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WDB TECHNICS

Active
Private limited companyfounded 20179 yrs activeBruggestraat(STA) 8, 8840 Staden, BelgiumKBO/BCE: BE 0668.703.053

WDB TECHNICS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €86k and a net result of €61k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 20% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+3
Solvency50▼-26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.96 in 2023; short-term debt: 75.2% and cash: 87.4% of total assets), and 75.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 20783 sector peers (2024).
NBB · sector comparison
Position among 20783 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
20 d early
2023
12 d early
2022
11 d early
2021
34 d early
2020
32 d early
2019
28 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€86k▼ 44.7%
2023 · €155k
2018: €72k 2019: €104k 2020: €149k 2021: €60k 2022: €107k 2023: €155k
2018 → 2024
Total assets
€346k▲ 13.3%
2023 · €305k
2018: €139k 2019: €177k 2020: €206k 2021: €210k 2022: €261k 2023: €305k
2018 → 2024
Net result
€61k▲ 27.4%
2023 · €48k
2018: €36k 2019: €32k 2020: €45k 2021: €39k 2022: €47k 2023: €48k
2018 → 2024
Working capital
€79k▼ 45.7%
2023 · €145k
2018: €57k 2019: €83k 2020: €132k 2021: €49k 2022: €99k 2023: €145k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€149k-€60k▼ 59.5%€107k▲ 78.0%€155k▲ 44.5%€86k▼ 44.7%
Operating result€59k-€51k▼ 12.8%€59k▲ 15.0%€61k▲ 3.1%€77k▲ 26.3%
Net result€45k-€39k▼ 13.1%€47k▲ 20.1%€48k▲ 1.6%€61k▲ 27.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €59k€59kNet result 2020: €45k€45kOperating result 2021: €51k€51kNet result 2021: €39k€39kOperating result 2022: €59k€59kNet result 2022: €47k€47kOperating result 2023: €61k€61kNet result 2023: €48k€48kOperating result 2024: €77k€77kNet result 2024: €61k€61k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 26% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €346k
Fixed assets €7k▼ 29.2%
Current assets €339k▲ 14.8%
Equity and liabilities €346k
Equity €86k▼ 44.7%
Debt €260k▲ 73.1%
The debt ratio rises from 49.2% to 75.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€80k
2023 · €67k
Cash flow
€64k
2023 · €54k
Solvency
24.8%
2023 · 50.8%
Current ratio
1.30
2023 · 1.96
Quick ratio
1.30
2023 · 1.96
Debt / equity
3.03
2023 · 0.97
ROE
70.9%
2023 · 30.8%
ROA
17.6%
2023 · 15.6%
Interest coverage
1323.33
2023 · 270.96
Debt
€260k
2023 · €150k
Debt ≤ 1 year
€260k
2023 · €150k
Income taxes
€16k
2023 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€305k€346k
Fixed assets21/28€10k€7k
Tangible fixed assets22/27€10k€7k
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€6k€5k
Current assets29/58€295k€339k
Amounts receivable within one year40/41€36k€35k
Trade receivables40€36k€35k
Other amounts receivable41€210€0
Cash at bank and in hand54/58€254k€302k
Deferred charges and accrued income490/1€5k€1k
Equity and liabilities
Total equity and liabilities10/49€305k€346k
Equity10/15€155k€86k
Contributions10/11€19k€19k=
Reserves13€136k€67k
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€134k€67k
Profit (loss) carried forward14-€0
Amounts payable17/49€150k€260k
Amounts payable within one year42/48€150k€260k
Trade debts44€4k€4k
Suppliers440/4€4k€4k
Taxes, remuneration and social security45€7k€10k
Taxes450/3€7k€6k
Remuneration and social security454/9-€3k
Other amounts payable47/48€140k€247k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€3k
Other operating charges640/8€424€318
Gross operating margin9900€67k€80k
Operating profit (loss)9901€61k€77k
Financial income75/76B€1€10
Recurring financial income75€1€10
Financial charges65/66B€247€60
Recurring financial charges65€247€60
Profit (loss) for the period before taxes9903€61k€77k
Income taxes67/77€13k€16k
Profit (loss) for the period9904€48k€61k
Profit (loss) for the period to be appropriated9905€48k€61k
Appropriation of the result
Profit (loss) to be appropriated9906€48k€61k
Transfer from equity791/2-€69k
Transfer to equity691/2€48k€0
To other reserves6921€48k€0
Profit to be distributed694/7-€130k
Return on contributions (dividend)694-€130k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €61k ▲27.4%
Operating result €77k, net result €61k, both a record.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €150kEq €155k ▲44.5%
6 profitable years in a row build equity to €155k.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €100kEq €107k ▲78%
5 profitable years in a row build equity to €107k.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €32k ▼13.3%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €100kEq €104k ▲43.9%
2 profitable years in a row build equity to €104k.
05-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Staden · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Bruggestraat(STA) 88840 Staden
Ground area
877 m²
Building footprint
161 m²
Parcel 36019A1299/00A002, Flanders. Linked by address, not a title deed.
1 establishment unit
WDB Technics
Bruggestraat(STA) 8, 8840 StadenManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20172.260.193.337
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36019A1299/00A002 Flanders 877 m² 1 · 161 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

2023 · 1 entry · 296 EUR awarded · 296 EUR paid
Year Entries awardedpaid
2023 1 296 EUR296 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 296 EUR · 296 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 15,586 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-01-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
43211General electrical installation work
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95319Other maintenance and repair of motor vehicles
45402
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
47410Retail trade
47830Retail sale of motorcycles and motorcycle parts and accessories
47910Retail trade
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.