Financials
Financial year 2025
WEREC FINANCE from Sint-Joost-ten-Node, company number BE0895199736, closed financial year 2025 with a result of € 213,192 after tax. For that financial year WEREC FINANCE recorded a gross margin of € -24,068 and equity of € 17.6 million. Compared with financial year 2024, the result moved from € 150,816 to € 213,192. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 21, 2026.
€ 17.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 213,192
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 243,024
▲ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 703,686.
Debts at end 2025
€ 3.4 million
Loans from banks and other lenders, long and short.
€ 8,670
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 289,508
▲ € 252,252 vs 2024
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 | € -25,771 | € -27,687 | € -22,236 | € -24,068 | ▼ € 1,832 |
| Profit after taxes | € -533,933 | € 482,842 | € 150,816 | € 213,192 | ▲ 41% |
| Equity | € 16,903,682 | € 17,284,388 | € 17,435,204 | € 17,648,396 | ▲ 1% |
| Total debts | € 30,630 | € 136,459 | € 111,181 | € 3,858,796 | ▲ € 3.7 million |
| Cash | € 2,593,614 | € 357,290 | € 154,798 | € 243,024 | ▲ 57% |
| Retained profit | € -41,028 | € 339,678 | € 490,494 | € 703,686 | ▲ 43% |
| Dividend | € 0 | € 102,136 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 3,432,019 | |
| Balance sheet total | € 16,934,311 | € 17,420,847 | € 17,546,385 | € 21,507,191 | ▲ 23% |
Key figures of WEREC FINANCE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WEREC FINANCE?
What happened at WEREC FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Juan Carlos SMITH MORRONDO stepped down as director. NBB
- Gonzalo FERNÁNDEZ IGLESIAS stepped down as director. NBB
- Sofia de RAMÓN-LACA CLAUSEN stepped down as director. NBB
- LAPALICE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 213,192 (▲ 41% vs 2024). Source: NBB ↗
- Juan Carlos SMITH MORRONDO became a director. NBB
- Gonzalo FERNÁNDEZ IGLESIAS became a director. NBB
- Sofia de RAMÓN-LACA CLAUSEN became a director. NBB
In short
From € 533,933 loss in 2022 to € 213,192 profit in 2025.
Paid € 479,777 in corporate taxes since 2022.
Best year ever: 2023, with € 482,842 profit.
Paid out € 102,136 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
The shares are held by ZIAPLENT CHRISTIANSUND SG (100%) and BINIGAUS TRIER SG (0%).
Directors
According to the 2025 annual accounts
Juan Carlos SMITH MORRONDO
Director
Also active at: CONLE FINANCE, SUES FINANCE, Oud Sint-Jan Holding
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
ZIAPLENT CHRISTIANSUND SG
100%
BINIGAUS TRIER SG
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 1-9
1210 Sint-Joost-ten-Node
Belliardstraat 20
1040 Etterbeek
Active since 7 April 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.199.736
- VAT number
- BE 0895.199.736
- Registered office
- Kunstlaan 1-9, 1210 Sint-Joost-ten-Node
- Names & denominations
- WEREC FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2008
- Peppol
- Active · Active since 13 Oct 2025