BOUWONDERNEMING WILLEMS
ActiveBOUWONDERNEMING WILLEMS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.11M and a net result of €167k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 2152 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+3
Solvency87▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 21.48 against 8.93 in 2024; short-term debt: 4.3% and cash: 2.5% of total assets), and 37.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.2%
Return on assets
9.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
41 d early
2023
24 d late
2022
39 d early
2021
46 d early
2020
36 d early
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.11M▲ 10.1%
2024 · €1.00M
2018: €462k
2019: €530k
2020: €694k
2021: €791k
2022: €931k
2023: €921k
2024: €1.00M
2018 → 2025
Total assets
€1.78M▲ 55.9%
2024 · €1.14M
2018: €897k
2019: €768k
2020: €1.31M
2021: €1.32M
2022: €1.24M
2023: €1.52M
2024: €1.14M
2018 → 2025
Net result
€167k▲ 102%
2024 · €83k
2018: €3k
2019: €68k
2020: €164k
2021: €97k
2022: €140k
2023: €165k
2024: €83k
2018 → 2025
Working capital
€1.56M▲ 84.2%
2024 · €847k
2018: €240k
2019: €271k
2020: €690k
2021: €820k
2022: €706k
2023: €1.13M
2024: €847k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€791k-€931k▲ 17.8%€921k▼ 1.0%€1.00M▲ 9.0%€1.11M▲ 10.1%
Operating result€164k-€211k▲ 29.0%€248k▲ 17.4%€118k▼ 52.6%€251k▲ 113%
Net result€97k-€140k▲ 45.1%€165k▲ 17.7%€83k▼ 49.9%€167k▲ 102%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 113% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.78M
Fixed assets
€142k▼ 24.2%
Current assets
€1.64M▲ 71.5%
Equity and liabilities €1.78M
Equity
€1.11M▲ 10.1%
Debt
€673k▲ 391%
The debt ratio rises from 12.0% to 37.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€333k▲
2024 · €199k
Cash flow
€250k▲
2024 · €164k
Solvency
62.2%▼
2024 · 88.0%
Current ratio
21.48▲
2024 · 8.93
Quick ratio
7.46▼
2024 · 7.85
Debt / equity
0.61▲
2024 · 0.14
ROE
15.1%▲
2024 · 8.2%
ROA
9.4%▲
2024 · 7.3%
Interest coverage
36.91▲
2024 · 24.80
Debt
€673k▲
2024 · €137k
Debt ≤ 1 year
€76k▼
2024 · €107k
Debt > 1 year
€597k▲
2024 · €30k
Income taxes
€75k▲
2024 · €27k
Staff costs
€123k▼
2024 · €212k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.78M▲
Formation expenses20€0€0=
Fixed assets21/28€187k€142k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€186k€141k▼
Plant, machinery and equipment23€75k€35k▼
Furniture and vehicles24€111k€106k▼
Financial fixed assets28€608€608=
Current assets29/58€954k€1.64M▲
Stocks and contracts in progress3€116k€1.07M▲
Stocks30/36€116k€1.07M▲
Amounts receivable within one year40/41€377k€524k▲
Trade receivables40€51k-
Other amounts receivable41€325k€524k▲
Cash at bank and in hand54/58€442k€44k▼
Deferred charges and accrued income490/1€19k-
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.78M▲
Equity10/15€1.00M€1.11M▲
Contributions10/11€53k€53k=
Reserves13€952k€1.05M▲
Distributable reserves133€952k€1.05M▲
Amounts payable17/49€137k€673k▲
Amounts payable after more than one year17€30k€597k▲
Financial debts170/4€30k€597k▲
Amounts payable within one year42/48€107k€76k▼
Current portion of amounts payable after more than one year42€35k€12k▼
Trade debts44€52k€43k▼
Suppliers440/4€52k€43k▼
Taxes, remuneration and social security45€15k€17k▲
Taxes450/3€8k€17k▲
Remuneration and social security454/9€7k-
Other amounts payable47/48€5k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€212k€123k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€82k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€416k€461k▲
Operating profit (loss)9901€118k€251k▲
Financial income75/76B-€666
Recurring financial income75-€666
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€110k€242k▲
Income taxes67/77€27k€75k▲
Profit (loss) for the period9904€83k€167k▲
Profit (loss) for the period to be appropriated9905€83k€167k▲
Appropriation of the result
Profit (loss) to be appropriated9906€83k€167k▲
Transfer from equity791/2-€66k
Transfer to equity691/2€83k€167k▲
To other reserves6921€83k€167k▲
Profit to be distributed694/7-€66k
Return on contributions (dividend)694-€66k
Social balance
Average headcount (FTE)9087-2.0
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-12
Financial
Highest result since 2018net €167k ▲102%
Operating result €251k, net result €167k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 21.48
Current ratio from 8.93 to 21.48; short-term debt falls from €107k to €76k.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €1MEq €1.00M ▲9%
7 profitable years in a row build equity to €1.00M.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 24 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 5.85
Current ratio from 2.80 to 5.85; short-term debt falls from €151k to €142k.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
31-12
Financial
Equity above €500kEq €530k ▲14.8%
2 profitable years in a row build equity to €530k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
Registered office, Assenede · 1 establishment unit since 2004
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.
Trieststraat 1009960 AssenedeGround area
917 m²
Building footprint
248 m²
Volume, LiDAR
1,058 m³
Parcel 43002E1073/00K000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bouwonderneming Willems
since 20042.135.727.786
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43002E1073/00K000 | Flanders | 917 m² | 1 · 248 m² | 6.1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,274 EUR awarded · 2,274 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,115 EUR | 2,115 EUR |
| 2023 | 1 | 102 EUR | 102 EUR |
| 2022 | 1 | 57 EUR | 57 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 6,053 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2004
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43110Demolition
43331Floor and wall tiling
43350Other building finishing work
43410Roofing work
43990Other specialised construction activities
43999Specialised construction activities
45111
45220
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@willemsbouw.be