THE WALLS
ActiveTHE WALLS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €564k and a net result of €36k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-26
Solvency94▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 14.41 against 7.86 in 2024; short-term debt: 3.5% and cash: 18.5% of total assets), and 30.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
69.1%
Return on assets
4.4%
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
65 d early
2023
90 d early
2022
49 d late
2021
58 d late
2020
39 d early
2019
41 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€564k▲ 6.8%
2024 · €528k
2018: €116k
2019: €211k
2020: €314k
2021: €324k
2022: €463k
2023: €490k
2024: €528k
2018 → 2025
Total assets
€817k▼ 2.4%
2024 · €837k
2018: €258k
2019: €396k
2020: €414k
2021: €416k
2022: €573k
2023: €598k
2024: €837k
2018 → 2025
Net result
€36k▼ 5.3%
2024 · €38k
2018: €17k
2019: €94k
2020: €103k
2021: €23k
2022: €138k
2023: €28k
2024: €38k
2018 → 2025
Working capital
€387k▲ 0.9%
2024 · €383k
2018: €119k
2019: €211k
2020: €346k
2021: €357k
2022: €485k
2023: €512k
2024: €383k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€324k-€463k▲ 42.6%€490k▲ 6.0%€528k▲ 7.7%€564k▲ 6.8%
Operating result€56k-€211k▲ 277%€54k▼ 74.4%€66k▲ 22.9%€65k▼ 1.6%
Net result€23k-€138k▲ 514%€28k▼ 79.8%€38k▲ 35.7%€36k▼ 5.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €817k
Fixed assets
€401k▲ 0.9%
Current assets
€415k▼ 5.4%
Equity and liabilities €817k
Equity
€564k▲ 6.8%
Debt
€252k▼ 18.2%
The debt ratio falls from 36.9% to 30.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
69.1%▲
2024 · 63.1%
Current ratio
14.41▲
2024 · 7.86
Quick ratio
14.41▲
2024 · 7.86
Debt / equity
0.45▼
2024 · 0.58
ROE
6.4%▼
2024 · 7.2%
ROA
4.4%▼
2024 · 4.5%
Debt
€252k▼
2024 · €308k
Debt ≤ 1 year
€29k▼
2024 · €56k
Debt > 1 year
€224k▼
2024 · €245k
Income taxes
€27k▼
2024 · €35k
Staff costs
€64k▲
2024 · €62k
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€837k€817k▼
Fixed assets21/28€398k€401k▲
Tangible fixed assets22/27€396k€400k▲
Land and buildings22€379k€379k=
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€15k€17k▲
Financial fixed assets28€1k€1k=
Current assets29/58€439k€415k▼
Amounts receivable within one year40/41€334k€264k▼
Trade receivables40€319k€251k▼
Other amounts receivable41€15k€14k▼
Cash at bank and in hand54/58€105k€151k▲
Equity and liabilities
Total equity and liabilities10/49€837k€817k▼
Equity10/15€528k€564k▲
Contributions10/11€19k€19k=
Reserves13€44k€44k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€42k€42k=
Profit (loss) carried forward14€466k€502k▲
Amounts payable17/49€308k€252k▼
Amounts payable after more than one year17€245k€224k▼
Financial debts170/4€245k€224k▼
Amounts payable within one year42/48€56k€29k▼
Trade debts44€29k€12k▼
Suppliers440/4€29k€12k▼
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48€27k€13k▼
Accrued charges and deferred income492/3€7k-
Income statement
Code20242025
Remuneration, social security and pensions62€62k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k-
Other operating charges640/8€5k€4k▼
Gross operating margin9900€141k€134k▼
Operating profit (loss)9901€66k€65k▼
Financial income75/76B€8k€24▼
Recurring financial income75€8k€24▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€73k€63k▼
Income taxes67/77€35k€27k▼
Profit (loss) for the period9904€38k€36k▼
Profit (loss) for the period to be appropriated9905€38k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€466k€502k▲
Profit (loss) brought forward from the previous period14P€428k€466k▲
Social balance
Average headcount (FTE)9087-2.0
The notes to these accounts (7 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €528k ▲7.7%
7 profitable years in a row build equity to €528k.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 49 days late
2022
31-12
Financial
Highest result since 2018net €138k ▲514%
Operating result €211k, net result €138k, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 7.30
Current ratio from 2.51 to 7.30; short-term debt falls from €140k to €55k.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
31-12
Financial
Equity above €200kEq €211k ▲81.3%
2 profitable years in a row build equity to €211k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2006
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.
Van den Hautelei 1622100 AntwerpenGround area
202 m²
Building footprint
137 m²
Volume, LiDAR
807 m³
Parcel 11346B0447/00B002, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
The Walls
since 20062.151.710.517
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0447/00B002 | Flanders | 202 m² | 1 · 137 m² | 11.9 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.
Similar companies · same sector, comparable size
ProBoMa Construct
BE 0818.313.378
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P&B SERVICE
BE 0453.466.585
Oudsbergen · Eq €564k
Verhoeve Belgium
BE 0889.555.029
Antwerpen · Eq €564k
BALKIMMO
BE 0889.782.978
Schaarbeek · Eq €565k
MVEST
BE 0662.506.337
Brussel · Eq €563k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 8,737 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2006
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.