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W.T.E.

Active Private limited company (pre-2019)founded 2012active for 14 yearsBrugsesteenweg 77, 8500 KortrijkKBO/BCE: BE 0844.151.903

Lifetime

14 annual accounts with figures on one time axis
peak €105,846 (2024)
€78,340▼ 26.0%
peak €57,889 (2024)
€45,082▼ 22.1%
peak €241,805 (2025)
€241,805▲ 19.3%
€80,836▼ 19.7%
Board1 name since 2012
1 director
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €105,846 to €78,340Dividend €6,000Equity from €202,722 to €241,805Debts from €100,665 to €80,836Cash from €7,152 to €22,458

Key points

from the 2025 annual accounts

Equity

€241,805 ▲ 19.3%

W.T.E. has made a profit in every financial year since 2012.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Position in the sector

€241,805

More equity than 84% of companies in architecture and engineering. Sector median €63,879 · 11,799 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as W.T.E. has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 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 34,693 companies, not a prediction for W.T.E.. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 24-02-2012
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0844151903
First establishment Brugsesteenweg 77, Kortrijk
Incorporation published on 13-03-2012 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
W.T.E. Kortrijk €322,641 €78,340 74.9% -
Pieter Vantieghem Zwevegem €337,142 €72,824 63.4% -
VHP PROJECTS Wingene €301,426 €70,685 58.3% -
PVA CONSULTING Wachtebeke €312,590 €83,044 96.7% -
PRODUCTION ENGINEERING & MANAGEMENT Forest €299,841 €73,429 85.4% -
EURONERGIES Braine-le-Comte €319,601 €78,101 53.5% -
IMMO 4 YOU Schilde €354,650 €80,055 27.0% -

These companies have the same main activity as W.T.E.: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €300,000 and €355,000, founded between 2010 and 2013.

Official details

Source: KBO
Status
Active since 24-02-2012Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
Establishment unit
2.208.100.1798500 Kortrijk, since 29-02-2012
Financial year end
31 December
Peppol
Reachable since 17-07-2024
Company details

Annual accounts 2025

€322,641▲ 6.3%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on W.T.E.

W.T.E. files the micro format. That format states no turnover. The gross margin rose from €8,406 in 2012 to €78,340 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about W.T.E.

What is the company number of W.T.E.?
The company number of W.T.E. is 0844.151.903. The VAT number is the same number with BE in front: BE 0844.151.903.
Where is W.T.E. based?
The registered office is at Brugsesteenweg 77, 8500 Kortrijk.Company details
What does W.T.E. do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of W.T.E.?
W.T.E. is a private limited company (pre-2019) (BVBA).
When was W.T.E. founded?
W.T.E. was founded on 24-02-2012.
Is W.T.E. still active?
Yes, W.T.E. is an active enterprise in the KBO register.
What is the turnover of W.T.E.?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €78,340 and 45 comparable companies (NACE 711). It probably lies between €130,000 and €230,000.Financials
Is W.T.E. profitable?
In financial year 2025, W.T.E. made a profit of €45,082.
Where can I find the annual accounts of W.T.E.?
W.T.E. filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of W.T.E. due?
W.T.E. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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