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ANWO

Active
Private limited company·Goederenvervoer over de weg· 5 yrs active
Korte Elzenstraat 17 ·2440 Geel, Belgium
BE 0765.591.009
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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ANWO is 5.5% (elevated). The 2024 annual accounts show negative equity (€-951) and a net result of €-1k. Equity is shrinking by ~138.6% per year across the filed fiscal years. Its solvency ranks better than 15% of 2245 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
5.5% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-1k+69.9%
Working capital€-951

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 25-06-2025 with the NBB · fiscal year 2024 · micro
€-6k€-4k€-2k€0€2kOperating result 2021: €1k€1kNet result 2021: €514€514Operating result 2022: €-5k€-5kNet result 2022: €-5k€-5kOperating result 2023: €-4k€-4kNet result 2023: €-5k€-5kOperating result 2024: €-1k€-1kNet result 2024: €-1k€-1k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~138.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-20k€-10k€0€10k2025: €-7k (€-8k - €-6k)2026: €-11k (€-14k - €-9k)2027: €-16k (€-19k - €-13k)2021: €11k2022: €5k2023: €4802024: €-9512021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How 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).

Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -8.1% 27.4%
better than 15% of 2245 sector peers
Net result €-1k €6k
better than 27% of 2229 sector peers
Equity €-951 €17k
better than 18% of 2251 sector peers
Gross operating margin €-342 €28k
better than 12% of 2218 sector peers
Total assets €12k €65k
better than 11% of 2246 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P15
2021: P56 · n=7522022: P47 · n=13082023: P22 · n=17942024: P15 · n=22452021 2024
Weakening position over 2021-2024 · n=752-2245
Net result P27
2021: P34 · n=7392022: P19 · n=12962023: P21 · n=17732024: P27 · n=22292021 2024
Stable position over 2021-2024 · n=739-2229
Equity P18
2021: P36 · n=7532022: P29 · n=13172023: P21 · n=18052024: P18 · n=22512021 2024
Weakening position over 2021-2024 · n=753-2251
Gross operating margin P12
2021: P18 · n=7382022: P8 · n=12892023: P8 · n=17612024: P12 · n=22182021 2024
Stable position over 2021-2024 · n=738-2218
Describes the position versus peers, not a forecast.
EBITDA
€-1k
+74.7% far below sector median
Net profit
€-1k
+69.9% +27% vs sector
Cash flow
€-1k
+70.4% far below sector median
Total assets
€12k
-24.7% -92% vs sector
Equity
€-951
- far below sector median
Working capital
€-951
- far below sector median
Income taxes
€222
-0.6% -40% vs sector
Debt
€13k
-16.1% -61% vs sector
Debt ≤ 1y
€13k
-16.1% -60% vs sector
Current ratio
0.93
-9.9% -84% vs sector
Quick ratio
0.93
-9.9% -84% vs sector
Solvency
-8.1%
- far below sector median
Debt / equity
-13.39
- far below sector median
ROE
150.5%
- far above sector median
ROA
-12.1%
+60.0% -67% vs sector
Interest coverage
-27.98
+74.7% far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-1k
Net profit€-1k
Cash flow€-1k
Staff costs-
Income taxes€222
Dividends-
Total assets€12k
Equity€-951
Debt€13k
of which ≤ 1y€13k
of which > 1y-
Working capital€-951
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.93
Quick ratio0.93
Working capital ratio-8.1%
Solvency-8.1%
Debt / equity-13.39
Long-term debt ratio-
Interest coverage-27.98
Gross margin-
Net margin-
ROA-12.1%
ROE150.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€12k
Current assets 29/58€12k
Amounts receivable within one year 40/41€6k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€12k
Equity 10/15€-951
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€-11k
Amounts payable 17/49€13k
Amounts payable within one year 42/48€13k
Income statement
Gross operating margin 9900€-342
Operating result 9901€-1k
Financial income 75€0
Financial charges 65€39
Result before taxes 9903€-1k
Income taxes 67/77€222
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
20 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
ANWO
Korte Elzenstraat 17, 2440 GeelGoederenvervoer over de weg
since 20212.315.794.727
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area713 m²
Buildings1
Building footprint144 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13374F0286/00C002 Flanders 713 m² 1 · 144 m² 0.0 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health20Profitability100Solvency43Growth32Stability94
58 / 100

Mixed profile: strong on profitability, weaker on health.

Health 20
Profitability 100
Solvency 43
Growth 32
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
Legal nameNL ANWO
Registered office
Korte Elzenstraat 17
2440 Geel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.