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WALHITEC

Active
Private limited companyfounded 201313 yrs activeRue des Artisans 22, 4877 Olne, BelgiumKBO/BCE: BE 0502.523.049
Summary

WALHITEC has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €337,346 and a net result of €22,630. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 2715 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency73▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.33 in 2024; short-term debt: 31.9% and cash: 14.9% of total assets), and 52.3% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47.7%
Return on assets
3.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
21 d late
2023
60 d late
2022
30 d late
2021
31 d late
2020
88 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 54 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 January 2013, WALHITEC was incorporated.1 Total assets went from EUR 531,727 in 2018 to EUR 706,746 in 2025 and headcount from 2.4 full-time equivalents in 2019 to 0.8 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019, 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22,630▼ 34.7%
2024 · €34,662
Working capital
€35,840▼ 38.9%
2024 · €58,652
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€15,108▼ 84.7%€39,059▲ 159%€47,723▲ 22.2%€63,094▲ 32.2%€33,055▼ 47.6%
Net result€10,939within the sector's middle half▼ 83.9%€26,077within the sector's middle half▲ 138%€29,507within the sector's middle half▲ 13.2%€34,662within the sector's middle half▲ 17.5%€22,630within the sector's middle half▼ 34.7%
Equity€301,623within the sector's middle half▲ 3.0%€315,537within the sector's middle half▲ 4.6%€309,880within the sector's middle half▼ 1.8%€342,379within the sector's middle half▲ 10.5%€337,346within the sector's middle half▼ 1.5%
Total assets€649,611within the sector's middle half▼ 8.0%€686,318within the sector's middle half▲ 5.7%€672,489within the sector's middle half▼ 2.0%€691,335within the sector's middle half▲ 2.8%€706,746within the sector's middle half▲ 2.2%
Debt€347,988▼ 15.8%€370,781▲ 6.5%€362,609▼ 2.2%€348,956▼ 3.8%€369,400▲ 5.9%
Working capital€112,988▲ 46.0%€133,509▲ 18.2%€124,947▼ 6.4%€58,652▼ 53.1%€35,840▼ 38.9%
Solvency46.4%within the sector's middle half▲ 5.0pp46.0%within the sector's middle half▼ 0.5pp46.1%within the sector's middle half▲ 0.1pp49.5%within the sector's middle half▲ 3.4pp47.7%within the sector's middle half▼ 1.8pp
Staff (FTE)1.8below the sector's middle half=1below the sector's middle half▼ 44.4%0.8below the sector's middle half▼ 20.0%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €15,108€15,108Net result 2021: €10,939€10,939Operating result 2022: €39,059€39,059Net result 2022: €26,077€26,077Operating result 2023: €47,723€47,723Net result 2023: €29,507€29,507Operating result 2024: €63,094€63,094Net result 2024: €34,662€34,662Operating result 2025: €33,055€33,055Net result 2025: €22,630€22,63020212022202320242025€0€20,000€40,000€60,000Operating result 2023: €47,723€47,700Net result 2023: €29,507€29,500Operating result 2024: €63,094€63,100Net result 2024: €34,662€34,700Operating result 2025: €33,055€33,100Net result 2025: €22,630€22,600202320242025
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €706,746
Fixed assets €445,384 ▼ 2.4%
Current assets €261,362 ▲ 11.1%
Equity and liabilities €706,746
Equity €337,346 ▼ 1.5%
Debt €369,400 ▲ 5.9%
Debt's share of the balance-sheet total rises from 50.5% to 52.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€70,959▼
2024 · €91,263
Cash flow
€60,535▼
2024 · €62,831
Current ratio
1.16▼
2024 · 1.33
Debt to equity
1.10▲
2024 · 1.02
ROE
6.7%▼
2024 · 10.1%
ROA
3.2%▼
2024 · 5.0%
Interest coverage
13.94▲
2024 · 6.27
Debt ≤ 1 year
€225,522▲
2024 · €176,569
Debt > 1 year
€134,109▼
2024 · €162,996
Income taxes
€7,514▼
2024 · €16,030
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,040 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.3% went bankrupt
3.6% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,040 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 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€691,335€706,746▲
Fixed assets21/28€456,114€445,384▼
Tangible fixed assets22/27€383,714€372,984▼
Land and buildings22€346,477€340,849▼
Furniture and vehicles24€37,236€32,135▼
Financial fixed assets28€72,400€72,400=
Current assets29/58€235,221€261,362▲
Amounts receivable within one year40/41€38,562€156,353▲
Trade receivables40€8,018€113,357▲
Other amounts receivable41€30,545€42,996▲
Cash at bank and in hand54/58€195,828€105,009▼
Deferred charges and accrued income490/1€832-
Equity and liabilities
Total equity and liabilities10/49€691,335€706,746▲
Equity10/15€342,379€337,346▼
Contributions10/11€19,500€19,500=
Reserves13€196,012€193,642▼
Distributable reserves133€196,012€193,642▼
Profit (loss) carried forward14€90,228€89,729▼
Investment grants15€36,639€34,475▼
Amounts payable17/49€348,956€369,400▲
Amounts payable after more than one year17€162,996€134,109▼
Financial debts170/4€162,996€134,109▼
Amounts payable within one year42/48€176,569€225,522▲
Current portion of amounts payable after more than one year42€27,609€28,888▲
Trade debts44€5,193€10,461▲
Suppliers440/4€5,193€10,461▲
Taxes, remuneration and social security45€8,729€18,974▲
Taxes450/3€6,497€8,308▲
Remuneration and social security454/9€2,232€10,666▲
Other amounts payable47/48€135,039€167,199▲
Accrued charges and deferred income492/3€9,390€9,769▲
Income statement Code20242025
Remuneration, social security and pensions62-€17-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,169€37,904▲
Other operating charges640/8€2,905€3,166▲
Gross operating margin9900€94,151€74,126▼
Operating profit (loss)9901€63,094€33,055▼
Financial income75/76B€2,163€2,181▲
Recurring financial income75€2,163€2,181▲
Financial charges65/66B€14,566€5,092▼
Recurring financial charges65€14,566€5,092▼
Profit (loss) for the period before taxes9903€50,691€30,145▼
Income taxes67/77€16,030€7,514▼
Profit (loss) for the period9904€34,662€22,630▼
Profit (loss) for the period to be appropriated9905€34,662€22,630▼
Appropriation of the result
Profit (loss) to be appropriated9906€124,890€112,859▼
Profit (loss) brought forward from the previous period14P€90,228€90,228=
Transfer from equity791/2-€25,000
Transfer to equity691/2€34,662€22,630▼
To other reserves6921€34,662€22,630▼
Profit to be distributed694/7-€25,500
Return on contributions (dividend)694-€25,000
Directors or managers695-€500

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€34,479€37,187€34,361-€17--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,736€26,952€25,117€28,169€37,904▲ 34.6%
Other operating charges640/8€3,438€232€638€2,905€3,166▲ 9.0%
Gross operating margin9900€80,761€103,429€107,839€94,151€74,126▼ 21.3%
Operating profit (loss)9901€15,108€39,059€47,723€63,094€33,055▼ 47.6%
Financial income75/76B€2,167€2,164€2,163€2,163€2,181▲ 0.8%
Recurring financial income75€2,167€2,164€2,163€2,163€2,181▲ 0.8%
Financial charges65/66B€8,327€8,114€9,942€14,566€5,092▼ 65.0%
Recurring financial charges65€8,327€8,114€9,942€14,566€5,092▼ 65.0%
Profit (loss) for the period before taxes9903€8,948€33,109€39,944€50,691€30,145▼ 40.5%
Income taxes67/77-€1,991€7,032€10,438€16,030€7,514▼ 53.1%
Profit (loss) for the period9904€10,939€26,077€29,507€34,662€22,630▼ 34.7%
Profit (loss) for the period to be appropriated9905€10,939€26,077€29,507€34,662€22,630▼ 34.7%
Line20212022202320242025Change
Assets
Total assets20/58€649,611€686,318€672,489€691,335€706,746▲ 2.2%
Fixed assets21/28€413,659€389,178€364,060€456,114€445,384▼ 2.4%
Tangible fixed assets22/27€404,159€382,778€357,660€383,714€372,984▼ 2.8%
Land and buildings22€398,790€380,430€357,308€346,477€340,849▼ 1.6%
Plant, machinery and equipment23€4,276€1,576----
Furniture and vehicles24€1,093€772€353€37,236€32,135▼ 13.7%
Financial fixed assets28€9,500€6,400€6,400€72,400€72,400=
Current assets29/58€235,952€297,140€308,429€235,221€261,362▲ 11.1%
Amounts receivable within one year40/41€42,411€81,910€97,395€38,562€156,353▲ 305%
Trade receivables40€3,411€49,149€67,786€8,018€113,357▲ 1,314%
Other amounts receivable41€39,000€32,761€29,608€30,545€42,996▲ 40.8%
Cash at bank and in hand54/58€193,541€215,231€211,034€195,828€105,009▼ 46.4%
Deferred charges and accrued income490/1---€832--
Equity and liabilities
Total equity and liabilities10/49€649,611€686,318€672,489€691,335€706,746▲ 2.2%
Equity10/15€301,623€315,537€309,880€342,379€337,346▼ 1.5%
Contributions10/11€19,500€19,500€19,500€19,500€19,500=
Reserves13€148,850€164,850€161,350€196,012€193,642▼ 1.2%
Non-distributable reserves130/1€1,950€1,950----
Reserves not available under the articles1311€1,950€1,950----
Distributable reserves133€146,900€162,900€161,350€196,012€193,642▼ 1.2%
Profit (loss) carried forward14€90,144€90,221€90,228€90,228€89,729▼ 0.6%
Investment grants15€43,129€40,966€38,802€36,639€34,475▼ 5.9%
Amounts payable17/49€347,988€370,781€362,609€348,956€369,400▲ 5.9%
Amounts payable after more than one year17€207,346€187,065€166,307€162,996€134,109▼ 17.7%
Financial debts170/4€207,346€187,065€166,307€162,996€134,109▼ 17.7%
Amounts payable within one year42/48€122,964€163,631€183,482€176,569€225,522▲ 27.7%
Current portion of amounts payable after more than one year42€19,804€20,281€20,757€27,609€28,888▲ 4.6%
Trade debts44€13,923€51,728€6,460€5,193€10,461▲ 101%
Suppliers440/4€13,923€51,728€6,460€5,193€10,461▲ 101%
Taxes, remuneration and social security45€30,448€17,973€26,320€8,729€18,974▲ 117%
Taxes450/3€25,056€13,312€21,541€6,497€8,308▲ 27.9%
Remuneration and social security454/9€5,392€4,661€4,779€2,232€10,666▲ 378%
Other amounts payable47/48€58,788€73,648€129,945€135,039€167,199▲ 23.8%
Accrued charges and deferred income492/3€17,678€20,085€12,819€9,390€9,769▲ 4.0%
Line20212022202320242025Change
Profit (loss) for the period9904€10,939€26,077€29,507€34,662€22,630▼ 34.7%
+ Depreciation and write-downs630€27,736€26,952€25,117€28,169€37,904▲ 34.6%
Operating cash flow (approximation)€38,675€53,029€54,624€62,831€60,535▼ 3.7%
Investment in fixed assets (approximation)--€2,470€0-€120,223-€27,175▲ 77.4%
Change in cash-€21,690-€4,197-€15,207-€90,819▼ 497%

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
21-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 21 days late
2024
29-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 60 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €10,939 ▼83.9%
Net result drops to €10,939, the lowest in the series; recovery starts the following year.
27-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
31-12
Financial Equity above €200,000Eq €292,847 ▲63.1%
3 profitable years in a row build equity to €292,847.
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial Highest result since 2018net €82,104 ▲77.3%
Operating result €118,149, net result €82,104, both a record.
31-12
Financial Equity above €150,000Eq €179,550 ▲84.3%
2 profitable years in a row build equity to €179,550.
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Olne · 2 establishment units since 2013
seat establishment All 2 establishment units on the map
Ground area
2,032 m²
Building footprint
334 m²
Volume, LiDAR
615 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
2 establishment units
WALHITEC
Chaussée de Wégimont(AYE) 298, 4630 SoumagneManufacture of metal structures and parts of structures
since 20132.216.203.540
WALHITEC
Rue des Artisans 22, 4877 OlneManufacture of metal structures and parts of structures
since 20182.281.866.206
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63057A1373/00A000 Wallonia 1,241 m² 1 · 240 m² -
62008B0304/00G000 Wallonia 791 m² 1 · 94 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

According to the 2025 annual accounts of WALHITEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 13,394 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46180Agents specialised in the wholesale of other particular products
47400Retail sale of information and communication equipment
61100Wired, wireless and satellite telecommunications
62100Computer programming
70200Business and other management consultancy
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0502523049
Registered 20-11-2020

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.