Turnover
≈ €430,000 estimated
The micro format states no turnover.
WEK CONSTRUCTION
Overview
Lifetime
2 annual accounts with figures on one time axispeak €82,969 (2025)
€82,969▲ 111%
lowest -€9,080 (2024)
€10,213▲ €19,293
peak €4,133 (2025)
€4,133▲ €10,213
€61,111▼ 3.8%
Board2 names since 2023
2 directorsEL KAR,Walid and 1 other
Documentsfilings and deeds
04-07-202627 days before the deadline
2025micro format
Gross margin from €39,279 to €82,969Back to profit: €10,213Equity from -€6,080 to €4,133Cash from €15,403 to €40,904
Key points
from the 2025 annual accountsDebts
€61,111 94% of the balance sheet
Financial debts 23%Suppliers 20%Taxes and wages 28%Other 29%
Of this, €47,193 falls due within a year.
Position in the sector
€4,133
Less equity than 84% of companies in construction of buildings. Sector median €45,544 · 9,455 companies.
Checked score
56
Fair
Financially stronger than 62% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.5%
01-2025: 4.5%● unchanged vs 12-2024
02-2025: 5.0%▲ +0.5 percentage points vs 01-2025
03-2025: 4.9%▼ -0.1 percentage points vs 02-2025
04-2025: 4.7%▼ -0.2 percentage points vs 03-2025
05-2025: 5.1%▲ +0.4 percentage points vs 04-2025
06-2025: 5.2%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 3.2%▼ -2.0 percentage points vs 06-2025
08-2025: 3.2%● unchanged vs 07-2025
09-2025: 3.2%● unchanged vs 08-2025
10-2025: 3.2%● unchanged vs 09-2025
11-2025: 3.2%● unchanged vs 10-2025
12-2025: 3.2%● unchanged vs 11-2025
01-2026: 3.1%▼ -0.1 percentage points vs 12-2025
02-2026: 3.1%● unchanged vs 01-2026
03-2026: 3.1%● unchanged vs 02-2026
04-2026: 3.2%▲ +0.1 percentage points vs 03-2026
05-2026: 3.3%▲ +0.1 percentage points vs 04-2026
06-2026: 3.2%▼ -0.1 percentage points vs 05-2026
07-2026: 3.4%▲ +0.2 percentage points vs 06-2026
08-2026: 1.7%▼ -1.7 percentage points vs 07-2026lowest value
09-2026: 1.7%● unchanged vs 08-2026lowest value
10-2026: 1.8%▲ +0.1 percentage points vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Sector: Construction of residential and non-residential buildings (NACE 41)
Equity €4,133 (6.3% of total assets)
lowers risk
Liquidity: current ratio 0.98, cash €40,904
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 41, micro). It does better than 16% of them on solvency, 66% on liquidity, 73% on profitability and 93% on growth.
The bankruptcy probability was computed on 08-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 2,157 companies had the same profile as WEK CONSTRUCTION has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WEK CONSTRUCTION itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,157 companies, not a prediction for WEK CONSTRUCTION. 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9452 sector peers (2025).
NBB · sector comparisonPosition among 9452 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-07-2026, 27 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
27 days early
2024
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 33 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803205134
Incorporation
Founding capital of €3,000, 300 shares · Founder: EL KAR, Walid · Appointments: EL KAR, Walid (director) and FIDANY (director) · published on 29-06-2023 · Gazette deed
First establishment
SRL WEK CONSTRUCTION, Rue Champ des Courses 13, Bassenge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WEK CONSTRUCTION Bassenge | €65,244 | €82,969 | 6.3% | - |
| Geoffrey SINGLETON Constructions Pepinster | €68,304 | €66,951 | 30.1% | - |
| VAN DURMEN THIERRY Tournai | €70,648 | €75,770 | 57.4% | - |
| ISNE Bierbeek | €72,287 | €86,106 | 60.2% | - |
| Baulev Riemst | €74,460 | €99,308 | 47.7% | - |
| Metselwerken Maris Jelle Heist-op-den-Berg | €79,978 | €84,105 | 41.9% | - |
| H.B. Rénovation Kraainem | €65,041 | €71,730 | 54.8% | - |
These companies have the same main activity as WEK CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €65,000 and €80,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 27-06-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.346.606.2814690 Bassenge, since 27-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2025
Annual accounts 2025
- €82,969▲ 111%
- €10,213
- €4,133
- €65,244▲ 13.6%
- Filing
- Filed on 04-07-2026, 27 days before the end of the filing period
Insights on WEK CONSTRUCTION
The computed 12-month bankruptcy probability of WEK CONSTRUCTION is 1.8% (moderate). The 2025 annual accounts show equity of €4,133 and a net result of €10,213.
Its solvency ranks better than 16% of 9,452 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 04-07-2026, 27 days before the deadline€82,969
▲ 111%
€14,850
▲ €21,582
€10,213
▲ €19,293
-€849
▲ €13,097
6.3%
▲ 16.9 percentage points
0.98
▲ 0.31
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 ≈ €430,000. Estimated: probably between €320,000 and €720,000.
Balance sheet
balance sheet total €65,244 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
6.3%
Higher than 16% of 9,452 companies in 2025.
0.98
Higher than 21% of 9,200 companies in 2025.
15.7%
Higher than 69% of 9,272 companies in 2025.
WEK CONSTRUCTION
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
65,244 | 57,413 | |
21/28 |
18,900 | 28,350 | |
22/27 |
18,900 | 28,350 | |
24 |
18,900 | 28,350 | |
29/58 |
46,344 | 29,063 | |
40/41 |
5,440 | 13,660 | |
40 |
- | 5,349 | |
41 |
5,440 | 8,311 | |
54/58 |
40,904 | 15,403 | |
| Balance sheet: equity and liabilities | |||
10/49 |
65,244 | 57,413 | |
10/15 |
4,133 | -6,080 | |
10/11 |
3,000 | 3,000 | |
14 |
1,133 | -9,080 | |
17/49 |
61,111 | 63,493 | |
17 |
13,918 | 20,484 | |
170/4 |
13,918 | 20,484 | |
42/48 |
47,193 | 43,009 | |
42 |
6,567 | 6,131 | |
44 |
12,330 | 26,548 | |
440/4 |
12,330 | 26,548 | |
45 |
17,307 | 9,046 | |
450/3 |
6,778 | 3,937 | |
454/9 |
10,529 | 5,109 | |
47/48 |
10,989 | 1,284 | |
| Income statement | |||
9900 |
82,969 | 39,279 | |
62 |
56,622 | 29,873 | |
630 |
9,450 | 9,450 | |
631/4 |
318 | - | |
640/8 |
1,729 | 6,688 | |
9901 |
14,850 | -6,732 | |
75/76B |
1,582 | 9 | |
75 |
1,582 | 9 | |
65/66B |
1,770 | 2,357 | |
65 |
1,770 | 2,357 | |
9903 |
14,662 | -9,080 | |
67/77 |
4,449 | - | |
9904 |
10,213 | -9,080 | |
9905 |
10,213 | -9,080 | |
| Appropriation of the result | |||
9906 |
1,133 | -9,080 | |
14P |
-9,080 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 04-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 24,300 | 2,718 | ||
| 19,663 | 370 | ||
| 0 | 37,800 | ||
| 25,501 | - | ||
| -849 | -13,946 | ||
| 6.3% | -10.6% | ||
| 0.98 | 0.68 | ||
| 14.79 | - | ||
| 247.1% | - | ||
| 15.7% | -15.8% | ||
| 13.73 | 1.15 |
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 | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €37,800 |
| €9,450 | €9,450 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on WEK CONSTRUCTION
The operating result for 2025 is a profit of €14,850, after a loss of €6,732 in 2024.
Debt's share of the balance-sheet total is 93.7%.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
appointed by deed of 29-06-2023
term without a fixed end
FIDANY BV
Director (not named in the articles), permanent representative PETERS,Jean Luc Paul Julien
appointed by deed of 29-06-2023
term without a fixed end
also on the board of 4 other companies
1 other company bankrupt- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”deed of 29-06-2023
Permanent representatives 1
Mandates through the years
2 names, the dashed line is todayEL KAR,Walid
Director (not named in the articles)
Director (not named in the articles)
FIDANY
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- EL KAR,Walid
- Director (not named in the articles), appointed by deed of 29-06-2023, still in office
- FIDANY
- Director (not named in the articles), appointed by deed of 29-06-2023, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- €13.78 in 2025
- Source
- deed of 29-06-2023
Articles of association
deed of 29-06-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Assemblée générale décide, assemblée générale à majorité absolue des voix ou actionnaire unique détermine montant fixe ou proportionnelle”“Toujours révocable par assemblée générale, majorité et présence requises pour modifications aux statuts”
- 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
Shareholders
At incorporation
deed of 29-06-2023 ↗
- EL KAR,Walid 300 shares (100%) · €3,000 in cash
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off1 other company of this director went bankrupt (2024).
- LE FOURNIL DE MOLLY bankruptcy on 12-11-2024Official Gazettemandate until 2022
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
WEK CONSTRUCTION has no parent and no holdings in its annual accounts.
Earlier ties
| LE FOURNIL DE MOLLY via FIDANY, no longer at LE FOURNIL DE MOLLY · Director · deed of 25-04-2019 Open bankruptcy · founded in 1987 |
total assets €59,925 (2024) |
| PGI CONSTRUIT via FIDANY, no longer at PGI CONSTRUIT · Director · deed of 28-04-2022 founded in 2021 |
total assets €141,705 (2025) |
Connections & network
9 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
APPIMMO-L.B.M.
via FIDANY · Director (not named in the articles) · deed of 18-12-2023
Founded in 2009 · total assets €87,198 (2025) · negative equity
→
Sophie Velings
via FIDANY · Director (not named in the articles) · deed of 28-12-2023
Founded in 2023 · total assets €62,550 (2025) · negative equity
→
NUANCES BESLI
via FIDANY · Director (not named in the articles) · deed of 21-12-2022
Founded in 2022 · total assets €16,127 (2025) · negative equity
→
HORT'ANS
via FIDANY · Director (not named in the articles) · deed of 28-12-2023
Founded in 2017 · total assets €263,742 (2025)
→
Show 5 more companies with a shared director
→
→
MASUMA
via FIDANY · Director (not named in the articles) · deed of 20-12-2024
Founded in 2024 · total assets €82,187 (2025)
→
GHALEB FAITROUNI
via FIDANY · Director · deed of 03-12-2024
Founded in 2024 · total assets €65,084 (2025)
→
→
Timeline
Timeline
6 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 27 days before the deadline
2025
Back to profit net €10,213 The net result is €10,213, after one loss-making year.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803205134
Annual accounts 2024 filed PDFmicro format · 39 days before the deadline
2023
IncorporationFounding capital of €3,000, 300 shares · Founder: EL KAR, Walid · Appointments: EL KAR, Walid (director) and FIDANY (director) · published on 29-06-20236 points ▸
- Founder, EL KAR, Walid
- Founding capital, €3,000, 300 shares
- Power of attorney, Vincent Bodson, mentioned twice in the deed
- Director appointment, EL KAR, Walid (director (not named in the articles))
- Director appointment, FIDANY (director (not named in the articles))
- Permanent representative, PETERS, Jean Luc Paul Julien
- The deed holds 8 more points.
First establishment SRL WEK CONSTRUCTION, Rue Champ des Courses 13, Bassenge
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0803.205.134
- VAT number
- BE 0803.205.134
- Peppol ID
- 0208:0803205134
- Other Peppol ID
- 9925:BE0803205134
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-06-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable since 27-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- WEK CONSTRUCTION in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 29-06-2023 (in French)
Activities
NACEBEL 2025VAT activities
41001
General construction of residential buildings main activity
Social security (RSZ) activities
43910
Bricklaying and masonry work main activity
Codes under NACEBEL 2008
VAT activities
41201
General construction of buildings main activity
41202
Construction of residential and non-residential buildings
41203
Construction of residential and non-residential buildings
Social security (RSZ) activities
43994
Specialised construction activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La construction générale de bâtiments résidentiels; Tous travaux de démolition et de préparation des sites; Tous travaux de maçonnerie et de…”deed of 29-06-2023 (in French)
5 activities
- La construction générale de bâtiments résidentiels
- Tous travaux de démolition et de préparation des sites
- Tous travaux de maçonnerie et de rejointoiement
- Tous les services d'aménagement paysager
- De manière générale,la construction générale de bâtiments résidentiels,le parachèvement et l’aménagement intérieur de ces bâtiments
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| SRL WEK CONSTRUCTION registered office Rue Champ des Courses 13, 4690 Bassenge 43110 Demolition | 27-06-2023 | 2.346.606.281 |
Buildings and parcels at the address
- Ground area
- 202 m²
- Buildings
- 109 m²
- Volume, LiDAR
- 730 m³
- Tallest building
- 8.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62116B0892/00A000 | 202 m² | 1 · 109 m² | 8.2 m · 2 |
Contact
E-mail
wekconstruction@gmail.com
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.205.134