Willems Sander
ActiveThe computed 12-month bankruptcy probability of Willems Sander is 3.1% (moderate). The 2025 annual accounts show equity of €48k and a net result of €3k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 4564 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-21
Solvency54=
Growth52=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 2.59 in 2024; short-term debt: 17.5% and cash: 10.4% of total assets), but 71.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.9%
Return on assets
2.1%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
28 d late
2023
57 d early
← 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▲ 7.8%
2024 · €45k
2023: €37k
2024: €45k
2023 → 2025
Total assets
€166k▲ 7.1%
2024 · €155k
2023: €51k
2024: €155k
2023 → 2025
Net result
€3k▼ 51.7%
2024 · €7k
2023: €35k
2024: €7k
2023 → 2025
Working capital
€20k▼ 23.8%
2024 · €26k
2023: €30k
2024: €26k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€37k-€45k▲ 19.2%€48k▲ 7.8%
Operating result€44k-€11k▼ 73.7%€8k▼ 27.3%
Net result€35k-€7k▼ 79.5%€3k▼ 51.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 27% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€117k▲ 4.0%
Current assets
€49k▲ 15.4%
Equity and liabilities €166k
Equity
€48k▲ 7.8%
Debt
€118k▲ 6.9%
The debt ratio falls from 71.2% to 71.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €29k
Cash flow
€11k▼
2024 · €25k
Solvency
28.9%▲
2024 · 28.8%
Current ratio
1.68▼
2024 · 2.59
Quick ratio
1.68▼
2024 · 2.59
Debt / equity
2.46▼
2024 · 2.48
ROE
7.2%▼
2024 · 16.1%
ROA
2.1%▼
2024 · 4.6%
Interest coverage
3.93▼
2024 · 11.78
Debt
€118k▲
2024 · €111k
Debt ≤ 1 year
€29k▲
2024 · €16k
Debt > 1 year
€89k▼
2024 · €94k
Income taxes
€718▼
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€155k€166k▲
Fixed assets21/28€113k€117k▲
Tangible fixed assets22/27€113k€117k▲
Land and buildings22€103k€110k▲
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€403€111▼
Current assets29/58€43k€49k▲
Amounts receivable within one year40/41€18k€32k▲
Trade receivables40€18k€29k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€25k€17k▼
Equity and liabilities
Total equity and liabilities10/49€155k€166k▲
Equity10/15€45k€48k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€42k€46k▲
Amounts payable17/49€111k€118k▲
Amounts payable after more than one year17€94k€89k▼
Financial debts170/4€94k€89k▼
Amounts payable within one year42/48€16k€29k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€4k€24k▲
Suppliers440/4€4k€24k▲
Taxes, remuneration and social security45€7k€85▼
Taxes450/3€5k€85▼
Remuneration and social security454/9€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€8k▼
Other operating charges640/8€708€259▼
Gross operating margin9900€30k€17k▼
Operating profit (loss)9901€11k€8k▼
Financial income75/76B€3€1▼
Recurring financial income75€3€1▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€9k€4k▼
Income taxes67/77€2k€718▼
Profit (loss) for the period9904€7k€3k▼
Profit (loss) for the period to be appropriated9905€7k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€46k▲
Profit (loss) brought forward from the previous period14P€35k€42k▲
The notes to these accounts (6 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
2026
31-07
State Gazette act
Registered officeGeneral meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move2 facts ▸
- General meeting, 15/06/2026
- Registered-office move, Hanenstraat 18 te 3472 Kersbeek-Miskom
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €3k ▼51.7%
Net result drops to €3k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Glabbeek · 1 establishment unit since 2023
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.
Tiensesteenweg 2463381 GlabbeekGround area
1,452 m²
Building footprint
332 m²
Volume, LiDAR
1,967 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Willems Sander
since 20232.341.190.218
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24050B0216/00P000 | Flanders | 896 m² | 1 · 225 m² | 10.1 m · 2 fl. |
| 24047A0054/00K003 | Flanders | 556 m² | 1 · 107 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortenaken2.341.190.218
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Of 12,607 companies in sector 49410 we hold annual accounts for 8,196. 5,972 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2023
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
01420Raising of other cattle and buffaloes
25999Manufacture of fabricated metal products, except machinery and equipment
95319Other maintenance and repair of motor vehicles
52250Logistics services
52290Warehousing and support activities for transportation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.