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FEATURING WILLY

Active Risk: low
Limited partnershipfounded 2021active for 4 yearsAdriaan Pietersstraat 28, 9030 Gent, BelgiumKBO/BCE: BE 0776.415.813
Summary

FEATURING WILLY has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €4,429 and a net result of -€571. Its solvency ranks better than 29% of 8,158 sector peers (NACE 73, financial year 2023). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2023, micro format

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€4,429
Total assets
€15,841
Net result
-€571
Working capital
€3,946

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €15,841
Fixed assets €482
Current assets €15,359
Equity and liabilities €15,841
Equity €4,429
Debt €11,412
Debt finances 72.0% of the balance-sheet total.
Key figures and ratios
2023 value
EBITDA
€468
Cash flow
€250
Current ratio
1.35
Debt to equity
2.58
ROE
-12.9%
ROA
-3.6%
Interest coverage
3.32
Debt ≤ 1 year
€11,412
Income taxes
€80
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 34 lines
Balance sheet Code2023
Assets
Total assets20/58€15,841
Fixed assets21/28€482
Tangible fixed assets22/27€482
Furniture and vehicles24€482
Current assets29/58€15,359
Amounts receivable within one year40/41€10,841
Trade receivables40€10,830
Other amounts receivable41€12
Cash at bank and in hand54/58€4,518
Equity and liabilities
Total equity and liabilities10/49€15,841
Equity10/15€4,429
Contributions10/11€5,000
Profit (loss) carried forward14-€571
Amounts payable17/49€11,412
Amounts payable within one year42/48€11,412
Trade debts44€29
Suppliers440/4€29
Taxes, remuneration and social security45€8,551
Taxes450/3€4,016
Remuneration and social security454/9€4,536
Other amounts payable47/48€2,832
Income statement Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€822
Other operating charges640/8€132
Gross operating margin9900€599
Operating profit (loss)9901-€354
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€141
Recurring financial charges65€141
Profit (loss) for the period before taxes9903-€491
Income taxes67/77€80
Profit (loss) for the period9904-€571
Profit (loss) for the period to be appropriated9905-€571
Appropriation of the result
Profit (loss) to be appropriated9906-€571

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€822
Other operating charges640/8€132
Gross operating margin9900€599
Operating profit (loss)9901-€354
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€141
Recurring financial charges65€141
Profit (loss) for the period before taxes9903-€491
Income taxes67/77€80
Profit (loss) for the period9904-€571
Profit (loss) for the period to be appropriated9905-€571
Line2023
Assets
Total assets20/58€15,841
Fixed assets21/28€482
Tangible fixed assets22/27€482
Furniture and vehicles24€482
Current assets29/58€15,359
Amounts receivable within one year40/41€10,841
Trade receivables40€10,830
Other amounts receivable41€12
Cash at bank and in hand54/58€4,518
Equity and liabilities
Total equity and liabilities10/49€15,841
Equity10/15€4,429
Contributions10/11€5,000
Profit (loss) carried forward14-€571
Amounts payable17/49€11,412
Amounts payable within one year42/48€11,412
Trade debts44€29
Suppliers440/4€29
Taxes, remuneration and social security45€8,551
Taxes450/3€4,016
Remuneration and social security454/9€4,536
Other amounts payable47/48€2,832
Line2023
Profit (loss) for the period9904-€571
+ Depreciation and write-downs630€822
Operating cash flow (approximation)€250

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2023 micro format 30-04-2024 2024-00074616

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.