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Wout Desart

Active
Private limited companyfounded 2024active for 2 yearsCatharinadreef 54, 2970 Schilde, BelgiumKBO/BCE: BE 1010.048.825
Summary

Wout Desart has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €24,027 and a net result of -€7,131. Its solvency ranks better than 91% of 246 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2026, abbreviated format

Equity
€24,027▼ 22.9%
2025 · €31,158
Total assets
€25,757▼ 33.1%
2025 · €38,484
Net result
-€7,131
2025 · €28,658
Working capital
€24,027▼ 22.9%
2025 · €31,158
Trend over the years

2025 to 2026, 2 financial years

The operating result turns negative in 2026: a loss of €6,912 after €35,861 in 2025.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,912 2026 Net result-€7,131 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20252026
Operating result€35,861--€6,912
Net result€28,658within the sector's middle half--€7,131
Equity€31,158below the sector's middle half-€24,027▼ 22.9%
Total assets€38,484below the sector's middle half-€25,757▼ 33.1%
Debt€7,326-€1,730▼ 76.4%
Working capital€31,158within the sector's middle half-€24,027▼ 22.9%
Solvency81.0%above the sector's middle half-93.3%▲ 12.3pp
Current ratio5.25above the sector's middle half-14.89▲ 9.63
Return on assets (ROA)74.5%above the sector's middle half--27.7%▼ 102.2pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €25,757
Equity €24,027 ▼ 22.9%
Debt €1,730 ▼ 76.4%
Debt's share of the balance-sheet total falls from 19.0% to 6.7%. Equity and debt are lower.
Key figures and ratios
2026 value · change against 2025
Quick ratio
13.86▲
2025 · 5.25
Debt to equity
0.07▼
2025 · 0.24
ROE
-29.7%▼
2025 · 92.0%
Debt ≤ 1 year
€1,730▼
2025 · €7,326
Income taxes
€0▼
2025 · €7,195
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 87.7% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
87.7% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 35 lines
Balance sheet Code20252026
Assets
Total assets20/58€38,484€25,757▼
Current assets29/58€38,484€25,757▼
Stocks and contracts in progress3-€1,772
Stocks30/36-€1,772
Amounts receivable within one year40/41€5,345€5,227▼
Trade receivables40€4,500€4,600▲
Other amounts receivable41€845€627▼
Cash at bank and in hand54/58€33,024€18,424▼
Deferred charges and accrued income490/1€115€334▲
Equity and liabilities
Total equity and liabilities10/49€38,484€25,757▼
Equity10/15€31,158€24,027▼
Contributions10/11€2,500€2,500=
Reserves13€28,658€21,527▼
Distributable reserves133€28,658€21,527▼
Amounts payable17/49€7,326€1,730▼
Amounts payable within one year42/48€7,326€1,730▼
Trade debts44€131€1,730▲
Suppliers440/4€131€1,730▲
Taxes, remuneration and social security45€7,195€0▼
Taxes450/3€7,195€0▼
Income statement Code20252026
Other operating charges640/8-€258
Gross operating margin9900€35,861-€6,654▼
Operating profit (loss)9901€35,861-€6,912▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€12€219▲
Recurring financial charges65€12€219▲
Profit (loss) for the period before taxes9903€35,853-€7,131▼
Income taxes67/77€7,195€0▼
Profit (loss) for the period9904€28,658-€7,131▼
Profit (loss) for the period to be appropriated9905€28,658-€7,131▼
Appropriation of the result
Profit (loss) to be appropriated9906€28,658-€7,131▼
Transfer from equity791/2-€7,131
Transfer to equity691/2€28,658€0▼
To other reserves6921€28,658€0▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20252026Change
Other operating charges640/8-€258-
Gross operating margin9900€35,861-€6,654-
Operating profit (loss)9901€35,861-€6,912-
Financial income75/76B€3€0▼ 100%
Recurring financial income75€3€0▼ 100%
Financial charges65/66B€12€219▲ 19×
Recurring financial charges65€12€219▲ 19×
Profit (loss) for the period before taxes9903€35,853-€7,131-
Income taxes67/77€7,195€0▼ 100%
Profit (loss) for the period9904€28,658-€7,131-
Profit (loss) for the period to be appropriated9905€28,658-€7,131-
Line20252026Change
Assets
Total assets20/58€38,484€25,757▼ 33.1%
Current assets29/58€38,484€25,757▼ 33.1%
Stocks and contracts in progress3-€1,772-
Stocks30/36-€1,772-
Amounts receivable within one year40/41€5,345€5,227▼ 2.2%
Trade receivables40€4,500€4,600▲ 2.2%
Other amounts receivable41€845€627▼ 25.7%
Cash at bank and in hand54/58€33,024€18,424▼ 44.2%
Deferred charges and accrued income490/1€115€334▲ 189%
Equity and liabilities
Total equity and liabilities10/49€38,484€25,757▼ 33.1%
Equity10/15€31,158€24,027▼ 22.9%
Contributions10/11€2,500€2,500=
Reserves13€28,658€21,527▼ 24.9%
Distributable reserves133€28,658€21,527▼ 24.9%
Amounts payable17/49€7,326€1,730▼ 76.4%
Amounts payable within one year42/48€7,326€1,730▼ 76.4%
Trade debts44€131€1,730▲ 13×
Suppliers440/4€131€1,730▲ 13×
Taxes, remuneration and social security45€7,195€0▼ 100%
Taxes450/3€7,195€0▼ 100%
Line20252026Change
Profit (loss) for the period9904€28,658-€7,131-
Operating cash flow (approximation)€28,658-€7,131-
Change in cash--€14,600-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-03-2026 abbreviated format 01-10-2026 2026-00544363
31-03-2025 abbreviated format 07-10-2025 2025-00536310

Similar companies · same sector, comparable size

Of the 9,531 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,448. 4,354 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.