Walter Drossaert
ActiveWalter Drossaert has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €507k and a net result of €-27k. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+3
Solvency89=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 34.08 against 37.83 in 2024; short-term debt: 0.6% and cash: 18.1% of total assets), and 35.7% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-27k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
50 d early
2023
22 d early
2022
32 d early
2021
20 d early
2020
39 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€507k▼ 5.1%
2024 · €535k
2018: €765k
2019: €956k
2020: €1.11M
2021: €795k
2022: €796k
2023: €706k
2024: €535k
2018 → 2025
Total assets
€789k▼ 5.3%
2024 · €834k
2018: €1.30M
2019: €1.20M
2020: €1.15M
2021: €1.03M
2022: €1.04M
2023: €977k
2024: €834k
2018 → 2025
Net result
€-27k▲ 44.0%
2024 · €-49k
2018: €123k
2019: €191k
2020: €153k
2021: €115k
2022: €109k
2023: €8k
2024: €-49k
2018 → 2025
Working capital
€146k▲ 16.7%
2024 · €125k
2018: €-184k
2019: €35k
2020: €226k
2021: €-50k
2022: €10k
2023: €-62k
2024: €125k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€795k-€796k▲ 0.1%€706k▼ 11.3%€535k▼ 24.3%€507k▼ 5.1%
Operating result€173k-€168k▼ 2.5%€15k▼ 91.1%€-48k€-26k▲ 44.9%
Net result€115k-€109k▼ 5.1%€8k▼ 92.6%€-49k€-27k▲ 44.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2025 against €48k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €789k
Fixed assets
€639k▼ 9.4%
Current assets
€150k▲ 17.0%
Equity and liabilities €789k
Equity
€507k▼ 5.1%
Debt
€282k▼ 5.8%
The debt ratio falls from 35.9% to 35.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€32k▲
2024 · €17k
Cash flow
€31k▲
2024 · €16k
Solvency
64.3%▲
2024 · 64.1%
Current ratio
34.08▼
2024 · 37.83
Quick ratio
34.08▼
2024 · 37.83
Debt / equity
0.56▼
2024 · 0.56
ROE
-5.4%▲
2024 · -9.1%
ROA
-3.5%▲
2024 · -5.8%
Interest coverage
283.74▲
2024 · 159.16
Debt
€282k▼
2024 · €299k
Debt ≤ 1 year
€4k▲
2024 · €3k
Debt > 1 year
€275k▼
2024 · €294k
Income taxes
€815▲
2024 · €783
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€834k€789k▼
Fixed assets21/28€705k€639k▼
Tangible fixed assets22/27€705k€639k▼
Land and buildings22€678k€633k▼
Furniture and vehicles24€20k€6k▼
Other tangible fixed assets26€7k-
Current assets29/58€128k€150k▲
Amounts receivable within one year40/41€20k€7k▼
Trade receivables40€2k€7k▲
Other amounts receivable41€18k€185▼
Cash at bank and in hand54/58€105k€143k▲
Deferred charges and accrued income490/1€3k€189▼
Equity and liabilities
Total equity and liabilities10/49€834k€789k▼
Equity10/15€535k€507k▼
Contributions10/11€6k€6k=
Reserves13€575k€575k=
Distributable reserves133€575k€575k=
Profit (loss) carried forward14€-47k€-74k▼
Amounts payable17/49€299k€282k▼
Amounts payable after more than one year17€294k€275k▼
Other amounts payable178/9€294k€275k▼
Amounts payable within one year42/48€3k€4k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€274€626▲
Taxes450/3€274€626▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€59k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€-7k=
Other operating charges640/8€8k€8k▲
Gross operating margin9900€18k€34k▲
Operating profit (loss)9901€-48k€-26k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€107€114▲
Recurring financial charges65€107€114▲
Profit (loss) for the period before taxes9903€-48k€-26k▲
Income taxes67/77€783€815▲
Profit (loss) for the period9904€-49k€-27k▲
Profit (loss) for the period to be appropriated9905€-49k€-27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-74k▼
Profit (loss) brought forward from the previous period14P-€-47k
Transfer from equity791/2€125k-
Profit to be distributed694/7€123k-
Return on contributions (dividend)694€123k-
The notes to these accounts (6 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-49k ▼708%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 49current ratio 37.83
Current ratio from 0.77 to 37.83; short-term debt falls from €269k to €3k.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 6current ratio 7.35
Current ratio from 1.14 to 7.35; short-term debt falls from €245k to €36k.
31-12
Financial
Equity above €1MEq €1.11M ▲16%
3 profitable years in a row build equity to €1.11M.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €191k ▲55.4%
Operating result €312k, net result €191k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Essen · 1 establishment unit since 2001
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.
Antwerpsesteenweg 732910 EssenGround area
1,496 m²
Building footprint
192 m²
Volume, LiDAR
861 m³
Parcel 11016B1064/00P004, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Antwerpsesteenweg 73, 2910 Essen
since 20012.101.404.040
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016B1064/00P004 | Flanders | 1,496 m² | 1 · 192 m² | 6.2 m · 1 fl. |
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.
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,523 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2001
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
46900Non-specialised wholesale trade
51900
66220Insurance agents and brokers
67201
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.