BELGIAN WELDING TABLES
ActiveSummary
The computed 12-month bankruptcy probability of BELGIAN WELDING TABLES is 1.7% (moderate). The 2024 annual accounts show equity of €48k and a net result of €979. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 68% of 15869 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▼-55
Solvency87▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 2.22 in 2023; short-term debt: 37.7% and cash: 27.7% of total assets), and 37.7% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
62.3%
Return on assets
1.3%
Age of the figures
21 mo
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 02-07-2025, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
8 d early
2022
14 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€48k▲ 2.1%
2023 · €47k
2022: €27k
2023: €47k
2022 → 2024
Total assets
€77k▼ 10.0%
2023 · €86k
2022: €62k
2023: €86k
2022 → 2024
Net result
€979▼ 95.1%
2023 · €20k
2022: €21k
2023: €20k
2022 → 2024
Working capital
€48k▲ 2.1%
2023 · €47k
2022: €27k
2023: €47k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€27k-€47k▲ 73.6%€48k▲ 2.1%
Operating result€27k-€25k▼ 7.8%€1k▼ 95.0%
Net result€21k-€20k▼ 5.6%€979▼ 95.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 95% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €77k
Equity
€48k ▲ 2.1%
Debt
€29k ▼ 24.8%
Debt's share of the balance-sheet total falls from 45.1% to 37.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.65▲
2023 · 2.22
Quick ratio
1.16▼
2023 · 1.46
Debt to equity
0.60▼
2023 · 0.82
ROE
2.0%▼
2023 · 42.4%
ROA
1.3%▼
2023 · 23.3%
Debt ≤ 1 year
€29k▼
2023 · €39k
Income taxes
€245▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet
Code20232024
Assets
Total assets20/58€86k€77k▼
Current assets29/58€86k€77k▼
Stocks and contracts in progress3€29k€43k▲
Stocks30/36€29k€43k▲
Amounts receivable within one year40/41€28k€12k▼
Trade receivables40€19k€3k▼
Other amounts receivable41€9k€9k▲
Cash at bank and in hand54/58€29k€21k▼
Equity and liabilities
Total equity and liabilities10/49€86k€77k▼
Equity10/15€47k€48k▲
Contributions10/11€6k€6k=
Reserves13€41k€42k▲
Distributable reserves133€41k€42k▲
Amounts payable17/49€39k€29k▼
Amounts payable within one year42/48€39k€29k▼
Trade debts44€20k€11k▼
Suppliers440/4€20k€11k▼
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€10k€8k▼
Other amounts payable47/48€10k€10k▲
Income statement
Code20232024
Other operating charges640/8€182€50▼
Gross operating margin9900€25k€1k▼
Operating profit (loss)9901€25k€1k▼
Financial charges65/66B€11€20▲
Recurring financial charges65€11€20▲
Profit (loss) for the period before taxes9903€25k€1k▼
Income taxes67/77€5k€245▼
Profit (loss) for the period9904€20k€979▼
Profit (loss) for the period to be appropriated9905€20k€979▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€979▼
Transfer to equity691/2€20k€979▼
To other reserves6921€20k€979▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €979 ▼95.1%
Net result drops to €979, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
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, Oosterzele · 1 establishment unit since 2021
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.
Lange Ambachtstraat 39860 OosterzeleGround area
1,699 m²
Building footprint
640 m²
Volume, LiDAR
3,908 m³
Parcel 44052A0390/00V000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BELGIAN WELDING TABLES
since 20212.314.718.819
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44052A0390/00V000 | Flanders | 1,699 m² | 1 · 640 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.
Similar companies · same sector, comparable size
MG SOLUTIONS
BE 0751.579.952
Lasne · Eq €47,854
TINA
BE 0442.048.992
Antwerpen · Eq €47,810
BLIKI
BE 0822.969.180
Dendermonde · Eq €47,327
PANNEELS COMMERCIAL
BE 0842.077.586
Namur · Eq €47,289
HAIL SHIELD
BE 0832.971.068
Hamme (Vl.) · Eq €49,262
Of 1,075 companies in sector 46140 we hold annual accounts for 644. 449 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2021
Fiscal year end31-12
Abbreviation NL
BWT
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
46630Wholesale trade
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.