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WAW-CONSTRUCT

Active
Public limited companyfounded 2017active for 9 yearsVredestraat 53, 8790 Waregem, Belgium141 active companies are registered at this addressKBO/BCE: BE 0681.778.752

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WAW-CONSTRUCT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €224,940. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 59% of 5,786 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 26-09-2017 Normal situation
Legal form
Public limited company
Registered office
Vredestraat 53, 8790 Waregem
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.269.609.562 8790 Waregem, since 26-09-2017
Financial year end
31 December
Peppol
Reachable

Who decides

Board
  • 6 STONESDirector · since 17-05-2022 · permanent representative Katleen Spriet

How it is doing

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€63,326
▼ 99.9%
Operating revenue
€386,714
▼ 96.3%
Profit
€224,940
▼ 93.7%
Equity
€2.0m
▲ 12.4%
Total assets
€4.1m
▼ 6.7%
2025 accounts 43 days early
Filed on 18-06-2026at the National Bank
Why 95raises riskLiquidity: current ratio 1.67, cash €133,665lowers riskSize: turnover €63,326, total assets €4.1mFigures for financial year 2025 (filed 18-06-2026)Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Strong
Solvency 74+8
equity 49.4% of total assets
Liquidity 41+18
short-term debt 31.5% · cash 3.2%
Profitability 84=
return on assets 5.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,990 companies, NACE 68, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 0.92 in 2024, above the usual 1.5; short-term debt: 31.5% and cash: 3.2% of total assets), but 50.6% of the assets are financed with debt and provisions.
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 68, small): better than 67% on solvency, 35% on liquidity, 93% on profitability and 38% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €63,326, total assets €4.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.67, cash €133,665
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 18-06-2026)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
43 days early
2024
45 days early
2023
33 days early
2022
38 days early
2021
32 days early
2020
32 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, full format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
18-06-2026
Format
full format
Reference
2026-00184074

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€63,326▼ 99.9%
2024 · €59.8m
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€224,940▼ 93.7%
2024 · €3.6m
Working capital
€868,760
2024 · -€203,624
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 96% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€0.06m 2025 Operating result€0.2m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.05m-€7.3m€0▼ 100%€0.02m€0▼ 100%€59.8m€0.06m▼ 99.9%
Operating result-€0.005m-€0.01m€0.7m▲ 45×-€0.09m-€0.04m▲ 52.0%-€0.07m▼ 49.5%€4.7m€0.2m▼ 95.6%
Net result-€0.005m--€0.003m▲ 50.7%€0.5mabove the sector's middle half-€0.2mbelow the sector's middle half€0.06mwithin the sector's middle half€0.08mwithin the sector's middle half▲ 33.8%€3.6mabove the sector's middle half▲ 47×€0.2mabove the sector's middle half▼ 93.7%
Equity€0.2m-€0.8m▲ 412%€1.3mwithin the sector's middle half▲ 63.4%€1.1mwithin the sector's middle half▼ 13.0%€1.2mwithin the sector's middle half▲ 5.0%€1.3mwithin the sector's middle half▲ 6.4%€1.8mwithin the sector's middle half▲ 44.0%€2.0mwithin the sector's middle half▲ 12.4%
Total assets€4.7m-€7.3m▲ 56.6%€11.0mabove the sector's middle half▲ 51.5%€12.0mabove the sector's middle half▲ 8.4%€9.5mabove the sector's middle half▼ 20.3%€10.3mabove the sector's middle half▲ 8.3%€4.4mwithin the sector's middle half▼ 57.2%€4.1mwithin the sector's middle half▼ 6.7%
Debt€4.5m-€6.5m▲ 44.4%€9.7m▲ 50.0%€10.8m▲ 11.3%€8.4m▼ 22.9%€9.1m▲ 8.5%€2.6m▼ 71.2%€2.1m▼ 20.0%
Working capital€3.5m-€5.3m▲ 51.6%€5.2mabove the sector's middle half▼ 1.2%€1.9mabove the sector's middle half▼ 62.9%€1.2mabove the sector's middle half▼ 38.9%€1.3mabove the sector's middle half▲ 6.4%-€0.2mwithin the sector's middle half€0.9mwithin the sector's middle half
Solvency3.3%-10.9%▲ 7.5pp11.7%within the sector's middle half▲ 0.9pp9.4%within the sector's middle half▼ 2.3pp12.4%within the sector's middle half▲ 3.0pp12.2%within the sector's middle half▼ 0.2pp41.0%within the sector's middle half▲ 28.8pp49.4%within the sector's middle half▲ 8.4pp
Current ratio3.98-3.64▼ 0.341.90within the sector's middle half▼ 1.741.19within the sector's middle half▼ 0.701.14within the sector's middle half▼ 0.051.14within the sector's middle half=0.92within the sector's middle half▼ 0.221.67within the sector's middle half▲ 0.75
Return on assets (ROA)-0.1%-0.0%▲ 0.1pp4.5%above the sector's middle half▲ 4.6pp-1.4%below the sector's middle half▼ 6.0pp0.6%within the sector's middle half▲ 2.0pp0.7%within the sector's middle half▲ 0.1pp80.4%above the sector's middle half▲ 79.7pp5.5%above the sector's middle half▼ 74.9pp
Staff (FTE)0-
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.1m
Fixed assets €2.0m ▼ 3.1%
Current assets €2.2m ▼ 9.8%
Equity and liabilities €4.1m
Equity €2.0m ▲ 12.4%
Debt €2.1m ▼ 20.0%
Debt's share of the balance-sheet total falls from 59.0% to 50.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€266,567▼
2024 · €4.7m
Cash flow
€286,629▼
2024 · €3.6m
Quick ratio
0.76▲
2024 · 0.47
Debt to equity
1.03▼
2024 · 1.44
ROE
11.0%▼
2024 · 196.2%
Interest coverage
6.58▼
2024 · over 100
Debt ≤ 1 year
€1.3m▼
2024 · €2.6m
Debt > 1 year
€746,000
Income taxes
€81,950▼
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
2.7% stopped otherwise
96.7% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,782 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 against 2024 · 70 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 18-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€4.4m€4.1m▼
Fixed assets21/28€2.0m€2.0m▼
Tangible fixed assets22/27€2.0m€2.0m▼
Land and buildings22€2.0m€2.0m▼
Current assets29/58€2.4m€2.2m▼
Stocks and contracts in progress3€1.2m€1.2m▼
Stocks30/36€1.2m€1.2m▼
Property held for sale35€1.2m€1.2m▼
Amounts receivable within one year40/41€0.8m€0.8m▲
Trade receivables40€0.8m€0.8m▲
Other amounts receivable41€0.005m€0▼
Cash at bank and in hand54/58€0.1m€0.1m▲
Deferred charges and accrued income490/1€0.3m€0.04m▼
Equity and liabilities
Total equity and liabilities10/49€4.4m€4.1m▼
Equity10/15€1.8m€2.0m▲
Contributions10/11€0.8m€0.8m=
Capital10€0.8m€0.8m=
Issued capital100€0.8m€0.8m=
Reserves13€0.08m€0.08m=
Non-distributable reserves130/1€0.08m€0.08m=
Legal reserve130€0.08m€0.08m=
Profit (loss) carried forward14€0.9m€1.2m▲
Amounts payable17/49€2.6m€2.1m▼
Amounts payable after more than one year17-€0.7m
Financial debts170/4-€0.7m
Other loans174-€0.7m
Amounts payable within one year42/48€2.6m€1.3m▼
Current portion of amounts payable after more than one year42€0.3m€0▼
Financial debts43€0.6m€0▼
Credit institutions430/8€0.6m€0▼
Trade debts44€1.5m€1.0m▼
Suppliers440/4€1.5m€1.0m▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€0.3m€0.3m▲
Taxes450/3€0.3m€0.3m▲
Other amounts payable47/48-€0.002m
Accrued charges and deferred income492/3€0.001m€0.04m▲
Income statement Code20242025
Operating income70/76A€10.3m€0.4m▼
Turnover70€59.8m€0.06m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€51.6m-€0.01m▲
Own construction capitalised72€2.0m€0▼
Other operating income74€0.04m€0.3m▲
Non-recurring operating income76A€0-
Operating charges60/66A€5.6m€0.2m▼
Goods for resale, raw materials and consumables60€3.6m€0▼
Purchases600/8€3.6m€0▼
Services and other goods61€2.0m€0.07m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.06m▲
Other operating charges640/8€0.001m€0.05m▲
Operating profit (loss)9901€4.7m€0.2m▼
Financial income75/76B€0.06m€0.1m▲
Recurring financial income75€0.06m€0.1m▲
Income from financial fixed assets750€0.03m€0.07m▲
Income from current assets751€0.03m€0.07m▲
Other financial income752/9€0.001m€53▼
Financial charges65/66B€0.001m€0.04m▲
Recurring financial charges65€0.001m€0.04m▲
Debt charges650-€0.04m
Other financial charges652/9€0.001m€400▼
Profit (loss) for the period before taxes9903€4.8m€0.3m▼
Income taxes67/77€1.2m€0.08m▼
Taxes670/3€1.2m€0.08m▼
Profit (loss) for the period9904€3.6m€0.2m▼
Profit (loss) for the period to be appropriated9905€3.6m€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.0m€1.2m▼
Profit (loss) brought forward from the previous period14P€0.4m€0.9m▲
Transfer to equity691/2€0.05m€0▼
To the legal reserve6920€0.05m€0▼
Profit to be distributed694/7€3.0m€0▼
Return on contributions (dividend)694€3.0m€0▼

The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Operating income70/76A---€15.8m€10.9m€8.9m€10.3m€0.4m▼ 96.3%
Turnover70€0.05m-€7.3m€0€0.02m€0€59.8m€0.06m▼ 99.9%
Change in stocks of work in progress, finished goods and contracts in progress71---€15.8m€10.7m€8.8m-€51.6m-€0.01m▲ 100.0%
Own construction capitalised72------€2.0m€0▼ 100%
Other operating income74---€0.03m€0.2m€0.1m€0.04m€0.3m▲ 724%
Non-recurring operating income76A-----€0.008m€0--
Operating charges60/66A---€15.9m€10.9m€9.0m€5.6m€0.2m▼ 96.8%
Goods for resale, raw materials and consumables60---€15.9m€10.9m€8.9m€3.6m€0▼ 100%
Purchases600/8---€15.9m€10.9m€8.9m€3.6m€0▼ 100%
Services and other goods61---€0.02m€0.05m€0.04m€2.0m€0.07m▼ 96.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.002m€0----€0.02m€0.06m▲ 200%
Other operating charges640/8---€0.001m€0.004m€0.002m€0.001m€0.05m▲ 48×
Operating profit (loss)9901-€0.005m€0.01m€0.7m-€0.09m-€0.04m-€0.07m€4.7m€0.2m▼ 95.6%
Financial income75/76B---€11€0.1m€0.2m€0.06m€0.1m▲ 148%
Recurring financial income75€0€0€0.003m€11€0.05m€0.2m€0.06m€0.1m▲ 148%
Income from financial fixed assets750---€0--€0.03m€0.07m▲ 160%
Income from current assets751----€0.05m€0.1m€0.03m€0.07m▲ 144%
Other financial income752/9---€11€0€0.002m€0.001m€53▼ 94.4%
Non-recurring financial income76B----€0.05m€0---
Financial charges65/66B---€0.08m€0.002m€0.008m€0.001m€0.04m▲ 74×
Recurring financial charges65€200€0.02m€492€0.08m€0.002m€0.008m€0.001m€0.04m▲ 74×
Debt charges650€50€0.02m€330€0.08m€0--€0.04m-
Other financial charges652/9---€285€0.002m€0.008m€0.001m€400▼ 27.5%
Profit (loss) for the period before taxes9903-€0.005m-€0.003m€0.7m-€0.2m€0.06m€0.08m€4.8m€0.3m▼ 93.6%
Income taxes67/77€0-€0.2m€0--€1.2m€0.08m▼ 93.2%
Taxes670/3---€0--€1.2m€0.08m▼ 93.2%
Profit (loss) for the period9904-€0.005m-€0.003m€0.5m-€0.2m€0.06m€0.08m€3.6m€0.2m▼ 93.7%
Profit (loss) for the period to be appropriated9905-€0.005m-€0.003m€0.5m-€0.2m€0.06m€0.08m€3.6m€0.2m▼ 93.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€4.7m€7.3m€11.0m€12.0m€9.5m€10.3m€4.4m€4.1m▼ 6.7%
Formation expenses20€0--------
Fixed assets21/28------€2.0m€2.0m▼ 3.1%
Intangible fixed assets21€0--------
Tangible fixed assets22/27------€2.0m€2.0m▼ 3.1%
Land and buildings22------€2.0m€2.0m▼ 3.1%
Current assets29/58€4.7m€7.3m€11.0m€12.0m€9.5m€10.3m€2.4m€2.2m▼ 9.8%
Stocks and contracts in progress3€3.4m€4.0m€0€0€0€0€1.2m€1.2m▼ 0.4%
Stocks30/36------€1.2m€1.2m▼ 0.4%
Property held for sale35------€1.2m€1.2m▼ 0.4%
Amounts receivable within one year40/41€0.2m€0.9m€1.4m€2.3m€7.5m€6.9m€0.8m€0.8m▲ 3.3%
Trade receivables40---€2.3m€1.7m€2.4m€0.8m€0.8m▲ 3.9%
Other amounts receivable41---€0.001m€5.8m€4.5m€0.005m€0▼ 100%
Cash at bank and in hand54/58€0.7m€1.1m€8.1m€7.9m€0.007m€1.2m€0.1m€0.1m▲ 8.2%
Deferred charges and accrued income490/1---€1.7m€2.0m€2.2m€0.3m€0.04m▼ 87.6%
Equity and liabilities
Total equity and liabilities10/49€4.7m€7.3m€11.0m€12.0m€9.5m€10.3m€4.4m€4.1m▼ 6.7%
Equity10/15€0.2m€0.8m€1.3m€1.1m€1.2m€1.3m€1.8m€2.0m▲ 12.4%
Contributions10/11€0.2m€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m=
Capital10---€0.8m€0.8m€0.8m€0.8m€0.8m=
Issued capital100---€0.8m€0.8m€0.8m€0.8m€0.8m=
Reserves13--€0.02m€0.02m€0.03m€0.03m€0.08m€0.08m=
Non-distributable reserves130/1---€0.02m€0.03m€0.03m€0.08m€0.08m=
Legal reserve130---€0.02m€0.03m€0.03m€0.08m€0.08m=
Profit (loss) carried forward14-€0.005m-€0.008m€0.5m€0.3m€0.4m€0.4m€0.9m€1.2m▲ 24.2%
Amounts payable17/49€4.5m€6.5m€9.7m€10.8m€8.4m€9.1m€2.6m€2.1m▼ 20.0%
Amounts payable after more than one year17€3.3m€4.2m€3.5m€0.7m€0--€0.7m-
Financial debts170/4---€0.7m€0--€0.7m-
Other loans174---€0.7m€0--€0.7m-
Amounts payable within one year42/48€1.2m€2.0m€5.8m€10.0m€8.4m€9.1m€2.6m€1.3m▼ 50.1%
Current portion of amounts payable after more than one year42------€0.3m€0▼ 100%
Financial debts43------€0.6m€0▼ 100%
Credit institutions430/8------€0.6m€0▼ 100%
Trade debts44€1.2m€1.5m€3.4m€2.7m€3.2m€3.0m€1.5m€1.0m▼ 34.6%
Suppliers440/4---€2.7m€3.2m€3.0m€1.5m€1.0m▼ 34.6%
Advances received on contracts in progress46---€6.5m€5.1m€5.9m€0--
Taxes, remuneration and social security45---€0.8m€0€0.1m€0.3m€0.3m▲ 33.6%
Taxes450/3---€0.8m€0€0.1m€0.3m€0.3m▲ 33.6%
Other amounts payable47/48-------€0.002m-
Accrued charges and deferred income492/3---€0.1m€0.001m€0.001m€0.001m€0.04m▲ 52×
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.005m-€0.003m€0.5m-€0.2m€0.06m€0.08m€3.6m€0.2m▼ 93.7%
+ Depreciation and write-downs630€0.002m€0----€0.02m€0.06m▲ 200%
Operating cash flow (approximation)-€0.003m-€0.003m€0.5m-€0.2m€0.06m€0.08m€3.6m€0.3m▼ 92.0%
Investment in fixed assets (approximation)-------€0-
Change in cash-€0.3m€7.0m-€0.1m-€7.9m€1.2m-€1.0m€0.01m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2025 full format 18-06-2026 2026-00184074 NBB
31-12-2024 full format 16-06-2025 2025-00177285 PDF
31-12-2023 full format 28-06-2024 2024-00198499 PDF
31-12-2022 full format 23-06-2023 2023-00182953 PDF
31-12-2021 full format 29-06-2022 2022-20128907 PDF
31-12-2020 full format 29-06-2021 2021-30900386 PDF
31-12-2019 full format 16-07-2020 2020-31500481 PDF
31-12-2018 full format 27-06-2019 2019-28100039 PDF

Similar companies · same sector, comparable size

Of the 9,525 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,543. 2,955 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2022

Board 1

6 STONES
Director · since 17-05-2022 · Private limited company · permanent representative: Katleen Spriet · in the 2025 annual accounts, filed on 18-06-2026
Current

Permanent representatives 1

Katleen Spriet
Permanent representative · appointed in the act of 21-11-2022 · for 6 STONES
Current

Statutory auditor 1

Ernst et Young Reviseurs d'Entreprises
Statutory auditor · since 29-05-2024 · permanent representative: Wim Van Gasse · in the 2025 annual accounts, filed on 18-06-2026
Current

Mandate history

3 people, 2 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
6 STONES
  • Director, from 17-05-2022 to date
Ernst et Young Reviseurs d'Entreprises
  • Statutory auditor, appointed in the act of 23-12-2024, still in office
De Steenoven
  • Director, until 17-05-2022
See the board, name and registered office on a given date →

Owners and capital

Owners

3 owners

Group and network

Connections & network

31 connected companies
Depth
+31 companies via a shared corporate director +31via a sharedcorporate directorWAW-CONSTRUCT WAW-CONSTRU…0681.778.752
Shared directorsBundled connections
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ACCENT OFFICES
Shared corporate director
→
ARCHAEOPTERYX
Shared corporate director
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B&S WESTPOORT
Shared corporate director
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BE.WONEN
Shared corporate director
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BOUWBEDRIJF DECLAVER
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BUSINESS CENTER BRUGGE OOST
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De Molenaars
Shared corporate director
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De Paulientjes
Shared corporate director
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De Zeerob
Shared corporate director
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DGR CONSTRUCT
Shared corporate director
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DGR Offices
Shared corporate director
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Europe Promotions
Shared corporate director
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FELIX VERHAEGHE
Shared corporate director
→
FLANDERS FIELD BUSINESS PARK
Shared corporate director
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GEKO WOONWERELD
Shared corporate director
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IMMODESC
Shared corporate director
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Maria Construct
Shared corporate director
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Maria Land
Shared corporate director
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Orlando
Shared corporate director
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SDF Construct
Shared corporate director
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SJV CONSTRUCT
Shared corporate director
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SJV Landbank
Shared corporate director
→
SJV OTTER
Shared corporate director
→
SOENENS PROPERTY INVEST
Shared corporate director
→
Steenoven Development Fund
Shared corporate director
→
Steenoven Joint Venture
Shared corporate director
→
STO TERRA INVEST
Shared corporate director
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TUMBLEWEED
Shared corporate director
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Verde Construct
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VERDE REAL ESTATE
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History

WAW-CONSTRUCT was incorporated on 26 September 2017.1 Turnover grew from €52,149 in 2018 to €63,326 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filedNBB
financial year 2025 · full format
2025
31-12
Financial Equity above €2mequity €2.0m ▲12.4%
4 profitable years in a row build equity to €2.0m.
16-06
NBB filing Annual accounts filedPDF
financial year 2024 · full format
2024
31-12
Financial Highest result from 2018 to 2025net €3.6m ▲4,600%
Operating result €4.7m, net result €3.6m, both a record.
23-12
Gazette deed Reappointment: EY Bedrijfsrevisoren (statutory auditor)
2 facts ▸
  • General meeting, 29-05-2024
  • Auditor reappointment, EY Bedrijfsrevisoren (statutory auditor)

Open the act in the Belgian Official Gazette

28-06
NBB filing Annual accounts filedPDF
financial year 2023 · full format
2023
23-06
NBB filing Annual accounts filedPDF
financial year 2022 · full format
2022
31-12
Financial Back to profitnet €56,498
Net result €56,498 after one loss-making year.
21-11
Gazette deed Resignation: De Steenoven (director)
Permanent representatives: Katleen Spriet, Peter Temmerman and Johan Heemeryck · Appointment: 6 Stones (director)7 facts ▸
  • General meeting, 17-05-2022
  • Director resignation, De Steenoven (director)
  • Permanent representative, Katleen Spriet (2 times)
  • Director appointment, 6 Stones (director)
  • Director in office, Alheembouw (director)
  • Permanent representative, Peter Temmerman
  • Permanent representative, Johan Heemeryck

Open the act in the Belgian Official Gazette

29-06
NBB filing Annual accounts filedPDF
financial year 2021 · full format
2021
31-12
Financial Weakest financial yearnet -€168,526
Net result drops to -€168,526, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filedPDF
financial year 2020 · full format
Show earlier events
2020
31-12
Financial Back to profitnet €501,977
Net result €501,977 after 2 loss-making years.
31-12
Financial Equity above €1mequity €1.3m ▲63.4%
Equity rises from €792,003 to €1.3m.
16-07
NBB filing Annual accounts filedPDF
financial year 2019 · full format
2019
31-12
Financial Equity above €500,000equity €792,003 ▲412%
Equity rises from €154,642 to €792,003.
27-06
NBB filing Annual accounts filedPDF
financial year 2018 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name WAW-CONSTRUCT in Dutch
Enterprise number 0681.778.752
Legal form Public limited company
Status Active, normale toestand
Founded 26-09-2017
Type Legal entity

Where it is based

Registered office Vredestraat 53, 8790 Waregem, Belgium
Establishments 1 establishment unit since 2017

What it does

NACEBEL 2025
68121 Development of residential building projects main activity
68122 Development of non-residential building projects
82990 Other business support services

Invoicing and payment

VAT number BE 0681.778.752
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0681778752
Also 9925:BE0681778752

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

Register as of 31 October 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0681.778.752

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Environmental permits

5 applications in Flanders since 2018 · 5 granted
Bouwen of herbouwen; Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden
Granted on 26-05-2021submitted 21-04-2021authority: Waregemproject 2021059219
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Granted on 12-08-2020submitted 19-06-2020authority: Waregemproject 2020075961
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Granted on 19-08-2020submitted 05-06-2020authority: Waregemproject 2020053190
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Granted on 24-01-2019submitted 21-12-2018authority: Waregemproject 2018156442
Bouwen of herbouwen
Granted on 30-08-2018submitted 02-05-2018authority: Waregemproject 2018024339

Source: Omgevingsloket Vlaanderen.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
141 companies at this address See who is registered here
1 establishment unit
Vredestraat 53, 8790 Waregem
Development of residential building projects
since 2017unit no. 2.269.609.562

Buildings and parcels at the address

Ground area
1.1 ha
Building footprint
581 m²
Building volume
520 m³
Parcel 34452B1150/00A000, Flanders · tallest building 5.1 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34452B1150/00A000 Flanders 1.1 ha 1 · 581 m² 5.1 m