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WeRock

Active
Public limited companyfounded 2024active for 2 yearsRue de l'Eglise(CRX) 14, 7120 Estinnes, BelgiumKBO/BCE: BE 1012.400.678
Summary

WeRock has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,685 and a net result of -€69,375. Its solvency ranks better than 25% of 1,368 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, abbreviated format

Equity
€5,685
Total assets
€160,944
Net result
-€69,375
Working capital
€2,618

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €160,944
Fixed assets €105,819
Current assets €55,126
Equity and liabilities €160,944
Equity €5,685
Debt €155,259
Debt finances 96.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€40,797
Cash flow
-€42,944
Current ratio
1.05
Debt to equity
27.31
ROA
-43.1%
Interest coverage
-20.69
Debt ≤ 1 year
€52,508
Debt > 1 year
€102,751
Income taxes
€175
A ratio outside any meaningful range has been withheld (balance sheet total €160,944, equity €5,685).

Peer companies

Historical observation

Of the 757 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 86.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
4.8% stopped otherwise
86.8% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 757 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€160,944
Formation expenses20€0
Fixed assets21/28€105,819
Tangible fixed assets22/27€105,819
Land and buildings22€71,584
Plant, machinery and equipment23€33,610
Furniture and vehicles24€625
Current assets29/58€55,126
Amounts receivable within one year40/41€10,093
Trade receivables40€5,227
Other amounts receivable41€4,866
Cash at bank and in hand54/58€45,033
Equity and liabilities
Total equity and liabilities10/49€160,944
Equity10/15€5,685
Contributions10/11€75,060
Capital10€75,060
Issued capital100€75,060
Profit (loss) carried forward14-€69,375
Amounts payable17/49€155,259
Amounts payable after more than one year17€102,751
Financial debts170/4€102,751
Amounts payable within one year42/48€52,508
Current portion of amounts payable after more than one year42€22,249
Trade debts44€9,317
Suppliers440/4€9,317
Taxes, remuneration and social security45€175
Taxes450/3€175
Other amounts payable47/48€20,767
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,431
Other operating charges640/8€2,436
Non-recurring operating charges66A€1,276
Gross operating margin9900-€37,086
Operating profit (loss)9901-€67,228
Financial charges65/66B€1,972
Recurring financial charges65€1,972
Profit (loss) for the period before taxes9903-€69,200
Income taxes67/77€175
Profit (loss) for the period9904-€69,375
Profit (loss) for the period to be appropriated9905-€69,375
Appropriation of the result
Profit (loss) to be appropriated9906-€69,375

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,431
Other operating charges640/8€2,436
Non-recurring operating charges66A€1,276
Gross operating margin9900-€37,086
Operating profit (loss)9901-€67,228
Financial charges65/66B€1,972
Recurring financial charges65€1,972
Profit (loss) for the period before taxes9903-€69,200
Income taxes67/77€175
Profit (loss) for the period9904-€69,375
Profit (loss) for the period to be appropriated9905-€69,375
Line2025
Assets
Total assets20/58€160,944
Formation expenses20€0
Fixed assets21/28€105,819
Tangible fixed assets22/27€105,819
Land and buildings22€71,584
Plant, machinery and equipment23€33,610
Furniture and vehicles24€625
Current assets29/58€55,126
Amounts receivable within one year40/41€10,093
Trade receivables40€5,227
Other amounts receivable41€4,866
Cash at bank and in hand54/58€45,033
Equity and liabilities
Total equity and liabilities10/49€160,944
Equity10/15€5,685
Contributions10/11€75,060
Capital10€75,060
Issued capital100€75,060
Profit (loss) carried forward14-€69,375
Amounts payable17/49€155,259
Amounts payable after more than one year17€102,751
Financial debts170/4€102,751
Amounts payable within one year42/48€52,508
Current portion of amounts payable after more than one year42€22,249
Trade debts44€9,317
Suppliers440/4€9,317
Taxes, remuneration and social security45€175
Taxes450/3€175
Other amounts payable47/48€20,767
Line2025
Profit (loss) for the period9904-€69,375
+ Depreciation and write-downs630€26,431
Operating cash flow (approximation)-€42,944

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 03-07-2026 2026-00276207

Similar companies · same sector, comparable size

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.