W&S Projects
ActiveThe computed 12-month bankruptcy probability of W&S Projects is 9.3% (elevated). For W&S Projects, at least two filing cycles of the annual accounts are missing. 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 14% of 2058 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency32▼-29
Growth32=
Track record94
Bankruptcy probability, 12 months
9.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Age of the figures
Age of the figures
33 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline20-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-05-2024, 62 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
62 d early
2022
60 d early
2021
48 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€250▼ 94.0%
2022 · €4k
2021: €6k
2022: €4k
2021 → 2023
Total assets
€4k▼ 68.7%
2022 · €12k
2021: €13k
2022: €12k
2021 → 2023
Net result
€-4k▼ 79.9%
2022 · €-2k
2021: €2k
2022: €-2k
2021 → 2023
Working capital
€-1k
2022 · €3k
2021: €2k
2022: €3k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€6k-€4k▼ 34.3%€250▼ 94.0%
Operating result€4k-€-2k€-2k▼ 22.3%
Net result€2k-€-2k€-4k▼ 79.9%
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 stays negative: a loss of €2k in 2023 against €2k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4k
Fixed assets
€1k=
Current assets
€2k▼ 77.3%
Equity and liabilities €4k
Equity
€250▼ 94.0%
Debt
€3k▼ 54.3%
The debt ratio rises from 63.7% to 93.1%. Equity and debt are lower.
Key figures and ratios
Debt
€3k▼
2022 · €7k
Debt ≤ 1 year
€3k▼
2022 · €7k
Income taxes
€0▼
2022 · €440
Staff costs
€0▼
2022 · €1k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€12k€4k▼
Fixed assets21/28€1k€1k=
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€1k€1k=
Current assets29/58€10k€2k▼
Amounts receivable within one year40/41€10k€2k▼
Trade receivables40€8k€0▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€586€314▼
Deferred charges and accrued income490/1€61€89▲
Equity and liabilities
Total equity and liabilities10/49€12k€4k▼
Equity10/15€4k€250▼
Contributions10/11€4k€4k=
Reserves13€182€0▼
Distributable reserves133€182€0▼
Profit (loss) carried forward14-€-4k
Amounts payable17/49€7k€3k▼
Amounts payable within one year42/48€7k€3k▼
Trade debts44€649€2k▲
Suppliers440/4€649€2k▲
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€7k€2k▼
Remuneration and social security454/9€0-
Income statement
Code20222023
Remuneration, social security and pensions62€1k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€819€157▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€2k€774▼
Operating profit (loss)9901€-2k€-2k▼
Financial income75/76B€61€89▲
Recurring financial income75€61€89▲
Financial charges65/66B€126€2k▲
Recurring financial charges65€126€2k▲
Profit (loss) for the period before taxes9903€-2k€-4k▼
Income taxes67/77€440€0▼
Profit (loss) for the period9904€-2k€-4k▼
Profit (loss) for the period to be appropriated9905€-2k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-4k▼
Transfer from equity791/2€2k€182▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2021
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.
Calvijnstraat 231000 BrusselGround area
1,132 m²
Building footprint
462 m²
Volume, LiDAR
6,806 m³
Parcel 21806F0024/00P002, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
W&S Projects
since 20212.314.629.044
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0024/00P002 | Brussels | 1,132 m² | 1 · 462 m² | 17.9 m · 5 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.
Similar companies · same sector, comparable size
SLR Build
BE 0771.466.239
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DIFORTE RENOVATION
BE 0664.930.050
Colfontaine · Eq €247
DE WOLFABRIEK
BE 0669.634.451
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PHOENIX CONSTRUCTION
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NAMASTE
BE 0847.224.328
Thuin · Eq €263
Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 505 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.