WH CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of WH CONSTRUCT is 7.9% (elevated). The 2024 annual accounts show equity of €9,959 and a net result of €4,959. Its solvency ranks better than 16% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €9,959
- Profit
- €4,959
Why 33raises risk1 financial year not filed after the legal deadline; latest accounts 200 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 16-02-2026)Founded in 2024Size: total assets €75,793Show the evidence
Checked score
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 16% on solvency, 20% on liquidity and 53% on profitability.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its 2024 accounts 200 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: WILPART Grégory,Elie,Ludovic (director) and…
Financials · financial year 2024, micro format
2024 annual accounts filed late (200 days) Filed on 16 February 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00038885.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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.
| Line | 2024 |
|---|---|
| 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 |
| Line | 2024 | |
|---|---|---|
| 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 | |
| Line | 2024 |
|---|---|
| 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 16-02-2026 | 2026-00038885 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| HARDY Ludovic,Robert,Dominique |
|
| WILPART Grégory |
|
Owners and capital
Capital and shareholders
- HARDY Ludovic,Robert,Dominique 50 shares (50%) · €2,500
- WILPART Grégory,Elie,Ludovic 50 shares (50%) · €2,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 19-01-2024 Incorporation · €5,000
- 19-01-2024 Incorporation · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
19-01
Gazette deed
IncorporationAppointments: WILPART Grégory,Elie,Ludovic (director) and HARDY Ludovic,Robert,Dominique (director) · Founder · Founding capital14 facts ▸
- Founder, HARDY Ludovic,Robert,Dominique
- Founder, WILPART Grégory,Elie,Ludovic
- Incorporation, “WH CONSTRUCT” (deed in Dutch)
- Founding capital, €5,000
- Other provision, “bevoegdheid en bekwaamheid comparanten, bevoegd en bekwaam” (deed in Dutch)
- Other provision, “ontwerp akte tijdig ontvangen en kennisname, geen prijs op volledige voorlezing” (deed in Dutch)
- Other provision, 15-01-2024
- Founding capital
- Board rule, 1
- Director appointment, WILPART Grégory,Elie,Ludovic (director)
- Director appointment, HARDY Ludovic,Robert,Dominique (director)
- Other provision, “kosten en verklaringen partijen”, 1200 (deed in Dutch)
- +2 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1004.818.149
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Algemene bouw van residentiële gebouwen en andere nietresidentiële gebouwen,optrekken van de ruwbouw van individuele huizen en gebouwen voor…” (deed in Dutch)
9 activities (deed in Dutch)
- Algemene bouw van residentiële gebouwen en andere nietresidentiële gebouwen,optrekken van de ruwbouw van individuele huizen en gebouwen voor industrieel of commercieel gebruik,en dergelijke;
- Algemene renovatiewerken in de bouwsector;
- Alle aannemingen van werken,restauratie en onderhoudswerken,eventueel in coördinatie met onderaannemers,uitvoeren van overige metsel-,voeg- en betonwerken,sloop- en afbraak van gebouwen;
- Isolatiewerken,onderneming voor warmte en geluidsisolering,reparatie,onderhoud en plaatsing van verwarmingsinstallaties;
- Binnen en buitenbepleistering,schilderwerken zowel interieur als exterieur,decoreren en verfraaien,vloer- en tegelwerken,fabricage,levering,plaatsing,installatie,herstelling en onderhoud van vloeren en tegels;
- Het plaatsen van ijzerwerk,metalen luiken,metalen en aluminium schrijnwerk en schrijnwerk in hout en PVC,ramen en deuren,gyprocwerken,enzovoort;
- Onderneming voor het plaatsen van kabels,buizen,elektriciteit,verlichting,drijfkracht,telefonie,telecommunicatie en diverse;
- Onderneming van dakconstructies en dakbedekking;
- De aankoop,de verkoop en fabricage van alle artikelen betrekking hebbende op gebouwen en hun inrichting.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WH CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Behalve wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden toegekend met mogelijkheid deel te delegeren” (deed in Dutch)“Algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Gelijk recht in winstverdeling en vereffeningsaldo per aandeel, 100” (deed in Dutch)“Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overgang door overlijden zonder goedkeuring, overdracht onder levenden zonder goedkeuring” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur, orgaan dat overgaat tot uitgifte” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bevoegdheden en vergoeding, bij ontbinding om welke reden en wanneer ook” (deed in Dutch)