PW Consult
ActiveSummary
PW Consult has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€245,093) and a net result of €6,057. Equity is shrinking by ~3.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▼-15
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 31.25 against 99.46 in 2023; short-term debt: 3.2% and cash: 13% of total assets), but equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-328.4%
Return on assets
8.1%
Age of the figures
21 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
25 d late
2023
30 d late
2022
31 d late
2021
24 d late
2020
31 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 25 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Equity
-€245,093▲ 2.4%
2023 · -€251,150
Total assets
€74,628▼ 1.3%
2023 · €75,578
Net result
€6,057▼ 64.5%
2023 · €17,059
Working capital
€71,321▼ 4.7%
2023 · €74,818
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€12,804▲ 20.1%-€5,917▲ 53.8%-€8,325▼ 40.7%€17,380€6,161▼ 64.5%
Net result-€17,509below the sector's middle half▲ 18.4%-€10,204below the sector's middle half▲ 41.7%-€13,612below the sector's middle half▼ 33.4%€17,059within the sector's middle half€6,057within the sector's middle half▼ 64.5%
Equity-€244,393below the sector's middle half▼ 7.7%-€254,597below the sector's middle half▼ 4.2%-€268,209below the sector's middle half▼ 5.3%-€251,150below the sector's middle half▲ 6.4%-€245,093below the sector's middle half▲ 2.4%
Total assets€87,755within the sector's middle half▼ 25.8%€76,475within the sector's middle half▼ 12.9%€77,489within the sector's middle half▲ 1.3%€75,578within the sector's middle half▼ 2.5%€74,628within the sector's middle half▼ 1.3%
Debt€332,148▼ 3.8%€331,072▼ 0.3%€345,698▲ 4.4%€326,728▼ 5.5%€319,721▼ 2.1%
Working capital€69,116within the sector's middle half▼ 12.6%€58,747within the sector's middle half▼ 15.0%€75,868within the sector's middle half▲ 29.1%€74,818within the sector's middle half▼ 1.4%€71,321within the sector's middle half▼ 4.7%
Solvency-278.5%below the sector's middle half▼ 86.7pp-332.9%below the sector's middle half▼ 54.4pp-346.1%below the sector's middle half▼ 13.2pp-332.3%below the sector's middle half▲ 13.8pp-328.4%below the sector's middle half▲ 3.9pp
Current ratio5.58above the sector's middle half▼ 0.434.31above the sector's middle half▼ 1.2647.82above the sector's middle half▲ 43.5099.46above the sector's middle half▲ 51.6531.25above the sector's middle half▼ 68.21
Return on assets (ROA)-20.0%below the sector's middle half▼ 1.8pp-13.3%below the sector's middle half▲ 6.6pp-17.6%below the sector's middle half▼ 4.2pp22.6%above the sector's middle half▲ 40.1pp8.1%within the sector's middle half▼ 14.5pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 65% below 2023.
Balance-sheet composition
Assets €74,628
Fixed assets
€949
Current assets
€73,679
Equity and liabilities
Equity-€245,093
Debt€319,721
Equity is negative: debt (€319,721) exceeds the balance-sheet total (€74,628).
Key figures and ratios
EBITDA
€6,162
Cash flow
€6,058
Interest coverage
61.93
Debt ≤ 1 year
€2,358▲
2023 · €760
Debt > 1 year
€317,363▼
2023 · €325,968
Income taxes
€4▼
2023 · €67
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,777 | €3,541 | - | - | €1 | - |
| Other operating charges640/8 | - | €689 | - | €384 | €1,286 | ▲ 234% |
| Non-recurring operating charges66A | - | - | €0 | - | - | - |
| Gross operating margin9900 | €7,004 | -€1,688 | -€8,325 | €17,764 | €7,448 | ▼ 58.1% |
| Operating profit (loss)9901 | -€12,804 | -€5,917 | -€8,325 | €17,380 | €6,161 | ▼ 64.5% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | - | - | €1 | - | - | - |
| Financial charges65/66B | - | €4,163 | €5,287 | €254 | €100 | ▼ 60.8% |
| Recurring financial charges65 | €4,705 | €4,163 | €5,287 | €254 | €100 | ▼ 60.8% |
| Profit (loss) for the period before taxes9903 | -€17,509 | -€10,080 | -€13,612 | €17,126 | €6,062 | ▼ 64.6% |
| Income taxes67/77 | - | €124 | - | €67 | €4 | ▼ 93.4% |
| Profit (loss) for the period9904 | -€17,509 | -€10,204 | -€13,612 | €17,059 | €6,057 | ▼ 64.5% |
| Profit (loss) for the period to be appropriated9905 | -€17,509 | -€10,204 | -€13,612 | €17,059 | €6,057 | ▼ 64.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,755 | €76,475 | €77,489 | €75,578 | €74,628 | ▼ 1.3% |
| Formation expenses20 | €0 | €0 | €0 | €0 | - | - |
| Fixed assets21/28 | €3,541 | €0 | €0 | €0 | €949 | - |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €3,541 | €0 | €0 | €0 | €949 | - |
| Land and buildings22 | - | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | €0 | - | - | - | - |
| Furniture and vehicles24 | - | €0 | €0 | €0 | - | - |
| Other tangible fixed assets26 | - | €0 | - | - | €949 | - |
| Current assets29/58 | €84,214 | €76,475 | €77,489 | €75,578 | €73,679 | ▼ 2.5% |
| Amounts receivable within one year40/41 | €77,127 | €73,710 | €76,496 | €64,338 | €63,942 | ▼ 0.6% |
| Trade receivables40 | - | €72,102 | €72,550 | €60,530 | €61,831 | ▲ 2.1% |
| Other amounts receivable41 | - | €1,608 | €3,946 | €3,808 | €2,111 | ▼ 44.6% |
| Cash at bank and in hand54/58 | €6,714 | €2,764 | €993 | €11,240 | €9,737 | ▼ 13.4% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,755 | €76,475 | €77,489 | €75,578 | €74,628 | ▼ 1.3% |
| Equity10/15 | -€244,393 | -€254,597 | -€268,209 | -€251,150 | -€245,093 | ▲ 2.4% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €337 | €337 | €337 | €337 | €337 | = |
| Non-distributable reserves130/1 | - | €337 | €337 | €0 | - | - |
| Reserves not available under the articles1311 | - | €337 | €337 | €0 | - | - |
| Distributable reserves133 | - | - | - | €337 | €337 | = |
| Profit (loss) carried forward14 | -€263,322 | -€273,526 | -€287,138 | -€270,079 | -€264,022 | ▲ 2.2% |
| Amounts payable17/49 | €332,148 | €331,072 | €345,698 | €326,728 | €319,721 | ▼ 2.1% |
| Amounts payable after more than one year17 | €317,050 | €313,344 | €344,077 | €325,968 | €317,363 | ▼ 2.6% |
| Financial debts170/4 | - | €313,344 | €344,077 | €325,968 | €317,363 | ▼ 2.6% |
| Amounts payable within one year42/48 | €15,098 | €17,727 | €1,621 | €760 | €2,358 | ▲ 210% |
| Current portion of amounts payable after more than one year42 | - | €12,744 | €0 | - | - | - |
| Financial debts43 | - | €2,993 | €0 | - | - | - |
| Credit institutions430/8 | - | €2,993 | €0 | - | - | - |
| Trade debts44 | €2,179 | €1,792 | €1,423 | €621 | €2,288 | ▲ 268% |
| Suppliers440/4 | - | €1,792 | €1,423 | €621 | €2,288 | ▲ 268% |
| Taxes, remuneration and social security45 | - | €197 | €197 | €139 | €70 | ▼ 49.7% |
| Taxes450/3 | - | €197 | €197 | €139 | €70 | ▼ 49.7% |
| Other amounts payable47/48 | - | - | €0 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,509 | -€10,204 | -€13,612 | €17,059 | €6,057 | ▼ 64.5% |
| + Depreciation and write-downs630 | €18,777 | €3,541 | - | - | €1 | - |
| Operating cash flow (approximation) | €1,268 | -€6,663 | -€13,612 | €17,059 | €6,058 | ▼ 64.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€950 | - |
| Change in cash | - | -€3,950 | -€1,772 | €10,247 | -€1,502 | ▼ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €17,059
Net result €17,059 after 5 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 99.46
Current ratio from 47.82 to 99.46; short-term debt falls from €1,621 to €760.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity times 11current ratio 47.82
Current ratio from 4.31 to 47.82; short-term debt falls from €17,727 to €1,621.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 1999
Ground area
3.1 ha
Building footprint
500 m²
Volume, LiDAR
3,116 m³
2 parcels, Brussels, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Schollestraat 1, 1070 Anderlecht
since 19992.090.278.041
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307F0227/00B000 | Brussels | 3.0 ha | 1 · 366 m² | 6.2 m · 2 fl. |
| 23016D0239/00E009 | Flanders | 514 m² | 1 · 133 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.090.278.041
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,312 companies in this sector we hold annual accounts for 624. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded19-01-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465105201
Also
9925:BE0465105201
Registered
24-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.