BWB
ActiveThe annual accounts of BWB for fiscal year 2025 show a net loss of 60% of total assets and of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €28k and a net result of €-108k. Equity is shrinking by ~19.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 35% of 9150 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-81
Solvency41▼-48
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.18 against 2.77 in 2024; short-term debt: 84.2% and cash: 50.4% of total assets), and 84.2% of the assets are financed with debt.
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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
15.8%
Return on assets
-59.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
8 d early
2023
13 d early
2022
3 d early
2021
3 d early
2020
1 d early
2019
3 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€28k▼ 79.1%
2024 · €136k
2018: €88k
2019: €221k
2020: €346k
2021: €315k
2022: €137k
2023: €115k
2024: €136k
2018 → 2025
Total assets
€180k▼ 14.7%
2024 · €211k
2018: €270k
2019: €496k
2020: €570k
2021: €484k
2022: €403k
2023: €301k
2024: €211k
2018 → 2025
Net result
€-108k
2024 · €21k
2018: €3k
2019: €133k
2020: €125k
2021: €-67k
2022: €-177k
2023: €-23k
2024: €21k
2018 → 2025
Working capital
€27k▼ 79.3%
2024 · €132k
2018: €49k
2019: €181k
2020: €304k
2021: €295k
2022: €125k
2023: €107k
2024: €132k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€315k-€137k▼ 56.4%€115k▼ 16.5%€136k▲ 18.6%€28k▼ 79.1%
Operating result€-67k-€-128k▼ 90.2%€-21k▲ 83.9%€21k€-107k
Net result€-67k-€-177k▼ 164%€-23k▲ 87.2%€21k€-108k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €107k after €21k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180k
Fixed assets
€1k▼ 72.4%
Current assets
€179k▼ 13.7%
Equity and liabilities €180k
Equity
€28k▼ 79.1%
Debt
€152k▲ 102%
The debt ratio rises from 35.5% to 84.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-105k▼
2024 · €26k
Cash flow
€-105k▼
2024 · €25k
Solvency
15.8%▼
2024 · 64.5%
Current ratio
1.18▼
2024 · 2.77
Quick ratio
1.18▼
2024 · 2.77
Debt / equity
5.33▲
2024 · 0.55
ROE
-378.9%▼
2024 · 15.7%
ROA
-59.8%▼
2024 · 10.1%
Interest coverage
-946.16▼
2024 · 169.33
Debt
€152k▲
2024 · €75k
Debt ≤ 1 year
€152k▲
2024 · €75k
Staff costs
€3k▼
2024 · €157k
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€211k€180k▼
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€4k€1k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€3k-
Current assets29/58€207k€179k▼
Amounts receivable within one year40/41€120k€88k▼
Trade receivables40€106k€82k▼
Other amounts receivable41€14k€6k▼
Cash at bank and in hand54/58€88k€91k▲
Equity and liabilities
Total equity and liabilities10/49€211k€180k▼
Equity10/15€136k€28k▼
Contributions10/11€19k€19k=
Reserves13€344k€344k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€342k€342k=
Profit (loss) carried forward14€-227k€-334k▼
Amounts payable17/49€75k€152k▲
Amounts payable within one year42/48€75k€152k▲
Trade debts44€18k€52k▲
Suppliers440/4€18k€52k▲
Taxes, remuneration and social security45€13k-
Remuneration and social security454/9€13k-
Other amounts payable47/48€44k€99k▲
Income statement
Code20242025
Remuneration, social security and pensions62€157k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€777€520▼
Non-recurring operating charges66A€5k-
Gross operating margin9900€188k€-101k▼
Operating profit (loss)9901€21k€-107k▼
Financial charges65/66B€151€111▼
Recurring financial charges65€151€111▼
Profit (loss) for the period before taxes9903€21k€-108k▼
Profit (loss) for the period9904€21k€-108k▼
Profit (loss) for the period to be appropriated9905€21k€-108k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-227k€-334k▼
Profit (loss) brought forward from the previous period14P€-248k€-227k▲
Social balance
Average headcount (FTE)90873.72.0▼
The notes to these accounts (4 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after 3 loss-making years.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-177k
Net result drops to €-177k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €133k ▲4138%
Operating result €201k, net result €133k, both a record.
31-12
Financial
Equity above €200kEq €221k ▲151%
2 profitable years in a row build equity to €221k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Dessel · 1 establishment unit since 2009
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.
Zanddijk 172480 DesselGround area
2,053 m²
Building footprint
256 m²
Volume, LiDAR
1,529 m³
Parcel 13006B0633/00G000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BWB
since 20092.178.573.280
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006B0633/00G000 | Flanders | 2,053 m² | 1 · 256 m² | 9.2 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.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 4,453 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-05-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
43331Floor and wall tiling
43410Roofing work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.