Het Werft
ActiveSummary
Het Werft has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €89,417 and a net result of €30,794. Equity is growing by ~62.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 1470 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▼-1
Solvency62▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.46 against 1.54 in 2023; short-term debt: 18.1% and cash: 9.6% of total assets), but 63.5% of the assets are financed with debt.
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Signals
Three 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 75
Relative position
BE, all sectors
reference
Veterinary activities (NACE 75)
about 90% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.5%
Return on assets
12.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
85 d late
2022
14 d late
2021
11 d late
2020
19 d late
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 43 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€89,417▲ 38.4%
2023 · €64,623
Total assets
€244,721▼ 4.1%
2023 · €255,192
Net result
€30,794▼ 9.1%
2023 · €33,864
Working capital
€64,724▲ 79.4%
2023 · €36,073
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 75, Veterinary activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€21,538▲ 164%€27,303▲ 26.8%€20,828▼ 23.7%€46,246▲ 122%€41,520▼ 10.2%
Net result€16,484within the sector's middle half▲ 469%€20,986within the sector's middle half▲ 27.3%€11,992within the sector's middle half▼ 42.9%€33,864within the sector's middle half▲ 182%€30,794within the sector's middle half▼ 9.1%
Equity€7,780below the sector's middle half€28,766below the sector's middle half▲ 270%€40,758within the sector's middle half▲ 41.7%€64,623within the sector's middle half▲ 58.6%€89,417within the sector's middle half▲ 38.4%
Total assets€212,507within the sector's middle half▲ 1.2%€205,813within the sector's middle half▼ 3.2%€220,796within the sector's middle half▲ 7.3%€255,192within the sector's middle half▲ 15.6%€244,721within the sector's middle half▼ 4.1%
Debt€204,728▼ 6.3%€177,047▼ 13.5%€180,038▲ 1.7%€190,569▲ 5.8%€155,304▼ 18.5%
Working capital-€12,171below the sector's middle half▲ 36.1%€15,519within the sector's middle half€16,935within the sector's middle half▲ 9.1%€36,073within the sector's middle half▲ 113%€64,724within the sector's middle half▲ 79.4%
Solvency3.7%below the sector's middle half▲ 7.8pp14.0%below the sector's middle half▲ 10.3pp18.5%below the sector's middle half▲ 4.5pp25.3%below the sector's middle half▲ 6.9pp36.5%within the sector's middle half▲ 11.2pp
Current ratio0.68below the sector's middle half▲ 0.231.59within the sector's middle half▲ 0.911.48within the sector's middle half▼ 0.111.54within the sector's middle half▲ 0.072.46within the sector's middle half▲ 0.92
Return on assets (ROA)7.8%within the sector's middle half▲ 6.4pp10.2%within the sector's middle half▲ 2.4pp5.4%within the sector's middle half▼ 4.8pp13.3%within the sector's middle half▲ 7.8pp12.6%within the sector's middle half▼ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 75, Veterinary activities, each year against the same schema; no band under 30 filings.
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 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €244,721
Fixed assets
€135,695 ▼ 11.3%
Current assets
€109,026 ▲ 6.6%
Equity and liabilities €244,721
Equity
€89,417 ▲ 38.4%
Debt
€155,304 ▼ 18.5%
Debt's share of the balance-sheet total falls from 74.7% to 63.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€60,553▼
2023 · €65,556
Cash flow
€49,827▼
2023 · €53,174
Quick ratio
1.89▲
2023 · 1.11
Debt to equity
1.74▼
2023 · 2.95
ROE
34.4%▼
2023 · 52.4%
Interest coverage
17.36▲
2023 · 14.60
Debt ≤ 1 year
€44,302▼
2023 · €66,201
Debt > 1 year
€111,002▼
2023 · €124,368
Income taxes
€7,238▼
2023 · €7,893
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,726 | €24,201 | €23,996 | €19,310 | €19,033 | ▼ 1.4% |
| Other operating charges640/8 | - | €1,160 | €1,870 | €1,521 | €1,799 | ▲ 18.3% |
| Gross operating margin9900 | €45,486 | €52,665 | €46,694 | €67,077 | €62,352 | ▼ 7.0% |
| Operating profit (loss)9901 | €21,538 | €27,303 | €20,828 | €46,246 | €41,520 | ▼ 10.2% |
| Financial income75/76B | - | €55 | €1 | €0 | €0 | ▼ 83.3% |
| Recurring financial income75 | €4 | €55 | €1 | €0 | €0 | ▼ 83.3% |
| Financial charges65/66B | - | €4,824 | €4,613 | €4,489 | €3,489 | ▼ 22.3% |
| Recurring financial charges65 | €4,950 | €4,824 | €4,613 | €4,489 | €3,489 | ▼ 22.3% |
| Profit (loss) for the period before taxes9903 | €16,593 | €22,534 | €16,216 | €41,757 | €38,031 | ▼ 8.9% |
| Income taxes67/77 | €109 | €1,547 | €4,224 | €7,893 | €7,238 | ▼ 8.3% |
| Profit (loss) for the period9904 | €16,484 | €20,986 | €11,992 | €33,864 | €30,794 | ▼ 9.1% |
| Profit (loss) for the period to be appropriated9905 | €16,484 | €20,986 | €11,992 | €33,864 | €30,794 | ▼ 9.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €212,507 | €205,813 | €220,796 | €255,192 | €244,721 | ▼ 4.1% |
| Fixed assets21/28 | €186,718 | €163,879 | €168,310 | €152,918 | €135,695 | ▼ 11.3% |
| Tangible fixed assets22/27 | €186,718 | €163,879 | €168,310 | €152,918 | €135,695 | ▼ 11.3% |
| Land and buildings22 | - | €132,609 | €123,750 | €115,500 | €107,250 | ▼ 7.1% |
| Plant, machinery and equipment23 | - | €30,339 | €24,635 | €23,860 | €19,557 | ▼ 18.0% |
| Furniture and vehicles24 | - | €931 | €19,925 | €13,558 | €8,888 | ▼ 34.4% |
| Current assets29/58 | €25,790 | €41,934 | €52,486 | €102,273 | €109,026 | ▲ 6.6% |
| Stocks and contracts in progress3 | €10,521 | €14,887 | €20,658 | €28,803 | €25,112 | ▼ 12.8% |
| Stocks30/36 | - | €14,887 | €20,658 | €28,803 | €25,112 | ▼ 12.8% |
| Amounts receivable within one year40/41 | €1,476 | €1,222 | €1,447 | €16,988 | €9,611 | ▼ 43.4% |
| Trade receivables40 | - | €1,190 | €1,432 | €16,972 | €4,816 | ▼ 71.6% |
| Other amounts receivable41 | - | €32 | €16 | €16 | €4,795 | ▲ 30,560% |
| Current investments50/53 | - | - | - | - | €50,000 | - |
| Cash at bank and in hand54/58 | €13,793 | €25,825 | €30,381 | €56,483 | €23,423 | ▼ 58.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €879 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €212,507 | €205,813 | €220,796 | €255,192 | €244,721 | ▼ 4.1% |
| Equity10/15 | €7,780 | €28,766 | €40,758 | €64,623 | €89,417 | ▲ 38.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €10,166 | €22,158 | €46,023 | €70,817 | ▲ 53.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €10,166 | €22,158 | €44,163 | €68,957 | ▲ 56.1% |
| Profit (loss) carried forward14 | -€10,820 | €0 | - | €0 | €0 | - |
| Amounts payable17/49 | €204,728 | €177,047 | €180,038 | €190,569 | €155,304 | ▼ 18.5% |
| Amounts payable after more than one year17 | €166,766 | €149,418 | €144,487 | €124,368 | €111,002 | ▼ 10.7% |
| Financial debts170/4 | - | €149,418 | €144,487 | €124,368 | €111,002 | ▼ 10.7% |
| Amounts payable within one year42/48 | €37,961 | €26,415 | €35,551 | €66,201 | €44,302 | ▼ 33.1% |
| Current portion of amounts payable after more than one year42 | - | €17,349 | €23,230 | €20,118 | €13,366 | ▼ 33.6% |
| Trade debts44 | €8,385 | €1,743 | €5,357 | €24,412 | €12,368 | ▼ 49.3% |
| Suppliers440/4 | - | €1,743 | €5,357 | €24,412 | €12,368 | ▼ 49.3% |
| Taxes, remuneration and social security45 | - | €4,860 | €4,630 | €7,995 | €5,568 | ▼ 30.4% |
| Taxes450/3 | - | €4,860 | €4,630 | €7,995 | €5,568 | ▼ 30.4% |
| Other amounts payable47/48 | - | €2,463 | €2,334 | €13,675 | €13,000 | ▼ 4.9% |
| Accrued charges and deferred income492/3 | - | €1,214 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,484 | €20,986 | €11,992 | €33,864 | €30,794 | ▼ 9.1% |
| + Depreciation and write-downs630 | €22,726 | €24,201 | €23,996 | €19,310 | €19,033 | ▼ 1.4% |
| Operating cash flow (approximation) | €39,210 | €45,187 | €35,988 | €53,174 | €49,827 | ▼ 6.3% |
| Investment in fixed assets (approximation) | - | -€1,362 | -€28,427 | -€3,918 | -€1,809 | ▲ 53.8% |
| Change in cash | - | €12,032 | €4,556 | €26,102 | -€33,060 | ▼ 227% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
2023
31-12
Financial
Highest result since 2018net €33,864 ▲182%
Operating result €46,246, net result €33,864, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 1.59
Current ratio from 0.68 to 1.59; short-term debt falls from €37,961 to €26,415.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial
Back to profitnet €2,896
Net result €2,896 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Heist-op-den-Berg · 1 establishment unit since 2017
Ground area
1,352 m²
Building footprint
246 m²
Volume, LiDAR
748 m³
Parcel 12322I0117/00B000, Flanders · tallest building 4.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HET WERFT
since 20172.265.661.464
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I0117/00B000 | Flanders | 1,352 m² | 1 · 246 m² | 4.4 m · 1 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.
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Of 6,090 companies in sector 75000 we hold annual accounts for 1,952. 1,722 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 (pre-2019)
Founded02-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Contact
E-mail
INFO@HETWERFT.BEHeist-op-den-Berg
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676518283
Also
9925:BE0676518283
Registered
18-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.