w+w
Activew+w has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €-2k. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 53% of 6994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-95
Solvency83▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six 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 2025Solvency, return and age of the figures
Solvency
57.8%
Return on assets
-24.6%
Age of the figures
9 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
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
76 d early
2023
61 d early
2022
129 d early
2021
76 d early
2020
142 d early
2019
148 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 29.8%
2024 · €8k
2018: €25k
2019: €14k
2020: €12k
2021: €11k
2022: €6k
2023: €2k
2024: €8k
2018 → 2025
Total assets
€10k▼ 35.5%
2024 · €15k
2018: €47k
2019: €50k
2020: €42k
2021: €40k
2022: €14k
2023: €8k
2024: €15k
2018 → 2025
Net result
€-2k
2024 · €6k
2018: €-7k
2019: €6k
2020: €15k
2021: €11k
2022: €-5k
2023: €-4k
2024: €6k
2018 → 2025
Working capital
€8k▼ 10.3%
2024 · €9k
2018: €21k
2019: €17k
2020: €20k
2021: €16k
2022: €8k
2023: €4k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€6k▼ 46.4%€2k▼ 64.0%€8k▲ 298%€6k▼ 29.8%
Operating result€15k-€-4k€-3k▲ 27.2%€8k€-1k
Net result€11k-€-5k€-4k▲ 26.1%€6k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10k
Fixed assets
€1k▼ 58.7%
Current assets
€9k▼ 30.8%
Equity and liabilities €10k
Equity
€6k▼ 29.8%
Debt
€4k▼ 41.9%
The debt ratio falls from 46.9% to 42.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€424▼
2024 · €10k
Cash flow
€-914▼
2024 · €8k
Solvency
57.8%▲
2024 · 53.1%
Current ratio
7.82▲
2024 · 3.06
Quick ratio
7.82▲
2024 · 3.06
Debt / equity
0.73▼
2024 · 0.88
ROE
-42.5%▼
2024 · 74.9%
ROA
-24.6%▼
2024 · 39.8%
Interest coverage
0.62▼
2024 · 24.39
Debt
€4k▼
2024 · €7k
Debt ≤ 1 year
€1k▼
2024 · €4k
Income taxes
€655▼
2024 · €2k
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€15k€10k▼
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€13k€9k▼
Amounts receivable within one year40/41€3k€4k▲
Trade receivables40€3k€3k▲
Other amounts receivable41-€323
Cash at bank and in hand54/58€10k€5k▼
Deferred charges and accrued income490/1€33€276▲
Equity and liabilities
Total equity and liabilities10/49€15k€10k▼
Equity10/15€8k€6k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€2k€-433▼
Amounts payable17/49€7k€4k▼
Amounts payable within one year42/48€4k€1k▼
Trade debts44€534€458▼
Suppliers440/4€534€458▼
Taxes, remuneration and social security45€2k€680▼
Taxes450/3€2k€680▼
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€846▼
Gross operating margin9900€11k€1k▼
Operating profit (loss)9901€8k€-1k▼
Financial charges65/66B€393€683▲
Recurring financial charges65€393€683▲
Profit (loss) for the period before taxes9903€8k€-2k▼
Income taxes67/77€2k€655▼
Profit (loss) for the period9904€6k€-2k▼
Profit (loss) for the period to be appropriated9905€6k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-433▼
Profit (loss) brought forward from the previous period14P€-4k€2k▲
The notes to these accounts (4 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 7.82
Current ratio from 3.06 to 7.82; short-term debt falls from €4k to €1k.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €15k ▲136%
Operating result €16k, net result €15k, both a record.
05-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Spa · 1 establishment unit since 2010
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.
Avenue Léopold II 164900 SpaGround area
2,415 m²
Building footprint
139 m²
Volume, LiDAR
878 m³
Parcel 63072K1626/00S002, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
W+W SPRL
since 20102.187.365.440
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072K1626/00S002 | Wallonia | 2,415 m² | 1 · 139 m² | 8.4 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.
Similar companies · same sector, comparable size
DELTA SERVICES TROCH
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Solanex
BE 0543.454.772
Oud-Turnhout · Eq €6k
Jean-Baptiste Aubry
BE 0752.983.482
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SPAZIO EVENTS
BE 0440.065.541
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 1,630 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2010
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
73120Media representation
73200Market research and public opinion polling
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.