WALB'AIR
ActiveSummary
WALB'AIR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €-15k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▲+14
Solvency87▼-7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.26 in 2024; short-term debt: 38% and cash: 0% of total assets), and 38% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62%
Return on assets
-14.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-15k
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
64 d early
2023
49 d early
2022
66 d early
2021
60 d early
2020
27 d late
2019
194 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€67k▼ 18.7%
2024 · €82k
2018: €114k
2019: €109k
2020: €105k
2021: €108k
2022: €107k
2023: €101k
2024: €82k
2018 → 2025
Total assets
€107k▼ 10.0%
2024 · €119k
2018: €165k
2019: €164k
2020: €156k
2021: €178k
2022: €155k
2023: €149k
2024: €119k
2018 → 2025
Net result
€-15k▲ 18.4%
2024 · €-19k
2018: €-28k
2019: €-4k
2020: €-4k
2021: €3k
2022: €-1k
2023: €89k
2024: €-19k
2018 → 2025
Working capital
€2k▼ 83.1%
2024 · €10k
2018: €164k
2019: €157k
2020: €150k
2021: €136k
2022: €62k
2023: €15k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€107k▼ 1.2%€101k▼ 5.7%€82k▼ 18.6%€67k▼ 18.7%
Operating result€-3k-€-5k▼ 62.5%€-14k▼ 166%€-23k▼ 66.7%€1k
Net result€3k-€-1k€89k€-19k€-15k▲ 18.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €23k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€65k ▼ 10.0%
Current assets
€42k ▼ 9.9%
Equity and liabilities €107k
Equity
€67k ▼ 18.7%
Debt
€41k ▲ 9.1%
Debt's share of the balance-sheet total rises from 31.4% to 38.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14k▲
2024 · €-9k
Cash flow
€-2k▲
2024 · €-5k
Current ratio
1.04▼
2024 · 1.26
Debt to equity
0.61▲
2024 · 0.46
ROE
-23.0%▼
2024 · -22.9%
ROA
-14.2%▲
2024 · -15.7%
Interest coverage
1.53▲
2024 · -18.00
Debt ≤ 1 year
€41k▲
2024 · €37k
Income taxes
€8k▲
2024 · €-3k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€119k€107k▼
Fixed assets21/28€72k€65k▼
Tangible fixed assets22/27€72k€65k▼
Plant, machinery and equipment23€478€47▼
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€69k€61k▼
Current assets29/58€47k€42k▼
Amounts receivable after more than one year29€44k€37k▼
Trade receivables290€44k€37k▼
Amounts receivable within one year40/41€647€2k▲
Trade receivables40€467€1k▲
Other amounts receivable41€180€467▲
Cash at bank and in hand54/58€225€0▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€119k€107k▼
Equity10/15€82k€67k▼
Contributions10/11€28k€28k=
Reserves13€73k€73k=
Distributable reserves133€73k€73k=
Profit (loss) carried forward14€-19k€-34k▼
Amounts payable17/49€37k€41k▲
Amounts payable within one year42/48€37k€41k▲
Trade debts44€34k€3k▼
Suppliers440/4€34k€3k▼
Taxes, remuneration and social security45€2k€36k▲
Taxes450/3€2k€36k▲
Other amounts payable47/48€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€2k€636▼
Gross operating margin9900€-7k€15k▲
Operating profit (loss)9901€-23k€1k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€506€9k▲
Recurring financial charges65€506€9k▲
Profit (loss) for the period before taxes9903€-22k€-7k▲
Transfer from deferred taxes780€0-
Income taxes67/77€-3k€8k▲
Profit (loss) for the period9904€-19k€-15k▲
Profit (loss) for the period to be appropriated9905€-19k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-34k▼
Profit (loss) brought forward from the previous period14P€0€-19k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 194 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Stekene · 1 establishment unit since 2021
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.
Trompstraat(STE) 659190 StekeneGround area
116 m²
Building footprint
134 m²
Volume, LiDAR
1,005 m³
Parcel 46011B0264/00A000, Flanders · tallest building 17.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WALB'AIR
since 20212.347.935.775
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46011B0264/00A000 | Flanders | 116 m² | 1 · 134 m² | 17.7 m · 2 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
J. UHODA
BE 0760.992.318
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HLDR
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GIULIAM
BE 0683.861.084
Ukkel · Eq €66,513
VN Consult
BE 0762.484.831
Mol · Eq €66,516
DARAM
BE 0547.657.644
Schelle · Eq €66,520
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,444 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
Founded05-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
71111Activities of building architects
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.