PAWK
ActivePAWK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €-8k. Equity is shrinking by ~75% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 49% of 2768 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
60
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency90▼-10
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 2.97 in 2024), and 38.9% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.1%
Return on assets
-48.6%
Age of the figures
17 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€8k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-12-2025, 61 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 · 10 filingsDeviation from the deadline
2025
61 d late
2024
2 d late
2023
on the day
2022
3 d late
2021
15 d late
2020
on the day
2019
148 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close04-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 44.3%
2024 · €19k
2023: €39k
2024: €19k
2023 → 2025
Total assets
€17k▼ 27.0%
2024 · €24k
2023: €79k
2024: €24k
2023 → 2025
Net result
€-8k▲ 58.1%
2024 · €-20k
2023: €5k
2024: €-20k
2023 → 2025
Working capital
€4k▼ 53.2%
2024 · €9k
2023: €11k
2024: €9k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€39k-€19k▼ 51.4%€11k▼ 44.3%
Operating result€6k-€-20k€-8k▲ 58.3%
Net result€5k-€-20k€-8k▲ 58.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €20k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17k
Fixed assets
€7k▼ 39.2%
Current assets
€11k▼ 16.7%
Equity and liabilities €17k
Equity
€11k▼ 44.3%
Debt
€7k▲ 42.6%
The debt ratio rises from 19.9% to 38.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-7k▲
2024 · €-17k
Cash flow
€-7k▲
2024 · €-17k
Solvency
61.1%▼
2024 · 80.1%
Current ratio
1.59▼
2024 · 2.97
Quick ratio
1.59▼
2024 · 2.97
Debt / equity
0.64▲
2024 · 0.25
ROE
-79.5%▲
2024 · -105.6%
ROA
-48.6%▲
2024 · -84.6%
Interest coverage
-42.01▲
2024 · -53.07
Debt
€7k▲
2024 · €5k
Debt ≤ 1 year
€7k▲
2024 · €4k
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
Total assets
20/58€24k€17k▼
Fixed assets
21/28€11k€7k▼
Tangible fixed assets
22/27€11k€7k▼
Current assets
29/58€13k€11k▼
Amounts receivable within one year
40/41€4k€685▼
Cash & bank
54/58€8k€10k▲
Total equity & liabilities
10/49€24k€17k▼
Equity
10/15€19k€11k▼
Contributions / capital
10/11€19k€19k=
Reserves
13€23k€23k=
Accumulated profits (losses)
14€-23k€-31k▼
Amounts payable
17/49€5k€7k▲
Amounts payable within one year
42/48€4k€7k▲
Trade debts payable within one year
44€4k€3k▼
Income statement
Code20242025
Gross operating margin
9900€-17k€-2k▲
Operating result
9901€-20k€-8k▲
Financial income
75€20-
Financial charges
65€321€169▼
Result before taxes
9903€-20k€-8k▲
Net result for the period
9904€-20k€-8k▲
Result to be appropriated
9905€-20k€-8k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 61 days late
2024
02-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet €-20k ▼475%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 2.97
Current ratio from 1.28 to 2.97; short-term debt falls from €39k to €4k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 148 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 76 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
Chaloma
BE 0809.043.940
Lokeren · Eq €11k
Tyrecs
BE 0800.281.870
Orp-Jauche · Eq €11k
AMPLA
BE 0789.718.570
Leopoldsburg · Eq €11k
EXECUTXR
BE 0795.289.439
Brussel · Eq €11k
JS IT
BE 1007.719.340
Zonhoven · Eq €11k
Of 29,953 companies in sector 62200 we hold annual accounts for 17,819. 9,350 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2009
Fiscal year end31-03
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
43222Installation of electric heating, air conditioning, cooling and ventilation
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 10-08-2026. Scores and ratios are computed by Checked and are not a credit decision.