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W.A.B.-CONSTRUCT

Inactive
KBO/BCE: BE 0534.869.381

Inactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 29-12-2025.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 13-01-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
4 d late
2023
on the day
2022
4 d early
2021
7 d early
2020
2 d early
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

The board currently has 2 members; Seghers Benny has served longest, since 2025.1 W.A.B.-CONSTRUCT has filed 12 sets of annual accounts, the latest for fiscal year 2025.2 In 2025 the company was absorbed by merger into IMMO SEVEN.3

  1. 1Belgian State Gazette, 06-02-2026
  2. 2National Bank, annual accounts 2025
  3. 3Belgian State Gazette, 06-02-2026

Go further with this company

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

Financials · fiscal year 2025, micro schema

Equity
€4,266▼ 12.2%
2024 · €4,859
Total assets
€91,933=
2024 · €91,933
Net result
-€594▼ 0.8%
2024 · -€589
Working capital
€3,893▼ 10.2%
2021 · €4,336
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€523▼ 0.2%-€443▲ 15.2%€7,249-€589-€594▼ 0.8%
Net result-€523▼ 0.2%-€443▲ 15.2%€7,249-€589-€594▼ 0.8%
Equity-€1,358▼ 62.6%-€1,801▼ 32.6%€5,448€4,859▼ 10.8%€4,266▼ 12.2%
Total assets€92,284=€92,284=€91,933▼ 0.4%€91,933=€91,933=
Debt€93,642▲ 0.6%€94,085▲ 0.5%€86,485▼ 8.1%€87,074▲ 0.7%€87,668▲ 0.7%
Working capital€4,336▼ 10.8%€3,893▼ 10.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000€0€2,000€4,000€6,000€8,000Operating result 2021: -€523-€523Net result 2021: -€523-€523Operating result 2022: -€443-€443Net result 2022: -€443-€443Operating result 2023: €7,249€7,249Net result 2023: €7,249€7,249Operating result 2024: -€589-€589Net result 2024: -€589-€589Operating result 2025: -€594-€594Net result 2025: -€594-€59420212022202320242025-€2,000€0€2,000€4,000€6,000€8,000Operating result 2023: €7,249€7,250Net result 2023: €7,249€7,250Operating result 2024: -€589-€589Net result 2024: -€589-€589Operating result 2025: -€594-€594Net result 2025: -€594-€594202320242025
The operating result stays negative: a loss of €594 in 2025 against €589 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €91,933
Equity €4,266 ▼ 12.2%
Debt €87,668 ▲ 0.7%
Debt's share of the balance-sheet total rises from 94.7% to 95.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
20.55▲
2024 · 17.92
ROE
-13.9%▼
2024 · -12.1%
ROA
-0.6%▼
2024 · -0.6%
Debt > 1 year
€87,668▲
2024 · €87,074
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 · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€91,933€91,933=
Current assets29/58€91,933€91,933=
Amounts receivable within one year40/41€91,000€91,000=
Other amounts receivable41€91,000€91,000=
Cash at bank and in hand54/58€933€933=
Equity and liabilities
Total equity and liabilities10/49€91,933€91,933=
Equity10/15€4,859€4,266▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€6,200€6,200=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Profit (loss) carried forward14-€63,341-€63,934▼
Amounts payable17/49€87,074€87,668▲
Amounts payable after more than one year17€87,074€87,668▲
Financial debts170/4€84,380€87,668▲
Other amounts payable178/9€2,694-
Income statement Code20242025
Other operating charges640/8€525€141▼
Gross operating margin9900-€64-€453▼
Operating profit (loss)9901-€589-€594▼
Profit (loss) for the period before taxes9903-€589-€594▼
Profit (loss) for the period9904-€589-€594▼
Profit (loss) for the period to be appropriated9905-€589-€594▼
Appropriation of the result
Profit (loss) to be appropriated9906-€63,341-€63,934▼
Profit (loss) brought forward from the previous period14P-€62,752-€63,341▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€443€351€525€141▼ 73.2%
Gross operating margin9900-€55-€7,600-€64-€453▼ 610%
Operating profit (loss)9901-€523-€443€7,249-€589-€594▼ 0.8%
Profit (loss) for the period before taxes9903-€523-€443€7,249-€589-€594▼ 0.8%
Profit (loss) for the period9904-€523-€443€7,249-€589-€594▼ 0.8%
Profit (loss) for the period to be appropriated9905-€523-€443€7,249-€589-€594▼ 0.8%
Line20212022202320242025Change
Assets
Total assets20/58€92,284€92,284€91,933€91,933€91,933=
Current assets29/58€92,284€92,284€91,933€91,933€91,933=
Amounts receivable within one year40/41€91,000€91,000€91,000€91,000€91,000=
Other amounts receivable41-€91,000€91,000€91,000€91,000=
Cash at bank and in hand54/58€1,284€1,284€933€933€933=
Equity and liabilities
Total equity and liabilities10/49€92,284€92,284€91,933€91,933€91,933=
Equity10/15-€1,358-€1,801€5,448€4,859€4,266▼ 12.2%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10-€62,000€62,000€62,000€62,000=
Issued capital100-€62,000€62,000€62,000€62,000=
Reserves13€6,200€6,200€6,200€6,200€6,200=
Non-distributable reserves130/1-€6,200€6,200€6,200€6,200=
Legal reserve130-€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€69,558-€70,001-€62,752-€63,341-€63,934▼ 0.9%
Amounts payable17/49€93,642€94,085€86,485€87,074€87,668▲ 0.7%
Amounts payable after more than one year17€5,694€5,694€86,485€87,074€87,668▲ 0.7%
Financial debts170/4-€5,694€86,485€84,380€87,668▲ 3.9%
Other amounts payable178/9---€2,694--
Amounts payable within one year42/48€87,948€88,391----
Trade debts44€2,904€2,904----
Suppliers440/4-€2,904----
Taxes, remuneration and social security45-€83,081----
Taxes450/3-€83,081----
Other amounts payable47/48-€2,406----
Line20212022202320242025Change
Profit (loss) for the period9904-€523-€443€7,249-€589-€594▼ 0.8%
Operating cash flow (approximation)-€523-€443€7,249-€589-€594▼ 0.8%
Change in cash-€0-€351€0€0-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
06-02
State Gazette act Restructuring · End & cessation
Appointments: Seghers Benny (director) and De Smet Vivienne (director) · Mandate compensation · Merger42 facts ▸
  • General meeting, 29-12-2025
  • Director appointment, Seghers Benny (director)
  • Director appointment, De Smet Vivienne (director)
  • Director appointment, Seghers Benny (director)
  • Director appointment, De Smet Vivienne (director)
  • Director appointment, Seghers Benny (director)
  • Director appointment, De Smet Vivienne (director)
  • Director appointment, Seghers Benny (director)
  • Director appointment, De Smet Vivienne (director)
  • Director appointment, Seghers Benny (director)
  • Director appointment, De Smet Vivienne (director)
  • Mandate compensation, Seghers Benny
  • +30 further facts in this act
13-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €7,249
Net result €7,249 after 4 loss-making years.
27-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
22-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2025
Seghers Benny
Director · since 29-12-2025
Current
Vivienne De Smet
Director · since 29-12-2025
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint

Mandate history

2 people since 2025, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Seghers Benny
  • Director, from 29-12-2025 to date
Vivienne De Smet
  • Director, from 29-12-2025 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

2 owners

Chain of control

  1. WASE APPARTEMENTSBOUW, AFGEKORT : W.A.B. 96%
  2. W.A.B.-CONSTRUCT

Highest known parent: WASE APPARTEMENTSBOUW, AFGEKORT : W.A.B.. The sources do not say who stands above it.

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

4 connected companies
Depth
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Linked via shared directors
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Acquisitions and mergers

1 transaction
Taken over by:IMMO SEVEN
BE 0476.956.027merger by absorption · State Gazette act of 06-02-2026 (5 acts) · effective 29-12-2025