WD-Services
ActiveSummary
WD-Services has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €118k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency52▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.24 in 2024; short-term debt: 71.7% and cash: 70.3% of total assets), and 73.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
231 d late
2022
492 d late
2021
3 d late
2020
28 d late
2019
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▲ 10.3%
2024 · €54k
2019: €22klowest in 7 years
2020: €38k▲ +77.8% vs 2019
2021: €93k▲ +141% vs 2020highest in 7 years
2022: €42k▼ -55.2% vs 2021
2023: €42k▲ +0.3% vs 2022
2024: €54k▲ +28.4% vs 2023
2025: €59k▲ +10.3% vs 2024
2019 → 2025
Total assets
€222k▲ 2.4%
2024 · €217k
2019: €88klowest in 7 years
2020: €99k▲ +12.8% vs 2019
2021: €165k▲ +66.4% vs 2020
2022: €172k▲ +4.3% vs 2021
2023: €161k▼ -6.6% vs 2022
2024: €217k▲ +34.9% vs 2023
2025: €222k▲ +2.4% vs 2024highest in 7 years
2019 → 2025
Net result
€118k▲ 5.8%
2024 · €112k
2019: €24k
2020: €17k▼ -30.2% vs 2019lowest in 7 years
2021: €54k▲ +223% vs 2020
2022: €59k▲ +8.0% vs 2021
2023: €43k▼ -26.6% vs 2022
2024: €112k▲ +159% vs 2023
2025: €118k▲ +5.8% vs 2024highest in 7 years
2019 → 2025
Working capital
€38k▼ 0.9%
2024 · €38k
2019: €13k
2020: €33k▲ +153% vs 2019
2021: €74k▲ +127% vs 2020highest in 7 years
2022: €-948▼ -101% vs 2021lowest in 7 years
2023: €18k▲ +1962% vs 2022
2024: €38k▲ +116% vs 2023
2025: €38k▼ -0.9% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€42k▼ 55.2%€42k▲ 0.3%€54k▲ 28.4%€59k▲ 10.3%
2021: €93khighest in 5 years
2022: €42k▼ -55.2% vs 2021lowest in 5 years
2023: €42k▲ +0.3% vs 2022
2024: €54k▲ +28.4% vs 2023
2025: €59k▲ +10.3% vs 2024
Operating result€69k-€75k▲ 8.4%€56k▼ 25.1%€147k▲ 162%€158k▲ 7.2%
2021: €69k
2022: €75k▲ +8.4% vs 2021
2023: €56k▼ -25.1% vs 2022lowest in 5 years
2024: €147k▲ +162% vs 2023
2025: €158k▲ +7.2% vs 2024highest in 5 years
Net result€54k-€59k▲ 8.0%€43k▼ 26.6%€112k▲ 159%€118k▲ 5.8%
2021: €54k
2022: €59k▲ +8.0% vs 2021
2023: €43k▼ -26.6% vs 2022lowest in 5 years
2024: €112k▲ +159% vs 2023
2025: €118k▲ +5.8% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €222k
Fixed assets
€25k ▲ 11.7%
Current assets
€197k ▲ 1.4%
Equity and liabilities €222k
Equity
€59k ▲ 10.3%
Debt
€163k ▼ 0.1%
Debt's share of the balance-sheet total falls from 75.2% to 73.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€166k▲
2024 · €155k
Cash flow
€127k▲
2024 · €119k
Current ratio
1.24▼
2024 · 1.24
Debt to equity
2.75▼
2024 · 3.04
ROE
200.0%▼
2024 · 208.5%
ROA
53.3%▲
2024 · 51.6%
Interest coverage
1149.33▲
2024 · 753.10
Debt ≤ 1 year
€159k▲
2024 · €156k
Debt > 1 year
€870▼
2024 · €2k
Income taxes
€40k▲
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€217k€222k▲
Fixed assets21/28€22k€25k▲
Tangible fixed assets22/27€22k€25k▲
Land and buildings22-€7k
Plant, machinery and equipment23€98-
Furniture and vehicles24€10k€9k▼
Other tangible fixed assets26€12k€9k▼
Current assets29/58€194k€197k▲
Amounts receivable after more than one year29€19k€16k▼
Other amounts receivable291€19k€16k▼
Amounts receivable within one year40/41€74k€18k▼
Trade receivables40€63k€16k▼
Other amounts receivable41€11k€2k▼
Current investments50/53€7k€7k=
Cash at bank and in hand54/58€62k€156k▲
Deferred charges and accrued income490/1€32k-
Equity and liabilities
Total equity and liabilities10/49€217k€222k▲
Equity10/15€54k€59k▲
Contributions10/11€13k€13k=
Reserves13€40k€46k▲
Distributable reserves133€40k€46k▲
Amounts payable17/49€163k€163k▼
Amounts payable after more than one year17€2k€870▼
Financial debts170/4€2k€870▼
Amounts payable within one year42/48€156k€159k▲
Current portion of amounts payable after more than one year42€1k€1k▲
Trade debts44€226€158▼
Suppliers440/4€226€158▼
Taxes, remuneration and social security45€64k€33k▼
Taxes450/3€64k€33k▼
Other amounts payable47/48€90k€125k▲
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€833€2k▲
Gross operating margin9900€156k€168k▲
Operating profit (loss)9901€147k€158k▲
Financial income75/76B€236€112▼
Recurring financial income75€236€112▼
Financial charges65/66B€206€145▼
Recurring financial charges65€206€145▼
Profit (loss) for the period before taxes9903€147k€158k▲
Income taxes67/77€36k€40k▲
Profit (loss) for the period9904€112k€118k▲
Profit (loss) for the period to be appropriated9905€112k€118k▲
Appropriation of the result
Profit (loss) to be appropriated9906€112k€118k▲
Transfer from equity791/2-€13k
Transfer to equity691/2€12k€18k▲
To other reserves6921€12k€18k▲
Profit to be distributed694/7€100k€113k▲
Return on contributions (dividend)694€100k€113k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €19k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €19k | €20k | €7k | €8k | ▲ 14.0% |
| Other operating charges640/8 | - | €653 | €750 | €833 | €2k | ▲ 100% |
| Gross operating margin9900 | €84k | €95k | €96k | €156k | €168k | ▲ 8.1% |
| Operating profit (loss)9901 | €69k | €75k | €56k | €147k | €158k | ▲ 7.2% |
| Financial income75/76B | - | €49 | €78 | €236 | €112 | ▼ 52.5% |
| Recurring financial income75 | €79 | €49 | €78 | €236 | €112 | ▼ 52.5% |
| Financial charges65/66B | - | €746 | €220 | €206 | €145 | ▼ 29.5% |
| Recurring financial charges65 | €555 | €746 | €220 | €206 | €145 | ▼ 29.5% |
| Profit (loss) for the period before taxes9903 | €69k | €74k | €56k | €147k | €158k | ▲ 7.2% |
| Income taxes67/77 | €14k | €16k | €13k | €36k | €40k | ▲ 11.8% |
| Profit (loss) for the period9904 | €54k | €59k | €43k | €112k | €118k | ▲ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €54k | €59k | €43k | €112k | €118k | ▲ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €165k | €172k | €161k | €217k | €222k | ▲ 2.4% |
| Fixed assets21/28 | €41k | €47k | €30k | €22k | €25k | ▲ 11.7% |
| Tangible fixed assets22/27 | €41k | €47k | €30k | €22k | €25k | ▲ 11.7% |
| Land and buildings22 | - | €0 | - | - | €7k | - |
| Plant, machinery and equipment23 | - | €569 | €333 | €98 | - | - |
| Furniture and vehicles24 | - | €31k | €14k | €10k | €9k | ▼ 7.8% |
| Other tangible fixed assets26 | - | €16k | €16k | €12k | €9k | ▼ 26.7% |
| Current assets29/58 | €124k | €124k | €131k | €194k | €197k | ▲ 1.4% |
| Amounts receivable after more than one year29 | - | €16k | €16k | €19k | €16k | ▼ 14.6% |
| Other amounts receivable291 | - | €16k | €16k | €19k | €16k | ▼ 14.6% |
| Amounts receivable within one year40/41 | €36k | €17k | €33k | €74k | €18k | ▼ 76.1% |
| Trade receivables40 | - | €15k | €22k | €63k | €16k | ▼ 74.7% |
| Other amounts receivable41 | - | €1k | €11k | €11k | €2k | ▼ 83.9% |
| Current investments50/53 | - | €12k | €19k | €7k | €7k | = |
| Cash at bank and in hand54/58 | €46k | €79k | €61k | €62k | €156k | ▲ 151% |
| Deferred charges and accrued income490/1 | - | €645 | €2k | €32k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €165k | €172k | €161k | €217k | €222k | ▲ 2.4% |
| Equity10/15 | €93k | €42k | €42k | €54k | €59k | ▲ 10.3% |
| Contributions10/11 | - | €13k | €13k | €13k | €13k | = |
| Reserves13 | €90k | €28k | €28k | €40k | €46k | ▲ 13.7% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €28k | €28k | €40k | €46k | ▲ 13.7% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €72k | €130k | €119k | €163k | €163k | ▼ 0.1% |
| Amounts payable after more than one year17 | €22k | €5k | €3k | €2k | €870 | ▼ 59.8% |
| Financial debts170/4 | - | €5k | €3k | €2k | €870 | ▼ 59.8% |
| Amounts payable within one year42/48 | €50k | €125k | €113k | €156k | €159k | ▲ 1.9% |
| Current portion of amounts payable after more than one year42 | - | €1k | €1k | €1k | €1k | ▲ 1.2% |
| Trade debts44 | €16k | €3k | €24k | €226 | €158 | ▼ 30.1% |
| Suppliers440/4 | - | €3k | €24k | €226 | €158 | ▼ 30.1% |
| Taxes, remuneration and social security45 | - | €23k | €15k | €64k | €33k | ▼ 49.5% |
| Taxes450/3 | - | €8k | €13k | €64k | €33k | ▼ 49.5% |
| Remuneration and social security454/9 | - | €15k | €2k | - | - | - |
| Other amounts payable47/48 | - | €97k | €73k | €90k | €125k | ▲ 38.7% |
| Accrued charges and deferred income492/3 | - | €60 | €2k | €5k | €3k | ▼ 41.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54k | €59k | €43k | €112k | €118k | ▲ 5.8% |
| + Depreciation and write-downs630 | €15k | €19k | €20k | €7k | €8k | ▲ 14.0% |
| Operating cash flow (approximation) | €69k | €78k | €63k | €119k | €127k | ▲ 6.3% |
| Investment in fixed assets (approximation) | - | €-26k | €-3k | €260 | €-11k | ▼ 4,357% |
| Change in cash | - | €33k | €-18k | €2k | €94k | ▲ 5,720% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €118k ▲5.8%
Operating result €158k, net result €118k, both a record.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 231 days late
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 492 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
31-03
Financial
Weakest financial yearnet €17k ▼30.2%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2018
Ground area
1,509 m²
Building footprint
201 m²
Volume, LiDAR
879 m³
Parcel 44402A0331/00V000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WD-Services
since 20182.274.930.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44402A0331/00V000 | Flanders | 1,509 m² | 1 · 201 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 8,313 EUR awarded · 8,313 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 545 EUR | 545 EUR |
| 2023 | 1 | 5,549 EUR | 5,549 EUR |
| 2022 | 1 | 2,219 EUR | 2,219 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,448 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-04-2018
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.