Losses
-€16,250 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
WR PROJECTS
Lifetime
3 annual accounts with figures on one time axispeak €3,634 (2023)
-€10,664▼ €9,757
lowest -€10,547 (2025)
-€10,547▼ €7,057
peak €22,788 (2023)
€8,750▼ 54.7%
€14,572▲ 12.0%
Board1 name since 2022
1 directorROUWENS Wim Paul Maria
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from -€907 to -€10,664Loss of €10,547Equity from €19,298 to €8,750Cash from €5,096 to €640
Key points
from the 2025 annual accountsLiquidity
1.60 was 2.48 in 2024
Short-term debts rose from €13,012 to €14,572.
Starting capital
€25,000 1,000 shares
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 22% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.3%▼ -0.4 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.3%▼ -0.1 percentage points vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 1.0%▲ +0.5 percentage points vs 09-2026highest value
11-2026: 1.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
1 change of registered office in 24 months
Loss of €10,547, the second in a row (financial year 2025)
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €23,322
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 68, micro). It does better than 55% of them on solvency, 16% on liquidity, 4% on profitability and 11% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as WR PROJECTS has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WR PROJECTS itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for WR PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.6 (2.48 in 2024), above the usual 1.5. Short-term debt is 62.5% and cash 2.7% of total assets. However, 62.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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
232425
2023 to 2025 · latest year -€10,547
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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 days early
2024
30 days early
2023
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 21 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 2 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Lievegem to Evergem
New registered office: Grovermansdreef 36, 9940 Evergem · Previous registered office: Molendreef 48, 9920 Lievegem (Lovendegem), België · Board meeting of 06-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0792973911
Incorporation
Founding capital of €25,000, 1,000 shares · Founder: ROUWENS Wim Paul Maria · Appointment: ROUWENS Wim Paul Maria (director) · published on 31-10-2022 · Gazette deed
First establishment
Grovermansdreef 36, Evergem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WR PROJECTS Evergem | €23,322 | -€10,664 | 37.5% | - |
| VAGR Schilde | €25,001 | -€551 | -4.5% | - |
| ASSEBROEK CONSTRUCT Tielt | €20,978 | -€1,978 | 9.4% | - |
| IMMO-TDU Plombières | €26,168 | -€1,080 | 65.2% | - |
| CARTERHA Mons | €19,647 | -€10,781 | 82.1% | - |
| Invest Consulting Business International Verviers | €19,382 | -€5,268 | 7.1% | - |
| Rochimmo Pal Rochefort | €28,666 | -€7,423 | 97.3% | - |
These companies have the same main activity as WR PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €19,400 and €28,700, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 27-10-2022Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.337.767.5049940 Evergem, since 27-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 12-10-2025
Annual accounts 2025
- €23,322▼ 27.8%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on WR PROJECTS
WR PROJECTS files the micro format. That format states no turnover. The gross margin fell from €3,634 in 2023 to -€10,664 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WR PROJECTS
- What is the company number of WR PROJECTS?
- The company number of WR PROJECTS is 0792.973.911. The VAT number is the same number with BE in front: BE 0792.973.911.
- Where is WR PROJECTS based?
- The registered office is at Grovermansdreef 36, 9940 Evergem.Company details
- What does WR PROJECTS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of WR PROJECTS?
- WR PROJECTS is a private limited company (BV).
- When was WR PROJECTS founded?
- WR PROJECTS was founded on 27-10-2022.
- Is WR PROJECTS still active?
- Yes, WR PROJECTS is an active enterprise in the KBO register.
- What is the turnover of WR PROJECTS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is WR PROJECTS profitable?
- In financial year 2025, WR PROJECTS made a loss of €10,547.
- Where can I find the annual accounts of WR PROJECTS?
- WR PROJECTS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WR PROJECTS due?
- WR PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.