BOUWONDERNEMING FILIP WILLEMS
ActiveSummary
BOUWONDERNEMING FILIP WILLEMS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-35k) and a net result of €27k. Equity is shrinking by ~37.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.54 in 2023; short-term debt: 217.2% and cash: 7.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-117.2%
Return on assets
89.2%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
30 d late
2022
396 d late
2021
401 d late
2020
93 d late
2019
346 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-35k▲ 43.2%
2023 · €-62k
2018: €3k
2019: €-22k
2020: €-5k
2021: €-17k
2022: €-17k
2023: €-62k
2018 → 2024
Total assets
€30k▼ 53.6%
2023 · €65k
2018: €142k
2019: €140k
2020: €147k
2021: €132k
2022: €75k
2023: €65k
2018 → 2024
Net result
€27k
2023 · €-45k
2018: €27k
2019: €-25k
2020: €17k
2021: €-11k
2022: €-166
2023: €-45k
2018 → 2024
Working capital
€-37k▲ 30.8%
2023 · €-53k
2018: €1k
2019: €-33k
2020: €-12k
2021: €-22k
2022: €-16k
2023: €-53k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-5k-€-17k▼ 224%€-17k▼ 1.0%€-62k▼ 272%€-35k▲ 43.2%
Operating result€18k-€-10k€-1k▲ 87.8%€-44k▼ 3,382%€27k
Net result€17k-€-11k€-166▲ 98.5%€-45k▼ 27,302%€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €27k after a loss of €44k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30k
Fixed assets
€1k ▼ 51.4%
Current assets
€29k ▼ 53.7%
Key figures and ratios
EBITDA
€29k▲
2023 · €-39k
Cash flow
€28k▲
2023 · €-40k
Solvency
-117.2%▼
2023 · -95.7%
Current ratio
0.44▼
2023 · 0.54
Quick ratio
0.23▼
2023 · 0.42
Debt to equity
-1.85▲
2023 · -2.05
ROA
89.2%▲
2023 · -70.0%
Interest coverage
96.38▲
2023 · -41.14
Debt
€65k▼
2023 · €127k
Debt ≤ 1 year
€65k▼
2023 · €115k
Income taxes
€107▼
2023 · €356
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 · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€65k€30k▼
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€62k€29k▼
Stocks and contracts in progress3€14k€14k=
Stocks30/36€14k€14k=
Amounts receivable within one year40/41€46k€11k▼
Trade receivables40€46k€9k▼
Other amounts receivable41€541€1k▲
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€65k€30k▼
Equity10/15€-62k€-35k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-83k€-56k▲
Amounts payable17/49€127k€65k▼
Amounts payable within one year42/48€115k€65k▼
Current portion of amounts payable after more than one year42€716-
Trade debts44€41k€4k▼
Suppliers440/4€41k€4k▼
Taxes, remuneration and social security45€2k€298▼
Taxes450/3€2k€298▼
Other amounts payable47/48€71k€61k▼
Accrued charges and deferred income492/3€12k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€785
Other operating charges640/8€12k€1k▼
Gross operating margin9900€-27k€31k▲
Operating profit (loss)9901€-44k€27k▲
Financial income75/76B€181€1▼
Recurring financial income75€181€1▼
Financial charges65/66B€954€296▼
Recurring financial charges65€954€296▼
Profit (loss) for the period before taxes9903€-45k€27k▲
Income taxes67/77€356€107▼
Profit (loss) for the period9904€-45k€27k▲
Profit (loss) for the period to be appropriated9905€-45k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-83k€-56k▲
Profit (loss) brought forward from the previous period14P€-37k€-83k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 396 days late
2023
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 401 days late
2021
01-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 93 days late
12-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 346 days late
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Maasmechelen · 1 establishment unit since 2007
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.
Rodenbachstraat(M) 113630 MaasmechelenGround area
604 m²
Building footprint
209 m²
Volume, LiDAR
1,008 m³
Parcel 73048B0857/00P000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOUWONDERNEMING FILIP WILLEMS
since 20072.170.225.144
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048B0857/00P000 | Flanders | 604 m² | 1 · 209 m² | 9.7 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedWerfbediener (so)
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 4,163 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 formPrivate limited company
Founded27-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.