Equity
DEWA has made a profit in every financial year since 2020.
DEWA has made a profit in every financial year since 2020.
The result rose in 2025 from €14,757 to €78,478.
Of this, €10,983 falls due within a year.
Short-term debts fell from €14,729 to €10,983.
The last five annual accounts were filed 13 to 42 days before the end of the period.
Lower solvency than 82% of companies in legal and accounting. Sector median 56.8% · 15,828 companies.
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 69, micro). It does better than 20% of them on solvency, 36% on liquidity, 26% on profitability and 78% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Liquidity is ample, with a current ratio of 10.08 (6.32 in 2024), above the usual 1.5. Short-term debt is 0.7% and cash 2.4% of total assets. However, 83.5% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 28 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DEWA Lummen | €1.5m | €31,957 | 16.5% | - |
| ELISORA Chaudfontaine | €0.8m | €34,979 | 50.1% | - |
| Audit Inter Relation Ecolys Namur | €1.1m | €44,524 | 99.8% | - |
| Financial, Audit & Accounting Services Marleen Mannekens Deinze | €1.7m | €61,744 | 88.0% | - |
| APiness Binche | €0.8m | €73,651 | 8.9% | - |
| JEAN FOSSION Wezembeek-Oppem | €0.5m | €23,040 | 46.2% | - |
| Christophe Robbeets Bedrijfsrevisor Scherpenheuvel-Zichem | €1.6m | €88,633 | 15.9% | - |
These companies have the same main activity as DEWA: activities of company auditors (NACE 69203). They are comparable in size and age: total assets between €532,000 and €1.7m, founded between 2012 and 2022.
DEWA files the micro format. That format states no turnover. The gross margin fell from €33,980 in 2020 to €31,957 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.