Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Of this, €15.9m falls due within a year.
LayerWise pays its suppliers 53 days later than in 2024. Customers pay 196 days later.
Eight of the last ten came late. The 2022 accounts came latest: 135 days after the end of the period.
Lower solvency than 95% of companies in fabricated metal products. Sector median 45.5% · 834 companies.
The dashed line is the sector median: 0.2% across 132 companies (NACE 25, medium-sized).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, medium-sized). It does better than 1% of them on solvency, 39% on liquidity, 3% on profitability and 2% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 252 companies had the same profile as LayerWise has now. Each dot is one company, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LayerWise itself: 3.9% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 252 companies, not a prediction for LayerWise. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.0 (1.93 in 2024), above the usual 1.5. Short-term debt is 34% and cash 0.9% of total assets. However, equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 72 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Shares in 1 company, Layerwise Inc.
Board & ownership| Company | ||||
|---|---|---|---|---|
| LayerWise Leuven | €27.3m | -35.4% | -59.0% | 170.4 |
| ROBA METAL PROCESSING Genk | €23.9m | 7.9% | 21.9% | 112.1 |
| E-MAX Profiles Gullegem Wevelgem | €49.8m | 2.2% | 72.4% | 72.5 |
| AMI METALS EUROPE Charleroi | €55.6m | 5.1% | 86.6% | 53.9 |
| Smart Metal Works Evergem | €18.5m | 3.2% | 35.0% | 74.1 |
| Betafence Belgium Zwevegem | €80.4m | -8.9% | 21.9% | 91.5 |
| E - MAX ALUMINIUM PROFIELEN Dilsen-Stokkem | €100.0m | 1.5% | 48.3% | 124 |
Grey: the largest companies of the sector (fabricated metal products (NACE 25)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as LayerWise: manufacture of fabricated metal products, except machinery and equipment (NACE 25402). They are comparable in size and age: total assets between €12m and €58m, founded between 1996 and 2015.
LayerWise has existed since 2008. The present size dates from 2015. Turnover rose that year from €5.5m to €12.5m.
Solvency fell in 2025 from -30.6% to -59.0% because of the loss and higher long-term debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Lower than 95% of 834 companies in 2025.
Higher than 59% of 826 companies in 2025.
Lower than 95% of 831 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter
126.2 men and 44.2 women in full-time equivalents in 2025.
Men €91,975, women €89,928 per full-time equivalent. Jobs differ, so this is not a pay gap.
In 2025, 25 people joined and 29 left. Training hours in 2025: 682. Agency workers: 16 on average.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
46.7m | 47.3m | 62.5m | 57.3m | 42.4m | 63.4m | 49.8m | 46.4m | 24.0m | 19.7m | 15.0m | 6.7m | 6.2m | 2.1m | 1.9m | 1.4m | 1.4m | 1.2m | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,026 | |
21/28 |
14.9m | 16.7m | 17.5m | 15.3m | 13.9m | 14.2m | 15.1m | 12.0m | 7.6m | 5.1m | 4.1m | 3.5m | 2.5m | 905,535 | 1.1m | 886,261 | 831,734 | 681,221 | |
21 |
430,043 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 116,167 | 528,264 | 1.0m | 1.3m | 875,250 | 265,763 | 244,274 | 331,112 | 287,654 | 174,085 | |
22/27 |
14.2m | 15.9m | 16.5m | 14.1m | 13.8m | 14.0m | 15.0m | 11.8m | 7.4m | 4.6m | 3.0m | 2.2m | 1.6m | 598,672 | 787,967 | 554,048 | 542,980 | 503,010 | |
23 |
7.4m | 7.9m | 6.3m | 7.7m | 9.7m | 10.5m | 11.0m | 5.6m | 4.4m | 3.0m | 2.5m | 292,439 | 280,521 | 545,929 | 443,154 | 340,984 | 240,479 | 16,383 | |
24 |
913,423 | 915,446 | 1.3m | 805,800 | 139,322 | 171,131 | 246,761 | 168,622 | 125,283 | 49,696 | 89,236 | 79,456 | 57,251 | 30,589 | 17,343 | 10,731 | 10,078 | 11,316 | |
26 |
5.0m | 6.3m | 3.1m | 3.2m | 1.9m | 2.5m | 1.7m | 1.8m | 467,470 | 479,279 | 266,257 | 286,605 | 67,500 | - | - | - | - | - | |
27 |
903,995 | 852,410 | 5.8m | 2.4m | 2.1m | 846,491 | 2.1m | 4.3m | 2.4m | 950,360 | - | 574,842 | 125,525 | - | 215,226 | - | - | 92,797 | |
28 |
323,645 | 784,413 | 1.0m | 1.1m | 149,462 | 149,462 | 149,462 | 145,817 | 40,039 | 40,039 | 40,039 | 45,189 | 46,100 | 41,100 | 41,100 | 1,100 | 1,100 | 1,100 | |
280/1 |
0 | 660,768 | 1.0m | 1.0m | 39 | 39 | 39 | 39 | 39 | 39 | 40,039 | 45,039 | - | - | - | - | - | - | |
280 |
0 | 660,768 | 1.0m | 1.0m | 39 | 39 | 39 | 39 | 39 | 39 | 40,039 | 45,039 | - | - | - | - | - | - | |
282/3 |
- | - | 0 | 105,778 | 145,778 | 145,778 | 145,778 | 145,778 | 40,000 | 40,000 | - | - | - | - | - | - | - | - | |
282 |
- | - | 0 | 105,778 | 145,778 | 145,778 | 145,778 | 145,778 | 40,000 | 40,000 | - | - | - | - | - | - | - | - | |
284/8 |
323,645 | 123,645 | 3,645 | 13,839 | 3,645 | 3,645 | 3,645 | - | - | - | - | 150 | - | - | - | - | - | - | |
285/8 |
323,645 | 123,645 | 3,645 | 13,839 | 3,645 | 3,645 | 3,645 | - | - | - | - | 150 | - | - | - | - | - | - | |
29/58 |
31.8m | 30.5m | 45.0m | 42.0m | 28.4m | 49.2m | 34.6m | 34.4m | 16.5m | 14.6m | 10.9m | 3.3m | 3.6m | 1.2m | 868,057 | 518,585 | 528,041 | 533,968 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | 18,443 | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | - | - | - | - | 18,443 | - | - | - | - | - | - | |
3 |
1.5m | 2.0m | 13.0m | 15.7m | 12.8m | 12.3m | 12.2m | 11.9m | 5.6m | 5.4m | 4.4m | 520,507 | 329,512 | 162,719 | 122,711 | 68,608 | 56,634 | 40,150 | |
30/36 |
1.5m | 2.0m | 13.0m | 15.7m | 12.8m | 12.3m | 12.2m | 11.9m | 5.6m | 5.4m | 4.4m | 520,507 | 329,512 | 162,719 | 122,711 | 68,608 | 56,634 | 40,150 | |
30/31 |
918,296 | 1.4m | 2.7m | 1.9m | 1.9m | 1.5m | 1.3m | 485,745 | 436,887 | 611,718 | 407,754 | 351,589 | - | - | - | - | - | - | |
32 |
- | 0 | 1.9m | 2.7m | 2.2m | 687,603 | 1.8m | 1.6m | 153,576 | 159,143 | 81,653 | 81,960 | - | - | - | - | - | - | |
33 |
619,387 | 646,641 | 8.4m | 11.2m | 8.7m | 10.1m | 9.1m | 9.9m | 5.0m | 4.7m | 1.5m | 86,958 | - | - | - | - | - | - | |
34 |
- | - | - | - | - | - | - | - | - | - | 2.4m | - | - | - | - | - | - | - | |
37 |
- | 0 | 15,143 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
29.7m | 24.8m | 28.2m | 22.3m | 12.1m | 32.9m | 18.6m | 19.6m | 8.6m | 7.8m | 5.4m | 2.3m | 3.0m | 728,481 | 559,909 | 301,419 | 233,752 | 67,286 | |
40 |
28.9m | 23.9m | 27.1m | 21.4m | 11.4m | 32.4m | 17.9m | 18.1m | 7.7m | 7.3m | 4.4m | 1.3m | 1.6m | 689,658 | 466,551 | 245,571 | 135,970 | 42,080 | |
41 |
800,705 | 910,811 | 1.1m | 858,583 | 665,917 | 487,475 | 713,881 | 1.4m | 858,096 | 523,497 | 959,329 | 942,938 | 1.4m | 38,824 | 93,358 | 55,848 | 97,782 | 25,206 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 380,000 | |
54/58 |
436,475 | 3.3m | 3.7m | 3.9m | 3.3m | 3.9m | 3.7m | 2.8m | 2.2m | 1.2m | 1.1m | 462,759 | 293,290 | 296,373 | 180,520 | 144,433 | 231,979 | 42,664 | |
490/1 |
130,207 | 335,022 | 119,596 | 108,629 | 182,335 | 85,886 | 173,898 | 83,870 | 92,465 | 70,223 | 56,846 | 22,306 | - | 2,537 | 4,917 | 4,125 | 5,675 | 3,868 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
46.7m | 47.3m | 62.5m | 57.3m | 42.4m | 63.4m | 49.8m | 46.4m | 24.0m | 19.7m | 15.0m | 6.7m | 6.2m | 2.1m | 1.9m | 1.4m | 1.4m | 1.2m | |
10/15 |
-27.6m | -14.5m | -4.4m | 2.5m | 9.6m | 7.1m | 6.8m | 5.5m | 5.4m | 3.5m | 787,342 | 1.0m | 2.9m | 1.1m | 765,653 | 632,601 | 502,486 | 679,962 | |
10/11 |
925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 856,000 | 856,000 | 856,000 | 856,000 | |
10 |
925,000 | 925,000 | 925,000 | 925,000 | 925,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 925,000 | 856,000 | 856,000 | 856,000 | 856,000 | |
13 |
92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 21,330 | 21,330 | 21,330 | - | - | - | - | - | |
130/1 |
92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 92,500 | 21,330 | 21,330 | 21,330 | - | - | - | - | - | |
14 |
-28.6m | -15.5m | -5.4m | 1.5m | 8.6m | 6.1m | 5.8m | 4.5m | 4.3m | 2.2m | -836,246 | -1.1m | 405,279 | -35,854 | -196,063 | -311,110 | -404,224 | -197,748 | |
15 |
- | - | - | - | - | - | - | - | 54,877 | 264,807 | 677,258 | 1.2m | 1.6m | 195,357 | 105,716 | 87,710 | 50,710 | 21,710 | |
16 |
2,672 | 42,966 | 55,414 | 220,394 | 28,490 | 28,490 | 107,334 | 105,009 | - | 7,869 | 33,958 | 80,845 | 125,062 | - | - | - | - | - | |
160/5 |
2,672 | 42,966 | 55,414 | 220,394 | 28,490 | 28,490 | 107,334 | 105,009 | - | - | - | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | - | 105,009 | - | - | - | - | - | - | - | - | - | - | |
164/5 |
2,672 | 42,966 | 55,414 | 220,394 | 28,490 | 28,490 | 107,334 | - | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | - | - | 7,869 | 33,958 | 80,845 | 125,062 | - | - | - | - | - | |
17/49 |
74.3m | 61.7m | 66.9m | 54.6m | 32.7m | 56.2m | 42.9m | 40.7m | 18.7m | 16.2m | 14.2m | 5.6m | 3.1m | 1.0m | 1.2m | 772,245 | 857,289 | 535,226 | |
17 |
58.3m | 45.2m | 45.9m | 43.4m | 20.6m | 43.5m | 30.5m | 24.7m | 11.4m | 11.7m | 1.2m | 1.5m | 1.5m | 361,916 | 576,847 | 458,983 | 602,278 | 314,405 | |
170/4 |
58.3m | 45.2m | 45.9m | 43.4m | 20.6m | 43.5m | 30.5m | 24.7m | 11.4m | 11.7m | 1.2m | 1.5m | 1.4m | 208,333 | 392,547 | 274,683 | 417,978 | 314,405 | |
172 |
- | - | - | - | - | - | 0 | 285,462 | 607,549 | 920,055 | 1.2m | 1.5m | - | - | - | - | - | - | |
174 |
58.3m | 45.2m | 45.9m | 43.4m | 20.6m | 43.5m | 30.5m | 24.5m | 10.8m | 10.8m | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 92,150 | 153,583 | 184,300 | 184,300 | 184,300 | - | |
42/48 |
15.9m | 15.8m | 19.8m | 10.3m | 11.4m | 11.9m | 11.8m | 15.4m | 7.2m | 4.4m | 12.9m | 4.1m | 1.6m | 599,227 | 562,898 | 289,262 | 255,012 | 220,065 | |
42 |
4.5m | 4.5m | - | - | 0 | 18,234 | 285,463 | 322,087 | 312,506 | 303,213 | 294,200 | 390,254 | 505,798 | 214,931 | 182,136 | 143,295 | 138,094 | 83,183 | |
44 |
8.9m | 8.6m | 16.8m | 6.6m | 7.7m | 8.7m | 9.2m | 12.2m | 4.0m | 2.8m | 3.1m | 1.1m | 724,112 | 204,924 | 246,198 | 88,441 | 65,619 | 120,105 | |
440/4 |
8.9m | 8.6m | 16.8m | 6.6m | 7.7m | 8.7m | 9.2m | 12.2m | 4.0m | 2.8m | 3.1m | 1.1m | 724,112 | 204,924 | 246,198 | 88,441 | 65,619 | 120,105 | |
46 |
5,549 | 152,323 | 259,372 | 28,007 | 94,233 | 155,475 | 0 | 28,452 | - | - | 38,097 | - | - | - | - | - | - | - | |
45 |
2.5m | 2.6m | 2.7m | 3.7m | 3.4m | 3.0m | 2.4m | 2.8m | 2.8m | 1.3m | 752,236 | 437,476 | 325,181 | 179,372 | 134,564 | 57,526 | 51,299 | 16,778 | |
450/3 |
466,838 | 487,897 | 588,367 | 1.6m | 1.4m | 816,064 | 875,586 | 1.5m | 1.5m | 397,721 | 75,690 | 49,988 | 42,703 | 18,274 | 11,663 | 3,184 | 4,722 | 2,134 | |
454/9 |
2.0m | 2.1m | 2.1m | 2.1m | 2.0m | 2.2m | 1.5m | 1.3m | 1.4m | 899,503 | 676,546 | 387,488 | 282,478 | 161,099 | 122,900 | 54,342 | 46,577 | 14,644 | |
47/48 |
- | 0 | 27,321 | 0 | 181,224 | - | - | - | - | - | 8.8m | 2.2m | 1,000 | - | - | - | - | - | |
492/3 |
84,372 | 661,093 | 1.2m | 888,911 | 808,738 | 874,065 | 607,839 | 598,690 | 152,608 | 132,624 | 32,389 | 40 | 50,000 | 50,000 | 36,000 | 24,000 | - | 756 | |
| Income statement | |||||||||||||||||||
70/76A |
31.4m | 38.1m | 48.7m | 48.5m | 61.3m | 67.3m | 55.1m | 46.4m | 32.3m | 29.2m | 15.1m | 7.6m | - | - | - | - | - | - | |
70 |
27.3m | 45.9m | 48.4m | 41.8m | 58.3m | 64.5m | 53.3m | 37.8m | 30.7m | 24.5m | 12.5m | 5.5m | - | - | - | - | - | - | |
71 |
182,722 | -10.7m | -3.3m | 3.0m | 111,031 | 255,882 | -521,923 | 6.6m | 144,209 | 3.5m | 1.4m | 168,918 | - | - | - | - | - | - | |
72 |
- | - | - | - | - | - | - | - | - | 325,511 | 745,502 | 1.6m | - | - | - | - | - | - | |
74 |
3.8m | 2.8m | 3.5m | 3.4m | 3.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
7,508 | 0 | 178,000 | 233,407 | - | 0 | 19,077 | 75,899 | - | 90,000 | - | - | 7,844 | - | - | - | - | - | |
9900 |
- | - | - | - | - | - | - | - | - | - | - | - | 3.6m | 1.8m | 1.2m | 800,297 | 280,079 | 12,065 | |
60/66A |
41.0m | 46.4m | 55.2m | 55.2m | 57.5m | 66.2m | 52.4m | 45.6m | 28.7m | 26.0m | 15.3m | 9.5m | - | - | - | - | - | - | |
60 |
8.8m | 14.9m | 23.1m | 24.3m | 29.7m | 35.8m | 26.6m | 26.4m | 13.1m | 14.0m | 6.3m | 1.6m | - | - | - | - | - | - | |
600/8 |
8.3m | 13.6m | 23.9m | 24.3m | 30.1m | 36.0m | 27.4m | 26.4m | 13.0m | 11.9m | 8.7m | 1.6m | - | - | - | - | - | - | |
609 |
479,614 | 1.3m | -816,093 | 27,005 | -406,563 | -169,767 | -842,160 | -48,858 | 174,831 | 2.2m | -2.4m | -22,077 | - | - | - | - | - | - | |
61 |
10.6m | 12.3m | 10.3m | 10.0m | 9.7m | 12.7m | 11.8m | 7.9m | 6.4m | 4.6m | 2.9m | 3.0m | - | - | - | - | - | - | |
62 |
15.6m | 15.4m | 16.5m | 16.0m | 13.8m | 12.8m | 10.7m | 9.2m | 7.7m | 5.3m | 3.9m | 3.0m | 1.9m | 1.0m | 609,876 | 288,030 | 202,691 | 88,238 | |
630 |
5.5m | 4.7m | 4.7m | 4.4m | 4.4m | 3.9m | 3.3m | 1.8m | 1.6m | 1.8m | 2.2m | 1.7m | 1.4m | 716,641 | 570,592 | 442,150 | 283,965 | 118,085 | |
631/4 |
218,877 | -1.0m | 226,415 | 140,815 | -2,978 | 278,068 | 66,044 | 211,625 | -158,577 | 245,787 | 12,508 | 72,674 | - | 2,078 | -2,015 | 1,490 | - | 2,015 | |
635/8 |
-40,294 | -12,448 | -164,980 | 191,904 | 0 | -78,843 | 2,325 | 105,009 | - | - | - | - | - | - | - | - | - | - | |
640/8 |
130,721 | 85,737 | 13,492 | 4,930 | 6,515 | 1,879 | 14,811 | 11,615 | 22,467 | 234 | 1,118 | 1,104 | 1,162 | 1,255 | 1,498 | 5,353 | 5,308 | 348 | |
66A |
272,433 | 18,888 | 576,914 | 263,837 | 0 | 821,292 | - | - | - | - | 253 | - | - | - | - | - | - | - | |
9901 |
-9.7m | -8.3m | -6.4m | -6.7m | 3.8m | 1.1m | 2.6m | 734,551 | 3.5m | 3.2m | -172,229 | -1.9m | 262,841 | 42,632 | 60,743 | 63,274 | -211,885 | -196,621 | |
75/76B |
269,614 | 67,486 | 241,447 | 215,341 | 93,746 | 226,702 | 86,960 | 203,229 | 252,219 | 577,993 | 602,947 | 507,706 | 240,411 | 148,470 | 85,329 | 61,661 | 34,820 | 17,467 | |
75 |
269,614 | 67,486 | 221,017 | 215,341 | 93,746 | 226,702 | 86,960 | 203,229 | 252,219 | 577,993 | 602,947 | 507,706 | 240,411 | 148,470 | 85,329 | 61,661 | 34,820 | 17,467 | |
751 |
- | - | - | - | - | - | - | - | - | - | 132 | 370 | - | - | - | - | - | - | |
752/9 |
269,614 | 67,486 | 221,017 | 215,341 | 93,746 | 226,702 | 86,960 | 203,229 | 252,219 | 577,993 | 602,814 | 507,337 | - | - | - | - | - | - | |
76B |
- | 0 | 20,430 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
3.7m | 1.8m | 696,663 | 637,975 | 618,624 | 996,738 | 712,030 | 447,812 | 711,542 | 403,762 | 217,746 | 158,561 | 74,629 | 32,686 | 31,025 | 31,821 | 29,411 | 18,594 | |
65 |
3.7m | 1.4m | 696,663 | 637,975 | 618,624 | 996,738 | 712,030 | 447,812 | 711,542 | 403,762 | 217,746 | 158,561 | 74,629 | 32,686 | 31,025 | 31,821 | 29,411 | 18,594 | |
650 |
3.5m | 1.3m | 460,121 | 365,897 | 482,490 | 711,185 | 539,509 | 280,452 | 290,994 | 223,604 | 140,840 | 96,348 | - | - | - | - | - | - | |
652/9 |
157,872 | 159,127 | 236,541 | 272,078 | 136,133 | 285,553 | 172,520 | 167,360 | 420,549 | 180,158 | 76,906 | 62,212 | - | - | - | - | - | - | |
66B |
39 | 355,777 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-13.1m | -10.0m | -6.9m | -7.1m | 3.3m | 322,087 | 2.0m | 489,969 | 3.1m | 3.3m | 212,719 | -1.6m | 436,467 | 158,415 | 115,047 | 93,115 | -206,476 | -197,748 | |
67/77 |
28,319 | 16,475 | 17,622 | 34,762 | 632,986 | -36,718 | 729,959 | 282,870 | 1.0m | 228,947 | -11,313 | -12,833 | - | -1,794 | - | - | - | - | |
670/3 |
28,319 | 16,475 | 17,622 | 34,762 | 933,450 | 436,436 | 972,964 | 282,870 | 1.0m | 228,947 | - | - | - | - | - | - | - | - | |
77 |
- | - | - | 0 | 300,464 | 473,154 | 243,004 | - | 1,543 | - | 11,313 | 12,833 | - | - | - | - | - | - | |
9904 |
-13.1m | -10.1m | -6.9m | -7.1m | 2.6m | 358,805 | 1.3m | 207,099 | 2.1m | 3.1m | 270,918 | -1.5m | 462,463 | 160,209 | 115,047 | 93,115 | -206,476 | -197,748 | |
9905 |
-13.1m | -10.1m | -6.9m | -7.1m | 2.6m | 358,805 | 1.3m | 207,099 | 2.1m | 3.1m | 270,918 | -1.5m | 462,463 | 160,209 | 115,047 | 93,115 | -206,476 | -197,748 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-28.6m | -15.5m | -5.4m | 1.5m | 8.8m | 6.1m | 5.8m | 4.5m | 4.3m | 2.3m | -836,246 | -1.1m | 426,609 | -35,854 | -196,063 | -311,110 | -404,224 | -197,748 | |
14P |
-15.5m | -5.4m | 1.5m | 8.6m | 6.1m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 71,170 | - | - | 21,330 | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | 71,170 | - | - | 21,330 | - | - | - | - | - | |
694/7 |
- | - | - | 0 | 181,224 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
696 |
- | - | - | 0 | 181,224 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
170.4 | 169 | 183 | 180.3 | 172.6 | 160.8 | 140.8 | 116.2 | 101.5 | 73.2 | 63.2 | 54.1 | 33.9 | 19.4 | 12.5 | 5.6 | 4.5 | 2.2 | |
Men (FTE)1003 |
126.2 | 129.2 | 142.3 | 140.7 | 136.9 | 130.3 | 115.6 | 97.4 | 83.6 | 60.7 | 53.3 | 45.8 | - | - | - | - | - | - | |
Women (FTE)1003 |
44.2 | 39.8 | 40.7 | 39.6 | 35.7 | 30.5 | 25.2 | 18.8 | 17.9 | 12.5 | 9.9 | 8.3 | - | - | - | - | - | - | |
Agency workers1501 |
16 | 10.1 | 6.8 | 5.1 | 8.4 | 20.5 | 19.5 | 15.7 | 9.1 | 8.6 | 8.8 | 1.9 | - | - | - | - | - | - | |
Hours worked1013 |
275,722 | 271,609 | 299,202 | 294,292 | 283,587 | 260,352 | 236,529 | 199,378 | 170,830 | 124,514 | 100,815 | 88,886 | 54,501 | 32,503 | 20,720 | 9,152 | 6,828 | 2,587 | |
| Document | |||||||||||||||||||
The notes to these accounts have 114 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-09-2026.
2025 annual accounts filed 53 days after the deadline. Filed on 22 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00521658.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 22-09-2026 | 2026-00521658 | |
| 31-12-2024 | full format | 23-10-2025 | 2025-00549365 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00452582 | |
| 31-12-2022 | full format | 13-12-2023 | 2023-00530538 | |
| 31-12-2021 | full format | 15-11-2022 | 2022-20519952 | |
| 31-12-2020 | full format | 29-07-2021 | 2021-43000489 | |
| 31-12-2019 | full format | 02-11-2020 | 2020-68200159 | |
| 31-12-2018 | full format | 06-08-2019 | 2019-44500449 | |
| 31-12-2017 | full format | 11-10-2018 | 2018-69300083 | |
| 31-12-2016 | full format | 10-07-2017 | 2017-32000086 | |
| 31-12-2015 | full format | 01-08-2016 | 2016-39800145 | |
| 31-12-2014 | full format | 03-07-2015 | 2015-27400070 | |
| 31-12-2013 | abbreviated format | 16-05-2014 | 2014-12900077 | |
| 31-12-2012 | abbreviated format | 16-05-2013 | 2013-12500113 | |
| 31-12-2011 | abbreviated format | 14-05-2012 | 2012-11700058 | |
| 31-12-2010 | abbreviated format | 09-05-2011 | 2011-10600213 | |
| 31-12-2009 | abbreviated format | 11-05-2010 | 2010-11700490 | |
| 31-12-2008 | abbreviated format | 14-05-2009 | 2009-15000324 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €35,228 | €35,228 |
| 2024 | 2 | €19,068 | €19,068 |
| 2023 | 2 | €17,889 | €17,889 |
| 2022 | 2 | €24,799 | €24,799 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4.2m | -3.7m | -1.7m | -2.3m | 8.2m | 5.0m | 5.9m | 2.6m | 5.2m | 4.9m | 2.0m | -172,462 | 1.6m | 759,273 | 631,335 | 505,424 | 72,080 | -78,536 | ||
| -7.6m | -5.4m | -2.2m | -2.8m | 7.0m | 4.2m | 4.5m | 2.0m | 3.7m | 4.9m | 2.4m | 233,734 | 1.8m | 876,850 | 685,639 | 535,264 | 77,489 | -79,663 | ||
| 5.4m | 5.2m | 8.8m | 6.3m | 4.4m | 5.3m | 6.6m | 6.6m | 4.2m | 2.8m | 2.9m | 2.7m | 4.6m | 764,062 | 757,672 | 496,676 | 434,478 | 787,000 | ||
| -2.9m | -321,687 | -238,845 | 570,749 | -595,689 | 251,512 | 886,699 | 593,136 | 991,409 | 111,246 | 636,713 | 169,469 | -3,083 | 115,854 | 36,087 | -87,546 | 189,315 | - | ||
| 15.9m | 14.8m | 25.2m | 31.7m | 17.1m | 37.4m | 22.8m | 19.0m | 9.3m | 10.2m | -2.0m | -846,656 | 2.1m | 590,884 | 305,159 | 229,323 | 273,029 | 313,902 | ||
| -35.4% | -18.1% | -13.3% | -15.9% | 6.5% | 1.7% | 4.9% | 1.9% | 11.5% | 12.9% | -1.4% | -35.1% | - | - | - | - | - | - | ||
| -59.0% | -30.6% | -7.1% | 4.3% | 22.7% | 11.3% | 13.6% | 11.9% | 22.3% | 17.8% | 5.2% | 15.2% | 47.4% | 51.8% | 39.4% | 45.0% | 37.0% | 56.0% | ||
| 2.00 | 1.93 | 2.27 | 4.06 | 2.50 | 4.14 | 2.93 | 2.23 | 2.30 | 3.32 | 0.84 | 0.79 | 2.34 | 1.99 | 1.54 | 1.79 | 2.07 | 2.43 | ||
| 1.90 | 1.80 | 1.62 | 2.54 | 1.37 | 3.11 | 1.90 | 1.46 | 1.52 | 2.08 | 0.51 | 0.67 | 2.13 | 1.71 | 1.32 | 1.56 | 1.85 | 2.24 | ||
| - | - | - | 21.98 | 3.41 | 7.87 | 6.32 | 7.37 | 3.47 | 4.61 | 18.03 | 5.51 | 1.07 | 0.93 | 1.54 | 1.22 | 1.71 | 0.79 | ||
| - | - | - | -286.7% | 27.5% | 5.0% | 18.6% | 3.7% | 38.6% | 89.3% | 34.4% | -147.8% | 15.7% | 14.8% | 15.0% | 14.7% | -41.1% | -29.1% | ||
| -28.0% | -21.3% | -11.0% | -12.4% | 6.2% | 0.6% | 2.5% | 0.4% | 8.6% | 15.9% | 1.8% | -22.4% | 7.5% | 7.6% | 5.9% | 6.6% | -15.2% | -16.3% | ||
| -1.21 | -2.90 | -3.79 | -6.32 | 16.96 | 6.98 | 10.94 | 9.14 | 17.73 | 22.04 | 14.24 | -1.79 | - | - | - | - | - | - | ||
| 386 days | 190 days | 205 days | 187 days | 71 days | 184 days | 123 days | 175 days | 92 days | 109 days | 130 days | 87 days | - | - | - | - | - | - | ||
| 168 days | 115 days | 183 days | 70 days | 71 days | 65 days | 87 days | 130 days | 75 days | 54 days | 124 days | 90 days | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 176 | 180 | 182 | 190 | 179 |
| full-time | 154 | 153 | 161 | 167 | 162 |
| part-time | 22 | 27 | 21 | 23 | 17 |
| in full-time equivalents | 170.7 | 174.4 | 177.2 | 183.8 | 175.2 |
| 170.4 | 169 | 183 | 180.3 | 172.6 | |
| On a permanent contract | 176 | 180 | 182 | 190 | 179 |
| Joined | 25 | 34 | 24 | 38 | 36 |
| Left | 29 | 36 | 32 | 27 | 27 |
| Agency workers, average number | 16 | 10.1 | 6.8 | 5.1 | 8.4 |
| Training hours | 682 | 2,137 | 6,886 | 4,577 | 2,590 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue social security (RSZ) debts | - | - | €334,431 | €449,126 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4.9m | €5.2m | €8.8m | €5.4m | €4.4m |
| Intangible fixed assets | €507,185 | - | - | - | - |
| Financial fixed assets | €0 | - | - | €976,506 | - |
| €5.5m | €4.7m | €4.7m | €4.4m | €4.4m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The auditor is BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | €47,610 | €45,000 | €46,942 | €46,942 | €34,000 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
The operating result for 2025 is a loss of €9.7m, larger than the loss of €8.3m in 2024. It is the lowest result since 2008.
Equity is negative. Debt (€74.3m) exceeds the balance-sheet total (€46.7m).
Source: parent in its own accounts
| Oqton Belgium
registered office since 29-11-2016 · founded in 2016 · accounts filed late |
35 FTE (2023) 0666.757.709 |
| Regionaal Ziekenhuis Heilig Hart Tienen via Paul Van Dun, at LayerWise until 2014 · Director · deed of 10-01-2024 founded in 1971 |
710 FTE (2025) |
| GEMMA FRISIUS-FONDS KU LEUVEN via Paul Van Dun, at LayerWise until 2014 · Chair of the board · deed of 06-07-2020 founded in 2002 |
total assets €57.2m (2025) |
| nexuzhealth via Paul Van Dun, at LayerWise until 2014 · Director · deed of 23-05-2023 founded in 2016 |
271 FTE (2025) |
| Leuven Connected via Paul Van Dun, at LayerWise until 2014 · Class A director · deed of 22-12-2022 founded in 2022 |
total assets €39.1m (2025) |
| Confo Therapeutics via VLAAMS INNOVATIEFONDS, at LayerWise until 2014 · Investor director · deed of 18-01-2016 founded in 2015 |
59 FTE (2025) |
| Biotalys via VLAAMS INNOVATIEFONDS, at LayerWise until 2014 · Director · deed of 17-01-2013 founded in 2013 |
58 FTE (2025) |
| Community Building Arenberg via Paul Van Dun, at LayerWise until 2014 · Director · deed of 27-09-2024 founded in 2024 |
total assets €7.6m (2025) |
| EconCore via Paul Van Dun, at LayerWise until 2014 · Director · deed of 18-10-2021 founded in 2005 |
2.8 FTE (2026) |
| Zeopore Technologies via Paul Van Dun, at LayerWise until 2014 · Director (not named in the articles) · deed of 22-09-2020 founded in 2018 |
total assets €1.5m (2025) |
| Energyville via Paul Van Dun, at LayerWise until 2014 · Director · deed of 27-01-2021 |
founded in 2021 |
| QUEST FOR GROWTH via Paul Van Dun, at LayerWise until 2014 · Independent director · deed of 08-06-2023 |
founded in 1998 |
This company merged into LayerWise on 11-09-2025.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Grauwmeer 14 registered office 3001 Leuven 2344001 Manufacture of other non-metallic mineral products | 14-04-2008 | 2.170.312.345 |
| 30-04-2025 | Granted | Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 28-10-2024 · project 2023061529 | Leuven |
| 11-02-2022 | Granted | Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 06-10-2021 · project 2021075058 | Leuven |
| 03-06-2021 | Granted | Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 16-02-2021 · project 2021028456 | Provincie Vlaams-Brabant |
| 23-04-2021 | Discontinued | Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 16-02-2021 · project 2021027000 | Leuven |
| 05-08-2020 | Discontinued | Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 07-07-2020 · project 2020084842 | Provincie Vlaams-Brabant |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24514B0175/00G000 | 1.1 ha | 1 · 3,935 m² | 11.6 m · 3 |
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