Equity
€1.6m ▲ 0.2%
WALFORM has made a profit without a break since 2021.
WALFORM
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €496,923 (2012)
€417,895▼ 4.5%
lowest -€75,177 (2018)
€193,171▼ 25.4%
peak €1.6m (2025)
€1.6m▲ 0.2%
€1.7m▲ 15.2%
peak 3.5 FTE (2014)
-not published
Board8 names since 2018
4 directors and 3 others
Owners5 names in the annual accounts
70%
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €258,946 to €193,171Debts from €1.4m to €1.7mInvestments €80,235
Key points
from the 2025 annual accountsTurnover
≈ €740,000 estimated
The accounts state no turnover.
Investments
€80,235 3.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 17.1% higher than in 2024.
Staff
4 employees on 31-12-2025
In 2025, 13 people joined and 16 left.
Filings
28 annual accounts since 1998
Nine of the last ten came late. The 2022 accounts came latest: 198 days after the end of the period.
Position in the sector
€193,171
Higher net result than 95% of companies in sports and recreation. Sector median €3,610 · 3,150 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as WALFORM has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for WALFORM. 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
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Signals
Board and ownership
Director
Director,
Director,
Director,
- 70%score equity €301,277 (2025) · 2025 annual accounts of
- 10%score equity €145,934 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0461216687
4 directors appointed
, , and · Permanent representatives: , and · General meeting of 16-05-2024 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 21-05-2020 · Gazette deed
Registered office moved from Angleur to Limelette
New registered office: rue Alfred Haulotte, 52 à 1342 Limelette · Previous registered office: Rue Vieux Frêne, 9 à 4031 ANGLEUR · Appointment: (director) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WALFORM Ottignies-Louvain-la-Neuve | €3.3m | €417,895 | 49.1% | - |
| EUROPEAN FITNESS PARADISE Mouscron | €3.1m | €394,239 | 78.5% | 3.1 |
| O2XYGEN Nazareth-De Pinte | €3.9m | €502,743 | 24.1% | - |
| BOXBERGER Dessel | €3.2m | €288,949 | 79.3% | - |
| FACE NORD Mons | €2.6m | €281,484 | 12.7% | - |
| BUGO INVEST Genk | €4.2m | €613,072 | 17.2% | - |
| SPORT VILLAGE Lasne | €2.5m | €627,654 | -0.7% | - |
These companies have the same main activity as WALFORM: fitness centres (NACE 93130). They are comparable in size and age: total assets between €2.5m and €4.2m, founded between 1985 and 2002.
Official details
Source: KBO- Status
- Active since 28-07-1997Normal situation
- Activity
- Fitness centresNACE 93130
- Establishment unit
- 2.083.014.8205101 Namur, since 28-03-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2025
Companies linked to WALFORM
Parent and group
Insights on WALFORM
WALFORM files the micro format. That format states no turnover. The gross margin rose from €213,133 in 2006 to €417,895 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
holds 70% of the shares.
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 WALFORM
- What is the company number of WALFORM?
- The company number of WALFORM is 0461.216.687. The VAT number is the same number with BE in front: BE 0461.216.687.
- Where is WALFORM based?
- The registered office is at Rue Alfred Haulotte 52, 1342 Ottignies-Louvain-la-Neuve.Company details
- What does WALFORM do?
- According to the KBO register, the main activity is fitness centres (NACE 93130).
- What is the legal form of WALFORM?
- WALFORM is a public limited company (NV).
- When was WALFORM founded?
- WALFORM was founded on 28-07-1997.
- Is WALFORM still active?
- Yes, WALFORM is an active enterprise in the KBO register.
- How many employees does WALFORM have?
- WALFORM had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of WALFORM?
- The turnover in financial year 2025 is ≈ €740,000. This figure is estimated from the gross margin of €417,895 and 30 comparable companies (NACE 931). It probably lies between €550,000 and €920,000.
- Is WALFORM profitable?
- In financial year 2025, WALFORM made a profit of €193,171.
- Where can I find the annual accounts of WALFORM?
- WALFORM filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WALFORM due?
- WALFORM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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