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Generated 13-08-2026
Active BE 0756.750.250Private limited company

D&W Ninove

Breydelstraat 1 ·2018 Antwerpen, Belgium· 5 yrs active
Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen (47110)
Conclusion Checked

The computed 12-month bankruptcy probability of D&W Ninove is 1.9% (moderate). The 2025 annual accounts show equity of €444k and a net result of €-46k. Its solvency ranks better than 35% of 478 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €444k
Net result €-46k
Staff (FTE) 39.6
Better than sector 35%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health46Profitability0Solvency22Growth78Stability94
48 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 46
Profitability 0
Solvency 22
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
46 / 100 Fair
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 10-09-2025 with the NBB · fiscal year 2025 · verkort
€-100k€-50k€0€50kOperating result 2023: €68k€68kNet result 2023: €-86k€-86kOperating result 2025: €73k€73kNet result 2025: €-46k€-46k20232025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 12.4% 21.2%
better than 35% of 478 sector peers
Net result €-46k €33k
better than 15% of 476 sector peers
Equity €444k €166k
better than 75% of 478 sector peers
Gross operating margin €2.24M €282k
better than 92% of 478 sector peers
Staff costs €1.56M €212k
higher than 91% of 385 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€340k
-1.8% 23-25
Net profit
€-46k
+46.3% 23-25
Cash flow
€221k
+14.9% 23-25
Total assets
€3.59M
+9.5% 23-25
Equity
€444k
- 23-25
Working capital
€175k
- 23-25
Employees (FTE)
40
+8.8% 23-25
Staff costs
€1.56M
+21.4% 23-25
Income taxes
€41
-75.0% 23-25
Debt
€3.15M
-5.7% 23-25
Debt ≤ 1y
€1.81M
+18.3% 23-25
Debt > 1y
€1.33M
-26.1% 23-25
Current ratio
1.10
+32.5% 23-25
Quick ratio
0.90
+55.8% 23-25
Solvency
12.4%
- 23-25
Debt / equity
7.08
- 23-25
ROE
-10.4%
- 23-25
ROA
-1.3%
+50.9% 23-25
Interest coverage
2.81
+25.2% 23-25
Figures by fiscal year
Fiscal year2025
Depositverkort
Revenue-
EBITDA€340k
Net profit€-46k
Cash flow€221k
Staff costs€1.56M
Income taxes€41
Dividends-
Total assets€3.59M
Equity€444k
Debt€3.15M
of which ≤ 1y€1.81M
of which > 1y€1.33M
Working capital€175k
Employees (FTE)39.6
Ratios (computed)
2025
Current ratio1.10
Quick ratio0.90
Working capital ratio4.9%
Solvency12.4%
Debt / equity7.08
Long-term debt ratio3.00
Interest coverage2.81
Gross margin-
Net margin-
ROA-1.3%
ROE-10.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€3.59M
Fixed assets 21/28€1.60M
Tangible fixed assets 22/27€1.60M
Current assets 29/58€1.99M
Stocks & contracts in progress 3€362k
Amounts receivable within one year 40/41€782k
Cash & bank 54/58€654k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.59M
Equity 10/15€444k
Contributions / capital 10/11€2k
Reserves 13€442k
Amounts payable 17/49€3.15M
Amounts payable after one year 17€1.33M
Amounts payable within one year 42/48€1.81M
Trade debts payable within one year 44€927k
Income statement
Gross operating margin 9900€2.24M
Operating result 9901€73k
Financial income 75€2k
Financial charges 65€121k
Result before taxes 9903€-46k
Income taxes 67/77€41
Net result for the period 9904€-46k
Result to be appropriated 9905€-46k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Willemsens Peter
    Director
    State Gazette act 24100886 (04-07-2024)
    Current
    01-03-2024 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form Private limited company(610)
Incorporation19-10-2020
StatusActive
Postal code2018
Establishment units 1 location
Supermarkt Albert Heijn
Ring-West 21-23, 9400 NinoveDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
since 20202.312.623.322
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41362B0121/00K002 Flanders 1,514 m² - -
11808H1259/00A000 Flanders 132 m² 1 · 132 m² 23.3 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
10-09-2025
NBB filing Annual accounts filed
fiscal year 2025 · verkort
2024
23-09-2024
NBB filing Annual accounts filed
fiscal year 2024 · verkort
04-07-2024
State Gazette act Director changes
2023
02-10-2023
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2022
07-10-2022
NBB filing Annual accounts filed
fiscal year 2022 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
04-07-2024 Willemsens Peter appointed as director Director changes
  • Willemsens Peter, Bestuurder
Technical details 
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      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Willemsens Peter",
        "address": "2330 Merksplas, Leopoldstraat 1 bus 3",
        "birth_date": null,
        "profession": null,
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      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": "2024-03-01",
      "evidence_quote": "Tijdens de algemene vergadering gehouden op 01/03/2024 wordt besloten om Dhr. Willemsens Peter, wonende te 2330 Merksplas, Leopoldstraat 1 bus 3 te benoemen tot bijkomend bestuurder.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
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  "notary": {
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    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-07-04",
    "filing_date": "2024-06-14",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-03-01",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0756.750.250",
    "name_full": "D\u0026W Ninove",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
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    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114
Primary activity highlighted.
Names & trade names
Legal nameNL D&W Ninove
Registered office
Breydelstraat 1
2018 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative