Wens Projects
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 23-06-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €21,017, larger than the loss of €9,280 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €4,112 | - | - |
| Depreciation and write-downs of the year | €218 | €1,371 | €1,371 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €228 awarded · €228 paid| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €218 | €1,371 | €1,371 | = |
| Other operating charges640/8 | €841 | €905 | €850 | ▼ 6.1% |
| Gross operating margin9900 | €12 | -€7,004 | -€18,797 | ▼ 168% |
| Operating profit (loss)9901 | -€1,046 | -€9,280 | -€21,017 | ▼ 126% |
| Financial income75/76B | €0 | €17 | €33 | ▲ 98.0% |
| Recurring financial income75 | €0 | €17 | €33 | ▲ 98.0% |
| Financial charges65/66B | €19 | €249 | €107 | ▼ 57.0% |
| Recurring financial charges65 | €19 | €249 | €107 | ▼ 57.0% |
| Profit (loss) for the period before taxes9903 | -€1,065 | -€9,512 | -€21,091 | ▼ 122% |
| Profit (loss) for the period9904 | -€1,065 | -€9,512 | -€21,091 | ▼ 122% |
| Profit (loss) for the period to be appropriated9905 | -€1,065 | -€9,512 | -€21,091 | ▼ 122% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €272,782 | €415,517 | €444,640 | ▲ 7.0% |
| Fixed assets21/28 | €3,894 | €2,524 | €1,153 | ▼ 54.3% |
| Tangible fixed assets22/27 | €3,894 | €2,524 | €1,153 | ▼ 54.3% |
| Furniture and vehicles24 | €3,894 | €2,524 | €1,153 | ▼ 54.3% |
| Current assets29/58 | €268,888 | €412,993 | €443,487 | ▲ 7.4% |
| Stocks and contracts in progress3 | €195,500 | €395,500 | €440,449 | ▲ 11.4% |
| Stocks30/36 | €195,500 | €395,500 | €440,449 | ▲ 11.4% |
| Amounts receivable within one year40/41 | €1,438 | €11,487 | €1,650 | ▼ 85.6% |
| Trade receivables40 | - | €3,749 | - | - |
| Other amounts receivable41 | €1,438 | €7,738 | €1,650 | ▼ 78.7% |
| Cash at bank and in hand54/58 | €71,258 | €6,007 | €1,388 | ▼ 76.9% |
| Deferred charges and accrued income490/1 | €692 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €272,782 | €415,517 | €444,640 | ▲ 7.0% |
| Equity10/15 | €3,935 | -€5,577 | -€26,669 | ▼ 378% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€1,065 | -€10,577 | -€31,669 | ▼ 199% |
| Amounts payable17/49 | €268,848 | €421,094 | €471,308 | ▲ 11.9% |
| Amounts payable within one year42/48 | €268,848 | €421,094 | €471,308 | ▲ 11.9% |
| Trade debts44 | €41,453 | €3,680 | €6,697 | ▲ 82.0% |
| Suppliers440/4 | €41,453 | €3,680 | €6,697 | ▲ 82.0% |
| Other amounts payable47/48 | €227,395 | €417,414 | €464,612 | ▲ 11.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,065 | -€9,512 | -€21,091 | ▼ 122% |
| + Depreciation and write-downs630 | €218 | €1,371 | €1,371 | = |
| Operating cash flow (approximation) | -€847 | -€8,141 | -€19,721 | ▼ 142% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€65,252 | -€4,619 | ▲ 92.9% |
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, 1,555 companies had the same profile as Wens Projects has now. Two years later, 91.6% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Wens Projects itself: 1.8% within 12 months.
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 1,555 companies, not a prediction for Wens Projects. 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.