WF RENOVATION
ActiveThe computed 12-month bankruptcy probability of WF RENOVATION is 1.8% (moderate). The 2025 annual accounts show equity of €278k and a net result of €57k. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 7332 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-8
Solvency92▼-8
Growth52=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.97 against 9.59 in 2024; short-term debt: 29.3% and cash: 50.1% of total assets), and 32.7% 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.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.3%
Return on assets
13.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filingsDeviation from the deadline
2025
28 d late
2024
25 d late
2023
64 d late
2022
37 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€278k▲ 11.1%
2024 · €250k
2022: €119k
2023: €193k
2024: €250k
2022 → 2025
Total assets
€413k▲ 44.9%
2024 · €285k
2022: €178k
2023: €269k
2024: €285k
2022 → 2025
Net result
€57k▲ 0.1%
2024 · €57k
2022: €114k
2023: €74k
2024: €57k
2022 → 2025
Working capital
€239k▼ 2.7%
2024 · €245k
2022: €92k
2023: €177k
2024: €245k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€119k-€193k▲ 62.5%€250k▲ 29.6%€278k▲ 11.1%
Operating result€144k-€91k▼ 37.0%€69k▼ 23.7%€72k▲ 3.4%
Net result€114k-€74k▼ 34.7%€57k▼ 23.0%€57k▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €413k
Fixed assets
€54k▲ 369%
Current assets
€360k▲ 31.3%
Equity and liabilities €413k
Equity
€278k▲ 11.1%
Debt
€135k▲ 288%
The debt ratio rises from 12.2% to 32.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89k▲
2024 · €82k
Cash flow
€74k▲
2024 · €70k
Solvency
67.3%▼
2024 · 87.8%
Current ratio
2.97▼
2024 · 9.59
Quick ratio
2.97▼
2024 · 9.59
Debt / equity
0.49▲
2024 · 0.14
ROE
20.6%▼
2024 · 22.9%
ROA
13.9%▼
2024 · 20.1%
Interest coverage
62.98▼
2024 · 66.49
Debt
€135k▲
2024 · €35k
Debt ≤ 1 year
€121k▲
2024 · €29k
Debt > 1 year
€14k▲
2024 · €6k
Income taxes
€16k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€285k€413k▲
Fixed assets21/28€11k€54k▲
Tangible fixed assets22/27€10k€53k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€6k€50k▲
Financial fixed assets28€966€966=
Current assets29/58€274k€360k▲
Amounts receivable within one year40/41€136k€148k▲
Trade receivables40€49k€98k▲
Other amounts receivable41€87k€50k▼
Cash at bank and in hand54/58€136k€207k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€285k€413k▲
Equity10/15€250k€278k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€245k€273k▲
Amounts payable17/49€35k€135k▲
Amounts payable after more than one year17€6k€14k▲
Financial debts170/4€6k€14k▲
Amounts payable within one year42/48€29k€121k▲
Current portion of amounts payable after more than one year42€6k€16k▲
Trade debts44€8k€58k▲
Suppliers440/4€8k€58k▲
Taxes, remuneration and social security45€15k€22k▲
Taxes450/3€15k€22k▲
Other amounts payable47/48-€25k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€84k€90k▲
Operating profit (loss)9901€69k€72k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€72k€73k▲
Income taxes67/77€15k€16k▲
Profit (loss) for the period9904€57k€57k▲
Profit (loss) for the period to be appropriated9905€57k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€245k€303k▲
Profit (loss) brought forward from the previous period14P€188k€245k▲
Profit to be distributed694/7-€29k
Return on contributions (dividend)694-€29k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €57k ▼23%
Net result drops to €57k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 9.59
Current ratio from 4.55 to 9.59; short-term debt falls from €50k to €29k.
31-12
Financial
Equity above €200kEq €250k ▲29.6%
3 profitable years in a row build equity to €250k.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Equity above €150kEq €193k ▲62.5%
2 profitable years in a row build equity to €193k.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Linkebeek · 1 establishment unit since 2021
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.
Hoekstraat 381630 LinkebeekGround area
318 m²
Building footprint
78 m²
Volume, LiDAR
459 m³
Parcel 22003A0113/00M002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hoekstraat 38, 1630 Linkebeek
since 20212.326.757.806
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22003A0113/00M002 | Flanders | 318 m² | 1 · 78 m² | 8.6 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.
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ALGEMENE ONDERNEMINGEN LANCKMAN
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HOME EXTENSIONS
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 11,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
43341Painting of buildings
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.