HWI
ActiveSummary
HWI has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €141,057 and a net result of €57,609. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 19374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
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Signals
This company filed its last 4 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €5,000 | - |
| Other operating charges640/8 | €695 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €132,533 | €69,939 | €76,826 | €82,348 | ▲ 7.2% |
| Operating profit (loss)9901 | €131,838 | €69,592 | €76,442 | €76,961 | ▲ 0.7% |
| Financial income75/76B | - | €0 | - | - | - |
| Recurring financial income75 | - | €0 | - | - | - |
| Financial charges65/66B | €132 | €165 | €166 | €146 | ▼ 12.0% |
| Recurring financial charges65 | €132 | €165 | €166 | €146 | ▼ 12.0% |
| Profit (loss) for the period before taxes9903 | €131,706 | €69,427 | €76,276 | €76,815 | ▲ 0.7% |
| Income taxes67/77 | €32,927 | €17,163 | €19,769 | €19,206 | ▼ 2.8% |
| Profit (loss) for the period9904 | €98,780 | €52,264 | €56,507 | €57,609 | ▲ 1.9% |
| Profit (loss) for the period to be appropriated9905 | €98,780 | €52,264 | €56,507 | €57,609 | ▲ 1.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €592,864 | €368,012 | €226,315 | €277,255 | ▲ 22.5% |
| Fixed assets21/28 | €272,533 | €272,533 | €217,533 | €169,534 | ▼ 22.1% |
| Tangible fixed assets22/27 | €50,697 | €50,697 | €50,697 | €45,697 | ▼ 9.9% |
| Land and buildings22 | €35,697 | €35,697 | €35,697 | €35,697 | = |
| Furniture and vehicles24 | €15,000 | €15,000 | €15,000 | €10,001 | ▼ 33.3% |
| Financial fixed assets28 | €221,837 | €221,837 | €166,837 | €123,837 | ▼ 25.8% |
| Current assets29/58 | €320,330 | €95,478 | €8,782 | €107,721 | ▲ 1,127% |
| Amounts receivable within one year40/41 | - | - | - | €18,796 | - |
| Other amounts receivable41 | - | - | - | €18,796 | - |
| Cash at bank and in hand54/58 | €319,797 | €95,478 | €8,782 | €88,925 | ▲ 913% |
| Deferred charges and accrued income490/1 | €533 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €592,864 | €368,012 | €226,315 | €277,255 | ▲ 22.5% |
| Equity10/15 | €554,437 | €26,941 | €83,448 | €141,057 | ▲ 69.0% |
| Contributions10/11 | €19,666 | €19,666 | €17,878 | €17,878 | = |
| Reserves13 | - | - | €1,789 | €1,789 | = |
| Distributable reserves133 | - | - | €1,789 | €1,789 | = |
| Profit (loss) carried forward14 | €534,771 | €7,274 | €63,782 | €121,390 | ▲ 90.3% |
| Amounts payable17/49 | €38,427 | €341,071 | €142,867 | €136,198 | ▼ 4.7% |
| Amounts payable within one year42/48 | €32,927 | €335,238 | €136,467 | €129,698 | ▼ 5.0% |
| Taxes, remuneration and social security45 | €32,927 | €5,370 | €6,769 | - | - |
| Taxes450/3 | €32,927 | €5,370 | €6,769 | - | - |
| Other amounts payable47/48 | - | €329,868 | €129,698 | €129,698 | = |
| Accrued charges and deferred income492/3 | €5,500 | €5,833 | €6,400 | €6,500 | ▲ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €98,780 | €52,264 | €56,507 | €57,609 | ▲ 1.9% |
| + Depreciation and write-downs630 | - | - | - | €5,000 | - |
| Operating cash flow (approximation) | €98,780 | €52,264 | €56,507 | €62,608 | ▲ 10.8% |
| Investment in fixed assets (approximation) | - | €0 | €55,000 | €43,000 | ▼ 21.8% |
| Change in cash | - | -€224,319 | -€86,696 | €80,143 | ▲ 192% |
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
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.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0008/00X036 | Brussels | 3,807 m² | 1 · 142 m² | 8.2 m · 2 fl. |
| 21614H0056/02E060 | Brussels | 3,198 m² | 1 · 295 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
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Register as of 29 September 2026 · Peppol Directory
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