Werner Aerts
ActiveSummary
Werner Aerts has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €237k and a net result of €40k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 71% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+43
Solvency93▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 3.05 against 3.54 in 2024; short-term debt: 28.9% and cash: 18.2% of total assets), and 32.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
67.9%
Return on assets
11.3%
Age of the figures
9 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
2023
33 d late
2022
23 d late
2021
26 d late
2020
18 d late
2019
49 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€237k▲ 20.1%
2024 · €197k
2018: €108k
2019: €113k
2020: €141k
2021: €178k
2022: €194k
2023: €200k
2024: €197k
2018 → 2025
Total assets
€349k▲ 30.2%
2024 · €268k
2018: €335k
2019: €330k
2020: €325k
2021: €346k
2022: €321k
2023: €308k
2024: €268k
2018 → 2025
Net result
€40k
2024 · €-3k
2018: €-7k
2019: €6k
2020: €27k
2021: €38k
2022: €16k
2023: €6k
2024: €-3k
2018 → 2025
Working capital
€206k▲ 14.6%
2024 · €180k
2018: €26k
2019: €39k
2020: €71k
2021: €120k
2022: €122k
2023: €127k
2024: €180k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€178k-€194k▲ 8.7%€200k▲ 3.2%€197k▼ 1.4%€237k▲ 20.1%
Operating result€42k-€22k▼ 47.7%€11k▼ 48.2%€-2k€65k
Net result€38k-€16k▼ 58.7%€6k▼ 59.5%€-3k€40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €65k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349k
Fixed assets
€42k ▲ 142%
Current assets
€307k ▲ 22.4%
Equity and liabilities €349k
Equity
€237k ▲ 20.1%
Debt
€112k ▲ 58.4%
Debt's share of the balance-sheet total rises from 26.4% to 32.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€72k▲
2024 · €2k
Cash flow
€47k▲
2024 · €779
Current ratio
3.05▼
2024 · 3.54
Quick ratio
0.97▲
2024 · 0.66
Debt to equity
0.47▲
2024 · 0.36
ROE
16.7%▲
2024 · -1.5%
ROA
11.3%▲
2024 · -1.1%
Interest coverage
12.93▲
2024 · 2.74
Debt ≤ 1 year
€101k▲
2024 · €71k
Debt > 1 year
€7k
Income taxes
€20k▲
2024 · €197
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€268k€349k▲
Fixed assets21/28€17k€42k▲
Tangible fixed assets22/27€17k€42k▲
Land and buildings22€16k€13k▼
Plant, machinery and equipment23€702€382▼
Furniture and vehicles24€721€28k▲
Other tangible fixed assets26€0-
Financial fixed assets28€115€115=
Current assets29/58€250k€307k▲
Stocks and contracts in progress3€204k€209k▲
Stocks30/36€204k€209k▲
Amounts receivable within one year40/41€233€31k▲
Trade receivables40€233€31k▲
Other amounts receivable41€0€46▲
Cash at bank and in hand54/58€45k€64k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€268k€349k▲
Equity10/15€197k€237k▲
Contributions10/11€209k€209k=
Reserves13€400€28k▲
Tax-exempt reserves132€116€116=
Distributable reserves133€284€28k▲
Profit (loss) carried forward14€-12k€0▲
Amounts payable17/49€71k€112k▲
Amounts payable after more than one year17-€7k
Financial debts170/4-€7k
Amounts payable within one year42/48€71k€101k▲
Current portion of amounts payable after more than one year42€0€5k▲
Trade debts44€3k€33k▲
Suppliers440/4€3k€33k▲
Taxes, remuneration and social security45€2k€12k▲
Taxes450/3€2k€12k▲
Other amounts payable47/48€65k€51k▼
Accrued charges and deferred income492/3€0€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€6k€7k▲
Non-recurring operating charges66A€52k-
Gross operating margin9900€59k€78k▲
Operating profit (loss)9901€-2k€65k▲
Financial income75/76B€21€124▲
Recurring financial income75€21€124▲
Financial charges65/66B€549€6k▲
Recurring financial charges65€549€6k▲
Profit (loss) for the period before taxes9903€-3k€59k▲
Income taxes67/77€197€20k▲
Profit (loss) for the period9904€-3k€40k▲
Profit (loss) for the period to be appropriated9905€-3k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€28k▲
Profit (loss) brought forward from the previous period14P€-9k€-12k▼
Transfer to equity691/2-€28k
To other reserves6921-€28k
The notes to these accounts (11 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
31-12
Financial
Equity above €200kEq €237k ▲20.1%
Equity rises from €197k to €237k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Equity above €150kEq €178k ▲26.7%
3 profitable years in a row build equity to €178k.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Blankenberge · 1 establishment unit since 2009
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.
Bakkersstraat 328370 BlankenbergeGround area
86 m²
Building footprint
86 m²
Volume, LiDAR
749 m³
Parcel 31004A0331/00A000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Werner Aerts
since 20092.181.768.639
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31004A0331/00A000 | Flanders | 86 m² | 1 · 86 m² | 12.8 m · 3 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.
Similar companies · same sector, comparable size
V.V. JEWELRY
BE 0436.253.936
Antwerpen · Eq €236k
Rakyan Rarities Collection
BE 0805.124.348
Antwerpen · Eq €237k
VEEKAY JEWELS
BE 0811.078.465
Antwerpen · Eq €239k
ETS. J.J. WILLEMS
BE 0436.298.575
Braine-l'Alleud · Eq €240k
HAKO
BE 0628.830.511
Antwerpen · Eq €231k
Of 567 companies in sector 46480 we hold annual accounts for 353. 253 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 formPrivate limited company
Founded01-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46480Wholesale trade
47770Retail sale of watches and jewellery
47784Retail sale of souvenirs and religious articles
55204Guest rooms (bed and breakfast)
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.