I.M. WILLEMS
ActiveI.M. WILLEMS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €869k and a net result of €96k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 53% of 7971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-3
Solvency73▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.65 against 4.08 in 2024; short-term debt: 25.5% and cash: 58.3% of total assets), but 52.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.5%
Return on assets
5.3%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
50 d early
2023
28 d early
2022
on the day
2021
on the day
2020
1 d late
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€869k▼ 7.8%
2024 · €942k
2019: €387k
2020: €450k
2021: €661k
2022: €772k
2023: €865k
2024: €942k
2019 → 2025
Total assets
€1.83M▼ 2.1%
2024 · €1.87M
2019: €1.17M
2020: €1.37M
2021: €1.68M
2022: €1.87M
2023: €1.89M
2024: €1.87M
2019 → 2025
Net result
€96k▼ 32.9%
2024 · €143k
2019: €87k
2020: €67k
2021: €211k
2022: €111k
2023: €93k
2024: €143k
2019 → 2025
Working capital
€1.24M▼ 6.2%
2024 · €1.32M
2019: €663k
2020: €738k
2021: €979k
2022: €1.11M
2023: €1.23M
2024: €1.32M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€661k-€772k▲ 16.8%€865k▲ 12.1%€942k▲ 8.9%€869k▼ 7.8%
Operating result€308k-€170k▼ 44.9%€143k▼ 15.8%€197k▲ 37.7%€125k▼ 36.6%
Net result€211k-€111k▼ 47.3%€93k▼ 16.0%€143k▲ 53.4%€96k▼ 32.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.83M
Fixed assets
€124k▲ 5.6%
Current assets
€1.70M▼ 2.6%
Equity and liabilities €1.83M
Equity
€869k▼ 7.8%
Debt
€959k▲ 3.8%
The debt ratio rises from 49.5% to 52.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€160k▼
2024 · €234k
Cash flow
€131k▼
2024 · €181k
Solvency
47.5%▼
2024 · 50.5%
Current ratio
3.65▼
2024 · 4.08
Quick ratio
3.38▼
2024 · 3.78
Debt / equity
1.10▲
2024 · 0.98
ROE
11.1%▼
2024 · 15.2%
ROA
5.3%▼
2024 · 7.7%
Interest coverage
19.44▼
2024 · 20.57
Debt
€959k▲
2024 · €924k
Debt ≤ 1 year
€466k▲
2024 · €429k
Debt > 1 year
€486k=
2024 · €486k
Income taxes
€39k▼
2024 · €63k
Staff costs
€63k▼
2024 · €78k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.87M€1.83M▼
Fixed assets21/28€117k€124k▲
Intangible fixed assets21€0€5k▲
Tangible fixed assets22/27€117k€119k▲
Land and buildings22€49k€42k▼
Plant, machinery and equipment23€43k€38k▼
Furniture and vehicles24€25k€7k▼
Other tangible fixed assets26-€33k
Financial fixed assets28€149€149=
Current assets29/58€1.75M€1.70M▼
Stocks and contracts in progress3€125k€126k▲
Stocks30/36€125k€126k▲
Amounts receivable within one year40/41€1k€5k▲
Trade receivables40€1k€5k▲
Other amounts receivable41€175€0▼
Current investments50/53€500k€500k=
Cash at bank and in hand54/58€1.11M€1.07M▼
Deferred charges and accrued income490/1€14k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.87M€1.83M▼
Equity10/15€942k€869k▼
Contributions10/11€25k€25k=
Reserves13€917k€844k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€19k€19k=
Distributable reserves133€899k€825k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€924k€959k▲
Amounts payable after more than one year17€486k€486k=
Financial debts170/4€0-
Other amounts payable178/9€486k€486k=
Amounts payable within one year42/48€429k€466k▲
Current portion of amounts payable after more than one year42€19k€0▼
Financial debts43€24k€0▼
Other loans439€24k€0▼
Trade debts44€131k€109k▼
Suppliers440/4€131k€109k▼
Advances received on contracts in progress46€81k€54k▼
Taxes, remuneration and social security45€50k€47k▼
Taxes450/3€45k€33k▼
Remuneration and social security454/9€5k€13k▲
Other amounts payable47/48€125k€257k▲
Accrued charges and deferred income492/3€9k€7k▼
Income statement
Code20242025
Remuneration, social security and pensions62€78k€63k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€35k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€13k€3k▼
Gross operating margin9900€326k€226k▼
Operating profit (loss)9901€197k€125k▼
Financial income75/76B€21k€19k▼
Recurring financial income75€21k€19k▼
Financial charges65/66B€11k€8k▼
Recurring financial charges65€11k€8k▼
Profit (loss) for the period before taxes9903€206k€136k▼
Income taxes67/77€63k€39k▼
Profit (loss) for the period9904€143k€96k▼
Profit (loss) for the period to be appropriated9905€143k€96k▼
Appropriation of the result
Profit (loss) to be appropriated9906€143k€96k▼
Transfer from equity791/2€66k€170k▲
Transfer to equity691/2€143k€96k▼
To other reserves6921€143k€96k▼
Profit to be distributed694/7€66k€170k▲
Return on contributions (dividend)694€66k€170k▲
Social balance
Average headcount (FTE)90871.31.0▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €211k ▲213%
Operating result €308k, net result €211k, both a record.
30-06
Financial
Equity above €500kEq €661k ▲46.9%
3 profitable years in a row build equity to €661k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €67k ▼22.7%
Net result drops to €67k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Registered office, Eeklo · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kunstdal 1-39900 EekloGround area
2,071 m²
Building footprint
1,803 m²
Volume, LiDAR
11,937 m³
Parcel 43005A0741/00M002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
I.M. WILLEMS
since 19962.077.035.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005A0741/00M002 | Flanders | 2,071 m² | 1 · 1,803 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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IMMO HERMIC
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Of 679 companies in sector 46494 we hold annual accounts for 530. 383 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-1996
Fiscal year end30-06
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.imwillems.be
E-mail:isabelle@imwillems.be