WM & FB
ActiveSummary
The computed 12-month bankruptcy probability of WM & FB is 5.2% (elevated). The 2025 annual accounts show negative equity (-€8,375) and a net result of -€10,854. Equity is shrinking by ~167.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 4718 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €263 | €5,935 | €1,161 | ▼ 80.4% |
| Other operating charges640/8 | €225 | €406 | €28,894 | ▲ 7,013% |
| Gross operating margin9900 | -€1,571 | €9,143 | €20,096 | ▲ 120% |
| Operating profit (loss)9901 | -€2,058 | €2,802 | -€9,958 | ▼ 455% |
| Financial income75/76B | - | €4 | - | - |
| Recurring financial income75 | - | €4 | - | - |
| Financial charges65/66B | €22 | €246 | €765 | ▲ 210% |
| Recurring financial charges65 | €22 | €246 | €765 | ▲ 210% |
| Profit (loss) for the period before taxes9903 | -€2,080 | €2,559 | -€10,723 | ▼ 519% |
| Income taxes67/77 | - | - | €131 | - |
| Profit (loss) for the period9904 | -€2,080 | €2,559 | -€10,854 | ▼ 524% |
| Profit (loss) for the period to be appropriated9905 | -€2,080 | €2,559 | -€10,854 | ▼ 524% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1,275 | €50,208 | €84,162 | ▲ 67.6% |
| Formation expenses20 | €788 | €578 | €368 | ▼ 36.4% |
| Fixed assets21/28 | - | €27,275 | €45,935 | ▲ 68.4% |
| Tangible fixed assets22/27 | - | €27,275 | €45,935 | ▲ 68.4% |
| Furniture and vehicles24 | - | €27,275 | €45,935 | ▲ 68.4% |
| Current assets29/58 | €487 | €22,356 | €37,859 | ▲ 69.3% |
| Amounts receivable within one year40/41 | - | €3,985 | €10,306 | ▲ 159% |
| Trade receivables40 | - | €3,985 | - | - |
| Other amounts receivable41 | - | - | €10,306 | - |
| Cash at bank and in hand54/58 | €487 | €18,131 | €27,553 | ▲ 52.0% |
| Deferred charges and accrued income490/1 | - | €240 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1,275 | €50,208 | €84,162 | ▲ 67.6% |
| Equity10/15 | -€80 | €2,479 | -€8,375 | ▼ 438% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€2,080 | €479 | -€10,375 | ▼ 2,266% |
| Amounts payable17/49 | €1,355 | €47,729 | €92,537 | ▲ 93.9% |
| Amounts payable after more than one year17 | - | - | €37,420 | - |
| Financial debts170/4 | - | - | €37,420 | - |
| Amounts payable within one year42/48 | €1,355 | €47,729 | €55,108 | ▲ 15.5% |
| Current portion of amounts payable after more than one year42 | - | - | €8,750 | - |
| Trade debts44 | €300 | €8,129 | €10,099 | ▲ 24.2% |
| Suppliers440/4 | €300 | €8,129 | €10,099 | ▲ 24.2% |
| Taxes, remuneration and social security45 | - | €8 | - | - |
| Taxes450/3 | - | €8 | - | - |
| Other amounts payable47/48 | €1,055 | €39,591 | €36,259 | ▼ 8.4% |
| Accrued charges and deferred income492/3 | - | - | €9 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,080 | €2,559 | -€10,854 | ▼ 524% |
| + Depreciation and write-downs630 | €263 | €5,935 | €1,161 | ▼ 80.4% |
| Operating cash flow (approximation) | -€1,818 | €8,495 | -€9,694 | ▼ 214% |
| Investment in fixed assets (approximation) | - | - | -€19,821 | - |
| Change in cash | - | €17,643 | €9,422 | ▼ 46.6% |
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
About the unread acts
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0283/00V007 | Wallonia | 713 m² | 1 · 162 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.