The computed 12-month bankruptcy probability of S and W is 10.1% (high). For S and W, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €37,857 and a net result of -€35,081. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2021 (filed 11-07-2022)3 financial years not filed after the legal deadline; 1 of the last 3 lateLoss of €35,081, the second in a row (financial year 2021)Sector: Food and beverage service activities (NACE 56)Two or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency45-38
equity 20.4% of total assets
Liquidity32-6
short-term debt 79.6% · cash 20.1%
Profitability0=
return on assets -18.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
10.1%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Sector median 1.8% (23,719 companies, NACE 56, micro)
Last 24 months11-2024: 10.8%12-2024: 10.8%● unchanged vs 11-202401-2025: 10.8%● unchanged vs 12-202402-2025: 10.8%● unchanged vs 01-202503-2025: 10.8%● unchanged vs 02-202504-2025: 10.9%▲ +0.1 percentage points vs 03-2025highest value05-2025: 10.8%▼ -0.1 percentage points vs 04-202506-2025: 10.8%● unchanged vs 05-202507-2025: 10.8%● unchanged vs 06-202508-2025: 10.3%▼ -0.5 percentage points vs 07-202509-2025: 10.3%● unchanged vs 08-202510-2025: 10.3%● unchanged vs 09-202511-2025: 10.3%● unchanged vs 10-202512-2025: 10.3%● unchanged vs 11-202501-2026: 10.3%● unchanged vs 12-202502-2026: 10.3%● unchanged vs 01-202603-2026: 10.3%● unchanged vs 02-202604-2026: 10.3%● unchanged vs 03-202605-2026: 10.3%● unchanged vs 04-202606-2026: 10.3%● unchanged vs 05-202607-2026: 10.1%▼ -0.2 percentage points vs 06-202608-2026: 10.1%● unchanged vs 07-202609-2026: 10.1%● unchanged vs 08-202610-2026: 10.1%● unchanged vs 09-2026lowest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
This company filed its last 2 accounts on average 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2021 · micro…
Annual accounts filedfinancial year 2020 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-20231170 days lateView