What does THE WALLFASHION HOUSE do?

THE WALLFASHION HOUSE is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 13 March 2020, 1 establishment.

What is the address of THE WALLFASHION HOUSE?

The registered office of THE WALLFASHION HOUSE is located at Wakkensesteenweg 49, 8700 Tielt.

Is THE WALLFASHION HOUSE still active?

Yes. According to the CBE (29 September 2026) THE WALLFASHION HOUSE is active, legal situation “Normale toestand”, started on 13 March 2020.

Is THE WALLFASHION HOUSE registered on Peppol?

Yes, THE WALLFASHION HOUSE is registered on the Peppol network with ID 0208:0745385810.

What is the enterprise number of THE WALLFASHION HOUSE?

The enterprise number of THE WALLFASHION HOUSE is BE0745385810.

When was THE WALLFASHION HOUSE founded?

THE WALLFASHION HOUSE was founded on 13 March 2020.

Who are the directors of THE WALLFASHION HOUSE?

According to the 2025 annual accounts, the directors of THE WALLFASHION HOUSE are: Vision@Work BV, David De Peuter, DOWN2EARTH CAPITAL II CV, L/L Plus BV, Echolima BV, Laurens Boriale.

Is THE WALLFASHION HOUSE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 March 2020; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did THE WALLFASHION HOUSE make in 2025?

THE WALLFASHION HOUSE recorded a loss after taxes of € 119,068 in financial year 2025.

What is the revenue of THE WALLFASHION HOUSE?

In its most recent annual accounts (2025), THE WALLFASHION HOUSE reported revenue of € 1,703,584.

THE WALLFASHION HOUSE (Public Limited) - Tielt

Dossier THE WALLFASHION HOUSE, printed on 29 September 2026 from databakkes.be/en/0745385810/the-wallfashion-house. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

THE WALLFASHION HOUSE from Tielt, company number BE0745385810, closed financial year 2025 with a result of € -119,068 after tax. For that financial year THE WALLFASHION HOUSE recorded revenue of € 1.7 million and equity of € 21.2 million. Compared with financial year 2024, the result moved from € -271,408 to € -119,068. 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 June 11, 2026.

What it is worth Healthy

€ 21.2 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -119,068

▲ 56 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 73,211

▼ 56% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -2 million.

Debts at end 2025

Bank debt

€ 5.1 million

▲ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 522,350

▼ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 102 days on average.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,317,063 Revenue 2022: € 1,317,063 First fiscal year in the series	€ 1,339,904 Revenue 2023: € 1,339,904 ▲ 2% vs 2022 (€ 1,317,063) Favourable step	€ 1,690,003 Revenue 2024: € 1,690,003 ▲ 26% vs 2023 (€ 1,339,904) Favourable step	€ 1,703,584 Revenue 2025: € 1,703,584 ▲ 1% vs 2024 (€ 1,690,003) Favourable step	▲ 1%
Profit after taxes	€ -201,671 Profit after taxes 2022: € -201,671 First fiscal year in the series	€ -56,898 Profit after taxes 2023: € -56,898 ▲ € 144,773 vs 2022 (€ -201,671) Favourable step	€ -271,408 Profit after taxes 2024: € -271,408 ▼ € 214,510 vs 2023 (€ -56,898) Unfavourable step	€ -119,068 Profit after taxes 2025: € -119,068 ▲ € 152,341 vs 2024 (€ -271,408) Favourable step	▲ € 152,341
Equity	€ 11,134,933 Equity 2022: € 11,134,933 First fiscal year in the series	€ 11,078,035 Equity 2023: € 11,078,035 ▼ 1% vs 2022 (€ 11,134,933) Unfavourable step	€ 21,269,127 Equity 2024: € 21,269,127 ▲ 92% vs 2023 (€ 11,078,035) Favourable step	€ 21,150,059 Equity 2025: € 21,150,059 ▼ 1% vs 2024 (€ 21,269,127) Unfavourable step	▼ 1%
Total debts	€ 5,436,056 Total debts 2022: € 5,436,056 First fiscal year in the series	€ 7,108,160 Total debts 2023: € 7,108,160 ▲ 31% vs 2022 (€ 5,436,056) Unfavourable step	€ 7,798,531 Total debts 2024: € 7,798,531 ▲ 10% vs 2023 (€ 7,108,160) Unfavourable step	€ 8,278,602 Total debts 2025: € 8,278,602 ▲ 6% vs 2024 (€ 7,798,531) Unfavourable step	▲ 6%
Cash	€ 48,690 Cash 2022: € 48,690 First fiscal year in the series	€ 187,342 Cash 2023: € 187,342 ▲ 285% vs 2022 (€ 48,690) Favourable step	€ 167,087 Cash 2024: € 167,087 ▼ 11% vs 2023 (€ 187,342) Unfavourable step	€ 73,211 Cash 2025: € 73,211 ▼ 56% vs 2024 (€ 167,087) Unfavourable step	▼ 56%
Retained profit	€ -1,565,067 Retained profit 2022: € -1,565,067 First fiscal year in the series	€ -1,621,965 Retained profit 2023: € -1,621,965 ▼ € 56,898 vs 2022 (€ -1,565,067) Unfavourable step	€ -1,893,373 Retained profit 2024: € -1,893,373 ▼ € 271,408 vs 2023 (€ -1,621,965) Unfavourable step	€ -2,012,441 Retained profit 2025: € -2,012,441 ▼ € 119,068 vs 2024 (€ -1,893,373) Unfavourable step	▼ € 119,068
Bank debt	€ 2,858,577 Bank debt 2022: € 2,858,577 First fiscal year in the series	€ 4,380,912 Bank debt 2023: € 4,380,912 ▲ 53% vs 2022 (€ 2,858,577) Unfavourable step	€ 4,732,345 Bank debt 2024: € 4,732,345 ▲ 8% vs 2023 (€ 4,380,912) Unfavourable step	€ 5,110,942 Bank debt 2025: € 5,110,942 ▲ 8% vs 2024 (€ 4,732,345) Unfavourable step	▲ 8%
Balance sheet total	€ 16,570,989 Balance sheet total 2022: € 16,570,989 First fiscal year in the series	€ 18,186,195 Balance sheet total 2023: € 18,186,195 ▲ 10% vs 2022 (€ 16,570,989) Unchanged	€ 29,067,658 Balance sheet total 2024: € 29,067,658 ▲ 60% vs 2023 (€ 18,186,195) Unchanged	€ 29,428,662 Balance sheet total 2025: € 29,428,662 ▲ 1% vs 2024 (€ 29,067,658) Unchanged	▲ 1%

Key figures of THE WALLFASHION HOUSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to THE WALLFASHION HOUSE?

What happened at THE WALLFASHION HOUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Vision@Work BV stepped down as director. NBB
2030 David De Peuter stepped down as director. NBB
2030 DOWN2EARTH CAPITAL II CV stepped down as director. NBB
2030 L/L Plus BV stepped down as director. NBB
2030 Echolima BV stepped down as director. NBB
2030 Laurens Boriale stepped down as director. NBB
Jun 11, 2026 New annual accounts for financial year 2025: loss of € 119,068. Source: NBB ↗
2025 Vision@Work BV became a director. NBB

In short

From € 201,671 loss in 2022 to € 119,068 loss in 2025.

Pays suppliers within 102 days on average.

Original PDFs at the National Bank ↗

A new publication or filing at THE WALLFASHION HOUSE? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Down2Earth Capital II 57.2%

GIMV NV 34.2%

Others 8.6%

THE WALLFASHION HOUSE

Rasch Wallfashion Group - Germany GmbH 100%

Grandeco Wallfashion Group Belgium 100%

The shares are held by Down2Earth Capital II (57.2%), GIMV NV (34.2%) and Others (8.6%). It owns 100% of Rasch Wallfashion Group - Germany GmbH and 100% of Grandeco Wallfashion Group Belgium itself.

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