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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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WM47 from Brugge, company number BE1011665557, closed financial year 2025 with a result of € -25,491 after tax. For that financial year WM47 recorded a gross margin of € 48,493 and equity of € 198,837. 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 July 28, 2026.
€ 198,837
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,491
Profit after tax over the fiscal year.
€ 17,802
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 191,873.
Debts at end 2025
€ 436,667
€ 40,000 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 18,493
Supplier invoices still open on the last day of the fiscal year.
€ 2,249
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
What happened to WM47?
What happened at WM47 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,491. Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
Management
The stake of FVL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WM47Behind WM47 are Lievens Frédéric and Dries Bertrem. The shares are held by FVL (100%).
Directors
According to the 2025 annual accounts
Lievens Frédéric
Director
Dries Bertrem
Director
Also active at: LIEVENS & Co CONSULTING, LIEVENS Accountancy Services, HORISON, EFFORT
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wittemolenstraat 47
8200 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →LIEVENS INVEST GROUP
€ 161,862 gross margin · 2025
LIEVENS Accountancy Services same network
€ 1.1 million gross margin · 2025
SERVINT
HORISON same network
€ 428,324 gross margin · 2025
Miles for Smiles
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1011.665.557
- VAT number
- BE 1011.665.557
- Registered office
- Wittemolenstraat 47, 8200 Brugge
- Names & denominations
- WM47
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 2024
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen