DEWACONSTRUCT
ActiveSummary
DEWACONSTRUCT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,989 and a net result of -€3,342. Equity is shrinking by ~8.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €33,989
- Loss
- -€3,342
- Parent
- HARMONY · 100%
Why 67- Latest accounts 61 days late; 3 of the last 3 late- Liquidity: current ratio 0.01, cash €3,995, halved+ Size: total assets €657,229+ Founded in 2008Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €657,229 lowers the probability for this profile
- Latest accounts 61 days late; 3 of the last 3 late raises the probability
- Liquidity: current ratio 0.01, cash €3,995, halved raises the probability
- Founded in 2008 lowers the probability for this profile
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 20%, liquidity 4%, profitability 26%, growth against the median 25%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
This company filed its last 7 accounts on average 72 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result stays negative: a loss of €2,879 in 2025 against €4,460 in 2024; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 912 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 912 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€5,795 | -€1,873 | -€5,384 | -€2,172 | -€2,482 | -€2,984 | -€4,073 | -€2,480 | ▲ 39.1% |
| Operating profit (loss)9901 | -€8,535 | -€2,988 | -€5,732 | -€2,520 | -€2,829 | -€3,369 | -€4,460 | -€2,879 | ▲ 35.4% |
| Financial income75/76B | - | - | - | - | - | - | - | €41 | - |
| Recurring financial income75 | - | - | - | - | - | - | - | €41 | - |
| Financial charges65/66B | - | - | - | €229 | €250 | €222 | €208 | €492 | ▲ 137% |
| Recurring financial charges65 | €292 | €262 | €294 | €229 | €250 | €222 | €208 | €492 | ▲ 137% |
| Profit (loss) for the period before taxes9903 | -€8,827 | -€3,251 | -€6,025 | -€2,749 | -€3,079 | -€3,590 | -€4,668 | -€3,330 | ▲ 28.7% |
| Income taxes67/77 | - | - | - | - | - | - | - | €12 | - |
| Profit (loss) for the period9904 | -€8,827 | -€3,251 | -€6,025 | -€2,749 | -€3,079 | -€3,590 | -€4,668 | -€3,342 | ▲ 28.4% |
| Profit (loss) for the period to be appropriated9905 | -€8,827 | -€3,251 | -€6,025 | -€2,749 | -€3,079 | -€3,590 | -€4,668 | -€3,342 | ▲ 28.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €668,643 | €655,786 | €641,502 | €635,482 | €628,758 | €623,716 | €615,147 | €657,229 | ▲ 6.8% |
| Fixed assets21/28 | €442,118 | €442,118 | €442,118 | €455,798 | €458,998 | €458,998 | €558,364 | €653,233 | ▲ 17.0% |
| Tangible fixed assets22/27 | €442,118 | €442,118 | €442,118 | €455,798 | €458,998 | €458,998 | €558,364 | €653,233 | ▲ 17.0% |
| Land and buildings22 | - | - | - | €455,798 | €458,998 | €458,998 | €558,364 | €653,233 | ▲ 17.0% |
| Current assets29/58 | €226,525 | €213,669 | €199,384 | €179,684 | €169,760 | €164,718 | €56,783 | €3,995 | ▼ 93.0% |
| Amounts receivable within one year40/41 | - | - | - | €1,445 | - | - | €1,176 | - | - |
| Other amounts receivable41 | - | - | - | €1,445 | - | - | €1,176 | - | - |
| Cash at bank and in hand54/58 | €226,525 | €213,669 | €199,384 | €178,239 | €169,760 | €164,718 | €55,607 | €3,995 | ▼ 92.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €668,643 | €655,786 | €641,502 | €635,482 | €628,758 | €623,716 | €615,147 | €657,229 | ▲ 6.8% |
| Equity10/15 | €60,693 | €57,443 | €51,417 | €48,669 | €45,590 | €41,999 | €37,332 | €33,989 | ▼ 9.0% |
| Contributions10/11 | €24,000 | €24,000 | - | €24,000 | €24,000 | €24,000 | €24,000 | €24,000 | = |
| Reserves13 | €57,400 | €57,400 | €57,400 | €57,400 | €57,400 | €57,400 | €57,400 | €57,400 | = |
| Non-distributable reserves130/1 | - | - | - | €2,400 | €2,400 | €2,400 | €2,400 | €2,400 | = |
| Reserves not available under the articles1311 | - | - | - | €2,400 | €2,400 | €2,400 | €2,400 | €2,400 | = |
| Distributable reserves133 | - | - | - | €55,000 | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Profit (loss) carried forward14 | -€20,707 | -€23,957 | -€29,983 | -€32,731 | -€35,810 | -€39,401 | -€44,068 | -€47,411 | ▼ 7.6% |
| Amounts payable17/49 | €607,949 | €598,344 | €590,084 | €586,813 | €583,168 | €581,716 | €577,815 | €623,239 | ▲ 7.9% |
| Amounts payable within one year42/48 | €607,949 | €598,344 | €590,084 | €586,813 | €583,168 | €581,716 | €577,815 | €623,239 | ▲ 7.9% |
| Trade debts44 | €379 | - | €272 | - | - | - | - | €200 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €200 | - |
| Other amounts payable47/48 | - | - | - | €586,813 | €583,168 | €581,716 | €577,815 | €623,039 | ▲ 7.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,827 | -€3,251 | -€6,025 | -€2,749 | -€3,079 | -€3,590 | -€4,668 | -€3,342 | ▲ 28.4% |
| Operating cash flow (approximation) | -€8,827 | -€3,251 | -€6,025 | -€2,749 | -€3,079 | -€3,590 | -€4,668 | -€3,342 | ▲ 28.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€13,680 | -€3,200 | €0 | -€99,366 | -€94,869 | ▲ 4.5% |
| Change in cash | - | -€12,856 | -€14,285 | -€21,145 | -€8,479 | -€5,042 | -€109,111 | -€51,611 | ▲ 52.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Directors
Owners and capital
Owners
1 ownerChain of control
- HARMONY
- DEWACONSTRUCT
Highest known parent: HARMONY. The sources do not say who stands above it.
Owners 1
- HARMONYparentSourceaccounts HARMONY 2024100%
According to the annual accounts of the companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Group and network
Connections & network
No directors read yet: 0 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 5 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0174/00C039 | Brussels | 1,353 m² | 1 · 309 m² | 7.9 m · 2 fl. |