WERPAX
ActiveWERPAX has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €724k and a net result of €-66k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-67
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.4 against 17.9 in 2024; short-term debt: 24.9% and cash: 6.1% of total assets), and 24.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.1%
Return on assets
-6.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
2 d early
2023
23 d early
2022
on the day
2020
on the day
2019
141 d late
2018
65 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€724k▼ 8.3%
2024 · €790k
2018: €103k
2019: €278k
2020: €302k
2022: €670k
2023: €737k
2024: €790k
2018 → 2025
Total assets
€964k▲ 15.0%
2024 · €838k
2018: €328k
2019: €534k
2020: €530k
2022: €884k
2023: €847k
2024: €838k
2018 → 2025
Net result
€-66k
2024 · €53k
2018: €14k
2019: €25k
2020: €24k
2022: €317k
2023: €67k
2024: €53k
2018 → 2025
Working capital
€576k▼ 25.3%
2024 · €772k
2018: €-189k
2019: €-208k
2020: €-180k
2022: €654k
2023: €717k
2024: €772k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€302k-€670k▲ 122%€737k▲ 10.0%€790k▲ 7.2%€724k▼ 8.3%
Operating result€47k-€96k▲ 104%€107k▲ 10.9%€69k▼ 35.7%€-73k
Net result€24k-€317k▲ 1,222%€67k▼ 78.8%€53k▼ 21.3%€-66k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €73k after €69k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €964k
Fixed assets
€148k▲ 620%
Current assets
€816k▼ 0.1%
Equity and liabilities €964k
Equity
€724k▼ 8.3%
Debt
€240k▲ 397%
The debt ratio rises from 5.8% to 24.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-63k▼
2024 · €75k
Cash flow
€-56k▼
2024 · €59k
Solvency
75.1%▼
2024 · 94.2%
Current ratio
3.40▼
2024 · 17.90
Quick ratio
3.39▼
2024 · 17.90
Debt / equity
0.33▲
2024 · 0.06
ROE
-9.1%▼
2024 · 6.7%
ROA
-6.8%▼
2024 · 6.3%
Interest coverage
-20.28▼
2024 · 23.20
Debt
€240k▲
2024 · €48k
Debt ≤ 1 year
€240k▲
2024 · €46k
Income taxes
€435▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€838k€964k▲
Fixed assets21/28€21k€148k▲
Intangible fixed assets21-€107k
Tangible fixed assets22/27€21k€40k▲
Land and buildings22€5k€7k▲
Plant, machinery and equipment23€11k€23k▲
Furniture and vehicles24€4k€10k▲
Current assets29/58€818k€816k▼
Stocks and contracts in progress3-€1k
Stocks30/36-€1k
Amounts receivable within one year40/41€24k€46k▲
Trade receivables40€7k€39k▲
Other amounts receivable41€17k€7k▼
Current investments50/53€703k€709k▲
Cash at bank and in hand54/58€88k€59k▼
Deferred charges and accrued income490/1€3k€473▼
Equity and liabilities
Total equity and liabilities10/49€838k€964k▲
Equity10/15€790k€724k▼
Contributions10/11€164k€164k=
Reserves13€573k€573k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k-
Other1319-€2k
Distributable reserves133€571k€571k=
Profit (loss) carried forward14€53k€-13k▼
Amounts payable17/49€48k€240k▲
Amounts payable within one year42/48€46k€240k▲
Financial debts43-€200k
Credit institutions430/8-€200k
Trade debts44€2k€38k▲
Suppliers440/4€2k€38k▲
Taxes, remuneration and social security45€18k€0▼
Taxes450/3€18k€0▼
Other amounts payable47/48€26k€3k▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A-€7k
Gross operating margin9900€77k€-51k▼
Operating profit (loss)9901€69k€-73k▼
Financial income75/76B€4k€10k▲
Recurring financial income75€4k€10k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€69k€-65k▼
Income taxes67/77€17k€435▼
Profit (loss) for the period9904€53k€-66k▼
Profit (loss) for the period to be appropriated9905€53k€-66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€-13k▼
Profit (loss) brought forward from the previous period14P-€53k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-66k ▼224%
Net result drops to €-66k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 17.90
Current ratio from 7.83 to 17.90; short-term debt falls from €105k to €46k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €317k ▲1222%
Net result €317k, the highest in the series.
31-12
Financial
Liquidity times 19current ratio 4.06
Current ratio from 0.21 to 4.06; short-term debt falls from €228k to €214k.
31-12
Financial
Equity above €500kEq €670k ▲122%
4 profitable years in a row build equity to €670k.
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 141 days late
2019
31-12
Financial
Equity above €200kEq €278k ▲170%
2 profitable years in a row build equity to €278k.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kontich · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heiveldekens 92550 KontichGround area
4,000 m²
Building footprint
1,215 m²
Volume, LiDAR
5,322 m³
Parcel 11602E0074/00L000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Werpax
since 20052.146.156.474
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0074/00L000 | Flanders | 4,000 m² | 1 · 1,215 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 330 EUR awarded · 330 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 330 EUR | 330 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 31,223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2004
Fiscal year end31-12
Activities, NACEBEL
46620Wholesale of machine tools
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:patrick@werpax.be
Phone:0475/37.87.58