Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2010 to 2025 closed with a loss. 2010 was the heaviest.
In July 2024, 6,635 companies had the same profile as WIMA has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,635 companies, not a prediction for WIMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| WIMA Leuven | €65,627 | -€9,422 | -596.0% | - |
| SONORO Yvoir | €68,599 | -€607 | 36.6% | - |
| SFINX PYRAMID Aartselaar | €49,154 | -€18,166 | 83.6% | - |
| MOVIESTAR Ghent | €60,656 | €1,001 | 39.7% | - |
| AGIBELCO Limbourg | €44,000 | -€935 | -62.0% | 0 |
| BATI - RENT Châtelet | €57,657 | -€35,445 | 15.7% | - |
| BELUX - RENTING Nieuwerkerken (Limb.) | €90,840 | -€2,346 | 98.7% | - |
These companies have the same main activity as WIMA: renting and leasing of other personal and household goods (NACE 77229). They are comparable in size and age: total assets between €44,000 and €90,800, founded between 1984 and 1999.
WIMA files the micro format. That format states no turnover. The gross margin fell from €3,433 in 2007 to -€9,422 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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