WDS CONSTRUCT

In bankruptcy Private limited company (pre-2019)founded 2010G. Gezellelaan 15, 9950 LievegemKBO/BCE: BE 0824.124.371

WDS CONSTRUCT

Follow Report

Overview

Information for creditors

Enterprise Court of Ghent, Ghent division · Official Gazette of 26-05-2026

Appeal or third-party opposition 10-06-2026Filing the claim in RegSol 18-06-2026First verification report 23-06-2026Late claim until 19-05-2027

Jan De Poortertrusteejan.de.poorter@advocaat.be

How to file a late claim

Steps, deadlines and articles of law

The procedure

Court: Enterprise Court of Ghent, Ghent division
Supervising judge: Christophe Longueville
Official Gazette: 26-05-2026search the document for 2026/122421

Deadlines

Provisional date payments stopped: 18 May 2026The trustee can in some cases challenge payments and security you received since that day. A later judgment can still change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition: passed on 10 June 2026art. XX.108, Code of Economic Law
Filing the claim in RegSol: passed on 18 June 2026art. XX.104 and XX.155, Code of Economic Law
First verification report: passed on 23 June 2026art. XX.104 and XX.194, Code of Economic Law
Late claim until: 19 May 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustee

Jan De PoorterLangerbruggestraat 70, 9940 Evergemjan.de.poorter@advocaat.be

Steps for a creditor

Stop delivering on credit unless the trustee agrees.
Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
The ordinary term has passed. File a late claim in RegSol (regsol.be) until 19 May 2027, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.

If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.

Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.

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Lifetime

15 annual accounts with figures on one time axis

peak €440,384 (2016)

€33,516▼ 29.7%

lowest -€61,789 (2015)

€15,900▼ 22.8%

peak €67,131 (2025)

€67,131▲ 31.0%

€161,366▲ 75.4%

peak 8.3 FTE (2016)

-not published

Board1 name since 2022

1 directorDe Sutter Wim

Documentsfilings and deeds

31-10-2025on the last day

2025micro format

Gross margin from €47,691 to €33,516Equity from €51,232 to €67,131Debts from €92,004 to €161,366Cash from €281 to €3,395

Key points

from the 2025 annual accounts, the last ones filed

Profit

7 years

7 profitable years in a row. Profit 2025: €15,900.

Debts

€161,366 ▲ 75.4%

Suppliers

+23,596

Taxes and wages

+23,170

Financial debts

+2,285

The rest

+20,311

Debts rose by €69,362 in 2025.

Filings

15 annual accounts since 2011

Nine of the last ten came late. The 2023 accounts came latest: 443 days after the end of the period.

No score

Board and ownership

De Sutter Wim

Director

Board & ownership

Recent changes

26-05-2026

Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 19-05-2026 · Bankruptcy

23-12-2025

Listed in the Peppol Directory

18-01-2023

Registered office moved from Assenede to Lievegem New registered office: Guido Gezellelaan 15 te 9950 Lievegem (Waarschoot) · Previous registered office: Vliet 22, 9961 Assenede (Boekhoute) · Gazette deed

19-03-2010

Incorporation 2 publications in the Belgian Official Gazette, the last on 18-01-2023 · published on 31-03-2010 · Gazette deed

All 23 events

Official details

Source: KBO

Status: In bankruptcydeclared bankrupt on 19-05-2026
Activity: No activity registered in the KBO
Joint committee: 124Construction · annual accounts 31-03-2022
Financial year end: 31 March
Peppol: Reachable since 23-12-2025

Company details

Annual accounts to 31-03-2025

: €33,516▼ 29.7%
: ≈ €140,000estimated
: €15,900▼ 22.8%
: €67,131▲ 31.0%
: €228,497▲ 59.5%
Filing: Filed on 31-10-2025

Financials

Insights on WDS CONSTRUCT

On 19 May 2026 the court declared WDS CONSTRUCT bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-10-2025, on the day of the deadline

€33,516

▼ 29.7%

€20,686

▼ 31.2%

€15,900

▼ 22.8%

€78,304

▲ 53.9%

29.4%

▼ 6.4 percentage points

1.57

▼ 0.18

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €140,000. Estimated: probably between €81,000 and €240,000.

Balance sheet

balance sheet total €228,497 on 31-03-2025

What the company ownsHow it is paid for

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Balance sheet: assets
`20/58`	228,497	143,236	136,714	204,146	208,718	175,187	210,326	486,411	563,667	463,498	479,173	412,383	437,644	293,748	249,776
`21/28`	13,188	24,529	39,667	56,243	72,335	41,813	48,527	236,772	222,441	202,719	262,666	249,689	248,044	136,432	160,838
`21`	-	-	-	-	-	-	-	-	0	0	1	1	1	1	1
`22/27`	12,918	24,259	39,397	55,973	72,065	41,543	47,747	235,992	221,161	201,948	261,902	248,924	247,280	136,432	160,838
`22`	6,098	8,963	14,201	20,685	27,214	30,476	37,950	43,581	46,513	37,828	43,416	22,875	9,495	10,240	11,520
`23`	2,437	6,262	11,206	16,262	21,721	10,641	8,652	66,213	38,699	88,610	117,873	105,443	126,754	71,644	86,576
`24`	4,383	9,033	13,990	19,025	23,130	426	1,145	126,197	135,949	75,511	100,613	120,606	111,031	54,548	62,741
`28`	270	270	270	270	270	270	780	780	1,280	770	764	764	764	-	-
`29/58`	215,309	118,707	97,047	147,903	136,383	133,374	161,799	249,639	341,226	260,780	216,507	162,694	189,600	157,316	88,937
`3`	375	375	375	375	1,700	9,200	17,800	92,200	162,600	155,750	98,100	22,150	22,725	24,550	15,750
`30/36`	375	375	375	375	1,700	4,200	9,800	10,200	8,600	5,250	6,600	1,250	975	1,250	1,250
`37`	-	-	-	-	-	5,000	8,000	82,000	154,000	150,500	91,500	20,900	21,750	23,300	14,500
`40/41`	211,466	117,977	96,511	140,513	123,107	119,439	133,004	139,457	156,211	97,000	101,915	86,486	152,368	121,902	49,526
`40`	210,260	113,334	95,641	140,511	120,121	116,753	126,193	128,842	129,887	90,009	92,120	68,651	129,878	114,570	36,751
`41`	1,207	4,643	869	2	2,986	2,685	6,812	10,616	26,324	6,992	9,795	17,835	22,490	7,331	12,775
`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,733
`54/58`	3,395	281	88	5,094	9,864	-	3,954	-	-	-	-	29,982	-	-	-
`490/1`	73	73	73	1,921	1,712	4,735	7,041	17,982	22,415	8,030	16,492	24,076	14,507	10,864	13,929
Balance sheet: equity and liabilities
`10/49`	228,497	143,236	136,714	204,146	208,718	175,187	210,326	486,411	563,667	463,498	479,173	412,383	437,644	293,748	249,776
`10/15`	67,131	51,232	30,637	25,567	7,088	-44,595	-57,130	-14,555	19,690	21,920	11,947	29,736	26,845	25,812	11,222
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200
`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,400
`12`	-	-	-	-	-	-	-	44,000	44,000	44,000	44,000	-	-	-	-
`13`	48,531	32,632	12,037	6,860	6,860	6,860	6,860	6,860	6,860	6,860	6,860	6,860	6,860	6,860	5,022
`130/1`	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-
`133`	46,671	30,772	10,177	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	3,162
`14`	-	-	-	107	-18,372	-70,055	-82,590	-84,015	-49,770	-47,540	-57,513	4,276	1,385	352	-
`17/49`	161,366	92,004	106,077	178,579	201,630	219,782	267,456	500,966	543,977	441,579	467,226	382,647	410,799	267,936	238,554
`17`	21,125	21,125	32,250	9,379	16,251	40,987	67,159	97,162	112,371	48,310	94,976	146,026	120,978	51,027	80,917
`170/4`	21,125	21,125	32,250	9,379	16,251	40,987	67,159	97,162	112,371	48,310	94,976	146,026	120,978	51,027	80,917
`42/48`	137,005	67,836	73,827	169,200	185,379	178,795	200,298	403,804	431,605	393,269	372,250	236,621	289,821	216,910	157,637
`42`	11,125	11,125	19,061	22,505	24,736	26,172	30,003	41,113	58,725	50,514	69,101	60,756	48,164	45,052	46,930
`43`	2,500	216	-	-	-	11,327	-	37,520	46,550	41,946	19,062	-	128,439	2,649	-
`430/8`	2,500	216	-	-	-	11,327	-	37,520	46,550	41,946	19,062	-	12,417	2,649	-
`439`	-	-	-	-	-	-	-	-	-	-	-	-	116,022	-	-
`44`	49,061	25,465	30,842	31,350	58,292	14,298	26,391	131,966	101,254	19,707	109,740	53,832	-	99,040	38,332
`440/4`	49,061	25,465	30,842	31,350	58,292	14,298	26,391	131,966	101,254	19,707	109,740	53,832	-	99,040	38,332
`45`	54,199	31,029	10,243	6,801	10	6	223	4,321	11,129	21,114	5,958	4,641	2,579	5,121	6,994
`450/3`	54,199	31,029	10,243	6,801	-	6	223	349	3,327	3,032	548	626	-	16	6,994
`454/9`	-	-	-	-	10	-	-	3,972	7,803	18,082	5,410	4,015	2,579	5,106	-
`47/48`	20,120	-	13,680	108,544	102,341	126,993	143,681	188,884	213,947	259,987	168,390	117,391	110,638	65,047	65,382
`492/3`	3,235	3,044	-	-	-	-	-	-	-	-	-	-	-	-	-
Income statement
`76A`	-	-	-	-	-	-	-	35,200	-	-	-	-	-	-	-
`9900`	33,516	47,691	27,014	46,398	80,858	28,734	81,938	182,962	357,270	440,384	287,912	378,889	271,612	246,668	204,153
`62`	-	-	-	-	-	-	38,404	184,656	250,733	352,791	234,955	260,588	203,386	187,020	150,153
`630`	11,341	15,137	16,576	17,336	11,293	12,616	10,984	19,020	93,389	66,279	97,533	87,525	56,730	48,342	38,768
`631/4`	-	-	-	-	-	-	1,400	-	-	-	-	12,433	-	-	-
`640/8`	1,489	2,499	1,502	1,867	13,693	702	23,989	6,826	9,042	4,214	4,420	5,638	2,178	2,920	1,889
`9901`	20,686	30,054	8,936	27,195	55,872	15,415	7,160	-27,541	4,106	17,100	-48,996	12,706	9,318	8,387	13,343
`75/76B`	-	4	0	41	0	62	207	548	363	23	23	55	9	474	21
`75`	-	4	0	41	0	62	207	548	363	23	23	55	9	474	21
`65/66B`	289	1,448	2,235	2,357	2,282	2,896	5,902	7,252	6,699	7,151	8,806	8,833	6,605	5,839	5,804
`65`	289	1,448	2,235	2,357	2,282	2,896	5,902	7,252	6,699	7,151	8,806	8,833	6,605	5,839	5,804
`9903`	20,397	28,610	6,701	24,879	53,591	12,581	1,466	-34,245	-2,230	9,973	-57,779	3,928	2,721	3,022	7,560
`67/77`	4,497	8,016	1,631	6,400	1,907	46	41	-	-	-	4,010	1,037	1,688	831	2,538
`9904`	15,900	20,595	5,070	18,479	51,683	12,535	1,424	-34,245	-2,230	9,973	-61,789	2,891	1,033	2,190	5,022
`9905`	15,900	20,595	5,070	18,479	51,683	12,535	1,424	-34,245	-2,230	9,973	-61,789	2,891	1,033	2,190	5,022
Appropriation of the result
`9906`	15,900	20,595	5,177	107	-18,372	-70,055	-82,590	-84,015	-49,770	-47,540	-57,513	4,276	1,385	2,190	5,022
`14P`	-	-	107	-18,372	-	-	-	-	-	-	-	-	-	-	-
`691/2`	15,900	20,595	5,177	-	-	-	-	-	-	-	-	-	-	1,838	5,022
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,838	1,860
`6921`	15,900	20,595	5,177	-	-	-	-	-	-	-	-	-	-	-	3,162
Social balance sheet
`9087`	-	-	-	-	-	-	0.7	4.1	3.9	8.3	5.3	5.8	4.4	4	4
Hours worked`1013`	-	-	-	-	-	-	967	5,368	5,400	12,528	7,264	8,096	6,216	6,248	3,392
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 31-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-03-2025	micro format	31-10-2025	2025-00556845	PDF
31-03-2024	micro format	17-04-2025	2025-00071090	PDF
31-03-2023	micro format	16-01-2025	2025-00007901	PDF
31-03-2022	micro format	22-11-2022	2022-20523344	PDF
31-03-2021	micro format	30-11-2021	2021-79200289	PDF
31-03-2020	micro format	30-11-2020	2020-74600164	PDF
31-03-2019	micro format	29-11-2019	2019-75400338	PDF
31-03-2018	micro format	30-11-2018	2018-73600316	PDF
31-03-2017	micro format	30-11-2017	2017-70800475	PDF
31-03-2016	abbreviated format	30-11-2016	2016-69300188	PDF
31-03-2015	abbreviated format	27-11-2015	2015-67700345	PDF
31-03-2014	abbreviated format	21-11-2014	2014-67400407	PDF
31-03-2013	abbreviated format	26-10-2013	2013-64100475	PDF
31-03-2012	abbreviated format	12-11-2012	2012-63600163	PDF
31-03-2011	abbreviated format	28-10-2011	2011-59500117	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
32,027	45,192	25,512	44,531	67,165	28,032	18,145	-8,521	97,495	83,379	48,537	100,230	66,048	56,729	52,111
27,241	35,732	21,646	35,815	62,976	25,151	12,409	-15,225	91,159	76,251	35,744	90,416	57,764	50,532	43,789
0	0	0	1,244	41,814	6,413	2,688	7,591	117,907	6,331	66,511	89,169	168,342	23,936	199,606
3,114	193	-5,006	-4,770	-	-	-	-	-	-	-	-	-	-	-
78,304	50,871	23,221	-21,297	-48,996	-45,422	-38,498	-154,165	-90,379	-132,489	-155,743	-73,926	-100,221	-59,594	-68,700
29.4%	35.8%	22.4%	12.5%	3.4%	-25.5%	-27.2%	-3.0%	3.5%	4.7%	2.5%	7.2%	6.1%	8.8%	4.5%
1.57	1.75	1.31	0.87	0.74	0.75	0.81	0.62	0.79	0.66	0.58	0.69	0.65	0.73	0.56
1.57	1.74	1.31	0.87	0.73	0.69	0.72	0.39	0.41	0.27	0.32	0.59	0.58	0.61	0.46
2.40	1.80	3.46	6.98	28.45	-	-	-	27.63	20.15	39.11	12.87	15.30	10.38	21.26
23.7%	40.2%	16.5%	72.3%	729.2%	-	-	-	-11.3%	45.5%	-517.2%	9.7%	3.8%	8.5%	44.7%
7.0%	14.4%	3.7%	9.1%	24.8%	7.2%	0.7%	-7.0%	-0.4%	2.2%	-12.9%	0.7%	0.2%	0.7%	2.0%
over 100	31.22	11.41	18.90	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Tangible fixed assets	-	-	-	€1,244
	€11,341	€15,137	€16,576	€17,336

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on WDS CONSTRUCT

The operating result for 2025 is 31% lower than in 2024.

Debt's share of the balance-sheet total rises from 64.2% to 70.6%. Equity and debt are higher.

Board & ownership

Curator

the curator has managed the company since 19-05-2026

Jan De Poorter

Curator, Langerbruggestraat 70, 9940 Evergem

Also on 120 other cases

Last board

1 director, last change in 2023

De Sutter Wim

Director

in office according to the deed of 18-01-2023

listed in the 2025 annual accounts, filed on 31-10-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

De Sutter Wim
Director

Boardmandate already running before its first mentionBankruptcy 19-05-2026

Mandates as a list

De Sutter Wim
- Director, from before 31-03-2022, until the bankruptcy of 19-05-2026

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €18,600
Source: 2025 annual accounts

Network & group

No group

WDS CONSTRUCT has no parent and no holdings in its annual accounts. De Sutter Wim is the only director. WDS CONSTRUCT shares no director with another company.

Timeline

23 events since 2010

Filings

Financial

Insolvency

Address

201020122014201620182020202220242026

2026

26-05-2026

Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 19-05-2026

2025

23-12-2025

Listed in the Peppol Directory

31-10-2025

Annual accounts 2025 filed PDFmicro format · on the deadline day

17-04-2025

Annual accounts 2024 filed PDFmicro format · 168 days late

16-01-2025

Annual accounts 2023 filed PDFmicro format · 443 days late

2023

18-01-2023

Registered office moved from Assenede to LievegemNew registered office: Guido Gezellelaan 15 te 9950 Lievegem (Waarschoot) · Previous registered office: Vliet 22, 9961 Assenede (Boekhoute)1 point ▸

Registered-office move, Guido Gezellelaan 15 te 9950 Lievegem (Waarschoot)

Open the deed in the Belgian Official Gazette

2022

22-11-2022

Annual accounts 2022 filed PDFmicro format · 22 days late

2021

30-11-2021

Annual accounts 2021 filed PDFmicro format · 30 days late

31-03-2021

Highest result from 2011 to 2025 net €51,683 ▲312% The operating result of €55,872 and the net result of €51,683 are both a record.

2020

30-11-2020

Annual accounts 2020 filed PDFmicro format · 30 days late

2019

29-11-2019

Annual accounts 2019 filed PDFmicro format · 29 days late

31-03-2019

Back to profit net €1,424 The net result is €1,424, after 2 loss-making years.

2018

30-11-2018

Annual accounts 2018 filed PDFmicro format · 30 days late

2017

30-11-2017

Annual accounts 2017 filed PDFmicro format · 30 days late

2016

30-11-2016

Annual accounts 2016 filed PDFabbreviated format · 30 days late

31-03-2016

Back to profit net €9,973 The net result is €9,973, after one loss-making year.

2015

27-11-2015

Annual accounts 2015 filed PDFabbreviated format · 27 days late

31-03-2015

Weakest financial year net -€61,789 The net result drops to -€61,789, the lowest from 2011 to 2025.

2014

21-11-2014

Annual accounts 2014 filed PDFabbreviated format · 21 days late

2013

26-10-2013

Annual accounts 2013 filed PDFabbreviated format · 5 days before the deadline

2012

12-11-2012

Annual accounts 2012 filed PDFabbreviated format · 12 days late

2011

28-10-2011

Annual accounts 2011 filed PDFabbreviated format · 3 days before the deadline

2010

19-03-2010

Incorporation PDF2 publications in the Belgian Official Gazette, the last on 18-01-2023 · published on 31-03-2010

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 19 March 2010, WDS CONSTRUCT was incorporated.¹ In 2023 the registered office moved to Lievegem.² Total assets went from €210,326 in 2019 to €228,497 in 2025.³ The company was declared bankrupt on 19 May 2026.⁴

Company details

Identity

Enterprise number: 0824.124.371
VAT number: BE 0824.124.371
Peppol ID: 0208:0824124371
Other Peppol ID: 9925:BE0824124371
Legal form: Private limited company (pre-2019)
Status: In bankruptcy, since 19-05-2026
Founded: 19-03-2010
Financial year: ends on 31 March
Peppol: Listed since 23-12-2025The listing only disappears when the Peppol service provider removes it.
Name: WDS CONSTRUCT in Dutch
Entity type: Legal entity

Activities

Joint committees annual accounts 31-03-2022

JC 124 Construction

Registered office and establishments

G. Gezellelaan 15 registered office 9950 Lievegem

1 former office

Vliet 22, 9961 Assenede (Boekhoute) until 01-01-2023 · deed of 18-01-2023

Buildings and parcels at the address

Ground area: 903 m²
Buildings: 134 m²
Volume, LiDAR: 756 m³
Tallest building: 8.2 m

Buildings to scale, each on its own parcel

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcel	Area	Buildings	Height / floors
44072E0022/00X000	903 m²	1 · 134 m²	8.2 m · 2

Overview

Information for creditors

The procedure

Deadlines

Trustee

Steps for a creditor

Lifetime

Key points

Profit

Debts

Filings

Board and ownership

Recent changes

Official details

Annual accounts to 31-03-2025

Insights on WDS CONSTRUCT

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on WDS CONSTRUCT

Board & ownership

Curator

Last board

Mandates through the years

Control

Capital

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro