CWMS
ActiveCWMS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €37k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 55% of 1786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+34
Solvency80▼-15
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.93 in 2024), but 55.4% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
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
44.6%
Return on assets
5.9%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
42 d early
2023
51 d early
2021
34 d early
2020
133 d late
2019
214 d late
2018
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close07-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€282k▲ 15.2%
2024 · €244k
2018: €23k
2019: €49k
2020: €74k
2021: €178k
2023: €229k
2024: €244k
2018 → 2025
Total assets
€631k▲ 37.4%
2024 · €460k
2018: €415k
2019: €506k
2020: €475k
2021: €803k
2023: €482k
2024: €460k
2018 → 2025
Net result
€37k▲ 141%
2024 · €15k
2018: €-65k
2019: €-40k
2020: €-14k
2021: €104k
2023: €51k
2024: €15k
2018 → 2025
Working capital
€162k▼ 8.0%
2024 · €176k
2018: €87k
2019: €94k
2020: €-73k
2021: €44k
2023: €128k
2024: €176k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€74k-€178k▲ 140%€229k▲ 28.7%€244k▲ 6.8%€282k▲ 15.2%
Operating result€29k-€108k▲ 266%€87k▼ 19.0%€21k▼ 75.8%€69k▲ 226%
Net result€-14k-€104k€51k▼ 50.8%€15k▼ 69.7%€37k▲ 141%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 226% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €631k
Fixed assets
€188k▲ 99.2%
Current assets
€444k▲ 21.5%
Equity and liabilities €631k
Equity
€282k▲ 15.2%
Debt
€350k▲ 62.6%
The debt ratio rises from 46.8% to 55.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€122k▲
2024 · €71k
Cash flow
€90k▲
2024 · €65k
Solvency
44.6%▼
2024 · 53.2%
Current ratio
1.57▼
2024 · 1.93
Quick ratio
1.57▼
2024 · 1.93
Debt / equity
1.24▲
2024 · 0.88
ROE
13.2%▲
2024 · 6.3%
ROA
5.9%▲
2024 · 3.4%
Interest coverage
41.20▲
2024 · 22.17
Debt
€350k▲
2024 · €215k
Debt ≤ 1 year
€282k▲
2024 · €190k
Debt > 1 year
€68k▲
2024 · €26k
Income taxes
€25k▲
2024 · €10k
Staff costs
€69k▲
2024 · €66k
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€460k€631k▲
Fixed assets21/28€94k€188k▲
Tangible fixed assets22/27€92k€186k▲
Plant, machinery and equipment23€2k€996▼
Furniture and vehicles24€81k€176k▲
Other tangible fixed assets26€10k€8k▼
Financial fixed assets28€2k€2k=
Current assets29/58€365k€444k▲
Amounts receivable within one year40/41€101k€82k▼
Trade receivables40€71k€63k▼
Other amounts receivable41€30k€19k▼
Cash at bank and in hand54/58€264k€359k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€460k€631k▲
Equity10/15€244k€282k▲
Contributions10/11€19k€19k=
Reserves13€226k€263k▲
Tax-exempt reserves132€152k€152k=
Distributable reserves133€74k€111k▲
Amounts payable17/49€215k€350k▲
Amounts payable after more than one year17€26k€68k▲
Financial debts170/4€26k€68k▲
Amounts payable within one year42/48€190k€282k▲
Current portion of amounts payable after more than one year42€30k€58k▲
Trade debts44€145k€202k▲
Suppliers440/4€145k€202k▲
Taxes, remuneration and social security45€14k€22k▲
Taxes450/3€3k€12k▲
Remuneration and social security454/9€10k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€66k€69k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€53k▲
Other operating charges640/8€3k€9k▲
Gross operating margin9900€140k€200k▲
Operating profit (loss)9901€21k€69k▲
Financial income75/76B€8k€2k▼
Recurring financial income75€2k€2k▲
Non-recurring financial income76B€6k-
Financial charges65/66B€3k€8k▲
Recurring financial charges65€3k€3k▼
Non-recurring financial charges66B-€5k
Profit (loss) for the period before taxes9903€25k€63k▲
Income taxes67/77€10k€25k▲
Profit (loss) for the period9904€15k€37k▲
Profit (loss) for the period to be appropriated9905€15k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€37k▲
Transfer to equity691/2€15k€37k▲
To other reserves6921€15k€37k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (12 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
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Equity above €200kEq €229k ▲28.7%
2 profitable years in a row build equity to €229k.
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €104k
Net result €104k after 3 loss-making years.
31-12
Financial
Equity above €150kEq €178k ▲140%
Equity rises from €74k to €178k.
11-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 133 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 214 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Similar companies · same sector, comparable size
BKD-EXPRESS
BE 0508.843.885
Boechout · Eq €282k
BONAMI
BE 0741.355.558
Brugge · Eq €282k
MEUWISSEN TRANSPORT
BE 0884.903.581
Kinrooi · Eq €281k
TRANSPORT ARIJS
BE 0421.185.975
Ternat · Eq €282k
PETROMA TRANSPORTS
BE 0401.812.602
Seneffe · Eq €281k
Of 12,431 companies in sector 49410 we hold annual accounts for 8,033. 5,801 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2000
Fiscal year end30-06
Trade name NL
BRANDSTOFFEN WIM VAN DEN BOSCH
Activities, NACEBEL
49410Freight transport by road
46810Wholesale of solid, liquid and gaseous fuels and related products
47300Retail sale of automotive fuel
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.