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WMX

Active
Private limited company (pre-2019)founded 2009active for 16 yearsOlenseweg 55, 2260 Westerlo, BelgiumKBO/BCE: BE 0820.508.350
Summary

The computed 12-month bankruptcy probability of WMX is 8.3% (elevated). For WMX, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €113,295 and a net result of -€90,428. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 35% of 22,623 sector peers (NACE 47, financial year 2022). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of bicycles
NACE 47632
1 site
Size
€675,736total assets 2022
Equity
€113,295
Loss
-€90,428
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
8.3%
2022 figures too old to score
Structure
Accounts 804 days overdue0 of 1 deed read
Signalsraises riskFigures for financial year 2022 (filed 27-09-2023)3 financial years not filed after the legal deadline; latest accounts 58 days late; 3 of the last 3 lateLoss of €90,428 (financial year 2022)No filing in 24 months (latest 27-09-2023)Two or more financial years not filedneutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 42-8
equity 16.8% of total assets
Liquidity 11-20
short-term debt 81.5% · cash 4.2%
Profitability 2-70
return on assets -13.4%
Bankruptcy probability, 12 months
8.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,192 companies, NACE 47, micro)
Last 24 months 11-2024: 3.1%lowest value 12-2024: 4.0%▲ +0.9 percentage points vs 11-2024 01-2025: 6.2%▲ +2.2 percentage points vs 12-2024 02-2025: 6.2%● unchanged vs 01-2025 03-2025: 6.4%▲ +0.2 percentage points vs 02-2025 04-2025: 5.9%▼ -0.5 percentage points vs 03-2025 05-2025: 5.9%● unchanged vs 04-2025 06-2025: 5.9%● unchanged vs 05-2025 07-2025: 6.1%▲ +0.2 percentage points vs 06-2025 08-2025: 7.8%▲ +1.7 percentage points vs 07-2025 09-2025: 7.8%● unchanged vs 08-2025 10-2025: 8.7%▲ +0.9 percentage points vs 09-2025highest value 11-2025: 8.7%● unchanged vs 10-2025highest value 12-2025: 8.7%● unchanged vs 11-2025highest value 01-2026: 8.7%● unchanged vs 12-2025highest value 02-2026: 8.6%▼ -0.1 percentage points vs 01-2026 03-2026: 8.6%● unchanged vs 02-2026 04-2026: 8.6%● unchanged vs 03-2026 05-2026: 8.6%● unchanged vs 04-2026 06-2026: 8.6%● unchanged vs 05-2026 07-2026: 8.6%● unchanged vs 06-2026 08-2026: 8.3%▼ -0.3 percentage points vs 07-2026 09-2026: 8.3%● unchanged vs 08-2026 10-2026: 8.3%● unchanged vs 09-2026
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Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2022 (filed 27-09-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 58 days late; 3 of the last 3 late
NBB · filings
raises risk · Loss of €90,428 (financial year 2022)
NBB · annual accounts
raises risk · No filing in 24 months (latest 27-09-2023)
NBB · filings
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-09-2023, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
58 days late
2021
78 days late
2020
31 days late
2019
67 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 59 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…
  2. Weakest financial yearnet -€90,428
  3. Annual accounts filedfinancial year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 804 days late View
  • Caution: From profit to loss in 2022after €19,077 in 2021 -€90,428 View
  • Caution: Among the weakest 5% on net resultsector median €4,447 · 22,597 companies -€90,428 View

By topic

Financials

Financial year
2022
Total assets
€675,736
Loss
-€90,428
Solvency
16.8%
Total assets▼ 17.6%
Net result
20182022
Go to Financials

Timeline

Events
16
Since
2011
  1. 31-12-2021Equity above €200,000
  2. 31-08-2021Annual accounts filed
  3. 06-10-2020Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of bicyclesNACE 47632
Founded
06-11-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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