Summary
WPEF VII Holdco II BE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €13.19M and a net result of €6.52M. Equity is shrinking by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 41% of 2399 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 05-06-2026, 56 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
56 d early
2024
45 d early
2023
44 d late
2022
37 d early
2021
5 d early
2020
1 d early
← 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, full schema, statutory accounts
Equity
€13.19M▼ 11.2%
2022 · €14.86M
2019: €32.04Mhighest value
2020: €31.73M▼ -1.0% vs 2019
2021: €22.61M▼ -28.7% vs 2020
2022: €14.86M▼ -34.3% vs 2021
2025: €13.19Mlowest value
2019 → 2025
Net result
€6.52M
2022 · €-7.75M
2019: €16.04Mhighest value
2020: €-314k▼ -102% vs 2019
2021: €-9.12M▼ -2802% vs 2020lowest value
2022: €-7.75M▲ +15.0% vs 2021
2025: €6.52M
2019 → 2025
Total assets
€26.21M▼ 2.1%
2022 · €26.78M
2019: €50.39Mhighest value
2020: €47.30M▼ -6.1% vs 2019
2021: €36.34M▼ -23.2% vs 2020
2022: €26.78M▼ -26.3% vs 2021
2025: €26.21Mlowest value
2019 → 2025
Solvency
50.3%▼ 5.2pp
2022 · 55.5%
2019: 63.6%
2020: 67.1%▲ +5.5% vs 2019highest value
2021: 62.2%▼ -7.3% vs 2020
2022: 55.5%▼ -10.8% vs 2021
2025: 50.3%lowest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222025Trend
Turnover€646k€861k▲ 33.2%€1.04M▲ 20.8%€485k▼ 53.3%
2020: €646k
2021: €861k▲ +33.2% vs 2020
2022: €1.04M▲ +20.8% vs 2021highest value
2025: €485klowest value
Equity€32.04M-€31.73M▼ 1.0%€22.61M▼ 28.7%€14.86M▼ 34.3%€13.19M▼ 11.2%
2019: €32.04Mhighest value
2020: €31.73M▼ -1.0% vs 2019
2021: €22.61M▼ -28.7% vs 2020
2022: €14.86M▼ -34.3% vs 2021
2025: €13.19Mlowest value
Operating result€-298k-€68k€313k▲ 361%€343k▲ 9.7%€469k▲ 36.5%
2019: €-298klowest value
2020: €68k▲ +123% vs 2019
2021: €313k▲ +361% vs 2020
2022: €343k▲ +9.7% vs 2021
2025: €469khighest value
Net result€16.04M-€-314k€-9.12M▼ 2,802%€-7.75M▲ 15.0%€6.52M
2019: €16.04Mhighest value
2020: €-314k▼ -102% vs 2019
2021: €-9.12M▼ -2802% vs 2020lowest value
2022: €-7.75M▲ +15.0% vs 2021
2025: €6.52M
Result per fiscal year
Operating resultNet result
The operating result is €469k in 2025, compared with €343k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2022 as the grey bar beneath
Assets €26.21M
Fixed assets
€25.41M ▲ 0.5%
Current assets
€803k ▼ 46.6%
Equity and liabilities €26.21M
Equity
€13.19M ▼ 11.2%
Debt
€13.02M ▲ 9.2%
Debt's share of the balance-sheet total rises from 44.5% to 49.7%. Equity is lower and debt is higher.
Key figures and ratios
ROE
49.4%▲
2022 · -52.1%
ROA
24.9%▲
2022 · -28.9%
Debt ≤ 1 year
€2.72M▲
2022 · €1.95M
Debt > 1 year
€10.18M▲
2022 · €9.84M
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 2022 · 67 lines
Balance sheet
Code20222025
Assets
Total assets20/58€26.78M€26.21M▼
Fixed assets21/28€25.28M€25.41M▲
Tangible fixed assets22/27€1k€0▼
Furniture and vehicles24€1k€0▼
Financial fixed assets28€25.28M€25.41M▲
Affiliated companies280/1€25.28M€25.41M▲
Participating interests280€25.28M€25.28M=
Amounts receivable281-€126k
Current assets29/58€1.50M€803k▼
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€999k€751k▼
Trade receivables40€173k€751k▲
Other amounts receivable41€826k-
Cash at bank and in hand54/58€504k€52k▼
Deferred charges and accrued income490/1-€463
Equity and liabilities
Total equity and liabilities10/49€26.78M€26.21M▼
Equity10/15€14.86M€13.19M▼
Contributions10/11€16.00M€7.87M▼
Capital10€16.00M€7.87M▼
Issued capital100€16.00M€7.87M▼
Reserves13€802k€802k=
Non-distributable reserves130/1€802k€802k=
Legal reserve130€802k€802k=
Profit (loss) carried forward14€-1.94M€4.52M▲
Amounts payable17/49€11.92M€13.02M▲
Amounts payable after more than one year17€9.84M€10.18M▲
Financial debts170/4€9.84M€9.18M▼
Credit institutions173€9.84M€9.18M▼
Other amounts payable178/9-€996k
Amounts payable within one year42/48€1.95M€2.72M▲
Current portion of amounts payable after more than one year42€1.83M€680k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€114k€36k▼
Suppliers440/4€114k€36k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48-€2.00M
Accrued charges and deferred income492/3€134k€126k▼
Income statement
Code20222025
Operating income70/76A€1.04M€935k▼
Turnover70€1.04M€485k▼
Other operating income74€1k€450k▲
Operating charges60/66A€698k€466k▼
Goods for resale, raw materials and consumables60-€2k
Purchases600/8-€2k
Services and other goods61€695k€416k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€850€186▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€582€46k▲
Operating profit (loss)9901€343k€469k▲
Financial income75/76B€1.20M€6.68M▲
Recurring financial income75€1.20M€6.68M▲
Income from financial fixed assets750€1.20M€6.67M▲
Income from current assets751-€0
Other financial income752/9€0€8k▲
Financial charges65/66B€9.29M€633k▼
Recurring financial charges65€342k€633k▲
Debt charges650€334k€614k▲
Other financial charges652/9€8k€19k▲
Non-recurring financial charges66B€8.95M-
Profit (loss) for the period before taxes9903€-7.75M€6.52M▲
Profit (loss) for the period9904€-7.75M€6.52M▲
Profit (loss) for the period to be appropriated9905€-7.75M€6.52M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.94M€6.52M▲
Profit (loss) brought forward from the previous period14P€5.81M€0▼
Profit to be distributed694/7-€2.00M
Directors or managers695-€2.00M
The notes to these accounts (58 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €864k | €1.04M | €935k | - |
| Turnover70 | - | €646k | €861k | €1.04M | €485k | - |
| Other operating income74 | - | - | €3k | €1k | €450k | - |
| Operating charges60/66A | - | - | €551k | €698k | €466k | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €2k | - |
| Purchases600/8 | - | - | - | - | €2k | - |
| Services and other goods61 | - | - | €549k | €695k | €416k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €161 | €1k | €998 | €850 | €186 | - |
| Other operating charges640/8 | - | - | €1k | €1k | €2k | - |
| Non-recurring operating charges66A | - | - | - | €582 | €46k | - |
| Gross operating margin9900 | €-298k | - | - | - | - | - |
| Operating profit (loss)9901 | €-298k | €68k | €313k | €343k | €469k | - |
| Financial income75/76B | - | - | €1.90M | €1.20M | €6.68M | - |
| Recurring financial income75 | €16.77M | - | €1.90M | €1.20M | €6.68M | - |
| Income from financial fixed assets750 | - | - | €1.90M | €1.20M | €6.67M | - |
| Income from current assets751 | - | - | - | - | €0 | - |
| Other financial income752/9 | - | - | €0 | €0 | €8k | - |
| Financial charges65/66B | - | - | €11.33M | €9.29M | €633k | - |
| Recurring financial charges65 | €432k | €382k | €333k | €342k | €633k | - |
| Debt charges650 | - | €382k | €325k | €334k | €614k | - |
| Other financial charges652/9 | - | - | €8k | €8k | €19k | - |
| Non-recurring financial charges66B | - | - | €11.00M | €8.95M | - | - |
| Profit (loss) for the period before taxes9903 | €16.04M | €-314k | €-9.12M | €-7.75M | €6.52M | - |
| Profit (loss) for the period9904 | €16.04M | €-314k | €-9.12M | €-7.75M | €6.52M | - |
| Profit (loss) for the period to be appropriated9905 | €16.04M | €-314k | €-9.12M | €-7.75M | €6.52M | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50.39M | €47.30M | €36.34M | €26.78M | €26.21M | - |
| Fixed assets21/28 | €44.86M | €44.86M | €33.86M | €25.28M | €25.41M | - |
| Tangible fixed assets22/27 | €3k | €3k | €2k | €1k | €0 | - |
| Furniture and vehicles24 | - | - | €2k | €1k | €0 | - |
| Financial fixed assets28 | €44.86M | €44.86M | €33.86M | €25.28M | €25.41M | - |
| Affiliated companies280/1 | - | - | €33.86M | €25.28M | €25.41M | - |
| Participating interests280 | - | - | €33.86M | €25.28M | €25.28M | - |
| Amounts receivable281 | - | - | - | - | €126k | - |
| Current assets29/58 | €5.53M | €2.44M | €2.49M | €1.50M | €803k | - |
| Stocks and contracts in progress3 | - | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €5.09M | €1.51M | €1.90M | €999k | €751k | - |
| Trade receivables40 | - | - | - | €173k | €751k | - |
| Other amounts receivable41 | - | - | €1.90M | €826k | - | - |
| Cash at bank and in hand54/58 | €433k | €937k | €586k | €504k | €52k | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €463 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50.39M | €47.30M | €36.34M | €26.78M | €26.21M | - |
| Equity10/15 | €32.04M | €31.73M | €22.61M | €14.86M | €13.19M | - |
| Contributions10/11 | €16.00M | €16.00M | €16.00M | €16.00M | €7.87M | - |
| Capital10 | - | - | €16.00M | €16.00M | €7.87M | - |
| Issued capital100 | - | - | €16.00M | €16.00M | €7.87M | - |
| Reserves13 | €802k | €802k | €802k | €802k | €802k | - |
| Non-distributable reserves130/1 | - | - | €802k | €802k | €802k | - |
| Legal reserve130 | - | - | €802k | €802k | €802k | - |
| Profit (loss) carried forward14 | €15.24M | €14.93M | €5.81M | €-1.94M | €4.52M | - |
| Amounts payable17/49 | €18.34M | €15.58M | €13.74M | €11.92M | €13.02M | - |
| Amounts payable after more than one year17 | €15.34M | €13.51M | €11.67M | €9.84M | €10.18M | - |
| Financial debts170/4 | - | - | €11.67M | €9.84M | €9.18M | - |
| Credit institutions173 | - | - | €11.67M | €9.84M | €9.18M | - |
| Other amounts payable178/9 | - | - | - | - | €996k | - |
| Amounts payable within one year42/48 | €2.80M | €1.90M | €1.95M | €1.95M | €2.72M | - |
| Current portion of amounts payable after more than one year42 | - | - | €1.83M | €1.83M | €680k | - |
| Financial debts43 | - | - | - | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - |
| Trade debts44 | €89k | €66k | €110k | €114k | €36k | - |
| Suppliers440/4 | - | - | €110k | €114k | €36k | - |
| Taxes, remuneration and social security45 | - | - | €10k | €4k | €2k | - |
| Taxes450/3 | - | - | €10k | €4k | €2k | - |
| Other amounts payable47/48 | - | - | - | - | €2.00M | - |
| Accrued charges and deferred income492/3 | - | - | €109k | €134k | €126k | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16.04M | €-314k | €-9.12M | €-7.75M | €6.52M | - |
| + Depreciation and write-downs630 | €161 | €1k | €998 | €850 | €186 | - |
| Operating cash flow (approximation) | €16.04M | €-313k | €-9.12M | €-7.75M | €6.52M | - |
| Investment in fixed assets (approximation) | - | €-2k | €11.00M | €8.58M | - | - |
| Change in cash | - | €504k | €-351k | €-81k | - | - |
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
18-06
State Gazette act
Demerger · Share issue
Accounting effect · Net-asset statement
18-06
State Gazette act
Demerger · Share issue
Accounting effect · Net-asset statement
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €6.52M
Net result €6.52M after 3 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated · 44 days late
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 44 days late
2023
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2021
31-12
Financial
Weakest financial yearnet €-9.12M
Net result drops to €-9.12M, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Olen · 1 establishment unit since 2019
Ground area
4,849 m²
Building footprint
1,784 m²
Volume, LiDAR
10,286 m³
Parcel 13029E0515/00D000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Lammerdries-Oost 27, 2250 Olen
since 20192.362.656.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029E0515/00D000 | Flanders | 4,849 m² | 1 · 1,784 m² | 10.0 m · 2 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
Ownership & control
1 subsidiaryWPEF VII Holdco II BEBE 0725.600.877
controls
Where this company holds controlsubsidiary per the LEI register1
Oostkamp
Recognitions · licences · registrations
Legal Entity Identifier
894500ZFCTKCO3R88I57
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Of 807 companies in sector 64999 we hold annual accounts for 484. 95 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64999Other financial services
Scores and ratios are computed by Checked and are not a credit decision.