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NICK WOSTYN

Active
Private limited companyfounded 2021active for 5 yearsKortemarkstraat(Icht) 20H, 8480 Ichtegem, BelgiumKBO/BCE: BE 0771.989.049
Summary

NICK WOSTYN has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90,521 and a net result of €38,177. Equity has been growing by about 53% per year since 2022. Its solvency ranks better than 71% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-08-2021 Normal situation
Activity
Development of residential building projects NACE 68121and 4 others
Establishment unit
2.320.803.192 8480 Ichtegem, since 04-08-2021
Financial year end
30 June
Peppol
Reachable since 18-11-2025

Board and ownership

Board
  • WOSTYN NICKDirector · since 03-08-2021

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-06-2025
Gross margin
€55,932
▲ 32.9%
Turnover
≈ €140,000
estimated
Profit
€38,177
▲ 29.3%
Equity
€90,521
▲ 41.2%
Total assets
€156,058
▲ 54.5%
Score breakdownraises riskFounded in 2021Size: total assets €156,058lowers riskSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 29-01-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 83-5
equity 58.0% of total assets
Liquidity 51-42
short-term debt 25.5% · cash 8.9%
Profitability 99-1
return on assets 24.5%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.2 percentage points vs 01-2025highest value 03-2025: 0.1%▼ -0.3 percentage points vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.3 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.77 (2.62 in 2024), below 1. Short-term debt is 25.5% and cash 8.9% of total assets. 42% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 70% of them on solvency, 57% on liquidity, 90% on profitability and 84% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €156,058
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-01-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
4 days early
2024
on the day
2023
2 days early
2022
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 3 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Incorporation · Founder
  2. · Gazette deed Board meeting · Director appointment
  3. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as NICK WOSTYN: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €140,000 and €191,000, founded between 2020 and 2022.

CompanyTotal assetsGross margin
NICK WOSTYN Ichtegem€156,058€55,932
BOUWADVIES BONA FIDE Blankenberge€140,148€59,906
Van Hove Projects Beernem€191,465€41,448
CVR Koksijde€140,040€70,274
Pro.Ren Kortenberg€143,569€55,525
MATEI Brasschaat€164,223€55,672
VdSA Lede€152,948€69,442
Full comparison

Key facts about NICK WOSTYN

What is the company number of NICK WOSTYN?
The company number of NICK WOSTYN is 0771.989.049. The VAT number is the same number with BE in front: BE 0771.989.049.
Where is NICK WOSTYN based?
The registered office is at Kortemarkstraat(Icht) 20H, 8480 Ichtegem.Company details
What does NICK WOSTYN do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of NICK WOSTYN?
The legal form of NICK WOSTYN is Private limited company (BV).
When was NICK WOSTYN founded?
NICK WOSTYN was founded on 04-08-2021.
Is NICK WOSTYN still active?
Yes, NICK WOSTYN is an active enterprise in the KBO register.
What is the turnover of NICK WOSTYN?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €55,932 and 48 comparable companies (NACE 681). It probably lies between €76,000 and €290,000.Financials
Is NICK WOSTYN profitable?
In financial year 2025, NICK WOSTYN made a profit of €38,177.
Where can I find the annual accounts of NICK WOSTYN?
NICK WOSTYN filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NICK WOSTYN due?
NICK WOSTYN must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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