WOW-P1
ActiveWOW-P1 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.41M and a net result of €-734k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▲+3
Solvency36▲+28
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days only on tighter terms
Liquidity ample (current ratio 1.55 against 1.06 in 2024; short-term debt: 59.7% and cash: 0.1% of total assets), but 89.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
10.8%
Return on assets
-5.6%
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 31-08-2026, 31 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
31 d late
2024
21 d early
2023
50 d late
2022
207 d late
2021
101 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.41M
2024 · €-2.35M
2021: €-97k
2022: €-162k
2023: €-1.22M
2024: €-2.35M
2021 → 2025
Total assets
€13.13M▼ 7.7%
2024 · €14.22M
2021: €10.42M
2022: €22.15M
2023: €20.24M
2024: €14.22M
2021 → 2025
Net result
€-734k▲ 35.3%
2024 · €-1.13M
2021: €-107k
2022: €-65k
2023: €-1.06M
2024: €-1.13M
2021 → 2025
Working capital
€4.32M▲ 455%
2024 · €779k
2021: €-10.37M
2022: €12k
2023: €-1.26M
2024: €779k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-97k-€-162k▼ 67.3%€-1.22M▼ 651%€-2.35M▼ 93.0%€1.41M
Operating result€-23k-€-52k▼ 121%€-21k▲ 60.1%€-137k▼ 565%€-88k▲ 36.0%
Net result€-107k-€-65k▲ 39.0%€-1.06M▼ 1,520%€-1.13M▼ 7.3%€-734k▲ 35.3%
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 €88k in 2025 against €137k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.13M
Fixed assets
€968k▼ 4.6%
Current assets
€12.16M▼ 7.9%
Equity and liabilities €13.13M
Equity
€1.41M
Debt
€11.72M
Debt finances 89.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€-42k▲
2024 · €-92k
Cash flow
€-688k▲
2024 · €-1.09M
Solvency
10.8%▲
2024 · -16.6%
Current ratio
1.55▲
2024 · 1.06
Quick ratio
0.18▲
2024 · 0.03
Debt / equity
8.30▲
2024 · -7.04
ROE
-52.0%
ROA
-5.6%▲
2024 · -8.0%
Interest coverage
-0.05▲
2024 · -0.09
Debt
€11.72M▼
2024 · €16.58M
Debt ≤ 1 year
€7.84M▼
2024 · €12.43M
Debt > 1 year
€3.45M▼
2024 · €4.01M
Income taxes
€4k
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€14.22M€13.13M▼
Fixed assets21/28€1.01M€968k▼
Tangible fixed assets22/27€1.01M€968k▼
Plant, machinery and equipment23€1.01M€961k▼
Furniture and vehicles24€8k€7k▼
Current assets29/58€13.21M€12.16M▼
Amounts receivable after more than one year29-€1.16M
Other amounts receivable291-€1.16M
Stocks and contracts in progress3€12.87M€10.73M▼
Stocks30/36€12.87M€10.73M▼
Amounts receivable within one year40/41€277k€83k▼
Trade receivables40€26k€83k▲
Other amounts receivable41€252k-
Cash at bank and in hand54/58€30k€11k▼
Deferred charges and accrued income490/1€32k€183k▲
Equity and liabilities
Total equity and liabilities10/49€14.22M€13.13M▼
Equity10/15€-2.35M€1.41M▲
Contributions10/11€10k€4.51M▲
Profit (loss) carried forward14€-2.36M€-3.10M▼
Amounts payable17/49€16.58M€11.72M▼
Amounts payable after more than one year17€4.01M€3.45M▼
Financial debts170/4€4.01M€3.45M▼
Amounts payable within one year42/48€12.43M€7.84M▼
Financial debts43€6.76M€7.55M▲
Credit institutions430/8€6.76M€7.55M▲
Trade debts44€5.66M€109k▼
Suppliers440/4€5.66M€109k▼
Advances received on contracts in progress46€6k€455▼
Taxes, remuneration and social security45-€176k
Taxes450/3-€176k
Accrued charges and deferred income492/3€144k€433k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€46k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-91k€-40k▲
Operating profit (loss)9901€-137k€-88k▲
Financial income75/76B€1k€130k▲
Recurring financial income75€1k€130k▲
Financial charges65/66B€998k€772k▼
Recurring financial charges65€998k€772k▼
Profit (loss) for the period before taxes9903€-1.13M€-730k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-1.13M€-734k▲
Profit (loss) for the period to be appropriated9905€-1.13M€-734k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2.36M€-3.10M▼
Profit (loss) brought forward from the previous period14P€-1.23M€-2.36M▼
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Equity above €1MEq €1.41M
Equity rises from €-2.35M to €1.41M.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-1.13M
Net result drops to €-1.13M, the lowest in the series; recovery starts the following year.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 50 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 207 days late
2022
31-12
Financial
Liquidity times 96current ratio 1.00
Current ratio from 0.01 to 1.00.
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 101 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, Westerlo · 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.
Nijverheidsstraat 132260 WesterloGround area
2.4 ha
Building footprint
1,680 m²
Volume, LiDAR
37,410 m³
Parcel 13028B0138/00V000, Flanders · tallest building 30.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
WOW-P1
since 20202.309.190.908
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13028B0138/00V000 | Flanders | 2.4 ha | 1 · 1,680 m² | 30.0 m · 8 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
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DMC CONSTRUCT
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BRAVERIMMO
BE 0445.837.239
Ternat · Eq €1.41M
GREZ INVEST
BE 0884.729.575
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 2,973 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2020
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.