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DNWorks

Active
Private limited companyfounded 20224 yrs activeVijverweide 24, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0782.617.180

DNWorks has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €57k. Equity is growing by ~71% per year across the filed fiscal years. Its solvency ranks better than 19% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-18
Solvency42▼-44
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 2.4 in 2024; short-term debt: 16.8% and cash: 16.2% of total assets), and 83.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 16941 sector peers (2025).
NBB · sector comparison
Position among 16941 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
4 d early
2024
on the day
2023
1 d early
2022
4 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€90k▼ 8.6%
2024 · €99k
2022: €-11k 2023: €12k 2024: €99k
2022 → 2025
Total assets
€538k▲ 232%
2024 · €162k
2022: €17k 2023: €59k 2024: €162k
2022 → 2025
Net result
€57k▼ 35.1%
2024 · €87k
2022: €-14k 2023: €24k 2024: €87k
2022 → 2025
Working capital
€35k▼ 60.5%
2024 · €89k
2022: €-11k 2023: €11k 2024: €89k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€-11k-€12k€99k▲ 708%€90k▼ 8.6%
Operating result€-14k-€30k€113k▲ 280%€79k▼ 29.9%
Net result€-14k-€24k€87k▲ 264%€57k▼ 35.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2022: €-14k€-14kNet result 2022: €-14k€-14kOperating result 2023: €30k€30kNet result 2023: €24k€24kOperating result 2024: €113k€113kNet result 2024: €87k€87kOperating result 2025: €79k€79kNet result 2025: €57k€57k2022202320242025
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €538k
Fixed assets €413k▲ 4,148%
Current assets €125k▼ 17.7%
Equity and liabilities €538k
Equity €90k▼ 8.6%
Debt €448k▲ 607%
The debt ratio rises from 39.1% to 83.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€100k
2024 · €114k
Cash flow
€77k
2024 · €89k
Solvency
16.7%
2024 · 60.9%
Current ratio
1.39
2024 · 2.40
Quick ratio
1.39
2024 · 2.40
Debt / equity
4.97
2024 · 0.64
ROE
62.8%
2024 · 88.5%
ROA
10.5%
2024 · 53.9%
Interest coverage
9.58
2024 · 92.01
Debt
€448k
2024 · €63k
Debt ≤ 1 year
€90k
2024 · €63k
Debt > 1 year
€355k
Income taxes
€12k
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€162k€538k
Fixed assets21/28€10k€413k
Tangible fixed assets22/27€10k€413k
Land and buildings22-€405k
Plant, machinery and equipment23€1k€772
Furniture and vehicles24€7k€5k
Other tangible fixed assets26€2k€2k
Current assets29/58€152k€125k
Amounts receivable within one year40/41€17k€31k
Trade receivables40€17k€25k
Other amounts receivable41-€6k
Cash at bank and in hand54/58€135k€87k
Deferred charges and accrued income490/1€367€7k
Equity and liabilities
Total equity and liabilities10/49€162k€538k
Equity10/15€99k€90k
Contributions10/11€4k€4k=
Reserves13€95k€87k
Distributable reserves133€95k€87k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€63k€448k
Amounts payable after more than one year17-€355k
Financial debts170/4-€355k
Amounts payable within one year42/48€63k€90k
Current portion of amounts payable after more than one year42-€13k
Financial debts43€1€1k
Credit institutions430/8€1€1k
Trade debts44€762€2k
Suppliers440/4€762€2k
Taxes, remuneration and social security45€29k€8k
Taxes450/3€29k€8k
Other amounts payable47/48€34k€65k
Accrued charges and deferred income492/3-€2k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€21k
Other operating charges640/8€1k€1k
Gross operating margin9900€115k€101k
Operating profit (loss)9901€113k€79k
Financial income75/76B-€34
Recurring financial income75-€34
Financial charges65/66B€1k€10k
Recurring financial charges65€1k€10k
Profit (loss) for the period before taxes9903€111k€69k
Income taxes67/77€24k€12k
Profit (loss) for the period9904€87k€57k
Profit (loss) for the period to be appropriated9905€87k€57k
Appropriation of the result
Profit (loss) to be appropriated9906€87k€57k
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€65k
Transfer to equity691/2€86k€57k
To other reserves6921€86k€57k
Profit to be distributed694/7€833€65k
Return on contributions (dividend)694€833€65k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
27-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Highest result since 2022net €87k ▲264%
Operating result €113k, net result €87k, both a record.
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Back to profitnet €24k
Net result €24k after one loss-making year.
31-03
Financial Liquidity doublescurrent ratio 1.23
Current ratio from 0.61 to 1.23.
2022
27-10
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
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, Oudenaarde · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Vijverweide 249700 Oudenaarde
Ground area
786 m²
Building footprint
175 m²
Volume, LiDAR
1,278 m³
Parcel 45504A0169/00H000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DNWorks
Vijverweide 24, 9700 OudenaardeGeneral electrical installation work
since 20222.328.163.217
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45504A0169/00H000 Flanders 786 m² 1 · 175 m² 10.6 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.

Similar companies · same sector, comparable size

Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,401 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-02-2022
Fiscal year end31-03
Activities, NACEBEL
62900Other information technology and computer services
43211General electrical installation work
68201Renting and operating of own or leased residential real estate, excluding social housing
70100Activities of head offices
73120Media representation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.