GroupW
ActiveSummary
GroupW has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €99k and a net result of €-10k. Its solvency ranks better than 22% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability25=
Solvency48▼-5
Growth58
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 3.29 in 2023; short-term debt: 40.1% and cash: 0% of total assets), but 76.8% of the assets are financed with debt.
Credit check 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 · 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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 2024Solvency, return and age of the figures
Solvency
23.2%
Return on assets
-2.3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2324
2023 to 2024 · latest year €-10k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11615 sector peers (2024).
NBB · sector comparisonPosition among 11615 sector peers
Solvency
better than 22%
← 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 30-07-2025, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€99k▼ 8.9%
2023 · €109k
2023: €109k
2024: €99k▼ -8.9% vs 2023
2023 → 2024
Total assets
€427k▲ 11.8%
2023 · €382k
2023: €382k
2024: €427k▲ +11.8% vs 2023
2023 → 2024
Net result
€-10k▲ 13.9%
2023 · €-11k
2023: €-11k
2024: €-10k▲ +13.9% vs 2023
2023 → 2024
Working capital
€234k▼ 4.4%
2023 · €245k
2023: €245k
2024: €234k▼ -4.4% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€109k-€99k▼ 8.9%
2023: €109k
2024: €99k▼ -8.9% vs 2023
Operating result€-9k-€8k
2023: €-9k
2024: €8k▲ +189% vs 2023
Net result€-11k-€-10k▲ 13.9%
2023: €-11k
2024: €-10k▲ +13.9% vs 2023
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: €8k after a loss of €9k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €427k
Fixed assets
€22k ▼ 24.9%
Current assets
€405k ▲ 15.1%
Equity and liabilities €427k
Equity
€99k ▼ 8.9%
Debt
€328k ▲ 20.1%
Debt's share of the balance-sheet total rises from 71.5% to 76.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19k▲
2023 · €3k
Cash flow
€2k▲
2023 · €449
Current ratio
2.37▼
2023 · 3.29
Quick ratio
0.25▼
2023 · 0.49
Debt to equity
3.31▲
2023 · 2.51
ROE
-9.8%▲
2023 · -10.3%
ROA
-2.3%▲
2023 · -2.9%
Interest coverage
1.10▼
2023 · 1.20
Debt ≤ 1 year
€171k▲
2023 · €107k
Debt > 1 year
€157k▼
2023 · €166k
Income taxes
€146▲
2023 · €129
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€382k€427k▲
Formation expenses20€915-
Fixed assets21/28€29k€22k▼
Tangible fixed assets22/27€28k€21k▼
Land and buildings22€8k€9k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€18k€9k▼
Financial fixed assets28€600€600=
Current assets29/58€352k€405k▲
Stocks and contracts in progress3€300k€362k▲
Stocks30/36€300k€362k▲
Amounts receivable within one year40/41€25k€43k▲
Trade receivables40€25k€43k▲
Cash at bank and in hand54/58€28k€195▼
Deferred charges and accrued income490/1-€412
Equity and liabilities
Total equity and liabilities10/49€382k€427k▲
Equity10/15€109k€99k▼
Contributions10/11€120k€120k=
Profit (loss) carried forward14€-11k€-21k▼
Amounts payable17/49€273k€328k▲
Amounts payable after more than one year17€166k€157k▼
Financial debts170/4€166k€157k▼
Amounts payable within one year42/48€107k€171k▲
Current portion of amounts payable after more than one year42€5k€11k▲
Trade debts44€524€34k▲
Suppliers440/4€524€34k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€95k€124k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€5k€21k▲
Operating profit (loss)9901€-9k€8k▲
Financial income75/76B€66€150▲
Recurring financial income75€66€150▲
Financial charges65/66B€3k€17k▲
Recurring financial charges65€3k€17k▲
Profit (loss) for the period before taxes9903€-11k€-10k▲
Income taxes67/77€129€146▲
Profit (loss) for the period9904€-11k€-10k▲
Profit (loss) for the period to be appropriated9905€-11k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-21k▼
Profit (loss) brought forward from the previous period14P-€-11k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €11k | ▼ 2.9% |
| Other operating charges640/8 | €2k | €1k | ▼ 36.5% |
| Gross operating margin9900 | €5k | €21k | ▲ 279% |
| Operating profit (loss)9901 | €-9k | €8k | ▲ 189% |
| Financial income75/76B | €66 | €150 | ▲ 127% |
| Recurring financial income75 | €66 | €150 | ▲ 127% |
| Financial charges65/66B | €3k | €17k | ▲ 574% |
| Recurring financial charges65 | €3k | €17k | ▲ 574% |
| Profit (loss) for the period before taxes9903 | €-11k | €-10k | ▲ 14.3% |
| Income taxes67/77 | €129 | €146 | ▲ 13.2% |
| Profit (loss) for the period9904 | €-11k | €-10k | ▲ 13.9% |
| Profit (loss) for the period to be appropriated9905 | €-11k | €-10k | ▲ 13.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €382k | €427k | ▲ 11.8% |
| Formation expenses20 | €915 | - | - |
| Fixed assets21/28 | €29k | €22k | ▼ 24.9% |
| Tangible fixed assets22/27 | €28k | €21k | ▼ 25.4% |
| Land and buildings22 | €8k | €9k | ▲ 6.3% |
| Plant, machinery and equipment23 | €2k | €3k | ▲ 69.6% |
| Furniture and vehicles24 | €18k | €9k | ▼ 48.9% |
| Financial fixed assets28 | €600 | €600 | = |
| Current assets29/58 | €352k | €405k | ▲ 15.1% |
| Stocks and contracts in progress3 | €300k | €362k | ▲ 20.7% |
| Stocks30/36 | €300k | €362k | ▲ 20.7% |
| Amounts receivable within one year40/41 | €25k | €43k | ▲ 73.8% |
| Trade receivables40 | €25k | €43k | ▲ 73.8% |
| Cash at bank and in hand54/58 | €28k | €195 | ▼ 99.3% |
| Deferred charges and accrued income490/1 | - | €412 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €382k | €427k | ▲ 11.8% |
| Equity10/15 | €109k | €99k | ▼ 8.9% |
| Contributions10/11 | €120k | €120k | = |
| Profit (loss) carried forward14 | €-11k | €-21k | ▼ 86.1% |
| Amounts payable17/49 | €273k | €328k | ▲ 20.1% |
| Amounts payable after more than one year17 | €166k | €157k | ▼ 5.5% |
| Financial debts170/4 | €166k | €157k | ▼ 5.5% |
| Amounts payable within one year42/48 | €107k | €171k | ▲ 59.8% |
| Current portion of amounts payable after more than one year42 | €5k | €11k | ▲ 144% |
| Trade debts44 | €524 | €34k | ▲ 6,327% |
| Suppliers440/4 | €524 | €34k | ▲ 6,327% |
| Taxes, remuneration and social security45 | €7k | €3k | ▼ 59.3% |
| Taxes450/3 | €7k | €3k | ▼ 59.3% |
| Other amounts payable47/48 | €95k | €124k | ▲ 29.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-11k | €-10k | ▲ 13.9% |
| + Depreciation and write-downs630 | €12k | €11k | ▼ 2.9% |
| Operating cash flow (approximation) | €449 | €2k | ▲ 274% |
| Investment in fixed assets (approximation) | - | €-4k | - |
| Change in cash | - | €-28k | - |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Rebecq · 1 establishment unit since 2022
Ground area
1,917 m²
Building footprint
186 m²
Volume, LiDAR
1,003 m³
Parcel 25007C0050/00F000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Bouclette
since 20222.334.906.596
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25007C0050/00F000 | Wallonia | 1,917 m² | 1 · 186 m² | 8.4 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
23 categoriesGroupW SRL44048
Food safety, FASFC
1 siteRebecq2.334.906.596
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,236 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
Founded30-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
41001General construction of residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
42990Civil engineering
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.