FWK
ActiveSummary
The computed 12-month bankruptcy probability of FWK is 2.0% (moderate). The 2024 annual accounts show equity of €895 and a net result of €305. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 55% of 9517 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability85▼-1
Solvency81▼-18
Growth58=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Age of the figures
Age of the figures
21 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 28-08-2025, 28 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
8 d early
2022
31 d late
2021
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€726
EBIT margin
-98.5%
Net result
€305▲ 96.8%
2023 · €155
2021: €-2klowest in 4 years
2022: €-784▲ +56.0% vs 2021
2023: €155▲ +120% vs 2022
2024: €305▲ +96.8% vs 2023highest in 4 years
2021 → 2024
Working capital
€895▲ 51.6%
2023 · €591
2023: €591
2024: €895▲ +51.6% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€726
Equity€1k-€436▼ 64.3%€591▲ 35.5%€895▲ 51.6%
2021: €1khighest in 4 years
2022: €436▼ -64.3% vs 2021lowest in 4 years
2023: €591▲ +35.5% vs 2022
2024: €895▲ +51.6% vs 2023
Operating result€-2k-€-715▲ 59.4%€155€371▲ 139%
2021: €-2klowest in 4 years
2022: €-715▲ +59.4% vs 2021
2023: €155▲ +122% vs 2022
2024: €371▲ +139% vs 2023highest in 4 years
Net result€-2k-€-784▲ 56.0%€155€305▲ 96.8%
2021: €-2klowest in 4 years
2022: €-784▲ +56.0% vs 2021
2023: €155▲ +120% vs 2022
2024: €305▲ +96.8% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 139% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €2k
Equity
€895 ▲ 51.6%
Debt
€707 ▲ 240%
Debt's share of the balance-sheet total rises from 26.1% to 44.1%. Equity and debt are higher.
Key figures and ratios
Debt ≤ 1 year
€707▲
2023 · €208
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet
Code20232024
Assets
Total assets20/58€799€2k▲
Current assets29/58€799€2k▲
Amounts receivable within one year40/41€194€367▲
Other amounts receivable41€194€367▲
Cash at bank and in hand54/58€605€1k▲
Equity and liabilities
Total equity and liabilities10/49€799€2k▲
Equity10/15€591€895▲
Contributions10/11€3k€3k=
Outside capital11€3k-
Share premium1100/10€3k-
Profit (loss) carried forward14€-2k€-2k▲
Amounts payable17/49€208€707▲
Amounts payable within one year42/48€208€707▲
Trade debts44€208€688▲
Suppliers440/4€208€688▲
Taxes, remuneration and social security45-€19
Taxes450/3-€19
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€208-
Other operating charges640/8-€387
Gross operating margin9900€155€758▲
Operating profit (loss)9901€155€371▲
Financial charges65/66B-€66
Recurring financial charges65-€66
Profit (loss) for the period before taxes9903€155€305▲
Profit (loss) for the period9904€155€305▲
Profit (loss) for the period to be appropriated9905€155€305▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-2k▲
Profit (loss) brought forward from the previous period14P€-3k€-2k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €726 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €2k | €1k | €208 | - | - |
| Other operating charges640/8 | - | - | - | €387 | - |
| Gross operating margin9900 | €-2k | €-715 | €155 | €758 | ▲ 389% |
| Operating profit (loss)9901 | €-2k | €-715 | €155 | €371 | ▲ 139% |
| Financial charges65/66B | €17 | €69 | - | €66 | - |
| Recurring financial charges65 | €17 | €69 | - | €66 | - |
| Profit (loss) for the period before taxes9903 | €-2k | €-784 | €155 | €305 | ▲ 96.8% |
| Profit (loss) for the period9904 | €-2k | €-784 | €155 | €305 | ▲ 96.8% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-784 | €155 | €305 | ▲ 96.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1k | €436 | €799 | €2k | ▲ 101% |
| Current assets29/58 | €1k | €436 | €799 | €2k | ▲ 101% |
| Amounts receivable within one year40/41 | - | - | €194 | €367 | ▲ 89.4% |
| Other amounts receivable41 | - | - | €194 | €367 | ▲ 89.4% |
| Cash at bank and in hand54/58 | €1k | €436 | €605 | €1k | ▲ 104% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1k | €436 | €799 | €2k | ▲ 101% |
| Equity10/15 | €1k | €436 | €591 | €895 | ▲ 51.6% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Outside capital11 | €3k | €3k | €3k | - | - |
| Share premium1100/10 | €3k | €3k | €3k | - | - |
| Profit (loss) carried forward14 | €-2k | €-3k | €-2k | €-2k | ▲ 12.6% |
| Amounts payable17/49 | - | - | €208 | €707 | ▲ 240% |
| Amounts payable within one year42/48 | - | - | €208 | €707 | ▲ 240% |
| Trade debts44 | - | - | €208 | €688 | ▲ 231% |
| Suppliers440/4 | - | - | €208 | €688 | ▲ 231% |
| Taxes, remuneration and social security45 | - | - | - | €19 | - |
| Taxes450/3 | - | - | - | €19 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-784 | €155 | €305 | ▲ 96.8% |
| Operating cash flow (approximation) | €-2k | €-784 | €155 | €305 | ▲ 96.8% |
| Change in cash | - | €-784 | €169 | €630 | ▲ 272% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2021net €305 ▲96.8%
Operating result €371, net result €305, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €155
Net result €155 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Brussel · 1 establishment unit since 2022
Ground area
253 m²
Building footprint
81 m²
Volume, LiDAR
569 m³
Parcel 21821B0031/00E000, Brussels · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FWK
since 20222.325.557.578
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0031/00E000 | Brussels | 253 m² | 1 · 81 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 11,220 companies in sector 82100 we hold annual accounts for 3,511. 417 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
43990Other specialised construction activities
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
Scores and ratios are computed by Checked and are not a credit decision.