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HW BELGIUM

Active
Private limited companyfounded 2020active for 5 yearsRinglaan 17A, 2960 Brecht, BelgiumKBO/BCE: BE 0760.701.813
Summary

HW BELGIUM has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97,198 and a net result of €77,634. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 26% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-12-2020 Normal situation
Registered office
101 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Other technical testing and analysis NACE 71209and 1 other
Establishment unit
2.311.885.924 2960 Brecht, since 01-01-2021
Financial year end
31 December
Peppol
Reachable since 06-05-2025

Board and ownership

Board

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€980,236
▲ 38.9%
Turnover
≈ €2.3m
estimated
Profit
€77,634
Equity
€97,198
▲ 397%
Total assets
€428,925
▲ 67.8%
Employees on 31-12-2025
7
▲ 16.7%
Score breakdownraises riskSize: 6.9 FTE, total assets €428,9251 of the last 3 accounts latelowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 1.17, cash €100,628Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Average
Solvency 48+15
equity 22.7% of total assets
Liquidity 37+9
short-term debt 77.3% · cash 23.5%
Profitability 91+71
return on assets 18.1%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: 1.0% 01-2025: 0.5%▼ -0.5 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.7%▼ -0.3 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.4%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (1.03 in 2024), below the usual 1.5. Short-term debt is 77.3% and cash 23.5% of total assets. 77.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 24% of them on solvency, 17% on liquidity, 66% on profitability and 98% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 1.17, cash €100,628
NBB · annual accounts
raises risk · Size: 6.9 FTE, total assets €428,925
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year €97,198
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 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
53 days early
2024
54 days late
2023
1 day early
2022
33 days early
2021
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 13 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €19,564 to €97,198 ▲ 397% View
  • Higher gross margin than 88% of companies in architecture and engineeringsector median €110,760 · 2,545 companies €980,236 View

Recent changes

  1. · Gazette deed Company renamed from HOLLAND WATER BELGIUM to HW BelgiumRegistered office moved to Brecht · New seat: 2960 Brecht, Ringlaan 17/A · Resignation: Leonardus de Zeeuw (director)
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as HW BELGIUM: other technical testing and analysis (NACE 71209). They are comparable in size and age: total assets between €491,000 and €618,000, founded between 2016 and 2022.

CompanyTotal assetsGross margin
HW BELGIUM Brecht€0.4m€1.0m
Total Testing Service Mouscron€0.6m€0.7m
Exion Hydrogen Belgium Turnhout€0.6m€1.4m
Survitec Safety Solutions Belgium Antwerpen€0.5m€0.7m
RDPM Seneffe€0.6m€1.1m
Nitra+ Lokeren€0.6m€0.5m
Prevebo Veurne€0.6m€0.6m
Full comparison

Key facts about HW BELGIUM

What is the company number of HW BELGIUM?
The company number of HW BELGIUM is 0760.701.813. The VAT number is the same number with BE in front: BE 0760.701.813.
Where is HW BELGIUM based?
The registered office is at Ringlaan 17A, 2960 Brecht.Company details
What does HW BELGIUM do?
According to the KBO register, the main activity is other technical testing and analysis (NACE 71209).
What is the legal form of HW BELGIUM?
The legal form of HW BELGIUM is Private limited company (BV).
When was HW BELGIUM founded?
HW BELGIUM was founded on 30-12-2020.
Is HW BELGIUM still active?
Yes, HW BELGIUM is an active enterprise in the KBO register.
How many employees does HW BELGIUM have?
HW BELGIUM had an average of 6.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HW BELGIUM?
The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €980,236 and 37 comparable companies (NACE 71). It probably lies between €1.8m and €3.1m.
Is HW BELGIUM profitable?
In financial year 2025, HW BELGIUM made a profit of €77,634.
Where can I find the annual accounts of HW BELGIUM?
HW BELGIUM filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HW BELGIUM due?
HW BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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