WILO
ActiveWILO has been active since 1957 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.88M and a net result of €-1.65M. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 36% of 309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-11
Solvency59▼-4
Growth47=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.13 in 2024), and 68.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
31.1%
Return on assets
-27.3%
Age of the figures
8 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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
13 d early
2023
37 d early
2022
32 d early
2021
51 d early
2020
81 d early
2019
80 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€20.99M▲ 2.7%
2024 · €20.43M
2018: €19.96M
2019: €18.87M
2020: €17.57M
2021: €18.96M
2022: €20.56M
2023: €20.98M
2024: €20.43M
2018 → 2025
EBIT margin
4.0%▼ 0.8pp
2024 · 4.8%
2018: 9.5%
2019: 8.6%
2020: 4.6%
2021: 5.0%
2022: 7.1%
2023: 5.1%
2024: 4.8%
2018 → 2025
Net result
€-1.65M
2024 · €13k
2018: €1.13M
2019: €809k
2020: €325k
2021: €518k
2022: €756k
2023: €570k
2024: €13k
2018 → 2025
Working capital
€1.29M▲ 235%
2024 · €385k
2018: €351k
2019: €1.14M
2020: €-199k
2021: €-316k
2022: €-239k
2023: €-173k
2024: €385k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€18.96M-€20.56M▲ 8.4%€20.98M▲ 2.0%€20.43M▼ 2.6%€20.99M▲ 2.7%
Equity€2.16M-€2.08M▼ 3.4%€2.05M▼ 1.5%€2.03M▼ 1.2%€1.88M▼ 7.3%
Operating result€955k-€1.45M▲ 52.1%€1.07M▼ 26.3%€985k▼ 8.0%€834k▼ 15.3%
Net result€518k-€756k▲ 46.0%€570k▼ 24.7%€13k▼ 97.7%€-1.65M
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 15% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.05M
Fixed assets
€1.12M▼ 47.5%
Current assets
€4.92M▲ 46.2%
Equity and liabilities €6.05M
Equity
€1.88M▼ 7.3%
Provisions
€472k▲ 4.9%
Debt
€3.70M▲ 22.0%
The debt ratio rises from 55.0% to 61.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€979k▼
2024 · €1.15M
Cash flow
€-1.50M▼
2024 · €173k
Solvency
31.1%▼
2024 · 36.8%
Current ratio
1.35▲
2024 · 1.13
Quick ratio
0.99▲
2024 · 0.78
Debt / equity
1.97▲
2024 · 1.50
ROE
-87.8%▼
2024 · 0.6%
ROA
-27.3%▼
2024 · 0.2%
Interest coverage
16.71▼
2024 · 101.32
Debt
€3.70M▲
2024 · €3.03M
Debt ≤ 1 year
€3.64M▲
2024 · €2.98M
Income taxes
€170k▼
2024 · €250k
Staff costs
€4.73M▲
2024 · €4.38M
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€5.51M€6.05M▲
Fixed assets21/28€2.14M€1.12M▼
Tangible fixed assets22/27€1.21M€1.11M▼
Land and buildings22€1.06M€996k▼
Plant, machinery and equipment23€82k€42k▼
Furniture and vehicles24€73k€69k▼
Leasing and similar rights25-€0
Financial fixed assets28€924k€15k▼
Affiliated companies280/1€909k-
Participating interests280€909k-
Other financial fixed assets284/8€15k€15k=
Amounts receivable and cash guarantees285/8€15k€15k=
Current assets29/58€3.37M€4.92M▲
Stocks and contracts in progress3€1.05M€1.33M▲
Stocks30/36€1.05M€1.33M▲
Goods purchased for resale34€1.05M€1.33M▲
Amounts receivable within one year40/41€2.30M€3.54M▲
Trade receivables40€2.30M€3.52M▲
Other amounts receivable41€2k€23k▲
Cash at bank and in hand54/58€2k€11k▲
Deferred charges and accrued income490/1€24k€41k▲
Equity and liabilities
Total equity and liabilities10/49€5.51M€6.05M▲
Equity10/15€2.03M€1.88M▼
Contributions10/11€871k€2.37M▲
Capital10€871k€2.37M▲
Issued capital100€871k€2.37M▲
Reserves13€1.15M€1.13M▼
Non-distributable reserves130/1€179k€179k=
Legal reserve130€161k€161k=
Reserves not available under the articles1311€18k€18k=
Tax-exempt reserves132€122k€97k▼
Distributable reserves133€853k€853k=
Profit (loss) carried forward14€974€-1.62M▼
Provisions and deferred taxes16€450k€472k▲
Provisions for liabilities and charges160/5€417k€447k▲
Other liabilities and charges164/5€417k€447k▲
Deferred taxes168€33k€25k▼
Amounts payable17/49€3.03M€3.70M▲
Amounts payable within one year42/48€2.98M€3.64M▲
Trade debts44€1.27M€1.18M▼
Suppliers440/4€1.27M€1.18M▼
Advances received on contracts in progress46-€15k
Taxes, remuneration and social security45€1.33M€1.46M▲
Taxes450/3€621k€651k▲
Remuneration and social security454/9€711k€814k▲
Other amounts payable47/48€387k€982k▲
Accrued charges and deferred income492/3€47k€61k▲
Income statement
Code20242025
Operating income70/76A€20.89M€21.04M▲
Turnover70€20.43M€20.99M▲
Other operating income74€462k€51k▼
Operating charges60/66A€19.91M€20.20M▲
Goods for resale, raw materials and consumables60€13.08M€12.57M▼
Purchases600/8€13.02M€12.75M▼
Change in stocks: decrease (increase)609€67k€-183k▼
Services and other goods61€2.25M€2.68M▲
Remuneration, social security and pensions62€4.38M€4.73M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160k€145k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-49k€10k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€35k€30k▼
Other operating charges640/8€45k€37k▼
Operating profit (loss)9901€985k€834k▼
Financial income75/76B€9k€464k▲
Recurring financial income75€9k€4k▼
Income from current assets751€9k€4k▼
Other financial income752/9€86€62▼
Non-recurring financial income76B-€460k
Financial charges65/66B€739k€2.78M▲
Recurring financial charges65€279k€350k▲
Debt charges650€11k€59k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€0-
Other financial charges652/9€268k€292k▲
Non-recurring financial charges66B€460k€2.43M▲
Profit (loss) for the period before taxes9903€255k€-1.49M▼
Transfer from deferred taxes780€8k€8k=
Income taxes67/77€250k€170k▼
Taxes670/3€250k€170k▼
Profit (loss) for the period9904€13k€-1.65M▼
Transfer from tax-exempt reserves789€25k€25k=
Profit (loss) for the period to be appropriated9905€38k€-1.62M▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€-1.62M▼
Profit (loss) brought forward from the previous period14P€1k€974▼
Profit to be distributed694/7€38k-
Return on contributions (dividend)694€38k-
Social balance
Average headcount (FTE)908739.239.6▲
The notes to these accounts (67 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
20-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment3 facts ▸
- General meeting, 2026-05-15
- Director resignation, Johan De Bleecker (bestuurder)
- Director appointment, Dirk Moens (bestuurder)
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-1.65M ▼12699%
Net result drops to €-1.65M, the lowest in the series.
23-12
State Gazette act
Capital & sharesCapital increase · Bank account2 facts ▸
State Gazette act
Capital & shares
Capital increase · Bank account2 facts ▸
- Capital increase, €1.500.000
- Bank account, 2025-12-08
10-11
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Auditor reappointment4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Auditor reappointment4 facts ▸
- General meeting, 2025-05-26
- Director appointment, Ünal GÖRGÜN (bestuurder)
- Auditor reappointment, 3 jaar, jaarlijkse vergadering van 2028
- Permanent representative, Pieter De Smet
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
06-01
State Gazette act
Resignations & appointmentsPermanent representative · Director resignation2 facts ▸
State Gazette act
Resignations & appointments
Permanent representative · Director resignation2 facts ▸
- Permanent representative, Pieter De Smet
- Director resignation, Ignace Robberechts
2024
22-11
State Gazette act
RestructuringGeneral meeting · Merger · Accounting effect5 facts ▸
State Gazette act
Restructuring
General meeting · Merger · Accounting effect5 facts ▸
- General meeting, 2024-10-23
- Merger
- Accounting effect, 2025-01-01
- Power of attorney, Johan De Bleecker
- Director resignation, Daniel Podgorny (bestuurder)
10-10
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment2 facts ▸
- General meeting, 2024-05-31
- Director reappointment, Johan DE BLEECKER (bestuurder)
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment7 facts ▸
- General meeting, 2022-05-25
- Director resignation, Jesper KRISTENSSON (bestuurder en voorzitter)
- Director appointment, Peter GLAUNER (bestuurder en voorzitter)
- Director resignation, Wolfgang MERTINEIT (bestuurder)
- Director appointment, Daniel PODGORNY (bestuurder)
- Auditor appointment, BDO Bedrijfsrevisoren
- Permanent representative, Ignace Robberechts
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
24-03
State Gazette act
Resignations & appointmentsBoard meeting · Statutes amendment2 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Statutes amendment2 facts ▸
- Board meeting, 2021-02-02
- Statutes amendment
2020
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
11-02
State Gazette act
Resignations & appointmentsPermanent representative · Effective condition3 facts ▸
State Gazette act
Resignations & appointments
Permanent representative · Effective condition3 facts ▸
- Permanent representative, Luc Oeyen
- Permanent representative, Melissa Carton
- Effective condition, vanaf de algemene vergadering die zich zal uitspreken over de jaarrekening afgesloten op 31 december 2019
27-01
State Gazette act
Capital & shares · Purpose · RestructuringMerger · Dissolution · Accounting effect4 facts ▸
State Gazette act
Capital & shares · Purpose · Restructuring
Merger · Dissolution · Accounting effect4 facts ▸
- Merger, 2018-12-31T23:59:00
- Dissolution, 2018-12-31T23:59:00
- Accounting effect, 2018-12-01
- Purpose change, De vennootschap heeft tot doel, in België en in het buitenland, alle hoegenaamd industriële, commerciële, financiële, roerende of onroerende verrichtingen die r…
2019
31-12
Financial
Equity above €2MEq €2.21M ▲57.7%
2 profitable years in a row build equity to €2.21M.
12-11
State Gazette act
RestructuringBoard meeting · Merger · Accounting effect5 facts ▸
State Gazette act
Restructuring
Board meeting · Merger · Accounting effect5 facts ▸
- Board meeting, 2019-10-29
- Merger, vereenvoudigde fusie door overneming, 2019-12-31
- Accounting effect, 2019-12-01
- Purpose change, De vennootschap heeft tot doel, in België en in het buitenland, alle hoegenaamde industriële, commerciële, financiële, roerende of onroerende verrichtingen die…
- Power of attorney, Johan De Bleecker
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
03-05
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative3 facts ▸
- General meeting, 2019-04-15
- Auditor reappointment, 3 jaren, na de algemene vergadering van de aandeelhouders die gehouden wordt om te beraadslagen over de rekeningen van het boekjaar 2021
- Permanent representative, Luc Oeyen
2018
25-10
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation3 facts ▸
- General meeting, 2018-10-01
- Director appointment, Johan Anna M De Bleecker (bestuurder)
- Director resignation, Dirk Moens (bestuurder)
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
22-01
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation5 facts ▸
- General meeting, 2018-01-03
- Director appointment, Jesper Thord Kristensson (voorzitter van de R.v.B.)
- Director resignation, Michael Ranft (voorzitter van de R.v.B.)
- Director appointment, Dirk Jan P Moens (bestuurder)
- Director resignation, Dimitri Klein (bestuurder)
2017
02-06
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation3 facts ▸
- General meeting, 2017-05-15
- Director appointment, Michael Ranft (voorzitter van de R.v.B.)
- Director resignation, Philippe Kohler (voorzitter van de R.v.B.)
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative5 facts ▸
- General meeting, 2016-04-22
- Auditor reappointment, 3 years, na de algemene vergadering van de aandeelhouders die de rekeningen van het boekjaar 2018 vaststelt
- Permanent representative, Luc Oeyen
- Director reappointment, Wolfgang Mertineit (bestuurder)
- Director reappointment, Philippe Kohler (voorzitter van de R.v.B.)
2013
17-12
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative4 facts ▸
- General meeting, 2013-04-26
- Auditor reappointment, 3 years, na de algemene vergadering van de aandeelhouders die de rekeningen van het boekjaar 2015 vaststelt
- Permanent representative, Luc Oeyen
- Director reappointment, Dimitri Klein (bestuurder/gedelegeerd bestuurder)
2012
10-02
State Gazette act
MiscellaneousAct type · Share conversion · Power of attorney3 facts ▸
State Gazette act
Miscellaneous
Act type · Share conversion · Power of attorney3 facts ▸
- Act type, wijziging van de statuten
- Share conversion, omzetting van de aandelen aan toonder in aandelen op naam
- Power of attorney
2011
23-06
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment3 facts ▸
- General meeting, 2011-04-28
- Director resignation, Tilman Heise (bestuurder)
- Director appointment, Wolfgang Mertineit (bestuurder)
2010
07-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment6 facts ▸
- General meeting, 2010-04-26
- Director resignation, Christof STECH (Voorzitter)
- Director appointment, Philippe KOHLER (Voorzitter)
- Director reappointment, Tilman HEISE (bestuurder)
- Auditor reappointment, 3 jaar
- Permanent representative, Luc Oeyen
2006
16-01
State Gazette act
Capital & shares · Statutes amendmentGeneral meeting · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
General meeting · Capital · Statutes amendment4 facts ▸
- General meeting, 2005-10-28
- Capital, €871.000
- Statutes amendment
- Power of attorney, Dirk MOENS
2004
26-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Auditor reappointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Auditor reappointment3 facts ▸
- General meeting, 2004-06-02
- Director appointment, Christof Stech (Bestuurder)
- Auditor reappointment, 3 jaar, 2007-06
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 directors, no change since 2026
Dirk Moens
CurrentDirector · since 15-05-2026
Ünal GÖRGÜN
CurrentDirector · since 01-01-2025
15-05-2026
Dirk Moens: Appointed as Director
30-04-2026
Johan DE BLEECKER: Resigned as Director
01-01-2025
Ünal GÖRGÜN: Appointed as Director
24-12-2024
Ignace Robberechts: Resigned
23-10-2024
Daniel PODGORNY: Resigned as Director
31-05-2024
Johan DE BLEECKER: Mandate renewed as Director
01-01-2022
Jesper KRISTENSSON: Resigned as Director
01-01-2022
Wolfgang MERTINEIT: Resigned as Director
01-10-2018
Dirk Moens: Resigned as Director
31-01-2018
Dimitri Klein: Resigned as Director
31-12-2017
Michael Ranft: Resigned as Director
28-02-2017
Philippe Kohler: Resigned as Director
24-03-2011
Tilman Heise: Resigned as Director
26-03-2010
Philippe Kohler: Appointed as Chair
26-03-2010
Christof Stech: Resigned as Chair
19-03-2009
Tilman Heise: Mandate renewed as Director
02-06-2004
Christof Stech: Appointed as Director
Location & real-estate footprint
Registered office, Ganshoren · 1 establishment unit since 1957
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.
Rusatiralaan 21083 GanshorenGround area
4,986 m²
Building footprint
1,273 m²
Volume, LiDAR
9,249 m³
Parcel 21392A0008/00Z000, Brussels · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rusatiralaan 2, 1083 Ganshoren
since 19572.037.193.703
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392A0008/00Z000 | Brussels | 4,986 m² | 1 · 1,273 m² | 10.0 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.
Statutory auditor
4 auditors| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESCurrent Auditor · represented by Pieter De Smet | 26-05-2025 → present |
Show 3 earlier auditors
| KPMG Auditor succeeded by KPMG Bedrijfsrevisoren in 2010 | 02-06-2004 → 26-04-2010 |
| KPMG Bedrijfsrevisoren Auditor · represented by Luc Oeyen succeeded by KPMG Bedrijfsrevisoren Burg. CVBA in 2013 | 26-04-2010 → 26-04-2013 |
| KPMG Bedrijfsrevisoren Burg. CVBA Auditor · represented by Luc Oeyen succeeded by BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES in 2025 | 26-04-2013 → 26-05-2025 |
Structure & network
Acquisitions and mergers
2 transactionsTook over:TUMAR
Took over:Merrem & La Porte Collignon
Capital and shareholders
Capital increase of 1,500,000 EUR · no new shares
Recognitions · licences · registrations
Recognised contractor
2 categoriesWILO NV#10227
Legal Entity Identifier
549300WWYWERN05KS777
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Of 565 companies in sector 28120 we hold annual accounts for 489. 369 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1957
Fiscal year end31-12
Activities, NACEBEL
28120Manufacture of machinery and equipment not elsewhere classified
28250Manufacture of machinery and equipment not elsewhere classified
29120
29230
28240Manufacture of machinery and equipment not elsewhere classified
29410
43211General electrical installation work
46643Wholesale of electrical equipment, including installation materials
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.