Wesdec is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €10k and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 8024 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 8 filingsDeviation from the deadline
2025
30 d late
2024
31 d late
2023
90 d late
2022
99 d late
2021
60 d late
2020
288 d late
2019
61 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 58.6%
2024 · €25k
2018: €12k
2019: €7k
2020: €-6k
2021: €10k
2022: €15k
2023: €8k
2024: €25k
2018 → 2025
Net result
€-14k
2024 · €17k
2018: €5k
2019: €-5k
2020: €-13k
2021: €15k
2022: €5k
2023: €-7k
2024: €17k
2018 → 2025
Total assets
€34k▼ 16.2%
2024 · €40k
2018: €16k
2019: €20k
2020: €39k
2021: €15k
2022: €38k
2023: €29k
2024: €40k
2018 → 2025
Solvency
30.2%▼ 30.9pp
2024 · 61.1%
2018: 73.6%
2019: 36.2%
2020: -14.8%
2021: 65.3%
2022: 38.3%
2023: 26.4%
2024: 61.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€15k▲ 50.9%€8k▼ 46.8%€25k▲ 215%€10k▼ 58.6%
Operating result€16k-€6k▼ 60.1%€-6k€24k€-14k
Net result€15k-€5k▼ 68.0%€-7k€17k€-14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€6k▲ 5.4%
Current assets
€28k▼ 19.6%
Equity and liabilities €34k
Equity
€10k▼ 58.6%
Debt
€24k▲ 50.4%
The debt ratio rises from 38.9% to 69.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
30.2%▼
2024 · 61.1%
ROE
-141.6%▼
2024 · 68.3%
ROA
-42.7%▼
2024 · 41.7%
Debt
€24k▲
2024 · €16k
Debt ≤ 1 year
€24k▲
2024 · €16k
Income taxes
€0▼
2024 · €5k
Staff costs
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€40k€34k▼
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€5k€6k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€3k€4k▲
Current assets29/58€35k€28k▼
Amounts receivable after more than one year29€1k€1k=
Other amounts receivable291€1k€1k=
Stocks and contracts in progress3€6k€922▼
Stocks30/36€6k€922▼
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€3k€298▼
Other amounts receivable41€468€4k▲
Current investments50/53€18k€18k=
Cash at bank and in hand54/58€7k€3k▼
Deferred charges and accrued income490/1-€20
Equity and liabilities
Total equity and liabilities10/49€40k€34k▼
Equity10/15€25k€10k▼
Contributions10/11€7k€7k=
Reserves13€18k€18k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14-€-14k
Amounts payable17/49€16k€24k▲
Amounts payable within one year42/48€16k€24k▲
Trade debts44€2k€309▼
Suppliers440/4€2k€309▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€4k€4k=
Remuneration and social security454/9€307-
Other amounts payable47/48€9k€19k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€858€371▼
Gross operating margin9900€30k€-10k▼
Operating profit (loss)9901€24k€-14k▼
Financial income75/76B€18€10▼
Recurring financial income75€18€10▼
Financial charges65/66B€2k€88▼
Recurring financial charges65€2k€88▼
Profit (loss) for the period before taxes9903€22k€-14k▼
Income taxes67/77€5k€0▼
Profit (loss) for the period9904€17k€-14k▼
Profit (loss) for the period to be appropriated9905€17k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-14k▼
Profit (loss) brought forward from the previous period14P€-7k-
Transfer to equity691/2€10k-
To other reserves6921€10k-
The notes to these accounts (5 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Weakest financial yearnet €-14k ▼186%
Net result drops to €-14k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.80
Current ratio from 1.29 to 2.80; short-term debt falls from €24k to €7k.
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
15-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 288 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.99
Current ratio from 0.72 to 1.99; short-term debt falls from €44k to €5k.
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
Financial 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, Hove · 1 establishment unit since 2017
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.
Vincent Bavaisstraat 432540 HoveGround area
305 m²
Building footprint
93 m²
Volume, LiDAR
453 m³
Parcel 11021A0245/00F002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wesdec
since 20172.269.814.846
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0245/00F002 | Flanders | 305 m² | 1 · 93 m² | 9.6 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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Of 24,728 companies in sector 64210 we hold annual accounts for 19,764. 5,138 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2017
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
64200Holdings
64210Activities of holding companies
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.