Wilenko
ActiveSummary
Wilenko has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,750 and a net result of €18,171. Its solvency ranks better than 80% of 39,293 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-07-2020 Normal situation
- Activity
- Activities of head offices NACE 70100and 1 other
- Establishment unit
- 2.304.989.125 8501 Kortrijk, since 19-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 25-10-2025
Board and ownership
- Bart WillaertDirector · since 19-07-2020
- Griet DesmetDirector · since 13-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €32,188
- Turnover
- ≈ €94,000
- estimated
- Profit
- €18,171
- Equity
- €80,750
- Total assets
- €98,115
- 2025 accounts filed 24 days after the deadline
Score breakdownlowers riskLiquidity: current ratio 4.40, cash €55,838Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €80,750 (82.3% of total assets)Size: total assets €98,115Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 89% on liquidity and 62% on profitability.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00438607.
Annual accounts 2025 filed on 24-08-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Financial fixed assets | €0 |
| Depreciation and write-downs of the year | €5,906 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €891 awarded · €891 paid| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,906 |
| Other operating charges640/8 | €1,902 |
| Gross operating margin9900 | €32,188 |
| Operating profit (loss)9901 | €24,380 |
| Financial income75/76B | €14 |
| Recurring financial income75 | €14 |
| Financial charges65/66B | €139 |
| Recurring financial charges65 | €139 |
| Profit (loss) for the period before taxes9903 | €24,255 |
| Income taxes67/77 | €6,083 |
| Profit (loss) for the period9904 | €18,171 |
| Profit (loss) for the period to be appropriated9905 | €18,171 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €98,115 | |
| Fixed assets21/28 | €21,650 | |
| Tangible fixed assets22/27 | €21,545 | |
| Land and buildings22 | €2,949 | |
| Furniture and vehicles24 | €18,596 | |
| Financial fixed assets28 | €105 | |
| Current assets29/58 | €76,465 | |
| Amounts receivable within one year40/41 | €20,527 | |
| Trade receivables40 | €13,892 | |
| Other amounts receivable41 | €6,635 | |
| Cash at bank and in hand54/58 | €55,838 | |
| Deferred charges and accrued income490/1 | €100 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €98,115 | |
| Equity10/15 | €80,750 | |
| Contributions10/11 | €1,000 | |
| Reserves13 | €79,750 | |
| Distributable reserves133 | €79,750 | |
| Profit (loss) carried forward14 | €0 | |
| Amounts payable17/49 | €17,365 | |
| Amounts payable within one year42/48 | €17,365 | |
| Trade debts44 | €6,847 | |
| Suppliers440/4 | €6,847 | |
| Taxes, remuneration and social security45 | €10,458 | |
| Taxes450/3 | €10,458 | |
| Other amounts payable47/48 | €60 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €18,171 |
| + Depreciation and write-downs630 | €5,906 |
| Operating cash flow (approximation) | €24,077 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as Wilenko has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Wilenko itself is lower: < 0.1% within 12 months. It rests on far more data about Wilenko than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Wilenko. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00438607 |
Board & ownership
Directors
Owners and capital
Shareholders
- Bart Willaert 50 shares
- Griet Desmet 50 shares
Capital transactions
- 18-11-2025 Converted to available equity · €1,000
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Bart Willaert |
|
| Griet Desmet |
|
Network & group
Wilenko shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of Wilenko. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-11
Gazette deed
Appointments: Bart Willaert (director) and Griet Desmet (director)Share issue · Power of attorney · Registered office clause21 points ▸
- General meeting, 13-10-2025
- Share issue, 100, “inbrengen” (deed in Dutch)
- Other provision, “coordinatie neerlegging publicatie”, 4 (deed in Dutch)
- Power of attorney
- Board meeting, “onmiddellijk na buitengewone algemene vergadering”, 1 (deed in Dutch)
- Registered office clause, “behoud, 8501 Kortrijk (Heule),Izegemsestraat 329” (deed in Dutch)
- Other provision, “effectenregister”, 2 (deed in Dutch)
- Auditor report, “Vertegenwoordigd door Bart ROOBROUCK Bedrijfsrevisor”, EUR (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Accounting effect, 31-08-2025
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “volstorting, niet-opgevraagde inbrengen en wettelijke reserve, geen wettelijke verplichting” (deed in Dutch)
- The act holds 9 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34016B0598/00G002 | Flanders | 1,065 m² | 1 · 148 m² | 8.1 m · 2 |