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WH2

Active
Private limited companyfounded 201312 years activeNoorderlaan 76, 8790 Waregem, BelgiumKBO/BCE: BE 0540.760.152
Summary

WH2 has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207,509 and a net result of €83,383. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 9,638 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190
1 site
Size
€1.2mtotal assets 2025
Equity
€207,509
Profit
€83,383
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
CLEMMENS ACCOUNTANTSKANTOOR · 68.14%
Holdings
1
Accounts 116 days early0 of 4 deeds read
Why 93- Sector Wholesale trade (NACE 46)+ Size: total assets €1.2m+ Founded in 2013+ Figures for FY 2025 (filed 09-10-2025)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency 42+9
equity 17.5% of total assets
Liquidity 53=
short-term debt 3.7% · cash 2.2%
Profitability 55+29
return on assets 7.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,858 companies)
Last 24 months 11-2024: 5.2% 12-2024: 6.1%▲ +0.9 percentage points vs 11-2024 01-2025: 8.1%▲ +2.0 percentage points vs 12-2024highest value 02-2025: 0.5%▼ -7.6 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.1%▼ -0.5 percentage points vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.92 against 6.52 in 2024; short-term debt: 3.7% and cash: 2.2% of total assets), and 82.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 29% on solvency, 57% on liquidity, 41% on profitability and 89% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2013
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for FY 2025 (filed 09-10-2025)
NBB · annual accounts
raises risk · Sector Wholesale trade (NACE 46)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9638 sector peers (2025).
NBB · sector comparison
Position among 9638 sector peers
Solvency
better than 24%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
18192021222425
2018 to 2025 · latest year €207,509
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-10-2025, 116 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
116 days early
2024
2 days early
2022
42 days early
2021
46 days early
2020
32 days late
2019
38 days late
2018
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €83,383
  3. Equity above €200,000Eq €207,509 ▲59.5%

Key points

  • Positive: Back in profit in 2025after -€2,469 in 2024 €83,383 View
  • Controlled by CLEMMENS ACCOUNTANTSKANTOOR 68.14% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.2m
Profit
€83,383
Solvency
17.5%
Total assets▼ 30.2%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2016
Next accounts
by 31-01-2027
  1. 29-01-2025Annual accounts filed
  2. 30-06-2024Liquidity times 8
  3. 30-06-2024Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
11-10-2013
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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