Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WALLS from Izegem, company number BE0870214714, closed financial year 2025 with a result of € 47,821 after tax. For that financial year WALLS recorded a gross margin of € 151,556 and equity of € 625,928. Compared with financial year 2024, the result moved from € -23,870 to € 47,821. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.
€ 625,928
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,821
▲ still € 23,870 loss in 2024
Profit after tax over the fiscal year.
€ 72,046
▲ € 63,451 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 125,928.
People and assets in 2025
€ 6,456
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 824,400
▼ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 170,435
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,765
▲ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -48,781 | € -19,304 | € 119,916 | € 151,556 | ▲ 26% |
| Profit after taxes | € -39,739 | € -92,720 | € -23,870 | € 47,821 | ▲ € 71,691 |
| Equity | € 694,698 | € 601,977 | € 578,107 | € 625,928 | ▲ 8% |
| Total debts | € 1,174,731 | € 2,547,948 | € 3,018,894 | € 3,939,814 | ▲ 31% |
| Cash | € 145,258 | € 84,152 | € 8,595 | € 72,046 | ▲ € 63,451 |
| Land & buildings | € 1,237,778 | € 1,372,101 | € 1,326,176 | € 1,097,001 | ▼ 17% |
| Retained profit | € 194,698 | € 101,977 | € 78,107 | € 125,928 | ▲ 61% |
| Bank debt | € 550,400 | € 694,400 | € 949,400 | € 824,400 | ▼ 13% |
| Balance sheet total | € 1,869,429 | € 3,149,926 | € 3,597,002 | € 4,565,742 | ▲ 27% |
Key figures of WALLS, 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 October 2026.
What happened to WALLS?
What happened at WALLS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,821. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Izegem. KBO
In short
From € 39,739 loss in 2022 to € 47,821 profit in 2025.
Best year ever: 2025, with € 47,821 profit.
A new publication or filing at WALLS? We notify you, reason included.
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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
Management
The stake of DERA PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WALLSBehind WALLS are Helene Ramon and Dera Projects BV. The shares are held by DERA PROJECTS (100%).
Directors
According to the 2025 annual accounts
Helene Ramon
Director
Director · represented by Jurgen Ramon
Also active at: GREENSTYLE, DUSOL, CARA PROJECTS
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groenstraat 28
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0870.214.714
- VAT number
- BE 0870.214.714
- Registered office
- Groenstraat 28, 8870 Izegem
- Names & denominations
- WALLS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2004
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
Verhuur van woningen, exclusief sociale woningen
Handel in onroerend goed