DEWINTER Heating Solutions
ActiveFrom the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DEWINTER Heating Solutions has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,821 and a net result of €3,501. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1,682 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active since 20-01-2009 Normal situation
- Legal form
- Private limited company
- Registered office
- Goedestraat 54, 3078 Kortenberg
- Activity
- Repair and maintenance of fabricated metal products NACE 33110and 3 others
- Establishment unit
- 2.176.330.701 3078 Kortenberg, since 24-02-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 24-09-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €9,491
- ▼ 55.2%
- Turnover
- ≈ €73,000
- estimated
- Profit
- €3,501
- ▼ 77.6%
- Equity
- €1,821
- Total assets
- €56,837
- ▼ 5.7%
Why 83raises riskEquity €1,821 (3.2% of total assets)Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskFounded in 2009Liquidity: current ratio 0.96, cash €22,375Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 11% on solvency, 41% on liquidity, 24% on profitability and 96% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 11 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 16-07-2026
- Format
- micro format
- Reference
- 2026-00298459
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 65% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95.2% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,325 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €172,667 | - | - | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,070 | €11,596 | €5,806 | €5,397 | €5,579 | €1,264 | €1,070 | €1,407 | ▲ 31.5% |
| Other operating charges640/8 | - | - | - | €794 | €699 | €3,071 | €755 | €714 | ▼ 5.4% |
| Non-recurring operating charges66A | - | - | - | - | €262 | €13 | €1,398 | €1,121 | ▼ 19.8% |
| Gross operating margin9900 | €13,853 | -€855 | €17,496 | €4,854 | €16,452 | -€13,286 | €21,184 | €9,491 | ▼ 55.2% |
| Operating profit (loss)9901 | €1,992 | -€13,087 | €10,916 | -€1,337 | €9,911 | -€17,633 | €17,961 | €6,249 | ▼ 65.2% |
| Financial income75/76B | - | - | - | €4 | €11 | €1 | €9 | €9 | ▲ 6.5% |
| Recurring financial income75 | €34 | €18 | €50 | €4 | €11 | €1 | €9 | €9 | ▲ 6.5% |
| Financial charges65/66B | - | - | - | €151 | €280 | €276 | €2,163 | €2,042 | ▼ 5.6% |
| Recurring financial charges65 | €2,396 | €300 | €226 | €151 | €280 | €276 | €2,163 | €2,042 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | -€370 | -€13,369 | €10,740 | -€1,484 | €9,642 | -€17,908 | €15,807 | €4,216 | ▼ 73.3% |
| Income taxes67/77 | €147 | -€53 | €116 | €127 | €141 | €154 | €161 | €715 | ▲ 345% |
| Profit (loss) for the period9904 | -€516 | -€13,316 | €10,624 | -€1,611 | €9,501 | -€18,063 | €15,646 | €3,501 | ▼ 77.6% |
| Profit (loss) for the period to be appropriated9905 | -€516 | -€13,316 | €10,624 | -€1,611 | €9,501 | -€18,063 | €15,646 | €3,501 | ▼ 77.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €53,691 | €48,441 | €45,011 | €51,871 | €41,082 | €39,292 | €60,258 | €56,837 | ▼ 5.7% |
| Fixed assets21/28 | €26,215 | €16,601 | €10,794 | €6,487 | €5,522 | €4,259 | €4,372 | €4,187 | ▼ 4.2% |
| Tangible fixed assets22/27 | €25,840 | €16,226 | €10,419 | €6,112 | €5,147 | €3,884 | €3,997 | €3,812 | ▼ 4.6% |
| Plant, machinery and equipment23 | - | - | - | €1,488 | €5,147 | €3,884 | €3,997 | €3,812 | ▼ 4.6% |
| Furniture and vehicles24 | - | - | - | €4,625 | €0 | - | - | - | - |
| Financial fixed assets28 | €375 | €375 | €375 | €375 | €375 | €375 | €375 | €375 | = |
| Current assets29/58 | €27,476 | €31,841 | €34,216 | €45,384 | €35,559 | €35,033 | €55,886 | €52,650 | ▼ 5.8% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | - | €15,953 | - |
| Stocks30/36 | - | - | - | - | - | - | - | €15,953 | - |
| Amounts receivable within one year40/41 | €22,498 | €5,277 | €9,258 | €28,859 | €28,264 | €17,810 | €24,625 | €14,149 | ▼ 42.5% |
| Trade receivables40 | - | - | - | €23,600 | €26,106 | €11,932 | €19,251 | €8,823 | ▼ 54.2% |
| Other amounts receivable41 | - | - | - | €5,260 | €2,158 | €5,878 | €5,374 | €5,326 | ▼ 0.9% |
| Cash at bank and in hand54/58 | €645 | €16,769 | €22,913 | €14,832 | €0 | €12,475 | €30,877 | €22,375 | ▼ 27.5% |
| Deferred charges and accrued income490/1 | - | - | - | €1,692 | €7,295 | €4,749 | €385 | €173 | ▼ 55.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €53,691 | €48,441 | €45,011 | €51,871 | €41,082 | €39,292 | €60,258 | €56,837 | ▼ 5.7% |
| Equity10/15 | -€4,462 | -€17,778 | -€7,154 | -€8,764 | €737 | -€17,326 | -€1,680 | €1,821 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €22 | €22 | €22 | €22 | €22 | €22 | €22 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | - | €22 | €22 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €22 | €22 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €22 | €22 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€23,083 | -€36,400 | -€25,775 | -€27,386 | -€17,885 | -€35,948 | -€20,302 | -€16,779 | ▲ 17.4% |
| Amounts payable17/49 | €58,153 | €66,219 | €52,165 | €60,635 | €40,345 | €56,618 | €61,939 | €55,016 | ▼ 11.2% |
| Amounts payable within one year42/48 | €58,153 | €61,706 | €47,632 | €56,122 | €40,345 | €56,618 | €61,939 | €55,016 | ▼ 11.2% |
| Trade debts44 | €24,166 | €35,519 | €22,011 | €35,051 | €21,805 | €30,675 | €35,642 | €25,348 | ▼ 28.9% |
| Suppliers440/4 | - | - | - | €35,051 | €21,805 | €30,675 | €35,642 | €25,348 | ▼ 28.9% |
| Taxes, remuneration and social security45 | - | - | - | €243 | €1,419 | €1,280 | €1,000 | €2,619 | ▲ 162% |
| Taxes450/3 | - | - | - | €243 | €1,419 | €1,280 | €1,000 | €2,619 | ▲ 162% |
| Other amounts payable47/48 | - | - | - | €20,828 | €17,120 | €24,663 | €25,297 | €27,049 | ▲ 6.9% |
| Accrued charges and deferred income492/3 | - | - | - | €4,514 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€516 | -€13,316 | €10,624 | -€1,611 | €9,501 | -€18,063 | €15,646 | €3,501 | ▼ 77.6% |
| + Depreciation and write-downs630 | €11,070 | €11,596 | €5,806 | €5,397 | €5,579 | €1,264 | €1,070 | €1,407 | ▲ 31.5% |
| Operating cash flow (approximation) | €10,554 | -€1,720 | €16,430 | €3,787 | €15,080 | -€16,799 | €16,716 | €4,908 | ▼ 70.6% |
| Investment in fixed assets (approximation) | - | -€1,981 | €0 | -€1,090 | -€4,614 | €0 | -€1,183 | -€1,222 | ▼ 3.3% |
| Change in cash | - | €16,124 | €6,144 | -€8,081 | -€14,832 | €12,475 | €18,402 | -€8,502 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-07-2026 | 2026-00298459 | NBB |
| 31-12-2024 | micro format | 01-07-2025 | 2025-00213700 | |
| 31-12-2023 | micro format | 09-07-2024 | 2024-00225080 | |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00130408 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20255311 | |
| 31-12-2020 | micro format | 19-08-2021 | 2021-51900344 | |
| 31-12-2019 | micro format | 21-08-2020 | 2020-43200024 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54200155 | |
| 31-12-2017 | micro format | 04-07-2018 | 2018-29300208 | |
| 31-12-2016 | micro format | 25-07-2017 | 2017-36900288 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Luc Dewinter |
|
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering”“Interne bestuursbevoegdheden, bestuurt alleen”
Articles of association, deed of 07-02-2024 (in Dutch)
Owners and capital
Capital and shareholders
- 07-02-2024 Converted to available equity
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Liquidation distribution: “Netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen;goederen in natura opzelfde wijze verdeeld, na aanzuivering…”1 more provision in the deed, see the deed of 07-02-2024
Articles of association, deed of 07-02-2024 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-02
Gazette deed
Reappointment: Luc Dewinter (statutory director)Amendment of the articles · Capital conversion · Capital5 facts ▸
- General meeting, 21-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Director reappointment, Luc Dewinter (statutory director)
- Capital
27-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 30-05-2022
- Registered-office move, Goedestraat 54,3078 Meerbeek
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0809.375.027
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Installatie,indienststelling,onderhoud,renovatie van: verwarmingsinstallaties op gas/mazout,zonne-energie,fotovoltaïsche…”
4 activities
- Installatie,indienststelling,onderhoud,renovatie van: verwarmingsinstallaties op gas/mazout,zonne-energie,fotovoltaïsche cellen,warmtepompen,verluchting en ventilatie,koeling,algemene elektriciteit,sanitair
- Analyse en uitwerking van projecten,planberekening,opstellen van offertes
- Verwarmingsaudit
- Controle brandstoftanks
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DEWINTER Heating Solutions
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 18:00
Articles of association, deed of 07-02-2024 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24068B0049/00G002 | Flanders | 868 m² | 1 · 207 m² | 6.9 m · 1 |