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WOVA Projects

Active
Private limited companyfounded 20242 yrs activeL. Van Pouckestraat 19, 3806 Sint-Truiden, BelgiumKBO/BCE: BE 1012.338.124
Summary

The computed 12-month bankruptcy probability of WOVA Projects is 2.3% (moderate). The 2025 annual accounts show equity of €69,153 and a net result of €77,653. Its solvency ranks better than 40% of 28254 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency63
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.2; short-term debt: 42.6% and cash: 48.6% of total assets), and 62.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.8%
Return on assets
42.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
55 d late
← before the deadline after the deadline →
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

WOVA Projects was incorporated on 8 August 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€69,153
Total assets
€183,090
Net result
€77,653
Working capital
€16,003

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

Balance-sheet composition
Assets €183,090
Fixed assets €89,013
Current assets €94,077
Equity and liabilities €183,090
Equity €69,153
Debt €113,937
Debt finances 62.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€111,895
Cash flow
€89,755
Current ratio
1.20
Quick ratio
1.20
Debt to equity
1.65
ROE
112.3%
ROA
42.4%
Interest coverage
23.17
Debt ≤ 1 year
€78,074
Debt > 1 year
€35,863
Income taxes
€17,329

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,662 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 39,276 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 · 2025 · 46 lines
Balance sheet Code2025
Assets
Total assets20/58€183,090
Fixed assets21/28€89,013
Intangible fixed assets21€73,542
Tangible fixed assets22/27€15,471
Furniture and vehicles24€15,471
Current assets29/58€94,077
Stocks and contracts in progress3€592
Stocks30/36€592
Amounts receivable within one year40/41€4,469
Trade receivables40€537
Other amounts receivable41€3,932
Cash at bank and in hand54/58€89,016
Equity and liabilities
Total equity and liabilities10/49€183,090
Equity10/15€69,153
Contributions10/11€1,500
Reserves13€67,653
Distributable reserves133€67,653
Amounts payable17/49€113,937
Amounts payable after more than one year17€35,863
Financial debts170/4€35,863
Amounts payable within one year42/48€78,074
Current portion of amounts payable after more than one year42€22,888
Trade debts44€3,687
Suppliers440/4€3,687
Advances received on contracts in progress46€945
Taxes, remuneration and social security45€20,334
Taxes450/3€18,334
Remuneration and social security454/9€2,000
Other amounts payable47/48€30,220
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,102
Other operating charges640/8€437
Gross operating margin9900€112,332
Operating profit (loss)9901€99,793
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€4,830
Recurring financial charges65€4,830
Profit (loss) for the period before taxes9903€94,982
Income taxes67/77€17,329
Profit (loss) for the period9904€77,653
Profit (loss) for the period to be appropriated9905€77,653
Appropriation of the result
Profit (loss) to be appropriated9906€77,653
Transfer to equity691/2€67,653
To other reserves6921€67,653
Profit to be distributed694/7€10,000
Directors or managers695€10,000

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,102
Other operating charges640/8€437
Gross operating margin9900€112,332
Operating profit (loss)9901€99,793
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€4,830
Recurring financial charges65€4,830
Profit (loss) for the period before taxes9903€94,982
Income taxes67/77€17,329
Profit (loss) for the period9904€77,653
Profit (loss) for the period to be appropriated9905€77,653
Line2025
Assets
Total assets20/58€183,090
Fixed assets21/28€89,013
Intangible fixed assets21€73,542
Tangible fixed assets22/27€15,471
Furniture and vehicles24€15,471
Current assets29/58€94,077
Stocks and contracts in progress3€592
Stocks30/36€592
Amounts receivable within one year40/41€4,469
Trade receivables40€537
Other amounts receivable41€3,932
Cash at bank and in hand54/58€89,016
Equity and liabilities
Total equity and liabilities10/49€183,090
Equity10/15€69,153
Contributions10/11€1,500
Reserves13€67,653
Distributable reserves133€67,653
Amounts payable17/49€113,937
Amounts payable after more than one year17€35,863
Financial debts170/4€35,863
Amounts payable within one year42/48€78,074
Current portion of amounts payable after more than one year42€22,888
Trade debts44€3,687
Suppliers440/4€3,687
Advances received on contracts in progress46€945
Taxes, remuneration and social security45€20,334
Taxes450/3€18,334
Remuneration and social security454/9€2,000
Other amounts payable47/48€30,220
Line2025
Profit (loss) for the period9904€77,653
+ Depreciation and write-downs630€12,102
Operating cash flow (approximation)€89,755

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
24-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 55 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, Sint-Truiden · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,469 m²
Building footprint
157 m²
Volume, LiDAR
882 m³
Parcel 71058A0166/00Y002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WOVA Projects
L. Van Pouckestraat 19, 3806 Sint-TruidenRepair and maintenance of fabricated metal products
since 20242.363.102.716
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71058A0166/00Y002 Flanders 1,469 m² 1 · 157 m² 8.5 m · 2 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 1,068 EUR awarded · 812 EUR paid
Year Entries awardedpaid
2025 1 594 EUR338 EUR
2024 1 474 EUR474 EUR
Schemes
2 entries · 1,068 EUR · 812 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 9,536 companies in sector 43222 we hold annual accounts for 5,669. 4,778 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
Founded08-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
43221Plumbing work
43223Specialised construction activities
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012338124
Also 9925:BE1012338124
Registered 25-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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