HUIZE WALDEN

Active

Non-profit associationfounded 196957 yrs activeEdgard Tinellaan 1, 2800 Mechelen, BelgiumKBO/BCE: BE 0409.821.832

Summary

HUIZE WALDEN has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €446k and a net result of €117k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is < 0.1% (very low).

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Checked score

Score 2024

73 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability81▼-14

Solvency64▲+11

Growth78=

Track record100

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity ample (current ratio 1.63 against 1.43 in 2023; short-term debt: 53.3% and cash: 9.3% of total assets), but 61.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €446k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

34 d early

2023

133 d early

2022

42 d early

2021

46 d early

2020

23 d early

2019

56 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover

€545k

EBIT margin

-39.3%

Net result

€117k▼ 52.4%

2023 · €247k

2018: €6k 2019: €-306k 2020: €-215k 2021: €-67k 2022: €80k 2023: €247k

2018 → 2024

Working capital

€388k▲ 21.6%

2023 · €319k

2018: €-49k 2019: €-420k 2020: €10k 2021: €-93k 2022: €214k 2023: €319k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€545k-

Equity€69k-€2k▼ 97.7%€82k▲ 4,952%€328k▲ 302%€446k▲ 35.8%

Operating result€-214k-€-65k▲ 69.5%€83k€247k▲ 199%€112k▼ 54.5%

Net result€-215k-€-67k▲ 68.6%€80k€247k▲ 208%€117k▼ 52.4%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 54% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.15M

13.0%

87.0%

Fixed assets €150k ▲ 36.0%

Current assets €1.00M ▼ 5.8%

Equity and liabilities €1.15M

38.7%

53.9%

Equity €446k ▲ 35.8%

Provisions €86k ▼ 15.2%

Debt €621k ▼ 16.7%

Debt's share of the balance-sheet total falls from 63.5% to 53.9%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€142k▼

2023 · €283k

Cash flow

€147k▼

2023 · €283k

Current ratio

1.63▲

2023 · 1.43

Debt to equity

1.39▼

2023 · 2.27

ROE

26.3%▼

2023 · 75.1%

ROA

10.2%▼

2023 · 21.0%

Interest coverage

657.72▲

2023 · 188.32

Debt ≤ 1 year

€615k▼

2023 · €746k

Staff costs

€4.39M▲

2023 · €4.30M

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines

Balance sheet Code20232024

Assets

Total assets20/58€1.18M€1.15M▼

Fixed assets21/28€111k€150k▲

Intangible fixed assets21€11k€0▼

Tangible fixed assets22/27€98k€149k▲

Plant, machinery and equipment23€68k€116k▲

Furniture and vehicles24€30k€23k▼

Assets under construction and advance payments27-€9k

Financial fixed assets28€2k€2k=

Current assets29/58€1.06M€1.00M▼

Amounts receivable within one year40/41€336k€417k▲

Trade receivables40€106k€83k▼

Other amounts receivable41€230k€335k▲

Current investments50/53-€435k

Cash at bank and in hand54/58€676k€107k▼

Deferred charges and accrued income490/1€53k€43k▼

Equity and liabilities

Total equity and liabilities10/49€1.18M€1.15M▼

Equity10/15€328k€446k▲

Contributions10/11€69k€69k=

Capital10€69k€69k=

Profit (loss) carried forward14€259k€377k▲

Provisions and deferred taxes16€101k€86k▼

Provisions for liabilities and charges160/5€101k€86k▼

Pensions and similar obligations160€101k€86k▼

Amounts payable17/49€746k€621k▼

Amounts payable within one year42/48€746k€615k▼

Trade debts44€42k€49k▲

Suppliers440/4€42k€49k▲

Taxes, remuneration and social security45€512k€501k▼

Taxes450/3€47€2k▲

Remuneration and social security454/9€512k€499k▼

Accrued charges and deferred income492/3-€7k

Income statement Code20232024

Non-recurring operating income76A€216k€20k▼

Remuneration, social security and pensions62€4.30M€4.39M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€30k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k

Other operating charges640/8€43k€27k▼

Non-recurring operating charges66A-€13k

Gross operating margin9900€4.71M€4.57M▼

Operating profit (loss)9901€247k€112k▼

Financial income75/76B€2k€5k▲

Recurring financial income75€2k€5k▲

Financial charges65/66B€2k€216▼

Recurring financial charges65€2k€216▼

Profit (loss) for the period before taxes9903€247k€117k▼

Income taxes67/77€160-

Profit (loss) for the period9904€247k€117k▼

Profit (loss) for the period to be appropriated9905€247k€117k▼

Appropriation of the result

Profit (loss) to be appropriated9906€259k€377k▲

Profit (loss) brought forward from the previous period14P€13k€259k▲

Social balance

Average headcount (FTE)908756.956.0▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Timeline · acts, filings and financial milestones

All 16Financial 4Gazette 2Filings 10

2025

27-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

12-02

State Gazette act General meeting · Merger

Accounting effect · Power of attorney · Karl Van Kerkhoven

2024

04-09

State Gazette act Board meeting · Merger

Accounting effect

20-03

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Highest result since 2018net €247k ▲208%

Operating result €247k, net result €247k, both a record.

31-12

Financial Equity above €200kEq €328k ▲302%

2 profitable years in a row build equity to €328k.

19-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Back to profitnet €80k

Net result €80k after 3 loss-making years.

15-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

08-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

05-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

31-12

Financial Weakest financial yearnet €-306k

Net result drops to €-306k, the lowest in the series; recovery starts the following year.

Show earlier events

04-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

28-05

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

18-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 18 days late

2016

16-03

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 22 acts read

About the unread acts

We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

22 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Mechelen

exact location from the address register On OpenStreetMap

Ground area

2,165 m²

Building footprint

499 m²

Volume, LiDAR

4,155 m³

Parcel 12025A0284/00V000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.

7 companies at this address See who is registered here

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12025A0284/00V000 ProtectedMonumentCellebroederskloosterSource ↗	Flanders	2,165 m²	1 · 499 m²	13.2 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Structure & network

Acquisitions and mergers

1 transaction

Contributed a universality to:EMMAÜS

BE 0411.515.075State Gazette act of 12-02-2025 (2 acts)

Public money · subsidies and aid

Flemish government

2022 to 2025 · 13 entries · 5,884,670 EUR awarded · 5,884,669 EUR paid

Year	Entries	awarded	paid
2025	2	7,624 EUR	7,624 EUR
2024	4	867,108 EUR	867,108 EUR
2023	3	1,245,524 EUR	1,245,524 EUR
2022	4	3,764,414 EUR	3,764,413 EUR

Schemes

Persoonsvolgend budget voor personen met een handicap (PVB)

3 entries · 4,946,775 EUR · 4,979,721 EUR paid · VLAAMS AGENTSCHAP VOOR PERSONEN MET EEN HANDICAP

Individueel Maatwerk

2 entries · 11,997 EUR · 11,997 EUR paid · Departement Werk en Sociale Economie

Vlaams opleidingsverlof (VOV)

3 entries · 10,865 EUR · 10,865 EUR paid · Departement Werk en Sociale Economie

Premie kwalificerend werkplekleren

2 entries · 5,000 EUR · 5,000 EUR paid · Departement Werk en Sociale Economie

Stagebonus (stopgezet)

2 entries · 3,250 EUR · 3,250 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Care and welfare

2 services · 0 live

Huize Walden

VAPH (disability agency) · ended

Huize Walden

VAPH (disability agency) · ended

Rechtstreeks toegankelijke hulp · Vergunde zorgaanbieder

Dual-learning approval

15 ended

Administratief medewerker (so)

discontinued · 2022 to 2025

Assistentie in wonen, zorg en welzijn duaal (so)

discontinued · 2024 to 2025

Basiszorg en ondersteuning duaal (so)

discontinued · 2022 to 2025

Keukenmedewerker (vwo)

discontinued · 2022 to 2025

Keukenmedewerker duaal (so)

discontinued · 2022 to 2025

Logistiek helper in de zorginstellingen (so)

discontinued · 2022 to 2025

Show 9 more

Schoonmaker duaal (so)

discontinued · 2023 to 2025

Verzorgende/zorgkundige (so)

discontinued · 2022 to 2025

Verzorgende/Zorgkundige duaal (so)

discontinued · 2022 to 2025

Administratief medewerker (so)

ended · 2017 to 2022

Keukenmedewerker (so)

ended · 2017 to 2022

Keukenmedewerker (vwo)

ended · 2017 to 2022

Keukenmedewerker duaal (so)

ended · 2017 to 2022

Logistiek helper in de zorginstellingen (so)

ended · 2017 to 2022

Verzorgende/zorgkundige (so)

ended · 2017 to 2022

Company data · Crossroads Bank

Identification

Legal formNon-profit association

Founded12-06-1969

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.