W&S Projects
The computed 12-month bankruptcy probability of W&S Projects is 9.0% (elevated). The 2023 annual accounts show equity of €250 and a net result of €-4k. Equity is shrinking by ~73.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. Its solvency ranks better than 27% of 294 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €250 |
| Net result | €-4k |
| Better than sector | 27% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.9% | 22.9% | |
| Net result | €-4k | €12k | |
| Equity | €250 | €64k | |
| Gross operating margin | €774 | €85k | |
| Staff costs | €0 | €143k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-4k |
| Cash flow | - |
| Staff costs | €0 |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €4k |
| Equity | €250 |
| Debt | €3k |
| of which ≤ 1y | €3k |
| of which > 1y | - |
| Working capital | €-1k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.69 |
| Quick ratio | 0.69 |
| Working capital ratio | -28.5% |
| Solvency | 6.9% |
| Debt / equity | 13.41 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -109.3% |
| ROE | -1574.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4k |
| Fixed assets | 21/28 | €1k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €2k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €314 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4k |
| Equity | 10/15 | €250 |
| Contributions / capital | 10/11 | €4k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €-4k |
| Amounts payable | 17/49 | €3k |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €774 |
| Operating result | 9901 | €-2k |
| Financial income | 75 | €89 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-4k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-4k |
| Result to be appropriated | 9905 | €-4k |
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 17-03-2021 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0024/00P002 | Brussels | 1,132 m² | 1 · 462 m² | 17.9 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-07-2024 2 directors appointed, 1 resigning
- Mustafoski Kenan, Bestuurder
- Mustafoski Kenan, Dagelijks bestuur
- Neyens Sunny, Bestuurder
Technical details
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"notary": {
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"is_associated": false
},
"act_meta": {
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"pub_date": null,
"filing_date": "2024-06-24",
"act_kind_objet": "ONTSLAG - BENOEMING - ZETELVERPLAATSING"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
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],
"is_correction": false,
"subject_company": {
"kbo": "0765.283.775",
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"co_filed_documents": [
"Verslag BAV"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | W&S Projects |