LayerWise
ActiveSummary
LayerWise has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27.6m) and a net result of -€13.1m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth28▼-8
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.0 against 1.93 in 2024; short-term debt: 34% and cash: 0.9% of total assets), but equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more 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
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 2025Solvency, return and age of the figures
Solvency
-59%
Return on assets
-28%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€27.6m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 · 10 filingsDeviation from the deadline
2025
53 d late
2024
84 d late
2023
30 d late
2022
135 d late
2021
107 d late
2020
2 d early
2019
94 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 23 October (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#3 employer in Flemish Brabant, Fabricated metal products sector#3 company by total assets in Flemish Brabant, Fabricated metal products sector
Turnover
€27.3m▼ 40.5%
2024 · €45.9m
EBIT margin
-35.4%▼ 17.2pp
2024 · -18.1%
Net result
-€13.1m▼ 30.1%
2024 · -€10.1m
Working capital
€15.9m▲ 7.8%
2024 · €14.8m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€58.3m▼ 9.6%€41.8m▼ 28.2%€48.4m▲ 15.8%€45.9m▼ 5.1%€27.3m▼ 40.5%
Operating result€3.8m▲ 248%-€6.7m-€6.4m▲ 3.5%-€8.3m▼ 29.6%-€9.7m▼ 16.1%
Net result€2.6mabove the sector's middle half▲ 635%-€7.1mbelow the sector's middle half-€6.9mbelow the sector's middle half▲ 3.1%-€10.1mbelow the sector's middle half▼ 45.7%-€13.1mbelow the sector's middle half▼ 30.1%
EBIT margin6.5%▲ 4.8pp-15.9%▼ 22.5pp-13.3%▲ 2.7pp-18.1%▼ 4.9pp-35.4%▼ 17.2pp
Equity€9.6mabove the sector's middle half▲ 34.4%€2.5mwithin the sector's middle half▼ 74.1%-€4.4mbelow the sector's middle half-€14.5mbelow the sector's middle half▼ 228%-€27.6mbelow the sector's middle half▼ 90.4%
Total assets€42.4mabove the sector's middle half▼ 33.2%€57.3mabove the sector's middle half▲ 35.3%€62.5mabove the sector's middle half▲ 9.1%€47.3mabove the sector's middle half▼ 24.4%€46.7mabove the sector's middle half▼ 1.1%
Debt€32.7m▼ 41.8%€54.6m▲ 66.8%€66.9m▲ 22.5%€61.7m▼ 7.7%€74.3m▲ 20.4%
Working capital€17.1mabove the sector's middle half▼ 54.3%€31.7mabove the sector's middle half▲ 85.8%€25.2mabove the sector's middle half▼ 20.5%€14.8mabove the sector's middle half▼ 41.5%€15.9mabove the sector's middle half▲ 7.8%
Solvency22.7%below the sector's middle half▲ 11.4pp4.3%below the sector's middle half▼ 18.3pp-7.1%below the sector's middle half▼ 11.4pp-30.6%below the sector's middle half▼ 23.6pp-59.0%below the sector's middle half▼ 28.3pp
Current ratio2.50above the sector's middle half▼ 1.644.06above the sector's middle half▲ 1.562.27within the sector's middle half▼ 1.791.93within the sector's middle half▼ 0.342.00within the sector's middle half▲ 0.07
Return on assets (ROA)6.2%within the sector's middle half▲ 5.7pp-12.4%below the sector's middle half▼ 18.7pp-11.0%below the sector's middle half▲ 1.4pp-21.3%below the sector's middle half▼ 10.2pp-28.0%below the sector's middle half▼ 6.7pp
Staff (FTE)172.6above the sector's middle half▲ 7.3%180.3above the sector's middle half▲ 4.5%183above the sector's middle half▲ 1.5%169above the sector's middle half▼ 7.7%170.4above the sector's middle half▲ 0.8%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Equity -90% on 2024. Merger absorbing Medical Precision Parts, effective 31-07-2025.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9.7m in 2025 against €8.3m in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46.7m
Fixed assets
€14.9m ▼ 10.8%
Current assets
€31.8m ▲ 4.2%
Key figures and ratios
EBITDA
-€4.2m▼
2024 · -€3.7m
Cash flow
-€7.6m▼
2024 · -€5.4m
Quick ratio
1.90▲
2024 · 1.80
Debt to equity
-2.70▲
2024 · -4.26
Interest coverage
-1.21▲
2024 · -2.90
Debt ≤ 1 year
€15.9m▲
2024 · €15.8m
Debt > 1 year
€58.3m▲
2024 · €45.2m
Income taxes
€28,319▲
2024 · €16,475
Staff costs
€15.6m▲
2024 · €15.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 255 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 84% are still going.
- Medium-sized
- negative equity
- a loss of 10% of the balance sheet or more
- without age
5.5%
went bankrupt
6.7%
stopped otherwise
84%
still going
A further 3.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 255 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €61.3m | €48.5m | €48.7m | €38.1m | €31.4m | ▼ 17.7% |
| Turnover70 | €58.3m | €41.8m | €48.4m | €45.9m | €27.3m | ▼ 40.5% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €111,031 | €3.0m | -€3.3m | -€10.7m | €182,722 | ▲ 102% |
| Other operating income74 | €3.0m | €3.4m | €3.5m | €2.8m | €3.8m | ▲ 35.8% |
| Non-recurring operating income76A | - | €233,407 | €178,000 | €0 | €7,508 | - |
| Operating charges60/66A | €57.5m | €55.2m | €55.2m | €46.4m | €41.0m | ▼ 11.6% |
| Goods for resale, raw materials and consumables60 | €29.7m | €24.3m | €23.1m | €14.9m | €8.8m | ▼ 41.2% |
| Purchases600/8 | €30.1m | €24.3m | €23.9m | €13.6m | €8.3m | ▼ 39.1% |
| Change in stocks: decrease (increase)609 | -€406,563 | €27,005 | -€816,093 | €1.3m | €479,614 | ▼ 63.0% |
| Services and other goods61 | €9.7m | €10.0m | €10.3m | €12.3m | €10.6m | ▼ 14.0% |
| Remuneration, social security and pensions62 | €13.8m | €16.0m | €16.5m | €15.4m | €15.6m | ▲ 1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4.4m | €4.4m | €4.7m | €4.7m | €5.5m | ▲ 16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€2,978 | €140,815 | €226,415 | -€1.0m | €218,877 | ▲ 121% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €0 | €191,904 | -€164,980 | -€12,448 | -€40,294 | ▼ 224% |
| Other operating charges640/8 | €6,515 | €4,930 | €13,492 | €85,737 | €130,721 | ▲ 52.5% |
| Non-recurring operating charges66A | €0 | €263,837 | €576,914 | €18,888 | €272,433 | ▲ 1,342% |
| Operating profit (loss)9901 | €3.8m | -€6.7m | -€6.4m | -€8.3m | -€9.7m | ▼ 16.1% |
| Financial income75/76B | €93,746 | €215,341 | €241,447 | €67,486 | €269,614 | ▲ 300% |
| Recurring financial income75 | €93,746 | €215,341 | €221,017 | €67,486 | €269,614 | ▲ 300% |
| Other financial income752/9 | €93,746 | €215,341 | €221,017 | €67,486 | €269,614 | ▲ 300% |
| Non-recurring financial income76B | - | - | €20,430 | €0 | - | - |
| Financial charges65/66B | €618,624 | €637,975 | €696,663 | €1.8m | €3.7m | ▲ 106% |
| Recurring financial charges65 | €618,624 | €637,975 | €696,663 | €1.4m | €3.7m | ▲ 158% |
| Debt charges650 | €482,490 | €365,897 | €460,121 | €1.3m | €3.5m | ▲ 178% |
| Other financial charges652/9 | €136,133 | €272,078 | €236,541 | €159,127 | €157,872 | ▼ 0.8% |
| Non-recurring financial charges66B | - | - | - | €355,777 | €39 | ▼ 100.0% |
| Profit (loss) for the period before taxes9903 | €3.3m | -€7.1m | -€6.9m | -€10.0m | -€13.1m | ▼ 30.1% |
| Income taxes67/77 | €632,986 | €34,762 | €17,622 | €16,475 | €28,319 | ▲ 71.9% |
| Taxes670/3 | €933,450 | €34,762 | €17,622 | €16,475 | €28,319 | ▲ 71.9% |
| Tax adjustments and reversals of tax provisions77 | €300,464 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €2.6m | -€7.1m | -€6.9m | -€10.1m | -€13.1m | ▼ 30.1% |
| Profit (loss) for the period to be appropriated9905 | €2.6m | -€7.1m | -€6.9m | -€10.1m | -€13.1m | ▼ 30.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42.4m | €57.3m | €62.5m | €47.3m | €46.7m | ▼ 1.1% |
| Fixed assets21/28 | €13.9m | €15.3m | €17.5m | €16.7m | €14.9m | ▼ 10.8% |
| Intangible fixed assets21 | €1 | €1 | €1 | €1 | €430,043 | ▲ 58,113,754% |
| Tangible fixed assets22/27 | €13.8m | €14.1m | €16.5m | €15.9m | €14.2m | ▼ 11.1% |
| Plant, machinery and equipment23 | €9.7m | €7.7m | €6.3m | €7.9m | €7.4m | ▼ 6.8% |
| Furniture and vehicles24 | €139,322 | €805,800 | €1.3m | €915,446 | €913,423 | ▼ 0.2% |
| Other tangible fixed assets26 | €1.9m | €3.2m | €3.1m | €6.3m | €5.0m | ▼ 20.6% |
| Assets under construction and advance payments27 | €2.1m | €2.4m | €5.8m | €852,410 | €903,995 | ▲ 6.1% |
| Financial fixed assets28 | €149,462 | €1.1m | €1.0m | €784,413 | €323,645 | ▼ 58.7% |
| Affiliated companies280/1 | €39 | €1.0m | €1.0m | €660,768 | €0 | ▼ 100% |
| Participating interests280 | €39 | €1.0m | €1.0m | €660,768 | €0 | ▼ 100% |
| Companies linked by participating interests282/3 | €145,778 | €105,778 | €0 | - | - | - |
| Participating interests282 | €145,778 | €105,778 | €0 | - | - | - |
| Other financial fixed assets284/8 | €3,645 | €13,839 | €3,645 | €123,645 | €323,645 | ▲ 162% |
| Amounts receivable and cash guarantees285/8 | €3,645 | €13,839 | €3,645 | €123,645 | €323,645 | ▲ 162% |
| Current assets29/58 | €28.4m | €42.0m | €45.0m | €30.5m | €31.8m | ▲ 4.2% |
| Stocks and contracts in progress3 | €12.8m | €15.7m | €13.0m | €2.0m | €1.5m | ▼ 24.8% |
| Stocks30/36 | €12.8m | €15.7m | €13.0m | €2.0m | €1.5m | ▼ 24.8% |
| Raw materials and consumables30/31 | €1.9m | €1.9m | €2.7m | €1.4m | €918,296 | ▼ 34.3% |
| Work in progress32 | €2.2m | €2.7m | €1.9m | €0 | - | - |
| Finished goods33 | €8.7m | €11.2m | €8.4m | €646,641 | €619,387 | ▼ 4.2% |
| Contracts in progress37 | - | - | €15,143 | €0 | - | - |
| Amounts receivable within one year40/41 | €12.1m | €22.3m | €28.2m | €24.8m | €29.7m | ▲ 19.8% |
| Trade receivables40 | €11.4m | €21.4m | €27.1m | €23.9m | €28.9m | ▲ 21.0% |
| Other amounts receivable41 | €665,917 | €858,583 | €1.1m | €910,811 | €800,705 | ▼ 12.1% |
| Cash at bank and in hand54/58 | €3.3m | €3.9m | €3.7m | €3.3m | €436,475 | ▼ 87.0% |
| Deferred charges and accrued income490/1 | €182,335 | €108,629 | €119,596 | €335,022 | €130,207 | ▼ 61.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42.4m | €57.3m | €62.5m | €47.3m | €46.7m | ▼ 1.1% |
| Equity10/15 | €9.6m | €2.5m | -€4.4m | -€14.5m | -€27.6m | ▼ 90.4% |
| Contributions10/11 | €925,000 | €925,000 | €925,000 | €925,000 | €925,000 | = |
| Capital10 | €925,000 | €925,000 | €925,000 | €925,000 | €925,000 | = |
| Issued capital100 | €925,000 | €925,000 | €925,000 | €925,000 | €925,000 | = |
| Reserves13 | €92,500 | €92,500 | €92,500 | €92,500 | €92,500 | = |
| Non-distributable reserves130/1 | €92,500 | €92,500 | €92,500 | €92,500 | €92,500 | = |
| Legal reserve130 | €92,500 | €92,500 | €92,500 | €92,500 | €92,500 | = |
| Profit (loss) carried forward14 | €8.6m | €1.5m | -€5.4m | -€15.5m | -€28.6m | ▼ 84.5% |
| Provisions and deferred taxes16 | €28,490 | €220,394 | €55,414 | €42,966 | €2,672 | ▼ 93.8% |
| Provisions for liabilities and charges160/5 | €28,490 | €220,394 | €55,414 | €42,966 | €2,672 | ▼ 93.8% |
| Other liabilities and charges164/5 | €28,490 | €220,394 | €55,414 | €42,966 | €2,672 | ▼ 93.8% |
| Amounts payable17/49 | €32.7m | €54.6m | €66.9m | €61.7m | €74.3m | ▲ 20.4% |
| Amounts payable after more than one year17 | €20.6m | €43.4m | €45.9m | €45.2m | €58.3m | ▲ 28.9% |
| Financial debts170/4 | €20.6m | €43.4m | €45.9m | €45.2m | €58.3m | ▲ 28.9% |
| Other loans174 | €20.6m | €43.4m | €45.9m | €45.2m | €58.3m | ▲ 28.9% |
| Amounts payable within one year42/48 | €11.4m | €10.3m | €19.8m | €15.8m | €15.9m | ▲ 0.8% |
| Current portion of amounts payable after more than one year42 | €0 | - | - | €4.5m | €4.5m | = |
| Trade debts44 | €7.7m | €6.6m | €16.8m | €8.6m | €8.9m | ▲ 4.2% |
| Suppliers440/4 | €7.7m | €6.6m | €16.8m | €8.6m | €8.9m | ▲ 4.2% |
| Advances received on contracts in progress46 | €94,233 | €28,007 | €259,372 | €152,323 | €5,549 | ▼ 96.4% |
| Taxes, remuneration and social security45 | €3.4m | €3.7m | €2.7m | €2.6m | €2.5m | ▼ 3.7% |
| Taxes450/3 | €1.4m | €1.6m | €588,367 | €487,897 | €466,838 | ▼ 4.3% |
| Remuneration and social security454/9 | €2.0m | €2.1m | €2.1m | €2.1m | €2.0m | ▼ 3.5% |
| Other amounts payable47/48 | €181,224 | €0 | €27,321 | €0 | - | - |
| Accrued charges and deferred income492/3 | €808,738 | €888,911 | €1.2m | €661,093 | €84,372 | ▼ 87.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.6m | -€7.1m | -€6.9m | -€10.1m | -€13.1m | ▼ 30.1% |
| + Depreciation and write-downs630 | €4.4m | €4.4m | €4.7m | €4.7m | €5.5m | ▲ 16.6% |
| Operating cash flow (approximation) | €7.0m | -€2.8m | -€2.2m | -€5.4m | -€7.6m | ▼ 42.0% |
| Investment in fixed assets (approximation) | - | -€5.7m | -€7.0m | -€3.9m | -€3.7m | ▲ 5.5% |
| Change in cash | - | €570,749 | -€238,845 | -€321,687 | -€2.9m | ▼ 805% |
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
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 53 days late
2025
31-12
Financial
Weakest financial yearnet -€13.1m
Net result drops to -€13.1m, the lowest in the series.
02-12
State Gazette act
Resignation: Jeffrey D. Creech (director)Appointments: Jeffrey Alan Graves, Martijn Vanloffelt and Jeremy Audic · Mandate compensation6 facts ▸
State Gazette act
Resignation: Jeffrey D. Creech (director)
Appointments: Jeffrey Alan Graves, Martijn Vanloffelt and Jeremy Audic · Mandate compensation6 facts ▸
- General meeting, 06-10-2025
- Director resignation, Jeffrey D. Creech (director)
- Director appointment, Jeffrey Alan Graves (director)
- Director appointment, Martijn Vanloffelt (director)
- Director appointment, Jeremy Audic (director)
- Mandate compensation, LayerWise
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 84 days late
11-09
State Gazette act
Capital & shares · RestructuringMerger · Accounting effect3 facts ▸
State Gazette act
Capital & shares · Restructuring
Merger · Accounting effect3 facts ▸
- General meeting, 31-07-2025
- Merger, verrichting gelijkgesteld met fusie door overneming, 31-07-2025
- Accounting effect, 01-01-2025
07-05
State Gazette act
Reappointment: BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES (statutory auditor)2 facts ▸
State Gazette act
Reappointment: BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES (statutory auditor)
2 facts ▸
- General meeting, 23-08-2024
- Auditor reappointment, BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES
21-03
State Gazette act
RestructuringMerger · Accounting effect · Power of attorney8 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Power of attorney8 facts ▸
- Merger, vereenvoudigde fusie door absorptie, 100000
- Accounting effect, 01-01-2025
- Power of attorney, Patrice Corbiau
- Power of attorney, K&L Gates GP
- Power of attorney, David Richelle
- Power of attorney, Patrice Corbiau
- Power of attorney, K&L Gates GP
- Power of attorney, David Richelle
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
30-07
State Gazette act
Resignation: Andrew Johnson (director)Appointment: Jeffrey D. Creech (sole director) · Mandate compensation4 facts ▸
State Gazette act
Resignation: Andrew Johnson (director)
Appointment: Jeffrey D. Creech (sole director) · Mandate compensation4 facts ▸
- General meeting, 26-04-2024
- Director resignation, Andrew Johnson (director)
- Director appointment, Jeffrey D. Creech (sole director)
- Mandate compensation, Jeffrey D. Creech
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 135 days late
17-02
State Gazette act
Resignations & appointmentsPower of attorney2 facts ▸
State Gazette act
Resignations & appointments
Power of attorney2 facts ▸
- Board meeting, 19-01-2023
- Power of attorney, Hendricus Frederick "Henry" Tolmay
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 107 days late
Show earlier events
2021
31-12
Financial
Highest result since 2018net €2.6m ▲635%
Operating result €3.8m, net result €2.6m, both a record.
15-09
State Gazette act
Reappointments: BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES BV (statutory auditor) and Johnson Andrew (director)Mandate compensation4 facts ▸
State Gazette act
Reappointments: BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES BV (statutory auditor) and Johnson Andrew (director)
Mandate compensation4 facts ▸
- General meeting, 26-07-2021
- Auditor reappointment, BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES BV (statutory auditor)
- Director reappointment, Johnson Andrew (director)
- Mandate compensation, Johnson Andrew
03-08
State Gazette act
Resignations & appointmentsPower of attorney2 facts ▸
State Gazette act
Resignations & appointments
Power of attorney2 facts ▸
- Board meeting, 06-07-2021
- Power of attorney, Volke Hoffbauer
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 94 days late
12-06
State Gazette act
Resignation: LANGFIELD David James (director)Statutes amendment · Capital · Mandate compensation7 facts ▸
State Gazette act
Resignation: LANGFIELD David James (director)
Statutes amendment · Capital · Mandate compensation7 facts ▸
- General meeting, 03-06-2020
- Statutes amendment
- Statutes amendment
- Capital, €925.000
- Director resignation, LANGFIELD David James (director)
- Board composition, ANDREW Johnson Martin (sole director)
- Mandate compensation, ANDREW Johnson Martin
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 6 days late
24-01
State Gazette act
Reappointment: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES (statutory auditor)Permanent representative: Ellen Lombaerts3 facts ▸
State Gazette act
Reappointment: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES (statutory auditor)
Permanent representative: Ellen Lombaerts3 facts ▸
- General meeting, 01-10-2018
- Auditor reappointment, BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES (statutory auditor)
- Permanent representative, Ellen Lombaerts
15-01
State Gazette act
Resignations & appointmentsPower of attorney2 facts ▸
State Gazette act
Resignations & appointments
Power of attorney2 facts ▸
- Board meeting, 2018-12
- Power of attorney, Volker Hoffbauer
2018
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 72 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
10-04
State Gazette act
Resignation: David Styka (director)4 facts ▸
State Gazette act
Resignation: David Styka (director)
4 facts ▸
- General meeting, 07-03-2017
- Director resignation, David Styka (director)
- Board composition, Andrew Johnson (director)
- Board composition, David Langfield (director)
2016
17-08
State Gazette act
Appointment: LANGFIELD David James (director)Statutes amendment · Mandate compensation4 facts ▸
State Gazette act
Appointment: LANGFIELD David James (director)
Statutes amendment · Mandate compensation4 facts ▸
- General meeting, 27-07-2016
- Statutes amendment
- Director appointment, LANGFIELD David James (director)
- Mandate compensation, LANGFIELD David James
03-06
State Gazette act
Resignation: Abraham N. Reichental (director)Appointment: David Styka (director) · Power of attorney5 facts ▸
State Gazette act
Resignation: Abraham N. Reichental (director)
Appointment: David Styka (director) · Power of attorney5 facts ▸
- General meeting, 20-05-2016
- Director resignation, Abraham N. Reichental (director)
- Director appointment, David Styka (director)
- Power of attorney, Susana Gonzalez Melón
- Power of attorney, Allen & Overy LLP
2015
02-07
State Gazette act
Appointment: BDO Bedrijfsrevisoren Burg. Ven. CVBA (statutory auditor)Power of attorney5 facts ▸
State Gazette act
Appointment: BDO Bedrijfsrevisoren Burg. Ven. CVBA (statutory auditor)
Power of attorney5 facts ▸
- General meeting, 05-06-2015
- Auditor appointment, BDO Bedrijfsrevisoren Burg. Ven. CVBA (statutory auditor)
- Power of attorney, Susana Gonzalez Melon
- Power of attorney, Allen & Overy LLP
- Power of attorney, Iedere bestuurder van de Vennootschap
06-02
State Gazette act
Resignation: Damon J. Gregoire (director)Director discharge · Power of attorney5 facts ▸
State Gazette act
Resignation: Damon J. Gregoire (director)
Director discharge · Power of attorney5 facts ▸
- General meeting, 31-12-2014
- Director resignation, Damon J. Gregoire (director)
- Director discharge, Damon J. Gregoire
- Power of attorney, Susana Gonzalez Melon
- Power of attorney, Allen & Overy LLP
2014
13-10
State Gazette act
Resignations: 3D European Holdings Ltd (director) and LayerWise Nederland B.V. (director)Registered-office move · Statutes amendment · Capital17 facts ▸
State Gazette act
Resignations: 3D European Holdings Ltd (director) and LayerWise Nederland B.V. (director)
Registered-office move · Statutes amendment · Capital17 facts ▸
- General meeting, 05-09-2014
- Registered-office move, 3001 Leuven (Heverlee), Grauwmeer 14
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Capital, €925.000
- +5 further facts in this act
08-10
State Gazette act
Resignations: Vlaams Innovatiefonds Comm. VA, vvSolutions BVBA and 3 othersPermanent representatives: Johan Keppens, Jonas Van Vaerenbergh and 3 others · Appointments: Abraham N. Reichental, Damon J. Gregoire and 3 others · Director discharge23 facts ▸
State Gazette act
Resignations: Vlaams Innovatiefonds Comm. VA, vvSolutions BVBA and 3 others
Permanent representatives: Johan Keppens, Jonas Van Vaerenbergh and 3 others · Appointments: Abraham N. Reichental, Damon J. Gregoire and 3 others · Director discharge23 facts ▸
- General meeting, 03-09-2014
- Director resignation, Vlaams Innovatiefonds Comm. VA (director)
- Permanent representative, Johan Keppens
- Director resignation, vvSolutions BVBA (director)
- Permanent representative, Jonas Van Vaerenbergh
- Director resignation, Jean-Pierre Kruth (director)
- Director resignation, Paul Van Dun (director)
- Director resignation, Mercelis Management and Engineering BVBA (director)
- Permanent representative, Peter Mercelis
- Director discharge, Vlaams Innovatiefonds Comm. VA
- Director discharge, vvSolutions BVBA
- Director discharge, Jean-Pierre Kruth
- +11 further facts in this act
07-04
State Gazette act
Resignation: MERCELIS MANAGEMENT and ENGINEERING (chair of the board)Appointment: Jean-Pierre Kruth (chair of the board) · Registered-office move5 facts ▸
State Gazette act
Resignation: MERCELIS MANAGEMENT and ENGINEERING (chair of the board)
Appointment: Jean-Pierre Kruth (chair of the board) · Registered-office move5 facts ▸
- Board meeting, 15-01-2014
- Registered-office move, 3001 Leuven-Heverlee, Grauwmeer 14
- Board meeting, 10-02-2014
- Director resignation, MERCELIS MANAGEMENT and ENGINEERING (chair of the board)
- Director appointment, Jean-Pierre Kruth (chair of the board)
2013
03-09
State Gazette act
Reappointments: Vlaams Innovatiefonds Comm. VA, vvSolutions BVBA and 3 othersAppointments: Mercelis Management and Engineering BVBA (managing director) and vvSolutions BVBA (managing director) · Permanent representative: Johan Keppens · Mandate compensation16 facts ▸
State Gazette act
Reappointments: Vlaams Innovatiefonds Comm. VA, vvSolutions BVBA and 3 others
Appointments: Mercelis Management and Engineering BVBA (managing director) and vvSolutions BVBA (managing director) · Permanent representative: Johan Keppens · Mandate compensation16 facts ▸
- General meeting, 19-04-2013
- Board meeting, 19-04-2013
- Director reappointment, Vlaams Innovatiefonds Comm. VA (director)
- Director reappointment, vvSolutions BVBA (director)
- Director reappointment, Jean-Pierre Kruth (director)
- Director reappointment, Paul Van Dun (director)
- Director reappointment, Mercelis Management and Engineering BVBA (director)
- Mandate compensation, Vlaams Innovatiefonds Comm. VA
- Mandate compensation, vvSolutions BVBA
- Mandate compensation, Jean-Pierre Kruth
- Mandate compensation, Paul Van Dun
- Mandate compensation, Mercelis Management and Engineering BVBA
- +4 further facts in this act
2012
13-06
State Gazette act
Capital & sharesApproval · Director discharge · Capital increase7 facts ▸
State Gazette act
Capital & shares
Approval · Director discharge · Capital increase7 facts ▸
- Board meeting, 24-05-2012
- Approval, 24-05-2012
- Director discharge, BB&B Bedrijfsrevisoren
- Capital increase, €69.000
- Bank account, 22-05-2012
- Capital, €925.000
- Statutes amendment
2008
07-08
State Gazette act
Appointment: Vlaams Innovatiefonds (director)Permanent representative: Wils Kenneth Maria Joseph · Share class creation · Capital increase11 facts ▸
State Gazette act
Appointment: Vlaams Innovatiefonds (director)
Permanent representative: Wils Kenneth Maria Joseph · Share class creation · Capital increase11 facts ▸
- General meeting, 03-07-2008
- Share class creation
- Capital increase, €156.818
- Bank account, 02-07-2008
- Capital increase, €533.182
- Capital, €856.000
- Statutes amendment
- Share issue, antidilutie warrants, 5
- Conditional capital increase authorization, individuele verzaking aan voorkeurrecht (art. 8.1. statuten en art. 592 W.Venn.), uitoefening van de antidilutie warrants
- Director appointment, Vlaams Innovatiefonds (director)
- Permanent representative, Wils Kenneth Maria Joseph
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
22 of 22 acts read
Directors · office · real estate
Directors
under verification, no change since 2025
This board is reconstructed from a single act (25152381). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 3
Jeffrey Alan Graves
CurrentDirector · since 06-10-2025
Jeremy Audic
CurrentDirector · since 06-10-2025
Martijn Vanloffelt
CurrentDirector · since 06-10-2025
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
VLAAMS INNOVATIEFONDS
Not recently confirmedDirector · since 03-07-2008 · Legal entity · perm. rep.: Wils Kenneth Maria Joseph
Andrew M. Johnson
Not recently confirmedDirector · since 03-09-2014
LayerWise B.V.
Not recently confirmedDirector · since 03-09-2014 · Legal entity · perm. rep.: Andrew M. Johnson
Permanent representatives 2
Wils Kenneth Maria Joseph
Not recently confirmedPermanent representative · since 03-07-2008 · for VLAAMS INNOVATIEFONDS
Andrew M. Johnson
Not recently confirmedPermanent representative · since 03-09-2014 · for LayerWise B.V.
Statutory auditor 1
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
CurrentAuditor · since 05-06-2015
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2008
Ground area
1.1 ha
Building footprint
3,935 m²
Volume, LiDAR
27,965 m³
Parcel 24514B0175/00G000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LayerWise
since 20082.170.312.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514B0175/00G000 | Flanders | 1.1 ha | 1 · 3,935 m² | 11.6 m · 3 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.
Mandate history
20 people since 2008, 7 in office
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Jeffrey Alan Graves |
|
| Jeremy Audic |
|
| Martijn Vanloffelt |
|
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES |
|
| VLAAMS INNOVATIEFONDS |
|
| Andrew M. Johnson |
|
| LayerWise B.V. |
|
| Jeffrey D. Creech |
|
| Andrew Johnson |
|
| LANGFIELD David James |
|
| David Styka |
|
| Abraham N. Reichental |
|
| Damon J. Gregoire |
|
| 3D European Holdings Ltd. |
|
| LayerWise Nederland B.V. |
|
| Jean-Pierre Kruth |
|
| Mercelis Management and Engineering BVBA |
|
| Paul Van Dun |
|
| Vlaams Innovatiefonds Comm. VA |
|
| vvSolutions BVBA |
|
Articles of association
Purpose
Ontwerp, optimalisatie, productie, verkoop en doorverkoop van industriële, dentale en medische onderdelen, componenten en producten. Eveneens inbegrepen zijn de ontwikkeling…
Full purpose
Ontwerp, optimalisatie, productie, verkoop en doorverkoop van industriële, dentale en medische onderdelen, componenten en producten. Eveneens inbegrepen zijn de ontwikkeling, verkoop en doorverkoop, onderhoud, levering, advies in verband met software en zijn afgeleiden. Aanbieden, verlenen, verhuren, verkopen en doorverkopen van diensten en advies rond ontwerp, design, software, optimalisatie, analyse, marketing, management, implementatie, productie en technologie. Aankoop, verkoop en doorverkoop van goederen en diensten. Het uitoefenen en adviseren van onderzoek- en ontwikkelingsactiviteiten in de ruimste betekenis. Het verstrekken van technologisch, wetenschappelijk, commercieel en ander advies. Ontwikkelen, optimaliseren, beschermen en commercialiseren van nieuwe technologieën en procedures in de ruimste betekenis. Een patrimonium bestaande uit roerende en onroerende goederen te verwerven, te behouden, in de meest ruime zin van het woord te beheren en oordeelkundig uit te breiden. Alle financiële en beheersverrichtingen onder meer, krediet en financiering, belegging in roerende en onroerende goederen, het nemen van participaties in nieuwe en bestaande vennootschappen, beheren van vermogen, hypothecaire en andere borgstelling, commissie- en delcredere verrichtingen, voor zover dit alles wettelijk is toegelaten. Het verwerven en huren met het oog op het verhuren en onderverhuren van onroerende goederen en roerende installaties.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
- Layerwise Inc.USsubsidiarySourceown accounts 2024100%
- MEDICAL PRECISION PARTS, AFGEKORT : MPPsubsidiarySourceown accounts 2024Equity €334,218Result €14,438100%
According to the 2024 annual accounts of LayerWise and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
5 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
GEMMA FRISIUS-FONDS KU LEUVEN
Shared director
→
nexuzhealth
Shared director
→
QUEST FOR GROWTH
Shared director
→
Regionaal Ziekenhuis Heilig Hart Tienen
Shared director
→
Show 1 more companies with a shared director
Confo Therapeutics
Shared corporate director
→
Acquisitions and mergers
1 transactionTook over:Medical Precision Parts
Capital and shareholders
Shareholders according to the acts
After 2 capital increases
act of 07-08-2008 ↗
- Katholieke Universiteit Leuven 86,364 shares · 380,000 EUR
- Kruth Jean-Pierre Georges 13,636 shares · 60,000 EUR
- Medaja 11,364 shares · 50,000 EUR
- Gemma Frisius-Fonds K.U.Leuven II 22,727 shares · 100,000 EUR
- Vlaams Innovatiefonds 22,727 shares · 100,000 EUR
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 12-06-2020 Capital stated in 2 acts · 925,000 EUR · 391,818 shares
- 13-06-2012 Capital increase of 69,000 EUR · to 925,000 EUR · 69,000 new shares
- 07-08-2008 Capital increase of 156,818 EUR · to 322,818 EUR · 156,818 new shares
- 07-08-2008 Capital increase of 533,182 EUR · to 856,000 EUR · from reserves
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 96,984 EUR awarded · 96,984 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 35,228 EUR | 35,228 EUR |
| 2024 | 2 | 19,068 EUR | 19,068 EUR |
| 2023 | 2 | 17,889 EUR | 17,889 EUR |
| 2022 | 2 | 24,799 EUR | 24,799 EUR |
European research
6 projects · 1,187,399 EUR EU contributionProgrammes
Projects
High Precision Micro Production Technologies
Optimization and clinical testing of Transcutaneous Implant Evacuation System.
Precision Additive Metal Manufacturing
Implant Direct
SMILE - SMall Innovative Launcher for Europe
Show 1 more projects
Support Action for Standardisation in Additive Manufactruring
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Of 148 companies in sector 25402 we hold annual accounts for 100. 74 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
Founded31-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
25402Manufacture of fabricated metal products, except machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
25639Manufacture of fabricated metal products, except machinery and equipment
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0897214564
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.