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Woonsprong

Active
Private limited companyfounded 1951active for 75 yearsSeringenstraat 21 A, 8400 Ostend, BelgiumKBO/BCE: BE 0405.260.456
Summary

The computed 12-month bankruptcy probability of Woonsprong is 1.7% (moderate). The 2025 annual accounts show equity of €68.3m and a net result of -€4.0m. Equity grew by about 13% per year on average since 2018. In 2025 it fell by 2.8%. Its solvency ranks better than 27% of 1,032 sector peers (NACE 41, financial year 2025). The company has been active since 1951 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-03-1951 Normal situation
Activity
General construction of residential buildings NACE 41001and 1 other
Joint committee
339 Approved social housing companies · annual accounts 2025
Establishment units
2.229.344.862 8400 Ostend, since 26-08-1961
2.349.580.025 8400 Ostend, since 01-07-2023and 2 others
Financial year end
31 December
Peppol
Reachable since 27-11-2025

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Turnover
€25.3m
▼ 10.4%
Loss
€4.0m
Equity
€68.3m
▼ 2.8%
Total assets
€382.0m
▲ 7.9%
Employees on 31-12-2025
105
▼ 0.9%
  • €165,104 of overdue social security (RSZ) debts on 31-12-2025
Score breakdownraises riskEquity €68.3m (17.9% of total assets)Sector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.12, cash €11.8m1 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 48% of medium-sized companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Average
Solvency 43-2
equity 17.9% of total assets
Liquidity 54-2
short-term debt 6.9% · cash 3.1%
Profitability 51-7
return on assets -1.0%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (209 companies, NACE 41, medium-sized)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.0%▼ -0.2 percentage points vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026lowest value 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.7%● unchanged vs 08-2026highest value 10-2026: 1.7%● unchanged vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value
Credit of up to €2,500,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.69 in 2024), below the usual 1.5. Short-term debt is 6.9% and cash 3.1% of total assets. 82.1% of the assets are financed with debt and provisions.
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, medium-sized). It does better than 33% of them on solvency, 88% on liquidity, 46% on profitability and 26% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

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

Signals

Five signals.
raises riskneutral
raises risk · Equity €68.3m (17.9% of total assets)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Liquidity: current ratio 1.12, cash €11.8m
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
41 days early
2023
120 days late
2022
67 days early
2021
82 days early
2020
2 days early
2019
31 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 10 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 20 June (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 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

  • Caution: From profit to loss in 2025after a profit of €1.5m in 2024 -€4.0m View
  • Caution: Lower net result than 95% of companies in construction of buildingssector median €32,165 · 1,034 companies -€4.0m View
  • Flemish supportawarded from 2022 to 2025 €32.7m View
  • Restructuring with WOONMAATSCHAPPIJ IJZER EN ZEErestructuring on 17-04-2025 2025 View
  • Public contracts awardedto 27 suppliers, 2024 to 2026 44 awards View
  • New directorlatest change 04-06-2026 · 14 in office 1 joined View

Recent changes

  1. · Gazette deed Board meeting of 03-03-2026
  2. · Gazette deed 3 directors appointed, 1 director resigningAppointments: Nico De Cock, Evi Jordens and Ilse Bellon · Resignation: Anneleen Coupé (day-to-day manager)
  3. · Gazette deed Demerger: WOONMAATSCHAPPIJ IJZER EN ZEE splits off to WoonsprongCapital increase of €30,070.15 · Transfer of 2,406 shares from gemeente Middelkerke
All 28 events

Comparable companies

These companies have the same main activity as Woonsprong: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €120m and €664m, founded between 1920 and 1974.

CompanyTotal assetsTurnover
Woonsprong Ostend€382.0m€25.3m
Gewestelijke Ontwikkelingsmaatschappij voor het BrusselsHoofdstedelijk Gewest Brussels€663.7m€34.1m
Woonmaatschappij Meetjesland Eeklo€256.0m€16.9m
Providentia Asse€228.3m€20.8m
Entreprises André Houyoux Marche-en-Famenne€141.0m€76.4m
WOONPUNT ZENNEVALLEI Halle€162.9m€15.3m
LIXON Charleroi€119.9m€71.2m
Full comparison

Key facts about Woonsprong

What is the company number of Woonsprong?
The company number of Woonsprong is 0405.260.456. The VAT number is the same number with BE in front: BE 0405.260.456.
Where is Woonsprong based?
The registered office is at Seringenstraat 21 A, 8400 Ostend.Company details
What does Woonsprong do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Woonsprong?
Woonsprong is a private limited company (BV).
When was Woonsprong founded?
Woonsprong was founded on 08-03-1951.
Is Woonsprong still active?
Yes, Woonsprong is an active enterprise in the KBO register.
How many employees does Woonsprong have?
Woonsprong had an average of 101.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Woonsprong fall under?
In its 2025 annual accounts, Woonsprong states joint committee 339 (Approved social housing companies).
What is the turnover of Woonsprong?
The turnover of Woonsprong was €25.3m in financial year 2025, according to the filed annual accounts.
Is Woonsprong profitable?
In financial year 2025, Woonsprong made a loss of €4.0m.
Where can I find the annual accounts of Woonsprong?
Woonsprong filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Woonsprong due?
Woonsprong must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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