WALARNICO
ActiveSummary
WALARNICO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €528k and a net result of €60k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 12.73 against 7.88 in 2023; short-term debt: 6.3% and cash: 77.9% of total assets), and 6.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.7%
Return on assets
10.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
30 d early
2022
34 d early
2021
1 d early
2020
2 d early
2019
136 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€528k▲ 12.9%
2023 · €467k
2018: €274k
2019: €318k
2020: €342k
2021: €381k
2022: €419k
2023: €467k
2018 → 2024
Total assets
€563k▲ 8.3%
2023 · €520k
2018: €292k
2019: €365k
2020: €373k
2021: €409k
2022: €449k
2023: €520k
2018 → 2024
Net result
€60k▼ 21.9%
2023 · €77k
2018: €39k
2019: €59k
2020: €52k
2021: €39k
2022: €67k
2023: €77k
2018 → 2024
Working capital
€418k▲ 15.6%
2023 · €361k
2018: €172k
2019: €204k
2020: €219k
2021: €273k
2022: €314k
2023: €361k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€342k-€381k▲ 11.3%€419k▲ 10.0%€467k▲ 11.6%€528k▲ 12.9%
Operating result€76k-€57k▼ 25.5%€95k▲ 67.5%€108k▲ 14.3%€86k▼ 20.2%
Net result€52k-€39k▼ 26.2%€67k▲ 72.7%€77k▲ 15.3%€60k▼ 21.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €563k
Fixed assets
€110k ▲ 3.7%
Current assets
€453k ▲ 9.5%
Equity and liabilities €563k
Equity
€528k ▲ 12.9%
Debt
€36k ▼ 32.2%
Debt's share of the balance-sheet total falls from 10.1% to 6.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▼
2023 · €113k
Cash flow
€64k▼
2023 · €81k
Current ratio
12.73▲
2023 · 7.88
Debt to equity
0.07▼
2023 · 0.11
ROE
11.4%▼
2023 · 16.5%
ROA
10.7%▼
2023 · 14.8%
Interest coverage
20.82▼
2023 · 50.19
Debt ≤ 1 year
€36k▼
2023 · €53k
Income taxes
€24k▼
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€520k€563k▲
Fixed assets21/28€106k€110k▲
Tangible fixed assets22/27€6k€10k▲
Plant, machinery and equipment23€683€2k▲
Furniture and vehicles24€5k€8k▲
Financial fixed assets28€100k€100k=
Current assets29/58€414k€453k▲
Amounts receivable within one year40/41€26k€10k▼
Trade receivables40€16k€0▼
Other amounts receivable41€10k€10k▼
Cash at bank and in hand54/58€386k€439k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€520k€563k▲
Equity10/15€467k€528k▲
Contributions10/11€12k€12k=
Reserves13€455k€515k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€453k€513k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€53k€36k▼
Amounts payable within one year42/48€53k€36k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€45k€32k▼
Taxes450/3€42k€29k▼
Remuneration and social security454/9€3k€3k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€114k€93k▼
Operating profit (loss)9901€108k€86k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€107k€84k▼
Income taxes67/77€30k€24k▼
Profit (loss) for the period9904€77k€60k▼
Profit (loss) for the period to be appropriated9905€77k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€60k▼
Transfer from equity791/2€29k€0▼
Transfer to equity691/2€77k€60k▼
To other reserves6921€77k€60k▼
Profit to be distributed694/7€29k€0▼
Return on contributions (dividend)694€29k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €528k ▲12.9%
7 profitable years in a row build equity to €528k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €77k ▲15.3%
Operating result €108k, net result €77k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €39k ▼26.2%
Net result drops to €39k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hof ter Groenstraat 52660 AntwerpenGround area
140 m²
Building footprint
53 m²
Volume, LiDAR
441 m³
Parcel 11383B0649/00K003, Flanders · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Walarnico
since 20112.202.600.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11383B0649/00K003 | Flanders | 140 m² | 1 · 53 m² | 8.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KANTOOR A & S
BE 0444.225.851
Leuven · Eq €527,567
BDK CONSULT
BE 0478.500.802
Puurs-Sint-Amands · Eq €527,561
IWS Consult
BE 0772.762.673
Balen · Eq €527,670
2 Times a Lady
BE 1003.002.368
Oud-Heverlee · Eq €527,507
ASSUR SEREIN
BE 0536.899.255
Seraing · Eq €527,714
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 34,209 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47690Retail sale of other cultural and recreation goods
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.