Widar
ActiveWidar has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.60M and a net result of €176k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 461 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+1
Solvency93=
Growth70▲+17
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.24 in 2024; short-term debt: 14.1% and cash: 0.1% of total assets), and 32% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← 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
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
68%
Return on assets
3.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
28 d early
2023
2 d early
2022
20 d early
2021
31 d early
2020
15 d early
2019
17 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€741k▲ 6.3%
2024 · €697k
2018: €486k
2019: €529k
2020: €536k
2021: €557k
2022: €609k
2023: €665k
2024: €697k
2018 → 2025
EBIT margin
29.6%▲ 11.9pp
2024 · 17.7%
2018: 19.2%
2019: 48.8%
2020: 19.6%
2021: 55.2%
2022: 48.2%
2023: 67.1%
2024: 17.7%
2018 → 2025
Net result
€176k▲ 74.0%
2024 · €101k
2018: €131k
2019: €246k
2020: €102k
2021: €296k
2022: €279k
2023: €423k
2024: €101k
2018 → 2025
Working capital
€-624k▲ 3.2%
2024 · €-645k
2018: €-727k
2019: €-614k
2020: €-684k
2021: €-562k
2022: €-597k
2023: €-401k
2024: €-645k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€557k-€609k▲ 9.2%€665k▲ 9.2%€697k▲ 5.0%€741k▲ 6.3%
Equity€2.77M-€3.01M▲ 8.7%€3.40M▲ 12.8%€3.46M▲ 1.9%€3.60M▲ 4.0%
Operating result€308k-€294k▼ 4.6%€446k▲ 51.9%€123k▼ 72.4%€219k▲ 78.0%
Net result€296k-€279k▼ 5.6%€423k▲ 51.7%€101k▼ 76.2%€176k▲ 74.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 78% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.30M
Fixed assets
€5.17M▲ 5.8%
Current assets
€121k▼ 40.9%
Equity and liabilities €5.30M
Equity
€3.60M▲ 4.0%
Debt
€1.69M▲ 3.8%
The debt ratio falls from 32.0% to 32.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€460k▲
2024 · €354k
Cash flow
€416k▲
2024 · €332k
Solvency
68.0%▲
2024 · 68.0%
Current ratio
0.16▼
2024 · 0.24
Quick ratio
0.16▼
2024 · 0.24
Debt / equity
0.47▼
2024 · 0.47
ROE
4.9%▲
2024 · 2.9%
ROA
3.3%▲
2024 · 2.0%
Interest coverage
14.33▼
2024 · 17.17
Debt
€1.69M▲
2024 · €1.63M
Debt ≤ 1 year
€745k▼
2024 · €849k
Debt > 1 year
€943k▲
2024 · €781k
Income taxes
€7k
Staff costs
€3.79M▲
2024 · €3.62M
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€5.10M€5.30M▲
Fixed assets21/28€4.89M€5.17M▲
Tangible fixed assets22/27€4.88M€5.17M▲
Land and buildings22€4.09M€3.90M▼
Plant, machinery and equipment23€52k€91k▲
Furniture and vehicles24€37k€53k▲
Other tangible fixed assets26-€10k
Assets under construction and advance payments27€702k€1.11M▲
Financial fixed assets28€7k€5k▼
Affiliated companies280/1€7k€5k▼
Participating interests280€7k€5k▼
Other financial fixed assets284/8€750€0▼
Amounts receivable and cash guarantees285/8€750€0▼
Current assets29/58€204k€121k▼
Amounts receivable within one year40/41€76k€108k▲
Trade receivables40€76k€75k▼
Other amounts receivable41-€34k
Cash at bank and in hand54/58€129k€3k▼
Deferred charges and accrued income490/1-€9k
Equity and liabilities
Total equity and liabilities10/49€5.10M€5.30M▲
Equity10/15€3.46M€3.60M▲
Contributions10/11€133k€133k=
Capital10€133k€133k=
Reserves13€2.84M€2.94M▲
Profit (loss) carried forward14€101k€176k▲
Investment grants15€390k€353k▼
Amounts payable17/49€1.63M€1.69M▲
Amounts payable after more than one year17€781k€943k▲
Financial debts170/4€781k€943k▲
Other loans174€781k€943k▲
Amounts payable within one year42/48€849k€745k▼
Current portion of amounts payable after more than one year42€32k€33k▲
Trade debts44€58k€204k▲
Suppliers440/4€58k€204k▲
Taxes, remuneration and social security45€759k€508k▼
Taxes450/3-€4k
Remuneration and social security454/9€759k€504k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Operating income70/76A€4.91M€4.98M▲
Turnover70€697k€741k▲
Other operating income74€239k€252k▲
Non-recurring operating income76A€287k€1k▼
Operating charges60/66A€4.79M€4.76M▼
Goods for resale, raw materials and consumables60€276k€307k▲
Purchases600/8€276k€307k▲
Services and other goods61€343k€314k▼
Remuneration, social security and pensions62€3.62M€3.79M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€231k€240k▲
Other operating charges640/8€33k€29k▼
Non-recurring operating charges66A€287k€71k▼
Operating profit (loss)9901€123k€219k▲
Financial income75/76B€227€458▲
Recurring financial income75€227€458▲
Income from current assets751€227€99▼
Other financial income752/9-€358
Financial charges65/66B€23k€38k▲
Recurring financial charges65€23k€35k▲
Debt charges650€21k€32k▲
Other financial charges652/9€2k€3k▲
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€101k€182k▲
Income taxes67/77-€7k
Taxes670/3-€7k
Profit (loss) for the period9904€101k€176k▲
Profit (loss) for the period to be appropriated9905€101k€176k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.06M€276k▼
Profit (loss) brought forward from the previous period14P€1.96M€101k▼
To contributions691€1.96M€101k▼
Social balance
Average headcount (FTE)908754.555.1▲
The notes to these accounts (53 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
05-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment3 facts ▸
- General meeting, 12/06/2026
- Director appointment, Erna Nuyts (bestuurslid)
- Director appointment, David Celis (bestuurslid)
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €101k ▼76.2%
Net result drops to €101k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €423k ▲51.7%
Operating result €446k, net result €423k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
David Celis
CurrentBestuurslid · since 12-06-2026
Erna Nuyts
CurrentBestuurslid · since 12-06-2026
12-06-2026
David Celis: Appointed as Bestuurslid
12-06-2026
Erna Nuyts: Appointed as Bestuurslid
Location & real-estate footprint
Registered office, Merksplas · 4 establishment units since 2003
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.
Lipseinde 432330 MerksplasGround area
2.8 ha
Building footprint
1,552 m²
Volume, LiDAR
7,708 m³
4 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
4 establishment units
Ekkehart
since 20032.180.015.117
Landvidi/idafeld
since 20032.180.013.830
Breidablik
since 20032.180.014.424
Skirne/Midgard
since 20062.154.402.959
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023B0391/00A000 | Flanders | 1.4 ha | 1 · 318 m² | - |
| 13051B0122/00K000 | Flanders | 5,281 m² | 1 · 284 m² | 10.5 m · 2 fl. |
| 13023B0497/00B000 | Flanders | 4,169 m² | 1 · 391 m² | 7.8 m · 2 fl. |
| 13023B0474/00A000 | Flanders | 3,815 m² | 1 · 559 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 4,668,734 EUR awarded · 4,668,734 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 482,156 EUR | 482,156 EUR |
| 2024 | 1 | 447,538 EUR | 447,538 EUR |
| 2023 | 1 | 670,503 EUR | 670,503 EUR |
| 2022 | 2 | 3,068,537 EUR | 3,068,537 EUR |
Schemes
Persoonsvolgend budget voor personen met een handicap (PVB)
Recognitions · licences · registrations
Care and welfare
2 services · 1 liveWidar
Widar
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
Emmanuel
BE 0424.348.175
Sprimont · Eq €3.56M
L'Accueil mosan
BE 0445.116.271
Namur · Eq €3.70M
IRIS
BE 0419.665.154
Kontich · Eq €3.50M
TOUS ENSEMBLE HANDICAP
BE 0729.668.543
Ukkel · Eq €3.47M
Centre de Hemptinne
BE 0409.782.933
Orp-Jauche · Eq €3.47M
Of 323 companies in sector 87202 we hold annual accounts for 274. 211 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded05-04-1981
Fiscal year end31-12
Activities, NACEBEL
85314
87202Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.