WILGELOVER
WILGELOVER has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.82M and a net result of €742k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 83% of 8920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €8.82M |
| Net result | €742k |
| Better than sector | 83% |
| Active | 51 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 77.2% | 31.5% | |
| Net result | €742k | €11k | |
| Equity | €8.82M | €330k | |
| Gross operating margin | €1.48M | €93k | |
| Employees (FTE) | 0.0 | 0.0 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €1.21M | €1.44M | €1.42M | €1.35M | €1.53M |
| Net profit | €742k | €893k | €873k | €757k | €978k |
| Cash flow | €1.05M | €1.21M | €1.19M | €1.04M | €1.29M |
| Staff costs | - | - | - | - | - |
| Income taxes | €345k | €415k | €412k | €369k | €454k |
| Dividends | €2.87M | €430k | €450k | €1.40M | - |
| Total assets | €11.42M | €8.53M | €8.18M | €7.90M | €8.46M |
| Equity | €8.82M | €7.15M | €6.69M | €6.27M | €6.91M |
| Debt | €2.61M | €1.38M | €1.49M | €1.63M | €1.49M |
| of which ≤ 1y | €1.70M | €149k | €118k | €293k | €164k |
| of which > 1y | €765k | €1.12M | €1.13M | €1.13M | €1.13M |
| Working capital | €642k | €903k | €802k | €622k | €1.61M |
| Employees (FTE) | 0.0 | 0.0 | 0.0 | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.38 | 7.07 | 7.81 | 3.12 | 10.78 |
| Quick ratio | 1.38 | 7.07 | 7.81 | 3.12 | 10.78 |
| Working capital ratio | 5.6% | 10.6% | 9.8% | 7.9% | 19.0% |
| Solvency | 77.2% | 83.9% | 81.8% | 79.4% | 81.7% |
| Debt / equity | 0.30 | 0.19 | 0.22 | 0.26 | 0.22 |
| Long-term debt ratio | 0.09 | 0.16 | 0.17 | 0.18 | 0.16 |
| Interest coverage | 15.27 | 17.23 | 17.02 | 7.35 | 17.86 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 6.5% | 10.5% | 10.7% | 9.6% | 11.6% |
| ROE | 8.4% | 12.5% | 13.0% | 12.1% | 14.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €11.42M | €8.53M | €8.18M | €7.90M | €8.46M |
| Fixed assets | 21/28 | €9.08M | €7.48M | €7.26M | €6.98M | €6.69M |
| Tangible fixed assets | 22/27 | €6.63M | €3.16M | €3.45M | €3.53M | €3.41M |
| Financial fixed assets | 28 | €2.45M | €4.32M | €3.81M | €3.46M | €3.29M |
| Current assets | 29/58 | €2.34M | €1.05M | €920k | €914k | €1.77M |
| Amounts receivable within one year | 40/41 | €40k | €729 | €13k | €2k | €11k |
| Investments | 50/53 | €1.59M | €925k | €653k | €5k | €1.49M |
| Cash & bank | 54/58 | €716k | €126k | €254k | €906k | €264k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11.42M | €8.53M | €8.18M | €7.90M | €8.46M |
| Equity | 10/15 | €8.82M | €7.15M | €6.69M | €6.27M | €6.91M |
| Contributions / capital | 10/11 | €150k | €150k | €150k | €150k | €150k |
| Reserves | 13 | €4.58M | €6.70M | €6.24M | €5.82M | €6.46M |
| Accumulated profits (losses) | 14 | €305k | €304k | €303k | €303k | €302k |
| Provisions & deferred taxes | 16 | - | - | - | €0 | €64k |
| Amounts payable | 17/49 | €2.61M | €1.38M | €1.49M | €1.63M | €1.49M |
| Amounts payable after one year | 17 | €765k | €1.12M | €1.13M | €1.13M | €1.13M |
| Amounts payable within one year | 42/48 | €1.70M | €149k | €118k | €293k | €164k |
| Trade debts payable within one year | 44 | €1k | €6k | €14k | €199k | €6k |
| Income statement | ||||||
| Gross operating margin | 9900 | €1.48M | €1.69M | €1.68M | €1.50M | €1.55M |
| Operating result | 9901 | €897k | €1.12M | €1.10M | €1.07M | €1.21M |
| Financial income | 75 | €269k | €267k | €267k | €243k | €303k |
| Financial charges | 65 | €79k | €83k | €83k | €183k | €85k |
| Result before taxes | 9903 | €1.09M | €1.31M | €1.28M | €1.13M | €1.43M |
| Income taxes | 67/77 | €345k | €415k | €412k | €369k | €454k |
| Net result for the period | 9904 | €742k | €893k | €873k | €757k | €978k |
| Result to be appropriated | 9905 | €742k | €893k | €873k | €757k | €978k |
-
Jan VandecandelaereDirectorState Gazette act 23312761 (09-02-2023)Current09-02-2023 → present
2 events
- 02-04-2024 Resigned· Director
- 09-02-2023 Appointed· Director
-
Marc VandecandelaereDirectorState Gazette act 23312761 (09-02-2023)Current09-02-2023 → present
2 events
- 02-04-2024 Resigned· Director
- 09-02-2023 Appointed· Director
| NACE primary | Renting and operating of own or leased non-residential real estate, excluding land(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 01-05-1975 |
| Status | Active |
| Postal code | 8790 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1108/00L000 | Flanders | 374 m² | 1 · 250 m² | 19.8 m · 5 fl. |
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-04-2024 Restructuring of share classes
Technical details
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}09-02-2023 2 directors appointed
- Marc Vandecandelaere, Bestuurder
- Jan Vandecandelaere, Bestuurder
Technical details
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}| Legal nameNL | WILGELOVER |