WALBROU MICHIEL
ActiveThe computed 12-month bankruptcy probability of WALBROU MICHIEL is 1.9% (moderate). The 2025 annual accounts show equity of €5k and a net result of €155k. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 27619 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency26▼-53
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.9%
Return on assets
28.6%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27619 sector peers (2025).
NBB · sector comparisonPosition among 27619 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
15 d early
2024
2 d early
2023
1 d early
2022
3 d early
2021
2 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 97.6%
2024 · €204k
2021: €54k
2022: €102k
2023: €145k
2024: €204k
2021 → 2025
Total assets
€543k▲ 43.3%
2024 · €379k
2021: €193k
2022: €251k
2023: €379k
2024: €379k
2021 → 2025
Net result
€155k▲ 42.3%
2024 · €109k
2021: €49k
2022: €53k
2023: €46k
2024: €109k
2021 → 2025
Working capital
€-98k
2024 · €129k
2021: €-29k
2022: €4k
2023: €72k
2024: €129k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€102k▲ 89.3%€145k▲ 41.8%€204k▲ 41.2%€5k▼ 97.6%
Operating result€53k-€64k▲ 22.6%€60k▼ 7.6%€135k▲ 127%€195k▲ 44.6%
Net result€49k-€53k▲ 8.7%€46k▼ 14.0%€109k▲ 139%€155k▲ 42.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €543k
Fixed assets
€182k▲ 61.9%
Current assets
€361k▲ 35.4%
Equity and liabilities €543k
Equity
€5k▼ 97.6%
Debt
€538k▲ 208%
The debt ratio rises from 46.2% to 99.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€236k▲
2024 · €180k
Cash flow
€196k▲
2024 · €154k
Solvency
0.9%▼
2024 · 53.8%
Current ratio
0.79▼
2024 · 1.94
Quick ratio
0.62▼
2024 · 1.27
ROA
28.6%▼
2024 · 28.8%
Interest coverage
49.25▲
2024 · 44.10
Debt
€538k▲
2024 · €175k
Debt ≤ 1 year
€460k▲
2024 · €137k
Debt > 1 year
€78k▲
2024 · €38k
Income taxes
€43k▲
2024 · €28k
Staff costs
€53k▲
2024 · €29k
A ratio outside any meaningful range has been withheld (balance sheet total €543k, equity €5k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€379k€543k▲
Fixed assets21/28€112k€182k▲
Intangible fixed assets21€1€0▼
Tangible fixed assets22/27€112k€182k▲
Plant, machinery and equipment23€20k€19k▼
Furniture and vehicles24€44k€114k▲
Other tangible fixed assets26€48k€49k▲
Current assets29/58€267k€361k▲
Stocks and contracts in progress3€92k€74k▼
Stocks30/36€28k€34k▲
Contracts in progress37€64k€41k▼
Amounts receivable within one year40/41€85k€126k▲
Trade receivables40€19k€122k▲
Other amounts receivable41€66k€4k▼
Current investments50/53€50k€0▼
Cash at bank and in hand54/58€36k€151k▲
Deferred charges and accrued income490/1€4k€10k▲
Equity and liabilities
Total equity and liabilities10/49€379k€543k▲
Equity10/15€204k€5k▼
Contributions10/11€5k€5k=
Reserves13€199k€0▼
Distributable reserves133€199k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€175k€538k▲
Amounts payable after more than one year17€38k€78k▲
Financial debts170/4€38k€78k▲
Amounts payable within one year42/48€137k€460k▲
Current portion of amounts payable after more than one year42€32k€39k▲
Financial debts43€28k€9k▼
Credit institutions430/8€28k€9k▼
Trade debts44€30k€41k▲
Suppliers440/4€30k€41k▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€848€2k▲
Remuneration and social security454/9€7k€3k▼
Other amounts payable47/48€40k€366k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€29k€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€41k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€210k€291k▲
Operating profit (loss)9901€135k€195k▲
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€137k€198k▲
Income taxes67/77€28k€43k▲
Profit (loss) for the period9904€109k€155k▲
Profit (loss) for the period to be appropriated9905€109k€155k▲
Appropriation of the result
Profit (loss) to be appropriated9906€109k€155k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€199k
Transfer to equity691/2€60k€0▼
To other reserves6921€60k€0▼
Profit to be distributed694/7€50k€355k▲
Return on contributions (dividend)694€45k€350k▲
Directors or managers695€5k€5k=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2021net €155k ▲42.3%
Operating result €195k, net result €155k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €200kEq €204k ▲41.2%
4 profitable years in a row build equity to €204k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €46k ▼14%
Net result drops to €46k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100kEq €102k ▲89.3%
2 profitable years in a row build equity to €102k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ieper · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijselseweg 1248900 IeperGround area
1,446 m²
Building footprint
279 m²
Volume, LiDAR
1,124 m³
Parcel 33011D0211/00M000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Atelier Appliquer
since 20202.297.295.441
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011D0211/00M000 | Flanders | 1,446 m² | 1 · 279 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Flemish government
2025 · 1 entry · 386 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 386 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteIeper2.297.295.441
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 3,691 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2019
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
47242Retail sale of chocolate and confectionery
47554Retail trade
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:abegaelflorizoone@hotmail.com
E-mail:info@michielwalbrou.be
Phone:0474/396472
Phone:0497/812826