WV2
The file of WV2 contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 19.9% (high). The 2025 annual accounts show equity of €1.43M and a net result of €159k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 185 sector peers (fiscal year 2025).
| Equity | €1.43M |
| Net result | €159k |
| Staff (FTE) | 42.4 |
| Better than sector | 84% |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 70.3% | 42.6% | |
| Net result | €159k | €159k | |
| Equity | €1.43M | €1.19M | |
| Staff costs | €2.12M | €761k | |
| Employees (FTE) | 42.4 | 10.0 |
| Fiscal year | 2025 |
|---|---|
| Revenue | €3.56M |
| EBITDA | €437k |
| Net profit | €159k |
| Cash flow | €394k |
| Staff costs | €2.12M |
| Income taxes | €67k |
| Dividends | €800k |
| Total assets | €2.03M |
| Equity | €1.43M |
| Debt | €602k |
| of which ≤ 1y | €602k |
| of which > 1y | - |
| Working capital | €262k |
| Employees (FTE) | 42.4 |
| 2025 | |
|---|---|
| Current ratio | 1.44 |
| Quick ratio | 1.44 |
| Working capital ratio | 12.9% |
| Solvency | 70.3% |
| Debt / equity | 0.42 |
| Long-term debt ratio | - |
| Interest coverage | 2098.39 |
| Gross margin | - |
| Net margin | 4.5% |
| ROA | 7.8% |
| ROE | 11.1% |
| EBITDA margin | 12.3% |
| Days sales outstanding | 61d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.03M |
| Fixed assets | 21/28 | €1.16M |
| Tangible fixed assets | 22/27 | €1.16M |
| Current assets | 29/58 | €863k |
| Amounts receivable within one year | 40/41 | €596k |
| Cash & bank | 54/58 | €259k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.03M |
| Equity | 10/15 | €1.43M |
| Contributions / capital | 10/11 | €208k |
| Reserves | 13 | €27k |
| Accumulated profits (losses) | 14 | €1.19M |
| Amounts payable | 17/49 | €602k |
| Amounts payable within one year | 42/48 | €602k |
| Trade debts payable within one year | 44 | €303k |
| Income statement | ||
| Turnover | 70 | €3.56M |
| Operating result | 9901 | €202k |
| Financial income | 75 | €25k |
| Financial charges | 65 | €208 |
| Result before taxes | 9903 | €226k |
| Income taxes | 67/77 | €67k |
| Net result for the period | 9904 | €159k |
| Result to be appropriated | 9905 | €159k |
| NACE primary | Wholesale trade(46495) |
| Legal form | Public limited company(014) |
| Incorporation | 26-03-2015 |
| Status | Active |
| Postal code | 9052 |
| First BS signal | 14-08-2018 |
| Latest BS signal | 16-11-2018 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026B0116/00Z022 | Flanders | 2.1 ha | 1 · 6,594 m² | 0.9 m |
| 34023B0961/00P002 | Flanders | 1.7 ha | 1 · 8,594 m² | 9.8 m · 2 fl. |
| 24505I0088/00V002 | Flanders | 9,599 m² | 1 · 2,589 m² | 7.3 m · 2 fl. |
| 44082B0132/00F000 | Flanders | 9,545 m² | 1 · 3,366 m² | 15.3 m · 3 fl. |
| 38025C0116/00G000 | Flanders | 9,465 m² | 1 · 2,464 m² | 8.6 m · 2 fl. |
| 44062A0290/00L000 | Flanders | 6,546 m² | 1 · 2,453 m² | 11.3 m |
| 24014D0064/00A000 | Flanders | 4,205 m² | 1 · 827 m² | 4.3 m |
| 23403H0106/00G000 | Flanders | 3,932 m² | 1 · 1,599 m² | 5.9 m · 2 fl. |
| 45502A0460/00K000 | Flanders | 1,852 m² | 1 · 1,006 m² | 5.9 m · 2 fl. |
| 34352F0846/00H000 | Flanders | 378 m² | 1 · 121 m² | 11.4 m · 3 fl. |
3 more parcels, available with Plus.
See plans →A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-11-2024 1 director appointed, 1 reappointed
- Stefaan Vandamme, Bestuurder
- Ernst & Young Bedrijfsrevisoren, Bestuurder
Technical details
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"act_meta": {
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"pub_date": "2024-11-19",
"filing_date": "2024-11-06",
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"decisions": [
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | WV2 |