ROAD WAY
ActiveThe file of ROAD WAY contains 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 7.2% (elevated). The 2024 annual accounts show equity of €9k and a net result of €5k. Its solvency ranks better than 21% of 1124 sector peers (fiscal year 2024).
Checked score
Score 2024
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+7
Solvency38▼-11
Growth78
Track record79
Bankruptcy probability, 12 months
7.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.85 against 0.67 in 2023; short-term debt: 87% and cash: 2% of total assets), and 87% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 2024Solvency, return and age of the figures
Solvency
13%
Return on assets
6.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1124 sector peers (2024).
NBB · sector comparisonPosition among 1124 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-01-2026, 160 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
160 d late
2023
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€27k
EBIT margin
12.5%
Net result
€5k▲ 111%
2023 · €2k
2023: €2k
2023 → 2024
Working capital
€-9k▼ 103%
2023 · €-5k
2023: €-5k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€27k-
Equity€4k-€9k▲ 115%
Operating result€3k-€7k▲ 94.6%
Net result€2k-€5k▲ 111%
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 95% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73k
Fixed assets
€19k▲ 109%
Current assets
€54k▲ 467%
Equity and liabilities €73k
Equity
€9k▲ 115%
Debt
€63k▲ 348%
The debt ratio rises from 76.3% to 87.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k
Cash flow
€7k
Solvency
13.0%▼
2023 · 23.7%
Current ratio
0.85▲
2023 · 0.67
Quick ratio
0.85▲
2023 · 0.67
Debt / equity
6.72▲
2023 · 3.22
ROE
53.4%▼
2023 · 54.4%
ROA
6.9%▼
2023 · 12.9%
Interest coverage
3000.73
Debt
€63k▲
2023 · €14k
Debt ≤ 1 year
€63k▲
2023 · €14k
Income taxes
€2k▲
2023 · €900
Staff costs
€54k▲
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€19k€73k▲
Fixed assets21/28€9k€19k▲
Tangible fixed assets22/27-€5k
Plant, machinery and equipment23-€94
Furniture and vehicles24-€5k
Financial fixed assets28€9k€14k▲
Current assets29/58€10k€54k▲
Amounts receivable within one year40/41€8k€53k▲
Trade receivables40€8k€30k▲
Other amounts receivable41-€22k
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€19k€73k▲
Equity10/15€4k€9k▲
Contributions10/11€2k€2k=
Outside capital11€2k€2k=
Other1109/19€2k€2k=
Profit (loss) carried forward14€2k€7k▲
Amounts payable17/49€14k€63k▲
Amounts payable within one year42/48€14k€63k▲
Trade debts44€4k€20k▲
Suppliers440/4€4k€20k▲
Taxes, remuneration and social security45€9k€43k▲
Taxes450/3€4k€29k▲
Remuneration and social security454/9€6k€14k▲
Other amounts payable47/48€223€94▼
Income statement
Code20232024
Turnover70€27k-
Goods, raw materials, services and sundry goods60/61€15k-
Remuneration, social security and pensions62€9k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8-€1k
Gross operating margin9900€12k€64k▲
Operating profit (loss)9901€3k€7k▲
Financial income75/76B€4€20▲
Recurring financial income75€4€20▲
Financial charges65/66B€113€3▼
Recurring financial charges65€113€3▼
Profit (loss) for the period before taxes9903€3k€7k▲
Income taxes67/77€900€2k▲
Profit (loss) for the period9904€2k€5k▲
Profit (loss) for the period to be appropriated9905€2k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€7k▲
Profit (loss) brought forward from the previous period14P-€2k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 160 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
05-06
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: ROAD WAY BV- KLEINEWINKELLAAN 64, 1853 STROMBEEK-BEVER
SignalNBB filing
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Edouard Fiersstraat 281030 SchaarbeekGround area
3,694 m²
Building footprint
358 m²
Volume, LiDAR
2,809 m³
2 parcels, Brussels, Flanders · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kleinewinkellaan 64, 1853 Grimbergen
since 20232.347.589.347
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0271/00V003 | Flanders | 3,448 m² | 1 · 267 m² | 8.0 m · 2 fl. |
| 21906D0146/00C011 | Brussels | 247 m² | 1 · 91 m² | 18.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
Parcel delivery
Notified to the BIPT
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 3,787 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2023
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.