Turnover
≈ €160,000 estimated
The micro format states no turnover.
CWT
Overview
Lifetime
1 annual account with figurespeak €15,902 (2025)
€15,902
peak €10,215 (2025)
€10,215
peak €12,715 (2025)
€12,715
€7,604
Board1 name since 2024
1 directorCOECK Wouter
Documentsfilings and deeds
29-05-202663 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Checked score
72
Healthy
Financially stronger than 83% of micro companies in repair of computers and personal goods (NACE 95)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 5,139 companies (NACE 95, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.8%
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.9%▲ +0.1 percentage points vs 02-2026
04-2026: 2.2%▲ +0.3 percentage points vs 03-2026
05-2026: 2.3%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.6%▼ -1.7 percentage points vs 05-2026lowest value
07-2026: 0.6%● unchanged vs 06-2026lowest value
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €20,318
lowers risk
Liquidity: current ratio 1.98, cash €8,113
Equity €12,715 (62.6% of total assets)
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 95, micro). It does better than 72% of them on solvency, 83% on liquidity and 94% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 11,279 companies had the same profile as CWT has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of CWT itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,448 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 11,279 companies, not a prediction for CWT. 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.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.98, above the usual 1.5. Short-term debt is 37.4% and cash 39.9% of total assets. 37.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-05-2026, 63 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
63 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- COECK Wouter 90 sharesdeed of 27-12-2024
- MORIS Kelly 10 sharesdeed of 27-12-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017880287
Incorporation
Founding capital of €2,500, 100 shares · Founders: COECK Wouter and MORIS Kelly · Appointment: COECK Wouter (director) · published on 27-12-2024 · Gazette deed
First establishment
Sterstraat 3, Rijkevorsel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CWT Rijkevorsel | €20,318 | €15,902 | 62.6% | - |
| BODY CAR REPAIR Tienen | €23,508 | €18,004 | 28.9% | - |
| WVR motoservice Begijnendijk | €16,943 | €14,322 | 66.2% | - |
| MSCP Herent | €22,677 | €19,941 | 24.5% | - |
| A.I. MECANIC Zaventem | €25,881 | €13,646 | 40.4% | - |
| MECANO.BRUSSELS Zaventem | €23,034 | €11,141 | 71.7% | - |
| Ybo Solutions Zele | €28,605 | €14,617 | 46.1% | - |
These companies have the same main activity as CWT: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €16,900 and €28,600, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 23-12-2024Normal situation
- Activity
- General maintenance and repair of cars and light vans (up to 3.5 tonnes)NACE 95311and 3 others
- Establishment unit
- 2.368.093.8602310 Rijkevorsel, since 23-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 13-10-2025
Annual accounts 2025
- €15,902
- €10,215
- €12,715
- €20,318
- Filing
- Filed on 29-05-2026, 63 days before the end of the filing period
Insights on CWT
CWT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,715 and a net result of €10,215.
Its solvency ranks better than 74% of 3,330 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-05-2026, 63 days before the deadline€15,902
€13,670
€10,215
€7,461
62.6%
1.98
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €81,000 and €380,000.
Balance sheet
balance sheet total €20,318 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
62.6%
Higher than 74% of 3,330 companies in 2025.
1.98
Higher than 65% of 3,212 companies in 2025.
50.3%
Higher than 95% of 3,239 companies in 2025.
CWT
Middle half of the sector
80% of the sector
Micro accounts in repair of computers and personal goods (NACE 95)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
20,318 | |
21/28 |
5,254 | |
22/27 |
5,254 | |
23 |
876 | |
24 |
4,378 | |
29/58 |
15,065 | |
40/41 |
6,643 | |
40 |
6,598 | |
41 |
45 | |
54/58 |
8,113 | |
490/1 |
308 | |
| Balance sheet: equity and liabilities | ||
10/49 |
20,318 | |
10/15 |
12,715 | |
10/11 |
2,500 | |
14 |
10,215 | |
17/49 |
7,604 | |
42/48 |
7,604 | |
44 |
1,200 | |
440/4 |
1,200 | |
45 |
2,805 | |
450/3 |
2,805 | |
47/48 |
3,598 | |
| Income statement | ||
9900 |
15,902 | |
630 |
746 | |
640/8 |
1,486 | |
9901 |
13,670 | |
75/76B |
0 | |
75 |
0 | |
9903 |
13,670 | |
67/77 |
3,455 | |
9904 |
10,215 | |
9905 |
10,215 | |
| Appropriation of the result | ||
9906 |
10,215 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-05-2026 | 2026-00125846 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 14,416 | ||
| 10,961 | ||
| 6,000 | ||
| 7,461 | ||
| 62.6% | ||
| 1.98 | ||
| 0.60 | ||
| 80.3% | ||
| 50.3% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €6,000 |
| €746 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on CWT
Debt's share of the balance-sheet total is 37.4%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 23-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 29-05-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 27-12-2024
Mandates through the years
1 name, the dashed line is todayCOECK Wouter
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- COECK Wouter
- Director (not named in the articles), from 23-12-2024 to date
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €127 in 2025
- Source
- deed of 27-12-2024
Articles of association
deed of 27-12-2024 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Wednesday of May at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 27-12-2024 ↗
- COECK Wouter 90 shares (90%) · €2,250
- MORIS Kelly 10 shares (10%) · €250
Network & group
No group
CWT has no parent and no holdings in its annual accounts. COECK Wouter is the only director. CWT shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 63 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017880287
2024
IncorporationFounding capital of €2,500, 100 shares · Founders: COECK Wouter and MORIS Kelly · Appointment: COECK Wouter (director) · published on 27-12-20245 points ▸
- Founder, COECK Wouter
- Founder, MORIS Kelly
- Founding capital, €2,500, 100 shares
- Board rule, 1
- Director appointment, COECK Wouter (director (not named in the articles))
- The deed holds 2 more points.
First establishment Sterstraat 3, Rijkevorsel
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1017.880.287
- VAT number
- BE 1017.880.287
- Peppol ID
- 0208:1017880287
- Other Peppol ID
- 9925:BE1017880287
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Wednesday of May at 19:00deed of 27-12-2024 (in Dutch)
- Peppol
- Reachable since 13-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CWT in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202595311
General maintenance and repair of cars and light vans (up to 3.5 tonnes) main activity
Codes under NACEBEL 2008
45201
main activity
45202
45203
52210
Service activities incidental to land transportation
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Uitvoeren van onderhouds- en herstellingswerken aan motorvoertuigen; Het beheren,uitbaten,valoriseren,huren en verhuren,verwerven of…”deed of 27-12-2024 (in Dutch)
6 activities
- Uitvoeren van onderhouds- en herstellingswerken aan motorvoertuigen;
- Het beheren,uitbaten,valoriseren,huren en verhuren,verwerven of vervreemden van alle roerende en onroerende goederen,het verkavelen,ordenen,het doen bouwen of verbouwen van onroerende goederen,evenals alle roerende en onroerende handelingen in de meest ruime zin;
- De vennootschap kan zich eveneens bezighouden met het beheer en het management van andere vennootschappen waar zij al dan niet een deelneming in bezit en kan tevens de functie van bestuurder of vereffenaar uitoefenen;
- Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen;
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borgstellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak;
- De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende en onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel of die van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sterstraat 3 registered office 2310 Rijkevorsel | 23-12-2024 | 2.368.093.860 |
Buildings and parcels at the address
- Ground area
- 3,763 m²
- Buildings
- 216 m²
- Volume, LiDAR
- 1,063 m³
- Tallest building
- 9.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13502D0102/00N002 | 3,763 m² | 1 · 216 m² | 9.5 m · 2 |