B&W MANAGEMENT
ActiveB&W MANAGEMENT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €482k and a net result of €43k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 8647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+2
Solvency91▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 7.2 against 8.89 in 2024; short-term debt: 7.6% and cash: 6% of total assets), and 34.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
65.8%
Return on assets
5.8%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-02-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
63 d early
2023
55 d early
2022
10 d late
2021
54 d early
2020
1 d early
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€482k▲ 9.7%
2024 · €439k
2018: €282k
2019: €325k
2020: €386k
2021: €426k
2022: €395k
2023: €398k
2024: €439k
2018 → 2025
Total assets
€731k▼ 12.9%
2024 · €839k
2018: €460k
2019: €546k
2020: €615k
2021: €667k
2022: €770k
2023: €794k
2024: €839k
2018 → 2025
Net result
€43k▲ 3.4%
2024 · €41k
2018: €53k
2019: €43k
2020: €60k
2021: €54k
2022: €47k
2023: €37k
2024: €41k
2018 → 2025
Working capital
€345k▼ 17.3%
2024 · €418k
2018: €77k
2019: €184k
2020: €244k
2021: €305k
2022: €357k
2023: €356k
2024: €418k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€426k-€395k▼ 7.4%€398k▲ 0.8%€439k▲ 10.4%€482k▲ 9.7%
Operating result€76k-€73k▼ 4.3%€62k▼ 15.4%€70k▲ 12.9%€69k▼ 0.5%
Net result€54k-€47k▼ 12.8%€37k▼ 22.0%€41k▲ 11.2%€43k▲ 3.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €731k
Fixed assets
€330k▼ 10.4%
Current assets
€401k▼ 14.8%
Equity and liabilities €731k
Equity
€482k▲ 9.7%
Debt
€250k▼ 37.6%
The debt ratio falls from 47.7% to 34.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86k▼
2024 · €89k
Cash flow
€60k▼
2024 · €60k
Solvency
65.8%▲
2024 · 52.3%
Current ratio
7.20▼
2024 · 8.89
Quick ratio
7.20▼
2024 · 8.89
Debt / equity
0.52▼
2024 · 0.91
ROE
8.8%▼
2024 · 9.4%
ROA
5.8%▲
2024 · 4.9%
Interest coverage
3.57▲
2024 · 3.53
Debt
€250k▼
2024 · €400k
Debt ≤ 1 year
€56k▲
2024 · €53k
Debt > 1 year
€194k▼
2024 · €347k
Income taxes
€24k▲
2024 · €24k
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€839k€731k▼
Fixed assets21/28€369k€330k▼
Tangible fixed assets22/27€62k€24k▼
Furniture and vehicles24€21k€296▼
Leasing and similar rights25€27k€17k▼
Other tangible fixed assets26€13k€6k▼
Financial fixed assets28€307k€307k=
Current assets29/58€471k€401k▼
Amounts receivable after more than one year29€293k€312k▲
Other amounts receivable291€293k€312k▲
Amounts receivable within one year40/41€37k€37k=
Trade receivables40€37k€37k=
Cash at bank and in hand54/58€133k€44k▼
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€839k€731k▼
Equity10/15€439k€482k▲
Contributions10/11€19k€19k=
Reserves13€420k€463k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€56k€56k=
Distributable reserves133€364k€407k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€400k€250k▼
Amounts payable after more than one year17€347k€194k▼
Financial debts170/4€17k€6k▼
Other amounts payable178/9€330k€188k▼
Amounts payable within one year42/48€53k€56k▲
Current portion of amounts payable after more than one year42€10k€11k▲
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€21k€24k▲
Taxes450/3€21k€24k▲
Other amounts payable47/48€17k€16k▼
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€17k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€810
Gross operating margin9900€92k€90k▼
Operating profit (loss)9901€70k€69k▼
Financial income75/76B€20k€21k▲
Recurring financial income75€20k€21k▲
Financial charges65/66B€25k€24k▼
Recurring financial charges65€25k€24k▼
Profit (loss) for the period before taxes9903€65k€66k▲
Income taxes67/77€24k€24k▲
Profit (loss) for the period9904€41k€43k▲
Profit (loss) for the period to be appropriated9905€41k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€43k▲
Transfer from equity791/2€0-
Transfer to equity691/2€41k€43k▲
To other reserves6921€41k€43k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (17 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
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €37k ▼22%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2022
07-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €60k ▲40.4%
Operating result €88k, net result €60k, both a record.
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity triplescurrent ratio 6.06
Current ratio from 1.80 to 6.06; short-term debt falls from €96k to €36k.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zulte · 1 establishment unit since 2009
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.
Kruishoutemstraat 359870 ZulteGround area
1,091 m²
Building footprint
186 m²
Volume, LiDAR
850 m³
Parcel 44037B0676/00V000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B&W MANAGEMENT
since 20092.182.275.514
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037B0676/00V000 | Flanders | 1,091 m² | 1 · 186 m² | 6.5 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.
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Fröberg Business Consulting
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ARDITO
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SERVADIS
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2B CONSULTING
BE 0474.950.404
Manage · Eq €481k
Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 34,947 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2009
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.