Walsha
ActiveSummary
Walsha has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€47,866) and a net result of €27,431. Equity has been shrinking by about 43% per year since 2019. Its solvency ranks better than 5% of 15,784 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 23-12-2010 Normal situation
- Activity
- Other legal services NACE 69109and 2 others
- Joint committee
- 330 Paritair Comité voor de gezondheidsinrichtingen en -diensten · annual accounts 30-06-2022
- Establishment units
- 2.197.005.260 2490 Balen, since 27-12-2010
- 2.294.393.161 2490 Balen, since 01-08-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 21-01-2025
Board and ownership
- Natasha De VinsterDirector
- Walter EngelenDirector
- Holdings
- Shares in 1 company Falconcare
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €39,412
- ▲ 124×
- Turnover
- ≈ €110,000
- estimated
- Profit
- €27,431
- Equity
- -€47,866
- ▲ 36.4%
- Total assets
- €40,321
- ▼ 78.2%
- Negative equity on 30-06-2025
- 2025 accounts filed 2 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€47,866lowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €40,321Liquidity: current ratio 0.59, cash €9,701Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 69, micro). It does better than 1% of them on solvency, 9% on liquidity, 82% on profitability and 74% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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
The company filed its last 7 accounts on average 35 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Company renamed from Falcontwin to WalshaChange of role: Natasha De Vinster, from director to statutory director · Resignation: Walter Engelen (statutory director) · Appointments: Walter Engelen, ENGELENWalterFransLouisa and DEVINSTERNatasha
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Walsha: other legal services (NACE 69109). They are comparable in size and age: total assets between €34,200 and €66,100, founded between 2003 and 2013.
| Company | Total assets | Gross margin |
|---|---|---|
| Walsha Balen | €40,321 | €39,412 |
| PACIFIENCE Ath | €53,160 | €36,129 |
| PRAGMA Elsene | €34,244 | €36,945 |
| MANU VAN EUPEN LEGAL SERVICES Antwerpen | €66,108 | €30,722 |
| SEDLEX CONSEILS Mons | €65,257 | €46,934 |
| MANDAR MANAGEMENT Beersel | €53,528 | €46,242 |
| CABINET MATYSIAK Morlanwelz | €35,633 | €26,086 |
Key facts about Walsha
- What is the company number of Walsha?
- The company number of Walsha is 0832.240.006. The VAT number is the same number with BE in front: BE 0832.240.006.
- Where is Walsha based?
- The registered office is at Molenstraat 280, 2490 Balen.Company details
- What does Walsha do?
- According to the KBO register, the main activity is other legal services (NACE 69109).
- What is the legal form of Walsha?
- The legal form of Walsha is Private limited company (BV).
- When was Walsha founded?
- Walsha was founded on 23-12-2010.
- Is Walsha still active?
- Yes, Walsha is an active enterprise in the KBO register.
- How many employees does Walsha have?
- Walsha had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does Walsha fall under?
- In its 30-06-2022 annual accounts, Walsha states joint committee 330 (Paritair Comité voor de gezondheidsinrichtingen en -diensten).
- What is the turnover of Walsha?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €39,412 and 68 comparable companies (NACE 69). It probably lies between €70,000 and €140,000.
- Is Walsha profitable?
- In financial year 2025, Walsha made a profit of €27,431.
- Where can I find the annual accounts of Walsha?
- Walsha filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Walsha due?
- Walsha must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.