DILO WAN
InactiveDILO WAN was declared bankrupt on 29-03-2024 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 04-11-2025, published in the Belgian State Gazette on 10-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 23-09-2022, 54 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
54 d late
2020
184 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 89 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Turnover
€126,067▲ 107%
2020 · €60,877
EBIT margin
4.9%▲ 11.7pp
2020 · -6.8%
Net result
€5,016
2020 · -€4,487
Working capital
€5,666
2020 · -€1,172
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€60,877€126,067▲ 107%
Operating result-€762--€3,216▼ 322%-€4,150▼ 29.0%€6,207
Net result-€628--€3,269▼ 421%-€4,487▼ 37.3%€5,016
EBIT margin-6.8%4.9%▲ 11.7pp
Equity€2,681-€412▼ 84.6%-€4,075€941
Total assets€7,947-€12,292▲ 54.7%€16,508▲ 34.3%€21,030▲ 27.4%
Debt€5,266-€11,880▲ 126%€20,583▲ 73.3%€20,089▼ 2.4%
Working capital€3,678-€4,484▲ 21.9%-€1,172€5,666
Staff (FTE)0.1-0.4▲ 300%
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 2021: €6,207 after a loss of €4,150 in 2020, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €21,030
Equity
€941
Debt
€20,089
Debt finances 95.5% of the balance-sheet total.
Key figures and ratios
Current ratio
1.37▲
2020 · 0.93
Quick ratio
1.30▲
2020 · 0.87
ROA
23.9%▲
2020 · -27.2%
Debt ≤ 1 year
€15,364▼
2020 · €17,680
Income taxes
€469
Staff costs
€27,131
Equity ratios withheld: equity of €941 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €60,877 | €126,067 | ▲ 107% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €99,741 | - |
| Remuneration, social security and pensions62 | - | - | - | €27,131 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,200 | €900 | - | - | - |
| Other operating charges640/8 | - | - | - | €481 | - |
| Gross operating margin9900 | €6,866 | €11,341 | -€2,357 | €33,819 | ▲ 1,535% |
| Operating profit (loss)9901 | -€762 | -€3,216 | -€4,150 | €6,207 | ▲ 250% |
| Recurring financial income75 | €280 | €12 | €22 | - | - |
| Financial charges65/66B | - | - | - | €722 | - |
| Recurring financial charges65 | €145 | €65 | €359 | €722 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | -€628 | -€3,269 | -€4,487 | €5,485 | ▲ 222% |
| Income taxes67/77 | - | - | - | €469 | - |
| Profit (loss) for the period9904 | -€628 | -€3,269 | -€4,487 | €5,016 | ▲ 212% |
| Profit (loss) for the period to be appropriated9905 | -€628 | -€3,269 | -€4,487 | €5,016 | ▲ 212% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €7,947 | €12,292 | €16,508 | €21,030 | ▲ 27.4% |
| Formation expenses20 | €900 | €0 | €0 | €0 | - |
| Current assets29/58 | €7,047 | €12,292 | €16,508 | €21,030 | ▲ 27.4% |
| Stocks and contracts in progress3 | €577 | €1,079 | €1,079 | €1,057 | ▼ 2.0% |
| Stocks30/36 | - | - | - | €1,057 | - |
| Amounts receivable within one year40/41 | €102 | €7,084 | €7,648 | €3,268 | ▼ 57.3% |
| Trade receivables40 | - | - | - | €3,162 | - |
| Other amounts receivable41 | - | - | - | €106 | - |
| Cash at bank and in hand54/58 | €5,458 | €4,129 | €7,695 | €16,455 | ▲ 114% |
| Deferred charges and accrued income490/1 | - | - | - | €249 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €7,947 | €12,292 | €16,508 | €21,030 | ▲ 27.4% |
| Equity10/15 | €2,681 | €412 | -€4,075 | €941 | ▲ 123% |
| Contributions10/11 | €8,900 | €9,900 | - | €9,900 | - |
| Profit (loss) carried forward14 | -€6,219 | -€9,488 | -€13,975 | -€8,959 | ▲ 35.9% |
| Amounts payable17/49 | €5,266 | €11,880 | €20,583 | €20,089 | ▼ 2.4% |
| Amounts payable within one year42/48 | €3,369 | €7,807 | €17,680 | €15,364 | ▼ 13.1% |
| Trade debts44 | €1,050 | €5,238 | €5,513 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €0 | - |
| Taxes, remuneration and social security45 | - | - | - | €8,197 | - |
| Taxes450/3 | - | - | - | €3,861 | - |
| Remuneration and social security454/9 | - | - | - | €4,336 | - |
| Other amounts payable47/48 | - | - | - | €7,167 | - |
| Accrued charges and deferred income492/3 | - | - | - | €4,724 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€628 | -€3,269 | -€4,487 | €5,016 | ▲ 212% |
| + Depreciation and write-downs630 | €1,200 | €900 | - | - | - |
| Operating cash flow (approximation) | €572 | -€2,369 | -€4,487 | €5,016 | ▲ 212% |
| Change in cash | - | -€1,329 | €3,566 | €8,760 | ▲ 146% |
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
10-11
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · event 04-11-2025
2024
05-04
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 29-03-2024
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 184 days late
2021
31-12
Financial
Back to profitnet €5,016
Net result €5,016 after 3 loss-making years.
2020
31-12
Financial
Weakest financial yearnet -€4,487
Net result drops to -€4,487, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MURIELLE DELFORGE CLOS DU SARTAY 11,
4053 EMBOURG |
29-03-2024 → 04-11-2025 |