Equity
€302,449 ▲ 138%
DEWA-Rent & Retail has made a profit in every financial year since 2022.
DEWA-Rent & Retail
Lifetime
4 annual accounts with figures on one time axisGross marginpeak €805,469 (2025)
€805,469▲ 12.3%
Resultpeak €175,301 (2025)
€175,301▲ 446%
Equitypeak €302,449 (2025)
€302,449▲ 138%
Debts
€1.1m▼ 26.8%
Staffpeak 1.9 FTE (2025)
1.9 FTE▲ 26.7%
Board2 names since 2022
2 directorsDE WAELE Miguel and 1 other
Documentsfilings and deeds
07-07-202624 days before the deadline
2025abbreviated format
Gross margin from €717,262 to €805,469Result from €32,112 to €175,301Staff from 1.5 FTE to 1.9 FTEEquity from €127,149 to €302,449Debts from €1.5m to €1.1mCash from €13,221 to €44,445
Key points
from the 2025 annual accountsResult
€175,301 ▲ 446%
The result rose in 2025 from €32,112 to €175,301.
Turnover
≈ €1.9m estimated
The abbreviated format states no turnover.
Debts
€1.1m 78% of the balance sheet
Financial debts 37%Suppliers 15%Taxes and wages 9%Other 40%
Of this, €695,794 falls due within a year.
Investments
€51,418 0.1 × depreciation
Green is investment, beige is depreciation.
Staff
3 employees on 31-12-2025
In 2025, 2 people joined and 1 left.
Checked score
65
Healthy
Financially stronger than 60% of micro companies in rental and leasing (NACE 77)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,169 companies (NACE 77, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.8%
01-2025: 2.8%● unchanged vs 12-2024
02-2025: 2.8%● unchanged vs 01-2025
03-2025: 2.8%● unchanged vs 02-2025
04-2025: 2.8%● unchanged vs 03-2025
05-2025: 2.8%● unchanged vs 04-2025
06-2025: 2.8%● unchanged vs 05-2025
07-2025: 2.8%● unchanged vs 06-2025
08-2025: 3.8%▲ +1.0 percentage point vs 07-2025
09-2025: 4.3%▲ +0.5 percentage points vs 08-2025highest value
10-2025: 2.6%▼ -1.7 percentage points vs 09-2025
11-2025: 2.4%▼ -0.2 percentage points vs 10-2025
12-2025: 2.4%● unchanged vs 11-2025
01-2026: 2.4%● unchanged vs 12-2025
02-2026: 2.4%● unchanged vs 01-2026
03-2026: 2.4%● unchanged vs 02-2026
04-2026: 2.4%● unchanged vs 03-2026
05-2026: 2.4%● unchanged vs 04-2026
06-2026: 2.7%▲ +0.3 percentage points vs 05-2026
07-2026: 2.9%▲ +0.2 percentage points vs 06-2026
08-2026: 1.4%▼ -1.5 percentage points vs 07-2026lowest value
09-2026: 1.4%● unchanged vs 08-2026lowest value
10-2026: 1.4%● unchanged vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
1 of the last 3 accounts late
Founded in 2022
lowers risk
Size: 1.9 FTE, total assets €1.4m
Figures for financial year 2025 (filed on 07-07-2026)
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 77, micro). It does better than 39% of them on solvency, 26% on liquidity, 80% on profitability and 95% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as DEWA-Rent & Retail has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEWA-Rent & Retail itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,976 companies, not a prediction for DEWA-Rent & Retail. 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
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.46 (0.3 in 2024), below 1. Short-term debt is 50.4% and cash 3.2% of total assets. 78.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
24 days early
2024
60 days late
2023
44 days early
2022
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 3 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% 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 17 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DE WAELE Miguel 50 sharesdeed of 08-03-2022
- GEIRNAERT Elien 50 sharesdeed of 08-03-2022
Recent changes
New establishment in Ghent
Industrieweg 16
New establishment in Ardooie
Oostlaan 1
Incorporation
Founding capital of €5,000, 100 shares · Founders: DE WAELE Miguel and GEIRNAERT Elien · Appointments: DE WAELE Miguel (director) and GEIRNAERT Elien (director) · published on 08-03-2022 · Gazette deed
3 establishments registered
Eeklo, Aalter and Bruges
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| DEWA-Rent & Retail Eeklo | €1.4m | €0.8m | 21.9% | 1.9 |
| CNC Geel | €1.3m | €0.5m | 42.9% | 1.2 |
| MANA RENTAL SERVICE Ostend | €1.7m | €0.6m | 21.1% | 2.6 |
| GREGOIR MOBILITY SERVICES Puurs-Sint-Amands | €2.0m | €1.4m | 7.3% | 1.9 |
| Ma Location Liège | €1.0m | €0.5m | 20.9% | 2.6 |
| Van & Truck Rental Kortemark | €0.9m | €0.4m | 45.9% | 1.4 |
| EXCLUTRANS Maldegem | €0.9m | €0.4m | 20.1% | 2.9 |
These companies have the same main activity as DEWA-Rent & Retail: renting and leasing of cars and light motor vehicles (NACE 77110). They are comparable in size and age: total assets between €920,000 and €2m, founded between 2017 and 2022.
Official details
Source: KBO- Status
- Active since 04-03-2022Normal situation
- Activity
- Renting and leasing of cars and light motor vehiclesNACE 77110and 2 others
- Establishment units
- 2.328.656.9279900 Eeklo, since 04-03-2022
- 2.329.560.9089880 Aalter, since 04-03-2022and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Total assets
- €1.4m▼ 13.7%
- Employeeson 31-12-2025
- 3▲ 50.0%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on DEWA-Rent & Retail
DEWA-Rent & Retail files the abbreviated format. That format states no turnover. The gross margin rose from €136,036 in 2022 to €805,469 in 2025.
The balance sheet grew most in 2023 through fixed assets, financed with long-term debt.
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 DEWA-Rent & Retail
- What is the company number of DEWA-Rent & Retail?
- The company number of DEWA-Rent & Retail is 0782.875.518. The VAT number is the same number with BE in front: BE 0782.875.518.
- Where is DEWA-Rent & Retail based?
- The registered office is at Ambachtenstraat 2, 9900 Eeklo.Company details
- What does DEWA-Rent & Retail do?
- According to the KBO register, the main activity is renting and leasing of cars and light motor vehicles (NACE 77110).
- What is the legal form of DEWA-Rent & Retail?
- DEWA-Rent & Retail is a private limited company (BV).
- When was DEWA-Rent & Retail founded?
- DEWA-Rent & Retail was founded on 04-03-2022.
- Is DEWA-Rent & Retail still active?
- Yes, DEWA-Rent & Retail is an active enterprise in the KBO register.
- How many employees does DEWA-Rent & Retail have?
- DEWA-Rent & Retail had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DEWA-Rent & Retail?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €805,469 and 2,281 comparable companies of the same size. It probably lies between €1.1m and €3.2m. It is a rough estimate.
- Is DEWA-Rent & Retail profitable?
- In financial year 2025, DEWA-Rent & Retail made a profit of €175,301.
- Where can I find the annual accounts of DEWA-Rent & Retail?
- DEWA-Rent & Retail filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEWA-Rent & Retail due?
- DEWA-Rent & Retail must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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