Turnover
The micro format states no turnover.
The micro format states no turnover.
In 2025, 2 people joined and 4 left.
Short-term debts fell from €31,278 to €22,372.
The 2025 accounts came 30 days late. The other two were filed on time.
A director left. Latest change 17-09-2026 · 1 in office.
Higher solvency than 83% of companies in food and beverage service. Sector median 29.6% · 17,111 companies.
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 56, micro). It does better than 83% of them on solvency, 63% on liquidity, 85% on profitability and 81% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as WILLIO has now. Each dot stands for 99 companies, two years later.
The bankruptcy probability of WILLIO itself is higher: 2.8% within 12 months. It rests on far more data about WILLIO than the profile alone.
The method was tested on the 497,447 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 39,278 companies, not a prediction for WILLIO. 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.
Liquidity is ample, with a current ratio of 1.89 (0.85 in 2024), above the usual 1.5. Short-term debt is 30.8% and cash 17.4% of total assets. 30.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 4 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| WILLIO Braine-l'Alleud | €72,562 | €84,215 | 69.2% | - |
| TH.S.P. L'AVANT PREMIÈRE Auderghem | €71,828 | €81,983 | 77.1% | - |
| PIZZA TIME Lokeren | €65,454 | €85,626 | 63.9% | - |
| EVELEM Ostend | €67,880 | €90,552 | 84.2% | - |
| SILVER STAR SERVICE Zaventem | €75,149 | €98,062 | 68.5% | - |
| PASTA DI LEO Etterbeek | €72,886 | €94,932 | -41.5% | - |
| Steven Simons Koksijde | €74,557 | €95,897 | 29.1% | - |
These companies have the same main activity as WILLIO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €65,500 and €75,100, founded between 2022 and 2023.
WILLIO files the micro format. That format states no turnover. The gross margin fell from €106,940 in 2023 to €84,215 in 2025.
HOLDING MALI holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €230,000 and €360,000.
Higher than 83% of 17,111 companies in 2025.
Higher than 71% of 16,538 companies in 2025.
Higher than 83% of 16,621 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 4 left. Training hours in 2025: 384.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
72,562 | 64,515 | 63,818 | |
21/28 |
30,316 | 37,877 | 48,260 | |
21 |
18,400 | 27,600 | 36,800 | |
22/27 |
11,916 | 10,277 | 11,460 | |
24 |
2,822 | - | - | |
26 |
9,094 | 10,277 | 11,460 | |
29/58 |
42,246 | 26,638 | 15,558 | |
3 |
15,355 | 132 | 159 | |
30/36 |
15,355 | 132 | 159 | |
40/41 |
13,180 | 20,627 | 9,151 | |
40 |
2,013 | 14,992 | 9,151 | |
41 |
11,167 | 5,635 | - | |
54/58 |
12,619 | 4,828 | 4,088 | |
490/1 |
1,093 | 1,051 | 2,161 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
72,562 | 64,515 | 63,818 | |
10/15 |
50,190 | 33,237 | 29,992 | |
10/11 |
2,500 | 2,500 | 2,500 | |
14 |
47,690 | 30,737 | 27,492 | |
17/49 |
22,372 | 31,278 | 33,826 | |
42/48 |
22,372 | 31,278 | 33,826 | |
44 |
3,199 | 15,063 | 8,689 | |
440/4 |
3,199 | 15,063 | 8,689 | |
46 |
2,134 | - | - | |
45 |
15,957 | 16,215 | 22,413 | |
450/3 |
10,003 | 2,658 | 15,508 | |
454/9 |
5,954 | 13,557 | 6,905 | |
47/48 |
1,082 | - | 2,724 | |
| Income statement | ||||
9900 |
84,215 | 81,080 | 106,940 | |
62 |
45,160 | 62,123 | 58,963 | |
630 |
10,640 | 10,383 | 9,569 | |
640/8 |
2,323 | 414 | 200 | |
9901 |
26,092 | 8,160 | 38,208 | |
75/76B |
29 | 2 | 0 | |
75 |
29 | 2 | 0 | |
65/66B |
2,806 | 2,188 | 1,498 | |
65 |
2,806 | 2,188 | 1,498 | |
9903 |
23,314 | 5,975 | 36,710 | |
67/77 |
6,360 | 1,523 | 9,218 | |
9904 |
16,954 | 4,451 | 27,492 | |
9905 |
16,954 | 4,451 | 27,492 | |
| Appropriation of the result | ||||
9906 |
47,690 | 30,737 | 27,492 | |
14P |
30,737 | 26,285 | - | |
| Social balance sheet | ||||
9087 |
2.3 | 3.2 | 3 | |
Hours worked1013 |
1,930 | 2,171 | 2,230 | |
| Document | ||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.
2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00478849.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 36,732 | 18,543 | 47,777 | ||
| 27,594 | 14,834 | 37,061 | ||
| 3,079 | 0 | 57,829 | ||
| 7,791 | 740 | - | ||
| 19,874 | -4,640 | -18,268 | ||
| 69.2% | 51.5% | 47.0% | ||
| 1.89 | 0.85 | 0.46 | ||
| 1.20 | 0.85 | 0.46 | ||
| 0.45 | 0.94 | 1.13 | ||
| 33.8% | 13.4% | 91.7% | ||
| 23.4% | 6.9% | 43.1% | ||
| 13.09 | 8.48 | 31.88 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 2 | 3 | 3 |
| part-time | 2 | 3 | 3 |
| in full-time equivalents | 1.2 | 1.7 | 1.7 |
| 1.6 | 1.7 | 1.6 | |
| On a permanent contract | 2 | 2 | 3 |
| Joined | 2 | 1 | 3 |
| Left | 4 | 1 | 0 |
| Training hours | 384 | - | - |
Source: social balance sheet in the 2023 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €3,079 | - | €11,829 |
| Intangible fixed assets | - | - | €46,000 |
| €10,640 | €10,383 | €9,569 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 3.2 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 48.5% to 30.8%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of HOLDING MALI. Every holding stands with its own latest accounts.
| HOLDING MALI
registered office since 20-03-2024 · founded in 2024 |
total assets €200,959 (2025) 1007.365.982 |
| Bureau d'assurances Brigitte Desmet
establishment since 20-04-2006 · founded in 2006 · negative equity (2025) |
total assets €276 (2025) 0878.597.294 |
| Mayeur, Maxime (sole trader)
establishment since 17-11-2015 |
founded in 2019 0642.941.734 |
| JB ABRAS via ABRAS Jérome, at WILLIO until 2024 · Director (not named in the articles) · deed of 16-06-2020 No longer active |
total assets €9,746 (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
WILLIO was incorporated on 10 October 2022 as a private limited company.1 The registered office was moved to Braine-l'Alleud in 2024.2 Emmanuel Goethals is director of the company, appointed by deed of 30-05-2024.2 Total assets rose from €63,818 in 2023 to €72,562 in 2025 and headcount from 3 to 2.3 full-time equivalents.3
1 of 2 establishments on the map
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| LA CAFET Ch de Mont St Jean 83, 1420 Braine-l'Alleud | 01-01-2023 | 2.338.281.901 | Restaurant |
| Le Taxi de Phoebe registered office Avenue des Tarins 14, 1420 Braine-l'Alleud 56120 Mobile food service activities | 27-04-2024 | 2.375.978.673 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25743F0589/00_000 | 211 m² | 1 · 50 m² | 12.2 m · 4 |
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