Wyffels Construct

Active

Private limited companyfounded 20215 yrs activeBollestraat 1, 8830 Hooglede, BelgiumKBO/BCE: BE 0770.917.495

Summary

The computed 12-month bankruptcy probability of Wyffels Construct is 2.4% (moderate). The 2024 annual accounts show equity of €177k and a net result of €25k. Equity is growing by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

71 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability79▼-21

Solvency84▲+1

Growth52=

Track record94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €12k at 30 days acceptable

Liquidity ample (current ratio 2.26 against 2.12 in 2023; short-term debt: 40.2% and cash: 30.9% of total assets), and 40.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

3 d early

2023

30 d late

2022

5 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€177k▲ 16.3%

2023 · €152k

2022: €87k 2023: €152k

2022 → 2024

Total assets

€299k▲ 14.6%

2023 · €261k

2022: €195k 2023: €261k

2022 → 2024

Net result

€25k▼ 62.8%

2023 · €67k

2022: €86k 2023: €67k

2022 → 2024

Working capital

€151k▲ 23.5%

2023 · €123k

2022: €69k 2023: €123k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€87k-€152k▲ 74.8%€177k▲ 16.3%

Operating result€107k-€85k▼ 20.6%€37k▼ 56.5%

Net result€86k-€67k▼ 22.0%€25k▼ 62.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 56% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €299k

90.8%

Fixed assets €27k ▼ 6.9%

Current assets €272k ▲ 17.3%

Equity and liabilities €299k

59.1%

40.9%

Equity €177k ▲ 16.3%

Debt €122k ▲ 12.1%

Debt's share of the balance-sheet total falls from 41.8% to 40.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€43k▼

2023 · €89k

Cash flow

€31k▼

2023 · €71k

Current ratio

2.26▲

2023 · 2.12

Quick ratio

1.83▲

2023 · 1.79

Debt to equity

0.69▼

2023 · 0.72

ROE

14.0%▼

2023 · 43.9%

ROA

8.3%▼

2023 · 25.6%

Interest coverage

7.42▼

2023 · 35.62

Debt ≤ 1 year

€120k▲

2023 · €109k

Income taxes

€7k▼

2023 · €17k

Staff costs

€1k▲

2023 · €795

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines

Balance sheet Code20232024

Assets

Total assets20/58€261k€299k▲

Fixed assets21/28€30k€27k▼

Intangible fixed assets21€800€700▼

Tangible fixed assets22/27€29k€27k▼

Plant, machinery and equipment23€8k€9k▲

Furniture and vehicles24€977€743▼

Other tangible fixed assets26€20k€17k▼

Current assets29/58€232k€272k▲

Stocks and contracts in progress3€36k€52k▲

Stocks30/36€18k€20k▲

Contracts in progress37€18k€32k▲

Amounts receivable within one year40/41€144k€116k▼

Trade receivables40€76k€43k▼

Other amounts receivable41€68k€73k▲

Cash at bank and in hand54/58€38k€93k▲

Deferred charges and accrued income490/1€13k€11k▼

Equity and liabilities

Total equity and liabilities10/49€261k€299k▲

Equity10/15€152k€177k▲

Contributions10/11€3k€3k=

Reserves13€149k€174k▲

Distributable reserves133€149k€174k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€109k€122k▲

Amounts payable within one year42/48€109k€120k▲

Trade debts44€45k€42k▼

Suppliers440/4€45k€42k▼

Advances received on contracts in progress46€22k€51k▲

Taxes, remuneration and social security45€41k€27k▼

Taxes450/3€41k€27k▼

Remuneration and social security454/9€33€0▼

Other amounts payable47/48€2k€0▼

Accrued charges and deferred income492/3-€2k

Income statement Code20232024

Remuneration, social security and pensions62€795€1k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲

Other operating charges640/8€499€703▲

Gross operating margin9900€91k€45k▼

Operating profit (loss)9901€85k€37k▼

Financial income75/76B€959€454▼

Recurring financial income75€959€454▼

Financial charges65/66B€3k€6k▲

Recurring financial charges65€3k€6k▲

Profit (loss) for the period before taxes9903€84k€32k▼

Income taxes67/77€17k€7k▼

Profit (loss) for the period9904€67k€25k▼

Profit (loss) for the period to be appropriated9905€67k€25k▼

Appropriation of the result

Profit (loss) to be appropriated9906€67k€25k▼

Transfer to equity691/2€65k€25k▼

To other reserves6921€65k€25k▼

Profit to be distributed694/7€2k€0▼

Return on contributions (dividend)694€2k€0▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

28-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €25k ▼62.8%

Net result drops to €25k, the lowest in the series.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Equity above €150kEq €152k ▲74.8%

2 profitable years in a row build equity to €152k.

26-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Hooglede · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Bollestraat 18830 Hooglede

Ground area

3,804 m²

Building footprint

214 m²

Volume, LiDAR

872 m³

Parcel 36005A0054/00B000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Wyffels Construct

Bollestraat 1, 8830 HoogledeRepair and maintenance of machinery

since 20212.320.489.725

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36005A0054/00B000	Flanders	3,804 m²	1 · 214 m²	7.0 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

MARASCO GROUP

BE 0767.439.650

Zaventem · Eq €177,018

Wante Kris

BE 0891.556.296

Berlare · Eq €177,021

MR REFRIGERATION

BE 0430.125.219

Gembloux · Eq €177,115

CAUWELS

BE 0466.840.907

Maldegem · Eq €177,142

ReRox

BE 0798.170.735

Halle · Eq €177,154

Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,430 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded08-07-2021

Fiscal year end31-12

Activities, NACEBEL 2025

43211General electrical installation work

33120Repair and maintenance of machinery

33140Repair and maintenance of electrical equipment

43221Plumbing work

43222Installation of electric heating, air conditioning, cooling and ventilation

43350Other building finishing work

68201Renting and operating of own or leased residential real estate, excluding social housing

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:bjorn@wtechnic.be

Establishment Hooglede 2.320.489.725