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MWA

Inactive
KBO/BCE: BE 0877.518.022

MWA was declared bankrupt on 07-05-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 20-10-2025.

No longer registered with the KBO; last annual accounts for fiscal year 2020.

Signals

Four signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 07-10-2021, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
68 d late
2018
16 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▲ 14.3%
2018 · €60k
2018: €60k
2018 → 2020
Total assets
€78k▲ 6.0%
2018 · €73k
2018: €73k
2018 → 2020
Net result
€8k▼ 18.9%
2018 · €10k
2018: €10k
2018 → 2020
Working capital
€67k▼ 2.7%
2018 · €69k
2018: €69k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182020Trend
Equity€60k-€68k▲ 14.3%
Operating result€13k-€9k▼ 33.4%
Net result€10k-€8k▼ 18.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2018: €13k€13kNet result 2018: €10k€10kOperating result 2020: €9k€9kNet result 2020: €8k€8k20182020
The operating result is €9k in 2020, compared with €13k in 2018. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2020 in colour, 2018 as the grey bar beneath
Assets €78k
Fixed assets €1k=
Current assets €77k▲ 6.1%
Equity and liabilities €78k
Equity €68k▲ 14.3%
Debt €9k▼ 30.7%
The debt ratio falls from 18.6% to 12.2%. Equity is higher and debt is lower.
Key figures and ratios
2020 value · change against 2018
Solvency
87.8%
2018 · 81.4%
Current ratio
8.26
2018 · 24.12
Quick ratio
7.96
2018 · 23.08
ROE
11.6%
2018 · 16.4%
ROA
10.2%
2018 · 13.4%
Debt
€9k
2018 · €14k
Debt ≤ 1 year
€9k
2018 · €3k
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 2018
Balance sheet Code20182020
Assets
Total assets20/58€73k€78k
Fixed assets21/28€1k€1k=
Financial fixed assets28€1k€1k=
Current assets29/58€72k€77k
Stocks and contracts in progress3€3k€3k
Amounts receivable within one year40/41€50k€69k
Cash at bank and in hand54/58€7k€4k
Equity and liabilities
Total equity and liabilities10/49€73k€78k
Equity10/15€60k€68k
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€39k€48k
Amounts payable17/49€14k€9k
Amounts payable within one year42/48€3k€9k
Trade debts44€606€5k
Income statement Code20182020
Gross operating margin9900€14k€14k
Operating profit (loss)9901€13k€9k
Recurring financial charges65€1k€903
Profit (loss) for the period before taxes9903€12k€8k
Income taxes67/77€2k-
Profit (loss) for the period9904€10k€8k
Profit (loss) for the period to be appropriated9905€10k€8k

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Timeline · acts, filings and financial milestones

2025
20-10
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MWA BV BREDABAAN 352, 2170 MERKSEM (ANTWERPEN) · event 14-10-2025
2024
14-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MWA BV BREDABAAN 352, 2170 MERKSEM (ANTWERPEN) · event 07-05-2024
2021
07-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 68 days late
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
02-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
19-05
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
10-06
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
04-06
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
11-10
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 72 days late
SignalNBB filing

Directors · office · real estate

Directors
8 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
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator GUY VANHOUCKE
ANSELMOSTRAAT 2, 2018 ANTWERPEN 1
07-05-2024 → present