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WD GRO

Active Private limited companyfounded 2013active for 13 yearsMoerestraat 188 A, 8470 GistelKBO/BCE: BE 0502.656.770

Lifetime

12 annual accounts with figures on one time axis
peak €224,958 (2024)
€204,438▼ 9.1%
lowest -€10,484 (2018)
€15,039▼ 55.8%
peak €149,980 (2024)
€144,019▼ 4.0%
€294,555▲ 51.1%
peak 2 FTE (2018)
-not published
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
01-04-202629 days before the deadline
2025micro format
Result from €34,060 to €15,039Dividend €21,000Debts from €194,886 to €294,555Investments €138,955

Key points

from the 2025 annual accounts

Equity

€144,019 ▼ 4.0%
149,9802024+15,039Profit-21,000Dividend144,0192025

WD GRO paid out €21,000 in dividends. That is 140% of the 2025 profit.

Turnover

≈ €840,000 estimated

The micro format states no turnover.

Debts

€294,555 ▲ 51.1%
Financial debts
+48,915
Other debts
+20,084
Suppliers
+10,872
The rest
+19,797

Debts rose by €99,668 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€138,955 2.8 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Filings

12 annual accounts since 2014
deadline201520202025

The last five annual accounts were filed 0 to 31 days before the end of the period.

Position in the sector

€204,438

Higher gross margin than 90% of companies in specialised construction. Sector median €39,318 · 35,116 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as WD GRO has now. Each dot stands for 28 companies, two years later.

95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

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 10,904 companies, not a prediction for WD GRO. 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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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0502656770
Amendment of the articles · Legal-form change · Resignations & appointments Change of role: , from statutory manager to statutory director · Appointment: (director) · General meeting of 07-12-2023 · Gazette deed
First establishment Moerestraat 188, Gistel
Incorporation published on 04-02-2013 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
WD GRO Gistel €447,975 €204,438 32.1% -
BOUWWERKEN PIETER NEELS Zedelgem €430,004 €213,614 17.9% 1.1
LEMEY TOM Dentergem €470,075 €175,828 69.7% -
JR BETON-TRANS Ypres €518,118 €174,170 40.0% 1.3
RABAEY DIRK BETONVLOEREN Veurne €522,273 €218,999 15.3% 1
ALL-IN BRUXELLES Brussels €439,512 €213,072 48.8% 0
BATI RENOVE PLUS Liège €436,853 €187,892 11.0% -

These companies have the same main activity as WD GRO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €430,000 and €522,000, founded between 2012 and 2014.

Official details

Source: KBO
Status
Active since 18-01-2013Normal situation
Activity
Other specialised construction activitiesNACE 43990and 4 others
Joint committee
124Construction · annual accounts 30-09-2024
Establishment unit
2.216.207.9938470 Gistel, since 22-01-2013
Financial year end
30 September
Peppol
Reachable since 23-12-2025
Company details

Annual accounts to 30-09-2025

€447,975▲ 27.0%
Employeeson 30-09-2025
2=
Filing
Filed on 01-04-2026, 29 days before the end of the filing period
Financials

Insights on WD GRO

WD GRO files the micro format. That format states no turnover. The gross margin rose from €85,115 in 2014 to €204,438 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets.

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 WD GRO

What is the company number of WD GRO?
The company number of WD GRO is 0502.656.770. The VAT number is the same number with BE in front: BE 0502.656.770.
Where is WD GRO based?
The registered office is at Moerestraat 188 A, 8470 Gistel.Company details
What does WD GRO do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of WD GRO?
WD GRO is a private limited company (BV).
When was WD GRO founded?
WD GRO was founded on 18-01-2013.
Is WD GRO still active?
Yes, WD GRO is an active enterprise in the KBO register.
How many employees does WD GRO have?
WD GRO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WD GRO fall under?
In its 30-09-2024 annual accounts, WD GRO states joint committee 124 (Construction).
What is the turnover of WD GRO?
The turnover in financial year 2025 is ≈ €840,000. This figure is estimated from the gross margin of €204,438 and 45 comparable companies (NACE 43990). It probably lies between €580,000 and €1.5m.
Is WD GRO profitable?
In financial year 2025, WD GRO made a profit of €15,039.
Where can I find the annual accounts of WD GRO?
WD GRO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WD GRO due?
WD GRO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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