NWS Belgium

Active

Private limited companyfounded 2013active for 13 yearsChaussée d'Enghien 501, 7060 Soignies, BelgiumKBO/BCE: BE 0502.539.776

Summary

The computed 12-month bankruptcy probability of NWS Belgium is 1.6% (moderate). The 2024 annual accounts show equity of €104,551 and a net result of €14,741. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 27% of 283 sector peers (NACE 13, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

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NWS BelgiumActiveChecked score 54/100

Risk analysis Report Compare

Activity

Manufacture of textiles

NACE 13990

1 site

Size

€602,101total assets 2024

Equity: €104,551
Profit: €14,741

Financial health

54 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 1.6%

Structure

2025 accounts not filed, 86 days past the deadline1 of 4 deeds summarised

Why 54raises riskFigures for financial year 2024 (filed 10-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 3 of the last 3 lateLiquidity: current ratio 1.13, cash €11,543, halvedlowers riskSize: total assets €602,101Show the evidence

Checked score

Score 2024

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 30% of its sector peers (NACE 13, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 42-13

equity 17.4% of total assets

Liquidity 7-15

short-term debt 82.6% · cash 1.9%

Profitability 72-3

return on assets 2.4%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (494 companies, NACE 13, micro)

Last 24 months 11-2024: 4.8%highest value 12-2024: 0.8%▼ -4.0 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.3 percentage points vs 07-2025 09-2025: 1.3%▲ +0.1 percentage points vs 08-2025 10-2025: 1.8%▲ +0.5 percentage points vs 09-2025 11-2025: 0.6%▼ -1.2 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026lowest value 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.6%▲ +0.4 percentage points vs 09-2026

Credit of up to €5,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.13, compared with 1.23 in 2023, below the usual 1.5; short-term debt: 82.6% and cash: 1.9% of total assets), and 82.6% 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 13, micro): better than 25% on solvency, 8% on liquidity, 51% on profitability and 38% on growth.

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

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed 10-10-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 3 of the last 3 late

NBB · filings

Size: total assets €602,101

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 1.13, cash €11,543, halved

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline25-10-2026 today

2024 accounts filed 69 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 10 filings

Deviation from the deadline

2025

not filed

2024

69 days late

2023

111 days late

2022

462 days late

2021

85 days late

2020

90 days late

2019

291 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 185 days after the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

08-10-2025 Annual accounts filedfinancial year 2024 · micro…
03-01-2025 Legal-form change · Resignations & appointmentsCapital conversion · Reserve release…
19-11-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
Positive: 7 profitable years in a rowprofit 2024: €14,741 7 years View
Among the largest 15% on total assetssector median €158,463 · 283 companies €602,101 View

By topic

Financials

Financial year: 2024
Total assets: €602,101
Profit: €14,741
Solvency: 17.4%

Go to Financials

Timeline

Events: 15
Since: 2015

04-11-2024Annual accounts filed
31-12-2023Highest result from 2018 to 2024
31-12-2023Equity above €100,000

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of textilesNACE 13990
Founded: 16-01-2013
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 14

Annual meeting: Last Friday of May at 17:00
Purpose: “L’importation,l’exportation,la fabrication,la distribution,le commerce de gros et de…” (deed in French)

Go to Articles of association

Key facts about NWS Belgium

What is the company number of NWS Belgium?: 0502.539.776. In Belgium the VAT number is the company number with BE in front: BE 0502.539.776.
Where is NWS Belgium based?: The registered office is at Chaussée d'Enghien 501, 7060 Soignies.Company details
What does NWS Belgium do?: According to the KBO register, the main activity is manufacture of textiles (NACE 13990).
What is the legal form of NWS Belgium?: Private limited company (BV).
When was NWS Belgium founded?: On 16-01-2013.
Is NWS Belgium still active?: Yes, NWS Belgium is an active enterprise in the KBO register.
What is the turnover of NWS Belgium?: €1.1m in financial year 2019, according to the filed annual accounts.Financials
Is NWS Belgium profitable?: In financial year 2024, NWS Belgium made a profit of €14,741.
Where can I find the annual accounts of NWS Belgium?: NWS Belgium filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.