Skip to content

WEGIMMO

Active
Public limited companyfounded 199233 yrs activeOude Burg 6, 8000 Brugge, BelgiumKBO/BCE: BE 0448.337.265
Summary

WEGIMMO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €759,243 and a net result of -€23,489. Equity is growing by ~3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability25▼-13
Solvency82=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days only on tighter terms
Liquidity ample (current ratio 12.19 against 12.98 in 2023; short-term debt: 4.7% of total assets), and 42.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 33 years 0 40 y
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
57.1%
Return on assets
-1.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-01-2026, 182 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
182 d late
2023
91 d late
2022
88 d late
2021
24 d late
2020
139 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 103 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

On 2 October 1992, WEGIMMO was incorporated.1 Total assets went from EUR 1.4 million in 2018 to EUR 1.3 million in 2024.2

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

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€759,243▼ 3.0%
2023 · €782,732
Total assets
€1.3m▼ 2.8%
2023 · €1.4m
Net result
-€23,489
2023 · €15,892
Working capital
€693,195▼ 0.1%
2023 · €694,222
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€26,869▲ 238%€25,239▼ 6.1%€12,315▼ 51.2%€16,396▲ 33.1%-€18,184
Net result€20,861▲ 309%€40,360▲ 93.5%€24,689▼ 38.8%€15,892▼ 35.6%-€23,489
Equity€701,791▲ 3.1%€742,151▲ 5.8%€766,840▲ 3.3%€782,732▲ 2.1%€759,243▼ 3.0%
Total assets€1.3m▼ 0.8%€1.4m▲ 1.4%€1.4m▲ 0.7%€1.4m▼ 0.1%€1.3m▼ 2.8%
Debt€641,778▼ 4.7%€619,756▼ 3.4%€604,452▼ 2.5%€586,571▼ 3.0%€571,418▼ 2.6%
Working capital€653,422▲ 1.9%€681,031▲ 4.2%€690,614▲ 1.4%€694,222▲ 0.5%€693,195▼ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2020: €26,869€26,869Net result 2020: €20,861€20,861Operating result 2021: €25,239€25,239Net result 2021: €40,360€40,360Operating result 2022: €12,315€12,315Net result 2022: €24,689€24,689Operating result 2023: €16,396€16,396Net result 2023: €15,892€15,892Operating result 2024: -€18,184-€18,184Net result 2024: -€23,489-€23,48920202021202220232024-€40,000-€20,000€0€20,000Operating result 2022: €12,315€12,300Net result 2022: €24,689€24,700Operating result 2023: €16,396€16,400Net result 2023: €15,892€15,900Operating result 2024: -€18,184-€18,200Net result 2024: -€23,489-€23,500202220232024
The operating result turns negative in 2024: a loss of €18,184 after €16,396 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €575,521 ▼ 6.7%
Current assets €755,140 ▲ 0.4%
Equity and liabilities €1.3m
Equity €759,243 ▼ 3.0%
Debt €571,418 ▼ 2.6%
Debt's share of the balance-sheet total rises from 42.8% to 42.9%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€23,421▼
2023 · €31,575
Cash flow
€18,116▼
2023 · €31,070
Current ratio
12.19▼
2023 · 12.98
Debt to equity
0.75▲
2023 · 0.75
ROE
-3.1%▼
2023 · 2.0%
ROA
-1.8%▼
2023 · 1.2%
Interest coverage
1.03▼
2023 · 2.10
Debt ≤ 1 year
€61,945▲
2023 · €57,955
Debt > 1 year
€498,909▼
2023 · €526,978
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.9%
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 8,611 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 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.4m€1.3m▼
Fixed assets21/28€617,125€575,521▼
Tangible fixed assets22/27€517,125€475,521▼
Land and buildings22€517,125€475,521▼
Financial fixed assets28€100,000€100,000=
Current assets29/58€752,177€755,140▲
Amounts receivable within one year40/41€752,177€755,140▲
Other amounts receivable41€752,177€755,140▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.3m▼
Equity10/15€782,732€759,243▼
Contributions10/11€640,805€640,805=
Capital10€640,805€640,805=
Issued capital100€640,805€640,805=
Reserves13€141,927€118,438▼
Non-distributable reserves130/1€64,080€64,080=
Legal reserve130€64,080€64,080=
Distributable reserves133€77,846€54,358▼
Amounts payable17/49€586,571€571,418▼
Amounts payable after more than one year17€526,978€498,909▼
Financial debts170/4€526,978€498,909▼
Amounts payable within one year42/48€57,955€61,945▲
Current portion of amounts payable after more than one year42€29,662€30,378▲
Financial debts43€5,498€9,834▲
Credit institutions430/8€5,498€9,834▲
Trade debts44€5,073€15,948▲
Suppliers440/4€5,073€15,948▲
Taxes, remuneration and social security45€17,723€5,785▼
Taxes450/3€17,723€5,785▼
Accrued charges and deferred income492/3€1,638€10,564▲
Income statement Code20232024
Non-recurring operating income76A€48-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,178€41,604▲
Other operating charges640/8€10,239€11,240▲
Gross operating margin9900€41,813€34,661▼
Operating profit (loss)9901€16,396-€18,184▼
Financial income75/76B€20,345€17,363▼
Recurring financial income75€20,345€17,363▼
Financial charges65/66B€15,065€22,668▲
Recurring financial charges65€15,065€22,668▲
Profit (loss) for the period before taxes9903€21,677-€23,489▼
Income taxes67/77€5,785-
Profit (loss) for the period9904€15,892-€23,489▼
Profit (loss) for the period to be appropriated9905€15,892-€23,489▼
Appropriation of the result
Profit (loss) to be appropriated9906€15,892-€23,489▼
Transfer from equity791/2-€23,489
Transfer to equity691/2€15,892-
To other reserves6921€15,892-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€48€48€48--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,251€15,251€15,209€15,178€41,604▲ 174%
Other operating charges640/8-€8,745€15,936€10,239€11,240▲ 9.8%
Gross operating margin9900€43,325€49,236€43,459€41,813€34,661▼ 17.1%
Operating profit (loss)9901€26,869€25,239€12,315€16,396-€18,184▼ 211%
Financial income75/76B-€21,350€25,245€20,345€17,363▼ 14.7%
Recurring financial income75-€21,350€25,245€20,345€17,363▼ 14.7%
Financial charges65/66B-€6,074€3,918€15,065€22,668▲ 50.5%
Recurring financial charges65€6,008€6,074€3,918€15,065€22,668▲ 50.5%
Profit (loss) for the period before taxes9903€20,861€40,516€33,642€21,677-€23,489▼ 208%
Income taxes67/77-€156€8,953€5,785--
Profit (loss) for the period9904€20,861€40,360€24,689€15,892-€23,489▼ 248%
Profit (loss) for the period to be appropriated9905€20,861€40,360€24,689€15,892-€23,489▼ 248%
Line20202021202220232024Change
Assets
Total assets20/58€1.3m€1.4m€1.4m€1.4m€1.3m▼ 2.8%
Fixed assets21/28€662,764€647,512€632,304€617,125€575,521▼ 6.7%
Tangible fixed assets22/27€562,764€547,512€532,304€517,125€475,521▼ 8.0%
Land and buildings22-€547,512€532,304€517,125€475,521▼ 8.0%
Financial fixed assets28€100,000€100,000€100,000€100,000€100,000=
Current assets29/58€680,805€714,395€738,988€752,177€755,140▲ 0.4%
Amounts receivable within one year40/41€680,805€709,354€738,988€752,177€755,140▲ 0.4%
Other amounts receivable41-€709,354€738,988€752,177€755,140▲ 0.4%
Cash at bank and in hand54/58-€5,041----
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.4m€1.4m€1.4m€1.3m▼ 2.8%
Equity10/15€701,791€742,151€766,840€782,732€759,243▼ 3.0%
Contributions10/11€640,805€640,805€640,805€640,805€640,805=
Capital10-€640,805€640,805€640,805€640,805=
Issued capital100-€640,805€640,805€640,805€640,805=
Reserves13€60,987€101,347€126,035€141,927€118,438▼ 16.5%
Non-distributable reserves130/1-€64,080€64,080€64,080€64,080=
Legal reserve130-€64,080€64,080€64,080€64,080=
Distributable reserves133-€37,266€61,955€77,846€54,358▼ 30.2%
Amounts payable17/49€641,778€619,756€604,452€586,571€571,418▼ 2.6%
Amounts payable after more than one year17€609,424€581,145€554,385€526,978€498,909▼ 5.3%
Financial debts170/4-€581,145€554,385€526,978€498,909▼ 5.3%
Amounts payable within one year42/48€27,384€33,364€48,374€57,955€61,945▲ 6.9%
Current portion of amounts payable after more than one year42-€28,278€28,962€29,662€30,378▲ 2.4%
Financial debts43--€5,818€5,498€9,834▲ 78.9%
Credit institutions430/8--€5,818€5,498€9,834▲ 78.9%
Trade debts44-€1,966€1,500€5,073€15,948▲ 214%
Suppliers440/4-€1,966€1,500€5,073€15,948▲ 214%
Taxes, remuneration and social security45-€3,119€12,094€17,723€5,785▼ 67.4%
Taxes450/3-€3,119€12,094€17,723€5,785▼ 67.4%
Accrued charges and deferred income492/3-€5,247€1,693€1,638€10,564▲ 545%
Line20202021202220232024Change
Profit (loss) for the period9904€20,861€40,360€24,689€15,892-€23,489▼ 248%
+ Depreciation and write-downs630€15,251€15,251€15,209€15,178€41,604▲ 174%
Operating cash flow (approximation)€36,113€55,611€39,897€31,070€18,116▼ 41.7%
Investment in fixed assets (approximation)-€0€0€0€0-

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
29-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 182 days late
2024
31-12
Financial Weakest financial yearnet -€23,489
Net result drops to -€23,489, the lowest in the series.
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
27-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial Highest result since 2018net €40,360 ▲93.5%
Net result €40,360, the highest in the series.
17-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 139 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
26-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
08-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
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.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Brugge · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
128 m²
Building footprint
127 m²
Volume, LiDAR
1,529 m³
Parcel 31803C0030/00L000, Flanders · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Oude Burg 6, 8000 Brugge
NACE 70201
since 19922.059.311.384
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31803C0030/00L000 Flanders 128 m² 1 · 127 m² 15.4 m · 4 fl.
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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of WEGIMMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

894500MOIL8IBKEYCX18
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded02-10-1992
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 29 September 2026 · Peppol Directory

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