Checked.be · Company dossierhttps://checked.be/en/c/lwaxana-0446018272 · as of 22-10-2026
LWAXANA
Active
Besloten Vennootschap van publiek recht · founded 1991 · active for 34 yearsZwarteweg 28, 8433 Middelkerke, BelgiumKBO/BCE: BE 0446.018.272
Summary
LWAXANA has the legal form “Besloten Vennootschap van publiek recht” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €346,146 and a net result of -€23,003. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 48% of 11,149 sector peers (NACE 68, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskPersistent lossesneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. There is no bankruptcy probability for this company, so the score rests on the figures alone.
32/ 100
Weak▼ -14 on 2024
Without a bankruptcy probability: score from the figures alone
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. Without a bankruptcy probability, this company's Checked score rests on these figures.
Weak
Solvency54-14
equity 29.2% of total assets
Liquidity39-13
short-term debt 29.0% · cash 0.7%
Profitability19+2
return on assets -1.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
The KBO gives the legal form as “Besloten Vennootschap van publiek recht”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
Credit of up to €11,000 on 30-day terms, only on tighter conditions: weak financial health in the latest filing
Liquidity insufficient (current ratio 0.82, compared with 28.99 in 2024, below 1; short-term debt: 29% and cash: 0.7% of total assets), and 70.8% of the assets are financed with debt and provisions.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 25 February (4 of the last 5 filed years within 30 days of that day).