K-W-C
ActiveSummary
The computed 12-month bankruptcy probability of K-W-C is 2.7% (moderate). The 2025 annual accounts show negative equity (€-257k) and a net result of €-299k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 7% of 721 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-58
Solvency1▼-28
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.61 in 2024; short-term debt: 67.6% and cash: 0.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-23.8%
Return on assets
-27.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-257k
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
45 d late
2024
6 d early
2023
21 d early
2022
31 d early
2021
47 d early
2020
37 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-257k
2024 · €43k
2020: €17k
2021: €20k
2022: €27k
2023: €47k
2024: €43k
2020 → 2025
Total assets
€1.08M▼ 7.1%
2024 · €1.16M
2020: €323k
2021: €728k
2022: €803k
2023: €1.03M
2024: €1.16M
2020 → 2025
Net result
€-299k▼ 7,076%
2024 · €-4k
2020: €13k
2021: €3k
2022: €7k
2023: €21k
2024: €-4k
2020 → 2025
Working capital
€-378k▼ 163%
2024 · €-144k
2020: €-29k
2021: €-90k
2022: €-83k
2023: €-78k
2024: €-144k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€27k▲ 34.5%€47k▲ 74.4%€43k▼ 8.9%€-257k
Operating result€11k-€22k▲ 103%€45k▲ 107%€27k▼ 41.0%€-266k
Net result€3k-€7k▲ 164%€21k▲ 202%€-4k€-299k▼ 7,076%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €266k after €27k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€728k ▼ 22.4%
Current assets
€351k ▲ 56.7%
Key figures and ratios
EBITDA
€-143k▼
2024 · €148k
Cash flow
€-177k▼
2024 · €117k
Solvency
-23.8%▼
2024 · 3.7%
Current ratio
0.48▼
2024 · 0.61
Debt to equity
-5.20▼
2024 · 26.25
ROA
-27.7%▼
2024 · -0.4%
Interest coverage
-4.10▼
2024 · 4.79
Debt
€1.34M▲
2024 · €1.12M
Debt ≤ 1 year
€729k▲
2024 · €368k
Debt > 1 year
€606k▼
2024 · €751k
Staff costs
€352k▲
2024 · €293k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.16M€1.08M▼
Fixed assets21/28€937k€728k▼
Intangible fixed assets21€323€0▼
Tangible fixed assets22/27€933k€724k▼
Plant, machinery and equipment23€57k€44k▼
Furniture and vehicles24€115k€138k▲
Leasing and similar rights25€761k€542k▼
Financial fixed assets28€4k€4k=
Current assets29/58€224k€351k▲
Amounts receivable within one year40/41€210k€336k▲
Trade receivables40€206k€336k▲
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€7k€4k▼
Deferred charges and accrued income490/1€8k€11k▲
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.08M▼
Equity10/15€43k€-257k▼
Contributions10/11€5k€5k=
Reserves13€42k€42k=
Distributable reserves133€42k€42k=
Profit (loss) carried forward14€-4k€-303k▼
Amounts payable17/49€1.12M€1.34M▲
Amounts payable after more than one year17€751k€606k▼
Financial debts170/4€751k€606k▼
Amounts payable within one year42/48€368k€729k▲
Current portion of amounts payable after more than one year42€171k€159k▼
Financial debts43-€263k
Credit institutions430/8-€263k
Trade debts44€149k€268k▲
Suppliers440/4€149k€268k▲
Taxes, remuneration and social security45€46k€39k▼
Taxes450/3€38k€29k▼
Remuneration and social security454/9€8k€11k▲
Other amounts payable47/48€1k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€293k€352k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€123k▲
Other operating charges640/8€12k€8k▼
Non-recurring operating charges66A€3k€5k▲
Gross operating margin9900€456k€221k▼
Operating profit (loss)9901€27k€-266k▼
Financial income75/76B€78€1k▲
Recurring financial income75€78€1k▲
Financial charges65/66B€31k€35k▲
Recurring financial charges65€31k€35k▲
Profit (loss) for the period before taxes9903€-4k€-299k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-4k€-299k▼
Profit (loss) for the period to be appropriated9905€-4k€-299k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-303k▼
Profit (loss) brought forward from the previous period14P-€-4k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90875.45.3▼
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 45 days late
2025
31-12
Financial
Weakest financial yearnet €-299k
Net result drops to €-299k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €21k ▲202%
Operating result €45k, net result €21k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Peremansheidestraat 72220 Heist-op-den-BergGround area
1,028 m²
Building footprint
150 m²
Volume, LiDAR
673 m³
Parcel 12322G0837/00M000, Flanders · tallest building 5.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
K-W-C
since 20202.299.224.058
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322G0837/00M000 | Flanders | 1,028 m² | 1 · 150 m² | 5.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,535 EUR awarded · 1,284 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 211 EUR | 211 EUR |
| 2022 | 1 | 1,324 EUR | 1,073 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,190 companies in sector 52250 we hold annual accounts for 1,955. 1,097 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
52250Logistics services
25110Manufacture of metal structures and parts of structures
25530Machining of metals
52210Service activities incidental to land transportation
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:cornelis.nick@hotmail.com