Skip to content

WERISOL

Active Public limited companyfounded 2021active for 5 yearsAvenue de l'Indépendance 83, 4020 LiègeKBO/BCE: BE 0764.999.606 subsidiary of DEME SA#7 company by equity in Liège, Construction sector

Lifetime

5 annual accounts with figures on one time axis
peak €4.2m (2023)
€1.2m▼ 31.1%
peak €2.4m (2023)
€268,019▼ 65.6%
peak €3.1m (2025)
€3.1m▲ 9.3%
€163,372▼ 84.7%
Board9 names since 2021
4 directorsBURTON Olivier and 3 others
Owners5 names in the annual accounts
50%AB Tech and 3 others
Documentsfilings and deeds
18-06-202643 days before the deadline
2025financial year
Turnover from €1.8m to €1.2mGross margin from €1.2m to €620,373Result from €778,886 to €268,019Debts from €1.1m to €163,372

Key points

from the 2025 annual accounts

Equity

€3.1m ▲ 9.3%

WERISOL has made a profit in every financial year since 2021.

Result

€268,019 ▼ 65.6%
€779,0002024€268,0002025

The result fell in 2025 from €778,886 to €268,019.

Payment terms

100 days to suppliers
Suppliers
6 to 100
Customers
130 to 55

WERISOL pays its suppliers 94 days later than in 2024. Customers pay 75 days earlier.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 39 to 49 days before the end of the period.

Position in the sector

90.1%

Higher solvency than 95% of companies in specialised construction. Sector median 42.4% · 2,463 companies.

Checked score

97
Excellent
Financially stronger than 76% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+2equity 90.1% of total assets
80+5short-term debt 4.7% · cash 23.8%
86-10return on assets 7.7%

Score breakdown

raises risk
Founded in 2021
lowers risk
Liquidity: current ratio 6.39, cash €829,542
Figures for financial year 2025 (filed on 18-06-2026)
Equity €3.1m (90.1% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 95% of them on solvency, 93% on liquidity, 84% on profitability and 34% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as WERISOL has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of WERISOL itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,782 companies, not a prediction for WERISOL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €120,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.39 (4.55 in 2024), above the usual 1.5. Short-term debt is 4.7% and cash 23.8% of total assets. 9.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 6.39, cash €829,542
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 18-06-2026)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €3.1m (90.1% of total assets)
NBB · annual accounts
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 18-06-2026, 43 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
43 days early
2024
43 days early
2023
49 days early
2022
39 days early
2021
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 43 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JS
Chair, JOLY Pierre
AT
Daily manager, Marc VROLIX
SE
Daily manager
BO
Director, since 12-03-2021
BR
Auditor, Cédric Antonelli
and 2 others
  • DEME SA consolidatesannual accounts 2025
  • JOLY SA consolidatesannual accounts 2025
  • AB Tech 50%score 85equity €5.6m (2025) · 2025 annual accounts of AB Tech
and 1 other shareholderBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0764999606
2 directors appointed Permanent representatives: Pierre JOLY and Hervé FRERE · SA AB TECH (daily management delegate) and SA ECOTERRES (daily management delegate) · Board meeting of 13-06-2022 · Gazette deed
1 statutory auditor appointed Permanent representatives: Pierre Joly, Denis Drousie and Cédric Antonelli · BDO Réviseurs d'Entreprises SRL (statutory auditor) · SA JOLY holds 50 shares · General meeting of 14-01-2022 · Gazette deed
1 director appointed, 1 resignation Resignation: Hervé FRERE · Appointment: C&M FRERE CONSTRUCT · Permanent representative: Hervé FRERE · General meeting of 20-09-2021 · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
WERISOL Liège €3.5m €0.6m 90.1% -
JEHAE FRANCOIS Waimes €2.8m €0.5m 29.4% 1
Darimont Entreprise Ans €3.4m €0.9m 0.8% 4.8
B.P.V. GRONDWERKEN Kortemark €2.7m €0.9m 1.8% 7.4
Versluys Jürgen Bruges €2.7m €0.7m 82.6% 1.5
JULIEN BAONVILLE Theux €3.7m €1.2m 8.2% 7.3
WICK'S Thimister-Clermont €1.9m €0.4m 3.3% 1.8

These companies have the same main activity as WERISOL: site preparation (NACE 43120). They are comparable in size and age: total assets between €1.9m and €3.7m, founded between 2019 and 2022.

Official details

Source: KBO
Status
Active since 12-03-2021Normal situation
Registered office
13 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Site preparationNACE 43120
Establishment unit
2.315.650.2174020 Liège, since 12-03-2021
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

€3.5m▼ 11.5%
Filing
Filed on 18-06-2026, 43 days before the end of the filing period
Financials

Insights on WERISOL

WERISOL has existed since 2021. Turnover fell from €4.2m in 2023 to €1.8m in 2024.

Solvency rose in 2025 from 72.9% to 90.1% because of the retained profit and lower debts.

In December 2022, the Official Gazette published the appointment of AB Tech as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about WERISOL

What is the company number of WERISOL?
The company number of WERISOL is 0764.999.606. The VAT number is the same number with BE in front: BE 0764.999.606.
Where is WERISOL based?
The registered office is at Avenue de l'Indépendance 83, 4020 Liège.Company details
What does WERISOL do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of WERISOL?
WERISOL is a public limited company (NV).
When was WERISOL founded?
WERISOL was founded on 12-03-2021.
Is WERISOL still active?
Yes, WERISOL is an active enterprise in the KBO register.
What is the turnover of WERISOL?
The turnover of WERISOL was €1.2m in financial year 2025, according to the filed annual accounts.Financials
Is WERISOL profitable?
In financial year 2025, WERISOL made a profit of €268,019.
Where can I find the annual accounts of WERISOL?
WERISOL filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WERISOL due?
WERISOL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.