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MoreWays

Active
Private limited companyfounded 20242 years activeBrusselstraat 51, 2018 Antwerpen, BelgiumKBO/BCE: BE 1010.675.167
Summary

MoreWays has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,771 and a net result of €4,771. Its solvency ranks better than 37% of 5,488 sector peers (NACE 81, fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
General cleaning of buildings
NACE 81210
1 site
Size
€102,717total assets 2025
Equity
€29,771
Profit
€4,771
Turnover not published (abridged schema)
Financial health
63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts 29 days early1 of 2 deeds read
Why 63- Founded in 2024- Size: total assets €102,717- Sector Services to buildings and landscape activities (NACE 81)+ Liquidity: current ratio 1.42, cash €16,561Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 81, micro)
Financial strength
Average
Solvency 54
equity 29.0% of total assets
Liquidity 33
short-term debt 69.1% · cash 16.1%
Profitability 75
return on assets 4.6%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,667 companies)
Last 24 months 07-2025: 2.0% 08-2025: 2.0%● unchanged vs 07-2025 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 2.4%▲ +0.4 percentage points vs 09-2025 11-2025: 2.5%▲ +0.1 percentage points vs 10-2025 12-2025: 2.8%▲ +0.3 percentage points vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 3.1%▲ +0.3 percentage points vs 01-2026 03-2026: 3.2%▲ +0.1 percentage points vs 02-2026 04-2026: 3.0%▼ -0.2 percentage points vs 03-2026 05-2026: 3.3%▲ +0.3 percentage points vs 04-2026 06-2026: 3.4%▲ +0.1 percentage points vs 05-2026 07-2026: 3.4%● unchanged vs 06-2026highest value 08-2026: 1.4%▼ -2.0 percentage points vs 07-2026lowest value 09-2026: 1.4%● unchanged vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.42; short-term debt: 69.1% and cash: 16.1% of total assets), and 71% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro): better than 36% on solvency, 24% on liquidity and 47% on profitability.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Founded in 2024
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.42, cash €16,561
NBB · annual accounts
raises risk · Size: total assets €102,717
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Services to buildings and landscape activities (NACE 81)
KBO
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 02-07-2026, 29 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
29 days early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. BenamingName change

Financials · fiscal year 2025, micro schema

Equity
€29,771
Total assets
€102,717
Net result
€4,771
Working capital
€30,077

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €102,717
Fixed assets €1,647
Current assets €101,071
Equity and liabilities €102,717
Equity €29,771
Debt €72,947
Debt finances 71.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€8,530
Cash flow
€4,969
Current ratio
1.42
Debt to equity
2.45
ROE
16.0%
ROA
4.6%
Interest coverage
17.61
Debt ≤ 1 year
€70,993
Debt > 1 year
€1,953
Income taxes
€3,097
Staff costs
€110,362

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€102,717
Fixed assets21/28€1,647
Tangible fixed assets22/27€1,647
Furniture and vehicles24€1,647
Current assets29/58€101,071
Amounts receivable within one year40/41€79,349
Trade receivables40€62,261
Other amounts receivable41€17,088
Cash at bank and in hand54/58€16,561
Deferred charges and accrued income490/1€5,161
Equity and liabilities
Total equity and liabilities10/49€102,717
Equity10/15€29,771
Contributions10/11€25,000
Profit (loss) carried forward14€4,771
Amounts payable17/49€72,947
Amounts payable after more than one year17€1,953
Financial debts170/4€1,953
Amounts payable within one year42/48€70,993
Current portion of amounts payable after more than one year42€1,250
Trade debts44€43,524
Suppliers440/4€43,524
Taxes, remuneration and social security45€24,023
Taxes450/3€4,728
Remuneration and social security454/9€19,295
Other amounts payable47/48€2,196
Income statement Code2025
Remuneration, social security and pensions62€110,362
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€198
Other operating charges640/8€2,903
Gross operating margin9900€121,795
Operating profit (loss)9901€8,332
Financial income75/76B€21
Recurring financial income75€21
Financial charges65/66B€484
Recurring financial charges65€484
Profit (loss) for the period before taxes9903€7,868
Income taxes67/77€3,097
Profit (loss) for the period9904€4,771
Profit (loss) for the period to be appropriated9905€4,771
Appropriation of the result
Profit (loss) to be appropriated9906€4,771

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€110,362
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€198
Other operating charges640/8€2,903
Gross operating margin9900€121,795
Operating profit (loss)9901€8,332
Financial income75/76B€21
Recurring financial income75€21
Financial charges65/66B€484
Recurring financial charges65€484
Profit (loss) for the period before taxes9903€7,868
Income taxes67/77€3,097
Profit (loss) for the period9904€4,771
Profit (loss) for the period to be appropriated9905€4,771
Line2025
Assets
Total assets20/58€102,717
Fixed assets21/28€1,647
Tangible fixed assets22/27€1,647
Furniture and vehicles24€1,647
Current assets29/58€101,071
Amounts receivable within one year40/41€79,349
Trade receivables40€62,261
Other amounts receivable41€17,088
Cash at bank and in hand54/58€16,561
Deferred charges and accrued income490/1€5,161
Equity and liabilities
Total equity and liabilities10/49€102,717
Equity10/15€29,771
Contributions10/11€25,000
Profit (loss) carried forward14€4,771
Amounts payable17/49€72,947
Amounts payable after more than one year17€1,953
Financial debts170/4€1,953
Amounts payable within one year42/48€70,993
Current portion of amounts payable after more than one year42€1,250
Trade debts44€43,524
Suppliers440/4€43,524
Taxes, remuneration and social security45€24,023
Taxes450/3€4,728
Remuneration and social security454/9€19,295
Other amounts payable47/48€2,196
Line2025
Profit (loss) for the period9904€4,771
+ Depreciation and write-downs630€198
Operating cash flow (approximation)€4,969

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 24 June 2024, MoreWays was incorporated as a Private limited company.1 Since 2026 the company has been called MoreWays.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 27-02-2026
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
27-02
State Gazette act Benaming
Name change2 facts ▸
  • General meeting, 17-02-2026
  • Name change, MoreWays
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded24-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
43350Other building finishing work
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010675167
Also 9925:BE1010675167
Registered 21-09-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 8 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
261 m²
Building footprint
261 m²
Volume, LiDAR
4,112 m³
Parcel 11811L3838/00N000, Flanders · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
236 companies at this address See who is registered here
1 establishment unit
BUSY BEES ANTWERP
Brusselstraat 51, 2018 AntwerpenSpecialised construction activities
since 2024unit no. 2.361.757.681
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3838/00N000 Flanders 261 m² 1 · 261 m² 22.5 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Name clauseThe name the company operates under according to its articles.
MoreWays
Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
Besloten vennootschap

Read from the deeds: 2 provisions, deed of 27-02-2026