CWMG
ActiveThe computed 12-month bankruptcy probability of CWMG is 4.6% (elevated). The 2025 annual accounts show negative equity (€-6k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
27
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-62
Solvency18▼-82
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93 against 8.13 in 2024; short-term debt: 106.3% and cash: 87.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7%
Return on assets
-12.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-6k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
16 d early
2023
9 d early
2022
28 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-6k
2024 · €74k
2022: €25k
2023: €52k
2024: €74k
2022 → 2025
Total assets
€91k▲ 6.8%
2024 · €85k
2022: €34k
2023: €66k
2024: €85k
2022 → 2025
Net result
€-11k
2024 · €23k
2022: €20k
2023: €28k
2024: €23k
2022 → 2025
Working capital
€-7k
2024 · €73k
2022: €25k
2023: €51k
2024: €73k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€25k-€52k▲ 108%€74k▲ 43.4%€-6k
Operating result€25k-€34k▲ 39.1%€48k▲ 39.7%€30k▼ 38.6%
Net result€20k-€28k▲ 39.8%€23k▼ 15.9%€-11k
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 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€1k▼ 35.8%
Current assets
€90k▲ 7.7%
Key figures and ratios
EBITDA
€30k▼
2024 · €49k
Cash flow
€-11k▼
2024 · €24k
Solvency
-7.0%▼
2024 · 87.4%
Current ratio
0.93▼
2024 · 8.13
Quick ratio
0.93▼
2024 · 8.13
Debt / equity
-15.31▼
2024 · 0.14
ROA
-12.5%▼
2024 · 27.5%
Interest coverage
0.73▼
2024 · 2.57
Debt
€97k▲
2024 · €11k
Debt ≤ 1 year
€97k▲
2024 · €10k
Income taxes
€132▼
2024 · €7k
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€85k€91k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€83k€90k▲
Amounts receivable within one year40/41€2k€6k▲
Trade receivables40€2k€793▼
Other amounts receivable41€0€5k▲
Cash at bank and in hand54/58€77k€79k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€85k€91k▲
Equity10/15€74k€-6k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€69k€-11k▼
Amounts payable17/49€11k€97k▲
Amounts payable within one year42/48€10k€97k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€7k€0▼
Taxes450/3€7k€0▼
Other amounts payable47/48€2k€96k▲
Accrued charges and deferred income492/3€497€588▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€450€589▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€50k€31k▼
Operating profit (loss)9901€48k€30k▼
Financial income75/76B€1k€721▼
Recurring financial income75€1k€721▼
Financial charges65/66B€19k€41k▲
Recurring financial charges65€19k€41k▲
Profit (loss) for the period before taxes9903€31k€-11k▼
Income taxes67/77€7k€132▼
Profit (loss) for the period9904€23k€-11k▼
Profit (loss) for the period to be appropriated9905€23k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€58k▼
Profit (loss) brought forward from the previous period14P€47k€69k▲
Profit to be distributed694/7€859€69k▲
Return on contributions (dividend)694€859€69k▲
The notes to these accounts (7 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼149%
Net result drops to €-11k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €28k ▲39.8%
Net result €28k, the highest in the series.
03-07
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 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, Namur · 1 establishment unit since 2022
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.
Rue du Pré-au-Loup(NN) 345100 NamurGround area
1,146 m²
Building footprint
270 m²
Volume, LiDAR
581 m³
2 parcels, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CWMG
since 20222.335.195.618
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0243/00T000 | Wallonia | 600 m² | 1 · 116 m² | 6.5 m · 2 fl. |
| 92006D0001/00M002 | Wallonia | 545 m² | 1 · 154 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Wallonia-Brussels Federation
2024 to 2025 · 2 entries · 243 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 1 | 164 EUR |
| 2024 | 1 | 79 EUR |
Budget allocations
Incitants format.
Recognitions · licences · registrations
Legal Entity Identifier
254900HD9NW18GYGB664
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+32498227322