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WILCAL

Active
Public limited companyfounded 199135 yrs activeJachthoornstraat 34, 8800 Roeselare, BelgiumKBO/BCE: BE 0445.248.608
Summary

WILCAL has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,703 and a net result of -€16,797. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability15▲+13
Solvency41▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.18 against 0.22 in 2024; short-term debt: 81.1% and cash: 2.5% of total assets), and 84.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2025
Solvency, return and age of the figures
Solvency
15.6%
Return on assets
-3.3%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€16,797
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-09-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
8 d early
2023
41 d early
2022
4 d early
2021
11 d early
2020
29 d early
2019
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 20 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

WILCAL was incorporated on 26 September 1991.1 Total assets fell from EUR 1.1 million in 2019 to EUR 506,003 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€78,703▼ 17.6%
2024 · €95,500
Total assets
€506,003▼ 6.5%
2024 · €541,286
Net result
-€16,797▲ 76.9%
2024 · -€72,802
Working capital
-€335,564▼ 0.3%
2024 · -€334,411
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€14,733▼ 3.7%-€14,086▲ 4.4%-€13,308▲ 5.5%-€17,490▼ 31.4%-€17,612▼ 0.7%
Net result-€3,123▲ 87.0%-€5,856▼ 87.5%-€5,444▲ 7.0%-€72,802▼ 1,237%-€16,797▲ 76.9%
Equity€1.0m▼ 0.3%€1.0m▼ 0.6%€1.0m▼ 0.5%€95,500▼ 90.7%€78,703▼ 17.6%
Total assets€1.1m▼ 2.0%€1.1m▼ 0.7%€1.1m▼ 0.8%€541,286▼ 48.6%€506,003▼ 6.5%
Debt€8,477▼ 65.9%€8,712▲ 2.8%€7,962▼ 8.6%€427,278▲ 5,266%€410,604▼ 3.9%
Working capital€560,934▲ 1.5%€570,814▲ 1.8%€579,887▲ 1.6%-€334,411-€335,564▼ 0.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€80,000-€60,000-€40,000-€20,000€0Operating result 2021: -€14,733-€14,733Net result 2021: -€3,123-€3,123Operating result 2022: -€14,086-€14,086Net result 2022: -€5,856-€5,856Operating result 2023: -€13,308-€13,308Net result 2023: -€5,444-€5,444Operating result 2024: -€17,490-€17,490Net result 2024: -€72,802-€72,802Operating result 2025: -€17,612-€17,612Net result 2025: -€16,797-€16,79720212022202320242025-€80,000-€60,000-€40,000-€20,000€0Operating result 2023: -€13,308-€13,300Net result 2023: -€5,444-€5,440Operating result 2024: -€17,490-€17,500Net result 2024: -€72,802-€72,800Operating result 2025: -€17,612-€17,600Net result 2025: -€16,797-€16,800202320242025
The operating result stays negative: a loss of €17,612 in 2025 against €17,490 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506,003
Fixed assets €430,963 ▼ 3.9%
Current assets €75,040 ▼ 19.2%
Equity and liabilities €506,003
Equity €78,703 ▼ 17.6%
Provisions €16,696 ▼ 9.8%
Debt €410,604 ▼ 3.9%
Debt's share of the balance-sheet total rises from 78.9% to 81.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€156▼
2024 · -€28
Cash flow
€660▲
2024 · -€55,339
Current ratio
0.18▼
2024 · 0.22
Debt to equity
5.22▲
2024 · 4.47
ROE
-21.3%▲
2024 · -76.2%
ROA
-3.3%▲
2024 · -13.4%
Interest coverage
-0.16▼
2024 · 0.00
Debt ≤ 1 year
€410,604▼
2024 · €427,278
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
1.7% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,508 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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€541,286€506,003▼
Fixed assets21/28€448,419€430,963▼
Tangible fixed assets22/27€448,419€430,963▼
Land and buildings22€448,419€430,963▼
Current assets29/58€92,867€75,040▼
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Current investments50/53€63,118€62,150▼
Cash at bank and in hand54/58€29,554€12,683▼
Deferred charges and accrued income490/1€195€207▲
Equity and liabilities
Total equity and liabilities10/49€541,286€506,003▼
Equity10/15€95,500€78,703▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€39,164€36,001▼
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Tax-exempt reserves132€33,014€29,851▼
Distributable reserves133€0-
Profit (loss) carried forward14-€5,164-€18,798▼
Provisions and deferred taxes16€18,508€16,696▼
Deferred taxes168€18,508€16,696▼
Amounts payable17/49€427,278€410,604▼
Amounts payable within one year42/48€427,278€410,604▼
Trade debts44€133€0▼
Suppliers440/4€133€0▼
Other amounts payable47/48€427,145€410,604▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,462€17,456=
Other operating charges640/8€6,330€6,493▲
Gross operating margin9900€6,303€6,337▲
Operating profit (loss)9901-€17,490-€17,612▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€57,124€997▼
Recurring financial charges65€57,124€997▼
Profit (loss) for the period before taxes9903-€74,614-€18,609▲
Transfer from deferred taxes780€1,812€1,812=
Profit (loss) for the period9904-€72,802-€16,797▲
Transfer from tax-exempt reserves789€3,163€3,163=
Profit (loss) for the period to be appropriated9905-€69,639-€13,634▲
Appropriation of the result
Profit (loss) to be appropriated9906-€69,639-€18,798▲
Profit (loss) brought forward from the previous period14P--€5,164
Transfer from equity791/2€127,334€0▼
Profit to be distributed694/7€62,859€0▼
Return on contributions (dividend)694€62,859€0▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,070€17,548€17,507€17,462€17,456=
Other operating charges640/8-€5,954€5,904€6,330€6,493▲ 2.6%
Gross operating margin9900€8,013€9,416€10,103€6,303€6,337▲ 0.5%
Operating profit (loss)9901-€14,733-€14,086-€13,308-€17,490-€17,612▼ 0.7%
Financial income75/76B-€7,409€7,043€0--
Recurring financial income75€10,787€7,409€7,043€0--
Financial charges65/66B-€991€992€57,124€997▼ 98.3%
Recurring financial charges65€989€991€992€57,124€997▼ 98.3%
Profit (loss) for the period before taxes9903-€4,935-€7,668-€7,257-€74,614-€18,609▲ 75.1%
Transfer from deferred taxes780-€1,812€1,812€1,812€1,812=
Profit (loss) for the period9904-€3,123-€5,856-€5,444-€72,802-€16,797▲ 76.9%
Transfer from tax-exempt reserves789-€3,163€3,163€3,163€3,163=
Profit (loss) for the period to be appropriated9905€40-€2,693-€2,282-€69,639-€13,634▲ 80.4%
Line20212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.1m€541,286€506,003▼ 6.5%
Fixed assets21/28€499,759€482,211€465,881€448,419€430,963▼ 3.9%
Tangible fixed assets22/27€499,759€482,211€465,881€448,419€430,963▼ 3.9%
Land and buildings22-€482,211€465,881€448,419€430,963▼ 3.9%
Current assets29/58€569,411€579,525€587,849€92,867€75,040▼ 19.2%
Amounts receivable within one year40/41€3,236€2,223€2,113€0--
Other amounts receivable41-€2,223€2,113€0--
Current investments50/53€512,035€516,254€520,216€63,118€62,150▼ 1.5%
Cash at bank and in hand54/58€53,983€60,886€65,346€29,554€12,683▼ 57.1%
Deferred charges and accrued income490/1-€163€174€195€207▲ 6.3%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.1m€541,286€506,003▼ 6.5%
Equity10/15€1.0m€1.0m€1.0m€95,500€78,703▼ 17.6%
Contributions10/11€855,787€855,787€855,787€61,500€61,500=
Capital10-€855,787€855,787€61,500€61,500=
Issued capital100-€855,787€855,787€61,500€61,500=
Reserves13€180,960€175,105€169,660€39,164€36,001▼ 8.1%
Non-distributable reserves130/1-€52,825€52,825€6,150€6,150=
Legal reserve130-€52,825€52,825€6,150€6,150=
Tax-exempt reserves132-€39,339€36,176€33,014€29,851▼ 9.6%
Distributable reserves133-€82,941€80,659€0--
Profit (loss) carried forward14----€5,164-€18,798▼ 264%
Provisions and deferred taxes16€23,945€22,133€20,321€18,508€16,696▼ 9.8%
Deferred taxes168-€22,133€20,321€18,508€16,696▼ 9.8%
Amounts payable17/49€8,477€8,712€7,962€427,278€410,604▼ 3.9%
Amounts payable within one year42/48€8,477€8,712€7,962€427,278€410,604▼ 3.9%
Trade debts44€99€174€121€133€0▼ 100%
Suppliers440/4-€174€121€133€0▼ 100%
Other amounts payable47/48-€8,538€7,841€427,145€410,604▼ 3.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€3,123-€5,856-€5,444-€72,802-€16,797▲ 76.9%
+ Depreciation and write-downs630€17,070€17,548€17,507€17,462€17,456=
Operating cash flow (approximation)€13,947€11,692€12,063-€55,339€660▲ 101%
Investment in fixed assets (approximation)-€0-€1,177€0€0-
Change in cash-€6,903€4,460-€35,792-€16,871▲ 52.9%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
17-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
23-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Weakest financial yearnet -€72,802
Net result drops to -€72,802, the lowest in the series; recovery starts the following year.
2023
20-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
27-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
20-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Liquidity triplescurrent ratio 67.17
Current ratio from 23.23 to 67.17; short-term debt falls from €24,850 to €8,477.
2020
02-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
24-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
19-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-09
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.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Roeselare · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
2,510 m²
Building footprint
247 m²
Volume, LiDAR
1,165 m³
Parcel 36302B0928/00N002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jachthoornstraat 34, 8800 Roeselare
NACE 7012001
since 19912.235.998.567
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36302B0928/00N002 Flanders 2,510 m² 1 · 247 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded26-09-1991
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

General meetings

1 convocation
General meeting
at the registered office · published 07-08-2009
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. (Her)Benoemingen. Bezoldiging. Divers. (AOPC-1-9-05941/ 07.08)