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DEWEKON ENGINEERING

Active
Private limited companyfounded 201016 yrs activeTurbinestraat 3, 8630 Veurne, BelgiumKBO/BCE: BE 0823.383.312

DEWEKON ENGINEERING has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.46M and a net result of €677k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 72% of 1027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
81 / 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
Profitability91▲+10
Solvency90▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 1.64 in 2024; short-term debt: 27.8% and cash: 10.9% of total assets), and 34.9% 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 risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
65.1%
Return on assets
17.9%
Age of the figures
9 mo
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 16 years 0 20 y
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
84 d early
2023
56 d early
2022
7 d early
2021
60 d early
2020
24 d early
2019
18 d late
← 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
18-09-2026 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, abbreviated schema

Equity
€2.46M▲ 38.0%
2024 · €1.78M
2018: €1.00M 2019: €909k 2020: €1.16M 2021: €1.26M 2022: €1.36M 2023: €1.43M 2024: €1.78M
2018 → 2025
Total assets
€3.77M▲ 3.0%
2024 · €3.66M
2018: €2.90M 2019: €2.48M 2020: €2.76M 2021: €3.03M 2022: €3.46M 2023: €3.19M 2024: €3.66M
2018 → 2025
Net result
€677k▲ 92.1%
2024 · €352k
2018: €164k 2019: €-95k 2020: €256k 2021: €98k 2022: €98k 2023: €67k 2024: €352k
2018 → 2025
Working capital
€1.52M▲ 46.2%
2024 · €1.04M
2018: €490k 2019: €404k 2020: €631k 2021: €691k 2022: €720k 2023: €703k 2024: €1.04M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.26M-€1.36M▲ 7.8%€1.43M▲ 4.9%€1.78M▲ 24.7%€2.46M▲ 38.0%
Operating result€177k-€177k▲ 0.2%€145k▼ 18.6%€491k▲ 240%€953k▲ 94.1%
Net result€98k-€98k=€67k▼ 31.7%€352k▲ 426%€677k▲ 92.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€250k€500k€750k€1.00MOperating result 2021: €177k€177kNet result 2021: €98k€98kOperating result 2022: €177k€177kNet result 2022: €98k€98kOperating result 2023: €145k€145kNet result 2023: €67k€67kOperating result 2024: €491k€491kNet result 2024: €352k€352kOperating result 2025: €953k€953kNet result 2025: €677k€677k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 94% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.77M
Fixed assets €1.21M▲ 21.1%
Current assets €2.57M▼ 3.8%
Equity and liabilities €3.77M
Equity €2.46M▲ 38.0%
Provisions €233k
Debt €1.08M▼ 42.5%
The debt ratio falls from 51.4% to 28.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.08M
2024 · €601k
Cash flow
€805k
2024 · €463k
Solvency
65.1%
2024 · 48.6%
Current ratio
2.45
2024 · 1.64
Quick ratio
1.63
2024 · 1.04
Debt / equity
0.44
2024 · 1.06
ROE
27.6%
2024 · 19.8%
ROA
17.9%
2024 · 9.6%
Interest coverage
25.91
2024 · 11.32
Debt
€1.08M
2024 · €1.88M
Debt ≤ 1 year
€1.05M
2024 · €1.63M
Debt > 1 year
€19k
2024 · €238k
Income taxes
€1k
2024 · €85k
Staff costs
€1.60M
2024 · €1.53M
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€3.66M€3.77M
Fixed assets21/28€995k€1.21M
Intangible fixed assets21€21k€18k
Tangible fixed assets22/27€971k€1.18M
Land and buildings22€745k€0
Plant, machinery and equipment23€64k€717k
Furniture and vehicles24€162k€104k
Other tangible fixed assets26-€364k
Financial fixed assets28€2k€2k=
Current assets29/58€2.67M€2.57M
Stocks and contracts in progress3€973k€858k
Stocks30/36€973k€858k
Amounts receivable within one year40/41€1.04M€1.28M
Trade receivables40€965k€1.05M
Other amounts receivable41€73k€224k
Cash at bank and in hand54/58€643k€412k
Deferred charges and accrued income490/1€16k€24k
Equity and liabilities
Total equity and liabilities10/49€3.66M€3.77M
Equity10/15€1.78M€2.46M
Contributions10/11€225k€225k=
Reserves13€1.56M€2.23M
Tax-exempt reserves132-€700k
Distributable reserves133€1.56M€1.53M
Provisions and deferred taxes16-€233k
Deferred taxes168-€233k
Amounts payable17/49€1.88M€1.08M
Amounts payable after more than one year17€238k€19k
Financial debts170/4€238k€19k
Amounts payable within one year42/48€1.63M€1.05M
Current portion of amounts payable after more than one year42€229k€53k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€262k€483k
Suppliers440/4€262k€483k
Taxes, remuneration and social security45€300k€134k
Taxes450/3€70k€5k
Remuneration and social security454/9€230k€129k
Other amounts payable47/48€839k€379k
Accrued charges and deferred income492/3€17k€16k
Income statement Code20242025
Non-recurring operating income76A-€955k
Remuneration, social security and pensions62€1.53M€1.60M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€128k
Other operating charges640/8€16k€12k
Non-recurring operating charges66A-€366
Gross operating margin9900€2.14M€2.69M
Operating profit (loss)9901€491k€953k
Financial income75/76B€81€271
Recurring financial income75€81€271
Financial charges65/66B€53k€42k
Recurring financial charges65€53k€42k
Profit (loss) for the period before taxes9903€438k€912k
Transfer from deferred taxes780-€5k
Transfer to deferred taxes680-€239k
Income taxes67/77€85k€1k
Profit (loss) for the period9904€352k€677k
Transfer from tax-exempt reserves789-€16k
Transfer to tax-exempt reserves689-€716k
Profit (loss) for the period to be appropriated9905€352k€-23k
Appropriation of the result
Profit (loss) to be appropriated9906€352k€-23k
Transfer from equity791/2-€23k
Transfer to equity691/2€352k€0
To other reserves6921€352k€0
Social balance
Average headcount (FTE)908722.823.4

The notes to these accounts (28 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
20-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €677k ▲92.1%
Operating result €953k, net result €677k, both a record.
31-12
Financial Equity above €2MEq €2.46M ▲38%
6 profitable years in a row build equity to €2.46M.
08-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €256k
Net result €256k after one loss-making year.
31-12
Financial Equity above €1MEq €1.16M ▲28.2%
Equity rises from €909k to €1.16M.
18-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
31-12
Financial Weakest financial yearnet €-95k ▼158%
Net result drops to €-95k, the lowest in the series; recovery starts the following year.
26-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 57 days late
2018
10-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-07-2019 Resigned as Manager
Location & real-estate footprint
Registered office, Veurne · 1 establishment unit since 2010
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.

Turbinestraat 38630 Veurne
Ground area
9,637 m²
Building footprint
3,139 m²
Parcel 38025C0217/00L012, Flanders. Linked by address, not a title deed.
1 establishment unit
DEWEKON ENGINEERING
Turbinestraat 3, 8630 VeurneManufacture of metal structures and parts of structures
since 20102.185.887.575
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38025C0217/00L012 Flanders 9,636 m² 1 · 3,139 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 2025 · 9 entries · 312,342 EUR awarded · 249,546 EUR paid
Year Entries awardedpaid
2025 3 402 EUR123,402 EUR
2024 2 309,328 EUR123,532 EUR
2023 2 1,742 EUR1,742 EUR
2022 2 870 EUR870 EUR
Schemes
Ontwikkelingsproject
3 entries · 308,686 EUR · 246,000 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 2,656 EUR · 2,546 EUR paid · Fonds voor Innoveren en Ondernemen
Stagebonus (stopgezet)
2 entries · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Recognised contractor

7 categories
DEWEKON ENGINEERING BV36635
category F, class 1 · category F1, class 1 · category F2, class 5 · category K1, class 5 · category K2, class 5 · category L2, class 4 · category V, class 4
decision 16-01-2024

Dual-learning approval

4 live approvals · 3 ended
Hoeknaadlasser duaal (so)
Goedgekeurd · 2026 to 2031
Lassen-constructie duaal (so)
Goedgekeurd · 2023 to 2028
Lasser-monteerder (vwo)
Goedgekeurd · 2026 to 2031
Lasser-monteerder duaal (so)
Goedgekeurd · 2026 to 2031

Similar companies · same sector, comparable size

Of 3,987 companies in sector 25110 we hold annual accounts for 2,148. 972 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-02-2010
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25999Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.