WORDS WIN WORLDS
ActiveWORDS WIN WORLDS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €-24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 6971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
20
/ 100
Critical▼ -23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency6▼-5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.46 in 2024), and 91.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
8.4%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 6971 sector peers (2025).
NBB · sector comparisonPosition among 6971 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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 · 10 filingsDeviation from the deadline
2025
38 d late
2024
66 d early
2023
47 d late
2022
59 d late
2021
31 d late
2020
23 d late
2019
122 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-24k
2024 · €32k
2018: €-46k
2019: €-59k
2020: €27k
2021: €50k
2022: €-42k
2023: €73k
2024: €32k
2018 → 2025
Working capital
€-140k▼ 32.2%
2024 · €-106k
2018: €26k
2019: €-8k
2020: €-69k
2021: €-90k
2022: €-157k
2023: €-107k
2024: €-106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€-26k€47k€78k▲ 68.1%€54k▼ 30.9%
Operating result€57k-€-30k€82k€40k▼ 51.2%€-12k
Net result€50k-€-42k€73k€32k▼ 56.6%€-24k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €40k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €644k
Fixed assets
€614k▲ 66.9%
Current assets
€30k▼ 67.1%
Equity and liabilities €644k
Equity
€54k▼ 30.9%
Debt
€590k▲ 54.8%
The debt ratio rises from 83.0% to 91.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€80k▼
2024 · €85k
Cash flow
€68k▼
2024 · €76k
Solvency
8.4%▼
2024 · 17.0%
Current ratio
0.18▼
2024 · 0.46
Quick ratio
0.15▼
2024 · 0.44
Debt / equity
10.91▲
2024 · 4.87
ROE
-44.6%▼
2024 · 40.5%
ROA
-3.7%▼
2024 · 6.9%
Interest coverage
6.60▼
2024 · 9.77
Debt
€590k▲
2024 · €381k
Debt ≤ 1 year
€170k▼
2024 · €197k
Debt > 1 year
€407k▲
2024 · €184k
Staff costs
€7k▲
2024 · €7k
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€459k€644k▲
Fixed assets21/28€368k€614k▲
Tangible fixed assets22/27€367k€613k▲
Land and buildings22€192k€468k▲
Plant, machinery and equipment23€172k€143k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€900€900=
Current assets29/58€91k€30k▼
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€9k€2k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€75k€19k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€459k€644k▲
Equity10/15€78k€54k▼
Contributions10/11€20k€20k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€30k€6k▼
Amounts payable17/49€381k€590k▲
Amounts payable after more than one year17€184k€407k▲
Financial debts170/4€184k€407k▲
Amounts payable within one year42/48€197k€170k▼
Current portion of amounts payable after more than one year42€34k€44k▲
Trade debts44€30k€28k▼
Suppliers440/4€30k€28k▼
Advances received on contracts in progress46€6k€4k▼
Taxes, remuneration and social security45€995€965▼
Taxes450/3-€320
Remuneration and social security454/9€995€644▼
Other amounts payable47/48€126k€92k▼
Accrued charges and deferred income492/3€153€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€7k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€92k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€94k€92k▼
Operating profit (loss)9901€40k€-12k▼
Financial income75/76B€418€9▼
Recurring financial income75€418€9▼
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€32k€-24k▼
Profit (loss) for the period9904€32k€-24k▼
Profit (loss) for the period to be appropriated9905€32k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€6k▼
Profit (loss) brought forward from the previous period14P€-2k€30k▲
The notes to these accounts (10 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
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 47 days late
2023
31-12
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 59 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
16-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 47 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 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, Leuven · 1 establishment unit since 2000
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.
Grauwmeer 1/303001 LeuvenGround area
2,588 m²
Parcel 24514B0181/00Z000, Flanders. Linked by address, not a title deed.
1 establishment unit
Hotel Ulftaler Schenke
since 20002.115.741.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514B0181/00Z000 | Flanders | 2,588 m² | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBurg-Reuland2.115.741.333
Similar companies · same sector, comparable size
BRYGHIA
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BOUTIQUE HOTEL GROUP
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e-day
BE 0871.021.693
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DELTA HOTEL
BE 0697.833.440
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Ondas
BE 0683.672.628
Schilde · Eq €55k
Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 913 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-02-2000
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
73200Market research and public opinion polling
74131
69202Legal and accounting activities
69209Other tax advisory services
70200Business and other management consultancy
70220Business consulting
74121
74142
90202Performing arts by artistic ensembles
92312
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:erik@wordswinworlds.be