Equity
€101,509 ▼ 29.4%
Well Projects & Services paid out €39,256 in dividends in a year with a loss of €2,972.
Well Projects & Services
Lifetime
4 annual accounts with figures on one time axispeak of €92,446 in 2023
€52,432▼ 34.6%
lowest -€2,972 in 2025
-€2,972▼ €42,228
peak of €143,736 in 2024
€101,509▼ 29.4%
€620,978▲ 4.9%
Board1 name since 2022
1 director
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from €80,137 to €52,432Loss of €2,972Dividend €39,256Equity from €143,736 to €101,509
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Debts
€620,978 86% of the balance sheet
Financial debts 80%Suppliers 4%Taxes and wages 4%Other 13%
Of this, €123,851 falls due within a year.
Investments
€46,073 1.6 times depreciation
Green is investment, beige is depreciation. Machinery stands 39.0% higher than in 2024.
Liquidity
0.19 was 0.91 in 2024
Short-term debts rose from €58,125 to €123,851.
Position in the sector
-€2,972
Lower net result than 84% of companies in architecture and engineering. Sector median €16,507 · 12,260 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 440 companies had the same profile as Well Projects & Services has now. Each dot is one company, two years later.
95.5%
were still trading
3.0%
stopped another way
1.6%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 440 companies, not a prediction for Well Projects & Services. 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 verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 28-01-2022
- 90 sharesdeed of 02-02-2022
- 10 sharesdeed of 02-02-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0781386567
Incorporation
Founding capital of €5,000, 100 shares · Founders: and · Appointment: (statutory director) · published on 02-02-2022 · Gazette deed
First establishment
De Francqueslei 102, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Well Projects & Services Antwerp | €722,487 | €52,432 | 14.0% | - |
| RK Engineering Mechelen | €765,846 | €41,050 | 3.5% | - |
| K&B CONSULTING Merchtem | €723,936 | €45,611 | 20.1% | - |
| Support Company Temse | €633,447 | €49,503 | 43.7% | - |
| ZENY Blegny | €534,564 | €50,605 | 31.3% | - |
| ACCIONA ESCO BELGIUM Saint-Josse-ten-Noode | €762,643 | €53,402 | -19.8% | 0 |
| BriskSky - ACEG Grimbergen | €532,619 | €60,491 | 21.2% | - |
These companies have the same main activity as Well Projects & Services: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €533,000 and €766,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 31-01-2022Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
- Establishment unit
- 2.327.700.7832100 Antwerp, since 31-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Annual accounts 2025
- €722,487▼ 1.8%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on Well Projects & Services
Well Projects & Services files the micro format. That format states no turnover. The gross margin fell from €60,556 in 2022 to €52,432 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Well Projects & Services
- What is the company number of Well Projects & Services?
- The company number of Well Projects & Services is 0781.386.567. The VAT number is the same number with BE in front: BE 0781.386.567.
- Where is Well Projects & Services based?
- The registered office is at De Francqueslei 102, 2100 Antwerp.Company details
- What does Well Projects & Services do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of Well Projects & Services?
- Well Projects & Services is a private limited company (BV).
- When was Well Projects & Services founded?
- Well Projects & Services was founded on 31-01-2022.
- Is Well Projects & Services still active?
- Yes, Well Projects & Services is an active enterprise in the KBO register.
- What is the turnover of Well Projects & Services?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €52,432 and 51 comparable companies (NACE 711). It probably lies between €86,000 and €150,000.Financials
- Is Well Projects & Services profitable?
- In financial year 2025, Well Projects & Services made a loss of €2,972.
- Where can I find the annual accounts of Well Projects & Services?
- Well Projects & Services filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Well Projects & Services due?
- Well Projects & Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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