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WH CONSTRUCT

Active
Private limited companyfounded 20242 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 1004.818.149
Summary

The computed 12-month bankruptcy probability of WH CONSTRUCT is 3.0% (moderate). The 2024 annual accounts show equity of €9,959 and a net result of €4,959. Its solvency ranks better than 16% of 36386 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability77
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.08; short-term debt: 86.9% and cash: 23.4% of total assets), and 86.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
13.1%
Return on assets
6.5%
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 16% of 36386 sector peers (2024).
NBB · sector comparison
Position among 36386 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-02-2026, 200 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
200 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 200 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 January 2024, WH CONSTRUCT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€9,959
Total assets
€75,793
Net result
€4,959
Working capital
€5,524

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €75,793
Fixed assets €4,434
Current assets €71,359
Equity and liabilities €75,793
Equity €9,959
Debt €65,834
Debt finances 86.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€7,814
Cash flow
€5,524
Current ratio
1.08
Debt to equity
6.61
ROE
49.8%
ROA
6.5%
Interest coverage
40.89
Debt ≤ 1 year
€65,834
Income taxes
€1,500
Staff costs
€1,070

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€75,793
Fixed assets21/28€4,434
Tangible fixed assets22/27€4,434
Plant, machinery and equipment23€923
Furniture and vehicles24€3,512
Current assets29/58€71,359
Amounts receivable within one year40/41€53,425
Trade receivables40€48,721
Other amounts receivable41€4,705
Cash at bank and in hand54/58€17,762
Deferred charges and accrued income490/1€172
Equity and liabilities
Total equity and liabilities10/49€75,793
Equity10/15€9,959
Contributions10/11€5,000
Profit (loss) carried forward14€4,959
Amounts payable17/49€65,834
Amounts payable within one year42/48€65,834
Trade debts44€34,331
Suppliers440/4€34,331
Taxes, remuneration and social security45€8,048
Taxes450/3€1,517
Remuneration and social security454/9€6,530
Other amounts payable47/48€23,456
Income statement Code2024
Non-recurring operating income76A€52
Remuneration, social security and pensions62€1,070
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€566
Other operating charges640/8€550
Non-recurring operating charges66A€2,733
Gross operating margin9900€12,167
Operating profit (loss)9901€7,248
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€791
Recurring financial charges65€191
Non-recurring financial charges66B€600
Profit (loss) for the period before taxes9903€6,459
Income taxes67/77€1,500
Profit (loss) for the period9904€4,959
Profit (loss) for the period to be appropriated9905€4,959
Appropriation of the result
Profit (loss) to be appropriated9906€4,959

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Non-recurring operating income76A€52
Remuneration, social security and pensions62€1,070
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€566
Other operating charges640/8€550
Non-recurring operating charges66A€2,733
Gross operating margin9900€12,167
Operating profit (loss)9901€7,248
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€791
Recurring financial charges65€191
Non-recurring financial charges66B€600
Profit (loss) for the period before taxes9903€6,459
Income taxes67/77€1,500
Profit (loss) for the period9904€4,959
Profit (loss) for the period to be appropriated9905€4,959
Line2024
Assets
Total assets20/58€75,793
Fixed assets21/28€4,434
Tangible fixed assets22/27€4,434
Plant, machinery and equipment23€923
Furniture and vehicles24€3,512
Current assets29/58€71,359
Amounts receivable within one year40/41€53,425
Trade receivables40€48,721
Other amounts receivable41€4,705
Cash at bank and in hand54/58€17,762
Deferred charges and accrued income490/1€172
Equity and liabilities
Total equity and liabilities10/49€75,793
Equity10/15€9,959
Contributions10/11€5,000
Profit (loss) carried forward14€4,959
Amounts payable17/49€65,834
Amounts payable within one year42/48€65,834
Trade debts44€34,331
Suppliers440/4€34,331
Taxes, remuneration and social security45€8,048
Taxes450/3€1,517
Remuneration and social security454/9€6,530
Other amounts payable47/48€23,456
Line2024
Profit (loss) for the period9904€4,959
+ Depreciation and write-downs630€566
Operating cash flow (approximation)€5,524

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
16-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 200 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Kraainem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963 companies at this address See who is registered here
1 establishment unit
WH CONSTRUCT
Steenweg op Mechelen 455, 1950 KraainemGeneral construction of buildings
since 20242.355.541.763
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
Linked by address, not proof of ownership
Good to know
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

Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. 2,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004818149
Also 9925:BE1004818149
Registered 29-10-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.