Summary
DEWAELE BART is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €333,647 and a net result of €118,565. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 8091 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €333,647
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 08-07-2026, 23 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
23 d early
2024
12 d late
2023
30 d late
2022
30 d late
2021
26 d late
2020
16 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€333,647▲ 1.1%
2024 · €330,083
Net result
€118,565▼ 20.7%
2024 · €149,431
Total assets
€576,771▲ 43.3%
2024 · €402,452
Solvency
57.8%▼ 24.2pp
2024 · 82.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€30,271▼ 53.6%€135,365▲ 347%€234,098▲ 72.9%€194,890▼ 16.7%€150,884▼ 22.6%
Net result€21,626within the sector's middle half▼ 57.0%€104,640above the sector's middle half▲ 384%€177,055above the sector's middle half▲ 69.2%€149,431above the sector's middle half▼ 15.6%€118,565above the sector's middle half▼ 20.7%
Equity€20,460below the sector's middle half▼ 49.5%€52,597within the sector's middle half▲ 157%€216,886within the sector's middle half▲ 312%€330,083within the sector's middle half▲ 52.2%€333,647within the sector's middle half▲ 1.1%
Total assets€147,814within the sector's middle half▲ 2.0%€102,403below the sector's middle half▼ 30.7%€302,085within the sector's middle half▲ 195%€402,452within the sector's middle half▲ 33.2%€576,771within the sector's middle half▲ 43.3%
Debt€127,354▲ 22.0%€49,806▼ 60.9%€85,199▲ 71.1%€72,369▼ 15.1%€243,123▲ 236%
Working capital€30,015within the sector's middle half▼ 3.7%€21,816within the sector's middle half▼ 27.3%€167,421above the sector's middle half▲ 667%€274,863above the sector's middle half▲ 64.2%€244,485above the sector's middle half▼ 11.1%
Solvency13.8%below the sector's middle half▼ 14.1pp51.4%within the sector's middle half▲ 37.5pp71.8%within the sector's middle half▲ 20.4pp82.0%above the sector's middle half▲ 10.2pp57.8%within the sector's middle half▼ 24.2pp
Current ratio1.53within the sector's middle half▼ 0.112.00within the sector's middle half▲ 0.476.32above the sector's middle half▲ 4.3110.02above the sector's middle half▲ 3.702.69within the sector's middle half▼ 7.33
Return on assets (ROA)14.6%within the sector's middle half▼ 20.1pp102.2%above the sector's middle half▲ 87.6pp58.6%above the sector's middle half▼ 43.6pp37.1%above the sector's middle half▼ 21.5pp20.6%within the sector's middle half▼ 16.6pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €576,771
Fixed assets
€187,383 ▲ 93.0%
Current assets
€389,388 ▲ 27.5%
Equity and liabilities €576,771
Equity
€333,647 ▲ 1.1%
Debt
€243,123 ▲ 236%
Debt's share of the balance-sheet total rises from 18.0% to 42.2%. Equity and debt are higher.
Key figures and ratios
ROE
35.5%▼
2024 · 45.3%
Debt ≤ 1 year
€144,902▲
2024 · €30,484
Debt > 1 year
€98,221▲
2024 · €41,780
Income taxes
€33,368▼
2024 · €43,720
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,659 | €3,850 | €14,077 | €6,076 | €27,726 | ▲ 356% |
| Other operating charges640/8 | €1,608 | €562 | €747 | €720 | €741 | ▲ 2.9% |
| Gross operating margin9900 | €35,538 | €139,777 | €248,921 | €201,686 | €179,352 | ▼ 11.1% |
| Operating profit (loss)9901 | €30,271 | €135,365 | €234,098 | €194,890 | €150,884 | ▼ 22.6% |
| Financial income75/76B | - | - | €0 | €565 | €5,544 | ▲ 882% |
| Recurring financial income75 | - | - | €0 | €565 | €5,544 | ▲ 882% |
| Financial charges65/66B | €2,242 | €1,789 | €2,561 | €2,304 | €4,495 | ▲ 95.1% |
| Recurring financial charges65 | €2,242 | €1,789 | €2,561 | €2,304 | €4,495 | ▲ 95.1% |
| Profit (loss) for the period before taxes9903 | €28,028 | €133,576 | €231,536 | €193,151 | €151,933 | ▼ 21.3% |
| Income taxes67/77 | €6,402 | €28,936 | €54,481 | €43,720 | €33,368 | ▼ 23.7% |
| Profit (loss) for the period9904 | €21,626 | €104,640 | €177,055 | €149,431 | €118,565 | ▼ 20.7% |
| Profit (loss) for the period to be appropriated9905 | €21,626 | €104,640 | €177,055 | €149,431 | €118,565 | ▼ 20.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147,814 | €102,403 | €302,085 | €402,452 | €576,771 | ▲ 43.3% |
| Fixed assets21/28 | €61,197 | €58,862 | €103,181 | €97,105 | €187,383 | ▲ 93.0% |
| Tangible fixed assets22/27 | €61,197 | €58,862 | €103,181 | €97,105 | €187,383 | ▲ 93.0% |
| Land and buildings22 | €61,197 | €57,751 | €102,575 | €97,004 | €180,095 | ▲ 85.7% |
| Furniture and vehicles24 | €0 | €1,111 | €606 | €101 | €7,288 | ▲ 7,133% |
| Current assets29/58 | €86,617 | €43,541 | €198,904 | €305,347 | €389,388 | ▲ 27.5% |
| Amounts receivable within one year40/41 | €2,666 | €3,818 | €50,162 | €162,904 | €108,780 | ▼ 33.2% |
| Trade receivables40 | €68 | €156 | €50,162 | €90,325 | €0 | ▼ 100% |
| Other amounts receivable41 | €2,598 | €3,662 | €0 | €72,578 | €108,780 | ▲ 49.9% |
| Cash at bank and in hand54/58 | €71,865 | €37,223 | €148,742 | €141,608 | €275,654 | ▲ 94.7% |
| Deferred charges and accrued income490/1 | €12,086 | €2,500 | €0 | €835 | €4,953 | ▲ 493% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147,814 | €102,403 | €302,085 | €402,452 | €576,771 | ▲ 43.3% |
| Equity10/15 | €20,460 | €52,597 | €216,886 | €330,083 | €333,647 | ▲ 1.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €33,997 | €198,286 | €311,483 | €315,047 | ▲ 1.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €0 | €32,137 | €198,286 | €311,483 | €315,047 | ▲ 1.1% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €127,354 | €49,806 | €85,199 | €72,369 | €243,123 | ▲ 236% |
| Amounts payable after more than one year17 | €70,753 | €28,082 | €53,716 | €41,780 | €98,221 | ▲ 135% |
| Financial debts170/4 | €70,753 | €28,082 | €53,716 | €41,780 | €98,221 | ▲ 135% |
| Amounts payable within one year42/48 | €56,602 | €21,725 | €31,483 | €30,484 | €144,902 | ▲ 375% |
| Current portion of amounts payable after more than one year42 | €8,013 | €8,140 | €11,655 | €12,237 | €19,661 | ▲ 60.7% |
| Financial debts43 | €11,079 | €0 | - | - | - | - |
| Other loans439 | €11,079 | €0 | - | - | - | - |
| Trade debts44 | €953 | €3,045 | €2,034 | €3,340 | €1,428 | ▼ 57.2% |
| Suppliers440/4 | €953 | €3,045 | €2,034 | €3,340 | €1,428 | ▼ 57.2% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €9,359 | €10,171 | €15,332 | €9,111 | €8,454 | ▼ 7.2% |
| Taxes450/3 | €9,359 | €10,171 | €15,332 | €6,593 | €5,876 | ▼ 10.9% |
| Remuneration and social security454/9 | - | - | - | €2,518 | €2,577 | ▲ 2.3% |
| Other amounts payable47/48 | €27,198 | €368 | €2,462 | €5,795 | €115,360 | ▲ 1,891% |
| Accrued charges and deferred income492/3 | €0 | - | - | €106 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,626 | €104,640 | €177,055 | €149,431 | €118,565 | ▼ 20.7% |
| + Depreciation and write-downs630 | €3,659 | €3,850 | €14,077 | €6,076 | €27,726 | ▲ 356% |
| Operating cash flow (approximation) | €25,285 | €108,490 | €191,132 | €155,507 | €146,291 | ▼ 5.9% |
| Investment in fixed assets (approximation) | - | -€1,515 | -€58,396 | €0 | -€118,004 | - |
| Change in cash | - | -€34,642 | €111,519 | -€7,134 | €134,046 | ▲ 1,979% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
19-03
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- Board meeting, 17/02/2026
- Registered-office move, Ringlaan 63 bus 3/01, 8420 De Haan
- Power of attorney, NV TITECA
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €177,055 ▲69.2%
Operating result €234,098, net result €177,055, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.32
Current ratio from 2.00 to 6.32.
31-12
Financial
Equity above €200,000Eq €216,886 ▲312%
6 profitable years in a row build equity to €216,886.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €21,626 ▼57%
Net result drops to €21,626, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, De Haan · 1 establishment unit since 2016
Ground area
515 m²
Building footprint
356 m²
Volume, LiDAR
1,930 m³
Parcel 31038A0362/00R007, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Ringlaan 63, 8420 De Haan
since 20162.254.166.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31038A0362/00R007 | Flanders | 515 m² | 1 · 356 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
E-Invest
BE 0719.668.833
Oud-Turnhout · Eq €333,645
MTR Vastgoed
BE 0743.860.435
Nieuwpoort · Eq €333,695
Immobiliën Park en Bos
BE 0418.545.793
Antwerpen · Eq €333,796
Mirusse
BE 0634.693.467
Tessenderlo-Ham · Eq €333,488
KL PHARMA
BE 0811.781.221
Mont-de-l'Enclus · Eq €333,936
Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,769 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0655965567
Also
9925:BE0655965567
Registered
12-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.