BCDW HOLDING
ActiveBCDW HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-28k) and a net result of €-3k. Equity is shrinking by ~62.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 1457 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1457 sector peers (2025).
NBB · sector comparisonPosition among 1457 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
79 d early
2024
9 d early
2023
20 d early
2022
20 d early
2021
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-28k▼ 10.1%
2024 · €-26k
2021: €19k
2022: €7k
2023: €4k
2024: €-26k
2021 → 2025
Net result
€-3k▲ 91.4%
2024 · €-30k
2021: €-682
2022: €-12k
2023: €-3k
2024: €-30k
2021 → 2025
Total assets
€267k▼ 6.7%
2024 · €287k
2021: €266k
2022: €261k
2023: €301k
2024: €287k
2021 → 2025
Solvency
-10.6%▼ 1.6pp
2024 · -9.0%
2021: 7.3%
2022: 2.7%
2023: 1.5%
2024: -9.0%
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€22k€24k▲ 9.1%
Equity€19k-€7k▼ 63.6%€4k▼ 36.8%€-26k€-28k▼ 10.1%
Operating result€4k-€-9k€6k€14k▲ 114%€12k▼ 16.7%
Net result€-682-€-12k▼ 1,703%€-3k▲ 78.9%€-30k▼ 1,067%€-3k▲ 91.4%
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 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €267k
Fixed assets
€258k=
Current assets
€10k▼ 65.7%
Key figures and ratios
Solvency
-10.6%▼
2024 · -9.0%
ROE
9.1%▼
2024 · 117.2%
ROA
-1.0%▲
2024 · -10.5%
Debt
€296k▼
2024 · €312k
Debt ≤ 1 year
€232k▲
2024 · €214k
Debt > 1 year
€64k▼
2024 · €98k
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€287k€267k▼
Fixed assets21/28€258k€258k=
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€258k€258k=
Current assets29/58€29k€10k▼
Amounts receivable within one year40/41€29k€7k▼
Trade receivables40€29k€6k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58-€3k
Equity and liabilities
Total equity and liabilities10/49€287k€267k▼
Equity10/15€-26k€-28k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-46k€-48k▼
Amounts payable17/49€312k€296k▼
Amounts payable after more than one year17€98k€64k▼
Financial debts170/4€98k€64k▼
Amounts payable within one year42/48€214k€232k▲
Current portion of amounts payable after more than one year42€34k€34k▲
Financial debts43€983€0▼
Credit institutions430/8€983€0▼
Trade debts44€6k€16k▲
Suppliers440/4€6k€16k▲
Taxes, remuneration and social security45€4k€0▼
Taxes450/3€4k€0▼
Other amounts payable47/48€169k€181k▲
Income statement
Code20242025
Turnover70€24k-
Goods, raw materials, services and sundry goods60/61€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154€0▼
Other operating charges640/8€528€544▲
Gross operating margin9900€15k€12k▼
Operating profit (loss)9901€14k€12k▼
Financial income75/76B-€30k
Recurring financial income75-€30k
Non-recurring financial income76B-€30k
Financial charges65/66B€44k€44k▲
Recurring financial charges65€14k€14k▲
Non-recurring financial charges66B€30k€30k=
Profit (loss) for the period before taxes9903€-30k€-3k▲
Profit (loss) for the period9904€-30k€-3k▲
Profit (loss) for the period to be appropriated9905€-30k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-48k▼
Profit (loss) brought forward from the previous period14P€-16k€-46k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (19 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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aalst · 1 establishment unit since 2020
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.
Kluizestraat 15B9320 AalstGround area
2,617 m²
Building footprint
578 m²
Volume, LiDAR
2,598 m³
2 parcels, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BCDW HOLDING
since 20202.305.732.659
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41014A0165/00B000 | Flanders | 1,545 m² | 1 · 386 m² | 9.6 m · 1 fl. |
| 41014A0129/02Y000 | Flanders | 1,073 m² | 1 · 192 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 587 companies in sector 66300 we hold annual accounts for 361. 73 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2020
Fiscal year end31-12
Activities, NACEBEL
66300Activities auxiliary to financial services and insurance activities
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.