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Control W

Active
Private limited companyfounded 2024active for 2 yearsOude Weg 30, 2950 Kapellen, BelgiumKBO/BCE: BE 1004.292.963

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Control W has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27) and a net result of €4,283. Its solvency ranks better than 15% of 4,339 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed 5 days after the deadline Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00381579.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
05-08-2026
Format
micro format
Reference
2026-00381579
Turnover
≈ €29,000
Estimated: probably between €14,000 and €58,000
Total assets
€8,216▲ 628%
2024 · €1,129
Net result
€4,283
2024 · -€7,310
Working capital
-€1,008▲ 76.6%
2024 · -€4,310
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a profit of €4,431, after a loss of €7,185 in 2024.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€4,431 2025 Net result€4,283 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets and working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€7,185-€4,431
Net result-€7,310below the sector's middle half-€4,283within the sector's middle half
Equity-€4,310below the sector's middle half--€27below the sector's middle half▲ 99.4%
Total assets€1,129below the sector's middle half-€8,216below the sector's middle half▲ 628%
Debt€5,438-€8,243▲ 51.6%
Working capital-€4,310below the sector's middle half--€1,008below the sector's middle half▲ 76.6%
Solvency-0.3%below the sector's middle half
Current ratio0.88below the sector's middle half
Return on assets (ROA)52.1%above the sector's middle half
above within below The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €8,216
Fixed assets €980
Current assets €7,236
Equity and liabilities
Equity-€27
Debt€8,243
Equity is negative. Debt (€8,243) exceeds the balance-sheet total (€8,216).
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,441
Cash flow
€4,292
Interest coverage
29.83
Debt ≤ 1 year
€8,243▲
2024 · €5,438
The equity ratios are withheld because equity of -€27 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 1,017 companies had the same profile as Control W has now. Two years later, 6.5% had gone bankrupt and 89.2% were still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.0% stopped otherwise
89.2% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Control W itself is lower: 0.2% within 12 months. It rests on far more data about Control W than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,017 companies, not a prediction for Control W. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines

Source: Annual accounts 2025 at the NBB, filed on 05-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1,129€8,216▲
Fixed assets21/28-€980
Tangible fixed assets22/27-€980
Plant, machinery and equipment23-€980
Current assets29/58€1,129€7,236▲
Amounts receivable within one year40/41€469€0▼
Other amounts receivable41€469€0▼
Cash at bank and in hand54/58€660€7,236▲
Equity and liabilities
Total equity and liabilities10/49€1,129€8,216▲
Equity10/15-€4,310-€27▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€7,310-€3,027▲
Amounts payable17/49€5,438€8,243▲
Amounts payable within one year42/48€5,438€8,243▲
Trade debts44€1,783€1,497▼
Suppliers440/4€1,783€1,497▼
Taxes, remuneration and social security45-€85
Taxes450/3-€85
Other amounts payable47/48€3,656€6,661▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€10
Other operating charges640/8€50€120▲
Gross operating margin9900-€7,135€4,561▲
Operating profit (loss)9901-€7,185€4,431▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€125€149▲
Recurring financial charges65€125€149▲
Profit (loss) for the period before taxes9903-€7,310€4,283▲
Profit (loss) for the period9904-€7,310€4,283▲
Profit (loss) for the period to be appropriated9905-€7,310€4,283▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,310-€3,027▲
Profit (loss) brought forward from the previous period14P--€7,310

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€10-
Other operating charges640/8€50€120▲ 140%
Gross operating margin9900-€7,135€4,561-
Operating profit (loss)9901-€7,185€4,431-
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B€125€149▲ 19.1%
Recurring financial charges65€125€149▲ 19.1%
Profit (loss) for the period before taxes9903-€7,310€4,283-
Profit (loss) for the period9904-€7,310€4,283-
Profit (loss) for the period to be appropriated9905-€7,310€4,283-
Line20242025Change
Assets
Total assets20/58€1,129€8,216▲ 628%
Fixed assets21/28-€980-
Tangible fixed assets22/27-€980-
Plant, machinery and equipment23-€980-
Current assets29/58€1,129€7,236▲ 541%
Amounts receivable within one year40/41€469€0▼ 100%
Other amounts receivable41€469€0▼ 100%
Cash at bank and in hand54/58€660€7,236▲ 997%
Equity and liabilities
Total equity and liabilities10/49€1,129€8,216▲ 628%
Equity10/15-€4,310-€27▲ 99.4%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€7,310-€3,027▲ 58.6%
Amounts payable17/49€5,438€8,243▲ 51.6%
Amounts payable within one year42/48€5,438€8,243▲ 51.6%
Trade debts44€1,783€1,497▼ 16.0%
Suppliers440/4€1,783€1,497▼ 16.0%
Taxes, remuneration and social security45-€85-
Taxes450/3-€85-
Other amounts payable47/48€3,656€6,661▲ 82.2%
Line20242025Change
Profit (loss) for the period9904-€7,310€4,283-
+ Depreciation and write-downs630-€10-
Operating cash flow (approximation)-€7,310€4,292-
Change in cash-€6,576-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 05-08-2026 2026-00381579 NBB
31-12-2024 micro format 06-08-2025 2025-00360764 PDF

Comparable companies

These companies have the same main activity as Control W: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €6,020 and €14,000, founded between 2023 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Control W Kapellen2024€8,216-€27€4,561€4,2832025
CONSULTANCE SECURITE INCENDIE & AMENAGEMENT Beaumont2023€6,019€2,257€4,157€3,1762025
CERTIFAS Oudenaarde2023€8,254€6,297€3,472€2,4552025
a-consulting Brecht2023€12,560€9,091€5,157€3,8552025
Groma Brasschaat2023€14,016€7,516€3,965€1,6032025
Engelbosch-Page Consultancy Wellen2025€7,534€5,117€3,705€2,1172025
L'académie de la cuisine Liège2025€8,941€5,532€5,692€3,5322025

They were chosen from the 2,006 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Subsidies and aid

Flemish government

2025 · 1 entry · €195 awarded · €195 paid
Schemes
1 entry · €195 · €195 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.