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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WillowTree from Gent, company number BE0817045351, closed financial year 2025 with a result of € 1,018 after tax. For that financial year WillowTree recorded a gross margin of € 72,674 and equity of € 34,825. Compared with financial year 2024, the result moved from € -1,469 to € 1,018. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 34,825
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,018
▲ still € 1,469 loss in 2024
Profit after tax over the fiscal year.
€ 14,994
▼ 26% 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 € -177,575.
People and assets in 2025
€ 1,222
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 256,111
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 47,176
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,439
▲ 134% 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 | € 29,878 | € 97,744 | € 87,749 | € 72,674 | ▼ 17% |
| Profit after taxes | € -50,505 | € -2,832 | € -1,469 | € 1,018 | ▲ € 2,487 |
| Equity | € 38,108 | € 35,276 | € 33,807 | € 34,825 | ▲ 3% |
| Total debts | € 673,108 | € 631,541 | € 538,563 | € 492,412 | ▼ 9% |
| Cash | € 14,967 | € 11,179 | € 20,171 | € 14,994 | ▼ 26% |
| Land & buildings | € 596,547 | € 538,736 | € 480,924 | € 424,747 | ▼ 12% |
| Retained profit | € -174,292 | € -177,124 | € -178,593 | € -177,575 | ▲ € 1,018 |
| Bank debt | € 286,218 | € 267,934 | € 266,111 | € 256,111 | ▼ 4% |
| Balance sheet total | € 711,216 | € 666,817 | € 572,370 | € 527,236 | ▼ 8% |
Key figures of WillowTree, 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 WillowTree?
What happened at WillowTree in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,018. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,505 loss in 2022 to € 1,018 profit in 2025.
Paid € 1,225 in corporate taxes since 2022.
Best year ever: 2025, with € 1,018 profit.
Management
Behind WillowTree is Wim De Waele. It owns 21.4% of Miles Ahead Studio itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Coupure 53 box 1
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →JVG
€ 490,662 gross margin · 2025
Peter Claes
7d Studio
€ 2,789 gross margin · 2025
JANG!
The Data Tank
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0817.045.351
- VAT number
- BE 0817.045.351
- Registered office
- Coupure 53 bus 1, 9000 Gent
- Names & denominations
- WillowTree
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2009
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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Holdings
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