Equity
-€271,836
Debts exceed assets in financial year 2025.
WY PROJECTS
Lifetime
2 annual accounts with figures on one time axispeak €2,169 (2025)
€2,169▲ €60,220
lowest -€186,983 (2025)
-€186,983▼ €2,130
peak -€84,853 (2024)
-€271,836▼ €186,983
€2.1m▼ 16.9%
Board4 names since 2023
3 directors and 2 others
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from -€58,051 to €2,169Loss of €186,983Equity from -€84,853 to -€271,836Debts from €2.6m to €2.1mCash from €190,538 to €26,929
Key points
from the 2025 annual accountsLosses
-€371,836 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €8,900 estimated
The micro format states no turnover.
Debts
€2.1m 115% of the balance sheet
Financial debts 83%Suppliers 3%Taxes and wages 0%Other 14%
Of this, €362,698 falls due within a year.
Board
2 joined · 1 left
Board changed. Latest change 22-10-2026 · 3 in office.
Position in the sector
-€186,983
Lower net result than 95% of companies in real estate. Sector median €5,859 · 19,800 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,654 companies had the same profile as WY PROJECTS has now. Each dot stands for 20 companies, two years later.
84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 7,654 companies, not a prediction for WY 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
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Signals
Board and ownership
Director, since 29-06-2023
Director, , since 12-06-2026
Director
- founderdeed of 03-07-2023
- founderdeed of 03-07-2023
- founderdeed of 03-07-2023
Recent changes
Registered office moved from Waregem to Harelbeke
New registered office: Heerbaan 71, 8530 Harelbeke · Previous registered office: Ruitersdreef 105 8790 Waregem België · Appointment: (director) · General meeting of 22-10-2026 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 12-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803339053
Environmental permit granted
Bouwen of herbouwen · Wielsbeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WY PROJECTS Harelbeke | €1.9m | €2,169 | -14.7% | - |
| Maco Moorslede | €1.8m | -€9,083 | 1.8% | - |
| PALLEN CONSTRUCT Knokke-Heist | €2.0m | -€55,952 | 4.1% | 0.5 |
| LAKENNATIE Veurne | €1.9m | -€21,080 | 99.8% | 0 |
| GTS II Middelkerke | €2.4m | -€2,578 | 2.5% | - |
| Coast Development Zwevegem | €1.7m | -€2,820 | -8.5% | - |
| LB Constructie BV Tielt | €2.0m | €4,708 | 9.4% | - |
These companies have the same main activity as WY PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.7m and €2.4m, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 29-06-2023Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.347.005.1698530 Harelbeke, since 29-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2024
Annual accounts 2025
- €1.9m▼ 25.1%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on WY PROJECTS
WY PROJECTS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€271,836) and a net result of -€186,983.
Its solvency ranks better than 11% of 19,813 sector peers (NACE 68, financial year 2025).
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 WY PROJECTS
- What is the company number of WY PROJECTS?
- The company number of WY PROJECTS is 0803.339.053. The VAT number is the same number with BE in front: BE 0803.339.053.
- Where is WY PROJECTS based?
- The registered office is at Heerbaan 71, 8530 Harelbeke.Company details
- What does WY PROJECTS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of WY PROJECTS?
- WY PROJECTS is a private limited company (BV).
- When was WY PROJECTS founded?
- WY PROJECTS was founded on 29-06-2023.
- Is WY PROJECTS still active?
- Yes, WY PROJECTS is an active enterprise in the KBO register.
- How many employees does WY PROJECTS have?
- WY PROJECTS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WY PROJECTS fall under?
- In its 2025 annual accounts, WY PROJECTS states joint committee 124 (Construction).
- What is the turnover of WY PROJECTS?
- The turnover in financial year 2025 is ≈ €8,900. This figure is estimated from the gross margin of €2,169 and 49 comparable companies (NACE 68121). It probably lies between €4,400 and €27,000. It is a rough estimate. In financial year 2024 turnover was €322,758.
- Is WY PROJECTS profitable?
- In financial year 2025, WY PROJECTS made a loss of €186,983.
- Where can I find the annual accounts of WY PROJECTS?
- WY PROJECTS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WY PROJECTS due?
- WY PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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