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WILLCORBIS

Active
Private limited companyfounded 200521 yrs activeLe Géronsart(NSV) 5, 1457 Walhain, BelgiumKBO/BCE: BE 0872.359.008
Summary

WILLCORBIS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €234,631 and a net result of -€3,151. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability67▲+1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 2.38 against 1.32 in 2023; short-term debt: 1.2% and cash: 2.3% of total assets), and 1.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
98.8%
Return on assets
-1.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
48 d early
2022
44 d early
2021
34 d early
2020
40 d early
2019
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 40 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 8 March 2005, WILLCORBIS was incorporated.1 Total assets went from EUR 285,329 in 2018 to EUR 237,510 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,151▲ 37.1%
2023 · -€5,012
Working capital
€3,975▲ 180%
2023 · €1,420
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€8,361-€174-€1,000▼ 475%-€4,967▼ 397%-€3,106▲ 37.5%
Net result€8,268-€239-€1,045▼ 337%-€5,012▼ 380%-€3,151▲ 37.1%
Equity€244,079▲ 3.5%€243,840▼ 0.1%€242,795▼ 0.4%€237,783▼ 2.1%€234,631▼ 1.3%
Total assets€268,517▼ 0.6%€248,600▼ 7.4%€247,159▼ 0.6%€242,243▼ 2.0%€237,510▼ 2.0%
Debt€24,438▼ 29.0%€4,759▼ 80.5%€4,364▼ 8.3%€4,460▲ 2.2%€2,879▼ 35.5%
Working capital-€10,624▲ 61.6%-€2,078▲ 80.4%€3,864€1,420▼ 63.2%€3,975▲ 180%
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2020: €8,361€8,361Net result 2020: €8,268€8,268Operating result 2021: -€174-€174Net result 2021: -€239-€239Operating result 2022: -€1,000-€1,000Net result 2022: -€1,045-€1,045Operating result 2023: -€4,967-€4,967Net result 2023: -€5,012-€5,012Operating result 2024: -€3,106-€3,106Net result 2024: -€3,151-€3,15120202021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€1,000-€1,000Net result 2022: -€1,045-€1,050Operating result 2023: -€4,967-€4,970Net result 2023: -€5,012-€5,010Operating result 2024: -€3,106-€3,110Net result 2024: -€3,151-€3,150202220232024
The operating result stays negative: a loss of €3,106 in 2024 against €4,967 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237,510
Fixed assets €230,656 ▼ 2.4%
Current assets €6,854 ▲ 16.6%
Equity and liabilities €237,510
Equity €234,631 ▼ 1.3%
Debt €2,879 ▼ 35.5%
Debt's share of the balance-sheet total falls from 1.8% to 1.2%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€7,595▲
2023 · €4,951
Cash flow
€7,550▲
2023 · €4,906
Current ratio
2.38▲
2023 · 1.32
Debt to equity
0.01▼
2023 · 0.02
ROE
-1.3%▲
2023 · -2.1%
ROA
-1.3%▲
2023 · -2.1%
Interest coverage
168.78▲
2023 · 110.03
Debt ≤ 1 year
€2,879▼
2023 · €4,460
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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 · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€242,243€237,510▼
Fixed assets21/28€236,362€230,656▼
Tangible fixed assets22/27€236,362€230,656▼
Land and buildings22€236,362€226,444▼
Plant, machinery and equipment23-€540
Furniture and vehicles24-€3,672
Current assets29/58€5,880€6,854▲
Cash at bank and in hand54/58€4,585€5,359▲
Deferred charges and accrued income490/1€1,295€1,495▲
Equity and liabilities
Total equity and liabilities10/49€242,243€237,510▼
Equity10/15€237,783€234,631▼
Contributions10/11€136,040€136,040=
Reserves13€12,220€12,220=
Non-distributable reserves130/1€12,220€12,220=
Reserves not available under the articles1311€12,220€12,220=
Profit (loss) carried forward14€89,523€86,371▼
Amounts payable17/49€4,460€2,879▼
Amounts payable within one year42/48€4,460€2,879▼
Trade debts44-€232
Suppliers440/4-€232
Taxes, remuneration and social security45€2,316€277▼
Taxes450/3€566€277▼
Remuneration and social security454/9€1,750-
Other amounts payable47/48€2,144€2,370▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,919€10,701▲
Other operating charges640/8€5,741€5,961▲
Gross operating margin9900€10,692€13,556▲
Operating profit (loss)9901-€4,967-€3,106▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€5,012-€3,151▲
Profit (loss) for the period9904-€5,012-€3,151▲
Profit (loss) for the period to be appropriated9905-€5,012-€3,151▲
Appropriation of the result
Profit (loss) to be appropriated9906€89,523€86,371▼
Profit (loss) brought forward from the previous period14P€94,535€89,523▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,784€8,784€8,984€9,919€10,701▲ 7.9%
Other operating charges640/8-€5,119€5,235€5,741€5,961▲ 3.8%
Gross operating margin9900€22,228€13,729€13,219€10,692€13,556▲ 26.8%
Operating profit (loss)9901€8,361-€174-€1,000-€4,967-€3,106▲ 37.5%
Financial charges65/66B-€65€45€45€45=
Recurring financial charges65€92€65€45€45€45=
Profit (loss) for the period before taxes9903€8,268-€239-€1,045-€5,012-€3,151▲ 37.1%
Profit (loss) for the period9904€8,268-€239-€1,045-€5,012-€3,151▲ 37.1%
Profit (loss) for the period to be appropriated9905€8,268-€239-€1,045-€5,012-€3,151▲ 37.1%
Line20202021202220232024Change
Assets
Total assets20/58€268,517€248,600€247,159€242,243€237,510▼ 2.0%
Fixed assets21/28€254,703€245,919€238,931€236,362€230,656▼ 2.4%
Tangible fixed assets22/27€254,703€245,919€238,931€236,362€230,656▼ 2.4%
Land and buildings22-€245,919€238,931€236,362€226,444▼ 4.2%
Plant, machinery and equipment23----€540-
Furniture and vehicles24----€3,672-
Current assets29/58€13,814€2,681€8,228€5,880€6,854▲ 16.6%
Cash at bank and in hand54/58€12,790€1,606€7,031€4,585€5,359▲ 16.9%
Deferred charges and accrued income490/1-€1,075€1,197€1,295€1,495▲ 15.4%
Equity and liabilities
Total equity and liabilities10/49€268,517€248,600€247,159€242,243€237,510▼ 2.0%
Equity10/15€244,079€243,840€242,795€237,783€234,631▼ 1.3%
Contributions10/11€182,803€136,040€136,040€136,040€136,040=
Reserves13€10,360€12,220€12,220€12,220€12,220=
Non-distributable reserves130/1-€12,220€12,220€12,220€12,220=
Reserves not available under the articles1311-€12,220€12,220€12,220€12,220=
Profit (loss) carried forward14€25,916€95,580€94,535€89,523€86,371▼ 3.5%
Amounts payable17/49€24,438€4,759€4,364€4,460€2,879▼ 35.5%
Amounts payable within one year42/48€24,438€4,759€4,364€4,460€2,879▼ 35.5%
Trade debts44--€17-€232-
Suppliers440/4--€17-€232-
Taxes, remuneration and social security45-€2,027€2,027€2,316€277▼ 88.0%
Taxes450/3-€277€277€566€277▼ 51.1%
Remuneration and social security454/9-€1,750€1,750€1,750--
Other amounts payable47/48-€2,732€2,320€2,144€2,370▲ 10.5%
Line20202021202220232024Change
Profit (loss) for the period9904€8,268-€239-€1,045-€5,012-€3,151▲ 37.1%
+ Depreciation and write-downs630€8,784€8,784€8,984€9,919€10,701▲ 7.9%
Operating cash flow (approximation)€17,053€8,545€7,939€4,906€7,550▲ 53.9%
Investment in fixed assets (approximation)-€0-€1,997-€7,350-€4,995▲ 32.0%
Change in cash--€11,184€5,425-€2,446€774▲ 132%

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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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
13-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
17-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Liquidity triplescurrent ratio 1.89
Current ratio from 0.56 to 1.89; short-term debt falls from €4,759 to €4,364.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
21-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €8,268
Net result €8,268 after 2 loss-making years.
19-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
12-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
18-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Walhain · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
571 m²
Building footprint
159 m²
Volume, LiDAR
909 m³
Parcel 25071A0260/00M000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WILLCORBIS
Le Géronsart(NSV) 5, 1457 WalhainNACE 70204
since 20052.147.268.412
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25071A0260/00M000 Wallonia 571 m² 1 · 159 m² 7.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded08-03-2005
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0872359008
Also 9925:BE0872359008
Registered 21-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.