WALINVEST
ActiveWALINVEST has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.31M and a net result of €443k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 1617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▲+12
Solvency58▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.19 in 2024; short-term debt: 29.4% and cash: 0.5% of total assets), and 67.5% 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○neutral
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
32.5%
Return on assets
11%
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
65 d late
2022
66 d late
2021
31 d late
2020
72 d late
2019
56 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.31M▲ 51.1%
2024 · €867k
2018: €319k
2019: €325k
2020: €376k
2021: €1.01M
2022: €1.36M
2023: €1.29M
2024: €867k
2018 → 2025
Total assets
€4.03M▼ 10.0%
2024 · €4.48M
2018: €586k
2019: €2.89M
2020: €2.97M
2021: €4.69M
2022: €5.04M
2023: €4.92M
2024: €4.48M
2018 → 2025
Net result
€443k▲ 8,271%
2024 · €5k
2018: €-13k
2019: €5k
2020: €52k
2021: €10k
2022: €-70k
2023: €-78k
2024: €5k
2018 → 2025
Working capital
€-671k▲ 56.0%
2024 · €-1.52M
2018: €187k
2019: €-296k
2020: €75k
2021: €-1.22M
2022: €-1.31M
2023: €-1.49M
2024: €-1.52M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.01M-€1.36M▲ 35.2%€1.29M▼ 5.7%€867k▼ 32.6%€1.31M▲ 51.1%
Operating result€49k-€38k▼ 22.9%€17k▼ 56.5%€99k▲ 495%€97k▼ 1.6%
Net result€10k-€-70k€-78k▼ 11.0%€5k€443k▲ 8,271%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.03M
Fixed assets
€3.51M▼ 14.5%
Current assets
€513k▲ 39.7%
Equity and liabilities €4.03M
Equity
€1.31M▲ 51.1%
Provisions
€10k▼ 3.6%
Debt
€2.71M▼ 24.8%
The debt ratio falls from 80.4% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€203k▼
2024 · €209k
Cash flow
€549k▲
2024 · €116k
Solvency
32.5%▲
2024 · 19.4%
Current ratio
0.43▲
2024 · 0.19
Quick ratio
0.43▲
2024 · 0.19
Debt / equity
2.07▼
2024 · 4.15
ROE
33.8%▲
2024 · 0.6%
ROA
11.0%▲
2024 · 0.1%
Interest coverage
2.01▼
2024 · 2.23
Debt
€2.71M▼
2024 · €3.60M
Debt ≤ 1 year
€1.18M▼
2024 · €1.89M
Debt > 1 year
€1.52M▼
2024 · €1.71M
Income taxes
€175▲
2024 · €-3
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€4.48M€4.03M▼
Fixed assets21/28€4.11M€3.51M▼
Tangible fixed assets22/27€2.22M€2.13M▼
Land and buildings22€2.18M€2.13M▼
Plant, machinery and equipment23€42k€0▼
Financial fixed assets28€1.89M€1.39M▼
Current assets29/58€367k€513k▲
Amounts receivable within one year40/41€323k€472k▲
Trade receivables40€306k€406k▲
Other amounts receivable41€17k€66k▲
Current investments50/53€20k€20k=
Cash at bank and in hand54/58€20k€19k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€4.48M€4.03M▼
Equity10/15€867k€1.31M▲
Contributions10/11€642k€642k=
Revaluation surpluses12€0-
Reserves13€292k€668k▲
Tax-exempt reserves132€30k€29k▼
Distributable reserves133€262k€640k▲
Profit (loss) carried forward14€-67k€0▲
Provisions and deferred taxes16€10k€10k▼
Deferred taxes168€10k€10k▼
Amounts payable17/49€3.60M€2.71M▼
Amounts payable after more than one year17€1.71M€1.52M▼
Financial debts170/4€1.71M€1.52M▼
Amounts payable within one year42/48€1.89M€1.18M▼
Current portion of amounts payable after more than one year42€91k€152k▲
Financial debts43€42k€0▼
Credit institutions430/8€42k€0▼
Trade debts44€61k€105k▲
Suppliers440/4€61k€105k▲
Taxes, remuneration and social security45€48k€19k▼
Taxes450/3€46k€19k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€1.65M€908k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€106k▼
Other operating charges640/8€8k€11k▲
Gross operating margin9900€217k€214k▼
Operating profit (loss)9901€99k€97k▼
Financial income75/76B€163€1.02M▲
Recurring financial income75€163€992k▲
Non-recurring financial income76B-€27k
Financial charges65/66B€94k€672k▲
Recurring financial charges65€94k€101k▲
Non-recurring financial charges66B-€571k
Profit (loss) for the period before taxes9903€5k€443k▲
Transfer from deferred taxes780€354€354=
Income taxes67/77€-3€175▲
Profit (loss) for the period9904€5k€443k▲
Transfer from tax-exempt reserves789€1k€1k=
Profit (loss) for the period to be appropriated9905€6k€444k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-67k€377k▲
Profit (loss) brought forward from the previous period14P€-74k€-67k▲
Transfer to equity691/2-€377k
To other reserves6921-€377k
The notes to these accounts (27 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €443k ▲8271%
Net result €443k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.31M ▲51.1%
2 profitable years in a row build equity to €1.31M.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
31-12
Financial
Weakest financial yearnet €-78k
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 66 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €1MEq €1.01M ▲168%
3 profitable years in a row build equity to €1.01M.
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 72 days late
2020
31-12
Financial
Liquidity times 5current ratio 1.27
Current ratio from 0.26 to 1.27; short-term debt falls from €401k to €279k.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2010
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.
Heidelbergstraat 788200 BruggeGround area
3.2 ha
Building footprint
740 m²
Parcel 31512B0460/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
WALINVEST
since 20102.193.281.153
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31512B0460/00D000 | Flanders | 3.2 ha | 1 · 740 m² | - |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.193.281.153
Similar companies · same sector, comparable size
PAN
BE 0459.955.291
Oostende · Eq €1.31M
KI COMMUNICATIONS
BE 0466.505.563
Kontich · Eq €1.31M
HQ38
BE 0432.741.843
Hasselt · Eq €1.30M
FIELD & CONCEPT
BE 0458.706.664
Sint-Lambrechts-Woluwe · Eq €1.30M
LIELENS and PARTNERS
BE 0459.374.974
Schaarbeek · Eq €1.32M
Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 1,353 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-08-2010
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
55100Hotels and similar accommodation
55204Guest rooms (bed and breakfast)
55209Other holiday and short-stay accommodation
56101Full-service restaurants
56111Full-service restaurants
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.