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DE GRAUWE Willy

Active
Private limited companyfounded 1994active for 32 yearsHoofdstraat (APP) 14, 9200 Dendermonde, BelgiumKBO/BCE: BE 0453.688.794
Summary

DE GRAUWE Willy has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €167,917. Equity has been growing by about 9% per year since 2018. Its solvency ranks better than 84% of 2,797 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-10-1994 Normal situation
Activity
General construction of residential buildings NACE 41001
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.069.331.286 9200 Dendermonde, since 13-12-1994
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • De Grauwe WillyDirector · since 25-10-1994

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€577,895
▲ 28.4%
Turnover
≈ €1.2m
estimated
Profit
€167,917
▼ 12.7%
Equity
€2.1m
▲ 6.7%
Total assets
€2.8m
▲ 9.3%
Employees on 31-12-2025
5
  • 2025 accounts filed 72 days after the deadline
Score breakdownraises riskLast filed accounts filed 72 days late; 3 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 1994Equity €2.1m (74.4% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 99-1
equity 74.4% of total assets
Liquidity 57-5
short-term debt 23.7% · cash 12.3%
Profitability 76-2
return on assets 6.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 3.3% 01-2025: 5.1%▲ +1.8 percentage points vs 12-2024highest value 02-2025: 1.6%▼ -3.5 percentage points vs 01-2025 03-2025: 1.1%▼ -0.5 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.4 percentage points vs 07-2025 09-2025: 1.8%▲ +0.2 percentage points vs 08-2025 10-2025: 2.3%▲ +0.5 percentage points vs 09-2025 11-2025: 0.2%▼ -2.1 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.25 (2.23 in 2024), above the usual 1.5. Short-term debt is 23.7% and cash 12.3% of total assets. 25.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 83% of them on solvency, 61% on liquidity, 54% on profitability and 49% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 72 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Equity €2.1m (74.4% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 72 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-10-2026, 72 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
72 days late
2024
92 days late
2023
177 days late
2022
102 days late
2021
97 days late
2020
114 days late
2019
142 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 114 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 November (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in construction of buildingssector median €196,253 · 2,797 companies €2.1m View
  • Positive: 8 profitable years in a rowprofit 2025: €167,917 8 years View

Recent changes

  1. · Gazette deed Registered office moved within DendermondeNew seat: Hoofdstraat 14 bus 6, 9200 Dendermonde · Previous seat: Heirstraat 19, 9200 Dendermonde · Permanent representative: Iris Carsau
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as DE GRAUWE Willy: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.4m and €3.3m, founded between 1991 and 2002.

CompanyTotal assetsGross margin
DE GRAUWE Willy Dendermonde€2.8m€0.6m
WILLEKENS BOUWWERKEN Peer€2.9m€0.6m
DAN - CO Bouwwerken Maldegem€3.3m€0.5m
BOUWONDERNEMING KEPPENS KRIS Wichelen€2.4m€0.4m
DEWEBO Stekene€2.6m€0.9m
Algemene Bouwwerken BEN AERDEN Kalmthout€3.3m€0.6m
Structabo ECV Geel€3.0m€0.6m
Full comparison

Key facts about DE GRAUWE Willy

What is the company number of DE GRAUWE Willy?
The company number of DE GRAUWE Willy is 0453.688.794. The VAT number is the same number with BE in front: BE 0453.688.794.
Where is DE GRAUWE Willy based?
The registered office is at Hoofdstraat (APP) 14, 9200 Dendermonde.Company details
What does DE GRAUWE Willy do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of DE GRAUWE Willy?
The legal form of DE GRAUWE Willy is Private limited company (BV).
When was DE GRAUWE Willy founded?
DE GRAUWE Willy was founded on 25-10-1994.
Is DE GRAUWE Willy still active?
Yes, DE GRAUWE Willy is an active enterprise in the KBO register.
How many employees does DE GRAUWE Willy have?
DE GRAUWE Willy had an average of 5.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DE GRAUWE Willy fall under?
In its 2025 annual accounts, DE GRAUWE Willy states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of DE GRAUWE Willy?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €577,895 and 30 comparable companies (NACE 41001). It probably lies between €990,000 and €1.8m.
Is DE GRAUWE Willy profitable?
In financial year 2025, DE GRAUWE Willy made a profit of €167,917.
Where can I find the annual accounts of DE GRAUWE Willy?
DE GRAUWE Willy filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE GRAUWE Willy due?
DE GRAUWE Willy must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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