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Generated 09-08-2026
Active BE 0685.971.924Private limited companyOpen bankruptcy

WS DEMOLITION

Rue de Maestricht 90 ·4651 Herve, Belgium· 8 yrs active
Sector: Specialised construction (43110)
Conclusion Checked

A bankruptcy procedure is open for WS DEMOLITION according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-129k) and a net result of €-125k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-129k
Net result €-125k
Staff (FTE) 17.1
Better than sector 7%
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency44Growth32Stability0
35 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 44
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 01-09-2023 with the NBB · fiscal year 2022 · micro
€-200k€-100k€0€100kOperating result 2018: €773€773Net result 2018: €-5k€-5kOperating result 2019: €-127k€-127kNet result 2019: €-142k€-142kOperating result 2020: €61k€61kNet result 2020: €-115k€-115kOperating result 2021: €94k€94kNet result 2021: €21k€21kOperating result 2022: €-39k€-39kNet result 2022: €-125k€-125k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -9.6% 36.4%
better than 7% of 6533 sector peers
Net result €-125k €12k
better than 5% of 6518 sector peers
Equity €-129k €26k
better than 5% of 6539 sector peers
Gross operating margin €1.02M €32k
better than 95% of 6512 sector peers
Staff costs €856k €26k
higher than 95% of 2486 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€102k
-63.7% -7% vs sector
Net profit
€-125k
- far below sector median
Cash flow
€16k
-92.2% -81% vs sector
Total assets
€1.34M
0.0% far above sector median
Equity
€-129k
-139.5% far below sector median
Working capital
€210
- -100% vs sector
Employees (FTE)
17
+7.5% far above sector median
Staff costs
€856k
+10.5% far above sector median
Income taxes
€335
-31.3% -99% vs sector
Debt
€1.47M
+5.4% far above sector median
Debt ≤ 1y
€982k
+10.2% far above sector median
Debt > 1y
€488k
-3.3% far above sector median
Current ratio
1.00
+3.0% -47% vs sector
Quick ratio
0.59
+7.3% -69% vs sector
Solvency
-9.6%
-139.6% far below sector median
Debt / equity
-11.42
+56.0% far below sector median
ROE
97.1%
- +133% vs sector
ROA
-9.3%
- far below sector median
Interest coverage
4.55
+16.4% -92% vs sector
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA€102k
Net profit€-125k
Cash flow€16k
Staff costs€856k
Income taxes€335
Dividends-
Total assets€1.34M
Equity€-129k
Debt€1.47M
of which ≤ 1y€982k
of which > 1y€488k
Working capital€210
Employees (FTE)17.1
Ratios (computed)
2022
Current ratio1.00
Quick ratio0.59
Working capital ratio0.0%
Solvency-9.6%
Debt / equity-11.42
Long-term debt ratio-3.78
Interest coverage4.55
Gross margin-
Net margin-
ROA-9.3%
ROE97.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€1.34M
Fixed assets 21/28€359k
Tangible fixed assets 22/27€359k
Financial fixed assets 28€333
Current assets 29/58€982k
Stocks & contracts in progress 3€406k
Amounts receivable within one year 40/41€542k
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.34M
Equity 10/15€-129k
Contributions / capital 10/11€90k
Accumulated profits (losses) 14€-219k
Amounts payable 17/49€1.47M
Amounts payable after one year 17€488k
Amounts payable within one year 42/48€982k
Trade debts payable within one year 44€372k
Income statement
Gross operating margin 9900€1.02M
Operating result 9901€-39k
Financial income 75€162
Financial charges 65€23k
Result before taxes 9903€-125k
Income taxes 67/77€335
Net result for the period 9904€-125k
Result to be appropriated 9905€-125k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator MARC GILSON
AVENUE DE SPA 5, 4800 VERVIERS-
 08-04-2024 → present Belgian State Gazette
Legal Structure
NACE primary Specialised construction(43110)
Legal form Private limited company(610)
Incorporation15-12-2017
StatusActive
Postal code4651
First BS signal 16-04-2024
Latest BS signal 16-04-2024
Company structure, linked entities1 linked entities
WS DEMOLITIONBE 0685.971.924MARC GILSONReceiver
Mandates
Establishment units 1 location
WS DEMOLITION
Rue de Maestricht 90, 4651 HerveSlopen
since 20172.271.393.966
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63015B0379/00P000 Wallonia 1.1 ha 1 · 1,092 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
16-04-2024
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · WS DEMOLITION SRL RUE DE MAESTRICHT 90, 4651 BATTICE · event 08-04-2024
2023
01-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
30-09-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
19-07-2022
State Gazette act Registered-office change
2021
01-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
17-12-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
06-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
Lifecycle & Insolvency Signals 1 events
16-04-2024
Bankruptcy Opening
Date: 08-04-2024 · Tribunal de l’entreprise de Liège, division Liège · WS DEMOLITION SRL RUE DE MAESTRICHT 90, 4651 BATTICE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-04-16 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Address history · 1
19-07-2022
Registered-office move
All acts · 1 updated 4 years ago
2022
19-07-2022 Registered office moved to Herve Registered-office change
  • Rue de Maestricht 90 à 4651 Herve
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rue de Maestricht 90 \u00E0 4651 Herve",
        "city": "Herve",
        "region": "waals_gewest",
        "street": "Rue de Maestricht",
        "country": "BE",
        "postcode": "4651",
        "box_number": null,
        "street_number": "90",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": "2022-05-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "inferred",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2022-05-01",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0685.971.924",
    "name_full": "WS DEMOLITION",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "JEAN WEIDEBACH",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [
    "Annexes du Moniteur belge",
    "Copie \u00E0 publier aux annexes au Moniteur belge apr\u00E8s d\u00E9p\u00F4t de l\u0027acte au greffe",
    "Mod DOC 19.01"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Slopen43110Slopen43110
Primary activity highlighted.
Names & trade names
Legal nameFR WS DEMOLITION
Registered office
Rue de Maestricht 90
4651 Herve, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative