Equity
€21,363 ▲ 223%
WTR PHL has made a profit in every financial year since 2019.
WTR PHL
Lifetime
7 annual accounts with figures on one time axispeak €71,780 (2025)
€71,780▲ 45.1%
peak €30,286 (2024)
€14,745▼ 51.3%
peak €21,363 (2025)
€21,363▲ 223%
€723,230▲ 486%
Board1 name since 2019
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €49,474 to €71,780Result from €30,286 to €14,745Equity from €6,618 to €21,363Debts from €123,519 to €723,230Investments €639,866Cash from €2,514 to €22,246
Key points
from the 2025 annual accountsDebts
€723,230 97% of the balance sheet
Financial debts 25%Suppliers 3%Taxes and wages 4%Other 68%
Of this, €159,739 falls due within a year.
Investments
€644,263 17.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.47 was 0.93 in 2024
Short-term debts rose from €68,133 to €159,739.
Filings
7 annual accounts 6 late
The 2020 accounts came latest: 166 days after the end of the period.
Position in the sector
2.9%
Lower solvency than 89% of companies in head offices and management consultancy. Sector median 55.5% · 41,211 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,603 companies had the same profile as WTR PHL has now. Each dot stands for 5 companies, two years later.
96.0%
were still trading
1.8%
stopped another way
1.9%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,603 companies, not a prediction for WTR PHL. 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
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Signals
Board and ownership
Director
- founderdeed of 08-05-2019
- 100 sharesdeed of 08-05-2019
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Gent
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0726459526
Registered office moved from Ghent to Ledeberg
New registered office: Ijzerweglaan 5 te 9050 Ledeberg · Previous registered office: Gustaaf Callierlaan 91/002 te 9000 Gent · General meeting of 07-12-2022 · Gazette deed
Registered office moved from Zwijnaarde to Ghent
New registered office: Gustaaf Callierlaan 91/002 te 9000 Gent · Previous registered office: Leebeekstraat 17A te 9052 Zwijnaarde · General meeting of 15-09-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WTR PHL Ghent | €744,592 | €71,780 | 2.9% | - |
| STC Engineering / Consulting Beveren-Kruibeke-Zwijndrecht | €661,408 | €67,361 | 20.8% | - |
| VB MANAGEMENT Sint-Martens-Latem | €635,806 | €67,475 | -0.4% | - |
| Building your dreams Ghent | €774,328 | €88,957 | -29.7% | - |
| IMMO EDDY Lochristi | €619,573 | €64,380 | -21.0% | - |
| THE PRODUCTION COMPANY Maldegem | €874,543 | €66,365 | 0.3% | - |
| CITY RENTALS Brussels | €688,108 | €71,451 | 6.5% | - |
These companies have the same main activity as WTR PHL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €620,000 and €875,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 06-05-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Establishment unit
- 2.289.296.1099000 Ghent, since 06-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 08-04-2025
Insights on WTR PHL
WTR PHL files the micro format. That format states no turnover. The gross margin rose from €9,343 in 2019 to €71,780 in 2025.
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
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 WTR PHL
- What is the company number of WTR PHL?
- The company number of WTR PHL is 0726.459.526. The VAT number is the same number with BE in front: BE 0726.459.526.
- Where is WTR PHL based?
- The registered office is at Ijzerweglaan 5, 9050 Ghent.Company details
- What does WTR PHL do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of WTR PHL?
- WTR PHL is a private limited company (BV).
- When was WTR PHL founded?
- WTR PHL was founded on 06-05-2019.
- Is WTR PHL still active?
- Yes, WTR PHL is an active enterprise in the KBO register.
- What is the turnover of WTR PHL?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €71,780 and 120 comparable companies (NACE 70200). It probably lies between €110,000 and €190,000.Financials
- Is WTR PHL profitable?
- In financial year 2025, WTR PHL made a profit of €14,745.
- Where can I find the annual accounts of WTR PHL?
- WTR PHL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WTR PHL due?
- WTR PHL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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