Equity
€362,910 ▲ 97.5%
Equity rose in 2025 from €183,729 to €362,910.
WVM PROJECTS
Lifetime
9 annual accounts with figures on one time axispeak €337,331 (2025)
€337,331▲ 39.9%
lowest -€231,404 (2020)
€179,181▲ 85.9%
peak €362,910 (2025)
€362,910▲ 97.5%
€1.3m▼ 6.8%
Board2 names since 2016
2 directorsVANMOERKERKE William Rudolf and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €241,185 to €337,331Result from €96,378 to €179,181Equity from €183,729 to €362,910Cash from €11,878 to €165,706
Key points
from the 2025 annual accountsTurnover
≈ €480,000 estimated
The accounts state no turnover.
Debts
€1.3m 78% of the balance sheet
Financial debts 88%Suppliers 1%Taxes and wages 4%Other 7%
Of this, €152,471 falls due within a year.
Liquidity
1.37 was 0.22 in 2024
Short-term debts fell from €156,839 to €152,471.
Filings
9 annual accounts 6 late
The 2018 accounts came latest: 106 days after the end of the period.
Position in the sector
€179,181
Higher net result than 94% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Checked score
94
Excellent
Financially stronger than 54% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025highest value
04-2025: 0.2%▼ -0.2 percentage points vs 03-2025
05-2025: 0.1%▼ -0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.2%▲ +0.1 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Equity €362,910 (21.5% of total assets)
lowers risk
Size: total assets €1.7m
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 01-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 25% of them on solvency, 54% on liquidity, 49% on profitability and 89% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as WVM PROJECTS has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of WVM PROJECTS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,609 companies, not a prediction for WVM PROJECTS. 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
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (0.22 in 2024), below the usual 1.5. Short-term debt is 9% and cash 9.8% of total assets. 78.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 39364 sector peers (2025).
NBB · sector comparisonPosition among 39364 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €362,910
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 30-07-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 day early
2024
115 days early
2023
13 days late
2022
53 days early
2021
29 days late
2020
30 days late
2019
32 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0664688144
Environmental permit granted
Nieuwbouw of aanleggen · Brugge
Registered office moved from Oostkamp to Bruges
Capital increase of €250,000 to €268,600 · Capital from €18,600 to €268,600, 2,500 new shares · 2,500 shares · General meeting of 10-03-2023 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Brugge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WVM PROJECTS Bruges | €1.7m | €337,331 | 21.5% | - |
| EXL Management Services Staden | €1.7m | €280,921 | 50.1% | - |
| MANGO TANGO Pittem | €1.7m | €285,910 | 53.5% | - |
| Ben Vanhecke Destelbergen | €1.6m | €337,252 | 50.9% | - |
| DUB INVEST Mont-Saint-Guibert | €1.8m | €340,694 | 1.0% | - |
| TBC INVEST Chaumont-Gistoux | €1.7m | €332,307 | 49.4% | - |
| Graphene Beersel | €1.6m | €345,359 | 51.9% | - |
These companies have the same main activity as WVM PROJECTS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.6m and €1.8m, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 17-10-2016Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.257.880.1838000 Bruges, since 17-10-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 19-06-2025
Annual accounts 2025
- €1.7m▲ 5.1%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on WVM PROJECTS
WVM PROJECTS files the micro format. That format states no turnover. The gross margin rose from €106,167 in 2017 to €337,331 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets.
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 WVM PROJECTS
- What is the company number of WVM PROJECTS?
- The company number of WVM PROJECTS is 0664.688.144. The VAT number is the same number with BE in front: BE 0664.688.144.
- Where is WVM PROJECTS based?
- The registered office is at Nieuwe Gentweg 53, 8000 Bruges.Company details
- What does WVM PROJECTS do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of WVM PROJECTS?
- WVM PROJECTS is a private limited company (BV).
- When was WVM PROJECTS founded?
- WVM PROJECTS was founded on 17-10-2016.
- Is WVM PROJECTS still active?
- Yes, WVM PROJECTS is an active enterprise in the KBO register.
- What is the turnover of WVM PROJECTS?
- The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €337,331 and 95 comparable companies (NACE 70200). It probably lies between €400,000 and €840,000.Financials
- Is WVM PROJECTS profitable?
- In financial year 2025, WVM PROJECTS made a profit of €179,181.
- Where can I find the annual accounts of WVM PROJECTS?
- WVM PROJECTS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WVM PROJECTS due?
- WVM PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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