WALWIND
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 02-07-2026 at the NBB all 8 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €5,501, larger than the loss of €5,015 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | - | €610,000 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €3,000 | €3,000 | €3,000 | €3,630 | €3,933 |
| Other work by the auditor | - | - | €1,250 | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Companies with the same profile, two years later
Historical observationIn July 2024, 175 companies had the same profile as WALWIND has now. Two years later, 0.0% had gone bankrupt and 95.4% were still going.
- Medium-sized
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of WALWIND itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 175 companies, not a prediction for WALWIND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | - | €0.001m | - | - |
| Other operating income74 | - | - | - | - | - | - | €0.001m | - | - |
| Operating charges60/66A | - | - | - | €0.006m | €0.007m | €0.007m | €0.006m | €0.006m | ▼ 6.0% |
| Services and other goods61 | - | - | - | €0.006m | €0.007m | €0.007m | €0.006m | €0.006m | ▼ 6.0% |
| Other operating charges640/8 | - | - | - | - | €0 | - | - | - | - |
| Operating profit (loss)9901 | -€0.004m | -€0.006m | -€0.01m | -€0.006m | -€0.007m | -€0.007m | -€0.005m | -€0.006m | ▼ 9.7% |
| Financial income75/76B | - | - | - | €0.6m | €0.1m | €1.2m | €0.3m | €0.2m | ▼ 15.0% |
| Recurring financial income75 | - | - | €2.1m | €0.6m | €0.1m | €1.2m | €0.3m | €0.2m | ▼ 15.0% |
| Income from financial fixed assets750 | - | - | - | €0.5m | - | €0.9m | - | - | - |
| Income from current assets751 | - | - | - | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | ▼ 15.0% |
| Financial charges65/66B | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 12.5% |
| Recurring financial charges65 | €85 | - | €0.02m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 12.5% |
| Debt charges650 | €0 | - | €0.02m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 12.5% |
| Other financial charges652/9 | - | - | - | €121 | €121 | €486 | €396 | €396 | = |
| Profit (loss) for the period before taxes9903 | -€0.004m | -€0.006m | €2.1m | €0.5m | €0.004m | €1.0m | €0.02m | €0.01m | ▼ 45.9% |
| Income taxes67/77 | - | - | - | - | - | €0 | €0.004m | €0.003m | ▼ 8.2% |
| Taxes670/3 | - | - | - | - | - | €0 | €0.004m | €0.003m | ▼ 8.2% |
| Profit (loss) for the period9904 | -€0.004m | -€0.006m | €2.1m | €0.5m | €0.004m | €1.0m | €0.02m | €0.009m | ▼ 52.9% |
| Profit (loss) for the period to be appropriated9905 | -€0.004m | -€0.006m | €2.1m | €0.5m | €0.004m | €1.0m | €0.02m | €0.009m | ▼ 52.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.0m | €3.0m | €7.5m | €6.2m | €7.3m | €5.9m | €6.2m | €6.4m | ▲ 3.4% |
| Fixed assets21/28 | €2.9m | €2.9m | €1.2m | €1.2m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Financial fixed assets28 | €2.9m | €2.9m | €1.2m | €1.2m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Affiliated companies280/1 | - | - | - | €1.2m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Participating interests280 | - | - | - | €1.2m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Current assets29/58 | €0.1m | €0.1m | €6.3m | €5.0m | €5.5m | €4.1m | €4.4m | €4.6m | ▲ 4.8% |
| Amounts receivable after more than one year29 | - | - | - | €4.0m | €3.6m | €3.3m | €3.8m | €4.1m | ▲ 6.5% |
| Other amounts receivable291 | - | - | - | €4.0m | €3.6m | €3.3m | €3.8m | €4.1m | ▲ 6.5% |
| Amounts receivable within one year40/41 | - | - | €0.4m | €0.7m | €1.0m | €0.5m | €0.4m | €0.3m | ▼ 9.6% |
| Other amounts receivable41 | - | - | - | €0.7m | €1.0m | €0.5m | €0.4m | €0.3m | ▼ 9.6% |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €1.7m | €0.3m | €0.7m | €0.2m | €0.2m | €0.2m | ▼ 2.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.05m | €0.2m | €0.1m | €410 | €302 | ▼ 26.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.0m | €3.0m | €7.5m | €6.2m | €7.3m | €5.9m | €6.2m | €6.4m | ▲ 3.4% |
| Equity10/15 | €3.0m | €3.0m | €1.5m | €1.9m | €2.1m | €2.3m | €2.3m | €2.3m | ▲ 0.4% |
| Contributions10/11 | €3.0m | €3.0m | €1.4m | €1.4m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Capital10 | - | - | - | €1.4m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Issued capital100 | - | - | - | €1.4m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 0.3% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 0.3% |
| Legal reserve130 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 0.3% |
| Profit (loss) carried forward14 | -€0.004m | -€0.01m | €0.001m | €0.4m | €0.003m | €0.2m | €0.2m | €0.2m | ▲ 4.6% |
| Amounts payable17/49 | - | €0.003m | €6.0m | €4.3m | €5.2m | €3.6m | €3.9m | €4.1m | ▲ 5.2% |
| Amounts payable after more than one year17 | - | - | €4.3m | €4.0m | €3.6m | €3.3m | €3.5m | €3.7m | ▲ 6.6% |
| Financial debts170/4 | - | - | - | €4.0m | €3.6m | €3.3m | €3.5m | €3.7m | ▲ 6.6% |
| Other loans174 | - | - | - | €4.0m | €3.6m | €3.3m | €3.5m | €3.7m | ▲ 6.6% |
| Amounts payable within one year42/48 | - | €0.003m | €1.8m | €0.3m | €1.6m | €0.4m | €0.4m | €0.3m | ▼ 8.4% |
| Financial debts43 | - | - | - | €0.3m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 8.9% |
| Other loans439 | - | - | - | €0.3m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 8.9% |
| Trade debts44 | - | €0.003m | €0.003m | €0.004m | €0.004m | €0.004m | €0.004m | €0.005m | ▲ 25.4% |
| Suppliers440/4 | - | - | - | - | €0.004m | €0.004m | €0.004m | €0.005m | ▲ 25.4% |
| Bills of exchange payable441 | - | - | - | €0.004m | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.003m | €0.003m | ▲ 0.1% |
| Taxes450/3 | - | - | - | - | - | - | €0.003m | €0.003m | ▲ 0.1% |
| Other amounts payable47/48 | - | - | - | - | €1.0m | - | €0.001m | €0.001m | ▲ 33.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.05m | €0.001m | - | €91 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.004m | -€0.006m | €2.1m | €0.5m | €0.004m | €1.0m | €0.02m | €0.009m | ▼ 52.9% |
| Operating cash flow (approximation) | -€0.004m | -€0.006m | €2.1m | €0.5m | €0.004m | €1.0m | €0.02m | €0.009m | ▼ 52.9% |
| Investment in fixed assets (approximation) | - | €0 | €1.6m | €0 | -€0.6m | €0 | €0 | €0 | - |
| Change in cash | - | -€0.004m | €1.5m | -€1.4m | €0.4m | -€0.5m | €0.001m | -€0.004m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 02-07-2026 | 2026-00265355 | NBB |
| 31-12-2024 | full format | 20-06-2025 | 2025-00166280 | |
| 31-12-2023 | full format | 20-06-2024 | 2024-00155024 | |
| 31-12-2022 | full format | 19-06-2023 | 2023-00145750 | |
| 31-12-2021 | full format | 23-06-2022 | 2022-20097277 | |
| 31-12-2020 | full format | 28-05-2021 | 2021-15900205 | |
| 31-12-2019 | full format | 02-06-2020 | 2020-14200310 | |
| 31-12-2018 | full format | 14-06-2019 | 2019-18700494 |