GWP Projects
ActiveGWP Projects has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220k and a net result of €26k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 13898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+59
Solvency44▼-8
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.41 in 2024), and 75.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
24.7%
Return on assets
2.9%
Age of the figures
8 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
14 d early
2023
5 d late
2022
28 d early
2021
11 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€220k▲ 13.4%
2024 · €194k
2021: €39k
2022: €140k
2023: €231k
2024: €194k
2021 → 2025
Total assets
€891k▲ 27.0%
2024 · €701k
2021: €1.12M
2022: €568k
2023: €750k
2024: €701k
2021 → 2025
Net result
€26k
2024 · €-37k
2021: €-21k
2022: €100k
2023: €91k
2024: €-37k
2021 → 2025
Working capital
€229k▲ 12.6%
2024 · €203k
2021: €637k
2022: €149k
2023: €238k
2024: €203k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€140k▲ 255%€231k▲ 65.3%€194k▼ 16.0%€220k▲ 13.4%
Operating result€-7k-€161k€149k▼ 7.4%€-11k€54k
Net result€-21k-€100k€91k▼ 9.1%€-37k€26k
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 2025: €54k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €891k
Equity
€220k▲ 13.4%
Debt
€671k▲ 32.2%
The debt ratio rises from 72.3% to 75.3%: debt grows faster than equity.
Key figures and ratios
Solvency
24.7%▼
2024 · 27.7%
Current ratio
1.35▼
2024 · 1.41
Quick ratio
1.35▲
2024 · 0.14
Debt / equity
3.05▲
2024 · 2.61
ROE
11.8%▲
2024 · -19.1%
ROA
2.9%▲
2024 · -5.3%
Debt
€671k▲
2024 · €507k
Debt ≤ 1 year
€662k▲
2024 · €498k
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€701k€891k▲
Current assets29/58€701k€891k▲
Stocks and contracts in progress3€630k-
Stocks30/36€630k-
Amounts receivable within one year40/41€10k€889k▲
Trade receivables40€10k€885k▲
Other amounts receivable41-€4k
Cash at bank and in hand54/58€61k€2k▼
Equity and liabilities
Total equity and liabilities10/49€701k€891k▲
Equity10/15€194k€220k▲
Contributions10/11€60k€60k=
Reserves13€171k€171k=
Distributable reserves133€171k€171k=
Profit (loss) carried forward14€-37k€-11k▲
Amounts payable17/49€507k€671k▲
Amounts payable within one year42/48€498k€662k▲
Financial debts43€290k€449k▲
Credit institutions430/8€290k€449k▲
Trade debts44€32k€31k▼
Suppliers440/4€32k€31k▼
Taxes, remuneration and social security45€712-
Taxes450/3€712-
Other amounts payable47/48€176k€182k▲
Accrued charges and deferred income492/3€9k€9k▼
Income statement
Code20242025
Other operating charges640/8€212€218▲
Gross operating margin9900€-11k€54k▲
Operating profit (loss)9901€-11k€54k▲
Financial income75/76B€612-
Recurring financial income75€612-
Financial charges65/66B€26k€28k▲
Recurring financial charges65€26k€28k▲
Profit (loss) for the period before taxes9903€-37k€26k▲
Profit (loss) for the period9904€-37k€26k▲
Profit (loss) for the period to be appropriated9905€-37k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-11k▲
Profit (loss) brought forward from the previous period14P-€-37k
The notes to these accounts (1 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Equity above €200kEq €220k ▲13.4%
Equity rises from €194k to €220k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-37k ▼141%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Equity above €200kEq €231k ▲65.3%
2 profitable years in a row build equity to €231k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
31-12
Financial
Equity above €100kEq €140k ▲255%
Equity rises from €39k to €140k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ninove · 1 establishment unit since 2020
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.
Cyriel Prieëlsstraat 1169404 NinoveGround area
639 m²
Building footprint
125 m²
Volume, LiDAR
974 m³
Parcel 41004A0301/00H000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Cyriel Prieëlsstraat 116, 9404 Ninove
since 20202.306.737.697
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41004A0301/00H000 | Flanders | 639 m² | 1 · 125 m² | 11.4 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.
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KUPA INVEST
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B&R Development
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Of 9,635 companies in sector 68121 we hold annual accounts for 7,328. 5,270 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-08-2020
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.