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Wasimo

Active
Public limited companyfounded 197056 yrs activeKoutermolenstraat 81, 9111 Sint-Niklaas, BelgiumKBO/BCE: BE 0407.018.532

Wasimo has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €342k and a net result of €-9k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 51% of 1934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
48 / 100
Fair▲ +26 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency62▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.38 in 2023), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 56 years 0 60 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
Solvency, return and age of the figures
Solvency
50.4%
Return on assets
-1.3%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
182021222324
2018 to 2024 · latest year -€9k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
27 d late
2022
7 d early
2021
2 d early
2020
24 d late
2019
10 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€342k▼ 2.6%
2023 · €351k
2018: €38k 2019: €401k 2020: €403k 2021: €399k 2022: €398k 2023: €351k
2018 → 2024
Total assets
€679k▲ 3.5%
2023 · €655k
2018: €41k 2019: €428k 2020: €426k 2021: €469k 2022: €534k 2023: €655k
2018 → 2024
Net result
€-9k▲ 80.3%
2023 · €-46k
2018: €-5k 2020: €838 2021: €-3k 2022: €-2k 2023: €-46k
2018 → 2024
Working capital
€-64k▼ 270%
2023 · €-17k
2018: €-1k 2019: €21k 2020: €31k 2021: €28k 2022: €34k 2023: €-17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€403k-€399k▼ 0.8%€398k▼ 0.4%€351k▼ 11.8%€342k▼ 2.6%
Operating result€3k-€-3k€2k€-33k€-2k▲ 93.7%
Net result€838-€-3k€-2k▲ 48.0%€-46k▼ 2,637%€-9k▲ 80.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2020: €3k€3kNet result 2020: €838€838Operating result 2021: €-3k€-3kNet result 2021: €-3k€-3kOperating result 2022: €2k€2kNet result 2022: €-2k€-2kOperating result 2023: €-33k€-33kNet result 2023: €-46k€-46kOperating result 2024: €-2k€-2kNet result 2024: €-9k€-9k20202021202220232024
The operating result stays negative: a loss of €2k in 2024 against €33k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €679k
Fixed assets €667k▲ 3.4%
Current assets €12k▲ 9.8%
Equity and liabilities €679k
Equity €342k▼ 2.6%
Debt €337k▲ 10.6%
The debt ratio rises from 46.5% to 49.6%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€23k
2023 · €-12k
Cash flow
€16k
2023 · €-25k
Solvency
50.4%
2023 · 53.5%
Current ratio
0.15
2023 · 0.38
Quick ratio
0.15
2023 · 0.38
Debt / equity
0.99
2023 · 0.87
ROE
-2.6%
2023 · -13.1%
ROA
-1.3%
2023 · -7.0%
Interest coverage
3.28
2023 · -1.36
Debt
€337k
2023 · €305k
Debt ≤ 1 year
€75k
2023 · €28k
Debt > 1 year
€261k
2023 · €277k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€655k€679k
Fixed assets21/28€645k€667k
Tangible fixed assets22/27€645k€667k
Land and buildings22€645k€665k
Furniture and vehicles24-€2k
Current assets29/58€11k€12k
Amounts receivable within one year40/41€11k€10k
Trade receivables40€10k€10k=
Other amounts receivable41€938-
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€655k€679k
Equity10/15€351k€342k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€364k€364k=
Profit (loss) carried forward14€-75k€-84k
Amounts payable17/49€305k€337k
Amounts payable after more than one year17€277k€261k
Financial debts170/4€277k€261k
Amounts payable within one year42/48€28k€75k
Current portion of amounts payable after more than one year42€14k€14k
Financial debts43€3k€1k
Credit institutions430/8-€1k
Other loans439€3k-
Trade debts44€1k€8k
Suppliers440/4€1k€8k
Taxes, remuneration and social security45€6k€6k
Taxes450/3€6k€6k
Other amounts payable47/48€4k€47k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€25k
Other operating charges640/8€2k€3k
Non-recurring operating charges66A€25k-
Gross operating margin9900€15k€26k
Operating profit (loss)9901€-33k€-2k
Financial charges65/66B€9k€7k
Recurring financial charges65€9k€7k
Profit (loss) for the period before taxes9903€-42k€-9k
Income taxes67/77€4k-
Profit (loss) for the period9904€-46k€-9k
Profit (loss) for the period to be appropriated9905€-46k€-9k
Appropriation of the result
Profit (loss) to be appropriated9906€-75k€-84k
Profit (loss) brought forward from the previous period14P€-29k€-75k

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

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial Highest result since 2018net €838
Operating result €3k, net result €838, both a record.
10-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
31-12
Financial Liquidity times 6current ratio 3.58
Current ratio from 0.61 to 3.58.
31-12
Financial Equity above €200kEq €401k ▲962%
Equity rises from €38k to €401k.
21-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 1974
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Koutermolenstraat 819111 Sint-Niklaas
Ground area
2,764 m²
Building footprint
318 m²
Volume, LiDAR
1,454 m³
Parcel 46002A0944/00A000, Flanders · tallest building 18.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Koutermolenstraat 81, 9111 Sint-Niklaas
Motion picture, video and television programme production, sound recording and music publishing activities
since 19742.009.810.009
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46002A0944/00A000 Flanders 2,764 m² 1 · 318 m² 18.5 m · 1 fl.
Linked by address, not proof of ownership
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.

Similar companies · same sector, comparable size

Of 483 companies in sector 59112 we hold annual accounts for 248. 163 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded19-02-1970
Fiscal year end31-12
Activities, NACEBEL
59112Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:Wasimo9111@gmail.com
Enterprise