COMPUTERSYSTEMEN WILLAERT
ActiveSummary
COMPUTERSYSTEMEN WILLAERT has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €322k and a net result of €5k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 95% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+54
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 32.32; short-term debt: 3% and cash: 32.1% of total assets), and 3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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
not confirmed
2024
23 d late
2023
30 d late
2022
14 d late
2021
5 d early
2020
27 d late
2019
4 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€322k▲ 1.6%
2023 · €317k
2018: €326k
2019: €343k▲ +5.2% vs 2018
2020: €356k▲ +3.5% vs 2019highest in 7 years
2021: €337k▼ -5.2% vs 2020
2022: €322k▼ -4.3% vs 2021
2023: €317k▼ -1.7% vs 2022lowest in 7 years
2024: €322k▲ +1.6% vs 2023
2018 → 2024
Total assets
€332k▲ 4.3%
2023 · €318k
2018: €376k
2019: €369k▼ -1.7% vs 2018
2020: €381k▲ +3.1% vs 2019highest in 7 years
2021: €364k▼ -4.4% vs 2020
2022: €352k▼ -3.3% vs 2021
2023: €318k▼ -9.6% vs 2022lowest in 7 years
2024: €332k▲ +4.3% vs 2023
2018 → 2024
Net result
€5k
2023 · €-6k
2018: €-3k
2019: €17k▲ +641% vs 2018highest in 7 years
2020: €12k▼ -29.3% vs 2019
2021: €-19k▼ -254% vs 2020lowest in 7 years
2022: €-15k▲ +21.1% vs 2021
2023: €-6k▲ +61.4% vs 2022
2024: €5k▲ +188% vs 2023
2018 → 2024
Working capital
€313k▼ 0.1%
2023 · €314k
2018: €313klowest in 7 years
2019: €334k▲ +6.8% vs 2018
2020: €351k▲ +5.3% vs 2019highest in 7 years
2021: €334k▼ -4.8% vs 2020
2022: €321k▼ -4.0% vs 2021
2023: €314k▼ -2.3% vs 2022
2024: €313k▼ -0.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€356k-€337k▼ 5.2%€322k▼ 4.3%€317k▼ 1.7%€322k▲ 1.6%
2020: €356khighest in 5 years
2021: €337k▼ -5.2% vs 2020
2022: €322k▼ -4.3% vs 2021
2023: €317k▼ -1.7% vs 2022lowest in 5 years
2024: €322k▲ +1.6% vs 2023
Operating result€13k-€-19k€-16k▲ 12.3%€-7k▲ 57.0%€4k
2020: €13khighest in 5 years
2021: €-19k▼ -247% vs 2020lowest in 5 years
2022: €-16k▲ +12.3% vs 2021
2023: €-7k▲ +57.0% vs 2022
2024: €4k▲ +155% vs 2023
Net result€12k-€-19k€-15k▲ 21.1%€-6k▲ 61.4%€5k
2020: €12khighest in 5 years
2021: €-19k▼ -254% vs 2020lowest in 5 years
2022: €-15k▲ +21.1% vs 2021
2023: €-6k▲ +61.4% vs 2022
2024: €5k▲ +188% vs 2023
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 2024: €4k after a loss of €7k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €332k
Fixed assets
€9k ▲ 175%
Current assets
€323k ▲ 2.6%
Equity and liabilities €332k
Equity
€322k ▲ 1.6%
Debt
€10k ▲ 589%
Debt's share of the balance-sheet total rises from 0.5% to 3.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▲
2023 · €-6k
Cash flow
€6k▲
2023 · €-4k
Current ratio
32.32
Quick ratio
31.02
Debt to equity
0.03▲
2023 · 0.00
ROE
1.5%▲
2023 · -1.8%
ROA
1.5%▲
2023 · -1.8%
Interest coverage
56.22▲
2023 · -49.76
Debt ≤ 1 year
€10k▲
2023 · €1k
Income taxes
€827▲
2023 · €132
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€318k€332k▲
Fixed assets21/28€3k€9k▲
Tangible fixed assets22/27€3k€9k▲
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24-€4k
Financial fixed assets28€40€40=
Current assets29/58€315k€323k▲
Stocks and contracts in progress3€15k€13k▼
Stocks30/36€15k€13k▼
Amounts receivable within one year40/41€21k€22k▲
Trade receivables40€20k€19k▼
Other amounts receivable41€1k€2k▲
Current investments50/53€180k€181k▲
Cash at bank and in hand54/58€98k€107k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€318k€332k▲
Equity10/15€317k€322k▲
Contributions10/11€19k€19k=
Reserves13€35k€40k▲
Distributable reserves133€35k€40k▲
Profit (loss) carried forward14€263k€263k▲
Amounts payable17/49€1k€10k▲
Amounts payable within one year42/48€1k€10k▲
Trade debts44€1k€9k▲
Suppliers440/4€618€9k▲
Bills of exchange payable441€832-
Taxes, remuneration and social security45-€780
Taxes450/3-€780
Income statement
Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€419€565▲
Gross operating margin9900€-5k€5k▲
Operating profit (loss)9901€-7k€4k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€114€87▼
Recurring financial charges65€114€87▼
Profit (loss) for the period before taxes9903€-6k€6k▲
Income taxes67/77€132€827▲
Profit (loss) for the period9904€-6k€5k▲
Profit (loss) for the period to be appropriated9905€-6k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€263k€268k▲
Profit (loss) brought forward from the previous period14P€268k€263k▼
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €2k | €1k | €1k | €1k | ▼ 24.9% |
| Other operating charges640/8 | - | €512 | €489 | €419 | €565 | ▲ 34.9% |
| Gross operating margin9900 | €19k | €-16k | €-14k | €-5k | €5k | ▲ 204% |
| Operating profit (loss)9901 | €13k | €-19k | €-16k | €-7k | €4k | ▲ 155% |
| Financial income75/76B | - | €2k | €2k | €2k | €2k | ▲ 28.4% |
| Recurring financial income75 | €2k | €2k | €2k | €2k | €2k | ▲ 28.4% |
| Financial charges65/66B | - | €109 | €114 | €114 | €87 | ▼ 23.8% |
| Recurring financial charges65 | €198 | €109 | €114 | €114 | €87 | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | €15k | €-17k | €-15k | €-6k | €6k | ▲ 205% |
| Income taxes67/77 | €3k | €2k | €149 | €132 | €827 | ▲ 529% |
| Profit (loss) for the period9904 | €12k | €-19k | €-15k | €-6k | €5k | ▲ 188% |
| Transfer from tax-exempt reserves789 | - | €9k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €12k | €-9k | €-15k | €-6k | €5k | ▲ 188% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €381k | €364k | €352k | €318k | €332k | ▲ 4.3% |
| Fixed assets21/28 | €4k | €3k | €1k | €3k | €9k | ▲ 175% |
| Tangible fixed assets22/27 | €4k | €3k | €1k | €3k | €9k | ▲ 177% |
| Land and buildings22 | - | €960 | €480 | - | - | - |
| Plant, machinery and equipment23 | - | €2k | €728 | €3k | €4k | ▲ 38.8% |
| Furniture and vehicles24 | - | - | - | - | €4k | - |
| Financial fixed assets28 | €40 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €376k | €361k | €351k | €315k | €323k | ▲ 2.6% |
| Stocks and contracts in progress3 | €18k | €19k | €22k | €15k | €13k | ▼ 13.2% |
| Stocks30/36 | - | €19k | €22k | €15k | €13k | ▼ 13.2% |
| Amounts receivable within one year40/41 | €31k | €29k | €35k | €21k | €22k | ▲ 0.3% |
| Trade receivables40 | - | €29k | €35k | €20k | €19k | ▼ 5.0% |
| Other amounts receivable41 | - | - | - | €1k | €2k | ▲ 74.3% |
| Current investments50/53 | €73k | €180k | €180k | €180k | €181k | ▲ 0.7% |
| Cash at bank and in hand54/58 | €249k | €128k | €112k | €98k | €107k | ▲ 9.1% |
| Deferred charges and accrued income490/1 | - | €5k | €2k | €1k | €1k | ▼ 3.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €381k | €364k | €352k | €318k | €332k | ▲ 4.3% |
| Equity10/15 | €356k | €337k | €322k | €317k | €322k | ▲ 1.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €45k | €35k | €35k | €35k | €40k | ▲ 12.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €34k | €34k | €35k | €40k | ▲ 12.7% |
| Profit (loss) carried forward14 | €292k | €283k | €268k | €263k | €263k | ▲ 0.2% |
| Amounts payable17/49 | €25k | €27k | €29k | €1k | €10k | ▲ 589% |
| Amounts payable within one year42/48 | €25k | €27k | €29k | €1k | €10k | ▲ 589% |
| Trade debts44 | €10k | €16k | €24k | €1k | €9k | ▲ 535% |
| Suppliers440/4 | - | €16k | €24k | €618 | €9k | ▲ 1,391% |
| Bills of exchange payable441 | - | - | - | €832 | - | - |
| Taxes, remuneration and social security45 | - | €10k | €5k | - | €780 | - |
| Taxes450/3 | - | €10k | €5k | - | €780 | - |
| Other amounts payable47/48 | - | €810 | €577 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €-19k | €-15k | €-6k | €5k | ▲ 188% |
| + Depreciation and write-downs630 | €6k | €2k | €1k | €1k | €1k | ▼ 24.9% |
| Operating cash flow (approximation) | €18k | €-17k | €-13k | €-4k | €6k | ▲ 239% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-3k | €-6k | ▼ 101% |
| Change in cash | - | €-120k | €-17k | €-14k | €9k | ▲ 164% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity times 18current ratio 217.21
Current ratio from 11.89 to 217.21; short-term debt falls from €29k to €1k.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 1 establishment unit since 2006
Ground area
1.6 ha
Building footprint
2,012 m²
Volume, LiDAR
468 m³
2 parcels, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Computersystemen Willaert
since 20062.156.465.002
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0902/00R000 | Flanders | 1.5 ha | 1 · 1,866 m² | - |
| 33010A0222/00R000 | Flanders | 1,010 m² | 1 · 145 m² | 8.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Attraction
BE 0660.842.687
Zandhoven · Eq €320,707
DEVOS OFFICE SOLUTIONS
BE 0862.093.636
Brugge · Eq €320,662
STREAM SERVICES
BE 0845.170.403
Rixensart · Eq €320,460
MINEX
BE 0888.066.474
Kraainem · Eq €319,834
VERSTELT-WETS
BE 0895.688.201
Beersel · Eq €319,405
Of 3,225 companies in sector 47400 we hold annual accounts for 1,807. 1,246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-02-1983
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62100Computer programming
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.