WB PROJECTS
ActiveSummary
WB PROJECTS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €15k. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 2008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+14
Solvency77▼-3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.86 in 2024; short-term debt: 47.7% and cash: 61.7% of total assets), and 47.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.3%
Return on assets
11.5%
Age of the figures
12 mo
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
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-05-2026, 27 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 · 7 filingsDeviation from the deadline
2025
27 d late
2024
5 d late
2023
46 d early
2022
34 d early
2021
23 d early
2020
42 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€68k▲ 28.1%
2024 · €53k
2019: €12k
2020: €21k
2021: €28k
2022: €35k
2023: €53k
2024: €53k
2019 → 2025
Total assets
€130k▲ 33.6%
2024 · €98k
2019: €56k
2020: €107k
2021: €80k
2022: €77k
2023: €85k
2024: €98k
2019 → 2025
Net result
€15k▲ 13,385%
2024 · €111
2019: €5k
2020: €9k
2021: €7k
2022: €7k
2023: €6k
2024: €111
2019 → 2025
Working capital
€60k▲ 58.3%
2024 · €38k
2019: €-12k
2020: €-7k
2021: €-366
2022: €11k
2023: €33k
2024: €38k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€35k▲ 25.2%€53k▲ 51.8%€53k▲ 0.2%€68k▲ 28.1%
Operating result€11k-€14k▲ 24.2%€9k▼ 37.0%€2k▼ 80.2%€25k▲ 1,339%
Net result€7k-€7k▲ 1.8%€6k▼ 18.5%€111▼ 98.1%€15k▲ 13,385%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,339% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€8k ▼ 47.7%
Current assets
€122k ▲ 48.5%
Equity and liabilities €130k
Equity
€68k ▲ 28.1%
Debt
€62k ▲ 40.1%
Debt's share of the balance-sheet total rises from 45.4% to 47.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32k▲
2024 · €9k
Cash flow
€22k▲
2024 · €7k
Current ratio
1.97▲
2024 · 1.86
Quick ratio
1.35▼
2024 · 1.43
Debt to equity
0.91▲
2024 · 0.83
ROE
21.9%▲
2024 · 0.2%
ROA
11.5%▲
2024 · 0.1%
Interest coverage
50.08▲
2024 · 13.38
Debt ≤ 1 year
€62k▲
2024 · €44k
Income taxes
€10k▲
2024 · €1k
Staff costs
€3k▼
2024 · €3k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€98k€130k▲
Fixed assets21/28€15k€8k▼
Tangible fixed assets22/27€14k€6k▼
Plant, machinery and equipment23€9k€4k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€82k€122k▲
Stocks and contracts in progress3€19k€39k▲
Stocks30/36€10k€9k▼
Contracts in progress37€9k€30k▲
Amounts receivable within one year40/41€17k€3k▼
Trade receivables40€17k€3k▼
Cash at bank and in hand54/58€46k€80k▲
Deferred charges and accrued income490/1€584-
Equity and liabilities
Total equity and liabilities10/49€98k€130k▲
Equity10/15€53k€68k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€35k€50k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€33k€48k▲
Amounts payable17/49€44k€62k▲
Amounts payable within one year42/48€44k€62k▲
Trade debts44€14k€15k▲
Suppliers440/4€14k€15k▲
Taxes, remuneration and social security45€6k€22k▲
Taxes450/3€5k€18k▲
Remuneration and social security454/9€800€4k▲
Other amounts payable47/48€25k€25k▲
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€3k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€5k€1k▼
Gross operating margin9900€16k€36k▲
Operating profit (loss)9901€2k€25k▲
Financial income75/76B€286€92▼
Recurring financial income75€286€92▼
Financial charges65/66B€655€644▼
Recurring financial charges65€655€644▼
Profit (loss) for the period before taxes9903€1k€24k▲
Income taxes67/77€1k€10k▲
Profit (loss) for the period9904€111€15k▲
Profit (loss) for the period to be appropriated9905€111€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€111€15k▲
Transfer to equity691/2€111€15k▲
To other reserves6921€111€15k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-09
Financial
Highest result since 2019net €15k ▲13385%
Operating result €25k, net result €15k, both a record.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
2024
30-09
Financial
Weakest financial yearnet €111 ▼98.1%
Net result drops to €111, the lowest in the series; recovery starts the following year.
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Gillis-Waas · 1 establishment unit since 2018
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.
Smishoekstraat(MD) 189170 Sint-Gillis-WaasGround area
4,235 m²
Building footprint
153 m²
Volume, LiDAR
956 m³
Parcel 46015B0772/00A002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WB Projects BVBA
since 20182.276.853.383
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46015B0772/00A002 | Flanders | 4,235 m² | 1 · 153 m² | 9.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 75 EUR |
| 2023 | 1 | 75 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500LSD8BNZG929W28
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F&S
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,107 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
Founded14-06-2018
Fiscal year end30-09
Trade name NL
BESLOTEN VENNOOTSCHAP MET BEPERKTE AANSPRAKELIJKHEID
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.