DEWICO
ActiveSummary
DEWICO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €183,419 and a net result of €51,419. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability85▲+7
Solvency71▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.43 in 2023; short-term debt: 14.4% and cash: 25% of total assets), but 53.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
29 d early
2022
7 d early
2021
34 d early
2020
4 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€183,419▲ 37.2%
2023 · €133,665
Total assets
€395,810▲ 11.0%
2023 · €356,739
Net result
€51,419▲ 91.9%
2023 · €26,795
Working capital
€47,615▲ 89.3%
2023 · €25,151
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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
Line20202021202220232024
Operating result€28,346▲ 235%€22,693▼ 19.9%€36,575▲ 61.2%€44,516▲ 21.7%€77,724▲ 74.6%
Net result€20,917within the sector's middle half▲ 613%€13,905within the sector's middle half▼ 33.5%€22,061within the sector's middle half▲ 58.7%€26,795within the sector's middle half▲ 21.5%€51,419within the sector's middle half▲ 91.9%
Equity€89,308within the sector's middle half▲ 27.6%€101,612within the sector's middle half▲ 13.8%€122,074within the sector's middle half▲ 20.1%€133,665within the sector's middle half▲ 9.5%€183,419within the sector's middle half▲ 37.2%
Total assets€356,577within the sector's middle half▲ 2.9%€374,905within the sector's middle half▲ 5.1%€363,832within the sector's middle half▼ 3.0%€356,739within the sector's middle half▼ 1.9%€395,810within the sector's middle half▲ 11.0%
Debt€267,270▼ 3.4%€273,293▲ 2.3%€241,758▼ 11.5%€223,073▼ 7.7%€212,391▼ 4.8%
Working capital-€3,691▲ 63.6%-€13,259▼ 259%€9,849€25,151▲ 155%€47,615▲ 89.3%
Solvency25.0%below the sector's middle half▲ 4.9pp27.1%below the sector's middle half▲ 2.1pp33.6%within the sector's middle half▲ 6.4pp37.5%within the sector's middle half▲ 3.9pp46.3%within the sector's middle half▲ 8.9pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 75% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €395,810
Fixed assets
€291,252 ▲ 6.9%
Current assets
€104,558 ▲ 24.2%
Equity and liabilities €395,810
Equity
€183,419 ▲ 37.2%
Debt
€212,391 ▼ 4.8%
Debt's share of the balance-sheet total falls from 62.5% to 53.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€103,000▲
2023 · €72,775
Cash flow
€76,695▲
2023 · €55,054
Current ratio
1.84▲
2023 · 1.43
Debt to equity
1.16▼
2023 · 1.67
ROE
28.0%▲
2023 · 20.0%
ROA
13.0%▲
2023 · 7.5%
Interest coverage
27.98▲
2023 · 20.89
Debt ≤ 1 year
€56,943▼
2023 · €59,020
Debt > 1 year
€154,448▼
2023 · €164,053
Income taxes
€22,626▲
2023 · €14,241
Staff costs
€3,668▲
2023 · €34
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,525 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €96 | €29 | €34 | €3,668 | ▲ 10,581% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,943 | €27,311 | €30,298 | €28,259 | €25,276 | ▼ 10.6% |
| Other operating charges640/8 | - | €2,443 | €1,886 | €2,191 | €2,214 | ▲ 1.0% |
| Gross operating margin9900 | €48,966 | €52,543 | €68,789 | €75,000 | €108,882 | ▲ 45.2% |
| Operating profit (loss)9901 | €28,346 | €22,693 | €36,575 | €44,516 | €77,724 | ▲ 74.6% |
| Financial income75/76B | - | €39 | €0 | €3 | €3 | ▼ 10.3% |
| Recurring financial income75 | €0 | €39 | €0 | €3 | €3 | ▼ 10.3% |
| Financial charges65/66B | - | €5,108 | €4,325 | €3,483 | €3,682 | ▲ 5.7% |
| Recurring financial charges65 | €5,095 | €5,108 | €4,325 | €3,483 | €3,682 | ▲ 5.7% |
| Profit (loss) for the period before taxes9903 | €23,251 | €17,623 | €32,250 | €41,035 | €74,045 | ▲ 80.4% |
| Income taxes67/77 | €2,333 | €3,719 | €10,189 | €14,241 | €22,626 | ▲ 58.9% |
| Profit (loss) for the period9904 | €20,917 | €13,905 | €22,061 | €26,795 | €51,419 | ▲ 91.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €5,837 | - | - |
| Profit (loss) for the period to be appropriated9905 | €20,917 | €13,905 | €22,061 | €32,632 | €51,419 | ▲ 57.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €356,577 | €374,905 | €363,832 | €356,739 | €395,810 | ▲ 11.0% |
| Fixed assets21/28 | €301,776 | €325,400 | €299,686 | €272,568 | €291,252 | ▲ 6.9% |
| Tangible fixed assets22/27 | €301,584 | €325,208 | €299,494 | €272,376 | €291,060 | ▲ 6.9% |
| Land and buildings22 | - | €273,850 | €264,168 | €252,954 | €241,739 | ▼ 4.4% |
| Plant, machinery and equipment23 | - | - | €890 | €743 | €1,756 | ▲ 136% |
| Furniture and vehicles24 | - | €51,359 | €34,435 | €18,679 | €47,565 | ▲ 155% |
| Financial fixed assets28 | €192 | €192 | €192 | €192 | €192 | = |
| Current assets29/58 | €54,801 | €49,505 | €64,146 | €84,171 | €104,558 | ▲ 24.2% |
| Amounts receivable within one year40/41 | €9,578 | €12,628 | €15,186 | €3,107 | €5,436 | ▲ 75.0% |
| Trade receivables40 | - | €12,628 | €15,078 | €2,335 | €5,426 | ▲ 132% |
| Other amounts receivable41 | - | - | €108 | €772 | €11 | ▼ 98.6% |
| Cash at bank and in hand54/58 | €35,323 | €35,377 | €47,963 | €81,064 | €99,122 | ▲ 22.3% |
| Deferred charges and accrued income490/1 | - | €1,500 | €997 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €356,577 | €374,905 | €363,832 | €356,739 | €395,810 | ▲ 11.0% |
| Equity10/15 | €89,308 | €101,612 | €122,074 | €133,665 | €183,419 | ▲ 37.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €70,708 | €83,012 | €103,474 | €115,065 | €164,819 | ▲ 43.2% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €5,837 | €5,837 | - | - | - |
| Distributable reserves133 | - | €75,315 | €95,776 | €115,065 | €164,819 | ▲ 43.2% |
| Amounts payable17/49 | €267,270 | €273,293 | €241,758 | €223,073 | €212,391 | ▼ 4.8% |
| Amounts payable after more than one year17 | €208,777 | €210,529 | €187,462 | €164,053 | €154,448 | ▼ 5.9% |
| Financial debts170/4 | - | €210,529 | €187,462 | €164,053 | €154,448 | ▼ 5.9% |
| Amounts payable within one year42/48 | €58,493 | €62,764 | €54,297 | €59,020 | €56,943 | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €22,732 | €23,068 | €23,408 | €25,345 | ▲ 8.3% |
| Trade debts44 | €2,541 | €3,725 | €5,826 | €6,314 | €3,896 | ▼ 38.3% |
| Suppliers440/4 | - | €3,725 | €5,826 | €6,314 | €3,896 | ▼ 38.3% |
| Taxes, remuneration and social security45 | - | €13,592 | €16,794 | €9,141 | €15,356 | ▲ 68.0% |
| Taxes450/3 | - | €13,592 | €14,094 | €9,141 | €15,356 | ▲ 68.0% |
| Remuneration and social security454/9 | - | - | €2,700 | - | - | - |
| Other amounts payable47/48 | - | €22,715 | €8,609 | €20,156 | €12,346 | ▼ 38.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,000 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,917 | €13,905 | €22,061 | €26,795 | €51,419 | ▲ 91.9% |
| + Depreciation and write-downs630 | €17,943 | €27,311 | €30,298 | €28,259 | €25,276 | ▼ 10.6% |
| Operating cash flow (approximation) | €38,860 | €41,215 | €52,360 | €55,054 | €76,695 | ▲ 39.3% |
| Investment in fixed assets (approximation) | - | -€50,935 | -€4,583 | -€1,141 | -€43,960 | ▼ 3,751% |
| Change in cash | - | €54 | €12,586 | €33,101 | €18,058 | ▼ 45.4% |
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
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €51,419 ▲91.9%
Operating result €77,724, net result €51,419, both a record.
31-12
Financial
Equity above €150,000Eq €183,419 ▲37.2%
7 profitable years in a row build equity to €183,419.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €101,612 ▲13.8%
4 profitable years in a row build equity to €101,612.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €2,933 ▼83%
Net result drops to €2,933, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Lokeren · 1 establishment unit since 2002
Ground area
2,468 m²
Building footprint
663 m²
Volume, LiDAR
935 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oude Vismijn 6, 9160 Lokeren
since 20022.100.505.207
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46383D0903/00R000 | Flanders | 1,704 m² | 1 · 492 m² | 1.6 m |
| 46384C1249/00D000 | Flanders | 764 m² | 1 · 171 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 · 430 EUR awarded · 430 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 251 EUR | 251 EUR |
| 2022 | 1 | 179 EUR | 179 EUR |
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 6,477 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
Founded21-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476599701
Also
9925:BE0476599701
Registered
12-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.