WALL CONNECT

Active

Private limited companyfounded 20223 yrs activeNoorwegenstraat 51, 9940 Evergem, BelgiumKBO/BCE: BE 0790.830.211

The computed 12-month bankruptcy probability of WALL CONNECT is 2.5% (moderate). The 2024 annual accounts show equity of €357k and a net result of €127k. Its solvency ranks better than 69% of 7426 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

93 / 100

Excellent= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency98▲+1

Growth52

Stability94

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €35k at 30 days acceptable

Liquidity ample (current ratio 2.0 against 1.92 in 2023), and 40.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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

not confirmed

2024

70 d late

2023

60 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, abbreviated schema

Equity

€357k▲ 55.4%

2023 · €230k

2023: €230k

2023 → 2024

Total assets

€604k▲ 57.7%

2023 · €383k

2023: €383k

2023 → 2024

Net result

€127k▼ 43.9%

2023 · €227k

2023: €227k

2023 → 2024

Working capital

€247k▲ 75.2%

2023 · €141k

2023: €141k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€230k-€357k▲ 55.4%

Operating result€335k-€177k▼ 47.4%

Net result€227k-€127k▼ 43.9%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 47% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €604k

18.3%

81.7%

Fixed assets €110k▲ 24.0%

Current assets €493k▲ 68.0%

Equity and liabilities €604k

59.2%

40.8%

Equity €357k▲ 55.4%

Debt €246k▲ 61.2%

The debt ratio rises from 39.9% to 40.8%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€221k▼

2023 · €357k

Cash flow

€172k▼

2023 · €249k

Solvency

59.2%▼

2023 · 60.1%

Current ratio

2.00▲

2023 · 1.92

Quick ratio

2.00▲

2023 · 1.92

Debt / equity

0.69▲

2023 · 0.66

ROE

35.6%▼

2023 · 98.7%

ROA

21.1%▼

2023 · 59.3%

Interest coverage

73.29▼

2023 · 1599.56

Debt

€246k▲

2023 · €153k

Debt ≤ 1 year

€246k▲

2023 · €153k

Income taxes

€46k▼

2023 · €108k

Staff costs

€174k▲

2023 · €67k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€383k€604k▲

Fixed assets21/28€89k€110k▲

Tangible fixed assets22/27€89k€110k▲

Plant, machinery and equipment23€1k€615▼

Furniture and vehicles24€88k€110k▲

Current assets29/58€294k€493k▲

Amounts receivable within one year40/41€119k€126k▲

Trade receivables40€75k€58k▼

Other amounts receivable41€45k€68k▲

Cash at bank and in hand54/58€174k€365k▲

Deferred charges and accrued income490/1-€2k

Equity and liabilities

Total equity and liabilities10/49€383k€604k▲

Equity10/15€230k€357k▲

Contributions10/11€3k€3k=

Reserves13€227k€354k▲

Distributable reserves133€227k€354k▲

Amounts payable17/49€153k€246k▲

Amounts payable within one year42/48€153k€246k▲

Trade debts44€39k€80k▲

Suppliers440/4€39k€80k▲

Taxes, remuneration and social security45€114k€166k▲

Taxes450/3€108k€154k▲

Remuneration and social security454/9€6k€12k▲

Income statement Code20232024

Remuneration, social security and pensions62€67k€174k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€45k▲

Other operating charges640/8€5k€4k▼

Non-recurring operating charges66A€10k€0▼

Gross operating margin9900€439k€400k▼

Operating profit (loss)9901€335k€177k▼

Financial income75/76B€64€9▼

Recurring financial income75€64€9▼

Financial charges65/66B€223€3k▲

Recurring financial charges65€223€3k▲

Profit (loss) for the period before taxes9903€335k€174k▼

Income taxes67/77€108k€46k▼

Profit (loss) for the period9904€227k€127k▼

Profit (loss) for the period to be appropriated9905€227k€127k▼

Appropriation of the result

Profit (loss) to be appropriated9906€227k€127k▼

Transfer to equity691/2€227k€127k▼

To other reserves6921€227k€127k▼

Social balance

Average headcount (FTE)90870.04.9▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

2025

09-10

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 70 days late

2024

29-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 60 days late

NBB filing

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, Evergem · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Noorwegenstraat 519940 Evergem

Ground area

4,956 m²

Building footprint

2,189 m²

Volume, LiDAR

8,190 m³

Parcel 44019B0350/00C000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

WALL CONNECT

Noorwegenstraat 51, 9940 EvergemGeneral electrical installation work

since 20222.335.626.673

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44019B0350/00C000	Flanders	4,956 m²	1 · 2,189 m²	8.9 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

Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 7,210 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-09-2022

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.