DB&W
ActiveDB&W has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €484k and a net result of €1k. Equity is growing by ~26.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▲+1
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 7.57 against 18.5 in 2024), and 30.2% 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 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
69.8%
Return on assets
0.2%
Age of the figures
9 mo
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
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
29 d late
2023
23 d late
2022
24 d late
2021
4 d early
2020
62 d early
2019
13 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€484k▼ 40.5%
2024 · €814k
2019: €173k
2020: €313k
2021: €450k
2022: €688k
2023: €875k
2024: €814k
2019 → 2025
Total assets
€694k▼ 33.9%
2024 · €1.05M
2019: €291k
2020: €649k
2021: €555k
2022: €1.05M
2023: €1.19M
2024: €1.05M
2019 → 2025
Net result
€1k
2024 · €-16k
2019: €53k
2020: €141k
2021: €137k
2022: €239k
2023: €245k
2024: €-16k
2019 → 2025
Working capital
€248k▼ 56.0%
2024 · €563k
2019: €106k
2020: €239k
2021: €385k
2022: €441k
2023: €598k
2024: €563k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€450k-€688k▲ 53.1%€875k▲ 27.1%€814k▼ 6.9%€484k▼ 40.5%
Operating result€199k-€332k▲ 67.0%€359k▲ 8.0%€-33k€-42k▼ 28.6%
Net result€137k-€239k▲ 73.9%€245k▲ 2.6%€-16k€1k
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 stays negative: a loss of €42k in 2025 against €33k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €694k
Fixed assets
€409k▼ 10.1%
Current assets
€285k▼ 52.0%
Equity and liabilities €694k
Equity
€484k▼ 40.5%
Debt
€210k▼ 10.8%
The debt ratio rises from 22.4% to 30.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€7k▼
2024 · €15k
Cash flow
€51k▲
2024 · €31k
Solvency
69.8%▼
2024 · 77.6%
Current ratio
7.57▼
2024 · 18.50
Quick ratio
6.14▼
2024 · 14.95
Debt / equity
0.43▲
2024 · 0.29
ROE
0.2%▲
2024 · -2.0%
ROA
0.2%▲
2024 · -1.6%
Interest coverage
1.14▼
2024 · 2.07
Debt
€210k▼
2024 · €235k
Debt ≤ 1 year
€38k▲
2024 · €32k
Debt > 1 year
€172k▼
2024 · €203k
Income taxes
€19k▲
2024 · €832
Staff costs
€13k▲
2024 · €12k
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€1.05M€694k▼
Fixed assets21/28€454k€409k▼
Tangible fixed assets22/27€454k€409k▼
Land and buildings22€276k€263k▼
Plant, machinery and equipment23€41k€32k▼
Furniture and vehicles24€137k€114k▼
Financial fixed assets28€250€250=
Current assets29/58€595k€285k▼
Stocks and contracts in progress3€114k€54k▼
Stocks30/36€114k€54k▼
Amounts receivable within one year40/41€161k€68k▼
Trade receivables40€48k€68k▲
Other amounts receivable41€113k€390▼
Cash at bank and in hand54/58€273k€120k▼
Deferred charges and accrued income490/1€47k€44k▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€694k▼
Equity10/15€814k€484k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€812k€481k▼
Distributable reserves133€812k€481k▼
Profit (loss) carried forward14€-16k€-15k▲
Amounts payable17/49€235k€210k▼
Amounts payable after more than one year17€203k€172k▼
Financial debts170/4€203k€172k▼
Amounts payable within one year42/48€32k€38k▲
Current portion of amounts payable after more than one year42€29k€16k▼
Trade debts44€323€267▼
Suppliers440/4€323€267▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48-€17k
Accrued charges and deferred income492/3-€45
Income statement
Code20242025
Remuneration, social security and pensions62€12k€13k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€50k▲
Other operating charges640/8€2k€11k▲
Non-recurring operating charges66A€9k€15k▲
Gross operating margin9900€38k€46k▲
Operating profit (loss)9901€-33k€-42k▼
Financial income75/76B€24k€69k▲
Recurring financial income75€2k€1k▼
Non-recurring financial income76B€22k€68k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€-16k€20k▲
Income taxes67/77€832€19k▲
Profit (loss) for the period9904€-16k€1k▲
Profit (loss) for the period to be appropriated9905€-16k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-15k▲
Profit (loss) brought forward from the previous period14P-€-16k
Transfer from equity791/2€44k€331k▲
Profit to be distributed694/7€44k€331k▲
Return on contributions (dividend)694€44k€331k▲
The notes to these accounts (8 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-16k ▼107%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 18.50
Current ratio from 7.04 to 18.50; short-term debt falls from €99k to €32k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Highest result since 2019net €245k ▲2.6%
Operating result €359k, net result €245k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €500kEq €688k ▲53.1%
4 profitable years in a row build equity to €688k.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity triplescurrent ratio 5.04
Current ratio from 1.80 to 5.04; short-term debt falls from €299k to €95k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €200kEq €313k ▲80.9%
2 profitable years in a row build equity to €313k.
13-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-08
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.
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, Lummen · 1 establishment unit since 2009
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.
Vandermarckestraat 433560 LummenGround area
964 m²
Building footprint
158 m²
Volume, LiDAR
743 m³
Parcel 71542D1514/00Z000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DB&W
since 20092.178.942.573
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71542D1514/00Z000 | Flanders | 964 m² | 1 · 158 m² | 7.2 m · 2 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
2022 to 2023 · 2 entries · 54 EUR awarded · 54 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 54 EUR |
| 2022 | 1 | 54 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesDB&W BV38404
Similar companies · same sector, comparable size
FIRMA DEMEULENAERE
BE 0440.250.435
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VennTech
BE 0711.902.202
Waregem · Eq €484k
CAMPS
BE 0443.015.529
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Lift Technics & Services
BE 0889.040.731
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Wanty Energie
BE 0727.572.452
Binche · Eq €480k
Of 4,095 companies in sector 43240 we hold annual accounts for 1,631. 1,002 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2009
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
70200Business and other management consultancy
70220Business consulting
43211General electrical installation work
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.