Skip to content

WALPOL

Active Private limited companyfounded 2002active for 24 yearsKrekebekestraat 3, 8610 KortemarkKBO/BCE: BE 0477.435.384

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2004
peak €284,808 (2008)
-€8,483▲ €1,733
lowest -€288,255 (2012)
-€15,964▲ €13,779
peak -€28,657 (2022)
-€82,680▼ €15,964
€86,439▼ 16.3%
peak 12.2 FTE (2007)
0 FTE 
Board1 name since 2022
1 director
Documentsfilings and deeds
28-09-202633 days before the deadline
2026abbreviated format
Gross margin from -€10,216 to -€8,483Loss of €15,964Equity from -€66,716 to -€82,680Debts from €103,239 to €86,439Cash from €420 to €1,764

Key points

from the 2026 annual accounts

Equity

-€82,680
202120222023202420252026

Debts exceed assets in financial year 2026.

Losses

-€54,023 in four years
-6,8692023-1,4462024-29,7432025-15,9642026

Every financial year from 2023 to 2026 closed with a loss. 2025 was the heaviest.

Position in the sector

-2199.5%

Lower solvency than 95% of companies in real estate. Sector median 35.1% · 462 companies.

Turnover not published (abbreviated format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,618 companies had the same profile as WALPOL has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 6,618 companies, not a prediction for WALPOL. 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 check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director
  • all the sharesdeed of 29-01-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0477435384
Change of role: , from statutory director to director Director discharge: · holds all the shares · Gazette deed
First establishment Kronevoordestraat 47, Kortemark
Incorporation published on 17-05-2002 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
WALPOL Kortemark €3,759 -€8,483 -2199.5% 0
M-PROBUILD Merchtem €4,047 -€7,907 -576.3% 0
BOUWPROMOTIE E. DILLEN Diest €5,589 -€4,272 -566.6% 0
LANPRO Antwerp €14,487 -€2,682 98.6% 0
JEVAL Waregem €3,797 -€175,755 -14866.2% -
SEASAND Knokke-Heist €3,008 -€427 -5589.9% -
NEPETA Ypres €5,859 -€7,882 -76335.1% -

These companies have the same main activity as WALPOL: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3,010 and €14,500, founded between 1998 and 2014.

Official details

Source: KBO
Status
Active since 07-05-2002Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Development of residential building projectsNACE 68121
Establishment unit
2.149.742.3088610 Kortemark, since 31-10-2005
Financial year end
31 March
Peppol
Reachable since 27-03-2026
Company details

Annual accounts to 31-03-2026

€3,759▼ 89.7%
Filing
Filed on 28-09-2026, 33 days before the end of the filing period
Financials

Insights on WALPOL

WALPOL files the abbreviated format. That format states no turnover. The gross margin fell from €202,879 in 2007 to -€8,483 in 2026.

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 WALPOL

What is the company number of WALPOL?
The company number of WALPOL is 0477.435.384. The VAT number is the same number with BE in front: BE 0477.435.384.
Where is WALPOL based?
The registered office is at Krekebekestraat 3, 8610 Kortemark.Company details
What does WALPOL do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of WALPOL?
WALPOL is a private limited company (BV).
When was WALPOL founded?
WALPOL was founded on 07-05-2002.
Is WALPOL still active?
Yes, WALPOL is an active enterprise in the KBO register.
What is the turnover of WALPOL?
The annual accounts for financial year 2026 state no turnover. The abbreviated format does not require it.Financials
Is WALPOL profitable?
In financial year 2026, WALPOL made a loss of €15,964.
Where can I find the annual accounts of WALPOL?
WALPOL filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of WALPOL due?
WALPOL must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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