WIM
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 08-08-2022, 8 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
8 d late
2020
32 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 15 days before 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)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€68,577
2020 · €477,111
Working capital
€459,895▼ 13.5%
2020 · €531,677
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
Line2018201920202021
Operating result€438,639-€114,213▼ 74.0%€93,176▼ 18.4%-€5,995
Net result€452,234-€275,135▼ 39.2%€477,111▲ 73.4%-€68,577
Equity€3.0m-€3.0m▼ 1.9%€3.5m▲ 16.0%€3.4m▼ 2.0%
Total assets€5.5m-€5.0m▼ 7.8%€5.0m=€4.9m▼ 3.1%
Debt€2.4m-€2.1m▼ 15.2%€1.6m▼ 23.0%€1.5m▼ 5.6%
Working capital€363,885-€171,986▼ 52.7%€531,677▲ 209%€459,895▼ 13.5%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €5,995 after €93,176 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €4.9m
Fixed assets
€4.4m ▼ 1.4%
Current assets
€466,221 ▼ 17.1%
Equity and liabilities €4.9m
Equity
€3.4m ▼ 2.0%
Debt
€1.5m ▼ 5.6%
Debt's share of the balance-sheet total falls from 31.5% to 30.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
73.70▲
2020 · 18.48
Debt to equity
0.44▼
2020 · 0.45
ROE
-2.0%▼
2020 · 13.8%
ROA
-1.4%▼
2020 · 9.5%
Debt ≤ 1 year
€6,326▼
2020 · €30,424
Debt > 1 year
€1.5m▼
2020 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €868 | - |
| Gross operating margin9900 | €439,517 | €115,081 | €94,044 | -€5,127 | ▼ 105% |
| Operating profit (loss)9901 | €438,639 | €114,213 | €93,176 | -€5,995 | ▼ 106% |
| Financial income75/76B | - | - | - | €7,246 | - |
| Recurring financial income75 | €196,842 | €245,490 | €460,159 | €7,246 | ▼ 98.4% |
| Financial charges65/66B | - | - | - | €69,827 | - |
| Recurring financial charges65 | €74,140 | €72,116 | €69,917 | €69,827 | ▼ 0.1% |
| Profit (loss) for the period before taxes9903 | €561,341 | €287,587 | €483,418 | -€68,577 | ▼ 114% |
| Income taxes67/77 | €109,108 | €12,452 | €6,307 | - | - |
| Profit (loss) for the period9904 | €452,234 | €275,135 | €477,111 | -€68,577 | ▼ 114% |
| Profit (loss) for the period to be appropriated9905 | €452,234 | €275,135 | €477,111 | -€68,577 | ▼ 114% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5.5m | €5.0m | €5.0m | €4.9m | ▼ 3.1% |
| Fixed assets21/28 | €4.5m | €4.5m | €4.5m | €4.4m | ▼ 1.4% |
| Financial fixed assets28 | €4.5m | €4.5m | €4.5m | €4.4m | ▼ 1.4% |
| Current assets29/58 | €928,551 | €560,271 | €562,102 | €466,221 | ▼ 17.1% |
| Amounts receivable within one year40/41 | €735,379 | €545,537 | €560,292 | €449,619 | ▼ 19.8% |
| Trade receivables40 | - | - | - | €740 | - |
| Other amounts receivable41 | - | - | - | €448,879 | - |
| Cash at bank and in hand54/58 | €17,916 | €14,733 | €1,810 | €16,602 | ▲ 817% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5.5m | €5.0m | €5.0m | €4.9m | ▼ 3.1% |
| Equity10/15 | €3.0m | €3.0m | €3.5m | €3.4m | ▼ 2.0% |
| Contributions10/11 | €62,000 | €62,000 | - | €62,000 | - |
| Revaluation surpluses12 | - | - | - | €2.9m | - |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | - |
| Reserves not available under the articles1311 | - | - | - | €6,200 | - |
| Profit (loss) carried forward14 | - | - | €477,111 | €408,535 | ▼ 14.4% |
| Amounts payable17/49 | €2.4m | €2.1m | €1.6m | €1.5m | ▼ 5.6% |
| Amounts payable after more than one year17 | €1.9m | €1.7m | €1.6m | €1.5m | ▼ 4.2% |
| Other amounts payable178/9 | - | - | - | €1.5m | - |
| Amounts payable within one year42/48 | €564,666 | €388,285 | €30,424 | €6,326 | ▼ 79.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | - |
| Financial debts43 | - | - | - | €41 | - |
| Credit institutions430/8 | - | - | - | €41 | - |
| Trade debts44 | €1,831 | - | €2,586 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €6,284 | - |
| Taxes450/3 | - | - | - | €6,284 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €452,234 | €275,135 | €477,111 | -€68,577 | ▼ 114% |
| Operating cash flow (approximation) | €452,234 | €275,135 | €477,111 | -€68,577 | ▼ 114% |
| Investment in fixed assets (approximation) | - | €58,894 | €0 | €61,606 | - |
| Change in cash | - | -€3,183 | -€12,923 | €14,792 | ▲ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
31-12
Financial
Weakest financial yearnet -€68,577
Net result drops to -€68,577, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 73.70
Current ratio from 18.48 to 73.70; short-term debt falls from €30,424 to €6,326.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €477,111 ▲73.4%
Net result €477,111, the highest in the series.
31-12
Financial
Liquidity times 13current ratio 18.48
Current ratio from 1.44 to 18.48; short-term debt falls from €388,285 to €30,424.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
22-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 owner · 2 holdingsChain of control
Highest known parent: OPTIMALIS MANAGEMENT. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 2
-
100%
-
30%
According to the 2021 annual accounts of WIM 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.