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W&E Construct

Active
Private limited companyfounded 20242 years activeWinston Churchilllaan 87, 1180 Ukkel, BelgiumKBO/BCE: BE 1011.255.286
Summary

W&E Construct has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,277 and a net result of €41,277. Its solvency ranks better than 51% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Other specialised construction activities
NACE 43990General construction of residential buildings NACE 41001
1 site
Size
€88,648total assets 2025
Equity
€42,277
Profit
€41,277
Turnover not published (abridged schema)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts filed 26 days late0 of 1 deed read
Why 65- Founded in 2024- Size: total assets €88,648+ Liquidity: current ratio 1.42, cash €13,939+ Equity €42,277 (47.7% of total assets)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 59% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 73
equity 47.7% of total assets
Liquidity 43
short-term debt 52.3% · cash 15.7%
Profitability 100
return on assets 46.6%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 08-2025: 2.0% 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 2.4%▲ +0.4 percentage points vs 09-2025 11-2025: 2.5%▲ +0.1 percentage points vs 10-2025 12-2025: 2.8%▲ +0.3 percentage points vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 3.1%▲ +0.3 percentage points vs 01-2026 03-2026: 3.2%▲ +0.1 percentage points vs 02-2026 04-2026: 3.1%▼ -0.1 percentage points vs 03-2026 05-2026: 3.1%● unchanged vs 04-2026 06-2026: 3.3%▲ +0.2 percentage points vs 05-2026 07-2026: 3.4%▲ +0.1 percentage points vs 06-2026 08-2026: 3.5%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 1.4%▼ -2.1 percentage points vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.42; short-term debt: 52.3% and cash: 15.7% of total assets), and 52.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 52% on solvency, 33% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Founded in 2024
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Size: total assets €88,648
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.42, cash €13,939
NBB · annual accounts
lowers risk · Equity €42,277 (47.7% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 1 filing
Deviation from the deadline
2025
26 days late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Financials · fiscal year 2025, micro schema

Equity
€42,277
Total assets
€88,648
Net result
€41,277
Working capital
€19,532

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €88,648
Fixed assets €22,745
Current assets €65,903
Equity and liabilities €88,648
Equity €42,277
Debt €46,370
Debt finances 52.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€61,963
Cash flow
€48,207
Current ratio
1.42
Debt to equity
1.10
ROE
97.6%
ROA
46.6%
Interest coverage
360.33
Debt ≤ 1 year
€46,370
Income taxes
€15,640

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€88,648
Fixed assets21/28€22,745
Tangible fixed assets22/27€22,745
Furniture and vehicles24€22,745
Current assets29/58€65,903
Amounts receivable within one year40/41€51,964
Trade receivables40€49,027
Other amounts receivable41€2,937
Cash at bank and in hand54/58€13,939
Equity and liabilities
Total equity and liabilities10/49€88,648
Equity10/15€42,277
Contributions10/11€1,000
Profit (loss) carried forward14€41,277
Amounts payable17/49€46,370
Amounts payable within one year42/48€46,370
Trade debts44€30,727
Suppliers440/4€30,727
Taxes, remuneration and social security45€15,640
Taxes450/3€15,640
Other amounts payable47/48€3
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,929
Other operating charges640/8€1,652
Gross operating margin9900€63,616
Operating profit (loss)9901€55,034
Financial income75/76B€2,056
Recurring financial income75€2,056
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903€56,918
Income taxes67/77€15,640
Profit (loss) for the period9904€41,277
Profit (loss) for the period to be appropriated9905€41,277
Appropriation of the result
Profit (loss) to be appropriated9906€41,277

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,929
Other operating charges640/8€1,652
Gross operating margin9900€63,616
Operating profit (loss)9901€55,034
Financial income75/76B€2,056
Recurring financial income75€2,056
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903€56,918
Income taxes67/77€15,640
Profit (loss) for the period9904€41,277
Profit (loss) for the period to be appropriated9905€41,277
Line2025
Assets
Total assets20/58€88,648
Fixed assets21/28€22,745
Tangible fixed assets22/27€22,745
Furniture and vehicles24€22,745
Current assets29/58€65,903
Amounts receivable within one year40/41€51,964
Trade receivables40€49,027
Other amounts receivable41€2,937
Cash at bank and in hand54/58€13,939
Equity and liabilities
Total equity and liabilities10/49€88,648
Equity10/15€42,277
Contributions10/11€1,000
Profit (loss) carried forward14€41,277
Amounts payable17/49€46,370
Amounts payable within one year42/48€46,370
Trade debts44€30,727
Suppliers440/4€30,727
Taxes, remuneration and social security45€15,640
Taxes450/3€15,640
Other amounts payable47/48€3
Line2025
Profit (loss) for the period9904€41,277
+ Depreciation and write-downs630€6,929
Operating cash flow (approximation)€48,207

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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Similar companies · same sector, comparable size

Of 15,504 companies in this sector we hold annual accounts for 7,509. 6,040 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

W&E Construct was incorporated on 5 July 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded05-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011255286
Also 9925:BE1011255286

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 7 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
320 m²
Building footprint
204 m²
Volume, LiDAR
5,240 m³
Parcel 21618B0280/00T006, Brussels · tallest building 29.2 m, ±9 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
W&E Construct
Winston Churchilllaan 87, 1180 UkkelSite preparation
since 2024unit no. 2.361.598.721
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21618B0280/00T006 Brussels 320 m² 1 · 204 m² 29.2 m · 9 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.