Willemsfonds
ActiveSummary
The latest annual accounts of Willemsfonds were filed more than 90 days after the deadline. The 2020 annual accounts show equity of €507,317 and a net result of €110,022. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 459 sector peers (fiscal year 2020). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability80▲+50
Solvency100▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Activities of membership organisations (NACE 94)
about 92% fewer bankruptcies
← 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
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 2020Solvency, return and age of the figures
Solvency
78.7%
Return on assets
17.1%
Age of the figures
69 mo
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline01-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 16-03-2022, 228 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
228 d late
2019
117 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 173 days after the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2020, abbreviated schema
Equity
€507,317▲ 29.2%
2019 · €392,599
Total assets
€645,013▲ 19.4%
2019 · €540,324
Net result
€110,022
2019 · -€17,277
Working capital
€523,653▲ 31.1%
2019 · €399,543
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 94, Activities of membership organisations, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€3,089--€28,083€108,394
Net result€17,618--€17,277€110,022within the sector's middle half
Equity€388,758-€392,599▲ 1.0%€507,317within the sector's middle half▲ 29.2%
Total assets€535,500-€540,324▲ 0.9%€645,013below the sector's middle half▲ 19.4%
Debt€146,742-€147,725▲ 0.7%€137,696▼ 6.8%
Working capital€390,816-€399,543▲ 2.2%€523,653within the sector's middle half▲ 31.1%
Solvency72.6%-72.7%▲ 0.1pp78.7%within the sector's middle half▲ 6.0pp
Current ratio4.52-4.55▲ 0.035.88within the sector's middle half▲ 1.32
Return on assets (ROA)3.3%--3.2%▼ 6.5pp17.1%above the sector's middle half▲ 20.3pp
Staff (FTE)6.3-6.3=5.5within the sector's middle half▼ 12.7%
above
within
below
the middle half (P25 to P75) of NACE 94, Activities of membership organisations, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €108,394 after a loss of €28,083 in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €645,013
Fixed assets
€13,972 ▼ 50.6%
Current assets
€631,041 ▲ 23.2%
Equity and liabilities €645,013
Equity
€507,317 ▲ 29.2%
Debt
€137,696 ▼ 6.8%
Debt's share of the balance-sheet total falls from 27.3% to 21.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€123,515▲
2019 · -€8,563
Cash flow
€125,143▲
2019 · €2,243
ROE
21.7%▲
2019 · -4.4%
Debt ≤ 1 year
€107,388▼
2019 · €112,488
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,595 | €19,520 | €15,121 | ▼ 22.5% |
| Gross operating margin9900 | €381,736 | €377,600 | €454,251 | ▲ 20.3% |
| Operating profit (loss)9901 | €3,089 | -€28,083 | €108,394 | ▲ 486% |
| Recurring financial income75 | €2,673 | €4,070 | €2,420 | ▼ 40.5% |
| Recurring financial charges65 | €1,385 | €3,037 | €792 | ▼ 73.9% |
| Profit (loss) for the period before taxes9903 | €4,377 | -€27,050 | €110,022 | ▲ 507% |
| Profit (loss) for the period9904 | €17,618 | -€17,277 | €110,022 | ▲ 737% |
| Profit (loss) for the period to be appropriated9905 | €17,618 | -€17,277 | €110,022 | ▲ 737% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €535,500 | €540,324 | €645,013 | ▲ 19.4% |
| Fixed assets21/28 | €33,620 | €28,293 | €13,972 | ▼ 50.6% |
| Intangible fixed assets21 | €29,916 | €18,244 | €6,113 | ▼ 66.5% |
| Tangible fixed assets22/27 | €3,704 | €10,049 | €7,859 | ▼ 21.8% |
| Current assets29/58 | €501,880 | €512,031 | €631,041 | ▲ 23.2% |
| Amounts receivable within one year40/41 | €66,425 | €51,400 | €75,019 | ▲ 46.0% |
| Current investments50/53 | €289,857 | €400,246 | €404,391 | ▲ 1.0% |
| Cash at bank and in hand54/58 | €145,598 | €59,023 | €147,169 | ▲ 149% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €535,500 | €540,324 | €645,013 | ▲ 19.4% |
| Equity10/15 | €388,758 | €392,599 | €507,317 | ▲ 29.2% |
| Profit (loss) carried forward14 | €25,750 | €8,473 | €12,139 | ▲ 43.3% |
| Amounts payable17/49 | €146,742 | €147,725 | €137,696 | ▼ 6.8% |
| Amounts payable within one year42/48 | €111,064 | €112,488 | €107,388 | ▼ 4.5% |
| Trade debts44 | €12,885 | €9,184 | €17,823 | ▲ 94.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,618 | -€17,277 | €110,022 | ▲ 737% |
| + Depreciation and write-downs630 | €27,595 | €19,520 | €15,121 | ▼ 22.5% |
| Operating cash flow (approximation) | €45,213 | €2,243 | €125,143 | ▲ 5,479% |
| Investment in fixed assets (approximation) | - | -€14,193 | -€800 | ▲ 94.4% |
| Change in cash | - | -€86,575 | €88,146 | ▲ 202% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
08-06
State Gazette act
Resignations: De Gols Michel, De Groen Anna Maria and 7 othersAppointments: Cauwenbergh Arno, De Mol Bavo and 6 others · Reappointments: Van Rompaey Hans (director) and Wambeke Aïssa (director)30 facts ▸
State Gazette act
Resignations: De Gols Michel, De Groen Anna Maria and 7 others
Appointments: Cauwenbergh Arno, De Mol Bavo and 6 others · Reappointments: Van Rompaey Hans (director) and Wambeke Aïssa (director)30 facts ▸
- General meeting, 14-03-2026
- Director resignation, De Gols Michel (director)
- Director resignation, De Groen Anna Maria (director)
- Director resignation, Govaert Luc (director)
- Director resignation, Hermans Margareta (director)
- Director resignation, Lagae Vincent (director)
- Director resignation, Peeters Sylvain (director)
- Director resignation, Vanduyver Eline (director)
- Director resignation, Vanryckeghem Marc (director)
- Director resignation, Voets Lutgarde (director)
- General meeting, 14-03-2026
- Director appointment, Cauwenbergh Arno (director)
- +18 further facts in this act
2022
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 228 days late
2020
31-12
Financial
Back to profitnet €110,022
Net result €110,022 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €507,317 ▲29.2%
Equity rises from €392,599 to €507,317.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 117 days late
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 483 days late
2019
31-12
Financial
Weakest financial yearnet -€17,277
Net result drops to -€17,277, the lowest in the series; recovery starts the following year.
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
10-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
14-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 17 acts read
About the unread acts
Of the 17 Belgian State Gazette acts we know for this company, 1 has been read. The other 16 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26073202). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Cauwenbergh Arno
CurrentDirector · since 14-03-2026
De Groen Anna Maria
CurrentDirector · since 14-03-2026
De Mol Bavo
CurrentDirector · since 14-03-2026
Debeck Christa
CurrentDirector · since 14-03-2026
Peeters Sylvain
CurrentDirector · since 14-03-2026
Pinto Wendell
CurrentDirector · since 14-03-2026
Ponet Luc
CurrentDirector · since 14-03-2026
Standaert Roxane
CurrentDirector · since 14-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
16 of this company's 17 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 5 establishment units since 2006
Ground area
2,621 m²
Building footprint
914 m²
Volume, LiDAR
9,315 m³
5 parcels, Brussels, Flanders · tallest building 22.9 m, ±5 floors. Linked by address, not a title deed.
5 establishment units
Willemsfonds
since 20062.160.346.485
Willemsfonds
since 20142.234.875.743
Willemsfonds
since 20142.234.875.941
Willemsfonds
since 20142.234.876.139
Willemsfonds
since 20162.257.413.890
5 parcels
Flanders
4
(80%)
Brussels
1
(20%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0457/00P000 | Flanders | 1,754 m² | 1 · 277 m² | 14.0 m · 2 fl. |
| 44802B0534/00C000 | Flanders | 395 m² | 1 · 373 m² | 17.5 m · 4 fl. |
| 21812N1432/00C000 | Brussels | 215 m² | 1 · 129 m² | 22.9 m · 5 fl. |
| 71011B0687/00M000 | Flanders | 179 m² | 1 · 69 m² | 14.4 m · 4 fl. |
| 23642D0093/00T000 | Flanders | 78 m² | 1 · 65 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
17 people since 2026, 10 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Cauwenbergh Arno |
|
| De Groen Anna Maria |
|
| De Mol Bavo |
|
| Debeck Christa |
|
| Peeters Sylvain |
|
| Pinto Wendell |
|
| Ponet Luc |
|
| Standaert Roxane |
|
| Van Rompaey Hans |
|
| Wambeke Aïssa |
|
| De Gols Michel |
|
| Govaert Luc |
|
| Hermans Margareta |
|
| Lagae Vincent |
|
| Lutgarde VOETS |
|
| Vanduyver Eline |
|
| Vanryckeghem Marc |
|
Structure & network
Connections & network
10 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Subsidies and aid
Flemish government
2022 to 2025 · 14 entries · 2,028,247 EUR awarded · 1,974,080 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 514,288 EUR | 513,332 EUR |
| 2024 | 3 | 507,752 EUR | 506,309 EUR |
| 2023 | 4 | 513,314 EUR | 551,334 EUR |
| 2022 | 4 | 492,893 EUR | 403,105 EUR |
Schemes
Recognitions · licences · registrations
Legal Entity Identifier
9676001ZJUJJ0LS7JC79
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Of 443 companies in this sector we hold annual accounts for 139. 98 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formNon-profit association
Founded01-02-1968
Fiscal year end31-12
Activities, NACEBEL 2025
94992Activities of membership organisations
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451305564
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.