Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.6 to 4.9.
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Figures corrected NBB
Corrected annual account filed for 2023, 2024.
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Busy address KBO
48 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WALLINDUSTRIES from Fleurus, company number BE0448354388, closed financial year 2025 with a result of € -197,906 after tax. For that financial year WALLINDUSTRIES recorded a gross margin of € 1 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 70,632 to € -197,906. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 3.6 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -197,906
▼ still € 70,632 profit in 2024
Profit after tax over the fiscal year.
€ 847,915
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.8 million.
People and assets in 2025
4.9
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 351,841
▼ 10% vs 2024
€ 71,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 241,147
▼ 30% vs 2024
Of which on lease € 70,774.
Debts at end 2025
€ 3.1 million
▲ 6% vs 2024
€ 605,883 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.1 million
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 170,387
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,650,576 | € 1,455,833 | € 1,373,500 | € 1,045,728 | ▼ 24% |
| Profit after taxes | € 330,665 | € 139,127 | € 70,632 | € -197,906 | ▼ € 268,538 |
| Equity | € 4,152,062 | € 3,737,796 | € 3,808,428 | € 3,610,522 | ▼ 5% |
| Total debts | € 3,936,446 | € 5,113,197 | € 5,610,842 | € 5,259,979 | ▼ 6% |
| Cash | € 151,144 | € 354,084 | € 822,416 | € 847,915 | ▲ 3% |
| Land & buildings | € 4,004,745 | € 4,224,965 | € 4,605,298 | € 4,398,864 | ▼ 4% |
| Retained profit | € -3,799,830 | € -3,660,703 | € -3,590,071 | € -3,787,977 | ▼ € 197,906 |
| Bank debt | € 1,320,393 | € 3,056,073 | € 2,881,564 | € 3,062,679 | ▲ 6% |
| Balance sheet total | € 8,140,181 | € 9,037,826 | € 9,586,021 | € 9,017,137 | ▼ 6% |
| Employees (FTE) | 7.8 | 6.6 | 5.6 | 4.9 | ▼ 0.7 |
Key figures of WALLINDUSTRIES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to WALLINDUSTRIES?
What happened at WALLINDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MANAHANA SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 197,906 (▼ € 268,538 vs 2024). filed late Source: NBB ↗
- SERVICE CONSULTANCE ARGENTO FRANCO SRL stepped down as director. NBB
- TWO.P. MANAGEMENT S.A. stepped down as director. NBB
- MANAHANA SRL became a director. NBB
- TWO.P. MANAGEMENT S.A. became a director. NBB
- SERVICE CONSULTANCE ARGENTO FRANCO SRL became a director. NBB
- New establishment in Fleurus. KBO
In short
From € 330,665 profit in 2022 to € 197,906 loss in 2025.
Paid € 280,558 in corporate taxes since 2022.
Best year ever: 2022, with € 330,665 profit.
On average € 213,400 of value added per employee in 2025.
Management
The stake of SPLIMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WALLINDUSTRIESThe shares are held by SPLIMO (34%). It owns 100% of NEW CCD SA, 35% of FAIRSUN SAS, 27% of FAIRWIND SA and 26% of SISTAN SA itself.
Directors
According to the 2025 annual accounts
SERVICE CONSULTANCE ARGENTO FRANCO SRL
Director · represented by Franco ARGENTO
since 2019 · until 2025
Chairman of the board, Managing director · represented by Joseph STRAZZANTE
Also active at: STRASAL, L'EPAGNEUL, WOW COMPANY INTERNATIONAL, WALLGLASS, CC MAC, BATIFLOW
since 2019 · until 2025
since 2023 · until 2029
Shareholders
34%
Participations
Establishments
Establishment units
Physical locations of this company
Avenue de Spirou(FL) 32
6220 Fleurus
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 48 companies are registered at this address.
All companies at this address →STRASAL same network
€ 1.4 million gross margin · 2025
RESIDENCE WERSON
€ 6.7 million revenue · 2025
LA CENTRALE HYPOTHECAIRE
€ -3,257 gross margin · 2025
MECACONNECT
2 CALL BAT
€ 188,838 gross margin · 2024
+43 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.354.388
- VAT number
- BE 0448.354.388
- Registered office
- Avenue de Spirou(FL) 32, 6220 Fleurus
- Names & denominations
- WALLINDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1992
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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