DW Grondwerken
ActiveThe computed 12-month bankruptcy probability of DW Grondwerken is 2.3% (moderate). The 2025 annual accounts show equity of €24k and a net result of €15k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 27619 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90=
Solvency53▲+6
Growth52=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.24 in 2024; short-term debt: 43% and cash: 12.8% of total assets), and 72.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
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 →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
2 d early
2022
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k=
2024 · €24k
2022: €16k
2023: €24k
2024: €24k
2022 → 2025
Total assets
€88k▼ 21.2%
2024 · €111k
2022: €45k
2023: €105k
2024: €111k
2022 → 2025
Net result
€15k▼ 22.5%
2024 · €19k
2022: €31k
2023: €20k
2024: €19k
2022 → 2025
Working capital
€13k▲ 8.5%
2024 · €12k
2022: €12k
2023: €10k
2024: €12k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€16k-€24k▲ 53.8%€24k=€24k=
Operating result€42k-€27k▼ 36.4%€26k▼ 0.2%€21k▼ 22.0%
Net result€31k-€20k▼ 35.1%€19k▼ 7.4%€15k▼ 22.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€37k▼ 26.6%
Current assets
€51k▼ 16.8%
Equity and liabilities €88k
Equity
€24k=
Debt
€63k▼ 27.1%
The debt ratio falls from 78.3% to 72.4%. Debt is lower.
Key figures and ratios
EBITDA
€34k▼
2024 · €40k
Cash flow
€28k▼
2024 · €33k
Solvency
27.6%▲
2024 · 21.7%
Current ratio
1.34▲
2024 · 1.24
Quick ratio
1.34▲
2024 · 1.24
Debt / equity
2.63▼
2024 · 3.61
ROE
60.8%▼
2024 · 78.4%
ROA
16.8%▼
2024 · 17.0%
Interest coverage
12.69▲
2024 · 12.25
Debt
€63k▼
2024 · €87k
Debt ≤ 1 year
€38k▼
2024 · €49k
Debt > 1 year
€26k▼
2024 · €38k
Income taxes
€4k▼
2024 · €5k
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€111k€88k▼
Fixed assets21/28€50k€37k▼
Tangible fixed assets22/27€50k€37k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€49k€36k▼
Financial fixed assets28€40€40=
Current assets29/58€61k€51k▼
Amounts receivable within one year40/41€35k€39k▲
Trade receivables40€14k€27k▲
Other amounts receivable41€21k€13k▼
Cash at bank and in hand54/58€26k€11k▼
Equity and liabilities
Total equity and liabilities10/49€111k€88k▼
Equity10/15€24k€24k=
Contributions10/11€500€500=
Reserves13€24k€24k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14-€0
Amounts payable17/49€87k€63k▼
Amounts payable after more than one year17€38k€26k▼
Financial debts170/4€38k€26k▼
Amounts payable within one year42/48€49k€38k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€349€5k▲
Suppliers440/4€349€5k▲
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€31k€15k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€257€1k▲
Gross operating margin9900€41k€35k▼
Operating profit (loss)9901€26k€21k▼
Financial income75/76B€799€928▲
Recurring financial income75€799€928▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€24k€19k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€19k€15k▼
Profit (loss) for the period to be appropriated9905€19k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€15k▼
Transfer from equity791/2-€7
Transfer to equity691/2€3€0▼
To other reserves6921€3€0▼
Profit to be distributed694/7€19k€15k▼
Return on contributions (dividend)694€19k€15k▼
The notes to these accounts (8 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €15k ▼22.5%
Net result drops to €15k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-01
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, Hamme (Vl.) · 1 establishment unit since 2021
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.
Kerkhofstraat 899220 Hamme (Vl.)Ground area
314 m²
Building footprint
70 m²
Volume, LiDAR
199 m³
Parcel 42008A1746/00E000, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kerkhofstraat 89, 9220 Hamme (Vl.)
since 20212.318.067.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42008A1746/00E000 | Flanders | 314 m² | 1 · 70 m² | 4.6 m · 1 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
ANIMUS COMPANY
BE 0784.546.787
Wavre · Eq €24k
TECHNO TRAVAUX
BE 0723.423.822
Charleroi · Eq €24k
BERTRAND MOSSAY SRL
BE 0785.721.576
Soumagne · Eq €24k
NSK PRO
BE 0785.774.828
Grâce-Hollogne · Eq €24k
CBS Reno
BE 0731.943.489
Somme-Leuze · Eq €24k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,231. 2,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-2021
Fiscal year end30-06
Activities, NACEBEL
43120Site preparation
43110Demolition
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.