C&W LOGISTICS
ActiveC&W LOGISTICS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.25M and a net result of €493k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-24
Solvency98▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.96 in 2024), and 42.2% 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○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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.8%
Return on assets
8.8%
Age of the figures
8 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
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 22-04-2026, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
100 d early
2023
104 d early
2022
87 d early
2021
72 d early
2020
43 d early
2019
21 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, abbreviated schema
Equity
€3.25M▲ 7.7%
2024 · €3.01M
2018: €1.19M
2019: €1.45M
2020: €1.60M
2021: €2.08M
2022: €2.32M
2023: €2.82M
2024: €3.01M
2018 → 2025
Total assets
€5.62M▲ 3.5%
2024 · €5.43M
2018: €2.56M
2019: €3.07M
2020: €3.15M
2021: €4.47M
2022: €4.13M
2023: €4.81M
2024: €5.43M
2018 → 2025
Net result
€493k▼ 34.1%
2024 · €747k
2018: €982k
2019: €367k
2020: €151k
2021: €694k
2022: €608k
2023: €892k
2024: €747k
2018 → 2025
Working capital
€2.44M▲ 18.6%
2024 · €2.05M
2018: €1.01M
2019: €1.27M
2020: €1.41M
2021: €1.79M
2022: €1.78M
2023: €2.07M
2024: €2.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.08M-€2.32M▲ 11.7%€2.82M▲ 21.3%€3.01M▲ 7.0%€3.25M▲ 7.7%
Operating result€927k-€825k▼ 11.0%€1.16M▲ 40.6%€1.01M▼ 13.0%€666k▼ 34.0%
Net result€694k-€608k▼ 12.4%€892k▲ 46.7%€747k▼ 16.2%€493k▼ 34.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 34% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.62M
Fixed assets
€987k▼ 19.7%
Current assets
€4.63M▲ 10.2%
Equity and liabilities €5.62M
Equity
€3.25M▲ 7.7%
Debt
€2.37M▼ 1.8%
The debt ratio falls from 44.5% to 42.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€987k▼
2024 · €1.25M
Cash flow
€814k▼
2024 · €985k
Solvency
57.8%▲
2024 · 55.5%
Current ratio
2.11▲
2024 · 1.96
Quick ratio
2.11▲
2024 · 1.96
Debt / equity
0.73▼
2024 · 0.80
ROE
15.2%▼
2024 · 24.8%
ROA
8.8%▼
2024 · 13.8%
Interest coverage
35.76▼
2024 · 64.56
Debt
€2.37M▼
2024 · €2.41M
Debt ≤ 1 year
€2.19M▲
2024 · €2.14M
Debt > 1 year
€177k▼
2024 · €269k
Income taxes
€166k▼
2024 · €258k
Staff costs
€5.36M▲
2024 · €4.48M
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€5.43M€5.62M▲
Fixed assets21/28€1.23M€987k▼
Intangible fixed assets21€15k€12k▼
Tangible fixed assets22/27€1.15M€911k▼
Furniture and vehicles24€1.12M€890k▼
Other tangible fixed assets26€31k€21k▼
Financial fixed assets28€65k€65k▼
Current assets29/58€4.20M€4.63M▲
Amounts receivable within one year40/41€2.50M€2.06M▼
Trade receivables40€2.50M€1.96M▼
Other amounts receivable41€7k€92k▲
Current investments50/53€475k-
Cash at bank and in hand54/58€1.06M€2.40M▲
Deferred charges and accrued income490/1€164k€169k▲
Equity and liabilities
Total equity and liabilities10/49€5.43M€5.62M▲
Equity10/15€3.01M€3.25M▲
Contributions10/11€19k€19k=
Reserves13€3.00M€3.23M▲
Distributable reserves133€3.00M€3.23M▲
Amounts payable17/49€2.41M€2.37M▼
Amounts payable after more than one year17€269k€177k▼
Financial debts170/4€269k€177k▼
Amounts payable within one year42/48€2.14M€2.19M▲
Current portion of amounts payable after more than one year42€89k€92k▲
Trade debts44€1.02M€806k▼
Suppliers440/4€1.02M€806k▼
Advances received on contracts in progress46-€97k
Taxes, remuneration and social security45€782k€1.04M▲
Taxes450/3€116k€282k▲
Remuneration and social security454/9€665k€755k▲
Other amounts payable47/48€251k€160k▼
Accrued charges and deferred income492/3€110-
Income statement
Code20242025
Non-recurring operating income76A€66k€51k▼
Remuneration, social security and pensions62€4.48M€5.36M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€238k€321k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-29k-
Other operating charges640/8€42k€10k▼
Non-recurring operating charges66A€725€3k▲
Gross operating margin9900€5.74M€6.36M▲
Operating profit (loss)9901€1.01M€666k▼
Financial income75/76B€15k€21k▲
Recurring financial income75€15k€21k▲
Financial charges65/66B€19k€28k▲
Recurring financial charges65€19k€28k▲
Profit (loss) for the period before taxes9903€1.00M€659k▼
Income taxes67/77€258k€166k▼
Profit (loss) for the period9904€747k€493k▼
Profit (loss) for the period to be appropriated9905€747k€493k▼
Appropriation of the result
Profit (loss) to be appropriated9906€747k€493k▼
Transfer from equity791/2€300k€100k▼
Transfer to equity691/2€497k€333k▼
To other reserves6921€497k€333k▼
Profit to be distributed694/7€550k€260k▼
Return on contributions (dividend)694€300k€100k▼
Directors or managers695€250k€160k▼
Social balance
Average headcount (FTE)908746.052.2▲
The notes to these accounts (16 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
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.08M ▲29.5%
4 profitable years in a row build equity to €2.08M.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €151k ▼58.9%
Net result drops to €151k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-05
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
2 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, Wielsbeke · 1 establishment unit since 2019
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.
Wandellaan 438710 WielsbekeGround area
2.5 ha
Building footprint
3,661 m²
Volume, LiDAR
52,377 m³
2 parcels, Flanders · tallest building 24.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
C&W Logistics
since 20192.285.687.214
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0282/00N000 | Flanders | 2.4 ha | 1 · 3,456 m² | 24.2 m · 5 fl. |
| 37017C0127/00W000 | Flanders | 1,044 m² | 1 · 205 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 to 2025 · 5 entries · 17,784 EUR awarded · 17,759 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 7,500 EUR |
| 2024 | 2 | 3,036 EUR | 3,036 EUR |
| 2023 | 1 | 3,092 EUR | 3,067 EUR |
| 2022 | 1 | 4,156 EUR | 4,156 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 15,004 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.