BW Dental

Active

Private limited companyfounded 20214 yrs activeDr.J.Goffinstraat 7, 3798 Voeren, BelgiumKBO/BCE: BE 0778.634.737

Summary

BW Dental has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €155k and a net result of €277k. Equity is shrinking by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 11% of 19908 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2024

70 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability97=

Solvency37▼-32

Growth58▼-20

Track record94

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €10k at 30 days acceptable

Liquidity short (current ratio 0.97 against 2.85 in 2023; short-term debt: 59.4% and cash: 26.2% of total assets), and 87.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 86

Relative position

BE, all sectors

reference

Sector 86

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 19908 sector peers (2024).

NBB · sector comparison

Position among 19908 sector peers

Solvency

better than 11%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

11 d late

2023

23 d early

2022

9 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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 2024, micro schema

Equity

€155k▼ 68.6%

2023 · €493k

2022: €242k 2023: €493k

2022 → 2024

Total assets

€1.24M▲ 11.9%

2023 · €1.11M

2022: €851k 2023: €1.11M

2022 → 2024

Net result

€277k▲ 10.2%

2023 · €252k

2022: €237k 2023: €252k

2022 → 2024

Working capital

€-19k

2023 · €340k

2022: €180k 2023: €340k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€242k-€493k▲ 104%€155k▼ 68.6%

Operating result€312k-€348k▲ 11.3%€368k▲ 5.9%

Net result€237k-€252k▲ 6.2%€277k▲ 10.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2024 is 6% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.24M

42.2%

57.8%

Fixed assets €524k ▼ 10.6%

Current assets €718k ▲ 37.1%

Equity and liabilities €1.24M

12.5%

87.5%

Equity €155k ▼ 68.6%

Debt €1.09M ▲ 76.3%

Debt's share of the balance-sheet total rises from 55.6% to 87.5%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€431k▲

2023 · €410k

Cash flow

€340k▲

2023 · €314k

Current ratio

0.97▼

2023 · 2.85

Debt to equity

7.01▲

2023 · 1.25

ROE

178.8%▲

2023 · 51.0%

ROA

22.3%▼

2023 · 22.7%

Interest coverage

32.03▲

2023 · 27.81

Debt ≤ 1 year

€737k▲

2023 · €184k

Debt > 1 year

€347k▼

2023 · €433k

Income taxes

€92k▲

2023 · €82k

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 · 49 lines

Balance sheet Code20232024

Assets

Total assets20/58€1.11M€1.24M▲

Fixed assets21/28€586k€524k▼

Tangible fixed assets22/27€586k€524k▼

Land and buildings22€434k€415k▼

Plant, machinery and equipment23€46k€31k▼

Furniture and vehicles24€106k€78k▼

Current assets29/58€524k€718k▲

Amounts receivable after more than one year29-€5k

Other amounts receivable291-€5k

Amounts receivable within one year40/41€14k€54k▲

Trade receivables40€7k€3k▼

Other amounts receivable41€7k€51k▲

Current investments50/53€350k€327k▼

Cash at bank and in hand54/58€153k€326k▲

Deferred charges and accrued income490/1€6k€6k▲

Equity and liabilities

Total equity and liabilities10/49€1.11M€1.24M▲

Equity10/15€493k€155k▼

Contributions10/11-€5k

Reserves13€493k€150k▼

Distributable reserves133€493k€150k▼

Amounts payable17/49€617k€1.09M▲

Amounts payable after more than one year17€433k€347k▼

Financial debts170/4€433k€347k▼

Amounts payable within one year42/48€184k€737k▲

Current portion of amounts payable after more than one year42€84k€86k▲

Trade debts44€12k€5k▼

Suppliers440/4€12k€5k▼

Taxes, remuneration and social security45€88k€31k▼

Taxes450/3€88k€31k▼

Other amounts payable47/48-€615k

Accrued charges and deferred income492/3-€3k

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€63k▲

Other operating charges640/8€3k€8k▲

Gross operating margin9900€414k€439k▲

Operating profit (loss)9901€348k€368k▲

Financial income75/76B€98€15k▲

Recurring financial income75€98€15k▲

Financial charges65/66B€15k€13k▼

Recurring financial charges65€15k€13k▼

Profit (loss) for the period before taxes9903€333k€370k▲

Income taxes67/77€82k€92k▲

Profit (loss) for the period9904€252k€277k▲

Profit (loss) for the period to be appropriated9905€252k€277k▲

Appropriation of the result

Profit (loss) to be appropriated9906€252k€277k▲

Transfer from equity791/2-€338k

Transfer to equity691/2€252k-

To other reserves6921€252k-

Profit to be distributed694/7-€615k

Return on contributions (dividend)694-€615k

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

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2025

11-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 11 days late

2024

31-12

Financial Highest result since 2022net €277k ▲10.2%

Operating result €368k, net result €277k, both a record.

08-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

09-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 9 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, Voeren · 1 establishment unit since 2021

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.

Dr.J.Goffinstraat 73798 Voeren

Ground area

1,062 m²

Building footprint

244 m²

Volume, LiDAR

83 m³

Parcel 73075A0485/00Y000, Flanders · tallest building 3.1 m. Linked by address, not a title deed.

1 establishment unit

BW Dental

Dr.J.Goffinstraat 7, 3798 VoerenManufacture of medical and dental instruments and supplies

since 20212.325.130.580

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73075A0485/00Y000	Flanders	1,062 m²	1 · 244 m²	3.1 m

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

AMMADENT

BE 1006.995.206

Sint-Lambrechts-Woluwe · Eq €155,006

ConfiDent MD

BE 0761.367.648

Antwerpen · Eq €154,928

Cabinet dentaire Florence THIRY

BE 0684.906.904

Houffalize · Eq €154,895

MARQUET & CO

BE 0467.464.675

Lier · Eq €155,126

Tandartsenpraktijk Sierens M.

BE 0803.182.467

Eeklo · Eq €155,177

Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 3,802 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

Founded14-12-2021

Fiscal year end31-12

Activities, NACEBEL 2025

86230Dental practice

32500Manufacture of medical and dental instruments and supplies

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.