Al & Wil
Bankruptcy closedSummary
Al & Wil was declared bankrupt on 25-02-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy declaration was reversed by judgment of 15-07-2025, published in the Belgian State Gazette on 23-07-2025. The 2022 annual accounts show equity of €56k and a net result of €378.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-10-2023, 89 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
89 d late
2021
141 d late
2020
65 d late
2019
54 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€1.27M▲ 31.7%
2021 · €966k
2018: €1.00M
2019: €807k
2020: €802k
2021: €966k
2018 → 2022
EBIT margin
0.5%▲ 2.1pp
2021 · -1.6%
2018: 3.2%
2019: 1.7%
2020: 2.6%
2021: -1.6%
2018 → 2022
Net result
€378
2021 · €-22k
2018: €20k
2019: €995
2020: €19k
2021: €-22k
2018 → 2022
Working capital
€20k▲ 9.6%
2021 · €19k
2018: €35k
2019: €38k
2020: €43k
2021: €19k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€1.00M-€807k▼ 19.6%€802k▼ 0.6%€966k▲ 20.5%€1.27M▲ 31.7%
Equity€58k-€59k▲ 1.7%€78k▲ 32.4%€56k▼ 27.9%€56k▲ 0.7%
Operating result€33k-€14k▼ 57.8%€21k▲ 53.1%€-15k€6k
Net result€20k-€995▼ 95.1%€19k▲ 1,806%€-22k€378
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €6k after a loss of €15k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €236k
Fixed assets
€36k ▼ 22.1%
Current assets
€200k ▲ 77.3%
Equity and liabilities €236k
Equity
€56k ▲ 0.7%
Debt
€179k ▲ 74.5%
Debt's share of the balance-sheet total rises from 64.8% to 76.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2021 · €16k
Cash flow
€11k▲
2021 · €10k
Current ratio
1.11▼
2021 · 1.20
Debt to equity
3.19▲
2021 · 1.84
ROE
0.7%▲
2021 · -38.7%
ROA
0.2%▲
2021 · -13.6%
Interest coverage
2.29▲
2021 · 0.82
Debt ≤ 1 year
€179k▲
2021 · €94k
Staff costs
€245k▲
2021 · €209k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 49 lines
Balance sheet
Code20212022
Assets
Total assets20/58€159k€236k▲
Fixed assets21/28€46k€36k▼
Tangible fixed assets22/27€20k€10k▼
Furniture and vehicles24€20k€10k▼
Financial fixed assets28€26k€26k=
Current assets29/58€113k€200k▲
Amounts receivable within one year40/41€86k€165k▲
Trade receivables40€46k€111k▲
Other amounts receivable41€40k€54k▲
Cash at bank and in hand54/58€27k€35k▲
Equity and liabilities
Total equity and liabilities10/49€159k€236k▲
Equity10/15€56k€56k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€35k€36k▲
Amounts payable17/49€103k€179k▲
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€94k€179k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44€75k€111k▲
Suppliers440/4€75k€111k▲
Taxes, remuneration and social security45€19k€64k▲
Taxes450/3€12k€16k▲
Remuneration and social security454/9€7k€48k▲
Income statement
Code20212022
Turnover70€966k€1.27M▲
Non-recurring operating income76A€40k-
Goods, raw materials, services and sundry goods60/61€710k€625k▼
Remuneration, social security and pensions62€209k€245k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€10k▼
Other operating charges640/8€72k€85k▲
Gross operating margin9900€296k€346k▲
Operating profit (loss)9901€-15k€6k▲
Financial income75/76B€19k€3k▼
Recurring financial income75€1k€3k▲
Non-recurring financial income76B€18k-
Financial charges65/66B€20k€9k▼
Recurring financial charges65€20k€7k▼
Non-recurring financial charges66B€926€2k▲
Profit (loss) for the period before taxes9903€-17k€378▲
Income taxes67/77€5k-
Profit (loss) for the period9904€-22k€378▲
Profit (loss) for the period to be appropriated9905€-22k€378▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€36k▲
Profit (loss) brought forward from the previous period14P€57k€35k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · AL & WIL BV HELIHAVENLAAN 22/28, 1000 BRUSSEL · event 15-07-2025
06-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL AL & WIL AVENUE FRANS VAN KALKEN 9, 1070 ANDERLECHT · event 25-02-2025
2023
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 89 days late
2022
31-12
Financial
Back to profitnet €378
Net result €378 after one loss-making year.
19-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 141 days late
2021
31-12
Financial
Weakest financial yearnet €-22k ▼214%
Net result drops to €-22k, the lowest in the series.
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 65 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
2,312 m²
Building footprint
1,725 m²
Volume, LiDAR
15,759 m³
Parcel 21306D0325/00F000, Brussels · tallest building 40.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20162.252.304.168
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0325/00F000 | Brussels | 2,312 m² | 1 · 1,725 m² | 40.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROME HENRI AVENUE ROGER VANDEN-
DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE- curateur@bazacle-
solon.eu |
25-02-2025 → 15-07-2025 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-04-2016
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.