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Wapimmo

Active
Public limited companyfounded 1944active for 82 yearsChaussée de Leuze(HA) 1, 7911 Frasnes-lez-Anvaing, BelgiumKBO/BCE: BE 0401.253.267
Summary

Wapimmo has been active since 1944 and the Belgian Official 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 about 9.8% per year across the filed financial years. Its solvency ranks better than 95% of 784 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

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

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 15% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€30,091 2025 Net result€42,032 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 10, Manufacture of food products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€20,687-€22,019▲ 6.4%€22,450▲ 2.0%€22,404▼ 0.2%€27,307▲ 21.9%€26,155▼ 4.2%€30,091▲ 15.0%
Net result€31,078-€36,244above the sector's middle half▲ 16.6%€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€313,551-€349,795above the sector's middle half▲ 11.6%€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€317,551-€353,795within the sector's middle half▲ 11.4%€388,644within 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€4,000-€4,000=€0▼ 100%€5,904€6,027▲ 2.1%€13,352▲ 122%
Working capital€512,088within the sector's middle half
Solvency98.7%-98.9%above the sector's middle half▲ 0.1pp100.0%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)9.8%-10.2%within the sector's middle half▲ 0.5pp10.0%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 of NACE 10, Manufacture of food products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
2025 value · change against 2024
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 observation

Of the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% 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
95.0% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 20,139 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€525,673€575,030▲
Fixed assets21/28€59,919€55,847▼
Tangible fixed assets22/27€59,919€55,847▼
Land and buildings22€59,919€55,847▼
Current assets29/58€465,753€519,183▲
Amounts receivable within one year40/41€424,148€379,396▼
Trade receivables40€24,106€27,810▲
Other amounts receivable41€400,042€351,586▼
Cash at bank and in hand54/58€15,110€122,987▲
Deferred charges and accrued income490/1€26,495€16,800▼
Equity and liabilities
Total equity and liabilities10/49€525,673€575,030▲
Equity10/15€519,646€561,678▲
Contributions10/11€91,201€91,201=
Capital10€65,603€65,603=
Issued capital100€65,603€65,603=
Contributions outside capital11€25,598€25,598=
Share premium1100/10€25,598€25,598=
Reserves13€428,445€470,477▲
Non-distributable reserves130/1€6,560€6,560=
Legal reserve130€6,560€6,560=
Distributable reserves133€421,885€463,917▲
Amounts payable17/49€6,027€13,352▲
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€6,027€6,257▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,072€4,072=
Other operating charges640/8€2,889€1,238▼
Gross operating margin9900€33,116€35,402▲
Operating profit (loss)9901€26,155€30,091▲
Financial income75/76B€18,896€18,000▼
Recurring financial income75€18,896€18,000▼
Financial charges65/66B€528€644▲
Recurring financial charges65€528€644▲
Profit (loss) for the period before taxes9903€44,523€47,447▲
Income taxes67/77-€5,416
Profit (loss) for the period9904€44,523€42,032▼
Profit (loss) for the period to be appropriated9905€44,523€42,032▼
Appropriation of the result
Profit (loss) to be appropriated9906€44,523€42,032▼
Transfer to equity691/2€44,523€42,032▼
To other reserves6921€44,523€42,032▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,072€4,072€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€26,361€26,767€26,924€27,506€31,809€33,116€35,402▲ 6.9%
Operating profit (loss)9901€20,687€22,019€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€10,520€14,364€16,473€18,840€18,549€18,896€18,000▼ 4.7%
Financial charges65/66B---€254€367€528€644▲ 22.0%
Recurring financial charges65€129€139€74€254€367€528€644▲ 22.0%
Profit (loss) for the period before taxes9903€31,078€36,244€38,849€40,990€45,489€44,523€47,447▲ 6.6%
Income taxes67/77------€5,416-
Profit (loss) for the period9904€31,078€36,244€38,849€40,990€45,489€44,523€42,032▼ 5.6%
Profit (loss) for the period to be appropriated9905€31,078€36,244€38,849€40,990€45,489€44,523€42,032▼ 5.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€317,551€353,795€388,644€429,634€481,027€525,673€575,030▲ 9.4%
Fixed assets21/28€80,282€76,209€72,137€68,064€63,992€59,919€55,847▼ 6.8%
Tangible fixed assets22/27€80,282€76,209€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€237,270€277,586€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-€20,000€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€1,866€27,586€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€317,551€353,795€388,644€429,634€481,027€525,673€575,030▲ 9.4%
Equity10/15€313,551€349,795€388,644€429,634€475,123€519,646€561,678▲ 8.1%
Contributions10/11€65,603€65,603€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=
Contributions outside capital11---€25,598€25,598€25,598€25,598=
Share premium1100/10---€25,598€25,598€25,598€25,598=
Reserves13€222,350€258,594€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€4,000€4,000€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%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€31,078€36,244€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€4,072€4,072=
Operating cash flow (approximation)€35,150€40,316€42,921€45,063€49,561€48,596€46,104▼ 5.1%
Investment in fixed assets (approximation)-€0€0€0€0€0€0-
Change in cash-€25,720-€26,129-€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.

Download as CSV

Latest 10 of 48 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 full format 10-12-2025 2025-00578949
30-06-2024 full format 07-01-2025 2025-00631112
30-06-2023 full format 12-02-2024 2024-00029521
30-06-2022 micro format 19-12-2022 2022-20539375
30-06-2021 micro format 29-11-2021 2021-78600482
30-06-2020 micro format 16-12-2020 2020-75900006
30-06-2019 micro format 02-12-2019 2019-75200331
30-06-2018 micro format 30-11-2018 2018-73300017
30-06-2017 full format 30-11-2017 2017-70800183
30-06-2016 full format 16-02-2017 2017-04600011

Show all 48 filings

Similar companies · same sector, comparable size

Of the 120 active companies whose main activity is manufacture of food products (NACE 10610), figures are known for 75. 58 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.