WBP CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of WBP CONSTRUCT is 10.8% (high). The annual accounts of WBP CONSTRUCT for fiscal year 2024 show a net loss of 445% of total assets and of 83% of the equity at the start of that year. The 2024 annual accounts show equity of €698 and a net result of €-3k. Equity is shrinking by ~40.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 94% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A high bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-77
Solvency100=
Growth32▼-20
Track record86
Bankruptcy probability, 12 months
10.8%
High
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
113 d late
2023
28 d late
2022
29 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€698▼ 83.3%
2023 · €4k
2022: €4k
2023: €4k
2022 → 2024
Total assets
€780▼ 85.0%
2023 · €5k
2022: €8k
2023: €5k
2022 → 2024
Net result
€-3k
2023 · €328
2022: €4k
2023: €328
2022 → 2024
Working capital
€343▼ 90.2%
2023 · €3k
2022: €4k
2023: €3k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€4k-€4k▲ 8.5%€698▼ 83.3%
Operating result€5k-€449▼ 90.7%€-3k
Net result€4k-€328▼ 91.5%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €449 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €780
Fixed assets
€355 ▼ 47.2%
Current assets
€425 ▼ 90.6%
Equity and liabilities €780
Equity
€698 ▼ 83.3%
Debt
€82 ▼ 92.1%
Debt's share of the balance-sheet total falls from 20.0% to 10.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2023 · €728
Cash flow
€-3k▼
2023 · €606
Interest coverage
-96.11▼
2023 · 9.19
Debt ≤ 1 year
€82▼
2023 · €1k
Ratios withheld: a balance sheet total of €780 is too small for a meaningful ratio.
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 · 29 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5k€780▼
Fixed assets21/28€671€355▼
Tangible fixed assets22/27€671€355▼
Plant, machinery and equipment23€671€355▼
Current assets29/58€5k€425▼
Amounts receivable within one year40/41€5k€39▼
Trade receivables40€3k-
Other amounts receivable41€2k€39▼
Cash at bank and in hand54/58€1€386▲
Equity and liabilities
Total equity and liabilities10/49€5k€780▼
Equity10/15€4k€698▼
Profit (loss) carried forward14€4k€698▼
Amounts payable17/49€1k€82▼
Amounts payable within one year42/48€1k€82▼
Taxes, remuneration and social security45€1k€82▼
Taxes450/3€1k€82▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€278€316▲
Gross operating margin9900€728€-3k▼
Operating profit (loss)9901€449€-3k▼
Financial income75/76B€39-
Recurring financial income75€39-
Financial charges65/66B€79€33▼
Recurring financial charges65€79€33▼
Profit (loss) for the period before taxes9903€410€-3k▼
Income taxes67/77€82-
Profit (loss) for the period9904€328€-3k▼
Profit (loss) for the period to be appropriated9905€328€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€698▼
Profit (loss) brought forward from the previous period14P€4k€4k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-02
KBO administration
Address struck
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 113 days late
2024
31-12
Financial
Weakest financial yearnet €-3k ▼1160%
Net result drops to €-3k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.36
Current ratio from 1.83 to 4.36; short-term debt falls from €5k to €1k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
SignalFinancial 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, Menen · 1 establishment unit since 2021
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.
Bedevaartweg 238930 MenenGround area
6,617 m²
Building footprint
333 m²
Volume, LiDAR
1,511 m³
Parcel 34032C0517/00D000, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WBP CONSTRUCT
since 20212.323.844.440
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34032C0517/00D000 | Flanders | 6,617 m² | 1 · 333 m² | 8.9 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
BATIRPRO
BE 0766.603.668
Floreffe · Eq €688
The Yellowstone
BE 0800.149.931
Knokke-Heist · Eq €708
VAN HEES
BE 0447.969.457
Kalmthout · Eq €684
Plano-Logic
BE 0658.874.775
Soignies · Eq €726
WILLIAM CONSTRUCT
BE 0805.800.873
Brussel · Eq €670
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 1,343 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
Founded09-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.