WESEARCH
ActiveSummary
WESEARCH has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.20M and a net result of €294k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 91% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 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
Profitability75▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410k at 30 days acceptable
Liquidity ample (current ratio 5.56 against 5.95 in 2024; short-term debt: 17.9% and cash: 0.5% of total assets), and 17.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
82.1%
Return on assets
4.6%
Age of the figures
9 mo
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 · 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
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
15 d early
2023
33 d early
2022
12 d early
2021
24 d late
2020
10 d early
2019
68 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€294k▲ 24.6%
2024 · €236k
2018: €706k
2019: €744k
2020: €679k
2021: €530k
2022: €689k
2023: €573k
2024: €236k
2018 → 2025
Working capital
€5.17M▲ 6.5%
2024 · €4.85M
2018: €1.70M
2019: €2.20M
2020: €2.80M
2021: €3.32M
2022: €4.05M
2023: €4.64M
2024: €4.85M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.41M-€4.10M▲ 20.2%€4.67M▲ 14.0%€4.91M▲ 5.0%€5.20M▲ 6.0%
Operating result€731k-€910k▲ 24.5%€719k▼ 21.0%€246k▼ 65.7%€322k▲ 30.6%
Net result€530k-€689k▲ 30.1%€573k▼ 16.9%€236k▼ 58.8%€294k▲ 24.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.34M
Fixed assets
€36k ▼ 40.4%
Current assets
€6.30M ▲ 8.1%
Equity and liabilities €6.34M
Equity
€5.20M ▲ 6.0%
Debt
€1.14M ▲ 15.6%
Debt's share of the balance-sheet total rises from 16.7% to 17.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€346k▲
2024 · €268k
Cash flow
€318k▲
2024 · €258k
Current ratio
5.56▼
2024 · 5.95
Debt to equity
0.22▲
2024 · 0.20
ROE
5.6%▲
2024 · 4.8%
ROA
4.6%▲
2024 · 4.0%
Interest coverage
413.42▲
2024 · 16.22
Debt ≤ 1 year
€1.13M▲
2024 · €980k
Income taxes
€115k▲
2024 · €100k
Staff costs
€4.90M▲
2024 · €4.67M
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.89M€6.34M▲
Fixed assets21/28€60k€36k▼
Intangible fixed assets21€2k€402▼
Tangible fixed assets22/27€58k€35k▼
Furniture and vehicles24€55k€35k▼
Other tangible fixed assets26€3k€151▼
Financial fixed assets28€440€660▲
Current assets29/58€5.83M€6.30M▲
Amounts receivable after more than one year29€3.35M€3.35M=
Other amounts receivable291€3.35M€3.35M=
Amounts receivable within one year40/41€490k€773k▲
Trade receivables40€474k€627k▲
Other amounts receivable41€17k€147k▲
Current investments50/53€1.80M€2.10M▲
Cash at bank and in hand54/58€140k€29k▼
Deferred charges and accrued income490/1€50k€51k▲
Equity and liabilities
Total equity and liabilities10/49€5.89M€6.34M▲
Equity10/15€4.91M€5.20M▲
Contributions10/11€120k€120k=
Capital10€120k€120k=
Issued capital100€120k€120k=
Reserves13€4.79M€5.08M▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€189k€0▼
Distributable reserves133€4.59M€5.07M▲
Amounts payable17/49€982k€1.14M▲
Amounts payable within one year42/48€980k€1.13M▲
Trade debts44€495k€465k▼
Suppliers440/4€495k€465k▼
Taxes, remuneration and social security45€471k€669k▲
Taxes450/3€121k€165k▲
Remuneration and social security454/9€350k€504k▲
Other amounts payable47/48€15k€0▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€4.67M€4.90M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€4.94M€5.24M▲
Operating profit (loss)9901€246k€322k▲
Financial income75/76B€106k€88k▼
Recurring financial income75€106k€88k▼
Financial charges65/66B€17k€837▼
Recurring financial charges65€17k€837▼
Profit (loss) for the period before taxes9903€336k€408k▲
Income taxes67/77€100k€115k▲
Profit (loss) for the period9904€236k€294k▲
Transfer from tax-exempt reserves789€147k€189k▲
Profit (loss) for the period to be appropriated9905€383k€483k▲
Appropriation of the result
Profit (loss) to be appropriated9906€383k€483k▲
Transfer to equity691/2€383k€483k▲
To other reserves6921€383k€483k▲
Social balance
Average headcount (FTE)908790.191.5▲
The notes to these accounts (13 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €5MEq €5.20M ▲6%
8 profitable years in a row build equity to €5.20M.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €236k ▼58.8%
Net result drops to €236k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
31-12
Financial
Highest result since 2018net €744k ▲5.4%
Net result €744k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.20M ▲28.9%
2 profitable years in a row build equity to €2.20M.
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-07
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
5 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, Mechelen · 1 establishment unit since 2011
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.
Haverwerf 102800 MechelenGround area
3,809 m²
Building footprint
3,678 m²
Volume, LiDAR
33,516 m³
Parcel 12025E0279/00G000, Flanders · tallest building 22.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WESEARCH
since 20112.203.655.106
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025E0279/00G000 | Flanders | 3,808 m² | 1 · 3,678 m² | 22.4 m · 2 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
NOWJOBS
BE 0809.928.917
Roeselare · Eq €5.24M
JOBZ
BE 0697.897.974
Hooglede · Eq €5.50M
STEGMANN BELGIUM
BE 0890.231.257
Antwerpen · Eq €5.53M
RANDSTAD CONSTRUCT
BE 0438.801.472
Grimbergen · Eq €4.87M
STAFFABLE BELGIE
BE 0831.191.416
Gent · Eq €4.70M
Of 1,014 companies in sector 78200 we hold annual accounts for 645. 152 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 formPublic limited company
Founded23-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.