BW-Automation
ActiveBW-Automation has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-13k) and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency37▲+1
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 0.61 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025Solvency, return and age of the figures
Solvency
-39.5%
Return on assets
-11.5%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
1 d early
2023
13 d late
2022
44 d early
2021
46 d late
2020
33 d early
2019
7 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-13k▼ 41.2%
2024 · €-9k
2018: €13k
2019: €23k
2020: €16k
2021: €-4k
2022: €-2k
2023: €-847
2024: €-9k
2018 → 2025
Total assets
€33k▼ 3.8%
2024 · €34k
2018: €43k
2019: €40k
2020: €34k
2021: €34k
2022: €51k
2023: €34k
2024: €34k
2018 → 2025
Net result
€-4k▲ 54.6%
2024 · €-8k
2018: €-8k
2019: €10k
2020: €-7k
2021: €-20k
2022: €2k
2023: €1k
2024: €-8k
2018 → 2025
Working capital
€-16k▲ 4.9%
2024 · €-17k
2018: €7k
2019: €21k
2020: €16k
2021: €-8k
2022: €-16k
2023: €-17k
2024: €-17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-4k-€-2k▲ 45.1%€-847▲ 57.7%€-9k▼ 989%€-13k▼ 41.2%
Operating result€-18k-€2k€1k▼ 33.0%€-8k€-4k▲ 55.6%
Net result€-20k-€2k€1k▼ 29.7%€-8k€-4k▲ 54.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€3k▼ 60.2%
Current assets
€30k▲ 12.5%
Key figures and ratios
EBITDA
€2k▲
2024 · €-108
Cash flow
€1k▲
2024 · €-254
Solvency
-39.5%▼
2024 · -26.9%
Current ratio
0.65▲
2024 · 0.61
Quick ratio
0.31▲
2024 · 0.27
Debt / equity
-3.53▲
2024 · -4.72
ROE
29.2%▼
2024 · 90.8%
ROA
-11.5%▲
2024 · -24.4%
Interest coverage
20.06▲
2024 · -1.50
Debt
€46k▲
2024 · €43k
Debt ≤ 1 year
€46k▲
2024 · €43k
Income taxes
€75▲
2024 · €74
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€34k€33k▼
Fixed assets21/28€8k€3k▼
Tangible fixed assets22/27€8k€3k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€4k€1k▼
Current assets29/58€27k€30k▲
Stocks and contracts in progress3€15k€16k▲
Stocks30/36€15k€16k▲
Amounts receivable within one year40/41€8k€11k▲
Trade receivables40€3k€11k▲
Other amounts receivable41€5k-
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€2k€894▼
Equity and liabilities
Total equity and liabilities10/49€34k€33k▼
Equity10/15€-9k€-13k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-30k€-33k▼
Amounts payable17/49€43k€46k▲
Amounts payable within one year42/48€43k€46k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€74€2k▲
Taxes450/3€74€2k▲
Other amounts payable47/48€39k€39k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Other operating charges640/8€801€654▼
Gross operating margin9900€693€2k▲
Operating profit (loss)9901€-8k€-4k▲
Financial charges65/66B€72€78▲
Recurring financial charges65€72€78▲
Profit (loss) for the period before taxes9903€-8k€-4k▲
Income taxes67/77€74€75▲
Profit (loss) for the period9904€-8k€-4k▲
Profit (loss) for the period to be appropriated9905€-8k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-33k▼
Profit (loss) brought forward from the previous period14P€-21k€-30k▼
The notes to these accounts (7 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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
17-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 46 days late
2021
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Grez-Doiceau · 1 establishment unit since 2015
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.
Allée Bois de Bercuit 351390 Grez-Doiceau1 establishment unit
BLUE WATER AUTOMATION
since 20152.243.732.140
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 27,981 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.