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WILFRA CONCEPT & CREATION

Active
Public limited companyfounded 1986active for 39 yearsKortrijksesteenweg 12, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0429.867.475
Summary

WILFRA CONCEPT & CREATION has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €509,503 and a net result of €187,212. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 60% of 151 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-11-1986 Normal situation
Activity
Manufacture of furniture NACE 31002and 2 others
Establishment unit
2.034.317.454 9830 Sint-Martens-Latem, since 08-12-1986
Financial year end
31 December
Peppol
Reachable since 09-12-2025

Board and ownership

Board
  • Fraeye LisaDirector
  • Gixss BVDirector
Shareholders
  • GIXSS30-09-2025 annual accounts of GIXSS

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€456,414
▼ 10.7%
Turnover
≈ €1.1m
estimated
Profit
€187,212
▼ 13.3%
Equity
€509,503
▼ 60.0%
Total assets
€1.0m
▼ 36.3%
Employees on 31-12-2025
2
▼ 33.3%
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskSector: Manufacture of furniture (NACE 31)Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 1.85, cash €281,587Founded in 1986Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in furniture (NACE 31)
Financial strength · tick: 2024
Strong
Solvency 75-25
equity 49.5% of total assets
Liquidity 62-7
short-term debt 45.7% · cash 27.4%
Profitability 91+6
return on assets 18.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85 (5.16 in 2024), above the usual 1.5. Short-term debt is 45.7% and cash 27.4% of total assets. However, 50.5% of the assets are financed with debt and provisions.
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 31, micro). It does better than 60% of them on solvency, 63% on liquidity, 85% on profitability and 9% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.85, cash €281,587
NBB · annual accounts
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
24 days early
2023
30 days early
2022
68 days early
2021
45 days early
2020
47 days early
2019
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €1.3m to €509,503 ▼ 60.0% View
  • Positive: 8 profitable years in a rowprofit 2025: €187,212 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as WILFRA CONCEPT & CREATION: manufacture of furniture (NACE 31002). They are comparable in size and age: total assets between €768,000 and €1.2m, founded between 1983 and 1994.

CompanyTotal assetsGross margin
WILFRA CONCEPT & CREATION Sint-Martens-Latem€1.0m€0.5m
SCHELDECUB Waasmunster€1.1m€0.4m
G. MEULEMAN EN ZOON Beernem€1.2m€0.5m
BRAPO Deinze€0.8m€0.5m
Interni ID Haacht€1.0m€0.2m
MEUBELS PAUWELS NV Veurne€0.8m€0.5m
INTERSTOCK Frasnes-lez-Anvaing€1.1m€0.4m
Full comparison

Key facts about WILFRA CONCEPT & CREATION

What is the company number of WILFRA CONCEPT & CREATION?
The company number of WILFRA CONCEPT & CREATION is 0429.867.475. The VAT number is the same number with BE in front: BE 0429.867.475.
Where is WILFRA CONCEPT & CREATION based?
The registered office is at Kortrijksesteenweg 12, 9830 Sint-Martens-Latem.Company details
What does WILFRA CONCEPT & CREATION do?
According to the KBO register, the main activity is manufacture of furniture (NACE 31002).
What is the legal form of WILFRA CONCEPT & CREATION?
The legal form of WILFRA CONCEPT & CREATION is Public limited company (NV).
When was WILFRA CONCEPT & CREATION founded?
WILFRA CONCEPT & CREATION was founded on 24-11-1986.
Is WILFRA CONCEPT & CREATION still active?
Yes, WILFRA CONCEPT & CREATION is an active enterprise in the KBO register.
How many employees does WILFRA CONCEPT & CREATION have?
WILFRA CONCEPT & CREATION had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WILFRA CONCEPT & CREATION?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €456,414 and 2,283 comparable companies of the same size. It probably lies between €650,000 and €1.8m. It is a rough estimate.
Is WILFRA CONCEPT & CREATION profitable?
In financial year 2025, WILFRA CONCEPT & CREATION made a profit of €187,212.
Where can I find the annual accounts of WILFRA CONCEPT & CREATION?
WILFRA CONCEPT & CREATION filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WILFRA CONCEPT & CREATION due?
WILFRA CONCEPT & CREATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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