WIERTZ DEVELOPMENT
ActiveSummary
WIERTZ DEVELOPMENT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624k and a net result of €193k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 91% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-17
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 8.72 against 11.47 in 2024; short-term debt: 8.5% and cash: 71% of total assets), and 8.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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 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
91.5%
Return on assets
28.3%
Age of the figures
9 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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
35 d late
2023
26 d late
2022
56 d late
2021
30 d late
2020
20 d late
2019
66 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€624k▲ 4.0%
2024 · €600k
2018: €259klowest in 8 years
2019: €301k▲ +16.5% vs 2018
2020: €355k▲ +17.8% vs 2019
2021: €434k▲ +22.2% vs 2020
2022: €461k▲ +6.3% vs 2021
2023: €481k▲ +4.3% vs 2022
2024: €600k▲ +24.9% vs 2023
2025: €624k▲ +4.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€683k▲ 7.0%
2024 · €638k
2018: €603k
2019: €576k▼ -4.5% vs 2018lowest in 8 years
2020: €642k▲ +11.4% vs 2019
2021: €631k▼ -1.6% vs 2020
2022: €969k▲ +53.4% vs 2021
2023: €1.04M▲ +7.0% vs 2022highest in 8 years
2024: €638k▼ -38.4% vs 2023
2025: €683k▲ +7.0% vs 2024
2018 → 2025
Net result
€193k▼ 37.7%
2024 · €310k
2018: €56k
2019: €43k▼ -23.8% vs 2018
2020: €54k▲ +25.9% vs 2019
2021: €79k▲ +46.7% vs 2020
2022: €27k▼ -65.2% vs 2021
2023: €20k▼ -28.4% vs 2022lowest in 8 years
2024: €310k▲ +1478% vs 2023highest in 8 years
2025: €193k▼ -37.7% vs 2024
2018 → 2025
Working capital
€450k▲ 13.9%
2024 · €395k
2018: €-274k
2019: €-232k▲ +15.4% vs 2018
2020: €-236k▼ -1.8% vs 2019
2021: €-161k▲ +31.9% vs 2020
2022: €-452k▼ -181% vs 2021lowest in 8 years
2023: €-429k▲ +5.1% vs 2022
2024: €395k▲ +192% vs 2023
2025: €450k▲ +13.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€434k-€461k▲ 6.3%€481k▲ 4.3%€600k▲ 24.9%€624k▲ 4.0%
2021: €434klowest in 5 years
2022: €461k▲ +6.3% vs 2021
2023: €481k▲ +4.3% vs 2022
2024: €600k▲ +24.9% vs 2023
2025: €624k▲ +4.0% vs 2024highest in 5 years
Operating result€75k-€48k▼ 35.4%€31k▼ 36.2%€28k▼ 9.3%€-34k
2021: €75khighest in 5 years
2022: €48k▼ -35.4% vs 2021
2023: €31k▼ -36.2% vs 2022
2024: €28k▼ -9.3% vs 2023
2025: €-34k▼ -224% vs 2024lowest in 5 years
Net result€79k-€27k▼ 65.2%€20k▼ 28.4%€310k▲ 1,478%€193k▼ 37.7%
2021: €79k
2022: €27k▼ -65.2% vs 2021
2023: €20k▼ -28.4% vs 2022lowest in 5 years
2024: €310k▲ +1478% vs 2023highest in 5 years
2025: €193k▼ -37.7% vs 2024
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 €34k after €28k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €683k
Fixed assets
€175k ▼ 15.1%
Current assets
€508k ▲ 17.4%
Equity and liabilities €683k
Equity
€624k ▲ 4.0%
Debt
€58k ▲ 54.6%
Debt's share of the balance-sheet total rises from 5.9% to 8.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-4k▼
2024 · €63k
Cash flow
€224k▼
2024 · €345k
Current ratio
8.72▼
2024 · 11.47
Debt to equity
0.09▲
2024 · 0.06
ROE
30.9%▼
2024 · 51.6%
ROA
28.3%▼
2024 · 48.5%
Interest coverage
-30.94▼
2024 · 2.01
Debt ≤ 1 year
€58k▲
2024 · €38k
Income taxes
€19k▼
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€638k€683k▲
Fixed assets21/28€206k€175k▼
Tangible fixed assets22/27€109k€78k▼
Land and buildings22€62k€57k▼
Plant, machinery and equipment23€19k€883▼
Furniture and vehicles24€28k€20k▼
Financial fixed assets28€97k€97k=
Current assets29/58€433k€508k▲
Amounts receivable within one year40/41€89k€20k▼
Trade receivables40€20k€19k▼
Other amounts receivable41€69k€2k▼
Current investments50/53€300k-
Cash at bank and in hand54/58€35k€485k▲
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€638k€683k▲
Equity10/15€600k€624k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€535k€559k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€524k€548k▲
Profit (loss) carried forward14€3k€4k▲
Amounts payable17/49€38k€58k▲
Amounts payable within one year42/48€38k€58k▲
Trade debts44€778€9k▲
Suppliers440/4€778€9k▲
Taxes, remuneration and social security45€37k€15k▼
Taxes450/3€37k€15k▼
Other amounts payable47/48-€34k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€31k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8k
Other operating charges640/8€5k€4k▼
Gross operating margin9900€68k€9k▼
Operating profit (loss)9901€28k€-34k▼
Financial income75/76B€345k€247k▼
Recurring financial income75€345k€247k▼
Financial charges65/66B€32k€115▼
Recurring financial charges65€32k€115▼
Profit (loss) for the period before taxes9903€341k€212k▼
Income taxes67/77€32k€19k▼
Profit (loss) for the period9904€310k€193k▼
Profit (loss) for the period to be appropriated9905€310k€193k▼
Appropriation of the result
Profit (loss) to be appropriated9906€416k€196k▼
Profit (loss) brought forward from the previous period14P€107k€3k▼
Transfer from equity791/2€86k€169k▲
Transfer to equity691/2€309k€193k▼
To other reserves6921€309k€193k▼
Profit to be distributed694/7€190k€169k▼
Return on contributions (dividend)694€190k€169k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35k | €33k | €37k | €36k | €31k | ▼ 13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €8k | - |
| Other operating charges640/8 | €2k | €5k | €5k | €5k | €4k | ▼ 4.6% |
| Gross operating margin9900 | €111k | €87k | €73k | €68k | €9k | ▼ 87.2% |
| Operating profit (loss)9901 | €75k | €48k | €31k | €28k | €-34k | ▼ 224% |
| Financial income75/76B | €39k | €22 | €47 | €345k | €247k | ▼ 28.4% |
| Recurring financial income75 | €38k | €22 | €47 | €345k | €247k | ▼ 28.4% |
| Non-recurring financial income76B | €787 | - | - | - | - | - |
| Financial charges65/66B | €9k | €6k | €424 | €32k | €115 | ▼ 99.6% |
| Recurring financial charges65 | €9k | €6k | €424 | €32k | €115 | ▼ 99.6% |
| Profit (loss) for the period before taxes9903 | €104k | €42k | €30k | €341k | €212k | ▼ 37.8% |
| Income taxes67/77 | €25k | €14k | €11k | €32k | €19k | ▼ 38.7% |
| Profit (loss) for the period9904 | €79k | €27k | €20k | €310k | €193k | ▼ 37.7% |
| Profit (loss) for the period to be appropriated9905 | €79k | €27k | €20k | €310k | €193k | ▼ 37.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €631k | €969k | €1.04M | €638k | €683k | ▲ 7.0% |
| Fixed assets21/28 | €595k | €913k | €910k | €206k | €175k | ▼ 15.1% |
| Tangible fixed assets22/27 | €175k | €143k | €140k | €109k | €78k | ▼ 28.4% |
| Land and buildings22 | €77k | €72k | €67k | €62k | €57k | ▼ 8.1% |
| Plant, machinery and equipment23 | €92k | €67k | €41k | €19k | €883 | ▼ 95.3% |
| Furniture and vehicles24 | €6k | €3k | €32k | €28k | €20k | ▼ 28.1% |
| Assets under construction and advance payments27 | - | €1k | - | - | - | - |
| Financial fixed assets28 | €420k | €770k | €770k | €97k | €97k | = |
| Current assets29/58 | €36k | €55k | €126k | €433k | €508k | ▲ 17.4% |
| Amounts receivable within one year40/41 | €27k | €26k | €101k | €89k | €20k | ▼ 77.3% |
| Trade receivables40 | €27k | €26k | €29k | €20k | €19k | ▼ 7.1% |
| Other amounts receivable41 | - | - | €73k | €69k | €2k | ▼ 97.6% |
| Current investments50/53 | - | - | - | €300k | - | - |
| Cash at bank and in hand54/58 | €9k | €28k | €23k | €35k | €485k | ▲ 1,274% |
| Deferred charges and accrued income490/1 | €794 | €1k | €1k | €8k | €3k | ▼ 65.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €631k | €969k | €1.04M | €638k | €683k | ▲ 7.0% |
| Equity10/15 | €434k | €461k | €481k | €600k | €624k | ▲ 4.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €266k | €293k | €312k | €535k | €559k | ▲ 4.4% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €5k | €5k | €5k | €5k | €5k | = |
| Distributable reserves133 | €255k | €282k | €301k | €524k | €548k | ▲ 4.5% |
| Profit (loss) carried forward14 | €106k | €106k | €107k | €3k | €4k | ▲ 11.9% |
| Amounts payable17/49 | €197k | €507k | €555k | €38k | €58k | ▲ 54.6% |
| Amounts payable within one year42/48 | €197k | €507k | €555k | €38k | €58k | ▲ 54.6% |
| Trade debts44 | €2k | €4k | €1k | €778 | €9k | ▲ 1,100% |
| Suppliers440/4 | €2k | €4k | €1k | €778 | €9k | ▲ 1,100% |
| Taxes, remuneration and social security45 | €35k | €34k | €24k | €37k | €15k | ▼ 60.3% |
| Taxes450/3 | €35k | €34k | €24k | €37k | €15k | ▼ 60.3% |
| Other amounts payable47/48 | €161k | €469k | €530k | - | €34k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79k | €27k | €20k | €310k | €193k | ▼ 37.7% |
| + Depreciation and write-downs630 | €35k | €33k | €37k | €36k | €31k | ▼ 13.0% |
| Operating cash flow (approximation) | €114k | €61k | €57k | €345k | €224k | ▼ 35.2% |
| Investment in fixed assets (approximation) | - | €-352k | €-34k | €669k | €0 | ▼ 100% |
| Change in cash | - | €19k | €-5k | €12k | €450k | ▲ 3,681% |
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
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
31-12
Financial
Highest result since 2018net €310k ▲1,478%
Net result €310k, the highest in the series.
31-12
Financial
Liquidity times 50current ratio 11.47
Current ratio from 0.23 to 11.47; short-term debt falls from €555k to €38k.
31-12
Financial
Equity above €500kEq €600k ▲24.9%
7 profitable years in a row build equity to €600k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €20k ▼28.4%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
Show earlier events
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2012
25-01
State Gazette act
Incorporation · Founding capital
Corporate purpose · First fiscal year
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Ukkel · 1 establishment unit since 2000
Ground area
2,986 m²
Building footprint
122 m²
Volume, LiDAR
1,208 m³
Parcel 21614H0055/02T031, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Kleine Hutlaan 7, 1180 Ukkel
since 20002.096.546.617
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/02T031 | Brussels | 2,986 m² | 1 · 122 m² | 12.5 m · 3 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 5,465 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.