WERCO CORTHOUTS WERNER
ActiveWERCO CORTHOUTS WERNER has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €19k. Equity is growing by ~74.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 543 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency92=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 2.94 in 2024; short-term debt: 32.8% and cash: 43.5% of total assets), and 32.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
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
67.2%
Return on assets
32.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
11 d late
2024
7 d late
2023
5 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 96.1%
2024 · €20k
2023: €9k
2024: €20k
2023 → 2025
Total assets
€58k▲ 96.4%
2024 · €29k
2023: €21k
2024: €29k
2023 → 2025
Net result
€19k▲ 79.8%
2024 · €11k
2023: €6k
2024: €11k
2023 → 2025
Working capital
€26k▲ 41.5%
2024 · €19k
2023: €9k
2024: €19k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€9k-€20k▲ 115%€39k▲ 96.1%
Operating result€9k-€15k▲ 67.3%€27k▲ 75.4%
Net result€6k-€11k▲ 70.4%€19k▲ 79.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 75% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€12k▲ 939%
Current assets
€45k▲ 60.5%
Equity and liabilities €58k
Equity
€39k▲ 96.1%
Debt
€19k▲ 97.1%
The debt ratio rises from 32.7% to 32.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k
Cash flow
€20k
Solvency
67.2%▼
2024 · 67.3%
Current ratio
2.39▼
2024 · 2.94
Quick ratio
2.26▼
2024 · 2.66
Debt / equity
0.49▲
2024 · 0.49
ROE
49.0%▼
2024 · 53.4%
ROA
32.9%▼
2024 · 36.0%
Interest coverage
72.62
Debt
€19k▲
2024 · €10k
Debt ≤ 1 year
€19k▲
2024 · €10k
Income taxes
€7k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€29k€58k▲
Fixed assets21/28€1k€12k▲
Tangible fixed assets22/27-€11k
Furniture and vehicles24-€11k
Financial fixed assets28€1k€1k=
Current assets29/58€28k€45k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€18k€15k▼
Trade receivables40€15k€11k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€6k€25k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€29k€58k▲
Equity10/15€20k€39k▲
Contributions10/11€3k€3k=
Reserves13€17k€36k▲
Distributable reserves133€17k€36k▲
Amounts payable17/49€10k€19k▲
Amounts payable within one year42/48€10k€19k▲
Financial debts43-€347
Credit institutions430/8-€347
Trade debts44€5k€11k▲
Suppliers440/4€5k€11k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48-€682
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€954
Other operating charges640/8€808€1k▲
Gross operating margin9900€16k€28k▲
Operating profit (loss)9901€15k€27k▲
Financial income75/76B€64€153▲
Recurring financial income75€64€153▲
Financial charges65/66B€127€378▲
Recurring financial charges65€127€378▲
Profit (loss) for the period before taxes9903€15k€26k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€11k€19k▲
Profit (loss) for the period to be appropriated9905€11k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€19k▲
Transfer to equity691/2€11k€19k▲
To other reserves6921€11k€19k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Highest result since 2023net €19k ▲79.8%
Operating result €27k, net result €19k, both a record.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geetbets · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Glabbeekstraat 1223450 GeetbetsGround area
482 m²
Building footprint
91 m²
Volume, LiDAR
556 m³
Parcel 24028D0290/00P002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WERCO CORTHOUTS WERNER
since 20232.346.621.228
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24028D0290/00P002 | Flanders | 482 m² | 1 · 91 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CONCEPT MENUISERIE
BE 0890.446.835
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MENUISERIE ANSIAUX FABRICE
BE 0885.957.022
Estinnes · Eq €39k
RONDELEZ
BE 0748.994.606
Moorslede · Eq €39k
SCHRIJNWERKERIJ DECRAEMER GEBROEDERS
BE 0442.397.303
Nieuwpoort · Eq €38k
NICMAT
BE 0676.517.194
Merchtem · Eq €38k
Of 1,599 companies in sector 16230 we hold annual accounts for 783. 542 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2023
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43331Floor and wall tiling
43910Bricklaying and masonry work
43992Specialised construction activities
43994Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.