Equity
€99,377 ▲ 27.5%
WDN has made a profit without a break since 2022.
WDN
Lifetime
11 annual accounts with figures on one time axispeak €242,851 (2025)
€242,851▲ 3.1%
lowest -€4,782 (2019)
€21,405▲ 66.6%
peak €99,377 (2025)
€99,377▲ 27.5%
€316,263▲ 18.1%
peak 3 FTE (2018)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Result from €12,851 to €21,405Equity from €77,972 to €99,377Debts from €267,836 to €316,263
Key points
from the 2025 annual accountsTurnover
≈ €910,000 estimated
The micro format states no turnover.
Debts
€316,263 76% of the balance sheet
Financial debts 35%Suppliers 14%Taxes and wages 4%Other 46%
Of this, €156,773 falls due within a year.
Liquidity
1.18 was 0.70 in 2024
Short-term debts rose from €124,175 to €156,773.
Filings
11 annual accounts since 2015
Seven of the last ten came late. The 2020 accounts came latest: 90 days after the end of the period.
Position in the sector
€242,851
Higher gross margin than 92% of companies in specialised construction. Sector median €39,022 · 37,125 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as WDN has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,053 companies, not a prediction for WDN. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0505806894
Resignation: (director)
Reappointment: (director) · Director discharge: · General meeting of 13-10-2023 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Lierde
Incorporation
published on 02-12-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WDN Zottegem | €415,640 | €242,851 | 23.9% | - |
| DAVID S. Dendermonde | €384,616 | €238,009 | 32.7% | - |
| SCHRIJNWERKERIJ DLJ PERSYN DAVY Lochristi | €444,009 | €255,278 | 82.7% | - |
| Imavo+ Deinze | €411,109 | €213,532 | 40.9% | - |
| TT Interieur Merelbeke-Melle | €468,074 | €264,708 | 68.8% | - |
| Peferoen Benjamin Poperinge | €418,303 | €248,194 | 87.7% | - |
| CMO CONSULTING Knokke-Heist | €399,190 | €213,311 | 6.1% | - |
These companies have the same main activity as WDN: joinery installation (NACE 43320). They are comparable in size and age: total assets between €385,000 and €468,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 28-11-2014Normal situation
- Activity
- Joinery installationNACE 43320
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.239.019.4259620 Zottegem, since 28-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 23-11-2024
Insights on WDN
WDN files the micro format. That format states no turnover. The gross margin rose from €53,913 in 2015 to €242,851 in 2025.
The balance sheet grew most from 2017 to 2019 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 WDN
- What is the company number of WDN?
- The company number of WDN is 0505.806.894. The VAT number is the same number with BE in front: BE 0505.806.894.
- Where is WDN based?
- The registered office is at Bronstraat 5, 9620 Zottegem.Company details
- What does WDN do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of WDN?
- WDN is a private limited company (BV).
- When was WDN founded?
- WDN was founded on 28-11-2014.
- Is WDN still active?
- Yes, WDN is an active enterprise in the KBO register.
- How many employees does WDN have?
- WDN had an average of 2.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WDN fall under?
- In its 2025 annual accounts, WDN states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of WDN?
- The turnover in financial year 2025 is ≈ €910,000. This figure is estimated from the gross margin of €242,851 and 36 comparable companies (NACE 43320). It probably lies between €640,000 and €1.2m.
- Is WDN profitable?
- In financial year 2025, WDN made a profit of €21,405.
- Where can I find the annual accounts of WDN?
- WDN filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WDN due?
- WDN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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