Financials
Financial year 2025
WSM Concept from Kortenberg, company number BE0794894511, closed financial year 2025 with a result of € -4,254 after tax. For that financial year WSM Concept recorded a gross margin of € 2,855 and equity of € 18,704. Compared with financial year 2024, the result moved from € 1,467 to € -4,254. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 18,704
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,254
▼ still € 1,467 profit in 2024
Profit after tax over the fiscal year.
€ 12,481
▲ 144% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18,204.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,320
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36,229
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,336
▲ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 35,913 | € 7,375 | € 2,855 | ▼ 61% |
| Profit after taxes | € 24,457 | € 1,467 | € -4,254 | ▼ € 5,721 |
| Equity | € 23,157 | € 23,791 | € 18,704 | ▼ 21% |
| Total debts | € 61,651 | € 57,634 | € 77,785 | ▲ 35% |
| Cash | € 24,127 | € 5,111 | € 12,481 | ▲ 144% |
| Retained profit | € 22,657 | € 23,291 | € 18,204 | ▼ 22% |
| Dividend | € 1,800 | € 833 | € 833 | |
| Balance sheet total | € 84,809 | € 81,425 | € 96,489 | ▲ 18% |
Key figures of WSM Concept, 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 July 2027.
What happened to WSM Concept?
What happened at WSM Concept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,254 (▼ € 5,721 vs 2024). filed late Source: NBB ↗
- New establishment in Kortenberg. KBO
- Wim Michiels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,457 profit in 2023 to € 4,254 loss in 2025.
Paid € 6,909 in corporate taxes since 2023.
Best year ever: 2023, with € 24,457 profit.
Paid out € 3,466 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Wim Michiels
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Engerstraat 141
3071 Kortenberg
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
AS-HOSTINGER, CY
Website info
Features
Security
Network
Details
- Company number
- 0794.894.511
- VAT number
- BE 0794.894.511
- Registered office
- Engerstraat 141, 3071 Kortenberg
- Names & denominations
- WSM Concept · WSM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2022
- Peppol
- Active · Active since 6 Jan 2024
- Contact
- wsm-concept.be
- Activities · NACE
Schrijnwerk
Overige werkzaamheden in verband met de afwerking van gebouwen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Overige bouwinstallatie
Stukadoorswerk
Glaszetten
Dakwerkzaamheden
Plaatsen van vloerbedekking en wandbekleding van hout
+2