Willems
ActiveWillems has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €318k and a net result of €77k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-7
Solvency59▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 3.08 in 2023; short-term debt: 12.3% and cash: 19.7% of total assets), but 66.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
37 d early
2022
33 d early
2021
41 d early
2020
40 d early
2019
80 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€318k▲ 31.7%
2023 · €241k
2018: €60k
2019: €99k
2020: €129k
2021: €182k
2022: €164k
2023: €241k
2018 → 2024
Total assets
€944k▲ 72.5%
2023 · €547k
2018: €548k
2019: €454k
2020: €445k
2021: €493k
2022: €479k
2023: €547k
2018 → 2024
Net result
€77k▼ 0.5%
2023 · €77k
2018: €13k
2019: €39k
2020: €30k
2021: €53k
2022: €4k
2023: €77k
2018 → 2024
Working capital
€118k▼ 8.5%
2023 · €129k
2018: €75k
2019: €16k
2020: €43k
2021: €88k
2022: €40k
2023: €129k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€129k-€182k▲ 41.3%€164k▼ 9.7%€241k▲ 46.8%€318k▲ 31.7%
Operating result€52k-€87k▲ 67.9%€17k▼ 80.4%€122k▲ 609%€131k▲ 8.1%
Net result€30k-€53k▲ 77.0%€4k▼ 92.4%€77k▲ 1,813%€77k▼ 0.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 8% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €944k
Fixed assets
€710k▲ 99.2%
Current assets
€234k▲ 22.6%
Equity and liabilities €944k
Equity
€318k▲ 31.7%
Debt
€626k▲ 105%
The debt ratio rises from 55.9% to 66.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€189k▲
2023 · €152k
Cash flow
€134k▲
2023 · €108k
Solvency
33.7%▼
2023 · 44.1%
Current ratio
2.01▼
2023 · 3.08
Quick ratio
2.01▼
2023 · 3.08
Debt / equity
1.97▲
2023 · 1.27
ROE
24.1%▼
2023 · 31.9%
ROA
8.1%▼
2023 · 14.1%
Interest coverage
7.60▼
2023 · 10.84
Debt
€626k▲
2023 · €306k
Debt ≤ 1 year
€116k▲
2023 · €62k
Debt > 1 year
€510k▲
2023 · €244k
Income taxes
€30k▼
2023 · €31k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€547k€944k▲
Fixed assets21/28€356k€710k▲
Tangible fixed assets22/27€356k€710k▲
Land and buildings22€293k€524k▲
Plant, machinery and equipment23€35k€47k▲
Furniture and vehicles24€29k€25k▼
Leasing and similar rights25-€114k
Current assets29/58€191k€234k▲
Amounts receivable within one year40/41€44k€37k▼
Trade receivables40€21k€25k▲
Other amounts receivable41€23k€12k▼
Cash at bank and in hand54/58€140k€186k▲
Deferred charges and accrued income490/1€6k€11k▲
Equity and liabilities
Total equity and liabilities10/49€547k€944k▲
Equity10/15€241k€318k▲
Contributions10/11€12k€12k=
Reserves13€229k€306k▲
Distributable reserves133€229k€306k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€306k€626k▲
Amounts payable after more than one year17€244k€510k▲
Financial debts170/4€166k€429k▲
Other amounts payable178/9€78k€81k▲
Amounts payable within one year42/48€62k€116k▲
Current portion of amounts payable after more than one year42€18k€58k▲
Trade debts44€29k€38k▲
Suppliers440/4€29k€38k▲
Taxes, remuneration and social security45€13k€16k▲
Taxes450/3€9k€12k▲
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€1k€4k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€25k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€57k▲
Other operating charges640/8€7k€38k▲
Non-recurring operating charges66A€2k€965▼
Gross operating margin9900€161k€228k▲
Operating profit (loss)9901€122k€131k▲
Financial income75/76B€288€10▼
Recurring financial income75€288€10▼
Financial charges65/66B€14k€25k▲
Recurring financial charges65€14k€25k▲
Profit (loss) for the period before taxes9903€108k€107k▼
Income taxes67/77€31k€30k▼
Profit (loss) for the period9904€77k€77k▼
Profit (loss) for the period to be appropriated9905€77k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€77k▼
Transfer from equity791/2€0-
Transfer to equity691/2€77k€77k▼
To other reserves6921€77k€77k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €77k ▲1813%
Net result €77k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 3.08
Current ratio from 1.42 to 3.08; short-term debt falls from €95k to €62k.
31-12
Financial
Equity above €200kEq €241k ▲46.8%
6 profitable years in a row build equity to €241k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €4k ▼92.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €182k ▲41.3%
4 profitable years in a row build equity to €182k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €129k ▲30.4%
3 profitable years in a row build equity to €129k.
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tessenderlo-Ham · 1 establishment unit since 2007
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.
Wetsberg 233980 Tessenderlo-HamGround area
1,071 m²
Building footprint
198 m²
Parcel 71364E1158/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Willems
since 20072.164.416.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71364E1158/00C000 | Flanders | 1,071 m² | 1 · 198 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 419 EUR awarded · 419 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 419 EUR | 419 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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MD LIFT
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 5,300 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2007
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
43110Demolition
43320Joinery installation
43350Other building finishing work
45421
47640Retail sale of games and toys
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.