LWD
ActiveThe annual accounts of LWD for fiscal year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €35k and a net result of €-44k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 27% of 11210 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-94
Solvency37▼-10
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.34 against 0.64 in 2024; short-term debt: 86% and cash: 1.5% of total assets), and 87.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
12.1%
Return on assets
-14.9%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 02-10-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
5 d late
2023
on the day
2022
4 d late
2021
3 d late
2020
3 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▼ 55.1%
2024 · €79k
2019: €67k
2020: €72k
2021: €80k
2022: €75k
2023: €5k
2024: €79k
2019 → 2025
Total assets
€293k▼ 20.0%
2024 · €366k
2019: €191k
2020: €194k
2021: €193k
2022: €410k
2023: €392k
2024: €366k
2019 → 2025
Net result
€-44k
2024 · €74k
2019: €3k
2020: €6k
2021: €8k
2022: €-6k
2023: €-70k
2024: €74k
2019 → 2025
Working capital
€-165k▼ 75.3%
2024 · €-94k
2019: €-33k
2020: €-42k
2021: €-48k
2022: €-67k
2023: €-155k
2024: €-94k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€75k▼ 6.9%€5k▼ 93.4%€79k▲ 1,497%€35k▼ 55.1%
Operating result€14k-€822▼ 94.3%€-61k€81k€-41k
Net result€8k-€-6k€-70k▼ 1,170%€74k€-44k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €41k after €81k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293k
Fixed assets
€206k▲ 4.2%
Current assets
€86k▼ 48.6%
Equity and liabilities €293k
Equity
€35k▼ 55.1%
Debt
€257k▼ 10.3%
The debt ratio rises from 78.4% to 87.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-39k▼
2024 · €83k
Cash flow
€-42k▼
2024 · €76k
Solvency
12.1%▼
2024 · 21.6%
Current ratio
0.34▼
2024 · 0.64
Quick ratio
0.06▼
2024 · 0.10
Debt / equity
7.25▲
2024 · 3.63
ROE
-122.7%▼
2024 · 93.7%
ROA
-14.9%▼
2024 · 20.3%
Interest coverage
-18.26▼
2024 · 12.04
Debt
€257k▼
2024 · €287k
Debt ≤ 1 year
€252k▼
2024 · €262k
Debt > 1 year
€5k▼
2024 · €21k
Income taxes
€0▼
2024 · €21
Staff costs
€900
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€366k€293k▼
Fixed assets21/28€198k€206k▲
Tangible fixed assets22/27€198k€206k▲
Land and buildings22€190k€190k=
Furniture and vehicles24€8k€6k▼
Other tangible fixed assets26-€10k
Current assets29/58€168k€86k▼
Stocks and contracts in progress3€141k€71k▼
Stocks30/36€141k€71k▼
Amounts receivable within one year40/41€3k€10k▲
Trade receivables40€91€10k▲
Other amounts receivable41€3k€297▼
Cash at bank and in hand54/58€22k€5k▼
Deferred charges and accrued income490/1€819€663▼
Equity and liabilities
Total equity and liabilities10/49€366k€293k▼
Equity10/15€79k€35k▼
Contributions10/11€19k€19k=
Reserves13€62k€62k=
Distributable reserves133€62k€62k=
Profit (loss) carried forward14€-1k€-45k▼
Amounts payable17/49€287k€257k▼
Amounts payable after more than one year17€21k€5k▼
Financial debts170/4€21k€5k▼
Amounts payable within one year42/48€262k€252k▼
Current portion of amounts payable after more than one year42€16k€17k▲
Trade debts44€174k€170k▼
Suppliers440/4€174k€170k▼
Taxes, remuneration and social security45€1k€717▼
Taxes450/3€1k€717▼
Other amounts payable47/48€71k€64k▼
Accrued charges and deferred income492/3€4k€88▼
Income statement
Code20242025
Remuneration, social security and pensions62-€900
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€71k
Other operating charges640/8€2k€802▼
Gross operating margin9900€85k€33k▼
Operating profit (loss)9901€81k€-41k▼
Financial income75/76B€189€0▼
Recurring financial income75€189€0▼
Financial charges65/66B€7k€2k▼
Recurring financial charges65€7k€2k▼
Profit (loss) for the period before taxes9903€74k€-44k▼
Income taxes67/77€21€0▼
Profit (loss) for the period9904€74k€-44k▼
Profit (loss) for the period to be appropriated9905€74k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-45k▼
Profit (loss) brought forward from the previous period14P€-75k€-1k▲
The notes to these accounts (7 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
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
31-03
Financial
Back to profitnet €74k
Net result €74k after 2 loss-making years.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Nazareth-De Pinte · 2 establishment units since 2010
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.
Botermolenstraat 29810 Nazareth-De PinteGround area
3,153 m²
Building footprint
371 m²
Volume, LiDAR
1,857 m³
2 parcels, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LWD
since 20102.193.223.250
LWD
since 20212.314.150.378
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048H0070/00E000 | Flanders | 3,011 m² | 1 · 229 m² | 8.3 m · 2 fl. |
| 44011B0308/00F000 | Flanders | 142 m² | 1 · 142 m² | 11.6 m · 2 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.
Similar companies · same sector, comparable size
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BE 0466.350.660
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ZORO
BE 1009.211.853
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Equator
BE 1017.953.830
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Ag Ambition
BE 0739.623.416
Sint-Niklaas · Eq €35k
Of 6,157 companies in sector 46190 we hold annual accounts for 2,567. 1,847 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2010
Fiscal year end31-03
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
56112Limited-service restaurants, excluding mobile food services
01430Raising of horses and other equines
01620Support activities for animal production
47762Retail sale of pets, pet food and pet supplies
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
93110Operation of sports facilities
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.