WERVIMMO (0434.899.993): financials and annual accounts

WERVIMMO

Bruges ·KBO/BCE: BE 0434.899.993

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	14.1m	14.3m	10.0m	10.2m	10.4m	10.7m	10.9m	11.0m	11.2m	11.4m	11.2m	10.6m	6.3m	6.4m	6.3m	6.1m	6.2m	6.7m	6.0m
Fixed assets`21/28`	13.8m	14.0m	9.6m	9.9m	10.1m	10.4m	10.7m	10.9m	10.9m	11.3m	10.9m	10.3m	6.1m	6.2m	6.2m	6.0m	6.2m	6.5m	5.7m
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	190	380	570	760	-	-	-	-	-	-
Tangible fixed assets`22/27`	13.8m	14.0m	9.6m	9.9m	10.1m	10.4m	10.7m	10.9m	10.9m	11.3m	10.9m	10.3m	6.1m	6.2m	6.2m	6.0m	6.2m	6.5m	5.7m
Land and buildings`22`	13.7m	14.0m	9.3m	9.7m	10.0m	10.3m	10.6m	10.8m	10.8m	11.2m	10.8m	10.2m	6.0m	6.0m	6.0m	5.8m	6.1m	6.4m	5.6m
Plant, machinery and equipment`23`	35,470	45,510	59,426	84,647	100,677	117,069	126,061	123,659	114,993	117,286	87,947	98,530	115,104	107,021	109,112	108,229	103,549	113,698	29,899
Furniture and vehicles`24`	27,643	12,786	22,583	28,378	16,800	25,257	699	1,440	7,439	13,439	24,392	30,718	39,983	37,364	53,732	62,542	14,750	21,536	40,581
Assets under construction and advance payments`27`	-	0	237,592	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	-	-	-	-	-	-	457	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	300,126	249,871	373,972	369,392	234,385	270,652	190,702	18,801	295,728	23,393	261,546	314,842	157,965	236,674	86,430	77,897	34,324	150,900	241,993
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,187	-	-	-	-
Trade receivables`290`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,187	-	-	-	-
Amounts receivable within one year`40/41`	38,505	19,618	138,099	142,770	35,712	6,955	114,548	1,935	13,108	2,619	18	52,361	726	2,530	-	348	197	13,137	230,158
Trade receivables`40`	38,505	13,368	133,255	108,297	250	5,881	113,190	1,935	2,115	2,619	18	2,521	726	2,530	-	-	-	1,850	2
Other amounts receivable`41`	0	6,250	4,844	34,473	35,462	1,074	1,358	-	10,993	-	-	49,840	-	-	-	348	197	11,287	230,156
Cash at bank and in hand`54/58`	147,992	132,245	143,448	141,880	98,234	113,040	3,918	6,396	272,430	9,765	246,055	231,677	128,999	206,579	55,072	59,936	16,029	73,976	2,259
Deferred charges and accrued income`490/1`	113,629	98,008	92,425	84,742	100,439	150,657	72,236	10,470	10,191	11,010	15,473	30,803	28,240	27,566	29,171	17,613	18,098	63,787	9,576
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	14.1m	14.3m	10.0m	10.2m	10.4m	10.7m	10.9m	11.0m	11.2m	11.4m	11.2m	10.6m	6.3m	6.4m	6.3m	6.1m	6.2m	6.7m	6.0m
Equity`10/15`	5.2m	4.6m	4.2m	3.8m	3.3m	3.0m	2.5m	2.0m	1.5m	951,677	520,764	855,394	1.3m	1.0m	843,860	719,928	408,258	78,905	159,344
Contributions`10/11`	545,226	545,226	545,226	545,226	545,226	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000
Capital`10`	545,000	545,000	545,000	545,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000	545,000
Contributions outside capital`11`	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226
Share premium`1100/10`	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226	226
Reserves`13`	4.6m	4.1m	3.7m	3.3m	2.8m	2.4m	2.0m	1.5m	1.0m	637,436	645,354	706,945	714,313	457,045	298,634	213,478	221,909	68,493	70,181
Non-distributable reserves`130/1`	54,500	54,500	54,500	54,500	54,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	54,500	54,500	54,500	54,500	54,500	54,500	54,500	54,500	54,500	51,621	51,621	51,621	51,621	37,202	28,058	21,446	21,446	11,721	11,721
Tax-exempt reserves`132`	32,917	42,962	69,245	79,555	89,866	100,176	110,486	120,797	131,107	106,790	114,708	122,626	129,994	137,230	146,664	156,098	164,529	20,837	22,526
Distributable reserves`133`	4.5m	4.0m	3.6m	3.2m	2.6m	2.3m	1.8m	1.3m	815,445	479,025	479,025	532,699	532,699	282,613	123,912	35,934	35,934	35,934	35,934
Profit (loss) carried forward`14`	0	0	0	-	-	-	-	-	-	-230,985	-669,815	-396,776	-	-	-	-38,776	-358,877	-534,814	-456,063
Provisions and deferred taxes`16`	7,296	12,469	18,188	22,114	26,040	29,966	33,892	37,818	41,744	28,606	31,300	33,994	36,405	38,345	41,418	44,490	46,667	665	1,299
Deferred taxes`168`	7,296	12,469	18,188	22,114	26,040	29,966	33,892	37,818	41,744	28,606	31,300	33,994	36,405	38,345	41,418	44,490	46,667	665	1,299
Amounts payable`17/49`	8.9m	9.6m	5.7m	6.4m	7.0m	7.7m	8.4m	8.9m	9.6m	10.4m	10.7m	9.8m	5.0m	5.4m	5.4m	5.3m	5.8m	6.6m	5.8m
Amounts payable after more than one year`17`	7.8m	8.6m	4.8m	5.3m	6.0m	6.8m	7.3m	8.0m	8.6m	9.3m	9.2m	9.0m	4.4m	4.8m	4.8m	5.0m	5.4m	6.1m	5.5m
Financial debts`170/4`	6.1m	6.9m	3.6m	4.1m	4.8m	5.6m	6.1m	7.0m	7.7m	8.3m	8.2m	8.1m	3.7m	4.1m	4.3m	4.3m	4.8m	5.5m	5.0m
Other amounts payable`178/9`	1.7m	1.7m	1.3m	1.2m	1.1m	1.2m	1.2m	1.0m	943,124	986,160	904,632	902,765	692,173	664,587	587,880	617,855	578,268	585,682	504,779
Amounts payable within one year`42/48`	985,544	905,808	833,512	972,758	929,523	767,551	966,467	805,386	1.0m	1.1m	1.5m	753,546	598,349	582,225	495,519	335,297	334,871	476,446	307,238
Current portion of amounts payable after more than one year`42`	833,949	804,351	564,965	734,202	826,295	645,083	766,342	706,824	899,400	876,185	844,514	675,712	473,171	403,201	332,380	259,789	282,648	275,928	229,029
Financial debts`43`	53,121	56,727	60,510	66,844	66,667	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	53,121	56,727	60,510	66,844	66,667	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	11,545	4,445	175,327	167,749	33,237	43,192	34,776	44,566	40,718	156,929	467,089	57,680	42,112	123,221	114,534	26,339	13,483	127,809	78,209
Suppliers`440/4`	11,545	4,445	175,327	167,749	33,237	43,192	34,776	44,566	40,718	156,929	467,089	57,680	42,112	123,221	114,534	26,339	13,483	127,809	78,209
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,500	-
Taxes, remuneration and social security`45`	86,929	40,286	32,710	3,963	3,324	79,276	165,349	53,995	79,555	47,328	116,945	20,155	59,222	32,502	10,963	19,922	1,226	-	-
Taxes`450/3`	86,929	40,286	32,710	3,963	3,324	79,276	165,349	53,995	79,555	47,328	116,945	20,155	59,222	32,502	10,963	19,922	1,226	-	-
Other amounts payable`47/48`	-	-	-	-	-	-	-	-	-	-	53,673	-	23,844	23,301	37,642	29,248	37,514	45,209	-
Accrued charges and deferred income`492/3`	148,423	102,367	97,016	78,260	94,450	97,001	81,913	25,478	8,647	12,826	22,301	25,603	26,670	17,935	26,037	26,976	51,914	63,144	36,318
Income statement
Non-recurring operating income`76A`	-	0	87,248	0	39,699	-	-	-	-	19,068	-	17,898	4,163	-	21,358	10,585	207,824	-	-
Gross operating margin`9900`	1.7m	1.5m	1.2m	1.2m	1.1m	1.3m	1.4m	1.5m	1.5m	1.3m	824,172	838,728	968,132	979,568	917,119	968,705	800,239	858,079	486,433
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	328,788	286,206	213,818	304,014	320,133	337,540	336,919	342,688	361,301	346,630	526,751	894,815	356,748	385,675	334,726	288,044	274,004	526,559	232,665
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	1,059	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-191	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	207,008	209,800	158,930	147,344	146,088	138,727	215,841	181,111	167,270	259,982	304,952	143,837	28,106	127,849	187,632	114,854	19,067	89,085	89,292
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	5,472	-	-	-	-	-	-	-
Operating profit (loss)`9901`	1.2m	966,410	832,716	767,302	672,222	815,570	894,814	1.0m	1.0m	649,741	-7,531	-199,925	583,278	466,045	394,761	565,806	507,168	242,435	164,476
Financial income`75/76B`	1,815	4,069	1,223	0	0	-	2	31	149	1,037	1,232	2,709	3,638	961	1,030	982	1,326	15,327	18,145
Recurring financial income`75`	1,815	4,069	1,223	0	0	-	2	31	149	1,037	1,232	2,709	3,638	961	1,030	982	1,326	15,327	18,145
Financial charges`65/66B`	337,338	295,473	122,240	106,741	125,356	137,879	160,766	183,193	227,908	241,303	276,919	221,052	177,129	190,859	198,357	218,624	331,936	338,835	250,945
Recurring financial charges`65`	337,338	295,473	122,240	106,741	125,356	137,879	160,766	183,193	227,908	241,303	276,919	221,052	177,129	190,859	198,357	218,624	331,936	338,835	250,945
Profit (loss) for the period before taxes`9903`	874,707	675,007	711,700	660,561	546,866	677,690	734,050	836,936	788,782	428,543	-283,218	-405,842	413,950	276,147	218,792	358,750	384,382	-81,073	-68,323
Transfer from deferred taxes`780`	5,173	10,877	3,926	3,926	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes`67/77`	220,230	173,865	177,098	166,441	179,243	241,418	262,303	338,839	232,099	325	432	714	134,755	97,488	60,272	19,998	-	-	-
Profit (loss) for the period`9904`	659,650	512,018	538,527	498,046	371,549	440,198	475,673	502,023	560,393	430,912	-280,957	-404,145	281,135	181,731	161,593	340,927	338,380	-80,439	-67,689
Transfer from tax-exempt reserves`789`	10,046	21,124	10,310	10,310	10,310	10,310	10,310	10,310	9,891	7,918	7,918	7,368	9,984	9,434	9,434	10,292	10,292	1,688	1,688
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	-	-	-	-	-	2,748	-	-	1,861	153,983	-	-
Profit (loss) for the period to be appropriated`9905`	669,695	533,143	548,838	508,356	381,860	450,509	485,983	512,333	570,284	438,830	-273,039	-396,776	288,371	191,165	171,027	349,358	194,688	-78,750	-66,000
Appropriation of the result
Profit (loss) to be appropriated`9906`	669,695	533,143	548,838	508,356	381,860	450,509	485,983	512,333	339,299	-230,985	-669,815	-396,776	288,371	191,165	132,251	-9,519	-340,125	-534,814	-456,063
Transfer from equity`791/2`	126,400	126,400	126,400	-	-	-	-	-	230,985	-	53,673	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	669,695	533,143	548,838	508,356	381,860	450,509	485,983	512,333	570,284	-	-	-	264,504	167,845	94,590	-	9,725	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	2,879	-	-	-	14,419	9,144	6,613	-	9,725	-	-
To other reserves`6921`	669,695	533,143	548,838	508,356	381,860	450,509	485,983	512,333	567,405	-	-	-	250,086	158,701	87,978	-	-	-	-
Profit to be distributed`694/7`	126,400	126,400	126,400	-	-	-	-	-	-	-	53,673	-	23,867	23,320	37,661	29,257	9,027	-	-
Return on contributions (dividend)`694`	126,400	126,400	126,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
30-06-2025	abbreviated format	12-01-2026	2026-00007735	PDF
30-06-2024	abbreviated format	24-12-2024	2025-00629793	PDF
30-06-2023	abbreviated format	22-01-2024	2024-00004170	PDF
30-06-2022	abbreviated format	23-01-2023	2023-00007119	PDF
30-06-2021	abbreviated format	19-01-2022	2022-01300514	PDF
30-06-2020	abbreviated format	27-10-2020	2020-63900398	PDF
30-06-2019	abbreviated format	28-10-2019	2019-71600062	PDF
30-06-2018	abbreviated format	31-10-2018	2018-71100053	PDF
30-06-2017	abbreviated format	31-10-2017	2017-68900520	PDF
30-06-2016	abbreviated format	27-10-2016	2016-66500513	PDF
30-06-2015	abbreviated format	11-12-2015	2015-68500419	PDF
30-06-2014	abbreviated format	13-01-2015	2015-01800395	PDF
30-06-2013	abbreviated format	20-11-2013	2013-66200439	PDF
30-06-2012	abbreviated format	06-11-2012	2012-63000535	PDF
30-06-2011	abbreviated format	22-11-2011	2011-61100514	PDF
30-06-2010	abbreviated format	20-10-2010	2010-58200593	PDF
30-06-2009	abbreviated format	20-10-2009	2009-81700125	PDF
30-06-2008	abbreviated format	26-11-2008	2008-82300033	PDF
30-06-2007	abbreviated format	23-10-2007	2007-77700397	PDF
30-06-2006	abbreviated format	30-10-2006	2006-85300133	PDF
30-06-2005	abbreviated format	19-10-2005	2005-83100486	PDF
30-06-2004	abbreviated format	03-11-2004	2004-77505086	PDF
30-06-2003	abbreviated format	03-12-2003	2003-81701762	PDF
30-06-2002	abbreviated format	25-02-2003	2003-05601455	PDF
30-06-2001	abbreviated format	20-11-2001	2001-70403007	PDF
30-06-2000	abbreviated format	19-12-2000	2000-76500169	PDF
30-06-1999	abbreviated format	04-01-2000	2000-00203408	PDF
30-06-1998	abbreviated format	04-01-2000	2000-00203395	PDF
30-06-1997	abbreviated format	04-01-2000	2000-00203382	PDF
30-06-1996	abbreviated format	04-01-2000	2000-00203369	PDF
30-06-1995	abbreviated format	27-11-1995	1995-58202440	PDF
30-06-1994	abbreviated format	21-02-1995	1995-02605323	PDF
30-06-1993	abbreviated format	21-12-1993	1993-46601084	PDF
30-06-1992	abbreviated format	08-01-1993	1993-00502513	PDF
30-06-1991	abbreviated format	25-11-1991	1991-31201283	PDF
30-06-1990	abbreviated format	18-02-1991	1991-01801337	PDF
30-06-1989	abbreviated format	26-02-1990	1990-01502947	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	1.5m	1.3m	1.0m	1.1m	992,355	1.2m	1.2m	1.4m	1.4m	996,371	519,220	694,891	940,026	851,720	729,488	853,851	781,172	768,994	397,141
Cash flow	988,437	798,225	752,345	802,060	691,682	777,738	812,592	844,711	921,694	777,542	245,794	490,671	637,883	567,406	496,320	628,972	612,384	446,120	164,976
Investment in fixed assets	63,145	4.9m	28,276	31,613	21,608	42,864	121,577	352,935	266,911	665,967	1.3m	5.1m	312,501	378,558	484,757	124,241	15,815	1.3m	79,481
Change in cash	15,747	-11,203	1,568	43,646	-14,806	109,122	-2,478	-266,033	262,665	-236,290	14,378	102,678	-77,579	151,507	-4,864	43,906	-57,946	71,717	-
Working capital	-685,418	-655,937	-459,540	-603,366	-695,138	-496,899	-775,765	-786,585	-723,944	-1.1m	-1.2m	-438,705	-440,384	-345,551	-409,089	-257,401	-300,547	-325,545	-65,245
Solvency	36.7%	32.4%	42.4%	37.5%	32.2%	27.7%	23.1%	18.7%	13.8%	8.4%	4.6%	8.0%	20.1%	15.7%	13.5%	11.8%	6.6%	1.2%	2.7%
Current ratio	0.30	0.28	0.45	0.38	0.25	0.35	0.20	0.02	0.29	0.02	0.18	0.42	0.26	0.41	0.17	0.23	0.10	0.32	0.79
Debt to equity	1.72	2.08	1.35	1.66	2.10	2.60	3.31	4.33	6.24	10.90	20.47	11.40	3.95	5.34	6.36	7.40	14.14	83.73	36.45
ROE	12.8%	11.1%	12.7%	13.0%	11.1%	14.9%	18.8%	24.5%	36.2%	45.3%	-54.0%	-47.2%	22.3%	18.1%	19.1%	47.4%	82.9%	-101.9%	-42.5%
ROA	4.7%	3.6%	5.4%	4.9%	3.6%	4.1%	4.4%	4.6%	5.0%	3.8%	-2.5%	-3.8%	4.5%	2.8%	2.6%	5.6%	5.4%	-1.2%	-1.1%
Interest coverage	4.56	4.24	8.56	10.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Debts secured on the company's own assets	€6.1m	€6.9m	€3.6m	-
Mortgages, amount registered	€2.7m	€2.7m	€2.4m	€2.4m
Carrying value of the mortgaged assets	€13.7m	€14.0m	€9.4m	€9.8m

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€63,145	€4.9m	€28,276	€31,613
Depreciation and write-downs of the year	€328,788	€286,206	€213,818	€304,014

WERVIMMO

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency36.7%

Current ratio0.30

Return on assets4.7%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on WERVIMMO

Next steps