WVLJ Projects
ActiveSummary
WVLJ Projects has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176,633 and a net result of €37,474. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability90▲+5
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 3.66 against 3.14 in 2023; short-term debt: 20.6% and cash: 64.2% of total assets), and 20.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.4%
Return on assets
16.8%
Age of the figures
9 mo
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 13-04-2026, 109 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
109 d early
2023
22 d late
2022
31 d late
2021
25 d late
2020
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days before the deadline; the sector median for financial year 2023 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · 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. Usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€176,633▲ 16.3%
2023 · €151,898
Total assets
€222,552▲ 11.8%
2023 · €199,040
Net result
€37,474▲ 42.9%
2023 · €26,226
Working capital
€122,153▲ 21.4%
2023 · €100,655
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€44,302-€41,756▼ 5.7%€73,974▲ 77.2%€34,168▼ 53.8%€48,793-
Net result€31,892within the sector's middle half-€30,053within the sector's middle half▼ 5.8%€58,727above the sector's middle half▲ 95.4%€26,226within the sector's middle half▼ 55.3%€37,474within the sector's middle half-
Equity€36,891within the sector's middle half-€66,945within the sector's middle half▲ 81.5%€125,672within the sector's middle half▲ 87.7%€151,898within the sector's middle half▲ 20.9%€176,633above the sector's middle half-
Total assets€69,679within the sector's middle half-€118,137within the sector's middle half▲ 69.5%€184,869within the sector's middle half▲ 56.5%€199,040within the sector's middle half▲ 7.7%€222,552within the sector's middle half-
Debt€32,788-€51,192▲ 56.1%€59,197▲ 15.6%€47,142▼ 20.4%€45,919-
Working capital€33,032within the sector's middle half-€58,819within the sector's middle half▲ 78.1%€68,789within the sector's middle half▲ 17.0%€100,655within the sector's middle half▲ 46.3%€122,153above the sector's middle half-
Solvency52.9%within the sector's middle half-56.7%within the sector's middle half▲ 3.7pp68.0%within the sector's middle half▲ 11.3pp76.3%within the sector's middle half▲ 8.3pp79.4%within the sector's middle half-
Current ratio2.01within the sector's middle half-2.15within the sector's middle half▲ 0.142.16within the sector's middle half▲ 0.013.14within the sector's middle half▲ 0.973.66within the sector's middle half-
Return on assets (ROA)45.8%above the sector's middle half-25.4%within the sector's middle half▼ 20.3pp31.8%above the sector's middle half▲ 6.3pp13.2%within the sector's middle half▼ 18.6pp16.8%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €48,793 in 2025, compared with €34,168 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €222,552
Fixed assets
€54,480 ▲ 6.3%
Current assets
€168,072 ▲ 13.7%
Equity and liabilities €222,552
Equity
€176,633 ▲ 16.3%
Debt
€45,919 ▼ 2.6%
Debt's share of the balance-sheet total falls from 23.7% to 20.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59,174▲
2023 · €42,594
Cash flow
€47,855▲
2023 · €34,652
Debt to equity
0.26▼
2023 · 0.31
ROE
21.2%▲
2023 · 17.3%
Interest coverage
172.52▼
2023 · 259.72
Debt ≤ 1 year
€45,919▼
2023 · €47,142
Income taxes
€10,976▲
2023 · €7,778
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 26,975 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
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €72 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €1,869 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €679 | €2,116 | €3,321 | €8,426 | €10,381 | - |
| Other operating charges640/8 | - | €410 | €410 | €922 | €589 | - |
| Non-recurring operating charges66A | - | - | €6 | - | - | - |
| Gross operating margin9900 | €45,329 | €46,151 | €77,711 | €43,516 | €59,763 | - |
| Operating profit (loss)9901 | €44,302 | €41,756 | €73,974 | €34,168 | €48,793 | - |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | - | €64 | €138 | €164 | €343 | - |
| Recurring financial charges65 | €36 | €64 | €138 | €164 | €343 | - |
| Profit (loss) for the period before taxes9903 | €44,267 | €41,692 | €73,836 | €34,004 | €48,450 | - |
| Income taxes67/77 | €12,375 | €11,639 | €15,109 | €7,778 | €10,976 | - |
| Profit (loss) for the period9904 | €31,892 | €30,053 | €58,727 | €26,226 | €37,474 | - |
| Profit (loss) for the period to be appropriated9905 | €31,892 | €30,053 | €58,727 | €26,226 | €37,474 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69,679 | €118,137 | €184,869 | €199,040 | €222,552 | - |
| Fixed assets21/28 | €3,859 | €8,126 | €56,883 | €51,243 | €54,480 | - |
| Tangible fixed assets22/27 | €3,859 | €8,126 | €56,883 | €51,243 | €54,480 | - |
| Land and buildings22 | - | - | €49,987 | €46,191 | €42,310 | - |
| Plant, machinery and equipment23 | - | €2,820 | €2,242 | €1,775 | €1,992 | - |
| Furniture and vehicles24 | - | €4,236 | €4,654 | €3,277 | €10,178 | - |
| Assets under construction and advance payments27 | - | €1,070 | - | - | - | - |
| Current assets29/58 | €65,820 | €110,011 | €127,986 | €147,797 | €168,072 | - |
| Amounts receivable within one year40/41 | €37,654 | €18,731 | €40,025 | €21,394 | €22,893 | - |
| Trade receivables40 | - | €18,731 | €40,025 | €21,314 | €22,873 | - |
| Other amounts receivable41 | - | - | - | €80 | €20 | - |
| Cash at bank and in hand54/58 | €26,758 | €90,073 | €87,299 | €124,506 | €142,952 | - |
| Deferred charges and accrued income490/1 | - | €1,207 | €662 | €1,897 | €2,227 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69,679 | €118,137 | €184,869 | €199,040 | €222,552 | - |
| Equity10/15 | €36,891 | €66,945 | €125,672 | €151,898 | €176,633 | - |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | - |
| Reserves13 | €31,891 | €61,945 | €120,672 | €146,898 | €134,159 | - |
| Distributable reserves133 | - | €61,945 | €120,672 | €146,898 | €134,159 | - |
| Profit (loss) carried forward14 | - | - | - | - | €37,474 | - |
| Amounts payable17/49 | €32,788 | €51,192 | €59,197 | €47,142 | €45,919 | - |
| Amounts payable within one year42/48 | €32,788 | €51,192 | €59,197 | €47,142 | €45,919 | - |
| Trade debts44 | €382 | €2,600 | €4,357 | €1,304 | €7,757 | - |
| Suppliers440/4 | - | €2,600 | €4,357 | €1,304 | €7,757 | - |
| Taxes, remuneration and social security45 | - | €29,497 | €35,250 | €25,752 | €23,454 | - |
| Taxes450/3 | - | €29,497 | €35,250 | €25,752 | €23,454 | - |
| Other amounts payable47/48 | - | €19,095 | €19,590 | €20,086 | €14,708 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,892 | €30,053 | €58,727 | €26,226 | €37,474 | - |
| + Depreciation and write-downs630 | €679 | €2,116 | €3,321 | €8,426 | €10,381 | - |
| Operating cash flow (approximation) | €32,571 | €32,169 | €62,048 | €34,652 | €47,855 | - |
| Investment in fixed assets (approximation) | - | -€6,383 | -€52,078 | -€2,786 | - | - |
| Change in cash | - | €63,315 | -€2,774 | €37,207 | - | - |
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
Next filing, fiscal year 2026, expected by
2026
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €26,226 ▼55.3%
Net result drops to €26,226, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €151,898 ▲20.9%
4 profitable years in a row build equity to €151,898.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2020net €58,727 ▲95.4%
Operating result €73,974, net result €58,727, both a record.
31-12
Financial
Equity above €100,000Eq €125,672 ▲87.7%
3 profitable years in a row build equity to €125,672.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
27-07
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 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, Hasselt · 1 establishment unit since 2020
Ground area
1,166 m²
Building footprint
397 m²
Parcel 71483D0007/00F003, Flanders. Linked by address, not a title deed.
1 establishment unit
WVLJ Projects
since 20202.300.495.253
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71483D0007/00F003 | Flanders | 1,166 m² | 1 · 397 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,200 EUR awarded · 1,200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 450 EUR | 450 EUR |
| 2024 | 1 | 450 EUR | 450 EUR |
| 2022 | 1 | 300 EUR | 300 EUR |
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Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 15,149 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
Founded18-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46150Agents in the wholesale of furniture, household goods and hardware
Contact
E-mail
wim.vlamynck@wvlj.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745501220
Also
9925:BE0745501220
Registered
19-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.