BW Solutions
ActiveBW Solutions has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-3k) and a net result of €-15k. Equity is shrinking by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 3022 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency21▼-23
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 0.72 in 2023; short-term debt: 48.8% and cash: 3.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 93
Relative position
BE, all sectors
reference
Sector 93
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 2024Solvency, return and age of the figures
Solvency
-3.9%
Return on assets
-18%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-3k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
61 d late
2022
4 d early
2021
41 d late
2020
86 d late
2019
97 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-3k
2023 · €12k
2018: €56k
2019: €57k
2020: €35k
2021: €40k
2022: €35k
2023: €12k
2018 → 2024
Total assets
€84k▲ 34.4%
2023 · €63k
2018: €146k
2019: €105k
2020: €73k
2021: €58k
2022: €47k
2023: €63k
2018 → 2024
Net result
€-15k▲ 35.2%
2023 · €-23k
2018: €-1k
2019: €621
2020: €-22k
2021: €5k
2022: €-5k
2023: €-23k
2018 → 2024
Working capital
€-5k▼ 49.9%
2023 · €-3k
2018: €-54k
2019: €-28k
2020: €-28k
2021: €12k
2022: €19k
2023: €-3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€40k▲ 13.4%€35k▼ 11.5%€12k▼ 66.3%€-3k
Operating result€-21k-€6k€-5k€-24k▼ 390%€-13k▲ 46.6%
Net result€-22k-€5k€-5k€-23k▼ 413%€-15k▲ 35.2%
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 €13k in 2024 against €24k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €84k
Fixed assets
€48k▼ 12.8%
Current assets
€36k▲ 362%
Key figures and ratios
EBITDA
€-337▲
2023 · €-20k
Cash flow
€-3k▲
2023 · €-19k
Solvency
-3.9%▼
2023 · 18.9%
Current ratio
0.89▲
2023 · 0.72
Quick ratio
0.89▲
2023 · 0.72
Debt / equity
-26.66▼
2023 · 4.29
ROA
-18.0%▲
2023 · -37.3%
Interest coverage
-0.14▼
2023 · 63.07
Debt
€87k▲
2023 · €51k
Debt ≤ 1 year
€41k▲
2023 · €11k
Debt > 1 year
€30k▼
2023 · €40k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€63k€84k▲
Fixed assets21/28€55k€48k▼
Tangible fixed assets22/27€55k€48k▼
Land and buildings22-€2k
Plant, machinery and equipment23€1k€871▼
Furniture and vehicles24€54k€45k▼
Current assets29/58€8k€36k▲
Amounts receivable within one year40/41€296€33k▲
Trade receivables40€175€33k▲
Other amounts receivable41€121-
Cash at bank and in hand54/58€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€63k€84k▲
Equity10/15€12k€-3k▼
Contributions10/11€19k€19k=
Reserves13€49k€49k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€-56k€-71k▼
Amounts payable17/49€51k€87k▲
Amounts payable after more than one year17€40k€30k▼
Financial debts170/4€40k€30k▼
Amounts payable within one year42/48€11k€41k▲
Current portion of amounts payable after more than one year42€9k€11k▲
Trade debts44€1k€11k▲
Suppliers440/4€1k€11k▲
Taxes, remuneration and social security45€295€574▲
Taxes450/3€295€574▲
Other amounts payable47/48€0€18k▲
Accrued charges and deferred income492/3-€17k
Income statement
Code20232024
Remuneration, social security and pensions62€83-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-18k€948▲
Operating profit (loss)9901€-24k€-13k▲
Financial income75/76B€10€0▼
Recurring financial income75€10€0▼
Financial charges65/66B€-311€2k▲
Recurring financial charges65€-311€2k▲
Profit (loss) for the period before taxes9903€-23k€-15k▲
Profit (loss) for the period9904€-23k€-15k▲
Profit (loss) for the period to be appropriated9905€-23k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-71k▼
Profit (loss) brought forward from the previous period14P€-33k€-56k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 41 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 1.84
Current ratio from 0.17 to 1.84; short-term debt falls from €34k to €14k.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Back to profitnet €621
Net result €621 after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kontich · 1 establishment unit since 2014
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.
Abraham Hanslaan 412550 KontichGround area
743 m²
Building footprint
144 m²
Volume, LiDAR
447 m³
Parcel 11602E0196/00Y000, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ANTWERP CLUE
since 20142.235.950.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0196/00Y000 | Flanders | 743 m² | 1 · 144 m² | 4.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 12,829 EUR awarded · 12,829 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 12,829 EUR | 12,829 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Vlaams beschermingsmechanisme 12 (stopgezet)
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Of 6,728 companies in sector 93299 we hold annual accounts for 1,168. 704 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2014
Fiscal year end31-12
Activities, NACEBEL
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.