Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Late annual account NBB
Fiscal year 2024 was filed 183 days after the legal deadline.
Financials
Financial year 2024
WAEL CONSTRUCT from Brussel, company number BE0598961637, closed financial year 2024 with a result of € 29,617 after tax. For that financial year WAEL CONSTRUCT recorded a gross margin of € 32,257 and equity of € 5,602. Compared with financial year 2023, the result moved from € -12,980 to € 29,617. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 5,602
▲ € 17,617 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,617
▲ still € 12,980 loss in 2023
Profit after tax over the fiscal year.
€ 8,060
▲ € 7,785 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 12,000 paid out
41 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 19,056
▼ 31% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,998
▼ 3% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 10,463 | € -1,016 | € -9,995 | € 32,257 | ▲ € 42,252 |
| Profit after taxes | € 6,353 | € -6,222 | € -12,980 | € 29,617 | ▲ € 42,597 |
| Equity | € 7,186 | € 965 | € -12,015 | € 5,602 | ▲ € 17,617 |
| Total debts | € 58,394 | € 54,410 | € 67,589 | € 64,344 | ▼ 5% |
| Cash | € 2,939 | € 827 | € 275 | € 8,060 | ▲ € 7,785 |
| Retained profit | € 986 | € -5,235 | € -18,215 | € -598 | ▲ € 17,617 |
| Dividend | € 6,000 | € 0 | € 0 | € 12,000 | |
| Balance sheet total | € 65,580 | € 55,375 | € 55,573 | € 69,946 | ▲ 26% |
Key figures of WAEL CONSTRUCT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WAEL CONSTRUCT?
What happened at WAEL CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 29,617. filed late Source: NBB ↗
- WAEL HARMOUSH became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,353 profit in 2021 to € 29,617 profit in 2024.
Paid € 1,701 in corporate taxes since 2021.
Best year ever: 2024, with € 29,617 profit.
Paid out € 18,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind WAEL CONSTRUCT is WAEL HARMOUSH.
Directors
According to the 2024 annual accounts
WAEL HARMOUSH
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Fransmanstraat 44
1020 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0598.961.637
- VAT number
- BE 0598.961.637
- Registered office
- Fransmanstraat 44, 1020 Brussel
- Names & denominations
- WAEL CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2015
- Peppol
- Active · Active since 21 Feb 2026