Waelkens

Active

Public limited companyfounded 1970active for 55 yearsIngelmunstersteenweg 243, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 0407.853.722

Summary

Waelkens has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €2,301. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 32% of 196 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

WaelkensActiveChecked score 87/100

Risk analysis Report Compare

Activity

Manufacture of textiles

NACE 13929

Oldest company in Oostrozebeke, Manufacturing sector1 site

Size

€3.4mtotal assets 2025

Staff: 28.2 FTE
Equity: €1.0m
Profit: €2,301

Turnover not published (abbreviated format)

Financial health

87 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Parent: WAELKO · 99.87%

Accounts on time0 of 5 deeds read

Why 87raises riskSize: 28.2 FTE, total assets €3.4mLiquidity: current ratio 1.38, cash €261,681lowers riskFounded in 1970Figures for financial year 2025 (filed 01-05-2026)Show the evidence

Checked score

Score 2025

87 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 31% of its sector peers (NACE 13, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 55+3

equity 30.3% of total assets

Liquidity 24+7

short-term debt 67.2% · cash 7.7%

Profitability 47+7

return on assets 0.1%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (110 companies, NACE 13, small)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%▲ +0.3 percentage points vs 04-2025highest value 06-2025: 0.3%▼ -0.5 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▲ +0.3 percentage points vs 04-2026 06-2026: 0.2%▼ -0.6 percentage points vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.38, compared with 1.3 in 2024, below the usual 1.5; short-term debt: 67.2% and cash: 7.7% of total assets), and 69.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, small): better than 31% on solvency, 19% on liquidity, 35% on profitability and 37% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 1970

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: 28.2 FTE, total assets €3.4m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 01-05-2026)

NBB · annual accounts

Liquidity: current ratio 1.38, cash €261,681

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

on the day

2024

on the day

2023

on the day

2022

16 days early

2021

4 days early

2020

on the day

2019

30 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end24-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-04-2026 Annual accounts filedfinancial year 2025 · abbreviated…
30-09-2025 Back to profitnet €2,301
30-04-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Oldest company in Oostrozebeke, Manufacturing sectorin the Checked rankings No. 1 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by WAELKO 99.87% View
Active since 1970founded 01-11-1970 55 years View

By topic

Financials

Financial year: 2025
Total assets: €3.4m
Profit: €2,301
Solvency: 30.3%

Total assets▼ 10.9%

Net result

20192025

Go to Financials

Board & ownership

Parent: WAELKO · 99.87%

Go to Board & ownership

Timeline

Events: 48
Since: 1979
Next accounts: by 30-04-2027

30-09-2024Weakest financial year
30-04-2024Annual accounts filed
14-04-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of textilesNACE 13929
Founded: 01-11-1970
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Waelkens

What is the company number of Waelkens?: 0407.853.722. In Belgium the VAT number is the company number with BE in front: BE 0407.853.722.
Where is Waelkens based?: The registered office is at Ingelmunstersteenweg 243, 8780 Oostrozebeke.Company details
What does Waelkens do?: According to the KBO register, the main activity is manufacture of textiles (NACE 13929).
What is the legal form of Waelkens?: Public limited company (NV).
When was Waelkens founded?: On 01-11-1970.
Is Waelkens still active?: Yes, Waelkens is an active enterprise in the KBO register.
How many employees does Waelkens have?: On average 28.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Waelkens?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Waelkens profitable?: In financial year 2025, Waelkens made a profit of €2,301.
Where can I find the annual accounts of Waelkens?: Waelkens filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Waelkens due?: By 30-04-2027, for financial year 2026.Timeline