G-WEL
ActiveG-WEL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 7027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency84▲+12
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.81 against 1.75 in 2024; short-term debt: 24% and cash: 1% of total assets), and 40.9% 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
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
59.1%
Return on assets
32.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €39k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
26 d late
2023
13 d late
2022
29 d late
2021
11 d late
2020
24 d late
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 109%
2024 · €18k
2018: €30k
2019: €16k
2020: €9k
2021: €6k
2022: €5k
2023: €6k
2024: €18k
2018 → 2025
Total assets
€65k▲ 65.8%
2024 · €39k
2018: €36k
2019: €33k
2020: €29k
2021: €23k
2022: €20k
2023: €45k
2024: €39k
2018 → 2025
Net result
€21k▲ 62.4%
2024 · €13k
2018: €16k
2019: €-14k
2020: €-8k
2021: €-3k
2022: €-762
2023: €1k
2024: €13k
2018 → 2025
Working capital
€28k▲ 80.7%
2024 · €16k
2018: €27k
2019: €12k
2020: €5k
2021: €3k
2022: €2k
2023: €4k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€5k▼ 12.8%€6k▲ 22.4%€18k▲ 190%€39k▲ 109%
Operating result€-2k-€3k€5k▲ 114%€17k▲ 215%€24k▲ 41.3%
Net result€-3k-€-762▲ 71.8%€1k€13k▲ 1,011%€21k▲ 62.4%
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 four years in a row; 2025 is 41% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€21k▲ 677%
Current assets
€44k▲ 20.1%
Equity and liabilities €65k
Equity
€39k▲ 109%
Debt
€27k▲ 27.5%
The debt ratio falls from 53.2% to 40.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k
Cash flow
€24k
Solvency
59.1%▲
2024 · 46.8%
Current ratio
2.81▲
2024 · 1.75
Quick ratio
2.81▲
2024 · 1.75
Debt / equity
0.69▼
2024 · 1.14
ROE
54.4%▼
2024 · 70.1%
ROA
32.1%▼
2024 · 32.8%
Interest coverage
39.93
Debt
€27k▲
2024 · €21k
Debt ≤ 1 year
€16k▼
2024 · €21k
Debt > 1 year
€11k
Income taxes
€3k▼
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€39k€65k▲
Fixed assets21/28€3k€21k▲
Tangible fixed assets22/27-€21k
Furniture and vehicles24-€21k
Financial fixed assets28€3k-
Current assets29/58€37k€44k▲
Amounts receivable within one year40/41€36k€41k▲
Trade receivables40€29k€22k▼
Other amounts receivable41€7k€19k▲
Current investments50/53€500€500=
Cash at bank and in hand54/58-€635
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€39k€65k▲
Equity10/15€18k€39k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€10k€31k▲
Amounts payable17/49€21k€27k▲
Amounts payable after more than one year17-€11k
Financial debts170/4-€11k
Amounts payable within one year42/48€21k€16k▼
Current portion of amounts payable after more than one year42-€3k
Financial debts43€654€265▼
Credit institutions430/8€654€265▼
Trade debts44€10k€20▼
Suppliers440/4€10k€20▼
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9€500€2k▲
Other amounts payable47/48€601€583▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Other operating charges640/8€911€777▼
Gross operating margin9900€18k€28k▲
Operating profit (loss)9901€17k€24k▲
Financial income75/76B-€731
Recurring financial income75-€731
Financial charges65/66B€779€676▼
Recurring financial charges65€779€676▼
Profit (loss) for the period before taxes9903€16k€24k▲
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€13k€21k▲
Profit (loss) for the period to be appropriated9905€13k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€31k▲
Profit (loss) brought forward from the previous period14P€-2k€10k▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (11 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
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €21k ▲62.4%
Operating result €24k, net result €21k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 4 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-14k ▼188%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Chaumont-Gistoux · 1 establishment unit since 2011
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 du Culot, Corroy 131325 Chaumont-GistouxGround area
1,921 m²
Building footprint
213 m²
Volume, LiDAR
1,462 m³
2 parcels, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
G-WEL
since 20112.199.186.176
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25021D0143/00X000 | Wallonia | 1,482 m² | 1 · 129 m² | 9.3 m · 3 fl. |
| 25021D0145/00K000 | Wallonia | 439 m² | 1 · 83 m² | 7.2 m · 2 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
254900KGOID9NWNX8A07
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,927 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-04-2011
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.