Equity
€1.4m from €6.0m in 2014
Equity fell by 77% in 11 years.
WILIKA
Lifetime
19 annual accounts with figures on one time axis, 31 filings since 1994Gross marginpeak €847,471 (2020)
€59,901▼ 45.2%
Resultlowest -€2.9m (2016)
-€47,409▼ €5,110
Equitypeak €6.0m (2014)
€1.4m▼ 3.4%
Debts
€3.9m▼ 1.3%
Board3 names since 2021
2 directorsDe Hauwere Karl and 1 other
Documentsfilings and deeds
05-05-20265 days late
2025micro format
Gross margin from €109,224 to €59,901Loss of €47,409Cash from €221,376 to €22,649
Key points
from the 2025 annual accountsLosses
-€89,709 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €150,000 estimated
The accounts state no turnover.
Debts
€3.9m 71% of the balance sheet
Financial debts 30%Suppliers 11%Other 59%
Of this, €3.0m falls due within a year.
Filings
31 annual accounts since 1994
Four of the last ten came late. The 2022 accounts came latest: 24 days after the end of the period.
Position in the sector
-€47,409
Lower net result than 91% of companies in real estate. Sector median €6,006 · 17,166 companies.
Checked score
84
Excellent
Financially stronger than 31% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,996 companies (NACE 68, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
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%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: < 0.1%▼ -0.2 percentage points vs 05-2025
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%▲ +0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%▼ -0.1 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.2 percentage points vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.41, cash €22,649, halved
1 change of registered office in 24 months
lowers risk
Size: total assets €5.5m
Figures for financial year 2025 (filed on 13-05-2026)
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 68, small). It does better than 44% of them on solvency, 18% on liquidity, 29% on profitability and 31% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,507 companies had the same profile as WILIKA has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WILIKA itself is lower: 0.3% within 12 months. It rests on far more data about WILIKA than the profile alone.
Test of the method
The method was tested on the 497,447 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 2,507 companies, not a prediction for WILIKA. 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.
Credit verdict
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.41 (0.42 in 2024), below 1. Short-term debt is 54.1% and cash 0.4% of total assets. 75.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€47,409
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
5 days late
2024
on the day
2023
15 days late
2022
24 days late
2021
10 days early
2020
17 days late
2019
45 days early
← 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 1 day after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 5 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end06-11-2026 today30-04-2027 deadline
Board and ownership
DH
De Hauwere Lina
Chair
DH
De Hauwere Karl
Director
DH
De Hauwere Line
Director
Recent changes
Registered office moved from Knokke-Heist to Damme
New registered office: Damweg 42, 8340 Damme · Previous registered office: Hazegrasstraat 52, 8300 Knokke-Heist · General meeting of 24-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0450323983
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies and 1 more · Dendermonde
Amendment of the articles · Legal-form change · Resignations & appointments
Board composition: DE HAUWERE Lina (director) · Board composition: DE HAUWERE Karl (director) · General meeting of 18-10-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| WILIKA Damme | €5.5m | €59,901 | 24.6% | - |
| EUROPROJECT Torhout | €6.0m | €51,597 | 97.6% | - |
| WYDEN-INVEST Knokke-Heist | €6.4m | €53,301 | 44.8% | - |
| Dewi Genk | €5.3m | €71,761 | 97.3% | 0 |
| HEUSDENS LUC IMMOBILIENCOMPANY Sint-Truiden | €5.2m | €41,764 | 31.7% | - |
| DOBER Kortrijk | €4.4m | €26,787 | 94.9% | 0 |
| SEAFLOWER Koksijde | €3.2m | €38,640 | 62.3% | - |
These companies have the same main activity as WILIKA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.2m and €6.4m, founded between 1990 and 1997.
Official details
Source: KBO- Status
- Active since 23-06-1993Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.062.663.4288300 Knokke-Heist, since 01-07-1993
- Financial year end
- 30 September
- Peppol
- Reachable since 28-08-2025
Insights on WILIKA
WILIKA files the micro format. That format states no turnover. The gross margin rose from -€2,615 in 2007 to €59,901 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WILIKA
- What is the company number of WILIKA?
- The company number of WILIKA is 0450.323.983. The VAT number is the same number with BE in front: BE 0450.323.983.
- Where is WILIKA based?
- The registered office is at Damweg 42, 8340 Damme.Company details
- What does WILIKA do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of WILIKA?
- WILIKA is a private limited company (BV).
- When was WILIKA founded?
- WILIKA was founded on 23-06-1993.
- Is WILIKA still active?
- Yes, WILIKA is an active enterprise in the KBO register.
- What is the turnover of WILIKA?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €59,901 and 48 comparable companies (NACE 681). It probably lies between €81,000 and €310,000.Financials
- Is WILIKA profitable?
- In financial year 2025, WILIKA made a loss of €47,409.
- Where can I find the annual accounts of WILIKA?
- WILIKA filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WILIKA due?
- WILIKA must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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