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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Shrinking team NBB
FTE fell two years in a row, from 3.8 to 3.3.
Financials
Financial year 2025
Wils & C° from Balen, company number BE0426506228, closed financial year 2025 with a result of € 8,949 after tax. For that financial year Wils & C° recorded a gross margin of € 264,630 and equity of € 283,366. Compared with financial year 2024, the result moved from € 20,871 to € 8,949. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 19, 2026.
€ 283,366
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,949
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 164,901
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 247,366.
People and assets in 2025
3.3
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 240,982
▼ 3% vs 2024
€ 73,000 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.
€ 5,204
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,045
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,184
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 223,582 | € 267,981 | € 288,011 | € 264,630 | ▼ 8% |
| Profit after taxes | € 12,012 | € 19,879 | € 20,871 | € 8,949 | ▼ 57% |
| Equity | € 233,667 | € 253,545 | € 274,417 | € 283,366 | ▲ 3% |
| Total debts | € 41,237 | € 74,531 | € 62,316 | € 27,229 | ▼ 56% |
| Cash | € 161,164 | € 213,711 | € 107,456 | € 164,901 | ▲ 53% |
| Retained profit | € 197,667 | € 217,545 | € 238,417 | € 247,366 | ▲ 4% |
| Balance sheet total | € 274,903 | € 328,076 | € 336,733 | € 310,595 | ▼ 8% |
| Employees (FTE) | 5 | 3.8 | 3.5 | 3.3 | ▼ 0.2 |
Key figures of Wils & C°, 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 Wils & C°?
What happened at Wils & C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,949 (▼ 57% vs 2024). Source: NBB ↗
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,012 profit in 2022 to € 8,949 profit in 2025.
Paid € 25,663 in corporate taxes since 2022.
Best year ever: 2024, with € 20,871 profit.
On average € 80,200 of value added per employee in 2025.
Management
The stake of Algemene Ondernemingen L. Mertens en C° comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Wils & C°Behind Wils & C° is Koen Mertens. The shares are held by Algemene Ondernemingen L. Mertens en C° (100%).
Directors
According to the 2025 annual accounts
Koen Mertens
Director
Also active at: Algemene Ondernemingen L. Mertens en C°, IMMO MERTENS, VASTGOED MERTENS BALEN
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 8
2490 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0426.506.228
- VAT number
- BE 0426.506.228
- Registered office
- Industrieweg 8, 2490 Balen
- Names & denominations
- Wils & C°
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1984
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Installatie van isolatie
Isolatiewerkzaamheden