Skip to content

WDB Vloerwerken

Active
Private limited companyfounded 20178 yrs activePolderstraat 59, 9870 Zulte, BelgiumKBO/BCE: BE 0682.599.985

WDB Vloerwerken has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €103k and a net result of €22k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+4
Solvency100▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 16.2 against 2.13 in 2023; short-term debt: 5% and cash: 62.3% of total assets), and 5.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
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 16-06-2025, 45 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
45 d early
2023
44 d early
2022
45 d early
2021
102 d early
2020
44 d early
2019
45 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
€103k▲ 9.8%
2023 · €94k
2018: €32k 2019: €42k 2020: €64k 2021: €62k 2022: €86k 2023: €94k
2018 → 2024
Total assets
€110k▼ 32.0%
2023 · €161k
2018: €80k 2019: €94k 2020: €109k 2021: €128k 2022: €136k 2023: €161k
2018 → 2024
Net result
€22k▼ 17.8%
2023 · €26k
2018: €13k 2019: €10k 2020: €32k 2021: €30k 2022: €24k 2023: €26k
2018 → 2024
Working capital
€83k▲ 13.1%
2023 · €73k
2018: €18k 2019: €10k 2020: €19k 2021: €18k 2022: €54k 2023: €73k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€64k-€62k▼ 2.8%€86k▲ 39.6%€94k▲ 9.0%€103k▲ 9.8%
Operating result€43k-€46k▲ 6.4%€39k▼ 13.9%€43k▲ 8.8%€30k▼ 29.1%
Net result€32k-€30k▼ 5.6%€24k▼ 18.7%€26k▲ 7.7%€22k▼ 17.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2020: €43k€43kNet result 2020: €32k€32kOperating result 2021: €46k€46kNet result 2021: €30k€30kOperating result 2022: €39k€39kNet result 2022: €24k€24kOperating result 2023: €43k€43kNet result 2023: €26k€26kOperating result 2024: €30k€30kNet result 2024: €22k€22k20202021202220232024
The operating result falls in 2024; 2024 is 29% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €110k
Fixed assets €21k▼ 8.3%
Current assets €88k▼ 36.0%
Equity and liabilities €110k
Equity €103k▲ 9.8%
Debt €6k▼ 90.6%
The debt ratio falls from 41.6% to 5.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€35k
2023 · €53k
Cash flow
€26k
2023 · €37k
Solvency
94.2%
2023 · 58.4%
Current ratio
16.20
2023 · 2.13
Quick ratio
15.98
2023 · 2.11
Debt / equity
0.06
2023 · 0.71
ROE
21.0%
2023 · 28.0%
ROA
19.8%
2023 · 16.4%
Interest coverage
33.84
2023 · 21.00
Debt
€6k
2023 · €67k
Debt ≤ 1 year
€5k
2023 · €65k
Income taxes
€8k
2023 · €15k
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€161k€110k
Fixed assets21/28€23k€21k
Tangible fixed assets22/27€23k€21k
Land and buildings22€23k€19k
Plant, machinery and equipment23-€2k
Furniture and vehicles24€0-
Current assets29/58€138k€88k
Stocks and contracts in progress3€2k€1k
Stocks30/36€2k€1k
Amounts receivable within one year40/41€12k€18k
Trade receivables40€12k€13k
Other amounts receivable41€0€5k
Cash at bank and in hand54/58€123k€68k
Deferred charges and accrued income490/1€2k€689
Equity and liabilities
Total equity and liabilities10/49€161k€110k
Equity10/15€94k€103k
Contributions10/11€1€1=
Reserves13€94k€103k
Distributable reserves133€94k€103k
Profit (loss) carried forward14-€0
Amounts payable17/49€67k€6k
Amounts payable within one year42/48€65k€5k
Trade debts44€5k€450
Suppliers440/4€5k€450
Taxes, remuneration and social security45€3k€794
Taxes450/3€3k€794
Other amounts payable47/48€57k€4k
Accrued charges and deferred income492/3€2k€857
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€5k
Other operating charges640/8€583€614
Gross operating margin9900€54k€36k
Operating profit (loss)9901€43k€30k
Financial income75/76B€686€630
Recurring financial income75€686€630
Financial charges65/66B€3k€1k
Recurring financial charges65€3k€1k
Profit (loss) for the period before taxes9903€41k€30k
Income taxes67/77€15k€8k
Profit (loss) for the period9904€26k€22k
Profit (loss) for the period to be appropriated9905€26k€22k
Appropriation of the result
Profit (loss) to be appropriated9906€26k€22k
Transfer from equity791/2-€10k
Transfer to equity691/2€26k€19k
To other reserves6921€26k€19k
Profit to be distributed694/7-€13k
Return on contributions (dividend)694-€10k
Directors or managers695-€3k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 8current ratio 16.20
Current ratio from 2.13 to 16.20; short-term debt falls from €65k to €5k.
31-12
Financial Equity above €100kEq €103k ▲9.8%
7 profitable years in a row build equity to €103k.
17-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €32k ▲206%
Net result €32k, the highest in the series.
16-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €10k ▼20.7%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Zulte · 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.

Polderstraat 599870 Zulte
Ground area
542 m²
Building footprint
112 m²
Volume, LiDAR
799 m³
Parcel 44037B0065/00X000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WDB Vloerwerken
Polderstraat 59, 9870 ZulteConstruction of residential and non-residential buildings
since 20172.268.881.270
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44037B0065/00X000 Flanders 542 m² 1 · 112 m² 10.1 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 13,111 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-10-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43331Floor and wall tiling
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.