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DEWAPRO

Active
Private limited companyfounded 20197 yrs activeDwarsweg 24, 8560 Wevelgem, BelgiumKBO/BCE: BE 0729.844.232
Summary

DEWAPRO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,008 and a net result of €2,372. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability51▼-22
Solvency55▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.11 in 2024; short-term debt: 61.2% and cash: 0% of total assets), and 69.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
30.5%
Return on assets
1.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
3 d early
2024
11 d early
2023
31 d early
2022
30 d early
2021
16 d early
2020
1 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today30-09-2026 close30-04-2027 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

History

DEWAPRO was incorporated on 5 July 2019 as a Private limited company.1 Total assets rose from EUR 60,597 in 2020 to EUR 124,707 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€38,008▲ 6.7%
2024 · €35,636
Total assets
€124,707▼ 55.5%
2024 · €280,521
Net result
€2,372▼ 73.4%
2024 · €8,920
Working capital
€5,527▼ 78.8%
2024 · €26,111
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€3,803€12,236▲ 222%€14,908▲ 21.8%€15,760▲ 5.7%€11,051▼ 29.9%
Net result€2,631€7,394▲ 181%€9,721▲ 31.5%€8,920▼ 8.2%€2,372▼ 73.4%
Equity€9,602▲ 37.7%€16,996▲ 77.0%€26,717▲ 57.2%€35,636▲ 33.4%€38,008▲ 6.7%
Total assets€37,801▼ 37.6%€92,659▲ 145%€99,295▲ 7.2%€280,521▲ 183%€124,707▼ 55.5%
Debt€28,199▼ 47.4%€75,663▲ 168%€72,578▼ 4.1%€244,884▲ 237%€86,699▼ 64.6%
Working capital€338€6,977▲ 1,966%€14,651▲ 110%€26,111▲ 78.2%€5,527▼ 78.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2021: €3,803€3,803Net result 2021: €2,631€2,631Operating result 2022: €12,236€12,236Net result 2022: €7,394€7,394Operating result 2023: €14,908€14,908Net result 2023: €9,721€9,721Operating result 2024: €15,760€15,760Net result 2024: €8,920€8,920Operating result 2025: €11,051€11,051Net result 2025: €2,372€2,37220212022202320242025€0€5,000€10,000€15,000Operating result 2023: €14,908€14,900Net result 2023: €9,721€9,720Operating result 2024: €15,760€15,800Net result 2024: €8,920€8,920Operating result 2025: €11,051€11,100Net result 2025: €2,372€2,370202320242025
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124,707
Fixed assets €42,800 ▲ 61.5%
Current assets €81,907 ▼ 67.8%
Equity and liabilities €124,707
Equity €38,008 ▲ 6.7%
Debt €86,699 ▼ 64.6%
Debt's share of the balance-sheet total falls from 87.3% to 69.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23,802▼
2024 · €24,450
Cash flow
€15,122▼
2024 · €17,609
Current ratio
1.07▼
2024 · 1.11
Debt to equity
2.28▼
2024 · 6.87
ROE
6.2%▼
2024 · 25.0%
ROA
1.9%▼
2024 · 3.2%
Interest coverage
3.53▼
2024 · 6.71
Debt ≤ 1 year
€76,380▼
2024 · €227,909
Debt > 1 year
€9,547▼
2024 · €15,842
Income taxes
€2,263▼
2024 · €3,700
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€280,521€124,707▼
Fixed assets21/28€26,502€42,800▲
Tangible fixed assets22/27€26,502€42,800▲
Plant, machinery and equipment23€21,969€18,731▼
Furniture and vehicles24€4,533€24,069▲
Current assets29/58€254,019€81,907▼
Stocks and contracts in progress3€12,500€0▼
Contracts in progress37€12,500€0▼
Amounts receivable within one year40/41€234,347€78,301▼
Trade receivables40€213,805€23,145▼
Other amounts receivable41€20,542€55,156▲
Current investments50/53-€0
Cash at bank and in hand54/58€44€0▼
Deferred charges and accrued income490/1€7,129€3,606▼
Equity and liabilities
Total equity and liabilities10/49€280,521€124,707▼
Equity10/15€35,636€38,008▲
Contributions10/11€8,000€8,000=
Reserves13€18,717€18,717=
Distributable reserves133€18,717€18,717=
Profit (loss) carried forward14€8,920€11,291▲
Amounts payable17/49€244,884€86,699▼
Amounts payable after more than one year17€15,842€9,547▼
Financial debts170/4€15,842€9,547▼
Amounts payable within one year42/48€227,909€76,380▼
Current portion of amounts payable after more than one year42€21,066€20,651▼
Financial debts43€12,646€12,186▼
Credit institutions430/8€12,646€12,186▼
Trade debts44€51,593€32,307▼
Suppliers440/4€51,593€32,307▼
Advances received on contracts in progress46€130,000€0▼
Taxes, remuneration and social security45€4,745€3,473▼
Taxes450/3€4,745€3,473▼
Other amounts payable47/48€7,857€7,763▼
Accrued charges and deferred income492/3€1,134€772▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,690€12,751▲
Other operating charges640/8€5,804€12,830▲
Gross operating margin9900€30,254€36,632▲
Operating profit (loss)9901€15,760€11,051▼
Financial income75/76B€505€331▼
Recurring financial income75€505€331▼
Financial charges65/66B€3,645€6,747▲
Recurring financial charges65€3,645€6,747▲
Profit (loss) for the period before taxes9903€12,620€4,635▼
Income taxes67/77€3,700€2,263▼
Profit (loss) for the period9904€8,920€2,372▼
Profit (loss) for the period to be appropriated9905€8,920€2,372▼
Appropriation of the result
Profit (loss) to be appropriated9906€8,920€11,291▲
Profit (loss) brought forward from the previous period14P-€8,920
Transfer to equity691/2€0-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,120€3,656€5,465€8,690€12,751▲ 46.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,745----
Other operating charges640/8€533€745€5,366€5,804€12,830▲ 121%
Gross operating margin9900€7,456€18,382€25,738€30,254€36,632▲ 21.1%
Operating profit (loss)9901€3,803€12,236€14,908€15,760€11,051▼ 29.9%
Financial income75/76B€269€18€312€505€331▼ 34.6%
Recurring financial income75€269€18€312€505€331▼ 34.6%
Financial charges65/66B€365€1,535€1,733€3,645€6,747▲ 85.1%
Recurring financial charges65€365€1,535€1,733€3,645€6,747▲ 85.1%
Profit (loss) for the period before taxes9903€3,707€10,718€13,486€12,620€4,635▼ 63.3%
Income taxes67/77€1,076€3,325€3,765€3,700€2,263▼ 38.8%
Profit (loss) for the period9904€2,631€7,394€9,721€8,920€2,372▼ 73.4%
Profit (loss) for the period to be appropriated9905€2,631€7,394€9,721€8,920€2,372▼ 73.4%
Line20212022202320242025Change
Assets
Total assets20/58€37,801€92,659€99,295€280,521€124,707▼ 55.5%
Fixed assets21/28€9,609€10,363€16,441€26,502€42,800▲ 61.5%
Tangible fixed assets22/27€9,609€10,363€16,441€26,502€42,800▲ 61.5%
Plant, machinery and equipment23€455€4,189€7,642€21,969€18,731▼ 14.7%
Furniture and vehicles24€9,154€6,174€8,800€4,533€24,069▲ 431%
Current assets29/58€28,192€82,295€82,853€254,019€81,907▼ 67.8%
Stocks and contracts in progress3---€12,500€0▼ 100%
Contracts in progress37---€12,500€0▼ 100%
Amounts receivable within one year40/41€25,101€57,460€72,402€234,347€78,301▼ 66.6%
Trade receivables40€24,631€46,354€70,434€213,805€23,145▼ 89.2%
Other amounts receivable41€470€11,106€1,968€20,542€55,156▲ 169%
Current investments50/53----€0-
Cash at bank and in hand54/58€131€13,105-€44€0▼ 100%
Deferred charges and accrued income490/1€2,960€11,729€10,451€7,129€3,606▼ 49.4%
Equity and liabilities
Total equity and liabilities10/49€37,801€92,659€99,295€280,521€124,707▼ 55.5%
Equity10/15€9,602€16,996€26,717€35,636€38,008▲ 6.7%
Contributions10/11€8,000€8,000€8,000€8,000€8,000=
Reserves13€1,602€8,996€18,717€18,717€18,717=
Distributable reserves133€1,602€8,996€18,717€18,717€18,717=
Profit (loss) carried forward14---€8,920€11,291▲ 26.6%
Amounts payable17/49€28,199€75,663€72,578€244,884€86,699▼ 64.6%
Amounts payable after more than one year17--€1,404€15,842€9,547▼ 39.7%
Financial debts170/4--€1,404€15,842€9,547▼ 39.7%
Amounts payable within one year42/48€27,855€75,318€68,203€227,909€76,380▼ 66.5%
Current portion of amounts payable after more than one year42--€3,262€21,066€20,651▼ 2.0%
Financial debts43--€15,516€12,646€12,186▼ 3.6%
Credit institutions430/8--€15,516€12,646€12,186▼ 3.6%
Trade debts44€7,572€58,233€28,701€51,593€32,307▼ 37.4%
Suppliers440/4€7,572€58,233€28,701€51,593€32,307▼ 37.4%
Advances received on contracts in progress46---€130,000€0▼ 100%
Taxes, remuneration and social security45€1,330€3,325€6,989€4,745€3,473▼ 26.8%
Taxes450/3€1,330€3,325€6,989€4,745€3,473▼ 26.8%
Other amounts payable47/48€18,953€13,760€13,735€7,857€7,763▼ 1.2%
Accrued charges and deferred income492/3€344€345€2,971€1,134€772▼ 31.9%
Line20212022202320242025Change
Profit (loss) for the period9904€2,631€7,394€9,721€8,920€2,372▼ 73.4%
+ Depreciation and write-downs630€3,120€3,656€5,465€8,690€12,751▲ 46.7%
Operating cash flow (approximation)€5,751€11,049€15,185€17,609€15,122▼ 14.1%
Investment in fixed assets (approximation)--€4,411-€11,543-€18,750-€29,049▼ 54.9%
Change in cash-€12,974---€44-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
27-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Highest result since 2020net €9,721 ▲31.5%
Net result €9,721, the highest in the series.
31-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Back to profitnet €2,631
Net result €2,631 after one loss-making year.
29-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Wevelgem · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
356 m²
Building footprint
106 m²
Volume, LiDAR
497 m³
Parcel 34012C0696/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
DEWAPRO
Dwarsweg 24, 8560 WevelgemManufacture of fabricated metal products, except machinery and equipment
since 20192.290.937.783
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012C0696/00K000 Flanders 356 m² 1 · 106 m² 7.0 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

Of 9,698 companies in sector 68121 we hold annual accounts for 7,385. 4,768 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
Founded05-07-2019
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
43211General electrical installation work
Contact
E-mail info@dewapro.be

Scores and ratios are computed by Checked and are not a credit decision.