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WEASEL

Active
Private limited companyfounded 2020active for 6 yearsWezelhof 19, 2400 Mol, BelgiumKBO/BCE: BE 0754.670.886

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 24-02-2026 PDF all 6 filings

Turnover
≈ €160,000
Estimated: probably between €140,000 and €190,000
Total assets
€113,955▲ 56.1%
2024 · €73,007
Net result
€46,788▲ 59.8%
2024 · €29,284
Working capital
-€38,460▼ 125%
2024 · -€17,088
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is 54% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.

Operating result€64,925 2025 Net result€46,788 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€7,359-€7,959▲ 8.2%€3,322▼ 58.3%€59,506▲ 18×€42,059▼ 29.3%€64,925▲ 54.4%
Net result€5,901within the sector's middle half-€6,157within the sector's middle half▲ 4.3%€2,284below the sector's middle half▼ 62.9%€45,736within the sector's middle half▲ 20×€29,284within the sector's middle half▼ 36.0%€46,788within the sector's middle half▲ 59.8%
Equity€8,901below the sector's middle half-€15,058below the sector's middle half▲ 69.2%€17,342below the sector's middle half▲ 15.2%€63,079within the sector's middle half▲ 264%€3,000below the sector's middle half▼ 95.2%€3,000below the sector's middle half=
Total assets€14,029below the sector's middle half-€20,644below the sector's middle half▲ 47.2%€22,170below the sector's middle half▲ 7.4%€127,315within the sector's middle half▲ 474%€73,007within the sector's middle half▼ 42.7%€113,955within the sector's middle half▲ 56.1%
Debt€5,127-€5,586▲ 8.9%€4,828▼ 13.6%€64,236▲ 13×€70,007▲ 9.0%€110,955▲ 58.5%
Working capital€4,943below the sector's middle half-€12,057below the sector's middle half▲ 144%€15,298within the sector's middle half▲ 26.9%€45,860within the sector's middle half▲ 200%-€17,088below the sector's middle half-€38,460below the sector's middle half▼ 125%
Solvency63.5%within the sector's middle half-72.9%within the sector's middle half▲ 9.5pp78.2%within the sector's middle half▲ 5.3pp49.5%within the sector's middle half▼ 28.7pp4.1%below the sector's middle half▼ 45.4pp2.6%below the sector's middle half▼ 1.5pp
Current ratio1.96within the sector's middle half-3.16within the sector's middle half▲ 1.194.17within the sector's middle half▲ 1.012.72within the sector's middle half▼ 1.450.60below the sector's middle half▼ 2.130.59below the sector's middle half▼ 0.01
Return on assets (ROA)42.1%above the sector's middle half-29.8%above the sector's middle half▼ 12.2pp10.3%within the sector's middle half▼ 19.5pp35.9%above the sector's middle half▲ 25.6pp40.1%above the sector's middle half▲ 4.2pp41.1%above the sector's middle half▲ 0.9pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113,955
Fixed assets €58,981 ▲ 23.2%
Current assets €54,975 ▲ 119%
Equity and liabilities €113,955
Equity €3,000 =
Debt €110,955 ▲ 58.5%
Debt's share of the balance-sheet total rises from 95.9% to 97.4%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€75,538▲
2024 · €55,671
Cash flow
€57,401▲
2024 · €42,897
Quick ratio
0.56▲
2024 · 0.54
Debt to equity
36.99▲
2024 · 23.34
Interest coverage
16.36▼
2024 · 30.77
Debt ≤ 1 year
€93,435▲
2024 · €42,238
Debt > 1 year
€16,893▼
2024 · €27,040
Income taxes
€13,519▲
2024 · €10,967
Staff costs
€2,609▲
2024 · €1,258
A ratio outside any meaningful range has been withheld (balance sheet total €113,955, equity €3,000).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets-€61,016€6,625€60,152
Financial fixed assets---€0
Depreciation and write-downs of the year€957€8,217€13,612€10,614

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as WEASEL: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €101,000 and €121,000, founded between 2019 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
WEASEL Mol2020€113,955€3,000€101,374€46,7882025
JS Enterprise Mol2020€114,336€84,173€107,588€75,1062025
Since 21 Antwerpen2021€109,288€1,000€92,250€67,2062025
Tekhee Antwerpen2021€100,530€8,408€106,164€77,9172025
TIGER CONSULT Antwerpen2019€106,168€2,254€107,167€72,1682025
ARIS CONSULT Antwerpen2021€121,379€9,986€89,859€61,7042025
Studio Maak Kalmthout2020€115,724€2,500€116,280€75,5932025

They were chosen from the 18,968 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,153 companies had the same profile as WEASEL has now. Two years later, 1.7% had gone bankrupt and 96.1% were still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96.1% was still going

The bankruptcy probability of WEASEL itself is lower: 0.2% within 12 months. It rests on far more data about WEASEL than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,153 companies, not a prediction for WEASEL. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines

Source: Annual accounts 2025 (PDF), filed on 24-02-2026.

Balance sheet Code20242025
Assets
Total assets20/58€73,007€113,955▲
Fixed assets21/28€47,856€58,981▲
Tangible fixed assets22/27€47,856€58,981▲
Plant, machinery and equipment23€1,116€1,567▲
Furniture and vehicles24€46,740€57,414▲
Current assets29/58€25,151€54,975▲
Stocks and contracts in progress3€2,438€2,397▼
Stocks30/36€2,438€2,397▼
Amounts receivable within one year40/41€7,300€45,081▲
Trade receivables40€5,420€45,049▲
Other amounts receivable41€1,879€33▼
Cash at bank and in hand54/58€3,599€3,456▼
Deferred charges and accrued income490/1€11,814€4,040▼
Equity and liabilities
Total equity and liabilities10/49€73,007€113,955▲
Equity10/15€3,000€3,000=
Contributions10/11€3,000€3,000=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€0€0=
Amounts payable17/49€70,007€110,955▲
Amounts payable after more than one year17€27,040€16,893▼
Financial debts170/4€27,040€16,893▼
Amounts payable within one year42/48€42,238€93,435▲
Current portion of amounts payable after more than one year42€9,762€10,148▲
Trade debts44€186€899▲
Suppliers440/4€186€899▲
Taxes, remuneration and social security45€0€10,256▲
Taxes450/3€0€10,256▲
Other amounts payable47/48€32,290€72,132▲
Accrued charges and deferred income492/3€728€628▼
Income statement Code20242025
Remuneration, social security and pensions62€1,258€2,609▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,612€10,614▼
Other operating charges640/8€304€23,227▲
Gross operating margin9900€57,233€101,374▲
Operating profit (loss)9901€42,059€64,925▲
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€1,809€4,618▲
Recurring financial charges65€1,809€4,618▲
Profit (loss) for the period before taxes9903€40,252€60,306▲
Income taxes67/77€10,967€13,519▲
Profit (loss) for the period9904€29,284€46,788▲
Profit (loss) for the period to be appropriated9905€29,284€46,788▲
Appropriation of the result
Profit (loss) to be appropriated9906€29,284€46,788▲
Transfer from equity791/2€60,079€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€89,363€46,788▼
Return on contributions (dividend)694€89,363€46,788▼

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line202020212022202320242025Change
Remuneration, social security and pensions62--€124€128€1,258€2,609▲ 107%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€113€957€957€8,217€13,612€10,614▼ 22.0%
Other operating charges640/8--€271€292€304€23,227▲ 77×
Gross operating margin9900€7,562€9,252€4,674€68,143€57,233€101,374▲ 77.1%
Operating profit (loss)9901€7,359€7,959€3,322€59,506€42,059€64,925▲ 54.4%
Financial income75/76B--€0€75€2€0▼ 100%
Recurring financial income75-€0€0€75€2€0▼ 100%
Financial charges65/66B--€278€1,892€1,809€4,618▲ 155%
Recurring financial charges65€49€189€278€1,892€1,809€4,618▲ 155%
Profit (loss) for the period before taxes9903€7,310€7,770€3,043€57,688€40,252€60,306▲ 49.8%
Income taxes67/77€1,408€1,614€759€11,952€10,967€13,519▲ 23.3%
Profit (loss) for the period9904€5,901€6,157€2,284€45,736€29,284€46,788▲ 59.8%
Profit (loss) for the period to be appropriated9905€5,901€6,157€2,284€45,736€29,284€46,788▲ 59.8%
Line202020212022202320242025Change
Assets
Total assets20/58€14,029€20,644€22,170€127,315€73,007€113,955▲ 56.1%
Fixed assets21/28€3,958€3,001€2,044€54,843€47,856€58,981▲ 23.2%
Tangible fixed assets22/27€3,958€3,001€2,044€54,843€47,856€58,981▲ 23.2%
Plant, machinery and equipment23--€1,696€1,877€1,116€1,567▲ 40.4%
Furniture and vehicles24--€347€52,966€46,740€57,414▲ 22.8%
Current assets29/58€10,070€17,643€20,126€72,472€25,151€54,975▲ 119%
Stocks and contracts in progress3€300€1,650€2,100€2,250€2,438€2,397▼ 1.7%
Stocks30/36--€2,100€2,250€2,438€2,397▼ 1.7%
Amounts receivable within one year40/41€9,033€7,772€3,074€20,374€7,300€45,081▲ 518%
Trade receivables40--€0€11,845€5,420€45,049▲ 731%
Other amounts receivable41--€3,074€8,529€1,879€33▼ 98.3%
Cash at bank and in hand54/58€738€8,096€14,824€4,994€3,599€3,456▼ 4.0%
Deferred charges and accrued income490/1--€128€44,854€11,814€4,040▼ 65.8%
Equity and liabilities
Total equity and liabilities10/49€14,029€20,644€22,170€127,315€73,007€113,955▲ 56.1%
Equity10/15€8,901€15,058€17,342€63,079€3,000€3,000=
Contributions10/11--€3,000€3,000€3,000€3,000=
Reserves13€5,901€12,058€14,342€60,079€0--
Distributable reserves133--€14,342€60,079€0--
Profit (loss) carried forward14----€0€0-
Amounts payable17/49€5,127€5,586€4,828€64,236€70,007€110,955▲ 58.5%
Amounts payable after more than one year17---€36,802€27,040€16,893▼ 37.5%
Financial debts170/4---€36,802€27,040€16,893▼ 37.5%
Amounts payable within one year42/48€5,127€5,586€4,828€26,612€42,238€93,435▲ 121%
Current portion of amounts payable after more than one year42---€9,391€9,762€10,148▲ 3.9%
Trade debts44€445€1,729€712€1,145€186€899▲ 384%
Suppliers440/4--€712€1,145€186€899▲ 384%
Taxes, remuneration and social security45--€58€166€0€10,256-
Taxes450/3--€58€166€0€10,256-
Other amounts payable47/48--€4,058€15,910€32,290€72,132▲ 123%
Accrued charges and deferred income492/3---€822€728€628▼ 13.7%
Line202020212022202320242025Change
Profit (loss) for the period9904€5,901€6,157€2,284€45,736€29,284€46,788▲ 59.8%
+ Depreciation and write-downs630€113€957€957€8,217€13,612€10,614▼ 22.0%
Operating cash flow (approximation)€6,015€7,114€3,242€53,954€42,897€57,401▲ 33.8%
Investment in fixed assets (approximation)-€0€0-€61,016-€6,625-€21,739▼ 228%
Change in cash-€7,358€6,728-€9,830-€1,395-€143▲ 89.7%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 micro format 24-02-2026 2026-00043589 PDF
31-12-2024 micro format 26-02-2025 2025-00039639 PDF
31-12-2023 micro format 26-03-2024 2024-00050084 PDF
31-12-2022 micro format 27-02-2023 2023-00032002 PDF
31-12-2021 micro format 18-03-2022 2022-07900534 PDF
31-12-2020 micro format 27-04-2021 2021-11400346 PDF

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