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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WILG Europe from Arendonk, company number BE0464371167, closed financial year 2025 with a result of € -1 million after tax. For that financial year WILG Europe recorded revenue of € 15.5 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -20,587 to € -1 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 2.7 million
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1 million
▼ 4786 % more loss than in 2024
Profit after tax over the fiscal year.
€ 463,180
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.6 million.
People and assets in 2025
35.2
▲ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 21% vs 2024
€ 68,100 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.
€ 224,490
▼ 31% vs 2024
Of which on lease € 150,641.
Debts at end 2025
€ 10.9 million
▼ 10% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2.5 million
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 214,424
▼ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,226,332 | € 14,983,911 | € 13,782,166 | € 15,478,003 | ▲ 12% |
| Profit after taxes | € 441,898 | € -514,482 | € -20,587 | € -1,005,940 | ▼ € 985,353 |
| Equity | € 4,206,132 | € 3,691,649 | € 3,671,062 | € 2,665,122 | ▼ 27% |
| Total debts | € 14,542,978 | € 14,819,481 | € 14,702,420 | € 13,666,113 | ▼ 7% |
| Cash | € 2,013,550 | € 310,712 | € 2,324,408 | € 463,180 | ▼ 80% |
| Retained profit | € 4,094,132 | € 3,579,649 | € 3,559,062 | € 2,553,122 | ▼ 28% |
| Bank debt | € 10,712,896 | € 10,774,194 | € 12,039,485 | € 10,866,993 | ▼ 10% |
| Balance sheet total | € 18,749,110 | € 18,511,130 | € 18,373,482 | € 16,331,236 | ▼ 11% |
| Employees (FTE) | 28 | 29.3 | 31.6 | 35.2 | ▲ 3.6 |
Key figures of WILG Europe, 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 WILG Europe?
What happened at WILG Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Hasselt. KBO
- New annual accounts for financial year 2025: loss of € 1 million. Source: NBB ↗
- New establishment in Arendonk. KBO
- New establishment in Ath. KBO
- New establishment in Pelt. KBO
- Reinier Teunissen became a director. NBB
- New establishment in Arendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 441,898 profit in 2022 to € 1 million loss in 2025.
Paid € 200,440 in corporate taxes since 2022.
Best year ever: 2022, with € 441,898 profit.
Pays suppliers within 68 days on average.
Management
Behind WILG Europe is Reinier Teunissen. The shares are held by Water Is Life Group (100%). It owns 100% of OSNA-Pumpen, 100% of MPI Geo Systems, 100% of Immo Hoge Mauw, 100% of EEB Valves and 50% of Orlando itself.
Directors
According to the 2025 annual accounts
Reinier Teunissen
Director
Also active at: AQUAMASTER EUROPE, Water Is Life Group, SalixCo, Geo Systems International, Immo Hoge Mauw Arendonk, EEB VALVES
since 2000
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Hoge Mauw 1070
2370 Arendonk
Rue des Foudriers(GHI) 2
7822 Ath
Active since 21 May 2021
Hoge Mauw 1440
2370 Arendonk
Active since 1 January 2023
Leo Baekelandlaan 5209
3900 Pelt
Active since 1 May 2010
Kiewitstraat 165
3500 Hasselt
Active since 23 July 2026
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
- 0464.371.167
- VAT number
- BE 0464.371.167
- Registered office
- Hoge Mauw 1070, 2370 Arendonk
- Names & denominations
- WILG Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1998
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Groothandel in pompen en compressoren
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2