WAGRALIM
ActiveSummary
WAGRALIM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.9m and a net result of €65,650. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 4630 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-1
Solvency47▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 19.37 against 11.8 in 2023; short-term debt: 5.2% and cash: 5.6% of total assets), but 78% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22%
Return on assets
0.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
22 d early
2022
25 d early
2021
26 d late
2020
5 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€65,650▼ 62.9%
2023 · €176,808
Working capital
€8.3m▼ 13.6%
2023 · €9.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€106,212▼ 68.8%€102,283▼ 3.7%€321,701▲ 215%€173,878▼ 46.0%€42,234▼ 75.7%
Net result€105,182within the sector's middle half▼ 56.9%€100,772within the sector's middle half▼ 4.2%€319,257above the sector's middle half▲ 217%€176,808within the sector's middle half▼ 44.6%€65,650within the sector's middle half▼ 62.9%
Equity€1.3mwithin the sector's middle half▲ 9.0%€1.4mwithin the sector's middle half▲ 7.9%€1.7mwithin the sector's middle half▲ 23.2%€1.9mwithin the sector's middle half▲ 10.4%€1.9mwithin the sector's middle half▲ 3.5%
Total assets€1.9mwithin the sector's middle half▼ 31.8%€3.1mwithin the sector's middle half▲ 60.9%€6.8mabove the sector's middle half▲ 120%€10.6mabove the sector's middle half▲ 55.3%€8.8mabove the sector's middle half▼ 16.6%
Debt€645,999▼ 60.8%€1.7m▲ 166%€5.0m▲ 193%€8.7m▲ 73.1%€6.9m▼ 20.9%
Working capital€1.6mabove the sector's middle half▼ 37.2%€2.5mabove the sector's middle half▲ 55.6%€6.5mabove the sector's middle half▲ 158%€9.7mabove the sector's middle half▲ 49.2%€8.3mabove the sector's middle half▼ 13.6%
Solvency66.4%within the sector's middle half▲ 24.9pp44.5%within the sector's middle half▼ 21.9pp24.9%within the sector's middle half▼ 19.6pp17.7%below the sector's middle half▼ 7.2pp22.0%within the sector's middle half▲ 4.3pp
Current ratio6.55above the sector's middle half▼ 5.745.44above the sector's middle half▼ 1.1121.77above the sector's middle half▲ 16.3311.80above the sector's middle half▼ 9.9719.37above the sector's middle half▲ 7.57
Return on assets (ROA)5.5%within the sector's middle half▼ 3.2pp3.3%within the sector's middle half▼ 2.2pp4.7%within the sector's middle half▲ 1.4pp1.7%within the sector's middle half▼ 3.0pp0.7%within the sector's middle half▼ 0.9pp
Staff (FTE)13.1within the sector's middle half▲ 12.0%12.2within the sector's middle half▼ 6.9%12.6above the sector's middle half▲ 3.3%13above the sector's middle half▲ 3.2%14above the sector's middle half▲ 7.7%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 76% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.8m
Fixed assets
€16,715 ▲ 10.7%
Current assets
€8.8m ▼ 16.6%
Equity and liabilities €8.8m
Equity
€1.9m ▲ 3.5%
Debt
€6.9m ▼ 20.9%
Debt's share of the balance-sheet total falls from 82.3% to 78.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42,844▼
2023 · €174,487
Cash flow
€66,259▼
2023 · €177,417
Quick ratio
15.63▲
2023 · 9.78
Debt to equity
3.54▼
2023 · 4.64
ROE
3.4%▼
2023 · 9.4%
Interest coverage
15.28▼
2023 · 281.53
Debt ≤ 1 year
€454,152▼
2023 · €894,646
Debt > 1 year
€528,358▼
2023 · €2.3m
Income taxes
€10,128▲
2023 · €1,920
Staff costs
€1.5m▲
2023 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,105 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
0.9%
stopped otherwise
98%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,105 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €892,738 | €1.0m | €1.2m | €1.5m | ▲ 23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,520 | €1,282 | €883 | €609 | €609 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€1,815 | €2,373 | €2,229 | - | - |
| Other operating charges640/8 | - | €34,149 | €2,212 | €4,174 | €6,495 | ▲ 55.6% |
| Non-recurring operating charges66A | - | - | - | €754 | - | - |
| Gross operating margin9900 | €949,583 | €1.0m | €1.4m | €1.3m | €1.5m | ▲ 19.2% |
| Operating profit (loss)9901 | €106,212 | €102,283 | €321,701 | €173,878 | €42,234 | ▼ 75.7% |
| Financial income75/76B | - | €2 | €9 | €5,470 | €36,347 | ▲ 565% |
| Recurring financial income75 | €387 | €2 | €9 | €5,470 | €36,347 | ▲ 565% |
| Financial charges65/66B | - | €869 | €502 | €620 | €2,804 | ▲ 352% |
| Recurring financial charges65 | €624 | €869 | €502 | €620 | €2,804 | ▲ 352% |
| Profit (loss) for the period before taxes9903 | €105,975 | €101,415 | €321,209 | €178,728 | €75,778 | ▼ 57.6% |
| Income taxes67/77 | €793 | €644 | €1,952 | €1,920 | €10,128 | ▲ 427% |
| Profit (loss) for the period9904 | €105,182 | €100,772 | €319,257 | €176,808 | €65,650 | ▼ 62.9% |
| Profit (loss) for the period to be appropriated9905 | €105,182 | €100,772 | €319,257 | €176,808 | €65,650 | ▼ 62.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €3.1m | €6.8m | €10.6m | €8.8m | ▼ 16.6% |
| Fixed assets21/28 | €17,877 | €16,594 | €15,712 | €15,102 | €16,715 | ▲ 10.7% |
| Intangible fixed assets21 | €0 | €0 | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €3,993 | €2,711 | €1,828 | €1,219 | €609 | ▼ 50.0% |
| Land and buildings22 | - | - | - | - | €0 | - |
| Plant, machinery and equipment23 | - | €2,437 | €1,828 | €1,219 | €609 | ▼ 50.0% |
| Furniture and vehicles24 | - | €273 | €0 | €0 | €0 | - |
| Financial fixed assets28 | €13,884 | €13,884 | €13,884 | €13,884 | €16,106 | ▲ 16.0% |
| Current assets29/58 | €1.9m | €3.1m | €6.8m | €10.6m | €8.8m | ▼ 16.6% |
| Stocks and contracts in progress3 | - | - | €1.6m | €1.8m | €1.7m | ▼ 6.0% |
| Contracts in progress37 | - | - | €1.6m | €1.8m | €1.7m | ▼ 6.0% |
| Amounts receivable within one year40/41 | €645,029 | €1.3m | €2.9m | €4.4m | €5.4m | ▲ 22.5% |
| Trade receivables40 | - | €112,138 | €214,090 | €285,716 | €271,088 | ▼ 5.1% |
| Other amounts receivable41 | - | €1.2m | €2.7m | €4.1m | €5.1m | ▲ 24.4% |
| Current investments50/53 | - | - | - | €900,000 | €1.2m | ▲ 33.3% |
| Cash at bank and in hand54/58 | €1.3m | €1.7m | €2.3m | €3.4m | €495,838 | ▼ 85.6% |
| Deferred charges and accrued income490/1 | - | - | - | €10,037 | €6,918 | ▼ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €3.1m | €6.8m | €10.6m | €8.8m | ▼ 16.6% |
| Equity10/15 | €1.3m | €1.4m | €1.7m | €1.9m | €1.9m | ▲ 3.5% |
| Contributions10/11 | - | - | - | - | €20,000 | - |
| Capital10 | - | - | - | - | €20,000 | - |
| Profit (loss) carried forward14 | €1.3m | €1.4m | €1.7m | €1.9m | €1.9m | ▲ 3.5% |
| Provisions and deferred taxes16 | - | - | €83,644 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | €83,644 | - | - | - |
| Other liabilities and charges164/5 | - | - | €83,644 | - | - | - |
| Amounts payable17/49 | €645,999 | €1.7m | €5.0m | €8.7m | €6.9m | ▼ 20.9% |
| Amounts payable after more than one year17 | €70,000 | €263,580 | €359,756 | €2.3m | €528,358 | ▼ 77.1% |
| Financial debts170/4 | - | €263,580 | €263,580 | €2.3m | €528,358 | ▼ 77.1% |
| Other amounts payable178/9 | - | - | €96,176 | - | - | - |
| Amounts payable within one year42/48 | €291,017 | €565,930 | €311,820 | €894,646 | €454,152 | ▼ 49.2% |
| Trade debts44 | €145,051 | €71,668 | €105,576 | €156,045 | €157,142 | ▲ 0.7% |
| Suppliers440/4 | - | €71,668 | €105,576 | €156,045 | €157,142 | ▲ 0.7% |
| Advances received on contracts in progress46 | - | €360,000 | - | €315,000 | - | - |
| Taxes, remuneration and social security45 | - | €134,263 | €206,244 | €203,117 | €253,998 | ▲ 25.1% |
| Taxes450/3 | - | €32,035 | €44,328 | €18,711 | €62,542 | ▲ 234% |
| Remuneration and social security454/9 | - | €102,228 | €161,916 | €184,407 | €191,456 | ▲ 3.8% |
| Accrued charges and deferred income492/3 | - | €886,058 | €4.4m | €5.5m | €5.9m | ▲ 7.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €105,182 | €100,772 | €319,257 | €176,808 | €65,650 | ▼ 62.9% |
| + Depreciation and write-downs630 | €2,520 | €1,282 | €883 | €609 | €609 | = |
| Operating cash flow (approximation) | €107,702 | €102,054 | €320,140 | €177,417 | €66,259 | ▼ 62.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,222 | - |
| Change in cash | - | €487,133 | €536,244 | €1.1m | -€2.9m | ▼ 356% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet €65,650 ▼62.9%
Net result drops to €65,650, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €319,257 ▲217%
Net result €319,257, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 21.77
Current ratio from 5.44 to 21.77; short-term debt falls from €565,930 to €311,820.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €1mEq €1.2m ▲26.3%
2 profitable years in a row build equity to €1.2m.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
15-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 199 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Charleroi · 1 establishment unit since 2006
Ground area
8,679 m²
Building footprint
791 m²
Volume, LiDAR
12,567 m³
Parcel 52028B0323/00M003, Wallonia · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
WAGRALIM
since 20062.163.601.232
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028B0323/00M003 | Wallonia | 8,679 m² | 1 · 791 m² | 18.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
European Union, budget
2021 to 2025 · 7 entries · 2,525,163 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 52,268 EUR |
| 2024 | 1 | 618,345 EUR |
| 2023 | 1 | 601,289 EUR |
| 2022 | 3 | 1,104,010 EUR |
| 2021 | 1 | 149,250 EUR |
Projects
B-RESILIENT - B-RESILIENT: BUILDING THE BIOMASS RESILIENCE OF FOOD PRODUCING AND PROCESSING SMES THROUGH GREEN AND DIGITALISED VALUE CHAINS
BIOTECH4FOOD - ACCELERATION OF NEW PROMISING CIRCULAR AGRI-FOOD VALUE CHAINS AND SUSTAINABLE BIO-INDUSTRIAL INTERREGIONAL INVESTMENT IN SMES BY INTEGRATION OF ADVANCED BIOTECHNOLOGY
TRIBIOME - ADVANCED TOOLS FOR INTEGRATION AND SYNERGISTIC INTERCONNECTION OF MICROBIOMES IN RESILIENT FOOD SYSTEMS
HIGHFIVE - ENHANCING DIGITAL AND GREEN GROWTH IN THE FOOD PROCESSING INDUSTRY VIA INTERREGIONAL INNOVATION INVESTMENTS
F2F HEALTH MATTERS - F2F HEALTH MATTERS: INTERNATIONAL DEVELOPMENT OF INNOVATIVE EUROPEAN HEATHY FOOD, AND SUSTAINABLE BIO-BASED TECHNO-FUNCTIONAL INGREDIENTS AND SOLUTIONS, AND BIO-SOLUTIONS IN NEW GLOBAL MARKETS
Show 1 more projects
GREEN RESILIENT APPROACHES TO ANCHOR EUROPEAN FOOD-PRODUCING AND PROCESSING SMES INTO GLOBAL VALUE CHAINS THROUGH CONNECTING PLACE-BASED BIOMASS SYSTEM INNOVATION ACTORS
European research
5 projects · 1,167,136 EUR EU contributionProjects
Smart and flexible Separation and Valorisation of mixed bio-waste from along the agri-food value chain.
Advanced tools for integration and synergistic inTeRconnectIon of microBIOMEs in resilient food systems
Beneficial effects of dietary bioactive peptides and polyphenols on cardiovascular health in humans
Smart modular mobile biorefining of manure to zero-waste maximising resource and nutrient recovery for feed and fertiliser bioingredients in rural areas
Smart Sensor System for Food Safety, Quality Control and Resource Efficiency in the Food Processing Industry
Recognitions · licences · registrations
Legal Entity Identifier
984500910KB89CB46E76
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Identification & contact
Identification
Legal formNon-profit association
Founded04-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
94110Activities of business and employers' organisations
E-invoicing
Reachable via Peppol
Peppol ID
0208:0885635635
Also
9925:BE0885635635
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.