WALTENS
ActiveWALTENS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €810k and a net result of €118k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+5
Solvency93▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 3.08 in 2024; short-term debt: 15.9% and cash: 26.6% of total assets), and 31.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.1%
Return on assets
9.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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
27 d late
2024
27 d late
2023
27 d late
2022
1 d early
2021
on the day
2020
12 d late
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€810k▲ 14.0%
2024 · €711k
2019: €420k
2020: €498k
2021: €536k
2022: €628k
2023: €665k
2024: €711k
2019 → 2025
Total assets
€1.19M▲ 4.7%
2024 · €1.14M
2019: €1.28M
2020: €1.27M
2021: €1.22M
2022: €1.25M
2023: €1.21M
2024: €1.14M
2019 → 2025
Net result
€118k▲ 70.8%
2024 · €69k
2019: €99k
2020: €102k
2021: €67k
2022: €115k
2023: €104k
2024: €69k
2019 → 2025
Working capital
€362k▲ 20.9%
2024 · €300k
2019: €185k
2020: €243k
2021: €265k
2022: €340k
2023: €347k
2024: €300k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€536k-€628k▲ 17.2%€665k▲ 6.0%€711k▲ 6.9%€810k▲ 14.0%
Operating result€108k-€176k▲ 62.0%€156k▼ 11.0%€100k▼ 35.8%€175k▲ 75.0%
Net result€67k-€115k▲ 72.2%€104k▼ 10.1%€69k▼ 33.4%€118k▲ 70.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 75% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets
€638k▼ 7.8%
Current assets
€551k▲ 24.1%
Equity and liabilities €1.19M
Equity
€810k▲ 14.0%
Provisions
€22k▼ 12.5%
Debt
€357k▼ 10.7%
The debt ratio falls from 35.2% to 30.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€234k▲
2024 · €160k
Cash flow
€176k▲
2024 · €129k
Solvency
68.1%▲
2024 · 62.6%
Current ratio
2.92▼
2024 · 3.08
Quick ratio
2.34▲
2024 · 2.19
Debt / equity
0.44▼
2024 · 0.56
ROE
14.5%▲
2024 · 9.7%
ROA
9.9%▲
2024 · 6.1%
Interest coverage
25.45▲
2024 · 13.89
Debt
€357k▼
2024 · €400k
Debt ≤ 1 year
€189k▲
2024 · €144k
Debt > 1 year
€168k▼
2024 · €255k
Income taxes
€53k▲
2024 · €24k
Staff costs
€160k▲
2024 · €127k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.19M▲
Formation expenses20€0-
Fixed assets21/28€692k€638k▼
Tangible fixed assets22/27€692k€638k▼
Land and buildings22€580k€550k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€108k€85k▼
Current assets29/58€444k€551k▲
Stocks and contracts in progress3€127k€108k▼
Stocks30/36€127k€108k▼
Amounts receivable within one year40/41€123k€112k▼
Trade receivables40€113k€111k▼
Other amounts receivable41€10k€706▼
Cash at bank and in hand54/58€181k€316k▲
Deferred charges and accrued income490/1€13k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.19M▲
Equity10/15€711k€810k▲
Contributions10/11€19k€19k=
Reserves13€627k€726k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€33k▼
Distributable reserves133€587k€691k▲
Profit (loss) carried forward14€65k€65k=
Provisions and deferred taxes16€25k€22k▼
Deferred taxes168€25k€22k▼
Amounts payable17/49€400k€357k▼
Amounts payable after more than one year17€255k€168k▼
Financial debts170/4€255k€168k▼
Amounts payable within one year42/48€144k€189k▲
Current portion of amounts payable after more than one year42€89k€87k▼
Trade debts44€33k€46k▲
Suppliers440/4€33k€46k▲
Taxes, remuneration and social security45€17k€53k▲
Taxes450/3€17k€35k▲
Remuneration and social security454/9-€18k
Other amounts payable47/48€6k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€127k€160k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€59k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-9k-
Other operating charges640/8€19k€9k▼
Gross operating margin9900€297k€403k▲
Operating profit (loss)9901€100k€175k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€12k€9k▼
Recurring financial charges65€12k€9k▼
Profit (loss) for the period before taxes9903€90k€167k▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€24k€53k▲
Profit (loss) for the period9904€69k€118k▲
Transfer from tax-exempt reserves789€5k€5k=
Profit (loss) for the period to be appropriated9905€74k€123k▲
Appropriation of the result
Profit (loss) to be appropriated9906€139k€188k▲
Profit (loss) brought forward from the previous period14P€65k€65k=
Transfer from equity791/2-€19k
Transfer to equity691/2€51k€123k▲
To other reserves6921€51k€123k▲
Profit to be distributed694/7€23k€19k▼
Return on contributions (dividend)694€23k€19k▼
Social balance
Average headcount (FTE)90872.74.4▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-06
Financial
Highest result since 2019net €118k ▲70.8%
Net result €118k, the highest in the series.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €67k ▼34.4%
Net result drops to €67k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €500kEq €536k ▲7.5%
3 profitable years in a row build equity to €536k.
12-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Temse · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Krijgsbaan 2479140 TemseGround area
7,626 m²
Building footprint
3,667 m²
Parcel 46302D1262/00V002, Flanders. Linked by address, not a title deed.
1 establishment unit
FRANK WALTENS BV
since 19972.082.890.896
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D1262/00V002 | Flanders | 7,626 m² | 1 · 3,667 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 86 EUR awarded · 86 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 86 EUR | 86 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,292 companies in sector 43350 we hold annual accounts for 2,359. 1,028 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-1997
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
43350Other building finishing work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:037714232