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WILLE-CAUS

Active
Private limited companyfounded 200026 yrs activeOostveld Kouter 61, 9920 Lievegem, BelgiumKBO/BCE: BE 0469.434.270

WILLE-CAUS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-69k) and a net result of €-18k. Equity is shrinking by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 9430 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
41 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.94 in 2024; short-term debt: 199.6% and cash: 59.5% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-341.8%
Return on assets
-90.4%
Age of the figures
9 mo
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
elevated failure risk from 2 to 8 years 26 years 0 30 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-69k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
16 d early
2023
5 d late
2022
21 d early
2021
3 d late
2020
24 d late
2019
20 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€-69k▼ 36.0%
2024 · €-51k
2018: €50k 2019: €36k 2020: €19k 2021: €-3k 2022: €-30k 2023: €-43k 2024: €-51k
2018 → 2025
Total assets
€20k▼ 31.9%
2024 · €30k
2018: €116k 2019: €96k 2020: €90k 2021: €61k 2022: €34k 2023: €31k 2024: €30k
2018 → 2025
Net result
€-18k▼ 123%
2024 · €-8k
2018: €8k 2019: €-14k 2020: €-17k 2021: €-20k 2022: €-27k 2023: €-13k 2024: €-8k
2018 → 2025
Working capital
€-20k▼ 982%
2024 · €-2k
2018: €75k 2019: €69k 2020: €60k 2021: €38k 2022: €17k 2023: €6k 2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-3k-€-30k▼ 860%€-43k▼ 42.4%€-51k▼ 19.2%€-69k▼ 36.0%
Operating result€-20k-€-26k▼ 30.5%€-12k▲ 53.0%€-8k▲ 35.0%€-18k▼ 124%
Net result€-20k-€-27k▼ 31.6%€-13k▲ 52.6%€-8k▲ 35.5%€-18k▼ 123%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2021: €-20k€-20kNet result 2021: €-20k€-20kOperating result 2022: €-26k€-26kNet result 2022: €-27k€-27kOperating result 2023: €-12k€-12kNet result 2023: €-13k€-13kOperating result 2024: €-8k€-8kNet result 2024: €-8k€-8kOperating result 2025: €-18k€-18kNet result 2025: €-18k€-18k20212022202320242025
The operating result stays negative: a loss of €18k in 2025 against €8k in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-18k
2024 · €-8k
Cash flow
€-18k
2024 · €-8k
Solvency
-341.8%
2024 · -171.1%
Current ratio
0.50
2024 · 0.94
Quick ratio
0.50
2024 · 0.94
Debt / equity
-0.58
2024 · -0.62
ROA
-90.4%
2024 · -27.6%
Interest coverage
-58.20
2024 · -98.80
Debt
€40k
2024 · €32k
Debt ≤ 1 year
€40k
2024 · €32k
Income taxes
€141
2024 · €140
Staff costs
€36k
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€30k€20k
Current assets29/58€30k€20k
Amounts receivable within one year40/41€6k€2k
Trade receivables40€6k€2k
Current investments50/53€8k€5k
Cash at bank and in hand54/58€15k€12k
Deferred charges and accrued income490/1€724€1k
Equity and liabilities
Total equity and liabilities10/49€30k€20k
Equity10/15€-51k€-69k
Contributions10/11€20k€20k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-81k€-99k
Provisions and deferred taxes16€49k€49k=
Provisions for liabilities and charges160/5€49k€49k=
Pensions and similar obligations160€49k€49k=
Amounts payable17/49€32k€40k
Amounts payable within one year42/48€32k€40k
Trade debts44€4k€3k
Suppliers440/4€4k€3k
Taxes, remuneration and social security45€9k€7k
Taxes450/3€6k€4k
Remuneration and social security454/9€3k€3k
Other amounts payable47/48€19k€30k
Income statement Code20242025
Remuneration, social security and pensions62€35k€36k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€269€0
Other operating charges640/8€947€877
Gross operating margin9900€29k€19k
Operating profit (loss)9901€-8k€-18k
Financial charges65/66B€78€307
Recurring financial charges65€78€307
Profit (loss) for the period before taxes9903€-8k€-18k
Income taxes67/77€140€141
Profit (loss) for the period9904€-8k€-18k
Profit (loss) for the period to be appropriated9905€-8k€-18k
Appropriation of the result
Profit (loss) to be appropriated9906€-81k€-99k
Profit (loss) brought forward from the previous period14P€-73k€-81k
Social balance
Average headcount (FTE)90870.8-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
03-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
20-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Lievegem · 1 establishment unit since 2000
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oostveld Kouter 619920 Lievegem
Ground area
2,993 m²
Building footprint
131 m²
Volume, LiDAR
649 m³
Parcel 44452B0409/00N000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oostveld Kouter 61, 9920 Lievegem
Manufacture of basic metals
since 20002.097.259.962
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44452B0409/00N000 Flanders 2,993 m² 1 · 131 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,759 companies in sector 71122 we hold annual accounts for 770. 513 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-01-2000
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.