HANDELSAARSVERENIGING WIJNEGEM SHOPPING CENTER
ActiveSummary
HANDELSAARSVERENIGING WIJNEGEM SHOPPING CENTER has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €9k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 20% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+32
Solvency32▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.45 in 2024; short-term debt: 73.1% and cash: 59.7% of total assets), and 92.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.4%
Return on assets
0.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2284 sector peers (2025).
NBB · sector comparisonPosition among 2284 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
13 d early
2023
20 d early
2022
153 d late
2021
518 d late
2020
460 d late
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€198k▲ 5.0%
2024 · €188k
2018: €188klowest in 8 years
2019: €220k▲ +17.0% vs 2018
2020: €457k▲ +108% vs 2019highest in 8 years
2021: €324k▼ -29.1% vs 2020
2022: €315k▼ -2.8% vs 2021
2023: €188k▼ -40.3% vs 2022
2024: €188k▼ -0.1% vs 2023
2025: €198k▲ +5.0% vs 2024
2018 → 2025
Total assets
€2.65M▲ 31.8%
2024 · €2.01M
2018: €2.80Mhighest in 8 years
2019: €1.70M▼ -39.2% vs 2018
2020: €1.58M▼ -7.3% vs 2019lowest in 8 years
2021: €1.70M▲ +7.8% vs 2020
2022: €2.63M▲ +54.3% vs 2021
2023: €2.80M▲ +6.5% vs 2022
2024: €2.01M▼ -28.1% vs 2023
2025: €2.65M▲ +31.8% vs 2024
2018 → 2025
Net result
€9k
2024 · €-137
2018: €48k
2019: €32k▼ -33.6% vs 2018
2020: €237k▲ +642% vs 2019highest in 8 years
2021: €-133k▼ -156% vs 2020lowest in 8 years
2022: €-9k▲ +93.3% vs 2021
2023: €-127k▼ -1318% vs 2022
2024: €-137▲ +99.9% vs 2023
2025: €9k▲ +6880% vs 2024
2018 → 2025
Working capital
€554k▼ 10.6%
2024 · €619k
2018: €505klowest in 8 years
2019: €557k▲ +10.3% vs 2018
2020: €833k▲ +49.5% vs 2019highest in 8 years
2021: €754k▼ -9.5% vs 2020
2022: €755k▲ +0.1% vs 2021
2023: €683k▼ -9.6% vs 2022
2024: €619k▼ -9.3% vs 2023
2025: €554k▼ -10.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€324k-€315k▼ 2.8%€188k▼ 40.3%€188k▼ 0.1%€198k▲ 5.0%
2021: €324khighest in 5 years
2022: €315k▼ -2.8% vs 2021
2023: €188k▼ -40.3% vs 2022
2024: €188k▼ -0.1% vs 2023lowest in 5 years
2025: €198k▲ +5.0% vs 2024
Operating result€-124k-€-16k▲ 86.7%€-127k▼ 672%€42€9k▲ 22,148%
2021: €-124k
2022: €-16k▲ +86.7% vs 2021
2023: €-127k▼ -672% vs 2022lowest in 5 years
2024: €42▲ +100% vs 2023
2025: €9k▲ +22148% vs 2024highest in 5 years
Net result€-133k-€-9k▲ 93.3%€-127k▼ 1,318%€-137▲ 99.9%€9k
2021: €-133klowest in 5 years
2022: €-9k▲ +93.3% vs 2021
2023: €-127k▼ -1318% vs 2022
2024: €-137▲ +99.9% vs 2023
2025: €9k▲ +6880% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 22,148% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.65M
Fixed assets
€160k ▲ 540%
Current assets
€2.49M ▲ 25.4%
Equity and liabilities €2.65M
Equity
€198k ▲ 5.0%
Debt
€2.45M ▲ 34.6%
Debt's share of the balance-sheet total rises from 90.6% to 92.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€77k
Cash flow
€77k
Current ratio
1.29▼
2024 · 1.45
Debt to equity
12.43▲
2024 · 9.69
ROE
4.7%▲
2024 · -0.1%
ROA
0.4%▲
2024 · 0.0%
Interest coverage
138.79
Debt ≤ 1 year
€1.94M▲
2024 · €1.37M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.01M€2.65M▲
Fixed assets21/28€25k€160k▲
Tangible fixed assets22/27-€135k
Furniture and vehicles24-€135k
Financial fixed assets28€25k€25k=
Current assets29/58€1.99M€2.49M▲
Amounts receivable within one year40/41€878k€845k▼
Trade receivables40€606k€523k▼
Other amounts receivable41€272k€323k▲
Cash at bank and in hand54/58€1.03M€1.58M▲
Deferred charges and accrued income490/1€77k€64k▼
Equity and liabilities
Total equity and liabilities10/49€2.01M€2.65M▲
Equity10/15€188k€198k▲
Profit (loss) carried forward14€188k€198k▲
Amounts payable17/49€1.82M€2.45M▲
Amounts payable within one year42/48€1.37M€1.94M▲
Trade debts44€596k€795k▲
Suppliers440/4€596k€795k▲
Advances received on contracts in progress46€772k€1.14M▲
Accrued charges and deferred income492/3€456k€516k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€68k
Gross operating margin9900€42€77k▲
Operating profit (loss)9901€42€9k▲
Financial income75/76B€320€452▲
Recurring financial income75€320€452▲
Financial charges65/66B€500€554▲
Recurring financial charges65€500€554▲
Profit (loss) for the period before taxes9903€-137€9k▲
Profit (loss) for the period9904€-137€9k▲
Profit (loss) for the period to be appropriated9905€-137€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€188k€198k▲
Profit (loss) brought forward from the previous period14P€188k€188k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €2k | €0 | - | €68k | - |
| Gross operating margin9900 | €-116k | €-14k | €-127k | €42 | €77k | ▲ 181,534% |
| Operating profit (loss)9901 | €-124k | €-16k | €-127k | €42 | €9k | ▲ 22,148% |
| Financial income75/76B | €0 | €11k | €125 | €320 | €452 | ▲ 41.2% |
| Recurring financial income75 | €0 | €11k | €125 | €320 | €452 | ▲ 41.2% |
| Financial charges65/66B | €10k | €4k | €460 | €500 | €554 | ▲ 10.9% |
| Recurring financial charges65 | €10k | €4k | €460 | €500 | €554 | ▲ 10.9% |
| Profit (loss) for the period before taxes9903 | €-133k | €-9k | €-127k | €-137 | €9k | ▲ 6,880% |
| Profit (loss) for the period9904 | €-133k | €-9k | €-127k | €-137 | €9k | ▲ 6,880% |
| Profit (loss) for the period to be appropriated9905 | €-133k | €-9k | €-127k | €-137 | €9k | ▲ 6,880% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.70M | €2.63M | €2.80M | €2.01M | €2.65M | ▲ 31.8% |
| Fixed assets21/28 | €27k | €25k | €25k | €25k | €160k | ▲ 540% |
| Tangible fixed assets22/27 | €2k | €0 | - | - | €135k | - |
| Furniture and vehicles24 | €2k | €0 | - | - | €135k | - |
| Financial fixed assets28 | €25k | €25k | €25k | €25k | €25k | = |
| Current assets29/58 | €1.67M | €2.60M | €2.77M | €1.99M | €2.49M | ▲ 25.4% |
| Amounts receivable within one year40/41 | €692k | €712k | €985k | €878k | €845k | ▼ 3.7% |
| Trade receivables40 | €483k | €441k | €603k | €606k | €523k | ▼ 13.7% |
| Other amounts receivable41 | €209k | €271k | €382k | €272k | €323k | ▲ 18.5% |
| Cash at bank and in hand54/58 | €971k | €1.88M | €1.77M | €1.03M | €1.58M | ▲ 53.5% |
| Deferred charges and accrued income490/1 | €11k | €10k | €17k | €77k | €64k | ▼ 17.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.70M | €2.63M | €2.80M | €2.01M | €2.65M | ▲ 31.8% |
| Equity10/15 | €324k | €315k | €188k | €188k | €198k | ▲ 5.0% |
| Profit (loss) carried forward14 | €324k | €315k | €188k | €188k | €198k | ▲ 5.0% |
| Amounts payable17/49 | €1.38M | €2.31M | €2.61M | €1.82M | €2.45M | ▲ 34.6% |
| Amounts payable within one year42/48 | €920k | €1.85M | €2.09M | €1.37M | €1.94M | ▲ 41.7% |
| Trade debts44 | €453k | €402k | €470k | €596k | €795k | ▲ 33.3% |
| Suppliers440/4 | €453k | €402k | €470k | €596k | €795k | ▲ 33.3% |
| Advances received on contracts in progress46 | €468k | €1.44M | €1.55M | €772k | €1.14M | ▲ 48.2% |
| Accrued charges and deferred income492/3 | €457k | €465k | €519k | €456k | €516k | ▲ 13.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-133k | €-9k | €-127k | €-137 | €9k | ▲ 6,880% |
| + Depreciation and write-downs630 | €7k | €2k | €0 | - | €68k | - |
| Operating cash flow (approximation) | €-126k | €-7k | €-127k | €-137 | €77k | ▲ 55,985% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-203k | - |
| Change in cash | - | €908k | €-108k | €-739k | €552k | ▲ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-09
State Gazette act
Appointments: Cantata b.v.b.a. (director) and Proximus n.v. (director)Permanent representatives: Chariotte Willems, Tom Robberechts and 5 others · Resignations: Veritas n.v. (director) and Yves Rocher Belgique n.v. (director) · Name change16 facts ▸
State Gazette act
Appointments: Cantata b.v.b.a. (director) and Proximus n.v. (director)
Permanent representatives: Chariotte Willems, Tom Robberechts and 5 others · Resignations: Veritas n.v. (director) and Yves Rocher Belgique n.v. (director) · Name change16 facts ▸
- General meeting, 26-03-2026
- Name change, Wijnegem Shopping Center
- Director appointment, Cantata b.v.b.a. (director)
- Permanent representative, Chariotte Willems (permanent representative)
- Director appointment, Proximus n.v. (director)
- Permanent representative, Tom Robberechts (permanent representative)
- Director resignation, Veritas n.v. (director)
- Permanent representative, Marfa Duerinck (permanent representative)
- Director resignation, Yves Rocher Belgique n.v. (director)
- Permanent representative, Els Van Genechten (permanent representative)
- Director in office, Frajo's b.v. (director)
- Permanent representative, Titia Fluit (permanent representative)
- +4 further facts in this act
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 153 days late
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 518 days late
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 460 days late
2021
31-12
Financial
Weakest financial yearnet €-133k
Net result drops to €-133k, the lowest in the series; recovery starts the following year.
2020
31-12
Financial
Highest result since 2018net €237k ▲642%
Operating result €240k, net result €237k, both a record.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
31-12
Financial
Equity above €200kEq €220k ▲17%
2 profitable years in a row build equity to €220k.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
24-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 420 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Cantata
CurrentDirector · since 26-03-2026 · Public limited company
PROXIMUS
CurrentDirector · since 26-03-2026 · Naamloze vennootschap van publiek recht · perm. rep.: Tom Robberechts
24-09-2026
VERITAS: Resigned as Director
24-09-2026
Yves Rocher Belgique: Resigned as Director
26-03-2026
Cantata: Appointed as Director
26-03-2026
PROXIMUS: Appointed as Director
Not every act has been read: a resignation may be missing here
10 of this company's 11 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, Wijnegem
Ground area
5.6 ha
Building footprint
4.9 ha
Volume, LiDAR
508,764 m³
Parcel 11050B0010/00E002, Flanders · tallest building 27.4 m, ±4 floors. Linked by address, not a title deed.
212
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0010/00E002 | Flanders | 5.6 ha | 1 · 4.9 ha | 27.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared corporate director
→
Shared corporate director
→
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Of 4,571 companies in sector 82300 we hold annual accounts for 1,672. 1,240 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded24-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.