Skip to content

CHILLI WILLI

Active
Private limited companyfounded 2019active for 7 yearsHeidebergstraat 14, 3120 Tremelo, BelgiumKBO/BCE: BE 0718.837.504

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00431665.

Annual accounts 2025 filed on 27-08-2026 at the NBB all 6 filings

Turnover
≈ €110,000
Estimated: probably between €48,000 and €290,000
Total assets
€40,440▼ 18.5%
2024 · €49,641
Net result
-€1,332▲ 94.6%
2024 · -€24,830
Working capital
-€38,235▲ 19.2%
2024 · -€47,326
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is a loss of €460, smaller than the loss of €23,565 in 2024.

Operating result-€460 2025 Net result-€1,332 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€17,183-€9,339▼ 45.7%€4,559▼ 51.2%-€12,298-€23,565▼ 91.6%-€460▲ 98.0%
Net result€10,317within the sector's middle half-€6,739within the sector's middle half▼ 34.7%€2,442within the sector's middle half▼ 63.8%-€14,058below the sector's middle half-€24,830below the sector's middle half▼ 76.6%-€1,332within the sector's middle half▲ 94.6%
Equity€16,517below the sector's middle half-€23,256below the sector's middle half▲ 40.8%€25,698below the sector's middle half▲ 10.5%€11,639below the sector's middle half▼ 54.7%-€13,191below the sector's middle half-€14,523below the sector's middle half▼ 10.1%
Total assets€87,682below the sector's middle half-€105,661below the sector's middle half▲ 20.5%€112,073below the sector's middle half▲ 6.1%€78,470below the sector's middle half▼ 30.0%€49,641below the sector's middle half▼ 36.7%€40,440below the sector's middle half▼ 18.5%
Debt€71,166-€82,406▲ 15.8%€86,376▲ 4.8%€66,831▼ 22.6%€62,832▼ 6.0%€54,963▼ 12.5%
Working capital-€11,938below the sector's middle half--€10,418below the sector's middle half▲ 12.7%-€22,006below the sector's middle half▼ 111%-€22,956below the sector's middle half▼ 4.3%-€47,326below the sector's middle half▼ 106%-€38,235below the sector's middle half▲ 19.2%
Solvency18.8%below the sector's middle half-22.0%within the sector's middle half▲ 3.2pp22.9%within the sector's middle half▲ 0.9pp14.8%below the sector's middle half▼ 8.1pp-26.6%below the sector's middle half▼ 41.4pp-35.9%below the sector's middle half▼ 9.3pp
Current ratio0.60below the sector's middle half-0.82below the sector's middle half▲ 0.220.50below the sector's middle half▼ 0.320.48below the sector's middle half▼ 0.020.17below the sector's middle half▼ 0.310.30below the sector's middle half▲ 0.14
Return on assets (ROA)11.8%within the sector's middle half-6.4%within the sector's middle half▼ 5.4pp2.2%within the sector's middle half▼ 4.2pp-17.9%below the sector's middle half▼ 20.1pp-50.0%below the sector's middle half▼ 32.1pp-3.3%below the sector's middle half▲ 46.7pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0within the sector's middle half
above within below The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,440
Fixed assets €23,713 ▼ 40.9%
Current assets €16,728 ▲ 75.5%
Equity and liabilities
Equity-€14,523
Debt€54,963
Equity is negative. Debt (€54,963) exceeds the balance-sheet total (€40,440).
Key figures and ratios
2025 value · change against 2024
EBITDA
€15,937▲
2024 · -€6,384
Cash flow
€15,065▲
2024 · -€7,649
Interest coverage
18.15▲
2024 · -5.01
Debt ≤ 1 year
€54,963▼
2024 · €56,857
Debt > 1 year
€0▼
2024 · €5,975
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Intangible fixed assets€15,000€53,531€14,560--
Depreciation and write-downs of the year€25,330€23,053€16,463€17,181€16,397

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as CHILLI WILLI: web portal activities (NACE 63910). They are comparable in size and age: total assets between €14,400 and €65,000, founded between 2013 and 2020.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
CHILLI WILLI Tremelo2019€40,440-€14,523€17,000--€1,33202025
SOFTWARE SOLUTIONS HERTOGEN Kapelle-op-den-Bos2018€59,509€37,709€19,016-€11,663-2025
GOVR Elsene2017€14,382-€61,564€43,829--€30,5740.42025
SIVECO Belgium Koekelberg2013€64,995€23,167€53,389-€27,5160.22025
AXIOCOM Frameries2018€39,850€39,290€12,909€84,512€11,672-2025
JB LEGENDARY Niel2019€51,278€38,263€19,625-€6,418-2025
ARTISTATHOME Brugge2020€42,573€38,074€17,899-€3,955-2025

They were chosen from the 576 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,564 companies had the same profile as CHILLI WILLI has now. Two years later, 5.1% had gone bankrupt and 88.9% were still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
5.1% went bankrupt
5.4% stopped otherwise
88.9% was still going

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CHILLI WILLI itself: 1.4% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,564 companies, not a prediction for CHILLI WILLI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€49,641€40,440▼
Fixed assets21/28€40,110€23,713▼
Intangible fixed assets21€40,110€23,713▼
Current assets29/58€9,531€16,728▲
Amounts receivable within one year40/41€6,898€10,877▲
Trade receivables40€3,681€10,694▲
Other amounts receivable41€3,217€183▼
Cash at bank and in hand54/58€2,258€5,851▲
Deferred charges and accrued income490/1€375€0▼
Equity and liabilities
Total equity and liabilities10/49€49,641€40,440▼
Equity10/15-€13,191-€14,523▼
Contributions10/11€6,200€6,200=
Reserves13€19,498€19,498=
Distributable reserves133€19,498€19,498=
Profit (loss) carried forward14-€38,888-€40,220▼
Amounts payable17/49€62,832€54,963▼
Amounts payable after more than one year17€5,975€0▼
Financial debts170/4€5,975€0▼
Amounts payable within one year42/48€56,857€54,963▼
Current portion of amounts payable after more than one year42€16,721€5,975▼
Financial debts43€470€18▼
Credit institutions430/8€470€18▼
Trade debts44€36,496€42,815▲
Suppliers440/4€36,496€42,815▲
Advances received on contracts in progress46€2,141€0▼
Other amounts payable47/48€1,029€6,155▲
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,181€16,397▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€543
Other operating charges640/8€572€520▼
Gross operating margin9900-€5,812€17,000▲
Operating profit (loss)9901-€23,565-€460▲
Financial income75/76B€10€6▼
Recurring financial income75€10€6▼
Financial charges65/66B€1,275€878▼
Recurring financial charges65€1,275€878▼
Profit (loss) for the period before taxes9903-€24,830-€1,332▲
Income taxes67/77€0-
Profit (loss) for the period9904-€24,830-€1,332▲
Profit (loss) for the period to be appropriated9905-€24,830-€1,332▲
Appropriation of the result
Profit (loss) to be appropriated9906-€38,888-€40,220▼
Profit (loss) brought forward from the previous period14P-€14,058-€38,888▼
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202020212022202320242025Change
Non-recurring operating income76A-€1,600€0€281€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,326€25,330€23,053€16,463€17,181€16,397▼ 4.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€543-
Other operating charges640/8-€522€450€493€572€520▼ 9.1%
Gross operating margin9900€48,304€35,191€28,062€4,658-€5,812€17,000-
Operating profit (loss)9901€17,183€9,339€4,559-€12,298-€23,565-€460▲ 98.0%
Financial income75/76B-€457€344€1€10€6▼ 37.6%
Recurring financial income75€477€457€344€1€10€6▼ 37.6%
Financial charges65/66B-€1,715€2,217€1,601€1,275€878▼ 31.1%
Recurring financial charges65€2,565€1,715€2,217€1,601€1,275€878▼ 31.1%
Profit (loss) for the period before taxes9903€15,096€8,081€2,686-€13,898-€24,830-€1,332▲ 94.6%
Income taxes67/77€4,779€1,342€244€160€0--
Profit (loss) for the period9904€10,317€6,739€2,442-€14,058-€24,830-€1,332▲ 94.6%
Profit (loss) for the period to be appropriated9905€10,317€6,739€2,442-€14,058-€24,830-€1,332▲ 94.6%
Line202020212022202320242025Change
Assets
Total assets20/58€87,682€105,661€112,073€78,470€49,641€40,440▼ 18.5%
Fixed assets21/28€70,015€59,685€90,162€57,291€40,110€23,713▼ 40.9%
Intangible fixed assets21€70,015€59,685€90,162€57,291€40,110€23,713▼ 40.9%
Current assets29/58€17,667€45,976€21,911€21,179€9,531€16,728▲ 75.5%
Amounts receivable within one year40/41€6,984€6,871€4,127€7,644€6,898€10,877▲ 57.7%
Trade receivables40-€3,604€3,247€4,523€3,681€10,694▲ 191%
Other amounts receivable41-€3,267€880€3,121€3,217€183▼ 94.3%
Current investments50/53-€5,386-----
Cash at bank and in hand54/58€10,383€33,419€17,052€12,641€2,258€5,851▲ 159%
Deferred charges and accrued income490/1-€300€732€894€375€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€87,682€105,661€112,073€78,470€49,641€40,440▼ 18.5%
Equity10/15€16,517€23,256€25,698€11,639-€13,191-€14,523▼ 10.1%
Contributions10/11-€6,200€6,200€6,200€6,200€6,200=
Reserves13€10,317€17,056€19,498€19,498€19,498€19,498=
Distributable reserves133-€17,056€19,498€19,498€19,498€19,498=
Profit (loss) carried forward14----€14,058-€38,888-€40,220▼ 3.4%
Amounts payable17/49€71,166€82,406€86,376€66,831€62,832€54,963▼ 12.5%
Amounts payable after more than one year17€41,561€26,011€42,459€22,696€5,975€0▼ 100%
Financial debts170/4-€26,011€42,459€22,696€5,975€0▼ 100%
Amounts payable within one year42/48€29,605€56,395€43,917€44,135€56,857€54,963▼ 3.3%
Current portion of amounts payable after more than one year42-€15,550€19,490€19,763€16,721€5,975▼ 64.3%
Financial debts43-€1,574€1,056€143€470€18▼ 96.1%
Credit institutions430/8-€1,574€1,056€143€470€18▼ 96.1%
Trade debts44€4,432€33,150€20,510€23,199€36,496€42,815▲ 17.3%
Suppliers440/4-€33,150€20,510€23,199€36,496€42,815▲ 17.3%
Advances received on contracts in progress46--€624€0€2,141€0▼ 100%
Taxes, remuneration and social security45-€6,121€1,586€0---
Taxes450/3-€6,121€1,586€0---
Other amounts payable47/48--€650€1,029€1,029€6,155▲ 498%
Line202020212022202320242025Change
Profit (loss) for the period9904€10,317€6,739€2,442-€14,058-€24,830-€1,332▲ 94.6%
+ Depreciation and write-downs630€30,326€25,330€23,053€16,463€17,181€16,397▼ 4.6%
Operating cash flow (approximation)€40,642€32,069€25,495€2,404-€7,649€15,065-
Investment in fixed assets (approximation)--€15,000-€53,531€16,409€0€0-
Change in cash-€23,036-€16,367-€4,411-€10,383€3,593-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 27-08-2026 2026-00431665 NBB
31-12-2024 abbreviated format 01-07-2025 2025-00205567 PDF
31-12-2023 abbreviated format 11-07-2024 2024-00233228 PDF
31-12-2022 abbreviated format 30-06-2023 2023-00177503 PDF
31-12-2021 abbreviated format 30-06-2022 2022-20110826 PDF
31-12-2020 abbreviated format 02-08-2021 2021-46400001 PDF

Next steps