Skip to content

BlackWall

Active
Private limited companyfounded 20242 yrs activeLouizalaan 409, 1050 Elsene, BelgiumKBO/BCE: BE 1005.289.390
Summary

BlackWall has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,765 and a net result of €119,792. Its solvency ranks better than 21% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability90▲+77
Solvency26▲+5
Growth78
Track record82
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
0.7%
Return on assets
17.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 14220 sector peers (2025).
NBB · sector comparison
Position among 14220 sector peers
Solvency
better than 21%
← 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 10-09-2026, 41 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 filings
Deviation from the deadline
2025
41 d late
2024
22 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BlackWall was incorporated on 29 January 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€4,765
2024 · -€16,027
Total assets
€692,081▲ 77.3%
2024 · €390,355
Net result
€119,792
2024 · -€19,027
Working capital
€454,765▲ 72.3%
2024 · €263,892
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€10,588-€136,381
Net result-€19,027below the sector's middle half-€119,792above the sector's middle half
Equity-€16,027below the sector's middle half-€4,765below the sector's middle half
Total assets€390,355within the sector's middle half-€692,081within the sector's middle half▲ 77.3%
Debt€406,382-€687,315▲ 69.1%
Working capital€263,892-€454,765▲ 72.3%
Solvency-4.1%below the sector's middle half-0.7%below the sector's middle half▲ 4.8pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2024: -€10,588-€10,588Net result 2024: -€19,027-€19,027Operating result 2025: €136,381€136,381Net result 2025: €119,792€119,79220242025-€50,000€0€50,000€100,000€150,000Operating result 2024: -€10,588-€10,600Net result 2024: -€19,027-€19,000Operating result 2025: €136,381€136,000Net result 2025: €119,792€120,00020242025
The operating result returns to profit in 2025: €136,381 after a loss of €10,588 in 2024.
Balance-sheet composition
Equity and liabilities €692,081
Equity €4,765
Debt €687,315
Debt finances 99.3% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€136,461▲
2024 · -€9,439
Cash flow
€119,873▲
2024 · -€17,878
Current ratio
2.92▼
2024 · 3.09
Quick ratio
0.40▲
2024 · 0.01
ROA
17.3%▲
2024 · -4.9%
Interest coverage
8.57▲
2024 · -1.12
Debt ≤ 1 year
€237,315▲
2024 · €126,382
Debt > 1 year
€450,000▲
2024 · €280,000
Income taxes
€659
A ratio outside any meaningful range has been withheld (balance sheet total €692,081, equity €4,765).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.9% went bankrupt
1.4% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€390,355€692,081▲
Formation expenses20€81-
Current assets29/58€390,274€692,081▲
Stocks and contracts in progress3€389,612€597,610▲
Stocks30/36€389,612€597,610▲
Amounts receivable within one year40/41-€62,250
Trade receivables40-€62,250
Cash at bank and in hand54/58€662€32,092▲
Deferred charges and accrued income490/1-€128
Equity and liabilities
Total equity and liabilities10/49€390,355€692,081▲
Equity10/15-€16,027€4,765▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€19,027€1,765▲
Amounts payable17/49€406,382€687,315▲
Amounts payable after more than one year17€280,000€450,000▲
Financial debts170/4€280,000€450,000▲
Amounts payable within one year42/48€126,382€237,315▲
Trade debts44€945€19,929▲
Suppliers440/4€945€19,929▲
Taxes, remuneration and social security45€1,406€1,552▲
Taxes450/3€1,406€1,552▲
Other amounts payable47/48€124,031€215,834▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,149€81▼
Gross operating margin9900-€9,439€136,461▲
Operating profit (loss)9901-€10,588€136,381▲
Financial charges65/66B€8,439€15,929▲
Recurring financial charges65€8,439€15,929▲
Profit (loss) for the period before taxes9903-€19,027€120,452▲
Income taxes67/77-€659
Profit (loss) for the period9904-€19,027€119,792▲
Profit (loss) for the period to be appropriated9905-€19,027€119,792▲
Appropriation of the result
Profit (loss) to be appropriated9906-€19,027€100,765▲
Profit (loss) brought forward from the previous period14P--€19,027
Profit to be distributed694/7-€99,000
Directors or managers695-€99,000

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,149€81▼ 93.0%
Gross operating margin9900-€9,439€136,461▲ 1,546%
Operating profit (loss)9901-€10,588€136,381▲ 1,388%
Financial charges65/66B€8,439€15,929▲ 88.8%
Recurring financial charges65€8,439€15,929▲ 88.8%
Profit (loss) for the period before taxes9903-€19,027€120,452▲ 733%
Income taxes67/77-€659-
Profit (loss) for the period9904-€19,027€119,792▲ 730%
Profit (loss) for the period to be appropriated9905-€19,027€119,792▲ 730%
Line20242025Change
Assets
Total assets20/58€390,355€692,081▲ 77.3%
Formation expenses20€81--
Current assets29/58€390,274€692,081▲ 77.3%
Stocks and contracts in progress3€389,612€597,610▲ 53.4%
Stocks30/36€389,612€597,610▲ 53.4%
Amounts receivable within one year40/41-€62,250-
Trade receivables40-€62,250-
Cash at bank and in hand54/58€662€32,092▲ 4,747%
Deferred charges and accrued income490/1-€128-
Equity and liabilities
Total equity and liabilities10/49€390,355€692,081▲ 77.3%
Equity10/15-€16,027€4,765▲ 130%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€19,027€1,765▲ 109%
Amounts payable17/49€406,382€687,315▲ 69.1%
Amounts payable after more than one year17€280,000€450,000▲ 60.7%
Financial debts170/4€280,000€450,000▲ 60.7%
Amounts payable within one year42/48€126,382€237,315▲ 87.8%
Trade debts44€945€19,929▲ 2,009%
Suppliers440/4€945€19,929▲ 2,009%
Taxes, remuneration and social security45€1,406€1,552▲ 10.4%
Taxes450/3€1,406€1,552▲ 10.4%
Other amounts payable47/48€124,031€215,834▲ 74.0%
Line20242025Change
Profit (loss) for the period9904-€19,027€119,792▲ 730%
+ Depreciation and write-downs630€1,149€81▼ 93.0%
Operating cash flow (approximation)-€17,878€119,873▲ 771%
Change in cash-€31,430-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
2025
31-12
Financial Back to profitnet €119,792
Net result €119,792 after one loss-making year.
22-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
453 m²
Building footprint
453 m²
Volume, LiDAR
10,450 m³
Parcel 21807G0210/00Y002, Brussels · tallest building 30.6 m, ±8 floors. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
BlackWall
Louizalaan 409, 1050 ElseneReal estate development
since 20242.355.158.515
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0210/00Y002 Brussels 453 m² 1 · 453 m² 30.6 m · 8 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 2,177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005289390
Also 9925:BE1005289390
Registered 11-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.