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P.W.B.

Active
Private limited companyfounded 20187 years activeRue Haute Vaulx 12, 4960 Malmedy, BelgiumKBO/BCE: BE 0707.992.607
Summary

The computed 12-month bankruptcy probability of P.W.B. is 2.5% (moderate). The 2024 annual accounts show equity of €30,320 and a net result of €45,669. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 19,386 sector peers (NACE 68, fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Real estate appraisal on a fee or contract basis
NACE 68322Other technical testing and analysis NACE 71209
2 sites
Size
€739,384total assets 2024
Staff
1.9 FTE
Equity
€30,320
Profit
€45,669
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy probability, 12 months
2.5%
Structure
Accounts 68 days overdue0 of 2 deeds read
Why 53- Figures for FY 2024 (filed 30-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 58 days late; 1 of the last 3 late- Liquidity: current ratio 0.53, cash €2,762, halved+ Size: total assets €739,384Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Average
Solvency 29+2
equity 4.1% of total assets
Liquidity 41-8
short-term debt 25.8% · cash 0.4%
Profitability 76+21
return on assets 6.2%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.2 percentage points vs 08-2025 10-2025: 0.7%▼ -0.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.5%▲ +0.3 percentage points vs 08-2026 10-2026: 2.5%▲ +1.0 percentage point vs 09-2026highest value
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.71 in 2023; short-term debt: 25.8% and cash: 0.4% of total assets), and 95.9% of the assets are financed with debt.
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 68, micro): better than 25% on solvency, 33% on liquidity, 72% on profitability and 93% on growth.

The bankruptcy probability was computed on 06-10-2026 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 risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 30-09-2025)
NBB · annual accounts
lowers risk · Size: total assets €739,384
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 58 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.53, cash €2,762, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 19386 sector peers (2024).
NBB · sector comparison
Position among 19386 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
58 days late
2023
27 days late
2022
17 days late
2021
30 days late
2020
31 days late
2019
17 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 30 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2019net €45,669 ▲836%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: Among the best 19% on net resultsector median €4,436 · 19,372 companies €45,669 View
  • Total assets 20246 fiscal years filed €739,384 View

By topic

Financials

Fiscal year
2024
Total assets
€739,384
Profit
€45,669
Solvency
4.1%
Total assets▲ 18.3%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2020
  1. 17-08-2023Annual accounts filed
  2. 30-08-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Real estate appraisal on a fee or contract…NACE 68322
Founded
10-10-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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