation of the result
Profit (loss) to be appropriated9906€26,244€80,603▲
Transfer from equity791/2€53,756€119,397▲
Profit to be distributed694/7€80,000€200,000▲
Return on contributions (dividend)694€80,000€200,000▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,203€10,663€11,284€11,764€12,686▲ 7.8%
Other operating charges640/8-€610€1,815€3,520€1,706▼ 51.5%
Gross operating margin9900€63,415€109,758€140,024€49,073€126,173▲ 157%
Operating profit (loss)9901€52,645€98,485€126,925€33,789€111,781▲ 231%
Financial income75/76B-€9,056€7,546€7,175€2,000▼ 72.1%
Recurring financial income75€5,663€9,056€7,546€7,175€2,000▼ 72.1%
Financial charges65/66B-€4,714€5,801€5,635€4,361▼ 22.6%
Recurring financial charges65€1,946€4,714€5,372€5,635€4,361▼ 22.6%
Non-recurring financial charges66B--€429---
Profit (loss) for the period before taxes9903€56,362€102,827€128,670€35,329€109,419▲ 210%
Income taxes67/77€840€21,652€32,525€9,086€28,816▲ 217%
Profit (loss) for the period9904€55,522€81,174€96,145€26,244€80,603▲ 207%
Profit (loss) for the period to be appropriated9905€55,522€81,174€96,145€26,244€80,603▲ 207%
Line20202021202220232024Change
Assets
Total assets20/58€910,912€797,748€769,312€637,286€623,956▼ 2.1%
Fixed assets21/28€324,897€350,602€335,318€354,380€316,694▼ 10.6%
Tangible fixed assets22/27€289,897€315,602€310,318€329,380€316,694▼ 3.9%
Land and buildings22-€308,561€300,369€317,721€308,741▼ 2.8%
Furniture and vehicles24-€7,040€9,949€11,658€7,953▼ 31.8%
Financial fixed assets28€35,000€35,000€25,000€25,000€0▼ 100%
Current assets29/58€586,015€447,147€433,994€282,906€307,262▲ 8.6%
Amounts receivable after more than one year29-€45,000----
Other amounts receivable291-€45,000----
Amounts receivable within one year40/41€158,069€341,866€427,419€281,166€300,628▲ 6.9%
Trade receivables40-€64,761€8,833€29,967€1,854▼ 93.8%
Other amounts receivable41-€277,105€418,586€251,199€298,774▲ 18.9%
Cash at bank and in hand54/58€176,614€58,706€5,778€1,201€6,635▲ 453%
Deferred charges and accrued income490/1-€1,575€796€539€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€910,912€797,748€769,312€637,286€623,956▼ 2.1%
Equity10/15€449,197€380,372€326,516€272,760€153,363▼ 43.8%
Contributions10/11-€6,510€6,510€6,510€6,510=
Reserves13€442,687€373,862€320,006€266,250€146,853▼ 44.8%
Distributable reserves133-€373,862€320,006€266,250€146,853▼ 44.8%
Profit (loss) carried forward14----€0-
Amounts payable17/49€461,714€417,376€442,796€364,526€470,593▲ 29.1%
Amounts payable after more than one year17€257,804€240,835€248,586€231,052€188,228▼ 18.5%
Financial debts170/4-€240,835€248,586€231,052€188,228▼ 18.5%
Amounts payable within one year42/48€203,534€176,187€193,391€131,680€280,609▲ 113%
Current portion of amounts payable after more than one year42-€18,370€18,674€18,982€17,824▼ 6.1%
Trade debts44€8,313€4,780€9,154€8,620€3,238▼ 62.4%
Suppliers440/4-€4,780€9,154€8,620€3,238▼ 62.4%
Taxes, remuneration and social security45-€2,652€15,178€24,078€40,399▲ 67.8%
Taxes450/3-€2,652€15,178€24,078€40,399▲ 67.8%
Other amounts payable47/48-€150,385€150,385€80,000€219,148▲ 174%
Accrued charges and deferred income492/3-€354€819€1,794€1,756▼ 2.1%
Line20202021202220232024Change
Profit (loss) for the period9904€55,522€81,174€96,145€26,244€80,603▲ 207%
+ Depreciation and write-downs630€9,203€10,663€11,284€11,764€12,686▲ 7.8%
Operating cash flow (approximation)€64,725€91,837€107,428€38,007€93,289▲ 145%
Investment in fixed assets (approximation)--€36,368€4,000-€30,826€25,000▲ 181%
Change in cash--€117,908-€52,927-€4,578€5,434▲ 219%

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
16-07
State Gazette act General meeting · Director resignation
Dissolution · Director discharge
20-03
State Gazette act Incorporation · Founder
Founding capital · Corporate purpose
2025
07-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 68 days late
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet €26,244 ▼72.7%
Net result drops to €26,244, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €96,145 ▲18.4%
Operating result €126,925, net result €96,145, both a record.
26-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €500,000Eq €543,675 ▲18.2%
2 profitable years in a row build equity to €543,675.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
20-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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, Tienen · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
401 m²
Building footprint
375 m²
Volume, LiDAR
2,110 m³
Parcel 24593G0715/00A000, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
213 companies at this address See who is registered here
1 establishment unit
WWTex
Leuvensestraat 131, 3300 TienenActivities of head offices; management consultancy activities
since 20142.241.731.366
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24593G0715/00A000 Flanders 401 m² 1 · 375 m² 11.8 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.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. BEDRIJF INVEST 100%
  2. WIM VERMEULEN 100%
  3. WWTex

Highest known parent: BEDRIJF INVEST. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2023 annual accounts of WWTex and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

894500NXBTCH0MDMRV22
live in the LEI register

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,438 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
Founded03-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0505922207
Also 9925:BE0505922207
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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