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WVN Grondwerken

Active
Private limited companyfounded 2025active for 1 yearSint-Maartensveldstraat 1, 8850 Ardooie, BelgiumKBO/BCE: BE 1023.742.057
Summary

WVN Grondwerken has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,610 and a net result of €18,610. Its solvency ranks better than 73% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 27-05-2025 Normal situation
Activity
Site preparation NACE 43120and 1 other
Establishment unit
2.374.503.679 8850 Ardooie, since 27-05-2025
Financial year end
31 December
Peppol
Reachable since 02-03-2026

Financial position

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€23,813
Turnover
≈ €230,000
estimated
Profit
€18,610
Equity
€21,610
Total assets
€31,736
  • 2025 accounts filed 61 days after the deadline
Score breakdownraises riskSize: total assets €31,736Last filed accounts filed 61 days late; 1 of the last 3 accounts lateFounded in 2025lowers riskLiquidity: current ratio 2.62, cash €22,090Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 83% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 93
equity 68.1% of total assets
Liquidity 86
short-term debt 31.9% · cash 69.6%
Profitability 100
return on assets 58.6%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 06-2026: 1.9% 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 1.9%● unchanged vs 07-2026 09-2026: 2.3%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 0.8%▼ -1.5 percentage points vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.62, above the usual 1.5. Short-term debt is 31.9% and cash 69.6% of total assets. 31.9% of the assets are financed with debt and provisions.
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 43, micro). It does better than 74% of them on solvency, 84% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.62, cash €22,090
NBB · annual accounts
raises risk · Size: total assets €31,736
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
61 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €3,000 · Appointments: VAN NIEUWENHUYSE,Warre (director) and Van Nieuwenhuyse Bart Valère (niet statutaire opvolgend bestuurder) · Permanent representative: Jürgen Sinnaeve
All 2 events

Comparable companies

These companies have the same main activity as WVN Grondwerken: site preparation (NACE 43120). They are comparable in size and age: total assets between €28,400 and €37,800, founded between 2024 and 2025.

CompanyTotal assetsGross margin
WVN Grondwerken Ardooie€31,736€23,813
Groep Cappaert Zedelgem€28,379€21,231
RioFix Janssens Oud-Turnhout€33,349€25,808
Rayan Infra Antwerpen€34,238€21,677
DESOMER GROND-EN BOUWWERKEN Houthulst€29,977€28,752
Marivan Harelbeke€37,459€29,540
Rebo Works Peer€37,824€22,947
Full comparison

Key facts about WVN Grondwerken

What is the company number of WVN Grondwerken?
The company number of WVN Grondwerken is 1023.742.057. The VAT number is the same number with BE in front: BE 1023.742.057.
Where is WVN Grondwerken based?
The registered office is at Sint-Maartensveldstraat 1, 8850 Ardooie.Company details
What does WVN Grondwerken do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of WVN Grondwerken?
The legal form of WVN Grondwerken is Private limited company (BV).
When was WVN Grondwerken founded?
WVN Grondwerken was founded on 27-05-2025.
Is WVN Grondwerken still active?
Yes, WVN Grondwerken is an active enterprise in the KBO register.
What is the turnover of WVN Grondwerken?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €23,813 and 31 comparable companies (NACE 43120). It probably lies between €110,000 and €340,000. It is a rough estimate.Financials
Is WVN Grondwerken profitable?
In financial year 2025, WVN Grondwerken made a profit of €18,610.
Where can I find the annual accounts of WVN Grondwerken?
WVN Grondwerken filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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