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J&W

Active
Private limited companyfounded 199828 yrs activePutsebaan 149, 3140 Keerbergen, BelgiumKBO/BCE: BE 0462.468.185
Summary

The computed 12-month bankruptcy probability of J&W is 1.6% (moderate). The 2025 annual accounts show negative equity (-€12,910) and a net result of -€4,269. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 6% of 1082 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Other printing
NACE 18120Manufacture of rubber and plastic products NACE 22220
1 site
Size
€7,627total assets 2025
Equity
-€12,910
Loss
-€4,269
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
1.6%
Structure
Accounts 23 d early0 of 4 deeds read
Why 53- Negative equity -€12,910- 1 change of registered office in 24 months- Loss of €4,269 (FY 2025)+ Size: total assets €7,627Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 16% of its sector peers (NACE 18, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 0=
equity -169.3% of total assets
Liquidity 50=
short-term debt 269.3% · cash 71.0%
Profitability 0-100
return on assets -56.0%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,605 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%▲ +2.4% vs 11-2024 01-2025: 0.9%▲ +13.1% vs 12-2024 02-2025: 1.2%▲ +27.9% vs 01-2025 03-2025: 1.3%▲ +4.3% vs 02-2025 04-2025: 1.5%▲ +15.0% vs 03-2025 05-2025: 1.6%▲ +8.7% vs 04-2025 06-2025: 2.1%▲ +31.7% vs 05-2025 07-2025: 3.6%▲ +74.0% vs 06-2025highest value 08-2025: 0.3%▼ -92.9% vs 07-2025lowest value 09-2025: 0.3%● 0.0% vs 08-2025lowest value 10-2025: 0.3%● 0.0% vs 09-2025lowest value 11-2025: 0.7%▲ +160% vs 10-2025 12-2025: 0.7%● 0.0% vs 11-2025 01-2026: 0.7%● 0.0% vs 12-2025 02-2026: 0.7%▼ -1.2% vs 01-2026 03-2026: 0.7%▲ +3.5% vs 02-2026 04-2026: 0.7%▼ -1.5% vs 03-2026 05-2026: 0.8%▲ +22.1% vs 04-2026 06-2026: 0.9%▲ +8.8% vs 05-2026 07-2026: 1.1%▲ +20.0% vs 06-2026 08-2026: 1.5%▲ +44.4% vs 07-2026 09-2026: 1.5%● 0.0% vs 08-2026 10-2026: 1.6%▲ +6.1% vs 09-2026
  • Size: total assets €7,627 lowers the probability for this profile
  • Negative equity -€12,910 raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Loss of €4,269 (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.35 against 0.53 in 2024; short-term debt: 269.3% and cash: 71% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 18, micro). Better than this share of them on solvency 6%, liquidity 41%, profitability 6%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €7,627
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€12,910
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Loss of €4,269 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€12,910
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
9 d early
2023
27 d early
2022
11 d early
2021
9 d late
2020
3 d early
2019
42 d late
← 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 3 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €16,088

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€12,910 View
  • Caution: Among the weakest 6% on solvencysector median 50.6% · 1,082 companies -169.3% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€7,627
Loss
-€4,269
Solvency
-169.3%
Total assets▼ 32.2%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 08-07-2026Annual accounts filed
  2. 22-07-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other printingNACE 18120
Founded
19-01-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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