D.E.W.
ActiveSummary
D.E.W. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €294,609 and a net result of €6,276. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 37% of 1012 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▼-21
Solvency59▼-11
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 2.13 against 2.97 in 2024; short-term debt: 37.1% and cash: 4.2% of total assets), but 65.7% of the assets are financed with debt.
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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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← 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
34.3%
Return on assets
0.7%
Age of the figures
15 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 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
3 d late
2023
1 d early
2022
1 d early
2021
28 d early
2020
18 d late
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€294,609▲ 2.2%
2024 · €288,334
Total assets
€857,808▲ 33.4%
2024 · €642,974
Net result
€6,276▼ 46.2%
2024 · €11,668
Working capital
€359,369▲ 21.8%
2024 · €295,048
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€19,607€27,193€12,365▼ 54.5%€26,342▲ 113%€19,513▼ 25.9%
Net result-€28,849below the sector's middle half€9,120below the sector's middle half€1,165below the sector's middle half▼ 87.2%€11,668within the sector's middle half▲ 901%€6,276within the sector's middle half▼ 46.2%
Equity€266,463within the sector's middle half▼ 9.8%€275,583within the sector's middle half▲ 3.4%€276,749within the sector's middle half▲ 0.4%€288,334above the sector's middle half▲ 4.2%€294,609above the sector's middle half▲ 2.2%
Total assets€777,959within the sector's middle half▼ 8.0%€803,028within the sector's middle half▲ 3.2%€723,377within the sector's middle half▼ 9.9%€642,974above the sector's middle half▼ 11.1%€857,808above the sector's middle half▲ 33.4%
Debt€511,496▼ 7.1%€527,445▲ 3.1%€446,628▼ 15.3%€354,641▼ 20.6%€563,199▲ 58.8%
Working capital€371,033within the sector's middle half▲ 16.8%€358,917within the sector's middle half▼ 3.3%€329,146within the sector's middle half▼ 8.3%€295,048above the sector's middle half▼ 10.4%€359,369above the sector's middle half▲ 21.8%
Solvency34.3%within the sector's middle half▼ 0.7pp34.3%within the sector's middle half▲ 0.1pp38.3%within the sector's middle half▲ 3.9pp44.8%within the sector's middle half▲ 6.6pp34.3%within the sector's middle half▼ 10.5pp
Current ratio3.02above the sector's middle half▲ 0.862.50within the sector's middle half▼ 0.522.65above the sector's middle half▲ 0.152.97above the sector's middle half▲ 0.332.13within the sector's middle half▼ 0.84
Return on assets (ROA)-3.7%below the sector's middle half▼ 3.9pp1.1%below the sector's middle half▲ 4.8pp0.2%below the sector's middle half▼ 1.0pp1.8%within the sector's middle half▲ 1.7pp0.7%within the sector's middle half▼ 1.1pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
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 falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €857,808
Fixed assets
€180,252 ▼ 9.2%
Current assets
€677,556 ▲ 52.4%
Equity and liabilities €857,808
Equity
€294,609 ▲ 2.2%
Debt
€563,199 ▲ 58.8%
Debt's share of the balance-sheet total rises from 55.2% to 65.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30,539▼
2024 · €37,691
Cash flow
€17,301▼
2024 · €23,018
Quick ratio
1.10▼
2024 · 2.59
Debt to equity
1.91▲
2024 · 1.23
ROE
2.1%▼
2024 · 4.0%
Interest coverage
3.24▼
2024 · 5.63
Debt ≤ 1 year
€318,187▲
2024 · €149,505
Debt > 1 year
€241,406▲
2024 · €205,136
Income taxes
€4,709▼
2024 · €8,284
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €9,738 | - |
| Remuneration, social security and pensions62 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,846 | €10,828 | €10,210 | €11,350 | €11,026 | ▼ 2.9% |
| Other operating charges640/8 | - | €2,644 | €4,970 | €4,760 | €2,826 | ▼ 40.6% |
| Non-recurring operating charges66A | - | €2,182 | €0 | €45,513 | €0 | ▼ 100% |
| Gross operating margin9900 | €9,351 | €42,847 | €27,544 | €87,965 | €33,364 | ▼ 62.1% |
| Operating profit (loss)9901 | -€19,607 | €27,193 | €12,365 | €26,342 | €19,513 | ▼ 25.9% |
| Financial income75/76B | - | €6,101 | €400 | €302 | €899 | ▲ 197% |
| Recurring financial income75 | €6,000 | €6,101 | €400 | €302 | €899 | ▲ 197% |
| Financial charges65/66B | - | €16,466 | €7,263 | €6,692 | €9,427 | ▲ 40.9% |
| Recurring financial charges65 | €8,618 | €16,466 | €7,263 | €6,692 | €9,427 | ▲ 40.9% |
| Profit (loss) for the period before taxes9903 | -€22,225 | €16,828 | €5,501 | €19,952 | €10,985 | ▼ 44.9% |
| Income taxes67/77 | €6,624 | €7,708 | €4,336 | €8,284 | €4,709 | ▼ 43.2% |
| Profit (loss) for the period9904 | -€28,849 | €9,120 | €1,165 | €11,668 | €6,276 | ▼ 46.2% |
| Profit (loss) for the period to be appropriated9905 | -€28,849 | €9,120 | €1,165 | €11,668 | €6,276 | ▼ 46.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €777,959 | €803,028 | €723,377 | €642,974 | €857,808 | ▲ 33.4% |
| Fixed assets21/28 | €223,121 | €204,470 | €194,260 | €198,421 | €180,252 | ▼ 9.2% |
| Tangible fixed assets22/27 | €223,121 | €204,470 | €194,260 | €198,421 | €180,252 | ▼ 9.2% |
| Land and buildings22 | - | €197,614 | €189,623 | €181,631 | €173,640 | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €6,856 | €4,638 | €5,867 | €6,613 | ▲ 12.7% |
| Furniture and vehicles24 | - | €0 | - | €10,923 | €0 | ▼ 100% |
| Current assets29/58 | €554,839 | €598,558 | €529,116 | €444,553 | €677,556 | ▲ 52.4% |
| Amounts receivable after more than one year29 | - | €150,000 | €0 | - | - | - |
| Trade receivables290 | - | €150,000 | €0 | - | - | - |
| Stocks and contracts in progress3 | €111,130 | €19,700 | €96,700 | €56,901 | €326,081 | ▲ 473% |
| Stocks30/36 | - | €19,700 | €96,700 | €56,901 | €326,081 | ▲ 473% |
| Amounts receivable within one year40/41 | €204,267 | €334,833 | €296,166 | €282,158 | €273,800 | ▼ 3.0% |
| Trade receivables40 | - | €174,073 | €172,199 | €208,004 | €214,678 | ▲ 3.2% |
| Other amounts receivable41 | - | €160,761 | €123,967 | €74,155 | €59,122 | ▼ 20.3% |
| Cash at bank and in hand54/58 | €3,929 | €4,706 | €46,810 | €54,417 | €36,082 | ▼ 33.7% |
| Deferred charges and accrued income490/1 | - | €89,318 | €89,440 | €51,077 | €41,594 | ▼ 18.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €777,959 | €803,028 | €723,377 | €642,974 | €857,808 | ▲ 33.4% |
| Equity10/15 | €266,463 | €275,583 | €276,749 | €288,334 | €294,609 | ▲ 2.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €276,713 | €276,713 | €276,713 | €276,713 | €276,713 | = |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | €274,853 | €276,713 | €276,713 | €276,713 | = |
| Profit (loss) carried forward14 | -€28,849 | -€19,729 | -€18,564 | -€6,979 | -€704 | ▲ 89.9% |
| Amounts payable17/49 | €511,496 | €527,445 | €446,628 | €354,641 | €563,199 | ▲ 58.8% |
| Amounts payable after more than one year17 | €327,690 | €287,804 | €246,657 | €205,136 | €241,406 | ▲ 17.7% |
| Financial debts170/4 | - | €287,804 | €246,657 | €205,136 | €241,406 | ▲ 17.7% |
| Amounts payable within one year42/48 | €183,806 | €239,641 | €199,971 | €149,505 | €318,187 | ▲ 113% |
| Current portion of amounts payable after more than one year42 | - | €39,390 | €41,147 | €41,987 | €37,794 | ▼ 10.0% |
| Financial debts43 | - | €10,456 | €0 | €758 | €191,494 | ▲ 25,155% |
| Credit institutions430/8 | - | €10,456 | €0 | €758 | €191,494 | ▲ 25,155% |
| Trade debts44 | €122,089 | €116,007 | €140,008 | €80,604 | €63,803 | ▼ 20.8% |
| Suppliers440/4 | - | €116,007 | €140,008 | €80,604 | €63,803 | ▼ 20.8% |
| Advances received on contracts in progress46 | - | €7,464 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €22,415 | €8,696 | €8,425 | €4,709 | ▼ 44.1% |
| Taxes450/3 | - | €22,415 | €8,696 | €8,425 | €4,709 | ▼ 44.1% |
| Other amounts payable47/48 | - | €43,908 | €10,120 | €17,731 | €20,388 | ▲ 15.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €3,606 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,849 | €9,120 | €1,165 | €11,668 | €6,276 | ▼ 46.2% |
| + Depreciation and write-downs630 | €28,846 | €10,828 | €10,210 | €11,350 | €11,026 | ▼ 2.9% |
| Operating cash flow (approximation) | -€3 | €19,948 | €11,376 | €23,018 | €17,301 | ▼ 24.8% |
| Investment in fixed assets (approximation) | - | €7,823 | €0 | -€15,511 | €7,143 | ▲ 146% |
| Change in cash | - | €778 | €42,104 | €7,607 | -€18,335 | ▼ 341% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Highest result since 2019net €11,668 ▲901%
Net result €11,668, the highest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €9,120
Net result €9,120 after one loss-making year.
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet -€28,849
Net result drops to -€28,849, the lowest in the series; recovery starts the following year.
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Nazareth-De Pinte · 1 establishment unit since 2004
Ground area
3,011 m²
Building footprint
229 m²
Volume, LiDAR
1,086 m³
Parcel 44048H0070/00E000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
D.E.W.
since 20042.136.868.131
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048H0070/00E000 | Flanders | 3,011 m² | 1 · 229 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Recognised contractor
9 categoriesD.E.W. BV42743
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Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 795 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2003
Fiscal year end30-06
Activities, NACEBEL 2025
42110Construction of roads and motorways
46180Agents specialised in the wholesale of other particular products
56301Cafés and bars
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479912745
Also
9925:BE0479912745
Registered
29-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.