GW-SERVICE
ActiveThe computed 12-month bankruptcy probability of GW-SERVICE is 2.2% (moderate). The 2025 annual accounts show equity of €62k and a net result of €4k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 54% of 2176 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-14
Solvency67▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.1 in 2024; short-term debt: 29.9% and cash: 4.2% of total assets), and 58.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
41.9%
Return on assets
2.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
25 d late
2024
12 d late
2023
5 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€62k▲ 7.5%
2024 · €58k
2023: €37k
2024: €58k
2023 → 2025
Total assets
€148k▼ 1.7%
2024 · €151k
2023: €73k
2024: €151k
2023 → 2025
Net result
€4k▼ 79.5%
2024 · €21k
2023: €24k
2024: €21k
2023 → 2025
Working capital
€13k▲ 246%
2024 · €4k
2023: €-3k
2024: €4k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€37k-€58k▲ 57.5%€62k▲ 7.5%
Operating result€30k-€26k▼ 13.7%€8k▼ 69.3%
Net result€24k-€21k▼ 12.7%€4k▼ 79.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€91k▼ 17.8%
Current assets
€57k▲ 43.4%
Equity and liabilities €148k
Equity
€62k▲ 7.5%
Debt
€86k▼ 7.4%
The debt ratio falls from 61.7% to 58.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▼
2024 · €44k
Cash flow
€35k▼
2024 · €39k
Solvency
41.9%▲
2024 · 38.3%
Current ratio
1.29▲
2024 · 1.10
Quick ratio
0.29▼
2024 · 0.87
Debt / equity
1.39▼
2024 · 1.61
ROE
7.0%▼
2024 · 36.5%
ROA
2.9%▼
2024 · 14.0%
Interest coverage
13.76▼
2024 · 36.28
Debt
€86k▼
2024 · €93k
Debt ≤ 1 year
€44k▲
2024 · €36k
Debt > 1 year
€42k▼
2024 · €57k
Income taxes
€818▼
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€151k€148k▼
Fixed assets21/28€111k€91k▼
Tangible fixed assets22/27€111k€91k▼
Plant, machinery and equipment23€20k€24k▲
Furniture and vehicles24€20k€11k▼
Leasing and similar rights25€72k€56k▼
Current assets29/58€40k€57k▲
Stocks and contracts in progress3€8k€44k▲
Stocks30/36€8k€976▼
Contracts in progress37-€43k
Amounts receivable within one year40/41€11k€4k▼
Trade receivables40€11k€4k▼
Other amounts receivable41€3€3=
Cash at bank and in hand54/58€17k€6k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€151k€148k▼
Equity10/15€58k€62k▲
Contributions10/11€13k€13k=
Reserves13€24k€45k▲
Distributable reserves133€24k€45k▲
Profit (loss) carried forward14€21k€4k▼
Amounts payable17/49€93k€86k▼
Amounts payable after more than one year17€57k€42k▼
Financial debts170/4€57k€42k▼
Amounts payable within one year42/48€36k€44k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€4k€738▼
Suppliers440/4€4k€738▼
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€10k€21k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€30k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€45k€39k▼
Operating profit (loss)9901€26k€8k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€25k€5k▼
Income taxes67/77€3k€818▼
Profit (loss) for the period9904€21k€4k▼
Profit (loss) for the period to be appropriated9905€21k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€25k▼
Profit (loss) brought forward from the previous period14P€24k€21k▼
Transfer to equity691/2€24k€21k▼
To other reserves6921€24k€21k▼
The notes to these accounts (7 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet €4k ▼79.5%
Net result drops to €4k, the lowest in the series.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Grobbendonk · 1 establishment unit since 2023
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.
Floris Primsstraat 12280 GrobbendonkGround area
1,088 m²
Building footprint
931 m²
Volume, LiDAR
4,892 m³
Parcel 13010B0148/00X004, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Floris Primsstraat 1, 2280 Grobbendonk
since 20232.341.552.086
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010B0148/00X004 | Flanders | 1,088 m² | 1 · 931 m² | 9.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,014 EUR awarded · 1,014 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 162 EUR | 162 EUR |
| 2024 | 1 | 324 EUR | 324 EUR |
| 2023 | 1 | 528 EUR | 528 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 723 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2023
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
43211General electrical installation work
62020IT consultancy
62200Computer consultancy and computer facilities management
81300Landscape service activities
86909Human health activities
86995Nutrition and dietetics services
88109Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.