LW Management
ActiveLW Management has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 8596 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
15
/ 100
Critical▼ -12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency13▼-55
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.6 in 2024), and 86% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
14%
Return on assets
-20.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 8596 sector peers (2025).
NBB · sector comparisonPosition among 8596 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
30 d early
2023
8 d early
2022
27 d early
2021
23 d early
2020
27 d late
2019
130 d late
← 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
€-6k▲ 61.8%
2024 · €-15k
2018: €-19k
2019: €19k
2020: €26k
2021: €9k
2022: €20k
2023: €2k
2024: €-15k
2018 → 2025
Working capital
€-8k▼ 257%
2024 · €-2k
2018: €-29k
2019: €-10k
2020: €14k
2021: €-14k
2022: €7k
2023: €11k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€23k▲ 627%€25k▲ 6.4%€10k▼ 60.8%€4k▼ 59.4%
Operating result€10k-€26k▲ 172%€4k▼ 83.0%€-12k€-3k▲ 77.6%
Net result€9k-€20k▲ 114%€2k▼ 92.5%€-15k€-6k▲ 61.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€12k▼ 2.0%
Current assets
€17k▲ 411%
Equity and liabilities €28k
Equity
€4k▼ 59.4%
Debt
€24k▲ 349%
The debt ratio rises from 35.7% to 86.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-254▲
2024 · €-9k
Cash flow
€-3k▲
2024 · €-13k
Solvency
14.0%▼
2024 · 64.3%
Current ratio
0.68▲
2024 · 0.60
Quick ratio
0.68▲
2024 · 0.60
Debt / equity
6.16▲
2024 · 0.56
ROE
-146.4%▲
2024 · -155.4%
ROA
-20.4%▲
2024 · -99.9%
Interest coverage
-0.08▲
2024 · -2.87
Debt
€24k▲
2024 · €5k
Debt ≤ 1 year
€24k▲
2024 · €5k
Income taxes
€144▼
2024 · €322
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€15k€28k▲
Fixed assets21/28€12k€12k▼
Tangible fixed assets22/27€12k€12k▼
Furniture and vehicles24€419€2k▲
Other tangible fixed assets26€11k€10k▼
Current assets29/58€3k€17k▲
Amounts receivable within one year40/41€2k€9k▲
Trade receivables40€2k€9k▲
Other amounts receivable41-€107
Cash at bank and in hand54/58€779€8k▲
Deferred charges and accrued income490/1-€226
Equity and liabilities
Total equity and liabilities10/49€15k€28k▲
Equity10/15€10k€4k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€4k€2k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2k-
Profit (loss) carried forward14-€-4k
Amounts payable17/49€5k€24k▲
Amounts payable within one year42/48€5k€24k▲
Trade debts44€4k€12k▲
Suppliers440/4€4k€12k▲
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€6k▲
Other amounts payable47/48€542€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€387€370▼
Gross operating margin9900€-9k€116▲
Operating profit (loss)9901€-12k€-3k▲
Financial income75/76B€29€0▼
Recurring financial income75€29€0▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-15k€-6k▲
Income taxes67/77€322€144▼
Profit (loss) for the period9904€-15k€-6k▲
Profit (loss) for the period to be appropriated9905€-15k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-6k▲
Transfer from equity791/2€15k€2k▼
The notes to these accounts (6 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 6current ratio 8.35
Current ratio from 1.48 to 8.35; short-term debt falls from €15k to €1k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €26k ▲39.7%
Operating result €26k, net result €26k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.86
Current ratio from 0.52 to 1.86; short-term debt falls from €21k to €17k.
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 130 days late
2019
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
02-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 124 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
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, Ukkel · 1 establishment unit since 2015
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.
Dieweg 85B1180 UkkelGround area
4,905 m²
Building footprint
500 m²
Volume, LiDAR
5,428 m³
2 parcels, Brussels · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Schilderachtige dreef 81, 1180 Ukkel
since 20152.247.248.587
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/02C031 | Brussels | 4,555 m² | 1 · 380 m² | 17.6 m · 4 fl. |
| 21614E0262/00D007 | Brussels | 350 m² | 1 · 119 m² | 14.9 m · 4 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.
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 13,386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-11-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.