WERFIX
ActiveSummary
WERFIX has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286,387 and a net result of €10,948. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 61% of 7900 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71=
Solvency79▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.01 in 2024; short-term debt: 32.8% and cash: 30.1% of total assets), and 46.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
53.8%
Return on assets
2.1%
Age of the figures
9 mo
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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
93 d early
2023
on the day
2022
32 d early
2021
22 d late
2020
26 d late
2019
31 d late
← 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 21 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€286,387▲ 4.0%
2024 · €275,438
Total assets
€531,970▼ 7.2%
2024 · €573,225
Net result
€10,948▲ 26.9%
2024 · €8,631
Working capital
€220,765▲ 8.7%
2024 · €203,009
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€57,286€63,162▲ 10.3%€15,226▼ 75.9%€17,760▲ 16.6%€19,690▲ 10.9%
Net result€46,993€52,672▲ 12.1%€6,146▼ 88.3%€8,631▲ 40.4%€10,948▲ 26.9%
Equity€207,990▲ 29.2%€260,662▲ 25.3%€266,808▲ 2.4%€275,438▲ 3.2%€286,387▲ 4.0%
Total assets€512,309▲ 1.9%€577,631▲ 12.8%€598,671▲ 3.6%€573,225▼ 4.3%€531,970▼ 7.2%
Debt€304,319▼ 10.9%€316,969▲ 4.2%€331,863▲ 4.7%€297,787▼ 10.3%€245,584▼ 17.5%
Working capital€217,031▲ 18.4%€257,102▲ 18.5%€238,395▼ 7.3%€203,009▼ 14.8%€220,765▲ 8.7%
Staff (FTE)4.3▲ 43.3%5▲ 16.3%5=5=5=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €531,970
Fixed assets
€136,887 ▼ 19.2%
Current assets
€395,084 ▼ 2.1%
Equity and liabilities €531,970
Equity
€286,387 ▲ 4.0%
Debt
€245,584 ▼ 17.5%
Debt's share of the balance-sheet total falls from 51.9% to 46.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54,610▲
2024 · €49,542
Cash flow
€45,868▲
2024 · €40,412
Current ratio
2.27▲
2024 · 2.01
Quick ratio
1.81▲
2024 · 1.54
Debt to equity
0.86▼
2024 · 1.08
ROE
3.8%▲
2024 · 3.1%
ROA
2.1%▲
2024 · 1.5%
Interest coverage
12.94▲
2024 · 8.27
Debt ≤ 1 year
€174,319▼
2024 · €200,709
Debt > 1 year
€71,265▼
2024 · €97,078
Income taxes
€6,139▲
2024 · €5,078
Staff costs
€321,487▲
2024 · €312,664
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 16,986 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,497 | €3,500 | €1,325 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €184,477 | €250,872 | €289,218 | €312,664 | €321,487 | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,673 | €28,786 | €32,313 | €31,782 | €34,920 | ▲ 9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €7,461 | €0 | ▼ 100% |
| Other operating charges640/8 | €5,886 | €22,311 | €6,423 | €6,808 | €6,151 | ▼ 9.7% |
| Gross operating margin9900 | €273,321 | €365,130 | €343,180 | €376,475 | €382,247 | ▲ 1.5% |
| Operating profit (loss)9901 | €57,286 | €63,162 | €15,226 | €17,760 | €19,690 | ▲ 10.9% |
| Financial income75/76B | €3,719 | €1,935 | €1,554 | €1,941 | €1,619 | ▼ 16.6% |
| Recurring financial income75 | €3,719 | €1,935 | €1,554 | €1,941 | €1,619 | ▼ 16.6% |
| Financial charges65/66B | €5,428 | €7,781 | €5,387 | €5,993 | €4,222 | ▼ 29.6% |
| Recurring financial charges65 | €5,428 | €7,781 | €5,387 | €5,993 | €4,222 | ▼ 29.6% |
| Profit (loss) for the period before taxes9903 | €55,578 | €57,315 | €11,393 | €13,708 | €17,087 | ▲ 24.6% |
| Income taxes67/77 | €8,584 | €4,644 | €5,247 | €5,078 | €6,139 | ▲ 20.9% |
| Profit (loss) for the period9904 | €46,993 | €52,672 | €6,146 | €8,631 | €10,948 | ▲ 26.9% |
| Profit (loss) for the period to be appropriated9905 | €46,993 | €52,672 | €6,146 | €8,631 | €10,948 | ▲ 26.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €512,309 | €577,631 | €598,671 | €573,225 | €531,970 | ▼ 7.2% |
| Fixed assets21/28 | €129,689 | €121,364 | €125,853 | €169,507 | €136,887 | ▼ 19.2% |
| Tangible fixed assets22/27 | €129,689 | €121,364 | €125,853 | €169,507 | €136,887 | ▼ 19.2% |
| Plant, machinery and equipment23 | €96,055 | €99,190 | €93,085 | €111,140 | €94,937 | ▼ 14.6% |
| Furniture and vehicles24 | €33,635 | €22,174 | €32,768 | €58,367 | €41,949 | ▼ 28.1% |
| Current assets29/58 | €382,620 | €456,267 | €472,818 | €403,718 | €395,084 | ▼ 2.1% |
| Stocks and contracts in progress3 | €21,222 | €23,092 | €107,048 | €95,229 | €80,363 | ▼ 15.6% |
| Stocks30/36 | €21,222 | €23,092 | €107,048 | €95,229 | €80,363 | ▼ 15.6% |
| Amounts receivable within one year40/41 | €173,073 | €202,315 | €188,336 | €194,729 | €140,622 | ▼ 27.8% |
| Trade receivables40 | €155,147 | €189,499 | €180,464 | €182,230 | €140,622 | ▼ 22.8% |
| Other amounts receivable41 | €17,926 | €12,817 | €7,872 | €12,499 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €179,188 | €219,327 | €151,939 | €89,567 | €160,148 | ▲ 78.8% |
| Deferred charges and accrued income490/1 | €9,136 | €11,532 | €25,494 | €24,194 | €13,950 | ▼ 42.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €512,309 | €577,631 | €598,671 | €573,225 | €531,970 | ▼ 7.2% |
| Equity10/15 | €207,990 | €260,662 | €266,808 | €275,438 | €286,387 | ▲ 4.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €189,390 | €242,062 | €248,208 | €256,838 | €267,787 | ▲ 4.3% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | €187,530 | €240,202 | €246,348 | €254,978 | €267,787 | ▲ 5.0% |
| Amounts payable17/49 | €304,319 | €316,969 | €331,863 | €297,787 | €245,584 | ▼ 17.5% |
| Amounts payable after more than one year17 | €138,730 | €117,804 | €97,440 | €97,078 | €71,265 | ▼ 26.6% |
| Financial debts170/4 | €138,730 | €117,804 | €97,440 | €97,078 | €71,265 | ▼ 26.6% |
| Amounts payable within one year42/48 | €165,589 | €199,165 | €234,423 | €200,709 | €174,319 | ▼ 13.1% |
| Current portion of amounts payable after more than one year42 | €27,237 | €30,976 | €20,364 | €25,171 | €25,813 | ▲ 2.5% |
| Financial debts43 | €43,879 | €23,899 | €41,253 | €36,816 | €51,339 | ▲ 39.4% |
| Credit institutions430/8 | €43,879 | €23,899 | €41,253 | €36,816 | €51,339 | ▲ 39.4% |
| Trade debts44 | €82,567 | €124,824 | €146,603 | €133,361 | €88,388 | ▼ 33.7% |
| Suppliers440/4 | €82,567 | €124,824 | €146,603 | €133,361 | €88,388 | ▼ 33.7% |
| Advances received on contracts in progress46 | €321 | €321 | €321 | €321 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €7,861 | €20,809 | €34 | €3,791 | ▲ 11,002% |
| Taxes450/3 | - | €7,861 | €2,486 | €34 | €2,171 | ▲ 6,258% |
| Remuneration and social security454/9 | - | - | €18,323 | €0 | €1,620 | - |
| Other amounts payable47/48 | €11,585 | €11,284 | €5,073 | €5,006 | €4,988 | ▼ 0.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,993 | €52,672 | €6,146 | €8,631 | €10,948 | ▲ 26.9% |
| + Depreciation and write-downs630 | €25,673 | €28,786 | €32,313 | €31,782 | €34,920 | ▲ 9.9% |
| Operating cash flow (approximation) | €72,666 | €81,458 | €38,459 | €40,412 | €45,868 | ▲ 13.5% |
| Investment in fixed assets (approximation) | - | -€20,460 | -€36,802 | -€75,436 | -€2,300 | ▲ 97.0% |
| Change in cash | - | €40,139 | -€67,388 | -€62,372 | €70,581 | ▲ 213% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €52,672 ▲12.1%
Operating result €63,162, net result €52,672, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Back to profitnet €46,993
Net result €46,993 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €207,990 ▲29.2%
Equity rises from €160,997 to €207,990.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet -€23,746
Net result drops to -€23,746, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €7,211
Net result €7,211 after one loss-making year.
Show earlier events
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Mechelen · 1 establishment unit since 2006
Ground area
1,390 m²
Building footprint
641 m²
Volume, LiDAR
3,917 m³
Parcel 12403E0174/00E002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WERFIX
since 20062.155.089.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0174/00E002 | Flanders | 1,390 m² | 1 · 641 m² | 9.1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,804 EUR awarded · 1,804 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 383 EUR | 383 EUR |
| 2024 | 1 | 759 EUR | 759 EUR |
| 2023 | 1 | 92 EUR | 92 EUR |
| 2022 | 1 | 570 EUR | 570 EUR |
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 7,675 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
46839Wholesale trade
77320Rental and leasing activities
43130Specialised construction activities
43240Other construction installation
43990Other specialised construction activities
46620Wholesale of machine tools
46630Wholesale trade
62100Computer programming
80090Investigation and security activities
Contact
E-mail
ilse.renard@werfix.beMechelen
E-mail
Patrick.severyns@werfix.beMechelen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0882332685
Also
9925:BE0882332685
Registered
25-11-2024
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.