WDS CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for WDS CONSTRUCT according to publications in the Belgian State Gazette; curator: JAN DE POORTER.
Summary
The 2025 annual accounts show equity of €67,131 and a net result of €15,900.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ghent division
- Declared bankrupt
- 19 May 2026
- Supervising judge
- Christophe Longueville
- Official Gazette
- 26-05-2026 (pdf) ↗search the document for 2026/122421
Curator
- Jan De PoorterLangerbruggestraat 70, 9940 Evergemjan.de.poorter@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
168 d late
2023
443 d late
2022
22 d late
2021
30 d late
2020
30 d late
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 103 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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 close26-09-2026 today31-10-2026 deadline
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€67,131▲ 31.0%
2024 · €51,232
Total assets
€228,497▲ 59.5%
2024 · €143,236
Net result
€15,900▼ 22.8%
2024 · €20,595
Working capital
€78,304▲ 53.9%
2024 · €50,871
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€55,872▲ 262%€27,195▼ 51.3%€8,936▼ 67.1%€30,054▲ 236%€20,686▼ 31.2%
Net result€51,683▲ 312%€18,479▼ 64.2%€5,070▼ 72.6%€20,595▲ 306%€15,900▼ 22.8%
Equity€7,088€25,567▲ 261%€30,637▲ 19.8%€51,232▲ 67.2%€67,131▲ 31.0%
Total assets€208,718▲ 19.1%€204,146▼ 2.2%€136,714▼ 33.0%€143,236▲ 4.8%€228,497▲ 59.5%
Debt€201,630▼ 8.3%€178,579▼ 11.4%€106,077▼ 40.6%€92,004▼ 13.3%€161,366▲ 75.4%
Working capital-€48,996▼ 7.9%-€21,297▲ 56.5%€23,221€50,871▲ 119%€78,304▲ 53.9%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228,497
Fixed assets
€13,188 ▼ 46.2%
Current assets
€215,309 ▲ 81.4%
Equity and liabilities €228,497
Equity
€67,131 ▲ 31.0%
Debt
€161,366 ▲ 75.4%
Debt's share of the balance-sheet total rises from 64.2% to 70.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32,027▼
2024 · €45,192
Cash flow
€27,241▼
2024 · €35,732
Current ratio
1.57▼
2024 · 1.75
Quick ratio
1.57▼
2024 · 1.74
Debt to equity
2.40▲
2024 · 1.80
ROE
23.7%▼
2024 · 40.2%
ROA
7.0%▼
2024 · 14.4%
Interest coverage
110.79▲
2024 · 31.22
Debt ≤ 1 year
€137,005▲
2024 · €67,836
Debt > 1 year
€21,125=
2024 · €21,125
Income taxes
€4,497▼
2024 · €8,016
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,293 | €17,336 | €16,576 | €15,137 | €11,341 | ▼ 25.1% |
| Other operating charges640/8 | - | €1,867 | €1,502 | €2,499 | €1,489 | ▼ 40.4% |
| Gross operating margin9900 | €80,858 | €46,398 | €27,014 | €47,691 | €33,516 | ▼ 29.7% |
| Operating profit (loss)9901 | €55,872 | €27,195 | €8,936 | €30,054 | €20,686 | ▼ 31.2% |
| Financial income75/76B | - | €41 | €0 | €4 | - | - |
| Recurring financial income75 | €0 | €41 | €0 | €4 | - | - |
| Financial charges65/66B | - | €2,357 | €2,235 | €1,448 | €289 | ▼ 80.0% |
| Recurring financial charges65 | €2,282 | €2,357 | €2,235 | €1,448 | €289 | ▼ 80.0% |
| Profit (loss) for the period before taxes9903 | €53,591 | €24,879 | €6,701 | €28,610 | €20,397 | ▼ 28.7% |
| Income taxes67/77 | €1,907 | €6,400 | €1,631 | €8,016 | €4,497 | ▼ 43.9% |
| Profit (loss) for the period9904 | €51,683 | €18,479 | €5,070 | €20,595 | €15,900 | ▼ 22.8% |
| Profit (loss) for the period to be appropriated9905 | €51,683 | €18,479 | €5,070 | €20,595 | €15,900 | ▼ 22.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €208,718 | €204,146 | €136,714 | €143,236 | €228,497 | ▲ 59.5% |
| Fixed assets21/28 | €72,335 | €56,243 | €39,667 | €24,529 | €13,188 | ▼ 46.2% |
| Tangible fixed assets22/27 | €72,065 | €55,973 | €39,397 | €24,259 | €12,918 | ▼ 46.8% |
| Land and buildings22 | - | €20,685 | €14,201 | €8,963 | €6,098 | ▼ 32.0% |
| Plant, machinery and equipment23 | - | €16,262 | €11,206 | €6,262 | €2,437 | ▼ 61.1% |
| Furniture and vehicles24 | - | €19,025 | €13,990 | €9,033 | €4,383 | ▼ 51.5% |
| Financial fixed assets28 | €270 | €270 | €270 | €270 | €270 | = |
| Current assets29/58 | €136,383 | €147,903 | €97,047 | €118,707 | €215,309 | ▲ 81.4% |
| Stocks and contracts in progress3 | €1,700 | €375 | €375 | €375 | €375 | = |
| Stocks30/36 | - | €375 | €375 | €375 | €375 | = |
| Amounts receivable within one year40/41 | €123,107 | €140,513 | €96,511 | €117,977 | €211,466 | ▲ 79.2% |
| Trade receivables40 | - | €140,511 | €95,641 | €113,334 | €210,260 | ▲ 85.5% |
| Other amounts receivable41 | - | €2 | €869 | €4,643 | €1,207 | ▼ 74.0% |
| Cash at bank and in hand54/58 | €9,864 | €5,094 | €88 | €281 | €3,395 | ▲ 1,108% |
| Deferred charges and accrued income490/1 | - | €1,921 | €73 | €73 | €73 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €208,718 | €204,146 | €136,714 | €143,236 | €228,497 | ▲ 59.5% |
| Equity10/15 | €7,088 | €25,567 | €30,637 | €51,232 | €67,131 | ▲ 31.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €6,860 | €6,860 | €12,037 | €32,632 | €48,531 | ▲ 48.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €5,000 | €10,177 | €30,772 | €46,671 | ▲ 51.7% |
| Profit (loss) carried forward14 | -€18,372 | €107 | - | - | - | - |
| Amounts payable17/49 | €201,630 | €178,579 | €106,077 | €92,004 | €161,366 | ▲ 75.4% |
| Amounts payable after more than one year17 | €16,251 | €9,379 | €32,250 | €21,125 | €21,125 | = |
| Financial debts170/4 | - | €9,379 | €32,250 | €21,125 | €21,125 | = |
| Amounts payable within one year42/48 | €185,379 | €169,200 | €73,827 | €67,836 | €137,005 | ▲ 102% |
| Current portion of amounts payable after more than one year42 | - | €22,505 | €19,061 | €11,125 | €11,125 | = |
| Financial debts43 | - | - | - | €216 | €2,500 | ▲ 1,060% |
| Credit institutions430/8 | - | - | - | €216 | €2,500 | ▲ 1,060% |
| Trade debts44 | €58,292 | €31,350 | €30,842 | €25,465 | €49,061 | ▲ 92.7% |
| Suppliers440/4 | - | €31,350 | €30,842 | €25,465 | €49,061 | ▲ 92.7% |
| Taxes, remuneration and social security45 | - | €6,801 | €10,243 | €31,029 | €54,199 | ▲ 74.7% |
| Taxes450/3 | - | €6,801 | €10,243 | €31,029 | €54,199 | ▲ 74.7% |
| Other amounts payable47/48 | - | €108,544 | €13,680 | - | €20,120 | - |
| Accrued charges and deferred income492/3 | - | - | - | €3,044 | €3,235 | ▲ 6.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,683 | €18,479 | €5,070 | €20,595 | €15,900 | ▼ 22.8% |
| + Depreciation and write-downs630 | €11,293 | €17,336 | €16,576 | €15,137 | €11,341 | ▼ 25.1% |
| Operating cash flow (approximation) | €62,976 | €35,815 | €21,646 | €35,732 | €27,241 | ▼ 23.8% |
| Investment in fixed assets (approximation) | - | -€1,244 | €0 | €0 | €0 | - |
| Change in cash | - | -€4,770 | -€5,006 | €193 | €3,114 | ▲ 1,516% |
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
26-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 19-05-2026
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 168 days late
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 443 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-03
Financial
Highest result since 2019net €51,683 ▲312%
Operating result €55,872, net result €51,683, both a record.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Lievegem
Ground area
903 m²
Building footprint
134 m²
Volume, LiDAR
756 m³
Parcel 44072E0022/00X000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072E0022/00X000 | Flanders | 903 m² | 1 · 134 m² | 8.2 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JAN DE POORTER LANGERBRUGGESTRAAT 70,
9940 EVERGEM |
19-05-2026 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-03-2010
Fiscal year end31-03
Scores and ratios are computed by Checked and are not a credit decision.