Turnover
≈ €3,700 estimated
The micro format states no turnover.
CWR
Lifetime
1 annual account with figurespeak €589 (2024)
€589
peak €179 (2024)
€179
peak €2,179 (2024)
€2,179
€34,997
Board1 name since 2024
1 directorDE JONGHE Robin Alfons Monique
Documentsfilings and deeds
31-08-202531 days late
2024micro format
Incorporation 17-061 establishment registeredFirst year with figures
Key points
from the 2024 annual accountsDebts
€34,997 94% of the balance sheet
Financial debts 75%Suppliers 10%Taxes and wages 12%Other 3%
Position in the sector
€2,179
Less equity than 85% of companies in advertising and market research. Sector median €62,901 · 8,799 companies.
2024 accounts filed 31 days after the deadline
Checked score
48
Fair
Financially stronger than 20% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,231 companies (NACE 73, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 0.9%lowest value
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 1.0%▲ +0.1 percentage points vs 08-2025
10-2025: 1.1%▲ +0.1 percentage points vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.2%▲ +0.1 percentage points vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.3%▲ +0.1 percentage points vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.4%▲ +0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +0.6 percentage points vs 07-2026
09-2026: 2.3%▲ +0.3 percentage points vs 08-2026
10-2026: 3.4%▲ +1.1 percentage points vs 09-2026highest value
11-2026: 3.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 31-08-2025)
Founded in 2024
1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 17% of them on solvency, 10% on liquidity and 32% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,135 companies had the same profile as CWR has now. Each dot stands for 6 companies, two years later.
92.0%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CWR itself: 3.4% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 2,135 companies, not a prediction for CWR. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 8787 sector peers (2024).
NBB · sector comparisonPosition among 8787 sector peers
Solvency
better than 15%
← weakest
strongest →
raises risk · 2024 accounts filed 31 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 31 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010334281
Incorporation
Founding capital of €2,000, 100 shares · Founder: DE JONGHE Robin Alfons Monique · Appointment: DE JONGHE Robin Alfons Monique (director) · published on 17-06-2024 · Gazette deed
First establishment
Deurnestraat 327, Mortsel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CWR Mortsel | €37,175 | €589 | 5.9% | - |
| THE CONNECTOR Leuven | €36,282 | -€11,569 | -30.8% | - |
| LEADGAINS Zulte | €41,574 | -€55,085 | -131.8% | - |
| Dynamic Business Support Knokke-Heist | €42,901 | -€7,205 | -56.7% | - |
| LNRD Productions Rixensart | €33,782 | -€8,234 | 76.2% | - |
| Keep Pedalling Dendermonde | €38,044 | -€7,215 | -85.4% | - |
| Pinçon Meise | €42,735 | -€37,830 | -106.2% | - |
These companies have the same main activity as CWR: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €33,800 and €42,900, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 13-06-2024Normal situation
- Activity
- Public relations and communication consultancyNACE 73300
- Establishment unit
- 2.360.534.1942640 Mortsel, since 13-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-10-2026
Insights on CWR
The computed 12-month bankruptcy probability of CWR is 3.4% (moderate). The 2024 annual accounts show equity of €2,179 and a net result of €179.
Its solvency ranks better than 15% of 8,787 sector peers (NACE 73, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CWR
- What is the company number of CWR?
- The company number of CWR is 1010.334.281. The VAT number is the same number with BE in front: BE 1010.334.281.
- Where is CWR based?
- The registered office is at Deurnestraat 327, 2640 Mortsel.Company details
- What does CWR do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of CWR?
- CWR is a private limited company (BV).
- When was CWR founded?
- CWR was founded on 13-06-2024.
- Is CWR still active?
- Yes, CWR is an active enterprise in the KBO register.
- What is the turnover of CWR?
- The turnover in financial year 2024 is ≈ €3,700. This figure is estimated from the gross margin of €589 and 41 comparable companies (NACE 73300). It probably lies between €1,600 and €6,100. It is a rough estimate.Financials
- Is CWR profitable?
- In financial year 2024, CWR made a profit of €179.
- Where can I find the annual accounts of CWR?
- CWR filed 1 annual account with the National Bank of Belgium, for financial year 2024.
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