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WALLONIE DEVELOPPEMENT

Active Cooperative companyfounded 2005active for 21 yearsAvenue Sergent Vrithoff 2, 5000 NamurKBO/BCE: BE 0874.449.060

Lifetime

20 annual accounts with figures on one time axis
peak €199,550 (2024)
€198,789▼ 0.4%
lowest -€9,796 (2006)
€1,538▼ 60.3%
peak €34,019 (2025)
€34,019▲ 4.7%
€77,716▲ 5.1%
peak 1 FTE (2006)
1 FTEunchanged
Board27 names since 2020all names
8 directorsBUREAU ECONOMIQUE DE LA PROVINCE DE NAMUR SC and 7 others
Owners7 names in the annual accountsall names
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Result from €3,874 to €1,538Appointment: SRL Knaepen Lafontaine (statutory auditor) 26-03Cash from €103,472 to €8,814

Key points

from the 2025 annual accounts

Turnover

≈ €510,000 estimated

The accounts state no turnover.

Position in the sector

€34,019

Less equity than 94% of companies in membership organisations. Sector median €1.6m · 321 companies.

Checked score

92
Excellent
Financially stronger than 32% of micro companies in membership organisations (NACE 94)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 1,220 companies (NACE 94, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

55-1equity 30.4% of total assets
31-41short-term debt 56.1% · cash 7.9%
48-25return on assets 1.4%

Score breakdown

lowers risk
Sector: Activities of membership organisations (NACE 94)
Figures for financial year 2025 (filed on 06-07-2026)
Size: 1 FTE, total assets €111,735
Founded in 2005
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 94, micro). It does better than 23% of them on solvency, 5% on liquidity, 45% on profitability and 56% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as WALLONIE DEVELOPPEMENT has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of WALLONIE DEVELOPPEMENT itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 17,041 companies, not a prediction for WALLONIE DEVELOPPEMENT. 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

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.77 (1.78 in 2024), above the usual 1.5. Short-term debt is 56.1% and cash 7.9% of total assets. However, 69.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
lowers risk · Figures for financial year 2025 (filed on 06-07-2026)
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €111,735
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 320 sector peers (2025).
NBB · sector comparison
Position among 320 sector peers
Solvency
better than 25%
← weakest strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
21 days early
2023
27 days early
2022
19 days early
2021
1 day late
2020
32 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 94), the median for financial year 2024 was 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

IS
IDEA SC
Director
ID
INTERCOMMUNALE D'ETUDE ET DE GESTION SC
Director
ID
INTERCOMMUNALE DE DEVELOPPEMENT ECONOMIQUE DES ARRONDISSEMEN SC
Director
ID
INTERCOMMUNALE DU BRABANT WALLON SC
Director
and 3 othersand 3 other shareholdersBoard & ownership

Recent changes

Appointment: SRL Knaepen Lafontaine (statutory auditor) General meeting of 06-06-2024 · Gazette deed
Purpose change · Amendment of the articles · Legal-form change “L’harmonisation et le développement des positions et des actions des Agences de Développement Territorial…” (deed in French) · Gazette deed
Appointments: Cabinet FALLON,CHAINIAUX,CLUDTS,GARNY & Co (contrôleur aux comptes) and Olivier RONSMANS (représentant du contrôleur aux comptes) General meeting of 07-12-2017 · Gazette deed
16 directors appointed DEGUELDRE Renaud, BAUDOUIN LE HARDY DE BEAULIEU, DECAMPS Caroline, Fabian COLLARD, VANDEWATTYNE Pierre, BRUTSAERT Guy and 10 others · BUREAU ECONOMIQUE DE LA PROVINCE DE NAMUR holds 5 shares · INTERCOMMUNALE DU BRABANT WALLON holds 5 shares · General meeting of 21-02-2019 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
WALLONIE DEVELOPPEMENT Namur €111,735 €198,789 30.4% 1
European Chemical Employers Group Etterbeek €226,889 €224,499 71.3% 0
Federation of European Data and Marketing Brussels €110,298 €172,083 56.9% -
UCM de la Région de Bruxelles-Capitale Evere €263,437 €240,542 76.4% 2.6
CONVENTION EUROPEENNE DE LA CONSTRUCTION METALLIQUE Woluwe-Saint-Lambert €458,266 €157,695 65.0% 1.2
BUREAU EUROPEEN DE L'AGRICULTURE FRANCAISE Saint-Josse-ten-Noode €272,629 €192,802 27.0% -
Union des Classes moyennes du Brabant wallon Ottignies-Louvain-la-Neuve €165,491 €341,417 12.2% 3.4

These companies have the same main activity as WALLONIE DEVELOPPEMENT: activities of business and employers' organisations (NACE 94110). They are comparable in size and age: total assets between €110,000 and €458,000, founded between 1991 and 2011.

Official details

Source: KBO
Status
Active since 08-06-2005Normal situation
Registered office
15 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
Activity
Activities of business and employers' organisationsNACE 94110
Establishment unit
2.147.623.0555000 Namur, since 14-06-2005
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€111,735▲ 5.0%
Employeeson 31-12-2025
1=
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on WALLONIE DEVELOPPEMENT

WALLONIE DEVELOPPEMENT files the abbreviated format. That format states no turnover. The gross margin rose from €160,906 in 2006 to €198,789 in 2025.

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 WALLONIE DEVELOPPEMENT

What is the company number of WALLONIE DEVELOPPEMENT?
The company number of WALLONIE DEVELOPPEMENT is 0874.449.060. The VAT number is the same number with BE in front: BE 0874.449.060.
Where is WALLONIE DEVELOPPEMENT based?
The registered office is at Avenue Sergent Vrithoff 2, 5000 Namur.Company details
What does WALLONIE DEVELOPPEMENT do?
According to the KBO register, the main activity is activities of business and employers' organisations (NACE 94110).
What is the legal form of WALLONIE DEVELOPPEMENT?
WALLONIE DEVELOPPEMENT is a cooperative company (CV).
When was WALLONIE DEVELOPPEMENT founded?
WALLONIE DEVELOPPEMENT was founded on 08-06-2005.
Is WALLONIE DEVELOPPEMENT still active?
Yes, WALLONIE DEVELOPPEMENT is an active enterprise in the KBO register.
How many employees does WALLONIE DEVELOPPEMENT have?
WALLONIE DEVELOPPEMENT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WALLONIE DEVELOPPEMENT?
The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €198,789 and 1,650 comparable companies of the same size. It probably lies between €310,000 and €940,000. It is a rough estimate.
Is WALLONIE DEVELOPPEMENT profitable?
In financial year 2025, WALLONIE DEVELOPPEMENT made a profit of €1,538.
Where can I find the annual accounts of WALLONIE DEVELOPPEMENT?
WALLONIE DEVELOPPEMENT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WALLONIE DEVELOPPEMENT due?
WALLONIE DEVELOPPEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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