Losses
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
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Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Of this, €48,299 falls due within a year.
Eight of the last ten came late. The 2017 accounts came latest: 283 days after the end of the period.
In July 2024, 1,221 companies had the same profile as WILLEMSPROJECT has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,221 companies, not a prediction for WILLEMSPROJECT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| WILLEMSPROJECT Saint-Georges-sur-Meuse | €62,602 | -€9,978 | 16.2% | - |
| CityZen BGL Chaudfontaine | €51,708 | -€1,477 | -122.2% | - |
| PATRIMOINE PROMOTION CONSTRUCTION Soumagne | €71,729 | -€195,320 | -338.3% | - |
| A.I. CONSTRUCT Spa | €83,977 | -€44,372 | 58.6% | - |
| D&S BOUW Zutendaal | €65,200 | -€13,967 | -36.8% | - |
| MOPurbandesign - architecture and engineering Ostend | €66,571 | €376 | 92.2% | - |
| BESIMO Namur | €67,027 | -€2,272 | 56.5% | - |
These companies have the same main activity as WILLEMSPROJECT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €51,700 and €84,000, founded between 2005 and 2008.
WILLEMSPROJECT files the micro format. That format states no turnover. The gross margin fell from €6,355 in 2006 to -€9,978 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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