NW Market
The computed 12-month bankruptcy probability of NW Market is 2.1% (moderate). The 2025 annual accounts show negative equity (€-16k) and a net result of €1k. Equity is shrinking by ~77.3% per year across the filed fiscal years. Its solvency ranks better than 19% of 1432 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-16k |
| Net result | €1k |
| Staff (FTE) | 3.6 |
| Better than sector | 19% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -10.0% | 23.5% | |
| Net result | €1k | €7k | |
| Equity | €-16k | €25k | |
| Gross operating margin | €122k | €34k | |
| Staff costs | €118k | €42k |
Show 10 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €1k |
| Cash flow | - |
| Staff costs | €118k |
| Income taxes | €332 |
| Dividends | - |
| Total assets | €154k |
| Equity | €-16k |
| Debt | €170k |
| of which ≤ 1y | €170k |
| of which > 1y | - |
| Working capital | €-16k |
| Employees (FTE) | 3.6 |
| 2025 | |
|---|---|
| Current ratio | 0.91 |
| Quick ratio | 0.54 |
| Working capital ratio | -10.0% |
| Solvency | -10.0% |
| Debt / equity | -10.95 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.8% |
| ROE | -7.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €154k |
| Current assets | 29/58 | €154k |
| Stocks & contracts in progress | 3 | €63k |
| Amounts receivable within one year | 40/41 | €51k |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €154k |
| Equity | 10/15 | €-16k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-116k |
| Amounts payable | 17/49 | €170k |
| Amounts payable within one year | 42/48 | €170k |
| Trade debts payable within one year | 44 | €123k |
| Income statement | ||
| Gross operating margin | 9900 | €122k |
| Operating result | 9901 | €4k |
| Financial income | 75 | €91 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €332 |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
-
Current14-12-2024 → present
Former directors (1)
-
Former- → 14-12-2024
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 11-08-2021 |
| Status | Active |
| Postal code | 2600 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0067/00M002 | Flanders | 87 m² | 1 · 87 m² | 14.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-12-2025 Registered office moved from Brecht to Antwerpen
- Hendrik Consciencelaan 27, 2970 Brecht → Diksmuidelaan 175, 2600 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": null,
"street": "Diksmuidelaan",
"country": "BE",
"postcode": "2600",
"box_number": null,
"street_number": "175"
},
"old_address": {
"city": "Brecht",
"region": null,
"street": "Hendrik Consciencelaan",
"country": "BE",
"postcode": "2970",
"box_number": null,
"street_number": "27"
},
"effective_date": "2025-06-12",
"evidence_quote": "wijdziging maatschappelijke zetel ... beslist om het adres van de maatschappelijke zetel van de onderneming te wijzigen van Hendrik Consciencelaan, 27 te 2970 Brecht naar Diksmuidelaan 175 te 2600 Antwerpen en dit met onmiddelijke ingang."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0772.449.107",
"name_full": "NW MARKET",
"legal_form": "BV"
}
}25-03-2025 1 director appointed, 1 resigning
- Afzal FAYZ, Bestuurder
- Afzal FAYZ, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Afzal FAYZ",
"address": null,
"birth_date": null
},
"effective_date": "2024-12-14",
"evidence_quote": "Tijdens de bijzondere algemene vergadering der aandeelhouders gehouden op 14 december2024 op de zetel van de vennootschap, werd nota genomen van het ontslag als bestuurder van de heer Afzal FAYZ. Dit ontslag werd aanvaard en zijn mandaat neemt een einde op 14 december 2024. Er wordt hem kwijting ver",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Afzal FAYZ",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "1017398257",
"name": "VOF Fayz Group",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2024-12-14",
"evidence_quote": "De algemene vergadering heeft eveneens beslist over te gaan tot benoeming van de VOF Fayz Group (ON 1017398257), vast vertegenwoordigd door de heer Afzal FAYZ (NN 86092746512), als bestuurder en dit met ingang van 14 december 2024."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0772.449.107",
"name_full": "NW MARKET",
"legal_form": "BV"
}
}31-08-2022 Registered office moved from Nieuwkerken-Waas to Brecht
- Vlasbloemstraat 3, 9100 Nieuwkerken-Waas → Hendrik Consciencelaan 27, 2970 Brecht
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Brecht",
"region": null,
"street": "Hendrik Consciencelaan",
"country": "BE",
"postcode": "2970",
"box_number": null,
"street_number": "27"
},
"old_address": {
"city": "Nieuwkerken-Waas",
"region": null,
"street": "Vlasbloemstraat",
"country": "BE",
"postcode": "9100",
"box_number": null,
"street_number": "3"
},
"effective_date": null,
"evidence_quote": "Wijziging maatschappelijke zetel ... beslist om het adres van de maatschappelijke zetel van de onderneming te wijzigen van Vlasbloemstraat, 3 te 9100 Nieuwkerken-Waas naar Hendrik Consciencelaam, 27 te 2970 Brecht en dit met ormiddelijke ingang."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0772.449.107",
"name_full": "NW MARKET",
"legal_form": "BV"
}
}13-08-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9100 Nieuwkerken-Waas, Vlasbloemstraat 3",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1986-09-27",
"name": "FAYZ Afzal",
"niss": null,
"address": "2960 Brecht, Hendrik Consciencelaan 27"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 100000,
"holder_person_name": "FAYZ Afzal",
"is_subscriber_only": false,
"n_shares_subscribed": 1000,
"amount_subscribed_eur": 100000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 100000,
"subject_company": {
"kbo": "0772.449.107",
"name_full": "NW Market",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-08-09",
"post_incorporation_mandates": []
}| Legal nameNL | NW Market |