DPW-SOLUTION
ActiveDPW-SOLUTION has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124k and a net result of €86k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 25% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
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
Profitability89▲+1
Solvency49▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.53 in 2024; short-term debt: 63.9% and cash: 23.4% of total assets), but 76.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
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
23.9%
Return on assets
16.5%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 10 filingsDeviation from the deadline
2025
14 d late
2024
25 d late
2023
26 d late
2022
39 d early
2021
34 d early
2020
12 d early
2019
49 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€124k▲ 5.0%
2024 · €118k
2018: €69k
2019: €78k
2020: €104k
2021: €109k
2022: €111k
2023: €111k
2024: €118k
2018 → 2025
Total assets
€521k▼ 5.6%
2024 · €551k
2018: €394k
2019: €461k
2020: €434k
2021: €471k
2022: €699k
2023: €481k
2024: €551k
2018 → 2025
Net result
€86k▼ 1.1%
2024 · €87k
2018: €20k
2019: €9k
2020: €76k
2021: €45k
2022: €32k
2023: €61k
2024: €87k
2018 → 2025
Working capital
€182k▼ 3.1%
2024 · €188k
2018: €244k
2019: €275k
2020: €201k
2021: €221k
2022: €468k
2023: €173k
2024: €188k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€111k▲ 1.7%€111k▲ 0.8%€118k▲ 6.1%€124k▲ 5.0%
Operating result€53k-€38k▼ 27.5%€70k▲ 82.4%€104k▲ 48.1%€99k▼ 4.8%
Net result€45k-€32k▼ 28.8%€61k▲ 91.5%€87k▲ 42.6%€86k▼ 1.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €521k
Fixed assets
€6k▼ 40.3%
Current assets
€515k▼ 5.0%
Equity and liabilities €521k
Equity
€124k▲ 5.0%
Debt
€396k▼ 8.5%
The debt ratio falls from 78.5% to 76.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€103k▼
2024 · €108k
Cash flow
€90k▼
2024 · €91k
Solvency
23.9%▲
2024 · 21.5%
Current ratio
1.55▲
2024 · 1.53
Quick ratio
0.80▼
2024 · 0.82
Debt / equity
3.19▼
2024 · 3.66
ROE
69.2%▼
2024 · 73.4%
ROA
16.5%▲
2024 · 15.7%
Interest coverage
10.86▲
2024 · 6.04
Debt
€396k▼
2024 · €433k
Debt ≤ 1 year
€333k▼
2024 · €354k
Debt > 1 year
€63k▼
2024 · €77k
Income taxes
€7k▼
2024 · €8k
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€551k€521k▼
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€10k€6k▼
Current assets29/58€542k€515k▼
Stocks and contracts in progress3€253k€248k▼
Stocks30/36€253k€248k▼
Amounts receivable within one year40/41€235k€145k▼
Trade receivables40€195k€117k▼
Other amounts receivable41€40k€27k▼
Cash at bank and in hand54/58€52k€122k▲
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€551k€521k▼
Equity10/15€118k€124k▲
Contributions10/11€19k€19k=
Reserves13€100k€106k▲
Distributable reserves133€100k€106k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€433k€396k▼
Amounts payable after more than one year17€77k€63k▼
Other amounts payable178/9€77k€63k▼
Amounts payable within one year42/48€354k€333k▼
Trade debts44€247k€252k▲
Suppliers440/4€247k€252k▲
Taxes, remuneration and social security45€6k€570▼
Taxes450/3€6k€570▼
Other amounts payable47/48€101k€80k▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€7k€8k▲
Gross operating margin9900€115k€111k▼
Operating profit (loss)9901€104k€99k▼
Financial income75/76B€9k€4k▼
Recurring financial income75€9k€4k▼
Financial charges65/66B€18k€9k▼
Recurring financial charges65€18k€9k▼
Profit (loss) for the period before taxes9903€95k€93k▼
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€87k€86k▼
Profit (loss) for the period to be appropriated9905€87k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€87k€86k▼
Transfer to equity691/2€7k€6k▼
To other reserves6921€7k€6k▼
Profit to be distributed694/7€80k€80k=
Directors or managers695€80k€80k=
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (7 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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €87k ▲42.6%
Operating result €104k, net result €87k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €104k ▲33%
3 profitable years in a row build equity to €104k.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼55.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Harelbeke · 1 establishment unit since 2013
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.
Meersstraat 138530 HarelbekeGround area
1,910 m²
Building footprint
357 m²
Volume, LiDAR
1,936 m³
Parcel 34322B0118/00F000, Flanders · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DPW-Solution
since 20132.222.422.527
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0118/00F000 | Flanders | 1,910 m² | 1 · 357 m² | 13.2 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.
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S.T.E.C.S.
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DEWULF STIJN
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CALLEWAERT KEVIN
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,738 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-07-2013
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.