DBW CONSTRUCT
Open bankruptcyFinancials · financial year 2024, micro format
Equity
€12,105▼ 65.2%
2023 · €34,792
Total assets
€27,904▼ 72.0%
2023 · €99,588
Net result
-€22,687▲ 57.6%
2023 · -€53,481
Working capital
€4,505▼ 60.6%
2023 · €11,431
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €22,194 in 2024 against €52,851 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€22,194
2024
Net result-€22,687
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€27,904
2024
Equity€12,105
2024
Debt€15,798
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€4,505
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-81.3%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency43.4%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.34
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0.6
2019
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€82,823--€117,279-€36,686▲ 68.7%-€26,282▲ 28.4%-€18,257▲ 30.5%-€52,851▼ 189%-€22,194▲ 58.0%
Net result€45,198--€122,307-€46,366below the sector's middle half▲ 62.1%-€35,683below the sector's middle half▲ 23.0%-€6,350below the sector's middle half▲ 82.2%-€53,481below the sector's middle half▼ 742%-€22,687below the sector's middle half▲ 57.6%
Equity€298,978-€176,671▼ 40.9%€130,306above the sector's middle half▼ 26.2%€94,623within the sector's middle half▼ 27.4%€88,273within the sector's middle half▼ 6.7%€34,792within the sector's middle half▼ 60.6%€12,105below the sector's middle half▼ 65.2%
Total assets€819,402-€595,704▼ 27.3%€411,624above the sector's middle half▼ 30.9%€453,551above the sector's middle half▲ 10.2%€160,941within the sector's middle half▼ 64.5%€99,588within the sector's middle half▼ 38.1%€27,904below the sector's middle half▼ 72.0%
Debt€520,424-€419,033▼ 19.5%€281,318▼ 32.9%€358,928▲ 27.6%€72,667▼ 79.8%€64,796▼ 10.8%€15,798▼ 75.6%
Working capital€186,173-€62,415▼ 66.5%€13,717within the sector's middle half▼ 78.0%-€75,574below the sector's middle half€64,596within the sector's middle half€11,431within the sector's middle half▼ 82.3%€4,505within the sector's middle half▼ 60.6%
Solvency36.5%-29.7%▼ 6.8pp31.7%within the sector's middle half▲ 2.0pp20.9%within the sector's middle half▼ 10.8pp54.8%within the sector's middle half▲ 34.0pp34.9%within the sector's middle half▼ 19.9pp43.4%within the sector's middle half▲ 8.4pp
Current ratio1.39-1.16▼ 0.231.05within the sector's middle half▼ 0.110.78below the sector's middle half▼ 0.281.89within the sector's middle half▲ 1.111.18within the sector's middle half▼ 0.711.34within the sector's middle half▲ 0.16
Return on assets (ROA)5.5%--20.5%▼ 26.0pp-11.3%below the sector's middle half▲ 9.3pp-7.9%below the sector's middle half▲ 3.4pp-3.9%below the sector's middle half▲ 3.9pp-53.7%below the sector's middle half▼ 49.8pp-81.3%below the sector's middle half▼ 27.6pp
Staff (FTE)2.3-0.6▼ 73.9%
above
within
below
the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27,904
Fixed assets
€10,000 ▼ 57.2%
Current assets
€17,904 ▼ 76.5%
Equity and liabilities €27,904
Equity
€12,105 ▼ 65.2%
Debt
€15,798 ▼ 75.6%
Debt's share of the balance-sheet total falls from 65.1% to 56.6%. Equity and debt are lower.
Key figures and ratios
Debt to equity
1.31▼
2023 · 1.86
ROE
-187.4%▼
2023 · -153.7%
Debt ≤ 1 year
€13,398▼
2023 · €64,796
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €97,176 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,297 | €6,454 | €5,630 | €5,514 | €316 | €316 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €28,710 | - | - | - |
| Other operating charges640/8 | - | - | - | €9,422 | €8,811 | €6,704 | €5,716 | ▼ 14.7% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €13,361 | - |
| Gross operating margin9900 | €165,342 | -€82,521 | -€20,049 | -€11,346 | €19,581 | -€45,830 | -€3,116 | ▲ 93.2% |
| Operating profit (loss)9901 | €82,823 | -€117,279 | -€36,686 | -€26,282 | -€18,257 | -€52,851 | -€22,194 | ▲ 58.0% |
| Financial income75/76B | - | - | - | €134 | €26,153 | €1 | - | - |
| Recurring financial income75 | €278 | €1,062 | €928 | €134 | €26,153 | €1 | - | - |
| Financial charges65/66B | - | - | - | €8,479 | €13,813 | €631 | €493 | ▼ 21.9% |
| Recurring financial charges65 | €15,927 | €5,978 | €7,656 | €8,479 | €13,813 | €631 | €493 | ▼ 21.9% |
| Profit (loss) for the period before taxes9903 | €77,689 | -€122,195 | -€43,414 | -€34,627 | -€5,917 | -€53,481 | -€22,687 | ▲ 57.6% |
| Income taxes67/77 | €32,490 | €112 | €2,952 | €1,056 | €433 | - | - | - |
| Profit (loss) for the period9904 | €45,198 | -€122,307 | -€46,366 | -€35,683 | -€6,350 | -€53,481 | -€22,687 | ▲ 57.6% |
| Profit (loss) for the period to be appropriated9905 | €45,198 | -€122,307 | -€46,366 | -€35,683 | -€6,350 | -€53,481 | -€22,687 | ▲ 57.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €819,402 | €595,704 | €411,624 | €453,551 | €160,941 | €99,588 | €27,904 | ▼ 72.0% |
| Fixed assets21/28 | €155,582 | €150,367 | €146,032 | €192,974 | €23,678 | €23,361 | €10,000 | ▼ 57.2% |
| Tangible fixed assets22/27 | €138,700 | €133,485 | €129,150 | €178,324 | €13,678 | €13,361 | - | - |
| Land and buildings22 | - | - | - | €174,799 | €13,678 | €13,361 | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,816 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €1,710 | - | - | - | - |
| Financial fixed assets28 | €16,882 | €16,882 | €16,882 | €14,650 | €10,000 | €10,000 | €10,000 | = |
| Current assets29/58 | €663,820 | €445,337 | €265,591 | €260,577 | €137,263 | €76,227 | €17,904 | ▼ 76.5% |
| Stocks and contracts in progress3 | €70,000 | €148,674 | €49,444 | €22,450 | - | - | - | - |
| Contracts in progress37 | - | - | - | €22,450 | - | - | - | - |
| Amounts receivable within one year40/41 | €383,802 | €200,219 | €181,231 | €214,582 | €109,280 | €64,797 | €16,307 | ▼ 74.8% |
| Trade receivables40 | - | - | - | €128,075 | €54,561 | €10,008 | €2,904 | ▼ 71.0% |
| Other amounts receivable41 | - | - | - | €86,507 | €54,719 | €54,789 | €13,403 | ▼ 75.5% |
| Cash at bank and in hand54/58 | €205,187 | €95,006 | €28,700 | €17,149 | €24,969 | €10,021 | €444 | ▼ 95.6% |
| Deferred charges and accrued income490/1 | - | - | - | €6,397 | €3,014 | €1,408 | €1,153 | ▼ 18.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €819,402 | €595,704 | €411,624 | €453,551 | €160,941 | €99,588 | €27,904 | ▼ 72.0% |
| Equity10/15 | €298,978 | €176,671 | €130,306 | €94,623 | €88,273 | €34,792 | €12,105 | ▼ 65.2% |
| Contributions10/11 | €100,000 | €100,000 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €198,978 | €100,809 | €100,809 | €100,809 | €100,809 | €100,809 | €100,809 | = |
| Non-distributable reserves130/1 | - | - | - | €10,000 | €10,000 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €10,000 | €10,000 | - | - | - |
| Distributable reserves133 | - | - | - | €90,809 | €90,809 | €100,809 | €100,809 | = |
| Profit (loss) carried forward14 | - | -€24,138 | -€70,503 | -€106,186 | -€112,536 | -€166,017 | -€188,703 | ▼ 13.7% |
| Amounts payable17/49 | €520,424 | €419,033 | €281,318 | €358,928 | €72,667 | €64,796 | €15,798 | ▼ 75.6% |
| Amounts payable after more than one year17 | €42,777 | €36,111 | €29,444 | €22,777 | - | - | - | - |
| Financial debts170/4 | - | - | - | €22,777 | - | - | - | - |
| Amounts payable within one year42/48 | €477,647 | €382,923 | €251,874 | €336,151 | €72,667 | €64,796 | €13,398 | ▼ 79.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,667 | - | - | - | - |
| Financial debts43 | - | - | - | €250,000 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €250,000 | - | - | - | - |
| Trade debts44 | €276,144 | €317,837 | €18,079 | €71,313 | €48,054 | €23,439 | €5,684 | ▼ 75.8% |
| Suppliers440/4 | - | - | - | €71,313 | €48,054 | €23,439 | €5,684 | ▼ 75.8% |
| Taxes, remuneration and social security45 | - | - | - | €2,194 | €19,048 | €5,871 | €66 | ▼ 98.9% |
| Taxes450/3 | - | - | - | €2,194 | €19,048 | €5,871 | €66 | ▼ 98.9% |
| Other amounts payable47/48 | - | - | - | €5,978 | €5,566 | €35,486 | €7,649 | ▼ 78.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €2,400 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,198 | -€122,307 | -€46,366 | -€35,683 | -€6,350 | -€53,481 | -€22,687 | ▲ 57.6% |
| + Depreciation and write-downs630 | €7,297 | €6,454 | €5,630 | €5,514 | €316 | €316 | - | - |
| Operating cash flow (approximation) | €52,495 | -€115,853 | -€40,736 | -€30,168 | -€6,034 | -€53,165 | -€22,687 | ▲ 57.3% |
| Investment in fixed assets (approximation) | - | -€1,239 | -€1,295 | -€52,456 | €168,980 | €0 | €13,361 | - |
| Change in cash | - | -€110,181 | -€66,306 | -€11,552 | €7,820 | -€14,948 | -€9,578 | ▲ 35.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 17-07-2025 | 2025-00299079 |
| 31-12-2023 | micro format | 23-09-2024 | 2024-00468188 |
| 31-12-2022 | micro format | 16-10-2023 | 2023-00490557 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20398745 |
| 31-12-2020 | micro format | 05-08-2021 | 2021-46300135 |
| 31-12-2019 | micro format | 20-11-2020 | 2020-71300089 |
| 31-12-2018 | micro format | 01-08-2019 | 2019-43400344 |
| 31-12-2017 | micro format | 21-08-2018 | 2018-48300526 |
| 31-12-2016 | abbreviated format | 07-07-2017 | 2017-28900351 |
| 31-12-2015 | abbreviated format | 29-06-2016 | 2016-24700209 |
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Of the 29,202 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,153. 10,123 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.