WALUTION
ActiveSummary
WALUTION has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.39M and a net result of €34k. Equity is growing by ~36.8% per year across the filed fiscal years. Its solvency ranks better than 91% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▲+13
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 3.01 in 2024; short-term debt: 3.4% and cash: 1.2% of total assets), and 7.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
92.4%
Return on assets
2.3%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
17 d early
2023
26 d early
2022
1 d early
2021
10 d early
2020
20 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.39M▲ 0.9%
2024 · €1.38M
2019: €287klowest in 7 years
2020: €291k▲ +1.3% vs 2019
2021: €341k▲ +17.2% vs 2020
2022: €363k▲ +6.6% vs 2021
2023: €1.41M▲ +288% vs 2022highest in 7 years
2024: €1.38M▼ -1.9% vs 2023
2025: €1.39M▲ +0.9% vs 2024
2019 → 2025
Total assets
€1.51M▼ 0.3%
2024 · €1.51M
2019: €333klowest in 7 years
2020: €335k▲ +0.8% vs 2019
2021: €368k▲ +9.6% vs 2020
2022: €374k▲ +1.7% vs 2021
2023: €1.54M▲ +312% vs 2022highest in 7 years
2024: €1.51M▼ -1.8% vs 2023
2025: €1.51M▼ -0.3% vs 2024
2019 → 2025
Net result
€34k▲ 36.5%
2024 · €25k
2019: €26k
2020: €4k▼ -85.4% vs 2019lowest in 7 years
2021: €50k▲ +1206% vs 2020
2022: €41k▼ -17.7% vs 2021
2023: €1.10M▲ +2569% vs 2022highest in 7 years
2024: €25k▼ -97.7% vs 2023
2025: €34k▲ +36.5% vs 2024
2019 → 2025
Working capital
€88k▼ 7.7%
2024 · €96k
2019: €41k
2020: €45k▲ +11.0% vs 2019
2021: €101k▲ +123% vs 2020
2022: €129k▲ +27.8% vs 2021highest in 7 years
2023: €37k▼ -71.2% vs 2022lowest in 7 years
2024: €96k▲ +157% vs 2023
2025: €88k▼ -7.7% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€341k-€363k▲ 6.6%€1.41M▲ 288%€1.38M▼ 1.9%€1.39M▲ 0.9%
2021: €341klowest in 5 years
2022: €363k▲ +6.6% vs 2021
2023: €1.41M▲ +288% vs 2022highest in 5 years
2024: €1.38M▼ -1.9% vs 2023
2025: €1.39M▲ +0.9% vs 2024
Operating result€77k-€98k▲ 28.5%€102k▲ 4.0%€59k▼ 42.6%€64k▲ 9.0%
2021: €77k
2022: €98k▲ +28.5% vs 2021
2023: €102k▲ +4.0% vs 2022highest in 5 years
2024: €59k▼ -42.6% vs 2023lowest in 5 years
2025: €64k▲ +9.0% vs 2024
Net result€50k-€41k▼ 17.7%€1.10M▲ 2,569%€25k▼ 97.7%€34k▲ 36.5%
2021: €50k
2022: €41k▼ -17.7% vs 2021
2023: €1.10M▲ +2569% vs 2022highest in 5 years
2024: €25k▼ -97.7% vs 2023lowest in 5 years
2025: €34k▲ +36.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.51M
Fixed assets
€1.37M ▼ 0.1%
Current assets
€139k ▼ 2.9%
Equity and liabilities €1.51M
Equity
€1.39M ▲ 0.9%
Debt
€114k ▼ 13.2%
Debt's share of the balance-sheet total falls from 8.7% to 7.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €59k
Cash flow
€35k▲
2024 · €26k
Current ratio
2.74▼
2024 · 3.01
Debt to equity
0.08▼
2024 · 0.10
ROE
2.5%▲
2024 · 1.8%
ROA
2.3%▲
2024 · 1.7%
Interest coverage
4.51▲
2024 · 3.08
Debt ≤ 1 year
€51k▲
2024 · €47k
Debt > 1 year
€63k▼
2024 · €84k
Income taxes
€20k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.51M€1.51M▼
Fixed assets21/28€1.37M€1.37M▼
Tangible fixed assets22/27€1k€485▼
Land and buildings22€158-
Furniture and vehicles24€1k€485▼
Financial fixed assets28€1.37M€1.37M=
Current assets29/58€143k€139k▼
Amounts receivable within one year40/41€47k€36k▼
Trade receivables40€30k€30k=
Other amounts receivable41€16k€6k▼
Current investments50/53€95k€83k▼
Cash at bank and in hand54/58€513€19k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.51M€1.51M▼
Equity10/15€1.38M€1.39M▲
Contributions10/11€19k€19k=
Reserves13€1.36M€1.38M▲
Tax-exempt reserves132€26k€26k=
Distributable reserves133€1.34M€1.35M▲
Amounts payable17/49€131k€114k▼
Amounts payable after more than one year17€84k€63k▼
Financial debts170/4€84k€63k▼
Amounts payable within one year42/48€47k€51k▲
Current portion of amounts payable after more than one year42€20k€21k▲
Financial debts43€8k€8k▼
Credit institutions430/8€8k€8k▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€7k€7k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€5k€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€746€746=
Other operating charges640/8€933€880▼
Gross operating margin9900€60k€66k▲
Operating profit (loss)9901€59k€64k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€19k€14k▼
Recurring financial charges65€19k€14k▼
Profit (loss) for the period before taxes9903€43k€54k▲
Income taxes67/77€18k€20k▲
Profit (loss) for the period9904€25k€34k▲
Profit (loss) for the period to be appropriated9905€25k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€34k▲
Transfer from equity791/2€51k€22k▼
Transfer to equity691/2€25k€34k▲
To other reserves6921€25k€34k▲
Profit to be distributed694/7€51k€22k▼
Return on contributions (dividend)694€51k€22k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €1k | €746 | €746 | = |
| Other operating charges640/8 | - | €1k | €1k | €933 | €880 | ▼ 5.7% |
| Gross operating margin9900 | €83k | €105k | €105k | €60k | €66k | ▲ 8.7% |
| Operating profit (loss)9901 | €77k | €98k | €102k | €59k | €64k | ▲ 9.0% |
| Financial income75/76B | - | €2k | €1.14M | €3k | €4k | ▲ 23.4% |
| Recurring financial income75 | €489 | €2k | €1.14M | €3k | €4k | ▲ 23.4% |
| Financial charges65/66B | - | €29k | €5k | €19k | €14k | ▼ 25.6% |
| Recurring financial charges65 | €-466 | €29k | €5k | €19k | €14k | ▼ 25.6% |
| Profit (loss) for the period before taxes9903 | €78k | €71k | €1.24M | €43k | €54k | ▲ 25.8% |
| Income taxes67/77 | €27k | €30k | €138k | €18k | €20k | ▲ 10.7% |
| Profit (loss) for the period9904 | €50k | €41k | €1.10M | €25k | €34k | ▲ 36.5% |
| Profit (loss) for the period to be appropriated9905 | €62k | €41k | €1.10M | €25k | €34k | ▲ 36.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €368k | €374k | €1.54M | €1.51M | €1.51M | ▼ 0.3% |
| Fixed assets21/28 | €240k | €234k | €1.37M | €1.37M | €1.37M | ▼ 0.1% |
| Tangible fixed assets22/27 | €7k | €2k | €2k | €1k | €485 | ▼ 60.6% |
| Land and buildings22 | - | €1k | €315 | €158 | - | - |
| Furniture and vehicles24 | - | - | €2k | €1k | €485 | ▼ 54.8% |
| Leasing and similar rights25 | - | €372 | - | - | - | - |
| Financial fixed assets28 | €233k | €233k | €1.37M | €1.37M | €1.37M | = |
| Current assets29/58 | €128k | €140k | €170k | €143k | €139k | ▼ 2.9% |
| Amounts receivable within one year40/41 | €51k | €27k | €24k | €47k | €36k | ▼ 22.7% |
| Trade receivables40 | - | €13k | €15k | €30k | €30k | = |
| Other amounts receivable41 | - | €14k | €9k | €16k | €6k | ▼ 65.7% |
| Current investments50/53 | €66k | €59k | €111k | €95k | €83k | ▼ 12.3% |
| Cash at bank and in hand54/58 | €8k | €49k | €31k | €513 | €19k | ▲ 3,531% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €1k | €1k | ▼ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €368k | €374k | €1.54M | €1.51M | €1.51M | ▼ 0.3% |
| Equity10/15 | €341k | €363k | €1.41M | €1.38M | €1.39M | ▲ 0.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €322k | €345k | €1.39M | €1.36M | €1.38M | ▲ 0.9% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Tax-exempt reserves132 | - | €26k | €26k | €26k | €26k | = |
| Distributable reserves133 | - | €317k | €1.36M | €1.34M | €1.35M | ▲ 0.9% |
| Amounts payable17/49 | €27k | €11k | €132k | €131k | €114k | ▼ 13.2% |
| Amounts payable after more than one year17 | - | - | - | €84k | €63k | ▼ 24.6% |
| Financial debts170/4 | - | - | - | €84k | €63k | ▼ 24.6% |
| Amounts payable within one year42/48 | €27k | €11k | €132k | €47k | €51k | ▲ 6.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20k | €21k | ▲ 4.3% |
| Financial debts43 | - | - | €7k | €8k | €8k | ▼ 0.4% |
| Credit institutions430/8 | - | - | €7k | €8k | €8k | ▼ 0.4% |
| Trade debts44 | €711 | €5k | €3k | €5k | €2k | ▼ 61.7% |
| Suppliers440/4 | - | €5k | €3k | €5k | €2k | ▼ 61.7% |
| Taxes, remuneration and social security45 | - | €6k | €114k | €9k | €7k | ▼ 18.7% |
| Taxes450/3 | - | €6k | €114k | €7k | €7k | ▲ 5.7% |
| Remuneration and social security454/9 | - | - | - | €2k | - | - |
| Other amounts payable47/48 | - | - | €9k | €5k | €12k | ▲ 136% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €41k | €1.10M | €25k | €34k | ▲ 36.5% |
| + Depreciation and write-downs630 | €6k | €6k | €1k | €746 | €746 | = |
| Operating cash flow (approximation) | €56k | €47k | €1.10M | €26k | €35k | ▲ 35.4% |
| Investment in fixed assets (approximation) | - | €0 | €-1.14M | €0 | €0 | - |
| Change in cash | - | €41k | €-19k | €-30k | €18k | ▲ 160% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.28 to 3.01; short-term debt falls from €132k to €47k.
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €1.10M ▲2,569%
Operating result €102k, net result €1.10M, both a record.
30-06
Financial
Equity above €1MEq €1.41M ▲288%
5 profitable years in a row build equity to €1.41M.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity triplescurrent ratio 13.28
Current ratio from 4.80 to 13.28; short-term debt falls from €27k to €11k.
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity doublescurrent ratio 4.80
Current ratio from 2.02 to 4.80; short-term debt falls from €45k to €27k.
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €4k ▼85.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
Show earlier events
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State 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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Directors · office · real estate
Directors
2 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, Sint-Niklaas · 1 establishment unit since 2011
Ground area
494 m²
Building footprint
94 m²
Volume, LiDAR
627 m³
Parcel 46021A0165/00F002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Equate
since 20112.195.669.036
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0165/00F002 | Flanders | 494 m² | 1 · 94 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 subsidiaryWALUTIONBE 0833.065.791
controls
Where this company holds controlsubsidiary per the LEI register1
Sint-Niklaas
Recognitions · licences · registrations
Legal Entity Identifier
254900NZI56RSMCLYF02
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 24,197 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2011
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
Scores and ratios are computed by Checked and are not a credit decision.