Skip to content

WOODPROJECT -DEL SOL

Active
Private limited companyfounded 2015active for 11 yearsKrommebeekstraat 45, 8930 Menen, BelgiumKBO/BCE: BE 0637.791.727
Summary

The computed 12-month bankruptcy probability of WOODPROJECT -DEL SOL is 6.2% (elevated). The 2025 annual accounts show negative equity (-€91,141) and a net result of -€383,113. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 9% of 2,790 sector peers (NACE 41, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-09-2015 Normal situation
Activity
General construction of residential buildings NACE 41001and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
126 Paritair Comité voor de stoffering en de houtbewerking
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.247.798.519 8930 Menen, since 16-09-2015
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Board
Shareholders
  • Jema· score 542025 annual accounts of Jema
  • V&V HOMES· score 9630-06-2025 annual accounts of V&V HOMES
  • VIVALO· score 692021 annual accounts of VIVALO

Financial position

32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.2%
Annual accounts 2025
Gross margin
€982,074
▲ 7.2%
Turnover
≈ €2.1m
estimated
Loss
€383,113
▲ 5.7%
Equity
-€91,141
Total assets
€1.7m
▼ 11.3%
Employees on 31-12-2025
18
▼ 10.0%
  • Negative equity on 31-12-2025
Filed on 28-07-2026, 3 days before the deadline
Score breakdownraises riskNegative equity -€91,141Loss of €383,113, the second in a row (financial year 2025)Sector: Construction of residential and non-residential buildings (NACE 41)1 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 3% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 20-12
equity -5.4% of total assets
Liquidity 5+1
short-term debt 104.7% · cash 4.2%
Profitability 0=
return on assets -22.6%
Bankruptcy probability within 12 months
6.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 12-2024: 2.2% 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.0%▼ -0.2 percentage points vs 02-2025lowest value 04-2025: 2.2%▲ +0.2 percentage points vs 03-2025 05-2025: 2.5%▲ +0.3 percentage points vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 3.3%▲ +0.7 percentage points vs 07-2025 09-2025: 4.3%▲ +1.0 percentage point vs 08-2025 10-2025: 7.8%▲ +3.5 percentage points vs 09-2025 11-2025: 8.1%▲ +0.3 percentage points vs 10-2025highest value 12-2025: 7.0%▼ -1.1 percentage points vs 11-2025 01-2026: 6.9%▼ -0.1 percentage points vs 12-2025 02-2026: 7.0%▲ +0.1 percentage points vs 01-2026 03-2026: 7.0%● unchanged vs 02-2026 04-2026: 7.3%▲ +0.3 percentage points vs 03-2026 05-2026: 7.6%▲ +0.3 percentage points vs 04-2026 06-2026: 7.7%▲ +0.1 percentage points vs 05-2026 07-2026: 8.0%▲ +0.3 percentage points vs 06-2026 08-2026: 7.7%▼ -0.3 percentage points vs 07-2026 09-2026: 7.8%▲ +0.1 percentage points vs 08-2026 10-2026: 6.2%▼ -1.6 percentage points vs 09-2026 11-2026: 6.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.73 (0.82 in 2024), below 1. Short-term debt is 104.7% and cash 4.2% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 41, small). It does better than 4% of them on solvency, 6% on liquidity, 1% on profitability and 1% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€91,141
NBB · annual accounts
raises risk · Loss of €383,113, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€91,141
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
92 days late
2023
41 days early
2022
33 days early
2021
37 days early
2020
82 days early
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€91,141 View
  • Caution: Lower net result than 95% of companies in construction of buildingssector median €19,390 · 2,784 companies -€383,113 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€383,113 View
  • Board changedlatest change 02-09-2026 · 2 in office 1 joined · 1 left View
  • Merger with DEL SOLmerger on 30-06-2024 2024 View

Recent changes

  1. · Gazette deed Capital increase of €100,000
  2. · Gazette deed Appointment: Simon Vandoorn (director)Resignation: Jema (director) · Permanent representative: Sofie Denoo
  3. · Gazette deed Capital increase of €150,000
All 20 events

Comparable companies

These companies have the same main activity as WOODPROJECT -DEL SOL: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.2m and €2.2m, founded between 2014 and 2018.

CompanyTotal assetsGross margin
WOODPROJECT -DEL SOL Menen€1.7m€1.0m
BOUWWERKEN CLOET Wingene€1.6m€1.1m
HOUTEN HUIS Destelbergen€2.0m€1.0m
COOMAN CONSTRUCT Affligem€2.1m€1.4m
Intopia Heusden-Zolder€1.2m€1.1m
RENOBEST Genk€2.2m€1.3m
SOLIPRO Herve€1.6m€1.4m
Full comparison

Key facts about WOODPROJECT -DEL SOL

What is the company number of WOODPROJECT -DEL SOL?
The company number of WOODPROJECT -DEL SOL is 0637.791.727. The VAT number is the same number with BE in front: BE 0637.791.727.
Where is WOODPROJECT -DEL SOL based?
The registered office is at Krommebeekstraat 45, 8930 Menen.Company details
What does WOODPROJECT -DEL SOL do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of WOODPROJECT -DEL SOL?
The legal form of WOODPROJECT -DEL SOL is Private limited company (BV).
When was WOODPROJECT -DEL SOL founded?
WOODPROJECT -DEL SOL was founded on 16-09-2015.
Is WOODPROJECT -DEL SOL still active?
Yes, WOODPROJECT -DEL SOL is an active enterprise in the KBO register.
How many employees does WOODPROJECT -DEL SOL have?
WOODPROJECT -DEL SOL had an average of 17.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WOODPROJECT -DEL SOL fall under?
In its 2025 annual accounts, WOODPROJECT -DEL SOL states joint committees 124 (Paritair Comité voor het bouwbedrijf), 126 (Paritair Comité voor de stoffering en de houtbewerking) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of WOODPROJECT -DEL SOL?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €982,074 and 30 comparable companies (NACE 41001). It probably lies between €1.7m and €3.1m.
Is WOODPROJECT -DEL SOL profitable?
In financial year 2025, WOODPROJECT -DEL SOL made a loss of €383,113.
Where can I find the annual accounts of WOODPROJECT -DEL SOL?
WOODPROJECT -DEL SOL filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WOODPROJECT -DEL SOL due?
WOODPROJECT -DEL SOL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.