Equity
€4,266 from €69,241 in 2014
Equity fell by 94% in 11 years.
W.A.B.-CONSTRUCT
Overview
Lifetime
12 annual accounts with figures on one time axispeak €174,930 (2018)
-€453▼ €389
lowest -€243,867 (2015)
-€594▼ €5
peak €69,241 (2014)
€4,266▼ 12.2%
€87,668▲ 0.7%
Board5 names since 2016
1 director
Owners3 names in the annual accounts
Documentsfilings and deeds
13-01-202618 days before the deadline
2025micro format
Gross margin from -€64 to -€453Loss of €594Merger proposal: to be absorbed by IMMO SEVEN NV 24-11Equity from €4,859 to €4,266
Key points
from the 2025 annual accounts, the last ones filedDebts
€87,668 95% of the balance sheet
Filings
12 annual accounts since 2014
Three of the last ten came late. The 2019 accounts came latest: 28 days after the end of the period.
Turnover not published (abbreviated or micro format)
Board and ownership
Director
Director
Director
- 100%score equity -€424,867 (2025) · deed of 06-02-2026
- 96%equity -€37,717 (2024) · 2023 annual accounts of
- 1.61%score equity €677,399 (2025) · 2023 annual accounts of
Recent changes
Merger: absorbed by IMMO SEVEN
Dissolution of the company · Dissolved without liquidation · Appointments: (director) and (director) · General meeting of 29-12-2025 · Gazette deed
Merger proposal: to be absorbed by IMMO SEVEN NV
“Het bestuur en normaal beheer van roerend en onroerend vermogen,de aankoop,verkoop,verhuring,huur,het ter…” (deed in Dutch) · IMMO SEVEN NV holds all the shares · holds 104 shares · Gazette deed
Registered office moved to Lede
New registered office: Katstraat 22 te 9340 Lede · Resignation: (managing director) · Appointment: (managing director) · General meeting of 08-08-2016 · Gazette deed
Incorporation
4 publications in the Belgian Official Gazette, the last on 06-02-2026 · Gazette deed
Official details
Source: KBO- Status
- Absorbed by IMMO SEVENmerger by absorption, December 2025
- Activity
- “Het bestuur en normaal beheer van roerend en onroerend vermogen,de aankoop,verkoop,verhuring,huur,het ter beschikking stellen…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2025
- -€453▼ 610%
- €594▲ 0.8%
- €4,266▼ 12.2%
- €91,933=
- Filing
- Filed on 13-01-2026
Insights on W.A.B.-CONSTRUCT
Absorbed by IMMO SEVEN in December 2025. The last annual accounts are for financial year 2025. The company was dissolved without liquidation.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 13-01-2026, 18 days before the deadline-€453
▼ €389
-€594
▼ €5
-€594
▼ €5
-
4.6%
▼ 0.6 percentage points
-
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €91,933 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
91,933 | 91,933 | 91,933 | 92,284 | 92,284 | 92,284 | 92,805 | 92,805 | 2,065 | 171,448 | 158,498 | 356,989 | |
29/58 |
91,933 | 91,933 | 91,933 | 92,284 | 92,284 | 92,284 | 92,805 | 92,805 | 2,065 | 171,448 | 158,498 | 356,989 | |
3 |
- | - | - | - | - | - | - | - | - | 139,510 | 135,000 | 212,850 | |
30/36 |
- | - | - | - | - | - | - | - | - | 139,510 | 135,000 | 212,850 | |
40/41 |
91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | - | 5,320 | - | - | |
40 |
- | - | - | - | - | - | - | - | - | 5,320 | - | - | |
41 |
91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | 91,000 | - | - | - | - | |
54/58 |
933 | 933 | 933 | 1,284 | 1,284 | 1,284 | 1,805 | 1,805 | 2,065 | 26,618 | 23,498 | 144,139 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
91,933 | 91,933 | 91,933 | 92,284 | 92,284 | 92,284 | 92,805 | 92,805 | 2,065 | 171,448 | 158,498 | 356,989 | |
10/15 |
4,266 | 4,859 | 5,448 | -1,801 | -1,358 | -835 | -314 | 794 | -173,090 | -173,924 | -174,627 | 69,241 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
14 |
-63,934 | -63,341 | -62,752 | -70,001 | -69,558 | -69,035 | -68,514 | -67,407 | -241,290 | -242,124 | -242,827 | 1,041 | |
17/49 |
87,668 | 87,074 | 86,485 | 94,085 | 93,642 | 93,120 | 93,120 | 92,012 | 175,155 | 345,372 | 333,124 | 287,749 | |
17 |
87,668 | 87,074 | 86,485 | 5,694 | 5,694 | 5,694 | 5,694 | 5,694 | 5,694 | 133,900 | 147,000 | - | |
170/4 |
87,668 | 84,380 | 86,485 | 5,694 | 5,694 | 5,694 | 5,694 | 5,694 | 5,694 | 133,900 | 147,000 | - | |
178/9 |
- | 2,694 | - | - | - | - | - | - | - | - | - | - | |
42/48 |
- | - | - | 88,391 | 87,948 | 87,425 | 87,425 | 86,318 | 169,461 | 211,472 | 186,124 | 287,749 | |
44 |
- | - | - | 2,904 | 2,904 | 2,904 | 2,904 | 2,904 | 3,665 | 25,990 | 15,542 | 102,698 | |
440/4 |
- | - | - | 2,904 | 2,904 | 2,904 | 2,904 | 2,904 | 3,665 | 25,990 | 15,542 | 102,698 | |
45 |
- | - | - | 83,081 | 83,081 | 83,081 | 83,081 | 83,081 | 83,081 | 57,316 | 53,764 | 33,516 | |
450/3 |
- | - | - | 83,081 | 83,081 | 83,081 | 83,081 | 83,081 | 83,081 | 57,316 | 53,764 | 33,516 | |
47/48 |
- | - | - | 2,406 | 1,963 | 1,440 | 1,440 | 332 | 82,714 | 128,167 | 116,818 | 151,534 | |
| Income statement | |||||||||||||
76A |
- | - | - | - | - | - | - | 175,000 | - | - | - | - | |
9900 |
-453 | -64 | 7,600 | - | -55 | -55 | -72 | 174,930 | 7,640 | 2,043 | -205,047 | 30,788 | |
630 |
- | - | - | - | - | - | - | - | - | - | - | 1,520 | |
640/8 |
141 | 525 | 351 | 443 | 468 | 467 | 1,036 | 787 | 966 | 1,188 | 598 | 695 | |
9901 |
-594 | -589 | 7,249 | -443 | -523 | -521 | -1,108 | 174,143 | 6,674 | 855 | -205,645 | 28,574 | |
65/66B |
- | - | - | - | - | - | - | 260 | 122 | 153 | 35,485 | 18,333 | |
65 |
- | - | - | - | - | - | - | 260 | 122 | 153 | 35,485 | 18,333 | |
9903 |
-594 | -589 | 7,249 | -443 | -523 | -521 | -1,108 | 173,883 | 6,552 | 702 | -241,130 | 10,241 | |
67/77 |
- | - | - | - | - | - | - | - | 5,718 | - | 2,738 | 3,000 | |
9904 |
-594 | -589 | 7,249 | -443 | -523 | -521 | -1,108 | 173,883 | 835 | 702 | -243,867 | 7,241 | |
9905 |
-594 | -589 | 7,249 | -443 | -523 | -521 | -1,108 | 173,883 | 835 | 702 | -243,867 | 7,241 | |
| Appropriation of the result | |||||||||||||
9906 |
-63,934 | -63,341 | -62,752 | -70,001 | -69,558 | -69,035 | -68,514 | -67,407 | -241,290 | -242,124 | -242,827 | 7,241 | |
14P |
-63,341 | -62,752 | -70,001 | -69,558 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 6,200 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 6,200 | |
| Document | |||||||||||||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 13-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 13-01-2026 | 2026-00006637 | |
| 30-06-2024 | micro format | 04-02-2025 | 2025-00031649 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00025073 | |
| 30-06-2022 | abbreviated format | 27-01-2023 | 2023-00012810 | |
| 30-06-2021 | micro format | 24-01-2022 | 2022-02400295 | |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-02800454 | |
| 30-06-2019 | micro format | 28-02-2020 | 2020-05900259 | |
| 30-06-2018 | abbreviated format | 22-01-2019 | 2019-02000247 | |
| 30-06-2017 | abbreviated format | 30-01-2018 | 2018-03200596 | |
| 30-06-2016 | abbreviated format | 07-02-2017 | 2017-04100119 | |
| 30-06-2015 | abbreviated format | 22-09-2016 | 2016-61200572 | |
| 30-06-2014 | abbreviated format | 12-01-2015 | 2015-01100140 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | 30,093 | ||
| - | - | - | - | - | - | - | - | - | - | - | 8,761 | ||
| 0 | 0 | -351 | 0 | 0 | -521 | 0 | -260 | -24,553 | 3,120 | -120,642 | - | ||
| - | - | - | 3,893 | 4,336 | 4,859 | 5,380 | 6,488 | -167,396 | -40,024 | -27,627 | 69,241 | ||
| 4.6% | 5.3% | 5.9% | -2.0% | -1.5% | -0.9% | -0.3% | 0.9% | - | -101.4% | -110.2% | 19.4% | ||
| - | - | - | 1.04 | 1.05 | 1.06 | 1.06 | 1.08 | - | 0.81 | 0.85 | 1.24 | ||
| - | - | - | 1.04 | 1.05 | 1.06 | 1.06 | 1.08 | - | 0.15 | 0.13 | 0.50 | ||
| 20.55 | 17.92 | 15.88 | - | - | - | - | - | - | - | - | 4.16 | ||
| -13.9% | -12.1% | 133.1% | - | - | - | - | - | - | - | - | 10.5% | ||
| -0.6% | -0.6% | 7.9% | -0.5% | -0.6% | -0.6% | -1.2% | 187.4% | - | 0.4% | -153.9% | 2.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on W.A.B.-CONSTRUCT
The operating result for 2025 is a loss of €594, larger than the loss of €589 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total rises from 94.7% to 95.4%. Equity is lower and debt is higher.
Board & ownership
Last board
3 directors, last change in 2025Mandates through the years
5 names, the dashed line is todayDirector
Director
Director
Managing director
Managing director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
-
- Director, from 26-12-2020 to date
-
- Director, appointed by deed of 06-02-2026, still in office
-
- Director, appointed by deed of 06-02-2026, still in office
-
- Director, until 24-08-2016
- Managing director, until 24-08-2016
-
- Director, appointed by deed of 24-08-2016, last mentioned in 2016
- Managing director, appointed by deed of 24-08-2016, last mentioned in 2016
Control
Parent
Equity -€424,867
Loss €675,425 in 2025 (loss €591 in 2024)
Checked score
100%
This company
W.A.B.-CONSTRUCT
Equity €4,266
Loss €594 in 2025
Capital
- Capital
- €62,000
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
-
- 2021 to 2023: 96%
-
- 2013 to 2023: 1.61%
-
- 2015: 1.6%
Source: lists of holdings in the owners' accounts
Articles of association
deed of 24-11-2025 (in Dutch)- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
3 ownersOwners 3
- parentEquity -€424,867 Loss of €675,425 in 2025 (loss of €591 in 2024) Checked score100%
- parentEquity -€37,717 Loss of €592 in 2024 (loss of €735 in 2023)Sourceaccounts 202396%
- Equity €677,399 Profit of €17,453 in 2025 (loss of €5,250 in 2024) Checked scoreSourceaccounts 20231.61%
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 06-02-2026 ↗
- all shares
Stated in the deed
deed of 24-11-2025 ↗
- all shares
Network & group
Parent
Belgium · 100% of the shares · equity -€424,867 · loss €675,425 (2025)
Earlier ties
via , no longer at · Manager founded in 1971 |
89 FTE (2025) |
via , no longer at · Permanent representative · deed of 24-08-2016 founded in 1968 |
total assets €5.4m (2025) |
via , no longer at · Permanent representative · deed of 13-09-2016 founded in 1988 |
total assets €266,377 (2025) |
Acquisitions and mergers
1 transactionTaken over by:IMMO SEVEN
Connections & network
2 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Director · deed of 06-02-2026
No longer active · total assets €66,260 (2024)
via · Director · deed of 06-02-2026
No longer active · total assets €1,096 (2024)
Timeline
Timeline
21 events since 2013Board
Capital
Filings
Financial
End
Address
2014201620182020202220242026
Deadline for the 2026 accounts: 31-01-2027
2026
Merger: absorbed by IMMO SEVENDissolution of the company · Dissolved without liquidation · Appointments: (director) and (director) · General meeting of 29-12-20255 points ▸
- General meeting, 29-12-2025
- Director appointment, , mentioned 5 times in the deed
- Director appointment, , mentioned 5 times in the deed
- IMMO SEVEN holds all the shares, mentioned 4 times in the deed
- Accounting effect, 12-11-2025
- The deed holds 19 more points.
Annual accounts 2025 filed PDFmicro format · 18 days before the deadline
2025
Merger proposal: to be absorbed by IMMO SEVEN NV“Het bestuur en normaal beheer van roerend en onroerend vermogen,de aankoop,verkoop,verhuring,huur,het ter…” (deed in Dutch) · IMMO SEVEN NV holds all the shares · holds 104 shares11 points ▸
- IMMO SEVEN NV holds all the shares, mentioned 4 times in the deed
- Board composition, (director), mentioned twice in the deed
- Board composition, (director), mentioned twice in the deed
- Registered office clause, Katstraat 22, 9340 Lede, mentioned 4 times in the deed
- Board composition, , mentioned twice in the deed
- Board composition, , mentioned 3 times in the deed
- Incorporation, 14-03-1969
- holds 104 shares
- holds 62 shares
- holds 164 shares
- holds 104 shares
- The deed holds 10 more points.
Annual accounts 2024 filed PDFmicro format · 4 days late
2024
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
Back to profit net €7,249 The net result is €7,249, after 4 loss-making years.
Annual accounts 2022 filed PDFabbreviated format · 4 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 7 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 2 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 28 days late
2019
Annual accounts 2018 filed PDFabbreviated format · 9 days before the deadline
2018
Highest result from 2014 to 2025 net €173,883 ▲20,735% The operating result of €174,143 and the net result of €173,883 are both a record.
Liquidity more than 88 times current ratio 1.08 The current ratio rises from 0.01 to 1.08. Short-term debt falls from €169,461 to €86,318.
Annual accounts 2017 filed PDFabbreviated format · 1 day before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 7 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 235 days late
Registered office moved to LedeNew registered office: Katstraat 22 te 9340 Lede · Resignation: (managing director) · Appointment: (managing director) · General meeting of 08-08-20169 points ▸
- General meeting, 08-08-2016
- Director resignation,
- Director discharge,
- Director appointment,
- Registered-office move, Katstraat 22 te 9340 Lede
- Board meeting, 08-08-2016
- Director resignation, (managing director)
- Director discharge, (managing director)
- Director appointment, (managing director)
Back to profit net €702 The net result is €702, after one loss-making year.
2015
Weakest financial year net -€243,867 The net result drops to -€243,867, the lowest from 2014 to 2025.
Annual accounts 2014 filed PDFabbreviated format · 19 days before the deadline
2013
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 06-02-2026
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
The registered office was moved to Lede in 2016.1 W.A.B.-CONSTRUCT has filed 12 sets of annual accounts, the latest for financial year 2025.2 In 2025 the company was absorbed by merger into IMMO SEVEN.3
Company details
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het bestuur en normaal beheer van roerend en onroerend vermogen,de aankoop,verkoop,verhuring,huur,het ter beschikking stellen aan…”
4 activities
- Het bestuur en normaal beheer van roerend en onroerend vermogen,de aankoop,verkoop,verhuring,huur,het ter beschikking stellen aan derden,onder andere via
- Zich borg stellen voor andere vennootschappen of ondernemingen of aan hen leningen toestaan;optreden als bestuurder of vereffenaar in andere vennootschappen,borg stellen voor derden,bestuurders en aandeelhouders,evenals hun leningen,voorschotten en kredieten toestaan,behoudens de wettelijke beperkingen terzake
- Rechtstreeks of onrechtstreeks belangen nemen onder welke vorm ook in alle ondernemingen,bestaande en nog op te richten en met hen samensmelten of hen opslorpen
- Optreden als raadgever voor derden inzake organisatie en algemeen beleid
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Katstraat 22, 9340 Lede”
Articles of association, deed of 24-11-2025 (in Dutch)
Inactive
Absorbed by IMMO SEVEN in December 2025
W.A.B.-CONSTRUCT is no longer in the KBO register. IMMO SEVEN took it over in a merger by absorption, published in the Belgian Official Gazette on 6 February 2026.
- Status
- Inactive
- Reason
- Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 6 February 2026 · deed
- Absorbed by
- IMMO SEVEN · 0476.956.027
- Last annual accounts
- financial year to 30 June 2025
- Last registered office
- Katstraat 22, 9340 Ledeas published on 6 February 2026
- Legal form
- Public limited company
- First annual accounts
- financial year 2014