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LWS Technics

Bankruptcy
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0698.981.406

The KBO register records for LWS Technics the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (€-68k) and a net result of €-82k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 26-01-2021, 5 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
5 d early
2019
3 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€-68k
2019 · €7k
2019: €7k
2019 → 2020
Total assets
€194k▲ 65.2%
2019 · €117k
2019: €117k
2019 → 2020
Net result
€-82k▼ 1,405%
2019 · €-5k
2019: €-5k
2019 → 2020
Working capital
€-127k▼ 258%
2019 · €-36k
2019: €-36k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020Trend
Equity€7k-€-68k
Operating result€-4k-€-68k▼ 1,737%
Net result€-5k-€-82k▼ 1,405%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-75k€-50k€-25k€0Operating result 2019: €-4k€-4kNet result 2019: €-5k€-5kOperating result 2020: €-68k€-68kNet result 2020: €-82k€-82k20192020
The operating result stays negative: a loss of €68k in 2020 against €4k in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €192k
Fixed assets €57k▲ 41.4%
Current assets €135k▲ 80.6%
Key figures and ratios
2020 value · change against 2019
EBITDA
€-58k
2019 · €-1k
Cash flow
€-71k
2019 · €-3k
Solvency
-35.4%
2019 · 6.0%
Current ratio
0.51
2019 · 0.68
Quick ratio
0.51
2019 · 0.68
ROA
-42.2%
2019 · -4.6%
Debt
€262k
2019 · €110k
Debt ≤ 1 year
€262k
2019 · €110k
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 · 2020 against 2019
Balance sheet Code20192020
Assets
Total assets20/58€117k€194k
Formation expenses20€2k€2k
Fixed assets21/28€40k€57k
Intangible fixed assets21€25k€18k
Tangible fixed assets22/27€11k€29k
Financial fixed assets28€4k€9k
Current assets29/58€75k€135k
Stocks and contracts in progress3€18k€20k
Amounts receivable within one year40/41€35k€94k
Cash at bank and in hand54/58€6k€21k
Equity and liabilities
Total equity and liabilities10/49€117k€194k
Equity10/15€7k€-68k
Contributions10/11€12k€19k
Profit (loss) carried forward14€-5k€-87k
Amounts payable17/49€110k€262k
Amounts payable within one year42/48€110k€262k
Trade debts44€63k€204k
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€10k
Gross operating margin9900€33k€54k
Operating profit (loss)9901€-4k€-68k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€-5k€-82k
Profit (loss) for the period9904€-5k€-82k
Profit (loss) for the period to be appropriated9905€-5k€-82k

Download as CSV

Timeline · acts, filings and financial milestones

2021
26-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
03-09
Judicial reorganisation Opening
Ondernemingsrechtbank Gent · collectif · event 25-08-2020
28-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
SignalNBB filing

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
2 establishment units since 2018
establishment All 2 establishment units on the map
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.

Ground area
1,794 m²
Building footprint
901 m²
Volume, LiDAR
8,077 m³
Parcel 44809I0826/00R000, Flanders · tallest building 20.2 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
LWS Technics
Repair, maintenance and installation of machinery and equipment
since 20182.278.391.230
LWS Construct
Manufacture of metal structures and parts of structures
since 20182.281.557.883
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44809I0826/00R000 Flanders 1,794 m² 1 · 901 m² 20.1 m · 1 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.

Similar companies · same sector, comparable size

Of 887 companies in sector 33110 we hold annual accounts for 440. 170 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded29-06-2018
Fiscal year end30-06
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
43120Site preparation
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.