Financials
Financial year 2025
WALFORM from Ottignies-Louvain-la-Neuve, company number BE0461216687, closed financial year 2025 with a result of € 193,171 after tax. For that financial year WALFORM recorded a gross margin of € 417,895 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 258,946 to € 193,171. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 1.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 193,171
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 71,823
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 190,000 paid out
98 % of the profit went to the shareholders, mostly to IMOSTI (70 % of the shares). That is where the money ends up.
People and assets in 2025
€ 149,980
▲ 20% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,696
▲ 87% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 622,219
€ 78,192 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 103,914
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,379
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 227,133 | € 257,793 | € 437,404 | € 417,895 | ▼ 4% |
| Profit after taxes | € 32,089 | € 100,073 | € 258,946 | € 193,171 | ▼ 25% |
| Equity | € 1,600,618 | € 1,600,692 | € 1,601,637 | € 1,604,808 | |
| Total debts | € 918,024 | € 1,089,368 | € 1,445,258 | € 1,664,288 | ▲ 15% |
| Cash | € 97,597 | € 49,639 | € 86,759 | € 71,823 | ▼ 17% |
| Land & buildings | € 1,544,443 | € 1,543,564 | € 1,542,685 | € 1,570,039 | ▲ 2% |
| Retained profit | € 502,966 | € 503,039 | € 503,985 | € 507,155 | ▲ 1% |
| Dividend | € 25,000 | € 100,000 | € 258,000 | € 190,000 | ▼ 26% |
| Bank debt | € 580,284 | € 593,386 | € 620,241 | € 622,219 | |
| Balance sheet total | € 2,518,642 | € 2,690,059 | € 3,046,895 | € 3,269,096 | ▲ 7% |
Key figures of WALFORM, 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 WALFORM?
What happened at WALFORM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 193,171 (▼ 25% vs 2024). filed late Source: NBB ↗
- François ERPICUM stepped down as director. NBB
- ALGERNON SA stepped down as director. NBB
- SVO SPRL stepped down as director. NBB
- IMOSTI SPRL stepped down as director. NBB
- MAVIROBA SPRL stepped down as director. NBB
- MESYLAB sprl SPRL stepped down as director. NBB
- François ERPICUM became a director. NBB
In short
From € 32,089 profit in 2022 to € 193,171 profit in 2025.
Paid € 1,895 in corporate taxes since 2022.
Best year ever: 2024, with € 258,946 profit.
Paid out € 573,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of IMOSTI, ALGERNON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WALFORMThe shares are held by IMOSTI (70%) and ALGERNON (10%). It owns 99.9% of NTE EPINE and 16.7% of Kineo itself.
Directors
According to the 2025 annual accounts
Director
since 2018 · until 2024
Managing director
since 2018 · until 2024
Director · represented by Martin ERPICUM
since 2018 · until 2020
since 2018 · until 2024
François ERPICUM
Director
since 2020 · until 2024
Director · represented by Patrice ERPICUM
· until 2024
Establishments
Establishment units
Physical locations of this company
Rue Alfred Haulotte 52
1342 Ottignies-Louvain-la-Neuve
Place Notre-Dame de la Paix(EP) 1
5101 Namur
Active since 28 March 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.216.687
- VAT number
- BE 0461.216.687
- Registered office
- Rue Alfred Haulotte 52, 1342 Ottignies-Louvain-la-Neuve
- Names & denominations
- WALFORM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 1997
- Peppol
- Active · Active since 31 Oct 2025
- Activities · NACE
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