DUINENWATER GROUP
ActiveSummary
DUINENWATER GROUP has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €906,343 and a net result of -€101,276. Equity has been growing by about 21% per year since 2019. Its solvency ranks better than 75% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 12-10-2018 Normal situation
- Registered office
- 39 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Development of non-residential building projects NACE 68122and 4 others
- Establishment unit
- 2.280.892.840 2030 Antwerpen, since 12-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 11-03-2025
Board and ownership
Board
- VAN WELLEN GROUPDirector · since 27-06-2023 · permanent representative Louis Van Wellen
- Francis GeernaertDirector
- Michel De BisscopDirector
Shareholders
- VAN WELLEN GROUP43.13%· score 872025 annual accounts of VAN WELLEN GROUP
- AQUA et DUNA10.78%· score 652025 annual accounts of AQUA et DUNA
- BELCOFIM10.78%· score 912025 annual accounts of BELCOFIM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- -€99,892
- ▲ 42.7%
- Loss
- €101,276
- ▼ 38.9%
- Equity
- €906,343
- ▼ 10.1%
- Total assets
- €1.4m
- ▼ 13.1%
Turnover not published (abbreviated format)
Score breakdownraises riskLoss of €101,276, the second in a row (financial year 2025)lowers riskSize: total assets €1.4mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 16-07-2026)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency
89+2
equity 63.9% of total assets
Liquidity
64-6
short-term debt 1.9% · cash 11.0%
Profitability
20+8
return on assets -7.1%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 51.74 (9.49 in 2024), above the usual 1.5. Short-term debt is 1.9% and cash 11% of total assets. 36.1% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 74% of them on solvency, 75% on liquidity, 20% on profitability and 28% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€101,276
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
15 days early
2024
22 days early
2023
5 days early
2022
18 days early
2021
45 days early
2020
26 days early
2019
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: Lower net result than 89% of companies in real estatesector median €9,999 · 11,252 companies -€101,276 View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€101,276 View
- Positive: Always filed on timeaccounts within the deadline every year 7 years View
- Positive: Result rose in 2025from -€165,785 to -€101,276 ▲ 38.9% View
Recent changes
- · Gazette deed 3 directors appointed, 4 directors resigningChanges of role: Michel De Bisscop (director) and Francis Geernaert (director) · Resignations: ALINE NV (manager and director) and Louis Van Wellen (manager and director) · Permanent representatives: Julia Van der Kelen and Louis Van Wellen
- · Gazette deed Incorporation
Companies linked to DUINENWATER GROUP
Comparable companies
These companies have the same main activity as DUINENWATER GROUP: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €966,000 and €2m, founded between 2017 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| DUINENWATER GROUP Antwerpen | €1.4m | -€0.1m |
| AFRIT 25 Balen | €1.8m | -€0.003m |
| PIREBO Zwevegem | €1.3m | -€0.01m |
| ARTENUM Verviers | €1.9m | -€0.1m |
| BVI.EU GREEN BUSINESS PARK THE GEORGES Kontich | €2.0m | -€0.2m |
| Immo Trimmo Essen | €1.0m | -€0.04m |
| peer+peper Kasterlee | €1.8m | -€0.02m |
Key facts about DUINENWATER GROUP
- What is the company number of DUINENWATER GROUP?
- The company number of DUINENWATER GROUP is 0708.979.631. The VAT number is the same number with BE in front: BE 0708.979.631.
- Where is DUINENWATER GROUP based?
- The registered office is at Kambalastraat 14, 2030 Antwerpen.Company details
- What does DUINENWATER GROUP do?
- According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
- What is the legal form of DUINENWATER GROUP?
- The legal form of DUINENWATER GROUP is Private limited company (BV).
- When was DUINENWATER GROUP founded?
- DUINENWATER GROUP was founded on 12-10-2018.
- Is DUINENWATER GROUP still active?
- Yes, DUINENWATER GROUP is an active enterprise in the KBO register.
- What is the turnover of DUINENWATER GROUP?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it. In financial year 2024 turnover was €4,273.Financials
- Is DUINENWATER GROUP profitable?
- In financial year 2025, DUINENWATER GROUP made a loss of €101,276.
- Where can I find the annual accounts of DUINENWATER GROUP?
- DUINENWATER GROUP filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DUINENWATER GROUP due?
- DUINENWATER GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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