WEA-RS
ActiveSummary
WEA-RS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,819 and a net result of -€9,297. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 41% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2023
Profitability0▼-11
Solvency64▼-36
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.64 against 4.29 in 2023; short-term debt: 61.1% of total assets), but 61.1% of the assets are financed with debt.
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Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
38.9%
Return on assets
-22.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2023
13 d late
2022
31 d early
2021
8 d late
2020
12 d early
2019
59 d early
2018
57 d early
← 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 21 days before the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% 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 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€15,819▼ 49.8%
2023 · €31,501
Total assets
€40,674▼ 1.0%
2023 · €41,080
Net result
-€9,297▼ 114%
2023 · -€4,345
Working capital
€15,819▼ 49.8%
2023 · €31,501
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20202021202220232025
Operating result€6,878▲ 264%€1,775▼ 74.2%-€9,100-€3,746▲ 58.8%-€9,235-
Net result€5,846within the sector's middle half▲ 538%€1,777within the sector's middle half▼ 69.6%-€9,208below the sector's middle half-€4,345below the sector's middle half▲ 52.8%-€9,297below the sector's middle half-
Equity€43,277within the sector's middle half▲ 15.6%€45,054within the sector's middle half▲ 4.1%€35,846within the sector's middle half▼ 20.4%€31,501within the sector's middle half▼ 12.1%€15,819below the sector's middle half-
Total assets€109,286within the sector's middle half▲ 14.5%€46,865below the sector's middle half▼ 57.1%€45,029below the sector's middle half▼ 3.9%€41,080below the sector's middle half▼ 8.8%€40,674below the sector's middle half-
Debt€66,009▲ 13.8%€1,811▼ 97.3%€9,183▲ 407%€9,580▲ 4.3%€24,856-
Working capital€43,277within the sector's middle half▲ 15.6%€45,054within the sector's middle half▲ 4.1%€35,846within the sector's middle half▼ 20.4%€31,501within the sector's middle half▼ 12.1%€15,819within the sector's middle half-
Solvency39.6%within the sector's middle half▲ 0.4pp96.1%above the sector's middle half▲ 56.5pp79.6%above the sector's middle half▼ 16.5pp76.7%above the sector's middle half▼ 2.9pp38.9%within the sector's middle half-
Current ratio1.66within the sector's middle half▲ 0.0125.87above the sector's middle half▲ 24.224.90above the sector's middle half▼ 20.974.29above the sector's middle half▼ 0.621.64within the sector's middle half-
Return on assets (ROA)5.3%within the sector's middle half▲ 4.4pp3.8%within the sector's middle half▼ 1.6pp-20.4%below the sector's middle half▼ 24.2pp-10.6%below the sector's middle half▲ 9.9pp-22.9%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 is -€9,235 in 2025, compared with -€3,746 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Equity and liabilities €40,674
Equity
€15,819 ▼ 49.8%
Debt
€24,856 ▲ 159%
Debt's share of the balance-sheet total rises from 23.3% to 61.1%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
1.57▲
2023 · 0.30
ROE
-58.8%▼
2023 · -13.8%
Debt ≤ 1 year
€24,856▲
2023 · €9,580
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
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 4,805 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €449 | €574 | €493 | €691 | - |
| Gross operating margin9900 | €7,326 | €2,224 | -€8,526 | -€3,252 | -€8,544 | - |
| Operating profit (loss)9901 | €6,878 | €1,775 | -€9,100 | -€3,746 | -€9,235 | - |
| Financial charges65/66B | - | €48 | €108 | €55 | €63 | - |
| Recurring financial charges65 | €48 | €48 | €108 | €55 | €63 | - |
| Profit (loss) for the period before taxes9903 | €6,830 | €1,727 | -€9,208 | -€3,800 | -€9,297 | - |
| Income taxes67/77 | €984 | -€50 | - | €545 | - | - |
| Profit (loss) for the period9904 | €5,846 | €1,777 | -€9,208 | -€4,345 | -€9,297 | - |
| Profit (loss) for the period to be appropriated9905 | €5,846 | €1,777 | -€9,208 | -€4,345 | -€9,297 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €109,286 | €46,865 | €45,029 | €41,080 | €40,674 | - |
| Current assets29/58 | €109,286 | €46,865 | €45,029 | €41,080 | €40,674 | - |
| Amounts receivable within one year40/41 | €107,477 | €44,999 | €44,986 | €38,939 | €40,674 | - |
| Trade receivables40 | - | - | - | - | €1,255 | - |
| Other amounts receivable41 | - | €44,999 | €44,986 | €38,939 | €39,419 | - |
| Cash at bank and in hand54/58 | €1,809 | €1,865 | €42 | €945 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,197 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €109,286 | €46,865 | €45,029 | €41,080 | €40,674 | - |
| Equity10/15 | €43,277 | €45,054 | €35,846 | €31,501 | €15,819 | - |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Reserves13 | €24,677 | €26,454 | €17,246 | €13,235 | €13,235 | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | €24,594 | €15,386 | €11,375 | €13,235 | - |
| Profit (loss) carried forward14 | - | - | - | -€334 | -€16,016 | - |
| Amounts payable17/49 | €66,009 | €1,811 | €9,183 | €9,580 | €24,856 | - |
| Amounts payable within one year42/48 | €66,009 | €1,811 | €9,183 | €9,580 | €24,856 | - |
| Financial debts43 | - | - | - | - | €9 | - |
| Credit institutions430/8 | - | - | - | - | €9 | - |
| Trade debts44 | €911 | €1,015 | €1,375 | €2,619 | €5,329 | - |
| Suppliers440/4 | - | €1,015 | €1,375 | €2,619 | €5,329 | - |
| Other amounts payable47/48 | - | €796 | €7,808 | €6,961 | €19,517 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,846 | €1,777 | -€9,208 | -€4,345 | -€9,297 | - |
| Operating cash flow (approximation) | €5,846 | €1,777 | -€9,208 | -€4,345 | -€9,297 | - |
| Change in cash | - | €57 | -€1,823 | €903 | - | - |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€9,297
Net result drops to -€9,297, the lowest in the series.
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Liquidity times 16current ratio 25.87
Current ratio from 1.66 to 25.87; short-term debt falls from €66,009 to €1,811.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €5,846 ▲538%
Operating result €6,878, net result €5,846, both a record.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Putte · 1 establishment unit since 2007
Ground area
3,523 m²
Building footprint
389 m²
Volume, LiDAR
2,836 m³
Parcel 12029A0607/00K000, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
WEA-RS
since 20072.163.272.521
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029A0607/00K000 | Flanders | 3,523 m² | 1 · 389 m² | 14.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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FIA E@G
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,429. 4,871 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
Founded31-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0889879879
Also
9925:BE0889879879
Registered
15-12-2025
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.