FW SERVICES
ActiveThe computed 12-month bankruptcy probability of FW SERVICES is 3.9% (moderate). The 2024 annual accounts show equity of €17k and a net result of €16k. Equity is growing by ~122.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 6714 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency17▲+15
Growth78▲+20
Stability94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.58 in 2023), and 83.4% 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.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
16.6%
Return on assets
15.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
26 d late
2022
103 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€147k
EBIT margin
-13.6%
Net result
€16k
2023 · €-4k
2022: €-20k
2023: €-4k
2022 → 2024
Working capital
€-19k▲ 33.1%
2023 · €-29k
2022: €-39k
2023: €-29k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€147k-
Equity€5k-€760▼ 84.4%€17k▲ 2,112%
Operating result€-20k-€-4k▲ 80.3%€16k
Net result€-20k-€-4k▲ 79.5%€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €16k after a loss of €4k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €102k
Fixed assets
€36k▲ 22.0%
Current assets
€65k▲ 65.6%
Equity and liabilities €102k
Equity
€17k▲ 2,112%
Debt
€85k▲ 24.0%
The debt ratio falls from 98.9% to 83.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€34k▲
2023 · €10k
Cash flow
€33k▲
2023 · €10k
Solvency
16.6%▲
2023 · 1.1%
Current ratio
0.77▲
2023 · 0.58
Quick ratio
0.77▲
2023 · 0.48
Debt / equity
5.04
ROE
95.5%
ROA
15.8%▲
2023 · -6.0%
Interest coverage
92.07▲
2023 · 62.83
Debt
€85k▲
2023 · €68k
Debt ≤ 1 year
€85k▲
2023 · €68k
Staff costs
€61k▲
2023 · €36k
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€69k€102k▲
Fixed assets21/28€30k€36k▲
Intangible fixed assets21€21k€14k▼
Tangible fixed assets22/27€9k€22k▲
Furniture and vehicles24€9k€22k▲
Current assets29/58€40k€65k▲
Stocks and contracts in progress3€7k-
Contracts in progress37€7k-
Amounts receivable within one year40/41€124€18k▲
Trade receivables40€124€18k▲
Cash at bank and in hand54/58€31k€44k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€69k€102k▲
Equity10/15€760€17k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-24k€-8k▲
Amounts payable17/49€68k€85k▲
Amounts payable within one year42/48€68k€85k▲
Trade debts44€19k€16k▼
Suppliers440/4€19k€16k▼
Taxes, remuneration and social security45€2k€23k▲
Taxes450/3€2k€23k▲
Other amounts payable47/48€47k€46k▼
Income statement
Code20232024
Remuneration, social security and pensions62€36k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€17k▲
Other operating charges640/8€887€772▼
Non-recurring operating charges66A€759€123▼
Gross operating margin9900€48k€96k▲
Operating profit (loss)9901€-4k€16k▲
Financial charges65/66B€165€366▲
Recurring financial charges65€165€366▲
Profit (loss) for the period before taxes9903€-4k€16k▲
Profit (loss) for the period9904€-4k€16k▲
Profit (loss) for the period to be appropriated9905€-4k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-8k▲
Profit (loss) brought forward from the previous period14P€-20k€-24k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
11-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 103 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lobbes · 1 establishment unit since 2022
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.
Rue de la Station 176540 LobbesGround area
3,506 m²
Building footprint
217 m²
Volume, LiDAR
3,239 m³
Parcel 56044B0524/00R000, Wallonia · tallest building 22.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FW SERVICES
since 20222.327.398.796
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56044B0524/00R000 | Wallonia | 3,506 m² | 1 · 217 m² | 22.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0772.882.736
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BE 0675.996.463
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REMS TRANSPORTS
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Soumagne · Eq €17k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 4,615 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2022
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:fwservices@gmail.com