Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WALMAR from Oostende, company number BE0445977888, closed financial year 2025 with a result of € -49,795 after tax. For that financial year WALMAR recorded a gross margin of € 30,317 and equity of € -141,458. Compared with financial year 2024, the result moved from € -50,314 to € -49,795. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ -141,458
▼ € 49,795 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,795
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,823
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -160,058.
People and assets in 2025
€ 11,342
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 30,627
▲ 116% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,355
▲ 64% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,445 | € 30,389 | € 28,149 | € 30,317 | ▲ 8% |
| Profit after taxes | € -20,151 | € -43,598 | € -50,314 | € -49,795 | ▲ € 519 |
| Equity | € 2,248 | € -41,350 | € -91,664 | € -141,458 | ▼ € 49,795 |
| Total debts | € 508,637 | € 473,609 | € 495,639 | € 573,570 | ▲ 16% |
| Cash | € 85,607 | € 51,625 | € 6,688 | € 4,823 | ▼ 28% |
| Land & buildings | € 359,830 | € 348,541 | € 337,252 | € 325,962 | ▼ 3% |
| Retained profit | € -16,352 | € -59,950 | € -110,264 | € -160,058 | ▼ € 49,795 |
| Balance sheet total | € 510,885 | € 432,259 | € 403,976 | € 432,112 | ▲ 7% |
Key figures of WALMAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WALMAR?
What happened at WALMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 49,795. filed late Source: NBB ↗
- Franscina Govaert became a director. NBB
- New establishment in Sint-Agatha-Berchem. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,151 loss in 2022 to € 49,795 loss in 2025.
Paid € 70 in corporate taxes since 2022.
Management
The stake of G.W. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WALMARBehind WALMAR is Franscina Govaert. The shares are held by G.W. (0.1%).
Directors
According to the 2025 annual accounts
Franscina Govaert
Director
Also active at: Destelbergse Immobiliën Compagnie, Braco Immobiliën, A.S.B.O., G.W., GOSTAR
since 2023
Shareholders
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zeedijk 366
8400 Oostende
Dilbeekstraat 85 box B
1082 Sint-Agatha-Berchem
Active since 24 January 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.977.888
- VAT number
- BE 0445.977.888
- Registered office
- Zeedijk 366, 8400 Oostende
- Names & denominations
- WALMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 1992
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Industriële reiniging
Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
Landschapsverzorging
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Schilderen van gebouwen
Activiteiten van verzekeringsagenten en -makelaars
Algemene reiniging van gebouwen
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