WESSAM
ActiveSummary
WESSAM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €90k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency39▼-61
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 10.62 in 2024; short-term debt: 85.6% and cash: 58% of total assets), and 85.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.4%
Return on assets
58.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1309 sector peers (2025).
NBB · sector comparisonPosition among 1309 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
28 d late
2023
30 d late
2022
35 d late
2021
31 d late
2020
88 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 84.8%
2024 · €145k
2018: €39k
2019: €156k
2020: €22k
2021: €22k
2022: €62k
2023: €105k
2024: €145k
2018 → 2025
Total assets
€153k▼ 3.2%
2024 · €158k
2018: €56k
2019: €213k
2020: €192k
2021: €144k
2022: €77k
2023: €149k
2024: €158k
2018 → 2025
Net result
€90k▼ 35.8%
2024 · €139k
2018: €14k
2019: €117k
2020: €110k
2021: €94k
2022: €40k
2023: €83k
2024: €139k
2018 → 2025
Working capital
€14k▼ 89.6%
2024 · €131k
2018: €24k
2019: €144k
2020: €13k
2021: €4k
2022: €46k
2023: €94k
2024: €131k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€62k▲ 181%€105k▲ 70.1%€145k▲ 37.5%€22k▼ 84.8%
Operating result€121k-€51k▼ 57.8%€108k▲ 111%€180k▲ 66.8%€112k▼ 37.7%
Net result€94k-€40k▼ 57.8%€83k▲ 109%€139k▲ 67.7%€90k▼ 35.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153k
Fixed assets
€8k ▼ 38.7%
Current assets
€145k ▲ 0.2%
Equity and liabilities €153k
Equity
€22k ▼ 84.8%
Debt
€131k ▲ 863%
Debt's share of the balance-sheet total rises from 8.6% to 85.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€117k▼
2024 · €184k
Cash flow
€95k▼
2024 · €144k
Current ratio
1.10▼
2024 · 10.62
Quick ratio
1.09▼
2024 · 10.38
Debt to equity
5.96▲
2024 · 0.09
ROE
407.0%▲
2024 · 96.4%
ROA
58.5%▼
2024 · 88.1%
Interest coverage
805.45▼
2024 · 1185.10
Debt ≤ 1 year
€131k▲
2024 · €14k
Income taxes
€24k▼
2024 · €41k
Staff costs
€516
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€158k€153k▼
Fixed assets21/28€14k€8k▼
Tangible fixed assets22/27€14k€8k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€7k€3k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€145k€145k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€22k€31k▲
Trade receivables40€18k€27k▲
Other amounts receivable41€4k€4k▼
Current investments50/53€21k€22k▲
Cash at bank and in hand54/58€97k€89k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€158k€153k▼
Equity10/15€145k€22k▼
Contributions10/11€22k€22k=
Profit (loss) carried forward14€123k-
Amounts payable17/49€14k€131k▲
Amounts payable within one year42/48€14k€131k▲
Trade debts44€74€884▲
Suppliers440/4€74€884▲
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€11k€16k▲
Other amounts payable47/48€2k€114k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62-€516
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€185k€119k▼
Operating profit (loss)9901€180k€112k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€155€145▼
Recurring financial charges65€155€145▼
Profit (loss) for the period before taxes9903€180k€114k▼
Income taxes67/77€41k€24k▼
Profit (loss) for the period9904€139k€90k▼
Profit (loss) for the period to be appropriated9905€139k€90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€223k€212k▼
Profit (loss) brought forward from the previous period14P€83k€123k▲
Transfer from equity791/2€2k-
Transfer to equity691/2€2k-
To contributions691€2k-
Profit to be distributed694/7€100k€212k▲
Return on contributions (dividend)694€100k€212k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €139k ▲67.7%
Operating result €180k, net result €139k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 10.62
Current ratio from 3.16 to 10.62; short-term debt falls from €43k to €14k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €105k ▲70.1%
6 profitable years in a row build equity to €105k.
04-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 35 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 3.99
Current ratio from 1.03 to 3.99; short-term debt falls from €122k to €16k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €150kEq €156k ▲303%
2 profitable years in a row build equity to €156k.
Show earlier events
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
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, Gent · 1 establishment unit since 2014
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.
Henry Stanleylaan 69051 GentGround area
732 m²
Building footprint
121 m²
Volume, LiDAR
496 m³
Parcel 44062B0189/00V000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Wessam
since 20142.226.775.055
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0189/00V000 | Flanders | 732 m² | 1 · 121 m² | 6.9 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.
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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.