Financials
- Fiscal year
- 2024
- Total assets
- €15,819
- Profit
- €1,873
- Solvency
- 11.8%
WALTEL
ActiveSummary
The computed 12-month bankruptcy probability of WALTEL is 5.8% (elevated). The 2024 annual accounts show equity of €1,873 and a net result of €1,873. Its solvency ranks better than 15% of 1332 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€15,819total assets 2024
- Equity
- €1,873
- Profit
- €1,873
Turnover not published (abridged schema)
Structure
- Board
- 1 member
Accounts filed 28 d late2 of 3 deeds read
Why 36- Figures for FY 2024 (filed 28-08-2025)- 1 change of registered office in 24 months- Founded in 2024+ Liquidity: current ratio 1.13, cash €13,256Show the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 34% of its sector peers (NACE 42, micro)
Performance against the sector, not lower risk
Financial strength
Average
Solvency
37
equity 11.8% of total assets
Liquidity
51
short-term debt 88.2% · cash 83.8%
Profitability
67
return on assets 11.8%
Bankruptcy probability, 12 months
5.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 3.1%
08-2025: 3.2%▲ +2.6% vs 07-2025
09-2025: 1.5%▼ -52.2% vs 08-2025
10-2025: 1.5%● 0.0% vs 09-2025
11-2025: 1.5%▲ +2.0% vs 10-2025
12-2025: 1.5%● 0.0% vs 11-2025
01-2026: 1.6%▲ +6.5% vs 12-2025
02-2026: 1.6%● 0.0% vs 01-2026
03-2026: 1.7%▲ +2.3% vs 02-2026
04-2026: 1.0%▼ -39.4% vs 03-2026lowest value
05-2026: 2.3%▲ +130% vs 04-2026
06-2026: 2.4%▲ +0.8% vs 05-2026
07-2026: 2.5%▲ +5.1% vs 06-2026
08-2026: 3.3%▲ +32.6% vs 07-2026
09-2026: 3.4%▲ +4.6% vs 08-2026
10-2026: 5.8%▲ +67.2% vs 09-2026highest value
- Figures for FY 2024 (filed 28-08-2025) raises the probability
- 1 change of registered office in 24 months raises the probability
- Founded in 2024 raises the probability for this profile
- Liquidity: current ratio 1.13, cash €13,256 lowers the probability
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.13; short-term debt: 88.2% and cash: 83.8% of total assets), and 88.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 42, micro). Better than this share of them on solvency 16%, liquidity 51%, profitability 35%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1332 sector peers (2024).
NBB · sector comparisonPosition among 1332 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 1 filingDeviation from the deadline
2024
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 28 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
- General meeting · Registered-office moveDirector in office
- Resignation: Aarab Oualid (director)Appointment: Bouchra Aarab (director) ·…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 3
- Since
- 2025
- 25-09-2026General meeting · Registered-office move
- 16-04-2026Resignation: Aarab Oualid (director)
- 28-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220
- Founded
- 03-06-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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