Turnover
The micro format states no turnover.
The micro format states no turnover.
Less equity than 90% of companies in head offices and management consultancy. Sector median €78,216 · 39,400 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 17% of them on solvency, 20% on liquidity, 38% on profitability and 82% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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).
In July 2024, 2,542 companies had the same profile as W DEVELOPMENT has now. Each dot stands for 7 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of W DEVELOPMENT itself is lower: 0.2% within 12 months. It rests on far more data about W DEVELOPMENT than the profile alone.
The method was tested on the 497,447 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.
| 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 2,542 companies, not a prediction for W DEVELOPMENT. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 26 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| W DEVELOPMENT Brasschaat | €16,226 | €5,438 | 10.9% | - |
| MITRAM Brasschaat | €14,500 | €6,197 | 40.1% | - |
| Sam Peeters Schoten | €13,368 | €5,245 | 51.9% | - |
| Opbouw Oud-Turnhout | €19,328 | €4,815 | 1.7% | - |
| Plus MGTM Mechelen | €12,859 | €5,752 | 99.6% | - |
| FJMS CONSULT Genappe | €15,481 | €5,614 | 80.2% | - |
| SMARGINATURA CONSULTANCY Brussels | €15,498 | €5,103 | 86.8% | - |
These companies have the same main activity as W DEVELOPMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €12,900 and €19,300, founded between 2022 and 2023.
W DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from -€3,491 in 2023 to €5,438 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €25,000. Estimated: probably between €12,000 and €50,000.
Higher than 17% of 39,368 companies in 2025.
Higher than 16% of 38,051 companies in 2025.
Higher than 29% of 38,523 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
16,226 | 14,052 | 11,347 | |
21/28 |
5,648 | 5,564 | 6,620 | |
22/27 |
5,648 | 5,564 | 6,620 | |
24 |
1,394 | 718 | 1,183 | |
26 |
4,254 | 4,846 | 5,437 | |
29/58 |
10,578 | 8,488 | 4,727 | |
40/41 |
5,421 | 5,627 | 435 | |
40 |
5,421 | 5,124 | 145 | |
41 |
- | 503 | 290 | |
54/58 |
5,157 | 524 | 1,872 | |
490/1 |
- | 2,336 | 2,420 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
16,226 | 14,052 | 11,347 | |
10/15 |
1,776 | 1,126 | 114 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
-3,224 | -3,874 | -4,886 | |
17/49 |
14,450 | 12,926 | 11,233 | |
42/48 |
14,450 | 12,926 | 11,233 | |
44 |
1,257 | 70 | 310 | |
440/4 |
1,257 | 70 | 310 | |
45 |
3,375 | 1,850 | 170 | |
450/3 |
3,375 | 1,850 | 170 | |
47/48 |
9,817 | 11,006 | 10,753 | |
| Income statement | ||||
9900 |
5,438 | 5,260 | -3,491 | |
630 |
1,205 | 1,056 | 809 | |
640/8 |
1,470 | 1,898 | 230 | |
9901 |
2,763 | 2,306 | -4,531 | |
65/66B |
131 | 143 | 185 | |
65 |
131 | 143 | 185 | |
9903 |
2,632 | 2,163 | -4,716 | |
67/77 |
1,982 | 1,151 | 170 | |
9904 |
650 | 1,012 | -4,886 | |
9905 |
650 | 1,012 | -4,886 | |
| Appropriation of the result | ||||
9906 |
-3,224 | -3,874 | -4,886 | |
14P |
-3,874 | -4,886 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 3,968 | 3,362 | -3,721 | ||
| 1,855 | 2,068 | -4,077 | ||
| 1,289 | 0 | 7,429 | ||
| 4,632 | -1,348 | - | ||
| -3,872 | -4,438 | -6,506 | ||
| 10.9% | 8.0% | 1.0% | ||
| 0.73 | 0.66 | 0.42 | ||
| 8.13 | 11.48 | - | ||
| 36.6% | 89.9% | - | ||
| 4.0% | 7.2% | -43.1% | ||
| 30.27 | 23.46 | -20.10 |
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.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,289 | - | €7,429 |
| €1,205 | €1,056 | €809 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 20% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 92.0% to 89.1%. Equity and debt are higher.
W DEVELOPMENT has no parent and no holdings in its annual accounts. WALGRAEVE Yannick Julien Geneviève is the only director. W DEVELOPMENT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
W DEVELOPMENT was incorporated on 30 January 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Brasschaat in 2025.3 Since 2023, WALGRAEVE Yannick Julien Geneviève has served as director.4 Total assets rose from €11,347 in 2023 to €16,226 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Durentijdlei 40 registered office 2930 Brasschaat | 30-01-2023 | 2.341.205.361 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11322C0026/00K003 | 1,191 m² | 1 · 100 m² | 13.3 m · 2 |
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 0797.784.418
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