WERISOL
ActiveSummary
The computed 12-month bankruptcy probability of WERISOL is 1.8% (moderate). The 2024 annual accounts show equity of €2.87M and a net result of €779k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 3550 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability96▼-4
Solvency98▲+38
Growth52▼-33
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 4.55 against 1.35 in 2023; short-term debt: 8% and cash: 20.1% of total assets), and 27.1% of the assets are financed with debt.
Credit check 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
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.9%
Return on assets
19.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
49 d early
2022
39 d early
2021
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€1.77M▼ 57.4%
2023 · €4.16M
2021: €2.37M
2022: €3.21M▲ +35.6% vs 2021
2023: €4.16M▲ +29.4% vs 2022highest in 4 years
2024: €1.77M▼ -57.4% vs 2023lowest in 4 years
2021 → 2024
EBIT margin
62.0%▼ 15.2pp
2023 · 77.2%
2021: 37.8%lowest in 4 years
2022: 75.1%▲ +98.6% vs 2021
2023: 77.2%▲ +2.8% vs 2022highest in 4 years
2024: 62.0%▼ -19.7% vs 2023
2021 → 2024
Net result
€779k▼ 66.9%
2023 · €2.35M
2021: €681klowest in 4 years
2022: €1.76M▲ +158% vs 2021
2023: €2.35M▲ +34.0% vs 2022highest in 4 years
2024: €779k▼ -66.9% vs 2023
2021 → 2024
Working capital
€1.12M▲ 28.9%
2023 · €870k
2021: €346klowest in 4 years
2022: €747k▲ +116% vs 2021
2023: €870k▲ +16.4% vs 2022
2024: €1.12M▲ +28.9% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€2.37M-€3.21M▲ 35.6%€4.16M▲ 29.4%€1.77M▼ 57.4%
2021: €2.37M
2022: €3.21M▲ +35.6% vs 2021
2023: €4.16M▲ +29.4% vs 2022highest in 4 years
2024: €1.77M▼ -57.4% vs 2023lowest in 4 years
Equity€1.18M-€1.74M▲ 47.2%€2.09M▲ 20.3%€2.87M▲ 37.2%
2021: €1.18Mlowest in 4 years
2022: €1.74M▲ +47.2% vs 2021
2023: €2.09M▲ +20.3% vs 2022
2024: €2.87M▲ +37.2% vs 2023highest in 4 years
Operating result€897k-€2.41M▲ 169%€3.21M▲ 33.1%€1.10M▼ 65.8%
2021: €897klowest in 4 years
2022: €2.41M▲ +169% vs 2021
2023: €3.21M▲ +33.1% vs 2022highest in 4 years
2024: €1.10M▼ -65.8% vs 2023
Net result€681k-€1.76M▲ 158%€2.35M▲ 34.0%€779k▼ 66.9%
2021: €681klowest in 4 years
2022: €1.76M▲ +158% vs 2021
2023: €2.35M▲ +34.0% vs 2022highest in 4 years
2024: €779k▼ -66.9% vs 2023
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 66% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.94M
Fixed assets
€2.50M ▼ 2.8%
Current assets
€1.44M ▼ 57.2%
Equity and liabilities €3.94M
Equity
€2.87M ▲ 37.2%
Debt
€1.07M ▼ 72.2%
Debt's share of the balance-sheet total falls from 64.7% to 27.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.17M▼
2023 · €3.29M
Cash flow
€851k▼
2023 · €2.43M
Current ratio
4.55▲
2023 · 1.35
Debt to equity
0.37▼
2023 · 1.83
ROE
27.1%▼
2023 · 112.5%
ROA
19.8%▼
2023 · 39.7%
Interest coverage
16.99▼
2023 · 44.11
Debt ≤ 1 year
€316k▼
2023 · €2.49M
Debt > 1 year
€750k▼
2023 · €1.35M
Income taxes
€259k▼
2023 · €785k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5.93M€3.94M▼
Fixed assets21/28€2.57M€2.50M▼
Intangible fixed assets21€465€0▼
Tangible fixed assets22/27€2.57M€2.50M▼
Land and buildings22€2.41M€2.41M=
Plant, machinery and equipment23€42k€18k▼
Furniture and vehicles24€144€0▼
Assets under construction and advance payments27€116k€69k▼
Financial fixed assets28€3k€3k=
Current assets29/58€3.35M€1.44M▼
Amounts receivable within one year40/41€1.85M€635k▼
Trade receivables40€1.85M€630k▼
Other amounts receivable41€0€5k▲
Current investments50/53-€0
Cash at bank and in hand54/58€1.50M€791k▼
Deferred charges and accrued income490/1€3k€11k▲
Equity and liabilities
Total equity and liabilities10/49€5.93M€3.94M▼
Equity10/15€2.09M€2.87M▲
Contributions10/11€1.10M€1.10M=
Capital10€1.10M€1.10M=
Issued capital100€1.10M€1.10M=
Reserves13€110k€110k=
Non-distributable reserves130/1€110k€110k=
Legal reserve130€110k€110k=
Profit (loss) carried forward14€882k€1.66M▲
Amounts payable17/49€3.84M€1.07M▼
Amounts payable after more than one year17€1.35M€750k▼
Financial debts170/4€1.35M€750k▼
Amounts payable within one year42/48€2.49M€316k▼
Current portion of amounts payable after more than one year42€300k€300k=
Financial debts43-€0
Credit institutions430/8-€0
Trade debts44€52k€9k▼
Suppliers440/4€52k€9k▼
Taxes, remuneration and social security45€133k€6k▼
Taxes450/3€133k€6k▼
Other amounts payable47/48€2.00M€0▼
Income statement
Code20232024
Turnover70€4.16M€1.77M▼
Goods, raw materials, services and sundry goods60/61€873k€598k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€72k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€3.29M€1.17M▼
Operating profit (loss)9901€3.21M€1.10M▼
Financial income75/76B€76€8k▲
Recurring financial income75€76€8k▲
Financial charges65/66B€74k€69k▼
Recurring financial charges65€74k€69k▼
Profit (loss) for the period before taxes9903€3.14M€1.04M▼
Income taxes67/77€785k€259k▼
Profit (loss) for the period9904€2.35M€779k▼
Profit (loss) for the period to be appropriated9905€2.35M€779k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.88M€1.66M▼
Profit (loss) brought forward from the previous period14P€528k€882k▲
Profit to be distributed694/7€2.00M-
Return on contributions (dividend)694€2.00M-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €2.37M | €3.21M | €4.16M | €1.77M | ▼ 57.4% |
| Goods, raw materials, services and sundry goods60/61 | €1.13M | €728k | €873k | €598k | ▼ 31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €345k | €70k | €73k | €72k | ▼ 1.5% |
| Other operating charges640/8 | €963 | €1k | €2k | €2k | ▲ 3.5% |
| Gross operating margin9900 | €1.24M | €2.49M | €3.29M | €1.17M | ▼ 64.3% |
| Operating profit (loss)9901 | €897k | €2.41M | €3.21M | €1.10M | ▼ 65.8% |
| Financial income75/76B | - | €419 | €76 | €8k | ▲ 10,637% |
| Recurring financial income75 | - | €419 | €76 | €8k | ▲ 10,637% |
| Financial charges65/66B | €19k | €28k | €74k | €69k | ▼ 7.5% |
| Recurring financial charges65 | €19k | €28k | €74k | €69k | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | €878k | €2.39M | €3.14M | €1.04M | ▼ 66.9% |
| Income taxes67/77 | €197k | €630k | €785k | €259k | ▼ 67.0% |
| Profit (loss) for the period9904 | €681k | €1.76M | €2.35M | €779k | ▼ 66.9% |
| Profit (loss) for the period to be appropriated9905 | €681k | €1.76M | €2.35M | €779k | ▼ 66.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4.27M | €5.01M | €5.93M | €3.94M | ▼ 33.6% |
| Fixed assets21/28 | €2.69M | €2.64M | €2.57M | €2.50M | ▼ 2.8% |
| Intangible fixed assets21 | €3k | €2k | €465 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €2.68M | €2.64M | €2.57M | €2.50M | ▼ 2.8% |
| Land and buildings22 | €2.41M | €2.41M | €2.41M | €2.41M | = |
| Plant, machinery and equipment23 | €57k | €62k | €42k | €18k | ▼ 56.9% |
| Furniture and vehicles24 | €1k | €580 | €144 | €0 | ▼ 100% |
| Assets under construction and advance payments27 | €211k | €164k | €116k | €69k | ▼ 40.7% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €1.58M | €2.37M | €3.35M | €1.44M | ▼ 57.2% |
| Amounts receivable within one year40/41 | €1.02M | €2.12M | €1.85M | €635k | ▼ 65.7% |
| Trade receivables40 | €1.00M | €2.08M | €1.85M | €630k | ▼ 66.0% |
| Other amounts receivable41 | €14k | €35k | €0 | €5k | - |
| Current investments50/53 | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €563k | €254k | €1.50M | €791k | ▼ 47.2% |
| Deferred charges and accrued income490/1 | - | - | €3k | €11k | ▲ 263% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4.27M | €5.01M | €5.93M | €3.94M | ▼ 33.6% |
| Equity10/15 | €1.18M | €1.74M | €2.09M | €2.87M | ▲ 37.2% |
| Contributions10/11 | €1.10M | €1.10M | €1.10M | €1.10M | = |
| Capital10 | €1.10M | €1.10M | €1.10M | €1.10M | = |
| Issued capital100 | €1.10M | €1.10M | €1.10M | €1.10M | = |
| Reserves13 | €34k | €110k | €110k | €110k | = |
| Non-distributable reserves130/1 | €34k | €110k | €110k | €110k | = |
| Legal reserve130 | €34k | €110k | €110k | €110k | = |
| Profit (loss) carried forward14 | €47k | €528k | €882k | €1.66M | ▲ 88.4% |
| Amounts payable17/49 | €3.08M | €3.27M | €3.84M | €1.07M | ▼ 72.2% |
| Amounts payable after more than one year17 | €1.85M | €1.65M | €1.35M | €750k | ▼ 44.4% |
| Financial debts170/4 | €1.85M | €1.65M | €1.35M | €750k | ▼ 44.4% |
| Amounts payable within one year42/48 | €1.23M | €1.62M | €2.49M | €316k | ▼ 87.3% |
| Current portion of amounts payable after more than one year42 | €150k | €200k | €300k | €300k | = |
| Financial debts43 | - | - | - | €0 | - |
| Credit institutions430/8 | - | - | - | €0 | - |
| Trade debts44 | €462k | €7k | €52k | €9k | ▼ 82.0% |
| Suppliers440/4 | €462k | €7k | €52k | €9k | ▼ 82.0% |
| Taxes, remuneration and social security45 | €22k | €216k | €133k | €6k | ▼ 95.2% |
| Taxes450/3 | €22k | €216k | €133k | €6k | ▼ 95.2% |
| Other amounts payable47/48 | €600k | €1.20M | €2.00M | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €681k | €1.76M | €2.35M | €779k | ▼ 66.9% |
| + Depreciation and write-downs630 | €345k | €70k | €73k | €72k | ▼ 1.5% |
| Operating cash flow (approximation) | €1.03M | €1.83M | €2.43M | €851k | ▼ 64.9% |
| Investment in fixed assets (approximation) | - | €-26k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €-309k | €1.24M | €-707k | ▼ 157% |
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity triplescurrent ratio 4.55
Current ratio from 1.35 to 4.55; short-term debt falls from €2.49M to €316k.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2021net €2.35M ▲34%
Operating result €3.21M, net result €2.35M, both a record.
31-12
Financial
Equity above €2MEq €2.09M ▲20.3%
3 profitable years in a row build equity to €2.09M.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full 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, Liège · 1 establishment unit since 2021
Ground area
10.9 ha
Building footprint
1.1 ha
Volume, LiDAR
125,900 m³
2 parcels, Wallonia · tallest building 19.1 m, ±3 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
Rue Wérihet SN, 4020 Liège
since 20212.315.650.217
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62113A0334/00M000indicative | Wallonia | 8.6 ha | 1 · 1.1 ha | 19.1 m · 3 fl. |
| 62113B0782/00E003 | Wallonia | 2.2 ha | 1 · 603 m² | 8.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,231. 954 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
Contact
Phone
04 240 70 13
Scores and ratios are computed by Checked and are not a credit decision.