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WALPA

Open bankruptcy
Private limited company (pre-2019)founded 1988KBO/BCE: BE 0433.525.860

A bankruptcy procedure is open for WALPA according to publications in the Belgian State Gazette; curator: CARL SCHREURS.

Summary

The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €10,327 and a net result of €3,515.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
6 June 2024
Supervising judge
Ivo Van Genechten
Official Gazette
12-06-2024 (pdf) ↗search the document for 2024/124039

Deadlines

Provisional date payments stopped
6 June 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 27 June 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 6 July 2024art. XX.104 and XX.155 CEL
First verification report
passed on 18 July 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 6 June 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Carl SchreursPastoor Raeymaekers- Straat 25, 3600 Genkschreurs@omnius.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
40 d early
2020
38 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 16 February 1988, WALPA was incorporated.1 Total assets went from EUR 85,542 in 2018 to EUR 24,861 in 2022.2 The company was declared bankrupt on 6 June 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 12-06-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€10,327▲ 51.6%
2021 · €6,812
Total assets
€24,861▼ 4.7%
2021 · €26,094
Net result
€3,515▲ 960%
2021 · €332
Working capital
€5,352▲ 5,979%
2021 · €88
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
Line20182019202020212022
Operating result-€20,542-€9,998€11,582▲ 15.8%€339▼ 97.1%€3,513▲ 936%
Net result-€21,900-€10,032€11,537▲ 15.0%€332▼ 97.1%€3,515▲ 960%
Equity-€15,088--€5,057▲ 66.5%€6,480€6,812▲ 5.1%€10,327▲ 51.6%
Total assets€85,542-€47,348▼ 44.6%€51,311▲ 8.4%€26,094▼ 49.1%€24,861▼ 4.7%
Debt€100,630-€52,405▼ 47.9%€44,831▼ 14.5%€19,282▼ 57.0%€14,534▼ 24.6%
Working capital-€28,486--€16,528▲ 42.0%-€1,993▲ 87.9%€88€5,352▲ 5,979%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2018: -€20,542-€20,542Net result 2018: -€21,900-€21,900Operating result 2019: €9,998€9,998Net result 2019: €10,032€10,032Operating result 2020: €11,582€11,582Net result 2020: €11,537€11,537Operating result 2021: €339€339Net result 2021: €332€332Operating result 2022: €3,513€3,513Net result 2022: €3,515€3,51520182019202020212022€0€5,000€10,000Operating result 2020: €11,582€11,600Net result 2020: €11,537€11,500Operating result 2021: €339€339Net result 2021: €332€332Operating result 2022: €3,513€3,510Net result 2022: €3,515€3,510202020212022
The operating result recovers in 2022; 2022 is 936% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €24,861
Fixed assets €4,974 ▼ 26.0%
Current assets €19,886 ▲ 2.7%
Equity and liabilities €24,861
Equity €10,327 ▲ 51.6%
Debt €14,534 ▼ 24.6%
Debt's share of the balance-sheet total falls from 73.9% to 58.5%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€5,263▲
2021 · €2,088
Cash flow
€5,264▲
2021 · €2,081
Current ratio
1.37▲
2021 · 1.00
Quick ratio
0.33▲
2021 · 0.22
Debt to equity
1.41▼
2021 · 2.83
ROE
34.0%▲
2021 · 4.9%
ROA
14.1%▲
2021 · 1.3%
Interest coverage
12835.46▲
2021 · 279.95
Debt ≤ 1 year
€14,534▼
2021 · €19,282
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 · 2022 against 2021 · 42 lines
Balance sheet Code20212022
Assets
Total assets20/58€26,094€24,861▼
Fixed assets21/28€6,724€4,974▼
Tangible fixed assets22/27€5,724€3,974▼
Plant, machinery and equipment23€1,966€1,173▼
Furniture and vehicles24€67€33▼
Other tangible fixed assets26€3,691€2,768▼
Financial fixed assets28€1,000€1,000=
Current assets29/58€19,370€19,886▲
Stocks and contracts in progress3€15,120€15,120=
Stocks30/36€15,120€15,120=
Amounts receivable within one year40/41€69€992▲
Other amounts receivable41€69€992▲
Cash at bank and in hand54/58€4,181€3,774▼
Equity and liabilities
Total equity and liabilities10/49€26,094€24,861▼
Equity10/15€6,812€10,327▲
Contributions10/11€11,155€11,155=
Capital10€11,155€11,155=
Issued capital100€18,592€18,592=
Uncalled capital101€7,437€7,437=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Legal reserve130€1,859€1,859=
Profit (loss) carried forward14-€6,203-€2,688▲
Amounts payable17/49€19,282€14,534▼
Amounts payable within one year42/48€19,282€14,534▼
Trade debts44€1,958€1,361▼
Suppliers440/4€1,958€1,361▼
Taxes, remuneration and social security45€1,145-
Taxes450/3€1,145-
Other amounts payable47/48€16,180€13,173▼
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,749€1,749=
Gross operating margin9900€2,088€5,263▲
Operating profit (loss)9901€339€3,513▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€7€0▼
Recurring financial charges65€7€0▼
Profit (loss) for the period before taxes9903€332€3,515▲
Profit (loss) for the period9904€332€3,515▲
Profit (loss) for the period to be appropriated9905€332€3,515▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,203-€2,688▲
Profit (loss) brought forward from the previous period14P-€6,534-€6,203▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,011€3,692€4,039€1,749€1,749=
Gross operating margin9900-€12,256€15,038€15,621€2,088€5,263▲ 152%
Operating profit (loss)9901-€20,542€9,998€11,582€339€3,513▲ 936%
Financial income75/76B---€0€2▲ 20,000%
Recurring financial income75€12€39€0€0€2▲ 20,000%
Financial charges65/66B---€7€0▼ 94.5%
Recurring financial charges65€1,369€6€46€7€0▼ 94.5%
Profit (loss) for the period before taxes9903-€21,899€10,032€11,537€332€3,515▲ 960%
Income taxes67/77€1-----
Profit (loss) for the period9904-€21,900€10,032€11,537€332€3,515▲ 960%
Profit (loss) for the period to be appropriated9905-€21,900€10,032€11,537€332€3,515▲ 960%
Line20182019202020212022Change
Assets
Total assets20/58€85,542€47,348€51,311€26,094€24,861▼ 4.7%
Fixed assets21/28€13,398€11,471€8,473€6,724€4,974▼ 26.0%
Intangible fixed assets21€3,088€1,544----
Tangible fixed assets22/27€9,309€8,927€7,473€5,724€3,974▼ 30.6%
Plant, machinery and equipment23---€1,966€1,173▼ 40.3%
Furniture and vehicles24---€67€33▼ 50.0%
Other tangible fixed assets26---€3,691€2,768▼ 25.0%
Financial fixed assets28€1,000€1,000€1,000€1,000€1,000=
Current assets29/58€72,144€35,877€42,838€19,370€19,886▲ 2.7%
Stocks and contracts in progress3€48,908€25,361€14,380€15,120€15,120=
Stocks30/36---€15,120€15,120=
Amounts receivable within one year40/41€6,500€302€22,584€69€992▲ 1,338%
Other amounts receivable41---€69€992▲ 1,338%
Current investments50/53€4,416-----
Cash at bank and in hand54/58€12,321€10,214€5,873€4,181€3,774▼ 9.7%
Equity and liabilities
Total equity and liabilities10/49€85,542€47,348€51,311€26,094€24,861▼ 4.7%
Equity10/15-€15,088-€5,057€6,480€6,812€10,327▲ 51.6%
Contributions10/11€11,155€11,155€11,155€11,155€11,155=
Capital10---€11,155€11,155=
Issued capital100---€18,592€18,592=
Uncalled capital101---€7,437€7,437=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859€1,859=
Legal reserve130---€1,859€1,859=
Profit (loss) carried forward14-€28,103-€18,071-€6,534-€6,203-€2,688▲ 56.7%
Amounts payable17/49€100,630€52,405€44,831€19,282€14,534▼ 24.6%
Amounts payable within one year42/48€100,630€52,405€44,831€19,282€14,534▼ 24.6%
Trade debts44€41,639€23,955€44,831€1,958€1,361▼ 30.5%
Suppliers440/4---€1,958€1,361▼ 30.5%
Taxes, remuneration and social security45---€1,145--
Taxes450/3---€1,145--
Other amounts payable47/48---€16,180€13,173▼ 18.6%
Line20182019202020212022Change
Profit (loss) for the period9904-€21,900€10,032€11,537€332€3,515▲ 960%
+ Depreciation and write-downs630€5,011€3,692€4,039€1,749€1,749=
Operating cash flow (approximation)-€16,889€13,724€15,576€2,081€5,264▲ 153%
Investment in fixed assets (approximation)--€1,766-€1,041€0€0-
Change in cash--€2,106-€4,341-€1,692-€407▲ 75.9%

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

2024
12-06
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 06-06-2024
22-03
KBO administration Address struck
event 30-01-2024
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €11,537 ▲15%
Operating result €11,582, net result €11,537, both a record.
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €10,032
Net result €10,032 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts

We know of 16 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
16 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, Herk-de-Stad · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
183 m²
Building footprint
120 m²
Volume, LiDAR
751 m³
Parcel 71024A0660/00L006, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WALPA
Retail sale of beverages, general range
since 19882.037.291.790
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71024A0660/00L006 Flanders 183 m² 1 · 120 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CARL SCHREURS
PASTOOR RAEYMAEKERS- STRAAT 25, 3600 GENK
06-06-2024 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded16-02-1988
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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