Summary
CW Finances is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €261k and a net result of €182k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 38% of 2435 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €261k
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
14 d early
2023
30 d late
2022
31 d late
2021
30 d late
2020
88 d late
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€261k▲ 45.5%
2024 · €180k
2018: €244k
2019: €235k
2020: €140k
2021: €104k
2022: €86k
2023: €152k
2024: €180k
2018 → 2025
Net result
€182k▲ 168%
2024 · €68k
2018: €49k
2019: €-9k
2020: €-95k
2021: €-36k
2022: €-18k
2023: €66k
2024: €68k
2018 → 2025
Total assets
€730k▲ 8.8%
2024 · €671k
2018: €495k
2019: €709k
2020: €836k
2021: €778k
2022: €726k
2023: €712k
2024: €671k
2018 → 2025
Solvency
35.8%▲ 9.0pp
2024 · 26.8%
2018: 49.3%
2019: 33.2%
2020: 16.7%
2021: 13.4%
2022: 11.9%
2023: 21.3%
2024: 26.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€86k▼ 17.5%€152k▲ 76.5%€180k▲ 18.3%€261k▲ 45.5%
Operating result€-19k-€-2k▲ 89.8%€80k€86k▲ 7.3%€255k▲ 195%
Net result€-36k-€-18k▲ 48.5%€66k€68k▲ 2.9%€182k▲ 168%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 195% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €730k
Fixed assets
€572k ▼ 0.8%
Current assets
€158k ▲ 67.7%
Equity and liabilities €730k
Equity
€261k ▲ 45.5%
Debt
€468k ▼ 4.6%
Debt's share of the balance-sheet total falls from 73.2% to 64.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
69.5%▲
2024 · 37.7%
ROA
24.9%▲
2024 · 10.1%
Debt ≤ 1 year
€137k▲
2024 · €108k
Debt > 1 year
€330k▼
2024 · €383k
Income taxes
€57k▲
2024 · €6k
Staff costs
€141k▲
2024 · €107k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€671k€730k▲
Fixed assets21/28€577k€572k▼
Intangible fixed assets21€7k€32k▲
Tangible fixed assets22/27€569k€540k▼
Land and buildings22€528k€513k▼
Plant, machinery and equipment23€25k€20k▼
Furniture and vehicles24€16k€7k▼
Current assets29/58€94k€158k▲
Amounts receivable within one year40/41€28k€18k▼
Trade receivables40€7k€10k▲
Other amounts receivable41€21k€8k▼
Cash at bank and in hand54/58€17k€71k▲
Deferred charges and accrued income490/1€49k€70k▲
Equity and liabilities
Total equity and liabilities10/49€671k€730k▲
Equity10/15€180k€261k▲
Contributions10/11€19k€19k=
Reserves13€161k€243k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€159k€241k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€491k€468k▼
Amounts payable after more than one year17€383k€330k▼
Financial debts170/4€383k€330k▼
Amounts payable within one year42/48€108k€137k▲
Current portion of amounts payable after more than one year42€60k€53k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€18k€21k▲
Suppliers440/4€18k€21k▲
Taxes, remuneration and social security45€31k€41k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€28k€37k▲
Other amounts payable47/48€0€22k▲
Accrued charges and deferred income492/3€199€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€107k€141k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€41k▼
Other operating charges640/8€46k€4k▼
Gross operating margin9900€281k€441k▲
Operating profit (loss)9901€86k€255k▲
Financial income75/76B€906€10▼
Recurring financial income75€906€10▼
Financial charges65/66B€13k€16k▲
Recurring financial charges65€13k€16k▲
Profit (loss) for the period before taxes9903€74k€239k▲
Income taxes67/77€6k€57k▲
Profit (loss) for the period9904€68k€182k▲
Profit (loss) for the period to be appropriated9905€68k€182k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€182k▲
Transfer to equity691/2€28k€82k▲
To other reserves6921€28k€82k▲
Profit to be distributed694/7€40k€100k▲
Return on contributions (dividend)694€40k€100k▲
The notes to these accounts (20 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €182k ▲168%
Operating result €255k, net result €182k, both a record.
31-12
Financial
Equity above €200kEq €261k ▲45.5%
3 profitable years in a row build equity to €261k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €66k
Net result €66k after 4 loss-making years.
31-12
Financial
Equity above €150kEq €152k ▲76.5%
Equity rises from €86k to €152k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €-95k
Net result drops to €-95k, the lowest in the series; recovery starts the following year.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
Show earlier events
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Neupré · 2 establishment units since 2016
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.
Route du Condroz(N) 1094121 NeupréGround area
1.1 ha
Building footprint
293 m²
Volume, LiDAR
3,022 m³
Parcel 61044B0109/00D000, Wallonia · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
CW Finances
since 20162.250.047.830
Route du Condroz(N) 109, 4121 Neupré
since 20202.311.025.691
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61044B0109/00D000 | Wallonia | 1.1 ha | 1 · 293 m² | 14.1 m · 4 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 4,683 companies in sector 66220 we hold annual accounts for 3,228. 2,773 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
66199Other activities auxiliary to financial services, excluding insurance and pension funding
66220Insurance agents and brokers
64929Financial service activities, except insurance and pension funding
69109Other legal services
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.