Wilmag
ActiveSummary
Wilmag has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €686k and a net result of €15k. Equity is growing by ~3.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.25 in 2024; short-term debt: 14.7% and cash: 3.4% of total assets), and 15% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
85%
Return on assets
1.8%
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
15 d early
2023
35 d early
2022
46 d early
2021
11 d early
2020
11 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▲ 28.1%
2024 · €12k
2018: €37khighest in 8 years
2019: €26k▼ -28.3% vs 2018
2020: €23k▼ -11.5% vs 2019
2021: €32k▲ +35.1% vs 2020
2022: €26k▼ -16.6% vs 2021
2023: €17k▼ -35.1% vs 2022
2024: €12k▼ -32.0% vs 2023lowest in 8 years
2025: €15k▲ +28.1% vs 2024
2018 → 2025
Working capital
€-81k▲ 21.9%
2024 · €-103k
2018: €148k
2019: €193k▲ +29.9% vs 2018
2020: €232k▲ +20.2% vs 2019
2021: €273k▲ +17.8% vs 2020
2022: €311k▲ +14.0% vs 2021highest in 8 years
2023: €-129k▼ -141% vs 2022lowest in 8 years
2024: €-103k▲ +19.7% vs 2023
2025: €-81k▲ +21.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€616k-€642k▲ 4.3%€659k▲ 2.7%€671k▲ 1.8%€686k▲ 2.2%
2021: €616klowest in 5 years
2022: €642k▲ +4.3% vs 2021
2023: €659k▲ +2.7% vs 2022
2024: €671k▲ +1.8% vs 2023
2025: €686k▲ +2.2% vs 2024highest in 5 years
Operating result€40k-€32k▼ 19.5%€23k▼ 28.9%€16k▼ 30.4%€20k▲ 27.8%
2021: €40khighest in 5 years
2022: €32k▼ -19.5% vs 2021
2023: €23k▼ -28.9% vs 2022
2024: €16k▼ -30.4% vs 2023lowest in 5 years
2025: €20k▲ +27.8% vs 2024
Net result€32k-€26k▼ 16.6%€17k▼ 35.1%€12k▼ 32.0%€15k▲ 28.1%
2021: €32khighest in 5 years
2022: €26k▼ -16.6% vs 2021
2023: €17k▼ -35.1% vs 2022
2024: €12k▼ -32.0% vs 2023lowest in 5 years
2025: €15k▲ +28.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €806k
Fixed assets
€768k ▼ 1.1%
Current assets
€38k ▲ 9.6%
Equity and liabilities €806k
Equity
€686k ▲ 2.2%
Debt
€121k ▼ 14.2%
Debt's share of the balance-sheet total falls from 17.3% to 15.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▲
2024 · €28k
Cash flow
€25k▲
2024 · €24k
Current ratio
0.32▲
2024 · 0.25
Debt to equity
0.18▼
2024 · 0.21
ROE
2.2%▲
2024 · 1.7%
ROA
1.8%▲
2024 · 1.4%
Interest coverage
264.84▼
2024 · 320.84
Debt ≤ 1 year
€119k▼
2024 · €138k
Income taxes
€5k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€811k€806k▼
Fixed assets21/28€777k€768k▼
Tangible fixed assets22/27€335k€327k▼
Land and buildings22€335k€327k▼
Financial fixed assets28€441k€441k=
Current assets29/58€35k€38k▲
Amounts receivable within one year40/41€7k€9k▲
Other amounts receivable41€7k€9k▲
Cash at bank and in hand54/58€27k€28k▲
Deferred charges and accrued income490/1€686€1k▲
Equity and liabilities
Total equity and liabilities10/49€811k€806k▼
Equity10/15€671k€686k▲
Contributions10/11€258k€258k=
Capital10€258k€258k=
Issued capital100€258k€258k=
Reserves13€402k€413k▲
Non-distributable reserves130/1€26k€26k=
Legal reserve130€26k€26k=
Distributable reserves133€376k€388k▲
Profit (loss) carried forward14€12k€15k▲
Amounts payable17/49€140k€121k▼
Amounts payable within one year42/48€138k€119k▼
Trade debts44€156€60▼
Suppliers440/4€156€60▼
Other amounts payable47/48€138k€118k▼
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€27k€27k▼
Gross operating margin9900€55k€58k▲
Operating profit (loss)9901€16k€20k▲
Financial charges65/66B€87€117▲
Recurring financial charges65€87€117▲
Profit (loss) for the period before taxes9903€16k€20k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€12k€15k▲
Profit (loss) for the period to be appropriated9905€12k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€26k▼
Profit (loss) brought forward from the previous period14P€17k€12k▼
Transfer to equity691/2€17k€12k▼
To other reserves6921€17k€12k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €12k | €13k | €12k | €11k | ▼ 11.5% |
| Other operating charges640/8 | €23k | €24k | €25k | €27k | €27k | ▼ 1.1% |
| Gross operating margin9900 | €77k | €68k | €61k | €55k | €58k | ▲ 5.0% |
| Operating profit (loss)9901 | €40k | €32k | €23k | €16k | €20k | ▲ 27.8% |
| Financial income75/76B | €4k | €4k | €164 | - | - | - |
| Recurring financial income75 | €4k | €4k | €164 | - | - | - |
| Financial charges65/66B | €2k | €963 | €242 | €87 | €117 | ▲ 34.5% |
| Recurring financial charges65 | €2k | €963 | €242 | €87 | €117 | ▲ 34.5% |
| Profit (loss) for the period before taxes9903 | €43k | €36k | €23k | €16k | €20k | ▲ 27.8% |
| Income taxes67/77 | €11k | €9k | €6k | €4k | €5k | ▲ 26.8% |
| Profit (loss) for the period9904 | €32k | €26k | €17k | €12k | €15k | ▲ 28.1% |
| Profit (loss) for the period to be appropriated9905 | €32k | €26k | €17k | €12k | €15k | ▲ 28.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €812k | €794k | €813k | €811k | €806k | ▼ 0.6% |
| Fixed assets21/28 | €344k | €332k | €789k | €777k | €768k | ▼ 1.1% |
| Tangible fixed assets22/27 | €344k | €332k | €347k | €335k | €327k | ▼ 2.5% |
| Land and buildings22 | €344k | €332k | €347k | €335k | €327k | ▼ 2.5% |
| Financial fixed assets28 | - | - | €441k | €441k | €441k | = |
| Current assets29/58 | €468k | €462k | €25k | €35k | €38k | ▲ 9.6% |
| Amounts receivable within one year40/41 | €441k | €444k | €5k | €7k | €9k | ▲ 34.8% |
| Other amounts receivable41 | €441k | €444k | €5k | €7k | €9k | ▲ 34.8% |
| Cash at bank and in hand54/58 | €22k | €17k | €17k | €27k | €28k | ▲ 2.0% |
| Deferred charges and accrued income490/1 | €6k | €1k | €2k | €686 | €1k | ▲ 59.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €812k | €794k | €813k | €811k | €806k | ▼ 0.6% |
| Equity10/15 | €616k | €642k | €659k | €671k | €686k | ▲ 2.2% |
| Contributions10/11 | €258k | €258k | €258k | €258k | €258k | = |
| Capital10 | €258k | €258k | €258k | €258k | €258k | = |
| Issued capital100 | €258k | €258k | €258k | €258k | €258k | = |
| Reserves13 | €327k | €359k | €385k | €402k | €413k | ▲ 2.9% |
| Non-distributable reserves130/1 | €26k | €26k | €26k | €26k | €26k | = |
| Legal reserve130 | €26k | €26k | €26k | €26k | €26k | = |
| Distributable reserves133 | €301k | €333k | €359k | €376k | €388k | ▲ 3.1% |
| Profit (loss) carried forward14 | €32k | €26k | €17k | €12k | €15k | ▲ 28.1% |
| Amounts payable17/49 | €196k | €152k | €154k | €140k | €121k | ▼ 14.2% |
| Amounts payable within one year42/48 | €195k | €151k | €153k | €138k | €119k | ▼ 14.0% |
| Trade debts44 | €257 | €1k | €776 | €156 | €60 | ▼ 61.5% |
| Suppliers440/4 | €257 | €1k | €776 | €156 | €60 | ▼ 61.5% |
| Taxes, remuneration and social security45 | €491 | €263 | €49 | - | - | - |
| Taxes450/3 | €491 | €263 | €49 | - | - | - |
| Other amounts payable47/48 | €194k | €149k | €153k | €138k | €118k | ▼ 14.0% |
| Accrued charges and deferred income492/3 | €1k | €1k | €725 | €3k | €2k | ▼ 22.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €26k | €17k | €12k | €15k | ▲ 28.1% |
| + Depreciation and write-downs630 | €14k | €12k | €13k | €12k | €11k | ▼ 11.5% |
| Operating cash flow (approximation) | €46k | €38k | €30k | €24k | €25k | ▲ 8.0% |
| Investment in fixed assets (approximation) | - | €0 | €-469k | €0 | €-2k | - |
| Change in cash | - | €-5k | €428 | €10k | €535 | ▼ 94.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼32%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Aarschot · 1 establishment unit since 1988
Ground area
352 m²
Building footprint
318 m²
Volume, LiDAR
1,536 m³
Parcel 24001A0398/00R004, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Herseltsesteenweg 137, 3200 Aarschot
since 19882.040.951.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24001A0398/00R004 | Flanders | 352 m² | 1 · 318 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded13-11-1987
Fiscal year end31-12
Contact
E-mail
katja@autoshopcoremans.be
Scores and ratios are computed by Checked and are not a credit decision.