B.K.W.
ActiveB.K.W. has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €147k and a net result of €40k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▼-13
Solvency78▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.36 in 2023; short-term debt: 46.8% and cash: 28.1% of total assets), and 46.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €147k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
91 d late
2022
60 d late
2021
31 d late
2020
90 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€147k▲ 37.4%
2023 · €107k
2018: €-28k
2019: €-27k
2020: €-25k
2021: €-25k
2022: €29k
2023: €107k
2018 → 2024
Total assets
€276k▲ 0.1%
2023 · €276k
2018: €1k
2019: €464
2020: €44
2021: €44
2022: €233k
2023: €276k
2018 → 2024
Net result
€40k▼ 48.6%
2023 · €78k
2018: €-10k
2019: €951
2020: €2k
2022: €54k
2023: €78k
2018 → 2024
Working capital
€97k▲ 57.3%
2023 · €61k
2018: €-29k
2019: €-27k
2020: €-25k
2021: €-25k
2022: €-9k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-25k-€-25k=€29k€107k▲ 268%€147k▲ 37.4%
Operating result€2k-€74k€101k▲ 36.7%€63k▼ 37.9%
Net result€2k-€54k€78k▲ 43.3%€40k▼ 48.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 38% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €276k
Fixed assets
€51k▲ 10.7%
Current assets
€226k▼ 2.0%
Equity and liabilities €276k
Equity
€147k▲ 37.4%
Debt
€129k▼ 23.5%
The debt ratio falls from 61.3% to 46.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€81k▼
2023 · €115k
Cash flow
€59k▼
2023 · €92k
Solvency
53.2%▲
2023 · 38.7%
Current ratio
1.75▲
2023 · 1.36
Quick ratio
1.75▲
2023 · 1.36
Debt / equity
0.88▼
2023 · 1.58
ROE
27.2%▼
2023 · 72.8%
ROA
14.5%▼
2023 · 28.2%
Interest coverage
423.23▼
2023 · 661.29
Debt
€129k▼
2023 · €169k
Debt ≤ 1 year
€129k▼
2023 · €169k
Income taxes
€22k▼
2023 · €23k
Staff costs
€6k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€276k€276k▲
Fixed assets21/28€46k€51k▲
Tangible fixed assets22/27€46k€51k▲
Plant, machinery and equipment23€7k€7k▼
Furniture and vehicles24€38k€44k▲
Current assets29/58€231k€226k▼
Amounts receivable within one year40/41€175k€134k▼
Trade receivables40€175k€134k▼
Cash at bank and in hand54/58€33k€78k▲
Deferred charges and accrued income490/1€23k€14k▼
Equity and liabilities
Total equity and liabilities10/49€276k€276k▲
Equity10/15€107k€147k▲
Contributions10/11€6k€6k=
Reserves13-€40k
Distributable reserves133-€40k
Profit (loss) carried forward14€101k€101k=
Amounts payable17/49€169k€129k▼
Amounts payable within one year42/48€169k€129k▼
Trade debts44€33k€21k▼
Suppliers440/4€33k€21k▼
Advances received on contracts in progress46€63k-
Taxes, remuneration and social security45€42k€45k▲
Taxes450/3€42k€45k▲
Remuneration and social security454/9-€440
Other amounts payable47/48€32k€63k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1k€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€19k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€119k€90k▼
Operating profit (loss)9901€101k€63k▼
Financial charges65/66B€173€192▲
Recurring financial charges65€173€192▲
Profit (loss) for the period before taxes9903€101k€62k▼
Income taxes67/77€23k€22k▼
Profit (loss) for the period9904€78k€40k▼
Profit (loss) for the period to be appropriated9905€78k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€141k▲
Profit (loss) brought forward from the previous period14P€23k€101k▲
Transfer to equity691/2-€40k
To other reserves6921-€40k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Highest result since 2018net €78k ▲43.3%
Operating result €101k, net result €78k, both a record.
31-12
Financial
Equity above €100kEq €107k ▲268%
2 profitable years in a row build equity to €107k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Back to profitnet €951
Net result €951 after one loss-making year.
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 76 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 75 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Merchtem · 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.
Vollickstraat 711785 MerchtemGround area
1,657 m²
Building footprint
176 m²
Volume, LiDAR
810 m³
Parcel 23012G0253/00S000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B.K.W.
since 20062.157.686.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23012G0253/00S000 | Flanders | 1,657 m² | 1 · 176 m² | 6.6 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.
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Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 1,904 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-08-2006
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.