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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 92% of 367 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 05-06-2024 Normal situation
Activity
Development of residential building projects NACE 68121and 1 other
Establishment unit
2.360.190.934 2970 Schilde, since 05-06-2024
Financial year end
31 March
Peppol
Reachable since 06-01-2026

Board and ownership

Board
Shareholders
  • DESART Woutdeed of 07-06-2024

Financial position

93 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Gross margin
-€6,654
Loss
€7,131
Equity
€24,027
▼ 22.9%
Total assets
€25,757
▼ 33.1%
Turnover not published (abbreviated format)
Score breakdownlowers riskLiquidity: current ratio 14.89, cash €18,424Sector: Real estate activities (NACE 68)Equity €24,027 (93.3% of total assets)Figures for financial year 2026 (filed on 03-10-2026)Show the evidence

Checked score

Score 2026
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in real estate (NACE 68)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 93.3% of total assets
Liquidity 100+6
short-term debt 6.7% · cash 71.5%
Profitability 0-100
return on assets -27.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 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 07-2025: 0.7% 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.7 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 14.89 (5.25 in 2025), above the usual 1.5. Short-term debt is 6.7% and cash 71.5% of total assets. 6.7% 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 91% of them on solvency, 98% on liquidity, 4% on profitability and 20% 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 14.89, cash €18,424
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Equity €24,027 (93.3% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 03-10-2026)
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 01-10-2026, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2026
30 days early
2025
24 days early
← before the deadline after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2026, abbreviated format

Annual accounts 2026 filed on 01-10-2026 at the NBB all 2 filings

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
Multi-year overview
2025 to 2026, 2 financial years
Operating result
-€6,912
2026
20252026
Net result
-€7,131
2026
20252026
Equity
€24,027
▼ 22.9% 2026
20252026
Total assets
€25,757
▼ 33.1% 2026
20252026
Debt
€1,730
▼ 76.4% 2026
20252026
Working capital
€24,027
▼ 22.9% 2026
20252026
Solvency
93.3%
▲ 12.3pp 2026
20252026
Current ratio
14.89
▲ 9.63 2026
20252026
Return on assets (ROA)
-27.7%
▼ 102.2pp 2026
20252026
Every figure per financial year
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 sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2026 is a loss of €6,912, after a profit of €35,861 in 2025.

Turnover and EBIT margin are 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.
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 have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 01-10-2026.

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-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 3,223 companies had the same profile as Wout Desart has now. Two years later, 87.8% were still going and 3.4% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
87.8% was still going
8.7% stopped otherwise
3.4% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Wout Desart itself is lower: 0.1% within 12 months. It rests on far more data about Wout Desart than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,223 companies, not a prediction for Wout Desart. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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

Board & ownership

Directors

Directors
1 director, since incorporation
DESART Wout
Director · since 05-06-2024 · listed in the 2026 annual accounts, filed on 01-10-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Indien de vennootschap door meer dan één bestuurders wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”
deed of 07-06-2024

Owners and capital

Shareholders

At incorporation deed of 07-06-2024 ↗

Capital transactions

Capital over time
  1. 07-06-2024 Incorporation · €2,500 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director

Articles of association, deed of 07-06-2024 (in Dutch)

Network & group

Wout Desart shares no director with another company.

Companies at the same address

3 other companies

Connections & network

1 current director
Depth

The network starts from the directors of Wout Desart. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

Deadline for the 2027 accounts: 31-10-2027
2026
01-10
NBB filing Annual accounts 2026 filedNBB
abbreviated format · 30 days before the deadline
31-03
Financial Liquidity more than doubledcurrent ratio 14.89
The current ratio rises from 5.25 to 14.89. Short-term debt falls from €7,326 to €1,730.
30-03
Gazette deed Company renamed from TIDES to Wout Desart
1 point ▸
  • Name change, Wout Desart
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2025
07-10
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 24 days before the deadline
2024
07-06
Gazette deed Incorporation
Founding capital of €2,500, 100 shares · Founder: DESART Wout · Appointment: DESART Wout (director)5 points ▸
  • Incorporation, 04-06-2024
  • Founder, DESART Wout
  • Founding capital, €2,500, 100 shares
  • Director appointment, DESART Wout
  • Registered office clause, Catharinadreef 54, 2970 Schilde
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Wout Desart was incorporated on 5 June 2024 as a private limited company by one natural person, with a starting capital of €2,500.12 In 2026 the company took the name Wout Desart.3 Since 2024, DESART Wout has served as director.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-06-2024
  3. 3Belgian Official Gazette, 30-03-2026
  4. 4National Bank, annual accounts 2026

Company details

Register details

Identity

KBO record
Name Wout Desart in Dutch
Former name TIDES until 23-03-2026 · deed of 30-03-2026
Enterprise number 1010.048.825
Legal form Private limited company
Status Active, normal situation
Founded 05-06-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-06-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-06-2024 (in Dutch)

Registered office and establishments

Registered office Catharinadreef 54, 2970 Schilde, Belgium
Establishment unit Wout Desart, Catharinadreef 54, 2970 Schilde since 05-06-2024 · unit number 2.360.190.934 46190 Agents in non-specialised wholesale trade

Activities

NACEBEL 2025
68121 Development of residential building projects main activity
68122 Development of non-residential building projects
Codes under NACEBEL 2008
41101 Real estate development main activity
41102 Construction of residential and non-residential buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“Activiteiten van projectcoördinator; Activiteiten van mechanisch en elektromechanisch ingenieur; Activiteiten van werfopvolging en…”
14 activities
  1. Activiteiten van projectcoördinator
  2. Activiteiten van mechanisch en elektromechanisch ingenieur
  3. Activiteiten van werfopvolging en bouwmanagement
  4. Groothandel en kleinhandel in diverse goederen en producten
  5. E-commerce en online diensten
  6. Productontwikkeling en innovatie
  7. Logistieke en distributiediensten
  8. Opleidingen en training
  9. Alle mogelijke advies- en/of consultancydiensten op voornoemde gebieden
  10. Het geven van advies en verstrekken van diensten me betrekking tot de organisatie en het beheer van bedrijven die op de hoger vermelde domeinen actief zijn,de vertegenwoordiging en het optreden als commercieel tussenpersoon
  11. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten
  12. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen
  13. Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten,industriële,commerciële,financiële,landbouw- of immobiliënvennootschappen of -ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
  14. Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen
deed of 07-06-2024 (in Dutch)

Invoicing and payment

VAT number BE 1010.048.825
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1010048825
Other Peppol ID 9925:BE1010048825
Registered 06-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1010.048.825

Financial year and general meeting

Accounts at the NBB
Financial year end 31-03

Sites & property

Location
registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
4,750 m²
Building footprint
247 m²
Building volume
1,219 m³
Cadastral parcel Region Area Buildings Height / floors
11039A0185/00E026 Flanders 4,750 m² 1 · 247 m² 22.2 m · 1