Equity
€345,356 ▲ 421%
Equity rose in 2025 from €66,302 to €345,356.
WBL Engineering
Overview
Lifetime
2 annual accounts with figures on one time axispeak €66,808 (2024)
€2,896▼ 95.7%
peak €279,854 (2025)
€279,854▲ 437%
peak €345,356 (2025)
€345,356▲ 421%
€19,231▼ 94.4%
Board1 name since 2023
1 directorDE BROUWER Wouter Jozef Emiel
Documentsfilings and deeds
23-12-202539 days before the deadline
2025micro format
Gross margin from €66,808 to €2,896Result from €52,102 to €279,854Dividend €800Equity from €66,302 to €345,356Debts from €345,136 to €19,231Cash from €23,671 to €148,472
Key points
from the 2025 annual accountsLiquidity
19.23 was 0.39 in 2024
Short-term debts fell from €99,527 to €17,987.
Position in the sector
€279,854
Higher net result than 95% of companies in office administrative support. Sector median €16,210 · 9,687 companies.
Net result +437%: one-off income
Checked score
97
Excellent
Financially stronger than 78% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%highest value
01-2025: 0.3%▼ -0.5 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.2%▼ -0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: < 0.1%▼ -0.3 percentage points 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 05-2026
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 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Liquidity: current ratio 19.23, cash €148,472
Sector: Office administrative, office support and other business support activities (NACE 82)
Equity €345,356 (94.7% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 82, micro). It does better than 88% of them on solvency, 97% on liquidity, 31% on profitability and 97% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as WBL Engineering has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
The bankruptcy probability of WBL Engineering itself is lower: < 0.1% within 12 months. It rests on far more data about WBL Engineering than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 39,278 companies, not a prediction for WBL Engineering. 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
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 19.23 (0.39 in 2024), above the usual 1.5. Short-term debt is 4.9% and cash 40.7% of total assets. 5.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
39 days early
2024
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 43 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797969411
Incorporation
Founding capital of €15,000, 300 shares · Founder: DE BROUWER Wouter Jozef Emiel · Appointment: DE BROUWER Wouter Jozef Emiel (director) · published on 06-02-2023 · Gazette deed
First establishment
Braekenhaag 9, Lede
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WBL Engineering Lede | €364,587 | €2,896 | 94.7% | - |
| CHAMALLOW CONSULT Sint-Genesius-Rode | €232,385 | €2,680 | 80.0% | - |
| CALSTERHOEF Herselt | €483,787 | €2,213 | 5.4% | - |
| CDB Brussels | €582,465 | €3,667 | 29.1% | - |
| Verstappen MedTech Consulting Maaseik | €464,496 | €5,615 | 99.5% | - |
| STDS-Invest Temse | €238,740 | €1,953 | -11.6% | 0 |
| Aqua Republique Stekene | €202,786 | €6,512 | 94.9% | - |
These companies have the same main activity as WBL Engineering: other business support services (NACE 82990). They are comparable in size and age: total assets between €203,000 and €582,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 02-02-2023Normal situation
- Activity
- Other business support servicesNACE 82990
- Establishment unit
- 2.341.277.8159340 Lede, since 02-02-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 24-12-2025
Annual accounts to 30-06-2025
- €2,896▼ 95.7%
- ≈ €17,000estimated
- €279,854▲ 437%
- €345,356▲ 421%
- €364,587▼ 11.4%
- Filing
- Filed on 23-12-2025, 39 days before the end of the filing period
Insights on WBL Engineering
WBL Engineering has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €345,356 and a net result of €279,854, of which €218,766 non-recurring income.
Its solvency ranks better than 94% of 9,691 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-12-2025, 39 days before the deadline€2,896
▼ 95.7%
-€6,982
▼ €72,541
€279,854
▲ 437%
€327,876
▲ €388,977
94.7%
▲ 78.6 percentage points
19.23
▲ 18.84
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €17,000. Estimated: probably between €8,800 and €33,000.
Balance sheet
balance sheet total €364,587 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
94.7%
Higher than 94% of 9,691 companies in 2025.
19.23
Higher than 95% of 9,309 companies in 2025.
76.8%
Higher than 95% of 9,433 companies in 2025.
WBL Engineering
Middle half of the sector
80% of the sector
Micro accounts in office administrative support (NACE 82)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
364,587 | 411,438 | |
21/28 |
18,724 | 373,012 | |
22/27 |
18,724 | 27,012 | |
24 |
18,724 | 27,012 | |
28 |
- | 346,000 | |
29/58 |
345,863 | 38,426 | |
40/41 |
184,711 | 13,613 | |
40 |
15,569 | 13,613 | |
41 |
169,142 | - | |
50/53 |
11,999 | - | |
54/58 |
148,472 | 23,671 | |
490/1 |
681 | 1,142 | |
| Balance sheet: equity and liabilities | |||
10/49 |
364,587 | 411,438 | |
10/15 |
345,356 | 66,302 | |
10/11 |
15,000 | 15,000 | |
13 |
330,000 | 51,000 | |
133 |
330,000 | 51,000 | |
14 |
356 | 302 | |
17/49 |
19,231 | 345,136 | |
17 |
- | 241,151 | |
170/4 |
- | 192,838 | |
178/9 |
- | 48,313 | |
42/48 |
17,987 | 99,527 | |
42 |
- | 46,194 | |
44 |
484 | 130 | |
440/4 |
484 | 130 | |
45 |
15,600 | 27,882 | |
450/3 |
15,600 | 27,882 | |
47/48 |
1,903 | 25,321 | |
492/3 |
1,244 | 4,458 | |
| Income statement | |||
76A |
- | 2,250 | |
9900 |
2,896 | 66,808 | |
630 |
9,510 | 475 | |
640/8 |
367 | 773 | |
9901 |
-6,982 | 65,560 | |
75/76B |
304,393 | 13,274 | |
75 |
85,627 | 13,274 | |
76B |
218,766 | - | |
65/66B |
1,988 | 8,332 | |
65 |
1,988 | 8,332 | |
9903 |
295,423 | 70,502 | |
67/77 |
15,569 | 18,400 | |
9904 |
279,854 | 52,102 | |
9905 |
279,854 | 52,102 | |
| Appropriation of the result | |||
9906 |
280,156 | 52,102 | |
14P |
302 | - | |
691/2 |
279,000 | 51,000 | |
6921 |
279,000 | 51,000 | |
694/7 |
800 | 800 | |
694 |
800 | 800 | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 23-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2023, 1 entry, €201 awarded, €201 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 2,529 | 66,035 | ||
| 289,364 | 52,577 | ||
| 1,222 | 373,487 | ||
| 124,800 | - | ||
| 327,876 | -61,102 | ||
| 94.7% | 16.1% | ||
| 19.23 | 0.39 | ||
| 0.06 | 5.21 | ||
| 81.0% | 78.6% | ||
| 76.8% | 12.7% | ||
| 1.27 | 7.93 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | €1,222 | €27,487 |
| Financial fixed assets | - | €346,000 |
| €9,510 | €475 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on WBL Engineering
The operating result for 2025 is a loss of €6,982, after a profit of €65,560 in 2024.
Debt's share of the balance-sheet total falls from 83.9% to 5.3%. Equity is higher and debt is lower.
Large changes and their cause
- 2025 Net result +437% on 2024. The 2025 profit included a one-off income of €218,766.
Board & ownership
Board
1 director, since incorporationDirector
since 31-01-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 23-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 06-02-2023
Mandates through the years
1 name, the dashed line is todayDE BROUWER Wouter Jozef Emiel
Director
Director
Board
Mandates as a list
- DE BROUWER Wouter Jozef Emiel
- Director, from 31-01-2023 to date
Control
Founder
This company
WBL Engineering
Equity €345,356
Profit €279,854 in 2025
Capital
- Contribution
- €15,000
- Shares
- 300
- Contribution per share
- €50
- Equity per share
- €1,151 in 2025
- Source
- deed of 06-02-2023
Articles of association
deed of 06-02-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid indien meer dan één koper,ook bij weigering erfgenaam of legataris, elke overdracht…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Tuesday of December at 18:00
Shareholders
At incorporation
deed of 06-02-2023 ↗
- DE BROUWER Wouter Jozef Emiel 300 shares (100%) · €15,000
Network & group
Holdings
own accounts to 30-06-2024This companyWBL Engineering1 holding, 1 country
accounts to 30-06-2024
Belgium 1 Equity Result
- BE Stir22%no longer active €6,200 result €406,298
Source: list of holdings in its own 30-06-2024 accounts. Every holding stands with its own latest accounts.
At the same address
Braekenhaag 9, 9340 Lede · 2 other companies| Accountantskantoor De Brouwer
registered office since 26-10-1993 · founded in 1993 |
total assets €1.2m (2025) 0451.043.763 |
| FINNOVI
registered office since 08-12-2025 |
founded in 2025 1031.241.048 |
Holdings and subsidiaries
1 holdingHoldings 1
Share, source and own figures per holding (1)
- Equity €6,200 Profit of €406,298 in 2024 (profit of €425,229 in 2023)Sourceown accounts 30-06-202422%
Board mandates elsewhere
1 board mandateBoard mandates of WBL EngineeringWBL Engineering sits on their board1
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-01-2027
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0797969411
Annual accounts 2025 filed PDFmicro format · 39 days before the deadline
Liquidity more than 49 times current ratio 19.23 The current ratio rises from 0.39 to 19.23. Short-term debt falls from €99,527 to €17,987.
Equity above €200,000 equity €345,356 ▲421% With a profit in every financial year since 2024, equity grows to €345,356.
2024
Annual accounts 2024 filed PDFmicro format · 46 days before the deadline
2023
IncorporationFounding capital of €15,000, 300 shares · Founder: DE BROUWER Wouter Jozef Emiel · Appointment: DE BROUWER Wouter Jozef Emiel (director) · published on 06-02-20234 points ▸
- Founder, DE BROUWER Wouter Jozef Emiel
- Founding capital, €15,000, 300 shares
- Board rule, 1
- Director appointment, DE BROUWER Wouter Jozef Emiel
- The deed holds 2 more points.
First establishment Braekenhaag 9, Lede
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
WBL Engineering was incorporated on 2 February 2023 as a private limited company by one natural person, with a starting capital of €15,000.12 Since 2023, DE BROUWER Wouter Jozef Emiel has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.4
Company details
Identity
- Enterprise number
- 0797.969.411
- VAT number
- BE 0797.969.411
- Peppol ID
- 0208:0797969411
- Other Peppol ID
- 9925:BE0797969411
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-02-2023
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Tuesday of December at 18:00deed of 06-02-2023 (in Dutch)
- Peppol
- Reachable since 24-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- WBL Engineering in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-02-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- WBL Engineeringdeed of 06-02-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Braekenhaag 9, 9340 Lede”deed of 06-02-2023 (in Dutch)
Activities
NACEBEL 202582990
Other business support services main activity
Codes under NACEBEL 2008
82990
Other business support services main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van adviezen van financiële,technisch,commerciële of administratieve aard;in de ruimste zin,bijstand en consultingdiensten…”deed of 06-02-2023 (in Dutch)
26 activities
- Het verlenen van adviezen van financiële,technisch,commerciële of administratieve aard;in de ruimste zin,bijstand en consultingdiensten verlenen,rechtstreeks of onrechtstreeks op het vlak van operationele en commerciële organisatie van bedrijven en organisaties,optimalisatie en planning van bedrijven en organisaties,marketing,sales,corporate strategie,innovatie,productontwikkeling,business development,administratie,financiën,verkoop,productie,personeelsbeleid en algemeen bestuur.
- Het aanleveren van diensten,managementprestaties,arbeidsbemiddeling,het geven van adviezen,het maken van studies,het voorbereiden en op gang brengen van organisatiesystemen,het in toepassing brengen van systemen voor gegevensverwerking en alle technieken in verband met het technisch,administratief,economisch en algemeen beheer van ondernemingen.
- De uitwerking van projecten voor hieronder vermelde prestaties en dit voor alle types van gebouwen en steeds in de ruimste zin:
- 1.Technische studies ( elektrische studies,sanitair,“HVAC” ).
- 2.Opmaak van technische verslagen.
- 3.EPB-studies.
- 4.Opmaak van verslagen EPB-studies.
- 5.PHPP-studies en opmaak van PHPP-verslagen.
- 6.Energie studies.
- 7.Veiligheidscoördinatie.
- 8.Ventilatieverslaggeving.
- 9.Design.
- 10.Topografie.
- 11.Expertises.
- 12.Consulting.
- 13.Klimaatbeheersing,koeltechniek,sanering,gezondheid,milieu en akoestiek.
- 14.Hydrografisch onderzoek.
- 15.Onderzoek van bodemstructuur.
- 16.Industrieel en technisch onderzoek.
- Doorverkopen van diensten en goederen,functioneren als tussenpersoon.
- Het opnemen van bestuurdersmandaten in andere vennootschappen en VZW’s.
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken.
- Projectontwikkeling voor de nieuwbouw van appartementen of voor renovatiewerken.
- Het ontwikkelen,leiden,adviseren,organiseren,studie en ontwerp,projectmanagement,projectontwikkeling,kortom het verlenen van alle mogelijke diensten en het realiseren van alle mogelijke projecten,voor eigen rekening zowel voor rekening van derden,zowel inzake nieuwbouw,renovatie,sanering,als renovatie.
- Het verlenen van bijstand,advies,management en andere diensten aan bedrijven,privépersonen en instellingen.De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen en diensten verlenen die direct of indirect verband houden met het voorgaande.De diensten kunnen worden geleverd krachtens contractuele of statutaire benoeming en in hoedanigheid van externe raadgever of orgaan van de cliënt.
- Zij kan deze handelingen stellen in alle bedrijfssectoren-en industrieën,genres en disciplines.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Braekenhaag 9 registered office 9340 Lede | 02-02-2023 | 2.341.277.815 |
Buildings and parcels at the address
- Ground area
- 720 m²
- Buildings
- 146 m²
- Volume, LiDAR
- 850 m³
- Tallest building
- 8.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41034B0318/00H002 | 720 m² | 1 · 145 m² | 8.4 m · 2 |