Turnover
≈ €160,000 estimated
The micro format states no turnover.
WALAS EXPRESS
Lifetime
1 annual account with figurespeak €18,852 (2025)
€18,852
peak €11,553 (2025)
€11,553
peak €13,553 (2025)
€13,553
€24,292
Board1 name since 2024
1 directorEL KADI Ouled
Documentsfilings and deeds
28-08-202628 days late
2025micro format
First year with figures
Key points
from the 2025 annual accounts2025 accounts filed 28 days after the deadline
Checked score
49
Fair
Financially stronger than 53% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 3.6%lowest value
12-2025: 3.7%▲ +0.1 percentage points vs 11-2025
01-2026: 3.8%▲ +0.1 percentage points vs 12-2025
02-2026: 4.2%▲ +0.4 percentage points vs 01-2026
03-2026: 4.2%● unchanged vs 02-2026
04-2026: 4.6%▲ +0.4 percentage points vs 03-2026
05-2026: 5.0%▲ +0.4 percentage points vs 04-2026highest value
06-2026: 5.0%● unchanged vs 05-2026highest value
07-2026: 4.8%▼ -0.2 percentage points vs 06-2026
08-2026: 4.8%● unchanged vs 07-2026
09-2026: 4.2%▼ -0.6 percentage points vs 08-2026
10-2026: 4.3%▲ +0.1 percentage points vs 09-2026
11-2026: 4.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €37,844
Sector: Land transport and transport via pipelines (NACE 49)
Liquidity: current ratio 0.99, cash €1,382
Calculation
The band follows from the bankruptcy probability. 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 49, micro). It does better than 48% of them on solvency, 18% on liquidity and 94% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as WALAS EXPRESS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WALAS EXPRESS itself is higher: 4.3% within 12 months. It rests on far more data about WALAS EXPRESS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for WALAS EXPRESS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.99, below 1. Short-term debt is 64.2% and cash 3.7% of total assets. 64.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 1 filingDeviation from the deadline
2025
28 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015167950
Incorporation
Founding capital of €2,000, 100 shares · Founder: EL KADI Ouled · Appointment: EL KADI Ouled (director) · published on 18-10-2024 · Gazette deed
First establishment
Roeiersstraat 27, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WALAS EXPRESS Vilvoorde | €37,844 | €18,852 | 35.8% | - |
| BS FAST Vilvoorde | €31,489 | €17,629 | 38.3% | - |
| MELYAK Grimbergen | €30,960 | €20,169 | 75.2% | - |
| TRANSPORT PONCELET ADRIEN Drogenbos | €44,143 | €23,486 | 60.6% | - |
| VAN OMERGEM Meise | €48,820 | €20,030 | 63.8% | - |
| SKYCAR Auderghem | €37,667 | €20,761 | -2.6% | - |
| Ayda Networks Sint-Niklaas | €36,149 | €17,117 | 76.8% | - |
These companies have the same main activity as WALAS EXPRESS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €31,000 and €48,800, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 16-10-2024Normal situation
- Registered office
- 285 active companies are registered at this address64 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Freight transport by roadNACE 49410and 5 others
- Establishment unit
- 2.365.855.3381000 Brussels, since 16-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 29-03-2026
Insights on WALAS EXPRESS
The computed 12-month bankruptcy probability of WALAS EXPRESS is 4.3% (elevated). The 2025 annual accounts show equity of €13,553 and a net result of €11,553.
Its solvency ranks better than 48% of 5,946 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WALAS EXPRESS
- What is the company number of WALAS EXPRESS?
- The company number of WALAS EXPRESS is 1015.167.950. The VAT number is the same number with BE in front: BE 1015.167.950.
- Where is WALAS EXPRESS based?
- The registered office is at Guldenschaapstraat 6, 1800 Vilvoorde.Company details
- What does WALAS EXPRESS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of WALAS EXPRESS?
- WALAS EXPRESS is a private limited company (BV).
- When was WALAS EXPRESS founded?
- WALAS EXPRESS was founded on 16-10-2024.
- Is WALAS EXPRESS still active?
- Yes, WALAS EXPRESS is an active enterprise in the KBO register.
- What is the turnover of WALAS EXPRESS?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €18,852 and 67 comparable companies (NACE 49410). It probably lies between €81,000 and €260,000. It is a rough estimate.Financials
- Is WALAS EXPRESS profitable?
- In financial year 2025, WALAS EXPRESS made a profit of €11,553.
- Where can I find the annual accounts of WALAS EXPRESS?
- WALAS EXPRESS filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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