WALRUS SOLUTION
ActiveWALRUS SOLUTION has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €80k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 10% of 16860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency11▼-44
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 1.27 in 2024), and 98% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
2%
Return on assets
52.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 16860 sector peers (2025).
NBB · sector comparisonPosition among 16860 sector peers
Solvency
better than 10%
← 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 · 6 filingsDeviation from the deadline
2025
6 d early
2024
34 d early
2023
29 d early
2022
17 d early
2021
33 d early
2020
27 d late
← before the deadline
after the deadline →
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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 93.8%
2024 · €49k
2020: €37k
2021: €50k
2022: €49k
2023: €49k
2024: €49k
2020 → 2025
Total assets
€152k▼ 1.0%
2024 · €153k
2020: €67k
2021: €84k
2022: €91k
2023: €142k
2024: €153k
2020 → 2025
Net result
€80k▼ 12.4%
2024 · €92k
2020: €34k
2021: €26k
2022: €26k
2023: €75k
2024: €92k
2020 → 2025
Working capital
€-12k
2024 · €28k
2020: €28k
2021: €35k
2022: €30k
2023: €19k
2024: €28k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€49k▼ 2.7%€49k=€49k=€3k▼ 93.8%
Operating result€36k-€37k▲ 2.1%€103k▲ 180%€124k▲ 21.2%€107k▼ 14.3%
Net result€26k-€26k▲ 3.3%€75k▲ 182%€92k▲ 22.9%€80k▼ 12.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152k
Fixed assets
€15k▼ 25.4%
Current assets
€137k▲ 2.7%
Equity and liabilities €152k
Equity
€3k▼ 93.8%
Debt
€149k▲ 41.9%
The debt ratio rises from 68.4% to 98.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€116k▼
2024 · €135k
Cash flow
€90k▼
2024 · €102k
Solvency
2.0%▼
2024 · 31.6%
Current ratio
0.92▼
2024 · 1.27
Quick ratio
0.92▼
2024 · 1.27
Debt / equity
49.62▲
2024 · 2.16
ROE
2676.0%▲
2024 · 189.0%
ROA
52.9%▼
2024 · 59.7%
Interest coverage
31.90▲
2024 · 31.31
Debt
€149k▲
2024 · €105k
Debt ≤ 1 year
€149k▲
2024 · €105k
Income taxes
€23k▼
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€153k€152k▼
Fixed assets21/28€20k€15k▼
Intangible fixed assets21€18k€10k▼
Tangible fixed assets22/27€3k€5k▲
Furniture and vehicles24€3k€5k▲
Current assets29/58€133k€137k▲
Amounts receivable within one year40/41€35k€27k▼
Trade receivables40€31k€24k▼
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€94k€105k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€153k€152k▼
Equity10/15€49k€3k▼
Contributions10/11€3k€3k=
Reserves13€46k-
Distributable reserves133€46k-
Amounts payable17/49€105k€149k▲
Amounts payable within one year42/48€105k€149k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€24k€19k▼
Taxes450/3€24k€19k▼
Other amounts payable47/48€78k€127k▲
Accrued charges and deferred income492/3€25-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€136k€117k▼
Operating profit (loss)9901€124k€107k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€120k€103k▼
Income taxes67/77€28k€23k▼
Profit (loss) for the period9904€92k€80k▼
Profit (loss) for the period to be appropriated9905€92k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€80k▼
Transfer from equity791/2-€46k
Profit to be distributed694/7€92k€126k▲
Return on contributions (dividend)694€92k€126k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €92k ▲22.9%
Operating result €124k, net result €92k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €26k ▼24%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2022
Charlotte MATTHYS
CurrentDirector · since 17-10-2022
17-10-2022
Appointed as Director
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 2019
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.
Chemin de l'Ermite 31420 Braine-l'AlleudGround area
1,741 m²
Building footprint
79 m²
Volume, LiDAR
578 m³
Parcel 25014A0787/00W000, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WALRUS SOLUTION
since 20192.295.727.902
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014A0787/00W000 | Wallonia | 1,741 m² | 1 · 78 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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QUANTUM CONSULTING
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Dimi3D
BE 0731.709.701
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Gruloos Solutions
BE 0735.727.182
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BICubed
BE 0737.920.966
Ranst · Eq €3k
Of 16,803 companies in sector 62100 we hold annual accounts for 8,745. 2,187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-2019
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.