WM HOLDING
ActiveWM HOLDING has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.52M and a net result of €159k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 58% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-18
Solvency77▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 4.55 in 2023; short-term debt: 13.8% and cash: 11.6% of total assets), and 47.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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
52.5%
Return on assets
3.3%
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 16-04-2025, 106 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
106 d early
2023
26 d early
2022
62 d early
2021
44 d early
2020
43 d early
2019
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.52M▼ 11.9%
2023 · €2.86M
2018: €1.02M
2019: €1.18M
2020: €1.72M
2021: €2.07M
2022: €2.57M
2023: €2.86M
2018 → 2024
Total assets
€4.80M▲ 7.0%
2023 · €4.49M
2018: €2.89M
2019: €2.90M
2020: €3.99M
2021: €3.62M
2022: €4.03M
2023: €4.49M
2018 → 2024
Net result
€159k▼ 63.0%
2023 · €429k
2018: €300k
2019: €202k
2020: €538k
2021: €457k
2022: €631k
2023: €429k
2018 → 2024
Working capital
€34k▼ 96.6%
2023 · €991k
2018: €-109k
2019: €-69k
2020: €790k
2021: €659k
2022: €527k
2023: €991k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.72M-€2.07M▲ 20.4%€2.57M▲ 24.4%€2.86M▲ 11.2%€2.52M▼ 11.9%
Operating result€320k-€181k▼ 43.5%€171k▼ 5.2%€141k▼ 17.9%€28k▼ 79.9%
Net result€538k-€457k▼ 15.0%€631k▲ 38.0%€429k▼ 32.0%€159k▼ 63.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 80% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.80M
Fixed assets
€4.10M▲ 27.5%
Current assets
€697k▼ 45.1%
Equity and liabilities €4.80M
Equity
€2.52M▼ 11.9%
Debt
€2.28M▲ 40.1%
The debt ratio rises from 36.3% to 47.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€217k▲
2023 · €202k
Cash flow
€347k▼
2023 · €491k
Solvency
52.5%▼
2023 · 63.7%
Current ratio
1.05▼
2023 · 4.55
Quick ratio
1.05▼
2023 · 1.16
Debt / equity
0.91▲
2023 · 0.57
ROE
6.3%▼
2023 · 15.0%
ROA
3.3%▼
2023 · 9.6%
Interest coverage
4.77▼
2023 · 6.48
Debt
€2.28M▲
2023 · €1.63M
Debt ≤ 1 year
€663k▲
2023 · €279k
Debt > 1 year
€1.62M▲
2023 · €1.35M
Income taxes
€2k▼
2023 · €28k
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€4.49M€4.80M▲
Fixed assets21/28€3.22M€4.10M▲
Tangible fixed assets22/27€2.18M€3.07M▲
Land and buildings22€1.75M€2.65M▲
Plant, machinery and equipment23€38k€30k▼
Furniture and vehicles24€28k€15k▼
Other tangible fixed assets26€144k€136k▼
Assets under construction and advance payments27€228k€236k▲
Financial fixed assets28€1.04M€1.03M▼
Current assets29/58€1.27M€697k▼
Amounts receivable after more than one year29€100k€100k=
Other amounts receivable291€100k€100k=
Stocks and contracts in progress3€945k€0▼
Stocks30/36€945k€0▼
Amounts receivable within one year40/41€4k€33k▲
Trade receivables40€2k€301▼
Other amounts receivable41€2k€33k▲
Current investments50/53€50k€0▼
Cash at bank and in hand54/58€164k€557k▲
Deferred charges and accrued income490/1€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€4.49M€4.80M▲
Equity10/15€2.86M€2.52M▼
Contributions10/11€94k€94k=
Reserves13€2.77M€2.42M▼
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€9k€9k=
Distributable reserves133€2.76M€2.42M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.63M€2.28M▲
Amounts payable after more than one year17€1.35M€1.62M▲
Financial debts170/4€1.35M€1.62M▲
Amounts payable within one year42/48€279k€663k▲
Current portion of amounts payable after more than one year42€130k€138k▲
Financial debts43€43k€7k▼
Credit institutions430/8€7k€0▼
Other loans439€36k€7k▼
Trade debts44€10k€2k▼
Suppliers440/4€10k€2k▼
Taxes, remuneration and social security45€13k€15k▲
Taxes450/3€13k€13k▲
Remuneration and social security454/9€579€2k▲
Other amounts payable47/48€83k€501k▲
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20232024
Non-recurring operating income76A€444€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€188k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€204k€219k▲
Operating profit (loss)9901€141k€28k▼
Financial income75/76B€347k€179k▼
Recurring financial income75€347k€179k▼
Financial charges65/66B€31k€45k▲
Recurring financial charges65€31k€45k▲
Profit (loss) for the period before taxes9903€457k€161k▼
Income taxes67/77€28k€2k▼
Profit (loss) for the period9904€429k€159k▼
Profit (loss) for the period to be appropriated9905€429k€159k▼
Appropriation of the result
Profit (loss) to be appropriated9906€429k€159k▼
Transfer from equity791/2€141k€500k▲
Transfer to equity691/2€429k€159k▼
To other reserves6921€429k€159k▼
Profit to be distributed694/7€141k€500k▲
Return on contributions (dividend)694€141k€500k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €159k ▼63%
Net result drops to €159k, the lowest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 4.55
Current ratio from 1.93 to 4.55; short-term debt falls from €568k to €279k.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €631k ▲38%
Net result €631k, the highest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.07M ▲20.4%
4 profitable years in a row build equity to €2.07M.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 2.23
Current ratio from 0.81 to 2.23.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
03-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Koksijde · 1 establishment unit since 2012
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.
Conterdijk(Wul) 98670 KoksijdeGround area
4,056 m²
Building footprint
206 m²
Volume, LiDAR
865 m³
Parcel 38027A0078/00E000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WM Holding
since 20122.211.840.124
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38027A0078/00E000 | Flanders | 4,056 m² | 1 · 206 m² | 8.5 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
Legal Entity Identifier
699400FY4PFVHYLBBT57
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Of 2,258 companies in sector 69102 we hold annual accounts for 1,754. 870 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-08-2012
Fiscal year end31-12
Activities, NACEBEL
69102Activities of notaries
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.