WERNER & MERTZ BENELUX
The computed 12-month bankruptcy probability of WERNER & MERTZ BENELUX is 0.1% (very low). The 2024 annual accounts show equity of €1.84M and a net result of €361k. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 303 sector peers (fiscal year 2024). The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.84M |
| Net result | €361k |
| Staff (FTE) | 16.6 |
| Better than sector | 65% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 39.2% | 22.9% | |
| Net result | €361k | €73k | |
| Equity | €1.84M | €115k | |
| Staff costs | €2.11M | €339k | |
| Employees (FTE) | 16.6 | 5.3 |
Show 14 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €10.98M |
| EBITDA | €713k |
| Net profit | €361k |
| Cash flow | €406k |
| Staff costs | €2.11M |
| Income taxes | €216k |
| Dividends | €500k |
| Total assets | €4.69M |
| Equity | €1.84M |
| Debt | €2.85M |
| of which ≤ 1y | €2.85M |
| of which > 1y | - |
| Working capital | €1.65M |
| Employees (FTE) | 16.6 |
| 2024 | |
|---|---|
| Current ratio | 1.58 |
| Quick ratio | 1.38 |
| Working capital ratio | 35.2% |
| Solvency | 39.2% |
| Debt / equity | 1.55 |
| Long-term debt ratio | - |
| Interest coverage | 62.01 |
| Gross margin | 48.2% |
| Net margin | 3.3% |
| ROA | 7.7% |
| ROE | 19.6% |
| EBITDA margin | 6.5% |
| Days sales outstanding | 69d |
| Days payable outstanding | 147d |
| Inventory turnover | 10.27 |
| Days inventory (DSI) | 36d |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.69M |
| Fixed assets | 21/28 | €185k |
| Tangible fixed assets | 22/27 | €185k |
| Financial fixed assets | 28 | €162 |
| Current assets | 29/58 | €4.51M |
| Stocks & contracts in progress | 3 | €554k |
| Amounts receivable within one year | 40/41 | €2.07M |
| Cash & bank | 54/58 | €1.84M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.69M |
| Equity | 10/15 | €1.84M |
| Contributions / capital | 10/11 | €1.27M |
| Reserves | 13 | €127k |
| Accumulated profits (losses) | 14 | €447k |
| Amounts payable | 17/49 | €2.85M |
| Amounts payable within one year | 42/48 | €2.85M |
| Trade debts payable within one year | 44 | €2.29M |
| Income statement | ||
| Turnover | 70 | €10.98M |
| Operating result | 9901 | €667k |
| Financial income | 75 | €66 |
| Financial charges | 65 | €91k |
| Result before taxes | 9903 | €577k |
| Income taxes | 67/77 | €216k |
| Net result for the period | 9904 | €361k |
| Result to be appropriated | 9905 | €361k |
-
Xavier NysAuditorState Gazette act 21140498 (30-11-2021)Current30-11-2021 → present
-
Thomas UlbrichtDirectorState Gazette act 21070596 (15-06-2021)Current15-06-2021 → present
-
tana-Chemie GmbHLegal entityDirectorState Gazette act 21070596 (15-06-2021)Current28-09-2020 → present
2 events
- 15-06-2021 Appointed· Director
- 28-09-2020 Appointed· Director
Historic, not recently confirmed (5)
-
KPMG Réviseurs d'Entreprises SCRLLegal entityAuditorState Gazette act 18178965 (14-12-2018)Not recently confirmedlast confirmed in an act from 2018
-
Françoise HoenDélégué (pouvoirs spéciaux)State Gazette act 18155794 (23-10-2018)Not recently confirmedlast confirmed in an act from 2018
-
Reinhard SCHNEIDERDirectorState Gazette act 16114754 (12-08-2016)Not recently confirmedlast confirmed in an act from 2016
-
Johann ZwicklhuberDirectorState Gazette act 10091090 (23-06-2010)Not recently confirmedlast confirmed in an act from 2010
-
Heinrich WolfersManaging directorState Gazette act 03072118 (27-06-2003)Not recently confirmedlast confirmed in an act from 2003
Permanent representatives (5)
-
Thomas GhignyReprésentant du commissaireState Gazette act 24105166 (11-07-2024)Permanent representative11-07-2024 → present
-
Domínic RousselleReprésentant permanent de kpmg réviseurs d'entreprises bv/srlState Gazette act 21070596 (15-06-2021)Permanent representative15-06-2021 → present
-
Reinhard SchneiderReprésentant permanent de tana chemie gmbhState Gazette act 21070596 (15-06-2021)Permanent representative15-06-2021 → present
-
Chris De VuystReprésentant de care advies bvba (pouvoirs spéciaux)State Gazette act 18155794 (23-10-2018)Permanent representative23-10-2018 → present
-
Dominic RousselleReprésentant permanent du commissaireState Gazette act 15179788 (24-12-2015)Permanent representative24-12-2015 → present
Former directors (4)
-
Dominic RousselleAuditorState Gazette act 21140498 (30-11-2021)Former- → 30-11-2021
-
Eric Van RaemdonckManaging directorState Gazette act 18155794 (23-10-2018)Former23-06-2010 → 15-06-2021
5 events
- 15-06-2021 Resigned· Managing director
- 23-10-2018 Appointed· Managing director
- 12-08-2016 Appointed· Director
- 23-06-2010 Appointed· Director
- 23-06-2010 Appointed· Daily management delegate
-
Herbert SchoftDirectorState Gazette act 10091090 (23-06-2010)Former- → 23-06-2010
-
Holger FrankManaging directorState Gazette act 03072118 (27-06-2003)Former- → 27-06-2003
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| SRL RSM InterAuditCurrent Commissaire |
- | 11-07-2024 → present |
Show 4 earlier auditors
| Emst & Young Réviseurs d'Entreprises Commissaire |
- | - → 24-12-2015 |
| Ernst & Young Réviseurs d'Entreprises SCCRL Commissaire succeeded by KPMG Réviseurs d'Entreprises SCRL civile in 2015 |
- | 23-06-2010 → 24-12-2015 |
| KPMG Réviseurs d'Entreprises BV/SRL Commissaire succeeded by SRL RSM InterAudit in 2024 |
- | 15-06-2021 → 11-07-2024 |
| KPMG Réviseurs d'Entreprises SCRL civile Commissaire succeeded by KPMG Réviseurs d'Entreprises BV/SRL in 2021 |
- | 24-12-2015 → 15-06-2021 |
| NACE primary | Overige fiscale dienstverlening(69209) |
| Legal form | Public limited company(014) |
| Incorporation | 22-01-1976 |
| Status | Active |
| Postal code | 1401 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-07-2024 2 directors appointed
- SRL RSM InterAudit, Commissaire
- Thomas Ghigny, Représentant du commissaire
Technical details
{
"events": [
{
"kind": "director_in",
"role": "commissaire",
"person": {
"rrn": null,
"name": "SRL RSM InterAudit",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "repr\u00E9sentant du commissaire",
"person": {
"rrn": null,
"name": "Thomas Ghigny",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "WERNER \u0026 MERTZ BENELUX"
}
}30-11-2021 1 director appointed, 1 resigning
- Xavier Nys, Auditor
- Dominic Rousselle, Auditor
Technical details
{
"events": [
{
"kind": "director_out",
"role": "auditor",
"person": {
"rrn": null,
"name": "Dominic Rousselle",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "auditor",
"person": {
"rrn": null,
"name": "Xavier Nys",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "WERNER \u0026 MERTZ BENELUX SA"
}
}15-06-2021 5 directors appointed, 1 resigning
- Thomas Ulbricht, Bestuurder
- tana-Chemie GmbH, Bestuurder
- Reinhard Schneider, Représentant permanent de tana chemie gmbh
- KPMG Réviseurs d'Entreprises BV/SRL, Commissaire
- Domínic Rousselle, Représentant permanent de kpmg réviseurs d'entreprises bv/srl
- Eric Van Raemdonck, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Eric Van Raemdonck",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Thomas Ulbricht",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "tana-Chemie GmbH",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "repr\u00E9sentant permanent de tana-Chemie GmbH",
"person": {
"rrn": null,
"name": "Reinhard Schneider",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "commissaire",
"person": {
"rrn": null,
"name": "KPMG R\u00E9viseurs d\u0027Entreprises BV/SRL",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "repr\u00E9sentant permanent de KPMG R\u00E9viseurs d\u0027Entreprises BV/SRL",
"person": {
"rrn": null,
"name": "Dom\u00EDnic Rousselle",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "WERNER \u0026 MERTZ BENELUX"
}
}28-09-2020 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Eric Van Raemdonck",
"firm_city": null,
"firm_name": null,
"office_city": "Nivelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2020-09-28",
"filing_date": "2020-09-08",
"act_kind_objet": "Confirmation renouvellement mandat administrateur"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2020-07-02",
"unanimous": true
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0415.537.409",
"name": "TRIBUNAL DE L\u0027ENTREPRISE DU BRABANT WALLON",
"role": "other",
"address": "Avenue Jean Monnet 1, bo\u00EEte 6, 1401 Nivelles (Baulers)",
"is_foreign": false,
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_new_company": false,
"jurisdiction_country": null
},
{
"kbo": null,
"name": "tana-Chemie GmbH",
"role": "contributor",
"address": "Rheinallee 96, 55120 Mainz (Allemagne)",
"is_foreign": true,
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_new_company": false,
"jurisdiction_country": "DE"
}
],
"exchange_ratio": null,
"legal_articles": [
"17"
],
"is_cross_border": true,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": 0,
"real_estate_included": false,
"patrimony_description": "Le mandat d\u0027administrateur est renouvel\u00E9 pour tana-Chemie GmbH, repr\u00E9sent\u00E9e par son repr\u00E9sentant permanent, Monsieur Reinhart Schneider, qui a \u00E9t\u00E9 nomm\u00E9 administrateur en 2014. Aucun transfert de patrimoine n\u0027est effectu\u00E9.",
"equity_transferred_eur": null,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "TRIBUNAL DE L\u0027ENTREPRISE DU BRABANT WALLON",
"legal_form": "Soci\u00E9t\u00E9 anonyme"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Eric Van Raemdonck",
"org_rep_person_name": null
},
"summary_narrative": "Les actionnaires de la soci\u00E9t\u00E9 anonyme TRIBUNAL DE L\u0027ENTREPRISE DU BRABANT WALLON ont confirm\u00E9, par \u00E9crit et \u00E0 l\u0027unanimit\u00E9, le renouvellement du mandat de tana-Chemie GmbH, repr\u00E9sent\u00E9e par son repr\u00E9sentant permanent, Monsieur Reinhart Schneider, en qualit\u00E9 d\u0027administrateur. Le mandat est reconduit \u00E0 compter du 15 mai 2015 pour une dur\u00E9e de six ans, jusqu\u0027\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire approuvant les comptes annuels clos au 31 d\u00E9cembre 2020.",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "director_changes"
}09-03-2020 Registered office moved from Waterloo to Baulers
- Drève Richelle 161K, 1410 Waterloo → Avenue Jean Monnet 1, boîte 6, 1401 Baulers
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue Jean Monnet 1, bo\u00EEte 6, 1401 Baulers",
"city": "Baulers",
"region": "waals_gewest",
"street": "Avenue Jean Monnet",
"country": "BE",
"postcode": "1401",
"box_number": "6",
"street_number": "1",
"locality_suffix": null
},
"old_address": {
"raw": "Dr\u00E8ve Richelle 161K, 1410 Waterloo",
"city": "Waterloo",
"region": "waals_gewest",
"street": "Dr\u00E8ve Richelle",
"country": "BE",
"postcode": "1410",
"box_number": null,
"street_number": "161K",
"locality_suffix": null
},
"effective_date": "2020-02-24",
"evidence_quote": "Le conseil d\u0027administration a d\u00E9cid\u00E9 de transf\u00E9rer le si\u00E8ge social de la Soci\u00E9t\u00E9 de la pr\u00E9sente adresse (i.e. Dr\u00E8ve Richelle 161K, 1410 Waterloo) \u00E0 Avenue Jean Monnet 1, bo\u00EEte 6, 1401 Baulers, avec effet au 24 f\u00E9vrier 2020.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Eric Van Raemdonck",
"firm_city": null,
"firm_name": null,
"office_city": "Waterloo",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2020-03-09",
"filing_date": "2020-02-24",
"act_kind_objet": "Objet de l\u0027acte: Transfert du si\u00E8ge social"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2020-02-27",
"unanimous": true
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "WERNER \u0026 MERTZ BENELUX",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Eric Van Raemdonck",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur-d\u00E9l\u00E9gu\u00E9"
},
"co_filed_documents": [
"Extrait du proc\u00E8s-verbal de la r\u00E9union du conseil d\u0027administration"
]
}14-12-2018 KPMG Réviseurs d'Entreprises SCRL appointed as auditor
- KPMG Réviseurs d'Entreprises SCRL, Auditor
Technical details
{
"events": [
{
"kind": "director_in",
"role": "auditor",
"person": {
"rrn": null,
"name": "KPMG R\u00E9viseurs d\u0027Entreprises SCRL",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "WERNER \u0026 MERTZ BENELUX"
}
}23-10-2018 3 directors appointed
- Eric Van Raemdonck, Gedelegeerd bestuurder
- Françoise Hoen, Délégué (pouvoirs spéciaux)
- Chris De Vuyst, Représentant de care advies bvba (pouvoirs spéciaux)
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur-d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Eric Van Raemdonck",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "d\u00E9l\u00E9gu\u00E9 (pouvoirs sp\u00E9ciaux)",
"person": {
"rrn": null,
"name": "Fran\u00E7oise Hoen",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "repr\u00E9sentant de Care Advies BVBA (pouvoirs sp\u00E9ciaux)",
"person": {
"rrn": null,
"name": "Chris De Vuyst",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "WERNER \u0026 MERTZ BENELUX"
}
}12-08-2016 2 directors appointed
- Reinhard SCHNEIDER, Bestuurder
- Eric VAN RAEMDONCK, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Reinhard SCHNEIDER",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Eric VAN RAEMDONCK",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "Werner \u0026 Mertz Benelux"
}
}24-12-2015 2 directors appointed, 1 resigning
- KPMG Réviseurs d'Entreprises SCRL civile, Commissaire
- Dominic Rousselle, Représentant permanent du commissaire
- Emst & Young Réviseurs d'Entreprises, Commissaire
Technical details
{
"events": [
{
"kind": "director_out",
"role": "commissaire",
"person": {
"rrn": null,
"name": "Emst \u0026 Young R\u00E9viseurs d\u0027Entreprises",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "commissaire",
"person": {
"rrn": null,
"name": "KPMG R\u00E9viseurs d\u0027Entreprises SCRL civile",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "repr\u00E9sentant permanent du commissaire",
"person": {
"rrn": null,
"name": "Dominic Rousselle",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "Werner \u0026 Mertz Benelux"
}
}23-06-2010 4 directors appointed, 1 resigning
- Eric Van Raemdonck, Bestuurder
- Johann Zwicklhuber, Bestuurder
- Ernst & Young Réviseurs d'Entreprises SCCRL, Commissaire
- Eric Van Raemdonck, Dagelijks bestuur
- Herbert Schoft, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Herbert Schoft",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Eric Van Raemdonck",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Johann Zwicklhuber",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "commissaire",
"person": {
"rrn": null,
"name": "Ernst \u0026 Young R\u00E9viseurs d\u0027Entreprises SCCRL",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "d\u00E9l\u00E9gu\u00E9 \u00E0 la gestion journali\u00E8re",
"person": {
"rrn": null,
"name": "Eric Van Raemdonck",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "WERNER \u0026 MERTZ BENELUX"
}
}27-06-2003 1 director appointed, 1 resigning
- Heinrich Wolfers, Gedelegeerd bestuurder
- Holger Frank, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Holger Frank",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur d\u00E9l\u00E9gu\u00E9",
"person": {
"rrn": null,
"name": "Heinrich Wolfers",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0415.537.409",
"name_full": "WERNER \u0026 MERTZ BENELUX"
}
}| Legal nameFR | WERNER & MERTZ BENELUX |