WILLY BORIAU
ActiveWILLY BORIAU has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €444k and a net result of €29k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 7376 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 97.71 against 92.66 in 2024; short-term debt: 1% and cash: 56.2% of total assets), and 1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99%
Return on assets
6.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
49 d early
2023
27 d early
2022
69 d early
2021
22 d late
2020
26 d early
2019
51 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€444k▲ 6.9%
2024 · €415k
2018: €230k
2019: €268k
2020: €318k
2021: €327k
2022: €394k
2023: €399k
2024: €415k
2018 → 2025
Total assets
€448k▲ 6.8%
2024 · €419k
2018: €355k
2019: €328k
2020: €358k
2021: €382k
2022: €424k
2023: €421k
2024: €419k
2018 → 2025
Net result
€29k▲ 82.9%
2024 · €16k
2018: €64k
2019: €43k
2020: €50k
2021: €47k
2022: €67k
2023: €30k
2024: €16k
2018 → 2025
Working capital
€442k▲ 7.1%
2024 · €413k
2018: €268k
2019: €248k
2020: €297k
2021: €322k
2022: €390k
2023: €396k
2024: €413k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€327k-€394k▲ 20.3%€399k▲ 1.4%€415k▲ 3.9%€444k▲ 6.9%
Operating result€71k-€97k▲ 36.9%€43k▼ 56.1%€23k▼ 47.0%€22k▼ 0.8%
Net result€47k-€67k▲ 42.9%€30k▼ 54.2%€16k▼ 48.4%€29k▲ 82.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 1% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €448k
Fixed assets
€2k▼ 20.5%
Current assets
€446k▲ 7.0%
Equity and liabilities €448k
Equity
€444k▲ 6.9%
Debt
€5k▼ 1.6%
The debt ratio falls from 1.1% to 1.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €23k
Cash flow
€29k▲
2024 · €16k
Solvency
99.0%▲
2024 · 98.9%
Current ratio
97.71▲
2024 · 92.66
Quick ratio
97.71▲
2024 · 92.58
Debt / equity
0.01▼
2024 · 0.01
ROE
6.5%▲
2024 · 3.8%
ROA
6.4%▲
2024 · 3.7%
Interest coverage
73.28▼
2024 · 99.51
Debt
€5k▼
2024 · €5k
Debt ≤ 1 year
€5k▲
2024 · €5k
Income taxes
€9k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€419k€448k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23€79-
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€50€50=
Current assets29/58€417k€446k▲
Stocks and contracts in progress3€390-
Stocks30/36€390-
Amounts receivable within one year40/41€6k€194k▲
Trade receivables40€3k€336▼
Other amounts receivable41€2k€193k▲
Current investments50/53€95k-
Cash at bank and in hand54/58€315k€252k▼
Deferred charges and accrued income490/1€394€798▲
Equity and liabilities
Total equity and liabilities10/49€419k€448k▲
Equity10/15€415k€444k▲
Contributions10/11€19k€19k=
Reserves13€396k€425k▲
Distributable reserves133€396k€425k▲
Amounts payable17/49€5k€5k▼
Amounts payable within one year42/48€5k€5k▲
Trade debts44€715€474▼
Suppliers440/4€715€474▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€65-
Accrued charges and deferred income492/3€141-
Income statement
Code20242025
Non-recurring operating income76A-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€671€494▼
Other operating charges640/8€568€585▲
Gross operating margin9900€24k€24k▼
Operating profit (loss)9901€23k€22k▼
Financial income75/76B€1k€16k▲
Recurring financial income75€1k€16k▲
Financial charges65/66B€234€313▲
Recurring financial charges65€234€313▲
Profit (loss) for the period before taxes9903€24k€38k▲
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€16k€29k▲
Profit (loss) for the period to be appropriated9905€16k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€29k▲
Transfer to equity691/2€16k€29k▲
To other reserves6921€16k€29k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €16k ▼48.4%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 92.66
Current ratio from 18.68 to 92.66; short-term debt falls from €22k to €5k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €67k ▲42.9%
Operating result €97k, net result €67k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Affligem · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bocht 621790 AffligemGround area
495 m²
Building footprint
115 m²
Volume, LiDAR
654 m³
Parcel 23021B0489/00Y000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bocht 62, 1790 Affligem
since 19962.075.296.588
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23021B0489/00Y000 | Flanders | 495 m² | 1 · 115 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900DCB4P7P1KMW681
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 9,680 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1995
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.