WERKERVARINGSBEDRIJVEN
ActiveSummary
WERKERVARINGSBEDRIJVEN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €825k and a net result of €-329k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 34% of 315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▲+5
Solvency36▼-39
Growth41▲+1
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.88 in 2024; short-term debt: 86.9% and cash: 11.2% of total assets), and 88.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
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
11.4%
Return on assets
-4.5%
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-329k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
33 d late
2024
16 d early
2023
5 d early
2022
13 d early
2021
25 d early
2020
16 d early
2019
17 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€5.82M▲ 14.1%
2024 · €5.10M
2018: €3.50M
2019: €3.39M
2020: €3.14M
2021: €3.74M
2022: €3.60M
2023: €4.25M
2024: €5.10M
2018 → 2025
EBIT margin
-5.5%▲ 4.5pp
2024 · -10.0%
2018: -4.0%
2019: -8.2%
2020: 12.6%
2021: 11.1%
2022: -2.6%
2023: -0.9%
2024: -10.0%
2018 → 2025
Net result
€-329k▲ 34.9%
2024 · €-506k
2018: €-182k
2019: €-318k
2020: €393k
2021: €413k
2022: €-97k
2023: €-34k
2024: €-506k
2018 → 2025
Working capital
€390k▼ 83.3%
2024 · €2.34M
2018: €2.44M
2019: €2.12M
2020: €2.55M
2021: €2.97M
2022: €2.87M
2023: €2.83M
2024: €2.34M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.74M-€3.60M▼ 3.9%€4.25M▲ 18.1%€5.10M▲ 20.1%€5.82M▲ 14.1%
Equity€3.50M-€3.33M▼ 4.7%€3.22M▼ 3.3%€2.65M▼ 17.8%€825k▼ 68.9%
Operating result€417k-€-94k€-38k▲ 59.8%€-512k▼ 1,251%€-322k▲ 37.1%
Net result€413k-€-97k€-34k▲ 64.4%€-506k▼ 1,371%€-329k▲ 34.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €322k in 2025 against €512k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.26M
Fixed assets
€562k ▲ 68.4%
Current assets
€6.70M ▲ 34.5%
Equity and liabilities €7.26M
Equity
€825k ▼ 68.9%
Provisions
€7k
Debt
€6.43M ▲ 141%
Debt's share of the balance-sheet total rises from 50.1% to 88.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-236k▲
2024 · €-443k
Cash flow
€-244k▲
2024 · €-437k
Current ratio
1.06▼
2024 · 1.88
Debt to equity
7.80▲
2024 · 1.01
ROE
-39.9%▼
2024 · -19.1%
ROA
-4.5%▲
2024 · -9.5%
Interest coverage
-28.44▲
2024 · -265.54
Debt ≤ 1 year
€6.31M▲
2024 · €2.64M
Debt > 1 year
€73k
Staff costs
€7.54M▲
2024 · €6.42M
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 · 72 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.32M€7.26M▲
Fixed assets21/28€334k€562k▲
Intangible fixed assets21-€149k
Tangible fixed assets22/27€225k€300k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€8k€15k▲
Other tangible fixed assets26€213k€280k▲
Financial fixed assets28€109k€114k▲
Other financial fixed assets284/8€109k€114k▲
Shares284€500€500=
Amounts receivable and cash guarantees285/8€108k€113k▲
Current assets29/58€4.98M€6.70M▲
Amounts receivable after more than one year29€950k-
Other amounts receivable291€950k-
Amounts receivable within one year40/41€2.77M€5.86M▲
Trade receivables40€1.08M€2.99M▲
Other amounts receivable41€1.69M€2.88M▲
Cash at bank and in hand54/58€1.24M€811k▼
Deferred charges and accrued income490/1€25k€26k▲
Equity and liabilities
Total equity and liabilities10/49€5.32M€7.26M▲
Equity10/15€2.65M€825k▼
Reserves13€1.30M€1.33M▲
Profit (loss) carried forward14€1.13M€-660k▼
Investment grants15€218k€159k▼
Provisions and deferred taxes16-€7k
Provisions for liabilities and charges160/5-€7k
Other liabilities and charges164/5-€7k
Amounts payable17/49€2.67M€6.43M▲
Amounts payable after more than one year17-€73k
Financial debts170/4-€73k
Other loans174-€73k
Amounts payable within one year42/48€2.64M€6.31M▲
Current portion of amounts payable after more than one year42-€194k
Financial debts43-€780k
Credit institutions430/8-€780k
Trade debts44€658k€1.91M▲
Suppliers440/4€658k€1.91M▲
Advances received on contracts in progress46€203k€435k▲
Taxes, remuneration and social security45€1.24M€2.03M▲
Taxes450/3€168k€257k▲
Remuneration and social security454/9€1.08M€1.77M▲
Accrued charges and deferred income492/3€22k€48k▲
Income statement
Code20242025
Operating income70/76A€9.18M€11.25M▲
Turnover70€5.10M€5.82M▲
Other operating income74€588k€1.50M▲
Non-recurring operating income76A€7k€5k▼
Operating charges60/66A€9.69M€11.58M▲
Goods for resale, raw materials and consumables60€7k€309▼
Purchases600/8€7k€309▼
Services and other goods61€3.19M€3.94M▲
Remuneration, social security and pensions62€6.42M€7.54M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€86k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€41-
Other operating charges640/8€247€2k▲
Non-recurring operating charges66A€4k€10k▲
Operating profit (loss)9901€-512k€-322k▲
Financial income75/76B€8k€3k▼
Recurring financial income75€8k€3k▼
Income from financial fixed assets750€8k€3k▼
Other financial income752/9€5-
Financial charges65/66B€2k€10k▲
Recurring financial charges65€2k€10k▲
Debt charges650€2k€8k▲
Other financial charges652/9€281€2k▲
Profit (loss) for the period before taxes9903€-506k€-329k▲
Profit (loss) for the period9904€-506k€-329k▲
Profit (loss) for the period to be appropriated9905€-506k€-329k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.09M€-660k▼
Profit (loss) brought forward from the previous period14P€1.60M€-330k▼
From contributions791€324k-
To contributions691€285k-
Social balance
Average headcount (FTE)9087106.7113.6▲
The notes to these accounts (81 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
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 33 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-506k
Net result drops to €-506k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €413k ▲5%
Operating result €417k, net result €413k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €393k
Net result €393k after 2 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
25 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, Turnhout · 6 establishment units since 1992
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.
Steenweg op Tielen 702300 TurnhoutGround area
14.8 ha
Building footprint
2.6 ha
Volume, LiDAR
188,719 m³
6 parcels, Flanders · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.
6 establishment units
Steenweg op Tielen 70, 2300 Turnhout
since 19922.138.465.067
Dr.-Van de Perrestraat 218, 2440 Geel
since 20142.236.349.747
Statieplein 3, 2400 Mol
since 20182.272.434.143
vzw WEB Herentals
since 20182.278.432.406
WEB Mechelen
since 20212.318.137.474
Dungelhoeff bedrijvencentrum Lier
since 20232.342.344.122
6 parcels
Flanders
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O1013/00Z000 | Flanders | 12.6 ha | 1 · 2.4 ha | 10.5 m · 2 fl. |
| 13374F0525/00Z002 | Flanders | 1.7 ha | 1 · 1,203 m² | 9.9 m · 1 fl. |
| 12025D0874/00S000 | Flanders | 2,393 m² | 1 · 1,061 m² | 19.5 m · 3 fl. |
| 12393F0281/00C006 | Flanders | 1,261 m² | 1 · 44 m² | 15.8 m · 5 fl. |
| 13434F0071/00L002 | Flanders | 987 m² | 1 · 114 m² | 12.9 m · 4 fl. |
| 13011F0464/00C000 | Flanders | 591 m² | 1 · 267 m² | 15.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 41 entries · 6,108,098 EUR awarded · 6,046,519 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 10 | 986,236 EUR | 1,022,957 EUR |
| 2024 | 10 | 1,253,576 EUR | 1,482,954 EUR |
| 2023 | 9 | 1,812,167 EUR | 1,775,171 EUR |
| 2022 | 12 | 2,056,119 EUR | 1,765,437 EUR |
Schemes
Dienstencheques
Subsidie ter financiering van de werk-zorgtrajecten
Subsidies jeugdhulp
Subsidies in het kader van jobcoaching en taalcoaching
Subsidies voor sociale tewerkstellingsprojecten
Show 11 more
Erkenning en subsidiëring lokale diensteneconomie-onderneming (stopgezet)
Focus op Talent (FOT)
Erkenning en subsidiëring van voorzieningen Jeugdhulp
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies aan GTB, GOB en GA
Erkenning en subsidiëring als maatwerkafdeling
Vlaams opleidingsverlof (VOV)
Individueel Maatwerk
Opleidingsfonds dienstencheques
Subsidie aan instellingen in het beleidsdomein Welzijn, Volksgezondheid en Gezin voor de tussenkomst in de energiekost in 2023
Subsidie voor de tussenkomst in de energiekost in 2022
Recognitions: source did not answer, try again later.
Similar companies · same sector, comparable size
Mise en Place BE
BE 0666.542.824
Hasselt · Eq €832k
MD HOSPITALITY
BE 0753.944.079
Liège · Eq €837k
B.M. and Co
BE 0449.017.453
Aubel · Eq €839k
TopAngels
BE 0633.623.794
Brussel · Eq €809k
Start People Construct
BE 0427.547.987
Antwerpen · Eq €843k
Of 1,014 companies in sector 78200 we hold annual accounts for 645. 366 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded07-02-1992
Fiscal year end31-12
Abbreviation NL
WEB
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.