WILLIMMO
ActiveSummary
WILLIMMO has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of €157,768. Equity is growing by about 49% per year across the filed financial years. Its solvency ranks better than 95% of 5,778 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €4.5m
- Profit
- €157,768
- Parent
- H.B. Fuller Benelux B.V. · 100%
- Holdings
- 1
- Selda Colak AkbasliDirector
- Ralph-Eric KussmannDaily manager
Why 95raises riskLiquidity: current ratio 117.65lowers riskEquity €4.5m (99.5% of total assets)Founded in 2001Figures for financial year 2025 (filed 09-06-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 92% on solvency, 99% on liquidity, 80% on profitability and 59% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 5 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Brecht Deketele
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 3% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2022 Net result -92% on 2021. This financial year ran 11 months, the previous one 12.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | - | €0.3m | €0.3m | ▼ 0.7% |
| Turnover70 | - | - | - | - | - | - | €0 | - | - |
| Other operating income74 | - | - | - | - | - | - | €0.3m | €0.3m | = |
| Non-recurring operating income76A | - | - | - | - | - | - | €0.002m | €0 | ▼ 100% |
| Operating charges60/66A | - | - | - | - | - | - | €0.1m | €0.1m | ▲ 3.4% |
| Services and other goods61 | - | - | - | - | - | - | €0.01m | €0.02m | ▲ 14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.09m | €0.09m | €0.09m | €0.09m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | ▲ 5.8% |
| Gross operating margin9900 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | - | - | - |
| Operating profit (loss)9901 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.9% |
| Financial income75/76B | - | - | - | €1.4m | €0 | - | €0.01m | €0.02m | ▲ 63.1% |
| Recurring financial income75 | €3.6m | €0.6m | €1 | €1.4m | €0 | - | €0.01m | €0.02m | ▲ 63.1% |
| Income from current assets751 | - | - | - | - | - | - | €0.01m | €0.02m | ▲ 63.1% |
| Financial charges65/66B | - | - | - | €0.04m | €0.02m | €369 | €0.001m | €0.001m | ▼ 4.6% |
| Recurring financial charges65 | €0.06m | €0.05m | €0.05m | €0.04m | €0.001m | €202 | €0.001m | €0.001m | ▼ 4.6% |
| Other financial charges652/9 | - | - | - | - | - | - | €0.001m | €0.001m | ▼ 4.6% |
| Non-recurring financial charges66B | - | - | - | - | €0.02m | €167 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €3.7m | €0.7m | €0.1m | €1.6m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 1.1% |
| Income taxes67/77 | €0.04m | €0.04m | €0.03m | €0.03m | €0.04m | €0.05m | €0.05m | €0.05m | ▲ 1.1% |
| Taxes670/3 | - | - | - | - | - | - | €0.05m | €0.05m | ▲ 1.1% |
| Profit (loss) for the period9904 | €3.7m | €0.7m | €0.1m | €1.6m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 1.1% |
| Profit (loss) for the period to be appropriated9905 | €3.7m | €0.7m | €0.1m | €1.6m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 1.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.4m | €3.1m | €3.1m | €3.0m | €3.0m | €3.6m | €4.4m | €4.6m | ▲ 3.8% |
| Fixed assets21/28 | €3.2m | €3.1m | €3.0m | €2.9m | €2.9m | €3.2m | €3.8m | €3.7m | ▼ 1.7% |
| Tangible fixed assets22/27 | €1.6m | €1.6m | €1.5m | €1.4m | €1.3m | €1.3m | €1.2m | €1.1m | ▼ 5.3% |
| Land and buildings22 | - | - | - | €1.4m | €1.3m | €1.3m | €1.2m | €1.1m | ▼ 5.3% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €58 | €0 | - | - | - |
| Financial fixed assets28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €2.0m | €2.6m | €2.6m | = |
| Affiliated companies280/1 | - | - | - | - | - | - | €2.6m | €2.6m | = |
| Participating interests280 | - | - | - | - | - | - | €2.6m | €2.6m | = |
| Current assets29/58 | €3.3m | €0.05m | €0.05m | €0.05m | €0.2m | €0.4m | €0.6m | €0.8m | ▲ 38.4% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €0.5m | €0.7m | ▲ 41.9% |
| Other amounts receivable291 | - | - | - | - | - | - | €0.5m | €0.7m | ▲ 41.9% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €3.2m | - | €82 | €48 | €0.04m | €0.03m | €0.1m | €0.2m | ▲ 27.2% |
| Trade receivables40 | - | - | - | - | - | - | - | €0.2m | - |
| Other amounts receivable41 | - | - | - | €48 | €0.04m | €0.03m | €0.1m | €332 | ▼ 99.7% |
| Cash at bank and in hand54/58 | €0.009m | €0.05m | €0.05m | €0.05m | €0.2m | €0.4m | €0 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.002m | €0.002m | €0.002m | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.4m | €3.1m | €3.1m | €3.0m | €3.0m | €3.6m | €4.4m | €4.6m | ▲ 3.8% |
| Equity10/15 | €0.6m | €0.4m | €0.2m | €0.9m | €1.0m | €3.6m | €4.4m | €4.5m | ▲ 3.6% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €2.6m | €3.2m | €3.2m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €2.6m | €3.2m | €3.2m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €2.6m | €3.2m | €3.2m | = |
| Reserves13 | €0.4m | €0.3m | €0.02m | €0.7m | €0.8m | €1.0m | €1.1m | €1.3m | ▲ 13.9% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.02m | €0.03m | €0.04m | ▲ 27.7% |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.02m | €0.03m | €0.04m | ▲ 27.7% |
| Distributable reserves133 | - | - | - | €0.7m | €0.8m | €1.0m | €1.1m | €1.3m | ▲ 13.5% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - | - | - | - |
| Amounts payable17/49 | €5.9m | €2.8m | €2.9m | €2.1m | €2.1m | €0.04m | €0.01m | €0.02m | ▲ 62.7% |
| Amounts payable after more than one year17 | €1.4m | €2.3m | €2.1m | €1.9m | €0 | - | - | - | - |
| Financial debts170/4 | - | - | - | €1.9m | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €4.5m | €0.5m | €0.8m | €0.2m | €2.1m | €0.03m | €0.008m | €0.007m | ▼ 7.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0 | - | - | - | - |
| Financial debts43 | - | - | - | €0.01m | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.01m | €0 | - | - | - | - |
| Trade debts44 | €0.03m | €0.01m | €0.001m | €399 | €0.003m | €0.01m | €0.004m | €0.001m | ▼ 65.4% |
| Suppliers440/4 | - | - | - | €399 | €0.003m | €0.01m | €0.004m | €0.001m | ▼ 65.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.01m | €0.01m | €0 | €0.006m | - |
| Taxes450/3 | - | - | - | €0.006m | €0.01m | €0.01m | €0 | €0.006m | - |
| Other amounts payable47/48 | - | - | - | €0.01m | €2.0m | €0.004m | €0.003m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.007m | €0.009m | €0.007m | €0.02m | ▲ 143% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.7m | €0.7m | €0.1m | €1.6m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 1.1% |
| + Depreciation and write-downs630 | €0.09m | €0.09m | €0.09m | €0.09m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Operating cash flow (approximation) | €3.8m | €0.8m | €0.2m | €1.6m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 0.8% |
| Investment in fixed assets (approximation) | - | -€0.01m | €0 | €0 | €0 | -€0.5m | -€0.6m | €0 | - |
| Change in cash | - | €0.04m | €0.005m | -€0.002m | €0.1m | €0.2m | -€0.4m | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-11-2025 | full format | 09-06-2026 | 2026-00147209 |
| 30-11-2024 | full format | 30-06-2025 | 2025-00199651 |
| 30-11-2023 | abbreviated format | 11-06-2024 | 2024-00122699 |
| 30-11-2022 | abbreviated format | 31-07-2023 | 2023-00306154 |
| 31-12-2021 | abbreviated format | 01-08-2022 | 2022-20257357 |
| 31-12-2020 | abbreviated format | 07-07-2021 | 2021-32600005 |
| 31-12-2019 | abbreviated format | 27-07-2020 | 2020-34300431 |
| 31-12-2018 | abbreviated format | 11-07-2019 | 2019-31900420 |
| 31-12-2017 | abbreviated format | 06-08-2018 | 2018-43800064 |
| 31-12-2016 | abbreviated format | 14-07-2017 | 2017-31600164 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Selda Colak Akbasli |
|
| Ralph-Eric Kussmann |
|
| EY Bedrijfsrevisoren BV |
|
| Maarten De Groeve |
|
| Matheus Riswick |
|
Owners and capital
Owners
2 ownersChain of control
- HB Fuller Company United StatesUS
- H.B. Fuller Benelux B.V.NL
- WILLIMMO
Highest known parent: HB Fuller Company United States (United States). The sources do not say who stands above it.
Owners 2
- H.B. Fuller Benelux B.V.NLparentSourceown accounts 30-11-2025100%
- HB Fuller Company United StatesUSconsolidating parentconsolidates
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
100%
According to the annual accounts to 30-11-2025 of WILLIMMO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- Nine STICKS €2,488,123.83 · “inbreng van schuldvordering”
- Nine STICKS
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 25-04-2024 Capital increase of €604,244 · to €3,234,242.83 · in kind
- 19-12-2023 Capital increase of €2,488,123.83 · to €2,629,998.83 · no new shares · in kind
- 07-09-2023 Capital increase of €5,475 · to €141,875 · in kind
- 28-12-2022 Capital stated in the deed · €136,400 · 100,000 shares
Group and network
Holdings and subsidiaries
1 holding · 2 subsidiaries in the treeHoldings 1
- H.B. Fuller België ProductiesubsidiaryEquity €10.9mResult €326,385100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
H.B. Fuller België Productie 100%1 subsidiary
- H.B. Fuller België 100%
According to the annual accounts to 30-11-2025 of WILLIMMO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
25-11
Gazette deed
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Brecht Deketele3 facts ▸
- General meeting, 30-05-2025
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Brecht Deketele (representative)
27-09
Gazette deed
Resignation: Maarten De Groeve (director)Appointment: Ralph-Eric Kussmann (director) · Power of attorney14 facts ▸
- General meeting, 26-08-2024
- Director resignation, Maarten De Groeve (director)
- Director appointment, Ralph-Eric Kussmann (director)
- Power of attorney, Vincent Busschaert
- Power of attorney, Wim Dedecker
- Power of attorney, Bruno Aguirre
- Power of attorney, Lukas Segers
- Power of attorney, Eilouna Ochana
- Power of attorney, Thomas Verbergt
- Power of attorney, Harold Legrand
- Power of attorney, Pieter-Jan Bols
- Board meeting, 27-08-2024
- +2 further facts in this act
10-05
Gazette deed
Resignation: Matheus Riswick (director and managing director)Appointment: Selda Colak Akbasli (director)3 facts ▸
- General meeting, “uittreksels uit besluiten, aandeelhouder” (deed in Dutch)
- Director resignation, Matheus Riswick (director and managing director)
- Director appointment, Selda Colak Akbasli (director)
25-04
Gazette deed
Capital & sharesAuditor report · Capital increase · Capital8 facts ▸
- General meeting, 18-04-2024
- Other provision, “Kennisname van de verslagen, EERSTE BESLISSING” (deed in Dutch)
- Auditor report, “Commissaris, Gent” (deed in Dutch)
- Capital increase, €604,244
- Other provision, “Vergoeding voor de inbreng, DERDE BESLISSING:Inschrijving en storting” (deed in Dutch)
- Other provision, “Vaststelling verwezenlijking kapitaalverhoging, VIERDE BESLISSING” (deed in Dutch)
- Capital, €3,234,242.83
- Other provision, “Uitgereikt vóór registratie, artikel 173,1°bis Wetboek van registratierechten” (deed in Dutch)
19-12
Gazette deed
Capital & shares · Amendment of the articlesAuditor report · Capital increase · Shareholding10 facts ▸
- General meeting, 30-11-2023
- Other provision, “Kennisname van de verslagen” (deed in Dutch)
- Auditor report, “Gent, 2021/08 van de Raad van het Instituut van de Bedrijfsrevisoren” (deed in Dutch)
- Capital increase, €2,488,123.83
- Shareholding, Nine STICKS
- Capital contribution, €2,488,123.83
- Other provision, “Vaststelling van de verwezenlijking van de kapitaalverhoging” (deed in Dutch)
- Amendment of the articles, 5
- Power of attorney
- Power of attorney, Tim CARNEWAL
07-09
Gazette deed
Capital & shares · Amendment of the articlesAuditor report · Capital increase · Capital contribution10 facts ▸
- General meeting, 31-08-2023
- Auditor report, “Gent, geen nieuwe aandelen worden uitgegeven” (deed in Dutch)
- Capital increase, €5,475
- Other provision, “geen nieuwe aandelen uitgegeven naar aanleiding van inbreng in natura” (deed in Dutch)
- Capital contribution
- Other provision, “Derde beslissing:storting van de kapitaalverhoging” (deed in Dutch)
- Other provision, “Vierde beslissing:vaststelling van de verwezenlijking van de kapitaalverhoging” (deed in Dutch)
- Amendment of the articles, 5
- Other provision, “Zesde beslissing:volmacht voor de coördinatie” (deed in Dutch)
- Power of attorney
Show earlier events
26-07
Gazette deed
Appointment: Ernst en Young Bedrijfsrevisoren BV (statutory auditor)3 facts ▸
- Board meeting, 29-11-2022
- Auditor appointment, Ernst en Young Bedrijfsrevisoren BV (2 times)
- General meeting, 29-11-2022
01-06
Gazette deed
Resignations & appointmentsPower of attorney6 facts ▸
- Board meeting, 17-04-2023
- Power of attorney, Robert Martsching (managing director)
- Power of attorney, Matheus Riswick (managing director)
- Board meeting, 10-05-2023
- Power of attorney, Maarten De Groeve (managing director)
- Other provision, “delegatie bankbevoegdheden, eenparigheid van stemmen” (deed in Dutch) (2 times)
11-04
Gazette deed
Appointment: Maarten De Groeve (director)5 facts ▸
- General meeting, 15-03-2023
- Director appointment, Maarten De Groeve (director)
- Board meeting, 17-03-2023
- Other provision, “dagelijks bestuur van de Vennootschap, Gedelegeerd Bestuurder” (deed in Dutch)
- Other provision, “aanvaarding mandaat Gedelegeerd Bestuurder” (deed in Dutch)
28-12
Gazette deed
BoekjaarAmendment of the articles · Capital · Authorised capital5 facts ▸
- General meeting, “éénparigheid van stemmen” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital, €136,400
- Authorised capital, “geen toegestaan kapitaal” (deed in Dutch)
- Registered office clause, “Hoeikensstraat 1 te 2830 Willebroek, via dit adres aan en/of door vennootschap,bestuurders en aandeelhouders geacht geldig tot nieuw adres of e-mailadres meeged…” (deed in Dutch)
About the unread acts
Of the 15 Belgian Official Gazette deeds we know for this company, 10 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12040A0389/00F000 | Flanders | 1.1 ha | 1 · 6,558 m² | 8.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Willimmo
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Enkel algemene vergadering heeft recht nieuwe bestuurder te benoemen wanneer plaats openvalt vóór einde mandaat, hoogstens zes jaar” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 19:00