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BE-FRWRD

Active
Private limited companyfounded 20242 yrs activeBrugsesteenweg 57 C, 8450 Bredene, BelgiumKBO/BCE: BE 1004.693.435

BE-FRWRD has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162k and a net result of €150k. Its solvency ranks better than 19% of 12690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+42
Solvency43▲+16
Growth78
Track record82
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity short (current ratio 0.92 against 0.05 in 2024; short-term debt: 10.8% and cash: 0.9% of total assets), and 81.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
18.3%
Return on assets
16.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 12690 sector peers (2025).
NBB · sector comparison
Position among 12690 sector peers
Solvency
better than 19%
← 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 15-07-2026, 16 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
16 d early
2024
38 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€162k▲ 1,226%
2024 · €12k
2024: €12k
2024 → 2025
Total assets
€888k▲ 10.4%
2024 · €804k
2024: €804k
2024 → 2025
Net result
€150k▲ 6,559%
2024 · €2k
2024: €2k
2024 → 2025
Working capital
€-8k▲ 89.9%
2024 · €-78k
2024: €-78k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20242025Trend
Equity€12k-€162k▲ 1,226%
Operating result€14k-€30k▲ 116%
Net result€2k-€150k▲ 6,559%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2024: €14k€14kNet result 2024: €2k€2kOperating result 2025: €30k€30kNet result 2025: €150k€150k20242025
The operating result rises in 2025; 2025 is 116% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €888k
Fixed assets €800k=
Current assets €88k▲ 1,992%
Equity and liabilities €888k
Equity €162k▲ 1,226%
Debt €726k▼ 8.4%
The debt ratio falls from 98.5% to 81.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Solvency
18.3%
2024 · 1.5%
Current ratio
0.92
2024 · 0.05
Quick ratio
0.92
2024 · 0.05
Debt / equity
4.47
2024 · 64.62
ROE
92.5%
2024 · 18.4%
ROA
16.9%
2024 · 0.3%
Debt
€726k
2024 · €792k
Debt ≤ 1 year
€96k
2024 · €83k
Debt > 1 year
€620k
2024 · €705k
Income taxes
€16k
2024 · €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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€804k€888k
Fixed assets21/28€800k€800k=
Financial fixed assets28€800k€800k=
Current assets29/58€4k€88k
Amounts receivable within one year40/41€387€79k
Other amounts receivable41€387€79k
Cash at bank and in hand54/58€4k€8k
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€804k€888k
Equity10/15€12k€162k
Contributions10/11€10k€10k=
Reserves13€2k€152k
Distributable reserves133€2k€152k
Amounts payable17/49€792k€726k
Amounts payable after more than one year17€705k€620k
Financial debts170/4€705k€620k
Amounts payable within one year42/48€83k€96k
Current portion of amounts payable after more than one year42€80k€80k=
Taxes, remuneration and social security45€3k€16k
Taxes450/3€3k€16k
Accrued charges and deferred income492/3€4k€10k
Income statement Code20242025
Other operating charges640/8€50€128
Gross operating margin9900€14k€30k
Operating profit (loss)9901€14k€30k
Financial income75/76B-€163k
Recurring financial income75-€163k
Financial charges65/66B€10k€26k
Recurring financial charges65€10k€26k
Profit (loss) for the period before taxes9903€3k€166k
Income taxes67/77€1k€16k
Profit (loss) for the period9904€2k€150k
Profit (loss) for the period to be appropriated9905€2k€150k
Appropriation of the result
Profit (loss) to be appropriated9906€2k€150k
Transfer to equity691/2€2k€150k
To other reserves6921€2k€150k
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Equity above €150kEq €162k ▲1226%
2 profitable years in a row build equity to €162k.
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Bredene · 1 establishment unit since 2024
establishment The establishment unit on the map
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.

Brugsesteenweg 57 C8450 Bredene
Ground area
1,009 m²
Building footprint
142 m²
Volume, LiDAR
681 m³
Parcel 35302D0086/00Z000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BE-FRWRD
Brugsesteenweg 57 C, 8450 BredeneFinancial service activities, except insurance and pension funding
since 20242.354.694.103
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35302D0086/00Z000 Flanders 1,009 m² 1 · 142 m² 7.1 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.

Similar companies · same sector, comparable size

Of 2,267 companies in sector 69209 we hold annual accounts for 1,098. 847 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-01-2024
Fiscal year end31-12
Activities, NACEBEL
69201Accountants
69209Other tax advisory services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.