Walter werkt
ActiveSummary
Walter werkt has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €-15k. Its solvency ranks better than 12% of 231 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-36
Solvency27▼-3
Growth32
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.57 against 1.49 in 2024; short-term debt: 19.5% and cash: 1% of total assets), and 97.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 90
Relative position
BE, all sectors
reference
Sector 90
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 231 sector peers (2025).
NBB · sector comparisonPosition among 231 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
28 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-15k
2024 · €30k
2024: €30k
2024 → 2025
Working capital
€-243k
2024 · €61k
2024: €61k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€80k-€65k▼ 18.8%
Operating result€42k-€19k▼ 55.8%
Net result€30k-€-15k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.90M
Fixed assets
€2.58M ▲ 95.8%
Current assets
€323k ▲ 73.7%
Equity and liabilities €2.90M
Equity
€65k ▼ 18.8%
Debt
€2.84M ▲ 99.4%
Debt's share of the balance-sheet total rises from 94.7% to 97.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€59k▼
2024 · €74k
Cash flow
€25k▼
2024 · €61k
Current ratio
0.57▼
2024 · 1.49
Quick ratio
0.57▼
2024 · 1.48
Debt to equity
43.67▲
2024 · 17.79
ROE
-23.1%▼
2024 · 37.0%
ROA
-0.5%▼
2024 · 2.0%
Interest coverage
1.75▼
2024 · 5.70
Debt ≤ 1 year
€566k▲
2024 · €125k
Debt > 1 year
€1.47M▲
2024 · €781k
Income taxes
€0
Staff costs
€104k▲
2024 · €70k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.50M€2.90M▲
Fixed assets21/28€1.32M€2.58M▲
Intangible fixed assets21-€7k
Tangible fixed assets22/27€1.32M€2.57M▲
Land and buildings22€1.32M€2.50M▲
Plant, machinery and equipment23€0€67k▲
Furniture and vehicles24€403€909▲
Financial fixed assets28€500€500=
Current assets29/58€186k€323k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€113k€288k▲
Trade receivables40€4k€4k▼
Other amounts receivable41€108k€284k▲
Cash at bank and in hand54/58€71k€29k▼
Deferred charges and accrued income490/1€951€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.50M€2.90M▲
Equity10/15€80k€65k▼
Profit (loss) carried forward14€80k€65k▼
Amounts payable17/49€1.42M€2.84M▲
Amounts payable after more than one year17€781k€1.47M▲
Financial debts170/4€781k€1.47M▲
Amounts payable within one year42/48€125k€566k▲
Current portion of amounts payable after more than one year42€37k€356k▲
Trade debts44€30k€145k▲
Suppliers440/4€30k€145k▲
Taxes, remuneration and social security45€7k€19k▲
Taxes450/3-€3k
Remuneration and social security454/9€7k€16k▲
Accrued charges and deferred income492/3€518k€802k▲
Income statement
Code20242025
Non-recurring operating income76A€213€0▼
Remuneration, social security and pensions62€70k€104k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€40k▲
Other operating charges640/8€2k€10k▲
Gross operating margin9900€146k€173k▲
Operating profit (loss)9901€42k€19k▼
Financial income75/76B€448€2▼
Recurring financial income75€448€2▼
Financial charges65/66B€13k€34k▲
Recurring financial charges65€13k€34k▲
Profit (loss) for the period before taxes9903€30k€-15k▼
Income taxes67/77-€0
Profit (loss) for the period9904€30k€-15k▼
Profit (loss) for the period to be appropriated9905€30k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€65k▼
Profit (loss) brought forward from the previous period14P€50k€80k▲
Social balance
Average headcount (FTE)90871.31.4▲
The notes to these accounts (32 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
NBB filing
Directors · office · real estate
Directors
4 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, Anderlecht · 1 establishment unit since 2018
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.
Van Lintstraat 471070 AnderlechtGround area
122 m²
Parcel 21305B0260/00C013, Brussels. Linked by address, not a title deed.
1 establishment unit
Walter Werkt
since 20182.301.031.426
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0260/00C013 | Brussels | 122 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,121,723 EUR awarded · 967,822 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 297,539 EUR | 295,535 EUR |
| 2024 | 1 | 290,570 EUR | 288,638 EUR |
| 2023 | 1 | 284,904 EUR | 259,294 EUR |
| 2022 | 1 | 248,710 EUR | 124,355 EUR |
Schemes
Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021)
Vlaams Brusselfonds
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Of 3,525 companies in sector 90391 we hold annual accounts for 680. 529 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 formNon-profit association
Founded18-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
94999Other membership organisations
56301Cafés and bars
59113Video and film production, excluding cinema and television films
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@werkplaatswalter.be