CW LOGISTICS
ActiveCW LOGISTICS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €602k and a net result of €80k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-15
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 17.15 against 11.2 in 2024; short-term debt: 5.3% and cash: 2% of total assets), and 5.7% 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
94.3%
Return on assets
12.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
3 d late
2022
31 d early
2021
2 d early
2020
94 d early
2019
85 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€602k▲ 15.4%
2024 · €521k
2018: €324k
2019: €370k
2020: €404k
2022: €395k
2023: €452k
2024: €521k
2018 → 2025
Total assets
€638k▲ 12.1%
2024 · €569k
2018: €403k
2019: €433k
2020: €478k
2022: €436k
2023: €495k
2024: €569k
2018 → 2025
Net result
€80k▲ 16.9%
2024 · €69k
2018: €62k
2019: €66k
2020: €65k
2022: €73k
2023: €58k
2024: €69k
2018 → 2025
Working capital
€547k▲ 17.8%
2024 · €464k
2018: €272k
2019: €316k
2020: €350k
2022: €339k
2023: €394k
2024: €464k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€404k-€395k▼ 2.4%€452k▲ 14.6%€521k▲ 15.2%€602k▲ 15.4%
Operating result€87k-€109k▲ 24.2%€86k▼ 20.3%€104k▲ 20.6%€115k▲ 10.3%
Net result€65k-€73k▲ 13.4%€58k▼ 21.1%€69k▲ 19.1%€80k▲ 16.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €638k
Fixed assets
€57k▼ 4.2%
Current assets
€581k▲ 14.0%
Equity and liabilities €638k
Equity
€602k▲ 15.4%
Debt
€36k▼ 24.3%
The debt ratio falls from 8.5% to 5.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
94.3%▲
2024 · 91.5%
Current ratio
17.15▲
2024 · 11.20
Quick ratio
17.15▲
2024 · 11.20
Debt / equity
0.06▼
2024 · 0.09
ROE
13.4%▲
2024 · 13.2%
ROA
12.6%▲
2024 · 12.1%
Debt
€36k▼
2024 · €48k
Debt ≤ 1 year
€34k▼
2024 · €46k
Income taxes
€38k▲
2024 · €35k
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€569k€638k▲
Fixed assets21/28€59k€57k▼
Tangible fixed assets22/27€59k€57k▼
Land and buildings22€57k€57k=
Furniture and vehicles24€2k-
Current assets29/58€510k€581k▲
Amounts receivable after more than one year29€193k€206k▲
Other amounts receivable291€193k€206k▲
Amounts receivable within one year40/41€300k€342k▲
Trade receivables40€714€18k▲
Other amounts receivable41€299k€324k▲
Cash at bank and in hand54/58-€13k
Deferred charges and accrued income490/1€16k€21k▲
Equity and liabilities
Total equity and liabilities10/49€569k€638k▲
Equity10/15€521k€602k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€503k€583k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€497k€577k▲
Amounts payable17/49€48k€36k▼
Amounts payable within one year42/48€46k€34k▼
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€5k€13k▲
Suppliers440/4€5k€13k▲
Taxes, remuneration and social security45€38k€21k▼
Taxes450/3€38k€21k▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€3k€2k▼
Gross operating margin9900€109k€117k▲
Operating profit (loss)9901€104k€115k▲
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€1k€914▼
Recurring financial charges65€1k€914▼
Profit (loss) for the period before taxes9903€103k€118k▲
Income taxes67/77€35k€38k▲
Profit (loss) for the period9904€69k€80k▲
Profit (loss) for the period to be appropriated9905€69k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€80k▲
Transfer to equity691/2€69k€80k▲
To other reserves6921€69k€80k▲
The notes to these accounts (5 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €80k ▲16.9%
Operating result €115k, net result €80k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €500kEq €521k ▲15.2%
6 profitable years in a row build equity to €521k.
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
30-09
Financial
Weakest financial yearnet €58k ▼21.1%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-02
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
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1992
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.
Groenenborgerlaan 222610 AntwerpenGround area
2,373 m²
Building footprint
469 m²
Volume, LiDAR
11,590 m³
Parcel 11051B0075/00H000, Flanders · tallest building 28.4 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
CW LOGISTICS BVBA
since 19922.056.587.070
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0075/00H000 | Flanders | 2,373 m² | 1 · 469 m² | 28.4 m · 9 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
QUBIT
BE 0675.724.071
Zoersel · Eq €602k
LogicMedia
BE 0834.220.091
Sint-Lievens-Houtem · Eq €602k
able PM
BE 0848.598.263
Mechelen · Eq €601k
Smooth on top of it
BE 0769.554.844
Antwerpen · Eq €601k
NRIS
BE 0477.719.852
Châtelet · Eq €602k
Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 11,142 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-02-1992
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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.