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W-BUILD

Active
Private limited companyfounded 201610 yrs activeVannestes Molenstraat(Mar) 4, 8510 Kortrijk, BelgiumKBO/BCE: BE 0647.730.168
Summary

W-BUILD has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €936,443 and a net result of €251,351. Equity is growing by ~59.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201Activities of building architects NACE 71111
1 site
Size
€1.7mtotal assets 2024
Staff
2.2 FTE
Equity
€936,443
Profit
€251,351
Turnover not published (abridged schema)
Financial health
69 Healthy Checked score 2024
Bankruptcy chance 12 m
0.9%
Structure
Accounts 35 d early2 of 5 deeds read
Why 69- Figures for FY 2024 (filed 29-07-2025)- Sector Construction of residential and non-residential buildings (NACE 41)+ Liquidity: current ratio 3.09, cash €301,900+ Equity €936,443 (54.8% of total assets)Show the evidence

Checked score

Score 2024
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 71% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 80+12
equity 54.8% of total assets
Liquidity 68+11
short-term debt 15.8% · cash 17.7%
Profitability 87-3
return on assets 14.7%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,187 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● 0.0% vs 11-2024 01-2025: 0.7%▼ -0.1% vs 12-2024 02-2025: 0.7%● 0.0% vs 01-2025 03-2025: 0.7%▼ -1.2% vs 02-2025 04-2025: 0.7%▼ -1.0% vs 03-2025 05-2025: 0.7%▲ +0.7% vs 04-2025 06-2025: 0.8%▲ +15.1% vs 05-2025 07-2025: 0.9%▲ +2.0% vs 06-2025 08-2025: 0.4%▼ -55.5% vs 07-2025 09-2025: 0.4%● 0.0% vs 08-2025 10-2025: 0.4%● 0.0% vs 09-2025 11-2025: 0.4%● 0.0% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%▼ -1.6% vs 12-2025 02-2026: 0.4%● 0.0% vs 01-2026 03-2026: 0.4%▼ -1.1% vs 02-2026 04-2026: 0.4%▲ +0.3% vs 03-2026 05-2026: 0.4%▼ -0.8% vs 04-2026 06-2026: 0.4%▲ +10.3% vs 05-2026 07-2026: 0.3%▼ -13.8% vs 06-2026lowest value 08-2026: 0.4%▲ +5.7% vs 07-2026 09-2026: 0.5%▲ +31.6% vs 08-2026 10-2026: 0.9%▲ +78.4% vs 09-2026highest value
  • Figures for FY 2024 (filed 29-07-2025) raises the probability
  • Liquidity: current ratio 3.09, cash €301,900 lowers the probability
  • Equity €936,443 (54.8% of total assets) lowers the probability
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 3.09 against 1.86 in 2023; short-term debt: 15.8% and cash: 17.7% of total assets), and 45.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 63%, liquidity 73%, profitability 72%, growth against the median 74%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 29-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.09, cash €301,900
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €936,443 (54.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
4 d early
2023
2 d early
2022
31 d late
2021
5 d early
2020
9 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. BenamingTransfer of a branch of…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. RestructuringTransfer of a branch of…

Key points

  • Positive: 7 profitable years in a rowprofit 2024: €251,351 7 years View
  • Positive: Equity rose in 2024from €687,593 to €936,443 ▲ 36.2% View
  • Total assets 20246 fiscal years filed €1.7m View

By topic

Financials

Fiscal year
2024
Total assets
€1.7m
Profit
€251,351
Solvency
54.8%
Turnover▲ 9.0%
Net result
20222023
Go to Financials

Timeline

Events
18
Since
2017
Next accounts
by 31-07-2027
  1. 20-07-2026Benaming
  2. 26-06-2026Annual accounts filed
  3. 02-06-2026Restructuring
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
02-02-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Purpose
1. Alle operaties van immobiliaire aard, te weten kopen en verkopen en verhuren van…
Go to Articles of association

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