LWCO
ActiveLWCO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40k and a net result of €132k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
81
/ 100
Excellent▲ +74 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency34▼-7
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 7.44 against 0.84 in 2023), but 98.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 37971 sector peers (2024).
NBB · sector comparisonPosition among 37971 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
68 d early
2022
3 d early
2021
2 d late
2020
16 d late
2019
75 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€40k
2023 · €-92k
2018: €104k
2019: €189k
2020: €282k
2021: €197k
2022: €272k
2023: €-92k
2018 → 2024
Total assets
€2.65M▼ 8.1%
2023 · €2.89M
2018: €163k
2019: €228k
2020: €320k
2021: €249k
2022: €303k
2023: €2.89M
2018 → 2024
Net result
€132k
2023 · €-364k
2018: €88k
2019: €85k
2020: €93k
2021: €93k
2022: €74k
2023: €-364k
2018 → 2024
Working capital
€695k
2023 · €-194k
2018: €96k
2019: €183k
2020: €278k
2021: €195k
2022: €216k
2023: €-194k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€282k-€197k▼ 30.2%€272k▲ 37.7%€-92k€40k
Operating result€119k-€119k▲ 0.2%€104k▼ 12.8%€-297k€191k
Net result€93k-€93k▼ 0.2%€74k▼ 20.3%€-364k€132k
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 2024: €191k after a loss of €297k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.65M
Fixed assets
€1.85M▼ 2.4%
Current assets
€803k▼ 19.1%
Equity and liabilities €2.65M
Equity
€40k
Debt
€2.61M
Debt finances 98.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€258k▲
2023 · €-238k
Cash flow
€199k▲
2023 · €-305k
Solvency
1.5%▲
2023 · -3.2%
Current ratio
7.44▲
2023 · 0.84
Quick ratio
2.15▲
2023 · 0.35
Debt / equity
65.71▲
2023 · -32.40
ROE
331.2%▼
2023 · 395.3%
ROA
5.0%▲
2023 · -12.6%
Interest coverage
4.13▲
2023 · -3.61
Debt
€2.61M▼
2023 · €2.98M
Debt ≤ 1 year
€108k▼
2023 · €1.19M
Debt > 1 year
€2.49M▲
2023 · €1.79M
Income taxes
€582▲
2023 · €447
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.89M€2.65M▼
Fixed assets21/28€1.90M€1.85M▼
Tangible fixed assets22/27€1.90M€1.85M▼
Land and buildings22€1.78M€1.74M▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€89k€69k▼
Other tangible fixed assets26€23k€34k▲
Current assets29/58€992k€803k▼
Stocks and contracts in progress3€572k€571k▼
Stocks30/36€572k€571k▼
Amounts receivable within one year40/41€3k€18k▲
Trade receivables40-€17k
Other amounts receivable41€3k€623▼
Cash at bank and in hand54/58€412k€209k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€2.89M€2.65M▼
Equity10/15€-92k€40k▲
Contributions10/11€20k€20k=
Reserves13€243k€243k=
Distributable reserves133€243k€243k=
Profit (loss) carried forward14€-355k€-224k▲
Amounts payable17/49€2.98M€2.61M▼
Amounts payable after more than one year17€1.79M€2.49M▲
Financial debts170/4€1.79M€1.71M▼
Other amounts payable178/9-€785k
Amounts payable within one year42/48€1.19M€108k▼
Current portion of amounts payable after more than one year42€83k€86k▲
Trade debts44€14k€6k▼
Suppliers440/4€14k€6k▼
Taxes, remuneration and social security45€19k€14k▼
Taxes450/3€16k€14k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€1.07M€2k▼
Accrued charges and deferred income492/3-€12k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€67k▲
Other operating charges640/8€4k€7k▲
Non-recurring operating charges66A€232k-
Gross operating margin9900€-2k€265k▲
Operating profit (loss)9901€-297k€191k▲
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€66k€62k▼
Recurring financial charges65€66k€62k▼
Profit (loss) for the period before taxes9903€-363k€132k▲
Income taxes67/77€447€582▲
Profit (loss) for the period9904€-364k€132k▲
Profit (loss) for the period to be appropriated9905€-364k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-355k€-224k▲
Profit (loss) brought forward from the previous period14P€8k€-355k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €132k
Net result €132k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 7.44
Current ratio from 0.84 to 7.44; short-term debt falls from €1.19M to €108k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-364k ▼589%
Net result drops to €-364k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €272k ▲37.7%
5 profitable years in a row build equity to €272k.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Equity above €200kEq €282k ▲49.4%
3 profitable years in a row build equity to €282k.
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 5.75
Current ratio from 2.63 to 5.75; short-term debt falls from €59k to €39k.
31-12
Financial
Equity above €150kEq €189k ▲82.5%
2 profitable years in a row build equity to €189k.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Etterbeek · 1 establishment unit since 2018
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.
Atrebatenstraat 1351040 EtterbeekGround area
251 m²
Building footprint
101 m²
Volume, LiDAR
951 m³
Parcel 21362B0299/00X003, Brussels · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LWCO
since 20182.270.978.351
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0299/00X003 | Brussels | 251 m² | 1 · 101 m² | 13.8 m · 4 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.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 36,547 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62200Computer consultancy and computer facilities management
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.