DAUWCO
ActiveDAUWCO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316k and a net result of €-20k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15=
Solvency77▲+16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.87 against 2.6 in 2024; short-term debt: 33.1% and cash: 26.1% of total assets), and 47.7% 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 31
Relative position
BE, all sectors
reference
Sector 31
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1919202122232425
2019 to 2025 · latest year €-20k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
27 d early
2023
29 d early
2022
19 d early
2021
15 d early
2020
37 d early
2019
37 d early
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€316k▼ 6.0%
2024 · €336k
2019: €89k
2019: €120k
2020: €221k
2021: €362k
2022: €436k
2023: €462k
2024: €336k
2019 → 2025
Total assets
€604k▼ 34.6%
2024 · €922k
2019: €308k
2019: €304k
2020: €526k
2021: €900k
2022: €717k
2023: €667k
2024: €922k
2019 → 2025
Net result
€-20k▲ 24.0%
2024 · €-26k
2019: €13k
2019: €31k
2020: €102k
2021: €141k
2022: €73k
2023: €27k
2024: €-26k
2019 → 2025
Working capital
€372k▼ 31.5%
2024 · €543k
2019: €127k
2019: €149k
2020: €242k
2021: €441k
2022: €527k
2023: €524k
2024: €543k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€362k-€436k▲ 20.2%€462k▲ 6.1%€336k▼ 27.3%€316k▼ 6.0%
Operating result€192k-€98k▼ 48.7%€37k▼ 62.4%€-31k€-14k▲ 53.6%
Net result€141k-€73k▼ 48.0%€27k▼ 63.7%€-26k€-20k▲ 24.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €31k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €604k
Fixed assets
€32k▼ 17.0%
Current assets
€572k▼ 35.3%
Equity and liabilities €604k
Equity
€316k▼ 6.0%
Debt
€288k▼ 50.9%
The debt ratio falls from 63.6% to 47.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▲
2024 · €-20k
Cash flow
€-9k▲
2024 · €-16k
Solvency
52.3%▲
2024 · 36.4%
Current ratio
2.87▲
2024 · 2.60
Quick ratio
2.00▲
2024 · 1.37
Debt / equity
0.91▼
2024 · 1.75
ROE
-6.4%▲
2024 · -7.9%
ROA
-3.3%▼
2024 · -2.9%
Interest coverage
-0.37▲
2024 · -24.44
Debt
€288k▼
2024 · €587k
Debt ≤ 1 year
€200k▼
2024 · €341k
Debt > 1 year
€81k▼
2024 · €246k
Income taxes
€2
Staff costs
€61k▼
2024 · €84k
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€922k€604k▼
Fixed assets21/28€38k€32k▼
Intangible fixed assets21€7k€5k▼
Tangible fixed assets22/27€31k€27k▼
Plant, machinery and equipment23€7k€7k▲
Furniture and vehicles24€1k€1k▲
Other tangible fixed assets26€23k€18k▼
Current assets29/58€884k€572k▼
Stocks and contracts in progress3€416k€172k▼
Stocks30/36€416k€172k▼
Amounts receivable within one year40/41€193k€240k▲
Trade receivables40€176k€229k▲
Other amounts receivable41€16k€11k▼
Cash at bank and in hand54/58€273k€157k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€922k€604k▼
Equity10/15€336k€316k▼
Contributions10/11€28k€28k=
Reserves13€308k€288k▼
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€305k€285k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€587k€288k▼
Amounts payable after more than one year17€246k€81k▼
Financial debts170/4€246k€0▼
Other amounts payable178/9-€81k
Amounts payable within one year42/48€341k€200k▼
Current portion of amounts payable after more than one year42€1k€0▼
Trade debts44€86k€158k▲
Suppliers440/4€86k€158k▲
Advances received on contracts in progress46-€40k
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€2k€298▼
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€250k€0▼
Accrued charges and deferred income492/3-€8k
Income statement
Code20242025
Remuneration, social security and pensions62€84k€61k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€66k€61k▼
Operating profit (loss)9901€-31k€-14k▲
Financial income75/76B€6k€3k▼
Recurring financial income75€6k€3k▼
Financial charges65/66B€838€8k▲
Recurring financial charges65€838€8k▲
Profit (loss) for the period before taxes9903€-26k€-20k▲
Income taxes67/77-€2
Profit (loss) for the period9904€-26k€-20k▲
Profit (loss) for the period to be appropriated9905€-26k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-20k▲
Transfer from equity791/2€126k€20k▼
Profit to be distributed694/7€100k€0▼
Return on contributions (dividend)694€100k€0▼
Social balance
Average headcount (FTE)90871.41.0▼
The notes to these accounts (15 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-26k ▼199%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 4.53
Current ratio from 2.05 to 4.53; short-term debt falls from €419k to €149k.
16-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2019net €141k ▲38.7%
Operating result €192k, net result €141k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €221k ▲84.9%
3 profitable years in a row build equity to €221k.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €120k ▲34.5%
2 profitable years in a row build equity to €120k.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Aalter · 1 establishment unit since 2014
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.
Léon Bekaertlaan 39880 AalterGround area
5,095 m²
Building footprint
1,312 m²
Volume, LiDAR
7,541 m³
2 parcels, Flanders · tallest building 22.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RVS Swimmingpools
since 20142.231.785.601
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0083/00M000 | Flanders | 3,439 m² | 1 · 1,084 m² | 10.3 m · 2 fl. |
| 44502C0720/00L000 | Flanders | 1,656 m² | 1 · 228 m² | 22.3 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,233 EUR awarded · 419 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 814 EUR | 0 EUR |
| 2023 | 1 | 50 EUR | 419 EUR |
| 2022 | 1 | 369 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 446 companies in sector 31001 we hold annual accounts for 208. 147 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2014
Fiscal year end31-12
Activities, NACEBEL
31001Manufacture of furniture
43990Other specialised construction activities
43999Specialised construction activities
43120Site preparation
43230Insulation installation
43291Specialised construction activities
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
47783Retail trade
47784Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.