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 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WILLY MACKENS from Ternat, company number BE0436934322, closed financial year 2025 with a result of € 9,427 after tax. For that financial year WILLY MACKENS recorded a gross margin of € 260,675 and equity of € 321,315. Compared with financial year 2024, the result moved from € 22,430 to € 9,427. 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 June 19, 2026.
€ 321,315
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,427
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 87,016
▼ 17% 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 € 315,110.
People and assets in 2025
€ 179,388
▼ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 178,359
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 134,852
▼ 18% vs 2024
€ 30,650 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 40,076
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,543
▼ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 267,613 | € 346,862 | € 310,730 | € 260,675 | ▼ 16% |
| Profit after taxes | € 15,446 | € 56,399 | € 22,430 | € 9,427 | ▼ 58% |
| Equity | € 250,738 | € 289,458 | € 311,888 | € 321,315 | ▲ 3% |
| Total debts | € 487,507 | € 463,632 | € 436,850 | € 364,965 | ▼ 16% |
| Cash | € 114,152 | € 95,773 | € 105,308 | € 87,016 | ▼ 17% |
| Land & buildings | € 181,522 | € 176,914 | € 172,982 | € 172,109 | ▼ 1% |
| Retained profit | € 244,533 | € 283,252 | € 305,682 | € 315,110 | ▲ 3% |
| Dividend | € 22,140 | € 17,680 | € 0 | € 0 | |
| Bank debt | € 172,171 | € 195,080 | € 165,145 | € 134,852 | ▼ 18% |
| Balance sheet total | € 738,246 | € 753,090 | € 748,737 | € 686,281 | ▼ 8% |
| Employees (FTE) | - | 3 | - | - |
Key figures of WILLY MACKENS, 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 WILLY MACKENS?
What happened at WILLY MACKENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,427 (▼ 58% vs 2024). Source: NBB ↗
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,446 profit in 2022 to € 9,427 profit in 2025.
Paid € 52,227 in corporate taxes since 2022.
Best year ever: 2023, with € 56,399 profit.
On average € 115,600 of value added per employee in 2023.
Management
Behind WILLY MACKENS are Willy Mackens and Christiane Covens.
Directors
According to the 2025 annual accounts
Willy Mackens
Director
Christiane Covens
Director
Establishments
Establishment units
Physical locations of this company
Langestraat 90
1741 Ternat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.934.322
- VAT number
- BE 0436.934.322
- Registered office
- Langestraat 90, 1741 Ternat
- Names & denominations
- WILLY MACKENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1989
- Peppol
- Active · Active since 15 Sept 2025
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