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Ivan Willockx

Active
Private limited companyfounded 2016active for 10 yearsRozestraat 1, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0647.637.524

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Ivan Willockx has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €438,600 and a net result of €61,861. Equity is growing by about 9.6% per year across the filed financial years. Its solvency ranks better than 95% of 13,692 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (29 days) Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00480711.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
29-08-2026
Format
micro format
Reference
2026-00480711
Turnover
≈ €380,000
Estimated: probably between €190,000 and €890,000
Total assets
€460,936▲ 18.4%
2024 · €389,316
Net result
€61,861▼ 28.1%
2024 · €86,018
Working capital
€437,955▲ 17.2%
2024 · €373,831
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 21% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€78,079 2025 Net result€61,861 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€128,002-€38,166▼ 70.2%€91,060▲ 139%€146,493▲ 60.9%€9,222▼ 93.7%€82,709▲ 797%€64,390▼ 22.1%€78,079▲ 21.3%
Net result€88,036-€26,830▼ 69.5%€68,343above the sector's middle half▲ 155%€100,361above the sector's middle half▲ 46.8%€14,410within the sector's middle half▼ 85.6%€59,746above the sector's middle half▲ 315%€86,018above the sector's middle half▲ 44.0%€61,861above the sector's middle half▼ 28.1%
Equity€194,032-€220,862▲ 13.8%€289,205above the sector's middle half▲ 30.9%€389,566above the sector's middle half▲ 34.7%€403,975above the sector's middle half▲ 3.7%€463,721above the sector's middle half▲ 14.8%€376,739above the sector's middle half▼ 18.8%€438,600above the sector's middle half▲ 16.4%
Total assets€271,411-€261,851▼ 3.5%€390,016within the sector's middle half▲ 48.9%€422,433above the sector's middle half▲ 8.3%€422,447above the sector's middle half=€489,773above the sector's middle half▲ 15.9%€389,316within the sector's middle half▼ 20.5%€460,936above the sector's middle half▲ 18.4%
Debt€77,379-€40,989▼ 47.0%€100,811▲ 146%€32,867▼ 67.4%€18,472▼ 43.8%€26,052▲ 41.0%€12,577▼ 51.7%€22,336▲ 77.6%
Working capital€194,232-€221,062▲ 13.8%€289,205above the sector's middle half▲ 30.8%€383,357above the sector's middle half▲ 32.6%€397,993above the sector's middle half▲ 3.8%€458,549above the sector's middle half▲ 15.2%€373,831above the sector's middle half▼ 18.5%€437,955above the sector's middle half▲ 17.2%
Solvency71.5%-84.3%▲ 12.9pp74.2%above the sector's middle half▼ 10.2pp92.2%above the sector's middle half▲ 18.1pp95.6%above the sector's middle half▲ 3.4pp94.7%above the sector's middle half▼ 0.9pp96.8%above the sector's middle half▲ 2.1pp95.2%above the sector's middle half▼ 1.6pp
Current ratio3.52-6.42▲ 2.903.87above the sector's middle half▼ 2.5512.66above the sector's middle half▲ 8.8022.55above the sector's middle half▲ 9.8818.60above the sector's middle half▼ 3.9430.72above the sector's middle half▲ 12.1220.61above the sector's middle half▼ 10.12
Return on assets (ROA)32.4%-10.2%▼ 22.2pp17.5%above the sector's middle half▲ 7.3pp23.8%above the sector's middle half▲ 6.2pp3.4%within the sector's middle half▼ 20.3pp12.2%within the sector's middle half▲ 8.8pp22.1%above the sector's middle half▲ 9.9pp13.4%within the sector's middle half▼ 8.7pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €460,936
Fixed assets €644 ▼ 77.8%
Current assets €460,292 ▲ 19.1%
Equity and liabilities €460,936
Equity €438,600 ▲ 16.4%
Debt €22,336 ▲ 77.6%
Debt's share of the balance-sheet total rises from 3.2% to 4.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€80,343▲
2024 · €66,654
Cash flow
€64,125▼
2024 · €88,282
Debt to equity
0.05▲
2024 · 0.03
ROE
14.1%▼
2024 · 22.8%
Interest coverage
over 100▲
2024 · 75.74
Debt ≤ 1 year
€22,336▲
2024 · €12,577
Income taxes
€17,730▼
2024 · €21,412
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.1% stopped otherwise
96.5% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 29-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€389,316€460,936▲
Fixed assets21/28€2,908€644▼
Tangible fixed assets22/27€2,908€644▼
Plant, machinery and equipment23€2,908€644▼
Current assets29/58€386,408€460,292▲
Amounts receivable within one year40/41€13,993€25,289▲
Trade receivables40€6,393€5,211▼
Other amounts receivable41€7,600€20,078▲
Current investments50/53€228,829€278,359▲
Cash at bank and in hand54/58€142,081€155,719▲
Deferred charges and accrued income490/1€1,505€925▼
Equity and liabilities
Total equity and liabilities10/49€389,316€460,936▲
Equity10/15€376,739€438,600▲
Contributions10/11€20,460€20,460=
Reserves13€356,279€418,140▲
Distributable reserves133€356,279€418,140▲
Amounts payable17/49€12,577€22,336▲
Amounts payable within one year42/48€12,577€22,336▲
Trade debts44€3,452€6,221▲
Suppliers440/4€3,452€6,221▲
Taxes, remuneration and social security45€6,646€13,637▲
Taxes450/3€6,646€13,637▲
Other amounts payable47/48€2,479€2,479=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,264€2,264=
Other operating charges640/8€1,503€1,334▼
Gross operating margin9900€68,157€81,677▲
Operating profit (loss)9901€64,390€78,079▲
Financial income75/76B€43,920€1,624▼
Recurring financial income75€43,920€1,624▼
Financial charges65/66B€880€112▼
Recurring financial charges65€880€112▼
Profit (loss) for the period before taxes9903€107,430€79,590▼
Income taxes67/77€21,412€17,730▼
Profit (loss) for the period9904€86,018€61,861▼
Profit (loss) for the period to be appropriated9905€86,018€61,861▼
Appropriation of the result
Profit (loss) to be appropriated9906€86,018€61,861▼
Transfer from equity791/2€173,000-
Transfer to equity691/2€86,018€61,861▼
To the legal reserve6920-€61,861
To other reserves6921€86,018-
Profit to be distributed694/7€173,000-
Return on contributions (dividend)694€173,000-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€1,552€1,756€2,027€2,264€2,264=
Other operating charges640/8---€732€945€1,598€1,503€1,334▼ 11.2%
Gross operating margin9900€128,833€38,885€91,671€148,777€11,923€86,334€68,157€81,677▲ 19.8%
Operating profit (loss)9901€128,002€38,166€91,060€146,493€9,222€82,709€64,390€78,079▲ 21.3%
Financial income75/76B---€1,798€4,583€1,592€43,920€1,624▼ 96.3%
Recurring financial income75€98€22€2,903€1,798€4,583€1,592€43,920€1,624▼ 96.3%
Financial charges65/66B---€236€63€68€880€112▼ 87.3%
Recurring financial charges65€185€77€64€236€63€68€880€112▼ 87.3%
Profit (loss) for the period before taxes9903€127,915€38,111€93,899€148,055€13,742€84,233€107,430€79,590▼ 25.9%
Income taxes67/77€39,879€11,281€25,556€47,694-€668€24,487€21,412€17,730▼ 17.2%
Profit (loss) for the period9904€88,036€26,830€68,343€100,361€14,410€59,746€86,018€61,861▼ 28.1%
Profit (loss) for the period to be appropriated9905€88,036€26,830€68,343€100,361€14,410€59,746€86,018€61,861▼ 28.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€271,411€261,851€390,016€422,433€422,447€489,773€389,316€460,936▲ 18.4%
Fixed assets21/28---€6,209€5,982€5,172€2,908€644▼ 77.8%
Tangible fixed assets22/27---€6,209€5,982€5,172€2,908€644▼ 77.8%
Plant, machinery and equipment23---€6,209€5,982€5,172€2,908€644▼ 77.8%
Current assets29/58€271,411€261,851€390,016€416,224€416,465€484,601€386,408€460,292▲ 19.1%
Stocks and contracts in progress3-€7,750€9,483€17,825€7,750€2,550---
Stocks30/36---€17,825€7,750€2,550---
Amounts receivable within one year40/41€33,834€16,707€150,791€12,869€20,999€20,088€13,993€25,289▲ 80.7%
Trade receivables40---€11,323€4,439€3,528€6,393€5,211▼ 18.5%
Other amounts receivable41---€1,546€16,560€16,560€7,600€20,078▲ 164%
Current investments50/53€70,117€139,117€165,991€206,075€269,252€367,766€228,829€278,359▲ 21.6%
Cash at bank and in hand54/58€167,460€96,772€63,125€178,829€117,793€93,488€142,081€155,719▲ 9.6%
Deferred charges and accrued income490/1---€626€671€709€1,505€925▼ 38.6%
Equity and liabilities
Total equity and liabilities10/49€271,411€261,851€390,016€422,433€422,447€489,773€389,316€460,936▲ 18.4%
Equity10/15€194,032€220,862€289,205€389,566€403,975€463,721€376,739€438,600▲ 16.4%
Contributions10/11€18,600€18,600€18,600€20,460€18,600€20,460€20,460€20,460=
Capital10----€18,600----
Issued capital100----€18,600----
Reserves13€175,432€202,262€270,605€369,106€385,375€443,261€356,279€418,140▲ 17.4%
Non-distributable reserves130/1----€1,860----
Legal reserve130----€1,860----
Distributable reserves133---€369,106€383,515€443,261€356,279€418,140▲ 17.4%
Amounts payable17/49€77,379€40,989€100,811€32,867€18,472€26,052€12,577€22,336▲ 77.6%
Amounts payable within one year42/48€77,179€40,789€100,811€32,867€18,472€26,052€12,577€22,336▲ 77.6%
Trade debts44€1,617€5,417€64,027€12,683€13,834€3,820€3,452€6,221▲ 80.2%
Suppliers440/4---€12,683€13,834€3,820€3,452€6,221▲ 80.2%
Taxes, remuneration and social security45---€17,686€1,976€19,561€6,646€13,637▲ 105%
Taxes450/3---€17,686€1,976€19,561€6,646€13,637▲ 105%
Other amounts payable47/48---€2,498€2,662€2,671€2,479€2,479=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€88,036€26,830€68,343€100,361€14,410€59,746€86,018€61,861▼ 28.1%
+ Depreciation and write-downs630---€1,552€1,756€2,027€2,264€2,264=
Operating cash flow (approximation)€88,036€26,830€68,343€101,913€16,166€61,773€88,282€64,125▼ 27.4%
Investment in fixed assets (approximation)-----€1,529-€1,217€0-€0-
Change in cash--€70,688-€33,647€115,704-€61,036-€24,305€48,593€13,638▼ 71.9%

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

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference Document
31-12-2025 micro format 29-08-2026 2026-00480711 NBB
31-12-2024 micro format 28-08-2025 2025-00477976 PDF
31-12-2023 micro format 30-08-2024 2024-00432314 PDF
31-12-2022 micro format 21-09-2023 2023-00450185 PDF
31-12-2021 micro format 03-10-2022 2022-20454451 PDF
31-12-2020 micro format 29-06-2021 2021-27400346 PDF
31-12-2019 micro format 30-06-2020 2020-23700354 PDF
31-12-2018 micro format 30-08-2019 2019-61200296 PDF
31-12-2017 micro format 30-08-2018 2018-58100378 PDF
31-12-2016 micro format 28-08-2017 2017-49800241 PDF

Similar companies · same sector, comparable size

Of the 405 active companies whose main activity is wholesale trade (NACE 46110), figures are known for 178. 123 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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