WM Logistics
ActiveThe computed 12-month bankruptcy probability of WM Logistics is 2.2% (moderate). The 2024 annual accounts show equity of €3.47M and a net result of €711k. Its solvency ranks better than 30% of 726 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability61
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days only on tighter terms
Liquidity tight (current ratio 1.05; short-term debt: 67.1% and cash: 0.3% of total assets), and 81.2% 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+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
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
18.8%
Return on assets
3.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€29.73M
EBIT margin
3.1%
Net result
€711k
Working capital
€651k
Balance-sheet composition
Assets €18.50M
Fixed assets
€5.43M
Current assets
€13.07M
Equity and liabilities €18.50M
Equity
€3.47M
Debt
€15.03M
Debt finances 81.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€1.12M
Cash flow
€898k
Solvency
18.8%
Current ratio
1.05
Quick ratio
1.05
Debt / equity
4.33
ROE
20.5%
ROA
3.8%
Interest coverage
12.79
Debt
€15.03M
Debt ≤ 1 year
€12.42M
Debt > 1 year
€2.59M
Income taxes
€274k
Staff costs
€1.00M
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€18.50M
Fixed assets21/28€5.43M
Tangible fixed assets22/27€3.53M
Land and buildings22€3.51M
Plant, machinery and equipment23€12k
Furniture and vehicles24€11k
Financial fixed assets28€1.90M
Affiliated companies280/1€1.90M
Participating interests280€1.90M
Current assets29/58€13.07M
Amounts receivable within one year40/41€13.00M
Trade receivables40€11.27M
Other amounts receivable41€1.73M
Cash at bank and in hand54/58€48k
Deferred charges and accrued income490/1€18k
Equity and liabilities
Total equity and liabilities10/49€18.50M
Equity10/15€3.47M
Contributions10/11€20k
Reserves13€3.36M
Tax-exempt reserves132€110k
Distributable reserves133€3.25M
Profit (loss) carried forward14€96k
Amounts payable17/49€15.03M
Amounts payable after more than one year17€2.59M
Financial debts170/4€2.59M
Credit institutions173€2.59M
Amounts payable within one year42/48€12.42M
Current portion of amounts payable after more than one year42€364k
Trade debts44€11.34M
Suppliers440/4€11.34M
Taxes, remuneration and social security45€473k
Taxes450/3€394k
Remuneration and social security454/9€79k
Other amounts payable47/48€242k
Accrued charges and deferred income492/3€15k
Income statement
Code2024
Operating income70/76A€30.05M
Turnover70€29.73M
Other operating income74€315k
Non-recurring operating income76A€500
Operating charges60/66A€29.12M
Goods for resale, raw materials and consumables60€21.81M
Purchases600/8€21.81M
Services and other goods61€5.82M
Remuneration, social security and pensions62€1.00M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€187k
Other operating charges640/8€302k
Operating profit (loss)9901€930k
Financial income75/76B€169k
Recurring financial income75€169k
Income from financial fixed assets750€169k
Other financial income752/9€129
Financial charges65/66B€113k
Recurring financial charges65€113k
Debt charges650€87k
Other financial charges652/9€26k
Profit (loss) for the period before taxes9903€986k
Income taxes67/77€274k
Taxes670/3€274k
Profit (loss) for the period9904€711k
Profit (loss) for the period to be appropriated9905€711k
Appropriation of the result
Profit (loss) to be appropriated9906€807k
Profit (loss) brought forward from the previous period14P€96k
Transfer to equity691/2€711k
To other reserves6921€711k
Social balance
Average headcount (FTE)908715.8
The notes to these accounts (46 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
NBB filing
Directors · office · real estate
Directors
4 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, Balen · 1 establishment unit since 2024
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.
Molsesteenweg 82490 BalenGround area
666 m²
Building footprint
623 m²
Volume, LiDAR
3,879 m³
Parcel 13003A1157/00D002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WM Logistics
since 20242.364.379.948
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A1157/00D002 | Flanders | 666 m² | 1 · 623 m² | 8.4 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.
Similar companies · same sector, comparable size
A - MODE STOCK
BE 0781.829.502
Brugge · Eq €3.47M
CWT Commodity Logistics (Antwerp)
BE 1025.787.074
Antwerpen · Eq €3.48M
Molenbergnatie
BE 0404.785.354
Antwerpen · Eq €3.46M
E-LOGISTECH
BE 0471.761.874
La Louvière · Eq €3.46M
Active Ants Belgium
BE 0759.722.113
Willebroek · Eq €3.43M
Of 1,030 companies in sector 52100 we hold annual accounts for 764. 447 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2024
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.