WALTEC
ActiveSummary
For WALTEC, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €1.8m and a net result of -€6,057. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 37948 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability77▼-1
Solvency100=
Growth22=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.6%
Return on assets
-0.3%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 331 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 30-11-2024, 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 filingsDeviation from the deadline
2025
not filed
2024
30 d late
2023
323 d late
2022
312 d late
2021
30 d late
2019
30 d late
2018
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 126 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#3 company by equity in Thuin, Professional and technical services sector#6 company by total assets in Thuin, Professional and technical services sector
Turnover
€52,827▼ 15.0%
2023 · €62,167
EBIT margin
-93.8%▼ 47.4pp
2023 · -46.4%
Net result
-€6,057▲ 77.7%
2023 · -€27,202
Working capital
€1.0m▼ 0.5%
2023 · €1.1m
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
Line20192021202220232024
Turnover€98,695€62,167▼ 37.0%€52,827▼ 15.0%
Operating result€10,863-€466,328--€45,265-€28,847▲ 36.3%-€49,564▼ 71.8%
Net result€4,644--€1.4m--€46,257▲ 96.7%-€27,202▲ 41.2%-€6,057▲ 77.7%
EBIT margin-45.9%-46.4%▼ 0.5pp-93.8%▼ 47.4pp
Equity€3.3m-€1.9m-€1.8m▼ 2.5%€1.8m▼ 1.5%€1.8m▼ 0.3%
Total assets€4.1m-€1.9m-€1.8m▼ 2.3%€1.8m▼ 1.5%€1.8m▼ 0.3%
Debt€707,890-€3,546-€6,461▲ 82.2%€6,259▼ 3.1%€6,453▲ 3.1%
Working capital-€241,586-€1.3m-€1.1m▼ 14.5%€1.1m▼ 4.8%€1.0m▼ 0.5%
Why a figure moved sharply
- 2022 Net result +97% on 2021. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €49,564 in 2024 against €28,847 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€732,581 ▼ 0.1%
Current assets
€1.1m ▼ 0.5%
Equity and liabilities €1.8m
Equity
€1.8m ▼ 0.3%
Debt
€6,453 ▲ 3.1%
Debt's share of the balance-sheet total stays at 0.4%.
Key figures and ratios
EBITDA
€9,705▼
2023 · €16,987
Cash flow
€53,212▲
2023 · €18,632
Debt to equity
0.00▲
2023 · 0.00
ROE
-0.3%▲
2023 · -1.5%
ROA
-0.3%▲
2023 · -1.5%
Interest coverage
22.47▼
2023 · 155.84
Debt ≤ 1 year
€6,453▲
2023 · €6,259
Income taxes
€153▲
2023 · -€1,500
A ratio outside any meaningful range has been withheld (balance sheet total €1.8m, equity €1.8m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €98,695 | €62,167 | €52,827 | ▼ 15.0% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €112,436 | €39,296 | €36,261 | ▼ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,765 | €35,091 | €39,599 | €45,834 | €59,269 | ▲ 29.3% |
| Other operating charges640/8 | - | - | €6,002 | €5,884 | €6,861 | ▲ 16.6% |
| Gross operating margin9900 | €24,021 | €507,699 | €336 | €22,871 | €16,566 | ▼ 27.6% |
| Operating profit (loss)9901 | €10,863 | €466,328 | -€45,265 | -€28,847 | -€49,564 | ▼ 71.8% |
| Financial income75/76B | - | - | €842 | €254 | €44,092 | ▲ 17,259% |
| Recurring financial income75 | €59 | €269 | €842 | €254 | €44,092 | ▲ 17,259% |
| Financial charges65/66B | - | - | €1,834 | €109 | €432 | ▲ 296% |
| Recurring financial charges65 | €38,612 | €27,226 | €1,834 | €109 | €432 | ▲ 296% |
| Profit (loss) for the period before taxes9903 | €4,644 | -€1.3m | -€46,257 | -€28,702 | -€5,904 | ▲ 79.4% |
| Income taxes67/77 | - | €90,676 | - | -€1,500 | €153 | ▲ 110% |
| Profit (loss) for the period9904 | €4,644 | -€1.4m | -€46,257 | -€27,202 | -€6,057 | ▲ 77.7% |
| Profit (loss) for the period to be appropriated9905 | €4,644 | -€1.4m | -€46,257 | -€27,202 | -€6,057 | ▲ 77.7% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.1m | €1.9m | €1.8m | €1.8m | €1.8m | ▼ 0.3% |
| Fixed assets21/28 | €3.6m | €566,681 | €707,349 | €733,575 | €732,581 | ▼ 0.1% |
| Tangible fixed assets22/27 | €591,926 | €559,021 | €599,689 | €625,915 | €624,921 | ▼ 0.2% |
| Land and buildings22 | - | - | €577,207 | €539,660 | €507,936 | ▼ 5.9% |
| Plant, machinery and equipment23 | - | - | €12,222 | €30,710 | €74,357 | ▲ 142% |
| Furniture and vehicles24 | - | - | €1,865 | €49,375 | €38,684 | ▼ 21.7% |
| Other tangible fixed assets26 | - | - | €8,395 | €6,170 | €3,944 | ▼ 36.1% |
| Financial fixed assets28 | €3.0m | €7,660 | €107,660 | €107,660 | €107,660 | = |
| Current assets29/58 | €466,304 | €1.3m | €1.1m | €1.1m | €1.1m | ▼ 0.5% |
| Amounts receivable after more than one year29 | - | - | €89,296 | €221,186 | €579,144 | ▲ 162% |
| Other amounts receivable291 | - | - | €89,296 | €221,186 | €579,144 | ▲ 162% |
| Stocks and contracts in progress3 | €2,015 | €2,015 | - | - | - | - |
| Amounts receivable within one year40/41 | €21,892 | €18,076 | €105,661 | €121,359 | €149,718 | ▲ 23.4% |
| Trade receivables40 | - | - | €93,646 | €118,725 | €145,222 | ▲ 22.3% |
| Other amounts receivable41 | - | - | €12,015 | €2,634 | €4,496 | ▲ 70.7% |
| Current investments50/53 | €360,788 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €81,595 | €1.3m | €914,820 | €712,644 | €321,107 | ▼ 54.9% |
| Deferred charges and accrued income490/1 | - | - | €1,728 | €2,686 | €3,037 | ▲ 13.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.1m | €1.9m | €1.8m | €1.8m | €1.8m | ▼ 0.3% |
| Equity10/15 | €3.3m | €1.9m | €1.8m | €1.8m | €1.8m | ▼ 0.3% |
| Contributions10/11 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Capital10 | - | - | €1.8m | €1.8m | €1.8m | = |
| Issued capital100 | - | - | €1.8m | €1.8m | €1.8m | = |
| Reserves13 | €81,810 | €81,810 | €81,810 | €81,810 | €81,810 | = |
| Non-distributable reserves130/1 | - | - | €81,810 | €81,810 | €81,810 | = |
| Legal reserve130 | - | - | €81,810 | €81,810 | €81,810 | = |
| Profit (loss) carried forward14 | €1.5m | -€23,220 | -€69,477 | -€96,679 | -€102,736 | ▼ 6.3% |
| Amounts payable17/49 | €707,890 | €3,546 | €6,461 | €6,259 | €6,453 | ▲ 3.1% |
| Amounts payable within one year42/48 | €707,890 | €3,546 | €6,461 | €6,259 | €6,453 | ▲ 3.1% |
| Trade debts44 | €1,147 | €2,424 | €896 | €738 | €534 | ▼ 27.6% |
| Suppliers440/4 | - | - | €896 | €738 | €534 | ▼ 27.6% |
| Taxes, remuneration and social security45 | - | - | €4,614 | €4,570 | €4,570 | = |
| Remuneration and social security454/9 | - | - | €4,614 | €4,570 | €4,570 | = |
| Other amounts payable47/48 | - | - | €951 | €951 | €1,349 | ▲ 41.9% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,644 | -€1.4m | -€46,257 | -€27,202 | -€6,057 | ▲ 77.7% |
| + Depreciation and write-downs630 | €11,765 | €35,091 | €39,599 | €45,834 | €59,269 | ▲ 29.3% |
| Operating cash flow (approximation) | €16,408 | -€1.4m | -€6,658 | €18,632 | €53,212 | ▲ 186% |
| Investment in fixed assets (approximation) | - | - | -€180,267 | -€72,060 | -€58,275 | ▲ 19.1% |
| Change in cash | - | - | -€343,799 | -€202,176 | -€391,537 | ▼ 93.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 323 days late
2023
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 312 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
31-03
Financial
Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity times 555current ratio 365.30
Current ratio from 0.66 to 365.30; short-term debt falls from €707,890 to €3,546.
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
06-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 340 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Thuin · 1 establishment unit since 2000
Ground area
3,612 m²
Building footprint
256 m²
Volume, LiDAR
916 m³
2 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WALTEC
since 20002.096.428.138
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56060B0485/00Z000 | Wallonia | 2,570 m² | 1 · 155 m² | 8.2 m · 2 fl. |
| 56044B0780/00B009 | Wallonia | 1,041 m² | 1 · 102 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 21,501 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-12-1999
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0469213843
Also
9925:BE0469213843
Registered
04-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.