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WERQINUS

Active
Private limited companyfounded 20206 yrs activeMassemsesteenweg 55, 9230 Wetteren, BelgiumKBO/BCE: BE 0744.997.117

WERQINUS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €273k. Equity is shrinking by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 2324 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
62 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-24
Solvency27=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.53 in 2024; short-term debt: 41% and cash: 2.3% of total assets), and 98.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
1.5%
Return on assets
16.6%
Age of the figures
17 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 2324 sector peers (2025).
NBB · sector comparison
Position among 2324 sector peers
Solvency
better than 6%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 12-11-2025, 18 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
18 d early
2024
67 d early
2023
62 d early
2022
62 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
30-04-2026 close22-09-2026 today30-11-2026 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€25k=
2024 · €25k
2022: €58k 2023: €279k 2024: €25k
2022 → 2025
Total assets
€1.64M▲ 10.6%
2024 · €1.49M
2022: €899k 2023: €1.35M 2024: €1.49M
2022 → 2025
Net result
€273k▼ 31.7%
2024 · €400k
2022: €71k 2023: €221k 2024: €400k
2022 → 2025
Working capital
€-350k▲ 2.2%
2024 · €-358k
2022: €-107k 2023: €-114k 2024: €-358k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€58k-€279k▲ 380%€25k▼ 91.0%€25k=
Operating result€-118k-€-70k▲ 40.8%€161k€98k▼ 39.3%
Net result€71k-€221k▲ 210%€400k▲ 81.3%€273k▼ 31.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2022: €-118k€-118kNet result 2022: €71k€71kOperating result 2023: €-70k€-70kNet result 2023: €221k€221kOperating result 2024: €161k€161kNet result 2024: €400k€400kOperating result 2025: €98k€98kNet result 2025: €273k€273k2022202320242025
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets €1.32M▲ 21.8%
Current assets €323k▼ 19.6%
Equity and liabilities €1.64M
Equity €25k=
Debt €1.62M▲ 10.7%
The debt ratio rises from 98.3% to 98.5%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€167k
2024 · €222k
Cash flow
€342k
2024 · €461k
Solvency
1.5%
2024 · 1.7%
Current ratio
0.48
2024 · 0.53
Quick ratio
0.48
2024 · 0.53
Debt / equity
64.71
2024 · 58.44
ROA
16.6%
2024 · 26.9%
Interest coverage
4.34
2024 · 21.40
Debt
€1.62M
2024 · €1.46M
Debt ≤ 1 year
€674k
2024 · €761k
Debt > 1 year
€923k
2024 · €699k
Income taxes
€352
2024 · €317
A ratio outside any meaningful range has been withheld (balance sheet total €1.64M, equity €25k).
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€1.49M€1.64M
Fixed assets21/28€1.08M€1.32M
Tangible fixed assets22/27€973k€1.21M
Land and buildings22€965k€1.21M
Furniture and vehicles24€8k€4k
Financial fixed assets28€111k€111k=
Current assets29/58€403k€323k
Amounts receivable within one year40/41€216k€284k
Trade receivables40€21k€21k
Other amounts receivable41€195k€263k
Current investments50/53€150k-
Cash at bank and in hand54/58€36k€38k
Deferred charges and accrued income490/1€620€641
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.64M
Equity10/15€25k€25k=
Contributions10/11€25k€25k=
Amounts payable17/49€1.46M€1.62M
Amounts payable after more than one year17€699k€923k
Financial debts170/4€699k€923k
Amounts payable within one year42/48€761k€674k
Current portion of amounts payable after more than one year42€51k€68k
Trade debts44€5k€666
Suppliers440/4€5k€666
Taxes, remuneration and social security45-€352
Taxes450/3-€352
Other amounts payable47/48€704k€605k
Accrued charges and deferred income492/3€2k€22k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€69k
Other operating charges640/8€5k€42k
Gross operating margin9900€227k€209k
Operating profit (loss)9901€161k€98k
Financial income75/76B€250k€214k
Recurring financial income75€250k€214k
Financial charges65/66B€10k€38k
Recurring financial charges65€10k€38k
Profit (loss) for the period before taxes9903€400k€274k
Income taxes67/77€317€352
Profit (loss) for the period9904€400k€273k
Profit (loss) for the period to be appropriated9905€400k€273k
Appropriation of the result
Profit (loss) to be appropriated9906€654k€273k
Profit (loss) brought forward from the previous period14P€254k-
Profit to be distributed694/7€654k€273k
Return on contributions (dividend)694€654k€273k

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-11-2026
2025
12-11
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
24-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
30-04
Financial Highest result since 2022net €400k ▲81.3%
Operating result €161k, net result €400k, both a record.
2023
29-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
30-04
Financial Equity above €200kEq €279k ▲380%
2 profitable years in a row build equity to €279k.
2022
29-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Wetteren · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Massemsesteenweg 559230 Wetteren
Ground area
1,900 m²
Building footprint
347 m²
Volume, LiDAR
2,192 m³
Parcel 42303F0185/00T000, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WERQINUS
Massemsesteenweg 55, 9230 WetterenHoldings
since 20202.301.040.235
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42303F0185/00T000 Flanders 1,900 m² 1 · 347 m² 9.6 m · 3 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.

Similar companies · same sector, comparable size

Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 2,390 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-03-2020
Fiscal year end30-04
Activities, NACEBEL
86230Dental practice
64210Activities of holding companies
86991Human health activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.