Bouwonderneming Willy Tack
ActiveBouwonderneming Willy Tack has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €808k and a net result of €58. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 91% of 820 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 6.88 against 9.53 in 2024; short-term debt: 13.2% and cash: 7.1% of total assets), and 15.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · 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
84.2%
Return on assets
0%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
6 d early
2023
5 d early
2022
31 d late
2021
29 d late
2020
27 d late
2019
111 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€58▼ 94.1%
2024 · €979
2018: €25k
2019: €35k
2020: €21k
2021: €2k
2022: €2k
2023: €272
2024: €979
2018 → 2025
Working capital
€742k▼ 1.1%
2024 · €751k
2018: €911k
2019: €835k
2020: €851k
2021: €598k
2022: €575k
2023: €752k
2024: €751k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€804k-€806k▲ 0.3%€807k=€808k▲ 0.1%€808k=
Operating result€55k-€5k▼ 91.7%€6k▲ 32.6%€822▼ 86.4%€11k▲ 1,179%
Net result€2k-€2k▲ 35.5%€272▼ 86.6%€979▲ 260%€58▼ 94.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,179% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €959k
Fixed assets
€91k▼ 15.3%
Current assets
€869k▲ 3.6%
Equity and liabilities €959k
Equity
€808k=
Debt
€152k▲ 9.7%
The debt ratio rises from 14.6% to 15.8%. Debt is higher.
Key figures and ratios
EBITDA
€31k▲
2024 · €22k
Cash flow
€21k▼
2024 · €22k
Solvency
84.2%▼
2024 · 85.4%
Current ratio
6.88▼
2024 · 9.53
Quick ratio
5.26▼
2024 · 7.46
Debt / equity
0.19▲
2024 · 0.17
ROE
0.0%▼
2024 · 0.1%
ROA
0.0%▼
2024 · 0.1%
Interest coverage
3.34▲
2024 · 3.00
Debt
€152k▲
2024 · €138k
Debt ≤ 1 year
€126k▲
2024 · €88k
Debt > 1 year
€24k▼
2024 · €49k
Income taxes
€4k▲
2024 · €2k
Staff costs
€472k▼
2024 · €490k
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€946k€959k▲
Fixed assets21/28€107k€91k▼
Tangible fixed assets22/27€107k€91k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€101k€85k▼
Current assets29/58€839k€869k▲
Stocks and contracts in progress3€182k€205k▲
Stocks30/36€159k€182k▲
Contracts in progress37€23k€23k=
Amounts receivable within one year40/41€571k€582k▲
Trade receivables40€532k€550k▲
Other amounts receivable41€39k€33k▼
Cash at bank and in hand54/58€70k€69k▼
Deferred charges and accrued income490/1€15k€13k▼
Equity and liabilities
Total equity and liabilities10/49€946k€959k▲
Equity10/15€808k€808k=
Contributions10/11€259k€259k=
Outside capital11€259k€259k=
Other1109/19€259k€259k=
Reserves13€549k€549k=
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Tax-exempt reserves132€32k€32k=
Distributable reserves133€486k€486k=
Amounts payable17/49€138k€152k▲
Amounts payable after more than one year17€49k€24k▼
Financial debts170/4€49k€24k▼
Amounts payable within one year42/48€88k€126k▲
Current portion of amounts payable after more than one year42€24k€25k▲
Financial debts43-€2k
Other loans439-€2k
Trade debts44€48k€85k▲
Suppliers440/4€48k€85k▲
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3-€251
Remuneration and social security454/9€10k€8k▼
Other amounts payable47/48€6k€6k=
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€490k€472k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k=
Other operating charges640/8€11k€16k▲
Gross operating margin9900€523k€519k▼
Operating profit (loss)9901€822€11k▲
Financial income75/76B€9k€3k▼
Recurring financial income75€9k€3k▼
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€3k€4k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€979€58▼
Profit (loss) for the period to be appropriated9905€979€58▼
Appropriation of the result
Profit (loss) to be appropriated9906€979€58▼
Transfer to equity691/2€979€58▼
To other reserves6921€979€58▼
Social balance
Average headcount (FTE)9087-7.5
The notes to these accounts (5 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €58 ▼94.1%
Net result drops to €58, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 6.36
Current ratio from 2.93 to 6.36; short-term debt falls from €297k to €140k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 111 days late
2019
31-12
Financial
Highest result since 2018net €35k ▲41.5%
Net result €35k, the highest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 55 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 1971
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.
Magerstraat(Heu) 17B8501 KortrijkGround area
3,875 m²
Building footprint
1,710 m²
Volume, LiDAR
10,179 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Magerstraat(Heu) 17, 8501 Kortrijk
since 19712.005.472.426
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016B0327/00S000 | Flanders | 2,937 m² | 1 · 1,464 m² | 9.1 m · 2 fl. |
| 34016B0345/00E000 | Flanders | 938 m² | 1 · 246 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 1 entry · 514 EUR awarded · 514 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 514 EUR | 514 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesBouwonderneming Willy Tack NV15373
Similar companies · same sector, comparable size
VANHEE PROJEKT
BE 0878.956.590
Jabbeke · Eq €807k
LIFE BOUW
BE 0879.559.574
Laakdal · Eq €807k
AAS CHASSIS
BE 0841.962.473
Vorst · Eq €807k
ENTREPRISE DE TOITURE D.I.M.
BE 0422.764.305
Elsene · Eq €807k
PLACIDO CONSTRUCT
BE 0500.506.934
Zaventem · Eq €807k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 7,280 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-11-1970
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.