WDC ENGINEERING
ActiveSummary
WDC ENGINEERING has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,779 and a net result of €17,157. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 9743 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-23
Solvency39▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.08 in 2024; short-term debt: 26.2% and cash: 0.1% of total assets), and 86.2% of the assets are financed with debt.
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Signals
Four 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.8%
Return on assets
1.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9743 sector peers (2025).
NBB · sector comparisonPosition among 9743 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
10 d early
2024
11 d early
2023
23 d early
2022
41 d early
2021
42 d early
2020
5 d early
2019
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 8 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€158,779▲ 12.1%
2024 · €141,622
Total assets
€1.2m▲ 1.9%
2024 · €1.1m
Net result
€17,157▼ 58.3%
2024 · €41,191
Working capital
-€261,413▲ 35.3%
2024 · -€404,149
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,633▲ 33.8%€26,020▼ 27.0%€114,645▲ 341%€70,102▼ 38.9%€55,772▼ 20.4%
Net result€21,545within the sector's middle half▲ 27.2%€11,815within the sector's middle half▼ 45.2%€79,971above the sector's middle half▲ 577%€41,191within the sector's middle half▼ 48.5%€17,157within the sector's middle half▼ 58.3%
Equity€58,141within the sector's middle half▲ 55.5%€20,460below the sector's middle half▼ 64.8%€100,431within the sector's middle half▲ 391%€141,622within the sector's middle half▲ 41.0%€158,779within the sector's middle half▲ 12.1%
Total assets€76,263within the sector's middle half▼ 64.3%€128,252within the sector's middle half▲ 68.2%€510,591above the sector's middle half▲ 298%€1.1mabove the sector's middle half▲ 122%€1.2mabove the sector's middle half▲ 1.9%
Debt€18,122▼ 89.7%€107,792▲ 495%€410,160▲ 281%€989,594▲ 141%€993,759▲ 0.4%
Working capital€41,192within the sector's middle half▲ 85.5%€17,253within the sector's middle half▼ 58.1%€43,487within the sector's middle half▲ 152%-€404,149below the sector's middle half-€261,413below the sector's middle half▲ 35.3%
Solvency76.2%above the sector's middle half▲ 58.7pp16.0%below the sector's middle half▼ 60.3pp19.7%below the sector's middle half▲ 3.7pp12.5%below the sector's middle half▼ 7.2pp13.8%below the sector's middle half▲ 1.3pp
Current ratio3.39within the sector's middle half▲ 1.701.21within the sector's middle half▼ 2.181.69within the sector's middle half▲ 0.480.08below the sector's middle half▼ 1.610.13below the sector's middle half▲ 0.05
Return on assets (ROA)28.3%above the sector's middle half▲ 20.3pp9.2%within the sector's middle half▼ 19.0pp15.7%within the sector's middle half▲ 6.5pp3.6%within the sector's middle half▼ 12.0pp1.5%below the sector's middle half▼ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.1m ▲ 1.4%
Current assets
€40,142 ▲ 15.9%
Equity and liabilities €1.2m
Equity
€158,779 ▲ 12.1%
Debt
€993,759 ▲ 0.4%
Debt's share of the balance-sheet total falls from 87.5% to 86.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€95,315▲
2024 · €74,619
Cash flow
€56,700▲
2024 · €45,708
Debt to equity
6.26▼
2024 · 6.99
ROE
10.8%▼
2024 · 29.1%
Interest coverage
2.96▼
2024 · 5.36
Debt ≤ 1 year
€301,555▼
2024 · €438,794
Debt > 1 year
€692,204▲
2024 · €550,799
Income taxes
€9,249▼
2024 · €15,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,105 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.0%
went bankrupt
0.9%
stopped otherwise
98%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,105 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,985 | €5,359 | €5,229 | €4,517 | €39,543 | ▲ 775% |
| Other operating charges640/8 | - | €2,518 | €4,982 | €1,888 | €3,777 | ▲ 100% |
| Non-recurring operating charges66A | - | €0 | €232 | €0 | - | - |
| Gross operating margin9900 | €45,781 | €33,897 | €125,089 | €76,507 | €99,093 | ▲ 29.5% |
| Operating profit (loss)9901 | €35,633 | €26,020 | €114,645 | €70,102 | €55,772 | ▼ 20.4% |
| Financial income75/76B | - | €934 | €2,143 | €5 | €2,821 | ▲ 54,048% |
| Recurring financial income75 | €329 | €934 | €2,143 | €5 | €2,821 | ▲ 54,048% |
| Financial charges65/66B | - | €6,047 | €11,566 | €13,916 | €32,187 | ▲ 131% |
| Recurring financial charges65 | €5,365 | €6,047 | €11,566 | €13,916 | €32,187 | ▲ 131% |
| Profit (loss) for the period before taxes9903 | €30,597 | €20,907 | €105,223 | €56,191 | €26,406 | ▼ 53.0% |
| Income taxes67/77 | €9,052 | €9,092 | €25,252 | €15,000 | €9,249 | ▼ 38.3% |
| Profit (loss) for the period9904 | €21,545 | €11,815 | €79,971 | €41,191 | €17,157 | ▼ 58.3% |
| Profit (loss) for the period to be appropriated9905 | €21,545 | €11,815 | €79,971 | €41,191 | €17,157 | ▼ 58.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76,263 | €128,252 | €510,591 | €1.1m | €1.2m | ▲ 1.9% |
| Fixed assets21/28 | €17,807 | €28,716 | €404,123 | €1.1m | €1.1m | ▲ 1.4% |
| Tangible fixed assets22/27 | €16,757 | €27,666 | €403,073 | €1.1m | €1.1m | ▲ 1.5% |
| Land and buildings22 | - | - | - | - | €1.1m | - |
| Furniture and vehicles24 | - | €12,180 | €16,549 | €20,262 | €15,332 | ▼ 24.3% |
| Assets under construction and advance payments27 | - | €15,486 | €386,524 | €1.1m | €0 | ▼ 100% |
| Financial fixed assets28 | €1,050 | €1,050 | €1,050 | €1,050 | €0 | ▼ 100% |
| Current assets29/58 | €58,456 | €99,536 | €106,468 | €34,645 | €40,142 | ▲ 15.9% |
| Stocks and contracts in progress3 | - | - | €4,253 | €0 | - | - |
| Stocks30/36 | - | - | €4,253 | €0 | - | - |
| Amounts receivable within one year40/41 | €54,223 | €73,438 | €55,377 | €32,845 | €38,744 | ▲ 18.0% |
| Trade receivables40 | - | €20,855 | €33,912 | €32,845 | €38,744 | ▲ 18.0% |
| Other amounts receivable41 | - | €52,583 | €21,464 | €0 | - | - |
| Cash at bank and in hand54/58 | €3,757 | €21,497 | €41,786 | €920 | €1,258 | ▲ 36.7% |
| Deferred charges and accrued income490/1 | - | €4,601 | €5,052 | €881 | €141 | ▼ 84.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76,263 | €128,252 | €510,591 | €1.1m | €1.2m | ▲ 1.9% |
| Equity10/15 | €58,141 | €20,460 | €100,431 | €141,622 | €158,779 | ▲ 12.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €39,541 | €1,860 | €81,831 | €123,022 | €140,179 | ▲ 13.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €0 | €79,971 | €123,022 | €140,179 | ▲ 13.9% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €18,122 | €107,792 | €410,160 | €989,594 | €993,759 | ▲ 0.4% |
| Amounts payable after more than one year17 | €0 | €25,509 | €347,090 | €550,799 | €692,204 | ▲ 25.7% |
| Financial debts170/4 | - | €25,509 | €347,090 | €550,799 | €692,204 | ▲ 25.7% |
| Amounts payable within one year42/48 | €17,264 | €82,283 | €62,981 | €438,794 | €301,555 | ▼ 31.3% |
| Current portion of amounts payable after more than one year42 | - | €0 | €1,476 | €1,545 | €66,024 | ▲ 4,173% |
| Trade debts44 | €1,395 | €8,379 | €8,422 | €145,031 | €12,674 | ▼ 91.3% |
| Suppliers440/4 | - | €8,379 | €8,422 | €145,031 | €12,674 | ▼ 91.3% |
| Taxes, remuneration and social security45 | - | €24,408 | €50,292 | €108,908 | €48,944 | ▼ 55.1% |
| Taxes450/3 | - | €24,408 | €50,292 | €108,908 | €48,944 | ▼ 55.1% |
| Other amounts payable47/48 | - | €49,496 | €2,791 | €183,309 | €173,913 | ▼ 5.1% |
| Accrued charges and deferred income492/3 | - | €0 | €89 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,545 | €11,815 | €79,971 | €41,191 | €17,157 | ▼ 58.3% |
| + Depreciation and write-downs630 | €4,985 | €5,359 | €5,229 | €4,517 | €39,543 | ▲ 775% |
| Operating cash flow (approximation) | €26,530 | €17,174 | €85,200 | €45,708 | €56,700 | ▲ 24.0% |
| Investment in fixed assets (approximation) | - | -€16,268 | -€380,636 | -€696,964 | -€55,369 | ▲ 92.1% |
| Change in cash | - | €17,740 | €20,290 | -€40,867 | €338 | ▲ 101% |
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
2026
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Equity above €150,000Eq €158,779 ▲12.1%
7 profitable years in a row build equity to €158,779.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €79,971 ▲577%
Operating result €114,645, net result €79,971, both a record.
30-06
Financial
Equity above €100,000Eq €100,431 ▲391%
5 profitable years in a row build equity to €100,431.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €11,815 ▼45.2%
Net result drops to €11,815, the lowest in the series; recovery starts the following year.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 3.39
Current ratio from 1.69 to 3.39; short-term debt falls from €32,183 to €17,264.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-01
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.
0 of 5 acts read
About the unread acts
We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wijnegem · 1 establishment unit since 2016
Ground area
1,457 m²
Building footprint
217 m²
Volume, LiDAR
2,713 m³
Parcel 11050B0321/00W002, Flanders · tallest building 20.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Rerum Novarumlaan 31, 2110 Wijnegem
since 20162.251.949.327
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0321/00W002 | Flanders | 1,457 m² | 1 · 217 m² | 20.9 m · 5 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.
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Of 11,567 companies in this sector we hold annual accounts for 6,567. 5,220 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded04-04-2016
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0651584731
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.