W. CONSTRUCTIONS
ActiveW. CONSTRUCTIONS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.50M and a net result of €-3k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 76% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 2.11 in 2024), and 33.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.7%
Return on assets
-0.1%
Age of the figures
11 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-05-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
22 d late
2024
2 d early
2023
18 d early
2022
31 d late
2021
32 d late
2020
31 d late
2019
33 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.50M▼ 0.2%
2024 · €1.50M
2018: €1.58M
2019: €1.84M
2020: €1.82M
2021: €1.51M
2022: €1.68M
2023: €1.53M
2024: €1.50M
2018 → 2025
Total assets
€2.24M▼ 2.3%
2024 · €2.29M
2018: €2.80M
2019: €2.78M
2020: €2.78M
2021: €2.71M
2022: €2.61M
2023: €2.38M
2024: €2.29M
2018 → 2025
Net result
€-3k▲ 91.4%
2024 · €-30k
2018: €-13k
2019: €259k
2020: €-22k
2021: €-304k
2022: €163k
2023: €-148k
2024: €-30k
2018 → 2025
Working capital
€754k▲ 1.0%
2024 · €746k
2018: €341k
2019: €364k
2020: €378k
2021: €110k
2022: €250k
2023: €753k
2024: €746k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.51M-€1.68M▲ 10.8%€1.53M▼ 8.8%€1.50M▼ 1.9%€1.50M▼ 0.2%
Operating result€3k-€253k▲ 8,407%€-150k€-9k▲ 93.9%€7k
Net result€-304k-€163k€-148k€-30k▲ 80.1%€-3k▲ 91.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.24M
Fixed assets
€851k▼ 3.0%
Current assets
€1.39M▼ 1.9%
Equity and liabilities €2.24M
Equity
€1.50M▼ 0.2%
Provisions
€90k▼ 4.5%
Debt
€656k▼ 6.6%
The debt ratio falls from 30.6% to 29.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€34k▲
2024 · €18k
Cash flow
€24k▲
2024 · €-3k
Solvency
66.7%▲
2024 · 65.3%
Current ratio
2.18▲
2024 · 2.11
Quick ratio
1.67▲
2024 · 1.63
Debt / equity
0.44▼
2024 · 0.47
ROE
-0.2%▲
2024 · -2.0%
ROA
-0.1%▲
2024 · -1.3%
Interest coverage
2.62▲
2024 · 0.71
Debt
€656k▼
2024 · €702k
Debt ≤ 1 year
€637k▼
2024 · €671k
Income taxes
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.29M€2.24M▼
Fixed assets21/28€877k€851k▼
Tangible fixed assets22/27€874k€848k▼
Land and buildings22€874k€848k▼
Furniture and vehicles24€301€0▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.42M€1.39M▼
Stocks and contracts in progress3€326k€326k=
Stocks30/36€326k€326k=
Amounts receivable within one year40/41€460k€460k=
Other amounts receivable41€460k€460k=
Cash at bank and in hand54/58€631k€605k▼
Equity and liabilities
Total equity and liabilities10/49€2.29M€2.24M▼
Equity10/15€1.50M€1.50M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€437k€434k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€292k€279k▼
Distributable reserves133€138k€149k▲
Profit (loss) carried forward14€999k€999k=
Provisions and deferred taxes16€94k€90k▼
Deferred taxes168€94k€90k▼
Amounts payable17/49€702k€656k▼
Amounts payable within one year42/48€671k€637k▼
Trade debts44€26k€3k▼
Suppliers440/4€26k€3k▼
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€645k€633k▼
Accrued charges and deferred income492/3€31k€19k▼
Income statement
Code20242025
Non-recurring operating income76A-€25k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▼
Other operating charges640/8€34k€36k▲
Gross operating margin9900€52k€69k▲
Operating profit (loss)9901€-9k€7k▲
Financial charges65/66B€25k€13k▼
Recurring financial charges65€25k€13k▼
Profit (loss) for the period before taxes9903€-34k€-6k▲
Transfer from deferred taxes780€4k€4k=
Income taxes67/77-€1k
Profit (loss) for the period9904€-30k€-3k▲
Transfer from tax-exempt reserves789€13k€13k=
Profit (loss) for the period to be appropriated9905€-16k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€999k€1.01M▲
Profit (loss) brought forward from the previous period14P€1.02M€999k▼
Transfer to equity691/2-€11k
To other reserves6921-€11k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
Financial
Back to profitnet €163k
Net result €163k after 2 loss-making years.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
30-09
Financial
Weakest financial yearnet €-304k
Net result drops to €-304k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
30-09
Financial
Back to profitnet €259k
Net result €259k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blankenberge · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schaapstraat 1078370 BlankenbergeGround area
2,704 m²
Building footprint
1,685 m²
Volume, LiDAR
10,730 m³
Parcel 31034B0576/00T000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
W. CONSTRUCTIONS NV
since 19912.052.582.950
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31034B0576/00T000 | Flanders | 2,704 m² | 1 · 1,685 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,288 companies in sector 68110 we hold annual accounts for 5,353. 2,922 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-01-1986
Fiscal year end30-09
Activities, NACEBEL
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.