WER
The computed 12-month bankruptcy probability of WER is 1.0% (low). The 2024 annual accounts show equity of €109k and a net result of €-11k. Equity is shrinking by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 4919 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €109k |
| Net result | €-11k |
| Better than sector | 63% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.7% | 16.7% | |
| Net result | €-11k | €2k | |
| Equity | €109k | €27k | |
| Gross operating margin | €10k | €27k | |
| Total assets | €334k | €302k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €5k |
| Net profit | €-11k |
| Cash flow | €-2k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €334k |
| Equity | €109k |
| Debt | €224k |
| of which ≤ 1y | €7k |
| of which > 1y | €208k |
| Working capital | €9k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.34 |
| Quick ratio | 2.34 |
| Working capital ratio | 2.8% |
| Solvency | 32.7% |
| Debt / equity | 2.05 |
| Long-term debt ratio | 1.91 |
| Interest coverage | 0.75 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.2% |
| ROE | -9.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €334k |
| Fixed assets | 21/28 | €317k |
| Tangible fixed assets | 22/27 | €317k |
| Current assets | 29/58 | €16k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €334k |
| Equity | 10/15 | €109k |
| Contributions / capital | 10/11 | €160k |
| Accumulated profits (losses) | 14 | €-51k |
| Amounts payable | 17/49 | €224k |
| Amounts payable after one year | 17 | €208k |
| Amounts payable within one year | 42/48 | €7k |
| Trade debts payable within one year | 44 | €327 |
| Income statement | ||
| Gross operating margin | 9900 | €10k |
| Operating result | 9901 | €-4k |
| Financial income | 75 | €18 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-11k |
| Net result for the period | 9904 | €-11k |
| Result to be appropriated | 9905 | €-11k |
-
BV MARIEBELLELegal entityDirector· perm. rep.: Baptiste MASSCHELEINState Gazette act 26026591 (23-02-2026)Current22-01-2026 → present
| NACE primary | Real estate activities(68201) |
| Legal form | Private limited company(610) |
| Incorporation | 25-03-2022 |
| Status | Active |
| Postal code | 8930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027F0067/00V002 | Flanders | 2,339 m² | 1 · 569 m² | 0.1 m |
| 34016C0096/00D000 | Flanders | 309 m² | 1 · 191 m² | 12.1 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-02-2026 Baptiste MASSCHELEIN appointed as director
- Baptiste MASSCHELEIN, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Baptiste MASSCHELEIN",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": null,
"name": "BV MARIEBELLE",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2026-01-22",
"evidence_quote": "De enige aandeelhouder beslist om de volgende persoon te benoemen als bestuurder van de vennootschap, dit voor een onbepaalde duur en met ingang vanaf 22 januari 2026: - BV MARIEBELLE, met zetel gelegen te 8930 Menen, leperstraat 434, bus 201, gekend onder RPR Gent, Afdeling Kortrijk, BTW BE-0476.21"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0783.835.719",
"name_full": "WER",
"legal_form": "BV"
}
}28-11-2024 Registered office moved within Kortrijk
- Broelkaai 1, 8500 Kortrijk → Heuleplaats 16, 8501 Kortrijk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Kortrijk",
"region": null,
"street": "Heuleplaats",
"country": "BE",
"postcode": "8501",
"box_number": null,
"street_number": "16"
},
"old_address": {
"city": "Kortrijk",
"region": null,
"street": "Broelkaai",
"country": "BE",
"postcode": "8500",
"box_number": "A",
"street_number": "1"
},
"effective_date": "2024-09-01",
"evidence_quote": "Volledig adres v.d. zetel: Broelkaai(Kor) 1A - 8500 Kortrijk ... Bij beslissing van de bestuurder wordt de zetel met ingang van 1/9/2024 verplaatst naar Heuleplaats (Heu) 16 -8501 Kortrijk"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0783.835.719",
"name_full": "WER",
"legal_form": "BV"
}
}29-03-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8500 Kortrijk, Broelkaai 1A",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1957-10-27",
"name": "DEMUYNCK Renaat Marcel Alfons",
"niss": null,
"address": "8930 Menen, Koningin Astridlaan 52 bus 0501"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 80000,
"holder_person_name": "DEMUYNCK Renaat Marcel Alfons",
"is_subscriber_only": false,
"n_shares_subscribed": 80,
"amount_subscribed_eur": 80000,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0783.710.015",
"name": "VRE GROUP"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": "0783.710.015",
"holder_org_name": "VRE GROUP",
"contribution_type": "cash",
"amount_paid_in_eur": 80000,
"holder_person_name": null,
"is_subscriber_only": false,
"n_shares_subscribed": 80,
"amount_subscribed_eur": 80000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 160000,
"subject_company": {
"kbo": "0783.835.719",
"name_full": "WER",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-03-24",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | WER |