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WALTECH

Active Risk: moderate
Private limited company (pre-2019)founded 2007active for 19 yearsKBO/BCE: BE 0891.428.515
Summary

The computed 12-month bankruptcy probability of WALTECH is 3.5% (moderate). The 2017 annual accounts show equity of €75,187 and a net result of €14,893. Equity is shrinking by about 9.3% per year across the filed financial years. The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
≈ €120,000turnover 2017, estimated
Equity
€75,187
Profit
€14,893
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
3.5%
2017 figures too old to score
Structure
2018 accounts not filed, 2830 days past the deadline3 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2017 (filed 06-02-2018)lowers riskFounded in 2007Size: total assets €112,125Liquidity: current ratio 4.94, cash €17,872neutralNo filing for yearsLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2017 · tick = 2016
Strong
Solvency 92+12
equity 67.1% of total assets
Liquidity 64+1
short-term debt 20.1% · cash 15.9%
Profitability 71+71
return on assets 13.3%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.7%● unchanged vs 11-2024lowest value 01-2025: 0.7%● unchanged vs 12-2024lowest value 02-2025: 0.7%● unchanged vs 01-2025lowest value 03-2025: 0.7%● unchanged vs 02-2025lowest value 04-2025: 0.7%● unchanged vs 03-2025lowest value 05-2025: 0.7%● unchanged vs 04-2025lowest value 06-2025: 0.7%● unchanged vs 05-2025lowest value 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 3.5%▲ +2.7 percentage points vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2017 (filed 06-02-2018)
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €112,125
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.94, cash €17,872
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 30-06-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-06-2018 year end31-01-2019 deadline31-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2017 was due by 31-01-2018 and was filed on 31-01-2018, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2017 · micro…
  2. Back to profitnet €14,893
  3. Annual accounts filedfinancial year 2016 · full…

Financials · financial year 2017, micro format

2018 annual accounts not yet filed, deadline passed on 31 January 2019 Financial year closed on 30 June 2018; filing due at the latest 7 months after the close (Companies Code art. 3:10). 8 financial years without a filing since the last one filed. Source: NBB filings, as of 31 October 2026.

Turnover
≈ €120,000
Estimated: probably between €71,000 and €210,000
EBIT margin
Not included in this filing
Net result
€14,893
2016 · -€31,364
Working capital
€88,631▲ 14.5%
2016 · €77,386
Trend over the years

2013 to 2017, 5 financial years 2013 to 2017, 5 financial years

The operating result returns to profit in 2017: €13,182 after a loss of €32,685 in 2016, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€13,182 2017 Net result€14,893 2017

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20132014201520162017
Operating result€4,640--€19,140€6,784-€32,685€13,182
Net result€3,844--€18,756€8,048-€31,364€14,893
Equity€110,366-€83,610▼ 24.2%€91,658▲ 9.6%€60,294▼ 34.2%€75,187▲ 24.7%
Total assets€160,400-€119,329▼ 25.6%€104,406▼ 12.5%€108,695▲ 4.1%€112,125▲ 3.2%
Debt€50,034-€35,719▼ 28.6%€12,748▼ 64.3%€48,401▲ 280%€36,938▼ 23.7%
Working capital€99,580-€68,194▼ 31.5%€86,313▲ 26.6%€77,386▼ 10.3%€88,631▲ 14.5%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €112,125
Fixed assets €999 ▼ 69.7%
Current assets €111,126 ▲ 5.4%
Equity and liabilities €112,125
Equity €75,187 ▲ 24.7%
Debt €36,938 ▼ 23.7%
Debt's share of the balance-sheet total falls from 44.5% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
2017 value · change against 2016
EBITDA
€14,984▲
2016 · -€29,862
Cash flow
€16,695▲
2016 · -€28,541
Current ratio
4.94▲
2016 · 3.76
Quick ratio
4.91▲
2016 · 3.70
Debt to equity
0.19▼
2016 · 0.34
ROE
19.8%▲
2016 · -52.0%
ROA
13.3%▲
2016 · -28.9%
Debt ≤ 1 year
€22,495▼
2016 · €28,009
Debt > 1 year
€14,443▼
2016 · €20,392
Income taxes
€92▼
2016 · €201
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 26 lines
Balance sheet Code20162017
Assets
Total assets20/58€108,695€112,125▲
Fixed assets21/28€3,300€999▼
Tangible fixed assets22/27€2,845€544▼
Financial fixed assets28€455€455=
Current assets29/58€105,395€111,126▲
Stocks and contracts in progress3€1,800€600▼
Amounts receivable within one year40/41€82,109€91,314▲
Cash at bank and in hand54/58€20,155€17,872▼
Equity and liabilities
Total equity and liabilities10/49€108,695€112,125▲
Equity10/15€60,294€75,187▲
Contributions10/11€6,200€6,200=
Reserves13€9,360€9,360=
Profit (loss) carried forward14€44,734€59,627▲
Amounts payable17/49€48,401€36,938▼
Amounts payable after more than one year17€20,392€14,443▼
Amounts payable within one year42/48€28,009€22,495▼
Trade debts44€21,999€16,254▼
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,823€1,802▼
Gross operating margin9900-€28,662€29,377▲
Operating profit (loss)9901-€32,685€13,182▲
Recurring financial income75€2,958€4,584▲
Recurring financial charges65€816€2,781▲
Profit (loss) for the period before taxes9903-€31,163€14,985▲
Income taxes67/77€201€92▼
Profit (loss) for the period9904-€31,364€14,893▲
Profit (loss) for the period to be appropriated9905-€31,364€14,893▲
Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,094€14,706€13,054€2,823€1,802▼ 36.2%
Gross operating margin9900€17,077-€3,421€20,869-€28,662€29,377-
Operating profit (loss)9901€4,640-€19,140€6,784-€32,685€13,182-
Recurring financial income75€3,192€3,840€3,715€2,958€4,584▲ 55.0%
Recurring financial charges65€1,712€1,099€1,484€816€2,781▲ 241%
Profit (loss) for the period before taxes9903€6,120-€18,440€9,015-€31,163€14,985-
Income taxes67/77€2,276€316€967€201€92▼ 54.2%
Profit (loss) for the period9904€3,844-€18,756€8,048-€31,364€14,893-
Profit (loss) for the period to be appropriated9905€3,844-€18,756€8,048-€31,364€14,893-
Line20132014201520162017Change
Assets
Total assets20/58€160,400€119,329€104,406€108,695€112,125▲ 3.2%
Fixed assets21/28€21,546€17,631€5,345€3,300€999▼ 69.7%
Tangible fixed assets22/27€21,396€17,481€5,195€2,845€544▼ 80.9%
Financial fixed assets28€150€150€150€455€455=
Current assets29/58€138,854€101,698€99,061€105,395€111,126▲ 5.4%
Stocks and contracts in progress3€3,000€6,500€2,000€1,800€600▼ 66.7%
Amounts receivable within one year40/41€100,897€93,427€87,538€82,109€91,314▲ 11.2%
Cash at bank and in hand54/58€34,383€1,771€8,523€20,155€17,872▼ 11.3%
Equity and liabilities
Total equity and liabilities10/49€160,400€119,329€104,406€108,695€112,125▲ 3.2%
Equity10/15€110,366€83,610€91,658€60,294€75,187▲ 24.7%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€9,360€9,360€9,360=
Profit (loss) carried forward14€102,306€75,550€76,098€44,734€59,627▲ 33.3%
Amounts payable17/49€50,034€35,719€12,748€48,401€36,938▼ 23.7%
Amounts payable after more than one year17€10,760€2,215-€20,392€14,443▼ 29.2%
Amounts payable within one year42/48€39,274€33,504€12,748€28,009€22,495▼ 19.7%
Trade debts44€8,973€16,668€9,567€21,999€16,254▼ 26.1%
Line20132014201520162017Change
Profit (loss) for the period9904€3,844-€18,756€8,048-€31,364€14,893-
+ Depreciation and write-downs630€11,094€14,706€13,054€2,823€1,802▼ 36.2%
Operating cash flow (approximation)€14,938-€4,050€21,102-€28,541€16,695-
Investment in fixed assets (approximation)--€10,791-€768-€778€499-
Change in cash--€32,612€6,752€11,632-€2,283-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
30-06-2017 micro format 31-01-2018 2018-03800215
30-06-2016 full format 02-01-2017 2017-00100084
30-06-2015 full format 23-12-2015 2015-70100413
30-06-2014 full format 30-12-2014 2014-70900264
30-06-2013 full format 11-02-2014 2014-03200420
30-06-2012 full format 27-12-2012 2012-67800380
30-06-2011 full format 16-01-2012 2012-00900286
30-06-2010 full format 30-12-2010 2010-65100481
30-06-2009 full format 13-01-2010 2010-01300122
30-06-2008 full format 15-01-2009 2009-01300087

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

WALTECH was incorporated on 14 August 2007.1 Total assets fell from €160,400 in 2013 to €112,125 in 2017.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2013 and 2017

Acts, filings and financial milestones

2018
31-01
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
30-06
Financial Back to profitnet €14,893
Net result €14,893 after one loss-making year.
02-01
NBB filing Annual accounts filed
financial year 2016 · full format
2016
30-06
Financial Weakest financial yearnet -€31,364
Net result drops to -€31,364, the lowest in the series; recovery starts the following year.
2015
23-12
NBB filing Annual accounts filed
financial year 2015 · full format
30-06
Financial Back to profitnet €8,048
Net result €8,048 after one loss-making year.
30-06
Financial Liquidity more than doubledcurrent ratio 7.77
Current ratio from 3.04 to 7.77; short-term debt falls from €33,504 to €12,748.
2014
30-12
NBB filing Annual accounts filed
financial year 2014 · full format
11-02
NBB filing Annual accounts filed
financial year 2013 · full format · 11 days late
2012
27-12
NBB filing Annual accounts filed
financial year 2012 · full format
16-01
NBB filing Annual accounts filed
financial year 2011 · full format
2010
30-12
NBB filing Annual accounts filed
financial year 2010 · full format
13-01
NBB filing Annual accounts filed
financial year 2009 · full format
2009
15-01
NBB filing Annual accounts filed
financial year 2008 · full format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official 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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Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded14-08-2007
Financial year end30-06
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 31 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

Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2007
registered office establishment The establishment unit on the map
Ground area
1,079 m²
Building footprint
198 m²
Building volume
1,439 m³
2 parcels, Wallonia · tallest building 10.9 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Waltech
Civil engineering
since 2007unit no. 2.164.632.105
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
25763L0315/00_000 Wallonia 651 m² 1 · 122 m² 9.2 m · 2
52055D0565/00R025 Wallonia 427 m² 1 · 76 m² 10.9 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.