Financials
- Financial year
- 2025
- Total assets
- €148,005
- Profit
- €59,261
- Solvency
- 51.4%
MWO
ActiveSummary
MWO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,009 and a net result of €59,261. Its solvency ranks better than 42% of 613 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Research and development on biotechnology
NACE 72101
2 sites
Size
€148,005total assets 2025
- Equity
- €76,009
- Profit
- €59,261
Turnover not published (micro format)
Why 68raises risk1 change of registered office in 24 monthsFounded in 2024lowers riskSector: Scientific research and development (NACE 72)Liquidity: current ratio 1.18, cash €23,552Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 53% of its sector peers (NACE 72, micro)
Financial strength
Strong
Solvency
76
equity 51.4% of total assets
Liquidity
46
short-term debt 48.6% · cash 15.9%
Profitability
100
return on assets 40.0%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 1.3%
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.4%▲ +0.1 percentage points vs 11-2025
01-2026: 1.6%▲ +0.2 percentage points vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.7%▲ +0.1 percentage points vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.6%▼ -0.1 percentage points vs 04-2026
06-2026: 1.7%▲ +0.1 percentage points vs 05-2026
07-2026: 1.8%▲ +0.1 percentage points vs 06-2026
08-2026: 1.8%● unchanged vs 07-2026highest value
09-2026: 0.8%▼ -1.0 percentage point vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.18, below the usual 1.5; short-term debt: 48.6% and cash: 15.9% of total assets), and 48.6% of the assets are financed with debt and provisions.
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 72, micro): better than 46% on solvency, 23% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 24-10-2026 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 riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move · Director in…
- IncorporationAppointment: WITTOCK Mathilde (administrateur non…
Key points
By topic
Board & ownership
- Board
- 1 member
- WITTOCK MathildeDirector
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Research and development on biotechnologyNACE 72101
- Founded
- 06-08-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 32
- Annual meeting
- First Wednesday of June
- Purpose
- “Recherche et développement dans le domaine des énergies renouvelables,procédés techniques…” (deed in French)
- Statutory auditor
- No statutory auditor
Key facts about MWO
- What is the company number of MWO?
- 1012.260.227. In Belgium the VAT number is the company number with BE in front: BE 1012.260.227.
- Where is MWO based?
- The registered office is at Avenue Vésale 20, 1300 Wavre.Company details
- What does MWO do?
- According to the KBO register, the main activity is research and development on biotechnology (NACE 72101).
- What is the legal form of MWO?
- Private limited company (BV).
- When was MWO founded?
- On 06-08-2024.
- Is MWO still active?
- Yes, MWO is an active enterprise in the KBO register.
- What is the turnover of MWO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is MWO profitable?
- In financial year 2025, MWO made a profit of €59,261.
- Where can I find the annual accounts of MWO?
- MWO filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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