G.W.K.
ActiveG.W.K. has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €527k and a net result of €51k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 94% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 7.54 against 6.66 in 2024; short-term debt: 8.5% and cash: 14.7% of total assets), and 8.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.5%
Return on assets
8.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
1 d early
2023
1 d early
2022
10 d early
2021
3 d early
2020
4 d early
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€527k▲ 10.7%
2024 · €476k
2019: €266k
2020: €318k
2021: €391k
2022: €398k
2023: €444k
2024: €476k
2019 → 2025
Total assets
€576k▲ 9.1%
2024 · €528k
2019: €379k
2020: €445k
2021: €515k
2022: €476k
2023: €480k
2024: €528k
2019 → 2025
Net result
€51k▲ 20.2%
2024 · €42k
2019: €34k
2020: €53k
2021: €73k
2022: €7k
2023: €56k
2024: €42k
2019 → 2025
Working capital
€320k▲ 8.9%
2024 · €294k
2019: €125k
2020: €160k
2021: €230k
2022: €239k
2023: €240k
2024: €294k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€391k-€398k▲ 1.8%€444k▲ 11.6%€476k▲ 7.3%€527k▲ 10.7%
Operating result€97k-€10k▼ 90.2%€76k▲ 696%€57k▼ 25.6%€68k▲ 19.7%
Net result€73k-€7k▼ 90.5%€56k▲ 715%€42k▼ 25.0%€51k▲ 20.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €576k
Fixed assets
€208k▲ 13.5%
Current assets
€368k▲ 6.7%
Equity and liabilities €576k
Equity
€527k▲ 10.7%
Debt
€49k▼ 5.7%
The debt ratio falls from 9.8% to 8.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▲
2024 · €81k
Cash flow
€74k▲
2024 · €66k
Solvency
91.5%▲
2024 · 90.2%
Current ratio
7.54▲
2024 · 6.66
Quick ratio
7.39▲
2024 · 6.51
Debt / equity
0.09▼
2024 · 0.11
ROE
9.6%▲
2024 · 8.9%
ROA
8.8%▲
2024 · 8.0%
Interest coverage
121.12▼
2024 · 615.72
Debt
€49k▼
2024 · €52k
Debt ≤ 1 year
€49k▼
2024 · €52k
Income taxes
€19k▲
2024 · €16k
Staff costs
€33k▲
2024 · €33k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€528k€576k▲
Fixed assets21/28€183k€208k▲
Tangible fixed assets22/27€183k€207k▲
Land and buildings22€163k€155k▼
Plant, machinery and equipment23€8k€10k▲
Furniture and vehicles24€11k€43k▲
Financial fixed assets28€200€200=
Current assets29/58€345k€368k▲
Stocks and contracts in progress3€8k€7k▼
Stocks30/36€8k€7k▼
Amounts receivable within one year40/41€16k€24k▲
Trade receivables40€5k€17k▲
Other amounts receivable41€10k€6k▼
Current investments50/53€112k€248k▲
Cash at bank and in hand54/58€207k€85k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€528k€576k▲
Equity10/15€476k€527k▲
Contributions10/11€12k€12k=
Reserves13€386k€437k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€386k€437k▲
Profit (loss) carried forward14€78k€78k=
Amounts payable17/49€52k€49k▼
Amounts payable within one year42/48€52k€49k▼
Trade debts44€29k€26k▼
Suppliers440/4€29k€26k▼
Taxes, remuneration and social security45€13k€18k▲
Taxes450/3€2k€9k▲
Remuneration and social security454/9€11k€9k▼
Other amounts payable47/48€10k€5k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€33k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€116k€128k▲
Operating profit (loss)9901€57k€68k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€131€754▲
Recurring financial charges65€131€754▲
Profit (loss) for the period before taxes9903€58k€69k▲
Income taxes67/77€16k€19k▲
Profit (loss) for the period9904€42k€51k▲
Profit (loss) for the period to be appropriated9905€42k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€120k€128k▲
Profit (loss) brought forward from the previous period14P€78k€78k=
Transfer from equity791/2€10k€0▼
Transfer to equity691/2€42k€51k▲
To other reserves6921€42k€51k▲
Profit to be distributed694/7€10k€0▼
Return on contributions (dividend)694€10k€0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €500kEq €527k ▲10.7%
7 profitable years in a row build equity to €527k.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €7k ▼90.5%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity triplescurrent ratio 14.12
Current ratio from 4.85 to 14.12; short-term debt falls from €60k to €18k.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €73k ▲38%
Operating result €97k, net result €73k, both a record.
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dilsen-Stokkem · 2 establishment units since 2007
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.
Kantonsweg 1203650 Dilsen-StokkemGround area
5,538 m²
Building footprint
689 m²
2 parcels, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2 establishment units
G.W.K. BVBA
since 20072.159.475.069
GWK
since 20152.240.036.638
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72032B2316/00R000 | Flanders | 4,711 m² | 1 · 207 m² | - |
| 73043B1401/00M002 | Flanders | 827 m² | 1 · 482 m² | 0.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,567 EUR awarded · 2,567 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,066 EUR | 2,066 EUR |
| 2023 | 1 | 501 EUR | 501 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 3,940 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2007
Fiscal year end31-03
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
45215
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.