Financials · financial year 2025, micro format
Annual accounts 2025 filed on 27-01-2026 PDF all 30 filings
Equity
€156,028▼ 9.1%
2024 · €171,722
Net result
-€15,694
2024 · €159
Total assets
€262,653▼ 13.1%
2024 · €302,254
Solvency
59.4%▲ 2.6pp
2024 · 56.8%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €16,290, after a profit of €5,460 in 2024.
Operating result-€16,290
2025
Net result-€15,694
2025
Total assets€262,653
2025
Equity€156,028
2025
Debt€105,414
2025
Working capital-€85,442
2025
Return on assets (ROA)-6.0%
2025
Solvency59.4%
2025
Current ratio0.17
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€44,025--€27,324▲ 37.9%-€42,922▼ 57.1%-€40,607▲ 5.4%-€26,136▲ 35.6%€5,460-€16,290
Net result-€45,572--€27,682below the sector's middle half▲ 39.3%-€42,614below the sector's middle half▼ 53.9%-€40,009below the sector's middle half▲ 6.1%-€25,494below the sector's middle half▲ 36.3%€159below the sector's middle half-€15,694below the sector's middle half
Equity€306,074-€279,679within the sector's middle half▼ 8.6%€237,065within the sector's middle half▼ 15.2%€197,056within the sector's middle half▼ 16.9%€171,563within the sector's middle half▼ 12.9%€171,722within the sector's middle half▲ 0.1%€156,028within the sector's middle half▼ 9.1%
Total assets€597,442-€527,463within the sector's middle half▼ 11.7%€442,272within the sector's middle half▼ 16.2%€382,823within the sector's middle half▼ 13.4%€350,447within the sector's middle half▼ 8.5%€302,254within the sector's middle half▼ 13.8%€262,653within the sector's middle half▼ 13.1%
Debt€283,055-€241,727▼ 14.6%€200,119▼ 17.2%€181,648▼ 9.2%€175,735▼ 3.3%€128,352▼ 27.0%€105,414▼ 17.9%
Working capital-€243,324--€207,616below the sector's middle half▲ 14.7%-€185,665below the sector's middle half▲ 10.6%-€166,852below the sector's middle half▲ 10.1%-€149,372below the sector's middle half▲ 10.5%-€106,350below the sector's middle half▲ 28.8%-€85,442below the sector's middle half▲ 19.7%
Solvency51.2%-53.0%within the sector's middle half▲ 1.8pp53.6%within the sector's middle half▲ 0.6pp51.5%within the sector's middle half▼ 2.1pp49.0%within the sector's middle half▼ 2.5pp56.8%within the sector's middle half▲ 7.9pp59.4%within the sector's middle half▲ 2.6pp
Current ratio0.08-0.13below the sector's middle half▲ 0.050.06below the sector's middle half▼ 0.070.07below the sector's middle half▲ 0.020.13below the sector's middle half▲ 0.060.13below the sector's middle half▼ 0.010.17below the sector's middle half▲ 0.05
Return on assets (ROA)-7.6%--5.2%below the sector's middle half▲ 2.4pp-9.6%below the sector's middle half▼ 4.4pp-10.5%below the sector's middle half▼ 0.8pp-7.3%below the sector's middle half▲ 3.2pp0.1%below the sector's middle half▲ 7.3pp-6.0%below the sector's middle half▼ 6.0pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €262,653
Fixed assets
€244,935 ▼ 14.7%
Current assets
€17,718 ▲ 16.2%
Equity and liabilities €262,653
Equity
€156,028 ▼ 9.1%
Provisions
€1,211 ▼ 44.5%
Debt
€105,414 ▼ 17.9%
Debt's share of the balance-sheet total falls from 42.5% to 40.1%. Equity and debt are lower.
Key figures and ratios
ROE
-10.1%▼
2024 · 0.1%
Debt ≤ 1 year
€103,160▼
2024 · €121,594
Income taxes
€313▼
2024 · €6,236
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,376 | - |
| Depreciation and write-downs of the year | €61,286 | €42,380 | €41,993 | €42,076 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as WERNER BOSTYN-CANNAERT: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €194,000 and €315,000, founded between 1991 and 1996.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| WERNER BOSTYN-CANNAERT Kortrijk | 1995 | €262,653 | €156,028 | €37,070 | -€15,694 | - | 2025 |
| Flonaba Beernem | 1991 | €224,642 | €215,882 | €34,156 | €12,427 | - | 2025 |
| IMMO J.G. DE DAKDEKKER Blankenberge | 1994 | €194,037 | €106,399 | €37,340 | €23,222 | 0 | 2025 |
| THAILAND INVEST Evergem | 1992 | €240,141 | €178,488 | €36,832 | €20,893 | - | 2024 |
| ROTRA Lommel | 1992 | €257,396 | €47,623 | €40,805 | €5,654 | - | 2025 |
| Z.I.G. Westerlo | 1994 | €315,370 | €125,299 | €33,906 | -€3,099 | - | 2024 |
| PETER NAETS Hulshout | 1996 | €231,975 | €131,578 | €44,185 | -€17,984 | - | 2025 |
They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €20,176 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82,533 | €80,909 | €65,510 | €61,286 | €42,380 | €41,993 | €42,076 | ▲ 0.2% |
| Other operating charges640/8 | - | - | - | €10,422 | €12,369 | €11,762 | €11,284 | ▼ 4.1% |
| Gross operating margin9900 | €47,277 | €62,366 | €32,850 | €31,101 | €28,614 | €59,215 | €37,070 | ▼ 37.4% |
| Operating profit (loss)9901 | -€44,025 | -€27,324 | -€42,922 | -€40,607 | -€26,136 | €5,460 | -€16,290 | - |
| Financial income75/76B | - | - | - | - | - | €27 | €0 | ▼ 100% |
| Recurring financial income75 | - | €137 | - | - | - | €27 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €60 | €73 | €60 | €60 | = |
| Recurring financial charges65 | €2,498 | €1,281 | €325 | €60 | €73 | €60 | €60 | = |
| Profit (loss) for the period before taxes9903 | -€46,522 | -€28,468 | -€43,247 | -€40,667 | -€26,209 | €5,427 | -€16,350 | - |
| Transfer from deferred taxes780 | - | - | - | €969 | €969 | €969 | €969 | = |
| Income taxes67/77 | €197 | €183 | €337 | €311 | €254 | €6,236 | €313 | ▼ 95.0% |
| Profit (loss) for the period9904 | -€45,572 | -€27,682 | -€42,614 | -€40,009 | -€25,494 | €159 | -€15,694 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €2,908 | €2,908 | €2,908 | €2,908 | = |
| Profit (loss) for the period to be appropriated9905 | -€46,468 | -€26,361 | -€39,706 | -€37,101 | -€22,586 | €3,067 | -€12,786 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €597,442 | €527,463 | €442,272 | €382,823 | €350,447 | €302,254 | €262,653 | ▼ 13.1% |
| Fixed assets21/28 | €577,713 | €496,804 | €431,294 | €370,008 | €327,628 | €287,011 | €244,935 | ▼ 14.7% |
| Tangible fixed assets22/27 | €577,713 | €496,804 | €431,294 | €370,008 | €327,628 | €287,011 | €244,935 | ▼ 14.7% |
| Land and buildings22 | - | - | - | €368,088 | €326,445 | €239,232 | €243,160 | ▲ 1.6% |
| Plant, machinery and equipment23 | - | - | - | €1,920 | €1,183 | €47,778 | €1,775 | ▼ 96.3% |
| Current assets29/58 | €19,729 | €30,660 | €10,978 | €12,815 | €22,819 | €15,243 | €17,718 | ▲ 16.2% |
| Stocks and contracts in progress3 | €471 | €312 | €450 | €673 | €607 | €69 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €673 | €607 | €69 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €6,769 | €612 | €2,726 | €4,706 | €4,278 | €7,457 | €5,659 | ▼ 24.1% |
| Trade receivables40 | - | - | - | €3,833 | - | €4,176 | €1,180 | ▼ 71.8% |
| Other amounts receivable41 | - | - | - | €873 | €4,278 | €3,281 | €4,479 | ▲ 36.5% |
| Cash at bank and in hand54/58 | €10,203 | €27,445 | €5,273 | €3,260 | €15,827 | €4,827 | €7,251 | ▲ 50.2% |
| Deferred charges and accrued income490/1 | - | - | - | €4,177 | €2,107 | €2,891 | €4,807 | ▲ 66.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €597,442 | €527,463 | €442,272 | €382,823 | €350,447 | €302,254 | €262,653 | ▼ 13.1% |
| Equity10/15 | €306,074 | €279,679 | €237,065 | €197,056 | €171,563 | €171,722 | €156,028 | ▼ 9.1% |
| Contributions10/11 | €750,000 | €750,000 | €750,000 | €750,000 | €750,000 | €750,000 | €750,000 | = |
| Capital10 | - | - | - | €750,000 | €750,000 | €750,000 | €750,000 | = |
| Issued capital100 | - | - | - | €750,000 | €750,000 | €750,000 | €750,000 | = |
| Reserves13 | €27,895 | €27,861 | €24,953 | €22,045 | €19,137 | €16,229 | €13,322 | ▼ 17.9% |
| Non-distributable reserves130/1 | - | - | - | €496 | €496 | €496 | €496 | = |
| Legal reserve130 | - | - | - | €496 | €496 | €496 | €496 | = |
| Tax-exempt reserves132 | - | - | - | €21,550 | €18,642 | €15,734 | €12,826 | ▼ 18.5% |
| Profit (loss) carried forward14 | -€471,821 | -€498,182 | -€537,888 | -€574,989 | -€597,575 | -€594,508 | -€607,294 | ▼ 2.2% |
| Provisions and deferred taxes16 | €8,314 | €6,057 | €5,088 | €4,119 | €3,149 | €2,180 | €1,211 | ▼ 44.5% |
| Deferred taxes168 | - | - | - | €4,119 | €3,149 | €2,180 | €1,211 | ▼ 44.5% |
| Amounts payable17/49 | €283,055 | €241,727 | €200,119 | €181,648 | €175,735 | €128,352 | €105,414 | ▼ 17.9% |
| Amounts payable after more than one year17 | €16,667 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €263,054 | €238,276 | €196,643 | €179,667 | €172,191 | €121,594 | €103,160 | ▼ 15.2% |
| Trade debts44 | €1,947 | €410 | €198 | €707 | €3,300 | €143 | €381 | ▲ 167% |
| Suppliers440/4 | - | - | - | €707 | €3,300 | €143 | €381 | ▲ 167% |
| Advances received on contracts in progress46 | - | - | - | €1,605 | €1,520 | €1,520 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €2,775 | €4,470 | €2,914 | €2,815 | ▼ 3.4% |
| Taxes450/3 | - | - | - | €2,775 | €4,470 | €2,914 | €2,815 | ▼ 3.4% |
| Other amounts payable47/48 | - | - | - | €174,581 | €162,901 | €117,017 | €99,964 | ▼ 14.6% |
| Accrued charges and deferred income492/3 | - | - | - | €1,981 | €3,544 | €6,759 | €2,254 | ▼ 66.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€45,572 | -€27,682 | -€42,614 | -€40,009 | -€25,494 | €159 | -€15,694 | - |
| + Depreciation and write-downs630 | €82,533 | €80,909 | €65,510 | €61,286 | €42,380 | €41,993 | €42,076 | ▲ 0.2% |
| Operating cash flow (approximation) | €36,961 | €53,227 | €22,896 | €21,277 | €16,886 | €42,152 | €26,382 | ▼ 37.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | -€1,376 | €0 | - |
| Change in cash | - | €17,243 | -€22,172 | -€2,014 | €12,567 | -€11,000 | €2,424 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 27-01-2026 | 2026-00029174 | |
| 30-06-2024 | micro format | 26-02-2025 | 2025-00044399 | |
| 30-06-2023 | micro format | 29-01-2024 | 2024-00020036 | |
| 30-06-2022 | micro format | 25-01-2023 | 2023-00003645 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03300500 | |
| 30-06-2020 | micro format | 09-02-2021 | 2021-05100442 | |
| 30-06-2019 | micro format | 16-01-2020 | 2020-01400280 | |
| 30-06-2018 | micro format | 30-11-2018 | 2018-73400164 | |
| 30-06-2017 | micro format | 30-11-2017 | 2017-70800153 | |
| 30-06-2016 | abbreviated format | 07-12-2016 | 2016-69600118 |