WDS PROCESS
ActiveSummary
WDS PROCESS has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,938 and a net result of €14,592. Equity has been growing by about 44% per year since 2023. Its solvency ranks better than 74% of 10,831 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-07-2022 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 4 others
- Establishment unit
- 2.334.291.934 1840 Londerzeel, since 26-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 24-10-2025
Board and ownership
- DE SMEDT WouterDirector
- DE SMEDT Wouterfounderdeed of 28-07-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €27,008
- ▼ 9.1%
- Turnover
- ≈ €70,000
- estimated
- Profit
- €14,592
- ▼ 20.6%
- Equity
- €63,938
- ▲ 29.6%
- Total assets
- €81,927
- ▲ 30.4%
- 2025 accounts filed 21 days after the deadline
Score breakdownlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 3.75, cash €52,525Equity €63,938 (78.0% of total assets)Size: total assets €81,927Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 86% on liquidity, 61% on profitability and 72% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 16 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 21 days after the deadline Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00412494.
Annual accounts 2025 filed on 21-08-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 16% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €16,130 | €4,850 | €4,179 |
| Depreciation and write-downs of the year | €2,806 | €3,430 | €4,477 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,806 | €3,430 | €4,477 | ▲ 30.5% |
| Other operating charges640/8 | €196 | €169 | €602 | ▲ 256% |
| Gross operating margin9900 | €37,917 | €29,728 | €27,008 | ▼ 9.1% |
| Operating profit (loss)9901 | €34,915 | €26,129 | €21,929 | ▼ 16.1% |
| Financial income75/76B | €198 | €51 | €2 | ▼ 96.1% |
| Recurring financial income75 | €198 | €51 | €2 | ▼ 96.1% |
| Financial charges65/66B | €1,852 | €2,585 | €2,283 | ▼ 11.7% |
| Recurring financial charges65 | €1,852 | €2,585 | €2,283 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €33,261 | €23,595 | €19,648 | ▼ 16.7% |
| Income taxes67/77 | €7,301 | €5,209 | €5,056 | ▼ 2.9% |
| Profit (loss) for the period9904 | €25,960 | €18,386 | €14,592 | ▼ 20.6% |
| Profit (loss) for the period to be appropriated9905 | €25,960 | €18,386 | €14,592 | ▼ 20.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €52,824 | €62,804 | €81,927 | ▲ 30.4% |
| Fixed assets21/28 | €13,324 | €14,744 | €14,446 | ▼ 2.0% |
| Tangible fixed assets22/27 | €13,324 | €14,744 | €14,446 | ▼ 2.0% |
| Land and buildings22 | €2,589 | €1,918 | - | - |
| Plant, machinery and equipment23 | - | - | €3,243 | - |
| Furniture and vehicles24 | €1,112 | €4,296 | €3,339 | ▼ 22.3% |
| Other tangible fixed assets26 | €9,623 | €8,530 | €7,864 | ▼ 7.8% |
| Current assets29/58 | €39,500 | €48,060 | €67,481 | ▲ 40.4% |
| Amounts receivable within one year40/41 | €11,909 | €12,523 | €14,688 | ▲ 17.3% |
| Trade receivables40 | €11,856 | €12,470 | €14,688 | ▲ 17.8% |
| Other amounts receivable41 | €53 | €53 | - | - |
| Cash at bank and in hand54/58 | €26,538 | €35,298 | €52,525 | ▲ 48.8% |
| Deferred charges and accrued income490/1 | €1,053 | €239 | €268 | ▲ 12.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €52,824 | €62,804 | €81,927 | ▲ 30.4% |
| Equity10/15 | €30,960 | €49,346 | €63,938 | ▲ 29.6% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | €5,000 | €5,000 | = |
| Issued capital100 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €25,000 | €43,000 | €58,000 | ▲ 34.9% |
| Distributable reserves133 | €25,000 | €43,000 | €58,000 | ▲ 34.9% |
| Profit (loss) carried forward14 | €960 | €1,346 | €938 | ▼ 30.3% |
| Amounts payable17/49 | €21,864 | €13,458 | €17,989 | ▲ 33.7% |
| Amounts payable within one year42/48 | €21,864 | €13,458 | €17,989 | ▲ 33.7% |
| Trade debts44 | €2,144 | €2,184 | €2,906 | ▲ 33.1% |
| Suppliers440/4 | €2,144 | €2,184 | €2,906 | ▲ 33.1% |
| Taxes, remuneration and social security45 | €15,731 | €11,274 | €14,966 | ▲ 32.7% |
| Taxes450/3 | €15,731 | €11,274 | €14,966 | ▲ 32.7% |
| Other amounts payable47/48 | €3,989 | - | €117 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,960 | €18,386 | €14,592 | ▼ 20.6% |
| + Depreciation and write-downs630 | €2,806 | €3,430 | €4,477 | ▲ 30.5% |
| Operating cash flow (approximation) | €28,766 | €21,816 | €19,069 | ▼ 12.6% |
| Investment in fixed assets (approximation) | - | -€4,850 | -€4,179 | ▲ 13.8% |
| Change in cash | - | €8,760 | €17,227 | ▲ 96.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as WDS PROCESS has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WDS PROCESS itself is lower: < 0.1% within 12 months. It rests on far more data about WDS PROCESS than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for WDS PROCESS. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- DE SMEDT Wouter sole founder · 100% at incorporation
Capital transactions
- 28-07-2022 Incorporation · €5,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 28-07-2022 (in Dutch)
Network & group
Companies at the same address
1 other companyConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Deeds, filings and financial milestones
03-08
Gazette deed
IncorporationAppointment: Wouter DE SMEDT (director)2 points ▸
- Incorporation, 20-07-2022
- Director appointment, Wouter DE SMEDT (director (not named in the articles))
- The deed holds 2 more points.
28-07
Gazette deed
IncorporationFounding capital of €5,000, 100 shares · Founder: DE SMEDT Wouter · Registered office clause: Haan 47, 1840 Londerzeel (Steenhuffel)4 points ▸
- Registered office clause, Haan 47, 1840 Londerzeel (Steenhuffel)
- Incorporation, 20-07-2022
- Founder, DE SMEDT Wouter
- Founding capital, €5,000, 100 shares
- The deed holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
34 activities
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen
- Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen
- De aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
- Zuiverheid van de eindproducten
- Continuiteit
- Efficiëntie
- Energie
- Grondstoffen
- Afvalstoffen
- Aantal
- Off-spec productie
- Ongeplande Stilstand
- Interventies
- Training van collega's tijdens het uitvoeren van bovenstaande taken zodat de rol van trainer de volgende keer— eventueel deels — overgenomen kan worden
- Selectie en aanwerven van collega's om op te leiden
- Opmaak van opleidingsmodules en instructies
- Het verlenen van bijstand,advies en leiding aan bedrijven,privé-personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis
- De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande
- Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt
- Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar zaakvoerder of elke andere derde vertegenwoordiger,die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap
- De algemene dienstverlening in diverse sectoren
- Het verzorgen van logistieke ondersteuning,marketingcommunicatie en merchandising
- Het uitoefenen van alle activiteiten in verband met internet,waaronder in het bijzonder het ontwerpen,opstellen,creëren,uitbaten,commercialiseren van website en het verlenen van internetaansluitingen zowel aan ondernemingen als aan particulieren
- Het uitoefenen van alle activiteiten en het verlenen van alle dienstverlening die verband houden met e-commerce,webshops en merchandising
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaar,het uitoefenen van opdrachten en functies
- Het uitvoeren van consultancyopdrachten,het verlenen van adviezen van financiële,technische,wetenschappelijke,commerciële of administratieve aard,in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen
- Bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur
- Het uitvoeren van alle activiteiten die contacten en/of communicatie voorbereiden,tot stand brengen,bevorderen of optimaal laten verlopen,vooral als die in verschillende talen en/of tussen diverse personen of instanties plaats hebben
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa
- Het verlenen van administratieve prestaties en computerservices
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in 't kort tussenpersoon in de handel
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23080D0043/00Y000 | Flanders | 522 m² | 1 · 154 m² | 8.2 m · 2 |