WALK 2 IMPROVE
ActiveSummary
WALK 2 IMPROVE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €20k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 41 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-14
Solvency58▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.02 in 2024; short-term debt: 28% and cash: 11.8% of total assets), and 66.6% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 15
Relative position
BE, all sectors
reference
Sector 15
higher
← 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 2025Solvency, return and age of the figures
Solvency
33.4%
Return on assets
3.7%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
22 d late
2023
5 d early
2022
31 d late
2021
11 d early
2020
8 d early
2019
6 d early
← 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
€185k▲ 6.0%
2024 · €174k
2018: €45k
2019: €61k
2020: €76k
2021: €92k
2022: €122k
2023: €145k
2024: €174k
2018 → 2025
Total assets
€554k▼ 0.5%
2024 · €557k
2018: €519k
2019: €476k
2020: €476k
2021: €474k
2022: €473k
2023: €458k
2024: €557k
2018 → 2025
Net result
€20k▼ 29.5%
2024 · €29k
2018: €34k
2019: €16k
2020: €16k
2021: €16k
2022: €30k
2023: €24k
2024: €29k
2018 → 2025
Working capital
€20k▲ 440%
2024 · €4k
2018: €-101k
2019: €-79k
2020: €-65k
2021: €-57k
2022: €-32k
2023: €-18k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€122k▲ 32.8%€145k▲ 19.3%€174k▲ 20.0%€185k▲ 6.0%
Operating result€28k-€44k▲ 56.3%€42k▼ 5.6%€47k▲ 13.2%€39k▼ 17.5%
Net result€16k-€30k▲ 93.4%€24k▼ 22.0%€29k▲ 23.5%€20k▼ 29.5%
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 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €554k
Fixed assets
€379k ▼ 4.3%
Current assets
€175k ▲ 8.8%
Equity and liabilities €554k
Equity
€185k ▲ 6.0%
Debt
€369k ▼ 3.4%
Debt's share of the balance-sheet total falls from 68.7% to 66.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2024 · €65k
Cash flow
€40k▼
2024 · €47k
Current ratio
1.13▲
2024 · 1.02
Debt to equity
2.00▼
2024 · 2.19
ROE
11.1%▼
2024 · 16.6%
ROA
3.7%▼
2024 · 5.2%
Interest coverage
4.48▼
2024 · 8.89
Debt ≤ 1 year
€155k▼
2024 · €157k
Debt > 1 year
€205k▼
2024 · €222k
Income taxes
€8k▼
2024 · €11k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€557k€554k▼
Fixed assets21/28€396k€379k▼
Tangible fixed assets22/27€396k€379k▼
Land and buildings22€375k€362k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€9k€7k▼
Other tangible fixed assets26€8k€7k▼
Current assets29/58€161k€175k▲
Amounts receivable within one year40/41€9k€9k▲
Trade receivables40€940€3k▲
Other amounts receivable41€8k€7k▼
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€52k€66k▲
Deferred charges and accrued income490/1€823€399▼
Equity and liabilities
Total equity and liabilities10/49€557k€554k▼
Equity10/15€174k€185k▲
Contributions10/11€19k€19k=
Reserves13€72k€77k▲
Distributable reserves133€72k€77k▲
Profit (loss) carried forward14€84k€89k▲
Amounts payable17/49€382k€369k▼
Amounts payable after more than one year17€222k€205k▼
Financial debts170/4€222k€205k▼
Amounts payable within one year42/48€157k€155k▼
Current portion of amounts payable after more than one year42€17k€18k▲
Trade debts44€10k€7k▼
Suppliers440/4€10k€7k▼
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€7k€5k▼
Other amounts payable47/48€124k€126k▲
Accrued charges and deferred income492/3€3k€10k▲
Income statement
Code20242025
Non-recurring operating income76A-€233
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€20k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€68k€61k▼
Operating profit (loss)9901€47k€39k▼
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€7k€13k▲
Recurring financial charges65€7k€13k▲
Profit (loss) for the period before taxes9903€40k€28k▼
Income taxes67/77€11k€8k▼
Profit (loss) for the period9904€29k€20k▼
Profit (loss) for the period to be appropriated9905€29k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€104k▲
Profit (loss) brought forward from the previous period14P€75k€84k▲
Transfer from equity791/2-€10k
Transfer to equity691/2€20k€15k▼
To other reserves6921€20k€15k▼
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (7 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Equity above €150kEq €174k ▲20%
7 profitable years in a row build equity to €174k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €122k ▲32.8%
5 profitable years in a row build equity to €122k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €16k ▼0%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
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, Beveren-Kruibeke-Zwijndrecht · 2 establishment units since 2009
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.
Geeraard de Cremerstraat 1249150 Beveren-Kruibeke-ZwijndrechtGround area
4,118 m²
Building footprint
1,334 m²
Volume, LiDAR
476 m³
2 parcels, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
WALK 2 IMPROVE
since 20092.176.469.766
WALK 2 IMPROVE
since 20212.316.865.685
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46018A0033/00V000 | Flanders | 3,381 m² | 1 · 1,171 m² | 0.4 m |
| 46020C0183/00M000 | Flanders | 737 m² | 1 · 164 m² | 8.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 144 EUR awarded · 144 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 144 EUR | 144 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TECONOR
BE 0463.499.652
Stabroek · Eq €220k
BOCO
BE 0446.192.773
Haaltert · Eq €145k
VANO
BE 0426.863.742
Tielt · Eq €142k
MOVE 2 IMPROVE
BE 0809.469.354
Temse · Eq €262k
ORTHO SHOE
BE 0417.752.175
Roeselare · Eq €266k
Of 59 companies in sector 15200 we hold annual accounts for 28. 21 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
Founded27-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
15200Manufacture of leather and related products
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.