WILBOW
ActiveWILBOW has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.92M and a net result of €209k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 77% of 296 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-11
Solvency85▼-10
Growth51▲+5
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 2.89 against 3.71 in 2024; short-term debt: 26.6% and cash: 4.2% of total assets), and 39.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
60.2%
Return on assets
6.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
59 d early
2023
54 d early
2022
42 d early
2021
33 d early
2020
31 d early
2019
31 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.79M▲ 13.5%
2024 · €2.46M
2022: €2.45M
2023: €2.77M
2024: €2.46M
2022 → 2025
EBIT margin
10.3%▼ 10.8pp
2024 · 21.1%
2022: 33.3%
2023: 33.4%
2024: 21.1%
2022 → 2025
Net result
€209k▼ 44.2%
2024 · €376k
2018: €546k
2019: €312k
2020: €492k
2021: €702k
2022: €622k
2023: €683k
2024: €376k
2018 → 2025
Working capital
€1.60M▲ 18.6%
2024 · €1.35M
2018: €770k
2019: €1.13M
2020: €1.36M
2021: €1.07M
2022: €1.28M
2023: €1.26M
2024: €1.35M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.45M€2.77M▲ 13.3%€2.46M▼ 11.2%€2.79M▲ 13.5%
Equity€1.82M-€1.83M▲ 0.2%€1.83M▼ 0.1%€1.93M▲ 5.4%€1.92M▼ 0.1%
Operating result€945k-€813k▼ 14.0%€927k▲ 13.9%€518k▼ 44.1%€288k▼ 44.5%
Net result€702k-€622k▼ 11.3%€683k▲ 9.7%€376k▼ 45.0%€209k▼ 44.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 44% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.20M
Fixed assets
€744k▼ 15.9%
Current assets
€2.45M▲ 32.5%
Equity and liabilities €3.20M
Equity
€1.92M▼ 0.1%
Provisions
€0▼ 100%
Debt
€1.27M▲ 57.5%
The debt ratio rises from 29.5% to 39.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€460k▼
2024 · €707k
Cash flow
€382k▼
2024 · €564k
Solvency
60.2%▼
2024 · 70.4%
Current ratio
2.89▼
2024 · 3.71
Quick ratio
1.50▼
2024 · 1.86
Debt / equity
0.66▲
2024 · 0.42
ROE
10.9%▼
2024 · 19.5%
ROA
6.6%▼
2024 · 13.7%
Interest coverage
49.10▼
2024 · 53.73
Debt
€1.27M▲
2024 · €808k
Debt ≤ 1 year
€850k▲
2024 · €499k
Debt > 1 year
€223k▼
2024 · €309k
Income taxes
€73k▼
2024 · €132k
Staff costs
€913k▲
2024 · €839k
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€2.74M€3.20M▲
Fixed assets21/28€885k€744k▼
Tangible fixed assets22/27€868k€727k▼
Land and buildings22€569k€522k▼
Plant, machinery and equipment23€122k€78k▼
Furniture and vehicles24€168k€123k▼
Other tangible fixed assets26€9k€4k▼
Financial fixed assets28€17k€17k=
Current assets29/58€1.85M€2.45M▲
Stocks and contracts in progress3€920k€1.18M▲
Stocks30/36€920k€1.18M▲
Amounts receivable within one year40/41€607k€1.09M▲
Trade receivables40€484k€876k▲
Other amounts receivable41€123k€213k▲
Cash at bank and in hand54/58€279k€134k▼
Deferred charges and accrued income490/1€44k€48k▲
Equity and liabilities
Total equity and liabilities10/49€2.74M€3.20M▲
Equity10/15€1.93M€1.92M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.86M€1.86M=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€105k€105k=
Distributable reserves133€1.75M€1.75M=
Profit (loss) carried forward14€180€73▼
Investment grants15€3k-
Provisions and deferred taxes16€927-
Deferred taxes168€927-
Amounts payable17/49€808k€1.27M▲
Amounts payable after more than one year17€309k€223k▼
Financial debts170/4€309k€223k▼
Amounts payable within one year42/48€499k€850k▲
Current portion of amounts payable after more than one year42€115k€86k▼
Trade debts44€63k€210k▲
Suppliers440/4€63k€210k▲
Taxes, remuneration and social security45€13k€26k▲
Remuneration and social security454/9€13k€26k▲
Other amounts payable47/48€307k€528k▲
Accrued charges and deferred income492/3-€200k
Income statement
Code20242025
Turnover70€2.46M€2.79M▲
Goods, raw materials, services and sundry goods60/61€900k€1.41M▲
Remuneration, social security and pensions62€839k€913k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€189k€172k▼
Other operating charges640/8€15k€14k▼
Gross operating margin9900€1.56M€1.39M▼
Operating profit (loss)9901€518k€288k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€508k€281k▼
Transfer from deferred taxes780-€927
Income taxes67/77€132k€73k▼
Profit (loss) for the period9904€376k€209k▼
Transfer to tax-exempt reserves689€105k-
Profit (loss) for the period to be appropriated9905€270k€209k▼
Appropriation of the result
Profit (loss) to be appropriated9906€277k€210k▼
Profit (loss) brought forward from the previous period14P€7k€180▼
Profit to be distributed694/7€277k€210k▼
Return on contributions (dividend)694€277k€210k▼
Social balance
Average headcount (FTE)908711.813.8▲
The notes to these accounts (10 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €209k ▼44.2%
Net result drops to €209k, the lowest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €702k ▲42.8%
Operating result €945k, net result €702k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 8.47
Current ratio from 2.45 to 8.47; short-term debt falls from €532k to €152k.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 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, Neupré · 1 establishment unit since 2014
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.
Tige Manchère(N) 94121 NeupréGround area
1,015 m²
Building footprint
104 m²
Volume, LiDAR
576 m³
Parcel 61044C0442/00E003, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tige Manchère(N) 9, 4121 Neupré
since 20142.223.854.761
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61044C0442/00E003 | Wallonia | 1,015 m² | 1 · 104 m² | 7.5 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
Recognised contractor
16 categoriesWILBOW SA40574
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Of 1,823 companies in sector 42220 we hold annual accounts for 958. 303 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-09-2013
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
13100Manufacture of textiles
43120Site preparation
43331Floor and wall tiling
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.