Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
W & M Projects and Stables from Asse, company number BE0473048511, closed financial year 2025 with a result of € 9,595 after tax. For that financial year W & M Projects and Stables recorded a gross margin of € 40,923 and equity of € 17,283. Compared with financial year 2024, the result moved from € 5,536 to € 9,595. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 17,283
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,595
▲ 73% vs 2024
Profit after tax over the fiscal year.
€ 5,304
▲ 142% 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 € 2,283.
People and assets in 2025
€ 31,149
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 99,768
▲ 205% vs 2024
€ 8,593 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,738
▲ € 1,698 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,663 | € 14,337 | € 27,179 | € 40,923 | ▲ 51% |
| Profit after taxes | € 14,816 | € 4,219 | € 5,536 | € 9,595 | ▲ 73% |
| Equity | € 3,318 | € 7,538 | € 13,074 | € 17,283 | ▲ 32% |
| Total debts | € 23,273 | € 57,003 | € 49,244 | € 102,490 | ▲ 108% |
| Cash | € 4,673 | € 1,731 | € 2,191 | € 5,304 | ▲ 142% |
| Retained profit | € -17,067 | € -12,848 | € -7,311 | € 2,283 | ▲ € 9,595 |
| Bank debt | € 0 | € 38,140 | € 32,734 | € 99,768 | ▲ 205% |
| Balance sheet total | € 26,592 | € 64,541 | € 62,319 | € 119,773 | ▲ 92% |
Key figures of W & M Projects and Stables, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to W & M Projects and Stables?
What happened at W & M Projects and Stables in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,595 (▲ 73% vs 2024). Source: NBB ↗
- Melissa Horlait became a director. NBB
- Wim Van Praet became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,816 profit in 2022 to € 9,595 profit in 2025.
Paid € 6,821 in corporate taxes since 2022.
Best year ever: 2022, with € 14,816 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind W & M Projects and Stables are Melissa Horlait and Wim Van Praet.
Directors
According to the 2025 annual accounts
Melissa Horlait
Director
since 2022
Wim Van Praet
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Hogeweg 94
1730 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.048.511
- VAT number
- BE 0473.048.511
- Registered office
- Hogeweg 94, 1730 Asse
- Names & denominations
- W & M Projects and Stables · WMPS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2000
- Peppol
- Active · Active since 27 Jun 2025
- Activities · NACE
Detailhandel in huisdieren, voer voor huisdieren en benodigdheden daarvoor
Overige werkzaamheden in verband met de afwerking van gebouwen
Ondersteunende activiteiten in verband met de teelt van gewassen
Activiteiten van paardensportclubs
Activiteiten op het gebied van voeding
Fokken en houden van paarden en andere paardachtigen
Sociaal-cultureel vormingswerk
Overige menselijke gezondheidszorg, n.e.g.