L&W SERVICES
ActiveL&W SERVICES has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €61k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 54% of 10250 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+78
Solvency85▲+20
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 3.52 against 3.4 in 2024), but 59.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
40.6%
Return on assets
13.6%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
5 d early
2022
1 d early
2021
3 d early
2020
4 d early
2019
on the day
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€61k▲ 1,046%
2024 · €5k
2019: €34k
2021: €92k
2022: €157k
2023: €47k
2024: €5k
2019 → 2025
Working capital
€214k▲ 9.7%
2024 · €195k
2019: €-6k
2021: €83k
2022: €102k
2023: €102k
2024: €195k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€125k▼ 0.3%€125k▼ 0.5%€122k▼ 2.5%€181k▲ 48.9%
Operating result€139k-€219k▲ 57.4%€72k▼ 67.3%€60k▼ 16.2%€87k▲ 45.2%
Net result€92k-€157k▲ 71.2%€47k▼ 69.8%€5k▼ 88.9%€61k▲ 1,046%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €446k
Fixed assets
€148k▼ 11.3%
Current assets
€299k▲ 8.1%
Equity and liabilities €446k
Equity
€181k▲ 48.9%
Debt
€265k▼ 17.4%
The debt ratio falls from 72.5% to 59.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€108k▲
2024 · €83k
Cash flow
€82k▲
2024 · €29k
Solvency
40.6%▲
2024 · 27.5%
Current ratio
3.52▲
2024 · 3.40
Quick ratio
1.57▼
2024 · 1.77
Debt / equity
1.46▼
2024 · 2.64
ROE
33.4%▲
2024 · 4.3%
ROA
13.6%▲
2024 · 1.2%
Interest coverage
10.10▲
2024 · 1.98
Debt
€265k▼
2024 · €321k
Debt ≤ 1 year
€85k▲
2024 · €81k
Debt > 1 year
€179k▼
2024 · €238k
Income taxes
€16k▲
2024 · €14k
Staff costs
€96k▼
2024 · €115k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€443k€446k▲
Fixed assets21/28€166k€148k▼
Tangible fixed assets22/27€162k€144k▼
Land and buildings22€124k€117k▼
Plant, machinery and equipment23€31k€22k▼
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€4k€4k=
Current assets29/58€276k€299k▲
Stocks and contracts in progress3€133k€166k▲
Stocks30/36€133k€166k▲
Amounts receivable within one year40/41€83k€79k▼
Trade receivables40€48k€62k▲
Other amounts receivable41€35k€16k▼
Cash at bank and in hand54/58€24k€26k▲
Deferred charges and accrued income490/1€36k€28k▼
Equity and liabilities
Total equity and liabilities10/49€443k€446k▲
Equity10/15€122k€181k▲
Contributions10/11€19k€19k=
Reserves13€94k€94k=
Distributable reserves133€94k€94k=
Profit (loss) carried forward14€5k€64k▲
Investment grants15€5k€4k▼
Amounts payable17/49€321k€265k▼
Amounts payable after more than one year17€238k€179k▼
Financial debts170/4€118k€109k▼
Other amounts payable178/9€120k€70k▼
Amounts payable within one year42/48€81k€85k▲
Current portion of amounts payable after more than one year42€9k€10k▲
Financial debts43€10k€19k▲
Other loans439€10k€19k▲
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€46k€48k▲
Taxes450/3€21k€34k▲
Remuneration and social security454/9€25k€14k▼
Other amounts payable47/48€9k€5k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€115k€96k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17k-
Other operating charges640/8€10k€14k▲
Gross operating margin9900€225k€218k▼
Operating profit (loss)9901€60k€87k▲
Financial income75/76B€1k€413▼
Recurring financial income75€1k€413▼
Financial charges65/66B€42k€11k▼
Recurring financial charges65€42k€11k▼
Profit (loss) for the period before taxes9903€19k€77k▲
Income taxes67/77€14k€16k▲
Profit (loss) for the period9904€5k€61k▲
Profit (loss) for the period to be appropriated9905€5k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€65k▲
Profit (loss) brought forward from the previous period14P€302€5k▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
Social balance
Average headcount (FTE)90871.82.3▲
The notes to these accounts (15 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150kEq €181k ▲48.9%
6 profitable years in a row build equity to €181k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €5k ▼88.9%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.40
Current ratio from 1.50 to 3.40; short-term debt falls from €206k to €81k.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Highest result since 2019net €157k ▲71.2%
Operating result €219k, net result €157k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Equity above €100kEq €126k ▲125%
2 profitable years in a row build equity to €126k.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Comblain-au-Pont · 1 establishment unit since 2017
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.
Rue du Vicinal 264170 Comblain-au-PontGround area
1,611 m²
Building footprint
219 m²
Volume, LiDAR
1,329 m³
2 parcels, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L&W SERVICES
since 20172.264.119.659
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62100D1460/00R000 | Wallonia | 983 m² | 1 · 45 m² | - |
| 62026D1072/00H000 | Wallonia | 627 m² | 1 · 174 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CROSS-BORDER COMMERCE EUROPE
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RSDECO
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L'OFFICINE R
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SecureICS
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KENKENKEN
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Of 12,958 companies in sector 47120 we hold annual accounts for 2,176. 1,394 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2017
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
82100Office administrative and support services
82110Office administrative, office support and other business support activities
58290Other software publishing
61100Wired, wireless and satellite telecommunications
61200Telecommunications
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
77110Renting and leasing of cars and light motor vehicles
77393Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.