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WERNER RECORDING

Active Risk: very low
Limited partnershipfounded 201114 yrs activePagodenlaan 187, 1020 Brussel, BelgiumKBO/BCE: BE 0840.921.902
Summary

WERNER RECORDING has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €29,513 and a net result of €9,198. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2018
Profitability64
Solvency60
Growth-
Track record85
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2018
Solvency, return and age of the figures
Solvency
34.6%
Return on assets
10.8%
Age of the figures
93 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 26-04-2019, 96 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

WERNER RECORDING was incorporated on 9 November 2011.1 The company has filed 7 sets of annual accounts, the latest for fiscal year 2018.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018

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Financials · fiscal year 2018, micro schema

Equity
€29,513
Total assets
€85,395
Net result
€9,198
Working capital
€13,984

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €85,395
Fixed assets €27,410
Current assets €57,985
Equity and liabilities €85,395
Equity €29,513
Debt €55,882
Debt finances 65.4% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€20,638
Cash flow
€16,563
Current ratio
1.32
Debt to equity
0.34
ROE
31.2%
ROA
10.8%
Debt ≤ 1 year
€44,000
Debt > 1 year
€10,132
Income taxes
€3,359
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 23 lines
Balance sheet Code2018
Assets
Total assets20/58€85,395
Fixed assets21/28€27,410
Tangible fixed assets22/27€26,975
Financial fixed assets28€436
Current assets29/58€57,985
Amounts receivable within one year40/41€55,970
Equity and liabilities
Total equity and liabilities10/49€85,395
Equity10/15€29,513
Contributions10/11€1,000
Reserves13€9,360
Profit (loss) carried forward14€19,153
Amounts payable17/49€55,882
Amounts payable after more than one year17€10,132
Amounts payable within one year42/48€44,000
Trade debts44€2,726
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,365
Gross operating margin9900€21,152
Operating profit (loss)9901€13,273
Recurring financial charges65€716
Profit (loss) for the period before taxes9903€12,557
Income taxes67/77€3,359
Profit (loss) for the period9904€9,198
Profit (loss) for the period to be appropriated9905€9,198
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,365
Gross operating margin9900€21,152
Operating profit (loss)9901€13,273
Recurring financial charges65€716
Profit (loss) for the period before taxes9903€12,557
Income taxes67/77€3,359
Profit (loss) for the period9904€9,198
Profit (loss) for the period to be appropriated9905€9,198
Line2018
Assets
Total assets20/58€85,395
Fixed assets21/28€27,410
Tangible fixed assets22/27€26,975
Financial fixed assets28€436
Current assets29/58€57,985
Amounts receivable within one year40/41€55,970
Equity and liabilities
Total equity and liabilities10/49€85,395
Equity10/15€29,513
Contributions10/11€1,000
Reserves13€9,360
Profit (loss) carried forward14€19,153
Amounts payable17/49€55,882
Amounts payable after more than one year17€10,132
Amounts payable within one year42/48€44,000
Trade debts44€2,726
Line2018
Profit (loss) for the period9904€9,198
+ Depreciation and write-downs630€7,365
Operating cash flow (approximation)€16,563

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2019
26-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
09-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
09-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
02-04
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
21-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 21 days late
NBB filing
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Brussel · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
9,815 m²
Building footprint
642 m²
Volume, LiDAR
12,348 m³
2 parcels, Brussels · tallest building 28.3 m, ±8 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
WERNER RECORDING
Parnassusgaarde 13, 1050 ElseneSound recording
since 20112.204.456.444
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21442A0012/00Y000
ProtectedMonumentHerenhuis Baron BuffinSource ↗
Brussels 9,313 m² 1 · 531 m² 28.3 m · 8 fl.
21819C0112/00B002 Brussels 502 m² 1 · 110 m² 11.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 796 companies in sector 59201 we hold annual accounts for 162. 135 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formLimited partnership
Founded09-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
59201Sound recording
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
47793Retail sale of other second-hand goods, excluding clothing
59130Motion picture, video and television programme production, sound recording and music publishing activities
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0840921902
Also 9925:BE0840921902
Registered 28-05-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.