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WALL-IT

Active
Private limited companyfounded 2025active for 1 yearEdward Pynaertkaai 97, 9000 Gent, BelgiumKBO/BCE: BE 1018.831.382
Summary

The computed 12-month bankruptcy probability of WALL-IT is 3.7% (moderate). The 2025 annual accounts show negative equity (-€8,490) and a net result of -€10,990. Its solvency ranks better than 5% of 34,807 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00491999.

Equity
-€8,490
Total assets
€30,573
Net result
-€10,990
Working capital
€15,918

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €30,573
Fixed assets €1,040
Current assets €29,533
Equity and liabilities
Equity-€8,490
Debt€39,062
Equity is negative: debt (€39,062) exceeds the balance-sheet total (€30,573).
Key figures and ratios
2025 value
Solvency
-27.8%
Current ratio
2.17
Quick ratio
0.33
ROA
-35.9%
Debt
€39,062
Debt ≤ 1 year
€13,614
Debt > 1 year
€25,448
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.3% still going

For this company itself Checked computes a bankruptcy probability of 3.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,322 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
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€30,573
Fixed assets21/28€1,040
Tangible fixed assets22/27€1,040
Furniture and vehicles24€1,040
Current assets29/58€29,533
Stocks and contracts in progress3€25,024
Stocks30/36€25,024
Amounts receivable within one year40/41€700
Other amounts receivable41€700
Cash at bank and in hand54/58€3,809
Equity and liabilities
Total equity and liabilities10/49€30,573
Equity10/15-€8,490
Contributions10/11€2,500
Profit (loss) carried forward14-€10,990
Amounts payable17/49€39,062
Amounts payable after more than one year17€25,448
Financial debts170/4€25,448
Amounts payable within one year42/48€13,614
Current portion of amounts payable after more than one year42€7,727
Trade debts44€1,369
Suppliers440/4€1,369
Taxes, remuneration and social security45€3,130
Taxes450/3€3,130
Other amounts payable47/48€1,388
Income statement Code2025
Other operating charges640/8€250
Gross operating margin9900-€8,477
Operating profit (loss)9901-€8,727
Financial charges65/66B€2,263
Recurring financial charges65€2,263
Profit (loss) for the period before taxes9903-€10,990
Profit (loss) for the period9904-€10,990
Profit (loss) for the period to be appropriated9905-€10,990
Appropriation of the result
Profit (loss) to be appropriated9906-€10,990

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€250
Gross operating margin9900-€8,477
Operating profit (loss)9901-€8,727
Financial charges65/66B€2,263
Recurring financial charges65€2,263
Profit (loss) for the period before taxes9903-€10,990
Profit (loss) for the period9904-€10,990
Profit (loss) for the period to be appropriated9905-€10,990
Line2025
Assets
Total assets20/58€30,573
Fixed assets21/28€1,040
Tangible fixed assets22/27€1,040
Furniture and vehicles24€1,040
Current assets29/58€29,533
Stocks and contracts in progress3€25,024
Stocks30/36€25,024
Amounts receivable within one year40/41€700
Other amounts receivable41€700
Cash at bank and in hand54/58€3,809
Equity and liabilities
Total equity and liabilities10/49€30,573
Equity10/15-€8,490
Contributions10/11€2,500
Profit (loss) carried forward14-€10,990
Amounts payable17/49€39,062
Amounts payable after more than one year17€25,448
Financial debts170/4€25,448
Amounts payable within one year42/48€13,614
Current portion of amounts payable after more than one year42€7,727
Trade debts44€1,369
Suppliers440/4€1,369
Taxes, remuneration and social security45€3,130
Taxes450/3€3,130
Other amounts payable47/48€1,388
Line2025
Profit (loss) for the period9904-€10,990
Operating cash flow (approximation)-€10,990

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00491999

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 3,899 active companies whose main activity is floor and wall tiling (NACE 43331), figures are known for 1,822. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.