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WILLY NAESSENS GENERAL CONTRACTOR

Active
Public limited companyfounded 2003active for 23 yearsIndustrieweg (H) 116, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0480.296.587

From the official registers: KBO 23 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WILLY NAESSENS GENERAL CONTRACTOR has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €358,836. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 28% of 1,028 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 23-05-2003 Normal situation
Legal form
Public limited company
Registered office
Industrieweg (H) 116, 3980 Tessenderlo-Ham
Activity
General construction of other non-residential buildings NACE 41003and 1 other
Establishment unit
2.132.341.201 3980 Tessenderlo-Ham, since 27-06-2003
Financial year end
31 December
Peppol
Reachable since 27-11-2025

Who decides

Board
  • DEROOSE PROJECTSDirector · since 12-06-2021 · permanent representative DEROOSE Dirk
  • NAESSENS SemDirector · since 12-06-2021
  • NAESSENS VeerleDirector · since 12-06-2021
  • VAN HAUTEGEM FilipDirector · since 12-06-2021
  • Ingelbeen BVDirector · since 14-06-2025 · permanent representative Dennis Ingelbeen
Auditor
A&C - bedrijfsrevisor BV

How it is doing

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€33.7m
▼ 18.2%
Profit
€358,836
▼ 69.2%
Equity
€3.7m
▲ 10.7%
Total assets
€19.6m
▲ 6.6%
Staff
31.6 FTE
▲ 4.6%
2025 accounts 16 days early
Filed on 15-07-2026at the National Bank
Why 86raises riskSector: Construction of residential and non-residential buildings (NACE 41)Equity €3.7m (19.0% of total assets)lowers riskFounded in 2003Liquidity: current ratio 0.99, cash €4.3mShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 41, small)
Financial strength · tick = 2024
Weak
Solvency 44+1
equity 19.0% of total assets
Liquidity 33-13
short-term debt 80.8% · cash 21.8%
Profitability 36-28
return on assets 1.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €310,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.99, compared with 1.03 in 2024, below 1; short-term debt: 80.8% and cash: 21.8% of total assets), and 81% 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 41, small): better than 31% on solvency, 36% on liquidity, 23% on profitability and 45% 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
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.99, cash €4.3m
NBB · annual accounts
raises risk · Equity €3.7m (19.0% of total assets)
NBB · annual accounts
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
36 days early
2023
7 days early
2022
39 days early
2021
20 days early
2020
76 days late
2019
8 days early
← 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 7 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Caution: Result fell in 2025from €1.2m to €358,836 ▼ 69.2% View
  • Positive: 2nd largest company by total assets in Tessenderlo-Ham, Construction sectorin the Checked rankings No. 2 View
  • Positive: 8 profitable years in a rowprofit 2025: €358,836 8 years View
  • Controlled by WILLY NAESSENS BUILDultimately: Koutermolen 100% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Documents

Annual accounts at the NBB

All 23 annual accounts

Articles and registers

Key facts about WILLY NAESSENS GENERAL CONTRACTOR

What is the company number of WILLY NAESSENS GENERAL CONTRACTOR?
0480.296.587. In Belgium the VAT number is the company number with BE in front: BE 0480.296.587.
Where is WILLY NAESSENS GENERAL CONTRACTOR based?
The registered office is at Industrieweg (H) 116, 3980 Tessenderlo-Ham.Company details
What does WILLY NAESSENS GENERAL CONTRACTOR do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of WILLY NAESSENS GENERAL CONTRACTOR?
Public limited company (NV).
When was WILLY NAESSENS GENERAL CONTRACTOR founded?
On 23-05-2003.
Is WILLY NAESSENS GENERAL CONTRACTOR still active?
Yes, WILLY NAESSENS GENERAL CONTRACTOR is an active enterprise in the KBO register.
How many employees does WILLY NAESSENS GENERAL CONTRACTOR have?
On average 31.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WILLY NAESSENS GENERAL CONTRACTOR?
€33.7m in financial year 2025, according to the filed annual accounts.
Is WILLY NAESSENS GENERAL CONTRACTOR profitable?
In financial year 2025, WILLY NAESSENS GENERAL CONTRACTOR made a profit of €358,836.
Where can I find the annual accounts of WILLY NAESSENS GENERAL CONTRACTOR?
WILLY NAESSENS GENERAL CONTRACTOR filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of WILLY NAESSENS GENERAL CONTRACTOR due?
By 31-07-2027, for financial year 2026.Timeline

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