Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WERQINUS from Wetteren, company number BE0744997117, closed financial year 2025 with a result of € 273,241 after tax. For that financial year WERQINUS recorded a gross margin of € 209,238 and equity of € 25,000. Compared with financial year 2024, the result moved from € 400,066 to € 273,241. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 12, 2025.
€ 25,000
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 273,241
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 38,440
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 273,241 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 3,564
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 990,719
▲ 32% vs 2024
€ 68,163 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 666
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 352
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -66,597 | € -18,937 | € 227,348 | € 209,238 | ▼ 8% |
| Profit after taxes | € 71,255 | € 220,698 | € 400,066 | € 273,241 | ▼ 32% |
| Equity | € 58,138 | € 278,836 | € 25,000 | € 25,000 | |
| Total debts | € 841,346 | € 1,067,714 | € 1,460,959 | € 1,617,749 | ▲ 11% |
| Cash | € 18,837 | € 24,876 | € 36,051 | € 38,440 | ▲ 7% |
| Land & buildings | € 549,445 | € 1,021,083 | € 965,229 | € 1,205,063 | ▲ 25% |
| Retained profit | € 33,138 | € 253,836 | € 0 | € 0 | |
| Dividend | € 0 | € 0 | € 653,902 | € 273,241 | ▼ 58% |
| Bank debt | € 527,022 | € 801,001 | € 750,198 | € 990,719 | ▲ 32% |
| Balance sheet total | € 899,484 | € 1,346,550 | € 1,485,959 | € 1,642,749 | ▲ 11% |
Key figures of WERQINUS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to WERQINUS?
What happened at WERQINUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 273,241 (▼ 32% vs 2024). Source: NBB ↗
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
- Matheus Werquin became a director. NBB
In short
From € 71,255 profit in 2022 to € 273,241 profit in 2025.
Paid € 1,313 in corporate taxes since 2022.
Best year ever: 2024, with € 400,066 profit.
Paid out € 927,143 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind WERQINUS is Matheus Werquin. It owns 100% of TKW itself.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Massemsesteenweg 55 box A11
9230 Wetteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.997.117
- VAT number
- BE 0744.997.117
- Registered office
- Massemsesteenweg 55 bus A11, 9230 Wetteren
- Names & denominations
- WERQINUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2020
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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