W-Wire
ActiveW-Wire has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €3k. Equity is growing by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 982 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-13
Solvency65=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.42 in 2024; short-term debt: 45.4% and cash: 27.7% of total assets), and 60.1% of the assets are financed with debt.
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 · 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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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
39.9%
Return on assets
2.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
26 d late
2024
70 d late
2023
5 d early
2022
11 d late
2021
30 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▲ 7.0%
2024 · €48k
2021: €12k
2022: €13k
2023: €33k
2024: €48k
2021 → 2025
Total assets
€130k▲ 8.3%
2024 · €120k
2021: €41k
2022: €58k
2023: €113k
2024: €120k
2021 → 2025
Net result
€3k▼ 77.7%
2024 · €15k
2021: €5k
2022: €934
2023: €20k
2024: €15k
2021 → 2025
Working capital
€23k▼ 18.6%
2024 · €28k
2021: €7k
2022: €-3k
2023: €12k
2024: €28k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€13k▲ 7.6%€33k▲ 150%€48k▲ 45.4%€52k▲ 7.0%
Operating result€6k-€2k▼ 59.1%€28k▲ 1,083%€23k▼ 16.3%€9k▼ 61.3%
Net result€5k-€934▼ 80.8%€20k▲ 2,040%€15k▼ 24.3%€3k▼ 77.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€48k▲ 94.5%
Current assets
€82k▼ 14.1%
Equity and liabilities €130k
Equity
€52k▲ 7.0%
Debt
€78k▲ 9.2%
The debt ratio rises from 59.6% to 60.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▼
2024 · €36k
Cash flow
€18k▼
2024 · €28k
Solvency
39.9%▼
2024 · 40.4%
Current ratio
1.39▼
2024 · 1.42
Quick ratio
1.39▼
2024 · 1.42
Debt / equity
1.51▲
2024 · 1.48
ROE
6.5%▼
2024 · 31.2%
ROA
2.6%▼
2024 · 12.6%
Interest coverage
8.95▼
2024 · 13.72
Debt
€78k▲
2024 · €71k
Debt ≤ 1 year
€59k▼
2024 · €67k
Debt > 1 year
€19k▲
2024 · €4k
Income taxes
€3k▼
2024 · €5k
Staff costs
€117k▲
2024 · €92k
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€120k€130k▲
Fixed assets21/28€25k€48k▲
Tangible fixed assets22/27€25k€48k▲
Plant, machinery and equipment23€1k€675▼
Furniture and vehicles24€20k€24k▲
Leasing and similar rights25€3k€23k▲
Current assets29/58€95k€82k▼
Amounts receivable within one year40/41€40k€44k▲
Trade receivables40€39k€43k▲
Other amounts receivable41€295€501▲
Cash at bank and in hand54/58€53k€36k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€120k€130k▲
Equity10/15€48k€52k▲
Contributions10/11€8k€8k=
Reserves13€41k€44k▲
Distributable reserves133€41k€44k▲
Amounts payable17/49€71k€78k▲
Amounts payable after more than one year17€4k€19k▲
Financial debts170/4€4k€19k▲
Amounts payable within one year42/48€67k€59k▼
Current portion of amounts payable after more than one year42€10k€9k▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€32k€30k▼
Taxes450/3€21k€12k▼
Remuneration and social security454/9€11k€19k▲
Other amounts payable47/48€21k€14k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€92k€117k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€7k
Gross operating margin9900€130k€149k▲
Operating profit (loss)9901€23k€9k▼
Financial income75/76B€9€82▲
Recurring financial income75€9€82▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€20k€6k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€15k€3k▼
Profit (loss) for the period to be appropriated9905€15k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€3k▼
Transfer to equity691/2€15k€3k▼
To other reserves6921€15k€3k▼
The notes to these accounts (11 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €20k ▲2040%
Operating result €28k, net result €20k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Weakest financial yearnet €934 ▼80.8%
Net result drops to €934, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Poperinge · 1 establishment unit since 2020
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.
Toc H-straat 268970 PoperingeGround area
298 m²
Building footprint
139 m²
Volume, LiDAR
748 m³
Parcel 33021E0600/00C003, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
W-Wire
since 20202.305.567.957
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021E0600/00C003 | Flanders | 298 m² | 1 · 139 m² | 10.7 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
UNS Elektriek
BE 0800.724.409
Genk · Eq €52k
Global Business Cabling
BE 0707.592.630
Charleroi · Eq €52k
KRAL TECH
BE 0760.536.616
Zele · Eq €52k
MBO-Infra
BE 0804.222.446
Lokeren · Eq €52k
EFS Group
BE 0795.759.492
Beringen · Eq €52k
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 687 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-08-2020
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
47400Retail sale of information and communication equipment
47410Retail trade
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.