WESSEM BELGIUM
ActiveWESSEM BELGIUM has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €956k and a net result of €84k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+2
Solvency64▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.62 in 2023; short-term debt: 40.3% and cash: 11.7% of total assets), and 60.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.2%
Return on assets
3.4%
Age of the figures
21 mo
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 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
7 d late
2022
27 d early
2021
25 d late
2020
19 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€956k▲ 9.6%
2023 · €872k
2018: €80k
2019: €101k
2020: €145k
2021: €679k
2022: €845k
2023: €872k
2018 → 2024
Total assets
€2.44M▲ 26.4%
2023 · €1.93M
2018: €1.28M
2019: €1.36M
2020: €1.24M
2021: €1.35M
2022: €1.87M
2023: €1.93M
2018 → 2024
Net result
€84k▲ 209%
2023 · €27k
2018: €-169k
2019: €21k
2020: €44k
2021: €535k
2022: €166k
2023: €27k
2018 → 2024
Working capital
€425k▼ 10.2%
2023 · €473k
2018: €300k
2019: €314k
2020: €69k
2021: €629k
2022: €512k
2023: €473k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€145k-€679k▲ 370%€845k▲ 24.4%€872k▲ 3.2%€956k▲ 9.6%
Operating result€51k-€561k▲ 992%€228k▼ 59.4%€59k▼ 74.3%€156k▲ 166%
Net result€44k-€535k▲ 1,125%€166k▼ 69.0%€27k▼ 83.7%€84k▲ 209%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 166% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.44M
Fixed assets
€1.03M▲ 47.4%
Current assets
€1.41M▲ 14.4%
Equity and liabilities €2.44M
Equity
€956k▲ 9.6%
Debt
€1.48M▲ 40.2%
The debt ratio rises from 54.8% to 60.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€287k▲
2023 · €174k
Cash flow
€214k▲
2023 · €143k
Solvency
39.2%▼
2023 · 45.2%
Current ratio
1.43▼
2023 · 1.62
Quick ratio
1.06▼
2023 · 1.31
Debt / equity
1.55▲
2023 · 1.21
ROE
8.8%▲
2023 · 3.1%
ROA
3.4%▲
2023 · 1.4%
Interest coverage
7.09▼
2023 · 8.86
Debt
€1.48M▲
2023 · €1.06M
Debt ≤ 1 year
€984k▲
2023 · €758k
Debt > 1 year
€500k▲
2023 · €300k
Income taxes
€32k▲
2023 · €12k
Staff costs
€193k▲
2023 · €187k
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€1.93M€2.44M▲
Fixed assets21/28€700k€1.03M▲
Tangible fixed assets22/27€700k€1.03M▲
Land and buildings22-€603k
Plant, machinery and equipment23€520k€404k▼
Furniture and vehicles24€29k€24k▼
Assets under construction and advance payments27€151k-
Current assets29/58€1.23M€1.41M▲
Stocks and contracts in progress3€240k€369k▲
Stocks30/36€240k€369k▲
Amounts receivable within one year40/41€853k€754k▼
Trade receivables40€850k€748k▼
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€138k€286k▲
Equity and liabilities
Total equity and liabilities10/49€1.93M€2.44M▲
Equity10/15€872k€956k▲
Contributions10/11€312k€312k=
Capital10€312k€312k=
Issued capital100€312k€312k=
Reserves13€189k€189k=
Non-distributable reserves130/1€115k€115k=
Legal reserve130€31k€31k=
Other1319€84k€84k=
Distributable reserves133€73k€73k=
Profit (loss) carried forward14€372k€455k▲
Amounts payable17/49€1.06M€1.48M▲
Amounts payable after more than one year17€300k€500k▲
Financial debts170/4€300k€500k▲
Amounts payable within one year42/48€758k€984k▲
Trade debts44€737k€975k▲
Suppliers440/4€737k€975k▲
Taxes, remuneration and social security45€21k€9k▼
Taxes450/3€14k€2k▼
Remuneration and social security454/9€6k€7k▲
Accrued charges and deferred income492/3€690€343▼
Income statement
Code20232024
Remuneration, social security and pensions62€187k€193k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€131k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k-
Other operating charges640/8€8k€8k▲
Gross operating margin9900€372k€488k▲
Operating profit (loss)9901€59k€156k▲
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B€20k€40k▲
Recurring financial charges65€20k€40k▲
Profit (loss) for the period before taxes9903€39k€115k▲
Income taxes67/77€12k€32k▲
Profit (loss) for the period9904€27k€84k▲
Profit (loss) for the period to be appropriated9905€27k€84k▲
Appropriation of the result
Profit (loss) to be appropriated9906€372k€455k▲
Profit (loss) brought forward from the previous period14P€344k€372k▲
Social balance
Average headcount (FTE)90872.82.8=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €535k ▲1125%
Operating result €561k, net result €535k, both a record.
31-12
Financial
Equity above €500kEq €679k ▲370%
3 profitable years in a row build equity to €679k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Equity above €100kEq €101k ▲26.5%
Equity rises from €80k to €101k.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Lanaken · 1 establishment unit since 1994
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.
Industrieweg 853620 LanakenGround area
7,753 m²
Building footprint
110 m²
Volume, LiDAR
547 m³
Parcel 73042C0495/00F000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WESSEM BELGIUM
since 19942.102.956.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042C0495/00F000 | Flanders | 7,753 m² | 1 · 110 m² | 6.1 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLanaken2.102.956.238
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Of 139 companies in sector 20160 we hold annual accounts for 95. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-10-1994
Fiscal year end31-12
Activities, NACEBEL
20160Manufacture of chemicals and chemical products
46831Wholesale of construction materials, general range
51532
63122
38110Waste collection, recovery and disposal activities
38210Materials recovery from waste
38213Waste collection, recovery and disposal activities
38219Waste collection, recovery and disposal activities
38321Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
52100Warehousing and storage
52210Service activities incidental to land transportation
52220Warehousing and support activities for transportation
52249Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
63220
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.