Wegrico
ActiveSummary
Wegrico has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,345 and a net result of €89,345. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 1033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
What stands out
Overview
0 of 1 deed readAccounts 120 d earlyTurnover not published (abridged schema)
Why 51- Limited track record- Higher-failure-rate sector- Weak solvency vs sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency36▼-64
Growth58▲+6
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.46 against 2.86 in 2024; short-term debt: 88.5% and cash: 9.9% of total assets), and 88.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.5%
Return on assets
53%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1033 sector peers (2025).
NBB · sector comparisonPosition among 1033 sector peers
Solvency
better than 15%
← weakest
strongest →
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 02-04-2026, 120 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
120 d early
2024
125 d early
2023
30 d early
2022
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 80 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% 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 10 May (3 of the last 4 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2022net €89,345 ▲48.3%
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €168,516Profit €89,345Solvency 11.5%Liquidity 0.46
Total assets
€168,516▼ 28.5%
2022 - 2025
Net result
€89,345▲ 48.3%
2022 - 2025
Equity
€19,345▼ 89.5%
2022 - 2025
Solvency
11.5%▼ 66.6pp
2022 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€98,614-€61,625▼ 37.5%€81,250▲ 31.8%€109,025▲ 34.2%
Net result€72,336above the sector's middle half-€46,415above the sector's middle half▼ 35.8%€60,261above the sector's middle half▲ 29.8%€89,345above the sector's middle half▲ 48.3%
Equity€77,336within the sector's middle half-€123,751within the sector's middle half▲ 60.0%€184,012above the sector's middle half▲ 48.7%€19,345within the sector's middle half▼ 89.5%
Total assets€162,225within the sector's middle half-€179,422within the sector's middle half▲ 10.6%€235,600within the sector's middle half▲ 31.3%€168,516within the sector's middle half▼ 28.5%
Debt€84,889-€55,672▼ 34.4%€51,588▼ 7.3%€149,171▲ 189%
Working capital€37,218within the sector's middle half-€83,987above the sector's middle half▲ 126%€95,876above the sector's middle half▲ 14.2%-€80,333below the sector's middle half
Solvency47.7%within the sector's middle half-69.0%above the sector's middle half▲ 21.3pp78.1%above the sector's middle half▲ 9.1pp11.5%below the sector's middle half▼ 66.6pp
Current ratio1.72within the sector's middle half-3.03above the sector's middle half▲ 1.312.86within the sector's middle half▼ 0.170.46below the sector's middle half▼ 2.40
Return on assets (ROA)44.6%above the sector's middle half-25.9%above the sector's middle half▼ 18.7pp25.6%above the sector's middle half▼ 0.3pp53.0%above the sector's middle half▲ 27.4pp
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, 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 and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168,516
Fixed assets
€99,678 ▲ 13.1%
Current assets
€68,838 ▼ 53.3%
Equity and liabilities €168,516
Equity
€19,345 ▼ 89.5%
Debt
€149,171 ▲ 189%
Debt's share of the balance-sheet total rises from 21.9% to 88.5%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
€132,854▲
2024 · €98,908
Cash flow
€113,174▲
2024 · €77,920
Debt to equity
7.71▲
2024 · 0.28
ROE
461.9%▲
2024 · 32.7%
Interest coverage
500.33▲
2024 · 33.23
Debt ≤ 1 year
€149,171▲
2024 · €51,588
Income taxes
€23,632▲
2024 · €19,022
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
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 1.4% 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 497,341 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 6,713 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.
Filed annual accounts
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,424 | €20,819 | €17,659 | €23,829 | ▲ 34.9% |
| Other operating charges640/8 | €4,664 | €1,655 | €17,778 | €2,686 | ▼ 84.9% |
| Gross operating margin9900 | €130,703 | €84,098 | €116,686 | €135,540 | ▲ 16.2% |
| Operating profit (loss)9901 | €98,614 | €61,625 | €81,250 | €109,025 | ▲ 34.2% |
| Financial income75/76B | €113 | €102 | €1,010 | €4,218 | ▲ 317% |
| Recurring financial income75 | €113 | €102 | €1,010 | €4,218 | ▲ 317% |
| Financial charges65/66B | €1,561 | €1,274 | €2,977 | €266 | ▼ 91.1% |
| Recurring financial charges65 | €1,561 | €1,274 | €2,977 | €266 | ▼ 91.1% |
| Profit (loss) for the period before taxes9903 | €97,167 | €60,453 | €79,283 | €112,977 | ▲ 42.5% |
| Income taxes67/77 | €24,831 | €14,039 | €19,022 | €23,632 | ▲ 24.2% |
| Profit (loss) for the period9904 | €72,336 | €46,415 | €60,261 | €89,345 | ▲ 48.3% |
| Profit (loss) for the period to be appropriated9905 | €72,336 | €46,415 | €60,261 | €89,345 | ▲ 48.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €162,225 | €179,422 | €235,600 | €168,516 | ▼ 28.5% |
| Fixed assets21/28 | €73,185 | €54,026 | €88,136 | €99,678 | ▲ 13.1% |
| Tangible fixed assets22/27 | €73,185 | €54,026 | €88,136 | €99,678 | ▲ 13.1% |
| Plant, machinery and equipment23 | €5,233 | €5,330 | €3,277 | €1,225 | ▼ 62.6% |
| Furniture and vehicles24 | €67,952 | €48,696 | €84,858 | €70,754 | ▼ 16.6% |
| Other tangible fixed assets26 | - | - | - | €27,698 | - |
| Current assets29/58 | €89,040 | €125,396 | €147,464 | €68,838 | ▼ 53.3% |
| Amounts receivable within one year40/41 | €20,739 | €27,581 | €41,211 | €37,225 | ▼ 9.7% |
| Trade receivables40 | €20,570 | €26,620 | €39,930 | €37,225 | ▼ 6.8% |
| Other amounts receivable41 | €169 | €961 | €1,281 | - | - |
| Current investments50/53 | €15,113 | €57,208 | €69,303 | €8,000 | ▼ 88.5% |
| Cash at bank and in hand54/58 | €28,188 | €33,835 | €30,178 | €16,603 | ▼ 45.0% |
| Deferred charges and accrued income490/1 | €25,000 | €6,772 | €6,772 | €7,010 | ▲ 3.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €162,225 | €179,422 | €235,600 | €168,516 | ▼ 28.5% |
| Equity10/15 | €77,336 | €123,751 | €184,012 | €19,345 | ▼ 89.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €72,336 | €118,751 | €179,012 | €14,345 | ▼ 92.0% |
| Distributable reserves133 | €72,336 | €118,751 | €179,012 | €14,345 | ▼ 92.0% |
| Amounts payable17/49 | €84,889 | €55,672 | €51,588 | €149,171 | ▲ 189% |
| Amounts payable after more than one year17 | €33,067 | €14,263 | - | - | - |
| Financial debts170/4 | €33,067 | €14,263 | - | - | - |
| Amounts payable within one year42/48 | €51,822 | €41,409 | €51,588 | €149,171 | ▲ 189% |
| Current portion of amounts payable after more than one year42 | €39,653 | €23,929 | €19,400 | - | - |
| Trade debts44 | €2,839 | €2,062 | €4,064 | €996 | ▼ 75.5% |
| Suppliers440/4 | €2,839 | €2,062 | €4,064 | €996 | ▼ 75.5% |
| Taxes, remuneration and social security45 | €3,304 | €4,697 | €15,114 | €1,283 | ▼ 91.5% |
| Taxes450/3 | €3,304 | €4,697 | €15,114 | €1,283 | ▼ 91.5% |
| Other amounts payable47/48 | €6,027 | €10,721 | €13,009 | €146,891 | ▲ 1,029% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,336 | €46,415 | €60,261 | €89,345 | ▲ 48.3% |
| + Depreciation and write-downs630 | €27,424 | €20,819 | €17,659 | €23,829 | ▲ 34.9% |
| Operating cash flow (approximation) | €99,760 | €67,234 | €77,920 | €113,174 | ▲ 45.2% |
| Investment in fixed assets (approximation) | - | -€1,660 | -€51,768 | -€35,371 | ▲ 31.7% |
| Change in cash | - | €5,647 | -€3,657 | -€13,574 | ▼ 271% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 337 companies in this sector we hold annual accounts for 149. 96 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
8 eventsLatest 02-04-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €89,345 ▲48.3%
Operating result €109,025, net result €89,345, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150,000Eq €184,012 ▲48.7%
3 profitable years in a row build equity to €184,012.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €46,415 ▼35.8%
Net result drops to €46,415, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €123,751 ▲60%
2 profitable years in a row build equity to €123,751.
17-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 18-01-2021Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded18-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
42219Civil engineering
42110Construction of roads and motorways
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761735456
Also
9925:BE0761735456
Registered
26-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Meerhout · 1 establishment unit since 2021
Ground area
707 m²
Building footprint
158 m²
Volume, LiDAR
815 m³
Parcel 13462C1894/00L002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wegrico
since 2021unit no. 2.312.254.029
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13462C1894/00L002 | Flanders | 707 m² | 1 · 158 m² | 8.6 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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