WALTERRE
ActiveWALTERRE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-132k) and a net result of €-245k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-80
Solvency14▼-19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.94 in 2024; short-term debt: 68.7% and cash: 4.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-10.8%
Return on assets
-20%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-132k
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 10-06-2026, 51 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
51 d early
2024
85 d early
2023
71 d early
2022
88 d early
2021
5 d early
2020
31 d late
2019
122 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€8k
EBIT margin
-4502.4%
Net result
€-245k
2024 · €123k
2019: €-357k
2020: €-146k
2021: €257k
2022: €210k
2023: €26k
2024: €123k
2019 → 2025
Working capital
€-357k▼ 588%
2024 · €-52k
2019: €-726k
2020: €-544k
2021: €-220k
2022: €106k
2023: €47k
2024: €-52k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-246k-€-36k▲ 85.2%€-10k▲ 71.5%€113k€-132k
Operating result€297k-€246k▼ 17.3%€50k▼ 79.5%€149k▲ 197%€-232k
Net result€257k-€210k▼ 18.6%€26k▼ 87.6%€123k▲ 372%€-245k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €232k after €149k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets
€740k▲ 14.7%
Current assets
€484k▼ 35.9%
Key figures and ratios
EBITDA
€-121k▼
2024 · €232k
Cash flow
€-133k▼
2024 · €206k
Solvency
-10.8%▼
2024 · 8.0%
Current ratio
0.58▼
2024 · 0.94
Quick ratio
0.58▼
2024 · 0.94
Debt / equity
-9.51▼
2024 · 10.91
ROA
-20.0%▼
2024 · 8.8%
Interest coverage
-4.29▼
2024 · 8.45
Debt
€1.26M▲
2024 · €1.23M
Debt ≤ 1 year
€841k▲
2024 · €807k
Debt > 1 year
€332k▼
2024 · €343k
Income taxes
€458▲
2024 · €373
Staff costs
€584k▲
2024 · €450k
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€1.40M€1.22M▼
Fixed assets21/28€646k€740k▲
Intangible fixed assets21€484k€583k▲
Tangible fixed assets22/27€91k€87k▼
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€23k€23k=
Other tangible fixed assets26€60k€57k▼
Financial fixed assets28€71k€71k=
Current assets29/58€755k€484k▼
Amounts receivable after more than one year29€12k€3k▼
Other amounts receivable291€12k€3k▼
Amounts receivable within one year40/41€145k€63k▼
Trade receivables40€112k€47k▼
Other amounts receivable41€32k€15k▼
Current investments50/53€528k€339k▼
Cash at bank and in hand54/58€47k€56k▲
Deferred charges and accrued income490/1€24k€24k▼
Equity and liabilities
Total equity and liabilities10/49€1.40M€1.22M▼
Equity10/15€113k€-132k▼
Reserves13€100k-
Profit (loss) carried forward14€13k€-132k▼
Provisions and deferred taxes16€58k€101k▲
Provisions for liabilities and charges160/5€58k€101k▲
Other liabilities and charges164/5€58k€101k▲
Amounts payable17/49€1.23M€1.26M▲
Amounts payable after more than one year17€343k€332k▼
Financial debts170/4€23k€12k▼
Trade debts175€320k€320k=
Amounts payable within one year42/48€807k€841k▲
Current portion of amounts payable after more than one year42€10k€44k▲
Trade debts44€138k€86k▼
Suppliers440/4€138k€86k▼
Advances received on contracts in progress46€612k€649k▲
Taxes, remuneration and social security45€47k€61k▲
Taxes450/3€719€826▲
Remuneration and social security454/9€46k€60k▲
Accrued charges and deferred income492/3€80k€82k▲
Income statement
Code20242025
Remuneration, social security and pensions62€450k€584k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€111k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€545k€509k▼
Operating profit (loss)9901€149k€-232k▼
Financial income75/76B€2k€16k▲
Recurring financial income75€2k€16k▲
Financial charges65/66B€27k€28k▲
Recurring financial charges65€27k€28k▲
Profit (loss) for the period before taxes9903€123k€-244k▼
Income taxes67/77€373€458▲
Profit (loss) for the period9904€123k€-245k▼
Profit (loss) for the period to be appropriated9905€123k€-245k▼
Appropriation of the result
Profit (loss) to be appropriated9906€113k€-232k▼
Profit (loss) brought forward from the previous period14P€-10k€13k▲
From contributions791-€100k
To contributions691€100k-
Social balance
Average headcount (FTE)90876.88.7▲
The notes to these accounts (13 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €100kEq €113k
4 profitable years in a row build equity to €113k.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €257k
Net result €257k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, La Louvière · 2 establishment units since 2019
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.
Rue du Gros Saule(H-G) 607110 La LouvièreGround area
9,666 m²
Building footprint
2,650 m²
Volume, LiDAR
16,598 m³
3 parcels, Wallonia · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
WALTERRE
since 20192.292.649.537
WALTERRE
since 20192.295.215.186
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55020C0051/00V003 | Wallonia | 6,617 m² | 1 · 1,944 m² | 8.3 m · 2 fl. |
| 53079A0631/00F000 | Wallonia | 2,742 m² | 1 · 630 m² | 8.2 m · 2 fl. |
| 63079D0361/00T003 | Wallonia | 307 m² | 1 · 77 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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eScienceQPS
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Dergonomics
BE 0780.597.897
Mol · Eq €112k
Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,548 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded04-01-2019
Fiscal year end31-12
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.