Overdue debts
€51,739 on 31-12-2025
The annual accounts state €9,151 of overdue tax debts and €42,588 of overdue social security (RSZ) debts on 31-12-2025.
EWG
Lifetime
4 annual accounts with figures on one time axispeak €268,023 (2022)
-not published
lowest -€109,669 (2022)
€37,236▲ €43,392
peak -€53,746 (2025)
-€53,746▲ €37,236
€9.5m▲ 1.3%
peak 2.3 FTE (2025)
2.3 FTE▲ 15.0%
Board3 names since 2021
2 directorsENGELS B&E and 1 other
Owners
100%COCOCINEL
Documentsfilings and deeds
23-07-20268 days before the deadline
2025financial year
Back to profit: €37,236Staff from 2 FTE to 2.3 FTEEquity from -€90,982 to -€53,746Investments €22,550Cash from €29,683 to €10,141
Key points
from the 2025 annual accountsEquity
-€53,746
Debts exceed assets in financial year 2025.
Debts
€9.5m 101% of the balance sheet
Financial debts 69%Suppliers 2%Taxes and wages 1%Other 28%
Of this, €2.9m falls due within a year.
Investments
€22,550 9.4 × depreciation
Green is investment, beige is depreciation.
Staff
2 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
Position in the sector
-€53,746
Less equity than 94% of companies in head offices and management consultancy. Sector median €1.1m · 3,873 companies.
Checked score
54
Fair
Financially stronger than 33% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.8%▲ +0.1 percentage points vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.9%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 1.0%▼ -0.9 percentage points vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 0.9%▼ -0.1 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026lowest value
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 1.0%▲ +0.1 percentage points vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.0%● unchanged vs 07-2026
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.13, cash €10,141, halved
Negative equity -€53,746
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Founded in 2021
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 70, micro). It does better than 9% of them on solvency, 17% on liquidity, 27% on profitability and 77% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.13 (0.08 in 2024), below 1. Short-term debt is 30.7% and cash 0.1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 3873 sector peers (2025).
NBB · sector comparisonPosition among 3873 sector peers
Solvency
better than 9%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
8 days early
2024
38 days early
2023
65 days late
2022
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 12 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 August (3 of the last 4 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779443597
Incorporation
Appointments: COMPAGNIE FONCIÈRE eT INDUSTRIELLE dE lA CAMBRE (director) and ENGELS B&E (director) · Permanent representatives: ENGELS Christophe and ENGELS Didier · Founder: COCOCINEL · published on 30-12-2021 · Gazette deed
First establishment
Gentse Steenweg 136, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EWG Lokeren | €0.8m | 5.9% | -0.6% | 2.3 |
| NIKARIA Beringen | €0.9m | 13.1% | 73.5% | 0.3 |
| GROUPE WAUTERS Charleroi | €0.3m | 5.7% | 99.3% | 3 |
| BELGIAN DISTRIBUTION GROUP Bornem | €2.1m | 11.6% | 8.3% | 1 |
| Move Mobility Bree | €1.3m | 41.4% | 31.6% | 1.7 |
| Hilton Foods Belgium Merelbeke-Melle | €0.2m | -57.2% | -32.7% | 1.8 |
| Shipit Group Antwerp | €1.2m | 16.4% | 43.5% | 3.6 |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as EWG: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €6.2m and €26m, founded between 2019 and 2024.
Official details
Source: KBO- Status
- Active since 28-12-2021Normal situation
- Registered office
- 14 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Activities of head officesNACE 70100and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.326.018.7259160 Lokeren, since 28-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- €9.4m▲ 1.8%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Companies linked to EWG
Subsidiaries and holdings
- EOS100%
Insights on EWG
EWG has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€53,746) and a net result of €37,236.
Equity has been growing by about 9.6% per year since 2022. Its solvency ranks better than 9% of 3,873 sector peers (NACE 70, financial year 2025).
The computed 12-month bankruptcy probability is 1.0% (low).
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 EWG
- What is the company number of EWG?
- The company number of EWG is 0779.443.597. The VAT number is the same number with BE in front: BE 0779.443.597.
- Where is EWG based?
- The registered office is at Gentse Steenweg 136, 9160 Lokeren.Company details
- What does EWG do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of EWG?
- EWG is a private limited company (BV).
- When was EWG founded?
- EWG was founded on 28-12-2021.
- Is EWG still active?
- Yes, EWG is an active enterprise in the KBO register.
- How many employees does EWG have?
- EWG had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does EWG fall under?
- In its 2025 annual accounts, EWG states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of EWG?
- The turnover of EWG was €781,747 in financial year 2025, according to the filed annual accounts.
- Is EWG profitable?
- In financial year 2025, EWG made a profit of €37,236.
- Where can I find the annual accounts of EWG?
- EWG filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EWG due?
- EWG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies See the other companies in the same group.COCOCINEL · 14 companies
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