AWP
ActiveAWP has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.43M and a net result of €128k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 5.11 against 4.29 in 2024; short-term debt: 16.2% and cash: 47.2% of total assets), and 16.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.7%
Return on assets
7.5%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
42 d early
2023
54 d early
2022
41 d early
2020
44 d early
2019
44 d early
2018
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.43M▲ 9.9%
2024 · €1.30M
2018: €583k
2019: €699k
2020: €798k
2022: €1.02M
2023: €1.21M
2024: €1.30M
2018 → 2025
Total assets
€1.71M▲ 4.8%
2024 · €1.63M
2018: €1.14M
2019: €1.12M
2020: €1.18M
2022: €1.51M
2023: €1.59M
2024: €1.63M
2018 → 2025
Net result
€128k▼ 13.4%
2024 · €148k
2018: €76k
2019: €116k
2020: €99k
2022: €220k
2023: €193k
2024: €148k
2018 → 2025
Working capital
€1.14M▲ 5.7%
2024 · €1.08M
2018: €351k
2019: €489k
2020: €567k
2022: €762k
2023: €987k
2024: €1.08M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€798k-€1.02M▲ 27.6%€1.21M▲ 19.0%€1.30M▲ 7.5%€1.43M▲ 9.9%
Operating result€135k-€316k▲ 133%€288k▼ 8.6%€210k▼ 27.2%€181k▼ 13.9%
Net result€99k-€220k▲ 122%€193k▼ 12.1%€148k▼ 23.3%€128k▼ 13.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.71M
Fixed assets
€293k▲ 30.1%
Current assets
€1.41M▲ 0.7%
Equity and liabilities €1.71M
Equity
€1.43M▲ 9.9%
Debt
€278k▼ 15.3%
The debt ratio falls from 20.1% to 16.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€247k▼
2024 · €258k
Cash flow
€194k▼
2024 · €196k
Solvency
83.7%▲
2024 · 79.9%
Current ratio
5.11▲
2024 · 4.29
Quick ratio
4.77▲
2024 · 4.12
Debt / equity
0.19▼
2024 · 0.25
ROE
9.0%▼
2024 · 11.4%
ROA
7.5%▼
2024 · 9.1%
Interest coverage
16.04▼
2024 · 21.12
Debt
€278k▼
2024 · €328k
Debt ≤ 1 year
€277k▼
2024 · €328k
Income taxes
€61k▼
2024 · €74k
Staff costs
€357k▼
2024 · €419k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.63M€1.71M▲
Fixed assets21/28€225k€293k▲
Intangible fixed assets21€33k€24k▼
Tangible fixed assets22/27€191k€262k▲
Land and buildings22€126k€141k▲
Plant, machinery and equipment23€12k€15k▲
Furniture and vehicles24€53k€106k▲
Financial fixed assets28€265€7k▲
Current assets29/58€1.40M€1.41M▲
Stocks and contracts in progress3€55k€95k▲
Stocks30/36€55k€95k▲
Amounts receivable within one year40/41€310k€507k▲
Trade receivables40€307k€501k▲
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€986k€806k▼
Deferred charges and accrued income490/1€54k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.63M€1.71M▲
Equity10/15€1.30M€1.43M▲
Contributions10/11€12k€12k=
Reserves13€1.29M€1.42M▲
Distributable reserves133€1.29M€1.42M▲
Amounts payable17/49€328k€278k▼
Amounts payable within one year42/48€328k€277k▼
Current portion of amounts payable after more than one year42€51k-
Trade debts44€164k€150k▼
Suppliers440/4€164k€150k▼
Taxes, remuneration and social security45€82k€91k▲
Taxes450/3€42k€37k▼
Remuneration and social security454/9€39k€55k▲
Other amounts payable47/48€31k€36k▲
Accrued charges and deferred income492/3€240€1k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€419k€357k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€66k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€5k€12k▲
Non-recurring operating charges66A€263€2k▲
Gross operating margin9900€682k€620k▼
Operating profit (loss)9901€210k€181k▼
Financial income75/76B€25k€24k▼
Recurring financial income75€25k€24k▼
Financial charges65/66B€12k€15k▲
Recurring financial charges65€12k€15k▲
Profit (loss) for the period before taxes9903€222k€190k▼
Income taxes67/77€74k€61k▼
Profit (loss) for the period9904€148k€128k▼
Profit (loss) for the period to be appropriated9905€148k€128k▼
Appropriation of the result
Profit (loss) to be appropriated9906€148k€128k▼
Transfer from equity791/2€58k-
Transfer to equity691/2€148k€128k▼
To other reserves6921€148k€128k▼
Profit to be distributed694/7€58k-
Return on contributions (dividend)694€58k-
Social balance
Average headcount (FTE)90878.3-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2018net €220k ▲122%
Operating result €316k, net result €220k, both a record.
30-06
Financial
Equity above €1MEq €1.02M ▲27.6%
4 profitable years in a row build equity to €1.02M.
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Destelbergen · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schaessestraat 15A9070 DestelbergenGround area
1.4 ha
Building footprint
4,532 m²
Volume, LiDAR
33,370 m³
Parcel 44013B0039/00M000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASSEMBLY WELDING PLASMA
since 20062.154.746.716
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0039/00M000 | Flanders | 1.4 ha | 1 · 4,532 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 10,278 EUR awarded · 10,278 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 9,000 EUR | 9,000 EUR |
| 2023 | 1 | 126 EUR | 491 EUR |
| 2022 | 1 | 1,152 EUR | 787 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,075 companies in sector 46140 we hold annual accounts for 644. 320 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2006
Fiscal year end30-06
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.