WSM Concept
The computed 12-month bankruptcy probability of WSM Concept is 2.9% (moderate). The 2024 annual accounts show equity of €24k and a net result of €1k. Its solvency ranks better than 36% of 11120 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €24k |
| Net result | €1k |
| Better than sector | 36% |
| Active | 3 yrs |
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 29.2% | 40.9% | |
| Net result | €1k | €11k | |
| Equity | €24k | €34k | |
| Gross operating margin | €7k | €35k | |
| Total assets | €81k | €94k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €7k |
| Net profit | €1k |
| Cash flow | €6k |
| Staff costs | - |
| Income taxes | €767 |
| Dividends | €833 |
| Total assets | €81k |
| Equity | €24k |
| Debt | €58k |
| of which ≤ 1y | €58k |
| of which > 1y | - |
| Working capital | €12k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.22 |
| Quick ratio | 1.22 |
| Working capital ratio | 15.3% |
| Solvency | 29.2% |
| Debt / equity | 2.42 |
| Long-term debt ratio | - |
| Interest coverage | 65.51 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.8% |
| ROE | 6.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €81k |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €11k |
| Current assets | 29/58 | €70k |
| Amounts receivable within one year | 40/41 | €65k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €81k |
| Equity | 10/15 | €24k |
| Contributions / capital | 10/11 | €500 |
| Reserves | 13 | €23k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €58k |
| Amounts payable within one year | 42/48 | €58k |
| Trade debts payable within one year | 44 | €25k |
| Income statement | ||
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €2k |
| Financial income | 75 | €650 |
| Financial charges | 65 | €100 |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €767 |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
-
Current01-07-2026 → present
| NACE primary | Schrijnwerk(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 16-12-2022 |
| Status | Active |
| Postal code | 3071 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24025G0080/00B002 | Flanders | 1,048 m² | 1 · 338 m² | 10.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
07-08-2026 General meeting · Officer appointment · Mandate compensation
- Publication: 07/08/2026 · WSM Concept
- Filing: 30/07/2023 · WSM Concept
- General meeting: 16/06/2026 · WSM Concept
- Officer appointment: role: niet-statutaire bestuurder, term: onbepaalde duur, start_date: 2026-07-01 · Senne Michiels
- Mandate compensation: bezoldigd · Senne Michiels
Technical details
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}| Legal nameNL | WSM Concept |
| AbbreviationNL | WSM |