Financials
Financial year 2024
W & M Projects from Herselt, company number BE0692920884, closed financial year 2024 with a result of € 43,149 after tax. For that financial year W & M Projects recorded a gross margin of € 328,923 and equity of € 214,069. Compared with financial year 2023, the result moved from € 22,901 to € 43,149. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 214,069
▲ 25% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,149
▲ 88% vs 2023
Profit after tax over the fiscal year.
€ 7,393
▼ 79% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 195,469.
People and assets in 2024
€ 142,687
▲ 148% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 337,020
▲ 69% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 248,693
▲ 35% vs 2023
€ 59,900 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 49,096
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 42,672
▲ 235% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 265,036 | € 325,289 | € 210,905 | € 328,923 | ▲ 56% |
| Profit after taxes | € 31,737 | € 75,300 | € 22,901 | € 43,149 | ▲ 88% |
| Equity | € 72,718 | € 148,018 | € 170,920 | € 214,069 | ▲ 25% |
| Total debts | € 420,483 | € 477,612 | € 373,696 | € 585,739 | ▲ 57% |
| Cash | € 422 | € 1,405 | € 35,081 | € 7,393 | ▼ 79% |
| Retained profit | € 54,118 | € 129,418 | € 152,320 | € 195,469 | ▲ 28% |
| Bank debt | € 303,501 | € 239,043 | € 183,988 | € 248,693 | ▲ 35% |
| Balance sheet total | € 493,201 | € 625,630 | € 544,615 | € 799,809 | ▲ 47% |
Key figures of W & M Projects, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to W & M Projects?
What happened at W & M Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 43,149 (▲ 88% vs 2023). filed late Source: NBB ↗
- New establishment in Herselt. KBO
- Ivan Warpy became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,737 profit in 2021 to € 43,149 profit in 2024.
Paid € 17,629 in corporate taxes since 2021.
Best year ever: 2022, with € 75,300 profit.
Management
Behind W & M Projects is Ivan Warpy.
Directors
According to the 2024 annual accounts
Ivan Warpy
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Westmeerbeeksesteenweg 116
2230 Herselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0692.920.884
- VAT number
- BE 0692.920.884
- Registered office
- Westmeerbeeksesteenweg 116, 2230 Herselt
- Names & denominations
- W & M Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2018
- Peppol
- Active · Active since 16 Apr 2025
- Activities · NACE
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