WVM & PARTNERS
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2024.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 09-04-2025, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2024
21 d early
2023
23 d late
2022
40 d early
2021
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€143k
EBIT margin
55.2%
Net result
€274k▼ 46.6%
2023 · €514k
2021: €83k
2022: €81k
2023: €514k
2021 → 2024
Working capital
€-578k▲ 8.7%
2023 · €-633k
2021: €-93k
2022: €-930k
2023: €-633k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€143k
Equity€643k-€724k▲ 12.6%€1.24M▲ 70.9%€1.51M▲ 22.1%
Operating result€145k-€136k▼ 5.9%€186k▲ 36.4%€79k▼ 57.5%
Net result€83k-€81k▼ 2.2%€514k▲ 532%€274k▼ 46.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 58% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.85M
Fixed assets
€2.74M=
Current assets
€113k▲ 24.0%
Equity and liabilities €2.85M
Equity
€1.51M▲ 22.1%
Debt
€1.34M▼ 15.9%
The debt ratio falls from 56.3% to 47.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▼
2023 · €186k
Cash flow
€274k▼
2023 · €514k
Solvency
53.0%▲
2023 · 43.7%
Current ratio
0.16▲
2023 · 0.13
Quick ratio
0.16▲
2023 · 0.13
Debt / equity
0.89▼
2023 · 1.29
ROE
18.1%▼
2023 · 41.5%
ROA
9.6%▼
2023 · 18.2%
Interest coverage
4.07▼
2023 · 5.42
Debt
€1.34M▼
2023 · €1.59M
Debt ≤ 1 year
€691k▼
2023 · €724k
Debt > 1 year
€643k▼
2023 · €857k
Income taxes
€15k▼
2023 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.83M€2.85M▲
Formation expenses20€547€328▼
Fixed assets21/28€2.74M€2.74M=
Financial fixed assets28€2.74M€2.74M=
Affiliated companies280/1-€2.74M
Participating interests280-€2.74M
Current assets29/58€91k€113k▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€34k€88k▲
Trade receivables40€16k€0▼
Other amounts receivable41€19k€88k▲
Cash at bank and in hand54/58€57k€25k▼
Equity and liabilities
Total equity and liabilities10/49€2.83M€2.85M▲
Equity10/15€1.24M€1.51M▲
Contributions10/11€560k€560k=
Reserves13-€952k
Distributable reserves133-€952k
Profit (loss) carried forward14€678k€0▼
Amounts payable17/49€1.59M€1.34M▼
Amounts payable after more than one year17€857k€643k▼
Financial debts170/4€857k€643k▼
Credit institutions173-€643k
Amounts payable within one year42/48€724k€691k▼
Current portion of amounts payable after more than one year42€214k€214k=
Trade debts44€45k€2k▼
Suppliers440/4€45k€2k▼
Other amounts payable47/48€465k€475k▲
Accrued charges and deferred income492/3€11k€6k▼
Income statement
Code20232024
Operating income70/76A-€143k
Turnover70-€143k
Operating charges60/66A-€64k
Services and other goods61-€64k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€293€220▼
Other operating charges640/8€1k€141▼
Gross operating margin9900€187k-
Operating profit (loss)9901€186k€79k▼
Financial income75/76B€400k€230k▼
Recurring financial income75€400k€230k▼
Income from financial fixed assets750-€230k
Financial charges65/66B€34k€20k▼
Recurring financial charges65€34k€20k▼
Debt charges650-€19k
Other financial charges652/9-€731
Profit (loss) for the period before taxes9903€552k€289k▼
Income taxes67/77€38k€15k▼
Taxes670/3-€15k
Profit (loss) for the period9904€514k€274k▼
Profit (loss) for the period to be appropriated9905€514k€274k▼
Appropriation of the result
Profit (loss) to be appropriated9906€678k€952k▲
Profit (loss) brought forward from the previous period14P€164k€678k▲
Transfer to equity691/2-€952k
To other reserves6921-€952k
The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
18-03
State Gazette act
Merger · Accounting effect
Permanent representative
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Highest result since 2021net €514k ▲532%
Operating result €186k, net result €514k, both a record.
31-12
Financial
Equity above €1MEq €1.24M ▲70.9%
3 profitable years in a row build equity to €1.24M.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €81k ▼2.2%
Net result drops to €81k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Callens Vandelanotte