HWTS

Active

Private limited companyfounded 2007active for 18 yearsBrugmannlaan 200, 1050 Elsene, BelgiumKBO/BCE: BE 0894.083.246

Summary

The computed 12-month bankruptcy probability of HWTS is 5.4% (elevated). The 2025 annual accounts show equity of €123,488 and a net result of €45,178. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 15% of 5,645 sector peers (NACE 81, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

HWTSActiveChecked score 37/100

Risk analysis Report Compare

Activity

General cleaning of buildings

NACE 81210Personal service activities NACE 96910

6 sites

Size

≈ €650,000turnover 2025, estimated

Staff: ≈ 0.1 FTE, estimated
Equity: €123,488
Profit: €45,178

Turnover estimated from the gross margin

Financial health

37 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 5.4%

Structure

2025 accounts filed 31 days late3 of 10 deeds summarised

Why 37raises risk2 changes of registered office in 24 monthsLast filed accounts filed 31 days late; 2 of the last 3 lateLiquidity: current ratio 0.01, cash €16,349, halvedlowers riskSize: total assets €2.5mShow the evidence

Checked score

Score 2025

37 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 36% of its sector peers (NACE 81, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 30+1

equity 4.8% of total assets

Liquidity 28+1

short-term debt 45.9% · cash 0.6%

Profitability 50+7

return on assets 1.8%

Bankruptcy probability, 12 months

5.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (479 companies, NACE 81, small)

Last 24 months 11-2024: 2.7% 12-2024: 2.7%● unchanged vs 11-2024 01-2025: 2.6%▼ -0.1 percentage points vs 12-2024 02-2025: 2.7%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.6%▼ -0.1 percentage points vs 03-2025 05-2025: 2.5%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 4.5%▲ +2.0 percentage points vs 05-2025 07-2025: 4.9%▲ +0.4 percentage points vs 06-2025 08-2025: 5.7%▲ +0.8 percentage points vs 07-2025 09-2025: 7.0%▲ +1.3 percentage points vs 08-2025 10-2025: 3.6%▼ -3.4 percentage points vs 09-2025 11-2025: 3.6%● unchanged vs 10-2025 12-2025: 3.6%● unchanged vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 3.7%▲ +0.1 percentage points vs 01-2026 03-2026: 3.6%▼ -0.1 percentage points vs 02-2026 04-2026: 4.0%▲ +0.4 percentage points vs 03-2026 05-2026: 7.5%▲ +3.5 percentage points vs 04-2026 06-2026: 7.6%▲ +0.1 percentage points vs 05-2026 07-2026: 8.1%▲ +0.5 percentage points vs 06-2026 08-2026: 8.6%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 5.4%▼ -3.2 percentage points vs 08-2026 10-2026: 5.4%● unchanged vs 09-2026

Credit of up to €4,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity insufficient (current ratio 0.01, compared with 0.18 in 2024, below 1; short-term debt: 45.9% and cash: 0.6% of total assets), and 95.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 81, small): better than 7% on solvency, 17% on liquidity, 25% on profitability and 93% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

2 changes of registered office in 24 months

Belgian Official Gazette

Last filed accounts filed 31 days late; 2 of the last 3 late

NBB · filings

Size: total assets €2.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 0.01, cash €16,349, halved

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 5645 sector peers (2025).

NBB · sector comparison

Position among 5645 sector peers

Solvency

better than 15%

← weakest strongest →

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

31 days late

2024

30 days late

2023

92 days late

2022

121 days late

2021

47 days early

2020

27 days late

2019

31 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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 31 August (4 of the last 5 filed years within 78 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · micro…
01-04-2026 Resignations: SOUTH BRUSSELS SOLUTION (director) and…Registered-office move
31-12-2025 Highest result from 2018 to 2025net €45,178 ▲451%

Key points

Caution: Among the weakest 15% on solvencysector median 40.5% · 5,645 companies 4.8% View
Positive: 6 profitable years in a rowprofit 2025: €45,178 6 years View
Flemish supportawarded from 2022 to 2025 €758,351 View
A director leftlatest change 23-03-2026 · 0 in office 1 left View

By topic

Financials

Financial year: 2025
Total assets: €2.5m
Profit: €45,178
Solvency: 4.8%

Total assets▲ 14.7%

Net result

20182025

Go to Financials

Network & group

Connected companies: 2

Go to Network & group

Timeline

Events: 25
Since: 2009
Next accounts: by 31-07-2027

31-12-2025Equity above €100,000
30-08-2025Annual accounts filed
21-05-2025Registered office

Go to Timeline

Company details

Sites: 6

Legal form: Private limited company
Activity: General cleaning of buildingsNACE 81210
Founded: 11-12-2007
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 32

Who signs: Each director alone
Annual meeting: 15 June at 10:00
Purpose: “1)L'exploitation d'une entreprise de nettoyage au sens le plus large du terme pour les…” (deed in French)

Go to Articles of association

Key facts about HWTS

What is the company number of HWTS?: 0894.083.246. In Belgium the VAT number is the company number with BE in front: BE 0894.083.246.
Where is HWTS based?: The registered office is at Brugmannlaan 200, 1050 Elsene.Company details
What does HWTS do?: According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of HWTS?: Private limited company (BV).
When was HWTS founded?: On 11-12-2007.
Is HWTS still active?: Yes, HWTS is an active enterprise in the KBO register.
How many employees does HWTS have?: On average 24.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of HWTS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is HWTS profitable?: In financial year 2025, HWTS made a profit of €45,178.
Where can I find the annual accounts of HWTS?: HWTS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HWTS due?: By 31-07-2027, for financial year 2026.Timeline