NO WALL CO
ActiveNO WALL CO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €436k and a net result of €177k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency89▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 5.24 in 2024; short-term debt: 36.4% and cash: 31.9% of total assets), and 36.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025Solvency, return and age of the figures
Solvency
63.6%
Return on assets
25.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
58 d early
2024
14 d late
2023
56 d early
2022
76 d early
2021
41 d early
2020
57 d early
2019
4 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€436k▼ 13.7%
2024 · €506k
2018: €16k
2019: €15k
2020: €13k
2021: €11k
2022: €27k
2023: €259k
2024: €506k
2018 → 2025
Total assets
€686k▲ 9.9%
2024 · €625k
2018: €20k
2019: €18k
2020: €13k
2021: €11k
2022: €31k
2023: €383k
2024: €625k
2018 → 2025
Net result
€177k▼ 28.1%
2024 · €246k
2018: €-501
2019: €-905
2020: €-2k
2021: €-2k
2022: €16k
2023: €233k
2024: €246k
2018 → 2025
Working capital
€435k▼ 13.8%
2024 · €505k
2018: €16k
2019: €15k
2021: €11k
2022: €27k
2023: €258k
2024: €505k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€27k▲ 146%€259k▲ 865%€506k▲ 94.9%€436k▼ 13.7%
Operating result€-2k-€20k€349k▲ 1,634%€311k▼ 10.9%€248k▼ 20.2%
Net result€-2k-€16k€233k▲ 1,356%€246k▲ 5.9%€177k▼ 28.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €686k
Fixed assets
€1k▲ 69.4%
Current assets
€685k▲ 9.8%
Equity and liabilities €686k
Equity
€436k▼ 13.7%
Debt
€250k▲ 110%
The debt ratio rises from 19.1% to 36.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€248k▼
2024 · €311k
Cash flow
€177k▼
2024 · €247k
Solvency
63.6%▼
2024 · 80.9%
Current ratio
2.74▼
2024 · 5.24
Quick ratio
2.74▼
2024 · 5.24
Debt / equity
0.57▲
2024 · 0.24
ROE
40.6%▼
2024 · 48.7%
ROA
25.8%▼
2024 · 39.4%
Interest coverage
1774.16▲
2024 · 1469.23
Debt
€250k▲
2024 · €119k
Debt ≤ 1 year
€250k▲
2024 · €119k
Income taxes
€80k▼
2024 · €83k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€625k€686k▲
Fixed assets21/28€816€1k▲
Tangible fixed assets22/27€816€1k▲
Plant, machinery and equipment23€816€1k▲
Current assets29/58€624k€685k▲
Amounts receivable within one year40/41€37k€63k▲
Trade receivables40€19k€29k▲
Other amounts receivable41€19k€34k▲
Current investments50/53€400k€400k=
Cash at bank and in hand54/58€187k€219k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€625k€686k▲
Equity10/15€506k€436k▼
Contributions10/11€19k€19k=
Reserves13€487k€418k▼
Distributable reserves133€487k€418k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€119k€250k▲
Amounts payable within one year42/48€119k€250k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€815€2k▲
Suppliers440/4€815€2k▲
Taxes, remuneration and social security45€116k€35k▼
Taxes450/3€116k€35k▼
Other amounts payable47/48€2k€213k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€457€466▲
Other operating charges640/8€505€1k▲
Gross operating margin9900€312k€250k▼
Operating profit (loss)9901€311k€248k▼
Financial income75/76B€19k€9k▼
Recurring financial income75€19k€9k▼
Financial charges65/66B€212€140▼
Recurring financial charges65€212€140▼
Profit (loss) for the period before taxes9903€329k€257k▼
Income taxes67/77€83k€80k▼
Profit (loss) for the period9904€246k€177k▼
Profit (loss) for the period to be appropriated9905€246k€177k▼
Appropriation of the result
Profit (loss) to be appropriated9906€246k€177k▼
Transfer from equity791/2-€246k
Transfer to equity691/2€246k€177k▼
To other reserves6921€246k€177k▼
Profit to be distributed694/7-€246k
Return on contributions (dividend)694-€246k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Highest result since 2018net €246k ▲5.9%
Net result €246k, the highest in the series.
31-12
Financial
Equity above €500kEq €506k ▲94.9%
3 profitable years in a row build equity to €506k.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €259k ▲865%
2 profitable years in a row build equity to €259k.
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after 4 loss-making years.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Hove · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Den Blommaert 1b2540 HoveGround area
1,161 m²
Building footprint
249 m²
Volume, LiDAR
1,193 m³
Parcel 11021B0264/00F000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NO WALL CO
since 20172.264.361.961
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0264/00F000 | Flanders | 1,161 m² | 1 · 248 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 35,714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.