WETRANS
WETRANS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €363k and a net result of €195k. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 1216 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €363k |
| Net result | €195k |
| Better than sector | 91% |
| Active | 5 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 88.7% | 47.1% | |
| Net result | €195k | €43k | |
| Equity | €363k | €85k | |
| Gross operating margin | €260k | €70k | |
| Total assets | €409k | €211k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €195k | €162k | €117k | €93k | €40k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - | - |
| Income taxes | €63k | €50k | €35k | €25k | €10k |
| Dividends | €0 | €250k | - | - | - |
| Total assets | €409k | €433k | €280k | €154k | €64k |
| Equity | €363k | €167k | €255k | €138k | €45k |
| Debt | €46k | €266k | €25k | €16k | €19k |
| of which ≤ 1y | €46k | €266k | €25k | €16k | €19k |
| of which > 1y | - | - | - | - | - |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 88.7% | 38.6% | 91.1% | 89.5% | 70.4% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | 47.8% | 37.5% | 41.9% | 60.3% | 62.6% |
| ROE | 53.9% | 97.0% | 46.0% | 67.3% | 88.9% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €409k | €433k | €280k | €154k | €64k |
| Fixed assets | 21/28 | €5k | €8k | €2k | €1k | €3k |
| Tangible fixed assets | 22/27 | €5k | €8k | €2k | €1k | €1k |
| Financial fixed assets | 28 | €40 | €40 | - | €0 | €2k |
| Current assets | 29/58 | €404k | €425k | €278k | €153k | €61k |
| Amounts receivable within one year | 40/41 | €94k | €34k | €33k | €28k | €39k |
| Cash & bank | 54/58 | €308k | €390k | €244k | €120k | €22k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €409k | €433k | €280k | €154k | €64k |
| Equity | 10/15 | €363k | €167k | €255k | €138k | €45k |
| Contributions / capital | 10/11 | €5k | €5k | €5k | €5k | €5k |
| Reserves | 13 | €358k | €162k | €250k | €133k | €40k |
| Accumulated profits (losses) | 14 | €0 | €0 | - | - | - |
| Amounts payable | 17/49 | €46k | €266k | €25k | €16k | €19k |
| Amounts payable within one year | 42/48 | €46k | €266k | €25k | €16k | €19k |
| Trade debts payable within one year | 44 | €521 | €1k | €2k | €4k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €260k | €207k | €155k | €120k | €54k |
| Operating result | 9901 | €256k | €205k | €154k | €119k | €50k |
| Financial income | 75 | €3k | €8k | €20 | €121 | €0 |
| Financial charges | 65 | €945 | €1k | €1k | €791 | €35 |
| Result before taxes | 9903 | €258k | €212k | €153k | €118k | €50k |
| Income taxes | 67/77 | €63k | €50k | €35k | €25k | €10k |
| Net result for the period | 9904 | €195k | €162k | €117k | €93k | €40k |
| Result to be appropriated | 9905 | €195k | €162k | €117k | €93k | €40k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 11-03-2021 |
| Status | Active |
| Postal code | 9031 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017A0670/00A000 | Flanders | 2,756 m² | 1 · 166 m² | 7.6 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
31-05-2022 Registered office moved within Drongen
- Raapstraat 59, 9031 Drongen → Luchterenstraat 10, 9031 Drongen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Luchterenstraat 10, 9031 Drongen",
"city": "Drongen",
"region": "vlaams_gewest",
"street": "Luchterenstraat",
"country": "BE",
"postcode": "9031",
"box_number": null,
"street_number": "10",
"locality_suffix": null
},
"old_address": {
"raw": "Raapstraat 59, 9031 Drongen",
"city": "Drongen",
"region": "vlaams_gewest",
"street": "Raapstraat",
"country": "BE",
"postcode": "9031",
"box_number": null,
"street_number": "59",
"locality_suffix": null
},
"effective_date": "2022-04-13",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-05-20",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bevoegde_bestuursorgaan",
"date": "2022-04-13",
"unanimous": null
},
"subject_company": {
"kbo": "0764.955.460",
"name_full": "Wetrans",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0633.526.794",
"org_name": "BV Tellent",
"person_name": null,
"org_rep_person_name": "Olivier Van Damme",
"person_role_at_subject": null
},
"co_filed_documents": [
"Annexes du Moniteur belge",
"Med PDF 19.01"
]
}| Legal nameNL | WETRANS |