W. INVEST
ActiveSummary
W. INVEST has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.20M and a net result of €201k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 3307 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 18.72 against 20.8 in 2024; short-term debt: 4.5% and cash: 25.2% of total assets), and 4.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.3%
Return on assets
16%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 16-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
1 d late
2023
2 d late
2022
5 d early
2021
2 d late
2020
3 d early
2019
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.20M▼ 12.2%
2024 · €1.36M
2018: €750k
2019: €385k▼ -48.7% vs 2018lowest in 8 years
2020: €468k▲ +21.6% vs 2019
2021: €673k▲ +43.9% vs 2020
2022: €806k▲ +19.8% vs 2021
2023: €941k▲ +16.7% vs 2022
2024: €1.36M▲ +44.7% vs 2023highest in 8 years
2025: €1.20M▼ -12.2% vs 2024
2018 → 2025
Total assets
€1.26M▼ 11.6%
2024 · €1.42M
2018: €796k
2019: €408k▼ -48.7% vs 2018lowest in 8 years
2020: €518k▲ +27.0% vs 2019
2021: €904k▲ +74.7% vs 2020
2022: €835k▼ -7.7% vs 2021
2023: €1.01M▲ +21.6% vs 2022
2024: €1.42M▲ +40.0% vs 2023highest in 8 years
2025: €1.26M▼ -11.6% vs 2024
2018 → 2025
Net result
€201k▼ 52.1%
2024 · €421k
2018: €8k
2019: €-365k▼ -4781% vs 2018lowest in 8 years
2020: €83k▲ +123% vs 2019
2021: €205k▲ +147% vs 2020
2022: €133k▼ -35.3% vs 2021
2023: €135k▲ +1.4% vs 2022
2024: €421k▲ +212% vs 2023highest in 8 years
2025: €201k▼ -52.1% vs 2024
2018 → 2025
Working capital
€996k▼ 12.1%
2024 · €1.13M
2018: €45klowest in 8 years
2019: €59k▲ +29.3% vs 2018
2020: €143k▲ +144% vs 2019
2021: €158k▲ +10.9% vs 2020
2022: €308k▲ +94.2% vs 2021
2023: €432k▲ +40.2% vs 2022
2024: €1.13M▲ +162% vs 2023highest in 8 years
2025: €996k▼ -12.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€673k-€806k▲ 19.8%€941k▲ 16.7%€1.36M▲ 44.7%€1.20M▼ 12.2%
2021: €673klowest in 5 years
2022: €806k▲ +19.8% vs 2021
2023: €941k▲ +16.7% vs 2022
2024: €1.36M▲ +44.7% vs 2023highest in 5 years
2025: €1.20M▼ -12.2% vs 2024
Operating result€154k-€204k▲ 32.6%€203k▼ 0.4%€253k▲ 24.3%€258k▲ 2.2%
2021: €154klowest in 5 years
2022: €204k▲ +32.6% vs 2021
2023: €203k▼ -0.4% vs 2022
2024: €253k▲ +24.3% vs 2023
2025: €258k▲ +2.2% vs 2024highest in 5 years
Net result€205k-€133k▼ 35.3%€135k▲ 1.4%€421k▲ 212%€201k▼ 52.1%
2021: €205k
2022: €133k▼ -35.3% vs 2021lowest in 5 years
2023: €135k▲ +1.4% vs 2022
2024: €421k▲ +212% vs 2023highest in 5 years
2025: €201k▼ -52.1% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.26M
Fixed assets
€204k ▼ 11.4%
Current assets
€1.05M ▼ 11.6%
Equity and liabilities €1.26M
Equity
€1.20M ▼ 12.2%
Debt
€59k ▲ 2.4%
Debt's share of the balance-sheet total rises from 4.1% to 4.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€291k▲
2024 · €286k
Cash flow
€234k▼
2024 · €453k
Current ratio
18.72▼
2024 · 20.80
Debt to equity
0.05▲
2024 · 0.04
ROE
16.8%▼
2024 · 30.9%
ROA
16.0%▼
2024 · 29.6%
Interest coverage
2017.30▼
2024 · 4612.33
Debt ≤ 1 year
€56k▼
2024 · €57k
Income taxes
€98k▼
2024 · €120k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.42M€1.26M▼
Fixed assets21/28€230k€204k▼
Tangible fixed assets22/27€230k€204k▼
Land and buildings22€85k€85k=
Furniture and vehicles24€95k€66k▼
Other tangible fixed assets26€50k€52k▲
Financial fixed assets28€250€250=
Current assets29/58€1.19M€1.05M▼
Amounts receivable within one year40/41€570k€6k▼
Trade receivables40€551k€62▼
Other amounts receivable41€19k€6k▼
Current investments50/53€408k€711k▲
Cash at bank and in hand54/58€201k€316k▲
Deferred charges and accrued income490/1€11k€19k▲
Equity and liabilities
Total equity and liabilities10/49€1.42M€1.26M▼
Equity10/15€1.36M€1.20M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.30M€1.13M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€22k€22k=
Distributable reserves133€1.27M€1.11M▼
Profit (loss) carried forward14€503€561▲
Amounts payable17/49€58k€59k▲
Amounts payable within one year42/48€57k€56k▼
Trade debts44€15k€16k▲
Suppliers440/4€15k€16k▲
Taxes, remuneration and social security45€42k€29k▼
Taxes450/3€42k€29k▼
Other amounts payable47/48-€11k
Accrued charges and deferred income492/3€797€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€24-
Gross operating margin9900€288k€294k▲
Operating profit (loss)9901€253k€258k▲
Financial income75/76B€288k€42k▼
Recurring financial income75€1k€42k▲
Non-recurring financial income76B€287k-
Financial charges65/66B€62€144▲
Recurring financial charges65€62€144▲
Profit (loss) for the period before taxes9903€541k€300k▼
Income taxes67/77€120k€98k▼
Profit (loss) for the period9904€421k€201k▼
Profit (loss) for the period to be appropriated9905€421k€201k▼
Appropriation of the result
Profit (loss) to be appropriated9906€421k€202k▼
Profit (loss) brought forward from the previous period14P€432€503▲
Transfer from equity791/2-€367k
Transfer to equity691/2€421k€201k▼
To other reserves6921€421k€201k▼
Profit to be distributed694/7-€367k
Return on contributions (dividend)694-€367k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €33k | €35k | €33k | €33k | ▲ 0.6% |
| Other operating charges640/8 | €8k | €1k | €2k | €3k | €2k | ▼ 10.6% |
| Non-recurring operating charges66A | - | - | - | €24 | - | - |
| Gross operating margin9900 | €185k | €239k | €240k | €288k | €294k | ▲ 1.9% |
| Operating profit (loss)9901 | €154k | €204k | €203k | €253k | €258k | ▲ 2.2% |
| Financial income75/76B | €110k | - | €3k | €288k | €42k | ▼ 85.6% |
| Recurring financial income75 | €0 | - | €3k | €1k | €42k | ▲ 3,396% |
| Non-recurring financial income76B | €110k | - | - | €287k | - | - |
| Financial charges65/66B | €330 | €2k | €103 | €62 | €144 | ▲ 133% |
| Recurring financial charges65 | €330 | €2k | €103 | €62 | €144 | ▲ 133% |
| Profit (loss) for the period before taxes9903 | €264k | €202k | €206k | €541k | €300k | ▼ 44.6% |
| Income taxes67/77 | €58k | €69k | €71k | €120k | €98k | ▼ 18.0% |
| Profit (loss) for the period9904 | €205k | €133k | €135k | €421k | €201k | ▼ 52.1% |
| Transfer to tax-exempt reserves689 | €2k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €203k | €133k | €135k | €421k | €201k | ▼ 52.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €904k | €835k | €1.01M | €1.42M | €1.26M | ▼ 11.6% |
| Fixed assets21/28 | €519k | €503k | €515k | €230k | €204k | ▼ 11.4% |
| Tangible fixed assets22/27 | €259k | €243k | €255k | €230k | €204k | ▼ 11.4% |
| Land and buildings22 | €85k | €85k | €85k | €85k | €85k | = |
| Furniture and vehicles24 | €130k | €110k | €123k | €95k | €66k | ▼ 30.0% |
| Other tangible fixed assets26 | €45k | €49k | €47k | €50k | €52k | ▲ 4.6% |
| Financial fixed assets28 | €260k | €260k | €260k | €250 | €250 | = |
| Current assets29/58 | €385k | €331k | €499k | €1.19M | €1.05M | ▼ 11.6% |
| Amounts receivable within one year40/41 | €168k | €25k | €49k | €570k | €6k | ▼ 98.9% |
| Trade receivables40 | €168k | €13 | €45k | €551k | €62 | ▼ 100.0% |
| Other amounts receivable41 | €2 | €25k | €4k | €19k | €6k | ▼ 67.5% |
| Current investments50/53 | €100k | €208k | €308k | €408k | €711k | ▲ 74.1% |
| Cash at bank and in hand54/58 | €113k | €86k | €133k | €201k | €316k | ▲ 57.4% |
| Deferred charges and accrued income490/1 | €4k | €12k | €9k | €11k | €19k | ▲ 75.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €904k | €835k | €1.01M | €1.42M | €1.26M | ▼ 11.6% |
| Equity10/15 | €673k | €806k | €941k | €1.36M | €1.20M | ▼ 12.2% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €611k | €744k | €879k | €1.30M | €1.13M | ▼ 12.7% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €22k | €22k | €22k | €22k | €22k | = |
| Distributable reserves133 | €583k | €716k | €851k | €1.27M | €1.11M | ▼ 13.0% |
| Profit (loss) carried forward14 | €105 | €429 | €432 | €503 | €561 | ▲ 11.5% |
| Amounts payable17/49 | €231k | €28k | €73k | €58k | €59k | ▲ 2.4% |
| Amounts payable within one year42/48 | €227k | €23k | €68k | €57k | €56k | ▼ 1.8% |
| Trade debts44 | €159k | €9k | €43k | €15k | €16k | ▲ 5.4% |
| Suppliers440/4 | €159k | €9k | €43k | €15k | €16k | ▲ 5.4% |
| Taxes, remuneration and social security45 | €34k | €14k | €20k | €42k | €29k | ▼ 31.2% |
| Taxes450/3 | €32k | €14k | €20k | €42k | €29k | ▼ 31.2% |
| Remuneration and social security454/9 | €2k | - | - | - | - | - |
| Other amounts payable47/48 | €34k | - | €5k | - | €11k | - |
| Accrued charges and deferred income492/3 | €4k | €5k | €5k | €797 | €3k | ▲ 305% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €205k | €133k | €135k | €421k | €201k | ▼ 52.1% |
| + Depreciation and write-downs630 | €23k | €33k | €35k | €33k | €33k | ▲ 0.6% |
| Operating cash flow (approximation) | €229k | €166k | €170k | €453k | €234k | ▼ 48.3% |
| Investment in fixed assets (approximation) | - | €-17k | €-46k | €252k | €-7k | ▼ 103% |
| Change in cash | - | €-26k | €47k | €68k | €115k | ▲ 70.2% |
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
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
Reappointments: Gaëtan Waucquez (director and managing director) and Caroline de Laet Derache (director)Power of attorney4 facts ▸
State Gazette act
Reappointments: Gaëtan Waucquez (director and managing director) and Caroline de Laet Derache (director)
Power of attorney4 facts ▸
- General meeting, 01-06-2026
- Director reappointment, Gaëtan Waucquez (director and managing director)
- Director reappointment, Caroline de Laet Derache (director)
- Power of attorney, Christine Defays
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
30-12
Financial
Highest result since 2018net €421k ▲212%
Net result €421k, the highest in the series.
30-12
Financial
Liquidity triplescurrent ratio 20.80
Current ratio from 7.37 to 20.80; short-term debt falls from €68k to €57k.
30-12
Financial
Equity above €1MEq €1.36M ▲44.7%
5 profitable years in a row build equity to €1.36M.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-12
Financial
Liquidity times 8current ratio 14.11
Current ratio from 1.70 to 14.11; short-term debt falls from €227k to €23k.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-12
Financial
Equity above €500kEq €673k ▲43.9%
2 profitable years in a row build equity to €673k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
30-12
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-12
Financial
Weakest financial yearnet €-365k
Net result drops to €-365k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors
Gäetan Waucquez
CurrentDirector and managing director
Madame Caroline de Laet Derache
CurrentDirector
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2001
Ground area
3,688 m²
Building footprint
501 m²
Volume, LiDAR
3,572 m³
2 parcels, Brussels · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Groenejagersveld 36, 1000 Brussel
since 20012.094.182.587
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02E090 | Brussels | 2,695 m² | 1 · 351 m² | 10.8 m · 2 fl. |
| 21822R0287/00X008 | Brussels | 993 m² | 1 · 150 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
5 connected companiesThis company
Company
Director
Shareholding
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
via Gäetan Waucquez · Director
→
via Gäetan Waucquez · Director
→
via Gäetan Waucquez · Director
→
via Gäetan Waucquez · Director
→
Show 1 more companies with a shared director
via Gäetan Waucquez · Administrateur non exécutif
former→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
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Identification & contact
Identification
Legal formPublic limited company
Founded30-06-2000
Fiscal year end30-12
Activities, NACEBEL 2025
69209Other tax advisory services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.