WILVO
ActiveSummary
WILVO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €826k and a net result of €75k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 37% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+9
Solvency43▼-9
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.61 in 2024; short-term debt: 48.3% and cash: 4% of total assets), and 81.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
18.5%
Return on assets
1.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
49 d early
2023
54 d early
2022
48 d early
2021
40 d early
2020
47 d early
2019
22 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€826k▼ 21.8%
2024 · €1.06M
2019: €953k
2020: €1.04M
2021: €1.08M
2022: €1.15M
2023: €1.09M
2024: €1.06M
2019 → 2025
Total assets
€4.47M▲ 13.8%
2024 · €3.93M
2019: €4.28M
2020: €4.14M
2021: €5.02M
2022: €4.78M
2023: €4.04M
2024: €3.93M
2019 → 2025
Net result
€75k▲ 172%
2024 · €28k
2019: €97k
2020: €81k
2021: €34k
2022: €141k
2023: €-3k
2024: €28k
2019 → 2025
Working capital
€-952k▼ 25.5%
2024 · €-758k
2019: €-1.97M
2020: €-509k
2021: €-447k
2022: €-313k
2023: €-749k
2024: €-758k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.08M-€1.15M▲ 7.1%€1.09M▼ 5.6%€1.06M▼ 3.0%€826k▼ 21.8%
Operating result€134k-€272k▲ 102%€74k▼ 72.8%€134k▲ 81.3%€205k▲ 53.2%
Net result€34k-€141k▲ 312%€-3k€28k€75k▲ 172%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.47M
Fixed assets
€3.26M ▲ 17.9%
Current assets
€1.21M ▲ 3.8%
Equity and liabilities €4.47M
Equity
€826k ▼ 21.8%
Provisions
€18k ▼ 24.0%
Debt
€3.63M ▲ 27.3%
Debt's share of the balance-sheet total rises from 72.5% to 81.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€479k▲
2024 · €317k
Cash flow
€349k▲
2024 · €211k
Current ratio
0.56▼
2024 · 0.61
Debt to equity
4.39▲
2024 · 2.70
ROE
9.1%▲
2024 · 2.6%
ROA
1.7%▲
2024 · 0.7%
Interest coverage
4.20▲
2024 · 3.24
Debt ≤ 1 year
€2.16M▲
2024 · €1.92M
Debt > 1 year
€1.31M▲
2024 · €800k
Income taxes
€46k▲
2024 · €21k
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 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.93M€4.47M▲
Fixed assets21/28€2.77M€3.26M▲
Tangible fixed assets22/27€2.74M€3.24M▲
Land and buildings22€2.67M€3.17M▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€39k€31k▼
Other tangible fixed assets26€31k€39k▲
Financial fixed assets28€24k€24k=
Current assets29/58€1.16M€1.21M▲
Amounts receivable within one year40/41€381k€393k▲
Trade receivables40€132k€132k=
Other amounts receivable41€249k€260k▲
Cash at bank and in hand54/58€106k€178k▲
Deferred charges and accrued income490/1€676k€637k▼
Equity and liabilities
Total equity and liabilities10/49€3.93M€4.47M▲
Equity10/15€1.06M€826k▼
Contributions10/11€601k€601k=
Capital10€601k€601k=
Issued capital100€601k€601k=
Reserves13€455k€225k▼
Non-distributable reserves130/1€48k€53k▲
Legal reserve130€48k€53k▲
Tax-exempt reserves132€71k€54k▼
Distributable reserves133€336k€117k▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€24k€18k▼
Deferred taxes168€24k€18k▼
Amounts payable17/49€2.85M€3.63M▲
Amounts payable after more than one year17€800k€1.31M▲
Financial debts170/4€0€558k▲
Other amounts payable178/9€800k€750k▼
Amounts payable within one year42/48€1.92M€2.16M▲
Current portion of amounts payable after more than one year42€33k€65k▲
Trade debts44€509k€466k▼
Suppliers440/4€509k€466k▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€1.37M€1.62M▲
Accrued charges and deferred income492/3€128k€159k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183k€274k▲
Other operating charges640/8€31k€44k▲
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€352k€523k▲
Operating profit (loss)9901€134k€205k▲
Financial income75/76B€7k€24k▲
Recurring financial income75€7k€24k▲
Financial charges65/66B€98k€114k▲
Recurring financial charges65€98k€114k▲
Profit (loss) for the period before taxes9903€43k€115k▲
Transfer from deferred taxes780€6k€6k=
Income taxes67/77€21k€46k▲
Profit (loss) for the period9904€28k€75k▲
Transfer from tax-exempt reserves789€17k€17k=
Profit (loss) for the period to be appropriated9905€45k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€93k▲
Transfer from equity791/2€60k€306k▲
Transfer to equity691/2€45k€93k▲
To the legal reserve6920€10k€24k▲
To other reserves6921€35k€69k▲
Profit to be distributed694/7€60k€306k▲
Return on contributions (dividend)694€60k€306k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (22 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-3k ▼102%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €141k ▲312%
Operating result €272k, net result €141k, both a record.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Equity above €1MEq €1.04M ▲9.4%
2 profitable years in a row build equity to €1.04M.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
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.
Directors · office · real estate
Directors
5 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, Ingelmunster · 1 establishment unit since 1988
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.
Nijverheidstraat 2A8770 IngelmunsterGround area
2,129 m²
Building footprint
1,180 m²
Volume, LiDAR
5,497 m³
Parcel 36007B0950/00X004, Flanders · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NV WILVO
since 19882.031.047.168
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007B0950/00X004 | Flanders | 2,129 m² | 1 · 1,180 m² | 5.6 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.
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Meylemans
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Zaventem · Eq €824,628
Lafaut Real Estate
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SHOCC
BE 1007.771.996
Brugge · Eq €823,411
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-08-1987
Fiscal year end30-06
Activities, NACEBEL 2025
68110Buying and selling of own real estate
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.