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JW HOLDING

Active
Private limited companyfounded 20242 yrs activeHelleven (C) 8L, 2920 Kalmthout, BelgiumKBO/BCE: BE 1009.123.761
Summary

JW HOLDING has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of -€17,779. Its solvency ranks better than 53% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes
Profitability21
Solvency60
Growth-
Track record67
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.16; short-term debt: 34.8% and cash: 2% of total assets), and 65.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
34.6%
Return on assets
-0.3%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 6 May 2024, JW HOLDING was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.9m
Total assets
€5.4m
Net result
-€17,779
Working capital
-€1.6m

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €5.4m
Fixed assets €5.1m
Current assets €302,372
Equity and liabilities €5.4m
Equity €1.9m
Debt €3.6m
Debt finances 65.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€41,171
Cash flow
€60,615
Current ratio
0.16
Debt to equity
1.89
ROE
-0.9%
ROA
-0.3%
Interest coverage
0.26
Debt ≤ 1 year
€1.9m
Debt > 1 year
€1.5m
Income taxes
€65

Peer companies

Historical observation

Of the 480 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
0.8% went bankrupt
3.1% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 480 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€5.4m
Fixed assets21/28€5.1m
Tangible fixed assets22/27€2.6m
Land and buildings22€2.5m
Furniture and vehicles24€39,593
Assets under construction and advance payments27€68,536
Financial fixed assets28€2.5m
Current assets29/58€302,372
Amounts receivable within one year40/41€19,839
Trade receivables40€11,169
Other amounts receivable41€8,670
Cash at bank and in hand54/58€106,284
Deferred charges and accrued income490/1€176,250
Equity and liabilities
Total equity and liabilities10/49€5.4m
Equity10/15€1.9m
Contributions10/11€1.9m
Profit (loss) carried forward14-€17,779
Amounts payable17/49€3.6m
Amounts payable after more than one year17€1.5m
Financial debts170/4€1.5m
Amounts payable within one year42/48€1.9m
Trade debts44€15,067
Suppliers440/4€15,067
Other amounts payable47/48€1.9m
Accrued charges and deferred income492/3€156,593
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78,394
Other operating charges640/8€7,787
Gross operating margin9900€48,959
Operating profit (loss)9901-€37,223
Financial income75/76B€176,468
Recurring financial income75€176,468
Financial charges65/66B€156,959
Recurring financial charges65€156,959
Profit (loss) for the period before taxes9903-€17,714
Income taxes67/77€65
Profit (loss) for the period9904-€17,779
Profit (loss) for the period to be appropriated9905-€17,779
Appropriation of the result
Profit (loss) to be appropriated9906-€17,779
Social balance
Average headcount (FTE)90870.0

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78,394
Other operating charges640/8€7,787
Gross operating margin9900€48,959
Operating profit (loss)9901-€37,223
Financial income75/76B€176,468
Recurring financial income75€176,468
Financial charges65/66B€156,959
Recurring financial charges65€156,959
Profit (loss) for the period before taxes9903-€17,714
Income taxes67/77€65
Profit (loss) for the period9904-€17,779
Profit (loss) for the period to be appropriated9905-€17,779
Line2025
Assets
Total assets20/58€5.4m
Fixed assets21/28€5.1m
Tangible fixed assets22/27€2.6m
Land and buildings22€2.5m
Furniture and vehicles24€39,593
Assets under construction and advance payments27€68,536
Financial fixed assets28€2.5m
Current assets29/58€302,372
Amounts receivable within one year40/41€19,839
Trade receivables40€11,169
Other amounts receivable41€8,670
Cash at bank and in hand54/58€106,284
Deferred charges and accrued income490/1€176,250
Equity and liabilities
Total equity and liabilities10/49€5.4m
Equity10/15€1.9m
Contributions10/11€1.9m
Profit (loss) carried forward14-€17,779
Amounts payable17/49€3.6m
Amounts payable after more than one year17€1.5m
Financial debts170/4€1.5m
Amounts payable within one year42/48€1.9m
Trade debts44€15,067
Suppliers440/4€15,067
Other amounts payable47/48€1.9m
Accrued charges and deferred income492/3€156,593
Line2025
Profit (loss) for the period9904-€17,779
+ Depreciation and write-downs630€78,394
Operating cash flow (approximation)€60,615

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
16-07
State Gazette act Statutes amendment
Approval · Purpose change4 facts ▸
  • General meeting, BE1009.123.761, 2920 Kalmthout, Helleven (C) 8L
  • Approval, goedkeuring verslag bestuursorgaan over voorgestelde wijziging voorwerp, artikel 5:101 Wetboek van vennootschappen en verenigingen
  • Purpose change
  • Other statement, verklaring enige aandeelhouder, in de akte
State Gazette actNBB filing
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
5,612 m²
Parcel 11662E0576/00L018, Flanders. Linked by address, not a title deed.
1 establishment unit
JW HOLDING
Helleven (C) 8L, 2920 KalmthoutFinancial service activities, except insurance and pension funding
since 20242.359.749.187
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11662E0576/00L018 Flanders 1.3 ha 1 · 5,612 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 1 holding

Owners 1

Holdings 1

According to the 2025 annual accounts of JW HOLDING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 4,375 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
46711Wholesale of cars and light vans (up to 3.5 tonnes)
64190Financial service activities, except insurance and pension funding
64210Activities of holding companies
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
77223Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009123761
Also 9925:BE1009123761
Registered 09-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.