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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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Wally from Gent, company number BE0712630492, closed financial year 2025 with a result of € 218,262 after tax. For that financial year Wally recorded a gross margin of € 191,811 and equity of € 234,031. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 234,031
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 218,262
Profit after tax over the fiscal year.
€ 19,275
Cash and bank balances on the last day of the fiscal year.
€ 218,262 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 566,133
€ 101,831 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2,648
Supplier invoices still open on the last day of the fiscal year.
€ 15,203
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
What happened to Wally?
What happened at Wally in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 218,262. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Stijn Verpaele became a director. NBB
In short
Paid € 35,642 in corporate taxes since 2025.
Paid out € 218,262 in dividends to the owners in total.
Management
Behind Wally is Stijn Verpaele. It owns 100% of Restaurant Du Progres itself.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Korenmarkt 10
9000 Gent
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
- 0712.630.492
- VAT number
- BE 0712.630.492
- Registered office
- Korenmarkt 10, 9000 Gent
- Names & denominations
- Wally
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2018
- Peppol
- Active · Active since 6 Mar 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Holdings