DEXOWL
Dissolution or liquidationSummary
The KBO register records for DEXOWL the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €7.7m and a net result of -€2.1m.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year -€2.1m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
41 d late
2022
25 d late
2021
26 d late
2020
27 d late
2019
5 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 24 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Wholesale of wines and spirits sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2.1m▼ 189%
2023 · -€713,042
Working capital
€12.0m▼ 5.5%
2023 · €12.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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-€644,300▼ 84.4%-€1.7m▼ 167%-€1.9m▼ 11.2%-€668,161▲ 65.1%-€2.0m▼ 200%
Net result-€693,961below the sector's middle half▼ 90.7%-€1.8mbelow the sector's middle half▼ 155%-€1.9mbelow the sector's middle half▼ 9.7%-€713,042below the sector's middle half▲ 63.3%-€2.1mbelow the sector's middle half▼ 189%
Equity€3.5mabove the sector's middle half▲ 25.6%€5.8mabove the sector's middle half▲ 62.8%€6.8mabove the sector's middle half▲ 17.1%€8.8mabove the sector's middle half▲ 30.1%€7.7mabove the sector's middle half▼ 12.0%
Total assets€4.9mabove the sector's middle half▲ 24.7%€9.3mabove the sector's middle half▲ 91.0%€16.6mabove the sector's middle half▲ 78.1%€16.9mabove the sector's middle half▲ 1.8%€13.4mabove the sector's middle half▼ 20.5%
Debt€1.3m▲ 22.2%€3.5m▲ 167%€9.8m▲ 178%€8.1m▼ 17.8%€5.7m▼ 29.8%
Working capital€4.0m▲ 21.2%€5.3m▲ 29.8%€11.7m▲ 123%€12.7m▲ 8.2%€12.0m▼ 5.5%
Solvency72.9%above the sector's middle half▲ 0.5pp62.1%within the sector's middle half▼ 10.8pp40.9%within the sector's middle half▼ 21.3pp52.2%within the sector's middle half▲ 11.4pp57.8%within the sector's middle half▲ 5.6pp
Staff (FTE)0.3below the sector's middle half1▲ 233%1.6▲ 60.0%1.7below the sector's middle half▲ 6.3%1below the sector's middle half▼ 41.2%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result +63% on 2022. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.0m in 2024 against €668,161 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.4m
Fixed assets
€889,381 ▼ 13.3%
Current assets
€12.5m ▼ 21.0%
Equity and liabilities €13.4m
Equity
€7.7m ▼ 12.0%
Debt
€5.7m ▼ 29.8%
Debt's share of the balance-sheet total falls from 47.8% to 42.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1.9m▼
2023 · -€531,498
Cash flow
-€1.9m▼
2023 · -€576,380
Current ratio
24.11▲
2023 · 5.03
Quick ratio
18.47▲
2023 · 3.28
Debt to equity
0.73▼
2023 · 0.92
ROE
-26.6%▼
2023 · -8.1%
ROA
-15.4%▼
2023 · -4.2%
Interest coverage
-34.52▼
2023 · -14.88
Debt ≤ 1 year
€518,832▼
2023 · €3.2m
Debt > 1 year
€5.1m▲
2023 · €4.8m
Income taxes
€0▼
2023 · €9,258
Staff costs
€67,744▼
2023 · €87,254
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €62,637 | €105,078 | €87,254 | €67,744 | ▼ 22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €25,595 | €132,126 | €136,662 | €136,475 | ▼ 0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €767,729 | - |
| Other operating charges640/8 | - | €2,071 | €10,275 | €4,298 | €27,459 | ▲ 539% |
| Non-recurring operating charges66A | - | - | - | - | €809,833 | - |
| Gross operating margin9900 | -€628,115 | -€1.6m | -€1.7m | -€439,946 | -€196,148 | ▲ 55.4% |
| Operating profit (loss)9901 | -€644,300 | -€1.7m | -€1.9m | -€668,161 | -€2.0m | ▼ 200% |
| Financial income75/76B | - | €7 | €11 | €88 | €1,275 | ▲ 1,344% |
| Recurring financial income75 | €0 | €7 | €11 | €88 | €1,275 | ▲ 1,344% |
| Financial charges65/66B | - | €51,245 | €30,627 | €35,712 | €54,141 | ▲ 51.6% |
| Recurring financial charges65 | €49,661 | €51,245 | €30,627 | €35,712 | €54,141 | ▲ 51.6% |
| Profit (loss) for the period before taxes9903 | -€693,961 | -€1.8m | -€1.9m | -€703,784 | -€2.1m | ▼ 192% |
| Income taxes67/77 | - | - | - | €9,258 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | -€693,961 | -€1.8m | -€1.9m | -€713,042 | -€2.1m | ▼ 189% |
| Profit (loss) for the period to be appropriated9905 | -€693,961 | -€1.8m | -€1.9m | -€713,042 | -€2.1m | ▼ 189% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.9m | €9.3m | €16.6m | €16.9m | €13.4m | ▼ 20.5% |
| Fixed assets21/28 | - | €1.2m | €1.2m | €1.0m | €889,381 | ▼ 13.3% |
| Intangible fixed assets21 | - | €554,419 | €522,715 | €386,818 | €250,922 | ▼ 35.1% |
| Tangible fixed assets22/27 | - | €2,111 | €1,345 | €579 | - | - |
| Furniture and vehicles24 | - | €2,111 | €1,345 | €579 | - | - |
| Financial fixed assets28 | - | €638,459 | €638,459 | €638,459 | €638,459 | = |
| Current assets29/58 | €4.9m | €8.1m | €15.4m | €15.8m | €12.5m | ▼ 21.0% |
| Stocks and contracts in progress3 | €3.6m | €5.1m | €5.9m | €5.5m | €2.9m | ▼ 46.9% |
| Stocks30/36 | - | €5.1m | €5.9m | €5.5m | €2.9m | ▼ 46.9% |
| Amounts receivable within one year40/41 | €137,766 | €2.9m | €9.2m | €10.0m | €9.5m | ▼ 4.6% |
| Trade receivables40 | - | €56,078 | €854,568 | €871,946 | €886,223 | ▲ 1.6% |
| Other amounts receivable41 | - | €2.8m | €8.4m | €9.1m | €8.6m | ▼ 5.2% |
| Cash at bank and in hand54/58 | €1.1m | €127,821 | €77,704 | €311,091 | €43,566 | ▼ 86.0% |
| Deferred charges and accrued income490/1 | - | €23,460 | €219,520 | €16,586 | €4,592 | ▼ 72.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.9m | €9.3m | €16.6m | €16.9m | €13.4m | ▼ 20.5% |
| Equity10/15 | €3.5m | €5.8m | €6.8m | €8.8m | €7.7m | ▼ 12.0% |
| Contributions10/11 | €3.5m | €8.6m | €11.5m | €14.3m | €15.3m | ▲ 7.0% |
| Capital10 | - | €7.5m | €9.7m | €12.4m | €13.4m | ▲ 8.0% |
| Issued capital100 | - | €7.5m | €9.7m | €13.4m | €13.4m | = |
| Uncalled capital101 | - | - | - | €1.0m | - | - |
| Outside capital11 | - | €1.1m | €1.9m | €1.9m | €1.9m | = |
| Share premium1100/10 | - | €1.1m | €1.9m | €1.9m | €1.9m | = |
| Profit (loss) carried forward14 | -€1.1m | -€2.8m | -€4.8m | -€5.5m | -€7.5m | ▼ 37.5% |
| Amounts payable17/49 | €1.3m | €3.5m | €9.8m | €8.1m | €5.7m | ▼ 29.8% |
| Amounts payable after more than one year17 | €500,000 | €671,000 | €5.3m | €4.8m | €5.1m | ▲ 7.4% |
| Financial debts170/4 | - | €171,000 | €2.0m | €1.5m | €1.9m | ▲ 25.7% |
| Other amounts payable178/9 | - | €500,000 | €3.3m | €3.3m | €3.3m | ▼ 0.9% |
| Amounts payable within one year42/48 | €818,384 | €2.8m | €3.7m | €3.2m | €518,832 | ▼ 83.5% |
| Current portion of amounts payable after more than one year42 | - | - | €216,794 | €522,508 | - | - |
| Trade debts44 | - | €2.0m | €2.7m | €1.9m | - | - |
| Suppliers440/4 | - | €2.0m | €2.7m | €1.9m | - | - |
| Taxes, remuneration and social security45 | - | €10,903 | €40,446 | €27,509 | €4,666 | ▼ 83.0% |
| Taxes450/3 | - | €1,986 | €12,461 | €18,988 | €4,530 | ▼ 76.1% |
| Remuneration and social security454/9 | - | €8,917 | €27,984 | €8,521 | €135 | ▼ 98.4% |
| Other amounts payable47/48 | - | €864,167 | €714,167 | €664,167 | €514,167 | ▼ 22.6% |
| Accrued charges and deferred income492/3 | - | €2,993 | €803,538 | €125,600 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€693,961 | -€1.8m | -€1.9m | -€713,042 | -€2.1m | ▼ 189% |
| + Depreciation and write-downs630 | - | €25,595 | €132,126 | €136,662 | €136,475 | ▼ 0.1% |
| Operating cash flow (approximation) | -€693,961 | -€1.7m | -€1.8m | -€576,380 | -€1.9m | ▼ 233% |
| Investment in fixed assets (approximation) | - | - | -€99,656 | €0 | €0 | - |
| Change in cash | - | -€970,759 | -€50,117 | €233,387 | -€267,525 | ▼ 215% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet -€2.1m
Net result drops to -€2.1m, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 24.11
Current ratio from 5.03 to 24.11; short-term debt falls from €3.2m to €518,832.
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 41 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Equity above €5mEq €5.8m ▲62.8%
Equity rises from €3.5m to €5.8m.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
26-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Fexhe-le-Haut-Clocher · 1 establishment unit since 2018
Ground area
1.0 ha
Building footprint
2,444 m²
Volume, LiDAR
2,312 m³
2 parcels, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEXOWL
since 20182.300.649.166
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62016B0287/00Z000 | Wallonia | 7,809 m² | 1 · 2,184 m² | - |
| 64423B0207/00Y000 | Wallonia | 2,212 m² | 1 · 260 m² | 11.2 m · 3 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.
Structure & network
Owners and holdings
4 owners · 1 holdingOwners 4
-
19.69%
-
12.18%
-
6.72%
-
2%
Holdings 1
-
100%
According to the 2024 annual accounts of DEXOWL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGrâce-Hollogne2.300.649.166
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Of 1,049 companies in sector 46341 we hold annual accounts for 535. 81 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46341Wholesale of wines and spirits
E-invoicing
Reachable via Peppol
Peppol ID
0208:0716773382
Also
9925:BE0716773382
Registered
03-02-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.