IMMO - WENDI
ActiveSummary
IMMO - WENDI has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.28M and a net result of €1.29M. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 80% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+41
Solvency97▲+24
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
Liquidity ample (current ratio 3.25 against 0.36 in 2024; short-term debt: 8.9% and cash: 6.5% of total assets), and 27.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
72.2%
Return on assets
28.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.28M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
12 d late
2023
30 d late
2022
28 d early
2021
7 d early
2020
16 d early
2019
11 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.28M▲ 59.8%
2024 · €2.05M
2018: €2.25M
2019: €1.90M
2020: €1.91M
2021: €1.93M
2022: €1.91M
2023: €1.93M
2024: €2.05M
2018 → 2025
Total assets
€4.54M▲ 5.5%
2024 · €4.30M
2018: €3.03M
2019: €3.06M
2020: €2.99M
2021: €2.96M
2022: €4.14M
2023: €4.19M
2024: €4.30M
2018 → 2025
Net result
€1.29M▲ 990%
2024 · €119k
2018: €20k
2019: €115k
2020: €4k
2021: €22k
2022: €-13k
2023: €-15k
2024: €119k
2018 → 2025
Working capital
€912k
2024 · €-380k
2018: €257k
2019: €326k
2020: €316k
2021: €423k
2022: €-80k
2023: €-415k
2024: €-380k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.93M-€1.91M▼ 1.1%€1.93M▲ 1.2%€2.05M▲ 6.1%€3.28M▲ 59.8%
Operating result€60k-€25k▼ 58.0%€69k▲ 175%€285k▲ 312%€1.91M▲ 569%
Net result€22k-€-13k€-15k▼ 16.7%€119k€1.29M▲ 990%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 569% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.54M
Fixed assets
€3.22M ▼ 21.2%
Current assets
€1.32M ▲ 508%
Equity and liabilities €4.54M
Equity
€3.28M ▲ 59.8%
Provisions
€191k ▲ 89.5%
Debt
€1.07M ▼ 50.3%
Debt's share of the balance-sheet total falls from 50.0% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.02M▲
2024 · €431k
Cash flow
€1.41M▲
2024 · €265k
Current ratio
3.25▲
2024 · 0.36
Debt to equity
0.33▼
2024 · 1.05
ROE
39.4%▲
2024 · 5.8%
ROA
28.5%▲
2024 · 2.8%
Interest coverage
42.80▲
2024 · 4.46
Debt ≤ 1 year
€405k▼
2024 · €596k
Debt > 1 year
€647k▼
2024 · €1.54M
Income taxes
€484k▲
2024 · €75k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.30M€4.54M▲
Fixed assets21/28€4.08M€3.22M▼
Tangible fixed assets22/27€4.08M€3.22M▼
Land and buildings22€3.91M€3.09M▼
Furniture and vehicles24€171k€125k▼
Current assets29/58€217k€1.32M▲
Amounts receivable within one year40/41€88k€12k▼
Trade receivables40€33k€12k▼
Other amounts receivable41€55k-
Current investments50/53-€1.00M
Cash at bank and in hand54/58€116k€294k▲
Deferred charges and accrued income490/1€13k€11k▼
Equity and liabilities
Total equity and liabilities10/49€4.30M€4.54M▲
Equity10/15€2.05M€3.28M▲
Contributions10/11€850k€850k=
Revaluation surpluses12€65k-
Reserves13€1.13M€2.43M▲
Tax-exempt reserves132€302k€572k▲
Distributable reserves133€832k€1.85M▲
Provisions and deferred taxes16€101k€191k▲
Deferred taxes168€101k€191k▲
Amounts payable17/49€2.15M€1.07M▼
Amounts payable after more than one year17€1.54M€647k▼
Financial debts170/4€1.54M€336k▼
Other amounts payable178/9-€311k
Amounts payable within one year42/48€596k€405k▼
Current portion of amounts payable after more than one year42€28k-
Trade debts44€658€1k▲
Suppliers440/4€658€1k▲
Taxes, remuneration and social security45€19k€140k▲
Taxes450/3€19k€140k▲
Other amounts payable47/48€549k€264k▼
Accrued charges and deferred income492/3€17k€16k▼
Income statement
Code20242025
Non-recurring operating income76A-€1.69M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146k€119k▼
Other operating charges640/8€44k€45k▲
Gross operating margin9900€475k€2.07M▲
Operating profit (loss)9901€285k€1.91M▲
Financial income75/76B€10€7k▲
Recurring financial income75€10€7k▲
Financial charges65/66B€97k€47k▼
Recurring financial charges65€97k€47k▼
Profit (loss) for the period before taxes9903€188k€1.87M▲
Transfer from deferred taxes780€5k€5k=
Transfer to deferred taxes680-€95k
Income taxes67/77€75k€484k▲
Profit (loss) for the period9904€119k€1.29M▲
Transfer from tax-exempt reserves789€15k€15k=
Transfer to tax-exempt reserves689-€285k
Profit (loss) for the period to be appropriated9905€133k€1.02M▲
Appropriation of the result
Profit (loss) to be appropriated9906€133k€1.02M▲
Transfer to equity691/2€133k€1.02M▲
To other reserves6921€133k€1.02M▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €1.29M ▲990%
Operating result €1.91M, net result €1.29M, both a record.
31-12
Financial
Liquidity times 9current ratio 3.25
Current ratio from 0.36 to 3.25; short-term debt falls from €596k to €405k.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Back to profitnet €119k
Net result €119k after 2 loss-making years.
31-12
Financial
Equity above €2MEq €2.05M ▲6.1%
Equity rises from €1.93M to €2.05M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Brugge · 1 establishment unit since 1990
Ground area
5,733 m²
Building footprint
4,595 m²
Volume, LiDAR
31,880 m³
Parcel 31812Q0196/00C000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO-WENDI NV
since 19902.049.337.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31812Q0196/00C000 | Flanders | 5,732 m² | 1 · 4,595 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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QUADRIGA IMMO
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RICAN
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LEG II MEER
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 3,138 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.