Summary
WDV Projects is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €149,331 and a net result of €41,378. Equity is growing by ~45.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 8074 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
27 d late
2024
92 d early
2023
26 d early
2022
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€149,331▲ 38.3%
2024 · €107,953
Net result
€41,378▲ 5.1%
2024 · €39,376
Total assets
€196,551▲ 23.6%
2024 · €158,996
Solvency
76.0%▲ 8.1pp
2024 · 67.9%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€35,940-€57,892▲ 61.1%€55,916▼ 3.4%€52,477▼ 6.2%
Net result€25,459within the sector's middle half-€40,619within the sector's middle half▲ 59.5%€39,376within the sector's middle half▼ 3.1%€41,378within the sector's middle half▲ 5.1%
Equity€27,959below the sector's middle half-€68,577within the sector's middle half▲ 145%€107,953within the sector's middle half▲ 57.4%€149,331within the sector's middle half▲ 38.3%
Total assets€44,677below the sector's middle half-€129,413within the sector's middle half▲ 190%€158,996within the sector's middle half▲ 22.9%€196,551within the sector's middle half▲ 23.6%
Debt€16,718-€60,837▲ 264%€51,043▼ 16.1%€47,220▼ 7.5%
Working capital€24,370-€42,866▲ 75.9%€86,346▲ 101%€132,643▲ 53.6%
Solvency62.6%within the sector's middle half-53.0%within the sector's middle half▼ 9.6pp67.9%within the sector's middle half▲ 14.9pp76.0%within the sector's middle half▲ 8.1pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196,551
Fixed assets
€28,356 ▼ 31.1%
Current assets
€168,195 ▲ 42.7%
Equity and liabilities €196,551
Equity
€149,331 ▲ 38.3%
Debt
€47,220 ▼ 7.5%
Debt's share of the balance-sheet total falls from 32.1% to 24.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
27.7%▼
2024 · 36.5%
ROA
21.1%▼
2024 · 24.8%
Debt ≤ 1 year
€35,552▲
2024 · €31,520
Debt > 1 year
€11,668▼
2024 · €19,523
Income taxes
€15,349▼
2024 · €15,768
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €691 | €7,315 | €12,654 | €12,774 | ▲ 0.9% |
| Other operating charges640/8 | - | €2,199 | €897 | €1,503 | ▲ 67.6% |
| Gross operating margin9900 | €36,631 | €67,406 | €69,466 | €66,754 | ▼ 3.9% |
| Operating profit (loss)9901 | €35,940 | €57,892 | €55,916 | €52,477 | ▼ 6.2% |
| Financial income75/76B | - | €19 | €569 | €5,351 | ▲ 840% |
| Recurring financial income75 | - | €19 | €569 | €5,351 | ▲ 840% |
| Financial charges65/66B | €57 | €930 | €1,341 | €1,101 | ▼ 17.9% |
| Recurring financial charges65 | €57 | €930 | €1,341 | €1,101 | ▼ 17.9% |
| Profit (loss) for the period before taxes9903 | €35,883 | €56,981 | €55,144 | €56,728 | ▲ 2.9% |
| Income taxes67/77 | €10,424 | €16,362 | €15,768 | €15,349 | ▼ 2.7% |
| Profit (loss) for the period9904 | €25,459 | €40,619 | €39,376 | €41,378 | ▲ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €25,459 | €40,619 | €39,376 | €41,378 | ▲ 5.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €44,677 | €129,413 | €158,996 | €196,551 | ▲ 23.6% |
| Fixed assets21/28 | €3,589 | €52,786 | €41,130 | €28,356 | ▼ 31.1% |
| Tangible fixed assets22/27 | €3,585 | €52,782 | €40,954 | €28,180 | ▼ 31.2% |
| Plant, machinery and equipment23 | €471 | €2,374 | €1,513 | €656 | ▼ 56.7% |
| Furniture and vehicles24 | €3,114 | €2,354 | €2,267 | €1,232 | ▼ 45.7% |
| Leasing and similar rights25 | - | €48,054 | €37,173 | €26,293 | ▼ 29.3% |
| Financial fixed assets28 | €4 | €4 | €176 | €176 | = |
| Current assets29/58 | €41,088 | €76,627 | €117,866 | €168,195 | ▲ 42.7% |
| Amounts receivable within one year40/41 | €32,484 | €36,325 | €35,943 | €33,065 | ▼ 8.0% |
| Trade receivables40 | €32,484 | €36,325 | €34,907 | €33,065 | ▼ 5.3% |
| Other amounts receivable41 | - | - | €1,036 | €0 | ▼ 100% |
| Current investments50/53 | - | - | €30,087 | €34,087 | ▲ 13.3% |
| Cash at bank and in hand54/58 | €8,604 | €38,827 | €50,351 | €100,204 | ▲ 99.0% |
| Deferred charges and accrued income490/1 | - | €1,476 | €1,485 | €839 | ▼ 43.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €44,677 | €129,413 | €158,996 | €196,551 | ▲ 23.6% |
| Equity10/15 | €27,959 | €68,577 | €107,953 | €149,331 | ▲ 38.3% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €25,459 | €66,077 | €105,453 | €146,831 | ▲ 39.2% |
| Distributable reserves133 | €25,459 | €66,077 | €105,453 | €146,831 | ▲ 39.2% |
| Amounts payable17/49 | €16,718 | €60,837 | €51,043 | €47,220 | ▼ 7.5% |
| Amounts payable after more than one year17 | - | €27,076 | €19,523 | €11,668 | ▼ 40.2% |
| Financial debts170/4 | - | €27,076 | €19,523 | €11,668 | ▼ 40.2% |
| Amounts payable within one year42/48 | €16,718 | €33,761 | €31,520 | €35,552 | ▲ 12.8% |
| Current portion of amounts payable after more than one year42 | - | €7,263 | €7,553 | €7,855 | ▲ 4.0% |
| Trade debts44 | €301 | €2,330 | €1,111 | €857 | ▼ 22.8% |
| Suppliers440/4 | €301 | €2,330 | €1,111 | €857 | ▼ 22.8% |
| Taxes, remuneration and social security45 | €15,465 | €23,614 | €22,856 | €26,292 | ▲ 15.0% |
| Taxes450/3 | €15,465 | €23,614 | €22,856 | €26,292 | ▲ 15.0% |
| Other amounts payable47/48 | €952 | €554 | - | €549 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,459 | €40,619 | €39,376 | €41,378 | ▲ 5.1% |
| + Depreciation and write-downs630 | €691 | €7,315 | €12,654 | €12,774 | ▲ 0.9% |
| Operating cash flow (approximation) | €26,150 | €47,934 | €52,030 | €54,152 | ▲ 4.1% |
| Investment in fixed assets (approximation) | - | -€56,512 | -€998 | €0 | ▲ 100% |
| Change in cash | - | €30,223 | €11,524 | €49,854 | ▲ 333% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2022net €41,378 ▲5.1%
Net result €41,378, the highest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €107,953 ▲57.4%
3 profitable years in a row build equity to €107,953.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Deinze · 1 establishment unit since 2022
Ground area
881 m²
Building footprint
113 m²
Volume, LiDAR
764 m³
Parcel 44006B0414/00Z000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WDV Projects
since 20222.327.305.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006B0414/00Z000 | Flanders | 881 m² | 1 · 112 m² | 8.3 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.
Similar companies · same sector, comparable size
BENEBUILD
BE 0833.920.480
Brugge · Eq €149,312
PENELESI
BE 0507.831.820
Antwerpen · Eq €149,382
COMAHA
BE 0544.405.174
Wevelgem · Eq €149,426
ALL FRESH
BE 0462.027.925
Ranst · Eq €149,435
RJ MANAGEMENT
BE 0898.004.719
Lier · Eq €149,221
Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,227 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0780886622
Registered
09-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.