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WNM

Active
Public limited companyfounded 2002active for 24 yearsRue des Chanterelles 380, 4100 Seraing, BelgiumKBO/BCE: BE 0476.573.965
Summary

WNM has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354,659 and a net result of -€26,546. Equity is shrinking by about 7.9% per year across the filed financial years. Its solvency ranks better than 47% of 12,482 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Retail sale of electrical household appliances
NACE 47540Specialised image, lighting and sound technical services NACE 90393
1 site
Size
€1.0mtotal assets 2025
Staff
3.1 FTE
Equity
€354,659
Loss
-€26,546
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts filed 31 days late1 of 4 deeds read
Why 85raises riskLatest accounts 31 days late; 3 of the last 3 lateLoss of €26,546, the second in a row (financial year 2025)lowers riskSize: total assets €1.0mFounded in 2002Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 33% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency 59-3
equity 34.4% of total assets
Liquidity 36+3
short-term debt 59.9% · cash 13.9%
Profitability 16+9
return on assets -2.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,188 companies, NACE 47, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 1.0%▲ +0.6 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 0.9%▼ -0.1 percentage points vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -1.0 percentage point vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.26, compared with 1.63 in 2024; short-term debt: 59.9% and cash: 13.9% of total assets), and 65.6% of the assets are financed with debt.
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 47, micro): better than 50% on solvency, 33% on liquidity, 20% on profitability and 29% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €1.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2002
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Loss of €26,546, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€26,546
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
61 days late
2023
61 days late
2022
31 days late
2021
13 days late
2020
30 days late
2019
83 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 44 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Gaëtan Crenier (director) and Claire…Appointment: Gaëtan Crenier (managing director)
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 13% on net resultsector median €28,206 · 12,471 companies -€26,546 View
  • Positive: Result rose in 2025from -€95,217 to -€26,546 ▲ 72.1% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€26,546 View
  • New directorlatest change 05-10-2026 · 2 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€1.0m
Loss
-€26,546
Solvency
34.4%
Total assets▲ 0.9%
Net result
20182025
Go to Financials

Timeline

Events
27
Since
2003
Next accounts
by 31-07-2027
  1. 30-09-2024Annual accounts filed
  2. 31-08-2023Annual accounts filed
  3. 13-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of electrical household appliancesNACE 47540
Founded
09-01-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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