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WALVERT METTET

Active
Private limited companyfounded 20214 years activeRue Odon Godart 8, 6240 Farciennes, BelgiumKBO/BCE: BE 0779.520.605
Summary

The computed 12-month bankruptcy probability of WALVERT METTET is 6.0% (elevated). The annual accounts of WALVERT METTET for fiscal year 2024 show a net loss of 75% of the equity at the start of that year. The 2024 annual accounts show equity of €692,504 and a net result of -€1.1m. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 22% of 358 sector peers (NACE 35, fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Production of electricity from non-renewable sources
NACE 35110
#9 company by total assets in Farciennes1 site
Size
€10.5mtotal assets 2024
Equity
€692,504
Loss
-€1.1m
Financial health
33 Weak Checked score 2024
Bankruptcy probability, 12 months
6.0%
Structure
Accounts 68 days overdue1 of 4 deeds read
Why 33- Liquidity: current ratio 0.85, cash €2,359, halved- Figures for FY 2024 (filed 04-08-2025)- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 4 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 13% of its sector peers (NACE 35, medium-sized)
Financial strength · tick = 2023
Weak
Solvency 32-9
equity 6.6% of total assets
Liquidity 36-15
short-term debt 32.0% · cash 0.0%
Profitability 6-9
return on assets -10.6%
Bankruptcy probability, 12 months
6.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (105 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024lowest value 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%▲ +0.3 percentage points vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.1 percentage points vs 07-2025 09-2025: 2.5%▲ +1.0 percentage point vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 1.7%▼ -0.8 percentage points vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 2.6%▲ +0.9 percentage points vs 02-2026 04-2026: 2.6%● unchanged vs 03-2026 05-2026: 2.8%▲ +0.2 percentage points vs 04-2026 06-2026: 3.0%▲ +0.2 percentage points vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 3.1%▲ +0.1 percentage points vs 07-2026 09-2026: 3.7%▲ +0.6 percentage points vs 08-2026 10-2026: 6.0%▲ +2.3 percentage points vs 09-2026highest value
Credit up to €22,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.85 against 4.41 in 2023; short-term debt: 32% and cash: 0% of total assets), and 93.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, medium-sized): better than 20% on solvency, 16% on liquidity, 5% on profitability and 9% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
+raises risk○neutral
raises risk · Liquidity: current ratio 0.85, cash €2,359, halved
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 04-08-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 4 days late; 1 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
222324
2022 to 2024 · latest year -€1.1m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 358 sector peers (2024).
NBB · sector comparison
Position among 358 sector peers
Solvency
better than 22%
← 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 04-08-2025, 4 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
4 days late
2023
37 days late
2022
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · full…
  3. Weakest financial yearnet -€1.1m

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€1.1m View
  • Caution: Result fell in 2024from -€283,060 to -€1.1m ▼ 293% View
  • Caution: Among the weakest 5% on net resultsector median €105,334 · 356 companies -€1.1m View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€10.5m
Loss
-€1.1m
Solvency
6.6%
Total assets▲ 17.8%
Net result
20222024
Go to Financials

Timeline

Events
7
Since
2023
  1. 06-09-2024Annual accounts filed
  2. 31-12-2023Liquidity times 5
  3. 31-12-2023Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Production of electricity from non-renewable sourcesNACE 35110
Founded
30-12-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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