Wallimmo
ActiveSummary
Wallimmo has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €563k and a net result of €228k. Equity is growing by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+18
Solvency51▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.26 in 2023; short-term debt: 31.4% and cash: 0.4% of total assets), and 73.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
65 d late
2022
59 d late
2021
4 d early
2020
89 d late
2019
58 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€563k▲ 68.2%
2023 · €334k
2018: €128k
2019: €239k
2020: €197k
2021: €237k
2022: €281k
2023: €334k
2018 → 2024
Total assets
€2.13M▼ 6.7%
2023 · €2.28M
2018: €1.03M
2019: €955k
2020: €2.60M
2021: €2.59M
2022: €2.55M
2023: €2.28M
2018 → 2024
Net result
€228k▲ 328%
2023 · €53k
2018: €1k
2019: €111k
2020: €-54k
2021: €18k
2022: €44k
2023: €53k
2018 → 2024
Working capital
€-367k▲ 57.3%
2023 · €-859k
2018: €-892k
2019: €-545k
2020: €-831k
2021: €-898k
2022: €-884k
2023: €-859k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€197k-€237k▲ 20.5%€281k▲ 18.7%€334k▲ 19.0%€563k▲ 68.2%
Operating result€-47k-€37k€62k▲ 66.8%€81k▲ 30.6%€337k▲ 318%
Net result€-54k-€18k€44k▲ 145%€53k▲ 20.5%€228k▲ 328%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 318% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.13M
Fixed assets
€1.83M ▼ 7.4%
Current assets
€301k ▼ 1.9%
Equity and liabilities €2.13M
Equity
€563k ▲ 68.2%
Provisions
€98k ▲ 207%
Debt
€1.47M ▼ 23.3%
Debt's share of the balance-sheet total falls from 84.0% to 69.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€409k▲
2023 · €155k
Cash flow
€300k▲
2023 · €128k
Current ratio
0.45▲
2023 · 0.26
Quick ratio
0.24▲
2023 · 0.14
Debt to equity
2.61▼
2023 · 5.73
ROE
40.6%▲
2023 · 15.9%
ROA
10.7%▲
2023 · 2.3%
Interest coverage
13.17▲
2023 · 5.09
Debt ≤ 1 year
€668k▼
2023 · €1.17M
Debt > 1 year
€792k▲
2023 · €747k
Income taxes
€12k▼
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.28M€2.13M▼
Fixed assets21/28€1.98M€1.83M▼
Tangible fixed assets22/27€1.98M€1.83M▼
Land and buildings22€1.98M€1.83M▼
Plant, machinery and equipment23€433€285▼
Financial fixed assets28€325€325=
Current assets29/58€307k€301k▼
Stocks and contracts in progress3€144k€144k=
Stocks30/36€144k€144k=
Amounts receivable within one year40/41€153k€138k▼
Trade receivables40€42k€55k▲
Other amounts receivable41€111k€83k▼
Cash at bank and in hand54/58€6k€8k▲
Deferred charges and accrued income490/1€4k€11k▲
Equity and liabilities
Total equity and liabilities10/49€2.28M€2.13M▼
Equity10/15€334k€563k▲
Contributions10/11€40k€40k=
Revaluation surpluses12€22k€22k=
Reserves13€272k€500k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€95k€293k▲
Distributable reserves133€173k€204k▲
Provisions and deferred taxes16€32k€98k▲
Deferred taxes168€32k€98k▲
Amounts payable17/49€1.92M€1.47M▼
Amounts payable after more than one year17€747k€792k▲
Financial debts170/4€741k€786k▲
Other amounts payable178/9€7k€7k=
Amounts payable within one year42/48€1.17M€668k▼
Current portion of amounts payable after more than one year42€83k€91k▲
Financial debts43€270k€270k=
Credit institutions430/8€270k€270k=
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€14k€28k▲
Taxes450/3€14k€28k▲
Other amounts payable47/48€795k€277k▼
Accrued charges and deferred income492/3€4k€9k▲
Income statement
Code20232024
Non-recurring operating income76A-€275k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€72k▼
Other operating charges640/8€25k€29k▲
Gross operating margin9900€180k€437k▲
Operating profit (loss)9901€81k€337k▲
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€30k€31k▲
Recurring financial charges65€30k€31k▲
Profit (loss) for the period before taxes9903€50k€306k▲
Transfer from deferred taxes780€17k€3k▼
Transfer to deferred taxes680-€69k
Income taxes67/77€14k€12k▼
Profit (loss) for the period9904€53k€228k▲
Transfer from tax-exempt reserves789€51k€9k▼
Transfer to tax-exempt reserves689-€206k
Profit (loss) for the period to be appropriated9905€105k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€31k▼
Transfer to equity691/2€105k€31k▼
To other reserves6921€105k€31k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €228k ▲328%
Operating result €337k, net result €228k, both a record.
31-12
Financial
Equity above €500kEq €563k ▲68.2%
4 profitable years in a row build equity to €563k.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Equity above €200kEq €237k ▲20.5%
Equity rises from €197k to €237k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-54k ▼148%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €239k ▲87%
2 profitable years in a row build equity to €239k.
Show earlier events
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
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, Kuurne · 1 establishment unit since 1979
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.
Harelbeeksestraat 1098520 KuurneGround area
853 m²
Building footprint
494 m²
Volume, LiDAR
2,215 m³
2 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wallimmo
since 19792.016.884.079
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023C0255/00S000 | Flanders | 564 m² | 1 · 363 m² | 11.0 m · 1 fl. |
| 36008A0578/00G000 | Flanders | 289 m² | 1 · 131 m² | 10.5 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
COLLUMBIEN
BE 0405.099.813
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Société foncière du Bois d'Orange
BE 0637.796.675
Oudergem · Eq €562,403
eCar Services
BE 0861.221.032
Herve · Eq €562,242
LES LACS
BE 0894.883.693
Walcourt · Eq €562,096
Namurimmo
BE 0656.585.674
Brasschaat · Eq €563,913
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-06-1979
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.