G.K.W.
ActiveSummary
G.K.W. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €6k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 68% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+51
Solvency89▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.43 in 2024; short-term debt: 19% of total assets), and 35.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
64.1%
Return on assets
5.9%
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 05-08-2026, 5 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
5 d late
2024
31 d late
2023
20 d late
2022
60 d late
2021
2 d early
2020
19 d early
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€60k▲ 10.2%
2024 · €54k
2018: €52k
2019: €60k
2020: €60k
2021: €65k
2022: €70k
2023: €61k
2024: €54k
2018 → 2025
Total assets
€93k▼ 10.5%
2024 · €104k
2018: €226k
2019: €230k
2020: €184k
2021: €165k
2022: €133k
2023: €122k
2024: €104k
2018 → 2025
Net result
€6k
2024 · €-7k
2018: €-25k
2019: €8k
2020: €472
2021: €4k
2022: €6k
2023: €-10k
2024: €-7k
2018 → 2025
Working capital
€-12k▲ 25.7%
2024 · €-17k
2018: €11k
2019: €7k
2020: €332
2021: €-3k
2022: €10k
2023: €-6k
2024: €-17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€70k▲ 8.9%€61k▼ 13.5%€54k▼ 10.7%€60k▲ 10.2%
Operating result€11k-€9k▼ 17.1%€-6k€-2k▲ 71.8%€8k
Net result€4k-€6k▲ 30.8%€-10k€-7k▲ 31.4%€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€88k ▼ 4.1%
Current assets
€5k ▼ 56.9%
Equity and liabilities €93k
Equity
€60k ▲ 10.2%
Debt
€34k ▼ 32.9%
Debt's share of the balance-sheet total falls from 48.0% to 35.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €2k
Cash flow
€7k▲
2024 · €-3k
Current ratio
0.31▼
2024 · 0.43
Debt to equity
0.56▼
2024 · 0.92
ROE
9.2%▲
2024 · -12.0%
ROA
5.9%▲
2024 · -6.3%
Interest coverage
5.41▲
2024 · 1.09
Debt ≤ 1 year
€18k▼
2024 · €29k
Debt > 1 year
€16k▼
2024 · €21k
Income taxes
€341▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€104k€93k▼
Fixed assets21/28€92k€88k▼
Tangible fixed assets22/27€92k€88k▼
Land and buildings22€90k€88k▼
Furniture and vehicles24€2k€0▼
Current assets29/58€13k€5k▼
Amounts receivable within one year40/41€11k€5k▼
Trade receivables40€0€2k▲
Other amounts receivable41€11k€3k▼
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€104k€93k▼
Equity10/15€54k€60k▲
Contributions10/11€19k€19k=
Reserves13€47k€47k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€-11k€-6k▲
Amounts payable17/49€50k€34k▼
Amounts payable after more than one year17€21k€16k▼
Financial debts170/4€21k€16k▼
Amounts payable within one year42/48€29k€18k▼
Current portion of amounts payable after more than one year42€7k€5k▼
Financial debts43€6k€198▼
Credit institutions430/8€6k€198▼
Trade debts44€2k€363▼
Suppliers440/4€2k€363▼
Taxes, remuneration and social security45-€686
Taxes450/3-€686
Other amounts payable47/48€15k€11k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€4k€11k▲
Operating profit (loss)9901€-2k€8k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-4k€6k▲
Income taxes67/77€3k€341▼
Profit (loss) for the period9904€-7k€6k▲
Profit (loss) for the period to be appropriated9905€-7k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-6k▲
Profit (loss) brought forward from the previous period14P€-5k€-11k▼
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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
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, Arendonk · 1 establishment unit since 2001
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.
De Vloed 272370 ArendonkGround area
788 m²
Building footprint
227 m²
Volume, LiDAR
1,071 m³
Parcel 13322E0016/00D000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Vloed 27, 2370 Arendonk
since 20012.116.609.086
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322E0016/00D000 | Flanders | 788 m² | 1 · 227 m² | 7.7 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
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BE 1020.490.973
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JéLéPi
BE 0779.655.118
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SELMAR
BE 0753.680.102
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JESSOLI
BE 0716.757.051
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MY FLASH
BE 0721.566.964
Machelen (Brab.) · Eq €60,140
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
82990Other business support services
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.