Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WM CONSTRUCT from Balen, company number BE0789642059, closed financial year 2025 with a result of € -84,991 after tax. For that financial year WM CONSTRUCT recorded a gross margin of € 123,839 and equity of € -139,725. Compared with financial year 2024, the result moved from € -60,810 to € -84,991. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2025.
€ -139,725
▼ € 84,991 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,991
▼ 40 % more loss than in 2024
Profit after tax over the fiscal year.
€ 36,383
▲ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -149,725.
People and assets in 2025
€ 107,134
▲ 122% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▲ 50% vs 2024
€ 117,779 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 332,484
▲ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,234
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -2,883 | € -17,317 | € 123,839 | ▲ € 141,156 |
| Profit after taxes | € -3,925 | € -60,810 | € -84,991 | ▼ € 24,181 |
| Equity | € 6,075 | € -54,735 | € -139,725 | ▼ € 84,991 |
| Total debts | € 366,832 | € 2,127,071 | € 3,023,337 | ▲ 42% |
| Cash | € 7,356 | € 18,936 | € 36,383 | ▲ 92% |
| Land & buildings | € 322,245 | € 1,828,613 | € 2,564,476 | ▲ 40% |
| Retained profit | € -3,925 | € -64,735 | € -149,725 | ▼ € 84,991 |
| Bank debt | € 0 | € 1,491,270 | € 2,242,788 | ▲ 50% |
| Balance sheet total | € 372,907 | € 2,072,336 | € 2,883,612 | ▲ 39% |
Key figures of WM CONSTRUCT, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to WM CONSTRUCT?
What happened at WM CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 84,991. Source: NBB ↗
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,925 loss in 2023 to € 84,991 loss in 2025.
Management
Behind WM CONSTRUCT is Wim Maerschalck. Wim Maerschalck is also behind IMMO WM and HTM.
Establishments
Establishment units
Physical locations of this company
Poeierstraat 39
2490 Balen
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.
Details
- Company number
- 0789.642.059
- VAT number
- BE 0789.642.059
- Registered office
- Poeierstraat 39, 2490 Balen
- Names & denominations
- WM CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 2022
- Peppol
- Active · Active since 26 Jul 2024
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