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DNW

Bankruptcy closed
Private limited company (pre-2019)founded 2018Aarlenstraat 25, 1050 Elsene, BelgiumKBO/BCE: BE 0716.770.612

Inactive since 06-06-2026; last annual accounts for fiscal year 2021.

Summary

DNW was declared bankrupt on 06-05-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 02-06-2026, published in the Belgian State Gazette on 11-06-2026.

Signals

1 signal.
+raises risk
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 11-06-2026. The registration has since been removed from the register.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DNW was incorporated on 21 December 2018.1 Total assets fell from EUR 93,837 in 2019 to EUR 79,513 in 2021.2 On 6 May 2025 the company was declared bankrupt; the bankruptcy was closed on 2 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 14-05-2025
  4. 4Belgian State Gazette, 11-06-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€6,084▼ 73.9%
2020 · €23,314
Total assets
€79,513▼ 1.8%
2020 · €80,965
Net result
-€17,230
2020 · €2,284
Working capital
-€38,059▼ 285%
2020 · -€9,874
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result-€6,295-€5,302-€15,262
Net result-€11,624-€2,284-€17,230
Equity€6,976-€23,314▲ 234%€6,084▼ 73.9%
Total assets€93,837-€80,965▼ 13.7%€79,513▼ 1.8%
Debt€86,861-€57,651▼ 33.6%€73,429▲ 27.4%
Working capital-€30,600--€9,874▲ 67.7%-€38,059▼ 285%
Staff (FTE)1.1-1.4▲ 27.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2019: -€6,295-€6,295Net result 2019: -€11,624-€11,624Operating result 2020: €5,302€5,302Net result 2020: €2,284€2,284Operating result 2021: -€15,262-€15,262Net result 2021: -€17,230-€17,230201920202021-€20,000-€10,000€0€10,000Operating result 2019: -€6,295-€6,300Net result 2019: -€11,624-€11,600Operating result 2020: €5,302€5,300Net result 2020: €2,284€2,280Operating result 2021: -€15,262-€15,300Net result 2021: -€17,230-€17,200201920202021
The operating result turns negative in 2021: a loss of €15,262 after €5,302 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €79,513
Fixed assets €53,489 ▲ 2.7%
Current assets €26,024 ▼ 9.9%
Equity and liabilities €79,513
Equity €6,084 ▼ 73.9%
Debt €73,429 ▲ 27.4%
Debt's share of the balance-sheet total rises from 71.2% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
-€0▼
2020 · €17,230
Cash flow
-€1,969▼
2020 · €14,212
Current ratio
0.41▼
2020 · 0.75
Quick ratio
0.27▼
2020 · 0.54
Debt to equity
12.07▲
2020 · 2.47
ROE
-283.2%▼
2020 · 9.8%
ROA
-21.7%▼
2020 · 2.8%
Interest coverage
0.00▼
2020 · 4.81
Debt ≤ 1 year
€64,083▲
2020 · €38,754
Debt > 1 year
€9,346▼
2020 · €18,897
Staff costs
€38,712▲
2020 · €22,289
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 53 lines
Balance sheet Code20202021
Assets
Total assets20/58€80,965€79,513▼
Fixed assets21/28€52,085€53,489▲
Tangible fixed assets22/27€35,785€37,189▲
Plant, machinery and equipment23€35,785€37,189▲
Financial fixed assets28€16,300€16,300=
Current assets29/58€28,880€26,024▼
Stocks and contracts in progress3€7,763€8,402▲
Stocks30/36€7,763€8,402▲
Amounts receivable within one year40/41€16,530€11,318▼
Trade receivables40€8,030€7,052▼
Other amounts receivable41€8,500€4,266▼
Cash at bank and in hand54/58€125€339▲
Deferred charges and accrued income490/1€4,462€5,966▲
Equity and liabilities
Total equity and liabilities10/49€80,965€79,513▼
Equity10/15€23,314€6,084▼
Contributions10/11€18,600€18,600=
Reserves13€14,519€14,519=
Non-distributable reserves130/1€465€465=
Reserves not available under the articles1311€465€465=
Tax-exempt reserves132€14,054€14,054=
Profit (loss) carried forward14-€9,805-€27,035▼
Amounts payable17/49€57,651€73,429▲
Amounts payable after more than one year17€18,897€9,346▼
Financial debts170/4€18,897€9,346▼
Amounts payable within one year42/48€38,754€64,083▲
Current portion of amounts payable after more than one year42€10,800€12,680▲
Financial debts43€4,391€2,016▼
Credit institutions430/8€4,391€2,016▼
Trade debts44€16,435€35,076▲
Suppliers440/4€16,435€35,076▲
Taxes, remuneration and social security45€7,128€10,945▲
Taxes450/3€3,928€7,688▲
Remuneration and social security454/9€3,200€3,257▲
Other amounts payable47/48-€3,367
Income statement Code20202021
Remuneration, social security and pensions62€22,289€38,712▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,928€15,261▲
Other operating charges640/8€582€1,927▲
Gross operating margin9900€40,101€40,639▲
Operating profit (loss)9901€5,302-€15,262▼
Financial income75/76B€566-
Recurring financial income75€566-
Financial charges65/66B€3,584€1,969▼
Recurring financial charges65€3,584€1,969▼
Profit (loss) for the period before taxes9903€2,284-€17,230▼
Profit (loss) for the period9904€2,284-€17,230▼
Transfer from tax-exempt reserves789€14,054-
Profit (loss) for the period to be appropriated9905€16,338-€17,230▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,714-€27,035▼
Profit (loss) brought forward from the previous period14P-€11,624-€9,805▲
Transfer to equity691/2€14,519-
To the legal reserve6920€465-
To other reserves6921€14,054-
Social balance
Average headcount (FTE)90871.4-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Remuneration, social security and pensions62-€22,289€38,712▲ 73.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,928€11,928€15,261▲ 27.9%
Other operating charges640/8-€582€1,927▲ 231%
Gross operating margin9900€47,584€40,101€40,639▲ 1.3%
Operating profit (loss)9901-€6,295€5,302-€15,262▼ 388%
Financial income75/76B-€566--
Recurring financial income75€7€566--
Financial charges65/66B-€3,584€1,969▼ 45.1%
Recurring financial charges65€5,336€3,584€1,969▼ 45.1%
Profit (loss) for the period before taxes9903-€11,624€2,284-€17,230▼ 854%
Profit (loss) for the period9904-€11,624€2,284-€17,230▼ 854%
Transfer from tax-exempt reserves789-€14,054--
Profit (loss) for the period to be appropriated9905-€11,624€16,338-€17,230▼ 205%
Line201920202021Change
Assets
Total assets20/58€93,837€80,965€79,513▼ 1.8%
Fixed assets21/28€63,913€52,085€53,489▲ 2.7%
Tangible fixed assets22/27€47,713€35,785€37,189▲ 3.9%
Plant, machinery and equipment23-€35,785€37,189▲ 3.9%
Financial fixed assets28€16,200€16,300€16,300=
Current assets29/58€29,924€28,880€26,024▼ 9.9%
Stocks and contracts in progress3€8,215€7,763€8,402▲ 8.2%
Stocks30/36-€7,763€8,402▲ 8.2%
Amounts receivable within one year40/41€20,320€16,530€11,318▼ 31.5%
Trade receivables40-€8,030€7,052▼ 12.2%
Other amounts receivable41-€8,500€4,266▼ 49.8%
Cash at bank and in hand54/58€1,389€125€339▲ 171%
Deferred charges and accrued income490/1-€4,462€5,966▲ 33.7%
Equity and liabilities
Total equity and liabilities10/49€93,837€80,965€79,513▼ 1.8%
Equity10/15€6,976€23,314€6,084▼ 73.9%
Contributions10/11€18,600€18,600€18,600=
Reserves13-€14,519€14,519=
Non-distributable reserves130/1-€465€465=
Reserves not available under the articles1311-€465€465=
Tax-exempt reserves132-€14,054€14,054=
Profit (loss) carried forward14-€11,624-€9,805-€27,035▼ 176%
Amounts payable17/49€86,861€57,651€73,429▲ 27.4%
Amounts payable after more than one year17€26,337€18,897€9,346▼ 50.5%
Financial debts170/4-€18,897€9,346▼ 50.5%
Amounts payable within one year42/48€60,524€38,754€64,083▲ 65.4%
Current portion of amounts payable after more than one year42-€10,800€12,680▲ 17.4%
Financial debts43-€4,391€2,016▼ 54.1%
Credit institutions430/8-€4,391€2,016▼ 54.1%
Trade debts44€27,528€16,435€35,076▲ 113%
Suppliers440/4-€16,435€35,076▲ 113%
Taxes, remuneration and social security45-€7,128€10,945▲ 53.6%
Taxes450/3-€3,928€7,688▲ 95.7%
Remuneration and social security454/9-€3,200€3,257▲ 1.8%
Other amounts payable47/48--€3,367-
Line201920202021Change
Profit (loss) for the period9904-€11,624€2,284-€17,230▼ 854%
+ Depreciation and write-downs630€11,928€11,928€15,261▲ 27.9%
Operating cash flow (approximation)€304€14,212-€1,969▼ 114%
Investment in fixed assets (approximation)--€100-€16,665▼ 16,565%
Change in cash--€1,264€214▲ 117%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
11-06
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 02-06-2026
2025
07-11
Bankruptcy Judicial dissolution
Ondernemingsrechtbank Brussel
14-05
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 06-05-2025
2023
11-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 437 days late
2022
19-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 262 days late
2021
31-12
Financial Weakest financial yearnet -€17,230
Net result drops to -€17,230, the lowest in the series.
2020
31-12
Financial Back to profitnet €2,284
Net result €2,284 after one loss-making year.
21-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 113 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Elsene
exact location from the address register On OpenStreetMap
Ground area
305 m²
Building footprint
117 m²
Volume, LiDAR
1,945 m³
Parcel 21442A0007/00N017, Brussels · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
51 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21442A0007/00N017 Brussels 305 m² 1 · 117 m² 20.1 m · 6 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ANIEK BERGMANS
NINOOFSESTEENWEG 244, 1700 DILBEEK
06-05-2025 → 02-06-2026

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Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. 5,570 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 (pre-2019)
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
46170Agents in the wholesale of food, beverages and tobacco
46349Wholesale of beverages, general range
56210Event catering
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.