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W.M.D.

Active
Private limited companyfounded 200619 yrs activeChemin de la Guelenne 66, 7060 Soignies, BelgiumKBO/BCE: BE 0885.436.784
Summary

The computed 12-month bankruptcy probability of W.M.D. is 2.5% (moderate). The 2024 annual accounts show negative equity (-€22,634) and a net result of -€2,999. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36370 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Age 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€22,634
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
630 d late
2022
152 d late
2021
31 d late
2020
61 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 161 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

W.M.D. was incorporated on 5 December 2006.1 Total assets fell from EUR 14,803 in 2018 to EUR 3,050 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,999▲ 23.4%
2023 · -€3,913
Working capital
-€91
2023 · €2,008
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€68,150€1,889▼ 97.2%-€1,773-€3,578▼ 102%-€2,884▲ 19.4%
Net result€67,350above the sector's middle half€1,440within the sector's middle half▼ 97.9%-€1,968below the sector's middle half-€3,913below the sector's middle half▼ 98.8%-€2,999below the sector's middle half▲ 23.4%
Equity-€15,193below the sector's middle half▲ 81.6%-€13,753below the sector's middle half▲ 9.5%-€15,722below the sector's middle half▼ 14.3%-€19,635below the sector's middle half▼ 24.9%-€22,634below the sector's middle half▼ 15.3%
Total assets€1,645below the sector's middle half▼ 92.4%€2,593below the sector's middle half▲ 57.6%€2,324below the sector's middle half▼ 10.4%€3,183below the sector's middle half▲ 37.0%€3,050below the sector's middle half▼ 4.2%
Debt€16,839▼ 83.8%€16,346▼ 2.9%€18,045▲ 10.4%€22,819▲ 26.5%€25,684▲ 12.6%
Working capital-€1,551below the sector's middle half▲ 98.1%€1,889below the sector's middle half€1,421below the sector's middle half▼ 24.8%€2,008below the sector's middle half▲ 41.3%-€91below the sector's middle half
Solvency
Current ratio
Return on assets (ROA)
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2020: €68,150€68,150Net result 2020: €67,350€67,350Operating result 2021: €1,889€1,889Net result 2021: €1,440€1,440Operating result 2022: -€1,773-€1,773Net result 2022: -€1,968-€1,968Operating result 2023: -€3,578-€3,578Net result 2023: -€3,913-€3,913Operating result 2024: -€2,884-€2,884Net result 2024: -€2,999-€2,99920202021202220232024-€4,000-€3,000-€2,000-€1,000€0Operating result 2022: -€1,773-€1,770Net result 2022: -€1,968-€1,970Operating result 2023: -€3,578-€3,580Net result 2023: -€3,913-€3,910Operating result 2024: -€2,884-€2,880Net result 2024: -€2,999-€3,000202220232024
The operating result stays negative: a loss of €2,884 in 2024 against €3,578 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3,050
Fixed assets €357 =
Current assets €2,693 ▼ 4.7%
Equity and liabilities
Equity-€22,634
Debt€25,684
Equity is negative: debt (€25,684) exceeds the balance-sheet total (€3,050).
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€2,784▲
2023 · €819
Debt > 1 year
€22,900▲
2023 · €22,000
Staff costs
€244
Ratios withheld: a balance sheet total of €3,050 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.

Peer companies

Historical observation

Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,183€3,050▼
Fixed assets21/28€357€357=
Financial fixed assets28€357€357=
Current assets29/58€2,826€2,693▼
Amounts receivable within one year40/41€1,563€1,842▲
Other amounts receivable41€1,563€1,842▲
Cash at bank and in hand54/58€1,263€851▼
Equity and liabilities
Total equity and liabilities10/49€3,183€3,050▼
Equity10/15-€19,635-€22,634▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€27,695-€30,694▼
Amounts payable17/49€22,819€25,684▲
Amounts payable after more than one year17€22,000€22,900▲
Financial debts170/4€22,000€22,900▲
Amounts payable within one year42/48€819€2,784▲
Trade debts44€819€2,784▲
Suppliers440/4€819€2,784▲
Income statement Code20232024
Remuneration, social security and pensions62-€244
Other operating charges640/8€132€132=
Gross operating margin9900-€3,446-€2,508▲
Operating profit (loss)9901-€3,578-€2,884▲
Financial income75/76B-€30
Recurring financial income75-€30
Financial charges65/66B€336€144▼
Recurring financial charges65€316€135▼
Non-recurring financial charges66B€20€9▼
Profit (loss) for the period before taxes9903-€3,913-€2,999▲
Profit (loss) for the period9904-€3,913-€2,999▲
Profit (loss) for the period to be appropriated9905-€3,913-€2,999▲
Appropriation of the result
Profit (loss) to be appropriated9906-€27,695-€30,694▼
Profit (loss) brought forward from the previous period14P-€23,782-€27,695▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€140€146-€244-
Other operating charges640/8-€132€132€132€132=
Gross operating margin9900€88,086€2,161-€1,496-€3,446-€2,508▲ 27.2%
Operating profit (loss)9901€68,150€1,889-€1,773-€3,578-€2,884▲ 19.4%
Financial income75/76B-€29€12-€30-
Recurring financial income75-€29€12-€30-
Financial charges65/66B-€478€207€336€144▼ 57.2%
Recurring financial charges65€800€478€207€316€135▼ 57.3%
Non-recurring financial charges66B---€20€9▼ 54.4%
Profit (loss) for the period before taxes9903€67,350€1,440-€1,968-€3,913-€2,999▲ 23.4%
Profit (loss) for the period9904€67,350€1,440-€1,968-€3,913-€2,999▲ 23.4%
Profit (loss) for the period to be appropriated9905€67,350€1,440-€1,968-€3,913-€2,999▲ 23.4%
Line20202021202220232024Change
Assets
Total assets20/58€1,645€2,593€2,324€3,183€3,050▼ 4.2%
Fixed assets21/28€357€357€357€357€357=
Financial fixed assets28€357€357€357€357€357=
Current assets29/58€1,288€2,235€1,966€2,826€2,693▼ 4.7%
Amounts receivable within one year40/41€542€707€1,047€1,563€1,842▲ 17.8%
Other amounts receivable41-€707€1,047€1,563€1,842▲ 17.8%
Cash at bank and in hand54/58€746€1,528€919€1,263€851▼ 32.6%
Equity and liabilities
Total equity and liabilities10/49€1,645€2,593€2,324€3,183€3,050▼ 4.2%
Equity10/15-€15,193-€13,753-€15,722-€19,635-€22,634▼ 15.3%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€23,253-€21,813-€23,782-€27,695-€30,694▼ 10.8%
Amounts payable17/49€16,839€16,346€18,045€22,819€25,684▲ 12.6%
Amounts payable after more than one year17€14,000€16,000€17,500€22,000€22,900▲ 4.1%
Financial debts170/4-€16,000€17,500€22,000€22,900▲ 4.1%
Amounts payable within one year42/48€2,839€346€545€819€2,784▲ 240%
Trade debts44€2,839€346€545€819€2,784▲ 240%
Suppliers440/4-€346€545€819€2,784▲ 240%
Line20202021202220232024Change
Profit (loss) for the period9904€67,350€1,440-€1,968-€3,913-€2,999▲ 23.4%
Operating cash flow (approximation)€67,350€1,440-€1,968-€3,913-€2,999▲ 23.4%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€782-€609€344-€411▼ 220%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 630 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2023
30-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Liquidity times 14current ratio 6.46
Current ratio from 0.45 to 6.46; short-term debt falls from €2,839 to €346.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial Back to profitnet €67,350
Net result €67,350 after 2 loss-making years.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
18-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Soignies · 1 establishment unit since 2007
seat establishment approximate The establishment unit on the map
Ground area
1,660 m²
Parcel 55040A0647/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
W.M.D.
Chemin de la Guelenne 66, 7060 SoigniesNACE 4511102
since 20072.157.856.753
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55040A0647/00F000 Wallonia 1,660 m² - -
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 15,518 companies in this sector we hold annual accounts for 7,427. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded05-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0885436784
Also 9925:BE0885436784
Registered 23-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.