Wilvimar
ActiveSummary
Wilvimar has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €561,476 and a net result of €16,630. Equity has been stable since 2018 (±2.4% per year). Its solvency ranks better than 95% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-05-1983 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110and 3 others
- Establishment unit
- 2.022.294.107 2540 Hove, since 17-05-1983
- Financial year end
- 31 December
- Peppol
- Reachable since 26-01-2026
Board and ownership
- VANHELLEMONT JeroenDirector · since 01-01-2020
- VANHELLEMONT MarcelDirector · since 01-01-2020
- Vanhellemont Marcel100%annual accounts 2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €60,157
- ▲ 14.9%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €16,630
- ▲ 21.4%
- Equity
- €561,476
- ▲ 41.6%
- Total assets
- €580,158
- ▲ 30.4%
Score breakdownlowers riskSize: total assets €580,158Equity €561,476 (96.8% of total assets)Figures for financial year 2025 (filed on 22-07-2026)Founded in 1983Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 91% of them on solvency, 73% on liquidity, 64% on profitability and 84% on growth.
The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 51 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 43 filings
Amounts without an identifiable currency are taken as euros.
Every figure per financial year
The operating result for 2025 is 5% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9,133 | €85,498 | €14,222 | €42,667 | €183,809 |
| Depreciation and write-downs of the year | €14,456 | €18,434 | €21,527 | €22,861 | €27,313 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,406 | €16,821 | €15,867 | €14,456 | €18,434 | €21,527 | €22,861 | €27,313 | ▲ 19.5% |
| Other operating charges640/8 | - | - | - | €5,120 | €5,437 | €9,279 | €6,394 | €8,112 | ▲ 26.9% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €450 | - |
| Gross operating margin9900 | €45,680 | €6,831 | €38,504 | €36,646 | €28,761 | €33,601 | €52,374 | €60,157 | ▲ 14.9% |
| Operating profit (loss)9901 | €24,019 | -€15,157 | €13,645 | €17,070 | €4,890 | €2,794 | €23,119 | €24,282 | ▲ 5.0% |
| Financial income75/76B | - | - | - | - | - | €9,129 | €248 | €373 | ▲ 50.0% |
| Recurring financial income75 | - | €7 | - | - | - | €129 | €248 | €373 | ▲ 50.0% |
| Non-recurring financial income76B | - | - | - | - | - | €9,000 | - | - | - |
| Financial charges65/66B | - | - | - | €45 | €48 | €48 | €53 | €94 | ▲ 78.4% |
| Recurring financial charges65 | €234 | €163 | €1,274 | €45 | €48 | €48 | €53 | €94 | ▲ 78.4% |
| Profit (loss) for the period before taxes9903 | €23,785 | -€15,313 | €12,371 | €17,025 | €4,842 | €11,876 | €23,315 | €24,561 | ▲ 5.3% |
| Transfer from deferred taxes780 | - | - | - | €1,116 | €1,116 | €1,116 | €436 | - | - |
| Income taxes67/77 | €10,244 | -€654 | €200 | €5,833 | €3,894 | €5,459 | €10,049 | €7,931 | ▼ 21.1% |
| Profit (loss) for the period9904 | €14,657 | -€13,543 | €13,287 | €12,308 | €2,064 | €7,533 | €13,702 | €16,630 | ▲ 21.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €3,348 | €3,348 | €3,348 | €1,349 | - | - |
| Profit (loss) for the period to be appropriated9905 | €18,004 | -€10,195 | €16,634 | €15,656 | €5,412 | €10,881 | €15,052 | €16,630 | ▲ 10.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €375,859 | €399,540 | €394,845 | €395,619 | €408,692 | €419,183 | €444,911 | €580,158 | ▲ 30.4% |
| Fixed assets21/28 | €242,070 | €272,927 | €260,085 | €252,265 | €319,329 | €312,024 | €331,830 | €488,326 | ▲ 47.2% |
| Tangible fixed assets22/27 | €242,060 | €272,927 | €257,060 | €252,265 | €319,329 | €312,024 | €331,830 | €488,326 | ▲ 47.2% |
| Land and buildings22 | - | - | - | €252,265 | €288,991 | €288,437 | €314,994 | €478,240 | ▲ 51.8% |
| Furniture and vehicles24 | - | - | - | - | €30,338 | €23,587 | €16,836 | €10,085 | ▼ 40.1% |
| Financial fixed assets28 | €10 | - | €3,025 | - | - | - | - | - | - |
| Current assets29/58 | €133,789 | €126,613 | €134,760 | €143,354 | €89,363 | €107,159 | €113,081 | €91,832 | ▼ 18.8% |
| Amounts receivable after more than one year29 | - | - | - | - | €4,650 | - | - | - | - |
| Trade receivables290 | - | - | - | - | €4,650 | - | - | - | - |
| Amounts receivable within one year40/41 | €62,743 | €71,812 | €50,071 | €39,634 | €48,711 | €64,352 | €62,936 | €35,006 | ▼ 44.4% |
| Trade receivables40 | - | - | - | - | - | - | - | €1,342 | - |
| Other amounts receivable41 | - | - | - | €39,634 | €48,711 | €64,352 | €62,936 | €33,664 | ▼ 46.5% |
| Cash at bank and in hand54/58 | €71,046 | €48,995 | €84,689 | €103,201 | €34,233 | €39,801 | €48,074 | €52,866 | ▲ 10.0% |
| Deferred charges and accrued income490/1 | - | - | - | €519 | €1,769 | €3,006 | €2,071 | €3,960 | ▲ 91.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €375,859 | €399,540 | €394,845 | €395,619 | €408,692 | €419,183 | €444,911 | €580,158 | ▲ 30.4% |
| Equity10/15 | €361,273 | €347,730 | €361,016 | €373,324 | €375,389 | €382,922 | €396,624 | €561,476 | ▲ 41.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €37,200 | ▲ 100% |
| Reserves13 | €342,673 | €329,130 | €342,416 | €354,724 | €356,789 | €364,322 | €378,024 | €524,276 | ▲ 38.7% |
| Non-distributable reserves130/1 | - | - | - | €7,437 | €7,437 | €7,437 | €7,437 | €9,297 | ▲ 25.0% |
| Reserves not available under the articles1311 | - | - | - | €7,437 | €7,437 | €7,437 | €7,437 | €7,437 | = |
| Other1319 | - | - | - | - | - | - | - | €1,860 | - |
| Tax-exempt reserves132 | - | - | - | €8,044 | €4,697 | €1,349 | - | - | - |
| Distributable reserves133 | - | - | - | €339,243 | €344,655 | €355,536 | €370,587 | €514,979 | ▲ 39.0% |
| Provisions and deferred taxes16 | €6,015 | €4,900 | €3,784 | €2,668 | €1,552 | €436 | - | - | - |
| Deferred taxes168 | - | - | - | €2,668 | €1,552 | €436 | - | - | - |
| Amounts payable17/49 | €8,571 | €46,910 | €30,045 | €19,627 | €31,751 | €35,825 | €48,287 | €18,682 | ▼ 61.3% |
| Amounts payable within one year42/48 | €8,571 | €46,910 | €30,045 | €19,627 | €31,751 | €35,825 | €47,332 | €17,682 | ▼ 62.6% |
| Trade debts44 | - | €30,050 | €13,694 | €6,262 | €12,090 | €17,339 | €26,761 | €2,893 | ▼ 89.2% |
| Suppliers440/4 | - | - | - | €6,262 | €12,090 | €17,339 | €26,761 | €2,893 | ▼ 89.2% |
| Taxes, remuneration and social security45 | - | - | - | €1,833 | €5,726 | €6,816 | €8,901 | €359 | ▼ 96.0% |
| Taxes450/3 | - | - | - | €1,833 | €5,726 | €6,816 | €8,901 | €359 | ▼ 96.0% |
| Other amounts payable47/48 | - | - | - | €11,532 | €13,935 | €11,670 | €11,670 | €14,430 | ▲ 23.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €955 | €1,000 | ▲ 4.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,657 | -€13,543 | €13,287 | €12,308 | €2,064 | €7,533 | €13,702 | €16,630 | ▲ 21.4% |
| + Depreciation and write-downs630 | €16,406 | €16,821 | €15,867 | €14,456 | €18,434 | €21,527 | €22,861 | €27,313 | ▲ 19.5% |
| Operating cash flow (approximation) | €31,063 | €3,278 | €29,154 | €26,764 | €20,498 | €29,060 | €36,563 | €43,943 | ▲ 20.2% |
| Investment in fixed assets (approximation) | - | -€47,678 | -€3,025 | -€6,636 | -€85,498 | -€14,222 | -€42,667 | -€183,809 | ▼ 331% |
| Change in cash | - | -€22,051 | €35,694 | €18,512 | -€68,968 | €5,568 | €8,273 | €4,792 | ▼ 42.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as Wilvimar has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Wilvimar itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for Wilvimar. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00321959 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00222575 | |
| 31-12-2023 | abbreviated format | 03-07-2024 | 2024-00206241 | |
| 31-12-2022 | abbreviated format | 30-05-2023 | 2023-00097510 | |
| 31-12-2021 | abbreviated format | 24-05-2022 | 2022-20032900 | |
| 31-12-2020 | abbreviated format | 12-05-2021 | 2021-13900246 | |
| 31-12-2019 | abbreviated format | 07-05-2020 | 2020-11500445 | |
| 31-12-2018 | abbreviated format | 30-04-2019 | 2019-11000123 | |
| 31-12-2017 | abbreviated format | 03-05-2018 | 2018-11600180 | |
| 31-12-2016 | abbreviated format | 05-05-2017 | 2017-11200131 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Vanhellemont Marcelnatural personSourceown accounts 2023100%
Capital transactions
- VANHELLEMONT Marcel all shares
- VANHELLEMONT Marcel 3,000 shares · 100,00%
- 09-05-2025 Capital stated in the deed · €18,600 · 3,000 shares
- 20-01-2022 Converted to unavailable equity · €18,600
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| VANHELLEMONT Jeroen |
|
| VANHELLEMONT Marcel |
|
Network & group
Acquisitions and mergers
1 transactionConnections & network
2 current directorsThe network starts from the directors of Wilvimar. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
29-07
Gazette deed
Merger: WILVIMAR takes over BOUWWERKEN VANHELLEMONT M.Issue of 1,121 shares · VANHELLEMONT Marcel holds 1,121 shares · VANHELLEMONT Marcel holds all the shares4 points ▸
- General meeting, 25-06-2025
- VANHELLEMONT Marcel holds 1,121 shares
- Auditor report, 09-06-2025
- VANHELLEMONT Marcel holds all the shares
- The act holds 10 more points.
09-05
Gazette deed
Merger proposal: Wilvimar takes over BOUWWERKEN VANHELLEMONT M.VANHELLEMONT Marcel holds 750 shares · VANHELLEMONT Marcel holds 3,000 shares · VANHELLEMONT Marcel holds 4,121 shares8 points ▸
- Board composition, VANHELLEMONT Marcel (director), mentioned 2 times in the deed
- Board composition, VANHELLEMONT Jeroen (director), mentioned 2 times in the deed
- Capital, €18,600, 750 shares
- Capital, €18,600, 3,000 shares
- Accounting effect, 01-01-2025
- VANHELLEMONT Marcel holds 750 shares
- VANHELLEMONT Marcel holds 3,000 shares
- VANHELLEMONT Marcel holds 4,121 shares
- The act holds 11 more points.
20-01
Gazette deed
2 directors resigning, 2 reappointedResignations: VANHELLEMONT Marcel (statutory manager) and VANHELLEMONT Jeroen (statutory manager) · Reappointments: VANHELLEMONT Marcel (statutory director) and VANHELLEMONT Jeroen (statutory director)9 points ▸
- General meeting, 17-01-2022
- Director resignation, VANHELLEMONT Marcel (statutory manager)
- Director resignation, VANHELLEMONT Jeroen (statutory manager)
- Director reappointment, VANHELLEMONT Marcel (statutory director)
- Director reappointment, VANHELLEMONT Jeroen (statutory director)
- 3,000 shares
- Board composition, VANHELLEMONT Marcel (statutory director)
- Board composition, VANHELLEMONT Jeroen (statutory director)
- Registered office clause, Lintsesteenweg 461, 2540 Hove
- The act holds 5 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
3 activities
- Hetzij voor eigen rekening, hetzij voor rekening van derden hetzij bij deelneming, alle roerende en onroerende verrichtingen te doen; namelijk het huren, verhuren, kopen, verkopen, bouwen en verbouwen, laten bouwen en laten verbouwen, het uitbaten en het in waarde brengen van alle eigendommen en gronden, het beheer van alle roerende en onroerende goederen, alsmede het ontwikkelen en realiseren van verkavelingen en andere onroerende projecten, het bemiddelen bij alle leningen, financieringen, leasing en andere financiële contracten, verzekeringen en aanverwanten, zowel in het binnenland als in het buitenland.
- De vennootschap mag voor eigen rekening en/of voor rekening van derden alle commerciële, industriële, financiële, roerende en onroerende handelingen verrichten, die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband houdend met haar maatschappelijk voorwerp, en die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden.
- Zij mag aan alle ondernemingen, verenigingen of vennootschappen deelnemen die een gelijksoortig of bijkomend voorwerp nastreven of die eenvoudig nuttig zijn tot de gehele of gedeeltelijke verwezenlijking van haar maatschappelijk voorwerp.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11021B0185/00V000 | Flanders | 367 m² | 1 · 611 m² | 8.8 m · 1 |