Skip to content

LOUIS DE WAELE CONSTRUCTION

Active
Public limited companyfounded 1968active for 58 yearsTerhulpsesteenweg 185, 1170 Watermaal-Bosvoorde, Belgium170 active companies are registered at this addressKBO/BCE: BE 0405.829.588

From the official registers: KBO 49 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

LOUIS DE WAELE CONSTRUCTION has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.4m and a net result of €937,782. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 30% of 1,028 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
LOUIS DE WAELE CONSTRUCTIONActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active Normal situation
Legal form
Public limited company
Registered office
Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde
Activity
General construction of residential buildings NACE 41001and 1 other
Establishment units
2.004.497.971 1170 Watermaal-Bosvoorde, since 01-12-1946
2.143.932.701 1830 Machelen (Brab.), since 09-12-2004
Financial year end
31 December
Peppol
Reachable
Company details

Who decides

Board
and 2 other directors
Auditor
EY Réviseurs d'entreprises
Shareholders
Holdings
Shares in 1 company LOUIS DE WAELE IMMO
Board & ownership

How it is doing

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€128.5m
▼ 8.1%
Profit
€937,782
▼ 45.6%
Equity
€10.4m
▲ 0.5%
Total assets
€51.8m
▲ 5.6%
Staff
217 FTE
▼ 0.3%
2025 accounts 70 days early
Filed on 22-05-2026PDF
Financials
Why 87raises riskSector: Construction of residential and non-residential buildings (NACE 41)Equity €10.4m (20.0% of total assets)lowers riskLiquidity: current ratio 1.18, cash €10.5mSize: turnover €128.5m, 217 FTE, total assets €51.8mShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 44% of its sector peers (NACE 41, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 45-1
equity 20.0% of total assets
Liquidity 34+2
short-term debt 76.8% · cash 20.2%
Profitability 57-2
return on assets 1.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (209 companies, NACE 41, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.2%● unchanged vs 07-2025highest value 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.2%● unchanged vs 09-2025highest value 11-2025: 0.2%● unchanged vs 10-2025highest value 12-2025: 0.2%● unchanged vs 11-2025highest value 01-2026: 0.2%● unchanged vs 12-2025highest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €900,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.18, compared with 1.21 in 2024, below the usual 1.5; short-term debt: 76.8% and cash: 20.2% of total assets), and 80% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, medium-sized): better than 37% on solvency, 50% on liquidity, 52% on profitability and 36% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Equity €10.4m (20.0% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.18, cash €10.5m
NBB · annual accounts
lowers risk · Size: turnover €128.5m, 217 FTE, total assets €51.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 days early
2024
56 days early
2023
63 days early
2022
68 days early
2021
67 days early
2020
71 days early
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 58 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Largest company by total assets in Watermaal-Bosvoorde, Construction sectorin the Checked rankings No. 1 View
  • Caution: Result fell in 2025from €1.7m to €937,782 ▼ 45.6% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €937,782 8 years View
  • Wallonia-Brussels supportpaid in 2024 €3.3m View

Documents

Annual accounts at the NBB

All 49 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about LOUIS DE WAELE CONSTRUCTION

What is the company number of LOUIS DE WAELE CONSTRUCTION?
0405.829.588. In Belgium the VAT number is the company number with BE in front: BE 0405.829.588.
Where is LOUIS DE WAELE CONSTRUCTION based?
The registered office is at Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde.Company details
What does LOUIS DE WAELE CONSTRUCTION do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of LOUIS DE WAELE CONSTRUCTION?
Public limited company (NV).
When was LOUIS DE WAELE CONSTRUCTION founded?
On 01-01-1968.
Is LOUIS DE WAELE CONSTRUCTION still active?
Yes, LOUIS DE WAELE CONSTRUCTION is an active enterprise in the KBO register.
How many employees does LOUIS DE WAELE CONSTRUCTION have?
On average 217 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LOUIS DE WAELE CONSTRUCTION?
€128.5m in financial year 2025, according to the filed annual accounts.
Is LOUIS DE WAELE CONSTRUCTION profitable?
In financial year 2025, LOUIS DE WAELE CONSTRUCTION made a profit of €937,782.
Where can I find the annual accounts of LOUIS DE WAELE CONSTRUCTION?
LOUIS DE WAELE CONSTRUCTION filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of LOUIS DE WAELE CONSTRUCTION due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to LOUIS DE WAELE CONSTRUCTION

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure