De Wallen
ActiveSummary
De Wallen has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €311k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 15% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-15
Solvency27▼-67
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.47 against 1.92 in 2024; short-term debt: 96.9% and cash: 22% of total assets), and 98.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.6%
Return on assets
5.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 4539 sector peers (2025).
NBB · sector comparisonPosition among 4539 sector peers
Solvency
better than 15%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
7 d early
2023
5 d early
2022
on the day
2021
36 d late
2020
30 d late
2019
90 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€311k▼ 71.5%
2024 · €1.09M
2018: €128k
2019: €206k
2020: €830k
2021: €217k
2022: €167k
2023: €132k
2024: €1.09M
2018 → 2025
Working capital
€-2.70M
2024 · €1.47M
2018: €417k
2019: €838k
2020: €1.91M
2021: €1.71M
2022: €1.68M
2023: €1.14M
2024: €1.47M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.35M-€4.31M▼ 0.8%€4.25M▼ 1.6%€4.19M▼ 1.2%€84k▼ 98.0%
Operating result€341k-€251k▼ 26.5%€196k▼ 21.8%€1.51M▲ 668%€470k▼ 68.8%
Net result€217k-€167k▼ 23.3%€132k▼ 20.7%€1.09M▲ 727%€311k▼ 71.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.26M
Fixed assets
€2.86M ▼ 5.5%
Current assets
€2.40M ▼ 21.7%
Equity and liabilities €5.26M
Equity
€84k ▼ 98.0%
Provisions
€0 ▼ 100%
Debt
€5.17M ▲ 212%
Debt's share of the balance-sheet total rises from 27.2% to 98.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€710k▼
2024 · €1.74M
Cash flow
€550k▼
2024 · €1.32M
Current ratio
0.47▼
2024 · 1.92
Debt to equity
61.61▲
2024 · 0.40
ROE
370.7%▲
2024 · 26.1%
ROA
5.9%▼
2024 · 18.0%
Interest coverage
20.34▼
2024 · 48.36
Debt ≤ 1 year
€5.09M▲
2024 · €1.59M
Income taxes
€360k▼
2024 · €409k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.09M€5.26M▼
Fixed assets21/28€3.02M€2.86M▼
Tangible fixed assets22/27€3.02M€2.86M▼
Land and buildings22€2.95M€2.81M▼
Plant, machinery and equipment23€33k€24k▼
Furniture and vehicles24€35k€21k▼
Current assets29/58€3.06M€2.40M▼
Amounts receivable within one year40/41€39k€44k▲
Trade receivables40€27k€36k▲
Other amounts receivable41€12k€8k▼
Current investments50/53€1.18M€1.18M=
Cash at bank and in hand54/58€1.82M€1.16M▼
Deferred charges and accrued income490/1€28k€17k▼
Equity and liabilities
Total equity and liabilities10/49€6.09M€5.26M▼
Equity10/15€4.19M€84k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€4.12M€9k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€671k€389▼
Distributable reserves133€3.44M€1k▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€234k€0▼
Deferred taxes168€234k€0▼
Amounts payable17/49€1.66M€5.17M▲
Amounts payable within one year42/48€1.59M€5.09M▲
Trade debts44€27k€10k▼
Suppliers440/4€27k€10k▼
Taxes, remuneration and social security45€81k€401k▲
Taxes450/3€81k€401k▲
Remuneration and social security454/9-€300
Other amounts payable47/48€1.49M€4.68M▲
Accrued charges and deferred income492/3€63k€77k▲
Income statement
Code20242025
Non-recurring operating income76A€1.22M€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€231k€239k▲
Other operating charges640/8€82k€76k▼
Gross operating margin9900€1.82M€786k▼
Operating profit (loss)9901€1.51M€470k▼
Financial income75/76B€12k€1k▼
Recurring financial income75€12k€1k▼
Financial charges65/66B€36k€35k▼
Recurring financial charges65€36k€35k▼
Profit (loss) for the period before taxes9903€1.48M€437k▼
Transfer from deferred taxes780€19k€234k▲
Income taxes67/77€409k€360k▼
Profit (loss) for the period9904€1.09M€311k▼
Transfer from tax-exempt reserves789€51k€671k▲
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€1.14M€982k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.14M€982k▼
Transfer from equity791/2€0€3.44M▲
Transfer to equity691/2€28€1k▲
To other reserves6921€28€1k▲
Profit to be distributed694/7€1.14M€4.42M▲
Return on contributions (dividend)694€1.14M€4.42M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.09M ▲727%
Operating result €1.51M, net result €1.09M, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 36 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 2.33
Current ratio from 1.11 to 2.33; short-term debt falls from €3.63M to €628k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Antwerpen · 1 establishment unit since 1966
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.
Marcel De Backerstraat 172180 AntwerpenGround area
1,740 m²
Building footprint
181 m²
Volume, LiDAR
1,675 m³
Parcel 11364F0188/00A003, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Marcel De Backerstraat 17, 2180 Antwerpen
since 19662.015.005.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11364F0188/00A003 | Flanders | 1,740 m² | 1 · 181 m² | 14.8 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
8945009C9KDYEYNEY914
Similar companies · same sector, comparable size
VAKWERKWONINGBOUW
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STWEE
BE 0774.436.122
Tielt · Eq €84,057
BADULAQUE
BE 0841.678.995
Lille · Eq €83,784
IMMOBILIERE DU SART
BE 0436.817.526
Mons · Eq €83,757
WARLOP IMMO
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Tielt · Eq €83,695
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 3,626 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-03-1978
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:nvdewallen@telenet.be