Skip to content

WILKINSON

Active
Private limited companyfounded 1993active for 32 yearsNieuwlandlaan 139, 3200 Aarschot, BelgiumKBO/BCE: BE 0451.599.435

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-04-2026 PDF all 32 filings

Turnover
≈ €180,000
Estimated: probably between €150,000 and €210,000
Total assets
€939,400▲ 75.7%
2024 · €534,779
Net result
€116▼ 99.7%
2024 · €43,594
Working capital
-€147,336▼ 1,560%
2024 · -€8,873
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 71% lower than in 2024.

Operating result€22,193 2025 Net result€116 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€8,278--€6,612▲ 20.1%-€6,768▼ 2.4%€176€5,483▲ 31×€30,333▲ 453%€75,491▲ 149%€22,193▼ 70.6%
Net result-€9,760--€7,999▲ 18.0%-€7,811below the sector's middle half▲ 2.3%-€2,430below the sector's middle half▲ 68.9%€3,366within the sector's middle half€12,137within the sector's middle half▲ 261%€43,594within the sector's middle half▲ 259%€116below the sector's middle half▼ 99.7%
Equity€145,851-€137,852▼ 5.5%€130,040within the sector's middle half▼ 5.7%€140,542within the sector's middle half▲ 8.1%€143,907within the sector's middle half▲ 2.4%€99,237within the sector's middle half▼ 31.0%€142,831within the sector's middle half▲ 43.9%€142,947within the sector's middle half▲ 0.1%
Total assets€256,392-€212,187▼ 17.2%€196,547within the sector's middle half▼ 7.4%€238,128within the sector's middle half▲ 21.2%€213,636within the sector's middle half▼ 10.3%€593,244above the sector's middle half▲ 178%€534,779above the sector's middle half▼ 9.9%€939,400above the sector's middle half▲ 75.7%
Debt€110,542-€74,336▼ 32.8%€66,507▼ 10.5%€97,586▲ 46.7%€69,729▼ 28.5%€494,007▲ 608%€391,948▼ 20.7%€796,453▲ 103%
Working capital€35,503-€36,729▲ 3.5%€34,281within the sector's middle half▼ 6.7%€16,215within the sector's middle half▼ 52.7%€23,187within the sector's middle half▲ 43.0%-€39,969below the sector's middle half-€8,873below the sector's middle half▲ 77.8%-€147,336below the sector's middle half▼ 1,560%
Solvency56.9%-65.0%▲ 8.1pp66.2%within the sector's middle half▲ 1.2pp59.0%within the sector's middle half▼ 7.1pp67.4%within the sector's middle half▲ 8.3pp16.7%below the sector's middle half▼ 50.6pp26.7%below the sector's middle half▲ 10.0pp15.2%below the sector's middle half▼ 11.5pp
Current ratio1.69-2.61▲ 0.922.47within the sector's middle half▼ 0.141.54within the sector's middle half▼ 0.932.46within the sector's middle half▲ 0.930.66below the sector's middle half▼ 1.810.86below the sector's middle half▲ 0.200.23below the sector's middle half▼ 0.63
Return on assets (ROA)-3.8%--3.8%=-4.0%below the sector's middle half▼ 0.2pp-1.0%below the sector's middle half▲ 3.0pp1.6%below the sector's middle half▲ 2.6pp2.0%within the sector's middle half▲ 0.5pp8.2%within the sector's middle half▲ 6.1pp0.0%below the sector's middle half▼ 8.1pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €939,400
Fixed assets €895,793 ▲ 86.1%
Current assets €43,607 ▼ 18.4%
Equity and liabilities €939,400
Equity €142,947 ▲ 0.1%
Debt €796,453 ▲ 103%
Debt's share of the balance-sheet total rises from 73.3% to 84.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€78,415▼
2024 · €119,746
Cash flow
€56,338▼
2024 · €87,849
Debt to equity
5.57▲
2024 · 2.74
ROE
0.1%▼
2024 · 30.5%
Interest coverage
3.55▼
2024 · 6.81
Debt ≤ 1 year
€190,943▲
2024 · €62,294
Debt > 1 year
€605,510▲
2024 · €329,655
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€68,172-€379,986€8,441€495,226
Depreciation and write-downs of the year€15,323€17,159€37,410€44,255€56,222

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as WILKINSON: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €812,000 and €1.1m, founded between 1988 and 1994.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
WILKINSON Aarschot1993€0.9m€0.1m€0.1m€116-2025
PROMS Tremelo1991€0.9m€0.5m€0.09m€0.06m-2026
ARTISAM Halle1993€0.8m€0.8m€0.09m€0.04m-2025
COBOTECH Asse1988€0.9m€0.6m€0.1m€0.04m-2025
Fiscal First Kapelle-op-den-Bos1991€1.1m€0.1m€0.09m€0.007m-2025
P.K.M. Brecht1992€1.0m€0.5m€0.1m€0.03m02025
TECHNISCH ADVIESBUREAU Wortegem-Petegem1994€1.0m€0.8m€0.09m€0.09m-2025

They were chosen from the 54,693 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 4,685 companies had the same profile as WILKINSON has now. Two years later, 1.1% had gone bankrupt and 96.9% were still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
1.9% stopped otherwise
96.9% was still going

That fits the bankruptcy probability of WILKINSON itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 4,685 companies, not a prediction for WILKINSON. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Source: Annual accounts 2025 (PDF), filed on 29-04-2026.

Balance sheet Code20242025
Assets
Total assets20/58€534,779€939,400▲
Fixed assets21/28€481,359€895,793▲
Tangible fixed assets22/27€481,235€895,669▲
Land and buildings22€448,406€806,899▲
Plant, machinery and equipment23€3,356€32,961▲
Furniture and vehicles24€29,473€55,809▲
Financial fixed assets28€124€124=
Current assets29/58€53,420€43,607▼
Amounts receivable within one year40/41€46,029€33,089▼
Trade receivables40€1,029€8,089▲
Other amounts receivable41€45,000€25,000▼
Cash at bank and in hand54/58€7,392€10,519▲
Equity and liabilities
Total equity and liabilities10/49€534,779€939,400▲
Equity10/15€142,831€142,947▲
Contributions10/11€18,592€18,592=
Reserves13€124,239€124,355▲
Distributable reserves133€124,239€124,355▲
Amounts payable17/49€391,948€796,453▲
Amounts payable after more than one year17€329,655€605,510▲
Financial debts170/4€329,655€605,510▲
Amounts payable within one year42/48€62,294€190,943▲
Current portion of amounts payable after more than one year42€48,313€70,081▲
Trade debts44€1,850€1,162▼
Suppliers440/4€1,850€1,162▼
Taxes, remuneration and social security45€7,554€4,819▼
Taxes450/3€7,554€4,819▼
Other amounts payable47/48€4,577€114,881▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,255€56,222▲
Other operating charges640/8€3,265€26,240▲
Gross operating margin9900€123,011€104,655▼
Operating profit (loss)9901€75,491€22,193▼
Financial charges65/66B€17,586€22,077▲
Recurring financial charges65€17,586€22,077▲
Profit (loss) for the period before taxes9903€57,905€116▼
Income taxes67/77€14,311-
Profit (loss) for the period9904€43,594€116▼
Profit (loss) for the period to be appropriated9905€43,594€116▼
Appropriation of the result
Profit (loss) to be appropriated9906€43,594€116▼
Transfer to equity691/2€43,594€116▼
To other reserves6921€43,594€116▼

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,243€14,243€13,750€15,323€17,159€37,410€44,255€56,222▲ 27.0%
Other operating charges640/8---€3,162€3,231€10,478€3,265€26,240▲ 704%
Gross operating margin9900€9,314€13,439€10,124€18,662€25,872€78,220€123,011€104,655▼ 14.9%
Operating profit (loss)9901-€8,278-€6,612-€6,768€176€5,483€30,333€75,491€22,193▼ 70.6%
Financial charges65/66B---€1,867€1,780€16,982€17,586€22,077▲ 25.5%
Recurring financial charges65€1,482€1,387€1,044€1,867€1,780€16,982€17,586€22,077▲ 25.5%
Profit (loss) for the period before taxes9903-€9,760-€7,999-€7,811-€1,690€3,702€13,351€57,905€116▼ 99.8%
Income taxes67/77---€739€337€1,214€14,311--
Profit (loss) for the period9904-€9,760-€7,999-€7,811-€2,430€3,366€12,137€43,594€116▼ 99.7%
Profit (loss) for the period to be appropriated9905-€9,760-€7,999-€7,811-€2,430€3,366€12,137€43,594€116▼ 99.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€256,392€212,187€196,547€238,128€213,636€593,244€534,779€939,400▲ 75.7%
Fixed assets21/28€169,711€152,657€138,907€191,756€174,597€517,173€481,359€895,793▲ 86.1%
Tangible fixed assets22/27€169,587€152,533€138,783€191,632€174,473€517,049€481,235€895,669▲ 86.1%
Land and buildings22---€191,632€174,473€480,248€448,406€806,899▲ 79.9%
Plant, machinery and equipment23-----€4,232€3,356€32,961▲ 882%
Furniture and vehicles24-----€32,570€29,473€55,809▲ 89.4%
Financial fixed assets28€124€124€124€124€124€124€124€124=
Current assets29/58€86,681€59,530€57,640€46,373€39,039€76,070€53,420€43,607▼ 18.4%
Amounts receivable within one year40/41€1,668€1,061€1,724€5,935€6,364€41,247€46,029€33,089▼ 28.1%
Trade receivables40---€4,872€5,969€13,242€1,029€8,089▲ 686%
Other amounts receivable41---€1,063€395€28,005€45,000€25,000▼ 44.4%
Cash at bank and in hand54/58€85,013€58,470€55,917€40,438€32,675€34,824€7,392€10,519▲ 42.3%
Equity and liabilities
Total equity and liabilities10/49€256,392€212,187€196,547€238,128€213,636€593,244€534,779€939,400▲ 75.7%
Equity10/15€145,851€137,852€130,040€140,542€143,907€99,237€142,831€142,947▲ 0.1%
Contributions10/11€18,592€18,592-€18,592€18,592€18,592€18,592€18,592=
Reserves13€127,259€119,260€111,448€121,950€125,315€80,645€124,239€124,355▲ 0.1%
Non-distributable reserves130/1---€1,859€1,859----
Reserves not available under the articles1311---€1,859€1,859----
Distributable reserves133---€120,091€123,456€80,645€124,239€124,355▲ 0.1%
Amounts payable17/49€110,542€74,336€66,507€97,586€69,729€494,007€391,948€796,453▲ 103%
Amounts payable after more than one year17€59,363€51,535€43,148€67,429€53,877€377,968€329,655€605,510▲ 83.7%
Financial debts170/4---€67,429€53,877€377,968€329,655€605,510▲ 83.7%
Amounts payable within one year42/48€51,178€22,801€23,359€30,158€15,852€116,039€62,294€190,943▲ 207%
Current portion of amounts payable after more than one year42---€13,243€13,552€52,119€48,313€70,081▲ 45.1%
Trade debts44---€834€397€1,289€1,850€1,162▼ 37.2%
Suppliers440/4---€834€397€1,289€1,850€1,162▼ 37.2%
Taxes, remuneration and social security45---€739€1,076€8,054€7,554€4,819▼ 36.2%
Taxes450/3---€739€1,076€8,054€7,554€4,819▼ 36.2%
Other amounts payable47/48---€15,342€828€54,577€4,577€114,881▲ 25×
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€9,760-€7,999-€7,811-€2,430€3,366€12,137€43,594€116▼ 99.7%
+ Depreciation and write-downs630€14,243€14,243€13,750€15,323€17,159€37,410€44,255€56,222▲ 27.0%
Operating cash flow (approximation)€4,482€6,244€5,939€12,893€20,524€49,547€87,849€56,338▼ 35.9%
Investment in fixed assets (approximation)-€2,811€0-€68,172€0-€379,986-€8,441-€470,656▼ 5,476%
Change in cash--€26,543-€2,553-€15,479-€7,762€2,148-€27,432€3,127-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-04-2026 2026-00092787 PDF
31-12-2024 micro format 04-04-2025 2025-00066235 PDF
31-12-2023 micro format 27-06-2024 2024-00192403 PDF
31-12-2022 micro format 27-06-2023 2023-00194846 PDF
31-12-2021 micro format 01-07-2022 2022-20159333 PDF
31-12-2020 micro format 21-06-2021 2021-22000542 PDF
31-12-2019 micro format 16-06-2020 2020-17100469 PDF
31-12-2018 micro format 08-07-2019 2019-30300279 PDF
31-12-2017 micro format 29-08-2018 2018-52800271 PDF
31-12-2016 micro format 24-08-2017 2017-47400438 PDF

Show all 32 filings

Next steps