de Waal
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
de Waal has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €289,127. Equity has been growing by about 27% per year since 2021. Its solvency ranks better than 68% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 03-12-2020 Normal situation
- Activity
- Painting of buildings NACE 43341
- Establishment units
- 2.310.542.077 2950 Kapellen, since 03-12-2020
- 2.310.714.402 2950 Kapellen, since 01-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 07-01-2026
Board and ownership
- de Waal Bert JosephinaDirector
- de Waal PaulDirector
- de Waal ThomasDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €3.2m
- ▲ 24.8%
- Turnover
- ≈ €9.0m
- estimated
- Profit
- €289,127
- ▲ 69.6%
- Equity
- €1.3m
- ▲ 28.8%
- Total assets
- €2.2m
- ▲ 34.0%
- Staff
- 41.5 FTE
- ▲ 16.2%
Score breakdownraises riskFounded in 2020lowers riskLiquidity: current ratio 2.43, cash €777,583Equity €1.3m (60.0% of total assets)Figures for financial year 2025 (filed on 19-06-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, small). It does better than 78% of them on solvency, 94% on liquidity, 83% on profitability and 84% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 40 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Result rose in 2025from €170,448 to €289,127 ▲ 69.6% View
- Positive: 3rd largest employer in Kapellen, Construction sectorin the Checked rankings No. 3 View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
- Positive: 5 profitable years in a rowprofit 2025: €289,127 5 years View
- Flemish supportawarded from 2022 to 2025 €55,972 View
Comparable companies
These companies have the same main activity as de Waal: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €875,000 and €3.2m, founded between 2007 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| de Waal Kapellen | €2.2m | €3.2m |
| OLIVER’S RENOVATION Elsene | €0.9m | €1.3m |
| M-PAINTING Hasselt | €1.4m | €2.0m |
| MEULEMAN & CO Kortrijk | €3.0m | - |
| OXCO Painters Gent | €1.5m | €1.2m |
| SCHILDERWERKEN VENNEMAN Opwijk | €2.3m | €1.7m |
| OVS DECORATIE Knokke-Heist | €3.2m | €1.4m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 19-06-2026
- Annual accounts 2024filed on 03-07-2025
- Annual accounts 2023filed on 21-06-2024
- Annual accounts 2022filed on 16-06-2023
Acts in the Belgian Official Gazette
- Amendment of the articlesact of 17-09-2026
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0759.395.083
Key facts about de Waal
- What is the company number of de Waal?
- The company number of de Waal is 0759.395.083. The VAT number is the same number with BE in front: BE 0759.395.083.
- Where is de Waal based?
- The registered office is at Starrenhoflaan 7A, 2950 Kapellen.Company details
- What does de Waal do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of de Waal?
- The legal form of de Waal is Private limited company (BV).
- When was de Waal founded?
- de Waal was founded on 03-12-2020.
- Is de Waal still active?
- Yes, de Waal is an active enterprise in the KBO register.
- How many employees does de Waal have?
- de Waal had an average of 41.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of de Waal?
- The turnover in financial year 2025 is ≈ €9.0m. This figure is estimated from the gross margin of €3.2m and 68 comparable companies (NACE 43). It probably lies between €6.9m and €12.0m.
- Is de Waal profitable?
- In financial year 2025, de Waal made a profit of €289,127.
- Where can I find the annual accounts of de Waal?
- de Waal filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of de Waal due?
- de Waal must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.