WEPION FOOD
Open bankruptcySummary
A bankruptcy procedure is open for WEPION FOOD according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-66k) and a net result of €29k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-66k▲ 30.5%
2022 · €-95k
2018: €2k
2019: €-13k
2020: €-16k
2021: €-42k
2022: €-95k
2018 → 2023
Total assets
€114k▲ 302%
2022 · €28k
2018: €22k
2019: €16k
2020: €15k
2021: €13k
2022: €28k
2018 → 2023
Net result
€29k
2022 · €-53k
2018: €4k
2019: €-15k
2020: €-3k
2021: €-26k
2022: €-53k
2018 → 2023
Working capital
€-72k▲ 28.3%
2022 · €-100k
2018: €-3k
2019: €-19k
2020: €-23k
2021: €-48k
2022: €-100k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-13k-€-16k▼ 27.4%€-42k▼ 159%€-95k▼ 126%€-66k▲ 30.5%
Operating result€-14k-€-3k▲ 78.7%€-25k▼ 756%€-49k▼ 94.6%€32k
Net result€-15k-€-3k▲ 77.0%€-26k▼ 642%€-53k▼ 105%€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €32k after a loss of €49k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €114k
Fixed assets
€7k ▲ 10.9%
Current assets
€107k ▲ 382%
Key figures and ratios
EBITDA
€34k▲
2022 · €-47k
Cash flow
€31k▲
2022 · €-51k
Solvency
-57.7%▲
2022 · -333.6%
Current ratio
0.60▲
2022 · 0.18
Quick ratio
0.16▼
2022 · 0.18
Debt to equity
-2.73▼
2022 · -1.30
ROA
25.3%▲
2022 · -186.0%
Interest coverage
10.82▲
2022 · -13.07
Debt
€180k▲
2022 · €123k
Debt ≤ 1 year
€179k▲
2022 · €122k
Staff costs
€119k▼
2022 · €126k
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 · 2023 against 2022 · 41 lines
Balance sheet
Code20222023
Assets
Total assets20/58€28k€114k▲
Fixed assets21/28€6k€7k▲
Tangible fixed assets22/27€6k€7k▲
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€350€2k▲
Current assets29/58€22k€107k▲
Stocks and contracts in progress3-€78k
Stocks30/36-€78k
Amounts receivable within one year40/41€16k€18k▲
Trade receivables40€3k€189▼
Other amounts receivable41€13k€18k▲
Cash at bank and in hand54/58€4k€9k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€28k€114k▲
Equity10/15€-95k€-66k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-113k€-84k▲
Amounts payable17/49€123k€180k▲
Amounts payable within one year42/48€122k€179k▲
Trade debts44€63k€44k▼
Suppliers440/4€63k€44k▼
Taxes, remuneration and social security45€30k€26k▼
Taxes450/3€15k€8k▼
Remuneration and social security454/9€15k€18k▲
Other amounts payable47/48€29k€109k▲
Accrued charges and deferred income492/3€622€732▲
Income statement
Code20222023
Remuneration, social security and pensions62€126k€119k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k-
Other operating charges640/8€803€1k▲
Gross operating margin9900€95k€154k▲
Operating profit (loss)9901€-49k€32k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-53k€29k▲
Profit (loss) for the period9904€-53k€29k▲
Profit (loss) for the period to be appropriated9905€-53k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-113k€-84k▲
Profit (loss) brought forward from the previous period14P€-60k€-113k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · WEPION FOOD SRL TIENNE AUX PIERRES 106, 5100 WEPION · event 06-02-2025
18-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 202 days late
2023
31-12
Financial
Back to profitnet €29k
Net result €29k after 4 loss-making years.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 271 days late
2022
31-12
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 137 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Namur · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tienne aux Pierres(WP) 1065100 NamurGround area
112 m²
Building footprint
145 m²
Volume, LiDAR
795 m³
Parcel 92135G0125/00B000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WEPION FOOD
since 20162.279.096.855
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92135G0125/00B000 | Wallonia | 112 m² | 1 · 145 m² | 7.8 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ISABELLE SOHET AVENUE REINE ASTRID, 4,
5000 NAMUR |
06-02-2025 → present |
| Curator | RAPHAEL CANVAT AVENUE
REINE ASTRID 4, 5000 NAMUR |
06-02-2025 → present |
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Of 3,234 companies in sector 47781 we hold annual accounts for 744. 136 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
Founded29-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47210Retail sale of fruit and vegetables
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.