WF CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of WF CONSTRUCT is 2.6% (moderate). The 2024 annual accounts show equity of €5k and a net result of €7k. Its solvency ranks better than 15% of 9981 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability55▼-31
Solvency30▼-31
Growth58
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.05 against 1.57 in 2022; short-term debt: 94.9% and cash: 2.3% of total assets), and 94.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.1%
Return on assets
6.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9981 sector peers (2024).
NBB · sector comparisonPosition among 9981 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2022
16 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 39.8%
2022 · €9k
2022: €9k
2022 → 2024
Total assets
€103k▲ 325%
2022 · €24k
2022: €24k
2022 → 2024
Net result
€7k▲ 50.1%
2022 · €5k
2022: €5k
2022 → 2024
Working capital
€5k▼ 39.8%
2022 · €9k
2022: €9k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222024Trend
Equity€9k-€5k▼ 39.8%
Operating result€5k-€11k▲ 138%
Net result€5k-€7k▲ 50.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €11k in 2024, compared with €5k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Equity and liabilities €103k
Equity
€5k▼ 39.8%
Debt
€98k▲ 532%
The debt ratio rises from 63.8% to 94.9%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
5.1%▼
2022 · 36.2%
Current ratio
1.05▼
2022 · 1.57
Quick ratio
1.05▼
2022 · 1.57
Debt / equity
18.47▲
2022 · 1.76
ROE
133.8%▲
2022 · 53.7%
ROA
6.9%▼
2022 · 19.5%
Debt
€98k▲
2022 · €15k
Debt ≤ 1 year
€98k▲
2022 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€24k€103k▲
Current assets29/58€24k€103k▲
Amounts receivable within one year40/41€24k€100k▲
Trade receivables40€22k€93k▲
Other amounts receivable41€1k€8k▲
Cash at bank and in hand54/58€720€2k▲
Deferred charges and accrued income490/1-€594
Equity and liabilities
Total equity and liabilities10/49€24k€103k▲
Equity10/15€9k€5k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€5k€1k▼
Amounts payable17/49€15k€98k▲
Amounts payable within one year42/48€15k€98k▲
Trade debts44€7k€72k▲
Suppliers440/4€7k€72k▲
Taxes, remuneration and social security45€8k€25k▲
Remuneration and social security454/9€8k€25k▲
Other amounts payable47/48-€110
Income statement
Code20222024
Gross operating margin9900€5k€11k▲
Operating profit (loss)9901€5k€11k▲
Financial charges65/66B€67€4k▲
Recurring financial charges65€67€3k▲
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€5k€7k▲
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€1k▼
Profit (loss) brought forward from the previous period14P-€-6k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
NBB filing
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, Grimbergen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kleinewinkellaan 64B1853 GrimbergenGround area
3,448 m²
Building footprint
267 m²
Volume, LiDAR
1,432 m³
Parcel 23084A0271/00V003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WF CONSTRUCT
since 20222.329.238.135
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0271/00V003 | Flanders | 3,448 m² | 1 · 267 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
KB-Bouw
BE 0790.190.011
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GREENTEC
BE 0800.451.324
Zaventem · Eq €5k
Tadek Entreprise Générale de Bâtiment
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M.J.W. Construct
BE 0748.471.497
Fontaine-l'Evêque · Eq €5k
SAM RENOV
BE 0479.117.939
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 6,683 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.