MW & D PROJECTS
ActiveMW & D PROJECTS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €8k. Equity is growing by ~36.5% per year across the filed fiscal years. Its solvency ranks better than 72% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+52
Solvency100▲+6
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.35 against 4.8 in 2024), and 30.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.3%
Return on assets
12.5%
Age of the figures
8 mo
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 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
115 d early
2024
49 d early
2023
56 d late
2022
29 d late
2021
60 d late
2020
26 d late
2019
90 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▲ 22.1%
2024 · €37k
2018: €-27k
2019: €-26k
2020: €-6k
2021: €12k
2022: €32k
2023: €34k
2024: €37k
2018 → 2025
Total assets
€64k▼ 13.5%
2024 · €74k
2018: €52k
2019: €57k
2020: €93k
2021: €85k
2022: €100k
2023: €87k
2024: €74k
2018 → 2025
Net result
€8k▲ 181%
2024 · €3k
2018: €5k
2019: €1k
2020: €19k
2021: €19k
2022: €19k
2023: €2k
2024: €3k
2018 → 2025
Working capital
€43k▼ 23.9%
2024 · €57k
2018: €31k
2019: €34k
2020: €54k
2021: €52k
2022: €58k
2023: €51k
2024: €57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€32k▲ 156%€34k▲ 6.1%€37k▲ 8.5%€45k▲ 22.1%
Operating result€19k-€21k▲ 10.5%€3k▼ 87.4%€4k▲ 52.3%€11k▲ 175%
Net result€19k-€19k▲ 3.0%€2k▼ 90.1%€3k▲ 49.4%€8k▲ 181%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 175% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€3k▲ 2.6%
Current assets
€61k▼ 14.2%
Equity and liabilities €64k
Equity
€45k▲ 22.1%
Debt
€20k▼ 47.8%
The debt ratio falls from 50.9% to 30.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€13k▲
2024 · €8k
Cash flow
€10k▲
2024 · €6k
Solvency
69.3%▲
2024 · 49.1%
Current ratio
3.35▼
2024 · 4.80
Quick ratio
3.35▼
2024 · 4.80
Debt / equity
0.44▼
2024 · 1.04
ROE
18.1%▲
2024 · 7.9%
ROA
12.5%▲
2024 · 3.9%
Interest coverage
117.94▼
2024 · 182.11
Debt
€20k▼
2024 · €38k
Debt ≤ 1 year
€18k▲
2024 · €15k
Debt > 1 year
€20▼
2024 · €22k
Income taxes
€3k▲
2024 · €1k
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€74k€64k▼
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€2k€0▼
Current assets29/58€71k€61k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€17k€9k▼
Trade receivables40€17k€7k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€55k€52k▼
Deferred charges and accrued income490/1€14€333▲
Equity and liabilities
Total equity and liabilities10/49€74k€64k▼
Equity10/15€37k€45k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€18k€26k▲
Amounts payable17/49€38k€20k▼
Amounts payable after more than one year17€22k€20▼
Financial debts170/4€22k€0▼
Other amounts payable178/9€20€20=
Amounts payable within one year42/48€15k€18k▲
Trade debts44€0€730▲
Suppliers440/4€0€730▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k€1k▼
Other amounts payable47/48€10k€16k▲
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€30k€0▼
Other operating charges640/8€867€703▼
Gross operating margin9900€39k€14k▼
Operating profit (loss)9901€4k€11k▲
Financial income75/76B-€43
Recurring financial income75-€43
Financial charges65/66B€42€114▲
Recurring financial charges65€42€114▲
Profit (loss) for the period before taxes9903€4k€11k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€3k€8k▲
Profit (loss) for the period to be appropriated9905€3k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€26k▲
Profit (loss) brought forward from the previous period14P€15k€18k▲
The notes to these accounts (6 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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €19k ▲3%
Operating result €21k, net result €19k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €1k ▼75.3%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 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, Stekene · 1 establishment unit since 2008
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.
Rodehoekstraat(KLS) 159190 StekeneGround area
991 m²
Building footprint
138 m²
Volume, LiDAR
751 m³
Parcel 46324E0520/00G003, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zuiderlei Interiors
since 20082.174.018.735
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46324E0520/00G003 | Flanders | 991 m² | 1 · 138 m² | 8.1 m · 2 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
LARA HOME
BE 0775.525.193
Sint-Jans-Molenbeek · Eq €43k
CT&M
BE 0842.856.160
Zottegem · Eq €46k
HEUGHEBAERT OLIVIER
BE 0821.855.561
Comines-Warneton · Eq €47k
CLYMAX
BE 0568.633.992
Deinze · Eq €47k
Arves Europe
BE 0778.280.587
Gent · Eq €47k
Of 332 companies in sector 46471 we hold annual accounts for 188. 128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2008
Fiscal year end31-12
Activities, NACEBEL
46471Wholesale trade
46150Agents in the wholesale of furniture, household goods and hardware
47551Retail sale of household furniture
47591Retail trade
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.