Wherco
ActiveWherco has been active since 1956 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.30M and a net result of €52k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-34
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 9.41 against 8.26 in 2024), and 14% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86%
Return on assets
1.4%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
21 d late
2023
31 d late
2022
61 d late
2021
29 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.30M▲ 1.6%
2024 · €3.25M
2018: €2.12M
2019: €2.12M
2020: €2.14M
2021: €2.55M
2022: €2.64M
2023: €2.98M
2024: €3.25M
2018 → 2025
Total assets
€3.84M▼ 0.3%
2024 · €3.85M
2018: €2.22M
2019: €2.18M
2020: €2.21M
2021: €2.64M
2022: €2.68M
2023: €3.43M
2024: €3.85M
2018 → 2025
Net result
€52k▼ 80.7%
2024 · €272k
2018: €-4k
2019: €6k
2020: €22k
2021: €404k
2022: €92k
2023: €553k
2024: €272k
2018 → 2025
Working capital
€3.18M▲ 1.3%
2024 · €3.14M
2018: €1.97M
2019: €1.97M
2020: €1.98M
2021: €2.39M
2022: €2.29M
2023: €2.78M
2024: €3.14M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.55M-€2.64M▲ 3.6%€2.98M▲ 12.7%€3.25M▲ 9.1%€3.30M▲ 1.6%
Operating result€336k-€124k▼ 63.1%€756k▲ 508%€292k▼ 61.3%€-5k
Net result€404k-€92k▼ 77.2%€553k▲ 501%€272k▼ 50.9%€52k▼ 80.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €292k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.84M
Fixed assets
€278k=
Current assets
€3.56M▼ 0.4%
Equity and liabilities €3.84M
Equity
€3.30M▲ 1.6%
Provisions
€158k=
Debt
€378k▼ 14.7%
The debt ratio falls from 11.5% to 9.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
86.0%▲
2024 · 84.4%
Current ratio
9.41▲
2024 · 8.26
Quick ratio
9.41▲
2024 · 8.26
Debt / equity
0.11▼
2024 · 0.14
ROE
1.6%▼
2024 · 8.4%
ROA
1.4%▼
2024 · 7.1%
Debt
€378k▼
2024 · €443k
Debt ≤ 1 year
€378k▼
2024 · €432k
Income taxes
€24k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.85M€3.84M▼
Fixed assets21/28€278k€278k=
Tangible fixed assets22/27€0-
Land and buildings22€0-
Financial fixed assets28€278k€278k=
Current assets29/58€3.57M€3.56M▼
Amounts receivable after more than one year29€597k€775k▲
Other amounts receivable291€597k€775k▲
Amounts receivable within one year40/41€15k€376▼
Trade receivables40€0-
Other amounts receivable41€15k€376▼
Current investments50/53€2.11M€2.20M▲
Cash at bank and in hand54/58€850k€586k▼
Equity and liabilities
Total equity and liabilities10/49€3.85M€3.84M▼
Equity10/15€3.25M€3.30M▲
Contributions10/11€20k€20k=
Reserves13€3.20M€3.28M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€479k€479k=
Distributable reserves133€2.72M€2.80M▲
Profit (loss) carried forward14€25k€0▼
Provisions and deferred taxes16€158k€158k=
Deferred taxes168€158k€158k=
Amounts payable17/49€443k€378k▼
Amounts payable within one year42/48€432k€378k▼
Financial debts43€784€512▼
Credit institutions430/8€784€512▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€0€13k▲
Taxes450/3€0€13k▲
Other amounts payable47/48€430k€363k▼
Accrued charges and deferred income492/3€11k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€1k€1k▼
Gross operating margin9900€294k€-3k▼
Operating profit (loss)9901€292k€-5k▼
Financial income75/76B€77k€85k▲
Recurring financial income75€77k€85k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€366k€77k▼
Transfer to deferred taxes680€78k€0▼
Income taxes67/77€17k€24k▲
Profit (loss) for the period9904€272k€52k▼
Transfer to tax-exempt reserves689€234k€0▼
Profit (loss) for the period to be appropriated9905€37k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€77k▲
Profit (loss) brought forward from the previous period14P€25k€25k▲
Transfer from equity791/2€0-
Transfer to equity691/2€37k€77k▲
To other reserves6921€37k€77k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €553k ▲501%
Operating result €756k, net result €553k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 430.61
Current ratio from 114.55 to 430.61; short-term debt falls from €17k to €5k.
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lokeren · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kasteeldreef 739160 LokerenGround area
1,766 m²
Building footprint
440 m²
Volume, LiDAR
1,346 m³
Parcel 46007B1398/00C000, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kasteeldreef 73, 9160 Lokeren
since 20192.322.990.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007B1398/00C000 | Flanders | 1,766 m² | 1 · 440 m² | 9.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Legal Entity Identifier
2549003N8X4P84H4TE45
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Of 2,258 companies in sector 69209 we hold annual accounts for 1,090. 341 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-1956
Fiscal year end31-12
Activities, NACEBEL
69202Legal and accounting activities
69209Other tax advisory services
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.