STW
ActiveSTW has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301k and a net result of €682. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 20% of 674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent▲ +45 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▲+1
Solvency71▲+16
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.23 against 3.56 in 2024), but 81.8% 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.
−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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.2%
Return on assets
0%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 674 sector peers (2025).
NBB · sector comparisonPosition among 674 sector peers
Solvency
better than 20%
← weakest
strongest →
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 30-05-2026, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
62 d early
2024
21 d early
2023
47 d early
2022
42 d early
2021
34 d early
2020
39 d early
2019
73 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€301k▲ 59.4%
2024 · €189k
2018: €230k
2019: €276k
2020: €315k
2021: €316k
2022: €341k
2023: €367k
2024: €189k
2018 → 2025
Total assets
€1.66M▲ 7.1%
2024 · €1.55M
2018: €533k
2019: €708k
2020: €795k
2021: €829k
2022: €887k
2023: €1.09M
2024: €1.55M
2018 → 2025
Net result
€682
2024 · €-178k
2018: €136k
2019: €49k
2020: €40k
2021: €941
2022: €24k
2023: €27k
2024: €-178k
2018 → 2025
Working capital
€1.23M▲ 10.9%
2024 · €1.11M
2018: €260k
2019: €385k
2020: €608k
2021: €593k
2022: €666k
2023: €899k
2024: €1.11M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€316k-€341k▲ 7.7%€367k▲ 7.8%€189k▼ 48.6%€301k▲ 59.4%
Operating result€168-€24k▲ 14,459%€29k▲ 17.2%€-178k€-12k▲ 93.5%
Net result€941-€24k▲ 2,475%€27k▲ 9.6%€-178k€682
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €178k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.66M
Fixed assets
€46k▲ 866%
Current assets
€1.61M▲ 4.5%
Equity and liabilities €1.66M
Equity
€301k▲ 59.4%
Provisions
€977k▲ 11.4%
Debt
€381k▼ 21.2%
The debt ratio falls from 31.2% to 23.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€9k▲
2024 · €-177k
Cash flow
€22k▲
2024 · €-178k
Solvency
18.2%▲
2024 · 12.2%
Current ratio
4.23▲
2024 · 3.56
Quick ratio
4.23▲
2024 · 3.56
Debt / equity
1.27▼
2024 · 2.56
ROE
0.2%▲
2024 · -94.4%
ROA
0.0%▲
2024 · -11.5%
Interest coverage
13.43▲
2024 · -226.21
Debt
€381k▼
2024 · €484k
Debt ≤ 1 year
€381k▼
2024 · €434k
Staff costs
€1.91M▲
2024 · €1.63M
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
Assets
Total assets20/58€1.55M€1.66M▲
Fixed assets21/28€5k€46k▲
Tangible fixed assets22/27€344€41k▲
Plant, machinery and equipment23€344€0▼
Other tangible fixed assets26-€41k
Financial fixed assets28€4k€4k=
Current assets29/58€1.54M€1.61M▲
Amounts receivable within one year40/41€515k€710k▲
Trade receivables40€70k€26k▼
Other amounts receivable41€445k€684k▲
Current investments50/53€750k€750k=
Cash at bank and in hand54/58€279k€148k▼
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.66M▲
Equity10/15€189k€301k▲
Contributions10/11-€111k
Capital10-€111k
Reserves13€0-
Profit (loss) carried forward14€189k€190k▲
Provisions and deferred taxes16€877k€977k▲
Provisions for liabilities and charges160/5€877k€977k▲
Major repairs and maintenance162€50k€50k=
Other liabilities and charges164/5€827k€927k▲
Amounts payable17/49€484k€381k▼
Amounts payable within one year42/48€434k€381k▼
Trade debts44€128k€63k▼
Suppliers440/4€128k€63k▼
Advances received on contracts in progress46€275€0▼
Taxes, remuneration and social security45€305k€318k▲
Taxes450/3€56k€62k▲
Remuneration and social security454/9€249k€256k▲
Accrued charges and deferred income492/3€50k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.63M€1.91M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€518€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€71k€0▼
Other operating charges640/8€3k€6k▲
Gross operating margin9900€1.88M€2.02M▲
Operating profit (loss)9901€-178k€-12k▲
Financial income75/76B€31€13k▲
Recurring financial income75€31€13k▲
Financial charges65/66B€783€701▼
Recurring financial charges65€783€701▼
Profit (loss) for the period before taxes9903€-178k€682▲
Profit (loss) for the period9904€-178k€682▲
Profit (loss) for the period to be appropriated9905€-178k€682▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€190k▲
Profit (loss) brought forward from the previous period14P€181k€189k▲
From contributions791€186k€0▼
Social balance
Average headcount (FTE)908725.429.6▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €682
Net result €682 after one loss-making year.
31-12
Financial
Equity above €200kEq €301k ▲59.4%
Equity rises from €189k to €301k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-178k ▼771%
Net result drops to €-178k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Antwerpen · 1 establishment unit since 2007
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.
Kwekerijstraat 612140 AntwerpenGround area
1,843 m²
Building footprint
1,213 m²
Volume, LiDAR
8,199 m³
Parcel 11312A0024/00P036, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STW
since 20072.159.463.785
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11312A0024/00P036 | Flanders | 1,843 m² | 2 · 1,213 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 608,602 EUR awarded · 608,602 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 177,357 EUR | 177,357 EUR |
| 2024 | 4 | 153,871 EUR | 153,871 EUR |
| 2023 | 4 | 127,536 EUR | 127,536 EUR |
| 2022 | 2 | 149,838 EUR | 149,838 EUR |
Schemes
Subsidie in kader van competentieversterking
Subsidies in het kader van jobcoaching en taalcoaching
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
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ACTION EN MILIEU OUVERT (A.M.O.) PLAN J
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Of 1,042 companies in sector 85323 we hold annual accounts for 674. 547 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded19-11-1986
Fiscal year end31-12
Activities, NACEBEL
85323Education
88999Other social work without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.