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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WILLCO PRODUCTS from Aalst, company number BE0413071827, closed financial year 2025 with a result of € -978,558 after tax. For that financial year WILLCO PRODUCTS recorded a gross margin of € 970,262 and equity of € -646,098. Compared with financial year 2024, the result moved from € -993,090 to € -978,558. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ -646,098
▼ € 978,558 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -978,558
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 109,984
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
18.4
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 1% vs 2024
€ 89,000 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.
€ 79,045
▲ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 963,620
▼ 46% vs 2024
€ 66,681 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1.1 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 626,155
▲ 211% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,832,808 | € 1,313,252 | € 944,026 | € 970,262 | ▲ 3% |
| Profit after taxes | € 11,501 | € -524,197 | € -993,090 | € -978,558 | ▲ € 14,532 |
| Equity | € 1,349,747 | € 825,550 | € 332,460 | € -646,098 | ▼ € 978,558 |
| Total debts | € 2,641,474 | € 2,453,441 | € 3,194,621 | € 2,997,254 | ▼ 6% |
| Cash | € 22,825 | € 27,790 | € 544,639 | € 109,984 | ▼ 80% |
| Land & buildings | € 460,400 | € 446,530 | € 432,661 | € 432,661 | |
| Retained profit | € 1,274,747 | € 750,550 | € -242,540 | € -1,221,098 | ▼ € 978,558 |
| Bank debt | € 1,275,756 | € 1,102,493 | € 1,787,350 | € 963,620 | ▼ 46% |
| Balance sheet total | € 3,991,221 | € 3,278,992 | € 3,527,082 | € 2,351,156 | ▼ 33% |
| Employees (FTE) | 18.3 | 18.3 | 17.8 | 18.4 | ▲ 0.6 |
Key figures of WILLCO PRODUCTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WILLCO PRODUCTS?
What happened at WILLCO PRODUCTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 978,558. Source: NBB ↗
- NELSON COPPENS became a director. NBB
- Lauren Coppens became a director. NBB
- Nelaro became a director. NBB
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
- New establishment in Aalst. KBO
In short
From € 11,501 profit in 2022 to € 978,558 loss in 2025.
Paid € 96,604 in corporate taxes since 2022.
Best year ever: 2022, with € 11,501 profit.
On average € 52,700 of value added per employee in 2025.
Management
The stake of NELARO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WILLCO PRODUCTSBehind WILLCO PRODUCTS are NELSON COPPENS, Lauren Coppens and Nelaro. The shares are held by NELARO (99.1%).
Directors
According to the 2025 annual accounts
Shareholders
99.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kwalestraat 74
9320 Aalst
Rue du Polissou 38 box 1
5590 Ciney
Active since 26 January 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
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Website info
Features
Security
Details
- Company number
- 0413.071.827
- VAT number
- BE 0413.071.827
- Registered office
- Kwalestraat 74, 9320 Aalst
- Names & denominations
- WILLCO PRODUCTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 1973
- Peppol
- Active · Active since 2 Oct 2025
- Contact
- willcoproducts.be
- Activities · NACE
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