WL-PROJECTS
ActiveSummary
WL-PROJECTS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136,028 and a net result of €62,662. Its solvency ranks better than 65% of 9,844 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €136,028
- Profit
- €62,662
Why 91raises riskFounded in 2023Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 4.14, cash €100,072Equity €136,028 (57.4% of total assets)Show the evidence
Checked score
About 2 in 1,000 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 63% on solvency, 96% on liquidity, 92% on profitability and 90% on growth.
The bankruptcy probability was computed on 28-10-2026 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 last 2 accounts on average 22 days before 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 (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €100,000equity €136,028 ▲85.4%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 3% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,445 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 39,278 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 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,072 | €6,277 | ▲ 486% |
| Other operating charges640/8 | €772 | €20,226 | ▲ 26× |
| Gross operating margin9900 | €87,424 | €109,921 | ▲ 25.7% |
| Operating profit (loss)9901 | €85,580 | €83,417 | ▼ 2.5% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €53 | €4,766 | ▲ 90× |
| Recurring financial charges65 | €53 | €4,766 | ▲ 90× |
| Profit (loss) for the period before taxes9903 | €85,527 | €78,652 | ▼ 8.0% |
| Income taxes67/77 | €17,161 | €15,990 | ▼ 6.8% |
| Profit (loss) for the period9904 | €68,366 | €62,662 | ▼ 8.3% |
| Profit (loss) for the period to be appropriated9905 | €68,366 | €62,662 | ▼ 8.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €116,432 | €237,108 | ▲ 104% |
| Fixed assets21/28 | €16,433 | €135,495 | ▲ 725% |
| Tangible fixed assets22/27 | €15,183 | €134,245 | ▲ 784% |
| Land and buildings22 | - | €118,620 | - |
| Plant, machinery and equipment23 | €1,884 | €2,495 | ▲ 32.5% |
| Furniture and vehicles24 | €1,262 | €2,375 | ▲ 88.2% |
| Other tangible fixed assets26 | €12,038 | €10,755 | ▼ 10.7% |
| Financial fixed assets28 | €1,250 | €1,250 | = |
| Current assets29/58 | €99,999 | €101,614 | ▲ 1.6% |
| Amounts receivable within one year40/41 | €62,831 | €1,542 | ▼ 97.5% |
| Trade receivables40 | €62,395 | €425 | ▼ 99.3% |
| Other amounts receivable41 | €436 | €1,117 | ▲ 156% |
| Cash at bank and in hand54/58 | €37,168 | €100,072 | ▲ 169% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €116,432 | €237,108 | ▲ 104% |
| Equity10/15 | €73,366 | €136,028 | ▲ 85.4% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €68,366 | €131,028 | ▲ 91.7% |
| Distributable reserves133 | €68,366 | €131,028 | ▲ 91.7% |
| Amounts payable17/49 | €43,066 | €101,080 | ▲ 135% |
| Amounts payable after more than one year17 | - | €76,516 | - |
| Financial debts170/4 | - | €76,516 | - |
| Amounts payable within one year42/48 | €42,924 | €24,564 | ▼ 42.8% |
| Current portion of amounts payable after more than one year42 | - | €16,418 | - |
| Trade debts44 | €1,080 | €787 | ▼ 27.1% |
| Suppliers440/4 | €1,080 | €787 | ▼ 27.1% |
| Taxes, remuneration and social security45 | €36,120 | €7,358 | ▼ 79.6% |
| Taxes450/3 | €36,120 | €7,358 | ▼ 79.6% |
| Other amounts payable47/48 | €5,724 | - | - |
| Accrued charges and deferred income492/3 | €143 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €68,366 | €62,662 | ▼ 8.3% |
| + Depreciation and write-downs630 | €1,072 | €6,277 | ▲ 486% |
| Operating cash flow (approximation) | €69,438 | €68,939 | ▼ 0.7% |
| Investment in fixed assets (approximation) | - | -€125,339 | - |
| Change in cash | - | €62,904 | - |
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 (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-07-2026 | 2026-00273453 |
| 31-12-2024 | abbreviated format | 10-07-2025 | 2025-00262655 |
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 |
|---|---|
| LOGIST Wesley Jean-Pierre |
|
Owners and capital
Capital and shareholders
- LOGIST Wesley Jean-Pierre 100 shares (100%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-09-2023 Incorporation · €5,000 · 100 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
50%
According to the 2025 annual accounts of WL-PROJECTS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
WL-PROJECTS was incorporated on 5 September 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2023, LOGIST Wesley Jean-Pierre has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
07-09
Gazette deed
IncorporationAppointment: LOGIST Wesley Jean-Pierre (director) · Registered office clause · Founder7 facts ▸
- Registered office clause, “3290 Diest,Den Ren 8, geldig tot nieuw adres of e-mailadres meegedeeld” (deed in Dutch)
- Other provision, “overgangsbepalingen eerste boekjaar en vergadering”, 31-12-2024 (deed in Dutch)
- Director appointment, LOGIST Wesley Jean-Pierre (director)
- Other provision, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch)
- Incorporation, “WL-PROJECTS” (deed in Dutch)
- Founder, LOGIST Wesley Jean-Pierre (comparant)
- Founding capital, €5,000
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 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 0805.505.321
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 |
|---|---|---|---|---|
| 24120E0101/00P000 | Flanders | 309 m² | 1 · 85 m² | 5.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Elektricien; Onderneming voor de installatie van elektrische bedrading en toebehoren; De verkoop,installatie en het onderhoud van zwembaden…” (deed in Dutch)
33 activities (deed in Dutch)
- Elektricien
- Onderneming voor de installatie van elektrische bedrading en toebehoren
- De verkoop,installatie en het onderhoud van zwembaden en benodigdheden
- Reparatie van elektrische huishoudapparaten
- Kleinhandel in verlichtingsartikelen
- Kleinhandel in elektrische huishoudapparaten
- Groothandel in elektrisch materiaal,inclusief installatiemateriaal
- Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan
- Groothandel in elektrisch installatiemateriaal voor huishoudelijk gebruik
- Groothandel in elektrische huishoudelijke apparaten
- Handelsbemiddeling in goederen,algemeen assortiment
- Handelsbemiddeling in loodgietersmateriaal,elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties
- Handelsbemiddeling in elektrische en elektronisch materiaal,inclusief installatiemateriaal voor industrieel gebruik
- Chapewerken
- Onderneming voor het uitvoeren van voegwerken
- Onderneming voor het bouwen van open haarden,stookplaatsen,sierschouwen,enzovoort
- Plaatsen van vloerbedekking en wandbekleding van hout
- Plaatsen van tussenwanden van gipsplaten
- Installatie van geblindeerde deuren en brandwerende deuren in metaal
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enzovoort,in metaal
- Installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,enzovoort,in metaal
- Montage van buiten- en binnenschrijnwerk in metaal:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort
- Onderneming voor de installatie van antennes en bliksemafleiders
- Onderneming voor de installatie van liften en roltrappen
- Onderneming voor de installatie van elektrische verwarmingsinstallaties
- Installatie van verwarming,klimaatregeling en ventilatie
- Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Onderneming voor de installatie van de bedrading voor telefooninstallaties en computersystemen
- Aanleg van telecommunicatielijnen en–netten
- Aanleg van leidingen voor het vervoer en distributie van elektrische energie
- Onderneming voor de installatie van hulpvoedingssystemen(generatoraggregaten)
- Beheer van onroerend vermogen
- Bestuur van andere vennootschappen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Bestuur Het bestuursorgaan zal overeenkomstig artikel 5:73 WVV, alle handelingen verrichten die nodig of dienstig zijn tot verwezenlijking…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, al dan niet aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 100” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed