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WBP CONSTRUCT

Active
Private limited companyfounded 2021active for 4 yearsBedevaartweg 23, 8930 Menen, BelgiumKBO/BCE: BE 0776.985.242
Summary

The computed 12-month bankruptcy probability of WBP CONSTRUCT is 14.3% (high). The annual accounts of WBP CONSTRUCT for financial year 2024 show a net loss of 445% of total assets and of 83% of the equity at the start of that year. The 2024 annual accounts show equity of €698 and a net result of -€3,472. Equity has been shrinking by about 41% per year since 2022. If that trend continues, it turns negative around financial year 2025. Its solvency ranks better than 94% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Overview

Official details

Source: KBO
Status
Active since 09-11-2021 Normal situation
Activity
General construction of residential buildings NACE 41001and 1 other
Establishment unit
2.323.844.440 8930 Menen, since 09-11-2021
Financial year end
31 December
Peppol
Reachable since 29-05-2026

Board and ownership

Board
  • SALIKO sroDirector
Shareholders

Financial position

30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
14.3%
Annual accounts 2024
Gross margin
-€3,123
Loss
€3,472
Equity
€698
▼ 83.3%
Total assets
€780
▼ 85.0%
  • 2025 accounts not filed, 96 days past the deadline
Turnover not published (micro format)
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 25-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 113 days late; 1 of the last 3 accounts lateEx-officio strike-off in the KBOShow the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 50% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Strong
Solvency 100=
equity 89.5% of total assets
Liquidity 100+56
short-term debt 10.5% · cash 49.5%
Profitability 0-77
return on assets -445.4%
Bankruptcy probability within 12 months
14.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 3.8% 01-2025: 3.8%● unchanged vs 12-2024 02-2025: 4.0%▲ +0.2 percentage points vs 01-2025 03-2025: 3.9%▼ -0.1 percentage points vs 02-2025 04-2025: 4.0%▲ +0.1 percentage points vs 03-2025 05-2025: 4.0%● unchanged vs 04-2025 06-2025: 4.0%● unchanged vs 05-2025 07-2025: 3.6%▼ -0.4 percentage points vs 06-2025 08-2025: 4.1%▲ +0.5 percentage points vs 07-2025 09-2025: 4.2%▲ +0.1 percentage points vs 08-2025 10-2025: 4.8%▲ +0.6 percentage points vs 09-2025 11-2025: 4.8%● unchanged vs 10-2025 12-2025: 1.8%▼ -3.0 percentage points vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025lowest value 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 3.4%▲ +1.6 percentage points vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 3.6%▲ +0.2 percentage points vs 04-2026 06-2026: 7.2%▲ +3.6 percentage points vs 05-2026 07-2026: 7.5%▲ +0.3 percentage points vs 06-2026 08-2026: 9.1%▲ +1.6 percentage points vs 07-2026 09-2026: 9.6%▲ +0.5 percentage points vs 08-2026 10-2026: 14.3%▲ +4.7 percentage points vs 09-2026highest value 11-2026: 14.3%● unchanged vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
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 41, micro). It does better than 92% of them on solvency, 97% on liquidity, 5% on profitability and 6% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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

Seven signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 25-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 113 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 113 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
113 days late
2023
28 days late
2022
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 57 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Financials

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.

Annual accounts 2024 filed on 21-11-2025 PDF all 3 filings

Equity
€698▼ 83.3%
2023 · €4,170
Total assets
€780▼ 85.0%
2023 · €5,213
Net result
-€3,472
2023 · €328
Working capital
€343▼ 90.2%
2023 · €3,499
Multi-year overview
2022 to 2024, 3 financial years
Operating result
-€3,440
2024
20222024
Net result
-€3,472
2024
lowest quarter of the sector
20222024
Equity
€698
▼ 83.3% 2024
lowest quarter of the sector
20222024
Total assets
€780
▼ 85.0% 2024
lowest quarter of the sector
20222024
Debt
€82
▼ 92.1% 2024
20222024
Working capital
€343
▼ 90.2% 2024
lowest quarter of the sector
20222024
Solvency
no figure
2024
20222024
Current ratio
no figure
2024
20222024
Return on assets (ROA)
no figure
2024
20222024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result€4,834-€449▼ 90.7%-€3,440
Net result€3,842within the sector's middle half-€328within the sector's middle half▼ 91.5%-€3,472below the sector's middle half
Equity€3,842below the sector's middle half-€4,170below the sector's middle half▲ 8.5%€698below the sector's middle half▼ 83.3%
Total assets€8,477below the sector's middle half-€5,213below the sector's middle half▼ 38.5%€780below the sector's middle half▼ 85.0%
Debt€4,634-€1,043▼ 77.5%€82▼ 92.1%
Working capital€3,842within the sector's middle half-€3,499within the sector's middle half▼ 8.9%€343below the sector's middle half▼ 90.2%
Solvency45.3%within the sector's middle half-80.0%above the sector's middle half▲ 34.7pp
Current ratio1.83within the sector's middle half-4.36above the sector's middle half▲ 2.53
Return on assets (ROA)45.3%above the sector's middle half-6.3%within the sector's middle half▼ 39.0pp
above within below The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2024 is a loss of €3,440, after a profit of €449 in 2023. It is the lowest result since 2022.

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €780
Fixed assets €355 ▼ 47.2%
Current assets €425 ▼ 90.6%
Equity and liabilities €780
Equity €698 ▼ 83.3%
Debt €82 ▼ 92.1%
Debt's share of the balance-sheet total falls from 20.0% to 10.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€3,123▼
2023 · €728
Cash flow
-€3,156▼
2023 · €606
Interest coverage
-96.11▼
2023 · 9.19
Debt ≤ 1 year
€82▼
2023 · €1,043
The ratios are withheld because a balance sheet total of €780 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202220232024
Tangible fixed assets-€949-
Depreciation and write-downs of the year-€278€316

Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€5,213€780▼
Fixed assets21/28€671€355▼
Tangible fixed assets22/27€671€355▼
Plant, machinery and equipment23€671€355▼
Current assets29/58€4,541€425▼
Amounts receivable within one year40/41€4,540€39▼
Trade receivables40€2,930-
Other amounts receivable41€1,610€39▼
Cash at bank and in hand54/58€1€386▲
Equity and liabilities
Total equity and liabilities10/49€5,213€780▼
Equity10/15€4,170€698▼
Profit (loss) carried forward14€4,170€698▼
Amounts payable17/49€1,043€82▼
Amounts payable within one year42/48€1,043€82▼
Taxes, remuneration and social security45€1,043€82▼
Taxes450/3€1,043€82▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€278€316▲
Gross operating margin9900€728-€3,123▼
Operating profit (loss)9901€449-€3,440▼
Financial income75/76B€39-
Recurring financial income75€39-
Financial charges65/66B€79€33▼
Recurring financial charges65€79€33▼
Profit (loss) for the period before taxes9903€410-€3,472▼
Income taxes67/77€82-
Profit (loss) for the period9904€328-€3,472▼
Profit (loss) for the period to be appropriated9905€328-€3,472▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,170€698▼
Profit (loss) brought forward from the previous period14P€3,842€4,170▲

The notes to these accounts have 3 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 2024 (PDF), filed on 21-11-2025.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€278€316▲ 13.7%
Gross operating margin9900€4,834€728-€3,123-
Operating profit (loss)9901€4,834€449-€3,440-
Financial income75/76B€1€39--
Recurring financial income75€1€39--
Financial charges65/66B€31€79€33▼ 59.0%
Recurring financial charges65€31€79€33▼ 59.0%
Profit (loss) for the period before taxes9903€4,803€410-€3,472-
Income taxes67/77€961€82--
Profit (loss) for the period9904€3,842€328-€3,472-
Profit (loss) for the period to be appropriated9905€3,842€328-€3,472-
Line202220232024Change
Assets
Total assets20/58€8,477€5,213€780▼ 85.0%
Fixed assets21/28-€671€355▼ 47.2%
Tangible fixed assets22/27-€671€355▼ 47.2%
Plant, machinery and equipment23-€671€355▼ 47.2%
Current assets29/58€8,477€4,541€425▼ 90.6%
Amounts receivable within one year40/41€4,766€4,540€39▼ 99.1%
Trade receivables40€4,525€2,930--
Other amounts receivable41€241€1,610€39▼ 97.6%
Cash at bank and in hand54/58€3,711€1€386▲ 262×
Equity and liabilities
Total equity and liabilities10/49€8,477€5,213€780▼ 85.0%
Equity10/15€3,842€4,170€698▼ 83.3%
Profit (loss) carried forward14€3,842€4,170€698▼ 83.3%
Amounts payable17/49€4,634€1,043€82▼ 92.1%
Amounts payable within one year42/48€4,634€1,043€82▼ 92.1%
Trade debts44€1,900---
Suppliers440/4€1,900---
Taxes, remuneration and social security45€961€1,043€82▼ 92.1%
Taxes450/3€961€1,043€82▼ 92.1%
Other amounts payable47/48€1,774---
Line202220232024Change
Profit (loss) for the period9904€3,842€328-€3,472-
+ Depreciation and write-downs630-€278€316▲ 13.7%
Operating cash flow (approximation)€3,842€606-€3,156-
Investment in fixed assets (approximation)--€0-
Change in cash--€3,710€384-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 3,223 companies had the same profile as WBP CONSTRUCT has now. Two years later, 87.7% were still going and 3.4% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
87.7% was still going
8.7% stopped otherwise
3.4% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of WBP CONSTRUCT itself is higher: 14.3% within 12 months. It rests on far more data about WBP CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,446 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 3,223 companies, not a prediction for WBP CONSTRUCT. 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.

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2024 micro format 21-11-2025 2025-00570031 PDF
31-12-2023 micro format 28-08-2024 2024-00386323 PDF
31-12-2022 micro format 29-08-2023 2023-00368001 PDF

Board & ownership

Directors

Directors
1 director, last change in 2026
SALIKO sro
Director · appointed in the act of 12-05-2026 · Legal entity
Current

Owners and capital

Shareholders

1 owner

Chain of control

  1. SALIKO sro 100%
  2. WBP CONSTRUCT

Owners 1

Capital transactions

Shareholders according to the deeds
Stated in the act act of 12-05-2026 ↗

Mandate history

2 people, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
SALIKO sro
  • Director, appointed in the act of 12-05-2026, still in office
POPA Bogdan
  • Director, until 12-05-2026
See the board, name and registered office on a given date →

Network & group

Companies at the same address

3 other companies

Connections & network

Depth

The network starts from the shareholders of WBP CONSTRUCT. Every company they also own or run is a node.

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

Acts, filings and financial milestones

2026
12-05
Gazette deed Registered office moved from Kraainem to Rekkem
New seat: Bedevaartweg 23, 8930 Rekkem · Previous seat: Steenweg op Mechelen 455 bus1, 1950 Kraainem · Permanent representative: Thierry SENGIER7 points ▸
  • General meeting, 25-03-2026
  • Permanent representative, Thierry SENGIER, mentioned 2 times in the deed
  • SALIKO sro holds all the shares
  • Director resignation, Bogdan POPA (director)
  • Director discharge, Bogdan POPA (director)
  • Director appointment, SALIKO sro (director)
  • Registered-office move, Bedevaartweg 23, 8930 Rekkem

Open the act in the Belgian Official Gazette

23-02
KBO administration Address struck
2025
21-11
NBB filing Annual accounts 2024 filedPDF
micro format · 113 days late
2024
31-12
Financial Weakest financial yearnet -€3,472
The net result drops to -€3,472, the lowest from 2022 to 2024.
28-08
NBB filing Annual accounts 2023 filedPDF
micro format · 28 days late
2023
31-12
Financial Liquidity more than doubledcurrent ratio 4.36
The current ratio rises from 1.83 to 4.36. Short-term debt falls from €4,634 to €1,043.
29-08
NBB filing Annual accounts 2022 filedPDF
micro format · 29 days late
2021
12-11
Gazette deed IncorporationPDF
SignalFinancial 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

History

On 9 November 2021, WBP CONSTRUCT was incorporated as a private limited company.1 In 2026 the registered office moved to Rekkem.2 The company has filed 3 sets of annual accounts, the latest for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-05-2026
  3. 3National Bank, annual accounts 2024

Company details

Register details

Identity

KBO record
Name WBP CONSTRUCT in Dutch
Enterprise number 0776.985.242
Legal form Private limited company
Status Active, normale toestand
Founded 09-11-2021
Entity type Legal entity

Registered office and establishments

Registered office Bedevaartweg 23, 8930 Menen, Belgium
1 former office
  • Steenweg op Mechelen 455 bus1, 1950 Kraainem until 25-03-2026 · act of 12-05-2026
Establishment unit WBP CONSTRUCT, Bedevaartweg 23, 8930 Menen since 09-11-2021 · unit number 2.323.844.440

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
81210 General cleaning of buildings
Codes under NACEBEL 2008
41201 General construction of buildings main activity
81210 General cleaning of buildings

Invoicing and payment

VAT number BE 0776.985.242
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0776985242
Other Peppol ID 9925:BE0776985242
Registered 29-05-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 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. Use the enterprise number 0776.985.242

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
6,617 m²
Building footprint
333 m²
Building volume
1,511 m³
Cadastral parcel Region Area Buildings Height / floors
34032C0517/00D000 Flanders 6,617 m² 1 · 333 m² 8.9 m · 1