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Generated 12-08-2026
Active BE 0782.326.675Private limited company

CWSR Systems

Bredabaan 859 ·2930 Brasschaat, Belgium· 4 yrs active
Sector: Ontwerpen van computerprogramma’s (62100)
Conclusion Checked

The computed 12-month bankruptcy probability of CWSR Systems is 0.7% (low). The 2024 annual accounts show equity of €439. Its solvency ranks better than 18% of 7336 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €439
Better than sector 18%
Active 4 yrs
Board 1
Snowflake analysis 2 of 5 axes measured · computed by Checked

We have read too little about this company to state a profile. That is neither reassurance nor a warning.

Computed on 2 of 5 axes. Not measured: health, profitability, growth. An unmeasured axis is not a zero: no data was read for it.

Health -
Profitability -
Solvency 45
Growth -
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
0.7% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
No health score: the filing is too brief
The accounts filed for FY 2024 supply 2 of the 6 factors this model weighs. Below 3 we publish no score, because it would mostly describe the model rather than this company.
This is not a judgement about the company. Micro and abbreviated schemas may omit turnover (rubriek 70), which makes the EBITDA margin and often the interest coverage impossible to compute.
Financial overview1 NBB filings
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 25.0% 65.0%
better than 18% of 7336 sector peers
Equity €439 €58k
better than 9% of 7338 sector peers
Total assets €2k €103k
better than 5% of 7339 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit-
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€2k
Equity€439
Debt€1k
of which ≤ 1y€1k
of which > 1y-
Working capital€439
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.33
Quick ratio1.33
Working capital ratio25.0%
Solvency25.0%
Debt / equity3.00
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-
ROE-
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2k
Current assets 29/58€2k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€224
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2k
Equity 10/15€439
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€-2k
Amounts payable 17/49€1k
Amounts payable within one year 42/48€1k
Trade debts payable within one year 44€1k
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Geerts Rubine
    Director
    State Gazette act 25150026 (26-11-2025)
    Current
    01-11-2025 → present
Former directors (1)
  • De Decker Czernia
    Director
    State Gazette act 25150026 (26-11-2025)
    Former
    - → 01-11-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Ontwerpen van computerprogramma’s(62100)
Legal form Private limited company(610)
Incorporation17-02-2022
StatusActive
Postal code2930
Connections & network 14 connected companies
Network connections
ADD - APT
Shared address
→
APPRO
Shared address
→
BluJay Solutions
Shared address
→
DANSSCHOOL KWADRAAT
Shared address
→
DEOLEO BELGIUM
Shared address
→
HAVEN NATIE
Shared address
→
→
LIEZELIJN
Shared address
→
Move@Home
Shared address
→
Pivolté
Shared address
→
→
→
VASCOBELO GROUP
Shared address
→
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
CWSR Systems
Schuurkouter (BAA) 1, 9200 DendermondeOntwerpen en programmeren van computerprogramma's
since 20222.327.995.149
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11008H0250/00S000 Flanders 2,624 m² 1 · 588 m² -
42002B0288/00E002 Flanders 705 m² 1 · 172 m² 8.9 m · 2 fl.
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.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
26-11-2025
State Gazette act Registered-office change
v3.2
30-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2022
21-02-2022
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
Address history · 1
26-11-2025
v3.2
All acts · 2 updated 8 months ago
2025
26-11-2025 Registered office moved from Baasrode to Brasschaat Registered-office change
  • Schuurkouter 1, 9200 Baasrode → Bredabaan 859, 2930 Brasschaat
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Brasschaat",
        "region": null,
        "street": "Bredabaan",
        "country": "BE",
        "postcode": "2930",
        "box_number": null,
        "street_number": "859"
      },
      "old_address": {
        "city": "Baasrode",
        "region": null,
        "street": "Schuurkouter",
        "country": "BE",
        "postcode": "9200",
        "box_number": "E",
        "street_number": "1"
      },
      "effective_date": "2025-11-01",
      "evidence_quote": "De algemene vergadering van 1 November 2025 beslist om de maatschappelijke zetel te verplaatsen naar Bredabaan 859 te 2930 Brasschaat."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0782.326.675",
    "name_full": "CWSR SYSTEMS",
    "legal_form": "BV"
  }
}
2022
21-02-2022 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "Schuurkouter 1 bus E, 9200 Baasrode",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "DE DECKER Czernia",
        "niss": null,
        "address": "9200 Dendermonde (Baasrode), Schuurkouter 1 E"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 2000,
      "holder_person_name": "DE DECKER Czernia",
      "is_subscriber_only": true,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 2000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 2000,
  "subject_company": {
    "kbo": "0782.326.675",
    "name_full": "CWSR Systems",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2022-02-17",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100
Primary activity highlighted.
Names & trade names
Legal nameNL CWSR Systems
Registered office
Bredabaan 859
2930 Brasschaat, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative