WIM VAN DAELE
ActiveThe annual accounts of WIM VAN DAELE for fiscal year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €43k and a net result of €-85k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 538 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-83
Solvency50▼-50
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 7.09 against 3.16 in 2024; short-term debt: 7.9% and cash: 39.6% of total assets), but 75.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.6%
Return on assets
-48.7%
Age of the figures
17 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 28-11-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
10 d late
2023
28 d late
2022
19 d late
2021
87 d late
2020
14 d late
2019
10 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close16-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€43k▼ 68.6%
2024 · €136k
2019: €69k
2020: €88k
2021: €96k
2022: €124k
2023: €123k
2024: €136k
2019 → 2025
Total assets
€174k▲ 0.6%
2024 · €173k
2019: €84k
2020: €103k
2021: €171k
2022: €190k
2023: €168k
2024: €173k
2019 → 2025
Net result
€-85k
2024 · €20k
2019: €9k
2020: €19k
2021: €19k
2022: €49k
2023: €3k
2024: €20k
2019 → 2025
Working capital
€84k▲ 34.7%
2024 · €62k
2019: €59k
2020: €78k
2021: €72k
2022: €82k
2023: €59k
2024: €62k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€124k▲ 29.6%€123k▼ 0.3%€136k▲ 10.5%€43k▼ 68.6%
Operating result€24k-€68k▲ 179%€5k▼ 92.4%€29k▲ 462%€-85k
Net result€19k-€49k▲ 158%€3k▼ 93.8%€20k▲ 560%€-85k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €85k after €29k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets
€76k▼ 6.8%
Current assets
€98k▲ 7.1%
Equity and liabilities €174k
Equity
€43k▼ 68.6%
Provisions
€117k
Debt
€14k▼ 62.4%
The debt ratio falls from 21.2% to 7.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-79k▼
2024 · €36k
Cash flow
€-78k▼
2024 · €27k
Solvency
24.6%▼
2024 · 78.8%
Current ratio
7.09▲
2024 · 3.16
Quick ratio
7.09▲
2024 · 3.16
Debt / equity
0.32▲
2024 · 0.27
ROE
-197.9%▼
2024 · 14.6%
ROA
-48.7%▼
2024 · 11.5%
Interest coverage
-177.75▼
2024 · 57.71
Debt
€14k▼
2024 · €37k
Debt ≤ 1 year
€14k▼
2024 · €29k
Debt > 1 year
€0▼
2024 · €8k
Income taxes
€126▼
2024 · €9k
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€173k€174k▲
Fixed assets21/28€82k€76k▼
Tangible fixed assets22/27€82k€76k▼
Land and buildings22€70k€67k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€7k€5k▼
Other tangible fixed assets26€2k€947▼
Financial fixed assets28€0-
Current assets29/58€91k€98k▲
Amounts receivable within one year40/41€51k€26k▼
Trade receivables40€39k€18k▼
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€37k€69k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€173k€174k▲
Equity10/15€136k€43k▼
Contributions10/11€6k€6k=
Reserves13€130k€101k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€128k€99k▼
Profit (loss) carried forward14€0€-64k▼
Provisions and deferred taxes16-€117k
Provisions for liabilities and charges160/5-€117k
Other liabilities and charges164/5-€117k
Amounts payable17/49€37k€14k▼
Amounts payable after more than one year17€8k€0▼
Financial debts170/4€8k€0▼
Amounts payable within one year42/48€29k€14k▼
Current portion of amounts payable after more than one year42€17k€9k▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€11k€4k▼
Taxes450/3€11k€4k▼
Other amounts payable47/48€135€135=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€117k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€37k€40k▲
Operating profit (loss)9901€29k€-85k▼
Financial income75/76B€794€1k▲
Recurring financial income75€794€1k▲
Financial charges65/66B€616€443▼
Recurring financial charges65€616€443▼
Profit (loss) for the period before taxes9903€29k€-85k▼
Income taxes67/77€9k€126▼
Profit (loss) for the period9904€20k€-85k▼
Profit (loss) for the period to be appropriated9905€20k€-85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-85k▼
Transfer from equity791/2€7k€29k▲
Transfer to equity691/2€20k€0▼
To other reserves6921€20k€0▼
Profit to be distributed694/7€7k€9k▲
Return on contributions (dividend)694€7k€9k▲
The notes to these accounts (11 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-04
Financial
Weakest financial yearnet €-85k ▼524%
Net result drops to €-85k, the lowest in the series.
30-04
Financial
Liquidity doublescurrent ratio 7.09
Current ratio from 3.16 to 7.09; short-term debt falls from €29k to €14k.
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 10 days late
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 19 days late
30-04
Financial
Highest result since 2019net €49k ▲158%
Operating result €68k, net result €49k, both a record.
30-04
Financial
Equity above €100kEq €124k ▲29.6%
4 profitable years in a row build equity to €124k.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 14 days late
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-11
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
1 act for this company is 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, Pittem · 1 establishment unit since 2000
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.
Kouterstraat 208740 PittemGround area
351 m²
Building footprint
91 m²
Volume, LiDAR
458 m³
Parcel 37011B1155/00B003, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kouterstraat 20, 8740 Pittem
since 20002.116.052.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011B1155/00B003 | Flanders | 351 m² | 1 · 91 m² | 7.4 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.
Similar companies · same sector, comparable size
WOODWORK IN & OUT
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Bouillon · Eq €43k
RAMENCO
BE 0837.345.867
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BÂTIBOIS by GH
BE 1021.855.309
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EDENE DESIGN
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Of 1,600 companies in sector 16230 we hold annual accounts for 782. 546 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2000
Fiscal year end30-04
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
20300
22260Manufacture of rubber and plastic products
25240
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.