WALSCHLAND
ActiveSummary
WALSCHLAND has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €593,797 and a net result of €49,998. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 72% of 1,526 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €593,797
- Profit
- €49,998
- Holdings
- 1
Why 88raises riskLiquidity: current ratio 3.52, cash €3,771Sector: Services to buildings and landscape activities (NACE 81)lowers riskFounded in 1999Size: total assets €956,359Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 81, micro): better than 73% on solvency, 43% on liquidity, 48% on profitability and 51% on growth.
The bankruptcy probability was computed on 19-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 3 days before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Equity above €500,000equity €543,799 ▲14.8%
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 24% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,196 | €45,196 | €45,211 | €27,851 | €27,850 | €27,850 | €27,850 | = |
| Other operating charges640/8 | - | €1,635 | - | €3,256 | €3,328 | €3,639 | €3,607 | ▼ 0.9% |
| Gross operating margin9900 | €96,722 | €94,021 | €105,874 | €142,715 | €121,124 | €126,700 | €103,387 | ▼ 18.4% |
| Operating profit (loss)9901 | €51,187 | €47,190 | €57,604 | €111,608 | €89,946 | €95,210 | €71,930 | ▼ 24.5% |
| Financial income75/76B | - | €17,115 | - | €12,659 | €12,983 | €7,659 | €13,524 | ▲ 76.6% |
| Recurring financial income75 | €11,994 | €17,115 | €18,739 | €12,659 | €12,983 | €7,659 | €13,524 | ▲ 76.6% |
| Financial charges65/66B | - | €21,068 | - | €9,587 | €8,259 | €7,614 | €14,602 | ▲ 91.8% |
| Recurring financial charges65 | €20,560 | €21,068 | €14,344 | €9,587 | €8,259 | €7,614 | €14,602 | ▲ 91.8% |
| Profit (loss) for the period before taxes9903 | €42,621 | €43,237 | €61,999 | €114,681 | €94,670 | €95,255 | €70,852 | ▼ 25.6% |
| Income taxes67/77 | €15,874 | €13,668 | €16,109 | €27,789 | €27,237 | €25,087 | €20,854 | ▼ 16.9% |
| Profit (loss) for the period9904 | €26,747 | €29,569 | €45,890 | €86,892 | €67,433 | €70,169 | €49,998 | ▼ 28.7% |
| Profit (loss) for the period to be appropriated9905 | €26,747 | €29,569 | €45,890 | €86,892 | €67,433 | €70,169 | €49,998 | ▼ 28.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €967,504 | €973,319 | €921,467 | €925,443 | €901,800 | €945,660 | €956,359 | ▲ 1.1% |
| Fixed assets21/28 | €681,986 | €636,790 | €591,577 | €563,727 | €535,876 | €508,026 | €480,176 | ▼ 5.5% |
| Tangible fixed assets22/27 | €292,706 | €247,510 | €202,297 | €174,447 | €146,596 | €118,746 | €90,896 | ▼ 23.5% |
| Land and buildings22 | - | €239,509 | - | €174,447 | €146,596 | €118,746 | €90,896 | ▼ 23.5% |
| Furniture and vehicles24 | - | €8,001 | - | - | - | - | - | - |
| Financial fixed assets28 | €389,280 | €389,280 | €389,280 | €389,280 | €389,280 | €389,280 | €389,280 | = |
| Current assets29/58 | €285,518 | €336,529 | €329,889 | €361,716 | €365,924 | €437,634 | €476,183 | ▲ 8.8% |
| Amounts receivable after more than one year29 | - | - | - | €200,000 | €260,000 | €260,000 | €260,000 | = |
| Other amounts receivable291 | - | - | - | €200,000 | €260,000 | €260,000 | €260,000 | = |
| Amounts receivable within one year40/41 | €269,939 | €316,708 | €308,645 | €147,063 | €91,263 | €162,486 | €198,888 | ▲ 22.4% |
| Trade receivables40 | - | €97,700 | - | €47,421 | €29,040 | €78,887 | €93,759 | ▲ 18.9% |
| Other amounts receivable41 | - | €219,008 | - | €99,641 | €62,223 | €83,599 | €105,129 | ▲ 25.8% |
| Cash at bank and in hand54/58 | €3,585 | €2,706 | €4,719 | €1,982 | €6,986 | €7,490 | €3,771 | ▼ 49.7% |
| Deferred charges and accrued income490/1 | - | €17,115 | - | €12,672 | €7,675 | €7,658 | €13,524 | ▲ 76.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €967,504 | €973,319 | €921,467 | €925,443 | €901,800 | €945,660 | €956,359 | ▲ 1.1% |
| Equity10/15 | €279,847 | €309,415 | €355,305 | €406,197 | €473,630 | €543,799 | €593,797 | ▲ 9.2% |
| Contributions10/11 | €62,000 | €62,000 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €100,437 | €100,436 | €100,437 | €64,437 | €64,437 | €64,437 | €64,437 | = |
| Non-distributable reserves130/1 | - | €6,200 | - | €6,200 | €6,200 | - | - | - |
| Reserves not available under the articles1311 | - | €6,200 | - | €6,200 | €6,200 | - | - | - |
| Distributable reserves133 | - | €94,236 | - | €58,237 | €58,237 | €64,437 | €64,437 | = |
| Profit (loss) carried forward14 | €117,410 | €146,979 | €192,868 | €279,760 | €347,193 | €417,362 | €467,360 | ▲ 12.0% |
| Amounts payable17/49 | €687,658 | €663,904 | €566,161 | €519,246 | €428,170 | €401,861 | €362,562 | ▼ 9.8% |
| Amounts payable after more than one year17 | €149,302 | €133,803 | €110,978 | €287,248 | €263,251 | €238,983 | €214,443 | ▼ 10.3% |
| Financial debts170/4 | - | €133,803 | - | €287,248 | €263,251 | €238,983 | €214,443 | ▼ 10.3% |
| Amounts payable within one year42/48 | €519,822 | €511,224 | €443,507 | €224,562 | €158,810 | €157,297 | €135,351 | ▼ 14.0% |
| Current portion of amounts payable after more than one year42 | - | €15,499 | - | €35,696 | €35,985 | €36,277 | €26,573 | ▼ 26.7% |
| Trade debts44 | €1,710 | €4,496 | €197 | €533 | €348 | €23,050 | €389 | ▼ 98.3% |
| Suppliers440/4 | - | €4,496 | - | €533 | €348 | €23,050 | €389 | ▼ 98.3% |
| Taxes, remuneration and social security45 | - | €19,314 | - | €32,641 | €43,418 | €18,910 | €23,748 | ▲ 25.6% |
| Taxes450/3 | - | €19,314 | - | €32,641 | €43,418 | €18,910 | €23,748 | ▲ 25.6% |
| Other amounts payable47/48 | - | €471,915 | - | €155,692 | €79,059 | €79,059 | €84,641 | ▲ 7.1% |
| Accrued charges and deferred income492/3 | - | €18,877 | - | €7,437 | €6,109 | €5,581 | €12,768 | ▲ 129% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,747 | €29,569 | €45,890 | €86,892 | €67,433 | €70,169 | €49,998 | ▼ 28.7% |
| + Depreciation and write-downs630 | €45,196 | €45,196 | €45,211 | €27,851 | €27,850 | €27,850 | €27,850 | = |
| Operating cash flow (approximation) | €71,943 | €74,765 | €91,101 | €114,743 | €95,283 | €98,019 | €77,849 | ▼ 20.6% |
| Investment in fixed assets (approximation) | - | -€0 | €2 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€879 | €2,013 | -€2,738 | €5,004 | €504 | -€3,719 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 28-01-2026 | 2026-00019337 |
| 30-06-2024 | abbreviated format | 31-01-2025 | 2025-00024333 |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00022497 |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00020088 |
| 30-06-2021 | abbreviated format | 28-01-2022 | 2022-03100297 |
| 30-06-2020 | abbreviated format | 02-02-2021 | 2021-04800099 |
| 30-06-2019 | abbreviated format | 15-01-2020 | 2020-01200125 |
| 30-06-2018 | abbreviated format | 14-01-2019 | 2019-01300049 |
| 30-06-2017 | abbreviated format | 16-01-2018 | 2018-01700060 |
| 30-06-2016 | abbreviated format | 16-01-2017 | 2017-01500381 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
48%
According to the annual accounts to 30-06-2025 of WALSCHLAND and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors read yet: 1 of 3 Gazette acts processed.
History
Acts, filings and financial milestones
31-01
Gazette deed
Resignation: Dobbels Benedicte (manager)Appointment: Dobbels Benedicte (director) · Amendment of the articles · Capital conversion17 facts ▸
- General meeting, 28-12-2023
- Amendment of the articles (4 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaar voor uitkering, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “kennisname bestuurdersverslag-verzaking revisoraal verslag, allen uitdrukkelijk vertegenwoordigd” (deed in Dutch)
- Kind of shares, “creatie en toewijzing”, 5 (deed in Dutch)
- Amendment of the articles, 24
- Amendment of the articles, 27
- Amendment of the articles, 31
- Capital
- Other provision, “TITEL III – Effecten, weggelaten” (deed in Dutch)
- Director resignation, Dobbels Benedicte (manager)
- +5 further facts in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44034D0628/00C000 | Flanders | 2,755 m² | 1 · 433 m² | 9.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Walschland, Artikel 1
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Artikel 2, bij enkel besluit van bestuursorgaan administratieve zetels agentschappen werkhuizen stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Artikel 13, algemene vergadering bepaalt aantal duur opdracht en indien meerdere bestuurders hun bevoegdheid bij gebrek aan duurtijdbepaling…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) indien geen andere vereffenaar benoemd” (deed in Dutch)