GWM Construction
ActiveThe computed 12-month bankruptcy probability of GWM Construction is 2.0% (moderate). The 2025 annual accounts show equity of €81k and a net result of €25k. Its solvency ranks better than 52% of 1305 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-13
Solvency73▲+9
Growth52
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 2.19 in 2024; short-term debt: 37.9% and cash: 17% of total assets), but 52% 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 33
Relative position
BE, all sectors
reference
Sector 33
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
48%
Return on assets
14.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▲ 44.2%
2024 · €56k
2024: €56k
2024 → 2025
Total assets
€169k▲ 18.7%
2024 · €143k
2024: €143k
2024 → 2025
Net result
€25k▼ 55.2%
2024 · €56k
2024: €56k
2024 → 2025
Working capital
€63k▲ 20.2%
2024 · €52k
2024: €52k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€56k-€81k▲ 44.2%
Operating result€72k-€34k▼ 53.3%
Net result€56k-€25k▼ 55.2%
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 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€43k▼ 9.4%
Current assets
€127k▲ 32.5%
Equity and liabilities €169k
Equity
€81k▲ 44.2%
Debt
€88k▲ 2.0%
The debt ratio falls from 60.5% to 52.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45k▼
2024 · €82k
Cash flow
€37k▼
2024 · €65k
Solvency
48.0%▲
2024 · 39.5%
Current ratio
1.97▼
2024 · 2.19
Quick ratio
1.97▼
2024 · 2.19
Debt / equity
1.08▼
2024 · 1.53
ROE
30.6%▼
2024 · 98.6%
ROA
14.7%▼
2024 · 38.9%
Interest coverage
20.79▼
2024 · 60.98
Debt
€88k▲
2024 · €86k
Debt ≤ 1 year
€64k▲
2024 · €44k
Debt > 1 year
€24k▼
2024 · €43k
Income taxes
€8k▼
2024 · €15k
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€143k€169k▲
Fixed assets21/28€47k€43k▼
Tangible fixed assets22/27€47k€43k▼
Plant, machinery and equipment23€1k€8k▲
Furniture and vehicles24€46k€35k▼
Current assets29/58€96k€127k▲
Amounts receivable within one year40/41€67k€95k▲
Trade receivables40€51k€76k▲
Other amounts receivable41€16k€19k▲
Cash at bank and in hand54/58€27k€29k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€143k€169k▲
Equity10/15€56k€81k▲
Contributions10/11€3k€3k=
Reserves13€54k€79k▲
Distributable reserves133€54k€79k▲
Amounts payable17/49€86k€88k▲
Amounts payable after more than one year17€43k€24k▼
Financial debts170/4€43k€24k▼
Amounts payable within one year42/48€44k€64k▲
Current portion of amounts payable after more than one year42-€10k
Trade debts44€27k€41k▲
Suppliers440/4€27k€41k▲
Taxes, remuneration and social security45€15k€12k▼
Taxes450/3€15k€12k▼
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€83k€46k▼
Operating profit (loss)9901€72k€34k▼
Financial income75/76B€429€1k▲
Recurring financial income75€429€1k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€71k€33k▼
Income taxes67/77€15k€8k▼
Profit (loss) for the period9904€56k€25k▼
Profit (loss) for the period to be appropriated9905€56k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€25k▼
Transfer to equity691/2€54k€25k▼
To other reserves6921€54k€25k▼
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (6 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Diksmuide · 1 establishment unit since 2022
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.
Klaverstraat(D) 128600 DiksmuideGround area
636 m²
Building footprint
161 m²
Volume, LiDAR
621 m³
Parcel 32003D0129/00R000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GWM Construction
since 20222.338.711.966
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32003D0129/00R000 | Flanders | 636 m² | 1 · 161 m² | 8.4 m · 1 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.
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Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 1,108 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2022
Fiscal year end30-06
Activities, NACEBEL
33120Repair and maintenance of machinery
25510Coating of metals
25530Machining of metals
25610Manufacture of fabricated metal products, except machinery and equipment
33110Repair and maintenance of fabricated metal products
33190Repair, maintenance and installation of machinery and equipment
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.