WILLY BAES & ZONEN

Active

Public limited companyfounded 1987active for 39 yearsSlagmanstraat 16A, 9080 Lochristi, BelgiumKBO/BCE: BE 0431.424.821

From the official registers: KBO 39 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WILLY BAES & ZONEN has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €906,281 and a net result of €57,353. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 90% of 58 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

WILLY BAES & ZONENActiveChecked score 96/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 25-06-1987 Normal situation
Legal form: Public limited company
Registered office: Slagmanstraat 16A, 9080 Lochristi
Activity: Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
Establishment unit: 2.029.481.213 9080 Lochristi, since 08-07-1987
Financial year end: 31 March
Peppol: Reachable

Company details

Who decides

Board

BAES ERIKManaging director
BAES GEERTManaging director

Board & ownership

How it is doing

96 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts to 31-03-2026

Gross margin: €419,091; ▲ 37.7%
Turnover: ≈ €1.1m; estimated
Profit: €57,353
Equity: €906,281; ▲ 6.8%
Total assets: €1.1m; ▼ 5.5%
Staff: 4.2 FTE; =

2026 accounts 3 days early

Filed on 28-10-2026at the National Bank

Financials

Why 96raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 6.17, cash €216,237Founded in 1987Equity €906,281 (82.8% of total assets)Show the evidence

Checked score

Score 2026

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 65% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Strong

Solvency 100+2

equity 82.8% of total assets

Liquidity 72+18

short-term debt 13.7% · cash 19.7%

Profitability 75+14

return on assets 5.2%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.4%▲ +0.2 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025highest value 09-2025: 0.3%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%▼ -0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.3 percentage points vs 09-2026lowest value

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity ample (current ratio 6.17, compared with 3.98 in 2025, above the usual 1.5; short-term debt: 13.7% and cash: 19.7% of total assets), and 17.2% of the assets are financed with debt and provisions.

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 43, micro): better than 90% on solvency, 71% on liquidity, 49% on profitability and 50% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 6.17, cash €216,237

NBB · annual accounts

Founded in 1987

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €906,281 (82.8% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-10-2026, 3 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

3 days early

2025

2 days early

2024

32 days late

2023

on the day

2022

2 days late

2021

23 days early

2020

25 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 31 October (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Back in profit in 2026after -€62,494 in 2025 €57,353 View
Positive: Among the best 10% on solvencysector median 51.6% · 58 companies 82.8% View

Documents

Key facts about WILLY BAES & ZONEN

What is the company number of WILLY BAES & ZONEN?: 0431.424.821. In Belgium the VAT number is the company number with BE in front: BE 0431.424.821.
Where is WILLY BAES & ZONEN based?: The registered office is at Slagmanstraat 16A, 9080 Lochristi.Company details
What does WILLY BAES & ZONEN do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of WILLY BAES & ZONEN?: Public limited company (NV).
When was WILLY BAES & ZONEN founded?: On 25-06-1987.
Is WILLY BAES & ZONEN still active?: Yes, WILLY BAES & ZONEN is an active enterprise in the KBO register.
How many employees does WILLY BAES & ZONEN have?: On average 4.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of WILLY BAES & ZONEN?: ≈ €1.1m in financial year 2026. Estimated from the gross margin of €419,091: probably between €910,000 and €1.4m, based on 45 comparable companies, NACE 432.
Is WILLY BAES & ZONEN profitable?: In financial year 2026, WILLY BAES & ZONEN made a profit of €57,353.
Where can I find the annual accounts of WILLY BAES & ZONEN?: WILLY BAES & ZONEN filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of WILLY BAES & ZONEN due?: By 31-10-2027, for financial year 2027.Timeline