WM47
ActiveSummary
WM47 has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199k and a net result of €-25k. Its solvency ranks better than 45% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability41
Solvency48
Growth-
Track record67
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity short (current ratio 0.29; short-term debt: 29.9% and cash: 2.1% of total assets), and 76.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
3 d early
2024
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€199k
Total assets
€850k
Net result
€-25k
Working capital
€-180k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €850k
Fixed assets
€776k
Current assets
€74k
Equity and liabilities €850k
Equity
€199k
Debt
€651k
Debt finances 76.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€39k
Cash flow
€26k
Current ratio
0.29
Debt to equity
3.27
ROE
-12.8%
ROA
-3.0%
Interest coverage
3.10
Debt ≤ 1 year
€254k
Debt > 1 year
€397k
Income taxes
€0
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet
Code2025
Assets
Total assets20/58€850k
Fixed assets21/28€776k
Tangible fixed assets22/27€776k
Land and buildings22€776k
Current assets29/58€74k
Amounts receivable within one year40/41€55k
Trade receivables40€44k
Other amounts receivable41€11k
Cash at bank and in hand54/58€18k
Deferred charges and accrued income490/1€1k
Equity and liabilities
Total equity and liabilities10/49€850k
Equity10/15€199k
Contributions10/11€7k
Reserves13€192k
Non-distributable reserves130/1€696
Reserves not available under the articles1311€696
Tax-exempt reserves132€1k
Distributable reserves133€190k
Amounts payable17/49€651k
Amounts payable after more than one year17€397k
Financial debts170/4€397k
Amounts payable within one year42/48€254k
Current portion of amounts payable after more than one year42€40k
Trade debts44€18k
Suppliers440/4€18k
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Other amounts payable47/48€193k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k
Other operating charges640/8€9k
Gross operating margin9900€48k
Operating profit (loss)9901€-13k
Financial charges65/66B€13k
Recurring financial charges65€13k
Profit (loss) for the period before taxes9903€-25k
Income taxes67/77€0
Profit (loss) for the period9904€-25k
Profit (loss) for the period to be appropriated9905€-25k
Appropriation of the result
Profit (loss) to be appropriated9906€-25k
Transfer from equity791/2€25k
Transfer to equity691/2€0
To other reserves6921€0
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brugge · 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.
Wittemolenstraat 478200 BruggeGround area
2,168 m²
Building footprint
335 m²
Parcel 31030A0340/00Z003, Flanders. Linked by address, not a title deed.
1 establishment unit
WM47
since 20242.361.957.027
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31030A0340/00Z003 | Flanders | 2,168 m² | 1 · 335 m² | - |
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
CENTRE SAINT-HENRI
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REAL FOODS & CO
BE 0457.029.653
Veurne · Eq €198,929
IMMO-GROW
BE 0427.538.386
Harelbeke · Eq €198,677
Maja
BE 0404.593.829
Malle · Eq €199,064
CENTRE MEDICAL DU PARC
BE 0691.635.734
Etterbeek · Eq €199,072
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.