Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of WonderWalls is 2.7% (moderate). The 2024 annual accounts show negative equity (€-21k) and a net result of €28k. Equity is shrinking by ~45.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 43 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not confirmed | - |
| 31-12-2024 | 31-07-2025 | 30-09-2025 | 61 d late | 2025-00523240 |
| 31-12-2023 | 31-07-2024 | 23-12-2024 | 145 d late | 2024-00622986 |
| 31-12-2022 | 31-07-2023 | 27-06-2023 | 34 d early | 2023-00168961 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -63.4% | 53.3% | |
| Net result | €28k | €-19k | |
| Equity | €-21k | €685k | |
| Gross operating margin | €47k | €7k | |
| Staff costs | €16k | €723k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €30k |
| Net profit | €28k |
| Cash flow | €30k |
| Staff costs | €16k |
| Income taxes | - |
| Dividends | - |
| Total assets | €33k |
| Equity | €-21k |
| Debt | €53k |
| of which ≤ 1y | €53k |
| of which > 1y | - |
| Working capital | €-23k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.57 |
| Quick ratio | 0.57 |
| Working capital ratio | -70.8% |
| Solvency | -63.4% |
| Debt / equity | -2.58 |
| Long-term debt ratio | - |
| Interest coverage | 253.52 |
| Gross margin | - |
| Net margin | - |
| ROA | 85.7% |
| ROE | -135.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €33k |
| Fixed assets | 21/28 | €2k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €767 |
| Current assets | 29/58 | €30k |
| Amounts receivable within one year | 40/41 | €19k |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €33k |
| Equity | 10/15 | €-21k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-41k |
| Amounts payable | 17/49 | €53k |
| Amounts payable within one year | 42/48 | €53k |
| Trade debts payable within one year | 44 | €512 |
| Income statement | ||
| Gross operating margin | 9900 | €47k |
| Operating result | 9901 | €28k |
| Financial income | 75 | €61 |
| Financial charges | 65 | €117 |
| Result before taxes | 9903 | €28k |
| Net result for the period | 9904 | €28k |
| Result to be appropriated | 9905 | €28k |
Health barometer
FY 2024 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K1420/00G000 | Brussels | 4,945 m² | 1 · 1,311 m² | 28.5 m · 7 fl. |
| 21447B0342/00E008 | Brussels | 322 m² | 1 · 153 m² | 16.1 m · 4 fl. |
Publications
Lifecycle & Insolvency Signals
Belgian State Gazette · acts
0 of 1 acts readWe know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.
Analysis
Financial profile
5 of 5 axes measuredFragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | WonderWalls |