WRAPZ

Active

Private limited companyfounded 20232 yrs activeWillem Tellstraat 23, 8370 Blankenberge, BelgiumKBO/BCE: BE 1003.479.351

WRAPZ has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €3k. Its solvency ranks better than 19% of 6946 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Watch Print / PDF

Checked score

Score 2025

68 / 100

Healthy▲ +5 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency21▲+4

Growth52

Stability82

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.13 against 1.06 in 2024), and 89.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

10.6%

Return on assets

2.8%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6946 sector peers (2025).

NBB · sector comparison

Position among 6946 sector peers

Solvency

better than 19%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

on the day

2024

on the day

← before the deadline after the deadline →

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 months

Position in the running window

11-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€13k▲ 36.2%

2024 · €10k

2024: €10k

2024 → 2025

Total assets

€123k▼ 12.4%

2024 · €140k

2024: €140k

2024 → 2025

Net result

€3k▼ 23.7%

2024 · €5k

2024: €5k

2024 → 2025

Working capital

€6k▲ 94.7%

2024 · €3k

2024: €3k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€10k-€13k▲ 36.2%

Operating result€8k-€10k▲ 28.5%

Net result€5k-€3k▼ 23.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 29% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €123k

60.5%

39.5%

Fixed assets €74k▼ 18.3%

Current assets €48k▼ 1.5%

Equity and liabilities €123k

11%

89.4%

Equity €13k▲ 36.2%

Debt €110k▼ 15.9%

The debt ratio falls from 93.2% to 89.4%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€27k▲

2024 · €22k

Cash flow

€20k▲

2024 · €18k

Solvency

10.6%▲

2024 · 6.8%

Current ratio

1.13▲

2024 · 1.06

Quick ratio

1.05▲

2024 · 0.99

Debt / equity

8.45▼

2024 · 13.70

ROE

26.6%▼

2024 · 47.5%

ROA

2.8%▼

2024 · 3.2%

Interest coverage

5.03▼

2024 · 5.78

Debt

€110k▼

2024 · €130k

Debt ≤ 1 year

€43k▼

2024 · €46k

Debt > 1 year

€67k▼

2024 · €84k

Income taxes

€2k▲

2024 · €604

Staff costs

€6k▲

2024 · €5k

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€140k€123k▼

Fixed assets21/28€91k€74k▼

Tangible fixed assets22/27€88k€71k▼

Plant, machinery and equipment23€83k€67k▼

Furniture and vehicles24€5k€4k▼

Financial fixed assets28€3k€3k=

Current assets29/58€49k€48k▼

Stocks and contracts in progress3€3k€4k▲

Stocks30/36€3k€4k▲

Amounts receivable within one year40/41€24k€20k▼

Trade receivables40€23k€16k▼

Other amounts receivable41€1k€4k▲

Cash at bank and in hand54/58€22k€25k▲

Equity and liabilities

Total equity and liabilities10/49€140k€123k▼

Equity10/15€10k€13k▲

Contributions10/11€5k€5k=

Reserves13€5k€8k▲

Distributable reserves133€5k€8k▲

Amounts payable17/49€130k€110k▼

Amounts payable after more than one year17€84k€67k▼

Financial debts170/4€84k€67k▼

Amounts payable within one year42/48€46k€43k▼

Current portion of amounts payable after more than one year42€20k€18k▼

Trade debts44€16k€15k▼

Suppliers440/4€16k€15k▼

Taxes, remuneration and social security45€8k€10k▲

Taxes450/3€8k€10k▲

Other amounts payable47/48€3k-

Income statement Code20242025

Remuneration, social security and pensions62€5k€6k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲

Other operating charges640/8€938€4k▲

Gross operating margin9900€27k€37k▲

Operating profit (loss)9901€8k€10k▲

Financial income75/76B€778€768▼

Recurring financial income75€698€566▼

Non-recurring financial income76B€80€202▲

Financial charges65/66B€4k€6k▲

Recurring financial charges65€4k€5k▲

Non-recurring financial charges66B-€300

Profit (loss) for the period before taxes9903€5k€5k▲

Income taxes67/77€604€2k▲

Profit (loss) for the period9904€5k€3k▼

Profit (loss) for the period to be appropriated9905€5k€3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€5k€3k▼

Transfer to equity691/2€5k€3k▼

To other reserves6921€5k€3k▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

no sitting director, last change in 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

30-06-2025 Resigned as Director

Not every act has been read: a resignation may be missing here

3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Blankenberge · 1 establishment unit since 2024

exact location from the address register On OpenStreetMap

Ground area

2,867 m²

Building footprint

1,877 m²

Volume, LiDAR

804 m³

2 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Atelier Wrapz