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WEVARCO

Active
Private limited companyfounded 198640 yrs activeSint-Pietersstraat(West) 11, 8954 Heuvelland, BelgiumKBO/BCE: BE 0428.671.209
Summary

The annual accounts of WEVARCO for fiscal year 2025 show a net loss of 71% of total assets and of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €1,001 and a net result of -€6,270. Equity is shrinking by ~20.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 27% of 3163 sector peers (fiscal year 2025). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency36▼-32
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.03 against 1.68 in 2024; short-term debt: 82.9% and cash: 65.2% of total assets), and 88.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
11.4%
Return on assets
-71.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,270
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
13 d late
2023
9 d early
2022
12 d early
2021
2 d late
2020
1 d early
2019
4 d early
← 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 6 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

WEVARCO was incorporated on 19 March 1986.1 Total assets fell from EUR 50,978 in 2018 to EUR 8,802 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€1,001▼ 86.2%
2024 · €7,271
Total assets
€8,802▼ 47.4%
2024 · €16,722
Net result
-€6,270▲ 6.7%
2024 · -€6,718
Working capital
€224▼ 96.4%
2024 · €6,159
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€504-€7,855-€13,960▼ 77.7%-€6,046▲ 56.7%-€5,643▲ 6.7%
Net result€202within the sector's middle half-€8,170below the sector's middle half-€14,547below the sector's middle half▼ 78.1%-€6,718within the sector's middle half▲ 53.8%-€6,270below the sector's middle half▲ 6.7%
Equity€36,704within the sector's middle half▲ 0.6%€28,535within the sector's middle half▼ 22.3%€13,988below the sector's middle half▼ 51.0%€7,271below the sector's middle half▼ 48.0%€1,001below the sector's middle half▼ 86.2%
Total assets€46,779below the sector's middle half▼ 4.6%€41,865below the sector's middle half▼ 10.5%€26,530below the sector's middle half▼ 36.6%€16,722below the sector's middle half▼ 37.0%€8,802below the sector's middle half▼ 47.4%
Debt€10,075▼ 19.6%€13,330▲ 32.3%€12,542▼ 5.9%€9,451▼ 24.6%€7,801▼ 17.5%
Working capital€28,695within the sector's middle half▲ 8.9%€25,146within the sector's middle half▼ 12.4%€12,561within the sector's middle half▼ 50.0%€6,159within the sector's middle half▼ 51.0%€224within the sector's middle half▼ 96.4%
Solvency78.5%above the sector's middle half▲ 4.0pp68.2%above the sector's middle half▼ 10.3pp52.7%within the sector's middle half▼ 15.4pp43.5%within the sector's middle half▼ 9.2pp11.4%within the sector's middle half▼ 32.1pp
Current ratio3.91above the sector's middle half▲ 0.772.92above the sector's middle half▼ 1.002.03within the sector's middle half▼ 0.891.68within the sector's middle half▼ 0.351.03within the sector's middle half▼ 0.65
Return on assets (ROA)0.4%within the sector's middle half▲ 14.1pp-19.5%below the sector's middle half▼ 19.9pp-54.8%below the sector's middle half▼ 35.3pp-40.2%below the sector's middle half▲ 14.7pp-71.2%below the sector's middle half▼ 31.1pp
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2021: €504€504Net result 2021: €202€202Operating result 2022: -€7,855-€7,855Net result 2022: -€8,170-€8,170Operating result 2023: -€13,960-€13,960Net result 2023: -€14,547-€14,547Operating result 2024: -€6,046-€6,046Net result 2024: -€6,718-€6,718Operating result 2025: -€5,643-€5,643Net result 2025: -€6,270-€6,27020212022202320242025-€15,000-€10,000-€5,000€0Operating result 2023: -€13,960-€14,000Net result 2023: -€14,547-€14,500Operating result 2024: -€6,046-€6,050Net result 2024: -€6,718-€6,720Operating result 2025: -€5,643-€5,640Net result 2025: -€6,270-€6,270202320242025
The operating result stays negative: a loss of €5,643 in 2025 against €6,046 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8,802
Fixed assets €1,279 ▼ 15.8%
Current assets €7,524 ▼ 50.5%
Equity and liabilities €8,802
Equity €1,001 ▼ 86.2%
Debt €7,801 ▼ 17.5%
Debt's share of the balance-sheet total rises from 56.5% to 88.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€5,403▲
2024 · -€5,806
Cash flow
-€6,029▲
2024 · -€6,477
Debt to equity
7.79▲
2024 · 1.30
ROE
-626.4%▼
2024 · -92.4%
Interest coverage
-8.12▼
2024 · -7.62
Debt ≤ 1 year
€7,299▼
2024 · €9,043
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,221 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
3.5% went bankrupt
7.4% stopped otherwise
88% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,221 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 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€16,722€8,802▼
Fixed assets21/28€1,519€1,279▼
Tangible fixed assets22/27€1,519€1,279▼
Other tangible fixed assets26€1,519€1,279▼
Current assets29/58€15,203€7,524▼
Amounts receivable within one year40/41€40€39▼
Other amounts receivable41€40€39▼
Cash at bank and in hand54/58€13,849€5,742▼
Deferred charges and accrued income490/1€1,315€1,743▲
Equity and liabilities
Total equity and liabilities10/49€16,722€8,802▼
Equity10/15€7,271€1,001▼
Contributions10/11€18,600€18,600=
Reserves13€52,496€52,496=
Distributable reserves133€52,496€52,496=
Profit (loss) carried forward14-€63,826-€70,095▼
Amounts payable17/49€9,451€7,801▼
Amounts payable within one year42/48€9,043€7,299▼
Trade debts44€1,469€236▼
Suppliers440/4€1,469€236▼
Taxes, remuneration and social security45€634€272▼
Taxes450/3€634€272▼
Other amounts payable47/48€6,940€6,792▼
Accrued charges and deferred income492/3€408€502▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€240€240=
Other operating charges640/8€3,257€2,447▼
Gross operating margin9900-€2,549-€2,956▼
Operating profit (loss)9901-€6,046-€5,643▲
Financial income75/76B€90€39▼
Recurring financial income75€90€39▼
Financial charges65/66B€762€666▼
Recurring financial charges65€762€666▼
Profit (loss) for the period before taxes9903-€6,718-€6,270▲
Profit (loss) for the period9904-€6,718-€6,270▲
Profit (loss) for the period to be appropriated9905-€6,718-€6,270▲
Appropriation of the result
Profit (loss) to be appropriated9906-€63,826-€70,095▼
Profit (loss) brought forward from the previous period14P-€57,108-€63,826▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,556€4,634€1,840€240€240=
Other operating charges640/8€2,113€2,569€3,519€3,257€2,447▼ 24.9%
Gross operating margin9900€7,174-€652-€8,601-€2,549-€2,956▼ 16.0%
Operating profit (loss)9901€504-€7,855-€13,960-€6,046-€5,643▲ 6.7%
Financial income75/76B€163€162€43€90€39▼ 56.5%
Recurring financial income75€163€162€43€90€39▼ 56.5%
Financial charges65/66B€465€477€630€762€666▼ 12.6%
Recurring financial charges65€465€477€630€762€666▼ 12.6%
Profit (loss) for the period before taxes9903€202-€8,170-€14,547-€6,718-€6,270▲ 6.7%
Profit (loss) for the period9904€202-€8,170-€14,547-€6,718-€6,270▲ 6.7%
Profit (loss) for the period to be appropriated9905€202-€8,170-€14,547-€6,718-€6,270▲ 6.7%
Line20212022202320242025Change
Assets
Total assets20/58€46,779€41,865€26,530€16,722€8,802▼ 47.4%
Fixed assets21/28€8,234€3,600€1,759€1,519€1,279▼ 15.8%
Tangible fixed assets22/27€8,234€3,600€1,759€1,519€1,279▼ 15.8%
Furniture and vehicles24€3,200€1,600----
Other tangible fixed assets26€5,034€2,000€1,759€1,519€1,279▼ 15.8%
Current assets29/58€38,546€38,265€24,771€15,203€7,524▼ 50.5%
Amounts receivable within one year40/41€10,104€714€26€40€39▼ 2.7%
Trade receivables40€9,773€27€13---
Other amounts receivable41€331€687€13€40€39▼ 2.7%
Current investments50/53€18,000-----
Cash at bank and in hand54/58€8,411€35,067€22,188€13,849€5,742▼ 58.5%
Deferred charges and accrued income490/1€2,031€2,485€2,557€1,315€1,743▲ 32.6%
Equity and liabilities
Total equity and liabilities10/49€46,779€41,865€26,530€16,722€8,802▼ 47.4%
Equity10/15€36,704€28,535€13,988€7,271€1,001▼ 86.2%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11€18,600-----
Other1109/19€18,600-----
Reserves13€52,496€52,496€52,496€52,496€52,496=
Non-distributable reserves130/1€1,859€1,859----
Legal reserve130€1,859-----
Reserves not available under the articles1311-€1,859----
Distributable reserves133€50,637€50,637€52,496€52,496€52,496=
Profit (loss) carried forward14-€34,392-€42,562-€57,108-€63,826-€70,095▼ 9.8%
Amounts payable17/49€10,075€13,330€12,542€9,451€7,801▼ 17.5%
Amounts payable within one year42/48€9,850€13,119€12,210€9,043€7,299▼ 19.3%
Trade debts44€1,847€3,983€4,541€1,469€236▼ 83.9%
Suppliers440/4€1,847€3,983€4,541€1,469€236▼ 83.9%
Taxes, remuneration and social security45€96€90€400€634€272▼ 57.1%
Taxes450/3€96€90€400€634€272▼ 57.1%
Other amounts payable47/48€7,907€9,046€7,269€6,940€6,792▼ 2.1%
Accrued charges and deferred income492/3€224€211€333€408€502▲ 23.1%
Line20212022202320242025Change
Profit (loss) for the period9904€202-€8,170-€14,547-€6,718-€6,270▲ 6.7%
+ Depreciation and write-downs630€4,556€4,634€1,840€240€240=
Operating cash flow (approximation)€4,759-€3,536-€12,706-€6,477-€6,029▲ 6.9%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€26,656-€12,879-€8,340-€8,107▲ 2.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
13-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€14,547
Net result drops to -€14,547, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
02-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial Back to profitnet €202
Net result €202 after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €4,529
Net result €4,529 after one loss-making year.
23-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heuvelland · 1 establishment unit since 1986
seat establishment The establishment unit on the map
Ground area
7,378 m²
Building footprint
1,062 m²
Volume, LiDAR
4,090 m³
Parcel 33030A0281/00G000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Sint-Pietersstraat(West) 11, 8954 Heuvelland
Growing of cereals (except rice), leguminous crops and oil seeds
since 19862.029.151.215
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33030A0281/00G000 Flanders 7,378 m² 1 · 1,062 m² 8.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Heuvelland2.029.151.215
1 permission
Toelating · Boerderij - varkens · since 07-12-2010

Similar companies · same sector, comparable size

Of 7,634 companies in sector 01410 we hold annual accounts for 1,848. 84 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
01410Raising of dairy cattle
E-invoicing
Reachable via Peppol
Peppol ID 0208:0428671209
Also 9925:BE0428671209
Registered 29-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.