WILLEMS MARCEL
ActiveWILLEMS MARCEL has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.27M and a net result of €133k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 2438 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-22
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 14.47 against 23.49 in 2023), and 6.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 25
Relative position
BE, all sectors
reference
Sector 25
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.1%
Return on assets
9.8%
Age of the figures
20 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
34 d early
2022
31 d early
2021
4 d early
2020
31 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.27M▲ 11.8%
2023 · €1.14M
2018: €534k
2019: €613k
2020: €804k
2021: €967k
2022: €965k
2023: €1.14M
2018 → 2024
Total assets
€1.36M▲ 14.9%
2023 · €1.19M
2018: €752k
2019: €721k
2020: €934k
2021: €1.10M
2022: €1.18M
2023: €1.19M
2018 → 2024
Net result
€133k▼ 21.8%
2023 · €171k
2018: €206k
2019: €140k
2020: €191k
2021: €163k
2022: €123k
2023: €171k
2018 → 2024
Working capital
€1.27M▲ 11.8%
2023 · €1.13M
2018: €531k
2019: €607k
2020: €800k
2021: €964k
2022: €963k
2023: €1.13M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€804k-€967k▲ 20.2%€965k▼ 0.2%€1.14M▲ 17.7%€1.27M▲ 11.8%
Operating result€276k-€233k▼ 15.6%€177k▼ 23.8%€248k▲ 39.8%€213k▼ 14.0%
Net result€191k-€163k▼ 15.0%€123k▼ 24.1%€171k▲ 38.3%€133k▼ 21.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.36M
Fixed assets
€889▼ 20.0%
Current assets
€1.36M▲ 15.0%
Equity and liabilities €1.36M
Equity
€1.27M▲ 11.8%
Debt
€94k▲ 86.6%
The debt ratio rises from 4.3% to 6.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€213k▼
2023 · €249k
Cash flow
€134k▼
2023 · €171k
Solvency
93.1%▼
2023 · 95.7%
Current ratio
14.47▼
2023 · 23.49
Quick ratio
14.47▼
2023 · 23.49
Debt / equity
0.07▲
2023 · 0.04
ROE
10.5%▼
2023 · 15.0%
ROA
9.8%▼
2023 · 14.4%
Interest coverage
1155.58▼
2023 · 1193.29
Debt
€94k▲
2023 · €50k
Debt ≤ 1 year
€94k▲
2023 · €50k
Income taxes
€87k▲
2023 · €80k
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€1.19M€1.36M▲
Fixed assets21/28€1k€889▼
Tangible fixed assets22/27€1k€889▼
Furniture and vehicles24€1k€889▼
Current assets29/58€1.18M€1.36M▲
Amounts receivable within one year40/41€77k€79k▲
Trade receivables40€75k€74k▼
Other amounts receivable41€2k€4k▲
Current investments50/53€100k€50k▼
Cash at bank and in hand54/58€1.01M€1.23M▲
Deferred charges and accrued income490/1€596€547▼
Equity and liabilities
Total equity and liabilities10/49€1.19M€1.36M▲
Equity10/15€1.14M€1.27M▲
Contributions10/11€19k€19k=
Reserves13€1.12M€1.25M▲
Tax-exempt reserves132€529€529=
Distributable reserves133€1.12M€1.25M▲
Amounts payable17/49€50k€94k▲
Amounts payable within one year42/48€50k€94k▲
Trade debts44€13k€15k▲
Suppliers440/4€13k€15k▲
Taxes, remuneration and social security45€24k€72k▲
Taxes450/3€24k€72k▲
Other amounts payable47/48€14k€7k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€605€222▼
Other operating charges640/8€1k€968▼
Gross operating margin9900€250k€214k▼
Operating profit (loss)9901€248k€213k▼
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€7k▲
Financial charges65/66B€208€185▼
Recurring financial charges65€208€185▼
Profit (loss) for the period before taxes9903€251k€221k▼
Income taxes67/77€80k€87k▲
Profit (loss) for the period9904€171k€133k▼
Profit (loss) for the period to be appropriated9905€171k€133k▼
Appropriation of the result
Profit (loss) to be appropriated9906€171k€133k▼
Transfer to equity691/2€171k€133k▼
To other reserves6921€171k€133k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 23.49
Current ratio from 5.46 to 23.49; short-term debt falls from €216k to €50k.
31-12
Financial
Equity above €1MEq €1.14M ▲17.7%
6 profitable years in a row build equity to €1.14M.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €123k ▼24.1%
Net result drops to €123k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 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, Aarschot · 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.
Schoonhovendreef 413200 AarschotGround area
1,602 m²
Building footprint
187 m²
Volume, LiDAR
1,013 m³
Parcel 24001C0138/00Y002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Willems Marcel
since 20072.160.333.520
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24001C0138/00Y002 | Flanders | 1,601 m² | 1 · 187 m² | 8.6 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.
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Of 904 companies in sector 25120 we hold annual accounts for 673. 464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2007
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
28120
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:016/563034