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DEWAEL & PARTNERS

Active
Private limited companyfounded 200224 yrs activeStationsstraat 108, 3400 Landen, BelgiumKBO/BCE: BE 0477.321.459

DEWAEL & PARTNERS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €26k. Equity is growing by ~37.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 12665 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
79 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+1
Solvency67▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.0 in 2024; short-term debt: 57.9% and cash: 23.8% of total assets), and 57.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
42.1%
Return on assets
11.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
7 d late
2024
20 d early
2023
23 d late
2022
41 d early
2021
46 d late
2020
54 d late
2019
32 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€93k▲ 38.2%
2024 · €67k
2018: €3k 2019: €14k 2020: €17k 2021: €27k 2022: €36k 2023: €44k 2024: €67k
2018 → 2025
Total assets
€220k▲ 1.5%
2024 · €217k
2018: €190k 2019: €167k 2020: €195k 2021: €820k 2022: €174k 2023: €188k 2024: €217k
2018 → 2025
Net result
€26k▲ 13.5%
2024 · €23k
2018: €523 2019: €11k 2020: €3k 2021: €10k 2022: €10k 2023: €8k 2024: €23k
2018 → 2025
Working capital
€23k▲ 7,287%
2024 · €308
2018: €-60k 2019: €-48k 2020: €-46k 2021: €-9k 2022: €-17k 2023: €-21k 2024: €308
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€27k-€36k▲ 35.9%€44k▲ 22.6%€67k▲ 50.8%€93k▲ 38.2%
Operating result€20k-€22k▲ 9.5%€21k▼ 4.1%€32k▲ 49.3%€34k▲ 6.9%
Net result€10k-€10k▲ 0.1%€8k▼ 14.3%€23k▲ 175%€26k▲ 13.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €20k€20kNet result 2021: €10k€10kOperating result 2022: €22k€22kNet result 2022: €10k€10kOperating result 2023: €21k€21kNet result 2023: €8k€8kOperating result 2024: €32k€32kNet result 2024: €23k€23kOperating result 2025: €34k€34kNet result 2025: €26k€26k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220k
Fixed assets €70k▼ 5.7%
Current assets €150k▲ 5.3%
Equity and liabilities €220k
Equity €93k▲ 38.2%
Debt €127k▼ 14.9%
The debt ratio falls from 69.1% to 57.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38k
2024 · €35k
Cash flow
€30k
2024 · €26k
Solvency
42.1%
2024 · 30.9%
Current ratio
1.18
2024 · 1.00
Quick ratio
1.06
2024 · 0.90
Debt / equity
1.38
2024 · 2.24
ROE
27.7%
2024 · 33.7%
ROA
11.6%
2024 · 10.4%
Interest coverage
34.84
2024 · 32.97
Debt
€127k
2024 · €150k
Debt ≤ 1 year
€127k
2024 · €142k
Income taxes
€7k
2024 · €8k
Staff costs
€101k
2024 · €90k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€217k€220k
Fixed assets21/28€74k€70k
Tangible fixed assets22/27€13k€9k
Plant, machinery and equipment23€11k€6k
Other tangible fixed assets26€2k€2k=
Financial fixed assets28€61k€61k=
Current assets29/58€143k€150k
Stocks and contracts in progress3€15k€15k=
Contracts in progress37€15k€15k=
Amounts receivable within one year40/41€56k€83k
Trade receivables40€48k€79k
Other amounts receivable41€8k€4k
Cash at bank and in hand54/58€72k€52k
Equity and liabilities
Total equity and liabilities10/49€217k€220k
Equity10/15€67k€93k
Contributions10/11€21k€21k=
Profit (loss) carried forward14€46k€72k
Amounts payable17/49€150k€127k
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€142k€127k
Current portion of amounts payable after more than one year42€31k€29k
Trade debts44€24k€22k
Suppliers440/4€24k€22k
Taxes, remuneration and social security45€29k€30k
Taxes450/3€4k€4k
Remuneration and social security454/9€25k€26k
Other amounts payable47/48€59k€47k
Income statement Code20242025
Remuneration, social security and pensions62€90k€101k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k
Other operating charges640/8€387€400
Gross operating margin9900€125k€140k
Operating profit (loss)9901€32k€34k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€31k€33k
Income taxes67/77€8k€7k
Profit (loss) for the period9904€23k€26k
Profit (loss) for the period to be appropriated9905€23k€26k
Appropriation of the result
Profit (loss) to be appropriated9906€46k€72k
Profit (loss) brought forward from the previous period14P€23k€46k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial Highest result since 2018net €26k ▲13.5%
Operating result €34k, net result €26k, both a record.
11-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 46 days late
2021
23-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Landen · 1 establishment unit since 2002
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Stationsstraat 1083400 Landen
Ground area
50 m²
Parcel 24059B0285/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
Stationsstraat 108, 3400 Landen
Design of textile patterns, clothing, jewellery, furniture and decorative items
since 20022.228.644.284
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24059B0285/00T000 Flanders 50 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 135 EUR awarded · 170 EUR paid
Year Entries awardedpaid
2023 1 69 EUR104 EUR
2022 1 66 EUR66 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 135 EUR · 170 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 7,539 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-04-2002
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:advocaten@dewaelpartners.be
Establishment Landen 2.228.644.284
Phone:011.88.38.34
Establishment Landen 2.228.644.284