WERFONLINE
ActiveWERFONLINE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €190k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-3
Solvency98▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 4.13 against 3.44 in 2024; short-term debt: 19.6% and cash: 1.5% of total assets), and 26.9% 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
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
73.1%
Return on assets
12.3%
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
18 d late
2023
31 d late
2022
31 d late
2021
20 d early
2020
24 d early
2019
25 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.13M▲ 7.4%
2024 · €1.05M
2018: €218k
2019: €331k
2020: €481k
2021: €625k
2022: €853k
2023: €914k
2024: €1.05M
2018 → 2025
Total assets
€1.55M▲ 4.5%
2024 · €1.48M
2018: €660k
2019: €780k
2020: €928k
2021: €1.01M
2022: €1.28M
2023: €1.68M
2024: €1.48M
2018 → 2025
Net result
€190k▼ 13.5%
2024 · €220k
2018: €81k
2019: €113k
2020: €150k
2021: €166k
2022: €267k
2023: €130k
2024: €220k
2018 → 2025
Working capital
€947k▲ 15.6%
2024 · €819k
2018: €92k
2019: €186k
2020: €349k
2021: €475k
2022: €675k
2023: €700k
2024: €819k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€625k-€853k▲ 36.4%€914k▲ 7.1%€1.05M▲ 15.3%€1.13M▲ 7.4%
Operating result€237k-€381k▲ 61.1%€192k▼ 49.7%€320k▲ 66.6%€268k▼ 16.1%
Net result€166k-€267k▲ 60.8%€130k▼ 51.4%€220k▲ 69.3%€190k▼ 13.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.55M
Fixed assets
€297k▼ 8.6%
Current assets
€1.25M▲ 8.2%
Equity and liabilities €1.55M
Equity
€1.13M▲ 7.4%
Debt
€416k▼ 2.4%
The debt ratio falls from 28.8% to 26.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€338k▼
2024 · €382k
Cash flow
€260k▼
2024 · €283k
Solvency
73.1%▲
2024 · 71.2%
Current ratio
4.13▲
2024 · 3.44
Quick ratio
1.67▼
2024 · 1.74
Debt / equity
0.37▼
2024 · 0.41
ROE
16.8%▼
2024 · 20.9%
ROA
12.3%▼
2024 · 14.9%
Interest coverage
13.39▼
2024 · 15.36
Debt
€416k▼
2024 · €427k
Debt ≤ 1 year
€303k▼
2024 · €336k
Debt > 1 year
€47k▼
2024 · €72k
Income taxes
€86k▼
2024 · €103k
Staff costs
€205k▲
2024 · €148k
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€1.48M€1.55M▲
Fixed assets21/28€325k€297k▼
Tangible fixed assets22/27€325k€297k▼
Land and buildings22€171k€158k▼
Plant, machinery and equipment23€89k€58k▼
Furniture and vehicles24€65k€81k▲
Current assets29/58€1.15M€1.25M▲
Amounts receivable after more than one year29€70k-
Other amounts receivable291€70k-
Stocks and contracts in progress3€569k€745k▲
Stocks30/36€569k€745k▲
Amounts receivable within one year40/41€373k€479k▲
Trade receivables40€336k€368k▲
Other amounts receivable41€38k€111k▲
Cash at bank and in hand54/58€129k€24k▼
Deferred charges and accrued income490/1€14k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.55M▲
Equity10/15€1.05M€1.13M▲
Contributions10/11€1k€1k=
Reserves13€1.05M€1.13M▲
Distributable reserves133€1.05M€1.13M▲
Amounts payable17/49€427k€416k▼
Amounts payable after more than one year17€72k€47k▼
Financial debts170/4€72k€47k▼
Amounts payable within one year42/48€336k€303k▼
Current portion of amounts payable after more than one year42€25k€42k▲
Financial debts43€167k€125k▼
Credit institutions430/8€167k€125k▼
Trade debts44€35k€30k▼
Suppliers440/4€35k€30k▼
Taxes, remuneration and social security45€104k€105k▲
Taxes450/3€104k€105k▲
Other amounts payable47/48€5k-
Accrued charges and deferred income492/3€19k€67k▲
Income statement
Code20242025
Remuneration, social security and pensions62€148k€205k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€69k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€13k▲
Other operating charges640/8€6k€2k▼
Gross operating margin9900€541k€558k▲
Operating profit (loss)9901€320k€268k▼
Financial income75/76B€29k€34k▲
Recurring financial income75€29k€34k▲
Financial charges65/66B€25k€25k▲
Recurring financial charges65€25k€25k▲
Profit (loss) for the period before taxes9903€324k€277k▼
Income taxes67/77€103k€86k▼
Profit (loss) for the period9904€220k€190k▼
Profit (loss) for the period to be appropriated9905€220k€190k▼
Appropriation of the result
Profit (loss) to be appropriated9906€220k€190k▼
Transfer from equity791/2€81k€113k▲
Transfer to equity691/2€220k€190k▼
To other reserves6921€220k€190k▼
Profit to be distributed694/7€81k€113k▲
Directors or managers695€81k€113k▲
Social balance
Average headcount (FTE)90874.24.9▲
The notes to these accounts (10 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2024
31-12
Financial
Equity above €1MEq €1.05M ▲15.3%
7 profitable years in a row build equity to €1.05M.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €267k ▲60.8%
Operating result €381k, net result €267k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €625k ▲30.1%
4 profitable years in a row build equity to €625k.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
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.
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, Dessel · 1 establishment unit since 2013
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.
Turnhoutsebaan 1712480 DesselGround area
9,464 m²
Building footprint
3,108 m²
Volume, LiDAR
21,802 m³
Parcel 13006B0023/00T002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Werfonline
since 20132.215.871.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006B0023/00T002 | Flanders | 9,464 m² | 1 · 3,108 m² | 10.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 4,524 EUR awarded · 4,149 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,654 EUR | 1,654 EUR |
| 2024 | 2 | 2,147 EUR | 1,772 EUR |
| 2022 | 1 | 723 EUR | 723 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsLogistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Legal Entity Identifier
699400B3BQ6PU3JMSE20
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Of 388 companies in sector 46630 we hold annual accounts for 276. 206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2013
Fiscal year end31-12
Activities, NACEBEL
46630Wholesale trade
46649Wholesale of other machinery and equipment
46140Agents in the wholesale of industrial machinery, ships and aircraft
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
47529Retail trade
47793Retail sale of other second-hand goods, excluding clothing
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.
Contact details
2 entriesE-mail:info@werfonline.be
Phone:0475 703 041