DEWULF SANDER TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of DEWULF SANDER TECHNICS is 1.9% (moderate). The 2025 annual accounts show equity of €36k and a net result of €7k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 33% of 1309 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+5
Solvency56▲+10
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 0.34 in 2024; short-term debt: 27.9% and cash: 32.3% of total assets), and 69.5% of the assets are financed with debt.
Credit advice for your own amount and term
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
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 2025Solvency, return and age of the figures
Solvency
30.5%
Return on assets
5.5%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
18 d late
2024
6 d early
2023
6 d early
2022
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▲ 21.9%
2024 · €30k
2022: €24k
2023: €27k
2024: €30k
2022 → 2025
Total assets
€119k▼ 16.2%
2024 · €141k
2022: €74k
2023: €63k
2024: €141k
2022 → 2025
Net result
€7k▲ 178%
2024 · €2k
2022: €21k
2023: €3k
2024: €2k
2022 → 2025
Working capital
€7k
2024 · €-69k
2022: €2k
2023: €4k
2024: €-69k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€24k-€27k▲ 13.3%€30k▲ 8.6%€36k▲ 21.9%
Operating result€24k-€7k▼ 72.1%€4k▼ 41.6%€11k▲ 186%
Net result€21k-€3k▼ 84.9%€2k▼ 26.7%€7k▲ 178%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 186% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€79k ▼ 26.0%
Current assets
€40k ▲ 13.6%
Equity and liabilities €119k
Equity
€36k ▲ 21.9%
Debt
€82k ▼ 26.3%
Debt's share of the balance-sheet total falls from 79.0% to 69.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2024 · €16k
Cash flow
€33k▲
2024 · €14k
Current ratio
1.21▲
2024 · 0.34
Debt to equity
2.28▼
2024 · 3.77
ROE
18.0%▲
2024 · 7.9%
ROA
5.5%▲
2024 · 1.7%
Interest coverage
14.28▼
2024 · 100.02
Debt ≤ 1 year
€33k▼
2024 · €104k
Debt > 1 year
€49k▲
2024 · €8k
Income taxes
€2k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€141k€119k▼
Fixed assets21/28€106k€79k▼
Tangible fixed assets22/27€106k€79k▼
Land and buildings22-€1k
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€83k€63k▼
Leasing and similar rights25€20k€11k▼
Current assets29/58€35k€40k▲
Amounts receivable within one year40/41€23k€2k▼
Trade receivables40€13k€714▼
Other amounts receivable41€10k€878▼
Cash at bank and in hand54/58€12k€38k▲
Deferred charges and accrued income490/1€463€0▼
Equity and liabilities
Total equity and liabilities10/49€141k€119k▼
Equity10/15€30k€36k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€27k€33k▲
Amounts payable17/49€112k€82k▼
Amounts payable after more than one year17€8k€49k▲
Financial debts170/4€8k€49k▲
Amounts payable within one year42/48€104k€33k▼
Current portion of amounts payable after more than one year42€7k€22k▲
Trade debts44€80k€5k▼
Suppliers440/4€80k€5k▼
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€6k▲
Other amounts payable47/48€15k€526▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€27k▲
Other operating charges640/8€451€971▲
Gross operating margin9900€16k€39k▲
Operating profit (loss)9901€4k€11k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€160€3k▲
Recurring financial charges65€160€3k▲
Profit (loss) for the period before taxes9903€4k€9k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€2k€7k▲
Profit (loss) for the period to be appropriated9905€2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€33k▲
Profit (loss) brought forward from the previous period14P€24k€27k▲
Transfer to equity691/2€0-
To contributions691€0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 1.21
Current ratio from 0.34 to 1.21; short-term debt falls from €104k to €33k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €2k ▼26.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Damme · 1 establishment unit since 2022
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.
Hoornstraat 648340 DammeGround area
784 m²
Building footprint
190 m²
Volume, LiDAR
938 m³
Parcel 31019B1010/00P000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEWULF SANDER TECHNICS
since 20222.327.705.634
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31019B1010/00P000 | Flanders | 784 m² | 1 · 190 m² | 7.9 m · 2 fl. |
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
2025 · 1 entry · 1,535 EUR awarded · 1,535 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,535 EUR | 1,535 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 298 companies in sector 33150 we hold annual accounts for 159. 92 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
33150Repair, maintenance and installation of machinery and equipment
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
43211General electrical installation work
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.