NAW GROUP
ActiveThe computed 12-month bankruptcy probability of NAW GROUP is 7.4% (elevated). The 2025 annual accounts show equity of €11k and a net result of €2k. Its solvency ranks better than 59% of 4575 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-12
Solvency73▲+22
Growth68
Track record82
Bankruptcy probability, 12 months
7.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.27 against 0.54 in 2024; short-term debt: 50% and cash: 11.7% of total assets), and 51.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
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. 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
28 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€40k▲ 44.9%
2024 · €28k
2024: €28k
2024 → 2025
EBIT margin
7.0%▼ 35.0pp
2024 · 42.0%
2024: 42.0%
2024 → 2025
Net result
€2k▼ 77.7%
2024 · €8k
2024: €8k
2024 → 2025
Working capital
€-8k▲ 32.4%
2024 · €-13k
2024: €-13k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€28k-€40k▲ 44.9%
Equity€9k-€11k▲ 19.9%
Operating result€12k-€3k▼ 75.9%
Net result€8k-€2k▼ 77.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€20k▼ 8.3%
Current assets
€3k▼ 78.6%
Equity and liabilities €23k
Equity
€11k▲ 19.9%
Debt
€12k▼ 55.7%
The debt ratio falls from 74.4% to 51.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2024 · €15k
Cash flow
€17k▲
2024 · €11k
Solvency
48.3%▲
2024 · 25.6%
Current ratio
0.27▼
2024 · 0.54
Quick ratio
0.27▼
2024 · 0.54
Debt / equity
1.07▼
2024 · 2.91
ROE
16.6%▼
2024 · 89.3%
ROA
8.0%▼
2024 · 22.9%
Interest coverage
55.36▲
2024 · 28.70
Debt
€12k▼
2024 · €27k
Debt ≤ 1 year
€12k▼
2024 · €27k
Income taxes
€619▼
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€36k€23k▼
Fixed assets21/28€22k€20k▼
Tangible fixed assets22/27€22k€20k▼
Furniture and vehicles24€22k€20k▼
Financial fixed assets28€210€210=
Current assets29/58€15k€3k▼
Amounts receivable within one year40/41€217€419▲
Trade receivables40-€419
Other amounts receivable41€217-
Cash at bank and in hand54/58€14k€3k▼
Deferred charges and accrued income490/1€772-
Equity and liabilities
Total equity and liabilities10/49€36k€23k▼
Equity10/15€9k€11k▲
Contributions10/11€1k€1k=
Capital10€1k-
Issued capital100€1k-
Profit (loss) carried forward14€8k€10k▲
Amounts payable17/49€27k€12k▼
Amounts payable within one year42/48€27k€12k▼
Trade debts44€133€742▲
Suppliers440/4€133€742▲
Advances received on contracts in progress46-€445
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€23k€6k▼
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Turnover70€28k€40k▲
Goods, raw materials, services and sundry goods60/61€13k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€15k▲
Other operating charges640/8€387€400▲
Non-recurring operating charges66A-€974
Gross operating margin9900€15k€19k▲
Operating profit (loss)9901€12k€3k▼
Financial charges65/66B€514€323▼
Recurring financial charges65€514€323▼
Profit (loss) for the period before taxes9903€11k€2k▼
Income taxes67/77€3k€619▼
Profit (loss) for the period9904€8k€2k▼
Profit (loss) for the period to be appropriated9905€8k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€10k▲
Profit (loss) brought forward from the previous period14P-€8k
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
Directors · office · real estate
Directors
2 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, Brussel · 2 establishment units since 2024
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.
Louizalaan 2511050 BrusselGround area
1,914 m²
Building footprint
1,651 m²
Volume, LiDAR
46,971 m³
2 parcels, Brussels, Flanders · tallest building 46.6 m, ±13 floors. Linked by address, not a title deed.
2 establishment units
NAW GROUP
since 20242.355.123.475
NAW GROUP
since 20252.368.698.527
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0135/00T003 | Brussels | 1,574 m² | 1 · 1,579 m² | 46.6 m · 13 fl. |
| 23413H0008/00C021 | Flanders | 340 m² | 1 · 72 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 962 companies in sector 49310 we hold annual accounts for 487. 327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2024
Fiscal year end31-12
Activities, NACEBEL
49310Scheduled passenger transport by road
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info.nawgroup@gmail.com