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Werva

Active
Private limited companyfounded 2024active for 2 yearsMenenstraat 13, 8560 Wevelgem, BelgiumKBO/BCE: BE 1010.083.566
Summary

Werva has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,317 and a net result of €75,317. Its solvency ranks better than 13% of 3,019 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €480,000
Estimated: probably between €340,000 and €550,000
Total assets
€930,106
Net result
€75,317
Working capital
-€94,551

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €930,106
Fixed assets €703,000
Current assets €227,106
Equity and liabilities €930,106
Equity €81,317
Debt €848,789
Debt finances 91.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€140,005
Cash flow
€132,225
Current ratio
0.71
Quick ratio
0.65
Debt to equity
10.44
ROE
92.6%
ROA
8.1%
Interest coverage
14.64
Debt ≤ 1 year
€321,657
Debt > 1 year
€522,550
Income taxes
€476
Staff costs
€44,681

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 2,157 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 · 48 lines
Balance sheet Code2025
Assets
Total assets20/58€930,106
Fixed assets21/28€703,000
Intangible fixed assets21€1,076
Tangible fixed assets22/27€701,924
Land and buildings22€478,625
Plant, machinery and equipment23€197,736
Furniture and vehicles24€25,563
Current assets29/58€227,106
Stocks and contracts in progress3€18,375
Stocks30/36€18,375
Cash at bank and in hand54/58€207,942
Deferred charges and accrued income490/1€789
Equity and liabilities
Total equity and liabilities10/49€930,106
Equity10/15€81,317
Contributions10/11€6,000
Contributions outside capital11€6,000
Other1109/19€6,000
Reserves13€75,317
Distributable reserves133€75,317
Amounts payable17/49€848,789
Amounts payable after more than one year17€522,550
Financial debts170/4€521,050
Other amounts payable178/9€1,500
Amounts payable within one year42/48€321,657
Current portion of amounts payable after more than one year42€53,027
Trade debts44€15,766
Suppliers440/4€15,766
Taxes, remuneration and social security45€5,424
Taxes450/3€439
Remuneration and social security454/9€4,985
Other amounts payable47/48€247,440
Accrued charges and deferred income492/3€4,582
Income statement Code2025
Remuneration, social security and pensions62€44,681
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56,909
Other operating charges640/8€7,072
Gross operating margin9900€191,759
Operating profit (loss)9901€83,097
Financial income75/76B€2,258
Recurring financial income75€2,258
Financial charges65/66B€9,561
Recurring financial charges65€9,561
Profit (loss) for the period before taxes9903€75,793
Income taxes67/77€476
Profit (loss) for the period9904€75,317
Profit (loss) for the period to be appropriated9905€75,317
Appropriation of the result
Profit (loss) to be appropriated9906€75,317
Transfer to equity691/2€75,317
To other reserves6921€75,317

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€44,681
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56,909
Other operating charges640/8€7,072
Gross operating margin9900€191,759
Operating profit (loss)9901€83,097
Financial income75/76B€2,258
Recurring financial income75€2,258
Financial charges65/66B€9,561
Recurring financial charges65€9,561
Profit (loss) for the period before taxes9903€75,793
Income taxes67/77€476
Profit (loss) for the period9904€75,317
Profit (loss) for the period to be appropriated9905€75,317
Line2025
Assets
Total assets20/58€930,106
Fixed assets21/28€703,000
Intangible fixed assets21€1,076
Tangible fixed assets22/27€701,924
Land and buildings22€478,625
Plant, machinery and equipment23€197,736
Furniture and vehicles24€25,563
Current assets29/58€227,106
Stocks and contracts in progress3€18,375
Stocks30/36€18,375
Cash at bank and in hand54/58€207,942
Deferred charges and accrued income490/1€789
Equity and liabilities
Total equity and liabilities10/49€930,106
Equity10/15€81,317
Contributions10/11€6,000
Contributions outside capital11€6,000
Other1109/19€6,000
Reserves13€75,317
Distributable reserves133€75,317
Amounts payable17/49€848,789
Amounts payable after more than one year17€522,550
Financial debts170/4€521,050
Other amounts payable178/9€1,500
Amounts payable within one year42/48€321,657
Current portion of amounts payable after more than one year42€53,027
Trade debts44€15,766
Suppliers440/4€15,766
Taxes, remuneration and social security45€5,424
Taxes450/3€439
Remuneration and social security454/9€4,985
Other amounts payable47/48€247,440
Accrued charges and deferred income492/3€4,582
Line2025
Profit (loss) for the period9904€75,317
+ Depreciation and write-downs630€56,909
Operating cash flow (approximation)€132,225

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 01-07-2026 2026-00238739

Similar companies · same sector, comparable size

Of the 6,946 active companies whose main activity is dental practice (NACE 86230), figures are known for 4,374. 3,549 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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