W & K PROJECTS
ActiveSummary
W & K PROJECTS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €164,207 and a net result of €12,757. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+1
Solvency49▼-41
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 12.7 in 2023; short-term debt: 43% and cash: 0.4% of total assets), and 75.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 37948 sector peers (2024).
NBB · sector comparisonPosition among 37948 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
4 d early
2021
26 d early
2020
23 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€164,207▼ 65.6%
2023 · €477,512
Total assets
€670,382▼ 8.8%
2023 · €735,234
Net result
€12,757▲ 52.8%
2023 · €8,350
Working capital
€7,492▼ 97.6%
2023 · €316,117
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€43,703▼ 882%-€15,391▲ 64.8%€7,738€3,816▼ 50.7%€9,022▲ 136%
Net result€85,147▼ 50.3%-€10,676€12,631€8,350▼ 33.9%€12,757▲ 52.8%
Equity€590,766▲ 16.8%€580,090▼ 1.8%€469,162▼ 19.1%€477,512▲ 1.8%€164,207▼ 65.6%
Total assets€886,627▼ 0.2%€858,738▼ 3.1%€859,826▲ 0.1%€735,234▼ 14.5%€670,382▼ 8.8%
Debt€295,861▼ 22.7%€278,647▼ 5.8%€390,664▲ 40.2%€257,721▼ 34.0%€506,176▲ 96.4%
Working capital€359,111▲ 33.7%€408,883▲ 13.9%€302,943▼ 25.9%€316,117▲ 4.3%€7,492▼ 97.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 136% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €670,382
Fixed assets
€374,711 ▼ 4.4%
Current assets
€295,671 ▼ 13.8%
Equity and liabilities €670,382
Equity
€164,207 ▼ 65.6%
Debt
€506,176 ▲ 96.4%
Debt's share of the balance-sheet total rises from 35.1% to 75.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€26,400▲
2023 · €21,194
Cash flow
€30,135▲
2023 · €25,728
Current ratio
1.03▼
2023 · 12.70
Debt to equity
3.08▲
2023 · 0.54
ROE
7.8%▲
2023 · 1.7%
ROA
1.9%▲
2023 · 1.1%
Interest coverage
9.82▲
2023 · 7.54
Debt ≤ 1 year
€288,179▲
2023 · €27,027
Debt > 1 year
€217,996▼
2023 · €230,694
Income taxes
€1,276▲
2023 · €835
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,098 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
0.9%
stopped otherwise
98%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 4,098 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,372 | €24,246 | €17,414 | €17,378 | €17,378 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4,285 | €0 | - | - | - |
| Other operating charges640/8 | - | €9,084 | €3,475 | €3,741 | €3,837 | ▲ 2.6% |
| Gross operating margin9900 | -€4,933 | €22,223 | €28,627 | €24,935 | €30,237 | ▲ 21.3% |
| Operating profit (loss)9901 | -€43,703 | -€15,391 | €7,738 | €3,816 | €9,022 | ▲ 136% |
| Financial income75/76B | - | €8,085 | €9,102 | €8,181 | €7,698 | ▼ 5.9% |
| Recurring financial income75 | €25,418 | €8,085 | €9,102 | €8,181 | €7,698 | ▼ 5.9% |
| Financial charges65/66B | - | €3,370 | €2,945 | €2,811 | €2,687 | ▼ 4.4% |
| Recurring financial charges65 | €3,360 | €3,370 | €2,945 | €2,811 | €2,687 | ▼ 4.4% |
| Profit (loss) for the period before taxes9903 | €93,662 | -€10,676 | €13,895 | €9,185 | €14,033 | ▲ 52.8% |
| Income taxes67/77 | €8,515 | - | €1,263 | €835 | €1,276 | ▲ 52.8% |
| Profit (loss) for the period9904 | €85,147 | -€10,676 | €12,631 | €8,350 | €12,757 | ▲ 52.8% |
| Profit (loss) for the period to be appropriated9905 | €85,147 | -€10,676 | €12,631 | €8,350 | €12,757 | ▲ 52.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €886,627 | €858,738 | €859,826 | €735,234 | €670,382 | ▼ 8.8% |
| Fixed assets21/28 | €471,655 | €426,881 | €409,467 | €392,089 | €374,711 | ▼ 4.4% |
| Tangible fixed assets22/27 | €471,655 | €426,881 | €409,467 | €392,089 | €374,711 | ▼ 4.4% |
| Land and buildings22 | - | €426,881 | €409,467 | €392,089 | €374,711 | ▼ 4.4% |
| Current assets29/58 | €414,971 | €431,856 | €450,358 | €343,144 | €295,671 | ▼ 13.8% |
| Amounts receivable after more than one year29 | - | €365,000 | €365,000 | €250,000 | €250,000 | = |
| Other amounts receivable291 | - | €365,000 | €365,000 | €250,000 | €250,000 | = |
| Amounts receivable within one year40/41 | €28,169 | €24,853 | €37,930 | €49,516 | €0 | ▼ 100% |
| Trade receivables40 | - | - | €1,375 | €0 | - | - |
| Other amounts receivable41 | - | €24,853 | €36,555 | €49,516 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €4,830 | €17,731 | €15,653 | €5,687 | €2,725 | ▼ 52.1% |
| Deferred charges and accrued income490/1 | - | €24,272 | €31,775 | €37,942 | €42,946 | ▲ 13.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €886,627 | €858,738 | €859,826 | €735,234 | €670,382 | ▼ 8.8% |
| Equity10/15 | €590,766 | €580,090 | €469,162 | €477,512 | €164,207 | ▼ 65.6% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €570,766 | €560,090 | €449,162 | €457,512 | €144,207 | ▼ 68.5% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Distributable reserves133 | - | €558,090 | €447,162 | €455,512 | €144,207 | ▼ 68.3% |
| Profit (loss) carried forward14 | €15,996 | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €295,861 | €278,647 | €390,664 | €257,721 | €506,176 | ▲ 96.4% |
| Amounts payable after more than one year17 | €240,000 | €255,674 | €243,248 | €230,694 | €217,996 | ▼ 5.5% |
| Financial debts170/4 | - | €255,674 | €243,248 | €230,694 | €217,996 | ▼ 5.5% |
| Amounts payable within one year42/48 | €55,861 | €22,973 | €147,415 | €27,027 | €288,179 | ▲ 966% |
| Current portion of amounts payable after more than one year42 | - | €12,292 | €12,426 | €12,554 | €12,698 | ▲ 1.1% |
| Trade debts44 | €212 | €34 | €167 | €0 | €187 | - |
| Suppliers440/4 | - | €34 | €167 | €0 | €187 | - |
| Advances received on contracts in progress46 | - | €2,125 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €8,515 | €7,441 | €2,091 | €9,836 | ▲ 370% |
| Taxes450/3 | - | €8,515 | €7,441 | €2,091 | €9,836 | ▲ 370% |
| Other amounts payable47/48 | - | €8 | €127,382 | €12,382 | €265,458 | ▲ 2,044% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,147 | -€10,676 | €12,631 | €8,350 | €12,757 | ▲ 52.8% |
| + Depreciation and write-downs630 | €35,372 | €24,246 | €17,414 | €17,378 | €17,378 | = |
| Operating cash flow (approximation) | €120,519 | €13,570 | €30,045 | €25,728 | €30,135 | ▲ 17.1% |
| Investment in fixed assets (approximation) | - | €20,528 | €0 | €0 | €0 | - |
| Change in cash | - | €12,901 | -€2,078 | -€9,967 | -€2,962 | ▲ 70.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 12.70
Current ratio from 3.06 to 12.70; short-term debt falls from €147,415 to €27,027.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €12,631
Net result €12,631 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€10,676
Net result drops to -€10,676, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 18.80
Current ratio from 7.43 to 18.80; short-term debt falls from €55,861 to €22,973.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 7.43
Current ratio from 3.38 to 7.43; short-term debt falls from €112,946 to €55,861.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €171,264 ▲10.6%
Net result €171,264, the highest in the series.
Show earlier events
31-12
Financial
Liquidity triplescurrent ratio 3.38
Current ratio from 1.27 to 3.38; short-term debt falls from €277,789 to €112,946.
31-12
Financial
Equity above €500,000Eq €505,619 ▲51.2%
2 profitable years in a row build equity to €505,619.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Keerbergen · 1 establishment unit since 2010
Ground area
1,840 m²
Building footprint
303 m²
Volume, LiDAR
2,711 m³
Parcel 24472F0017/00Y000, Flanders · tallest building 19.8 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
W & K Projects
since 20102.194.133.961
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472F0017/00Y000 | Flanders | 1,840 m² | 1 · 303 m² | 19.8 m · 3 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,735 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0830908334
Also
9925:BE0830908334
Registered
17-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.