Equity
€776,550 ▲ 37.5%
WEEMAES has made a profit in every financial year since 2013.
WEEMAES
Lifetime
13 annual accounts with figures on one time axispeak €4.4m (2025)
€4.4m▲ 8.8%
peak €211,644 (2025)
€211,644▲ 273%
peak €776,550 (2025)
€776,550▲ 37.5%
€2.6m▼ 13.0%
peak 48.9 FTE (2024)
47.9 FTE▼ 2.0%
Board3 names since 2021
1 directorWMA
Owners
50%WMA
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Result from €56,705 to €211,644Equity from €564,906 to €776,550Cash from €472,251 to €143,082
Key points
from the 2025 annual accountsResult
€211,644 ▲ 273%
The result rose in 2025 from €56,705 to €211,644.
Debts
€2.6m 77% of the balance sheet
Financial debts 53%Suppliers 18%Taxes and wages 11%Other 18%
Of this, €2.0m falls due within a year.
Staff
55 employees on 30-09-2025
In 2025, 188 people joined and 185 left.
Filings
13 annual accounts since 2013
The 2017 accounts came 1 day late. The other nine of the last ten were filed on time.
Position in the sector
€211,644
Higher net result than 88% of companies in specialised construction. Sector median €26,691 · 9,959 companies.
Checked score
82
Excellent
Financially stronger than 48% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.8%▲ +0.1 percentage points vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.9%▲ +0.1 percentage points vs 02-2025
04-2025: 1.2%▲ +0.3 percentage points vs 03-2025highest value
05-2025: 0.5%▼ -0.7 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.6%▲ +0.1 percentage points vs 11-2025
01-2026: 0.7%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.3 percentage points vs 03-2026
05-2026: 0.5%▼ -0.5 percentage points vs 04-2026lowest value
06-2026: 0.5%● unchanged vs 05-2026lowest value
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Equity €776,550 (23.2% of total assets)
Liquidity: current ratio 0.99, cash €143,082, halved
lowers risk
Figures for financial year 2025 (filed on 30-04-2026)
Calculation
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 43, small). It does better than 26% of them on solvency, 17% on liquidity, 63% on profitability and 88% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as WEEMAES has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of WEEMAES itself: 0.5% within 12 months.
Test of the method
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 2,609 companies, not a prediction for WEEMAES. 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.
Credit verdict
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.99 (0.89 in 2024), below 1. Short-term debt is 58.3% and cash 4.3% of total assets. 76.8% of the assets are financed with debt and provisions.
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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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9967 sector peers (2025).
NBB · sector comparisonPosition among 9967 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0849314875
Amendment of the articles · Legal-form change
General meeting of 14-09-2023 · Gazette deed
1 director appointed, 2 resignations
Resignations: Tim Weemaes and Michlel Weemaes · Appointment: WMA · Permanent representative: Michiel Weemaes · General meeting of 22-12-2022 · Gazette deed
Registered office moved from Ghent to Gent-Drongen
New registered office: Koninginnelaan 25 te 9031 Gent-Drongen · Previous registered office: Kastanjestraat 105, 9000 Gent · General meeting of 15-06-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WEEMAES Ghent | €3.4m | €4.4m | 23.2% | 47.9 |
| BOULEMBERG Braine-l'Alleud | €3.4m | €3.0m | 34.8% | 39.4 |
| LivoVabo Dendermonde | €4.9m | €5.2m | 54.7% | 51.8 |
| KVA Retail Hulshout | €4.6m | €3.8m | 31.8% | 30.9 |
| NEW SIGNATURE Tielt | €4.3m | €3.2m | 36.7% | 31.2 |
| SD Schrijnwerkerij & Interieurbouw Herentals | €4.0m | €3.6m | 52.2% | 34.1 |
| DE COENE INTERIOR DECORATION Kortrijk | €2.5m | €2.6m | -30.3% | 35.5 |
These companies have the same main activity as WEEMAES: joinery installation (NACE 43320). They are comparable in size and age: total assets between €2.5m and €4.9m, founded between 2002 and 2016.
Official details
Source: KBO- Status
- Active since 01-10-2012Normal situation
- Activity
- Joinery installationNACE 43320and 1 other
- Establishment unit
- 2.214.150.1109031 Ghent, since 20-11-2012
- Financial year end
- 30 September
- Peppol
- Reachable since 01-10-2025
Annual accounts to 30-09-2025
- ≈ €12.0mestimated
- €3.4m▼ 4.9%
- Employeeson 30-09-2025
- 55▲ 5.8%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on WEEMAES
WEEMAES files the abbreviated format. That format states no turnover. The gross margin rose from €20,628 in 2013 to €4.4m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WEEMAES
- What is the company number of WEEMAES?
- The company number of WEEMAES is 0849.314.875. The VAT number is the same number with BE in front: BE 0849.314.875.
- Where is WEEMAES based?
- The registered office is at Koninginnelaan 25, 9031 Ghent.Company details
- What does WEEMAES do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of WEEMAES?
- WEEMAES is a private limited company (BV).
- When was WEEMAES founded?
- WEEMAES was founded on 01-10-2012.
- Is WEEMAES still active?
- Yes, WEEMAES is an active enterprise in the KBO register.
- How many employees does WEEMAES have?
- WEEMAES had an average of 47.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of WEEMAES?
- The turnover in financial year 2025 is ≈ €12.0m. This figure is estimated from the gross margin of €4.4m and 67 comparable companies (NACE 43). It probably lies between €9.5m and €17.0m.
- Is WEEMAES profitable?
- In financial year 2025, WEEMAES made a profit of €211,644.
- Where can I find the annual accounts of WEEMAES?
- WEEMAES filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WEEMAES due?
- WEEMAES must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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