Walmat Immo
ActiveSummary
Walmat Immo has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €235k and a net result of €34k. Equity is growing by ~42% per year across the filed fiscal years. Its solvency ranks better than 13% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-12
Solvency28▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.34 in 2024; short-term debt: 6.2% and cash: 1.3% of total assets), and 96.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
3.2%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more 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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 8048 sector peers (2025).
NBB · sector comparisonPosition among 8048 sector peers
Solvency
better than 13%
← 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 25-07-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 d early
2024
10 d early
2023
20 d early
2022
34 d early
2021
38 d early
2020
43 d early
2019
32 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34k▼ 35.8%
2024 · €52k
Working capital
€-352k▼ 121%
2024 · €-159k
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
Line20212022202320242025
Operating result€79k▲ 190%€68k▼ 13.6%€52k▼ 24.4%€110k▲ 113%€103k▼ 6.7%
Net result€37k▲ 1,955%€21k▼ 44.0%€9k▼ 55.9%€52k▲ 465%€34k▼ 35.8%
Equity€67k▲ 125%€88k▲ 31.1%€156k▲ 76.2%€205k▲ 31.6%€235k▲ 14.9%
Total assets€2.66M▲ 63.0%€3.50M▲ 31.6%€3.47M▼ 0.9%€3.27M▼ 5.8%€7.26M▲ 122%
Debt€2.59M▲ 61.8%€3.41M▲ 31.6%€3.31M▼ 2.8%€3.06M▼ 7.5%€7.03M▲ 129%
Working capital€-276k€-281k▼ 1.9%€-194k▲ 31.0%€-159k▲ 18.1%€-352k▼ 121%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.26M
Fixed assets
€7.16M ▲ 125%
Current assets
€99k ▲ 21.8%
Equity and liabilities €7.26M
Equity
€235k ▲ 14.9%
Debt
€7.03M ▲ 129%
Debt's share of the balance-sheet total rises from 93.7% to 96.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€295k▲
2024 · €272k
Cash flow
€226k▲
2024 · €214k
Current ratio
0.22▼
2024 · 0.34
Debt to equity
29.87▲
2024 · 14.96
ROE
14.2%▼
2024 · 25.5%
ROA
0.5%▼
2024 · 1.6%
Interest coverage
4.75▼
2024 · 6.28
Debt ≤ 1 year
€450k▲
2024 · €240k
Debt > 1 year
€6.56M▲
2024 · €2.81M
Income taxes
€10k▼
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €52k | €162k | €162k | €192k | ▲ 18.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3k | - | €-3k | - | - | - |
| Other operating charges640/8 | €10k | €11k | €26k | €68k | €75k | ▲ 9.7% |
| Gross operating margin9900 | €122k | €130k | €237k | €341k | €370k | ▲ 8.5% |
| Operating profit (loss)9901 | €79k | €68k | €52k | €110k | €103k | ▼ 6.7% |
| Financial income75/76B | - | - | €4k | €3k | €3k | = |
| Recurring financial income75 | - | - | €4k | €3k | €3k | = |
| Financial charges65/66B | €29k | €40k | €44k | €43k | €62k | ▲ 43.2% |
| Recurring financial charges65 | €29k | €40k | €44k | €43k | €62k | ▲ 43.2% |
| Profit (loss) for the period before taxes9903 | €50k | €29k | €11k | €70k | €44k | ▼ 37.5% |
| Income taxes67/77 | €13k | €8k | €2k | €18k | €10k | ▼ 42.3% |
| Profit (loss) for the period9904 | €37k | €21k | €9k | €52k | €34k | ▼ 35.8% |
| Profit (loss) for the period to be appropriated9905 | €37k | €21k | €9k | €52k | €34k | ▼ 35.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.66M | €3.50M | €3.47M | €3.27M | €7.26M | ▲ 122% |
| Fixed assets21/28 | €2.53M | €3.47M | €3.35M | €3.19M | €7.16M | ▲ 125% |
| Tangible fixed assets22/27 | €2.53M | €3.47M | €3.35M | €3.19M | €7.16M | ▲ 125% |
| Land and buildings22 | €2.53M | €3.46M | €3.34M | €3.18M | €5.60M | ▲ 75.9% |
| Plant, machinery and equipment23 | - | €9k | €8k | €7k | €6k | ▼ 12.8% |
| Leasing and similar rights25 | - | - | - | - | €1.56M | - |
| Assets under construction and advance payments27 | €0 | - | - | - | - | - |
| Current assets29/58 | €132k | €28k | €120k | €81k | €99k | ▲ 21.8% |
| Amounts receivable within one year40/41 | €51k | €13k | €66k | €1k | €2k | ▲ 5.4% |
| Trade receivables40 | €51k | €13k | €5k | €1k | €2k | ▲ 5.4% |
| Other amounts receivable41 | €0 | - | €61k | - | - | - |
| Cash at bank and in hand54/58 | €81k | €15k | €53k | €79k | €97k | ▲ 22.5% |
| Deferred charges and accrued income490/1 | €0 | €269 | €539 | €554 | €332 | ▼ 40.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.66M | €3.50M | €3.47M | €3.27M | €7.26M | ▲ 122% |
| Equity10/15 | €67k | €88k | €156k | €205k | €235k | ▲ 14.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €49k | €69k | €78k | €130k | €164k | ▲ 26.2% |
| Non-distributable reserves130/1 | €500 | €500 | - | - | - | - |
| Reserves not available under the articles1311 | €500 | €500 | - | - | - | - |
| Distributable reserves133 | €48k | €68k | €78k | €130k | €164k | ▲ 26.2% |
| Profit (loss) carried forward14 | €278 | €1k | €955 | €1k | €733 | ▼ 39.2% |
| Investment grants15 | - | - | €58k | €55k | €52k | ▼ 5.6% |
| Amounts payable17/49 | €2.59M | €3.41M | €3.31M | €3.06M | €7.03M | ▲ 129% |
| Amounts payable after more than one year17 | €2.18M | €3.08M | €2.96M | €2.81M | €6.56M | ▲ 134% |
| Financial debts170/4 | €2.18M | €3.08M | €2.96M | €2.80M | €6.56M | ▲ 134% |
| Other amounts payable178/9 | - | €2k | €2k | €2k | €2k | = |
| Amounts payable within one year42/48 | €408k | €309k | €314k | €240k | €450k | ▲ 87.6% |
| Current portion of amounts payable after more than one year42 | €139k | €165k | €167k | €169k | €380k | ▲ 125% |
| Trade debts44 | €264k | €129k | €95k | - | - | - |
| Suppliers440/4 | €264k | €129k | €95k | - | - | - |
| Advances received on contracts in progress46 | - | - | €33k | €45k | €47k | ▲ 3.9% |
| Taxes, remuneration and social security45 | €5k | €16k | €18k | €26k | €23k | ▼ 9.4% |
| Taxes450/3 | €5k | €16k | €18k | €26k | €23k | ▼ 9.4% |
| Accrued charges and deferred income492/3 | €8k | €20k | €37k | €19k | €14k | ▼ 29.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €21k | €9k | €52k | €34k | ▼ 35.8% |
| + Depreciation and write-downs630 | €30k | €52k | €162k | €162k | €192k | ▲ 18.4% |
| Operating cash flow (approximation) | €67k | €72k | €172k | €214k | €226k | ▲ 5.2% |
| Investment in fixed assets (approximation) | - | €-995k | €-41k | €0 | €-4.17M | - |
| Change in cash | - | €-66k | €38k | €26k | €18k | ▼ 32.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €52k ▲465%
Operating result €110k, net result €52k, both a record.
31-12
Financial
Equity above €200kEq €205k ▲31.6%
7 profitable years in a row build equity to €205k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €150kEq €156k ▲76.2%
6 profitable years in a row build equity to €156k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.71
Current ratio from 0.61 to 1.71.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €878 ▼86.6%
Net result drops to €878, the lowest in the series; recovery starts the following year.
Show earlier events
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Chimay · 3 establishment units since 2017
Ground area
5.8 ha
Building footprint
4,811 m²
Volume, LiDAR
4,898 m³
4 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Ascendimmo
since 20172.270.613.216
Chaussée de Namur 125, 1367 Ramillies
since 20192.308.074.319
Walmat Immo
since 20252.381.671.781
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91034B0182/00Z000 | Wallonia | 3.1 ha | 1 · 3,782 m² | - |
| 56012B0133/00C002 | Wallonia | 1.3 ha | 1 · 125 m² | 9.7 m · 3 fl. |
| 25030B0519/00A000indicative | Wallonia | 1.1 ha | 1 · 717 m² | 9.9 m · 2 fl. |
| 56005A0599/00F002 | Wallonia | 4,310 m² | 1 · 187 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 4 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
DM CONSTRUCT
BE 0502.374.084
Mouscron · Eq €234,803
Vyanzo
BE 0882.416.819
Schoten · Eq €236,718
THEYS
BE 0418.959.430
Binche · Eq €236,722
HOME CHAMPION
BE 0449.216.995
Ninove · Eq €237,363
KINDEREN VAN MALDEREN (N.Y.R.)
BE 0419.945.563
Berlare · Eq €233,174
Of 1,805 companies in sector 46831 we hold annual accounts for 1,397. 975 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
Founded03-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
Contact
Phone
+3260211358Dinant
Scores and ratios are computed by Checked and are not a credit decision.