WALCA has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €7.07M and a net result of €890k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 9113 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €7.07M
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.28M▲ 12.1%
2023 · €1.14M
2023: €1.14M
2023 → 2024
EBIT margin
32.6%▲ 8.0pp
2023 · 24.6%
2023: 24.6%
2023 → 2024
Net result
€890k▼ 19.7%
2024 · €1.11M
2019: €63k
2020: €379k
2021: €666k
2022: €366k
2023: €776k
2024: €1.11M
2019 → 2025
Working capital
€2.06M▲ 18.0%
2024 · €1.74M
2019: €2.33M
2020: €4.05M
2021: €2.68M
2022: €3.08M
2023: €690k
2024: €1.74M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.14M€1.28M▲ 12.1%
Equity€7.13M-€7.49M▲ 5.1%€5.12M▼ 31.7%€6.23M▲ 21.6%€7.07M▲ 13.5%
Operating result€411k-€269k▼ 34.5%€280k▲ 4.1%€416k▲ 48.5%€146k▼ 65.0%
Net result€666k-€366k▼ 45.0%€776k▲ 112%€1.11M▲ 42.8%€890k▼ 19.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.15M
Fixed assets
€5.72M▼ 0.8%
Current assets
€2.43M▼ 2.9%
Equity and liabilities €8.15M
Equity
€7.07M▲ 13.5%
Debt
€1.09M▼ 46.8%
The debt ratio falls from 24.7% to 13.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
86.7%▲
2024 · 75.3%
ROE
12.6%▼
2024 · 17.8%
ROA
10.9%▼
2024 · 13.4%
Debt
€1.09M▼
2024 · €2.04M
Debt ≤ 1 year
€378k▼
2024 · €763k
Debt > 1 year
€709k▼
2024 · €1.28M
Income taxes
€121k▲
2024 · €100k
Staff costs
€290k▲
2024 · €284k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.27M€8.15M▼
Fixed assets21/28€5.77M€5.72M▼
Tangible fixed assets22/27€1.12M€1.07M▼
Land and buildings22€970k€970k=
Furniture and vehicles24€149k€104k▼
Financial fixed assets28€4.65M€4.65M=
Affiliated companies280/1€4.65M-
Participating interests280€4.65M-
Current assets29/58€2.51M€2.43M▼
Amounts receivable after more than one year29€870k€870k=
Other amounts receivable291€870k€870k=
Stocks and contracts in progress3€0-
Amounts receivable within one year40/41€323k€361k▲
Trade receivables40€256k€256k=
Other amounts receivable41€67k€106k▲
Current investments50/53€1.10M€977k▼
Other investments51/53€1.10M-
Cash at bank and in hand54/58€215k€226k▲
Equity and liabilities
Total equity and liabilities10/49€8.27M€8.15M▼
Equity10/15€6.23M€7.07M▲
Contributions10/11€1.35M€1.35M=
Reserves13€4.88M€5.72M▲
Tax-exempt reserves132€7k€7k=
Distributable reserves133€4.87M€5.71M▲
Profit (loss) carried forward14-€0
Amounts payable17/49€2.04M€1.09M▼
Amounts payable after more than one year17€1.28M€709k▼
Other amounts payable178/9€1.28M€709k▼
Amounts payable within one year42/48€763k€378k▼
Trade debts44€12k€8k▼
Suppliers440/4€12k€8k▼
Taxes, remuneration and social security45€134k€320k▲
Taxes450/3€76k€216k▲
Remuneration and social security454/9€58k€104k▲
Other amounts payable47/48€617k€50k▼
Income statement
Code20242025
Operating income70/76A€1.30M-
Turnover70€1.28M-
Other operating income74€21k-
Non-recurring operating income76A€0-
Operating charges60/66A€882k-
Services and other goods61€558k-
Remuneration, social security and pensions62€284k€290k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€45k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900-€482k
Operating profit (loss)9901€416k€146k▼
Financial income75/76B€869k€925k▲
Recurring financial income75€869k€925k▲
Income from financial fixed assets750€810k-
Income from current assets751€16k-
Other financial income752/9€44k-
Financial charges65/66B€77k€60k▼
Recurring financial charges65€77k€60k▼
Debt charges650€77k-
Other financial charges652/9€353-
Profit (loss) for the period before taxes9903€1.21M€1.01M▼
Income taxes67/77€100k€121k▲
Taxes670/3€101k-
Tax adjustments and reversals of tax provisions77€917-
Profit (loss) for the period9904€1.11M€890k▼
Profit (loss) for the period to be appropriated9905€1.11M€890k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.11M€890k▼
Transfer from equity791/2€0€50k▲
From reserves792€0-
Transfer to equity691/2€1.11M€890k▼
To other reserves6921€1.11M€890k▼
Profit to be distributed694/7€0€50k▲
Return on contributions (dividend)694€0€50k▲
Social balance
Average headcount (FTE)90872.82.8=
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Highest result since 2019net €1.11M ▲42.8%
Net result €1.11M, the highest in the series.
30-06
Financial
Liquidity doublescurrent ratio 3.28
Current ratio from 1.32 to 3.28; short-term debt falls from €2.15M to €763k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Liquidity quadruplescurrent ratio 14.91
Current ratio from 3.70 to 14.91; short-term debt falls from €992k to €222k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Liquidity times 6current ratio 15.94
Current ratio from 2.59 to 15.94; short-term debt falls from €1.47M to €271k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, De Panne · 1 establishment unit since 2003
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.
Nieuwpoortlaan 1518660 De PanneGround area
2.2 ha
Building footprint
1,096 m²
Volume, LiDAR
1,939 m³
Parcel 38008A1075/00D000, Flanders · tallest building 42.9 m. Linked by address, not a title deed.
1 establishment unit
WALCA
since 20032.134.457.284
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38008A1075/00D000 | Flanders | 2.2 ha | 1 · 1,096 m² | 42.9 m |
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.
Structure & network
Group per the LEI register
1 subsidiarySubsidiary:WALCARIUS
Recognitions · licences · registrations
Legal Entity Identifier
254900D9M2JRG5P9Z839
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 1,491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2003
Fiscal year end30-06
Activities, NACEBEL
68110Buying and selling of own real estate
70120
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74142
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.