GEWI
ActiveGEWI has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2k and a net result of €-8k. Equity is shrinking by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 11% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
15
/ 100
Critical▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency10▼-12
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 1.05 in 2023), and 96.3% 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 →
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
3.7%
Return on assets
-20.3%
Age of the figures
20 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€8k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 36377 sector peers (2024).
NBB · sector comparisonPosition among 36377 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
41 d early
2022
33 d early
2021
27 d early
2020
26 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2k▼ 84.7%
2023 · €10k
2018: €12k
2019: €17k
2020: €17k
2021: €14k
2022: €18k
2023: €10k
2018 → 2024
Total assets
€41k▼ 38.3%
2023 · €67k
2018: €64k
2019: €88k
2020: €72k
2021: €75k
2022: €50k
2023: €67k
2018 → 2024
Net result
€-8k▲ 1.1%
2023 · €-8k
2018: €3k
2019: €5k
2020: €130
2021: €-4k
2022: €5k
2023: €-8k
2018 → 2024
Working capital
€-5k
2023 · €2k
2018: €5k
2019: €7k
2020: €13k
2021: €14k
2022: €13k
2023: €2k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€14k▼ 21.6%€18k▲ 35.8%€10k▼ 46.1%€2k▼ 84.7%
Operating result€1k-€-3k€6k€-8k€-8k▲ 1.4%
Net result€130-€-4k€5k€-8k€-8k▲ 1.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2024 against €8k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41k
Fixed assets
€19k▼ 21.1%
Current assets
€23k▼ 47.7%
Equity and liabilities €41k
Equity
€2k▼ 84.7%
Debt
€40k▼ 30.3%
The debt ratio rises from 85.2% to 96.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-3k▲
2023 · €-3k
Cash flow
€-3k▲
2023 · €-4k
Solvency
3.7%▼
2023 · 14.8%
Current ratio
0.83▼
2023 · 1.05
Quick ratio
0.79▼
2023 · 0.85
Debt / equity
26.39▲
2023 · 5.78
ROE
-555.2%▼
2023 · -85.7%
ROA
-20.3%▼
2023 · -12.6%
Interest coverage
-3.12▲
2023 · -3.53
Debt
€40k▼
2023 · €57k
Debt ≤ 1 year
€27k▼
2023 · €41k
Debt > 1 year
€12k▼
2023 · €16k
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€67k€41k▼
Fixed assets21/28€24k€19k▼
Tangible fixed assets22/27€24k€19k▼
Land and buildings22€20k€16k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€4k€3k▼
Current assets29/58€43k€23k▼
Stocks and contracts in progress3€8k€1k▼
Stocks30/36€1k€1k=
Contracts in progress37€7k€0▼
Amounts receivable within one year40/41€18k€13k▼
Trade receivables40€15k€12k▼
Other amounts receivable41€3k€506▼
Cash at bank and in hand54/58€17k€9k▼
Equity and liabilities
Total equity and liabilities10/49€67k€41k▼
Equity10/15€10k€2k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-11k€-19k▼
Amounts payable17/49€57k€40k▼
Amounts payable after more than one year17€16k€12k▼
Financial debts170/4€16k€12k▼
Amounts payable within one year42/48€41k€27k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€14k€3k▼
Suppliers440/4€14k€3k▼
Taxes, remuneration and social security45€25k€4k▼
Taxes450/3€0-
Remuneration and social security454/9€25k€4k▼
Other amounts payable47/48€0€18k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€313€1k▲
Gross operating margin9900€-3k€-2k▲
Operating profit (loss)9901€-8k€-8k▲
Financial income75/76B€127€138▲
Recurring financial income75€127€138▲
Financial charges65/66B€828€857▲
Recurring financial charges65€828€857▲
Profit (loss) for the period before taxes9903€-8k€-8k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-8k€-8k▲
Profit (loss) for the period to be appropriated9905€-8k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-19k▼
Profit (loss) brought forward from the previous period14P€-2k€-11k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-8k ▼275%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €5k ▲73.8%
Net result €5k, the highest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
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, Olen · 1 establishment unit 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.
Oevelseweg 312250 OlenGround area
1,398 m²
Building footprint
397 m²
Volume, LiDAR
2,780 m³
Parcel 13029D0327/00B003, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GEWI
since 20072.160.902.454
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029D0327/00B003 | Flanders | 1,398 m² | 1 · 397 m² | 12.7 m · 3 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.
Similar companies · same sector, comparable size
GERODA
BE 0891.360.714
Hechtel-Eksel · Eq €2k
MVS Construction
BE 0549.796.592
Soumagne · Eq €1k
GHT RENOV
BE 0877.583.942
Braine-l'Alleud · Eq €1k
PUBRO Stellingbouw
BE 0444.650.077
Lille · Eq €2k
K&CO
BE 0751.894.906
Sint-Pieters-Leeuw · Eq €2k
Of 15,437 companies in sector 43990 we hold annual accounts for 7,356. 995 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-01-2007
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.