B.W.O.
ActiveB.W.O. has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €228k and a net result of €63k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+8
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 4.55 against 3.92 in 2023; short-term debt: 19.9% and cash: 20.6% of total assets), and 22.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
35 d early
2022
32 d early
2021
32 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€228k▲ 28.7%
2023 · €177k
2018: €47k
2019: €62k
2020: €91k
2021: €118k
2022: €147k
2023: €177k
2018 → 2024
Total assets
€295k▲ 18.4%
2023 · €249k
2018: €84k
2019: €105k
2020: €121k
2021: €197k
2022: €235k
2023: €249k
2018 → 2024
Net result
€63k▲ 73.3%
2023 · €36k
2018: €10k
2019: €17k
2020: €30k
2021: €49k
2022: €30k
2023: €36k
2018 → 2024
Working capital
€208k▲ 33.6%
2023 · €156k
2018: €39k
2019: €54k
2020: €83k
2021: €93k
2022: €122k
2023: €156k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€91k-€118k▲ 30.1%€147k▲ 24.0%€177k▲ 20.5%€228k▲ 28.7%
Operating result€38k-€68k▲ 79.9%€43k▼ 37.2%€50k▲ 17.8%€84k▲ 67.2%
Net result€30k-€49k▲ 61.2%€30k▼ 38.7%€36k▲ 20.6%€63k▲ 73.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 67% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €295k
Fixed assets
€28k▼ 29.3%
Current assets
€267k▲ 27.6%
Equity and liabilities €295k
Equity
€228k▲ 28.7%
Debt
€67k▼ 6.8%
The debt ratio falls from 29.0% to 22.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€98k▲
2023 · €64k
Cash flow
€76k▲
2023 · €50k
Solvency
77.2%▲
2023 · 71.0%
Current ratio
4.55▲
2023 · 3.92
Quick ratio
4.55▲
2023 · 3.92
Debt / equity
0.30▼
2023 · 0.41
ROE
27.6%▲
2023 · 20.5%
ROA
21.3%▲
2023 · 14.5%
Interest coverage
58.67▲
2023 · 36.91
Debt
€67k▼
2023 · €72k
Debt ≤ 1 year
€59k▲
2023 · €53k
Debt > 1 year
€9k▼
2023 · €19k
Income taxes
€30k▲
2023 · €19k
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€249k€295k▲
Fixed assets21/28€40k€28k▼
Tangible fixed assets22/27€40k€28k▼
Land and buildings22€6k€0▼
Furniture and vehicles24€34k€22k▼
Other tangible fixed assets26-€7k
Current assets29/58€209k€267k▲
Amounts receivable within one year40/41€153k€205k▲
Trade receivables40-€19k
Other amounts receivable41€153k€186k▲
Cash at bank and in hand54/58€56k€61k▲
Deferred charges and accrued income490/1€672€684▲
Equity and liabilities
Total equity and liabilities10/49€249k€295k▲
Equity10/15€177k€228k▲
Contributions10/11€6k€6k=
Reserves13€171k€221k▲
Distributable reserves133€171k€221k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€72k€67k▼
Amounts payable after more than one year17€19k€9k▼
Financial debts170/4€19k€9k▼
Amounts payable within one year42/48€53k€59k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€3k€5k▲
Credit institutions430/8€3k€5k▲
Trade debts44€15k€6k▼
Suppliers440/4€15k€6k▼
Taxes, remuneration and social security45€23k€36k▲
Taxes450/3€23k€36k▲
Other amounts payable47/48€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€66k€103k▲
Operating profit (loss)9901€50k€84k▲
Financial income75/76B€7k€10k▲
Recurring financial income75€7k€10k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€55k€92k▲
Income taxes67/77€19k€30k▲
Profit (loss) for the period9904€36k€63k▲
Profit (loss) for the period to be appropriated9905€36k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€63k▲
Transfer from equity791/2€6k€10k▲
Transfer to equity691/2€36k€61k▲
To other reserves6921€36k€61k▲
Profit to be distributed694/7€6k€12k▲
Return on contributions (dividend)694€6k€12k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €63k ▲73.3%
Operating result €84k, net result €63k, both a record.
31-12
Financial
Equity above €200kEq €228k ▲28.7%
7 profitable years in a row build equity to €228k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €177k ▲20.5%
6 profitable years in a row build equity to €177k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €118k ▲30.1%
4 profitable years in a row build equity to €118k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
28-06
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
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, Geel · 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.
Oude-Brugweg 382440 GeelGround area
517 m²
Building footprint
135 m²
Volume, LiDAR
1,036 m³
Parcel 13372C0185/00B002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
B.W.O.
since 20062.157.406.890
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13372C0185/00B002 | Flanders | 517 m² | 1 · 135 m² | 10.8 m · 3 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.
Similar companies · same sector, comparable size
AS INVEST
BE 0727.494.456
Mouscron · Eq €228k
CRISER
BE 0636.789.756
Willebroek · Eq €227k
CONCRESCO
BE 0465.191.412
Hamme (Vl.) · Eq €227k
B' eau Pools
BE 0836.412.489
Hamme (Vl.) · Eq €227k
SWIFT LINE
BE 0442.172.619
Sint-Jans-Molenbeek · Eq €228k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,700 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2006
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.