Skip to content

WDV Projects

Active Risk: not assessed
Private limited companyfounded 2022active for 4 yearsdu Boisdreef 9, 9800 Deinze, BelgiumKBO/BCE: BE 0780.886.622
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 about 46% per year across the filed financial years. Its solvency ranks better than 74% of 9,737 sector peers (NACE 64, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00433085.

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

2022 to 2025, 4 financial years

The operating result has fallen two years in a row; 2025 is 6% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€52,477 2025 Net result€41,378 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial 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€24,370within the sector's middle half-€42,866within the sector's middle half▲ 75.9%€86,346within the sector's middle half▲ 101%€132,643within the sector's middle half▲ 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
Current ratio2.46within the sector's middle half-2.27within the sector's middle half▼ 0.193.74within the sector's middle half▲ 1.474.73above the sector's middle half▲ 0.99
Return on assets (ROA)57.0%above the sector's middle half-31.4%above the sector's middle half▼ 25.6pp24.8%within the sector's middle half▼ 6.6pp21.1%within the sector's middle half▼ 3.7pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
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
2025 value · change against 2024
ROE
27.7%▼
2024 · 36.5%
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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€158,996€196,551▲
Fixed assets21/28€41,130€28,356▼
Tangible fixed assets22/27€40,954€28,180▼
Plant, machinery and equipment23€1,513€656▼
Furniture and vehicles24€2,267€1,232▼
Leasing and similar rights25€37,173€26,293▼
Financial fixed assets28€176€176=
Current assets29/58€117,866€168,195▲
Amounts receivable within one year40/41€35,943€33,065▼
Trade receivables40€34,907€33,065▼
Other amounts receivable41€1,036€0▼
Current investments50/53€30,087€34,087▲
Cash at bank and in hand54/58€50,351€100,204▲
Deferred charges and accrued income490/1€1,485€839▼
Equity and liabilities
Total equity and liabilities10/49€158,996€196,551▲
Equity10/15€107,953€149,331▲
Contributions10/11€2,500€2,500=
Reserves13€105,453€146,831▲
Distributable reserves133€105,453€146,831▲
Amounts payable17/49€51,043€47,220▼
Amounts payable after more than one year17€19,523€11,668▼
Financial debts170/4€19,523€11,668▼
Amounts payable within one year42/48€31,520€35,552▲
Current portion of amounts payable after more than one year42€7,553€7,855▲
Trade debts44€1,111€857▼
Suppliers440/4€1,111€857▼
Taxes, remuneration and social security45€22,856€26,292▲
Taxes450/3€22,856€26,292▲
Other amounts payable47/48-€549
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,654€12,774▲
Other operating charges640/8€897€1,503▲
Gross operating margin9900€69,466€66,754▼
Operating profit (loss)9901€55,916€52,477▼
Financial income75/76B€569€5,351▲
Recurring financial income75€569€5,351▲
Financial charges65/66B€1,341€1,101▼
Recurring financial charges65€1,341€1,101▼
Profit (loss) for the period before taxes9903€55,144€56,728▲
Income taxes67/77€15,768€15,349▼
Profit (loss) for the period9904€39,376€41,378▲
Profit (loss) for the period to be appropriated9905€39,376€41,378▲
Appropriation of the result
Profit (loss) to be appropriated9906€39,376€41,378▲
Transfer to equity691/2€39,376€41,378▲
To other reserves6921€39,376€41,378▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
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%
Line2022202320242025Change
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-
Line2022202320242025Change
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-
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.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00433085
31-12-2024 micro format 30-04-2025 2025-00084172
31-12-2023 micro format 05-07-2024 2024-00213822
31-12-2022 micro format 28-06-2023 2023-00168416

Similar companies · same sector, comparable size

Of the 24,455 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,124. 13,473 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.