WW Construct
ActiveSummary
The computed 12-month bankruptcy probability of WW Construct is 2.1% (moderate). The 2025 annual accounts show equity of €3,859 and a net result of €20,943. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 57% of 28254 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+12
Solvency78▼-22
Growth69▲+3
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
31 d late
2022
30 d late
2021
31 d late
2020
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€199,745▲ 35.6%
2022 · €147,313
EBIT margin
1.8%▼ 10.9pp
2022 · 12.7%
Net result
€20,943▲ 258%
2024 · €5,857
Working capital
€1,764▼ 93.7%
2024 · €27,980
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20212022202320242025
Turnover€170,802▲ 39.2%€147,313▼ 13.8%€199,745▲ 35.6%
Operating result€4,189▼ 56.7%€18,665▲ 346%€3,629▼ 80.6%€7,353▲ 103%€21,131▲ 187%
Net result€2,982within the sector's middle half▼ 76.4%€16,899within the sector's middle half▲ 467%€2,524within the sector's middle half▼ 85.1%€5,857within the sector's middle half▲ 132%€20,943within the sector's middle half▲ 258%
EBIT margin2.5%▼ 5.4pp12.7%▲ 10.2pp1.8%▼ 10.9pp
Equity€18,636below the sector's middle half▲ 19.0%€23,535within the sector's middle half▲ 26.3%€26,059within the sector's middle half▲ 10.7%€30,916within the sector's middle half▲ 18.6%€3,859below the sector's middle half▼ 87.5%
Total assets€25,730below the sector's middle half▼ 7.3%€26,391below the sector's middle half▲ 2.6%€29,834below the sector's middle half▲ 13.0%€37,122below the sector's middle half▲ 24.4%€7,284below the sector's middle half▼ 80.4%
Debt€7,094▼ 41.3%€2,856▼ 59.7%€3,775▲ 32.2%€6,206▲ 64.4%€3,425▼ 44.8%
Working capital€1,976below the sector's middle half€8,553within the sector's middle half▲ 333%€17,068within the sector's middle half▲ 99.6%€27,980within the sector's middle half▲ 63.9%€1,764below the sector's middle half▼ 93.7%
Solvency72.4%above the sector's middle half▲ 16.0pp89.2%above the sector's middle half▲ 16.7pp87.3%above the sector's middle half▼ 1.8pp83.3%above the sector's middle half▼ 4.1pp53.0%within the sector's middle half▼ 30.3pp
Current ratio1.28within the sector's middle half▲ 0.553.99above the sector's middle half▲ 2.725.52above the sector's middle half▲ 1.535.51above the sector's middle half▼ 0.011.52within the sector's middle half▼ 3.99
Return on assets (ROA)11.6%within the sector's middle half▼ 34.0pp64.0%above the sector's middle half▲ 52.4pp8.5%within the sector's middle half▼ 55.6pp15.8%within the sector's middle half▲ 7.3pp287.5%above the sector's middle half▲ 271.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 187% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7,284
Fixed assets
€2,095 ▼ 28.6%
Current assets
€5,189 ▼ 84.8%
Equity and liabilities €7,284
Equity
€3,859 ▼ 87.5%
Debt
€3,425 ▼ 44.8%
Debt's share of the balance-sheet total rises from 16.7% to 47.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23,651▲
2024 · €14,458
Cash flow
€23,463▲
2024 · €12,963
Debt to equity
0.89▲
2024 · 0.20
ROE
542.7%▲
2024 · 18.9%
Interest coverage
163.36▲
2024 · 59.70
Debt ≤ 1 year
€3,425▼
2024 · €6,206
Income taxes
€46▼
2024 · €2,187
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% 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
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €170,802 | €147,313 | €199,745 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €161,769 | €123,356 | €190,301 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,927 | €6,869 | €7,532 | €7,105 | €2,520 | ▼ 64.5% |
| Other operating charges640/8 | €1,162 | €685 | €661 | €908 | €781 | ▼ 14.0% |
| Non-recurring operating charges66A | €20 | €50 | €6 | €159 | €169 | ▲ 6.3% |
| Gross operating margin9900 | €11,298 | €26,269 | €11,827 | €15,525 | €24,601 | ▲ 58.5% |
| Operating profit (loss)9901 | €4,189 | €18,665 | €3,629 | €7,353 | €21,131 | ▲ 187% |
| Financial income75/76B | €141 | €93 | €441 | €934 | €3 | ▼ 99.7% |
| Recurring financial income75 | €141 | €93 | €441 | €934 | €3 | ▼ 99.7% |
| Financial charges65/66B | €199 | €219 | €293 | €242 | €145 | ▼ 40.2% |
| Recurring financial charges65 | €199 | €219 | €293 | €242 | €145 | ▼ 40.2% |
| Profit (loss) for the period before taxes9903 | €4,131 | €18,538 | €3,777 | €8,045 | €20,989 | ▲ 161% |
| Income taxes67/77 | €1,150 | €1,640 | €1,253 | €2,187 | €46 | ▼ 97.9% |
| Profit (loss) for the period9904 | €2,982 | €16,899 | €2,524 | €5,857 | €20,943 | ▲ 258% |
| Profit (loss) for the period to be appropriated9905 | €2,982 | €16,899 | €2,524 | €5,857 | €20,943 | ▲ 258% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,730 | €26,391 | €29,834 | €37,122 | €7,284 | ▼ 80.4% |
| Fixed assets21/28 | €16,660 | €14,982 | €8,991 | €2,936 | €2,095 | ▼ 28.6% |
| Tangible fixed assets22/27 | €16,660 | €14,982 | €8,991 | €2,936 | €2,095 | ▼ 28.6% |
| Plant, machinery and equipment23 | €3,410 | €3,008 | €1,861 | €1,488 | €544 | ▼ 63.5% |
| Furniture and vehicles24 | €13,251 | €11,974 | €7,130 | €1,448 | €1,551 | ▲ 7.1% |
| Current assets29/58 | €9,069 | €11,409 | €20,842 | €34,186 | €5,189 | ▼ 84.8% |
| Amounts receivable within one year40/41 | €7,770 | €5,427 | €18,949 | €18,728 | €3,736 | ▼ 80.1% |
| Trade receivables40 | €3,755 | €3,755 | €600 | €600 | €845 | ▲ 40.8% |
| Other amounts receivable41 | €4,015 | €1,672 | €18,349 | €18,128 | €2,891 | ▼ 84.1% |
| Cash at bank and in hand54/58 | €1,274 | €5,678 | €1,720 | €14,556 | €1,066 | ▼ 92.7% |
| Deferred charges and accrued income490/1 | €26 | €304 | €173 | €902 | €387 | ▼ 57.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,730 | €26,391 | €29,834 | €37,122 | €7,284 | ▼ 80.4% |
| Equity10/15 | €18,636 | €23,535 | €26,059 | €30,916 | €3,859 | ▼ 87.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €300 | €300 | €300 | €300 | €300 | = |
| Non-distributable reserves130/1 | €300 | €300 | €300 | €300 | €300 | = |
| Reserves not available under the articles1311 | €300 | €300 | €300 | €300 | €300 | = |
| Profit (loss) carried forward14 | €15,336 | €20,235 | €22,759 | €27,616 | €559 | ▼ 98.0% |
| Amounts payable17/49 | €7,094 | €2,856 | €3,775 | €6,206 | €3,425 | ▼ 44.8% |
| Amounts payable within one year42/48 | €7,094 | €2,856 | €3,775 | €6,206 | €3,425 | ▼ 44.8% |
| Trade debts44 | - | €14 | €882 | €1,765 | €271 | ▼ 84.7% |
| Suppliers440/4 | - | €14 | €882 | €1,765 | €271 | ▼ 84.7% |
| Taxes, remuneration and social security45 | €3,051 | €2,790 | €2,892 | €3,740 | €2,234 | ▼ 40.3% |
| Taxes450/3 | €3,051 | €2,790 | €2,892 | €3,740 | €2,234 | ▼ 40.3% |
| Other amounts payable47/48 | €4,043 | €52 | - | €700 | €921 | ▲ 31.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,982 | €16,899 | €2,524 | €5,857 | €20,943 | ▲ 258% |
| + Depreciation and write-downs630 | €5,927 | €6,869 | €7,532 | €7,105 | €2,520 | ▼ 64.5% |
| Operating cash flow (approximation) | €8,908 | €23,768 | €10,056 | €12,963 | €23,463 | ▲ 81.0% |
| Investment in fixed assets (approximation) | - | -€5,191 | -€1,541 | -€1,050 | -€1,679 | ▼ 59.9% |
| Change in cash | - | €4,404 | -€3,957 | €12,836 | -€13,490 | ▼ 205% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2020net €20,943 ▲258%
Operating result €21,131, net result €20,943, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €2,524 ▼85.1%
Net result drops to €2,524, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 3.99
Current ratio from 1.28 to 3.99; short-term debt falls from €7,094 to €2,856.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Dilbeek · 1 establishment unit since 2019
Ground area
258 m²
Building footprint
137 m²
Parcel 23079A0189/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
WW Construct
since 20192.296.293.866
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23079A0189/00R000 | Flanders | 258 m² | 1 · 137 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.
Recognitions · licences · registrations
Legal Entity Identifier
2549004JE9W4X29E4W15
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 2,568 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
Founded18-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43343Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736575339
Registered
09-01-2026
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.