WP-Development
ActiveSummary
WP-Development has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-14k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▲+20
Solvency33▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.15 in 2024; short-term debt: 92.4% and cash: 0.1% of total assets), and 92.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 10 filingsDeviation from the deadline
2025
12 d late
2024
64 d late
2023
27 d late
2022
22 d late
2021
2 d early
2020
6 d late
2019
48 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▼ 15.8%
2024 · €88k
2018: €-8k
2019: €17k
2020: €59k
2021: €62k
2022: €149k
2023: €151k
2024: €88k
2018 → 2025
Total assets
€980k▲ 48.4%
2024 · €660k
2018: €425k
2019: €312k
2020: €497k
2021: €454k
2022: €396k
2023: €523k
2024: €660k
2018 → 2025
Net result
€-14k▲ 77.7%
2024 · €-63k
2018: €-13k
2019: €25k
2020: €42k
2021: €3k
2022: €88k
2023: €2k
2024: €-63k
2018 → 2025
Working capital
€72k▼ 16.3%
2024 · €86k
2018: €1k
2019: €35k
2020: €59k
2021: €62k
2022: €149k
2023: €148k
2024: €86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€149k▲ 141%€151k▲ 1.2%€88k▼ 41.5%€74k▼ 15.8%
Operating result€5k-€94k▲ 1,611%€9k▼ 90.7%€-51k€4k
Net result€3k-€88k▲ 3,019%€2k▼ 97.9%€-63k€-14k▲ 77.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €51k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €980k
Fixed assets
€3k =
Current assets
€977k ▲ 48.6%
Equity and liabilities €980k
Equity
€74k ▼ 15.8%
Debt
€906k ▲ 58.3%
The debt ratio rises from 86.6% to 92.4%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.08▼
2024 · 1.15
Quick ratio
0.27▲
2024 · 0.01
Debt / equity
12.16▲
2024 · 6.47
ROE
-18.8%▲
2024 · -71.0%
ROA
-1.4%▲
2024 · -9.5%
Debt ≤ 1 year
€906k▲
2024 · €572k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€660k€980k▲
Fixed assets21/28€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€658k€977k▲
Stocks and contracts in progress3€651k€736k▲
Stocks30/36€651k€736k▲
Amounts receivable within one year40/41€5k€241k▲
Trade receivables40-€235k
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€660k€980k▲
Equity10/15€88k€74k▼
Contributions10/11€19k€19k=
Reserves13€70k€56k▼
Tax-exempt reserves132€2k€2k=
Distributable reserves133€68k€54k▼
Amounts payable17/49€572k€906k▲
Amounts payable within one year42/48€572k€906k▲
Trade debts44€68k€273k▲
Suppliers440/4€68k€273k▲
Taxes, remuneration and social security45€668-
Taxes450/3€668-
Other amounts payable47/48€503k€633k▲
Accrued charges and deferred income492/3-€23
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€27k€5k▼
Other operating charges640/8€505€520▲
Gross operating margin9900€-23k€10k▲
Operating profit (loss)9901€-51k€4k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€12k€18k▲
Recurring financial charges65€12k€18k▲
Profit (loss) for the period before taxes9903€-63k€-14k▲
Profit (loss) for the period9904€-63k€-14k▲
Profit (loss) for the period to be appropriated9905€-63k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-14k▲
Transfer from equity791/2€63k€14k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
31-12
Financial
Weakest financial yearnet €-63k ▼3561%
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Equity above €150kEq €151k ▲1.2%
5 profitable years in a row build equity to €151k.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Highest result since 2018net €88k ▲3019%
Operating result €94k, net result €88k, both a record.
31-12
Financial
Equity above €100kEq €149k ▲141%
4 profitable years in a row build equity to €149k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Edegem · 1 establishment unit since 1951
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prins Boudewijnlaan 2182650 EdegemGround area
8,013 m²
Building footprint
393 m²
Volume, LiDAR
2,881 m³
Parcel 11472C0195/00X000, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Prins Boudewijnlaan 218, 2650 Edegem
since 19512.005.464.112
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0195/00X000 | Flanders | 8,013 m² | 1 · 393 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,232 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.