Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, 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 42, micro). It does better than 60% of them on solvency, 42% on liquidity, 91% on profitability and 90% on growth.
The bankruptcy probability was computed on 09-11-2026 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 WILLIX has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WILLIX itself is higher: 2.8% within 12 months. It rests on far more data about WILLIX 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 WILLIX. 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 2.77 (2.21 in 2024), above the usual 1.5. Short-term debt is 35.7% and cash 10.2% of total assets. 47% 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 2 accounts on average 7 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| WILLIX La Louvière | €113,699 | €49,713 | 53.0% | - |
| Ouyart Sint-Niklaas | €105,006 | €48,335 | 72.7% | - |
| NH TELECOM Herent | €100,791 | €51,237 | 67.4% | - |
| SLIM Elektriciteit Zonhoven | €104,936 | €50,577 | 36.9% | - |
| Wolumex Beringen | €104,300 | €54,405 | 38.8% | - |
| B&B Telecom Antwerp | €134,764 | €44,601 | 78.7% | - |
| Gaël FELTZ Marche-en-Famenne | €99,188 | €51,965 | 45.7% | - |
These companies have the same main activity as WILLIX: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €99,200 and €135,000, founded between 2023 and 2024.
The computed 12-month bankruptcy probability of WILLIX is 2.8% (moderate). The 2025 annual accounts show equity of €60,295 and a net result of €33,439.
Its solvency ranks better than 59% of 1,263 sector peers (NACE 42, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 ≈ €200,000. Estimated: probably between €120,000 and €360,000.
Higher than 59% of 1,263 companies in 2025.
Higher than 73% of 1,222 companies in 2025.
Higher than 83% of 1,227 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
113,699 | 83,446 | |
21/28 |
1,129 | - | |
22/27 |
1,129 | - | |
24 |
1,129 | - | |
29/58 |
112,570 | 83,446 | |
40/41 |
96,914 | 80,659 | |
40 |
27,067 | 1,260 | |
41 |
69,847 | 79,399 | |
54/58 |
11,547 | 2,787 | |
490/1 |
4,109 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
113,699 | 83,446 | |
10/15 |
60,295 | 26,856 | |
10/11 |
3,000 | 3,000 | |
13 |
57,000 | 23,000 | |
133 |
57,000 | 23,000 | |
14 |
295 | 856 | |
17/49 |
53,404 | 56,590 | |
17 |
12,797 | 18,786 | |
170/4 |
12,797 | 18,786 | |
42/48 |
40,607 | 37,804 | |
42 |
15,988 | 5,731 | |
44 |
4,008 | 20,199 | |
440/4 |
4,008 | 20,199 | |
45 |
16,395 | 11,874 | |
450/3 |
16,395 | 11,874 | |
47/48 |
4,216 | - | |
| Income statement | |||
9900 |
49,713 | 37,205 | |
630 |
104 | - | |
640/8 |
1,915 | 1,147 | |
9901 |
47,694 | 36,058 | |
65/66B |
1,395 | 1,663 | |
65 |
1,395 | 1,663 | |
9903 |
46,299 | 34,395 | |
67/77 |
12,860 | 10,539 | |
9904 |
33,439 | 23,856 | |
9905 |
33,439 | 23,856 | |
| Appropriation of the result | |||
9906 |
34,295 | 23,856 | |
14P |
856 | - | |
691/2 |
34,000 | 23,000 | |
6921 |
34,000 | 23,000 | |
| Document | |||
The notes to these accounts have 7 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 25-06-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 47,798 | - | ||
| 33,543 | - | ||
| 1,233 | - | ||
| 8,760 | - | ||
| 71,963 | 45,642 | ||
| 53.0% | 32.2% | ||
| 2.77 | 2.21 | ||
| 0.89 | 2.11 | ||
| 55.5% | 88.8% | ||
| 29.4% | 28.6% | ||
| 34.26 | - |
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 | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €1,233 | - |
| €104 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 32% higher than in 2024.
Debt's share of the balance-sheet total falls from 67.8% to 47.0%. Equity is higher and debt is lower.
WILLIX has no parent and no holdings in its annual accounts. VAN HOECK William Xavier Michel is the only director. WILLIX shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 12 October 2023, WILLIX was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12 In 2025 the registered office moved to La Louvière.3 VAN HOECK William Xavier Michel is director of the company, appointed by deed of 16-10-2023.2
| Establishment | Since | Unit number |
|---|---|---|
| Rue Clément Dambot (L.L) 21 registered office 7100 La Louvière | ||
| SRL WILLIX Rue Clément Dambot (L.L) 19, 7100 La Louvière | 12-10-2023 | 2.351.059.670 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 55372C0062/00Y016 | 201 m² | 1 · 36 m² | 10.1 m · 3 |
| 55372C0062/00K005 | 124 m² | 1 · 40 m² | 10.2 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1001.146.205
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