WILLOCKX & WILLOCKX
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00539405.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 19 filings
Turnover
≈ €40,000
Estimated: probably between €19,000 and €74,000
Total assets
€405,361▼ 13.0%
2024 · €466,056
Net result
€2,760
2024 · -€45,535
Working capital
€379,490▲ 6.2%
2024 · €357,476
Multi-year overview
2018 to 2025, 7 financial yearsOperating result
€5,605
2025
20182025
Net result
€2,760
2025
middle half of the sector
20182025
Equity
€383,265
▲ 0.7%
2025
middle half of the sector
20182025
Total assets
€405,361
▼ 13.0%
2025
lowest quarter of the sector
20182025
Debt
€22,097
▼ 74.2%
2025
20182025
Working capital
€379,490
▲ 6.2%
2025
middle half of the sector
20182025
Solvency
94.5%
▲ 12.9pp
2025
highest quarter of the sector
20182025
Current ratio
no figure
2025
20182025
Return on assets (ROA)
0.7%
▲ 10.5pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920212022202320242025
Operating result€49,787-€66,324▲ 33.2%€126,405-€206,178▲ 63.1%€159,795▼ 22.5%-€8,411€5,605
Net result€37,199-€51,662▲ 38.9%€98,275above the sector's middle half-€155,361above the sector's middle half▲ 58.1%€134,243above the sector's middle half▼ 13.6%-€45,535below the sector's middle half€2,760within the sector's middle half
Equity€191,728-€230,590▲ 20.3%€281,895above the sector's middle half-€312,256above the sector's middle half▲ 10.8%€446,499above the sector's middle half▲ 43.0%€380,505above the sector's middle half▼ 14.8%€383,265within the sector's middle half▲ 0.7%
Total assets€254,703-€295,858▲ 16.2%€376,108within the sector's middle half-€412,386within the sector's middle half▲ 9.6%€500,223above the sector's middle half▲ 21.3%€466,056above the sector's middle half▼ 6.8%€405,361below the sector's middle half▼ 13.0%
Debt€62,975-€65,269▲ 3.6%€94,213-€100,130▲ 6.3%€53,724▼ 46.3%€85,551▲ 59.2%€22,097▼ 74.2%
Working capital€3,998-€213,675▲ 53×€258,995above the sector's middle half-€290,742above the sector's middle half▲ 12.3%€424,221above the sector's middle half▲ 45.9%€357,476above the sector's middle half▼ 15.7%€379,490within the sector's middle half▲ 6.2%
Solvency75.3%-77.9%▲ 2.7pp75.0%above the sector's middle half-75.7%above the sector's middle half▲ 0.8pp89.3%above the sector's middle half▲ 13.5pp81.6%above the sector's middle half▼ 7.6pp94.5%above the sector's middle half▲ 12.9pp
Current ratio1.06-4.27▲ 3.213.75above the sector's middle half-3.90above the sector's middle half▲ 0.158.90above the sector's middle half▲ 4.995.18above the sector's middle half▼ 3.72
Return on assets (ROA)14.6%-17.5%▲ 2.9pp26.1%above the sector's middle half-37.7%above the sector's middle half▲ 11.5pp26.8%above the sector's middle half▼ 10.8pp-9.8%below the sector's middle half▼ 36.6pp0.7%within the sector's middle half▲ 10.5pp
above
within
below
The sector band is the middle half of the companies in Warehousing and support activities for transportation (NACE 52). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €5,605, after a loss of €8,411 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404,106
Fixed assets
€22,519 ▲ 4.9%
Current assets
€381,587 ▼ 13.9%
Equity and liabilities €405,361
Equity
€383,265 ▲ 0.7%
Debt
€22,097 ▼ 74.2%
Debt's share of the balance-sheet total falls from 18.4% to 5.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,829▲
2024 · -€7,582
Cash flow
€3,983▲
2024 · -€44,706
Debt to equity
0.06▼
2024 · 0.22
ROE
0.7%▲
2024 · -12.0%
Interest coverage
2.66▲
2024 · -35.26
Debt ≤ 1 year
€2,097▼
2024 · €85,551
Debt > 1 year
€20,000
Income taxes
€276▼
2024 · €37,756
A ratio outside any meaningful range has been withheld (balance sheet total €405,361, equity €383,265).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,524 | - | €2,150 | - | €1,969 |
| Depreciation and write-downs of the year | €1,042 | €1,385 | €1,385 | €829 | €1,224 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,042 | €1,385 | €1,385 | €829 | €1,224 | ▲ 47.7% |
| Other operating charges640/8 | - | - | €669 | €688 | €1,729 | €451 | €1,199 | ▲ 166% |
| Gross operating margin9900 | €50,385 | €67,034 | €128,117 | €208,251 | €162,909 | -€7,132 | €8,028 | - |
| Operating profit (loss)9901 | €49,787 | €66,324 | €126,405 | €206,178 | €159,795 | -€8,411 | €5,605 | - |
| Financial income75/76B | - | - | €10,623 | €11,214 | €14,473 | €847 | - | - |
| Recurring financial income75 | €1,837 | €3,752 | €10,623 | €11,214 | €14,473 | €847 | - | - |
| Financial charges65/66B | - | - | €1,587 | €1,837 | €1,569 | €215 | €2,570 | ▲ 12× |
| Recurring financial charges65 | €557 | €666 | €1,587 | €1,837 | €1,569 | €215 | €2,570 | ▲ 12× |
| Profit (loss) for the period before taxes9903 | €51,576 | €69,410 | €135,442 | €215,555 | €172,698 | -€7,779 | €3,036 | - |
| Income taxes67/77 | €14,378 | €17,749 | €37,167 | €60,194 | €38,455 | €37,756 | €276 | ▼ 99.3% |
| Profit (loss) for the period9904 | €37,199 | €51,662 | €98,275 | €155,361 | €134,243 | -€45,535 | €2,760 | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | €26,700 | €63,150 | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €17,682 | €45,468 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €37,199 | €24,962 | €98,275 | €137,679 | €115,475 | €17,615 | €2,760 | ▼ 84.3% |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €254,703 | €295,858 | €376,108 | €412,386 | €500,223 | €466,056 | €405,361 | ▼ 13.0% |
| Formation expenses20 | - | - | - | - | - | €1,571 | €1,255 | ▼ 20.1% |
| Fixed assets21/28 | €187,730 | €16,915 | €22,900 | €21,514 | €22,279 | €21,458 | €22,519 | ▲ 4.9% |
| Tangible fixed assets22/27 | - | - | €5,985 | €4,599 | €5,364 | €4,543 | €5,604 | ▲ 23.4% |
| Plant, machinery and equipment23 | - | - | €2,050 | €2,050 | €4,200 | €4,200 | €4,200 | = |
| Furniture and vehicles24 | - | - | €3,935 | €2,549 | €1,164 | €343 | €1,404 | ▲ 309% |
| Financial fixed assets28 | €187,730 | €16,915 | €16,915 | €16,915 | €16,915 | €16,915 | €16,915 | = |
| Current assets29/58 | €66,973 | €278,943 | €353,208 | €390,871 | €477,945 | €443,027 | €381,587 | ▼ 13.9% |
| Amounts receivable after more than one year29 | - | - | €249,739 | €225,072 | €207,350 | €136,350 | €36,350 | ▼ 73.3% |
| Other amounts receivable291 | - | - | €249,739 | €225,072 | €207,350 | €136,350 | €36,350 | ▼ 73.3% |
| Amounts receivable within one year40/41 | €59,352 | €96,870 | €72,522 | €112,758 | €166,107 | €293,398 | €330,654 | ▲ 12.7% |
| Trade receivables40 | - | - | €598 | €598 | €598 | €11,754 | €11,157 | ▼ 5.1% |
| Other amounts receivable41 | - | - | €71,924 | €112,161 | €165,510 | €281,644 | €319,497 | ▲ 13.4% |
| Current investments50/53 | - | - | €17,046 | €30,616 | - | - | - | - |
| Cash at bank and in hand54/58 | €5,750 | - | - | - | €92,381 | €1,162 | €2,478 | ▲ 113% |
| Deferred charges and accrued income490/1 | - | - | €13,902 | €22,425 | €12,106 | €12,118 | €12,106 | ▼ 0.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €254,703 | €295,858 | €376,108 | €412,386 | €500,223 | €466,056 | €405,361 | ▼ 13.0% |
| Equity10/15 | €191,728 | €230,590 | €281,895 | €312,256 | €446,499 | €380,505 | €383,265 | ▲ 0.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - | - | - |
| Contributions outside capital11 | - | - | €18,600 | €18,600 | €18,600 | - | - | - |
| Other1109/19 | - | - | €18,600 | €18,600 | €18,600 | - | - | - |
| Reserves13 | €36,059 | €74,920 | €97,648 | €168,656 | €211,697 | €209,837 | €212,597 | ▲ 1.3% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | €26,700 | €44,382 | €63,150 | - | - | - |
| Distributable reserves133 | - | - | €69,088 | €122,414 | €146,687 | €209,837 | €212,597 | ▲ 1.3% |
| Profit (loss) carried forward14 | €137,069 | €137,069 | €165,647 | €125,000 | €216,203 | €170,668 | €170,668 | = |
| Amounts payable17/49 | €62,975 | €65,269 | €94,213 | €100,130 | €53,724 | €85,551 | €22,097 | ▼ 74.2% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €20,000 | - |
| Financial debts170/4 | - | - | - | - | - | - | €20,000 | - |
| Amounts payable within one year42/48 | €62,975 | €65,269 | €94,213 | €100,130 | €53,724 | €85,551 | €2,097 | ▼ 97.5% |
| Financial debts43 | - | - | - | - | - | €75,000 | - | - |
| Credit institutions430/8 | - | - | - | - | - | €75,000 | - | - |
| Trade debts44 | €1,059 | €5,895 | €2,902 | €620 | €620 | €76 | €76 | = |
| Suppliers440/4 | - | - | €2,902 | €620 | €620 | €76 | €76 | = |
| Taxes, remuneration and social security45 | - | - | €12,701 | €44,130 | €53,103 | €9,508 | €2,020 | ▼ 78.8% |
| Taxes450/3 | - | - | €12,701 | €44,130 | €53,103 | €9,508 | €2,020 | ▼ 78.8% |
| Other amounts payable47/48 | - | - | €78,610 | €55,379 | - | €967 | - | - |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,199 | €51,662 | €98,275 | €155,361 | €134,243 | -€45,535 | €2,760 | - |
| + Depreciation and write-downs630 | - | - | €1,042 | €1,385 | €1,385 | €829 | €1,224 | ▲ 47.7% |
| Operating cash flow (approximation) | €37,199 | €51,662 | €99,317 | €156,747 | €135,629 | -€44,706 | €3,983 | - |
| Investment in fixed assets (approximation) | - | €170,815 | - | €0 | -€2,150 | -€8 | -€2,285 | ▼ 29,304% |
| Change in cash | - | - | - | - | - | -€91,220 | €1,316 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as WILLOCKX & WILLOCKX has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WILLOCKX & WILLOCKX itself is higher: 1.1% within 12 months. It rests on far more data about WILLOCKX & WILLOCKX than the profile alone.
Test of the method
The method was tested on the 497,446 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 17,041 companies, not a prediction for WILLOCKX & WILLOCKX. 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.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00539405 | |
| 31-12-2024 | micro format | 06-02-2026 | 2026-00034462 | |
| 31-12-2023 | micro format | 31-12-2024 | 2025-00628552 | |
| 31-12-2022 | micro format | 31-12-2023 | 2024-00546402 | |
| 31-12-2021 | micro format | 31-12-2022 | 2023-20555170 | |
| 31-12-2019 | micro format | 31-10-2020 | 2020-67000254 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-63400172 | |
| 31-12-2017 | abbreviated format | 08-10-2018 | 2018-69200542 | |
| 31-12-2016 | abbreviated format | 25-09-2017 | 2017-63800406 | |
| 31-12-2015 | abbreviated format | 18-04-2017 | 2017-09600361 |