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Generated 10-08-2026
Active BE 0671.676.795Private limited company (pre-2019)Open bankruptcy

WESS

Jagersstraat 20 ·8200 Brugge, Belgium· 9 yrs active
Sector: Accommodation (55100)
Conclusion Checked

A bankruptcy procedure is open for WESS according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-118k) and a net result of €761.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-118k
Net result €761
Staff (FTE) 8.3
Better than sector 20%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health0Profitability0Solvency42Growth32Stability0
15 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 42
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 05-10-2023 with the NBB · fiscal year 2022 · verkort
€-800k€-600k€-400k€-200k€0Operating result 2018: €34k€34kNet result 2018: €22k€22kOperating result 2019: €-136k€-136kNet result 2019: €-162k€-162kOperating result 2020: €-83k€-83kNet result 2020: €-268k€-268kOperating result 2021: €-671k€-671kNet result 2021: €27k€27kOperating result 2022: €27k€27kNet result 2022: €761€76120182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 55, Accommodation · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -18.2% 6.6%
better than 20% of 71 sector peers
Net result €761 €-7k
better than 60% of 71 sector peers
Equity €-118k €38k
better than 26% of 71 sector peers
Gross operating margin €615k €130k
better than 75% of 71 sector peers
Staff costs €393k €272k
higher than 63% of 45 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€54k
- far above sector median
Net profit
€761
-97.2% far above sector median
Cash flow
€28k
-50.7% far above sector median
Total assets
€647k
+82.6% +9% vs sector
Equity
€-118k
-196.3% far below sector median
Working capital
€-72k
-279.1% +74% vs sector
Employees (FTE)
8
-2.4% +12% vs sector
Staff costs
€393k
+79.7% +39% vs sector
Income taxes
€287
-96.1% -22% vs sector
Debt
€765k
+94.1% +25% vs sector
Debt ≤ 1y
€584k
+168.3% +9% vs sector
Debt > 1y
€30k
0.0% -60% vs sector
Current ratio
0.88
-4.0% +192% vs sector
Quick ratio
0.87
-3.1% +192% vs sector
Solvency
-18.2%
-62.2% far below sector median
Debt / equity
-6.49
+34.5% far below sector median
ROE
-0.6%
+99.1% far below sector median
ROA
0.1%
-98.5% far above sector median
Interest coverage
1.98
- far above sector median
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA€54k
Net profit€761
Cash flow€28k
Staff costs€393k
Income taxes€287
Dividends-
Total assets€647k
Equity€-118k
Debt€765k
of which ≤ 1y€584k
of which > 1y€30k
Working capital€-72k
Employees (FTE)8.3
Ratios (computed)
2022
Current ratio0.88
Quick ratio0.87
Working capital ratio-11.2%
Solvency-18.2%
Debt / equity-6.49
Long-term debt ratio-0.25
Interest coverage1.98
Gross margin-
Net margin-
ROA0.1%
ROE-0.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€647k
Fixed assets 21/28€135k
Formation expenses 20€0
Tangible fixed assets 22/27€135k
Current assets 29/58€512k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€272k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€647k
Equity 10/15€-118k
Contributions / capital 10/11€200k
Reserves 13€1k
Accumulated profits (losses) 14€-319k
Amounts payable 17/49€765k
Amounts payable after one year 17€30k
Amounts payable within one year 42/48€584k
Trade debts payable within one year 44€151k
Income statement
Gross operating margin 9900€615k
Operating result 9901€27k
Financial income 75€1k
Financial charges 65€27k
Result before taxes 9903€1k
Income taxes 67/77€287
Net result for the period 9904€761
Result to be appropriated 9905€761
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator ANTHONY HOUTHOOFD
ERNEST ALLARDSTRAAT 45, 1000 BRUSSEL 1
 06-08-2024 → present Belgian State Gazette
Legal Structure
NACE primary Accommodation(55100)
Legal form Private limited company (pre-2019)(015)
Incorporation13-02-2017
StatusActive
Postal code8200
First BS signal 13-08-2024
Latest BS signal 13-08-2024
Company structure, linked entities1 linked entities
WESSBE 0671.676.795ANTHONY HOUTHOOFDReceiver ↔ 90BELGICA SPORT CEN…-MEDIAGEUZEN
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units 3 locations
Value Stay Brugge
Jagersstraat 20, 8200 BruggeHotels en dergelijke accommodatie
since 20172.262.215.588
Value Stay Blankenberge
Hotels en dergelijke accommodatie
since 20172.262.215.885
Value Stay Menen
Wahisstraat 34/42, 8930 MenenHotels en dergelijke accommodatie
since 20192.292.364.079
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31030A0463/00A002 Flanders 5,792 m² 1 · 496 m² 9.4 m · 2 fl.
34027E1063/00A000 Flanders 2,018 m² 1 · 724 m² 12.0 m · 3 fl.
31602A0840/00T004 Flanders 303 m² 1 · 303 m² 20.7 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
27-08-2024
State Gazette act Registered-office change
13-08-2024
Bankruptcy Opening
Ondernemingsrechtbank Brussel · WESS BV LUITBERG 1, 1853. GRIMBERGEN · event 06-08-2024
2023
05-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
11-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
28-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
14-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
18-09-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
Lifecycle & Insolvency Signals 1 events
13-08-2024
Bankruptcy Opening
Date: 06-08-2024 · Ondernemingsrechtbank Brussel · WESS BV LUITBERG 1, 1853. GRIMBERGEN · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-08-13 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Address history · 1
27-08-2024
Registered-office move
All acts · 1 updated 1 year ago
2024
27-08-2024 Registered office moved from Grimbergen to Brugge Registered-office change
  • Luitberg 1, 1853 Grimbergen → Jagersstraat 20, 8200 Brugge
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Jagersstraat 20, 8200 Brugge",
        "city": "Brugge",
        "region": "vlaams_gewest",
        "street": "Jagersstraat",
        "country": "BE",
        "postcode": "8200",
        "box_number": null,
        "street_number": "20",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Luitberg 1, 1853 Grimbergen",
        "city": "Grimbergen",
        "region": "vlaams_gewest",
        "street": "Luitberg",
        "country": "BE",
        "postcode": "1853",
        "box_number": null,
        "street_number": "1",
        "locality_suffix": null
      },
      "effective_date": "2024-05-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-08-27",
    "filing_date": "2024-04-24",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "raad_van_bestuur",
    "date": "2024-04-24",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0671.676.795",
    "name_full": "BE0671676795",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "de notulen van de bestuursvergadering dd. 24/04/2024"
  ]
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Hotels en dergelijke accommodatie55100Hotels en dergelijke accommodatie55100
Primary activity highlighted.
Names & trade names
Legal nameNL WESS
Registered office
Jagersstraat 20
8200 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative