D-HAW
ActiveSummary
The computed 12-month bankruptcy probability of D-HAW is 2.1% (moderate). The 2025 annual accounts show equity of €33k and a net result of €822. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 55% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+4
Solvency77▲+13
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.69 in 2024; short-term debt: 47.4% of total assets), and 48.2% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
51.8%
Return on assets
1.3%
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 29-08-2026, 29 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
29 d late
2024
21 d late
2023
13 d late
2022
41 d early
2021
23 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
€33k=
2024 · €33k
2021: €24k
2022: €35k
2023: €35k
2024: €33k
2021 → 2025
Total assets
€64k▼ 24.8%
2024 · €85k
2021: €139k
2022: €141k
2023: €123k
2024: €85k
2021 → 2025
Net result
€822
2024 · €-2k
2021: €14k
2022: €11k
2023: €188
2024: €-2k
2021 → 2025
Working capital
€391
2024 · €-16k
2021: €-44k
2022: €-31k
2023: €-22k
2024: €-16k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€35k▲ 46.5%€35k▲ 0.5%€33k▼ 5.0%€33k=
Operating result€19k-€17k▼ 11.0%€2k▼ 85.8%€-569€4k
Net result€14k-€11k▼ 19.5%€188▼ 98.3%€-2k€822
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: €4k after a loss of €569 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€33k ▼ 34.1%
Current assets
€31k ▼ 11.2%
Equity and liabilities €64k
Equity
€33k =
Debt
€31k ▼ 40.6%
Debt's share of the balance-sheet total falls from 61.0% to 48.2%. Debt is lower.
Key figures and ratios
EBITDA
€22k▼
2024 · €24k
Cash flow
€19k▼
2024 · €23k
Current ratio
1.01▲
2024 · 0.69
Quick ratio
0.65▲
2024 · 0.40
Debt to equity
0.93▼
2024 · 1.57
ROE
2.5%▲
2024 · -5.3%
ROA
1.3%▲
2024 · -2.0%
Interest coverage
11.79▲
2024 · 11.21
Debt ≤ 1 year
€30k▼
2024 · €50k
Income taxes
€927▲
2024 · €128
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€85k€64k▼
Fixed assets21/28€51k€33k▼
Intangible fixed assets21€42k€28k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€577€243▼
Financial fixed assets28€700€700=
Current assets29/58€35k€31k▼
Stocks and contracts in progress3€14k€11k▼
Stocks30/36€14k€11k▼
Amounts receivable within one year40/41€17k€18k▲
Trade receivables40€9k€13k▲
Other amounts receivable41€8k€5k▼
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€85k€64k▼
Equity10/15€33k€33k=
Contributions10/11€10k€10k=
Reserves13€23k€23k=
Distributable reserves133€23k€23k=
Amounts payable17/49€52k€31k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€50k€30k▼
Current portion of amounts payable after more than one year42€15k€2k▼
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€22k€17k▼
Suppliers440/4€22k€17k▼
Taxes, remuneration and social security45€988€1k▲
Taxes450/3€988€1k▲
Other amounts payable47/48€12k€10k▼
Accrued charges and deferred income492/3-€522
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€19k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€25k€24k▼
Operating profit (loss)9901€-569€4k▲
Financial income75/76B€1k€97▼
Recurring financial income75€1k€97▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-2k€2k▲
Income taxes67/77€128€927▲
Profit (loss) for the period9904€-2k€822▲
Profit (loss) for the period to be appropriated9905€-2k€822▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€822▼
Profit (loss) brought forward from the previous period14P€25k-
Transfer to equity691/2€23k-
To other reserves6921€23k-
Profit to be distributed694/7-€822
Return on contributions (dividend)694-€822
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Back to profitnet €822
Net result €822 after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet €-2k ▼1029%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 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, Zwevegem · 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.
Ellestraat(Z) 1238550 ZwevegemGround area
1,280 m²
Building footprint
303 m²
Volume, LiDAR
1,239 m³
Parcel 34042B0874/00H000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
D-HAW
since 20202.310.899.492
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042B0874/00H000 | Flanders | 1,280 m² | 1 · 303 m² | 7.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 189 EUR awarded · 189 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 189 EUR | 189 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,791 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
Founded14-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.