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WESEARCH

Active
Public limited companyfounded 2011active for 15 yearsHaverwerf 10, 2800 Mechelen, BelgiumKBO/BCE: BE 0840.050.880
Summary

WESEARCH has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €293,958. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 93% of 312 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
WESEARCHActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Temporary employment agencies and other provision of personnel
NACE 78200
5th largest employer in Mechelen, Administrative and support services sector1 site
Size
€6.3mtotal assets 2025
Staff
91.5 FTE
Equity
€5.2m
Profit
€293,958
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
  • I CANManaging director · permanent representative Xavier VERHOESTRAETE
  • M.G.R.Managing director · permanent representative Guy REYNIERS
2025 accounts 18 days early1 of 5 deeds summarised
Why 96raises riskLiquidity: current ratio 5.56, cash €28,758, halvedlowers riskProfit of €293,958 (financial year 2025)Founded in 2011Figures for financial year 2025 (filed 13-07-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 78, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 82.1% of total assets
Liquidity 46-3
short-term debt 17.9% · cash 0.5%
Profitability 75+1
return on assets 4.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (118 companies, NACE 78, medium-sized)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €490,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.56, compared with 5.95 in 2024, above the usual 1.5; short-term debt: 17.9% and cash: 0.5% of total assets), and 17.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 78, medium-sized): better than 95% on solvency, 46% on liquidity, 68% on profitability and 54% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 5.56, cash €28,758, halved
NBB · annual accounts
lowers risk · Profit of €293,958 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 13-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
15 days early
2023
33 days early
2022
12 days early
2021
24 days late
2020
10 days early
2019
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 78) for financial year 2024 is 14 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Equity above €5mequity €5.2m ▲6%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 8% on solvencysector median 32.5% · 312 companies 82.1% View
  • Positive: 8 profitable years in a rowprofit 2025: €293,958 8 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€6.3m
Profit
€293,958
Solvency
82.1%
Total assets▲ 7.6%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2013
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 28-06-2024Annual accounts filed
  3. 15-12-2023Reappointments: M.G.R. (director and managing director) and…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Temporary employment agencies and other provision of personnelNACE 78200
Founded
23-09-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about WESEARCH

What is the company number of WESEARCH?
0840.050.880. In Belgium the VAT number is the company number with BE in front: BE 0840.050.880.
Where is WESEARCH based?
The registered office is at Haverwerf 10, 2800 Mechelen.Company details
What does WESEARCH do?
According to the KBO register, the main activity is temporary employment agencies and other provision of personnel (NACE 78200).
What is the legal form of WESEARCH?
Public limited company (NV).
When was WESEARCH founded?
On 23-09-2011.
Is WESEARCH still active?
Yes, WESEARCH is an active enterprise in the KBO register.
How many employees does WESEARCH have?
On average 91.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WESEARCH?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is WESEARCH profitable?
In financial year 2025, WESEARCH made a profit of €293,958.
Where can I find the annual accounts of WESEARCH?
WESEARCH filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WESEARCH due?
By 31-07-2027, for financial year 2026.Timeline

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