Willems Projecten
ActiveThe computed 12-month bankruptcy probability of Willems Projecten is 3.7% (moderate). The annual accounts of Willems Projecten for fiscal year 2025 show a net loss of 133% of total assets and of 80% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-13k. Equity is shrinking by ~39.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 35% of 27450 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency58▼-27
Growth32=
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.32 against 2.21 in 2024; short-term debt: 66.6% and cash: 6.9% of total assets), and 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 2025Solvency, return and age of the figures
Solvency
33.4%
Return on assets
-132.7%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-13k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
8 d early
2023
18 d early
2022
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 79.9%
2024 · €16k
2022: €24k
2023: €24k
2024: €16k
2022 → 2025
Total assets
€9k▼ 63.7%
2024 · €26k
2022: €31k
2023: €29k
2024: €26k
2022 → 2025
Net result
€-13k▼ 43.2%
2024 · €-9k
2022: €14k
2023: €467
2024: €-9k
2022 → 2025
Working capital
€2k▼ 83.8%
2024 · €12k
2022: €23k
2023: €24k
2024: €12k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€24k-€24k▲ 1.9%€16k▼ 35.8%€3k▼ 79.9%
Operating result€14k-€4k▼ 70.5%€-6k€-11k▼ 82.9%
Net result€14k-€467▼ 96.7%€-9k€-13k▼ 43.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €6k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets
€1k▼ 64.6%
Current assets
€8k▼ 63.6%
Equity and liabilities €9k
Equity
€3k▼ 79.9%
Debt
€6k▼ 39.1%
The debt ratio rises from 39.7% to 66.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2024 · €-5k
Cash flow
€-10k▼
2024 · €-8k
Solvency
33.4%▼
2024 · 60.3%
Current ratio
1.32▼
2024 · 2.21
Quick ratio
0.75▼
2024 · 1.56
Debt / equity
2.00▲
2024 · 0.66
ROE
-397.7%▼
2024 · -55.8%
ROA
-132.7%▼
2024 · -33.6%
Interest coverage
-8.71▲
2024 · -34.36
Debt
€6k▼
2024 · €10k
Debt ≤ 1 year
€6k▼
2024 · €10k
Income taxes
€489▼
2024 · €3k
Staff costs
€2k▼
2024 · €2k
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€26k€9k▼
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€448€73▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€23k€8k▼
Stocks and contracts in progress3€7k€4k▼
Stocks30/36€1k€1k▼
Contracts in progress37€5k€2k▼
Amounts receivable within one year40/41€12k€4k▼
Trade receivables40€7k-
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€4k€653▼
Equity and liabilities
Total equity and liabilities10/49€26k€9k▼
Equity10/15€16k€3k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€6k€-7k▼
Amounts payable17/49€10k€6k▼
Amounts payable within one year42/48€10k€6k▼
Trade debts44€10k€2k▼
Suppliers440/4€10k€2k▼
Taxes, remuneration and social security45€746€4k▲
Taxes450/3-€508
Remuneration and social security454/9€746€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€1k€903▼
Gross operating margin9900€-2k€-6k▼
Operating profit (loss)9901€-6k€-11k▼
Financial charges65/66B€146€1k▲
Recurring financial charges65€146€1k▲
Profit (loss) for the period before taxes9903€-6k€-12k▼
Income taxes67/77€3k€489▼
Profit (loss) for the period9904€-9k€-13k▼
Profit (loss) for the period to be appropriated9905€-9k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-7k▼
Profit (loss) brought forward from the previous period14P€14k€6k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalter · 1 establishment unit since 2020
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.
Lomolenstraat 279880 AalterGround area
983 m²
Building footprint
94 m²
Volume, LiDAR
536 m³
Parcel 44035C0161/00C000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Houtvloerder
since 20202.310.629.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44035C0161/00C000 | Flanders | 983 m² | 1 · 94 m² | 8.0 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
SN RENOVATION
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B_A
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INTERMATECH
BE 0464.393.141
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A3-construct
BE 0883.960.604
Overijse · Eq €3k
KüRT ORNELIS
BE 0747.936.415
Wielsbeke · Eq €3k
Of 746 companies in sector 43332 we hold annual accounts for 411. 87 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2020
Fiscal year end31-03
Activities, NACEBEL
43332Laying of wooden floor and wall coverings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.