WAPI-IMMO
ActiveSummary
WAPI-IMMO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,275 and a net result of €72,275. Its solvency ranks better than 75% of 16,933 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €75,275
- Profit
- €72,275
Why 98raises riskFounded in 2024lowers riskLiquidity: current ratio 2.61, cash €88,516Sector: Real estate activities (NACE 68)Equity €75,275 (64.5% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro): better than 74% on solvency, 88% on liquidity and 95% on profitability.
The bankruptcy probability was computed on 18-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: LOUIS Julien (director) ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,717 |
| Other operating charges640/8 | €85 |
| Gross operating margin9900 | €98,600 |
| Operating profit (loss)9901 | €96,798 |
| Financial income75/76B | €1,235 |
| Recurring financial income75 | €1,235 |
| Financial charges65/66B | €78 |
| Recurring financial charges65 | €78 |
| Profit (loss) for the period before taxes9903 | €97,955 |
| Income taxes67/77 | €25,680 |
| Profit (loss) for the period9904 | €72,275 |
| Profit (loss) for the period to be appropriated9905 | €72,275 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €116,731 | |
| Fixed assets21/28 | €8,583 | |
| Tangible fixed assets22/27 | €8,583 | |
| Furniture and vehicles24 | €8,583 | |
| Current assets29/58 | €108,148 | |
| Amounts receivable within one year40/41 | €19,332 | |
| Trade receivables40 | €11,314 | |
| Other amounts receivable41 | €8,018 | |
| Cash at bank and in hand54/58 | €88,516 | |
| Deferred charges and accrued income490/1 | €300 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €116,731 | |
| Equity10/15 | €75,275 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | €72,275 | |
| Amounts payable17/49 | €41,456 | |
| Amounts payable within one year42/48 | €41,456 | |
| Trade debts44 | €10,092 | |
| Suppliers440/4 | €10,092 | |
| Taxes, remuneration and social security45 | €31,364 | |
| Taxes450/3 | €31,364 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €72,275 |
| + Depreciation and write-downs630 | €1,717 |
| Operating cash flow (approximation) | €73,992 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 11-06-2026 | 2026-00152348 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
05-07
Gazette deed
IncorporationAppointment: LOUIS Julien (director) · Permanent representative: LOUIS Julien · Founder12 facts ▸
- Incorporation, 03-07-2024
- Founder, LOUIS Julien Robert Michel Ghislain
- Founding capital, €3,000
- Bank account, “compte spécial ouvert au nom de la société en formation”, EUR (deed in French)
- Other provision, “frais,dépenses,rémunérations et charges sous quelque forme que ce soit,incombant à la société ou mis à sa charge en raison de sa constitution, frais de constitu…” (deed in French)
- Capital
- Director appointment, LOUIS Julien (director (not named in the articles))
- Other provision, “absence de faillite avec interdiction de gérer, déclare n'avoir fait l'objet d'une procédure de faillite avec interdiction de gérer prononcée” (deed in French)
- Declaration, 02-07-2024
- Permanent representative, LOUIS Julien (représentant permanent de la société)
- Registered office clause, “7532 Tournai (Béclers),rue de Liberchies,229/C, dépôt de l'extrait au greffe” (deed in French)
- Pre-incorporation commitments, “takeover, engagements souscrits au nom de la société en formation” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1011.122.258
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57007B0258/00F000 | Wallonia | 1,756 m² | 1 · 136 m² | 6.8 m · 2 |
| 57007B0260/00F002 | Wallonia | 739 m² | 1 · 112 m² | 8.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes activités d'intermédiaire commercial se rapportant directement ou indirectement au secteur de la construction; Toutes opérations…” (deed in French)
3 activities (deed in French)
- Toutes activités d'intermédiaire commercial se rapportant directement ou indirectement au secteur de la construction ;
- Toutes opérations immobilières, notamment la gestion, l'achat, la vente, l'échange, la location, l'exploitation, le lotissement, la promotion, la construction, l'aménagement, l'entretien et la transformation de tous biens immeubles bâtis ou non, meublés ou non meublés.
- L'entreprise générale de bâtiment, éventuellement par coordination de sous-traitance et comprenant ainsi notamment la construction, la fabrication, l'entreprise, l'achat, la vente ou la location de tout ce qui concerne directement ou indirectement le bâtiment, ainsi que le parachèvement de bâtiments, comprenant notamment les travaux de construction et de fondation, démolition, de terrassement, déblayage des chantiers, de rénovation de toitures, d’isolation, de couverture, pose de chape, de finition, de vitrerie, d’électricité, les couvertes métalliques et non métalliques, la maçonnerie, la charpenterie, la menuiserie intérieurs et extérieure, le montage de porte de garage, de volets, de serres, de vérandas, l'ébénisterie, le plafonnage, le carrelage et le cimentage, l'échafaudage, le rejointoyage et le nettoyage de façades, l'étanchéité, la tapisserie et la peinture, la pose de revêtements de murs et de sols, les installations sanitaires, de chauffage, conditionnement de l'air et la plomberie zinguerie, la fourniture et la pose de cuisines équipées et de plaques de gyproc et de manière générale tout ce qui se rapporte à la construction du bâtiment.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WAPI-IMMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d'administration” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “L'assemblée qui nomme fixe leur nombre,la durée de leur mandat et,en cas de pluralité,leurs pouvoirs, un ou plusieurs…” (deed in French)“Rémunération administrateur, rémunéré ou gratuit” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, Les titulaires peuvent prendre connaissance de ce registre relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Seront modalisées et organisées,le cas échéant,préalablement à l’arrivée de nouveaux actionnaires et de modifications de l’actionnariat…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Plus étendus conférés par articles 2:87 et suivants CSA, si plusieurs liquidateurs ils forment un collège” (deed in French)