BV Wetz AP
ActiveSummary
BV Wetz AP has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €739k and a net result of €367k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 19913 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency98▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.67 against 2.07 in 2023; short-term debt: 26.9% and cash: 4.3% of total assets), and 27% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
73%
Return on assets
36.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
13 d early
2022
34 d early
2021
44 d early
2020
80 d early
2019
41 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€739k▲ 20.6%
2023 · €613k
2018: €384klowest in 7 years
2019: €596k▲ +55.4% vs 2018
2020: €596k● +0.0% vs 2019
2021: €640k▲ +7.3% vs 2020
2022: €828k▲ +29.4% vs 2021highest in 7 years
2023: €613k▼ -26.0% vs 2022
2024: €739k▲ +20.6% vs 2023
2018 → 2024
Total assets
€1.01M▼ 12.4%
2023 · €1.15M
2018: €657k
2019: €628k▼ -4.3% vs 2018lowest in 7 years
2020: €907k▲ +44.3% vs 2019
2021: €978k▲ +7.8% vs 2020
2022: €1.01M▲ +2.9% vs 2021
2023: €1.15M▲ +14.8% vs 2022highest in 7 years
2024: €1.01M▼ -12.4% vs 2023
2018 → 2024
Net result
€367k▼ 0.8%
2023 · €370k
2018: €141klowest in 7 years
2019: €213k▲ +50.8% vs 2018
2020: €278k▲ +30.7% vs 2019
2021: €310k▲ +11.6% vs 2020
2022: €271k▼ -12.6% vs 2021
2023: €370k▲ +36.4% vs 2022highest in 7 years
2024: €367k▼ -0.8% vs 2023
2018 → 2024
Working capital
€725k▲ 24.7%
2023 · €582k
2018: €384klowest in 7 years
2019: €593k▲ +54.3% vs 2018
2020: €526k▼ -11.4% vs 2019
2021: €581k▲ +10.5% vs 2020
2022: €783k▲ +34.8% vs 2021highest in 7 years
2023: €582k▼ -25.7% vs 2022
2024: €725k▲ +24.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€596k-€640k▲ 7.3%€828k▲ 29.4%€613k▼ 26.0%€739k▲ 20.6%
2020: €596klowest in 5 years
2021: €640k▲ +7.3% vs 2020
2022: €828k▲ +29.4% vs 2021highest in 5 years
2023: €613k▼ -26.0% vs 2022
2024: €739k▲ +20.6% vs 2023
Operating result€361k-€405k▲ 12.4%€389k▼ 4.1%€482k▲ 24.0%€465k▼ 3.6%
2020: €361klowest in 5 years
2021: €405k▲ +12.4% vs 2020
2022: €389k▼ -4.1% vs 2021
2023: €482k▲ +24.0% vs 2022highest in 5 years
2024: €465k▼ -3.6% vs 2023
Net result€278k-€310k▲ 11.6%€271k▼ 12.6%€370k▲ 36.4%€367k▼ 0.8%
2020: €278k
2021: €310k▲ +11.6% vs 2020
2022: €271k▼ -12.6% vs 2021lowest in 5 years
2023: €370k▲ +36.4% vs 2022highest in 5 years
2024: €367k▼ -0.8% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets
€15k ▼ 53.8%
Current assets
€997k ▼ 11.2%
Equity and liabilities €1.01M
Equity
€739k ▲ 20.6%
Debt
€273k ▼ 49.6%
Debt's share of the balance-sheet total falls from 46.9% to 27.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€482k▼
2023 · €499k
Cash flow
€384k▼
2023 · €387k
Current ratio
3.67▲
2023 · 2.07
Debt to equity
0.37▼
2023 · 0.88
ROE
49.7%▼
2023 · 60.4%
ROA
36.2%▲
2023 · 32.0%
Interest coverage
260.52▲
2023 · 46.76
Debt ≤ 1 year
€272k▼
2023 · €541k
Income taxes
€114k▼
2023 · €116k
Staff costs
€15k▼
2023 · €19k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.15M€1.01M▼
Fixed assets21/28€32k€15k▼
Tangible fixed assets22/27€32k€15k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€30k€13k▼
Current assets29/58€1.12M€997k▼
Amounts receivable after more than one year29-€177k
Other amounts receivable291-€177k
Amounts receivable within one year40/41€236k€94▼
Trade receivables40€236k€94▼
Current investments50/53€574k€551k▼
Cash at bank and in hand54/58€311k€43k▼
Deferred charges and accrued income490/1€1k€227k▲
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.01M▼
Equity10/15€613k€739k▲
Contributions10/11€19k€19k=
Reserves13€594k€720k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€126k€253k▲
Distributable reserves133€466k€468k▲
Amounts payable17/49€542k€273k▼
Amounts payable within one year42/48€541k€272k▼
Trade debts44€2k€58▼
Suppliers440/4€2k€58▼
Taxes, remuneration and social security45€58k€17k▼
Taxes450/3€50k€15k▼
Remuneration and social security454/9€7k€2k▼
Other amounts payable47/48€482k€255k▼
Accrued charges and deferred income492/3€935€1k▲
Income statement
Code20232024
Remuneration, social security and pensions62€19k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€521k€499k▼
Operating profit (loss)9901€482k€465k▼
Financial income75/76B€15k€18k▲
Recurring financial income75€15k€18k▲
Financial charges65/66B€11k€2k▼
Recurring financial charges65€11k€2k▼
Profit (loss) for the period before taxes9903€486k€481k▼
Income taxes67/77€116k€114k▼
Profit (loss) for the period9904€370k€367k▼
Transfer from tax-exempt reserves789€220k-
Transfer to tax-exempt reserves689€126k€126k=
Profit (loss) for the period to be appropriated9905€464k€241k▼
Appropriation of the result
Profit (loss) to be appropriated9906€465k€241k▼
Profit (loss) brought forward from the previous period14P€1k-
Transfer from equity791/2€120k-
Profit to be distributed694/7€585k€241k▼
Return on contributions (dividend)694€585k€241k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €11k | €11k | €19k | €15k | ▼ 22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €16k | €16k | €17k | €17k | ▲ 1.5% |
| Other operating charges640/8 | - | €854 | €2k | €2k | €2k | ▼ 16.7% |
| Gross operating margin9900 | €380k | €433k | €418k | €521k | €499k | ▼ 4.2% |
| Operating profit (loss)9901 | €361k | €405k | €389k | €482k | €465k | ▼ 3.6% |
| Financial income75/76B | - | €3k | €0 | €15k | €18k | ▲ 24.8% |
| Recurring financial income75 | €10k | €3k | €0 | €15k | €18k | ▲ 24.8% |
| Financial charges65/66B | - | €611 | €855 | €11k | €2k | ▼ 82.7% |
| Recurring financial charges65 | €481 | €611 | €855 | €11k | €2k | ▼ 82.7% |
| Profit (loss) for the period before taxes9903 | €370k | €407k | €388k | €486k | €481k | ▼ 1.0% |
| Income taxes67/77 | €93k | €97k | €117k | €116k | €114k | ▼ 1.5% |
| Profit (loss) for the period9904 | €278k | €310k | €271k | €370k | €367k | ▼ 0.8% |
| Transfer from tax-exempt reserves789 | - | - | - | €220k | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €126k | €126k | = |
| Profit (loss) for the period to be appropriated9905 | €278k | €310k | €271k | €464k | €241k | ▼ 48.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €907k | €978k | €1.01M | €1.15M | €1.01M | ▼ 12.4% |
| Fixed assets21/28 | €71k | €59k | €45k | €32k | €15k | ▼ 53.8% |
| Tangible fixed assets22/27 | €71k | €59k | €45k | €32k | €15k | ▼ 53.8% |
| Plant, machinery and equipment23 | - | - | €2k | €2k | €1k | ▼ 25.4% |
| Furniture and vehicles24 | - | €59k | €43k | €30k | €13k | ▼ 55.5% |
| Current assets29/58 | €836k | €919k | €961k | €1.12M | €997k | ▼ 11.2% |
| Amounts receivable after more than one year29 | - | - | - | - | €177k | - |
| Other amounts receivable291 | - | - | - | - | €177k | - |
| Amounts receivable within one year40/41 | €270k | €195k | €209k | €236k | €94 | ▼ 100.0% |
| Trade receivables40 | - | €195k | €209k | €236k | €94 | ▼ 100.0% |
| Current investments50/53 | €459k | €439k | €420k | €574k | €551k | ▼ 4.1% |
| Cash at bank and in hand54/58 | €105k | €282k | €329k | €311k | €43k | ▼ 86.0% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €1k | €227k | ▲ 16,089% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €907k | €978k | €1.01M | €1.15M | €1.01M | ▼ 12.4% |
| Equity10/15 | €596k | €640k | €828k | €613k | €739k | ▲ 20.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €584k | €620k | €808k | €594k | €720k | ▲ 21.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Tax-exempt reserves132 | - | €220k | €220k | €126k | €253k | ▲ 100% |
| Distributable reserves133 | - | €398k | €586k | €466k | €468k | ▲ 0.4% |
| Profit (loss) carried forward14 | €25 | €1k | €1k | - | - | - |
| Amounts payable17/49 | €310k | €338k | €178k | €542k | €273k | ▼ 49.6% |
| Amounts payable within one year42/48 | €310k | €338k | €178k | €541k | €272k | ▼ 49.7% |
| Trade debts44 | €205 | €1k | €11k | €2k | €58 | ▼ 96.9% |
| Suppliers440/4 | - | €1k | €11k | €2k | €58 | ▼ 96.9% |
| Taxes, remuneration and social security45 | - | €56k | €66k | €58k | €17k | ▼ 70.3% |
| Taxes450/3 | - | €54k | €64k | €50k | €15k | ▼ 70.8% |
| Remuneration and social security454/9 | - | €2k | €2k | €7k | €2k | ▼ 66.5% |
| Other amounts payable47/48 | - | €281k | €101k | €482k | €255k | ▼ 47.1% |
| Accrued charges and deferred income492/3 | - | - | - | €935 | €1k | ▲ 27.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €278k | €310k | €271k | €370k | €367k | ▼ 0.8% |
| + Depreciation and write-downs630 | €6k | €16k | €16k | €17k | €17k | ▲ 1.5% |
| Operating cash flow (approximation) | €284k | €326k | €287k | €387k | €384k | ▼ 0.7% |
| Investment in fixed assets (approximation) | - | €-4k | €-2k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €177k | €47k | €-18k | €-267k | ▼ 1,402% |
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
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €370k ▲36.4%
Operating result €482k, net result €370k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
31-12
Financial
Liquidity times 8current ratio 19.53
Current ratio from 2.41 to 19.53; short-term debt falls from €272k to €32k.
31-12
Financial
Equity above €500kEq €596k ▲55.4%
2 profitable years in a row build equity to €596k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hamme (Vl.) · 1 establishment unit since 2015
Ground area
9.9 ha
Building footprint
1.5 ha
Volume, LiDAR
793 m³
2 parcels, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kroonveldlaan 50, 9200 Dendermonde
since 20152.249.236.889
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0127/00C000 | Flanders | 9.7 ha | 1 · 1.5 ha | - |
| 42452C1240/00C000 | Flanders | 1,921 m² | 1 · 172 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
5493005JUT5T42TPXU60
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Of 16,625 companies in sector 86220 we hold annual accounts for 7,979. 6,106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-12-2015
Fiscal year end31-12
Abbreviation NL
PathKW
Activities, NACEBEL 2025
86220Specialist medical practice
Scores and ratios are computed by Checked and are not a credit decision.