Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Wilmet from Namur, company number BE0401405497, closed financial year 2025 with a result of € 154,695 after tax. For that financial year Wilmet recorded revenue of € 16.8 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 406,740 to € 154,695. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 25, 2026.
€ 3.2 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 154,695
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 418,535
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 450,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
12.4
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 714,469
▲ 6% vs 2024
€ 57,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 469,016
▼ 4% vs 2024
Of which on lease € 357,490.
Debts at end 2025
€ 2.9 million
▲ 30% vs 2024
€ 361,903 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.7 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.
€ 131,593
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,376,325 | € 13,931,211 | € 13,781,491 | € 16,753,833 | ▲ 22% |
| Profit after taxes | € 774,037 | € 504,291 | € 406,740 | € 154,695 | ▼ 62% |
| Equity | € 3,508,927 | € 3,563,217 | € 3,519,958 | € 3,224,653 | ▼ 8% |
| Total debts | € 2,871,437 | € 3,226,878 | € 4,238,761 | € 5,156,686 | ▲ 22% |
| Cash | € 139,786 | € 347,960 | € 582,403 | € 418,535 | ▼ 28% |
| Land & buildings | € 1,697,120 | € 1,641,258 | € 1,585,515 | € 1,531,205 | ▼ 3% |
| Retained profit | € 1,208,927 | € 1,425,217 | € 1,435,958 | € 1,194,653 | ▼ 17% |
| Dividend | € 300,000 | € 450,000 | € 450,000 | € 450,000 | |
| Bank debt | € 967,614 | € 1,378,926 | € 2,244,679 | € 2,908,023 | ▲ 30% |
| Balance sheet total | € 6,510,364 | € 7,159,249 | € 7,915,682 | € 8,427,014 | ▲ 6% |
| Employees (FTE) | 11.6 | 11.8 | 11.1 | 12.4 | ▲ 1.3 |
Key figures of Wilmet, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Wilmet?
What happened at Wilmet in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SOWILAG SRL stepped down as director. NBB
- SOHOW SA stepped down as director. NBB
- Bauduin FRANCOIS stepped down as director. NBB
- NAMUR INVEST CAPITAL RISQUE SA stepped down as director. NBB
- Bastien WILMET stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 154,695 (▼ 62% vs 2024). Source: NBB ↗
- NAMUR INVEST CAPITAL RISQUE SA became a director. NBB
- SOWILAG SRL became a director. NBB
In short
From € 774,037 profit in 2022 to € 154,695 profit in 2025.
Paid € 689,343 in corporate taxes since 2022.
Best year ever: 2022, with € 774,037 profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
The stake of SOWILAG, NAMUR INVEST CAPITAL RISQUE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WilmetThe shares are held by SOWILAG (45.1%) and NAMUR INVEST CAPITAL RISQUE (10%).
Directors
According to the 2025 annual accounts
Managing director · represented by Guillaume ABRAS
since 2023 · until 2029
Director · represented by Jacques WILMET
Also active at: Sametal, General Recycling Services Europe, WILMET LUXEMBOURG, Phyto Clean Halanzy
since 2022 · until 2029
since 2023 · until 2029
NAMUR INVEST CAPITAL RISQUE SA
Director · represented by Maxime Oger
Also active at: Etablissements Guilmin, COMET BELGIUM, MECASOFT, GLUTTON CLEANING MACHINES, IDTECH, DOMAINE VITICOLE DU CHENOY, BRASSERIE ARTISANALE DE NAMUR, UNAMUR VENTURE +4 more
since 2023 · until 2029
since 2022 · until 2029
Shareholders
45.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chemin de la Vieille Sambre(ML) 63
5020 Namur
Chemin de la Vieille Sambre(FW) 63
5020 Namur
Active since 1 January 1967
Rue du Paquis - HALANZY 14
6792 Aubange
Active since 5 October 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.405.497
- VAT number
- BE 0401.405.497
- Registered office
- Chemin de la Vieille Sambre(ML) 63, 5020 Namur
- Names & denominations
- Wilmet
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 16 Jun 2025
- Activities · NACE
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