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 4 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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Shrinking team NBB
FTE fell two years in a row, from 5.3 to 2.5.
Financials
Financial year 2025
WALKING TREE EU from Antwerpen, company number BE0561987613, closed financial year 2025 with a result of € -3.8 million after tax. For that financial year WALKING TREE EU recorded a gross margin of € -3.2 million and equity of € -17.6 million. Compared with financial year 2024, the result moved from € -5 million to € -3.8 million. 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 November 28, 2025.
€ -17.6 million
▼ € 3.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.8 million
▲ 24 % less loss than in 2024
Profit after tax over the fiscal year.
€ 435,083
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23.8 million.
People and assets in 2025
2.5
▼ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 245,474
▼ 40% vs 2024
€ 98,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,394
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 36 million
▲ 64% vs 2024
€ 48,340 is repaid this year. At this pace the long-term loan is gone in ≈ 744 years.
€ 4.4 million
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 199,301
▲ 76% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,014,919 | € -4,083,387 | € -3,658,799 | € -3,206,128 | ▲ € 452,671 |
| Profit after taxes | € -3,365,813 | € -5,085,655 | € -4,998,730 | € -3,815,628 | ▲ € 1.2 million |
| Equity | € -3,675,820 | € -8,761,475 | € -13,760,205 | € -17,575,833 | ▼ € 3.8 million |
| Total debts | € 6,787,862 | € 14,177,402 | € 25,092,239 | € 40,592,291 | ▲ 62% |
| Cash | € 192,334 | € 971,164 | € 284,524 | € 435,083 | ▲ 53% |
| Land & buildings | € 649,688 | € 630,690 | € 611,692 | € 592,695 | ▼ 3% |
| Retained profit | € -9,887,813 | € -14,973,468 | € -19,972,199 | € -23,787,826 | ▼ € 3.8 million |
| Bank debt | € 5,077,784 | € 13,251,460 | € 21,887,323 | € 35,973,693 | ▲ 64% |
| Balance sheet total | € 3,112,042 | € 5,415,927 | € 11,332,034 | € 23,016,458 | ▲ 103% |
| Employees (FTE) | 4.9 | 5.3 | 5.2 | 2.5 | ▼ 2.7 |
Key figures of WALKING TREE EU, 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 October 2026.
What happened to WALKING TREE EU?
What happened at WALKING TREE EU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.8 million. filed late Source: NBB ↗
- Shraddha Mehta became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.4 million loss in 2022 to € 3.8 million loss in 2025.
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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
Behind WALKING TREE EU is Shraddha Mehta.
Directors
According to the 2025 annual accounts
Shraddha Mehta
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 107
2018 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
GoDaddy DNS
Domain
Domain
walkingtree.co
Registered
2018-04-07
Registrar
GoDaddy.com, LLC
Expires
2027-04-07
Website info
Features
Security
Details
- Company number
- 0561.987.613
- VAT number
- BE 0561.987.613
- Registered office
- Hoveniersstraat 30 bus 107, 2018 Antwerpen
- Names & denominations
- WALKING TREE EU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2014
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- walkingtree.co
- Activities · NACE
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