BEWI Circular Belgium

Active

Private limited companyfounded 1999active for 27 yearsWoestijnstraat(BOR) 49, 2880 Bornem, BelgiumKBO/BCE: BE 0465.783.904

Summary

The computed 12-month bankruptcy probability of BEWI Circular Belgium is 7.3% (elevated). The 2024 annual accounts show negative equity (-€1.5m) and a net result of -€1.3m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 505 sector peers (NACE 28, financial year 2024). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

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BEWI Circular BelgiumActiveChecked score 31/100

Risk analysis Report Compare

Activity

Manufacture of machinery and equipment not elsewhere classified

NACE 28291Wholesale trade NACE 46869

1 site

Size

€2.3mtotal assets 2024

Staff: 13.3 FTE
Equity: -€1.5m
Loss: -€1.3m

Turnover not published (abbreviated format)

Financial health

31 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 7.3%

Structure

Parent: BEWI Circular Holding Belgium · 100%

BEWI Circular Holding BelgiumDirector

Auditor: Callens, Vandelanotte & Theunissen2025 accounts not filed, 90 days past the deadline5 of 10 deeds summarised

Why 31raises riskLoss of €1.3m, the second in a row (financial year 2024)1 financial year not filed after the legal deadline; last filed accounts filed 371 days late; 2 of the last 3 lateSize: 13.3 FTE, total assets €2.3mlowers riskFigures for financial year 2024 (filed 06-08-2026)Show the evidence

Checked score

Score 2024

31 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 1% of its sector peers (NACE 28, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 0-20

equity -65.4% of total assets

Liquidity 2-9

short-term debt 165.4% · cash 1.7%

Profitability 0=

return on assets -59.3%

Bankruptcy probability, 12 months

7.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies, NACE 28, small)

Last 24 months 11-2024: 1.1%lowest value 12-2024: 5.1%▲ +4.0 percentage points vs 11-2024 01-2025: 5.1%● unchanged vs 12-2024 02-2025: 5.1%● unchanged vs 01-2025 03-2025: 5.7%▲ +0.6 percentage points vs 02-2025 04-2025: 5.7%● unchanged vs 03-2025 05-2025: 5.7%● unchanged vs 04-2025 06-2025: 5.7%● unchanged vs 05-2025 07-2025: 5.9%▲ +0.2 percentage points vs 06-2025 08-2025: 5.7%▼ -0.2 percentage points vs 07-2025 09-2025: 5.4%▼ -0.3 percentage points vs 08-2025 10-2025: 4.5%▼ -0.9 percentage points vs 09-2025 11-2025: 4.6%▲ +0.1 percentage points vs 10-2025 12-2025: 5.3%▲ +0.7 percentage points vs 11-2025 01-2026: 8.2%▲ +2.9 percentage points vs 12-2025 02-2026: 8.2%● unchanged vs 01-2026 03-2026: 8.2%● unchanged vs 02-2026 04-2026: 7.5%▼ -0.7 percentage points vs 03-2026 05-2026: 7.5%● unchanged vs 04-2026 06-2026: 7.5%● unchanged vs 05-2026 07-2026: 7.5%● unchanged vs 06-2026 08-2026: 9.4%▲ +1.9 percentage points vs 07-2026highest value 09-2026: 8.6%▼ -0.8 percentage points vs 08-2026 10-2026: 7.3%▼ -1.3 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.42, compared with 0.64 in 2023, below 1; short-term debt: 165.4% and cash: 1.7% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, small): better than 1% on solvency, 1% on liquidity, 3% on profitability and 1% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Loss of €1.3m, the second in a row (financial year 2024)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 371 days late; 2 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 06-08-2026)

NBB · annual accounts

Size: 13.3 FTE, total assets €2.3m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

192021222324

2019 to 2024 · latest year -€1.5m

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline29-10-2026 today

2024 accounts filed 371 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2026, 371 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

371 days late

2023

106 days late

2022

25 days late

2021

29 days late

2020

9 days early

2019

36 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 81 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-08-2026 Annual accounts filedfinancial year 2024 · abbreviated…
10-07-2026 Permanent representative: Elin SOHLBERGGazette deed
04-11-2025 Resignation: Aljosa KRIZMAN (director)Permanent representative: Theodorus MIMPEN ·…

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€1.5m View
Caution: Equity fell in 2024from -€140,014 to -€1.5m ▼ 963% View
Caution: Among the weakest 5% on solvencysector median 45.1% · 505 companies -65.4% View
Caution: 2025 accounts not fileddeadline was 31-07-2026 90 days past the deadline View
Controlled by BEWI Circular Holding Belgiumultimately: BEWI ASA 100% View
Caution: 2 loss-making years in a rowloss financial year 2024 -€1.3m View

By topic

Financials

Financial year: 2024
Total assets: €2.3m
Loss: -€1.3m
Solvency: -65.4%

Total assets▼ 14.0%

Net result

20192024

Go to Financials

Board & ownership

Board: 1 member
Parent: BEWI Circular Holding Belgium · 100%
Auditor: Callens, Vandelanotte & Theunissen

BEWI Circular Holding BelgiumDirector

Go to Board & ownership

Network & group

Group: BEWI ASA

Go to Network & group

Timeline

Events: 34
Since: 2001

31-12-2024Weakest financial year
14-11-2024Annual accounts filed
13-11-2024Appointment: CALLENS,VANDELANOTTE & THEUNISSEN (statutory auditor)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of machinery and equipment not elsewhere classifiedNACE 28291
Founded: 15-04-1999
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 2

Who signs: Each director alone

Go to Articles of association

Key facts about BEWI Circular Belgium

What is the company number of BEWI Circular Belgium?: 0465.783.904. In Belgium the VAT number is the company number with BE in front: BE 0465.783.904.
Where is BEWI Circular Belgium based?: The registered office is at Woestijnstraat(BOR) 49, 2880 Bornem.Company details
What does BEWI Circular Belgium do?: According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28291).
What is the legal form of BEWI Circular Belgium?: Private limited company (BV).
When was BEWI Circular Belgium founded?: On 15-04-1999.
Is BEWI Circular Belgium still active?: Yes, BEWI Circular Belgium is an active enterprise in the KBO register.
How many employees does BEWI Circular Belgium have?: On average 13.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of BEWI Circular Belgium?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BEWI Circular Belgium profitable?: In financial year 2024, BEWI Circular Belgium made a loss of €1.3m.
Where can I find the annual accounts of BEWI Circular Belgium?: BEWI Circular Belgium filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.