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WALAA

Active
Private limited company (pre-2019)founded 2010active for 16 yearsKeizer Karellaan 124, 1083 Ganshoren, Belgium36 active companies are registered at this addressKBO/BCE: BE 0825.202.061
Summary

The computed 12-month bankruptcy probability of WALAA is 2.6% (moderate). The 2024 annual accounts show negative equity (-€5,323) and a net result of -€20,149. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€19,393total assets 2024
Equity
-€5,323
Loss
-€20,149
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.6%
Structure
  • MCHEIK ALIManager
Accounts 77 days overdue2 of 13 deeds read
Why 49raises riskNo main activity registered1 financial year not filed after the legal deadline; latest accounts 29 days late; 2 of the last 3 latelowers riskSize: total assets €19,393Founded in 2010Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 0-57
equity -27.4% of total assets
Liquidity 50=
short-term debt 127.4% · cash 83.1%
Profitability 0=
return on assets -103.9%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 9.3% 12-2024: 11.5%▲ +2.2 percentage points vs 11-2024 01-2025: 14.4%▲ +2.9 percentage points vs 12-2024 02-2025: 14.4%● unchanged vs 01-2025 03-2025: 14.8%▲ +0.4 percentage points vs 02-2025 04-2025: 14.3%▼ -0.5 percentage points vs 03-2025 05-2025: 14.3%● unchanged vs 04-2025 06-2025: 14.3%● unchanged vs 05-2025 07-2025: 14.3%● unchanged vs 06-2025 08-2025: 15.0%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 4.2%▼ -10.8 percentage points vs 08-2025 10-2025: 4.2%● unchanged vs 09-2025 11-2025: 4.2%● unchanged vs 10-2025 12-2025: 4.1%▼ -0.1 percentage points vs 11-2025 01-2026: 4.1%● unchanged vs 12-2025 02-2026: 4.1%● unchanged vs 01-2026 03-2026: 4.0%▼ -0.1 percentage points vs 02-2026 04-2026: 4.3%▲ +0.3 percentage points vs 03-2026 05-2026: 4.6%▲ +0.3 percentage points vs 04-2026 06-2026: 5.0%▲ +0.4 percentage points vs 05-2026 07-2026: 1.8%▼ -3.2 percentage points vs 06-2026lowest value 08-2026: 2.2%▲ +0.4 percentage points vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026 10-2026: 2.6%▲ +0.4 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.78, compared with 1.47 in 2023, below 1; short-term debt: 127.4% and cash: 83.1% of total assets), and equity is negative.
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 (no NACE code, micro): better than 5% on solvency, 35% on liquidity, 4% on profitability and 2% on growth.

The bankruptcy probability was computed on 15-10-2026 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

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €19,393
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · No main activity registered
KBO
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 29 days late; 2 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€5,323
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
394 days late
2022
197 days late
2021
92 days late
2020
153 days late
2019
150 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 169 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. General meeting · Registered-office moveDirector in office
  2. Resignation: MCHEIK HAMZA (director)Gazette deed
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€5,323 View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Caution: A director leftlatest change 10-06-2026 · 1 in office 1 left View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€20,149 View

By topic

Financials

Financial year
2024
Total assets
€19,393
Loss
-€20,149
Solvency
-27.4%
Go to Financials

Timeline

Events
15
Since
2012
  1. 29-08-2025Annual accounts filed
  2. 13-02-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
21-04-2010
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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