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WEGRO

Active
Public limited companyfounded 2007active for 19 yearsHavinkbeekstraat(VER) 3, 9130 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0891.885.108
Summary

WEGRO has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €333,906. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 85% of 33 sector peers (NACE 39, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Remediation activities and other waste management service activities
NACE 39000Waste collection, recovery and disposal activities NACE 38110
#2 company by equity in East Flanders, Remediation sector1 site
Size
€3.2mtotal assets 2025
Staff
2.7 FTE
Equity
€2.2m
Profit
€333,906
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
VERBRAEKEN DRILLING INFRA · 100%
Auditor: KPMG Bedrijfsrevisoren BV/SRLAccounts 7 days early1 of 11 deeds read
Why 96lowers riskLiquidity: current ratio 3.71, cash €733,191Figures for financial year 2025 (filed 27-04-2026)Size: 2.7 FTE, total assets €3.2mFounded in 2007Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 39, micro)
Financial strength · tick = 2024
Strong
Solvency 95=
equity 69.9% of total assets
Liquidity 70+5
short-term debt 23.7% · cash 22.9%
Profitability 82-16
return on assets 10.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (92 companies, NACE 39, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.4%▲ +0.3 percentage points vs 11-2024 01-2025: 2.4%▲ +1.0 percentage point vs 12-2024highest value 02-2025: 2.4%● unchanged vs 01-2025highest value 03-2025: 2.3%▼ -0.1 percentage points vs 02-2025 04-2025: 2.1%▼ -0.2 percentage points vs 03-2025 05-2025: 0.1%▼ -2.0 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.71, compared with 3.29 in 2024; short-term debt: 23.7% and cash: 22.9% of total assets), and 30.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 39, micro): better than 80% on solvency, 77% on liquidity, 61% on profitability and 56% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.71, cash €733,191
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 27-04-2026)
NBB · annual accounts
lowers risk · Size: 2.7 FTE, total assets €3.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2007
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
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 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
5 days early
2022
12 days early
2021
34 days early
2020
11 days early
2019
25 days early
2018
35 days 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 18 days before the deadline; the sector median (NACE 39) for financial year 2024 is 9 days before the deadline, and 34% 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.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end11-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Permanent representative: Tim VermeirenAppointment: KPMG Bedrijfsrevisoren BV/SRL (statutory…
  3. Equity above €2mequity €2.2m ▲17.5%

Key points

  • Positive: Company by equity in East Flanders, Remediation sectorin the Checked rankings #2 View
  • Caution: Result fell in 2025from €640,236 to €333,906 ▼ 47.8% View
  • Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
  • Controlled by VERBRAEKEN DRILLING INFRAultimately: We Connect Infra 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €333,906 7 years View

By topic

Financials

Financial year
2025
Total assets
€3.2m
Profit
€333,906
Solvency
69.9%
Turnover▼ 100%
Net result
20222024
Go to Financials

Board & ownership

Parent
VERBRAEKEN DRILLING INFRA · 100%
Auditor
KPMG Bedrijfsrevisoren BV/SRL
Go to Board & ownership

Timeline

Events
21
Since
2009
Next accounts
by 30-04-2027
  1. 25-04-2025Annual accounts filed
  2. 30-09-2024Highest result from 2018 to 2025
  3. 19-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Remediation activities and other waste management service activitiesNACE 39000
Founded
06-09-2007
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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