CWS Systems
ActiveCWS Systems has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €94k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
98
/ 100
Excellent▲ +22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+88
Solvency100▲+34
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.49 against 3.9 in 2024), and 22.2% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
77.8%
Return on assets
105.3%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
9 d early
2022
4 d early
2021
5 d early
2020
31 d late
2019
56 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▼ 6.1%
2024 · €74k
2018: €6k
2019: €17k
2020: €50k
2021: €58k
2022: €66k
2023: €72k
2024: €74k
2018 → 2025
Total assets
€90k▼ 65.9%
2024 · €263k
2018: €364k
2019: €365k
2020: €364k
2021: €354k
2022: €314k
2023: €345k
2024: €263k
2018 → 2025
Net result
€94k▲ 5,132%
2024 · €2k
2018: €-17k
2019: €10k
2020: €33k
2021: €8k
2022: €8k
2023: €42k
2024: €2k
2018 → 2025
Working capital
€70k▲ 0.5%
2024 · €69k
2018: €5k
2019: €4k
2020: €43k
2021: €43k
2022: €49k
2023: €56k
2024: €69k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€66k▲ 13.3%€72k▲ 10.0%€74k▲ 2.5%€70k▼ 6.1%
Operating result€13k-€16k▲ 15.4%€62k▲ 299%€10k▼ 84.0%€142k▲ 1,335%
Net result€8k-€8k▼ 3.2%€42k▲ 441%€2k▼ 95.7%€94k▲ 5,132%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,335% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€50▼ 100.0%
Current assets
€90k▼ 3.9%
Equity and liabilities €90k
Equity
€70k▼ 6.1%
Debt
€20k▼ 89.4%
The debt ratio falls from 71.8% to 22.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€154k▲
2024 · €22k
Cash flow
€106k▲
2024 · €14k
Solvency
77.8%▲
2024 · 28.2%
Current ratio
4.49▲
2024 · 3.90
Quick ratio
3.35▲
2024 · 2.84
Debt / equity
0.29▼
2024 · 2.55
ROE
135.4%▲
2024 · 2.4%
ROA
105.3%▲
2024 · 0.7%
Interest coverage
9.86▲
2024 · 3.15
Debt
€20k▼
2024 · €189k
Debt ≤ 1 year
€20k▼
2024 · €24k
Income taxes
€32k▲
2024 · €1k
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€263k€90k▼
Fixed assets21/28€170k€50▼
Tangible fixed assets22/27€170k€50▼
Land and buildings22€170k-
Plant, machinery and equipment23€267€50▼
Current assets29/58€93k€90k▼
Stocks and contracts in progress3€25k€23k▼
Stocks30/36€25k€23k▼
Amounts receivable within one year40/41€19k€16k▼
Trade receivables40€14k€13k▼
Other amounts receivable41€5k€3k▼
Current investments50/53€10k€88▼
Cash at bank and in hand54/58€38k€49k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€263k€90k▼
Equity10/15€74k€70k▼
Contributions10/11€19k€19k=
Reserves13€56k€51k▼
Non-distributable reserves130/1€256€256=
Reserves not available under the articles1311€256€256=
Distributable reserves133€55k€51k▼
Amounts payable17/49€189k€20k▼
Amounts payable after more than one year17€165k-
Financial debts170/4€165k-
Amounts payable within one year42/48€24k€20k▼
Current portion of amounts payable after more than one year42€11k-
Financial debts43€470-
Credit institutions430/8€470-
Trade debts44€4k€11k▲
Suppliers440/4€4k€11k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€5k€5k=
Income statement
Code20242025
Non-recurring operating income76A-€162k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k=
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€27k€156k▲
Operating profit (loss)9901€10k€142k▲
Financial income75/76B€94€84▼
Recurring financial income75€94€84▼
Financial charges65/66B€7k€16k▲
Recurring financial charges65€7k€16k▲
Profit (loss) for the period before taxes9903€3k€127k▲
Income taxes67/77€1k€32k▲
Profit (loss) for the period9904€2k€94k▲
Profit (loss) for the period to be appropriated9905€2k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€94k▲
Transfer from equity791/2-€4k
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7-€99k
Return on contributions (dividend)694-€99k
The notes to these accounts (6 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €94k ▲5132%
Operating result €142k, net result €94k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 3.90
Current ratio from 1.58 to 3.90; short-term debt falls from €97k to €24k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aalter · 2 establishment units since 2017
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.
Eentveldstraat 1089910 AalterGround area
2,508 m²
Building footprint
604 m²
Volume, LiDAR
3,261 m³
3 parcels, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
cws systems bvba
since 20172.265.184.778
CWS systems Maldegem
since 20172.291.990.729
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029A0637/00E000 | Flanders | 1,324 m² | 1 · 128 m² | 8.1 m · 2 fl. |
| 44029B0371/00C002 | Flanders | 873 m² | 1 · 206 m² | 7.9 m · 2 fl. |
| 43502D0222/00D002 | Flanders | 311 m² | 1 · 271 m² | 11.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
Flemish government
2022 to 2024 · 3 entries · 1,177 EUR awarded · 1,177 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 495 EUR | 495 EUR |
| 2023 | 1 | 479 EUR | 479 EUR |
| 2022 | 1 | 203 EUR | 203 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,209 companies in sector 47400 we hold annual accounts for 1,793. 1,449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-06-2017
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
43211General electrical installation work
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.