WTC Construct

Active

Private limited companyfounded 20206 yrs activeVandernootstraat 17, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0750.745.257

Summary

The computed 12-month bankruptcy probability of WTC Construct is 3.8% (moderate). The 2025 annual accounts show equity of €20k and a net result of €294. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 27965 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

WTC ConstructActiveChecked score 57/100

Risk analysis Report Compare

Checked score

Score 2025

57 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability69▼-2

Solvency62▼-38

Growth78=

Track record100

Bankruptcy probability, 12 months

3.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 21.37 against 5.73 in 2024; short-term debt: 2.3% and cash: 11% of total assets), but 62.8% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

37.2%

Return on assets

0.5%

Age of the figures

9 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 6 filings

Deviation from the deadline

2025

10 d late

2024

2 d early

2023

12 d late

2022

21 d early

2021

13 d early

2020

24 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€20k▲ 1.5%

2024 · €20k

2020: €6klowest in 6 years 2021: €7k▲ +9.7% vs 2020 2022: €17k▲ +143% vs 2021 2023: €19k▲ +16.0% vs 2022 2024: €20k▲ +1.8% vs 2023 2025: €20k▲ +1.5% vs 2024highest in 6 years

2020 → 2025

Total assets

€54k▲ 135%

2024 · €23k

2020: €14klowest in 6 years 2021: €17k▲ +16.0% vs 2020 2022: €30k▲ +79.6% vs 2021 2023: €30k▲ +0.1% vs 2022 2024: €23k▼ -23.3% vs 2023 2025: €54k▲ +135% vs 2024highest in 6 years

2020 → 2025

Net result

€294▼ 16.7%

2024 · €353

2020: €280lowest in 6 years 2021: €607▲ +117% vs 2020 2022: €10k▲ +1523% vs 2021highest in 6 years 2023: €3k▼ -72.9% vs 2022 2024: €353▼ -86.8% vs 2023 2025: €294▼ -16.7% vs 2024

2020 → 2025

Working capital

€25k▲ 63.9%

2024 · €15k

2020: €6k 2021: €2k▼ -57.4% vs 2020lowest in 6 years 2022: €12k▲ +416% vs 2021 2023: €13k▲ +5.1% vs 2022 2024: €15k▲ +18.6% vs 2023 2025: €25k▲ +63.9% vs 2024highest in 6 years

2020 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€7k-€17k▲ 143%€19k▲ 16.0%€20k▲ 1.8%€20k▲ 1.5% 2021: €7klowest in 5 years 2022: €17k▲ +143% vs 2021 2023: €19k▲ +16.0% vs 2022 2024: €20k▲ +1.8% vs 2023 2025: €20k▲ +1.5% vs 2024highest in 5 years

Operating result€740-€14k▲ 1,774%€4k▼ 73.1%€779▼ 79.2%€487▼ 37.5% 2021: €740 2022: €14k▲ +1774% vs 2021highest in 5 years 2023: €4k▼ -73.1% vs 2022 2024: €779▼ -79.2% vs 2023 2025: €487▼ -37.5% vs 2024lowest in 5 years

Net result€607-€10k▲ 1,523%€3k▼ 72.9%€353▼ 86.8%€294▼ 16.7% 2021: €607 2022: €10k▲ +1523% vs 2021highest in 5 years 2023: €3k▼ -72.9% vs 2022 2024: €353▼ -86.8% vs 2023 2025: €294▼ -16.7% vs 2024lowest in 5 years

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2025 is 38% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €54k

51.7%

48.3%

Fixed assets €28k ▲ 508%

Current assets €26k ▲ 41.9%

Equity and liabilities €54k

37.2%

62.8%

Equity €20k ▲ 1.5%

Debt €34k ▲ 957%

Debt's share of the balance-sheet total rises from 14.0% to 62.8%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€4k▲

2024 · €4k

Cash flow

€4k▲

2024 · €3k

Current ratio

21.37▲

2024 · 5.73

Debt to equity

1.69▲

2024 · 0.16

ROE

1.5%▼

2024 · 1.8%

ROA

0.5%▼

2024 · 1.5%

Interest coverage

21.93▲

2024 · 16.89

Debt ≤ 1 year

€1k▼

2024 · €3k

Debt > 1 year

€33k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines

Balance sheet Code20242025

Assets

Total assets20/58€23k€54k▲

Fixed assets21/28€5k€28k▲

Tangible fixed assets22/27€5k€28k▲

Plant, machinery and equipment23€1k€24k▲

Furniture and vehicles24€3k€4k▲

Current assets29/58€18k€26k▲

Amounts receivable within one year40/41€9k€18k▲

Trade receivables40€5k€14k▲

Other amounts receivable41€4k€5k▲

Cash at bank and in hand54/58€8k€6k▼

Deferred charges and accrued income490/1€2k€2k▼

Equity and liabilities

Total equity and liabilities10/49€23k€54k▲

Equity10/15€20k€20k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€14k€14k▲

Amounts payable17/49€3k€34k▲

Amounts payable after more than one year17-€33k

Other amounts payable178/9-€33k

Amounts payable within one year42/48€3k€1k▼

Taxes, remuneration and social security45€2k-

Taxes450/3€900-

Remuneration and social security454/9€2k-

Other amounts payable47/48€809€1k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲

Other operating charges640/8€488€615▲

Gross operating margin9900€4k€5k▲

Operating profit (loss)9901€779€487▼

Financial charges65/66B€227€192▼

Recurring financial charges65€227€192▼

Profit (loss) for the period before taxes9903€552€294▼

Income taxes67/77€199-

Profit (loss) for the period9904€353€294▼

Profit (loss) for the period to be appropriated9905€353€294▼

Appropriation of the result

Profit (loss) to be appropriated9906€14k€14k▲

Profit (loss) brought forward from the previous period14P€13k€14k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€665	€2k	€3k	€3k	€4k	▲ 22.2%
Other operating charges640/8	€672	€999	€594	€488	€615	▲ 26.0%
Gross operating margin9900	€2k	€17k	€8k	€4k	€5k	▲ 11.9%
Operating profit (loss)9901	€740	€14k	€4k	€779	€487	▼ 37.5%
Financial charges65/66B	€91	€585	€354	€227	€192	▼ 15.2%
Recurring financial charges65	€91	€585	€354	€227	€192	▼ 15.2%
Profit (loss) for the period before taxes9903	€649	€13k	€3k	€552	€294	▼ 46.7%
Income taxes67/77	€42	€3k	€712	€199	-	-
Profit (loss) for the period9904	€607	€10k	€3k	€353	€294	▼ 16.7%
Profit (loss) for the period to be appropriated9905	€607	€10k	€3k	€353	€294	▼ 16.7%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€17k	€30k	€30k	€23k	€54k	▲ 135%
Fixed assets21/28	€5k	€5k	€7k	€5k	€28k	▲ 508%
Tangible fixed assets22/27	€5k	€5k	€7k	€5k	€28k	▲ 508%
Plant, machinery and equipment23	€4k	€4k	€3k	€1k	€24k	▲ 2,020%
Furniture and vehicles24	€978	€713	€4k	€3k	€4k	▲ 23.3%
Current assets29/58	€12k	€25k	€23k	€18k	€26k	▲ 41.9%
Stocks and contracts in progress3	€106	-	-	-	-	-
Stocks30/36	€106	-	-	-	-	-
Amounts receivable within one year40/41	€8k	€9k	€18k	€9k	€18k	▲ 107%
Trade receivables40	€5k	€7k	€16k	€5k	€14k	▲ 171%
Other amounts receivable41	€3k	€3k	€3k	€4k	€5k	▲ 20.9%
Cash at bank and in hand54/58	€3k	€15k	€3k	€8k	€6k	▼ 21.2%
Deferred charges and accrued income490/1	€744	€872	€2k	€2k	€2k	▼ 2.3%
Equity and liabilities
Total equity and liabilities10/49	€17k	€30k	€30k	€23k	€54k	▲ 135%
Equity10/15	€7k	€17k	€19k	€20k	€20k	▲ 1.5%
Contributions10/11	€6k	€6k	€6k	€6k	€6k	=
Profit (loss) carried forward14	€887	€11k	€13k	€14k	€14k	▲ 2.1%
Amounts payable17/49	€10k	€13k	€11k	€3k	€34k	▲ 957%
Amounts payable after more than one year17	-	-	-	-	€33k	-
Other amounts payable178/9	-	-	-	-	€33k	-
Amounts payable within one year42/48	€10k	€13k	€11k	€3k	€1k	▼ 61.9%
Trade debts44	€3k	€3k	€2k	-	-	-
Suppliers440/4	€3k	€3k	€2k	-	-	-
Taxes, remuneration and social security45	€42	€5k	€4k	€2k	-	-
Taxes450/3	€42	€3k	€4k	€900	-	-
Remuneration and social security454/9	-	€1k	-	€2k	-	-
Other amounts payable47/48	€7k	€5k	€5k	€809	€1k	▲ 51.0%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€607	€10k	€3k	€353	€294	▼ 16.7%
+ Depreciation and write-downs630	€665	€2k	€3k	€3k	€4k	▲ 22.2%
Operating cash flow (approximation)	€1k	€12k	€6k	€3k	€4k	▲ 18.2%
Investment in fixed assets (approximation)	-	€-2k	€-6k	€-1k	€-27k	▼ 2,554%
Change in cash	-	€12k	€-12k	€4k	€-2k	▼ 139%

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

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

10-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 10 days late

2025

31-12

Financial Liquidity quadruplescurrent ratio 21.37

Current ratio from 5.73 to 21.37; short-term debt falls from €3k to €1k.

29-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Liquidity triplescurrent ratio 5.73

Current ratio from 2.21 to 5.73; short-term debt falls from €11k to €3k.

12-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 12 days late

2023

10-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2020net €10k ▲1,523%

Operating result €14k, net result €10k, both a record.

18-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

07-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

2 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, Sint-Jans-Molenbeek · 1 establishment unit since 2020

seat establishment The establishment unit on the map

Ground area

576 m²

Building footprint

285 m²

Volume, LiDAR

2,214 m³

2 parcels, Brussels, Flanders · tallest building 15.1 m, ±3 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

WTC Construct

Eugeen Vander Aastraat 64, 1831 Machelen (Brab.)Manufacture of metal structures and parts of structures

since 20202.304.838.972

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23015C0353/00E007	Flanders	351 m²	1 · 168 m²	13.2 m · 3 fl.
21012A0090/00H002	Brussels	225 m²	1 · 117 m²	15.1 m · 3 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

VITAL,Entreprise générale

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DAKWERKEN RM TOITURES

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Of 7,289 companies in sector 43350 we hold annual accounts for 2,362. 1,765 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded16-07-2020

Fiscal year end31-12

Activities, NACEBEL 2025

43350Other building finishing work

43990Other specialised construction activities

Scores and ratios are computed by Checked and are not a credit decision.