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LWAXANA

Active
Besloten Vennootschap van publiek rechtfounded 1991active 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.

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€1.2mtotal assets 2025
Equity
€346,146
Loss
-€23,003
Turnover not published (abbreviated format)
Financial health
32 Weak Checked score 2025
Bankruptcy probability: legal form outside the model
Structure
Holdings
6
Accounts 1 day early1 of 3 deeds read
Signalsraises riskPersistent lossesneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
32 / 100
Weak▼ -14 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency 54-14
equity 29.2% of total assets
Liquidity 39-13
short-term debt 29.0% · cash 0.7%
Profitability 19+2
return on assets -1.9%
Bankruptcy probability, 12 months

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.
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Signals

Two signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€23,003
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 27-02-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
56 days early
2022
25 days early
2021
3 days early
2020
2 days early
2019
29 days early
← before the deadline after the deadline →
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).
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end22-10-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€23,003
  3. Resignation: VERHALLE Glenn (manager)Appointment: VERHALLE Glenn (director) ·…

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€23,003 View
  • Active since 1991founded 13-12-1991 34 years View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Loss
-€23,003
Solvency
29.2%
Total assets▲ 36.6%
Net result
20192025
Go to Financials

Timeline

Events
39
Since
1993
Next accounts
by 28-02-2027
  1. 28-02-2025Annual accounts filed
  2. 31-07-2024Liquidity more than doubled
  3. 04-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Besloten Vennootschap van publiek recht
Activity
Development of residential building projectsNACE 68121
Founded
13-12-1991
Year ends
31-07
Peppol
Reachable for e-invoices
Go to Company details

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