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WALCOM

Inactive
KBO/BCE: BE 0424.071.231

Inactive; last annual accounts for fiscal year 2019.

Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 15-05-2020, 77 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
77 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2019, full schema

Turnover
€20.18M▼ 0.4%
2018 · €20.26M
2018: €20.26M 2019: €20.18M▼ -0.4% vs 2018
2018 → 2019
EBIT margin
3.3%▼ 1.4pp
2018 · 4.7%
2018: 4.7% 2019: 3.3%▼ -30.5% vs 2018
2018 → 2019
Net result
€418k▼ 33.7%
2018 · €631k
2018: €631k 2019: €418k▼ -33.7% vs 2018
2018 → 2019
Working capital
€1.38M▲ 41.3%
2018 · €975k
2018: €975k 2019: €1.38M▲ +41.3% vs 2018
2018 → 2019
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Turnover€20.26M-€20.18M▼ 0.4% 2018: €20.26M 2019: €20.18M▼ -0.4% vs 2018
Equity€1.11M-€1.53M▲ 37.7% 2018: €1.11M 2019: €1.53M▲ +37.7% vs 2018
Operating result€948k-€656k▼ 30.8% 2018: €948k 2019: €656k▼ -30.8% vs 2018
Net result€631k-€418k▼ 33.7% 2018: €631k 2019: €418k▼ -33.7% vs 2018
Result per fiscal year
Operating resultNet result
€0€250k€500k€750k€1.00MOperating result 2018: €948k€948kNet result 2018: €631k€631kOperating result 2019: €656k€656kNet result 2019: €418k€418k20182019€0€250k€500k€750k€1MOperating result 2018: €948k€948kNet result 2018: €631k€631kOperating result 2019: €656k€656kNet result 2019: €418k€418k20182019
The operating result falls in 2019; 2019 is 31% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €3.89M
Fixed assets €151k ▼ 33.9%
Current assets €3.73M ▼ 10.8%
Equity and liabilities €3.89M
Equity €1.53M ▲ 37.7%
Provisions €0 ▼ 100%
Debt €2.36M ▼ 26.7%
Debt's share of the balance-sheet total falls from 72.8% to 60.7%. Equity is higher and debt is lower.
Key figures and ratios
2019 value · change against 2018
EBITDA
€737k▼
2018 · €1.03M
Cash flow
€499k▼
2018 · €709k
Current ratio
1.58▲
2018 · 1.30
ROE
27.4%▼
2018 · 56.9%
ROA
10.8%▼
2018 · 14.3%
Debt ≤ 1 year
€2.36M▼
2018 · €3.21M
Income taxes
€226k▼
2018 · €302k
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 · 2019 against 2018 · 27 lines
Balance sheet Code20182019
Assets
Total assets20/58€4.41M€3.89M▼
Fixed assets21/28€228k€151k▼
Tangible fixed assets22/27€166k€89k▼
Financial fixed assets28€62k€62k=
Current assets29/58€4.19M€3.73M▼
Stocks and contracts in progress3€667k€709k▲
Amounts receivable within one year40/41€2.71M€2.25M▼
Cash at bank and in hand54/58€794k€754k▼
Equity and liabilities
Total equity and liabilities10/49€4.41M€3.89M▼
Equity10/15€1.11M€1.53M▲
Contributions10/11€62k€62k=
Reserves13€8k€8k=
Profit (loss) carried forward14€1.04M€1.46M▲
Provisions and deferred taxes16€91k-
Amounts payable17/49€3.21M€2.36M▼
Amounts payable after more than one year17€3k-
Amounts payable within one year42/48€3.21M€2.36M▼
Trade debts44€2.24M€1.76M▼
Income statement Code20182019
Turnover70€20.26M€20.18M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€81k▲
Operating profit (loss)9901€948k€656k▼
Recurring financial income75€162€72▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€934k€644k▼
Income taxes67/77€302k€226k▼
Profit (loss) for the period9904€631k€418k▼
Profit (loss) for the period to be appropriated9905€631k€418k▼
Accounts by statement
Line20182019Change
Turnover70€20.26M€20.18M▼ 0.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€81k▲ 4.0%
Operating profit (loss)9901€948k€656k▼ 30.8%
Recurring financial income75€162€72▼ 55.7%
Recurring financial charges65€15k€12k▼ 19.3%
Profit (loss) for the period before taxes9903€934k€644k▼ 31.0%
Income taxes67/77€302k€226k▼ 25.4%
Profit (loss) for the period9904€631k€418k▼ 33.7%
Profit (loss) for the period to be appropriated9905€631k€418k▼ 33.7%
Line20182019Change
Assets
Total assets20/58€4.41M€3.89M▼ 12.0%
Fixed assets21/28€228k€151k▼ 33.9%
Tangible fixed assets22/27€166k€89k▼ 46.6%
Financial fixed assets28€62k€62k=
Current assets29/58€4.19M€3.73M▼ 10.8%
Stocks and contracts in progress3€667k€709k▲ 6.3%
Amounts receivable within one year40/41€2.71M€2.25M▼ 16.8%
Cash at bank and in hand54/58€794k€754k▼ 5.1%
Equity and liabilities
Total equity and liabilities10/49€4.41M€3.89M▼ 12.0%
Equity10/15€1.11M€1.53M▲ 37.7%
Contributions10/11€62k€62k=
Reserves13€8k€8k=
Profit (loss) carried forward14€1.04M€1.46M▲ 40.2%
Provisions and deferred taxes16€91k--
Amounts payable17/49€3.21M€2.36M▼ 26.7%
Amounts payable after more than one year17€3k--
Amounts payable within one year42/48€3.21M€2.36M▼ 26.6%
Trade debts44€2.24M€1.76M▼ 21.6%
Line20182019Change
Profit (loss) for the period9904€631k€418k▼ 33.7%
+ Depreciation and write-downs630€77k€81k▲ 4.0%
Operating cash flow (approximation)€709k€499k▼ 29.6%
Investment in fixed assets (approximation)-€-3k-
Change in cash-€-40k-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2020
24-06
State Gazette act Merger · Accounting effect
Approval date · Shareholding
27-05
State Gazette act Merger · Accounting effect
Approval date
15-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
04-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
22-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
25-05
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
01-07
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
02-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
25-06
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
27-06
NBB filing Annual accounts filed
fiscal year 2010 · full schema
State Gazette actNBB filing
0 of 17 acts read
About the unread acts

We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Structure & network

Acquisitions and mergers

1 transaction
Taken over by:Orange Belgium
BE 0456.810.810proposal · State Gazette act of 24-06-2020 (2 acts)