PAUL WILLEMS
ActiveSummary
PAUL WILLEMS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €-472. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-31
Solvency61▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.26 in 2024; short-term debt: 42.9% and cash: 29.2% of total assets), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.3%
Return on assets
-0.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
13 d early
2023
12 d early
2022
30 d late
2021
26 d early
2020
37 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▼ 1.0%
2024 · €48k
2018: €20k
2019: €27k
2020: €25k
2021: €25k
2022: €18k
2023: €24k
2024: €48k
2018 → 2025
Total assets
€131k▼ 12.7%
2024 · €150k
2018: €44k
2019: €51k
2020: €55k
2021: €47k
2022: €44k
2023: €50k
2024: €150k
2018 → 2025
Net result
€-472
2024 · €25k
2018: €-10k
2019: €7k
2020: €-2k
2021: €-325
2022: €-6k
2023: €5k
2024: €25k
2018 → 2025
Working capital
€23k▲ 37.6%
2024 · €17k
2018: €20k
2019: €25k
2020: €23k
2021: €24k
2022: €15k
2023: €24k
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€18k▼ 24.7%€24k▲ 27.7%€48k▲ 104%€48k▼ 1.0%
Operating result€-423-€-6k▼ 1,330%€6k€37k▲ 498%€3k▼ 91.5%
Net result€-325-€-6k▼ 1,757%€5k€25k▲ 379%€-472
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets
€52k ▼ 25.6%
Current assets
€79k ▼ 1.5%
Equity and liabilities €131k
Equity
€48k ▼ 1.0%
Debt
€84k ▼ 18.2%
Debt's share of the balance-sheet total falls from 68.0% to 63.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €40k
Cash flow
€17k▼
2024 · €28k
Current ratio
1.41▲
2024 · 1.26
Quick ratio
1.02▲
2024 · 0.89
Debt to equity
1.76▼
2024 · 2.13
ROE
-1.0%▼
2024 · 51.0%
ROA
-0.4%▼
2024 · 16.3%
Interest coverage
4.74▼
2024 · 17.39
Debt ≤ 1 year
€56k▼
2024 · €64k
Debt > 1 year
€24k▼
2024 · €37k
Income taxes
€264▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€150k€131k▼
Fixed assets21/28€70k€52k▼
Tangible fixed assets22/27€70k€52k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€0-
Leasing and similar rights25€68k€50k▼
Current assets29/58€81k€79k▼
Stocks and contracts in progress3€24k€22k▼
Stocks30/36€24k€22k▼
Amounts receivable within one year40/41€20k€16k▼
Trade receivables40€15k€12k▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€34k€38k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€150k€131k▼
Equity10/15€48k€48k▼
Contributions10/11€19k€19k=
Reserves13€29k€29k=
Distributable reserves133€29k€29k=
Profit (loss) carried forward14€0€-472▼
Amounts payable17/49€102k€84k▼
Amounts payable after more than one year17€37k€24k▼
Financial debts170/4€37k€24k▼
Amounts payable within one year42/48€64k€56k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€6k€251▼
Taxes450/3€6k€251▼
Other amounts payable47/48€43k€41k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€1k€1k▲
Gross operating margin9900€41k€22k▼
Operating profit (loss)9901€37k€3k▼
Financial income75/76B€309€1k▲
Recurring financial income75€309€1k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€35k€-209▼
Income taxes67/77€11k€264▼
Profit (loss) for the period9904€25k€-472▼
Profit (loss) for the period to be appropriated9905€25k€-472▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-472▼
Profit (loss) brought forward from the previous period14P€-3k€0▲
Transfer to equity691/2€21k€0▼
To other reserves6921€21k€0▼
The notes to these accounts (10 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €25k ▲379%
Operating result €37k, net result €25k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kasterlee · 1 establishment unit since 2002
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.
Pleintje 162460 KasterleeGround area
903 m²
Building footprint
138 m²
Volume, LiDAR
138 m³
Parcel 13038C0198/00L002, Flanders · tallest building 17.3 m. Linked by address, not a title deed.
1 establishment unit
Pleintje 16, 2460 Kasterlee
since 20022.101.519.450
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13038C0198/00L002 | Flanders | 902 m² | 1 · 138 m² | 17.3 m |
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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Of 462 companies in sector 47783 we hold annual accounts for 214. 165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
47783Retail trade
20412Manufacture of chemicals and chemical products
46442Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.