WVS BRICKS
ActiveSummary
WVS BRICKS has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €310,991 and a net result of €46,386. Its solvency ranks better than 37% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-12-2022 Normal situation
- Activity
- Wholesale of construction materials, general range NACE 46831and 5 others
- Establishment unit
- 2.338.831.534 8860 Lendelede, since 09-12-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 19-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €152,792
- ▼ 55.3%
- Turnover
- ≈ €770,000
- estimated
- Profit
- €46,386
- ▼ 72.8%
- Equity
- €310,991
- ▲ 41.0%
- Total assets
- €1.3m
- ▲ 8.4%
- 2025 accounts filed 30 days after the deadline
Score breakdownraises riskFounded in 2022lowers riskSize: total assets €1.3mFigures for financial year 2025 (filed on 02-06-2026)Liquidity: current ratio 2.11, cash €237,206Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 35% of them on solvency, 74% on liquidity, 47% on profitability and 85% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 2 accounts on average 30 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 30 days after the deadline Filed on 30 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00130604.
Annual accounts 2025 filed on 30-05-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 63% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 30-09-2024 | 30-09-2025 |
|---|---|---|
| Mortgages, amount registered | €151,250 | €151,250 |
| Carrying value of the mortgaged assets | €721,332 | €831,761 |
Source: notes to the 2024 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-09-2024 | 30-09-2025 |
|---|---|---|
| Tangible fixed assets | €858,699 | €112,726 |
| Depreciation and write-downs of the year | €94,436 | €50,624 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €94,436 | €50,624 | ▼ 46.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5,894 | - |
| Other operating charges640/8 | €2,209 | €5,833 | ▲ 164% |
| Gross operating margin9900 | €341,784 | €152,792 | ▼ 55.3% |
| Operating profit (loss)9901 | €245,138 | €90,442 | ▼ 63.1% |
| Financial income75/76B | €2,072 | €1,655 | ▼ 20.1% |
| Recurring financial income75 | €2,072 | €1,655 | ▼ 20.1% |
| Financial charges65/66B | €39,907 | €28,122 | ▼ 29.5% |
| Recurring financial charges65 | €39,907 | €28,122 | ▼ 29.5% |
| Profit (loss) for the period before taxes9903 | €207,303 | €63,975 | ▼ 69.1% |
| Income taxes67/77 | €36,707 | €17,589 | ▼ 52.1% |
| Profit (loss) for the period9904 | €170,596 | €46,386 | ▼ 72.8% |
| Profit (loss) for the period to be appropriated9905 | €170,596 | €46,386 | ▼ 72.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.2m | €1.3m | ▲ 8.4% |
| Fixed assets21/28 | €0.8m | €0.9m | ▲ 13.9% |
| Tangible fixed assets22/27 | €0.8m | €0.9m | ▲ 13.9% |
| Land and buildings22 | €0.7m | €0.8m | ▲ 15.3% |
| Plant, machinery and equipment23 | €0.03m | €0.02m | ▼ 26.7% |
| Furniture and vehicles24 | €0.01m | €0.02m | ▲ 33.4% |
| Current assets29/58 | €0.4m | €0.4m | ▼ 0.9% |
| Stocks and contracts in progress3 | €0.1m | €0.09m | ▼ 36.5% |
| Stocks30/36 | €0.1m | €0.09m | ▼ 36.5% |
| Amounts receivable within one year40/41 | €0.03m | €0.1m | ▲ 356% |
| Trade receivables40 | €0.03m | €0.1m | ▲ 334% |
| Other amounts receivable41 | - | €0.006m | - |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | ▼ 15.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.2m | €1.3m | ▲ 8.4% |
| Equity10/15 | €0.2m | €0.3m | ▲ 41.0% |
| Contributions10/11 | €0.05m | €0.05m | = |
| Revaluation surpluses12 | - | €0.04m | - |
| Reserves13 | €0.2m | €0.2m | ▲ 30.9% |
| Distributable reserves133 | €0.2m | €0.2m | ▲ 30.9% |
| Profit (loss) carried forward14 | €0.02m | €0.02m | = |
| Amounts payable17/49 | €1.0m | €1.0m | ▲ 1.2% |
| Amounts payable after more than one year17 | €0.7m | €0.8m | ▲ 8.2% |
| Financial debts170/4 | €0.5m | €0.6m | ▲ 7.1% |
| Other amounts payable178/9 | €0.2m | €0.2m | ▲ 10.7% |
| Amounts payable within one year42/48 | €0.3m | €0.2m | ▼ 18.5% |
| Current portion of amounts payable after more than one year42 | €0.02m | €0.03m | ▲ 32.3% |
| Trade debts44 | €0.1m | €0.1m | ▲ 3.6% |
| Suppliers440/4 | €0.1m | €0.1m | ▲ 3.6% |
| Advances received on contracts in progress46 | €0.03m | - | - |
| Taxes, remuneration and social security45 | €0.05m | €0.03m | ▼ 48.3% |
| Taxes450/3 | €0.05m | €0.03m | ▼ 48.3% |
| Other amounts payable47/48 | €0.005m | €0.002m | ▼ 51.3% |
| Accrued charges and deferred income492/3 | €0.01m | €0.01m | ▼ 2.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €170,596 | €46,386 | ▼ 72.8% |
| + Depreciation and write-downs630 | €94,436 | €50,624 | ▼ 46.4% |
| Operating cash flow (approximation) | €265,032 | €97,010 | ▼ 63.4% |
| Investment in fixed assets (approximation) | - | -€156,735 | - |
| Change in cash | - | -€43,646 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 896 companies had the same profile as WVS BRICKS has now. Two years later, 98.1% were still going and 1.1% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WVS BRICKS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 896 companies, not a prediction for WVS BRICKS. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- VAN HOECKE Robrecht Roger Pauwel sole founder · 100% at incorporation
Capital transactions
- 13-12-2022 Incorporation · €50,000 · 500 shares
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “500”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 13-12-2022 (in Dutch)
Network & group
WVS BRICKS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of WVS BRICKS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-03
Gazette deed
Registered office moved from Wevelgem to LendeledeDirector in office3 points ▸
- Registered-office move, Nelcastraat 8,8860 Lendelede
- Director in office, Robrecht Van Hoecke (director)
- Board meeting, “Nelcastraat 8 te 8860 Lendelede, enige bestuurder” (deed in Dutch)
13-12
Gazette deed
IncorporationStarting capital €50,000 · Appointment: VAN HOECKE Robrecht Roger Pauwel (director) · Registered office clause · Board rule10 points ▸
- Registered office clause, “8560 Wevelgem,Kortrijkstraat 298” (deed in Dutch)
- Board rule, 1
- Director appointment, VAN HOECKE Robrecht Roger Pauwel (director (not named in the articles))
- Other provision, “uit hoofde van oprichting”, formation costs (deed in Dutch)
- Other provision, “prior authorisations warning, notary drew attention that company may need prior authorisations/permits or fulfil conditions for profession access under regulati…” (deed in Dutch)
- Other provision, 08-12-2022
- Founder, VAN HOECKE Robrecht Roger Pauwel
- Incorporation, 07-12-2022
- Founding capital, €50,000
- Bank account, “BE03 7370 6567 3184, vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Kortrijkstraat 298, 8560 Wevelgem until 31-03-2024 · act of 28-03-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
17 activities
- Het uitvoeren van alle activiteiten in verband met de ontwikkeling, de productie, de assemblage, de aan- en verkoop, de in- en uitvoer, het opslaan, de verdeling, de herstelling, het transport, het slopen, de klein- en groothandel van bouwproducten, bouwstoffen, bouwmaterialen, ijzerwaren, ruwe en half afgewerkte producten van de ijzer- en staalnijverheid, materieel voor ondernemers, plastiek, hout, afsluitingen, werkkledij en alle andere producten en materialen die in de bouwnijverheid kunnen gebruikt worden of aanverwant zijn, zowel nieuw als tweedehands.
- Aannemer van metsel- en betonwerken; algemene bouwwerkzaamheden; onderneming voor het optrekken van gebouwen, ruwbouw en onder dak zetten; ruwbouw; vloerbedekking en muurbekleding, leggen van tegelvloeren en mozaïek en voor het plaatsen van alle andere wand- en vloerbekledingen; schoorsteen- en ovenbouw, vervaardigen en plaatsen van sierschouwen en andere versieringen van marmer of steen.
- Slopingswerken; onderneming voor het plaatsen van afsluitingen; voegwerken, reinigen en opknappen van gevels, bouwen van stellingen; algemene aanneming van waterbouwkundige werken, van bijzondere grondwerken, van draineringswerken, van andere grondwerken; algemene aanneming van wegenwerken en bouw van niet metalen kunstwerken, van leggen van kabels en van diverse leidingen; aanleg en onderhoud; van diverse terreinen; verkeerssignalisatie; dakdekken en isolatie tegen vochtigheid; thermische- en geluidsisolatie; waterdicht maken en bedekken van gebouwen met asfalt en teer droogmaken van gebouwen, anders dan met teer en asfalt; stukadoorswerken; arduin - en marmerwerken, restauratiewerken, restauratie van monumenten; timmer- en schrijnwerk en metalen schrijnwerk; glaswerken; schilder- en behangwerk; metaalconstructie en metalen kunstwerken; industriële pijpleidingen en kanalisatie; centrale verwarming; sanitair en lood- en zinkwerk; speciale installaties; elektrotechnische installaties; diverse werkzaamheden.
- Zij kan eveneens alle toelevering doen met betrekking tot voormelde activiteiten,
- Het beheer, het verwerven, de aan- en verkoop, het huren en verhuren, de commissiehandel en vertegenwoordiging, de instandhouding en valorisatie van roerende goederen, de huurfinanciering, het leasen en in leasing geven van roerende goederen aan derden, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende goederen te bevorderen, zoals het onderhoud, de ontwikkeling, de verfraaiing en de verhuring van deze goederen.
- Het uitvoeren van alle studies en onderzoek; het verrichten van marktonderzoek; promotie; raadgeving; prospectie; marketing, techno-consult, assistentie op gebied van management, engineering en consulting; technisch, commercieel, administratief, financieel, fiscaal, sociaal en juridisch beheer en advies.
- De publiciteit, reclame, marketing en algemene communicatie onder alle vormen en het uitvoeren van alle werken die voor de verwezenlijking van publiciteit, reclame, marketing en algemene communicatie noodzakelijk zijn, zonder enige beperking.
- De kleinhandel met meer dan een afdeling; de groothandel van diverse artikelen.
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen; in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito's op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatie-ondernemingen.
- Het waarnemen van alle bestuursopdrachten in vennootschappen; het uitoefenen van mandaten en functies in ondernemingen.
- Het beheer, het verwerven, de aan- en verkoop, het huren en verhuren, de commissiehandel en vertegenwoordiging, de instandhouding en valorisatie van onroerende goederen; verkaveling, bouwen en verbouwen, bouwpromotie, de huurfinanciering, het leasen en in leasing geven van roerende goederen aan derden, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen, zoals het onderhoud, de ontwikkeling, de verfraaiing en de verhuring van deze goederen, alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan dle het genot zouden hebben van deze onroerende goederen.
- Het ontwikkelen, kopen, verkopen, beheer, in waarde stellen, in licentie nemen of geven van brevetten, octrooien, knowhow en andere intellectuele rechten.
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen. in 't kort tussenpersoon In de handel.
- Het verwerven, hetzij door inschrijving of aankoop, van aandelen, obligaties, kasbons, of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse bestaande of nog op te richten vennootschappen, alsook het beheer van deze roerende waarde, dit alles enkel voor eigen rekening of in deelneming met derden.
- Het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering.
- Alle verrichtingen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar doel verwant of verknocht zijn, of de verwezenlijking ervan kunnen bevorderen.
- Met het oog hierop deelnemen in industriële en handelsondernemingen die eenzelfde, analoog of verwant doel hebben of die van aard zijn dat ze de groei van de vennootschap bevorderen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34025C0335/00R003 | Flanders | 1,828 m² | 1 · 616 m² | 8.8 m |