Growthways
ActiveSummary
Growthways has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €1k. Its solvency ranks better than 25% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+4
Solvency47▲+6
Growth52
Track record82
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 25%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 d early
2024
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▲ 27.5%
2024 · €4k
2024: €4k
2025: €5k▲ +27.5% vs 2024
2024 → 2025
Total assets
€25k▼ 5.6%
2024 · €26k
2024: €26k
2025: €25k▼ -5.6% vs 2024
2024 → 2025
Net result
€1k▼ 5.1%
2024 · €1k
2024: €1k
2025: €1k▼ -5.1% vs 2024
2024 → 2025
Working capital
€3k▲ 101%
2024 · €1k
2024: €1k
2025: €3k▲ +101% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€4k-€5k▲ 27.5%
2024: €4k
2025: €5k▲ +27.5% vs 2024
Operating result€5k-€5k▼ 8.8%
2024: €5k
2025: €5k▼ -8.8% vs 2024
Net result€1k-€1k▼ 5.1%
2024: €1k
2025: €1k▼ -5.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25k
Fixed assets
€3k ▼ 49.7%
Current assets
€22k ▲ 5.1%
Equity and liabilities €25k
Equity
€5k ▲ 27.5%
Debt
€19k ▼ 12.1%
Debt's share of the balance-sheet total falls from 83.8% to 78.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €8k
Cash flow
€4k▼
2024 · €4k
Current ratio
1.15▲
2024 · 1.07
Debt to equity
3.56▼
2024 · 5.17
ROE
21.6%▼
2024 · 29.0%
ROA
4.7%▲
2024 · 4.7%
Interest coverage
6.58▲
2024 · 5.51
Debt ≤ 1 year
€19k▼
2024 · €20k
Income taxes
€3k▼
2024 · €3k
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26k€25k▼
Fixed assets21/28€5k€3k▼
Intangible fixed assets21€5k€2k▼
Tangible fixed assets22/27€582€293▼
Furniture and vehicles24€582€293▼
Current assets29/58€21k€22k▲
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40€4k€6k▲
Cash at bank and in hand54/58€16k€13k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€26k€25k▼
Equity10/15€4k€5k▲
Contributions10/11€3k€3k=
Reserves13€1k€2k▲
Distributable reserves133€1k€2k▲
Amounts payable17/49€22k€19k▼
Amounts payable within one year42/48€20k€19k▼
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€9k€14k▲
Taxes450/3€9k€14k▲
Other amounts payable47/48€8k€0▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€9k€9k▼
Operating profit (loss)9901€5k€5k▼
Financial income75/76B€2€2▲
Recurring financial income75€2€2▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€4k€4k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€1k€1k▼
Profit (loss) for the period to be appropriated9905€1k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€1k▼
Transfer to equity691/2€1k€1k▼
To other reserves6921€1k€1k▼
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 | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | ▲ 1.1% |
| Other operating charges640/8 | €2k | €2k | ▲ 25.1% |
| Gross operating margin9900 | €9k | €9k | ▼ 0.5% |
| Operating profit (loss)9901 | €5k | €5k | ▼ 8.8% |
| Financial income75/76B | €2 | €2 | ▲ 15.0% |
| Recurring financial income75 | €2 | €2 | ▲ 15.0% |
| Financial charges65/66B | €1k | €1k | ▼ 20.9% |
| Recurring financial charges65 | €1k | €1k | ▼ 20.9% |
| Profit (loss) for the period before taxes9903 | €4k | €4k | ▼ 4.4% |
| Income taxes67/77 | €3k | €3k | ▼ 4.1% |
| Profit (loss) for the period9904 | €1k | €1k | ▼ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €1k | €1k | ▼ 5.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €26k | €25k | ▼ 5.6% |
| Fixed assets21/28 | €5k | €3k | ▼ 49.7% |
| Intangible fixed assets21 | €5k | €2k | ▼ 49.7% |
| Tangible fixed assets22/27 | €582 | €293 | ▼ 49.7% |
| Furniture and vehicles24 | €582 | €293 | ▼ 49.7% |
| Current assets29/58 | €21k | €22k | ▲ 5.1% |
| Amounts receivable within one year40/41 | €4k | €6k | ▲ 52.8% |
| Trade receivables40 | €4k | €6k | ▲ 52.8% |
| Cash at bank and in hand54/58 | €16k | €13k | ▼ 14.4% |
| Deferred charges and accrued income490/1 | €1k | €3k | ▲ 84.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €26k | €25k | ▼ 5.6% |
| Equity10/15 | €4k | €5k | ▲ 27.5% |
| Contributions10/11 | €3k | €3k | = |
| Reserves13 | €1k | €2k | ▲ 94.9% |
| Distributable reserves133 | €1k | €2k | ▲ 94.9% |
| Amounts payable17/49 | €22k | €19k | ▼ 12.1% |
| Amounts payable within one year42/48 | €20k | €19k | ▼ 1.8% |
| Trade debts44 | €3k | €6k | ▲ 109% |
| Suppliers440/4 | €3k | €6k | ▲ 109% |
| Taxes, remuneration and social security45 | €9k | €14k | ▲ 46.0% |
| Taxes450/3 | €9k | €14k | ▲ 46.0% |
| Other amounts payable47/48 | €8k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €2k | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €1k | ▼ 5.1% |
| + Depreciation and write-downs630 | €3k | €3k | ▲ 1.1% |
| Operating cash flow (approximation) | €4k | €4k | ▼ 0.9% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-2k | - |
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
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Gent · 1 establishment unit since 2024
Ground area
3,341 m²
Building footprint
2,024 m²
Volume, LiDAR
1,881 m³
2 parcels, Flanders · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Growthways
since 20242.354.246.517
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3417/00S002 | Flanders | 3,244 m² | 1 · 1,928 m² | 4.3 m |
| 44804D0470/93B000 | Flanders | 96 m² | 1 · 96 m² | 17.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
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LUTIN VERT
BE 0669.568.531
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BELSTEIN
BE 0798.440.652
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Het Financieel Huis
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Beringen · Eq €5,394
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 16,277 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
Founded15-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
85592Vocational training
Contact
E-mail
hello@growthways.be
Scores and ratios are computed by Checked and are not a credit decision.