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MYWELL

Active
Private limited companyfounded 2020active for 5 yearsHensbergelei 89, 2930 Brasschaat, BelgiumKBO/BCE: BE 0758.496.646
Summary

The computed 12-month bankruptcy probability of MYWELL is 1.8% (moderate). The 2025 annual accounts show negative equity (-€29,948) and a net result of €14,587. Equity is shrinking by about 25% per year across the filed financial years. Its solvency ranks better than 5% of 9,760 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€139,701total assets 2025
Equity
-€29,948
Profit
€14,587
Turnover not published (abbreviated or micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Accounts 3 days early0 of 1 deed read
Why 54raises riskFounded in 2020Sector: Specialised construction activities (NACE 43)Negative equity -€29,948lowers riskSize: total assets €139,701Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 4+4
equity -21.4% of total assets
Liquidity 4-5
short-term debt 121.4% · cash 3.5%
Profitability 82+26
return on assets 10.4%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 11-2024: 3.3% 12-2024: 3.3%● unchanged vs 11-2024 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.4%▲ +0.1 percentage points vs 01-2025 03-2025: 3.4%● unchanged vs 02-2025 04-2025: 3.4%● unchanged vs 03-2025highest value 05-2025: 2.5%▼ -0.9 percentage points vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.5%● unchanged vs 06-2025 08-2025: 2.5%● unchanged vs 07-2025 09-2025: 2.4%▼ -0.1 percentage points vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.3%▼ -0.1 percentage points vs 10-2025 12-2025: 2.2%▼ -0.1 percentage points vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.3%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%▼ -0.3 percentage points vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 1.9%▼ -0.1 percentage points vs 06-2026 08-2026: 1.9%● unchanged vs 07-2026 09-2026: 1.9%● unchanged vs 08-2026 10-2026: 1.8%▼ -0.1 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.24, compared with 0.14 in 2024, below 1; short-term debt: 121.4% and cash: 3.5% of total assets), and equity is negative.
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 43, micro): better than 5% on solvency, 4% on liquidity, 63% on profitability and 76% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €139,701
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€29,948
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9760 sector peers (2025).
NBB · sector comparison
Position among 9760 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
3 days early
2024
5 days early
2023
4 days early
2022
3 days early
2021
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 3 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end21-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €14,587
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€29,948 View
  • Caution: Among the weakest 5% on solvencysector median 44.1% · 9,760 companies -21.4% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€139,701
Profit
€14,587
Solvency
-21.4%
Total assets▼ 4.1%
Net result
20212025
Go to Financials

Timeline

Events
6
Since
2022
Next accounts
by 30-04-2027
  1. 26-04-2024Annual accounts filed
  2. 27-04-2023Annual accounts filed
  3. 28-04-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
17-11-2020
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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