Checked.be
Active
BE 0807.575.874Private limited company (pre-2019)
W&M
Koolmijnlaan 333 ·3581 Beringen, Belgium· 17 yrs active
Sector: Retail sale of clothing and accessories for women, men, children and babies (general range)
(47716)
Conclusion
W&M has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €356. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 34% of 4023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €27k |
| Net result | €356 |
| Better than sector | 34% |
| Active | 17 yrs |
Financial profile
48
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
43
Profitability
7
Solvency
38
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2008, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
43
/ 100
Weak
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€1k
estimate, not credit advice
Score history
48
2022
48
2023
51
2024
43
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.29 (≥ 1.0)
+5
Quick ratio
Quick ratio 0.02 (< 0.6)
-5
Leverage
Debt/equity 3.44 (> 3.0)
-10
Profitability
ROE 1%
+3
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 08-07-2026 with the NBB · fiscal year 2025 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 4 fiscal years (±1.3%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 22.5% | 36.1% | |
| Net result | €356 | €42k | |
| Equity | €27k | €441k | |
| Gross operating margin | €4k | €324k | |
| Total assets | €120k | €1.39M |
€356
-2.1%
22-25
€120k
-7.0%
22-25
€27k
+1.3%
22-25
€27k
-32.2%
22-25
€129
+17.2%
22-25
€93k
-9.2%
22-25
€93k
+4.1%
22-25
€13k
-57.8%
22-25
1.29
-10.7%
22-25
0.02
-10.4%
22-25
22.5%
+9.0%
22-25
3.44
-10.4%
22-25
1.3%
-3.4%
22-25
0.3%
+5.3%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | full schema | abbreviated schema | abbreviated schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | - | - | - | - |
| Net profit | €356 | €363 | €306 | €636 |
| Cash flow | - | - | - | - |
| Staff costs | - | - | - | - |
| Income taxes | €129 | €110 | €209 | €148 |
| Dividends | - | - | - | - |
| Total assets | €120k | €130k | €136k | €140k |
| Equity | €27k | €27k | €26k | €26k |
| Debt | €93k | €103k | €110k | €114k |
| of which ≤ 1y | €93k | €90k | €79k | €69k |
| of which > 1y | - | €13k | €31k | €46k |
| Working capital | €27k | €40k | €58k | €72k |
| Employees (FTE) | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (full schema, abbreviated schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.29 | 1.44 | 1.73 | 2.05 |
| Quick ratio | 0.02 | 0.03 | 0.07 | 0.09 |
| Working capital ratio | 22.4% | 30.7% | 42.2% | 51.1% |
| Solvency | 22.5% | 20.6% | 19.4% | 18.6% |
| Debt / equity | 3.44 | 3.85 | 4.17 | 4.39 |
| Long-term debt ratio | - | 0.49 | 1.18 | 1.76 |
| Interest coverage | - | - | - | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 0.3% | 0.3% | 0.2% | 0.5% |
| ROE | 1.3% | 1.4% | 1.2% | 2.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €120k | €130k | €136k | €140k |
| Fixed assets | 21/28 | €135 | €135 | €135 | €135 |
| Financial fixed assets | 28 | €135 | €135 | €135 | €135 |
| Current assets | 29/58 | €120k | €129k | €136k | €140k |
| Stocks & contracts in progress | 3 | €118k | €127k | €131k | €134k |
| Amounts receivable within one year | 40/41 | €193 | €191 | €2k | €2k |
| Cash & bank | 54/58 | €557 | €722 | €2k | €3k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €120k | €130k | €136k | €140k |
| Equity | 10/15 | €27k | €27k | €26k | €26k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €9k | €8k | €8k | €8k |
| Amounts payable | 17/49 | €93k | €103k | €110k | €114k |
| Amounts payable after one year | 17 | - | €13k | €31k | €46k |
| Amounts payable within one year | 42/48 | €93k | €90k | €79k | €69k |
| Trade debts payable within one year | 44 | €14k | €62k | €9k | €7k |
| Income statement | |||||
| Gross operating margin | 9900 | €4k | €4k | €6k | €4k |
| Operating result | 9901 | €1k | €1k | €1k | €-50 |
| Financial income | 75 | - | €82 | €320 | €1k |
| Financial charges | 65 | €828 | €877 | €1k | €647 |
| Result before taxes | 9903 | €485 | €473 | €515 | €784 |
| Income taxes | 67/77 | €129 | €110 | €209 | €148 |
| Net result for the period | 9904 | €356 | €363 | €306 | €636 |
| Result to be appropriated | 9905 | €356 | €363 | €306 | €636 |
Legal Structure
| NACE primary | Retail sale of clothing and accessories for women, men, children and babies (general range)(47716) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 04-11-2008 |
| Status | Active |
| Postal code | 3581 |
Establishment units
W&M
since 20082.174.948.549
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005C1330/00L003 | Flanders | 504 m² | 1 · 406 m² | 10.7 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €306 ▼51.8%
Net result drops to €306, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Retail sale of clothing and accessories for women, men, children and babies (general range)47716Market retail: textiles, clothing, footwear47820
Names & trade names
| Legal nameNL | W&M |
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