DAW ELEC
ActiveThe computed 12-month bankruptcy probability of DAW ELEC is 2.0% (moderate). The 2025 annual accounts show equity of €55k and a net result of €40k. Its solvency ranks better than 74% of 27711 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency94▲+9
Growth78
Track record82
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.09 against 2.37 in 2024; short-term debt: 31% and cash: 56% of total assets), and 31% 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 · Young company
A young company has little track record yet and statistically fails more often than an established 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 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
69%
Return on assets
50.3%
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 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
54 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▲ 268%
2024 · €15k
2024: €15k
2024 → 2025
Total assets
€79k▲ 222%
2024 · €25k
2024: €25k
2024 → 2025
Net result
€40k▲ 210%
2024 · €13k
2024: €13k
2024 → 2025
Working capital
€51k▲ 283%
2024 · €13k
2024: €13k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€15k-€55k▲ 268%
Operating result€17k-€53k▲ 209%
Net result€13k-€40k▲ 210%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 209% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€3k▲ 135%
Current assets
€76k▲ 227%
Equity and liabilities €79k
Equity
€55k▲ 268%
Debt
€25k▲ 151%
The debt ratio falls from 39.7% to 31.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▲
2024 · €18k
Cash flow
€40k▲
2024 · €14k
Solvency
69.0%▲
2024 · 60.3%
Current ratio
3.09▲
2024 · 2.37
Quick ratio
3.09▲
2024 · 2.37
Debt / equity
0.45▼
2024 · 0.66
ROE
72.8%▼
2024 · 86.5%
ROA
50.3%▼
2024 · 52.2%
Interest coverage
17.58▼
2024 · 26.97
Debt
€25k▲
2024 · €10k
Debt ≤ 1 year
€25k▲
2024 · €10k
Income taxes
€10k▲
2024 · €4k
Staff costs
€0▼
2024 · €3k
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€25k€79k▲
Fixed assets21/28€1k€3k▲
Tangible fixed assets22/27€1k€3k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€1k€1k▼
Financial fixed assets28-€355
Current assets29/58€23k€76k▲
Amounts receivable within one year40/41€11k€29k▲
Trade receivables40€7k€22k▲
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€10k€44k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€25k€79k▲
Equity10/15€15k€55k▲
Contributions10/11€2k€2k=
Reserves13€13k€53k▲
Distributable reserves133€13k€53k▲
Amounts payable17/49€10k€25k▲
Amounts payable within one year42/48€10k€25k▲
Trade debts44€5k€629▼
Suppliers440/4€5k€629▼
Taxes, remuneration and social security45€4k€24k▲
Taxes450/3€4k€22k▲
Remuneration and social security454/9€234€2k▲
Other amounts payable47/48€631€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€733€371▼
Other operating charges640/8€1k€484▼
Gross operating margin9900€22k€54k▲
Operating profit (loss)9901€17k€53k▲
Financial income75/76B€177€150▼
Recurring financial income75€177€150▼
Financial charges65/66B€660€3k▲
Recurring financial charges65€660€3k▲
Profit (loss) for the period before taxes9903€17k€50k▲
Income taxes67/77€4k€10k▲
Profit (loss) for the period9904€13k€40k▲
Profit (loss) for the period to be appropriated9905€13k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€40k▲
Transfer to equity691/2€13k€40k▲
To other reserves6921€13k€40k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
NBB filing
Directors · office · real estate
Directors
2 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, Wemmel · 1 establishment unit since 2023
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.
Lt. Graffplein 151780 WemmelGround area
329 m²
Building footprint
221 m²
Volume, LiDAR
1,543 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DAW ELEC
since 20232.351.417.382
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42027A0570/00Y006 | Flanders | 182 m² | 1 · 77 m² | - |
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 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.
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BE 0795.125.133
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BE 0740.733.867
Courcelles · Eq €55k
KDH TECHNICS
BE 0754.457.387
Beveren-Kruibeke-Zwijndrecht · Eq €55k
WE BUILD COMPANY
BE 0782.995.084
Ukkel · Eq €55k
IMALAYA
BE 0563.971.064
Antwerpen · Eq €55k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2023
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.