LTW GROUP
ActiveLTW GROUP has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €34k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 86% of 969 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +85 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+67
Growth78▲+20
Stability94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.98), and 22.5% 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 · 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 42
Relative position
BE, all sectors
reference
Sector 42
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
77.5%
Return on assets
101.9%
Age of the figures
8 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 29-08-2026, 29 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 · 4 filingsDeviation from the deadline
2025
29 d late
2024
13 d late
2023
28 d late
2022
34 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k
2024 · €-8k
2022: €414
2023: €-5k
2024: €-8k
2022 → 2025
Total assets
€33k▲ 16,315%
2024 · €202
2022: €4k
2023: €4k
2024: €202
2022 → 2025
Net result
€34k
2024 · €-3k
2022: €-10k
2023: €-5k
2024: €-3k
2022 → 2025
Working capital
€22k
2024 · €-8k
2022: €-710
2023: €-5k
2024: €-8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€414-€-5k€-8k▼ 63.0%€26k
Operating result€-9k-€-5k▲ 43.8%€-3k▲ 44.4%€38k
Net result€-10k-€-5k▲ 44.0%€-3k▲ 41.8%€34k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €38k after a loss of €3k in 2024, the highest year so far.
Balance-sheet composition
Assets €33k
Fixed assets
€3k
Current assets
€30k
Equity and liabilities €33k
Equity
€26k
Debt
€7k
Debt finances 22.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€39k▲
2024 · €-3k
Cash flow
€34k▲
2024 · €-3k
Solvency
77.5%
Current ratio
3.98
Quick ratio
3.98
Debt / equity
0.29
ROE
131.4%
ROA
101.9%
Interest coverage
197.56▲
2024 · -14.97
Debt
€7k▼
2024 · €8k
Debt ≤ 1 year
€7k▼
2024 · €8k
Income taxes
€4k
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€202€33k▲
Fixed assets21/28€0€3k▲
Tangible fixed assets22/27€0€3k▲
Plant, machinery and equipment23-€3k
Furniture and vehicles24€0-
Current assets29/58€202€30k▲
Amounts receivable within one year40/41€111€24k▲
Trade receivables40-€19k
Other amounts receivable41€111€5k▲
Cash at bank and in hand54/58€91€6k▲
Equity and liabilities
Total equity and liabilities10/49€202€33k▲
Equity10/15€-8k€26k▲
Contributions10/11€10k€10k=
Reserves13-€16k
Distributable reserves133-€16k
Profit (loss) carried forward14€-18k€0▲
Amounts payable17/49€8k€7k▼
Amounts payable within one year42/48€8k€7k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48€7k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€410€634▲
Other operating charges640/8€62€462▲
Gross operating margin9900€-2k€39k▲
Operating profit (loss)9901€-3k€38k▲
Financial charges65/66B€170€198▲
Recurring financial charges65€170€198▲
Profit (loss) for the period before taxes9903€-3k€38k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-3k€34k▲
Profit (loss) for the period to be appropriated9905€-3k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€16k▲
Profit (loss) brought forward from the previous period14P€-15k€-18k▼
Transfer to equity691/2-€16k
To other reserves6921-€16k
The notes to these accounts (13 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Back to profitnet €34k
Net result €34k after 3 loss-making years.
31-12
Financial
Liquidity times 163current ratio 3.98
Current ratio from 0.02 to 3.98; short-term debt falls from €8k to €7k.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dilsen-Stokkem · 1 establishment unit since 2021
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.
Rachels 333650 Dilsen-StokkemGround area
1,141 m²
Building footprint
120 m²
Volume, LiDAR
728 m³
Parcel 73043A0638/00E000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AQUA ZENSE
since 20212.313.551.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043A0638/00E000 | Flanders | 1,141 m² | 1 · 120 m² | 9.6 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesLTW GROUP BV44213
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Of 387 companies in sector 42990 we hold annual accounts for 178. 117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2021
Fiscal year end31-12
Activities, NACEBEL
42990Civil engineering
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.