W.E.M.-CONSTRUCTION
ActiveSummary
W.E.M.-CONSTRUCTION has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €948,603 and a net result of €24,958. Equity is growing by about 4.5% per year across the filed financial years. Its solvency ranks better than 73% of 5,738 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2025, full format
In the rankings
#10 oldest company in Boortmeerbeek, Real estate sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24,958▲ 41.3%
2024 · €17,668
Working capital
-€310,597
2024 · €924,701
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €1,570 after a loss of €5,757 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.002m
2025
Net result€0.02m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.4m
2025
Equity€0.9m
2025
Debt€0.4m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.3m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency68.2%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.30
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.4m-€0.3m▼ 27.1%€0.09m▼ 67.2%€0.07m▼ 18.1%€0.06m▼ 16.5%-€0.002m-€0.006m▼ 146%€0.002m
Net result€0.3m-€0.2m▼ 35.9%€0.04mwithin the sector's middle half▼ 74.2%€0.03mwithin the sector's middle half▼ 24.3%€0.09mwithin the sector's middle half▲ 181%€0.02mwithin the sector's middle half▼ 75.0%€0.02mwithin the sector's middle half▼ 22.7%€0.02mwithin the sector's middle half▲ 41.3%
Equity€0.6m-€0.8m▲ 25.7%€0.8mwithin the sector's middle half▼ 7.0%€0.8mwithin the sector's middle half▲ 4.3%€0.9mwithin the sector's middle half▲ 11.5%€0.9mwithin the sector's middle half▲ 2.6%€0.9mwithin the sector's middle half▲ 2.0%€0.9mwithin the sector's middle half▲ 2.7%
Total assets€1.3m-€2.8m▲ 105%€2.7mwithin the sector's middle half▼ 2.3%€2.8mwithin the sector's middle half▲ 4.6%€1.4mwithin the sector's middle half▼ 50.1%€1.2mwithin the sector's middle half▼ 12.3%€1.4mwithin the sector's middle half▲ 9.5%€1.4mwithin the sector's middle half▲ 2.8%
Debt€0.7m-€1.9m▲ 179%€1.9m▼ 0.3%€2.0m▲ 4.8%€0.5m▼ 74.1%€0.3m▼ 37.3%€0.4m▲ 30.1%€0.4m▲ 3.1%
Working capital€0.6m-€0.06m▼ 90.9%€0.02mwithin the sector's middle half▼ 72.0%€0.1mwithin the sector's middle half▲ 546%€0.9mabove the sector's middle half▲ 752%€0.9mabove the sector's middle half▲ 2.3%€0.9mabove the sector's middle half▲ 1.4%-€0.3mbelow the sector's middle half
Solvency48.2%-29.5%▼ 18.7pp28.1%within the sector's middle half▼ 1.4pp28.0%within the sector's middle half▼ 0.1pp62.6%above the sector's middle half▲ 34.6pp73.3%above the sector's middle half▲ 10.6pp68.3%above the sector's middle half▼ 5.0pp68.2%within the sector's middle half▼ 0.1pp
Current ratio1.91-1.03▼ 0.881.01within the sector's middle half▼ 0.021.05within the sector's middle half▲ 0.042.72within the sector's middle half▲ 1.673.81above the sector's middle half▲ 1.103.16above the sector's middle half▼ 0.660.30below the sector's middle half▼ 2.86
Return on assets (ROA)19.3%-6.0%▼ 13.3pp1.6%within the sector's middle half▼ 4.4pp1.2%within the sector's middle half▼ 0.4pp6.5%above the sector's middle half▲ 5.3pp1.8%within the sector's middle half▼ 4.6pp1.3%within the sector's middle half▼ 0.5pp1.8%within the sector's middle half▲ 0.5pp
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.3m
Current assets
€130,907
Equity and liabilities €1.4m
Equity
€948,603 ▲ 2.7%
Debt
€442,894 ▲ 3.1%
Debt's share of the balance-sheet total rises from 31.7% to 31.8%. Equity and debt are higher.
Key figures and ratios
Quick ratio
0.19▼
2024 · 2.87
Debt to equity
0.47▲
2024 · 0.46
ROE
2.6%▲
2024 · 1.9%
Debt ≤ 1 year
€441,505▲
2024 · €428,428
Income taxes
€9,085▲
2024 · €6,687
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,997 | €5,997 | €5,997 | €2,999 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €10,202 | €8,130 | €1,142 | €4,448 | €1,153 | ▼ 74.1% |
| Gross operating margin9900 | €374,186 | €277,187 | €112,217 | €85,168 | €68,202 | -€1,196 | -€1,309 | €2,722 | - |
| Operating profit (loss)9901 | €367,377 | €267,711 | €87,920 | €71,968 | €60,072 | -€2,338 | -€5,757 | €1,570 | - |
| Financial income75/76B | - | - | - | €7,122 | €65,249 | €40,733 | €35,813 | €38,296 | ▲ 6.9% |
| Recurring financial income75 | €15,402 | €5,898 | €3,101 | €7,122 | €15,249 | €40,733 | €35,813 | €38,296 | ▲ 6.9% |
| Non-recurring financial income76B | - | - | - | - | €50,000 | - | - | - | - |
| Financial charges65/66B | - | - | - | €33,633 | €18,872 | €7,217 | €5,702 | €5,822 | ▲ 2.1% |
| Recurring financial charges65 | €90 | €27,126 | €30,194 | €33,633 | €18,872 | €7,217 | €5,702 | €5,822 | ▲ 2.1% |
| Profit (loss) for the period before taxes9903 | €382,690 | €246,483 | €60,826 | €45,457 | €106,449 | €31,179 | €24,354 | €34,044 | ▲ 39.8% |
| Income taxes67/77 | €122,574 | €79,725 | €17,833 | €12,932 | €15,065 | €8,321 | €6,687 | €9,085 | ▲ 35.9% |
| Profit (loss) for the period9904 | €260,115 | €166,758 | €42,993 | €32,525 | €91,384 | €22,858 | €17,668 | €24,958 | ▲ 41.3% |
| Profit (loss) for the period to be appropriated9905 | €260,115 | €166,758 | €42,993 | €32,525 | €91,384 | €22,858 | €17,668 | €24,958 | ▲ 41.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.3m | €2.8m | €2.7m | €2.8m | €1.4m | €1.2m | €1.4m | €1.4m | ▲ 2.8% |
| Fixed assets21/28 | €0.01m | €0.8m | €0.8m | €0.8m | - | - | - | €1.3m | - |
| Intangible fixed assets21 | €0.01m | €0.009m | €0.003m | - | - | - | - | - | - |
| Financial fixed assets28 | - | €0.8m | €0.8m | €0.8m | - | - | - | €1.3m | - |
| Current assets29/58 | €1.3m | €2.0m | €1.9m | €2.1m | €1.4m | €1.2m | €1.4m | €0.1m | ▼ 90.3% |
| Stocks and contracts in progress3 | €0.2m | €1.7m | €1.9m | €1.8m | €0.04m | €0.04m | €0.1m | €0.05m | ▼ 61.9% |
| Stocks30/36 | - | - | - | €1.8m | €0.04m | €0.04m | €0.1m | €0.05m | ▼ 61.9% |
| Amounts receivable within one year40/41 | €1.0m | €0.3m | €0.08m | €0.2m | €1.3m | €1.2m | €1.2m | €0.08m | ▼ 93.3% |
| Trade receivables40 | - | - | - | - | - | €0.001m | €0.001m | €0.002m | ▲ 34.3% |
| Other amounts receivable41 | - | - | - | €0.2m | €1.3m | €1.1m | €1.2m | €0.08m | ▼ 93.4% |
| Cash at bank and in hand54/58 | €0.04m | €0.007m | €0.005m | €0.03m | €0.01m | €0.005m | €0.002m | €0.004m | ▲ 80.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.02m | €0.04m | €0.04m | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.3m | €2.8m | €2.7m | €2.8m | €1.4m | €1.2m | €1.4m | €1.4m | ▲ 2.8% |
| Equity10/15 | €0.6m | €0.8m | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | €0.9m | ▲ 2.7% |
| Contributions10/11 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Capital10 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Issued capital100 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €0.3m | €0.5m | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | €0.6m | ▲ 4.4% |
| Non-distributable reserves130/1 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Legal reserve130 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 4.7% |
| Profit (loss) carried forward14 | -€0.006m | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.7m | €1.9m | €1.9m | €2.0m | €0.5m | €0.3m | €0.4m | €0.4m | ▲ 3.1% |
| Amounts payable within one year42/48 | €0.7m | €1.9m | €1.9m | €2.0m | €0.5m | €0.3m | €0.4m | €0.4m | ▲ 3.1% |
| Financial debts43 | - | - | - | €0.9m | - | - | €0.09m | €0.09m | = |
| Credit institutions430/8 | - | - | - | €0.9m | - | - | €0.09m | €0.09m | = |
| Trade debts44 | €0.3m | €0.6m | €0.5m | €0.7m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 0.3% |
| Suppliers440/4 | - | - | - | €0.7m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 0.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.03m | €0.02m | €0.01m | €0.02m | ▲ 4.9% |
| Taxes450/3 | - | - | - | €0.03m | €0.03m | €0.02m | €0.01m | €0.02m | ▲ 4.9% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.2m | €450 | €0.02m | €0.03m | ▲ 53.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.06m | €0.008m | €0.006m | €0.001m | €0.001m | ▲ 31.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €260,115 | €166,758 | €42,993 | €32,525 | €91,384 | €22,858 | €17,668 | €24,958 | ▲ 41.3% |
| + Depreciation and write-downs630 | €5,997 | €5,997 | €5,997 | €2,999 | - | - | - | - | - |
| Operating cash flow (approximation) | €266,112 | €172,755 | €48,990 | €35,524 | €91,384 | €22,858 | €17,668 | €24,958 | ▲ 41.3% |
| Investment in fixed assets (approximation) | - | -€750,000 | €0 | €0 | - | - | - | - | - |
| Change in cash | - | -€33,497 | -€1,513 | €27,513 | -€21,471 | -€6,454 | -€2,541 | €1,818 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 20-07-2026 | 2026-00309886 |
| 31-12-2024 | abbreviated format | 22-07-2025 | 2025-00291703 |
| 31-12-2023 | abbreviated format | 09-07-2024 | 2024-00224344 |
| 31-12-2022 | abbreviated format | 14-07-2023 | 2023-00236130 |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20106250 |
| 31-12-2020 | abbreviated format | 09-07-2021 | 2021-32900068 |
| 31-12-2019 | abbreviated format | 06-07-2020 | 2020-25900571 |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-33900455 |
| 31-12-2017 | abbreviated format | 13-07-2018 | 2018-32000461 |
| 31-12-2016 | abbreviated format | 11-07-2017 | 2017-29200128 |
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Of the 12,030 active companies whose main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203), figures are known for 6,072. 4,192 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.