WILPA
ActiveSummary
WILPA has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72k and a net result of €19k. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+20
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 5.17 against 7.85 in 2023; short-term debt: 17.5% and cash: 73% of total assets), and 17.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €72k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
49 d early
2022
61 d early
2021
47 d early
2020
43 d early
2019
51 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€72k▲ 30.4%
2023 · €56k
2018: €122k
2019: €86k
2020: €93k
2021: €46k
2022: €49k
2023: €56k
2018 → 2024
Total assets
€88k▲ 40.6%
2023 · €62k
2018: €126k
2019: €89k
2020: €100k
2021: €74k
2022: €59k
2023: €62k
2018 → 2024
Net result
€19k▲ 123%
2023 · €8k
2018: €2k
2019: €2k
2020: €15k
2021: €11k
2022: €7k
2023: €8k
2018 → 2024
Working capital
€64k▲ 35.8%
2023 · €47k
2018: €94k
2019: €66k
2020: €79k
2021: €38k
2022: €41k
2023: €47k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€93k-€46k▼ 50.6%€49k▲ 7.1%€56k▲ 13.1%€72k▲ 30.4%
Operating result€19k-€18k▼ 7.5%€11k▼ 37.8%€13k▲ 21.8%€28k▲ 111%
Net result€15k-€11k▼ 25.4%€7k▼ 34.9%€8k▲ 16.0%€19k▲ 123%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 111% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88k
Fixed assets
€8k =
Current assets
€79k ▲ 46.9%
Equity and liabilities €88k
Equity
€72k ▲ 30.4%
Debt
€15k ▲ 123%
Debt's share of the balance-sheet total rises from 11.0% to 17.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
5.17▼
2023 · 7.85
Quick ratio
4.31▼
2023 · 5.57
Debt to equity
0.21▲
2023 · 0.12
ROE
25.9%▲
2023 · 15.1%
ROA
21.3%▲
2023 · 13.5%
Debt ≤ 1 year
€15k▲
2023 · €7k
Income taxes
€10k▲
2023 · €5k
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 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€62k€88k▲
Fixed assets21/28€8k€8k=
Tangible fixed assets22/27€8k€8k=
Land and buildings22€8k€8k=
Current assets29/58€54k€79k▲
Stocks and contracts in progress3€16k€13k▼
Stocks30/36€16k€13k▼
Amounts receivable within one year40/41€236€757▲
Trade receivables40€236€757▲
Cash at bank and in hand54/58€37k€64k▲
Deferred charges and accrued income490/1€930€1k▲
Equity and liabilities
Total equity and liabilities10/49€62k€88k▲
Equity10/15€56k€72k▲
Contributions10/11€10k€10k=
Reserves13€45k€62k▲
Distributable reserves133€45k€62k▲
Profit (loss) carried forward14€189€195▲
Amounts payable17/49€7k€15k▲
Amounts payable within one year42/48€7k€15k▲
Trade debts44€815€2k▲
Suppliers440/4€815€2k▲
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€3k€7k▲
Other amounts payable47/48€3k€7k▲
Income statement
Code20232024
Other operating charges640/8€2k€2k▲
Gross operating margin9900€16k€31k▲
Operating profit (loss)9901€13k€28k▲
Financial income75/76B€200€519▲
Recurring financial income75€200€519▲
Financial charges65/66B€311€245▼
Recurring financial charges65€311€245▼
Profit (loss) for the period before taxes9903€13k€29k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€8k€19k▲
Profit (loss) for the period to be appropriated9905€8k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€19k▲
Profit (loss) brought forward from the previous period14P€181€189▲
Transfer from equity791/2€2k€2k▼
Transfer to equity691/2€8k€19k▲
To other reserves6921€8k€19k▲
Profit to be distributed694/7€2k€2k▼
Return on contributions (dividend)694€2k€2k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €19k ▲123%
Operating result €28k, net result €19k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 4.96
Current ratio from 2.31 to 4.96; short-term debt falls from €29k to €10k.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Zulte · 1 establishment unit since 1990
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.
Kruishoutemstraat 49870 ZulteGround area
1,817 m²
Building footprint
270 m²
Volume, LiDAR
1,282 m³
Parcel 44037B0957/00S002, Flanders · tallest building 11.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WILPA NV
since 19902.007.076.587
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037B0957/00S002 | Flanders | 1,816 m² | 1 · 270 m² | 11.6 m · 1 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
Legal Entity Identifier
967600FL9Q611AD6TZ41
Similar companies · same sector, comparable size
DE KOOPJESMARKT
BE 0886.868.822
Antwerpen · Eq €72,306
DELIGHTING
BE 0471.130.285
Hannut · Eq €72,204
FINOBELLO
BE 0473.520.445
Oostende · Eq €72,184
KUTLU
BE 0467.276.120
Gent · Eq €72,897
CASSILIA
BE 0458.524.938
Durbuy · Eq €71,670
Of 766 companies in sector 47552 we hold annual accounts for 444. 354 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
Founded01-01-1972
Fiscal year end31-12
Activities, NACEBEL 2025
47552Retail sale of lighting equipment
47551Retail sale of household furniture
47791Retail sale of antiques
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.