DEWOLUX
ActiveSummary
DEWOLUX has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €460,207 and a net result of €95,005. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 36381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+17
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 6.33 against 6.37 in 2023; short-term debt: 15.6% and cash: 35.9% of total assets), and 18.6% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
81.4%
Return on assets
16.8%
Age of the figures
21 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
1 d early
2023
51 d early
2022
31 d late
2021
26 d early
2020
7 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 8 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
In the rankings
#4 oldest company in Brakel, Construction sector
Equity
€460,207▲ 26.0%
2023 · €365,203
Total assets
€565,371▲ 31.1%
2023 · €431,173
Net result
€95,005▲ 628%
2023 · €13,044
Working capital
€470,028▲ 33.1%
2023 · €353,093
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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€23,528▲ 66.1%€20,500▼ 12.9%€14,038▼ 31.5%€20,204▲ 43.9%€142,023▲ 603%
Net result€15,570within the sector's middle half▲ 101%€13,192within the sector's middle half▼ 15.3%€8,736within the sector's middle half▼ 33.8%€13,044within the sector's middle half▲ 49.3%€95,005above the sector's middle half▲ 628%
Equity€392,144above the sector's middle half▲ 4.1%€405,336above the sector's middle half▲ 3.4%€352,158above the sector's middle half▼ 13.1%€365,203above the sector's middle half▲ 3.7%€460,207above the sector's middle half▲ 26.0%
Total assets€463,901above the sector's middle half▲ 2.0%€479,681above the sector's middle half▲ 3.4%€457,465above the sector's middle half▼ 4.6%€431,173above the sector's middle half▼ 5.7%€565,371above the sector's middle half▲ 31.1%
Debt€71,757▼ 8.1%€74,345▲ 3.6%€105,306▲ 41.6%€65,970▼ 37.4%€105,164▲ 59.4%
Working capital€357,755above the sector's middle half▲ 6.5%€374,869above the sector's middle half▲ 4.8%€329,852above the sector's middle half▼ 12.0%€353,093above the sector's middle half▲ 7.0%€470,028above the sector's middle half▲ 33.1%
Solvency84.5%above the sector's middle half▲ 1.7pp84.5%above the sector's middle half=77.0%above the sector's middle half▼ 7.5pp84.7%above the sector's middle half▲ 7.7pp81.4%above the sector's middle half▼ 3.3pp
Current ratio6.01above the sector's middle half▲ 0.716.05above the sector's middle half▲ 0.044.14above the sector's middle half▼ 1.926.37above the sector's middle half▲ 2.236.33above the sector's middle half▼ 0.04
Return on assets (ROA)3.4%within the sector's middle half▲ 1.7pp2.8%within the sector's middle half▼ 0.6pp1.9%within the sector's middle half▼ 0.8pp3.0%within the sector's middle half▲ 1.1pp16.8%within the sector's middle half▲ 13.8pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 2022 the operating result has climbed two years in a row; 2024 is 603% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €565,371
Fixed assets
€7,133 ▼ 42.1%
Current assets
€558,238 ▲ 33.3%
Equity and liabilities €565,371
Equity
€460,207 ▲ 26.0%
Debt
€105,164 ▲ 59.4%
Debt's share of the balance-sheet total rises from 15.3% to 18.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€147,202▲
2023 · €30,382
Cash flow
€100,183▲
2023 · €23,223
Quick ratio
6.19▲
2023 · 6.12
Debt to equity
0.23▲
2023 · 0.18
ROE
20.6%▲
2023 · 3.6%
Interest coverage
62.93▲
2023 · 30.11
Debt ≤ 1 year
€88,210▲
2023 · €65,769
Income taxes
€44,711▲
2023 · €6,378
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 20,134 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €45 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,761 | €10,857 | €9,955 | €10,179 | €5,179 | ▼ 49.1% |
| Other operating charges640/8 | - | €1,587 | €54,709 | €1,806 | €6,000 | ▲ 232% |
| Gross operating margin9900 | €46,721 | €32,944 | €78,747 | €32,188 | €153,202 | ▲ 376% |
| Operating profit (loss)9901 | €23,528 | €20,500 | €14,038 | €20,204 | €142,023 | ▲ 603% |
| Financial income75/76B | - | €119 | €88 | €228 | €32 | ▼ 86.1% |
| Recurring financial income75 | €197 | €119 | €88 | €228 | €32 | ▼ 86.1% |
| Financial charges65/66B | - | €970 | €1,002 | €1,009 | €2,339 | ▲ 132% |
| Recurring financial charges65 | €824 | €970 | €1,002 | €1,009 | €2,339 | ▲ 132% |
| Profit (loss) for the period before taxes9903 | €22,901 | €19,649 | €13,124 | €19,422 | €139,715 | ▲ 619% |
| Income taxes67/77 | €7,332 | €6,457 | €4,388 | €6,378 | €44,711 | ▲ 601% |
| Profit (loss) for the period9904 | €15,570 | €13,192 | €8,736 | €13,044 | €95,005 | ▲ 628% |
| Profit (loss) for the period to be appropriated9905 | €15,570 | €13,192 | €8,736 | €13,044 | €95,005 | ▲ 628% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €463,901 | €479,681 | €457,465 | €431,173 | €565,371 | ▲ 31.1% |
| Fixed assets21/28 | €34,736 | €30,645 | €22,490 | €12,311 | €7,133 | ▼ 42.1% |
| Tangible fixed assets22/27 | €34,694 | €30,603 | €22,448 | €12,269 | €7,091 | ▼ 42.2% |
| Land and buildings22 | - | €11,844 | €9,379 | €6,913 | €4,448 | ▼ 35.7% |
| Plant, machinery and equipment23 | - | €8,759 | €8,069 | €5,356 | €2,643 | ▼ 50.7% |
| Furniture and vehicles24 | - | €10,000 | €5,000 | - | - | - |
| Financial fixed assets28 | €42 | €42 | €42 | €42 | €42 | = |
| Current assets29/58 | €429,165 | €449,036 | €434,975 | €418,861 | €558,238 | ▲ 33.3% |
| Stocks and contracts in progress3 | €5,116 | €14,708 | €14,708 | €16,558 | €12,251 | ▼ 26.0% |
| Stocks30/36 | - | €14,708 | €14,708 | €16,558 | €12,251 | ▼ 26.0% |
| Amounts receivable within one year40/41 | €421,502 | €431,698 | €386,024 | €397,362 | €340,848 | ▼ 14.2% |
| Trade receivables40 | - | €424,944 | €378,278 | €394,424 | €329,007 | ▼ 16.6% |
| Other amounts receivable41 | - | €6,754 | €7,747 | €2,938 | €11,841 | ▲ 303% |
| Cash at bank and in hand54/58 | - | - | €31,048 | €3,525 | €202,896 | ▲ 5,657% |
| Deferred charges and accrued income490/1 | - | €2,630 | €3,194 | €1,417 | €2,244 | ▲ 58.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €463,901 | €479,681 | €457,465 | €431,173 | €565,371 | ▲ 31.1% |
| Equity10/15 | €392,144 | €405,336 | €352,158 | €365,203 | €460,207 | ▲ 26.0% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €198,295 | €211,487 | €158,309 | €171,354 | €266,358 | ▲ 55.4% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €209,628 | €156,450 | €171,354 | €266,358 | ▲ 55.4% |
| Profit (loss) carried forward14 | €187,652 | €187,652 | €187,652 | €187,652 | €187,652 | = |
| Amounts payable17/49 | €71,757 | €74,345 | €105,306 | €65,970 | €105,164 | ▲ 59.4% |
| Amounts payable within one year42/48 | €71,410 | €74,167 | €105,122 | €65,769 | €88,210 | ▲ 34.1% |
| Current portion of amounts payable after more than one year42 | - | €3,813 | €2,133 | €2,133 | €2,133 | = |
| Trade debts44 | €43,264 | €56,140 | €40,019 | €26,431 | €65,985 | ▲ 150% |
| Suppliers440/4 | - | €56,140 | €40,019 | €26,431 | €65,985 | ▲ 150% |
| Taxes, remuneration and social security45 | - | €989 | €4,152 | - | €8,811 | - |
| Taxes450/3 | - | €989 | €3,152 | - | €8,311 | - |
| Remuneration and social security454/9 | - | - | €1,000 | - | €500 | - |
| Other amounts payable47/48 | - | €13,225 | €58,817 | €37,204 | €11,281 | ▼ 69.7% |
| Accrued charges and deferred income492/3 | - | €179 | €184 | €201 | €16,954 | ▲ 8,321% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,570 | €13,192 | €8,736 | €13,044 | €95,005 | ▲ 628% |
| + Depreciation and write-downs630 | €9,761 | €10,857 | €9,955 | €10,179 | €5,179 | ▼ 49.1% |
| Operating cash flow (approximation) | €25,331 | €24,049 | €18,691 | €23,223 | €100,183 | ▲ 331% |
| Investment in fixed assets (approximation) | - | -€6,766 | -€1,800 | €0 | €0 | - |
| Change in cash | - | - | - | -€27,523 | €199,371 | ▲ 824% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €95,005 ▲628%
Operating result €142,023, net result €95,005, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-07
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
31-12
Financial
Weakest financial yearnet €7,733 ▼57.3%
Net result drops to €7,733, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Brakel · 1 establishment unit since 1988
Ground area
1,419 m²
Building footprint
862 m²
Volume, LiDAR
3,708 m³
Parcel 45012B2046/00R000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Klaaie 7, 9660 Brakel
since 19882.035.962.791
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45012B2046/00R000 | Flanders | 1,418 m² | 1 · 862 m² | 9.6 m · 1 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.
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 6,134 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
Founded05-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432973455
Also
9925:BE0432973455
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.