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WALLIMAGE

Active
Public limited companyfounded 200026 yrs activeRue du Onze Novembre 6, 7000 Mons, BelgiumKBO/BCE: BE 0472.062.970
Summary

WALLIMAGE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47.3m and a net result of -€1.3m. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 95% of 188 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2023
Profitability10▼-68
Solvency100=
Growth54▲+7
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 39.88 against 42.85 in 2023; short-term debt: 1.1% and cash: 6.8% of total assets), and 1.6% of the assets are financed with debt.
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Signals

Seven 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 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 26 years 0 30 y
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
98.4%
Return on assets
-2.8%
Age of the figures
9 mo
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 · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 d early
2024
378 d late
2023
400 d late
2022
24 d early
2021
41 d early
2020
37 d early
2019
44 d early
← 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 88 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% 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
26-09-2026 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

WALLIMAGE was incorporated on 7 June 2000.1 The registered office was moved to Mons in 2006.2 Between 2018 and 2021 the capital was increased 3 times, most recently to EUR 17 million.345 WALLIMAGE COPRODUCTIONS and WALLIMAGE ENTREPRISES were merged into the company between 2018 and 2021.67 The board currently has 9 members; Alain TABART has served longest, since 2011.8 Revenue grew from EUR 99,114 in 2021 to EUR 662,851 in 2025 and headcount from 14.2 to 15 full-time equivalents.9

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-04-2006
  3. 3Belgian State Gazette, 28-06-2018
  4. 4Belgian State Gazette, 14-05-2021
  5. 5Belgian State Gazette, 26-08-2021
  6. 6Belgian State Gazette, 17-07-2018
  7. 7Belgian State Gazette, 08-09-2022
  8. 8Belgian State Gazette, 18-09-2017
  9. 9National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€662,851▲ 57.3%
2023 · €421,331
EBIT margin
-1505.1%▼ 1541.7pp
2023 · 36.7%
Net result
-€1.3m▼ 67.5%
2023 · -€799,330
Working capital
€20.5m▼ 19.0%
2023 · €25.3m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232025
Turnover€314,164▼ 19.7%€99,114▼ 68.5%€351,179▲ 254%€421,331▲ 20.0%€662,851-
Operating result-€42,812€1.1m€726,218▼ 34.5%€154,566▼ 78.7%-€10.0m-
Net result-€4,097▲ 46.4%€308,782-€194,319-€799,330▼ 311%-€1.3m-
EBIT margin-13.6%▼ 16.6pp1118.2%▲ 1131.9pp206.8%▼ 911.4pp36.7%▼ 170.1pp-1505.1%-
Equity€28.4m▲ 10.0%€49.5m▲ 74.2%€51.5m▲ 4.0%€51.2m▼ 0.5%€47.3m-
Total assets€30.2m▲ 3.5%€51.9m▲ 71.8%€53.5m▲ 3.0%€53.1m▼ 0.7%€48.1m-
Debt€1.7m▼ 47.6%€2.3m▲ 34.8%€1.9m▼ 17.9%€1.7m▼ 7.8%€761,180-
Working capital€11.8m▼ 3.5%€23.9m▲ 103%€24.9m▲ 4.4%€25.3m▲ 1.4%€20.5m-
Staff (FTE)11.3▲ 11.9%14.2▲ 25.7%14.4▲ 1.4%15.2▲ 5.6%15-
Result per fiscal year
Operating resultNet result
-€10.0m-€5.0m€0Operating result 2020: -€42,812-€42,812Net result 2020: -€4,097-€4,097Operating result 2021: €1.1m€1.1mNet result 2021: €308,782€308,782Operating result 2022: €726,218€726,218Net result 2022: -€194,319-€194,319Operating result 2023: €154,566€154,566Net result 2023: -€799,330-€799,330Operating result 2025: -€10.0m-€10.0mNet result 2025: -€1.3m-€1.3m20202021202220232025-€10m-€5m€0Operating result 2022: €726,218€726,000Net result 2022: -€194,319-€194,000Operating result 2023: €154,566€155,000Net result 2023: -€799,330-€799,000Operating result 2025: -€10.0m-€10mNet result 2025: -€1.3m-€1.3m202220232025
The operating result is -€10.0m in 2025, compared with €154,566 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €48.1m
Fixed assets €27.1m ▼ 0.3%
Current assets €21.0m ▼ 18.8%
Equity and liabilities €48.1m
Equity €47.3m ▼ 7.6%
Provisions €13,352 ▼ 85.0%
Debt €761,180 ▼ 56.1%
Debt's share of the balance-sheet total falls from 3.3% to 1.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2023
EBITDA
-€2.7m▼
2023 · €381,584
Cash flow
€5.9m▲
2023 · -€572,312
Current ratio
39.88▼
2023 · 42.85
Debt to equity
0.02▼
2023 · 0.03
ROE
-2.8%▼
2023 · -1.6%
ROA
-2.8%▼
2023 · -1.5%
Interest coverage
-161.33▼
2023 · 35.67
Debt ≤ 1 year
€527,149▼
2023 · €604,238
Debt > 1 year
€0▼
2023 · €215,462
Income taxes
€3,034▼
2023 · €90,934
Staff costs
€1.4m▲
2023 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 82 lines
Balance sheet Code20232025
Assets
Total assets20/58€53.1m€48.1m▼
Fixed assets21/28€27.2m€27.1m▼
Intangible fixed assets21€438,119€20.1m▲
Tangible fixed assets22/27€24,612€22,645▼
Furniture and vehicles24€24,612€12,466▼
Other tangible fixed assets26-€10,179
Financial fixed assets28€26.7m€6.9m▼
Companies linked by participating interests282/3€8.5m€3.7m▼
Participating interests282€5.7m€2.4m▼
Amounts receivable283€2.8m€1.3m▼
Other financial fixed assets284/8€18.2m€3.3m▼
Shares284€18.2m€1.6m▼
Amounts receivable and cash guarantees285/8€900€1.7m▲
Current assets29/58€25.9m€21.0m▼
Amounts receivable after more than one year29€4.0m€3.1m▼
Other amounts receivable291€4.0m€3.1m▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€4.8m€10.6m▲
Trade receivables40€264,481€70,631▼
Other amounts receivable41€4.5m€10.5m▲
Current investments50/53€5.6m€3.7m▼
Other investments51/53€5.6m€3.7m▼
Cash at bank and in hand54/58€11.5m€3.3m▼
Deferred charges and accrued income490/1€66,038€333,293▲
Equity and liabilities
Total equity and liabilities10/49€53.1m€48.1m▼
Equity10/15€51.2m€47.3m▼
Contributions10/11€16.8m€16.8m=
Capital10€16.8m€16.8m=
Issued capital100€16.8m€16.8m=
Reserves13€49,579€49,579=
Non-distributable reserves130/1€49,579€49,579=
Legal reserve130€49,579€49,579=
Profit (loss) carried forward14-€232,851-€3.2m▼
Investment grants15€34.6m€33.6m▼
Provisions and deferred taxes16€88,984€13,352▼
Provisions for liabilities and charges160/5€88,984€13,352▼
Other liabilities and charges164/5€88,984€13,352▼
Amounts payable17/49€1.7m€761,180▼
Amounts payable after more than one year17€215,462€0▼
Financial debts170/4€215,462€0▼
Other loans174€215,462€0▼
Amounts payable within one year42/48€604,238€527,149▼
Trade debts44€131,749€121,323▼
Suppliers440/4€131,749€121,323▼
Taxes, remuneration and social security45€246,444€188,154▼
Taxes450/3€81,633€24,066▼
Remuneration and social security454/9€164,810€164,088▼
Other amounts payable47/48€226,046€217,672▼
Accrued charges and deferred income492/3€915,345€234,032▼
Income statement Code20232025
Operating income70/76A€2.7m€2.6m▼
Turnover70€421,331€662,851▲
Other operating income74€1.8m€1.8m▲
Non-recurring operating income76A€410,334€136,861▼
Operating charges60/66A€2.5m€12.6m▲
Services and other goods61€533,869€726,915▲
Remuneration, social security and pensions62€1.4m€1.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€227,018€7.2m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€43,149▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€3,103-€83,925▼
Other operating charges640/8€308,539€1.5m▲
Non-recurring operating charges66A€18,728€1.7m▲
Operating profit (loss)9901€154,566-€10.0m▼
Financial income75/76B€8.2m€11.2m▲
Recurring financial income75€7.8m€9.1m▲
Income from financial fixed assets750€86,042€0▼
Income from current assets751€170,112€336,744▲
Other financial income752/9€7.5m€8.8m▲
Non-recurring financial income76B€387,581€2.0m▲
Financial charges65/66B€9.0m€2.5m▼
Recurring financial charges65€12,072€25,459▲
Debt charges650€10,698€16,928▲
Other financial charges652/9€1,373€8,531▲
Non-recurring financial charges66B€9.0m€2.5m▼
Profit (loss) for the period before taxes9903-€708,396-€1.3m▼
Income taxes67/77€90,934€3,034▼
Taxes670/3€90,934€3,034▼
Tax adjustments and reversals of tax provisions77-€0
Profit (loss) for the period9904-€799,330-€1.3m▼
Profit (loss) for the period to be appropriated9905-€799,330-€1.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€232,851-€3.2m▼
Profit (loss) brought forward from the previous period14P€566,479-€1.9m▼
Social balance
Average headcount (FTE)908715.215.0▼

The notes to these accounts (113 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Operating income70/76A-€3.8m€3.9m€2.7m€2.6m-
Turnover70€314,164€99,114€351,179€421,331€662,851-
Other operating income74-€1.8m€1.6m€1.8m€1.8m-
Non-recurring operating income76A-€2.0m€2.0m€410,334€136,861-
Operating charges60/66A-€2.7m€3.2m€2.5m€12.6m-
Services and other goods61-€568,940€502,525€533,869€726,915-
Remuneration, social security and pensions62-€1.2m€1.2m€1.4m€1.4m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,397€241,167€224,891€227,018€7.2m-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€118,451€0€43,149-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€30,656-€15,477-€3,103-€83,925-
Other operating charges640/8-€728,667€1.1m€308,539€1.5m-
Non-recurring operating charges66A--€3,398€18,728€1.7m-
Operating profit (loss)9901-€42,812€1.1m€726,218€154,566-€10.0m-
Financial income75/76B-€6.3m€6.1m€8.2m€11.2m-
Recurring financial income75€4.2m€5.5m€5.6m€7.8m€9.1m-
Income from financial fixed assets750-€149,745€102,483€86,042€0-
Income from current assets751-€27,270€35,374€170,112€336,744-
Other financial income752/9-€5.3m€5.4m€7.5m€8.8m-
Non-recurring financial income76B-€824,685€557,626€387,581€2.0m-
Financial charges65/66B-€7.1m€7.0m€9.0m€2.5m-
Recurring financial charges65€5,363€14,298€36,856€12,072€25,459-
Debt charges650€4,654€7,259€6,442€10,698€16,928-
Other financial charges652/9-€7,039€30,414€1,373€8,531-
Non-recurring financial charges66B-€7.1m€7.0m€9.0m€2.5m-
Profit (loss) for the period before taxes9903€0€311,823-€190,902-€708,396-€1.3m-
Income taxes67/77€4,097€3,042€3,416€90,934€3,034-
Taxes670/3-€3,408€3,416€90,934€3,034-
Tax adjustments and reversals of tax provisions77-€367--€0-
Profit (loss) for the period9904-€4,097€308,782-€194,319-€799,330-€1.3m-
Profit (loss) for the period to be appropriated9905-€4,097€308,782-€194,319-€799,330-€1.3m-
Line20202021202220232025Change
Assets
Total assets20/58€30.2m€51.9m€53.5m€53.1m€48.1m-
Fixed assets21/28€18.1m€27.7m€28.2m€27.2m€27.1m-
Intangible fixed assets21€41,437€793,966€615,280€438,119€20.1m-
Tangible fixed assets22/27€27,349€30,614€31,970€24,612€22,645-
Furniture and vehicles24-€30,614€31,970€24,612€12,466-
Other tangible fixed assets26----€10,179-
Financial fixed assets28€18.0m€26.8m€27.5m€26.7m€6.9m-
Companies linked by participating interests282/3-€9.8m€10.0m€8.5m€3.7m-
Participating interests282-€6.6m€6.6m€5.7m€2.4m-
Amounts receivable283-€3.2m€3.3m€2.8m€1.3m-
Other financial fixed assets284/8-€17.0m€17.6m€18.2m€3.3m-
Shares284-€16.6m€17.3m€18.2m€1.6m-
Amounts receivable and cash guarantees285/8-€446,875€228,857€900€1.7m-
Current assets29/58€12.1m€24.3m€25.3m€25.9m€21.0m-
Amounts receivable after more than one year29---€4.0m€3.1m-
Other amounts receivable291---€4.0m€3.1m-
Stocks and contracts in progress3---€0€0-
Amounts receivable within one year40/41€9.9m€13.3m€7.0m€4.8m€10.6m-
Trade receivables40-€90,535€239,442€264,481€70,631-
Other amounts receivable41-€13.2m€6.8m€4.5m€10.5m-
Current investments50/53-€1.0m€1.0m€5.6m€3.7m-
Other investments51/53-€1.0m€1.0m€5.6m€3.7m-
Cash at bank and in hand54/58€2.2m€10.0m€17.2m€11.5m€3.3m-
Deferred charges and accrued income490/1-€17,511€28,970€66,038€333,293-
Equity and liabilities
Total equity and liabilities10/49€30.2m€51.9m€53.5m€53.1m€48.1m-
Equity10/15€28.4m€49.5m€51.5m€51.2m€47.3m-
Contributions10/11€495,787€16.8m€16.8m€16.8m€16.8m-
Capital10-€16.8m€16.8m€16.8m€16.8m-
Issued capital100-€16.8m€16.8m€16.8m€16.8m-
Reserves13€49,579€49,579€49,579€49,579€49,579-
Non-distributable reserves130/1-€49,579€49,579€49,579€49,579-
Legal reserve130-€49,579€49,579€49,579€49,579-
Profit (loss) carried forward14€452,016€760,797€566,479-€232,851-€3.2m-
Investment grants15-€31.9m€34.0m€34.6m€33.6m-
Provisions and deferred taxes16€87,693€107,563€92,087€88,984€13,352-
Provisions for liabilities and charges160/5-€107,563€92,087€88,984€13,352-
Other liabilities and charges164/5-€107,563€92,087€88,984€13,352-
Amounts payable17/49€1.7m€2.3m€1.9m€1.7m€761,180-
Amounts payable after more than one year17€1.4m€565,529€255,143€215,462€0-
Financial debts170/4-€565,529€255,143€215,462€0-
Other loans174-€565,529€255,143€215,462€0-
Amounts payable within one year42/48€315,426€380,383€340,564€604,238€527,149-
Trade debts44€38,631€93,892€100,233€131,749€121,323-
Suppliers440/4-€93,892€100,233€131,749€121,323-
Taxes, remuneration and social security45-€286,491€217,974€246,444€188,154-
Taxes450/3-€162,905€29,945€81,633€24,066-
Remuneration and social security454/9-€123,586€188,029€164,810€164,088-
Other amounts payable47/48--€22,357€226,046€217,672-
Accrued charges and deferred income492/3-€1.3m€1.3m€915,345€234,032-
Line20202021202220232025Change
Profit (loss) for the period9904-€4,097€308,782-€194,319-€799,330-€1.3m-
+ Depreciation and write-downs630€45,397€241,167€224,891€227,018€7.2m-
Operating cash flow (approximation)€41,299€549,948€30,573-€572,312€5.9m-
Investment in fixed assets (approximation)--€9.8m-€738,939€788,943--
Change in cash-€7.8m€7.2m-€5.7m--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-09
State Gazette act Resignation: Pierre Demeuter (managing director)
Appointment: Medhy Nasser (managing director) · Permanent representative: Guillaume Degand4 facts ▸
  • General meeting, 20-05-2026
  • Director resignation, Pierre Demeuter (managing director)
  • Director appointment, Medhy Nasser (managing director)
  • Permanent representative, Guillaume Degand (permanent representative)
13-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 378 days late
17-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series.
06-10
State Gazette act Appointments: Jean-Philippe ROUSSEAU, Qassem FOSSEPREZ and 6 others
Resignations: Richard MILLER, Virginie VANDEPUTTE and 4 others15 facts ▸
  • General meeting, 16-06-2025
  • Director appointment, Jean-Philippe ROUSSEAU (chair)
  • Director appointment, Qassem FOSSEPREZ (director)
  • Director appointment, Nora ARRAS (director)
  • Director appointment, Clémence DUFRANE (director)
  • Director appointment, Xavier PAPIER (director)
  • Director appointment, Krystelle WALDERS (director)
  • Director appointment, Céline HUPÉ (director)
  • Director appointment, Sébastien DURIEUX (director)
  • Director resignation, Richard MILLER (director)
  • Director resignation, Virginie VANDEPUTTE (director)
  • Director resignation, Violaine HERBAUX (director)
  • +3 further facts in this act
06-10
State Gazette act Appointment: Joiris - Rousseaux, Réviseurs d'entreprises associés (statutory auditor)
Permanent representative: Bernard Rousseaux3 facts ▸
  • General meeting, 16-06-2025
  • Auditor appointment, Joiris - Rousseaux, Réviseurs d'entreprises associés (statutory auditor)
  • Permanent representative, Bernard Rousseaux
04-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 400 days late
2023
07-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
05-01
State Gazette act Appointment: SRL "Joiris, Rousseaux & Co" (commissaire réviseur)
3 facts ▸
  • General meeting, 20-06-2022
  • Board meeting, 16-05-2022
  • Auditor appointment, SRL "Joiris, Rousseaux & Co" (commissaire réviseur)
2022
31-12
Financial Equity above €50mEq €51.5m ▲4%
Equity rises from €49.5m to €51.5m.
20-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €308,782
Net result €308,782 after 2 loss-making years.
Show earlier events
06-12
State Gazette act Appointments: CHARLES Baptiste, DURIEUX Sébastien and 7 others
12 facts ▸
  • General meeting, 25-11-2021
  • Director appointment, CHARLES Baptiste (director)
  • Director appointment, DURIEUX Sébastien (director)
  • Director appointment, HERBAUX Violaine (director)
  • Director appointment, HUPE Célíne (director)
  • Director appointment, LEFEBVRE Stéphane (director)
  • Director appointment, MILLER Richard (director)
  • Director appointment, PAPIER Xavier (director)
  • Director appointment, VANDEPUTTE Virginie (director)
  • Director appointment, WAROUX Véronique (director)
  • Director appointment, MILLER Richard (chair)
  • Director appointment, VANDEPUTTE Virginie (vice-chair)
21-10
State Gazette act Reappointments: Xavier Papier, Alain Tabart and 2 others
5 facts ▸
  • General meeting, 27-08-2021
  • Director reappointment, Xavier Papier (vice président, administrateur)
  • Director reappointment, Alain Tabart (director)
  • Director reappointment, Violaine Herbaux (director)
  • Director reappointment, Virginie Vandeputte (director)
26-08
State Gazette act Capital & shares · Purpose · Statutes amendment · Resignations & appointments · Restructuring
Capital increase · Share issue · Capital14 facts ▸
  • General meeting, 29/06/2021
  • Capital increase, €16.350.584,04
  • Share issue, actions nouvelles, 82447
  • Capital, €16.846.371,08
  • Merger, fusion par absorption, dissolution sans liquidation
  • Dissolution, 01-01-2021
  • Accounting effect, 01/01/2021
  • Purpose change, Intégration de l'objet social de Wallimage Entreprises, ainsi que des activités d'accueil de tournages et de soutien au secteur du gaming
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, WALLIMAGE
  • +2 further facts in this act
88.4% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
24-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
14-05
State Gazette act Restructuring
Merger · Accounting effect · Capital9 facts ▸
  • Board meeting, 03-05-2021
  • General meeting, 25-06-2021
  • Merger, fusion par absorption (fusion silencieuse), 25-06-2021
  • Accounting effect, 01-01-2021
  • Capital, €495.787,04
  • Capital, €17.052.908,05
  • Net-asset statement, 31-12-2020
  • Share cancellation, Les actions de l'absorbée détenues par la SA Wallimage seront annulées
  • Capital increase
2020
03-07
State Gazette act Appointment: SCRL INTERAUDIT (statutory auditor)
2 facts ▸
  • General meeting, 20-05-2019
  • Auditor appointment, SCRL INTERAUDIT
17-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Equity above €25mEq €25.9m ▲17.2%
Equity rises from €22.1m to €25.9m.
17-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
20-03
State Gazette act Statutes amendment
Shareholding · Power of attorney6 facts ▸
  • General meeting, 15/03/2019
  • Statutes amendment
  • Statutes amendment
  • Shareholding, 2500 actions (100% du capital social)
  • Power of attorney, Virginie NOUVELLE
  • Power of attorney, Virginie NOUVELLE
2018
17-07
State Gazette act Restructuring
Resignation: Nathalie LAFONTAINE (director) · Appointment: Virginie VANDEPUTTE (director) · Merger11 facts ▸
  • General meeting, 22-06-2018
  • Merger, absorption, 01-01-2018
  • Accounting effect, 01-01-2018
  • Share cancellation, fusion, intégralité du capital de la société absorbée
  • Statutes amendment
  • Director resignation, Nathalie LAFONTAINE (director)
  • Director appointment, Virginie VANDEPUTTE (director)
  • Power of attorney
  • Merger costs, 2.292,12 € entièrement à charge de la société absorbante
  • Merger filing, Tribunal de Commerce de Mons, 21-03-2018
  • Pro fisco, Fusion pour cause d'utilité publique; gratuité des droits d'enregistrement et exonération du droit d'écriture; bénéfice des articles 210 § 1er, 1°, 211 § 1er al…
28-06
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Power of attorney5 facts ▸
  • General meeting, 22-06-2018
  • Capital increase, €247.893,52
  • Capital, €495.787,04
  • Statutes amendment
  • Power of attorney, DEWAILLY Sébastien
20-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
04-04
State Gazette act Restructuring
Merger · Accounting effect · Capital8 facts ▸
  • Board meeting, 01-03-2018
  • Merger, absorption, 25-05-2018
  • Accounting effect, 01-01-2018
  • Capital, €247.893,52
  • Capital, €247.893,52
  • Name change, Wallimage Coproductions
  • Capital increase
  • Share cancellation, article 78 § 6 de l'Arrêté Royal d'exécution des sociétés du 30/01/2011
2017
18-09
State Gazette act Reappointments: Jean-Pierre Désiron, Nathalie Lafontaine and 4 others
Appointments: Jean-Pierre Désiron (chair) and Xavier Papier (vice-chair)9 facts ▸
  • General meeting, 17-03-2017
  • Director reappointment, Jean-Pierre Désiron (director)
  • Director reappointment, Nathalie Lafontaine (director)
  • Director reappointment, Alain Tabart (director)
  • Director reappointment, Yves Vandercruysen (director)
  • Director reappointment, Violaine Herbaux (director)
  • Director reappointment, Xavier Papier (director)
  • Director appointment, Jean-Pierre Désiron (chair)
  • Director appointment, Xavier Papier (vice-chair)
06-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
22-04
State Gazette act Resignations: Karim Ibourki, Mathieu Perrin and 6 others
Appointments: Virginie Vandeputte, Baptiste Meur and 4 others15 facts ▸
  • General meeting, 18-03-2016
  • Director resignation, Karim Ibourki (commissaire rw)
  • Director resignation, Mathieu Perrin (commissaire rw)
  • Director appointment, Virginie Vandeputte (commissaire rw)
  • Director appointment, Baptiste Meur (commissaire rw)
  • Director resignation, Frédéric Delcor (observateur fwb)
  • Director resignation, Dominique Junne (observateur fwb)
  • Director appointment, Jeanne Brunfaut (observateur fwb)
  • Director appointment, Quentin Hayois (observateur fwb)
  • Director resignation, André-Marie Poncelet (chair)
  • Director resignation, Vincent Scourneau (director)
  • Director appointment, Yves Vander Cruysen (director)
  • +3 further facts in this act
2013
19-03
State Gazette act Reappointment: SPRL Joiris-Rousseaux (statutory auditor)
2 facts ▸
  • General meeting, 28-01-2013
  • Auditor reappointment, SPRL Joiris-Rousseaux
2011
21-12
State Gazette act Appointments: Nathalie Lafontaine, Alain Tabart and 4 others
9 facts ▸
  • General meeting, 18-03-2011
  • Director appointment, Nathalie Lafontaine (director)
  • Director appointment, Alain Tabart (director)
  • Director appointment, Viricent Scourneau (director)
  • Director appointment, Grégory Van Lint (director)
  • Director appointment, André-Marie Poncelet (director)
  • Director appointment, Jean-Pierre Désiron (director)
  • Director appointment, André-Marie Poncelet (chair)
  • Director appointment, Jean-Pierre Désiron (vice-chair)
2009
02-10
State Gazette act Resignation: Eric Mathay (commissaire aux comptes)
Appointment: Rousseaux (commissaire aux comptes)3 facts ▸
  • General meeting, 20-03-2009
  • Director resignation, Eric Mathay (commissaire aux comptes)
  • Auditor appointment, Rousseaux (commissaire aux comptes)
2006
24-07
State Gazette act Reappointments: Bollen, Mathay & Co, Vincent Scourneau and 3 others
Resignations: André-Marie Poncelet (director) and Frédéric Fontaine (director) · Appointments: Jacqueline Aubenas, Jean-Louis Rollé and Olivier Vanderijst13 facts ▸
  • General meeting, 17-03-2006
  • Auditor reappointment, Bollen, Mathay & Co
  • Director resignation, André-Marie Poncelet
  • Director resignation, Frédéric Fontaine
  • Director reappointment, Vincent Scourneau (director)
  • Director reappointment, Alain Tabart (director)
  • Director reappointment, Yves Vander Cruysen (director)
  • Director reappointment, Olivier Vanderijst (director)
  • Director appointment, Jacqueline Aubenas (director)
  • Director appointment, Jean-Louis Rollé (director)
  • Board meeting, 23-03-2006
  • Director appointment, Olivier Vanderijst (chair)
  • +1 further facts in this act
07-07
State Gazette act Statutes amendment · Miscellaneous
1 fact ▸
  • Statutes amendment
10-04
State Gazette act Capital & shares · Statutes amendment · Miscellaneous
Registered-office move6 facts ▸
  • General meeting, 17-03-2006
  • Registered-office move, 7000 Mons, rue du Onze Novembre, 6
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
21 of 21 acts read

Directors · office · real estate

Directors
9 directors, 1 in day-to-day management, last change in 2025

Board 9

Jean-Philippe Rousseau
Chair · since 11-06-2025
Current
Xavier Papier
Vice président, administrateur · since 17-03-2017 · Director · since 17-03-2017
Current
Alain TABART
Director · since 18-03-2011
Current
HUPE Célíne
Director · since 18-11-2021
Current
Sébastien DURIEUX
Director · since 18-11-2021
Current
Clémence DUFRANE
Director · since 11-06-2025
Current
Krystelle WALDERS
Director · since 11-06-2025
Current
Nora ARRAS
Director · since 11-06-2025
Current
Show all 9 directors
Qassem FOSSEPREZ
Director · since 11-06-2025
Current
7 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Olivier VANDERIJST
Chair · since 17-03-2006 · Director
Not recently confirmed
Jean-Pierre Désiron
Chair · since 17-03-2017 · Vice-chair · since 18-03-2011 · Director · since 18-03-2011
Not recently confirmed
Jacqueline Aubenas
Vice-chair · since 17-03-2006 · Director · since 17-03-2006
Not recently confirmed
Jean-Louis Rollé
Director · since 17-03-2006
Not recently confirmed
Grégory Van Lint
Director · since 18-03-2011
Not recently confirmed
Viricent Scourneau
Director · since 18-03-2011
Not recently confirmed
VANDER CRUYSEN Yves
Director · since 14-10-2015
Not recently confirmed

Day-to-day management 1

Medhy Nasser
Managing director · since 03-09-2026 · from a recent act
Current

Statutory auditor 1

SRL "Joiris, Rousseaux & Co"
Commissaire réviseur · since 20-06-2022
Current

Other functions 3

Baptiste Meur
Commissaire rw · since 18-12-2014
Not recently confirmed
Jeanne Brunfaut
Observateur fwb · since 11-02-2015
Not recently confirmed
Quentin Hayois
Observateur fwb · since 11-02-2015
Not recently confirmed
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mons · 2 establishment units since 2001
seat establishment All 2 establishment units on the map
Ground area
1.4 ha
Building footprint
5,073 m²
Volume, LiDAR
42,721 m³
2 parcels, Wallonia · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
WALLIMAGE
Rue du Onze Novembre 6, 7000 MonsInsurance, reinsurance and pension funding, except compulsory social security
since 20012.097.854.434
WALLIMAGE
Rue de Mulhouse 36, 4020 LiègeProduction of cinema films
since 20192.312.867.505
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62817B0418/00G002 Wallonia 1.3 ha 1 · 4,913 m² 16.3 m · 3 fl.
53403F0500/00F000 Wallonia 702 m² 1 · 161 m² 17.4 m · 5 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.

Mandate history

43 people since 2006, 21 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • Other function
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Alain TABART
  • Director, already before 24-07-2006 to date
Xavier Papier
  • Vice-chair, from 17-03-2017 to date
  • Director, already before 17-03-2017 to date
HUPE Célíne
  • Director, from 18-11-2021 to date
Sébastien DURIEUX
  • Director, from 18-11-2021 to date
Clémence DUFRANE
  • Director, from 11-06-2025 to date
Jean-Philippe Rousseau
  • Chair, from 11-06-2025 to date
Krystelle WALDERS
  • Director, from 11-06-2025 to date
Nora ARRAS
  • Director, from 11-06-2025 to date
Qassem FOSSEPREZ
  • Director, from 11-06-2025 to date
Medhy Nasserfrom an act
  • Managing director, from 03-09-2026 to date
SRL "Joiris, Rousseaux & Co"
  • Commissaire réviseur, from 20-06-2022 to date
Jacqueline Aubenas
  • Vice-chair, from 17-03-2006 not ended, last confirmed 24-07-2006
  • Director, from 17-03-2006 not ended, last confirmed 24-07-2006
Jean-Louis Rollé
  • Director, from 17-03-2006 not ended, last confirmed 24-07-2006
Olivier VANDERIJST
  • Chair, from 17-03-2006 not ended, last confirmed 24-07-2006
  • Director, already before 24-07-2006 not ended, last confirmed 24-07-2006
VANDER CRUYSEN Yves
  • Director, already before 24-07-2006 not ended, last confirmed 18-09-2017
Grégory Van Lint
  • Director, from 18-03-2011 not ended, last confirmed 21-12-2011
Jean-Pierre Désiron
  • Vice-chair, from 18-03-2011 not ended, last confirmed 21-12-2011
  • Director, from 18-03-2011 not ended, last confirmed 18-09-2017
  • Chair, from 17-03-2017 not ended, last confirmed 18-09-2017
Viricent Scourneau
  • Director, from 18-03-2011 not ended, last confirmed 21-12-2011
Baptiste Meur
  • Commissaire rw, from 18-12-2014 not ended, last confirmed 22-04-2016
Jeanne Brunfaut
  • Observateur fwb, from 11-02-2015 not ended, last confirmed 22-04-2016
Quentin Hayois
  • Observateur fwb, from 11-02-2015 not ended, last confirmed 22-04-2016
CHARLES Baptiste
  • Director, from 18-11-2021 to 11-06-2025
Herbaux Violaine
  • Director, already before 17-03-2017 to 11-06-2025
LEFEBVRE Stéphane
  • Director, from 18-11-2021 to 11-06-2025
MILLER Richard
  • Chair, from 18-11-2021 ended, last mentioned 06-12-2021
  • Director, from 18-11-2021 to 11-06-2025
Virginie VANDEPUTTE
  • Commissaire rw, from 18-12-2014 ended, last mentioned 22-04-2016
  • Director, from 22-06-2018 to 11-06-2025
  • Vice-chair, from 18-11-2021 ended, last mentioned 06-12-2021
WAROUX Véronique
  • Director, from 18-11-2021 to 11-06-2025
SCRL InterAudit
  • Auditor, from 20-05-2019 to 20-06-2022
Thierry Lejuste
  • Commissaire réviseur, from 18-03-2016 to 20-05-2019
Nathalie Lafontaine
  • Director, from 18-03-2011 to 22-06-2018
JOIRIS-ROUSSEAUX SPRL
  • Auditor, from 28-01-2013 to 18-03-2016
GOLDSTEIN Yves
  • Observateur, until 17-12-2015
Pierre Drouot
  • Observateur, until 17-12-2015
Vincent Scourneau
  • Director, already before 24-07-2006 to 14-10-2015
André-Marie PONCELET
  • Board, until 17-03-2006
  • Chair, from 18-03-2011 to 01-03-2015
  • Director, from 18-03-2011 ended, last mentioned 21-12-2011
Dominique Junne
  • Observateur fwb, until 11-02-2015
Frédéric DELCOR
  • Observateur fwb, until 11-02-2015
Ibourki Karim
  • Commissaire rw, until 18-12-2014
Mathieu Perrin
  • Commissaire rw, until 18-12-2014
Rousseaux
  • Commissaire aux comptes, from 20-03-2009 to 28-01-2013
BOLLEN, MATHAY & CO
  • Auditor, from 17-03-2006 to 20-03-2009
Eric MATHAY
  • Commissaire aux comptes, until 17-03-2009
FONTAINE Frederic
  • Board, until 17-03-2006
See the board, name and seat on a given date →

Articles of association

Purpose
Le financement et le co-firiancement, la production et la coproduction de projets dans le secteur du cinéma et plus largement de l'audiovisuel sous toutes ses formes; Le…
Full purpose

Le financement et le co-firiancement, la production et la coproduction de projets dans le secteur du cinéma et plus largement de l'audiovisuel sous toutes ses formes; Le financement et le co-financement, la production et la coproduction de projets dans le secteur du jeu vidéo et plus largement du gaming sous toutes ses formes; Le service d'accueil de tournages wallons à tout type de projets audiovisuels; La prise de participation ou d'intérêts dans des projets ayant pour but le développement et la promotion de la Wallonie comme lieu de développement de tournage et de postproduction de projets cinématographiques ou audiovisuels; Le financement d'actions préparatoires ou de promotions liées à. l'objet visé à l'alinéa 1 (production ou coproduction de projets cinėmatographiques ou audiovisuels) pour autant que ce financement soit intégralement couvert par des recettes spécifiques; La promotion, l'accompagnement et le financement en prêt ou en capital, de façon minoritaire, des sociétés du secteur de l'image, du son, de l'audiovisuel sous toute ses formes, du cinéma, de la télévision, du multimédia, des technologies de l'information, du gaming, ainsi que la fourniture de services à ces sociétés. Par fourniture de service, on entend notamment: (1) Le soutien au développement d'activités dans les services d'intérêt sociétal (2) L'accompagnement du développement de spin off/spin out ou filiales (3) Tout type de soutien au développement et à la croissance de ces socités. Toute mission qui lui serait confiée par le Gouvernement par décret ou par arrêté du Gouvernement Wallon dans les secteurs de l'industrie de l'image, du cinéma, du jeu vidéo et de la bande dessinée ainsi que toutes missionıs ayant un lien avec les secteurs du visuel en général. Elle peut, en outre, faire la gestion de son propre patrimoine et réaliser toutes opérations se rattachant directement ou indirectement à son objet, que ce solt en matière commerciale, industrielle, mobilières, immobilières ou financières. La société peut s'intéresser par toutes voies de droit dans toutes affaires entreprises ou sociétés ayant un objet identique, analogue ou cornexe.

Structure & network

Connections & network

46 connected companies
Linked via shared directors
Show 42 more companies with a shared director
→
→
Wallonie Entreprendre
via Sébastien DURIEUX · Member of the executive committee
→
former→
former→
former→
SOCIETE PUBLIQUE DE GESTION DE L'EAU
via Alain TABART · Member of the executive committee
former→
SPARKOH!
via Alain TABART · Director
former→
former→
former→
→
BX1
Shared director
→
→
EthiasCo
Shared director
→
FN Browning Group
Shared director
→
FN HERSTAL
Shared director
→
Fondation Roi Baudouin
Shared director
→
ID CAMPUS ASBL
Shared director
→
JEUNES MR
Shared director
→
Médiathèque Nouvelle
Shared director
→
PUBLIGAZ
Shared director
→
SOCOFE
Shared director
→
THEATRE AU VERT
Shared director
→
VISITWallonia
Shared director
→
VIVAQUA
Shared director
→
→

Ownership & control

3 board mandates
Board mandates of this companythis company sits on their board3
1 location
1 location

Acquisitions and mergers

2 transactions
BE 0865.277.018merger by absorption · State Gazette act of 08-09-2022 (3 acts) · effective 25-06-2021
BE 0473.372.272merger by absorption · State Gazette act of 17-07-2018 (2 acts) · effective 25-05-2018

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 20-03-2019 ↗
  • REGION WALLONNE

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 26-08-2021 Capital increase of 16,350,584.04 EUR · to 16,846,371.08 EUR · 82,447 new shares · in kind
  2. 14-05-2021 Capital increase · 82,447 new shares
  3. 28-06-2018 Capital increase of 247,893.52 EUR · to 495,787.04 EUR · in kind
  4. 04-04-2018 Capital stated in the act · 247,893.52 EUR · 2,500 shares

Public money · subsidies and aid

Wallonia-Brussels Federation

2024 to 2025 · 3 entries · 18,925 EUR in total
Year Entries paid
2025 2 11,017 EUR
2024 1 7,908 EUR

Recognitions · licences · registrations

Legal Entity Identifier

64880070CHEJVA4PG895
live in the LEI register

Similar companies · same sector, comparable size

Of 1,319 companies in sector 59111 we hold annual accounts for 687. 11 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded07-06-2000
Fiscal year end31-12
Activities, NACEBEL 2025
59111Production of cinema films
64210Activities of holding companies
Contact
E-mail JFT@WALLIMAGE.BELiège
Phone 042669833Liège

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