WALL-IMMO
ActiveSummary
WALL-IMMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,504 and a net result of -€2,544. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-94
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.1%
Return on assets
-28.9%
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 12-07-2026, 19 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
19 d early
2024
11 d early
2023
14 d late
2022
143 d late
2021
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 33 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€37,057
EBIT margin
23.0%
Net result
-€2,544
2024 · €2,486
Working capital
€7,504▼ 25.3%
2024 · €10,049
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
Line20212022202320242025
Turnover€37,057-
Operating result€8,535--€9,774€4,144€2,722▼ 34.3%-€2,207
Net result€8,912within the sector's middle half--€9,891below the sector's middle half€3,542within the sector's middle half€2,486within the sector's middle half▼ 29.8%-€2,544within the sector's middle half
EBIT margin23.0%-
Equity€13,912below the sector's middle half-€4,021below the sector's middle half▼ 71.1%€7,563below the sector's middle half▲ 88.1%€10,049within the sector's middle half▲ 32.9%€7,504within the sector's middle half▼ 25.3%
Total assets€16,308below the sector's middle half-€7,451below the sector's middle half▼ 54.3%€7,967below the sector's middle half▲ 6.9%€10,971below the sector's middle half▲ 37.7%€8,817below the sector's middle half▼ 19.6%
Debt€2,396-€3,430▲ 43.1%€404▼ 88.2%€922▲ 128%€1,312▲ 42.3%
Working capital€13,912-€4,021▼ 71.1%€7,563▲ 88.1%€10,049▲ 32.9%€7,504▼ 25.3%
Solvency85.3%above the sector's middle half-54.0%within the sector's middle half▼ 31.3pp94.9%above the sector's middle half▲ 41.0pp91.6%above the sector's middle half▼ 3.3pp85.1%above the sector's middle half▼ 6.5pp
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
The operating result turns negative in 2025: a loss of €2,207 after €2,722 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €8,817
Equity
€7,504 ▼ 25.3%
Debt
€1,312 ▲ 42.3%
Debt's share of the balance-sheet total rises from 8.4% to 14.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
6.72▼
2024 · 11.90
Debt to equity
0.17▲
2024 · 0.09
ROE
-33.9%▼
2024 · 24.7%
ROA
-28.9%▼
2024 · 22.7%
Debt ≤ 1 year
€1,312▲
2024 · €922
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,595 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.3%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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%.
| 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 3,595 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €37,057 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €26,489 | €9,347 | - | - | - | - |
| Other operating charges640/8 | €2,033 | €427 | €934 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €10,568 | -€9,347 | €5,078 | €3,109 | -€1,808 | ▼ 158% |
| Operating profit (loss)9901 | €8,535 | -€9,774 | €4,144 | €2,722 | -€2,207 | ▼ 181% |
| Financial income75/76B | €2,250 | - | - | - | - | - |
| Recurring financial income75 | €2,250 | - | - | - | - | - |
| Non-recurring financial income76B | €2,250 | - | - | - | - | - |
| Financial charges65/66B | €193 | €117 | €248 | €85 | €337 | ▲ 298% |
| Recurring financial charges65 | €193 | €117 | €248 | €85 | €337 | ▲ 298% |
| Profit (loss) for the period before taxes9903 | €10,592 | -€9,891 | €3,896 | €2,637 | -€2,544 | ▼ 196% |
| Income taxes67/77 | €1,680 | - | €354 | €151 | - | - |
| Profit (loss) for the period9904 | €8,912 | -€9,891 | €3,542 | €2,486 | -€2,544 | ▼ 202% |
| Profit (loss) for the period to be appropriated9905 | €8,912 | -€9,891 | €3,542 | €2,486 | -€2,544 | ▼ 202% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,308 | €7,451 | €7,967 | €10,971 | €8,817 | ▼ 19.6% |
| Current assets29/58 | €16,308 | €7,451 | €7,967 | €10,971 | €8,817 | ▼ 19.6% |
| Amounts receivable within one year40/41 | €10,189 | €3,527 | €3,299 | €7,321 | €8,270 | ▲ 13.0% |
| Trade receivables40 | €8,599 | €2,237 | - | €184 | - | - |
| Other amounts receivable41 | €1,590 | €1,289 | €3,299 | €7,136 | €8,270 | ▲ 15.9% |
| Cash at bank and in hand54/58 | €6,119 | €3,924 | €4,667 | €3,382 | €21 | ▼ 99.4% |
| Deferred charges and accrued income490/1 | - | - | - | €268 | €526 | ▲ 96.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,308 | €7,451 | €7,967 | €10,971 | €8,817 | ▼ 19.6% |
| Equity10/15 | €13,912 | €4,021 | €7,563 | €10,049 | €7,504 | ▼ 25.3% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | - | €3,542 | €5,049 | €5,049 | = |
| Distributable reserves133 | - | - | €3,542 | €5,049 | €5,049 | = |
| Profit (loss) carried forward14 | €8,912 | -€979 | -€979 | - | -€2,544 | - |
| Amounts payable17/49 | €2,396 | €3,430 | €404 | €922 | €1,312 | ▲ 42.3% |
| Amounts payable within one year42/48 | €2,396 | €3,430 | €404 | €922 | €1,312 | ▲ 42.3% |
| Trade debts44 | €716 | €1,750 | €50 | €387 | €1,162 | ▲ 200% |
| Suppliers440/4 | €190 | €1,750 | €50 | €387 | €1,162 | ▲ 200% |
| Bills of exchange payable441 | €526 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €1,680 | €1,680 | €354 | €535 | €151 | ▼ 71.8% |
| Taxes450/3 | €1,680 | €1,680 | €354 | €535 | €151 | ▼ 71.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,912 | -€9,891 | €3,542 | €2,486 | -€2,544 | ▼ 202% |
| Operating cash flow (approximation) | €8,912 | -€9,891 | €3,542 | €2,486 | -€2,544 | ▼ 202% |
| Change in cash | - | -€2,195 | €743 | -€1,285 | -€3,361 | ▼ 162% |
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
Next filing, fiscal year 2026, expected by
2026
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Back to profitnet €3,542
Net result €3,542 after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 19.71
Current ratio from 2.17 to 19.71; short-term debt falls from €3,430 to €404.
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 143 days late
2022
31-12
Financial
Weakest financial yearnet -€9,891
Net result drops to -€9,891, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Tournai · 1 establishment unit since 2020
Ground area
228 m²
Building footprint
43 m²
Volume, LiDAR
389 m³
Parcel 57081I0361/00T004, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WALL-IMMO
since 20202.310.427.162
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57081I0361/00T004 | Wallonia | 227 m² | 1 · 43 m² | 10.5 m · 3 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.
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RAPOSA
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SWITCH INVEST
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,907. 2,545 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
Founded26-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0752951513
Also
9925:BE0752951513
Registered
29-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.