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Wevan

Active
Private limited companyfounded 2024active for 1 yearProcessieweg 42, 8810 Lichtervelde, BelgiumKBO/BCE: BE 1016.259.793
Summary

Wevan has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,833 and a net result of €44,499. Its solvency ranks better than 47% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

Equity
€47,833
Total assets
€108,401
Net result
€44,499
Working capital
€18,521

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €108,401
Fixed assets €48,001
Current assets €60,400
Equity and liabilities €108,401
Equity €47,833
Debt €60,567
Debt finances 55.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€63,125
Cash flow
€50,732
Current ratio
1.44
Debt to equity
1.27
ROE
93.0%
ROA
41.1%
Interest coverage
29.07
Debt ≤ 1 year
€41,879
Debt > 1 year
€18,688
Income taxes
€10,298

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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 11,280 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 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€108,401
Fixed assets21/28€48,001
Tangible fixed assets22/27€47,410
Plant, machinery and equipment23€2,377
Furniture and vehicles24€42,714
Other tangible fixed assets26€2,319
Financial fixed assets28€591
Current assets29/58€60,400
Amounts receivable within one year40/41€13,475
Trade receivables40€8,646
Other amounts receivable41€4,829
Cash at bank and in hand54/58€46,428
Deferred charges and accrued income490/1€497
Equity and liabilities
Total equity and liabilities10/49€108,401
Equity10/15€47,833
Contributions10/11€5,000
Reserves13€42,833
Distributable reserves133€42,833
Amounts payable17/49€60,567
Amounts payable after more than one year17€18,688
Financial debts170/4€18,688
Amounts payable within one year42/48€41,879
Current portion of amounts payable after more than one year42€4,757
Trade debts44€2,453
Suppliers440/4€2,453
Taxes, remuneration and social security45€10,714
Taxes450/3€10,714
Other amounts payable47/48€23,955
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,233
Other operating charges640/8€753
Gross operating margin9900€63,878
Operating profit (loss)9901€56,892
Financial income75/76B€76
Recurring financial income75€76
Financial charges65/66B€2,171
Recurring financial charges65€2,171
Profit (loss) for the period before taxes9903€54,797
Income taxes67/77€10,298
Profit (loss) for the period9904€44,499
Profit (loss) for the period to be appropriated9905€44,499
Appropriation of the result
Profit (loss) to be appropriated9906€44,499
Transfer to equity691/2€42,833
To other reserves6921€42,833
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,233
Other operating charges640/8€753
Gross operating margin9900€63,878
Operating profit (loss)9901€56,892
Financial income75/76B€76
Recurring financial income75€76
Financial charges65/66B€2,171
Recurring financial charges65€2,171
Profit (loss) for the period before taxes9903€54,797
Income taxes67/77€10,298
Profit (loss) for the period9904€44,499
Profit (loss) for the period to be appropriated9905€44,499
Line2025
Assets
Total assets20/58€108,401
Fixed assets21/28€48,001
Tangible fixed assets22/27€47,410
Plant, machinery and equipment23€2,377
Furniture and vehicles24€42,714
Other tangible fixed assets26€2,319
Financial fixed assets28€591
Current assets29/58€60,400
Amounts receivable within one year40/41€13,475
Trade receivables40€8,646
Other amounts receivable41€4,829
Cash at bank and in hand54/58€46,428
Deferred charges and accrued income490/1€497
Equity and liabilities
Total equity and liabilities10/49€108,401
Equity10/15€47,833
Contributions10/11€5,000
Reserves13€42,833
Distributable reserves133€42,833
Amounts payable17/49€60,567
Amounts payable after more than one year17€18,688
Financial debts170/4€18,688
Amounts payable within one year42/48€41,879
Current portion of amounts payable after more than one year42€4,757
Trade debts44€2,453
Suppliers440/4€2,453
Taxes, remuneration and social security45€10,714
Taxes450/3€10,714
Other amounts payable47/48€23,955
Line2025
Profit (loss) for the period9904€44,499
+ Depreciation and write-downs630€6,233
Operating cash flow (approximation)€50,732

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 micro format 15-06-2026 2026-00160530

Similar companies · same sector, comparable size

Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,502. 8,673 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €150 awarded · €150 paid
Schemes
1 entry · €150 · €150 paid · Fonds voor Innoveren en Ondernemen

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