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WILMARFOK

Active
Private limited companyfounded 2006active for 20 yearsBedelfstraat 2, 8750 Wingene, BelgiumKBO/BCE: BE 0879.950.346
Summary

WILMARFOK has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€106,642) and a net result of -€183,739. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 2,036 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00495276.

Equity
-€106,642
2024 · €77,097
Total assets
€926,045▲ 10.7%
2024 · €836,540
Net result
-€183,739
2024 · €69,884
Working capital
-€333,957▼ 113%
2024 · -€156,940
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €175,775 after €81,701 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.2m 2025 Net result-€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.06m-€0.04m-€0.07m-€0.08m▼ 10.1%-€0.05m▲ 32.0%€0.3m€0.08m▼ 67.3%-€0.2m
Net result-€0.08m-€0.03m-€0.08mbelow the sector's middle half-€0.09mbelow the sector's middle half▼ 7.0%-€0.06mbelow the sector's middle half▲ 31.0%€0.2mwithin the sector's middle half€0.07mwithin the sector's middle half▼ 70.5%-€0.2mbelow the sector's middle half
Equity-€0.02m-€0.004m-€0.08mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 112%-€0.2mbelow the sector's middle half▼ 36.4%€0.007mbelow the sector's middle half€0.08mbelow the sector's middle half▲ 969%-€0.1mbelow the sector's middle half
Total assets€1.0m-€1.1m▲ 3.7%€1.1mwithin the sector's middle half▼ 2.6%€0.8mwithin the sector's middle half▼ 24.5%€0.9mwithin the sector's middle half▲ 10.7%€0.9mbelow the sector's middle half▼ 1.7%€0.8mbelow the sector's middle half▼ 3.3%€0.9mwithin the sector's middle half▲ 10.7%
Debt€1.1m-€1.1m▲ 1.1%€1.1m▲ 5.1%€1.0m▼ 15.0%€1.1m▲ 15.2%€0.9m▼ 22.7%€0.8m▼ 11.4%€1.0m▲ 36.0%
Working capital-€0.4m--€0.3m▲ 25.4%-€0.4mbelow the sector's middle half▼ 45.0%-€0.3mbelow the sector's middle half▲ 31.6%-€0.4mbelow the sector's middle half▼ 31.4%-€0.2mbelow the sector's middle half▲ 56.0%-€0.2mbelow the sector's middle half▲ 4.3%-€0.3mbelow the sector's middle half▼ 113%
Solvency-2.3%-0.3%▲ 2.6pp-7.5%below the sector's middle half▼ 7.9pp-21.2%below the sector's middle half▼ 13.6pp-26.1%below the sector's middle half▼ 4.9pp0.8%below the sector's middle half▲ 26.9pp9.2%below the sector's middle half▲ 8.4pp-11.5%below the sector's middle half▼ 20.7pp
Current ratio0.49-0.60▲ 0.110.52below the sector's middle half▼ 0.080.49below the sector's middle half▼ 0.040.53below the sector's middle half▲ 0.050.75below the sector's middle half▲ 0.210.75below the sector's middle half▲ 0.010.46below the sector's middle half▼ 0.30
Return on assets (ROA)-7.5%-2.5%▲ 10.0pp-7.9%below the sector's middle half▼ 10.4pp-11.2%below the sector's middle half▼ 3.3pp-7.0%below the sector's middle half▲ 4.2pp27.4%above the sector's middle half▲ 34.4pp8.4%within the sector's middle half▼ 19.0pp-19.8%below the sector's middle half▼ 28.2pp
Staff (FTE)0below the sector's middle half
above within below the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €926,045
Fixed assets €646,837 ▲ 78.0%
Current assets €279,208 ▼ 41.0%
Equity and liabilities
Equity-€106,642
Debt€1.0m
Equity is negative: debt (€1.0m) exceeds the balance-sheet total (€926,045).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€121,104▼
2024 · €154,631
Cash flow
-€129,068▼
2024 · €142,814
Quick ratio
0.25▼
2024 · 0.32
Interest coverage
-12.26▼
2024 · 14.87
Debt ≤ 1 year
€613,165▼
2024 · €630,008
Debt > 1 year
€418,660▲
2024 · €128,455
Income taxes
-€289▼
2024 · €1,447
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 678 companies that looked in July 2024 the way this one looks now, 6.8% went bankrupt within 24 months and 84.5% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
6.8% went bankrupt
6.2% stopped otherwise
84.5% still going

A further 2.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 678 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.8m€0.9m▲
Fixed assets21/28€0.4m€0.6m▲
Tangible fixed assets22/27€0.4m€0.6m▲
Land and buildings22€0.3m€0.5m▲
Plant, machinery and equipment23€0.05m€0.08m▲
Furniture and vehicles24€0.01m€0.02m▲
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.5m€0.3m▼
Stocks and contracts in progress3€0.3m€0.1m▼
Stocks30/36€0.3m€0.1m▼
Amounts receivable within one year40/41€0.1m€0.07m▼
Trade receivables40€0.1m€0.007m▼
Other amounts receivable41€0.02m€0.06m▲
Cash at bank and in hand54/58€0.06m€0.08m▲
Deferred charges and accrued income490/1€0.003m€0.003m▲
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.9m▲
Equity10/15€0.08m-€0.1m▼
Contributions10/11€0.006m€0.006m=
Reserves13€0.003m€0.003m=
Non-distributable reserves130/1€0.003m€0.003m=
Reserves not available under the articles1311€0.003m€0.003m=
Profit (loss) carried forward14€0.07m-€0.1m▼
Amounts payable17/49€0.8m€1.0m▲
Amounts payable after more than one year17€0.1m€0.4m▲
Financial debts170/4€0.1m€0.4m▲
Amounts payable within one year42/48€0.6m€0.6m▼
Current portion of amounts payable after more than one year42€0.09m€0.07m▼
Financial debts43€0.04m€0▼
Credit institutions430/8€0.04m€0▼
Trade debts44€0.4m€0.5m▲
Suppliers440/4€0.4m€0.5m▲
Taxes, remuneration and social security45€0.002m€0.002m▼
Taxes450/3€0.002m€0.001m▼
Remuneration and social security454/9-€0.001m
Other amounts payable47/48€0.08m€0.08m▲
Accrued charges and deferred income492/3€0.001m€0.001m▼
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.07m€0.05m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.005m€0▲
Other operating charges640/8€0.007m€0.006m▼
Non-recurring operating charges66A-€0.04m
Gross operating margin9900€0.2m-€0.08m▼
Operating profit (loss)9901€0.08m-€0.2m▼
Financial income75/76B€29€0.002m▲
Recurring financial income75€29€0.002m▲
Financial charges65/66B€0.01m€0.01m▼
Recurring financial charges65€0.01m€0.01m▼
Profit (loss) for the period before taxes9903€0.07m-€0.2m▼
Income taxes67/77€0.001m-€289▼
Profit (loss) for the period9904€0.07m-€0.2m▼
Profit (loss) for the period to be appropriated9905€0.07m-€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.07m-€0.1m▼
Profit (loss) brought forward from the previous period14P-€0.002m€0.07m▲
Social balance sheet
Average headcount (FTE)9087-0.0

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62----€464€453€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68,560€72,938€74,851€76,606€72,207€72,722€72,930€54,671▼ 25.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€5,120-€5,120-€5,120-€5,120€0-
Other operating charges640/8---€5,769€9,312€7,840€6,701€6,203▼ 7.4%
Non-recurring operating charges66A-------€37,097-
Gross operating margin9900€14,143€188,096€12,372€1,244€25,160€326,044€156,212-€77,803-
Operating profit (loss)9901-€59,251€44,960-€69,033-€76,011-€51,702€250,149€81,701-€175,775-
Financial income75/76B---€8€7€140€29€1,622▲ 5,550%
Recurring financial income75€132€2€0€8€7€140€29€1,622▲ 5,550%
Financial charges65/66B---€12,887€9,634€13,451€10,398€9,875▼ 5.0%
Recurring financial charges65€18,531€17,507€14,043€12,887€9,634€13,451€10,398€9,875▼ 5.0%
Profit (loss) for the period before taxes9903-€77,649€27,454-€83,076-€88,889-€61,329€236,839€71,332-€184,028-
Income taxes67/77------€1,447-€289-
Profit (loss) for the period9904-€77,649€27,454-€83,076-€88,889-€61,329€236,839€69,884-€183,739-
Profit (loss) for the period to be appropriated9905-€77,649€27,454-€83,076-€88,889-€61,329€236,839€69,884-€183,739-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.0m€1.1m€1.1m€0.8m€0.9m€0.9m€0.8m€0.9m▲ 10.7%
Fixed assets21/28€0.7m€0.6m€0.6m€0.5m€0.5m€0.4m€0.4m€0.6m▲ 78.0%
Tangible fixed assets22/27€0.7m€0.6m€0.6m€0.5m€0.5m€0.4m€0.4m€0.6m▲ 78.2%
Land and buildings22---€0.4m€0.4m€0.3m€0.3m€0.5m▲ 78.6%
Plant, machinery and equipment23---€0.04m€0.03m€0.02m€0.05m€0.08m▲ 85.0%
Furniture and vehicles24---€0.04m€0.03m€0.02m€0.01m€0.02m▲ 49.3%
Financial fixed assets28€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.4m€0.4m€0.5m€0.3m€0.4m€0.5m€0.5m€0.3m▼ 41.0%
Stocks and contracts in progress3€0.3m€0.4m€0.3m€0.2m€0.3m€0.4m€0.3m€0.1m▼ 53.3%
Stocks30/36---€0.2m€0.3m€0.4m€0.3m€0.1m▼ 53.3%
Amounts receivable within one year40/41€0.09m€0.06m€0.08m€0.05m€0.1m€0.008m€0.1m€0.07m▼ 52.4%
Trade receivables40---€0.05m€0.1m€0.008m€0.1m€0.007m▼ 94.5%
Other amounts receivable41---€254€262€0.001m€0.02m€0.06m▲ 224%
Cash at bank and in hand54/58€0.007m€0.02m€0.05m€0.02m€0.007m€0.02m€0.06m€0.08m▲ 37.0%
Deferred charges and accrued income490/1---€0.002m€0.003m€0.003m€0.003m€0.003m▲ 14.8%
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.1m€1.1m€0.8m€0.9m€0.9m€0.8m€0.9m▲ 10.7%
Equity10/15-€0.02m€0.004m-€0.08m-€0.2m-€0.2m€0.007m€0.08m-€0.1m-
Contributions10/11€0.006m€0.006m-€0.006m€0.006m€0.006m€0.006m€0.006m=
Reserves13€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m=
Non-distributable reserves130/1---€0.003m€0.003m€0.003m€0.003m€0.003m=
Reserves not available under the articles1311---€0.003m€0.003m€0.003m€0.003m€0.003m=
Profit (loss) carried forward14-€0.03m-€0.005m-€0.09m-€0.2m-€0.2m-€0.002m€0.07m-€0.1m-
Amounts payable17/49€1.1m€1.1m€1.1m€1.0m€1.1m€0.9m€0.8m€1.0m▲ 36.0%
Amounts payable after more than one year17€0.3m€0.4m€0.3m€0.4m€0.3m€0.2m€0.1m€0.4m▲ 226%
Financial debts170/4---€0.4m€0.3m€0.2m€0.1m€0.4m▲ 226%
Amounts payable within one year42/48€0.8m€0.7m€0.9m€0.6m€0.8m€0.6m€0.6m€0.6m▼ 2.7%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.09m€0.09m€0.07m▼ 12.5%
Financial debts43---€0.1m€0.1m€0.07m€0.04m€0▼ 100%
Credit institutions430/8---€0.1m€0.1m€0.07m€0.04m€0▼ 100%
Trade debts44€0.5m€0.5m€0.7m€0.3m€0.5m€0.4m€0.4m€0.5m▲ 7.6%
Suppliers440/4---€0.3m€0.5m€0.4m€0.4m€0.5m▲ 7.6%
Taxes, remuneration and social security45---€0.005m€0.003m€0.001m€0.002m€0.002m▼ 31.3%
Taxes450/3---€0.005m€0.003m€0.001m€0.002m€0.001m▼ 75.0%
Remuneration and social security454/9-------€0.001m-
Other amounts payable47/48---€0.07m€0.07m€0.08m€0.08m€0.08m▲ 2.8%
Accrued charges and deferred income492/3---€0.003m€0-€0.001m€0.001m▼ 12.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€77,649€27,454-€83,076-€88,889-€61,329€236,839€69,884-€183,739-
+ Depreciation and write-downs630€68,560€72,938€74,851€76,606€72,207€72,722€72,930€54,671▼ 25.0%
Operating cash flow (approximation)-€9,090€100,393-€8,225-€12,283€10,878€309,560€142,814-€129,068-
Investment in fixed assets (approximation)--€51,676-€23,851-€6,256€0-€5,994-€50,815-€338,038▼ 565%
Change in cash-€8,219€32,580-€30,356-€10,529€11,613€42,401€22,557▼ 46.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 26-08-2026 2026-00495276
31-12-2024 abbreviated format 13-06-2025 2025-00159685
31-12-2023 abbreviated format 17-06-2024 2024-00154761
31-12-2022 abbreviated format 12-07-2023 2023-00248864
31-12-2021 abbreviated format 15-06-2022 2022-20072723
31-12-2020 abbreviated format 08-07-2021 2021-34800542
31-12-2019 abbreviated format 30-06-2020 2020-26600429
31-12-2018 abbreviated format 17-07-2019 2019-35200488
31-12-2017 abbreviated format 29-06-2018 2018-26800200
31-12-2016 micro format 11-07-2017 2017-30900429

Show all 19 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 894 active companies whose main activity is pig breeding farms (NACE 01461), figures are known for 297. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €1,482 awarded · €1,482 paid
Schemes
1 entry · €1,482 · €1,482 paid · Agentschap Landbouw en Zeevisserij

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.