CW
ActiveThe computed 12-month bankruptcy probability of CW is 1.8% (moderate). The 2025 annual accounts show equity of €214k and a net result of €9k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 7293 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-80
Solvency98▼-2
Growth52=
Stability94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 10.74 in 2024), and 42.4% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
57.6%
Return on assets
2.4%
Age of the figures
8 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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
9 d early
2023
19 d early
2022
4 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€214k▲ 4.3%
2024 · €206k
2022: €110k
2023: €161k
2024: €206k
2022 → 2025
Total assets
€372k▲ 67.7%
2024 · €222k
2022: €202k
2023: €178k
2024: €222k
2022 → 2025
Net result
€9k▼ 80.2%
2024 · €44k
2022: €110k
2023: €52k
2024: €44k
2022 → 2025
Working capital
€172k▲ 7.3%
2024 · €160k
2022: €76k
2023: €120k
2024: €160k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€110k-€161k▲ 47.2%€206k▲ 27.4%€214k▲ 4.3%
Operating result€140k-€64k▼ 54.0%€54k▼ 15.4%€13k▼ 76.6%
Net result€110k-€52k▼ 52.8%€44k▼ 14.5%€9k▼ 80.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 77% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €372k
Fixed assets
€43k▼ 6.5%
Current assets
€329k▲ 86.9%
Equity and liabilities €372k
Equity
€214k▲ 4.3%
Debt
€158k▲ 862%
The debt ratio rises from 7.4% to 42.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€29k▼
2024 · €72k
Cash flow
€25k▼
2024 · €62k
Solvency
57.6%▼
2024 · 92.6%
Current ratio
2.09▼
2024 · 10.74
Quick ratio
1.18▼
2024 · 10.74
Debt / equity
0.74▲
2024 · 0.08
ROE
4.1%▼
2024 · 21.5%
ROA
2.4%▼
2024 · 19.9%
Interest coverage
56.79▼
2024 · 627.19
Debt
€158k▲
2024 · €16k
Debt ≤ 1 year
€158k▲
2024 · €16k
Income taxes
€4k▼
2024 · €11k
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€222k€372k▲
Fixed assets21/28€46k€43k▼
Tangible fixed assets22/27€46k€43k▼
Plant, machinery and equipment23€36k€36k▼
Furniture and vehicles24€10k€7k▼
Current assets29/58€176k€329k▲
Stocks and contracts in progress3-€143k
Stocks30/36-€143k
Amounts receivable within one year40/41€70k€73k▲
Trade receivables40€54k€27k▼
Other amounts receivable41€16k€46k▲
Cash at bank and in hand54/58€103k€111k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€222k€372k▲
Equity10/15€206k€214k▲
Reserves13€206k€214k▲
Distributable reserves133€206k€214k▲
Amounts payable17/49€16k€158k▲
Amounts payable within one year42/48€16k€158k▲
Trade debts44€10k€23k▲
Suppliers440/4€10k€23k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€1k€21▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€2k€132k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€16k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€73k€31k▼
Operating profit (loss)9901€54k€13k▼
Financial income75/76B€926€691▼
Recurring financial income75€926€691▼
Financial charges65/66B€115€504▲
Recurring financial charges65€115€504▲
Profit (loss) for the period before taxes9903€55k€13k▼
Income taxes67/77€11k€4k▼
Profit (loss) for the period9904€44k€9k▼
Profit (loss) for the period to be appropriated9905€44k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€9k▼
Transfer to equity691/2€44k€9k▼
To other reserves6921€44k€9k▼
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €9k ▼80.2%
Net result drops to €9k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €206k ▲27.4%
3 profitable years in a row build equity to €206k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 8.05
Current ratio from 1.83 to 8.05; short-term debt falls from €93k to €17k.
31-12
Financial
Equity above €150kEq €161k ▲47.2%
2 profitable years in a row build equity to €161k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
Tineke Hendrickx
CurrentDirector · since 20-12-2024
20-12-2024
Appointed as Director
Location & real-estate footprint
Registered office, Begijnendijk · 1 establishment unit since 2021
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.
Baalsesteenweg 523130 BegijnendijkGround area
504 m²
Building footprint
90 m²
Volume, LiDAR
477 m³
Parcel 24007A0280/00M000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CW Grond- & Afbraakwerken
since 20212.315.021.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24007A0280/00M000 | Flanders | 504 m² | 1 · 90 m² | 6.1 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.
Similar companies · same sector, comparable size
ROSALIN CONSTRUCT
BE 0645.653.576
Ganshoren · Eq €214k
BLUE CEDAR
BE 0879.166.230
Watermaal-Bosvoorde · Eq €214k
MG IMMO
BE 0849.434.443
La Louvière · Eq €214k
MOTYBEL
BE 0875.213.182
Sint-Lambrechts-Woluwe · Eq €214k
THISSEN Michel
BE 0873.778.770
Welkenraedt · Eq €214k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 11,799 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.