WP
ActiveSummary
The computed 12-month bankruptcy probability of WP is 3.5% (moderate). The 2024 annual accounts show equity of €123k and a net result of €23k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability73▲+23
Solvency100▲+7
Growth68=
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 5.45 against 1.91 in 2023; short-term debt: 14.7% and cash: 7.8% of total assets), and 14.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
122 d late
2023
257 d late
2022
106 d late
2021
170 d late
2020
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€1.39M▲ 36.0%
2023 · €1.03M
EBIT margin
2.8%▲ 3.8pp
2023 · -0.9%
Net result
€23k
2023 · €-9k
Working capital
€95k▲ 134%
2023 · €40k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€713k€824k▲ 15.6%€1.03M▲ 24.4%€1.39M▲ 36.0%
Operating result€57k-€32k▼ 45.0%€52k▲ 65.4%€-9k€40k
Net result€43k-€28k▼ 34.8%€36k▲ 28.6%€-9k€23k
EBIT margin4.4%6.3%▲ 1.9pp-0.9%▼ 7.2pp2.8%▲ 3.8pp
Equity€46k-€73k▲ 60.9%€109k▲ 48.7%€100k▼ 8.2%€123k▲ 23.2%
Total assets€66k-€106k▲ 61.6%€168k▲ 58.3%€146k▼ 13.1%€144k▼ 1.2%
Debt€20k-€33k▲ 63.2%€59k▲ 79.6%€46k▼ 22.1%€21k▼ 54.0%
Working capital€25k-€39k▲ 54.2%€44k▲ 13.7%€40k▼ 8.0%€95k▲ 134%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €40k after a loss of €9k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144k
Fixed assets
€29k ▼ 53.4%
Current assets
€116k ▲ 37.0%
Equity and liabilities €144k
Equity
€123k ▲ 23.2%
Debt
€21k ▼ 54.0%
Debt's share of the balance-sheet total falls from 31.5% to 14.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▲
2023 · €23k
Cash flow
€56k▲
2023 · €23k
Current ratio
5.45▲
2023 · 1.91
Debt to equity
0.17▼
2023 · 0.46
ROE
18.8%▲
2023 · -8.9%
ROA
16.0%▲
2023 · -6.1%
Interest coverage
25.77▲
2023 · 10.17
Debt ≤ 1 year
€21k▼
2023 · €44k
Income taxes
€14k▲
2023 · €-3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €713k | €824k | €1.03M | €1.39M | ▲ 36.0% |
| Goods, raw materials, services and sundry goods60/61 | - | €674k | €752k | €1.01M | €1.33M | ▲ 31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €8k | €21k | €32k | €33k | ▲ 3.4% |
| Other operating charges640/8 | - | €1k | €4k | €5k | €3k | ▼ 37.0% |
| Gross operating margin9900 | €59k | €40k | €77k | €28k | €76k | ▲ 172% |
| Operating profit (loss)9901 | €57k | €32k | €52k | €-9k | €40k | ▲ 530% |
| Financial income75/76B | - | €1 | - | - | - | - |
| Recurring financial income75 | - | €1 | - | - | - | - |
| Financial charges65/66B | - | €1k | €896 | €2k | €3k | ▲ 26.8% |
| Recurring financial charges65 | €1k | €1k | €896 | €2k | €3k | ▲ 26.8% |
| Profit (loss) for the period before taxes9903 | €56k | €30k | €51k | €-11k | €37k | ▲ 422% |
| Income taxes67/77 | €14k | €2k | €16k | €-3k | €14k | ▲ 643% |
| Profit (loss) for the period9904 | €43k | €28k | €36k | €-9k | €23k | ▲ 359% |
| Profit (loss) for the period to be appropriated9905 | €43k | €28k | €36k | €-9k | €23k | ▲ 359% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €66k | €106k | €168k | €146k | €144k | ▼ 1.2% |
| Fixed assets21/28 | €21k | €35k | €71k | €62k | €29k | ▼ 53.4% |
| Tangible fixed assets22/27 | €21k | €35k | €71k | €62k | €29k | ▼ 53.4% |
| Furniture and vehicles24 | - | €35k | €71k | €62k | €29k | ▼ 53.4% |
| Current assets29/58 | €45k | €71k | €98k | €84k | €116k | ▲ 37.0% |
| Amounts receivable within one year40/41 | €43k | €70k | €74k | €83k | €104k | ▲ 25.9% |
| Trade receivables40 | - | €55k | €72k | €75k | €78k | ▲ 4.4% |
| Other amounts receivable41 | - | €15k | €3k | €8k | €26k | ▲ 228% |
| Cash at bank and in hand54/58 | €3k | €1k | €23k | €2k | €11k | ▲ 648% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €66k | €106k | €168k | €146k | €144k | ▼ 1.2% |
| Equity10/15 | €46k | €73k | €109k | €100k | €123k | ▲ 23.2% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Capital10 | - | €3k | €3k | €3k | €3k | = |
| Issued capital100 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €43k | €70k | €106k | €97k | €120k | ▲ 23.9% |
| Amounts payable17/49 | €20k | €33k | €59k | €46k | €21k | ▼ 54.0% |
| Amounts payable after more than one year17 | - | - | €5k | €2k | - | - |
| Financial debts170/4 | - | - | €5k | €2k | - | - |
| Amounts payable within one year42/48 | €20k | €33k | €54k | €44k | €21k | ▼ 51.9% |
| Current portion of amounts payable after more than one year42 | - | €13k | €12k | €17k | €2k | ▼ 88.3% |
| Financial debts43 | - | - | €5k | €5k | €10k | ▲ 94.7% |
| Credit institutions430/8 | - | - | €5k | €5k | €10k | ▲ 94.7% |
| Trade debts44 | - | €12k | €18k | - | - | - |
| Suppliers440/4 | - | €12k | €18k | - | - | - |
| Taxes, remuneration and social security45 | - | €6k | €19k | €22k | €10k | ▼ 57.5% |
| Taxes450/3 | - | €6k | €15k | €21k | €10k | ▼ 54.9% |
| Remuneration and social security454/9 | - | - | €4k | €1k | - | - |
| Other amounts payable47/48 | - | €2k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €28k | €36k | €-9k | €23k | ▲ 359% |
| + Depreciation and write-downs630 | €1k | €8k | €21k | €32k | €33k | ▲ 3.4% |
| Operating cash flow (approximation) | €44k | €35k | €56k | €23k | €56k | ▲ 145% |
| Investment in fixed assets (approximation) | - | €-22k | €-56k | €-23k | €0 | ▲ 100% |
| Change in cash | - | €-1k | €22k | €-22k | €10k | ▲ 145% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 122 days late
14-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 257 days late
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 5.45
Current ratio from 1.91 to 5.45; short-term debt falls from €44k to €21k.
2023
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 106 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 170 days late
2022
31-12
Financial
Equity above €100kEq €109k ▲48.7%
3 profitable years in a row build equity to €109k.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Koekelberg · 1 establishment unit since 2019
Ground area
859 m²
Building footprint
144 m²
Volume, LiDAR
1,361 m³
Parcel 21492B0463/00A000, Brussels · tallest building 19.6 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
WP
since 20192.307.891.603
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0463/00A000 | Brussels | 859 m² | 1 · 144 m² | 19.6 m · 4 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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 12,923 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
Founded15-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.