WM Studio
ActiveSummary
WM Studio has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320,628 and a net result of €10,200. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 69% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €320,628
- Profit
- €10,200
Why 95lowers riskLiquidity: current ratio 4.16, cash €311,857Sector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €421,208Equity €320,628 (76.1% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 85% on solvency, 79% on liquidity, 30% on profitability and 48% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 46 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €10,200 ▼93.2%
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 93% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
- 2025 Net result -93% on 2024. The accounts now follow the micro format, last year the full format.
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 0.9% |
| 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 74.5% 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 2,546 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 | €367 | €1,303 | €2,270 | ▲ 74.2% |
| Other operating charges640/8 | €415 | €387 | €474 | ▲ 22.5% |
| Gross operating margin9900 | €155,307 | €195,837 | €16,367 | ▼ 91.6% |
| Operating profit (loss)9901 | €154,525 | €194,147 | €13,623 | ▼ 93.0% |
| Financial income75/76B | €67 | €333 | €7 | ▼ 97.9% |
| Recurring financial income75 | €67 | €333 | €7 | ▼ 97.9% |
| Financial charges65/66B | €127 | €1,283 | €734 | ▼ 42.8% |
| Recurring financial charges65 | €127 | €1,283 | €734 | ▼ 42.8% |
| Profit (loss) for the period before taxes9903 | €154,465 | €193,197 | €12,896 | ▼ 93.3% |
| Income taxes67/77 | €33,794 | €43,440 | €2,696 | ▼ 93.8% |
| Profit (loss) for the period9904 | €120,671 | €149,757 | €10,200 | ▼ 93.2% |
| Profit (loss) for the period to be appropriated9905 | €120,671 | €149,757 | €10,200 | ▼ 93.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €412,595 | €422,990 | €421,208 | ▼ 0.4% |
| Fixed assets21/28 | €2,075 | €5,044 | €2,774 | ▼ 45.0% |
| Tangible fixed assets22/27 | €2,075 | €5,044 | €2,774 | ▼ 45.0% |
| Plant, machinery and equipment23 | €2,075 | €5,044 | €2,774 | ▼ 45.0% |
| Current assets29/58 | €410,520 | €417,946 | €418,434 | ▲ 0.1% |
| Amounts receivable within one year40/41 | €121,130 | €275,282 | €106,577 | ▼ 61.3% |
| Trade receivables40 | €103,819 | €275,282 | €106,577 | ▼ 61.3% |
| Other amounts receivable41 | €17,311 | - | - | - |
| Cash at bank and in hand54/58 | €289,390 | €142,664 | €311,857 | ▲ 119% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €412,595 | €422,990 | €421,208 | ▼ 0.4% |
| Equity10/15 | €160,671 | €310,428 | €320,628 | ▲ 3.3% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | €120,671 | €270,428 | €280,628 | ▲ 3.8% |
| Amounts payable17/49 | €251,924 | €112,562 | €100,580 | ▼ 10.6% |
| Amounts payable within one year42/48 | €251,924 | €112,562 | €100,580 | ▼ 10.6% |
| Trade debts44 | €217,707 | €47,258 | €96,955 | ▲ 105% |
| Suppliers440/4 | €217,707 | €47,258 | €96,955 | ▲ 105% |
| Taxes, remuneration and social security45 | €33,794 | €64,638 | €2,959 | ▼ 95.4% |
| Taxes450/3 | €33,794 | €64,638 | €2,959 | ▼ 95.4% |
| Other amounts payable47/48 | €423 | €666 | €666 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €120,671 | €149,757 | €10,200 | ▼ 93.2% |
| + Depreciation and write-downs630 | €367 | €1,303 | €2,270 | ▲ 74.2% |
| Operating cash flow (approximation) | €121,038 | €151,060 | €12,470 | ▼ 91.7% |
| Investment in fixed assets (approximation) | - | -€4,272 | €0 | - |
| Change in cash | - | -€146,726 | €169,193 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-05-2026 | 2026-00123090 |
| 31-12-2024 | full format | 03-07-2025 | 2025-00244562 |
| 31-12-2023 | full format | 17-06-2024 | 2024-00138458 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BOHEZ Mattias Patrick Chantal |
|
| GLINOER Nicolas |
|
| BOHEZ Mattias |
|
Owners and capital
Capital and shareholders
- GENOT Céline Denise Fabienne founder
- BOHEZ Mattias Patrick Chantal founder
- ARONSSON-BROWN Noah Christy founder
- CINQUINO Michele founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-02-2023 Incorporation · €40,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
30-04
Gazette deed
Resignation: BOHEZ Mattias (director)Appointment: GLINOER Nicolas (director) · Director discharge4 facts ▸
- General meeting, 01-04-2024
- Director resignation, BOHEZ Mattias (director)
- Director discharge, BOHEZ Mattias (director)
- Director appointment, GLINOER Nicolas (director)
20-02
Gazette deed
IncorporationAppointment: BOHEZ Mattias Patrick Chantal (director) · Founder · Founding capital10 facts ▸
- Founder, GENOT Céline Denise Fabienne (constituant)
- Founder, BOHEZ Mattias Patrick Chantal (constituant)
- Founder, ARONSSON-BROWN Noah Christy (constituant)
- Founder, CINQUINO Michele (constituant)
- Incorporation, 15-02-2023
- Founding capital, €40,000
- Bank account, “Banque Belfius”, 40000 (deed in French)
- Registered office clause, “1070 Anderlecht,rue des Fruits 69” (deed in French)
- Board rule, 1
- Director appointment, BOHEZ Mattias Patrick Chantal (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21001A0333/00P002 | Brussels | 127 m² | 1 · 80 m² | 12.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Services créatifs et techniques au service de la communication d'entreprise, comprenant entre autres la création, le développement et…” (deed in French)
16 activities (deed in French)
- Services créatifs et techniques au service de la communication d'entreprise, comprenant entre autres la création, le développement et l'hébergement de sites web
- Toute opération matérielle ou conceptuelle relative à l'audiovisuel, la télévision, le cinéma, la vidéo, la musique, l'internet, le multimédia
- La conception, la création, la sous-traitance, l'achat, la vente, la location, la transformation, la maintenance et l'hébergement de sites internet
- La communication sous toutes ses formes et la publicité
- L'informatique (matériels et logiciels) et l'infographie
- Les prestations de services et de conseils en gestion générale, technique, commerciale, financière, informatique, de la communication
- Le développement de projets industriels, commerciaux et financiers
- L'exploitation de toutes licences, brevets et marques
- La valorisation de toutes connaissances techniques non brevetées
- La production audiovisuelle, sous quelque forme que ce soit
- La gestion et la prise de participations sous n'importe quelle forme que ce soit dans toutes sociétés belges et étrangères, tant en vue de les valoriser qu'en exercice pur et simple de mandat d'administration
- La gestion de patrimoine mobilier et/ou immobilier, incluant l'achat d'instruments financiers de toutes sortes
- Toute opération liée à l'achat, à la vente et aux conseils médias ainsi que toute opération se rapportant directement ou indirectement au secteur de la communication, de la promotion et des médias au sens le plus large et, en particulier, toute opération liée à la gestion, au conseil, à la stratégie, au planning, à l'achat et à la vente, dédiée aux médias numériques et interactifs
- La vente, l'importation, l'exportation, l'impression et le marketing de ses produits ainsi que tous services se rapportant directement ou indirectement à ses activités
- L'organisation d'événements, manifestations d'ordre culturel, sportif, artistique ou commercial
- La création artistique, sous quelque forme que ce soit, et les propriétés intellectuelles en résultant
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, personnes physiques ou morales,actionnaires ou non” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of June at 15:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Apurement dettes,charges et frais ou consignation montants nécessaires, actif net réparti entre actionnaires en proportion de leurs actions…” (deed in French)