Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3 to 2.
Financials
Financial year 2025
WM SUPPLIES (B) from Kuurne, company number BE0431207659, closed financial year 2025 with a result of € 4,312 after tax. For that financial year WM SUPPLIES (B) recorded revenue of € 21.1 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € -50,311 to € 4,312. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 1.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,312
▲ still € 50,311 loss in 2024
Profit after tax over the fiscal year.
€ 162
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
2
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 206,850
▲ 4% vs 2024
€ 103,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.7 million
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 111,179
▲ 94% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,972,167 | € 24,270,868 | € 22,004,738 | € 21,051,228 | ▼ 4% |
| Profit after taxes | € 59,566 | € -30,906 | € -50,311 | € 4,312 | ▲ € 54,623 |
| Equity | € 1,374,945 | € 1,344,038 | € 1,293,727 | € 1,298,039 | |
| Total debts | € 2,300,140 | € 1,848,961 | € 1,714,444 | € 1,873,840 | ▲ 9% |
| Cash | € 973 | € 47,925 | € 784 | € 162 | ▼ 79% |
| Retained profit | € 1,325,366 | € 1,294,460 | € 1,244,148 | € 1,248,460 | |
| Bank debt | € 387,500 | € 403,467 | € 27,500 | € 0 | ▼ 100% |
| Balance sheet total | € 3,675,085 | € 3,249,566 | € 3,008,171 | € 3,171,879 | ▲ 5% |
| Employees (FTE) | 4 | 3 | 2.6 | 2 | ▼ 0.6 |
Key figures of WM SUPPLIES (B), fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to WM SUPPLIES (B)?
What happened at WM SUPPLIES (B) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,312. Source: NBB ↗
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,566 profit in 2022 to € 4,312 profit in 2025.
Paid € 4,136 in corporate taxes since 2022.
Best year ever: 2022, with € 59,566 profit.
Pays suppliers within 30 days on average.
Management
The stake of NORTHWEST FLAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WM SUPPLIES (B)Behind WM SUPPLIES (B) is Patrick LAGAE. The shares are held by NORTHWEST FLAX. It owns 49.2% of WM HOPITAL itself.
Directors
According to the 2025 annual accounts
Patrick LAGAE
Director
Shareholders
Participations
49.2%
Establishments
Establishment units
Physical locations of this company
Kortrijksestraat 30
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GLOBAL-E, NL
Website info
Features
Security
Details
- Company number
- 0431.207.659
- VAT number
- BE 0431.207.659
- Registered office
- Kortrijksestraat 30, 8520 Kuurne
- Names & denominations
- WM SUPPLIES (B)
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 1987
- Peppol
- Active · Active since 12 Nov 2024
- Contact
- wmsupplies.be
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