Equity
€2.5m ▲ 14.1%
D'HONDT - WILLAERT has made a profit in every financial year since 2007.
D'HONDT - WILLAERT
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1991peak €1.5m (2024)
€1.3m▼ 16.8%
peak €811,449 (2024)
€555,683▼ 31.5%
peak €3.3m (2021)
€2.5m▲ 14.1%
€2.6m▲ 17.0%
peak 7.8 FTE (2025)
7.8 FTE▲ 23.8%
Board3 names since 2020
1 directorAgro West
Owners
100%Agro West
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Gross margin from €1.5m to €1.3mResult from €811,449 to €555,683Staff from 6.3 FTE to 7.8 FTEResignation: NOLLET Jolien (director) 04-02Equity from €2.2m to €2.5mDebts from €2.3m to €2.6m
Key points
from the 2025 annual accountsResult
€555,683 ▼ 31.5%
The result fell in 2025 from €811,449 to €555,683.
Investments
€844,404 3.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 40.8% higher than in 2024.
Staff
6 employees on 30-09-2025
In 2025, 29 people joined and 28 left.
Filings
35 annual accounts since 1991
The last five annual accounts were filed 0 to 61 days before the end of the period.
Position in the sector
€555,683
Higher net result than 91% of companies in crop and animal production. Sector median €50,835 · 2,074 companies.
Checked score
96
Excellent
Financially stronger than 69% of micro companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,694 companies (NACE 01, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025highest value
06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.65, cash €1.3m
Size: 7.8 FTE, total assets €5.1m
Founded in 1991
Profit of €555,683 (financial year 2025)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro). It does better than 62% of them on solvency, 70% on liquidity, 78% on profitability and 65% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as D'HONDT - WILLAERT has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of D'HONDT - WILLAERT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 31,368 companies, not a prediction for D'HONDT - WILLAERT. 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.
Credit verdict
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.65 (1.73 in 2024), above the usual 1.5. Short-term debt is 41.4% and cash 24.8% of total assets. However, 51.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €2.5m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
61 days early
2022
2 days early
2021
1 day early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0443761439
Resignation: NOLLET Jolien (director)
General meeting of 18-10-2023 · Gazette deed
Environmental permit granted
Het reliëf van de bodem aanmerkelijk wijzigen · Staden
1 director appointed
Change of role: Agro West, from manager to director · Appointment: NOLLET Jolien Bieke Josephine Jolieke (director) · Permanent representative: Thomas Spruytte · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| D'HONDT - WILLAERT Staden | €5.1m | €1.3m | 48.2% | 7.8 |
| CAVER Lo-Reninge | €7.2m | €1.2m | 52.7% | 4.5 |
| CERPENTIER-HERMAN Moerbeke (Waas) | €4.8m | €0.9m | 48.3% | 4.7 |
| DINIMA Couvin | €3.3m | €2.2m | 60.1% | 8.9 |
| KESSLER Attert | €9.8m | €1.9m | 45.4% | 7.5 |
| Vanacker Rumbeke Roeselare | €10.6m | €1.3m | 48.0% | 7 |
| LEURIDAN Lo-Reninge | €3.0m | €1.9m | 20.9% | 13.2 |
These companies have the same main activity as D'HONDT - WILLAERT: mixed farming (NACE 01500). They are comparable in size and age: total assets between €3m and €11m, founded between 1972 and 2001.
Official details
Source: KBO- Status
- Active since 26-03-1991Normal situation
- Activity
- Mixed farmingNACE 01500and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
- Establishment unit
- 2.052.563.4518840 Staden, since 24-04-1991
- Financial year end
- 30 September
- Peppol
- Reachable since 08-09-2025
Annual accounts to 30-09-2025
- ≈ €2.2mestimated
- €5.1m▲ 15.6%
- Employeeson 30-09-2025
- 6▲ 20.0%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on D'HONDT - WILLAERT
D'HONDT - WILLAERT files the abbreviated format. That format states no turnover. The gross margin rose from €455,464 in 2007 to €1.3m in 2025.
Agro West holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about D'HONDT - WILLAERT
- What is the company number of D'HONDT - WILLAERT?
- The company number of D'HONDT - WILLAERT is 0443.761.439. The VAT number is the same number with BE in front: BE 0443.761.439.
- Where is D'HONDT - WILLAERT based?
- The registered office is at Sint Elooistraat 26, 8840 Staden.Company details
- What does D'HONDT - WILLAERT do?
- According to the KBO register, the main activity is mixed farming (NACE 01500).
- What is the legal form of D'HONDT - WILLAERT?
- D'HONDT - WILLAERT is a private limited company (BV).
- When was D'HONDT - WILLAERT founded?
- D'HONDT - WILLAERT was founded on 26-03-1991.
- Is D'HONDT - WILLAERT still active?
- Yes, D'HONDT - WILLAERT is an active enterprise in the KBO register.
- How many employees does D'HONDT - WILLAERT have?
- D'HONDT - WILLAERT had an average of 7.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does D'HONDT - WILLAERT fall under?
- In its 30-09-2025 annual accounts, D'HONDT - WILLAERT states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of D'HONDT - WILLAERT?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €1.3m and 1,586 comparable companies of the same size. It probably lies between €1.5m and €3.6m. It is a rough estimate.
- Is D'HONDT - WILLAERT profitable?
- In financial year 2025, D'HONDT - WILLAERT made a profit of €555,683.
- Where can I find the annual accounts of D'HONDT - WILLAERT?
- D'HONDT - WILLAERT filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of D'HONDT - WILLAERT due?
- D'HONDT - WILLAERT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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