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DESWE

Active Public limited companyfounded 1978active for 48 yearsKeldermansvest 80, 2800 MechelenKBO/BCE: BE 0418.488.682 #10 oldest company in the province of Antwerp, Repair and installation of machinery sector

Lifetime

20 annual accounts with figures on one time axis, 47 filings since 1979
peak €91,920 (2021)
€67,410▼ 13.9%
lowest -€33,214 (2011)
€41,757▲ 3.1%
peak €569,980 (2025)
€569,980▲ 7.6%
€4,563▼ 8.6%
peak 1 FTE (2010)
-not published
Board4 names since 2022
3 directors and 2 others
Documentsfilings and deeds
15-06-202646 days before the deadline
2025abbreviated format
Gross margin from €78,278 to €67,410Dividend €1,623Cash from €204,074 to €42,172

Key points

from the 2025 annual accounts

Equity

€569,980 ▲ 7.6%

DESWE has made a profit without a break since 2013.

Filings

47 annual accounts since 1979
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 11 to 54 days before the end of the period.

Position in the sector

99.2%

Higher solvency than 95% of companies in repair and installation of machinery. Sector median 37.8% · 585 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as DESWE has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,135 companies, not a prediction for DESWE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Managing director
Managing director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0418488682
1 director appointed, 1 resignation Changes of role: (director) and (director) · Resignation: · Appointment: (director) · General meeting of 15-06-2023 · Gazette deed
3 directors appointed, 4 resignations Resignations: , , and · Appointments: , and · General meeting of 21-06-2022 · Gazette deed
First establishment Keldermansvest 80, Mechelen
All 59 events

Comparable companies

same main activity, similar in size and age
Company
DESWE Mechelen €574,543 €67,410 99.2% -
WERKHUIZEN FLORIMOND KETELS Ghent €462,841 €63,621 96.7% 1
ANTWERP UNDERWATER SALVAGE Antwerp €571,365 €111,801 42.0% 1
DEMAR IMPORT Kuurne €524,464 €45,603 35.4% -
AUTO NAUTIC SERVICE Manage €534,926 €93,858 33.8% -
ESCAPE Heist-op-den-Berg €436,593 €25,924 25.6% -
WILLEM DE BOER Schoten €718,361 €23,698 92.1% -

These companies have the same main activity as DESWE: repair, maintenance and installation of machinery and equipment (NACE 33150). They are comparable in size and age: total assets between €437,000 and €718,000, founded between 1978 and 1996.

Official details

Source: KBO
Status
Active since 08-06-1978Normal situation
Activity
Repair, maintenance and installation of machinery and equipmentNACE 33150and 1 other
Establishment unit
2.015.180.2452800 Mechelen, since 01-08-1978
Financial year end
31 December
Peppol
Reachable since 20-01-2025
Company details

Annual accounts 2025

≈ €190,000estimated
€574,543▲ 7.4%
Filing
Filed on 15-06-2026, 46 days before the end of the filing period
Financials

Insights on DESWE

DESWE files the abbreviated format. That format states no turnover. The gross margin rose from €19,557 in 2006 to €67,410 in 2025.

The balance sheet grew most from 2008 to 2010 through fixed assets.

In August 2023, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DESWE

What is the company number of DESWE?
The company number of DESWE is 0418.488.682. The VAT number is the same number with BE in front: BE 0418.488.682.
Where is DESWE based?
The registered office is at Keldermansvest 80, 2800 Mechelen.Company details
What does DESWE do?
According to the KBO register, the main activity is repair, maintenance and installation of machinery and equipment (NACE 33150).
What is the legal form of DESWE?
DESWE is a public limited company (NV).
When was DESWE founded?
DESWE was founded on 08-06-1978.
Is DESWE still active?
Yes, DESWE is an active enterprise in the KBO register.
What is the turnover of DESWE?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €67,410 and 1,299 comparable companies of the same size. It probably lies between €120,000 and €360,000. It is a rough estimate.Financials
Is DESWE profitable?
In financial year 2025, DESWE made a profit of €41,757.
Where can I find the annual accounts of DESWE?
DESWE filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DESWE due?
DESWE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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