Wewo
ActiveSummary
Wewo has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14,951 and a net result of €23,372. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 36386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
59
/ 100
Fair
The figures in the accounts for fiscal year 2024 give a score of 59 on their own. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+82
Solvency38▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.32 against 1.09 in 2023; short-term debt: 42.2% and cash: 0.8% of total assets), and 87% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
13%
Return on assets
20.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 36386 sector peers (2024).
NBB · sector comparisonPosition among 36386 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
145 d late
2023
67 d late
2021
119 d late
2019
4 d early
2018
362 d late
2017
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 112 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€14,951
2023 · -€8,421
Total assets
€115,264▼ 4.5%
2023 · €120,699
Net result
€23,372
2023 · -€18,760
Working capital
€15,760▲ 224%
2023 · €4,864
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20182019202120232024
Operating result-€28,235-€10,669€48,021-€3,076-€33,218▲ 980%
Net result-€32,444-€4,809€37,113above the sector's middle half--€18,760below the sector's middle half-€23,372within the sector's middle half
Equity-€29,430--€24,621▲ 16.3%-€1,029below the sector's middle half--€8,421below the sector's middle half-€14,951below the sector's middle half
Total assets€105,181-€113,355▲ 7.8%€139,720within the sector's middle half-€120,699within the sector's middle half-€115,264within the sector's middle half▼ 4.5%
Debt€134,611-€137,975▲ 2.5%€140,750-€129,120-€100,313▼ 22.3%
Working capital-€26,164--€18,135▲ 30.7%-€50,182below the sector's middle half-€4,864within the sector's middle half-€15,760within the sector's middle half▲ 224%
Solvency-28.0%--21.7%▲ 6.3pp-0.7%below the sector's middle half--7.0%below the sector's middle half-13.0%below the sector's middle half▲ 19.9pp
Current ratio0.52-0.71▲ 0.190.34below the sector's middle half-1.09below the sector's middle half-1.32within the sector's middle half▲ 0.24
Return on assets (ROA)-30.8%-4.2%▲ 35.1pp26.6%above the sector's middle half--15.5%below the sector's middle half-20.3%above the sector's middle half▲ 35.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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
The operating result rises in 2024; 2024 is 980% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €115,264
Fixed assets
€50,849 ▼ 15.2%
Current assets
€64,415 ▲ 6.0%
Equity and liabilities €115,264
Equity
€14,951
Debt
€100,313
Debt finances 87.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€42,308▲
2023 · €12,616
Cash flow
€32,462▲
2023 · -€9,220
Debt to equity
6.71▲
2023 · -15.33
ROE
156.3%
Interest coverage
8.44▲
2023 · 1.42
Debt ≤ 1 year
€48,655▼
2023 · €55,895
Debt > 1 year
€51,658▼
2023 · €73,225
Income taxes
€7,706▼
2023 · €14,839
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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 5,053 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
| Line | 2018 | 2019 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €19,008 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,392 | €8,370 | €8,959 | €9,540 | €9,090 | ▼ 4.7% |
| Other operating charges640/8 | - | - | €2,070 | €8,407 | €4,658 | ▼ 44.6% |
| Non-recurring operating charges66A | - | - | - | €35,837 | - | - |
| Gross operating margin9900 | -€8,543 | €21,523 | €59,050 | €56,860 | €46,966 | ▼ 17.4% |
| Operating profit (loss)9901 | -€28,235 | €10,669 | €48,021 | €3,076 | €33,218 | ▲ 980% |
| Financial income75/76B | - | - | - | €1,857 | €2,875 | ▲ 54.8% |
| Recurring financial income75 | €93 | €17 | - | €1,857 | €2,875 | ▲ 54.8% |
| Financial charges65/66B | - | - | €3,467 | €8,854 | €5,014 | ▼ 43.4% |
| Recurring financial charges65 | €4,302 | €4,794 | €3,467 | €8,854 | €5,014 | ▼ 43.4% |
| Profit (loss) for the period before taxes9903 | -€32,444 | €5,891 | €44,554 | -€3,921 | €31,078 | ▲ 893% |
| Income taxes67/77 | - | €1,082 | €7,441 | €14,839 | €7,706 | ▼ 48.1% |
| Profit (loss) for the period9904 | -€32,444 | €4,809 | €37,113 | -€18,760 | €23,372 | ▲ 225% |
| Profit (loss) for the period to be appropriated9905 | -€32,444 | €4,809 | €37,113 | -€18,760 | €23,372 | ▲ 225% |
| Line | 2018 | 2019 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105,181 | €113,355 | €139,720 | €120,699 | €115,264 | ▼ 4.5% |
| Fixed assets21/28 | €77,170 | €68,799 | €113,452 | €59,939 | €50,849 | ▼ 15.2% |
| Tangible fixed assets22/27 | €77,170 | €68,799 | €113,452 | €59,939 | €50,849 | ▼ 15.2% |
| Land and buildings22 | - | - | €66,588 | €58,022 | €50,116 | ▼ 13.6% |
| Plant, machinery and equipment23 | - | - | €1,730 | €390 | €39 | ▼ 90.1% |
| Furniture and vehicles24 | - | - | €45,134 | €1,528 | €694 | ▼ 54.5% |
| Current assets29/58 | €28,011 | €44,555 | €26,269 | €60,759 | €64,415 | ▲ 6.0% |
| Amounts receivable after more than one year29 | - | - | - | €46,000 | €48,875 | ▲ 6.3% |
| Trade receivables290 | - | - | - | €46,000 | €48,875 | ▲ 6.3% |
| Amounts receivable within one year40/41 | €27,750 | €31,445 | €26,269 | €14,129 | €14,638 | ▲ 3.6% |
| Trade receivables40 | - | - | €26,243 | €12,017 | €13,757 | ▲ 14.5% |
| Other amounts receivable41 | - | - | €26 | €2,112 | €881 | ▼ 58.3% |
| Cash at bank and in hand54/58 | €261 | €12,848 | - | €630 | €902 | ▲ 43.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105,181 | €113,355 | €139,720 | €120,699 | €115,264 | ▼ 4.5% |
| Equity10/15 | -€29,430 | -€24,621 | -€1,029 | -€8,421 | €14,951 | ▲ 278% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€35,630 | -€30,821 | -€7,229 | -€14,621 | €8,751 | ▲ 160% |
| Amounts payable17/49 | €134,611 | €137,975 | €140,750 | €129,120 | €100,313 | ▼ 22.3% |
| Amounts payable after more than one year17 | €80,436 | €75,285 | €64,300 | €73,225 | €51,658 | ▼ 29.5% |
| Financial debts170/4 | - | - | €64,300 | €73,225 | €51,658 | ▼ 29.5% |
| Amounts payable within one year42/48 | €54,175 | €62,690 | €76,450 | €55,895 | €48,655 | ▼ 13.0% |
| Current portion of amounts payable after more than one year42 | - | - | €5,619 | €21,895 | €21,566 | ▼ 1.5% |
| Financial debts43 | - | - | €15 | - | - | - |
| Credit institutions430/8 | - | - | €15 | - | - | - |
| Trade debts44 | €28,987 | €32,761 | €9,751 | €754 | €721 | ▼ 4.4% |
| Suppliers440/4 | - | - | €9,751 | €754 | €721 | ▼ 4.4% |
| Taxes, remuneration and social security45 | - | - | €45,550 | €32,432 | €24,655 | ▼ 24.0% |
| Taxes450/3 | - | - | €45,550 | €32,432 | €24,655 | ▼ 24.0% |
| Other amounts payable47/48 | - | - | €15,515 | €813 | €1,712 | ▲ 111% |
| Line | 2018 | 2019 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€32,444 | €4,809 | €37,113 | -€18,760 | €23,372 | ▲ 225% |
| + Depreciation and write-downs630 | €8,392 | €8,370 | €8,959 | €9,540 | €9,090 | ▼ 4.7% |
| Operating cash flow (approximation) | -€24,053 | €13,180 | €46,072 | -€9,220 | €32,462 | ▲ 452% |
| Investment in fixed assets (approximation) | - | €0 | - | - | €0 | - |
| Change in cash | - | €12,587 | - | - | €272 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 145 days late
2024
31-12
Financial
Back to profitnet €23,372
Net result €23,372 after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 1.09
Current ratio from 0.34 to 1.09; short-term debt falls from €76,450 to €55,895.
2022
27-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 119 days late
2021
31-12
Financial
Highest result since 2018net €37,113 ▲672%
Operating result €48,021, net result €37,113, both a record.
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 362 days late
2019
31-12
Financial
Back to profitnet €4,809
Net result €4,809 after one loss-making year.
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
06-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 249 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
08-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 8 days late
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.
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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, Brasschaat · 1 establishment unit since 2011
Ground area
591 m²
Building footprint
294 m²
Volume, LiDAR
1,914 m³
Parcel 11324D0012/00D007, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
WEWO
since 20112.202.287.208
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0012/00D007 | Flanders | 591 m² | 1 · 294 m² | 11.2 m · 2 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.
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 6,551 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 (pre-2019)
Founded07-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837674776
Also
9925:BE0837674776
Registered
05-01-2026
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.