WA-RM
ActiveSummary
WA-RM has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €406,368 and a net result of €78,326. Equity has been growing by about 30% per year since 2018. Its solvency ranks better than 59% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-09-2016 Normal situation
- Activity
- Plumbing work NACE 43221and 1 other
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.259.642.219 8450 Bredene, since 01-09-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 26-05-2025
Board and ownership
- ROLLIER Martin JozefDirector
- ROLLIER Thibo RobinDirector
- Holdings
- Shares in 2 companies WA-RM INVEST and WA-RM PROJECTS
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €269,144
- ▼ 21.4%
- Turnover
- ≈ €710,000
- estimated
- Profit
- €78,326
- ▼ 21.9%
- Equity
- €406,368
- ▲ 23.9%
- Total assets
- €788,080
- ▼ 1.8%
- Employees on 31-12-2025
- 2
- =
Score breakdownraises risk1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.03, cash €129,306Equity €406,368 (51.6% of total assets)Size: 2 FTE, total assets €788,080Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 56% of them on solvency, 61% on liquidity, 62% on profitability and 71% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 66 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Recent changes
- · Gazette deed Registered office moved from Bredene to OostendeResignations: ROLLIER Martin Jozef (manager) and ROLLIER Thibo Robin (manager) · Reappointments: ROLLIER Martin Jozef (director) and ROLLIER Thibo Robin (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as WA-RM: plumbing work (NACE 43221). They are comparable in size and age: total assets between €571,000 and €865,000, founded between 2013 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| WA-RM Oostende | €788,080 | €269,144 |
| Verlinde Vincent Wingene | €864,930 | €271,155 |
| BRAECKMAN R Sint-Niklaas | €757,640 | €254,317 |
| STEP-ET Stekene | €626,978 | €317,138 |
| RECAD Drogenbos | €856,322 | €208,201 |
| LUYTS VERWARMING EN SANITAIR Turnhout | €571,195 | €302,267 |
| Tom Van Hemelen Kasterlee | €701,367 | €350,234 |
Key facts about WA-RM
- What is the company number of WA-RM?
- The company number of WA-RM is 0661.906.818. The VAT number is the same number with BE in front: BE 0661.906.818.
- Where is WA-RM based?
- The registered office is at Corneel Heymansstraat 6, 8400 Oostende.Company details
- What does WA-RM do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of WA-RM?
- The legal form of WA-RM is Private limited company (BV).
- When was WA-RM founded?
- WA-RM was founded on 01-09-2016.
- Is WA-RM still active?
- Yes, WA-RM is an active enterprise in the KBO register.
- How many employees does WA-RM have?
- WA-RM had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WA-RM fall under?
- In its 2025 annual accounts, WA-RM states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of WA-RM?
- The turnover in financial year 2025 is ≈ €710,000. This figure is estimated from the gross margin of €269,144 and 45 comparable companies (NACE 432). It probably lies between €580,000 and €890,000.
- Is WA-RM profitable?
- In financial year 2025, WA-RM made a profit of €78,326.
- Where can I find the annual accounts of WA-RM?
- WA-RM filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WA-RM due?
- WA-RM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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