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WILL.B

Active
Private limited companyfounded 2021active for 5 yearsRue Maréchal Foch 25, 6200 Châtelet, BelgiumKBO/BCE: BE 0767.831.709
Summary

WILL.B has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,597 and a net result of €27,674. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 71% of 13,365 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Turnover
€373,405▼ 10.2%
2023 · €416,015
EBIT margin
13.6%▲ 9.1pp
2023 · 4.5%
Net result
€27,674▼ 13.0%
2024 · €31,825
Working capital
€154,594▲ 23.1%
2024 · €125,576
Trend over the years

2021 to 2025, 5 financial years

The operating result falls in 2025; 2025 is 20% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€373,405 2024 Operating result€40,817 2025 Net result€27,674 2025

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

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Turnover€220,532-€389,156▲ 76.5%€416,015▲ 6.9%€373,405▼ 10.2%
Operating result€50,312-€69,548▲ 38.2%€18,744▼ 73.0%€50,782▲ 171%€40,817▼ 19.6%
Net result€32,618above the sector's middle half-€43,742above the sector's middle half▲ 34.1%€12,740within the sector's middle half▼ 70.9%€31,825above the sector's middle half▲ 150%€27,674within the sector's middle half▼ 13.0%
EBIT margin22.8%-17.9%▼ 4.9pp4.5%▼ 13.4pp13.6%▲ 9.1pp
Equity€37,618within the sector's middle half-€81,359within the sector's middle half▲ 116%€94,099within the sector's middle half▲ 15.7%€125,924within the sector's middle half▲ 33.8%€153,597within the sector's middle half▲ 22.0%
Total assets€96,209within the sector's middle half-€162,747within the sector's middle half▲ 69.2%€158,159within the sector's middle half▼ 2.8%€210,037within the sector's middle half▲ 32.8%€232,063within the sector's middle half▲ 10.5%
Debt€58,591-€81,387▲ 38.9%€64,060▼ 21.3%€84,114▲ 31.3%€78,466▼ 6.7%
Working capital€34,967within the sector's middle half-€79,568within the sector's middle half▲ 128%€93,170within the sector's middle half▲ 17.1%€125,576above the sector's middle half▲ 34.8%€154,594above the sector's middle half▲ 23.1%
Solvency39.1%within the sector's middle half-50.0%within the sector's middle half▲ 10.9pp59.5%within the sector's middle half▲ 9.5pp60.0%within the sector's middle half▲ 0.5pp66.2%within the sector's middle half▲ 6.2pp
Current ratio1.60within the sector's middle half-1.98within the sector's middle half▲ 0.382.45within the sector's middle half▲ 0.482.49within the sector's middle half▲ 0.043.00within the sector's middle half▲ 0.50
Return on assets (ROA)33.9%above the sector's middle half-26.9%above the sector's middle half▼ 7.0pp8.1%within the sector's middle half▼ 18.8pp15.2%above the sector's middle half▲ 7.1pp11.9%within the sector's middle half▼ 3.2pp
Staff (FTE)11=1=
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €232,063
Equity €153,597 ▲ 22.0%
Debt €78,466 ▼ 6.7%
Debt's share of the balance-sheet total falls from 40.0% to 33.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,164▼
2024 · €51,364
Cash flow
€28,021▼
2024 · €32,406
Quick ratio
0.78▲
2024 · 0.72
Debt to equity
0.51▼
2024 · 0.67
ROE
18.0%▼
2024 · 25.3%
Interest coverage
25.98▲
2024 · 21.98
Debt ≤ 1 year
€77,469▼
2024 · €84,114
Income taxes
€15,353▼
2024 · €19,915
Staff costs
€27,231▼
2024 · €27,252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,975 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 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€210,037€232,063▲
Fixed assets21/28€348€0▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€348€0▼
Plant, machinery and equipment23€348€0▼
Furniture and vehicles24€0€0=
Current assets29/58€209,689€232,063▲
Stocks and contracts in progress3€149,473€171,922▲
Stocks30/36€149,473€171,922▲
Amounts receivable within one year40/41€1,765€299▼
Trade receivables40€1,234€299▼
Other amounts receivable41€532€0▼
Cash at bank and in hand54/58€57,226€59,189▲
Deferred charges and accrued income490/1€1,225€653▼
Equity and liabilities
Total equity and liabilities10/49€210,037€232,063▲
Equity10/15€125,924€153,597▲
Contributions10/11€5,000€5,000=
Reserves13€114,000€141,500▲
Distributable reserves133€114,000€141,500▲
Profit (loss) carried forward14€6,924€7,097▲
Amounts payable17/49€84,114€78,466▼
Amounts payable within one year42/48€84,114€77,469▼
Trade debts44€12,521€2,272▼
Suppliers440/4€12,521€2,272▼
Taxes, remuneration and social security45€33,310€36,929▲
Taxes450/3€23,192€27,953▲
Remuneration and social security454/9€10,118€8,977▼
Other amounts payable47/48€38,282€38,267=
Accrued charges and deferred income492/3-€997
Income statement Code20242025
Turnover70€373,405-
Goods, raw materials, services and sundry goods60/61€313,043-
Remuneration, social security and pensions62€27,252€27,231▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€581€348▼
Other operating charges640/8€887€1,110▲
Non-recurring operating charges66A€0€695▲
Gross operating margin9900€79,503€70,201▼
Operating profit (loss)9901€50,782€40,817▼
Financial income75/76B€4,577€3,795▼
Recurring financial income75€4,577€3,795▼
Financial charges65/66B€3,619€1,585▼
Recurring financial charges65€2,337€1,585▼
Non-recurring financial charges66B€1,282-
Profit (loss) for the period before taxes9903€51,740€43,027▼
Income taxes67/77€19,915€15,353▼
Profit (loss) for the period9904€31,825€27,674▼
Profit (loss) for the period to be appropriated9905€31,825€27,674▼
Appropriation of the result
Profit (loss) to be appropriated9906€38,424€34,597▼
Profit (loss) brought forward from the previous period14P€6,599€6,924▲
Transfer to equity691/2€31,500€27,500▼
To other reserves6921€31,500€27,500▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€220,532€389,156€416,015€373,405--
Goods, raw materials, services and sundry goods60/61€173,719€341,327€392,816€313,043--
Remuneration, social security and pensions62-€0€15,456€27,252€27,231▼ 0.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€864€860€862€581€348▼ 40.2%
Other operating charges640/8€788€543€684€887€1,110▲ 25.1%
Non-recurring operating charges66A---€0€695-
Gross operating margin9900€51,963€70,950€35,746€79,503€70,201▼ 11.7%
Operating profit (loss)9901€50,312€69,548€18,744€50,782€40,817▼ 19.6%
Financial income75/76B€739€3,519€4,465€4,577€3,795▼ 17.1%
Recurring financial income75€739€3,519€4,465€4,577€3,795▼ 17.1%
Financial charges65/66B€1,517€5,237€2,636€3,619€1,585▼ 56.2%
Recurring financial charges65€1,517€5,237€2,636€2,337€1,585▼ 32.2%
Non-recurring financial charges66B---€1,282--
Profit (loss) for the period before taxes9903€49,533€67,830€20,573€51,740€43,027▼ 16.8%
Income taxes67/77€16,916€24,089€7,834€19,915€15,353▼ 22.9%
Profit (loss) for the period9904€32,618€43,742€12,740€31,825€27,674▼ 13.0%
Profit (loss) for the period to be appropriated9905€32,618€43,742€12,740€31,825€27,674▼ 13.0%
Line20212022202320242025Change
Assets
Total assets20/58€96,209€162,747€158,159€210,037€232,063▲ 10.5%
Fixed assets21/28€2,651€1,791€929€348€0▼ 100%
Intangible fixed assets21€0€0€0€0€0-
Tangible fixed assets22/27€2,651€1,791€929€348€0▼ 100%
Plant, machinery and equipment23€2,089€1,509€929€348€0▼ 100%
Furniture and vehicles24€562€282€0€0€0-
Current assets29/58€93,558€160,956€157,230€209,689€232,063▲ 10.7%
Stocks and contracts in progress3€64,322€96,265€110,319€149,473€171,922▲ 15.0%
Stocks30/36€64,322€96,265€110,319€149,473€171,922▲ 15.0%
Amounts receivable within one year40/41€4,326€491€10,408€1,765€299▼ 83.1%
Trade receivables40€4,149€0€4,662€1,234€299▼ 75.8%
Other amounts receivable41€177€491€5,745€532€0▼ 100%
Cash at bank and in hand54/58€24,060€62,026€34,046€57,226€59,189▲ 3.4%
Deferred charges and accrued income490/1€850€2,174€2,457€1,225€653▼ 46.7%
Equity and liabilities
Total equity and liabilities10/49€96,209€162,747€158,159€210,037€232,063▲ 10.5%
Equity10/15€37,618€81,359€94,099€125,924€153,597▲ 22.0%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Reserves13€30,000€70,000€82,500€114,000€141,500▲ 24.1%
Distributable reserves133€30,000€70,000€82,500€114,000€141,500▲ 24.1%
Profit (loss) carried forward14€2,618€6,359€6,599€6,924€7,097▲ 2.5%
Amounts payable17/49€58,591€81,387€64,060€84,114€78,466▼ 6.7%
Amounts payable within one year42/48€58,591€81,387€64,060€84,114€77,469▼ 7.9%
Trade debts44€6,616€11,949€9,104€12,521€2,272▼ 81.9%
Suppliers440/4€6,616€11,949€9,104€12,521€2,272▼ 81.9%
Taxes, remuneration and social security45€22,106€34,326€18,211€33,310€36,929▲ 10.9%
Taxes450/3€19,106€31,326€8,620€23,192€27,953▲ 20.5%
Remuneration and social security454/9€3,000€3,000€9,591€10,118€8,977▼ 11.3%
Other amounts payable47/48€29,869€35,112€36,745€38,282€38,267=
Accrued charges and deferred income492/3----€997-
Line20212022202320242025Change
Profit (loss) for the period9904€32,618€43,742€12,740€31,825€27,674▼ 13.0%
+ Depreciation and write-downs630€864€860€862€581€348▼ 40.2%
Operating cash flow (approximation)€33,482€44,601€13,601€32,406€28,021▼ 13.5%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€37,966-€27,980€23,180€1,963▼ 91.5%

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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