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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 has been growing by about 9.2% per year since 2019. Its solvency ranks better than 91% of 67 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

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

Board and ownership

Board
  • BAES ERIKManaging director
  • BAES GEERTManaging director

Financial position

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 filed 3 days before the deadline
Filed on 28-10-2026at the National Bank
Score breakdownraises 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 stronger than 65% of micro companies in specialised construction (NACE 43)
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 within 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 is ample, with a current ratio of 6.17 (3.98 in 2025), above the usual 1.5. Short-term debt is 13.7% and cash 19.7% of total assets. 17.2% of the assets are financed with debt and provisions.
Calculation

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 43, micro). It does better than 90% of them 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. 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 6.17, cash €216,237
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €906,281 (82.8% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · 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

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

Searched, nothing found (2)
neutral · 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
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2026after a loss of €62,494 in 2025 €57,353 View
  • Positive: Higher solvency than 90% of companies in specialised constructionsector median 51.0% · 67 companies 82.8% View

Documents

Annual accounts at the NBB

All 39 annual accounts

Articles and registers

Key facts about WILLY BAES & ZONEN

What is the company number of WILLY BAES & ZONEN?
The company number of WILLY BAES & ZONEN is 0431.424.821. The VAT number is the same 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?
The legal form of WILLY BAES & ZONEN is Public limited company (NV).
When was WILLY BAES & ZONEN founded?
WILLY BAES & ZONEN was 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?
WILLY BAES & ZONEN had an average of 4.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of WILLY BAES & ZONEN?
The turnover in financial year 2026 is ≈ €1.1m. This figure is estimated from the gross margin of €419,091 and 45 comparable companies (NACE 432). It probably lies between €910,000 and €1.4m.
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?
WILLY BAES & ZONEN must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Comparable companies

These companies have the same main activity as WILLY BAES & ZONEN: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €962,000 and €1.4m, founded between 1984 and 1993.

CompanyTotal assetsGross margin
WILLY BAES & ZONEN Lochristi€1.1m€0.4m
VANPRAET CLIMA Lebbeke€1.0m€0.4m
ACKE DIETER & RUDDY Wevelgem€1.0m€0.4m
Thermad - Brink Luchtverwarming Antwerpen€1.0m€0.4m
FLOR HUYSMANS Retie€1.3m€0.4m
DEMEYCO ELEWAUT Sint-Niklaas€1.4m€0.4m
P.D.K. PREMEREUR Geraardsbergen€1.4m€0.5m
Full comparison

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