W.S. MANAGEMENT
W.S. MANAGEMENT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.79M and a net result of €203k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 8388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €2.79M |
| Net result | €203k |
| Better than sector | 88% |
| Active | 24 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 91.9% | 53.1% | |
| Net result | €203k | €38k | |
| Equity | €2.79M | €354k | |
| Gross operating margin | €60k | €87k | |
| Total assets | €3.03M | €923k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €59k | €78k | €61k | €87k | €63k |
| Net profit | €203k | €188k | €275k | €49k | €30k |
| Cash flow | €238k | €212k | €290k | €63k | €44k |
| Staff costs | - | - | - | - | - |
| Income taxes | €22k | €29k | €35k | €22k | €15k |
| Dividends | €53k | €14k | - | €60k | - |
| Total assets | €3.03M | €1.88M | €1.59M | €1.66M | €1.65M |
| Equity | €2.79M | €1.63M | €1.45M | €1.18M | €1.19M |
| Debt | €245k | €253k | €141k | €484k | €460k |
| of which ≤ 1y | €166k | €142k | €136k | €474k | €436k |
| of which > 1y | €74k | €105k | - | €6k | €20k |
| Working capital | €271k | €118k | €-25k | €-304k | €-288k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.63 | 1.83 | 0.82 | 0.36 | 0.34 |
| Quick ratio | 2.63 | 1.83 | 0.82 | 0.36 | 0.34 |
| Working capital ratio | 8.9% | 6.3% | -1.6% | -18.3% | -17.5% |
| Solvency | 91.9% | 86.5% | 91.1% | 70.9% | 72.1% |
| Debt / equity | 0.09 | 0.16 | 0.10 | 0.41 | 0.39 |
| Long-term debt ratio | 0.03 | 0.06 | - | 0.01 | 0.02 |
| Interest coverage | 5.99 | 7.68 | 9.72 | 18.64 | 12.62 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 6.7% | 10.0% | 17.2% | 3.0% | 1.8% |
| ROE | 7.3% | 11.6% | 18.9% | 4.2% | 2.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €3.03M | €1.88M | €1.59M | €1.66M | €1.65M |
| Fixed assets | 21/28 | €2.59M | €1.62M | €1.48M | €1.49M | €1.50M |
| Tangible fixed assets | 22/27 | €115k | €150k | €14k | €23k | €31k |
| Financial fixed assets | 28 | €2.48M | €1.47M | €1.47M | €1.47M | €1.47M |
| Current assets | 29/58 | €437k | €260k | €111k | €170k | €148k |
| Amounts receivable within one year | 40/41 | €253k | €173k | €102k | €140k | €106k |
| Cash & bank | 54/58 | €182k | €86k | €6k | €29k | €40k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.03M | €1.88M | €1.59M | €1.66M | €1.65M |
| Equity | 10/15 | €2.79M | €1.63M | €1.45M | €1.18M | €1.19M |
| Contributions / capital | 10/11 | €635k | €635k | €635k | €635k | €635k |
| Reserves | 13 | €1.14M | €992k | €818k | €544k | €554k |
| Amounts payable | 17/49 | €245k | €253k | €141k | €484k | €460k |
| Amounts payable after one year | 17 | €74k | €105k | - | €6k | €20k |
| Amounts payable within one year | 42/48 | €166k | €142k | €136k | €474k | €436k |
| Trade debts payable within one year | 44 | €2k | €5k | €2k | €5k | €30k |
| Income statement | ||||||
| Gross operating margin | 9900 | €60k | €80k | €65k | €89k | €66k |
| Operating result | 9901 | €24k | €54k | €45k | €73k | €49k |
| Financial income | 75 | €215k | €173k | €271k | €2k | €907 |
| Financial charges | 65 | €10k | €10k | €6k | €5k | €5k |
| Result before taxes | 9903 | €226k | €217k | €310k | €71k | €45k |
| Income taxes | 67/77 | €22k | €29k | €35k | €22k | €15k |
| Net result for the period | 9904 | €203k | €188k | €275k | €49k | €30k |
| Result to be appropriated | 9905 | €203k | €188k | €275k | €49k | €30k |
Former directors (1)
-
Willy FaesDirectorState Gazette act 23154459 (04-12-2023)Former- → 26-05-2023
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 10-07-2002 |
| Status | Active |
| Postal code | 2400 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13432B2177/00S113 | Flanders | 285 m² | 1 · 93 m² | 10.4 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-03-2024 Change in the board of directors
Technical details
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"events": [
{
"kind": "substantive_delegation",
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"kbo": "0553.694.113",
"name": "SBK Accountancy",
"address": "2440 Geel Winkelomseheide 210",
"country": "BE",
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],
"notary": {
"name": "Jan VAN ERMENGEM",
"firm_city": null,
"firm_name": null,
"office_city": "Meerhout",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-27",
"filing_date": "2024-03-25",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-03-19",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0477.957.996",
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},
"co_filed_documents": [
"expeditie van de akte",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}04-12-2023 Mandate of Willy Faes as director ended by death
- Willy Faes, Bestuurder
Technical details
{
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"effective_date": "2023-05-26",
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"act_meta": {
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}| Legal nameNL | W.S. MANAGEMENT |