WPD BELGIUM
ActiveSummary
WPD BELGIUM has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.17M) and a net result of €-781k. Its solvency ranks better than 5% of 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32
Track record82
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 1.08 in 2024; short-term debt: 339.9% and cash: 66.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-242%
Return on assets
-161.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-1.17M
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 23-07-2026, 8 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-781k▼ 97.1%
2024 · €-397k
2024: €-397k
2025: €-781k▼ -97.1% vs 2024
2024 → 2025
Working capital
€-1.20M
2024 · €16k
2024: €16k
2025: €-1.20M▼ -7726% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€-387k-€-1.17M▼ 202%
2024: €-387k
2025: €-1.17M▼ -202% vs 2024
Operating result€-390k-€-751k▼ 92.4%
2024: €-390k
2025: €-751k▼ -92.4% vs 2024
Net result€-397k-€-781k▼ 97.1%
2024: €-397k
2025: €-781k▼ -97.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €751k in 2025 against €390k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €481k
Fixed assets
€39k ▲ 2,823%
Current assets
€442k ▲ 100%
Key figures and ratios
EBITDA
€-748k▼
2024 · €-390k
Cash flow
€-778k▼
2024 · €-396k
Solvency
-242.0%▼
2024 · -172.1%
Current ratio
0.27▼
2024 · 1.08
Debt to equity
-1.41▲
2024 · -1.58
ROA
-161.9%▲
2024 · -176.6%
Interest coverage
-24.09▲
2024 · -62.45
Debt
€1.65M▲
2024 · €611k
Debt ≤ 1 year
€1.64M▲
2024 · €205k
Income taxes
€531▲
2024 · €188
Staff costs
€417k▲
2024 · €171k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€225k€483k▲
Formation expenses20€2k€2k▼
Fixed assets21/28€1k€39k▲
Tangible fixed assets22/27-€37k
Plant, machinery and equipment23-€36k
Furniture and vehicles24-€966
Financial fixed assets28€1k€2k▲
Current assets29/58€221k€442k▲
Amounts receivable within one year40/41€117k€122k▲
Trade receivables40€86k€107k▲
Other amounts receivable41€31k€15k▼
Cash at bank and in hand54/58€104k€320k▲
Deferred charges and accrued income490/1€79€1k▲
Equity and liabilities
Total equity and liabilities10/49€225k€483k▲
Equity10/15€-387k€-1.17M▼
Contributions10/11€10k€10k=
Outside capital11€10k€10k=
Other1109/19€10k€10k=
Profit (loss) carried forward14€-397k€-1.18M▼
Amounts payable17/49€611k€1.65M▲
Amounts payable after more than one year17€400k-
Financial debts170/4€400k-
Amounts payable within one year42/48€205k€1.64M▲
Current portion of amounts payable after more than one year42-€1.26M
Trade debts44€152k€325k▲
Suppliers440/4€152k€325k▲
Taxes, remuneration and social security45€54k€56k▲
Taxes450/3€13k€531▼
Remuneration and social security454/9€41k€55k▲
Accrued charges and deferred income492/3€6k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€171k€417k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€460€3k▲
Other operating charges640/8€150€1k▲
Gross operating margin9900€-219k€-330k▼
Operating profit (loss)9901€-390k€-751k▼
Financial income75/76B-€833
Recurring financial income75-€833
Financial charges65/66B€6k€31k▲
Recurring financial charges65€6k€31k▲
Profit (loss) for the period before taxes9903€-396k€-781k▼
Income taxes67/77€188€531▲
Profit (loss) for the period9904€-397k€-781k▼
Profit (loss) for the period to be appropriated9905€-397k€-781k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-397k€-1.18M▼
Profit (loss) brought forward from the previous period14P-€-397k
Social balance
Average headcount (FTE)90872.03.0▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €171k | €417k | ▲ 144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €460 | €3k | ▲ 561% |
| Other operating charges640/8 | €150 | €1k | ▲ 817% |
| Gross operating margin9900 | €-219k | €-330k | ▼ 50.6% |
| Operating profit (loss)9901 | €-390k | €-751k | ▼ 92.4% |
| Financial income75/76B | - | €833 | - |
| Recurring financial income75 | - | €833 | - |
| Financial charges65/66B | €6k | €31k | ▲ 397% |
| Recurring financial charges65 | €6k | €31k | ▲ 397% |
| Profit (loss) for the period before taxes9903 | €-396k | €-781k | ▼ 97.0% |
| Income taxes67/77 | €188 | €531 | ▲ 183% |
| Profit (loss) for the period9904 | €-397k | €-781k | ▼ 97.1% |
| Profit (loss) for the period to be appropriated9905 | €-397k | €-781k | ▼ 97.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €225k | €483k | ▲ 115% |
| Formation expenses20 | €2k | €2k | ▼ 24.1% |
| Fixed assets21/28 | €1k | €39k | ▲ 2,823% |
| Tangible fixed assets22/27 | - | €37k | - |
| Plant, machinery and equipment23 | - | €36k | - |
| Furniture and vehicles24 | - | €966 | - |
| Financial fixed assets28 | €1k | €2k | ▲ 28.3% |
| Current assets29/58 | €221k | €442k | ▲ 100% |
| Amounts receivable within one year40/41 | €117k | €122k | ▲ 4.3% |
| Trade receivables40 | €86k | €107k | ▲ 24.4% |
| Other amounts receivable41 | €31k | €15k | ▼ 51.9% |
| Cash at bank and in hand54/58 | €104k | €320k | ▲ 206% |
| Deferred charges and accrued income490/1 | €79 | €1k | ▲ 1,209% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €225k | €483k | ▲ 115% |
| Equity10/15 | €-387k | €-1.17M | ▼ 202% |
| Contributions10/11 | €10k | €10k | = |
| Outside capital11 | €10k | €10k | = |
| Other1109/19 | €10k | €10k | = |
| Profit (loss) carried forward14 | €-397k | €-1.18M | ▼ 197% |
| Amounts payable17/49 | €611k | €1.65M | ▲ 170% |
| Amounts payable after more than one year17 | €400k | - | - |
| Financial debts170/4 | €400k | - | - |
| Amounts payable within one year42/48 | €205k | €1.64M | ▲ 699% |
| Current portion of amounts payable after more than one year42 | - | €1.26M | - |
| Trade debts44 | €152k | €325k | ▲ 114% |
| Suppliers440/4 | €152k | €325k | ▲ 114% |
| Taxes, remuneration and social security45 | €54k | €56k | ▲ 3.7% |
| Taxes450/3 | €13k | €531 | ▼ 95.8% |
| Remuneration and social security454/9 | €41k | €55k | ▲ 34.0% |
| Accrued charges and deferred income492/3 | €6k | €10k | ▲ 73.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-397k | €-781k | ▼ 97.1% |
| + Depreciation and write-downs630 | €460 | €3k | ▲ 561% |
| Operating cash flow (approximation) | €-396k | €-778k | ▼ 96.5% |
| Investment in fixed assets (approximation) | - | €-40k | - |
| Change in cash | - | €215k | - |
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
Next filing, fiscal year 2026, expected by
2026
27-08
State Gazette act
Resignation: Ben Bisenius (director)Director discharge3 facts ▸
State Gazette act
Resignation: Ben Bisenius (director)
Director discharge3 facts ▸
- General meeting, 30-06-2026
- Director resignation, Ben Bisenius (director)
- Director discharge, Ben Bisenius
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
State Gazette actNBB filing
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-06-2026
Resigned as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2024
Ground area
6,847 m²
Building footprint
4,033 m²
Volume, LiDAR
75,492 m³
Parcel 62814C0447/00E000, Wallonia · tallest building 29.5 m, ±7 floors. Linked by address, not a title deed.
56
companies at this address
See who is registered here
1 establishment unit
WPD BELGIUM
since 20242.356.708.040
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0447/00E000 | Wallonia | 6,847 m² | 1 · 4,033 m² | 29.5 m · 7 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 11,546 companies in sector 71121 we hold annual accounts for 6,561. 1,154 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.