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BE 0598.751.405Private limited company (pre-2019)Open bankruptcy
Wallprojects
Luipaardstraat(Kor) 12/2 ·8500 Kortrijk, Belgium· 11 yrs active
Sector: Joinery
(43320)
Conclusion
A bankruptcy procedure is open for Wallprojects according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €165k and a net result of €87k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €165k |
| Net result | €87k |
| Staff (FTE) | 2 |
| Active | 11 yrs |
Snowflake analysis
48
/ 100
Mixed profile: strong on profitability, weaker on stability.
Health
20
Profitability
100
Solvency
70
Growth
50
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
20
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 19-06-2020 with the NBB · fiscal year 2019 · verkort
| Fiscal year | 2019 |
|---|---|
| Revenue | - |
| EBITDA | €128k |
| Net profit | €87k |
| Cash flow | €93k |
| Staff costs | - |
| Income taxes | €21k |
| Dividends | - |
| Total assets | €568k |
| Equity | €165k |
| Debt | €403k |
| of which ≤ 1y | €303k |
| of which > 1y | €101k |
| Working capital | €104k |
| Employees (FTE) | 2.0 |
Ratios (computed)
| 2019 | |
|---|---|
| Current ratio | 1.34 |
| Quick ratio | 1.34 |
| Working capital ratio | 18.4% |
| Solvency | 29.0% |
| Debt / equity | 0.61 |
| Long-term debt ratio | 0.61 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 15.3% |
| ROE | 52.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €568k |
| Fixed assets | 21/28 | €161k |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €155k |
| Current assets | 29/58 | €407k |
| Amounts receivable within one year | 40/41 | €383k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €568k |
| Equity | 10/15 | €165k |
| Contributions / capital | 10/11 | €15k |
| Reserves | 13 | €63k |
| Accumulated profits (losses) | 14 | €87k |
| Amounts payable | 17/49 | €403k |
| Amounts payable after one year | 17 | €101k |
| Amounts payable within one year | 42/48 | €303k |
| Trade debts payable within one year | 44 | €246k |
| Income statement | ||
| Gross operating margin | 9900 | €222k |
| Operating result | 9901 | €122k |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €107k |
| Income taxes | 67/77 | €21k |
| Net result for the period | 9904 | €85k |
| Result to be appropriated | 9905 | €85k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | SOFIE DEBUSSCHERE PRES. ROOSEVELTPLEIN 1,
8500 KORTRIJK |
21-09-2021 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Joinery(43320) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 17-02-2015 |
| Status | Active |
| Postal code | 8500 |
| First BS signal | 27-09-2021 |
| Latest BS signal | 27-09-2021 |
Company structure, linked entities
Mandates
Establishment units
Wallprojects
since 20152.239.697.435
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0339/00R000 | Flanders | 1.6 ha | 1 · 4,674 m² | 21.0 m · 5 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2021
27-09-2021
Bankruptcy
Opening
2020
19-06-2020
NBB filing
Annual accounts filed
2019
21-02-2019
NBB filing
Annual accounts filed
2018
31-01-2018
NBB filing
Annual accounts filed
2017
30-01-2017
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
27-09-2021
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Schrijnwerk43320Schrijnwerk43320
Primary activity highlighted.
Names & trade names
| Legal nameNL | Wallprojects |
| Trade nameNL | Wallprojects |
Registered office
Luipaardstraat(Kor) 12/2
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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