WALL SERVICES
InactiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00541990.
Turnover
≈ €550,000
Estimated: probably between €340,000 and €1.0m
Total assets
€2.1m▲ 13.6%
2024 · €1.8m
Net result
-€19,138
2024 · €4,420
Working capital
-€276,520▲ 42.9%
2024 · -€484,683
Trend over the years
2021 to 2025, 5 financial years
The operating result turns negative in 2025: a loss of €16,833 after €26,000 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.02m
2025
Net result-€0.02m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.1m
2025
Equity-€0.01m
2025
Debt€2.1m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.3m
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result-€0.2m-€0.2m€0.01m▼ 93.7%€0.03m▲ 170%-€0.02m
Net result-€0.2m-€0.1m-€0.01m€0.004m-€0.02m
Equity-€0.1m-€0.01m€186▼ 98.3%€0.005m▲ 25×-€0.01m
Total assets€0.7m-€1.0m▲ 52.5%€1.6m▲ 62.1%€1.8m▲ 12.3%€2.1m▲ 13.6%
Debt€0.8m-€1.0m▲ 24.6%€1.6m▲ 63.9%€1.8m▲ 12.0%€2.1m▲ 14.7%
Working capital-€0.5m--€0.6m▼ 11.4%-€0.7m▼ 11.4%-€0.5m▲ 26.6%-€0.3m▲ 42.9%
Staff (FTE)2.4-11.2▲ 367%14▲ 25.0%7.7▼ 45.0%0▼ 100%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€261,988 ▼ 46.5%
Current assets
€1.8m ▲ 35.7%
Equity and liabilities
Equity-€14,532
Debt€2.1m
Equity is negative: debt (€2.1m) exceeds the balance-sheet total (€2.1m).
Key figures and ratios
EBITDA
€113,147▼
2024 · €203,399
Cash flow
€110,841▼
2024 · €181,819
Solvency
-0.7%▼
2024 · 0.3%
Current ratio
0.87▲
2024 · 0.73
ROA
-0.9%▼
2024 · 0.2%
Interest coverage
64.08▲
2024 · 37.27
Debt ≤ 1 year
€2.1m▲
2024 · €1.8m
Income taxes
€1,231▼
2024 · €16,122
Staff costs
€95,298▼
2024 · €644,511
A ratio outside any meaningful range has been withheld (balance sheet total €2.1m, equity -€14,532).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.001m | - |
| Remuneration, social security and pensions62 | €0.1m | €0.9m | €1.1m | €0.6m | €0.1m | ▼ 85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 26.7% |
| Other operating charges640/8 | €0.02m | €0.03m | €0.05m | €0.002m | €0.002m | ▼ 13.5% |
| Non-recurring operating charges66A | €0.03m | €0.003m | €0.2m | €0 | €0.007m | - |
| Gross operating margin9900 | -€0.02m | €1.2m | €1.5m | €0.9m | €0.2m | ▼ 74.5% |
| Operating profit (loss)9901 | -€0.2m | €0.2m | €0.01m | €0.03m | -€0.02m | - |
| Financial income75/76B | - | €174 | €0.008m | €0 | €0.001m | - |
| Recurring financial income75 | - | €174 | €0.008m | €0 | €0.001m | - |
| Financial charges65/66B | €0.001m | €0.002m | €0.004m | €0.005m | €0.002m | ▼ 67.6% |
| Recurring financial charges65 | €0.001m | €0.002m | €0.004m | €0.005m | €0.002m | ▼ 67.6% |
| Profit (loss) for the period before taxes9903 | -€0.2m | €0.2m | €0.01m | €0.02m | -€0.02m | - |
| Income taxes67/77 | €0.001m | €0.003m | €0.02m | €0.02m | €0.001m | ▼ 92.4% |
| Profit (loss) for the period9904 | -€0.2m | €0.1m | -€0.01m | €0.004m | -€0.02m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.2m | €0.1m | -€0.01m | €0.004m | -€0.02m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.7m | €1.0m | €1.6m | €1.8m | €2.1m | ▲ 13.6% |
| Fixed assets21/28 | €0.4m | €0.6m | €0.7m | €0.5m | €0.3m | ▼ 46.5% |
| Tangible fixed assets22/27 | €0.4m | €0.6m | €0.7m | €0.5m | €0.3m | ▼ 47.2% |
| Plant, machinery and equipment23 | €0.2m | €0.2m | €0.2m | €0.1m | €0.05m | ▼ 60.5% |
| Furniture and vehicles24 | €0.2m | €0.4m | €0.4m | €0.3m | €0.2m | ▼ 46.0% |
| Other tangible fixed assets26 | - | - | €0.04m | €0.04m | €0.04m | ▼ 13.1% |
| Financial fixed assets28 | - | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Current assets29/58 | €0.3m | €0.4m | €1.0m | €1.3m | €1.8m | ▲ 35.7% |
| Amounts receivable after more than one year29 | €0.2m | - | - | - | - | - |
| Trade receivables290 | €0.2m | - | - | - | - | - |
| Other amounts receivable291 | €0.003m | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | €0.4m | €0.9m | €1.3m | €1.8m | ▲ 36.8% |
| Trade receivables40 | - | €0.4m | €0.8m | €1.3m | €1.8m | ▲ 34.3% |
| Other amounts receivable41 | - | €0.01m | €0.03m | €0 | €0.03m | - |
| Cash at bank and in hand54/58 | €0.07m | €0.02m | €0.08m | €0.003m | €0.005m | ▲ 55.7% |
| Deferred charges and accrued income490/1 | €0.002m | €0.007m | €0.001m | €0.02m | €0.007m | ▼ 57.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.7m | €1.0m | €1.6m | €1.8m | €2.1m | ▲ 13.6% |
| Equity10/15 | -€0.1m | €0.01m | €186 | €0.005m | -€0.01m | - |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Contributions outside capital11 | €0.1m | - | - | - | - | - |
| Other1109/19 | €0.1m | - | - | - | - | - |
| Profit (loss) carried forward14 | -€0.2m | -€0.09m | -€0.1m | -€0.1m | -€0.1m | ▼ 20.1% |
| Amounts payable17/49 | €0.8m | €1.0m | €1.6m | €1.8m | €2.1m | ▲ 14.7% |
| Amounts payable within one year42/48 | €0.8m | €1.0m | €1.6m | €1.8m | €2.1m | ▲ 14.7% |
| Trade debts44 | €0.1m | €0.2m | €0.5m | €0.03m | €0.06m | ▲ 117% |
| Suppliers440/4 | €0.1m | €0.2m | €0.5m | €0.03m | €0.06m | ▲ 117% |
| Taxes, remuneration and social security45 | €0.06m | €0.07m | €0.2m | €0.2m | €0.08m | ▼ 52.0% |
| Taxes450/3 | €0.04m | €0.008m | €0.03m | €0.1m | €0.02m | ▼ 82.6% |
| Remuneration and social security454/9 | €0.02m | €0.06m | €0.1m | €0.06m | €0.06m | = |
| Other amounts payable47/48 | €0.6m | €0.8m | €0.9m | €1.6m | €1.9m | ▲ 20.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€237,233 | €148,183 | -€10,764 | €4,420 | -€19,138 | - |
| + Depreciation and write-downs630 | €22,628 | €107,186 | €157,972 | €177,399 | €129,979 | ▼ 26.7% |
| Operating cash flow (approximation) | -€214,605 | €255,369 | €147,208 | €181,819 | €110,841 | ▼ 39.0% |
| Investment in fixed assets (approximation) | - | -€316,244 | -€214,761 | -€5,943 | €97,322 | - |
| Change in cash | - | -€44,641 | €57,913 | -€76,610 | €1,742 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00541990 |
| 31-12-2024 | abbreviated format | 11-09-2025 | 2025-00491845 |
| 31-12-2023 | abbreviated format | 04-10-2024 | 2024-00498619 |
| 31-12-2022 | abbreviated format | 12-10-2023 | 2023-00486543 |
| 31-12-2021 | abbreviated format | 07-11-2022 | 2022-20517870 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.