CO2W
ActiveCO2W has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €6k. Its solvency ranks better than 61% of 2027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency82▲+12
Growth52
Track record82
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.75 in 2024; short-term debt: 33.8% and cash: 49.1% of total assets), and 42.9% 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
57.1%
Return on assets
22.2%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 d early
2024
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€16k▲ 63.5%
2024 · €10k
2024: €10k
2024 → 2025
Total assets
€29k▲ 28.5%
2024 · €22k
2024: €22k
2024 → 2025
Net result
€6k▼ 9.5%
2024 · €7k
2024: €7k
2024 → 2025
Working capital
€9k▲ 40.3%
2024 · €7k
2024: €7k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€10k-€16k▲ 63.5%
Operating result€9k-€9k▼ 6.7%
Net result€7k-€6k▼ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€10k▲ 37.3%
Current assets
€19k▲ 24.4%
Equity and liabilities €29k
Equity
€16k▲ 63.5%
Debt
€12k▲ 0.1%
The debt ratio falls from 55.1% to 42.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €11k
Cash flow
€10k▲
2024 · €8k
Solvency
57.1%▲
2024 · 44.9%
Current ratio
1.94▲
2024 · 1.75
Quick ratio
1.94▲
2024 · 1.75
Debt / equity
0.75▼
2024 · 1.23
ROE
38.8%▼
2024 · 70.2%
ROA
22.2%▼
2024 · 31.5%
Interest coverage
28.13▼
2024 · 28.95
Debt
€12k▲
2024 · €12k
Debt ≤ 1 year
€10k▲
2024 · €9k
Debt > 1 year
€3k▼
2024 · €4k
Income taxes
€2k=
2024 · €2k
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€22k€29k▲
Fixed assets21/28€7k€10k▲
Tangible fixed assets22/27€7k€10k▲
Furniture and vehicles24€7k€10k▲
Current assets29/58€15k€19k▲
Amounts receivable within one year40/41€5k€5k▼
Trade receivables40€5k-
Other amounts receivable41-€5k
Cash at bank and in hand54/58€10k€14k▲
Equity and liabilities
Total equity and liabilities10/49€22k€29k▲
Equity10/15€10k€16k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€7k€13k▲
Amounts payable17/49€12k€12k▲
Amounts payable after more than one year17€4k€3k▼
Financial debts170/4€4k€3k▼
Amounts payable within one year42/48€9k€10k▲
Current portion of amounts payable after more than one year42€3k€4k▲
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€2k€875▼
Other amounts payable47/48-€117
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€1k€681▼
Gross operating margin9900€12k€13k▲
Operating profit (loss)9901€9k€9k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€367€426▲
Recurring financial charges65€367€426▲
Profit (loss) for the period before taxes9903€9k€8k▼
Income taxes67/77€2k€2k=
Profit (loss) for the period9904€7k€6k▼
Profit (loss) for the period to be appropriated9905€7k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€13k▲
Profit (loss) brought forward from the previous period14P-€7k
The notes to these accounts (6 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Maldegem · 1 establishment unit since 2024
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.
Kallestraat 79991 MaldegemGround area
588 m²
Building footprint
224 m²
Volume, LiDAR
1,191 m³
Parcel 43001H0590/00E000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CO2W
since 20242.357.218.873
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0590/00E000 | Flanders | 588 m² | 1 · 224 m² | 9.4 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 92 EUR awarded · 92 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 92 EUR | 92 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,037 companies in sector 85531 we hold annual accounts for 346. 238 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2024
Fiscal year end31-12
Activities, NACEBEL
85531Driving schools for cars and motorcycles
82990Other business support services
85599Other education
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.