Contractway

Active

Private limited companyfounded 20206 yrs activeWellingtonlaan 116, 1180 Ukkel, BelgiumKBO/BCE: BE 0740.909.061

Contractway has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €112k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2025

68 / 100

Healthy= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency18▼-7

Growth78=

Stability100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity tight (current ratio 1.08 against 1.18 in 2024), and 92.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

7.3%

Return on assets

13.6%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 8592 sector peers (2025).

NBB · sector comparison

Position among 8592 sector peers

Solvency

better than 13%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-09-2026, 36 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 · 6 filings

Deviation from the deadline

2025

36 d late

2024

92 d late

2023

61 d late

2022

8 d late

2021

22 d late

2020

25 d late

← before the deadline after the deadline →

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 months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€112k▲ 129%

2024 · €49k

2020: €-317 2021: €-6k 2022: €3k 2023: €3k 2024: €49k

2020 → 2025

Working capital

€59k▲ 21.8%

2024 · €49k

2020: €-217 2021: €-6k 2022: €-3k 2023: €224 2024: €49k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-6k-€-3k▲ 46.7%€-341▲ 89.6%€48k€60k▲ 24.1%

Operating result€-5k-€5k€6k▲ 11.3%€81k▲ 1,306%€163k▲ 102%

Net result€-6k-€3k€3k▲ 2.4%€49k▲ 1,561%€112k▲ 129%

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2025 is 102% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €820k

98.4%

Fixed assets €13k

Current assets €807k

Equity and liabilities €820k

92.7%

Equity €60k▲ 24.1%

Debt €760k▲ 181%

The debt ratio rises from 84.9% to 92.7%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

Solvency

7.3%▼

2024 · 15.1%

Current ratio

1.08▼

2024 · 1.18

Quick ratio

1.08▼

2024 · 1.18

Debt / equity

12.70▲

2024 · 5.62

ROE

186.5%▲

2024 · 101.1%

ROA

13.6%▼

2024 · 15.3%

Debt

€760k▲

2024 · €271k

Debt ≤ 1 year

€748k▲

2024 · €271k

Income taxes

€39k▲

2024 · €14k

Staff costs

€450k▲

2024 · €436k

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€319k€820k▲

Fixed assets21/28-€13k

Financial fixed assets28-€13k

Current assets29/58€319k€807k▲

Amounts receivable within one year40/41€318k€503k▲

Trade receivables40€232k€431k▲

Other amounts receivable41€86k€72k▼

Cash at bank and in hand54/58€867€304k▲

Deferred charges and accrued income490/1-€351

Equity and liabilities

Total equity and liabilities10/49€319k€820k▲

Equity10/15€48k€60k▲

Contributions10/11€100€100=

Profit (loss) carried forward14€48k€60k▲

Amounts payable17/49€271k€760k▲

Amounts payable within one year42/48€271k€748k▲

Financial debts43€24k-

Credit institutions430/8€24k-

Trade debts44€130k€272k▲

Suppliers440/4€130k€272k▲

Taxes, remuneration and social security45€109k€241k▲

Taxes450/3€45k€171k▲

Remuneration and social security454/9€64k€70k▲

Other amounts payable47/48€6k€234k▲

Accrued charges and deferred income492/3€388€12k▲

Income statement Code20242025

Remuneration, social security and pensions62€436k€450k▲

Other operating charges640/8-€524

Gross operating margin9900€517k€614k▲

Operating profit (loss)9901€81k€163k▲

Financial income75/76B€2k-

Recurring financial income75€2k-

Financial charges65/66B€20k€12k▼

Recurring financial charges65€20k€12k▼

Profit (loss) for the period before taxes9903€63k€151k▲

Income taxes67/77€14k€39k▲

Profit (loss) for the period9904€49k€112k▲

Profit (loss) for the period to be appropriated9905€49k€112k▲

Appropriation of the result

Profit (loss) to be appropriated9906€48k€160k▲

Profit (loss) brought forward from the previous period14P€-630€48k▲

Profit to be distributed694/7-€100k

Return on contributions (dividend)694-€100k

Social balance

Average headcount (FTE)90877.47.4=

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

05-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 36 days late

2025

31-12

Financial Highest result since 2020net €112k ▲129%

Operating result €163k, net result €112k, both a record.

31-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 92 days late

2024

30-09

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 61 days late

2023

08-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 8 days late

2022

31-12

Financial Back to profitnet €3k

Net result €3k after 2 loss-making years.

22-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 22 days late

2021

31-12

Financial Weakest financial yearnet €-6k

Net result drops to €-6k, the lowest in the series; recovery starts the following year.

25-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 25 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-10-2025 Resigned as Director

Location & real-estate footprint

Registered office, Ukkel · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Wellingtonlaan 1161180 Ukkel

Ground area

1,081 m²

Building footprint

129 m²

Volume, LiDAR