WEMMEL MOTORS
The computed 12-month bankruptcy probability of WEMMEL MOTORS is 0.9% (low). The 2023 annual accounts show equity of €265k and a net result of €-19k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 5809 sector peers (fiscal year 2023). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €265k |
| Net result | €-19k |
| Better than sector | 95% |
| Active | 29 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 88.5% | 20.0% | |
| Net result | €-19k | €3k | |
| Equity | €265k | €15k | |
| Gross operating margin | €-13k | €23k | |
| Total assets | €300k | €93k |
Show 9 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-19k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €300k |
| Equity | €265k |
| Debt | €35k |
| of which ≤ 1y | €35k |
| of which > 1y | - |
| Working capital | €265k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 8.65 |
| Quick ratio | 6.76 |
| Working capital ratio | 88.3% |
| Solvency | 88.5% |
| Debt / equity | 0.13 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -6.3% |
| ROE | -7.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €300k |
| Fixed assets | 21/28 | €415 |
| Financial fixed assets | 28 | €415 |
| Current assets | 29/58 | €300k |
| Stocks & contracts in progress | 3 | €65k |
| Amounts receivable within one year | 40/41 | €232k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €300k |
| Equity | 10/15 | €265k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €249k |
| Accumulated profits (losses) | 14 | €10k |
| Amounts payable | 17/49 | €35k |
| Amounts payable within one year | 42/48 | €35k |
| Trade debts payable within one year | 44 | €21k |
| Income statement | ||
| Gross operating margin | 9900 | €-13k |
| Operating result | 9901 | €-18k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-19k |
| Net result for the period | 9904 | €-19k |
| Result to be appropriated | 9905 | €-19k |
| NACE primary | Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 27-03-1997 |
| Status | Active |
| Postal code | 1780 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0065/00E000 | Flanders | 858 m² | 1 · 286 m² | 15.6 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
27-12-2023 Discharge granted to the board correction
Technical details
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn opdracht.",
"decharge_status": "pending_next_agm",
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{
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"notary": {
"name": "Anne Verhaeghe",
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"office_city": "Meise",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-27",
"filing_date": "2023-12-21",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-19",
"unanimous": true
}
],
"is_correction": true,
"subject_company": {
"kbo": "0460.299.048",
"name_full": "WEMMEL MOTORS",
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},
"co_filed_documents": [
"uitgifte van het proces-verbaal van 19 december 2023",
"lijst van de vennootschappen \u002B co\u00F6rdinatie van de statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | WEMMEL MOTORS |