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WULLOK CONSTRUCT

Active
Private limited companyfounded 20242 yrs activeK. Deswertlaan 61, 8370 Blankenberge, BelgiumKBO/BCE: BE 1009.350.821
Summary

WULLOK CONSTRUCT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-66k) and a net result of €-86k. Its solvency ranks better than 14% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes
Profitability14
Solvency22
Growth-
Track record67
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.96; short-term debt: 50.3% and cash: 20.9% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-2.7%
Return on assets
-3.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 29-07-2026, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
2 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

WULLOK CONSTRUCT was incorporated on 14 May 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Financials · fiscal year 2025, abbreviated schema

Equity
€-66k
Total assets
€2.42M
Net result
€-86k
Working capital
€1.17M

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

Balance-sheet composition
Assets €2.42M
Fixed assets €36k
Current assets €2.38M
Key figures and ratios
2025 value
EBITDA
€-51k
Cash flow
€-81k
Solvency
-2.7%
Current ratio
1.96
Quick ratio
0.49
Debt to equity
-37.79
ROA
-3.5%
Interest coverage
-1.74
Debt
€2.48M
Debt ≤ 1 year
€1.22M
Debt > 1 year
€1.25M
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€2.42M
Fixed assets21/28€36k
Tangible fixed assets22/27€19k
Plant, machinery and equipment23€13k
Furniture and vehicles24€6k
Financial fixed assets28€17k
Current assets29/58€2.38M
Stocks and contracts in progress3€1.78M
Contracts in progress37€1.78M
Amounts receivable within one year40/41€93k
Trade receivables40€35k
Other amounts receivable41€58k
Cash at bank and in hand54/58€506k
Equity and liabilities
Total equity and liabilities10/49€2.42M
Equity10/15€-66k
Contributions10/11€20k
Profit (loss) carried forward14€-86k
Amounts payable17/49€2.48M
Amounts payable after more than one year17€1.25M
Financial debts170/4€1.25M
Amounts payable within one year42/48€1.22M
Current portion of amounts payable after more than one year42€1.00M
Trade debts44€199k
Suppliers440/4€199k
Advances received on contracts in progress46€5k
Taxes, remuneration and social security45€12k
Taxes450/3€12k
Other amounts payable47/48€7
Accrued charges and deferred income492/3€18k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Other operating charges640/8€358
Gross operating margin9900€-51k
Operating profit (loss)9901€-56k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€29k
Recurring financial charges65€29k
Profit (loss) for the period before taxes9903€-86k
Profit (loss) for the period9904€-86k
Profit (loss) for the period to be appropriated9905€-86k
Appropriation of the result
Profit (loss) to be appropriated9906€-86k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Other operating charges640/8€358
Gross operating margin9900€-51k
Operating profit (loss)9901€-56k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€29k
Recurring financial charges65€29k
Profit (loss) for the period before taxes9903€-86k
Profit (loss) for the period9904€-86k
Profit (loss) for the period to be appropriated9905€-86k
Line2025
Assets
Total assets20/58€2.42M
Fixed assets21/28€36k
Tangible fixed assets22/27€19k
Plant, machinery and equipment23€13k
Furniture and vehicles24€6k
Financial fixed assets28€17k
Current assets29/58€2.38M
Stocks and contracts in progress3€1.78M
Contracts in progress37€1.78M
Amounts receivable within one year40/41€93k
Trade receivables40€35k
Other amounts receivable41€58k
Cash at bank and in hand54/58€506k
Equity and liabilities
Total equity and liabilities10/49€2.42M
Equity10/15€-66k
Contributions10/11€20k
Profit (loss) carried forward14€-86k
Amounts payable17/49€2.48M
Amounts payable after more than one year17€1.25M
Financial debts170/4€1.25M
Amounts payable within one year42/48€1.22M
Current portion of amounts payable after more than one year42€1.00M
Trade debts44€199k
Suppliers440/4€199k
Advances received on contracts in progress46€5k
Taxes, remuneration and social security45€12k
Taxes450/3€12k
Other amounts payable47/48€7
Accrued charges and deferred income492/3€18k
Line2025
Profit (loss) for the period9904€-86k
+ Depreciation and write-downs630€5k
Operating cash flow (approximation)€-81k

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

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Blankenberge · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
318 m²
Building footprint
201 m²
Parcel 31004C0217/00X007, Flanders. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
WULLOK CONSTRUCT
K. Deswertlaan 61, 8370 BlankenbergeReal estate development
since 20242.359.344.955
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31004C0217/00X007 Flanders 318 m² 1 · 201 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
82990Other business support services

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