Walcom Business Solutions
ActiveSummary
The computed 12-month bankruptcy probability of Walcom Business Solutions is 2.1% (moderate). The 2024 annual accounts show equity of €811k and a net result of €160k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 97 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+17
Solvency97▲+11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.55 against 2.54 in 2023; short-term debt: 27.6% and cash: 67.9% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
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 2024Solvency, return and age of the figures
Solvency
72.4%
Return on assets
14.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
49 d early
2022
40 d early
2021
39 d early
2020
26 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€160k▲ 1,058%
2023 · €14k
2018: €91k
2019: €186k
2020: €47k
2021: €157k
2022: €95k
2023: €14k
2018 → 2024
Working capital
€787k▲ 25.2%
2023 · €629k
2018: €-152k
2019: €111k
2020: €239k
2021: €471k
2022: €613k
2023: €629k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€385k-€542k▲ 40.7%€637k▲ 17.6%€651k▲ 2.2%€811k▲ 24.5%
Operating result€57k-€236k▲ 315%€265k▲ 12.3%€97k▼ 63.5%€245k▲ 153%
Net result€47k-€157k▲ 234%€95k▼ 39.1%€14k▼ 85.6%€160k▲ 1,058%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 153% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.12M
Fixed assets
€24k ▲ 5.2%
Current assets
€1.10M ▲ 5.7%
Equity and liabilities €1.12M
Equity
€811k ▲ 24.5%
Debt
€310k ▼ 24.2%
The debt ratio falls from 38.5% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€251k▲
2023 · €110k
Cash flow
€166k▲
2023 · €27k
Current ratio
3.55▲
2023 · 2.54
Debt / equity
0.38▼
2023 · 0.63
ROE
19.7%▲
2023 · 2.1%
ROA
14.2%▲
2023 · 1.3%
Interest coverage
31.07▲
2023 · 16.12
Debt ≤ 1 year
€309k▼
2023 · €408k
Income taxes
€77k▲
2023 · €76k
Staff costs
€1.51M▼
2023 · €1.58M
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.06M€1.12M▲
Fixed assets21/28€23k€24k▲
Tangible fixed assets22/27€23k€24k▲
Plant, machinery and equipment23€2k€530▼
Furniture and vehicles24€8k€5k▼
Other tangible fixed assets26€14k€19k▲
Current assets29/58€1.04M€1.10M▲
Amounts receivable within one year40/41€206k€335k▲
Trade receivables40€176k€279k▲
Other amounts receivable41€31k€56k▲
Cash at bank and in hand54/58€830k€761k▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.12M▲
Equity10/15€651k€811k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€584k€743k▲
Amounts payable17/49€409k€310k▼
Amounts payable within one year42/48€408k€309k▼
Financial debts43€182k€189k▲
Other loans439€182k€189k▲
Trade debts44€56k€17k▼
Suppliers440/4€56k€17k▼
Taxes, remuneration and social security45€171k€103k▼
Taxes450/3€31k€10k▼
Remuneration and social security454/9€139k€93k▼
Accrued charges and deferred income492/3€485€600▲
Income statement
Code20232024
Remuneration, social security and pensions62€1.58M€1.51M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€6k▼
Other operating charges640/8€52k€81k▲
Gross operating margin9900€1.74M€1.84M▲
Operating profit (loss)9901€97k€245k▲
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€90k€237k▲
Income taxes67/77€76k€77k▲
Profit (loss) for the period9904€14k€160k▲
Profit (loss) for the period to be appropriated9905€14k€160k▲
Appropriation of the result
Profit (loss) to be appropriated9906€584k€743k▲
Profit (loss) brought forward from the previous period14P€570k€584k▲
Social balance
Average headcount (FTE)908719.618.2▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €14k ▼85.6%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500kEq €542k ▲40.7%
4 profitable years in a row build equity to €542k.
05-07
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
Highest result since 2018net €186k ▲105%
Operating result €276k, net result €186k, both a record.
31-12
Financial
Equity above €200kEq €338k ▲122%
2 profitable years in a row build equity to €338k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Evere · 1 establishment unit since 2017
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.
Bourgetlaan 31140 EvereGround area
1.6 ha
Building footprint
5,133 m²
Volume, LiDAR
111,506 m³
2 parcels, Brussels, Wallonia · tallest building 27.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
WALCOM BUSINESS SOLUTIONS
since 20172.267.101.222
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372B0019/00V000 | Brussels | 1.3 ha | 1 · 4,706 m² | 27.6 m · 7 fl. |
| 92065B0055/00Z000 | Wallonia | 2,286 m² | 1 · 428 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TRANS MARINE AGENCIES
BE 0424.689.061
Antwerpen · Eq €809k
TECHTRADE
BE 0880.068.528
Bree · Eq €802k
EURATEC
BE 0772.326.173
Brussel · Eq €821k
DIGITALEUROPE
BE 0471.476.121
Brussel · Eq €835k
Falco Lines Belgium
BE 0456.035.701
Antwerpen · Eq €841k
Of 1,376 companies in sector 61100 we hold annual accounts for 586. 288 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-07-2017
Fiscal year end31-12
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
61900Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.