WALL
InactiveWALL was declared bankrupt on 16-05-2022 (Tribunal de l’entreprise du Hainaut, division Charleroi); the bankruptcy was closed for insufficient assets by judgment of 14-04-2025, published in the Belgian State Gazette on 28-04-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 09-08-2021, 9 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
9 d late
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 53 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, full schema
Turnover
€296,690▼ 41.8%
2019 · €509,811
EBIT margin
6.8%▲ 8.3pp
2019 · -1.5%
Net result
€25,181
2019 · -€8,113
Working capital
€62,772▲ 51.3%
2019 · €41,491
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€352,445-€509,811▲ 44.6%€296,690▼ 41.8%
Operating result-€7,894--€7,719▲ 2.2%€20,181
Net result-€8,305--€8,113▲ 2.3%€25,181
EBIT margin-2.2%--1.5%▲ 0.7pp6.8%▲ 8.3pp
Equity€27,204-€19,091▼ 29.8%€44,272▲ 132%
Total assets€103,191-€114,078▲ 10.5%€107,178▼ 6.0%
Debt€75,987-€94,987▲ 25.0%€62,906▼ 33.8%
Working capital€27,204-€41,491▲ 52.5%€62,772▲ 51.3%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €20,181 after a loss of €7,719 in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €107,178
Equity
€44,272 ▲ 132%
Debt
€62,906 ▼ 33.8%
Debt's share of the balance-sheet total falls from 83.3% to 58.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.41▲
2019 · 1.57
Debt to equity
0.42▼
2019 · 1.17
ROE
56.9%▲
2019 · -42.5%
ROA
23.5%▲
2019 · -7.1%
Debt ≤ 1 year
€44,406▼
2019 · €72,587
Debt > 1 year
€18,501▼
2019 · €22,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €352,445 | €509,811 | €296,690 | ▼ 41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,192 | - | - |
| Gross operating margin9900 | €9,438 | -€5,631 | €20,434 | ▲ 463% |
| Operating profit (loss)9901 | -€7,894 | -€7,719 | €20,181 | ▲ 361% |
| Recurring financial income75 | - | - | €5,000 | - |
| Recurring financial charges65 | - | - | €0 | - |
| Profit (loss) for the period before taxes9903 | -€7,894 | -€7,719 | €25,181 | ▲ 426% |
| Income taxes67/77 | €411 | €393 | - | - |
| Profit (loss) for the period9904 | -€8,305 | -€8,113 | €25,181 | ▲ 410% |
| Profit (loss) for the period to be appropriated9905 | -€8,305 | -€8,113 | €25,181 | ▲ 410% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €103,191 | €114,078 | €107,178 | ▼ 6.0% |
| Current assets29/58 | €103,191 | €114,078 | €107,178 | ▼ 6.0% |
| Amounts receivable within one year40/41 | €55,255 | €29,076 | €1,635 | ▼ 94.4% |
| Cash at bank and in hand54/58 | €5,937 | €9,002 | €105,544 | ▲ 1,072% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €103,191 | €114,078 | €107,178 | ▼ 6.0% |
| Equity10/15 | €27,204 | €19,091 | €44,272 | ▲ 132% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,792 | €1,792 | €1,792 | = |
| Profit (loss) carried forward14 | €13,012 | €4,899 | €30,080 | ▲ 514% |
| Amounts payable17/49 | €75,987 | €94,987 | €62,906 | ▼ 33.8% |
| Amounts payable after more than one year17 | - | €22,400 | €18,501 | ▼ 17.4% |
| Amounts payable within one year42/48 | €75,987 | €72,587 | €44,406 | ▼ 38.8% |
| Trade debts44 | €75,987 | €72,587 | €44,406 | ▼ 38.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,305 | -€8,113 | €25,181 | ▲ 410% |
| + Depreciation and write-downs630 | - | €1,192 | - | - |
| Operating cash flow (approximation) | -€8,305 | -€6,921 | €25,181 | ▲ 464% |
| Change in cash | - | €3,065 | €96,542 | ▲ 3,050% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Charleroi · event 14-04-2025
2022
02-06
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 16-05-2022
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 9 days late
2020
31-12
Financial
Back to profitnet €25,181
Net result €25,181 after 2 loss-making years.
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 96 days late
2019
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
11-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
17-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 48 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEPHANE GUCHEZ RUE DU PARC 49, 6000 CHAR-
LEROI- .
Date provisoire de cessation de paiement : 16/05/2022 |
16-05-2022 → 14-04-2025 |