EWLS

Active

Private limited companyfounded 20196 yrs activeBremstraat 6, 2520 Ranst, BelgiumKBO/BCE: BE 0735.568.321

The computed 12-month bankruptcy probability of EWLS is 2.4% (moderate). The 2024 annual accounts show equity of €18k and a net result of €3k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 36378 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability78▼-15

Solvency79▲+13

Growth78=

Track record100

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 1.56 against 1.41 in 2023; short-term debt: 46.1% and cash: 10.6% of total assets), and 46.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

53.8%

Return on assets

7.7%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

on the day

2022

1 d late

2021

39 d early

2020

39 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€18k▲ 16.7%

2023 · €16k

2020: €3k 2021: €7k 2022: €18k 2023: €16k

2020 → 2024

Total assets

€34k▼ 12.1%

2023 · €38k

2020: €39k 2021: €44k 2022: €43k 2023: €38k

2020 → 2024

Net result

€3k▼ 64.5%

2023 · €7k

2020: €-2k 2021: €4k 2022: €12k 2023: €7k

2020 → 2024

Working capital

€9k▼ 6.7%

2023 · €9k

2020: €3k 2021: €2k 2022: €9k 2023: €9k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€3k-€7k▲ 118%€18k▲ 167%€16k▼ 15.7%€18k▲ 16.7%

Operating result€-2k-€4k€15k▲ 285%€9k▼ 38.8%€3k▼ 63.9%

Net result€-2k-€4k€12k▲ 209%€7k▼ 36.7%€3k▼ 64.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 64% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €34k

28.2%

71.8%

Fixed assets €9k▲ 52.3%

Current assets €24k▼ 24.6%

Equity and liabilities €34k

53.8%

46.2%

Equity €18k▲ 16.7%

Debt €16k▼ 31.7%

The debt ratio falls from 59.5% to 46.2%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€9k▼

2023 · €15k

Cash flow

€9k▼

2023 · €13k

Solvency

53.8%▲

2023 · 40.5%

Current ratio

1.56▲

2023 · 1.41

Quick ratio

1.13▲

2023 · 1.12

Debt / equity

0.86▼

2023 · 1.47

ROE

14.3%▼

2023 · 47.0%

ROA

7.7%▼

2023 · 19.1%

Interest coverage

10.75▼

2023 · 34.17

Debt

€16k▼

2023 · €23k

Debt ≤ 1 year

€16k▼

2023 · €23k

Income taxes

€1k▼

2023 · €3k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€38k€34k▼

Fixed assets21/28€6k€9k▲

Tangible fixed assets22/27€6k€9k▲

Plant, machinery and equipment23€10€2k▲

Furniture and vehicles24€6k€7k▲

Other tangible fixed assets26€322€0▼

Current assets29/58€32k€24k▼

Stocks and contracts in progress3€7k€7k▲

Stocks30/36€7k€7k▲

Amounts receivable within one year40/41€10k€10k▲

Trade receivables40€6k€6k▼

Other amounts receivable41€3k€5k▲

Cash at bank and in hand54/58€13k€4k▼

Deferred charges and accrued income490/1€2k€4k▲

Equity and liabilities

Total equity and liabilities10/49€38k€34k▼

Equity10/15€16k€18k▲

Contributions10/11€5k€5k=

Reserves13€11k€13k▲

Distributable reserves133€11k€13k▲

Amounts payable17/49€23k€16k▼

Amounts payable within one year42/48€23k€16k▼

Current portion of amounts payable after more than one year42€2k€3k▲

Trade debts44€9k€9k▼

Suppliers440/4€9k€9k▼

Taxes, remuneration and social security45€7k€4k▼

Taxes450/3€7k€4k▼

Other amounts payable47/48€5k-

Accrued charges and deferred income492/3-€44

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲

Other operating charges640/8€1k€2k▲

Gross operating margin9900€16k€11k▼

Operating profit (loss)9901€9k€3k▼

Financial income75/76B€1k€1k▲

Recurring financial income75€1k€1k▲

Financial charges65/66B€437€878▲

Recurring financial charges65€437€878▲

Profit (loss) for the period before taxes9903€10k€4k▼

Income taxes67/77€3k€1k▼

Profit (loss) for the period9904€7k€3k▼

Profit (loss) for the period to be appropriated9905€7k€3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€7k€3k▼

Transfer from equity791/2€5k-

Transfer to equity691/2€2k€3k▲

To other reserves6921€2k€3k▲

Profit to be distributed694/7€10k-

Return on contributions (dividend)694€10k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

01-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 1 day late

2022

31-12

Financial Highest result since 2020net €12k ▲209%

Operating result €15k, net result €12k, both a record.

22-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €4k

Net result €4k after one loss-making year.

22-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Ranst · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Bremstraat 62520 Ranst

Ground area

594 m²

Building footprint

121 m²

Volume, LiDAR

626 m³