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WALAS TECHNICS

Active
Private limited companyfounded 2024active for 1 yearBieststraat 181, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 1017.235.535

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

WALAS TECHNICS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,936 and a net result of €39,769. Its solvency ranks better than 48% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
15-06-2026
Format
micro format
Reference
2026-00160546
Turnover
≈ €220,000
Estimated: probably between €150,000 and €360,000
Total assets
€89,215
Net result
€39,769
Working capital
€2,191

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €89,215
Fixed assets €37,746
Current assets €51,469
Equity and liabilities €89,215
Equity €39,936
Debt €49,279
Debt finances 55.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€60,094
Cash flow
€48,807
Current ratio
1.04
Quick ratio
0.76
Debt to equity
1.23
ROE
99.6%
ROA
44.6%
Interest coverage
56.42
Debt ≤ 1 year
€49,279
Income taxes
€10,222

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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
Filed annual accounts As filed with the NBB · 2025 · 42 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 15-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€89,215
Fixed assets21/28€37,746
Tangible fixed assets22/27€37,746
Plant, machinery and equipment23€902
Furniture and vehicles24€31,004
Other tangible fixed assets26€5,840
Current assets29/58€51,469
Stocks and contracts in progress3€14,043
Stocks30/36€14,043
Amounts receivable within one year40/41€11,955
Trade receivables40€11,955
Current investments50/53€0
Cash at bank and in hand54/58€22,234
Deferred charges and accrued income490/1€3,238
Equity and liabilities
Total equity and liabilities10/49€89,215
Equity10/15€39,936
Contributions10/11€1,000
Reserves13€38,936
Distributable reserves133€38,936
Amounts payable17/49€49,279
Amounts payable within one year42/48€49,279
Trade debts44€15,522
Suppliers440/4€15,522
Taxes, remuneration and social security45€5,022
Taxes450/3€5,022
Other amounts payable47/48€28,735
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,038
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€488
Other operating charges640/8€468
Gross operating margin9900€61,051
Operating profit (loss)9901€51,056
Financial charges65/66B€1,065
Recurring financial charges65€1,065
Profit (loss) for the period before taxes9903€49,991
Income taxes67/77€10,222
Profit (loss) for the period9904€39,769
Profit (loss) for the period to be appropriated9905€39,769
Appropriation of the result
Profit (loss) to be appropriated9906€39,769
Transfer to equity691/2€38,936
To other reserves6921€38,936
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,038
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€488
Other operating charges640/8€468
Gross operating margin9900€61,051
Operating profit (loss)9901€51,056
Financial charges65/66B€1,065
Recurring financial charges65€1,065
Profit (loss) for the period before taxes9903€49,991
Income taxes67/77€10,222
Profit (loss) for the period9904€39,769
Profit (loss) for the period to be appropriated9905€39,769
Line2025
Assets
Total assets20/58€89,215
Fixed assets21/28€37,746
Tangible fixed assets22/27€37,746
Plant, machinery and equipment23€902
Furniture and vehicles24€31,004
Other tangible fixed assets26€5,840
Current assets29/58€51,469
Stocks and contracts in progress3€14,043
Stocks30/36€14,043
Amounts receivable within one year40/41€11,955
Trade receivables40€11,955
Current investments50/53€0
Cash at bank and in hand54/58€22,234
Deferred charges and accrued income490/1€3,238
Equity and liabilities
Total equity and liabilities10/49€89,215
Equity10/15€39,936
Contributions10/11€1,000
Reserves13€38,936
Distributable reserves133€38,936
Amounts payable17/49€49,279
Amounts payable within one year42/48€49,279
Trade debts44€15,522
Suppliers440/4€15,522
Taxes, remuneration and social security45€5,022
Taxes450/3€5,022
Other amounts payable47/48€28,735
Line2025
Profit (loss) for the period9904€39,769
+ Depreciation and write-downs630€9,038
Operating cash flow (approximation)€48,807

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 15-06-2026 2026-00160546 NBB

Similar companies · same sector, comparable size

Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,553. 8,518 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.