DW Engineering
ActiveSummary
DW Engineering has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227,038 and a net result of €46,669. Equity is growing by about 3.9% per year across the filed financial years. Its solvency ranks better than 16% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- €227,038
- Profit
- €46,669
Why 67raises riskLast filed accounts filed 31 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)Equity €227,038 (13.1% of total assets)lowers riskSize: total assets €1.7mShow the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 16% on solvency, 15% on liquidity, 42% on profitability and 72% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 24 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Equity above €200,000equity €227,038 ▲25.9%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00459177.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 146% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €3,629 | - |
| Remuneration, social security and pensions62 | - | - | - | €48,408 | €44,413 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,209 | €8,940 | €71,555 | €23,624 | €31,399 | €34,376 | €50,989 | €50,128 | ▼ 1.7% |
| Other operating charges640/8 | - | - | - | €9,501 | €8,973 | €9,473 | €13,124 | €11,975 | ▼ 8.8% |
| Gross operating margin9900 | €163,992 | €123,792 | €158,694 | €124,290 | €170,870 | €110,256 | €92,114 | €131,035 | ▲ 42.3% |
| Operating profit (loss)9901 | €130,835 | €64,577 | €15,257 | €42,758 | €86,084 | €66,408 | €28,001 | €68,932 | ▲ 146% |
| Financial income75/76B | - | - | - | €2 | €1 | €14,453 | €2,793 | €12,006 | ▲ 330% |
| Recurring financial income75 | €0 | €1,155 | €46 | €2 | €1 | €0 | €54 | €12,006 | ▲ 224× |
| Non-recurring financial income76B | - | - | - | - | - | €14,453 | €2,740 | - | - |
| Financial charges65/66B | - | - | - | €9,534 | €9,489 | €8,902 | €7,930 | €18,959 | ▲ 139% |
| Recurring financial charges65 | €2,286 | €557 | €6,736 | €9,534 | €9,489 | €8,902 | €7,930 | €18,959 | ▲ 139% |
| Profit (loss) for the period before taxes9903 | €128,550 | €65,175 | €8,566 | €33,226 | €76,596 | €71,959 | €22,864 | €61,979 | ▲ 171% |
| Income taxes67/77 | €31,848 | €15,429 | €392 | €8,455 | €15,928 | €11,396 | €4,735 | €15,311 | ▲ 223% |
| Profit (loss) for the period9904 | €96,702 | €49,746 | €8,174 | €24,771 | €60,668 | €60,563 | €18,129 | €46,669 | ▲ 157% |
| Profit (loss) for the period to be appropriated9905 | €96,702 | €49,746 | €8,174 | €24,771 | €60,668 | €60,563 | €18,129 | €46,669 | ▲ 157% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.2m | €0.3m | €0.9m | €0.8m | €0.9m | €0.9m | €1.1m | €1.7m | ▲ 64.8% |
| Fixed assets21/28 | €0.02m | €0.03m | €0.6m | €0.6m | €0.6m | €0.6m | €0.8m | €1.7m | ▲ 101% |
| Tangible fixed assets22/27 | €0.02m | €0.03m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 7.8% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 4.6% |
| Plant, machinery and equipment23 | - | - | - | €461 | €0.02m | €0.02m | €0.01m | €0.006m | ▼ 44.2% |
| Furniture and vehicles24 | - | - | - | €0.007m | €0.005m | €0.08m | €0.06m | €0.04m | ▼ 27.6% |
| Financial fixed assets28 | €430 | €430 | €430 | €430 | €430 | €150 | €0.3m | €1.1m | ▲ 333% |
| Current assets29/58 | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.09m | ▼ 63.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.2m | €0.08m | €0.1m | €0.1m | €0.2m | €0.04m | ▼ 80.7% |
| Trade receivables40 | - | - | - | €0.06m | €0.08m | €0.08m | €0.04m | €0.03m | ▼ 26.4% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.02m | €0.03m | €0.2m | €0.01m | ▼ 92.2% |
| Current investments50/53 | - | - | - | - | - | - | €0.01m | €0.01m | ▲ 13.7% |
| Cash at bank and in hand54/58 | €0.06m | €0.09m | €0.1m | €0.2m | €0.2m | €0.2m | €0.02m | €0.03m | ▲ 85.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.001m | €462 | €257 | €260 | ▲ 1.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.2m | €0.3m | €0.9m | €0.8m | €0.9m | €0.9m | €1.1m | €1.7m | ▲ 64.8% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 25.9% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.1m | €0.2m | €0.2m | ▲ 28.8% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.3m | €0.1m | €0.2m | €0.2m | ▲ 28.8% |
| Amounts payable17/49 | €0.08m | €0.08m | €0.6m | €0.6m | €0.6m | €0.7m | €0.9m | €1.5m | ▲ 72.8% |
| Amounts payable after more than one year17 | - | - | €0.6m | €0.5m | €0.5m | €0.5m | €0.4m | €0.6m | ▲ 39.2% |
| Financial debts170/4 | - | - | - | €0.5m | €0.5m | €0.5m | €0.4m | €0.6m | ▲ 39.2% |
| Amounts payable within one year42/48 | €0.08m | €0.08m | €0.1m | €0.08m | €0.07m | €0.3m | €0.4m | €0.9m | ▲ 109% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.06m | ▲ 116% |
| Trade debts44 | €0.03m | €0.02m | €0.01m | €0.04m | €0.04m | €0.05m | €375 | €0.007m | ▲ 18× |
| Suppliers440/4 | - | - | - | €0.04m | €0.04m | €0.05m | €375 | €0.007m | ▲ 18× |
| Taxes, remuneration and social security45 | - | - | - | €0.009m | €0.003m | €0.03m | €0.003m | €0.01m | ▲ 254% |
| Taxes450/3 | - | - | - | €0 | €0.002m | €0.03m | €0.003m | €0.01m | ▲ 254% |
| Remuneration and social security454/9 | - | - | - | €0.009m | €0.001m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.001m | €4 | €0.2m | €0.4m | €0.8m | ▲ 105% |
| Accrued charges and deferred income492/3 | - | - | - | €26 | - | - | €0.006m | €458 | ▼ 92.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €96,702 | €49,746 | €8,174 | €24,771 | €60,668 | €60,563 | €18,129 | €46,669 | ▲ 157% |
| + Depreciation and write-downs630 | €6,209 | €8,940 | €71,555 | €23,624 | €31,399 | €34,376 | €50,989 | €50,128 | ▼ 1.7% |
| Operating cash flow (approximation) | €102,911 | €58,686 | €79,729 | €48,394 | €92,067 | €94,939 | €69,118 | €96,797 | ▲ 40.0% |
| Investment in fixed assets (approximation) | - | -€20,114 | -€606,457 | -€13,754 | -€29,505 | -€86,960 | -€266,074 | -€879,957 | ▼ 231% |
| Change in cash | - | €29,040 | €46,018 | €63,627 | €2,930 | -€19,783 | -€162,527 | €14,257 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00459177 |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00449126 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00405796 |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00369438 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20368189 |
| 31-12-2020 | micro format | 20-08-2021 | 2021-50900011 |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35600339 |
| 31-12-2018 | micro format | 20-08-2019 | 2019-48200232 |
| 31-12-2017 | micro format | 02-07-2018 | 2018-26400335 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 · 1 entry · €542 awarded · €542 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| WEERTS Dimitri |
|
Owners and capital
Capital and shareholders
- 22-01-2024 Converted to unavailable equity
- 22-01-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
22-01
Gazette deed
Resignation: WEERTS Dimitri (manager)Appointment: WEERTS Dimitri (director) · Capital conversion · Amendment of the articles12 facts ▸
- General meeting, 12-01-2024
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, WEERTS Dimitri (manager)
- Director discharge, WEERTS Dimitri
- Director appointment, WEERTS Dimitri (director (not named in the articles))
- Registered office clause, “Kleinstraat 13,3500 Hasselt” (deed in Dutch)
- Power of attorney
- Power of attorney, Eric GILISSEN
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0664.906.393
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71323C0955/00V000 | Flanders | 2,309 m² | 1 · 490 m² | 10.3 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies die rechtstreeks of onrechtstreeks met haar…” (deed in Dutch)
14 activities (deed in Dutch)
- Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies die rechtstreeks of onrechtstreeks met haar maatschappelijk voorwerp verband houden.
- Het in de ruimste zin van het woord verlenen van diensten-zowel consultancy als implementatie-,advies en bijstand aan particulieren,de bedrijfswereld en de overheid hieronder begrepen het uitoefenen van algemeen management,het verlenen van adviezen van financiële,technische,(bedrijfs)economische,sociale,organisatorische,commerciële of administratieve aard,adviesverlening rond marketing en marketing communicatie;
- Het in de ruimste zin van het woord verlenen van diensten,advies en bijstand inzake strategie en business planning,operationele leiding(inkoop,productie en logistiek),kwaliteitssystemen,change managementveranderingstrajecten,innovatieplanning en projectbegeleiding,human resources beleid en het coachen van executives en leidinggevenden binnen een loopbaanplanning of outplacement;
- Het maken van studies van diverse aard;
- Zowel voor eigen rekening,voor rekening van derden,als in deelneming met derden,bijdragen tot de vestiging en de ontwikkeling van ondernemingen;
- Het verwerven,door inschrijving of aankoop,voor eigen rekening van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen;
- Sanitaire werken,het plaatsen van centrale verwarming en klimaatregeling;het plaatsen van installaties voor energiewinning uit zonnewarmte of uit andere natuurlijke of industriële bronnen;
- De installatie van elektrische materialen;
- Het leveren van diensten als ingenieur en aanverwante diensten als technisch adviseur;
- De aan-en verkoop,groot-en kleinhandel,import en export van diverse handelsgoederen in de meest ruime zin van het woord;
- Handelsbemiddeling in de meeste ruime zin van het woord;
- Het voor eigen rekening aanleggen,het oordeelkundig uitbouwen en beheren van een roerend en onroerend vermogen.
- Het beheer van en de handel in onroerende goederen voor eigen rekening.Zo kan de vennootschap onroerende goederen bouwen,renoveren,kopen en verkopen,huren en verhuren en alle mogelijke onroerende handelingen verrichten die daarmee verband houden.De vennootschap kan als waarborg voor eigen verbintenissen en voor verbintenissen van derden borg staan,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- Projectontwikkeling
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DW Engineering
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, met of zonder beperking” (deed in Dutch)“Algemene kosten los van representatie-,reis-en verplaatsingskosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Zoals inzake statutenwijziging, algemene vergadering” (deed in Dutch)“Ontbinding, beslissing algemene vergadering beslissende in vormen voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, vereffenaars bij ontbinding” (deed in Dutch)