Wapimmo
ActiveSummary
Wapimmo has been active since 1944 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €561,678 and a net result of €42,032. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 73.18; short-term debt: 1.2% and cash: 21.4% of total assets), and 2.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more 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
97.7%
Return on assets
7.3%
Age of the figures
15 mo
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 10-12-2025, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
24 d early
2023
12 d late
2022
43 d early
2021
63 d early
2020
46 d early
2019
60 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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. Usually files around 19 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 oldest company in Hainaut, Food products sector#6 company by equity in Frasnes-lez-Anvaing, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42,032▼ 5.6%
2024 · €44,523
Working capital
€512,088
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,450▲ 2.0%€22,404▼ 0.2%€27,307▲ 21.9%€26,155▼ 4.2%€30,091▲ 15.0%
Net result€38,849above the sector's middle half▲ 7.2%€40,990above the sector's middle half▲ 5.5%€45,489within the sector's middle half▲ 11.0%€44,523within the sector's middle half▼ 2.1%€42,032within the sector's middle half▼ 5.6%
Equity€388,644above the sector's middle half▲ 11.1%€429,634above the sector's middle half▲ 10.5%€475,123within the sector's middle half▲ 10.6%€519,646within the sector's middle half▲ 9.4%€561,678within the sector's middle half▲ 8.1%
Total assets€388,644above the sector's middle half▲ 9.9%€429,634above the sector's middle half▲ 10.5%€481,027below the sector's middle half▲ 12.0%€525,673below the sector's middle half▲ 9.3%€575,030below the sector's middle half▲ 9.4%
Debt€0▼ 100%€5,904€6,027▲ 2.1%€13,352▲ 122%
Working capital€512,088within the sector's middle half
Solvency100.0%above the sector's middle half▲ 1.1pp100.0%above the sector's middle half=98.8%above the sector's middle half▼ 1.2pp98.9%above the sector's middle half▲ 0.1pp97.7%above the sector's middle half▼ 1.2pp
Current ratio73.18above the sector's middle half
Return on assets (ROA)10.0%within the sector's middle half▼ 0.2pp9.5%within the sector's middle half▼ 0.5pp9.5%within the sector's middle half▼ 0.1pp8.5%within the sector's middle half▼ 1.0pp7.3%within the sector's middle half▼ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €575,030
Fixed assets
€55,847 ▼ 6.8%
Current assets
€519,183 ▲ 11.5%
Equity and liabilities €575,030
Equity
€561,678 ▲ 8.1%
Debt
€13,352 ▲ 122%
Debt's share of the balance-sheet total rises from 1.1% to 2.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34,164▲
2024 · €30,227
Cash flow
€46,104▼
2024 · €48,596
Debt to equity
0.02▲
2024 · 0.01
ROE
7.5%▼
2024 · 8.6%
Interest coverage
53.06▼
2024 · 57.27
Debt ≤ 1 year
€7,095
Income taxes
€5,416
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% 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 20,134 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,072 | €4,072 | €4,072 | €4,072 | €4,072 | = |
| Other operating charges640/8 | - | €1,030 | €429 | €2,889 | €1,238 | ▼ 57.1% |
| Gross operating margin9900 | €26,924 | €27,506 | €31,809 | €33,116 | €35,402 | ▲ 6.9% |
| Operating profit (loss)9901 | €22,450 | €22,404 | €27,307 | €26,155 | €30,091 | ▲ 15.0% |
| Financial income75/76B | - | €18,840 | €18,549 | €18,896 | €18,000 | ▼ 4.7% |
| Recurring financial income75 | €16,473 | €18,840 | €18,549 | €18,896 | €18,000 | ▼ 4.7% |
| Financial charges65/66B | - | €254 | €367 | €528 | €644 | ▲ 22.0% |
| Recurring financial charges65 | €74 | €254 | €367 | €528 | €644 | ▲ 22.0% |
| Profit (loss) for the period before taxes9903 | €38,849 | €40,990 | €45,489 | €44,523 | €47,447 | ▲ 6.6% |
| Income taxes67/77 | - | - | - | - | €5,416 | - |
| Profit (loss) for the period9904 | €38,849 | €40,990 | €45,489 | €44,523 | €42,032 | ▼ 5.6% |
| Profit (loss) for the period to be appropriated9905 | €38,849 | €40,990 | €45,489 | €44,523 | €42,032 | ▼ 5.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €388,644 | €429,634 | €481,027 | €525,673 | €575,030 | ▲ 9.4% |
| Fixed assets21/28 | €72,137 | €68,064 | €63,992 | €59,919 | €55,847 | ▼ 6.8% |
| Tangible fixed assets22/27 | €72,137 | €68,064 | €63,992 | €59,919 | €55,847 | ▼ 6.8% |
| Land and buildings22 | - | €68,064 | €63,992 | €59,919 | €55,847 | ▼ 6.8% |
| Current assets29/58 | €316,507 | €361,570 | €417,035 | €465,753 | €519,183 | ▲ 11.5% |
| Amounts receivable after more than one year29 | - | €336,000 | €0 | - | - | - |
| Other amounts receivable291 | - | €336,000 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €85,050 | €24,721 | €403,797 | €424,148 | €379,396 | ▼ 10.6% |
| Trade receivables40 | - | €24,693 | €43,775 | €24,106 | €27,810 | ▲ 15.4% |
| Other amounts receivable41 | - | €28 | €360,022 | €400,042 | €351,586 | ▼ 12.1% |
| Cash at bank and in hand54/58 | €1,457 | €849 | €4,769 | €15,110 | €122,987 | ▲ 714% |
| Deferred charges and accrued income490/1 | - | - | €8,469 | €26,495 | €16,800 | ▼ 36.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €388,644 | €429,634 | €481,027 | €525,673 | €575,030 | ▲ 9.4% |
| Equity10/15 | €388,644 | €429,634 | €475,123 | €519,646 | €561,678 | ▲ 8.1% |
| Contributions10/11 | €65,603 | €91,201 | €91,201 | €91,201 | €91,201 | = |
| Capital10 | - | €65,603 | €65,603 | €65,603 | €65,603 | = |
| Issued capital100 | - | €65,603 | €65,603 | €65,603 | €65,603 | = |
| Outside capital11 | - | €25,598 | €25,598 | €25,598 | €25,598 | = |
| Share premium1100/10 | - | €25,598 | €25,598 | €25,598 | €25,598 | = |
| Reserves13 | €297,443 | €338,433 | €383,922 | €428,445 | €470,477 | ▲ 9.8% |
| Non-distributable reserves130/1 | - | €6,560 | €6,560 | €6,560 | €6,560 | = |
| Legal reserve130 | - | €6,560 | €6,560 | €6,560 | €6,560 | = |
| Distributable reserves133 | - | €331,873 | €377,362 | €421,885 | €463,917 | ▲ 10.0% |
| Amounts payable17/49 | €0 | - | €5,904 | €6,027 | €13,352 | ▲ 122% |
| Amounts payable within one year42/48 | - | - | - | - | €7,095 | - |
| Trade debts44 | - | - | - | - | €95 | - |
| Suppliers440/4 | - | - | - | - | €95 | - |
| Other amounts payable47/48 | - | - | - | - | €7,000 | - |
| Accrued charges and deferred income492/3 | - | - | €5,904 | €6,027 | €6,257 | ▲ 3.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,849 | €40,990 | €45,489 | €44,523 | €42,032 | ▼ 5.6% |
| + Depreciation and write-downs630 | €4,072 | €4,072 | €4,072 | €4,072 | €4,072 | = |
| Operating cash flow (approximation) | €42,921 | €45,063 | €49,561 | €48,596 | €46,104 | ▼ 5.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€608 | €3,920 | €10,341 | €107,877 | ▲ 943% |
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
20-07
State Gazette act
Statutes amendmentPower of attorney2 facts ▸
State Gazette act
Statutes amendment
Power of attorney2 facts ▸
- General meeting, 25-06-2026
- Power of attorney, Vincent COLIN
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Equity above €500,000Eq €519,646 ▲9.4%
6 profitable years in a row build equity to €519,646.
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
30-06
Financial
Highest result since 2019net €45,489 ▲11%
Net result €45,489, the highest in the series.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
16-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Frasnes-lez-Anvaing · 1 establishment unit since 1944
Ground area
7,652 m²
Building footprint
358 m²
Volume, LiDAR
3,105 m³
Parcel 51029B0140/00M000, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Leuze(HA) 1, 7911 Frasnes-lez-Anvaing
since 19442.006.380.860
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51029B0140/00M000 | Wallonia | 7,652 m² | 1 · 358 m² | 11.9 m · 3 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.
Articles of association
Financial year
From 1 January to 31 December
Annual meeting
Second Saturday of June at 15:00
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Of 122 companies in this sector we hold annual accounts for 75. 58 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded16-09-1944
Fiscal year end30-06
Activities, NACEBEL 2025
10610Manufacture of food products
46216Wholesale of agricultural produce and animal feed, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0401253267
Also
9925:BE0401253267
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.