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WAL EPICES

Active
Private limited companyfounded 2020active for 5 yearsRue de l'Eperonnerie 12, 4041 Herstal, BelgiumKBO/BCE: BE 0759.719.242
Summary

WAL EPICES has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €660,904 and a net result of €99,625. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 42% of 13,692 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
WAL EPICESActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46370
1 site
Size
≈ €4.7mturnover 2025, estimated
Staff
9 FTE
Equity
€660,904
Profit
€99,625
Turnover estimated from the gross margin
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
LIEGEPICES · 80%
2025 accounts 28 days early2 of 3 deeds summarised
Why 87raises riskFounded in 2020Liquidity: current ratio 1.89, cash €29,236lowers riskSize: total assets €2.2mFigures for financial year 2025 (filed 03-07-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 44% of its sector peers (NACE 46, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 55-1
equity 30.2% of total assets
Liquidity 30-3
short-term debt 44.0% · cash 1.3%
Profitability 62-4
return on assets 4.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,374 companies, NACE 46, small)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.89, compared with 2.03 in 2024, above the usual 1.5; short-term debt: 44% and cash: 1.3% of total assets), but 69.8% of the assets are financed with debt and provisions.
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 46, small): better than 35% on solvency, 30% on liquidity, 48% on profitability and 63% on growth.

The bankruptcy probability was computed on 30-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 03-07-2026)
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.89, cash €29,236
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
28 days early
2024
11 days early
2023
39 days early
2022
12 days early
2021
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 26 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Olivier Delhez (director)Director discharge
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Weakest financial yearnet €99,625 ▼42.5%

Key points

  • Positive: Among the best 5% on equitysector median €56,557 · 13,722 companies €660,904 View
  • Caution: Result fell in 2025from €173,300 to €99,625 ▼ 42.5% View
  • Controlled by LIEGEPICES 80% View
  • A director leftlatest change 21-10-2026 · 0 in office 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €99,625 5 years View

By topic

Financials

Financial year
2025
Total assets
€2.2m
Profit
€99,625
Solvency
30.2%
Total assets▲ 10.2%
Net result
20212025
Go to Financials

Timeline

Events
11
Since
2022
Next accounts
by 31-07-2027
  1. 20-07-2025Annual accounts filed
  2. 31-12-2024Equity above €500,000
  3. 30-07-2024Resignation: SA DELHEZ (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46370
Founded
11-12-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about WAL EPICES

What is the company number of WAL EPICES?
0759.719.242. In Belgium the VAT number is the company number with BE in front: BE 0759.719.242.
Where is WAL EPICES based?
The registered office is at Rue de l'Eperonnerie 12, 4041 Herstal.Company details
What does WAL EPICES do?
According to the KBO register, the main activity is wholesale trade (NACE 46370).
What is the legal form of WAL EPICES?
Private limited company (BV).
When was WAL EPICES founded?
On 11-12-2020.
Is WAL EPICES still active?
Yes, WAL EPICES is an active enterprise in the KBO register.
How many employees does WAL EPICES have?
On average 9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WAL EPICES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is WAL EPICES profitable?
In financial year 2025, WAL EPICES made a profit of €99,625.
Where can I find the annual accounts of WAL EPICES?
WAL EPICES filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WAL EPICES due?
By 31-07-2027, for financial year 2026.Timeline

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