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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WRight Developments from Tielt, company number BE0726900479, closed financial year 2025 with a result of € 1,122 after tax. For that financial year WRight Developments recorded a gross margin of € 153,578 and equity of € -1,198. Compared with financial year 2024, the result moved from € -189,153 to € 1,122. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ -1,198
▲ € 1,122 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,122
▲ still € 189,153 loss in 2024
Profit after tax over the fiscal year.
€ 22,287
▲ € 21,626 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -201,198.
People and assets in 2025
€ 237
▼ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 441,071
Loans from banks and other lenders, long and short.
€ 306,033
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,590
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,374 | € 103,058 | € -140,962 | € 153,578 | ▲ € 294,540 |
| Profit after taxes | € 238 | € 47,143 | € -189,153 | € 1,122 | ▲ € 190,275 |
| Equity | € -40,308 | € 6,834 | € -2,319 | € -1,198 | ▲ € 1,122 |
| Total debts | € 2,019,624 | € 5,113,783 | € 8,270,447 | € 6,850,909 | ▼ 17% |
| Cash | € 217,522 | € 6,664 | € 661 | € 22,287 | ▲ € 21,626 |
| Land & buildings | € 20,697 | € 15,523 | € 10,349 | € 5,174 | ▼ 50% |
| Retained profit | € -60,308 | € -13,166 | € -202,319 | € -201,198 | ▲ € 1,122 |
| Bank debt | € 0 | € 0 | € 0 | € 441,071 | |
| Balance sheet total | € 1,979,315 | € 5,120,617 | € 8,268,128 | € 6,849,711 | ▼ 17% |
Key figures of WRight Developments, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to WRight Developments?
What happened at WRight Developments in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,122. Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 238 profit in 2022 to € 1,122 profit in 2025.
Paid € 13,428 in corporate taxes since 2022.
Best year ever: 2023, with € 47,143 profit.
Management
The stake of J.A.L., RELYS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WRight DevelopmentsBehind WRight Developments are Relys BV, J.A.L. BV and JOVACK. The shares are held by J.A.L. (50%) and RELYS (12.5%).
Directors
According to the 2025 annual accounts
Director · represented by Pieter Theys
Also active at: IMMOPAT, VITRUVI ESTATES, VITRUVI DEVELOPMENTS, WRight Estates, WARD
Director · represented by Jonas Van Poucke
Also active at: IMMOPAT, VITRUVI ESTATES, VITRUVI DEVELOPMENTS, WRight Estates, PHI ESTATES, BIJ DEN BOER, WARD
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ooigemstraat 47
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →IMMOPAT same network
€ 12,151 gross margin · 2025
VITRUVI ESTATES same network
€ 17,214 gross margin · 2025
VITRUVI DEVELOPMENTS same network
€ 164,158 gross margin · 2025
WRight Estates same network
€ 179,689 gross margin · 2025
RELYS same network
€ 15,446 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0726.900.479
- VAT number
- BE 0726.900.479
- Registered office
- Ooigemstraat 47, 8760 Tielt
- Names & denominations
- WRight Developments
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 2019
- Peppol
- Active · Active since 24 Mar 2025
- Activities · NACE
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