M.W.S. is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €888k and a net result of €-21k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 16% of 5498 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 5498 sector peers (2025).
NBB · sector comparisonPosition among 5498 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
9 d early
2023
20 d late
2022
on the day
2021
58 d late
2020
89 d late
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€888k▲ 332%
2024 · €206k
2018: €136k
2019: €155k
2020: €158k
2021: €179k
2022: €194k
2023: €202k
2024: €206k
2018 → 2025
Net result
€-21k
2024 · €4k
2018: €14k
2019: €19k
2020: €3k
2021: €22k
2022: €15k
2023: €7k
2024: €4k
2018 → 2025
Total assets
€6.49M▲ 28.0%
2024 · €5.07M
2018: €2.26M
2019: €2.28M
2020: €2.59M
2021: €2.92M
2022: €3.91M
2023: €3.79M
2024: €5.07M
2018 → 2025
Solvency
13.7%▲ 9.6pp
2024 · 4.1%
2018: 6.0%
2019: 6.8%
2020: 6.1%
2021: 6.1%
2022: 5.0%
2023: 5.3%
2024: 4.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€179k-€194k▲ 8.3%€202k▲ 3.8%€206k▲ 2.1%€888k▲ 332%
Operating result€922-€3k▲ 187%€-28k€-44k▼ 55.4%€-20k▲ 55.3%
Net result€22k-€15k▼ 31.4%€7k▼ 50.7%€4k▼ 42.3%€-21k
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 stays negative: a loss of €20k in 2025 against €44k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.49M
Fixed assets
€4.94M▲ 31.5%
Current assets
€1.55M▲ 18.0%
Equity and liabilities €6.49M
Equity
€888k▲ 332%
Debt
€5.60M▲ 15.2%
The debt ratio falls from 95.9% to 86.3%. Equity and debt are higher.
Key figures and ratios
Solvency
13.7%▲
2024 · 4.1%
ROE
-2.4%▼
2024 · 2.1%
ROA
-0.3%▼
2024 · 0.1%
Debt
€5.60M▲
2024 · €4.86M
Debt ≤ 1 year
€4.36M▲
2024 · €3.63M
Debt > 1 year
€1.22M▼
2024 · €1.23M
Income taxes
€-12k▼
2024 · €232
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€5.07M€6.49M▲
Fixed assets21/28€3.76M€4.94M▲
Tangible fixed assets22/27€3.74M€4.93M▲
Land and buildings22€3.59M€4.24M▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€151k€151k=
Assets under construction and advance payments27-€535k
Financial fixed assets28€19k€19k=
Current assets29/58€1.31M€1.55M▲
Amounts receivable after more than one year29€1.03M€983k▼
Trade receivables290€1.03M€983k▼
Amounts receivable within one year40/41€40k€84k▲
Trade receivables40€18k€14k▼
Other amounts receivable41€22k€70k▲
Cash at bank and in hand54/58€99k€287k▲
Deferred charges and accrued income490/1€138k€192k▲
Equity and liabilities
Total equity and liabilities10/49€5.07M€6.49M▲
Equity10/15€206k€888k▲
Contributions10/11€119k€823k▲
Reserves13€87k€66k▼
Distributable reserves133€87k€66k▼
Amounts payable17/49€4.86M€5.60M▲
Amounts payable after more than one year17€1.23M€1.22M▼
Financial debts170/4€1.23M€1.22M▼
Amounts payable within one year42/48€3.63M€4.36M▲
Current portion of amounts payable after more than one year42€20k€21k▲
Financial debts43-€750k
Other loans439-€750k
Trade debts44€21k€3k▼
Suppliers440/4€21k€3k▼
Advances received on contracts in progress46€1k€0▼
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€776€6k▲
Remuneration and social security454/9€350€0▼
Other amounts payable47/48€3.58M€3.58M▼
Accrued charges and deferred income492/3-€28k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€54k▲
Other operating charges640/8€6k€18k▲
Gross operating margin9900€-1k€52k▲
Operating profit (loss)9901€-44k€-20k▲
Financial income75/76B€61k€54k▼
Recurring financial income75€61k€54k▼
Financial charges65/66B€12k€68k▲
Recurring financial charges65€12k€68k▲
Profit (loss) for the period before taxes9903€4k€-34k▼
Income taxes67/77€232€-12k▼
Profit (loss) for the period9904€4k€-21k▼
Profit (loss) for the period to be appropriated9905€4k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-21k▼
Transfer from equity791/2-€21k
Transfer to equity691/2€4k€0▼
To other reserves6921€4k€0▼
The notes to these accounts (15 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
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-21k ▼605%
Net result drops to €-21k, the lowest in the series.
31-12
Financial
Equity above €500kEq €888k ▲332%
Equity rises from €206k to €888k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial
Equity above €200kEq €202k ▲3.8%
6 profitable years in a row build equity to €202k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 58 days late
2021
31-12
Financial
Highest result since 2018net €22k ▲695%
Net result €22k, the highest in the series.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €155k ▲14.2%
2 profitable years in a row build equity to €155k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dilsen-Stokkem · 1 establishment unit since 2006
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.
Kruisveldstraat 783650 Dilsen-StokkemGround area
5,141 m²
Building footprint
584 m²
Volume, LiDAR
2,346 m³
2 parcels, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
M.W.S.
since 20062.157.084.812
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72007A0680/00B000 | Flanders | 3,002 m² | 1 · 390 m² | 8.3 m · 1 fl. |
| 72007A0517/00B000 | Flanders | 2,139 m² | 1 · 195 m² | 6.7 m · 1 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.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,747. 12,940 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-2006
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.