Skip to content

WRight Estates

Active
Private limited companyfounded 2019active for 7 yearsOoigemstraat 47, 8760 Tielt, Belgium10 active companies are registered at this addressKBO/BCE: BE 0726.900.281
Summary

WRight Estates has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €436,830 and a net result of -€61,583. Equity is growing by about 23% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (2 days) Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00035610.

Equity
€436,830▼ 12.4%
2024 · €498,413
Total assets
€12.3m▲ 17.0%
2024 · €10.5m
Net result
-€61,583▲ 54.6%
2024 · -€135,548
Working capital
-€35,453▲ 93.1%
2024 · -€512,016
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result returns to profit in 2025: €114,472 after a loss of €25,732 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result-€0.06m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€0.01m-€0.01m▼ 26.2%€0.7m▲ 6,690%€0.2m▼ 64.2%-€0.03m€0.1m
Net result-€0.003m--€0.01m▼ 279%€0.5m€0.2m▼ 67.2%-€0.1m-€0.06m▲ 54.6%
Equity€0.02m-€0.007m▼ 57.3%€0.5m▲ 6,354%€0.6m▲ 32.3%€0.5m▼ 21.4%€0.4m▼ 12.4%
Total assets€3.9m-€6.0m▲ 54.6%€4.5m▼ 24.7%€9.3m▲ 105%€10.5m▲ 12.7%€12.3m▲ 17.0%
Debt€3.9m-€6.0m▲ 55.1%€4.0m▼ 32.6%€8.7m▲ 114%€10.0m▲ 15.2%€11.8m▲ 18.4%
Working capital€2.1m-€2.4m▲ 12.0%€2.4m▲ 1.0%€2.0m▼ 18.5%-€0.5m-€0.04m▲ 93.1%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.3m
Fixed assets €5.2m ▲ 18.3%
Current assets €7.0m ▲ 16.0%
Equity and liabilities €12.3m
Equity €436,830 ▼ 12.4%
Debt €11.8m ▲ 18.4%
Debt's share of the balance-sheet total rises from 95.2% to 96.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€125,739▲
2024 · -€22,169
Cash flow
-€50,316▲
2024 · -€131,985
Current ratio
0.99▲
2024 · 0.92
Quick ratio
0.07▼
2024 · 0.08
Debt to equity
27.06▲
2024 · 20.02
ROE
-14.1%▲
2024 · -27.2%
ROA
-0.5%▲
2024 · -1.3%
Interest coverage
0.70▲
2024 · -0.17
Debt ≤ 1 year
€7.1m▲
2024 · €6.6m
Debt > 1 year
€4.6m▲
2024 · €3.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 403 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.3% are still going.

  • Medium-sized
  • solvency under 10%
  • a small loss
  • without age
1.0% went bankrupt
2.7% stopped otherwise
96.3% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 403 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 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€10.5m€12.3m▲
Fixed assets21/28€4.4m€5.2m▲
Tangible fixed assets22/27€0.4m€1.2m▲
Land and buildings22€0.4m€1.2m▲
Financial fixed assets28€4.0m€4.0m=
Current assets29/58€6.1m€7.0m▲
Stocks and contracts in progress3€5.5m€6.5m▲
Stocks30/36€5.5m€6.5m▲
Amounts receivable within one year40/41€0.5m€0.4m▼
Trade receivables40€0.003m€0.001m▼
Other amounts receivable41€0.5m€0.4m▼
Cash at bank and in hand54/58€0.06m€0.1m▲
Deferred charges and accrued income490/1€0.01m€0.007m▼
Equity and liabilities
Total equity and liabilities10/49€10.5m€12.3m▲
Equity10/15€0.5m€0.4m▼
Contributions10/11€0.02m€0.02m=
Reserves13€0.6m€0.6m=
Distributable reserves133€0.6m€0.6m=
Profit (loss) carried forward14-€0.1m-€0.2m▼
Amounts payable17/49€10.0m€11.8m▲
Amounts payable after more than one year17€3.3m€4.6m▲
Financial debts170/4€3.3m€4.6m▲
Amounts payable within one year42/48€6.6m€7.1m▲
Current portion of amounts payable after more than one year42€0.03m€0▼
Financial debts43€0.3m€0▼
Credit institutions430/8€0.3m€0▼
Trade debts44€250€0.01m▲
Suppliers440/4€250€0.01m▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€6.2m€7.1m▲
Accrued charges and deferred income492/3€0.07m€0.1m▲
Income statement Code20242025
Non-recurring operating income76A€0.006m€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.004m€0.01m▲
Other operating charges640/8€0.03m€0.05m▲
Gross operating margin9900€0.004m€0.2m▲
Operating profit (loss)9901-€0.03m€0.1m▲
Financial income75/76B€0.02m€0.004m▼
Recurring financial income75€0.02m€0.004m▼
Financial charges65/66B€0.1m€0.2m▲
Recurring financial charges65€0.1m€0.2m▲
Profit (loss) for the period before taxes9903-€0.1m-€0.06m▲
Income taxes67/77€0-
Profit (loss) for the period9904-€0.1m-€0.06m▲
Profit (loss) for the period to be appropriated9905-€0.1m-€0.06m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m-€0.2m▼
Profit (loss) brought forward from the previous period14P--€0.1m
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Non-recurring operating income76A----€5,869€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,019-€3,894€3,894€3,563€11,267▲ 216%
Other operating charges640/8--€20,425€54,752€26,014€53,950▲ 107%
Gross operating margin9900€37,300€32,341€680,374€293,203€3,844€179,689▲ 4,574%
Operating profit (loss)9901€13,084€9,663€656,055€234,557-€25,732€114,472-
Financial income75/76B--€1,035€16,991€21,171€3,744▼ 82.3%
Recurring financial income75€293-€1,035€16,991€21,171€3,744▼ 82.3%
Financial charges65/66B--€32,346€45,097€130,987€179,799▲ 37.3%
Recurring financial charges65€16,001€19,615€32,346€45,097€130,987€179,799▲ 37.3%
Profit (loss) for the period before taxes9903-€2,624-€9,952€624,743€206,450-€135,548-€61,583▲ 54.6%
Income taxes67/77--€153,041€51,616€0--
Profit (loss) for the period9904-€2,624-€9,952€471,703€154,834-€135,548-€61,583▲ 54.6%
Profit (loss) for the period to be appropriated9905-€2,624-€9,952€471,703€154,834-€135,548-€61,583▲ 54.6%
Line202020212022202320242025Change
Assets
Total assets20/58€3.9m€6.0m€4.5m€9.3m€10.5m€12.3m▲ 17.0%
Fixed assets21/28--€0.2m€3.9m€4.4m€5.2m▲ 18.3%
Tangible fixed assets22/27--€0.2m€0.1m€0.4m€1.2m▲ 204%
Land and buildings22--€0.2m€0.1m€0.4m€1.2m▲ 204%
Financial fixed assets28---€3.7m€4.0m€4.0m=
Current assets29/58€3.9m€6.0m€4.4m€5.4m€6.1m€7.0m▲ 16.0%
Stocks and contracts in progress3€3.8m€5.7m€3.6m€4.2m€5.5m€6.5m▲ 18.5%
Stocks30/36--€3.6m€4.2m€5.5m€6.5m▲ 18.5%
Amounts receivable within one year40/41€0.07m€0.1m€0.8m€1.0m€0.5m€0.4m▼ 18.1%
Trade receivables40---€0.001m€0.003m€0.001m▼ 59.1%
Other amounts receivable41--€0.8m€1.0m€0.5m€0.4m▼ 17.8%
Cash at bank and in hand54/58€0.004m€0.2m€0.04m€0.2m€0.06m€0.1m▲ 63.7%
Deferred charges and accrued income490/1--€0.001m€0.002m€0.01m€0.007m▼ 28.0%
Equity and liabilities
Total equity and liabilities10/49€3.9m€6.0m€4.5m€9.3m€10.5m€12.3m▲ 17.0%
Equity10/15€0.02m€0.007m€0.5m€0.6m€0.5m€0.4m▼ 12.4%
Contributions10/11--€0.02m€0.02m€0.02m€0.02m=
Reserves13--€0.5m€0.6m€0.6m€0.6m=
Distributable reserves133--€0.5m€0.6m€0.6m€0.6m=
Profit (loss) carried forward14-€0.003m-€0.01m---€0.1m-€0.2m▼ 45.4%
Amounts payable17/49€3.9m€6.0m€4.0m€8.7m€10.0m€11.8m▲ 18.4%
Amounts payable after more than one year17€2.1m€2.4m€2.1m€5.2m€3.3m€4.6m▲ 38.9%
Financial debts170/4--€2.1m€5.2m€3.3m€4.6m▲ 38.9%
Amounts payable within one year42/48€1.8m€3.6m€2.0m€3.5m€6.6m€7.1m▲ 7.5%
Current portion of amounts payable after more than one year42---€0.4m€0.03m€0▼ 100%
Financial debts43--€485-€0.3m€0▼ 100%
Credit institutions430/8--€485-€0.3m€0▼ 100%
Trade debts44€0.001m-€0.008m€100€250€0.01m▲ 4,048%
Suppliers440/4--€0.008m€100€250€0.01m▲ 4,048%
Taxes, remuneration and social security45--€0.2m€0.002m€0--
Taxes450/3--€0.2m€0.002m€0--
Other amounts payable47/48--€1.8m€3.1m€6.2m€7.1m▲ 13.2%
Accrued charges and deferred income492/3--€0.005m€0.01m€0.07m€0.1m▲ 73.6%
Line202020212022202320242025Change
Profit (loss) for the period9904-€0.003m-€0.01m€0.5m€0.2m-€0.1m-€0.06m▲ 54.6%
+ Depreciation and write-downs630€0.001m-€0.004m€0.004m€0.004m€0.01m▲ 216%
Operating cash flow (approximation)-€0.002m-€0.01m€0.5m€0.2m-€0.1m-€0.05m▲ 61.9%
Investment in fixed assets (approximation)----€3.7m-€0.6m-€0.8m▼ 48.0%
Change in cash-€0.2m-€0.1m€0.1m-€0.1m€0.04m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
30-06-2025 abbreviated format 02-02-2026 2026-00035610
30-06-2024 abbreviated format 20-01-2025 2025-00007397
30-06-2023 abbreviated format 31-01-2024 2024-00015928
30-06-2022 abbreviated format 31-01-2023 2023-00021417
30-06-2021 abbreviated format 01-02-2022 2022-05100091
30-06-2020 abbreviated format 29-01-2021 2021-03900026

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.