WEFT2WARP
Annual accounts 2025
micro format, filed on 09-04-2026, 98 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2,300. Estimated: probably between €1,000 and €5,500.
Balance sheet
balance sheet total €26,542 on 16-12-2025Change in equityin euro
Change in cashin euro
Staff
Staff cost per FTE
Staff costs divided by the average number of full-time equivalents.
Joined and left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
Total assets20/58 |
26,542 | 81,279 | 96,166 | |
Fixed assets21/28 |
0 | 3,211 | 5,448 | |
Intangible fixed assets21 |
- | 2,345 | 4,012 | |
Tangible fixed assets22/27 |
0 | 866 | 1,436 | |
Furniture and vehicles24 |
0 | 866 | 1,436 | |
Current assets29/58 |
26,542 | 78,068 | 90,718 | |
Amounts receivable within one year40/41 |
3,452 | 29,373 | 25,075 | |
Trade receivables40 |
0 | 27,453 | 25,075 | |
Other amounts receivable41 |
3,452 | 1,921 | - | |
Cash at bank and in hand54/58 |
23,090 | 48,455 | 65,414 | |
Deferred charges and accrued income490/1 |
- | 239 | 229 | |
| Balance sheet: equity and liabilities | ||||
Total equity and liabilities10/49 |
26,542 | 81,279 | 96,166 | |
Equity10/15 |
10,100 | 10,531 | 60,326 | |
Contributions10/11 |
10,000 | 10,000 | 10,000 | |
Reserves13 |
100 | 531 | 50,326 | |
Distributable reserves133 |
100 | 531 | 50,326 | |
Profit (loss) carried forward14 |
0 | 0 | 0 | |
Amounts payable17/49 |
16,442 | 70,748 | 35,840 | |
Amounts payable within one year42/48 |
16,442 | 70,748 | 32,576 | |
Trade debts44 |
0 | 14,664 | 9,303 | |
Suppliers440/4 |
0 | 14,664 | 9,303 | |
Taxes, remuneration and social security45 |
36 | 22,233 | 22,080 | |
Taxes450/3 |
36 | 11,577 | 8,512 | |
Remuneration and social security454/9 |
0 | 10,655 | 13,568 | |
Other amounts payable47/48 |
16,406 | 33,852 | 1,193 | |
Accrued charges and deferred income492/3 |
- | 0 | 3,264 | |
| Income statement | ||||
Gross operating margin9900 |
299 | 131,621 | 97,835 | |
Remuneration, social security and pensions62 |
-11 | 88,570 | 83,702 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
0 | 2,237 | 1,339 | |
Other operating charges640/8 |
128 | 1,899 | 129 | |
Non-recurring operating charges66A |
0 | - | - | |
Operating profit (loss)9901 |
183 | 38,915 | 12,665 | |
Financial income75/76B |
- | 88 | 0 | |
Recurring financial income75 |
- | 88 | 0 | |
Financial charges65/66B |
47 | 103 | 81 | |
Recurring financial charges65 |
47 | 103 | 81 | |
Profit (loss) for the period before taxes9903 |
136 | 38,900 | 12,584 | |
Income taxes67/77 |
36 | 8,468 | 3,070 | |
Profit (loss) for the period9904 |
100 | 30,432 | 9,514 | |
Profit (loss) for the period to be appropriated9905 |
100 | 30,432 | 9,514 | |
| Appropriation of the result | ||||
Profit (loss) to be appropriated9906 |
100 | 30,432 | 9,514 | |
Transfer from equity791/2 |
0 | 49,795 | - | |
Transfer to equity691/2 |
100 | 0 | 9,514 | |
To other reserves6921 |
100 | 0 | 9,514 | |
Profit to be distributed694/7 |
0 | 80,227 | 0 | |
Return on contributions (dividend)694 |
0 | 80,227 | - | |
Employees696 |
- | - | 0 | |
| Social balance sheet | ||||
Average staff (FTE)9087 |
- | 1 | 1 | |
Hours worked1013 |
- | 1,801 | 1,748 | |
| Document | ||||
The notes to these accounts have 9 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 09-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| EBITDA | 183 | 41,152 | 14,004 | |
| Cash flow | 100 | 32,669 | 10,853 | |
| Investment in fixed assets (approximation) | -3,211 | 0 | 6,210 | |
| Change in cash | -25,365 | -16,959 | - | |
| Working capital | 10,100 | 7,320 | 58,142 | |
| Solvency | 38.1% | 13.0% | 62.7% | |
| Current ratio | 1.61 | 1.10 | 2.78 | |
| Debt to equity | 1.63 | 6.72 | 0.59 | |
| ROE | 1.0% | 289.0% | 15.8% | |
| ROA | 0.4% | 37.4% | 9.9% | |
| Interest coverage | 3.91 | over 100 | over 100 |
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.
Social balance sheet
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| part-time | 0 | 0 | 0 |
| in full-time equivalents | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | - | 1 | 1 |
| On a permanent contract | 1 | 1 | 1 |
| Joined | - | 0 | - |
| Left | - | 0 | - |
| Training hours | - | 0 | - |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
fixed assets acquired| Item | 16-12-2025 | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,210 |
| Intangible fixed assets | - | - | - | €5,000 |
| Depreciation and write-downs of the year | €0 | €2,237 | €2,237 | €1,339 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on WEFT2WARP
The operating result for 2025 is 100% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total falls from 87.0% to 61.9%. Equity and debt are lower.