DW HOME

Active

Private limited companyfounded 20188 yrs activeKoolwitjeslaan 16, 2950 Kapellen, BelgiumKBO/BCE: BE 0695.771.892

DW HOME has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-120k) and a net result of €-54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2025

15 / 100

Critical▲ +8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency42▼-1

Growth32=

Stability100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.91 against 0.94 in 2024), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 31

Relative position

BE, all sectors

reference

Sector 31

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-8.6%

Return on assets

-3.9%

Age of the figures

15 mo

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

Negative equity

Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€120k

A punctual record breaks

This company filed 6 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 7 filings

Deviation from the deadline

2025

2 d late

2024

on the day

2023

on the day

2022

on the day

2021

on the day

2020

2 d early

2019

1 d early

← before the deadline after the deadline →

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 months

Position in the running window

30-06-2026 close15-09-2026 today31-01-2027 deadline

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

€-120k▼ 82.1%

2024 · €-66k

2019: €33k 2020: €39k 2021: €71k 2022: €106k 2023: €46k 2024: €-66k

2019 → 2025

Total assets

€1.39M=

2024 · €1.39M

2019: €296k 2020: €383k 2021: €383k 2022: €701k 2023: €1.31M 2024: €1.39M

2019 → 2025

Net result

€-54k▲ 51.6%

2024 · €-111k

2019: €27k 2020: €6k 2021: €33k 2022: €34k 2023: €-60k 2024: €-111k

2019 → 2025

Working capital

€-132k▼ 69.6%

2024 · €-78k

2019: €31k 2020: €37k 2021: €70k 2022: €98k 2023: €37k 2024: €-78k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€71k-€106k▲ 47.9%€46k▼ 56.6%€-66k€-120k▼ 82.1%

Operating result€48k-€58k▲ 19.5%€-39k€-40k▼ 3.3%€839

Net result€33k-€34k▲ 5.1%€-60k€-111k▼ 86.3%€-54k▲ 51.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €839 after a loss of €40k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.39M

95.1%

Fixed assets €69k▼ 5.3%

Current assets €1.32M▲ 0.3%

Key figures and ratios

2025 value · change against 2024

EBITDA

€5k▲

2024 · €-36k

Cash flow

€-50k▲

2024 · €-108k

Solvency

-8.6%▼

2024 · -4.7%

Current ratio

0.91▼

2024 · 0.94

Quick ratio

0.00▼

2024 · 0.00

Debt / equity

-12.64▲

2024 · -22.19

ROE

45.1%▼

2024 · 169.8%

ROA

-3.9%▲

2024 · -8.0%

Interest coverage

0.09▲

2024 · -0.51

Debt

€1.51M▲

2024 · €1.46M

Debt ≤ 1 year

€1.45M▲

2024 · €1.40M

Debt > 1 year

€55k▼

2024 · €60k

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€1.39M€1.39M=

Fixed assets21/28€72k€69k▼

Tangible fixed assets22/27€72k€68k▼

Land and buildings22€68k€66k▼

Plant, machinery and equipment23€2k€914▼

Furniture and vehicles24€2k€2k▼

Financial fixed assets28€700€700=

Current assets29/58€1.32M€1.32M▲

Stocks and contracts in progress3€1.31M€1.32M▲

Stocks30/36€1.31M€1.32M▲

Amounts receivable within one year40/41€3k€3k▼

Trade receivables40€3k€3k=

Other amounts receivable41€283€222▼

Deferred charges and accrued income490/1€2k€2k▼

Equity and liabilities

Total equity and liabilities10/49€1.39M€1.39M=

Equity10/15€-66k€-120k▼

Contributions10/11€6k€6k=

Reserves13€99k€99k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€98k€98k=

Profit (loss) carried forward14€-171k€-225k▼

Amounts payable17/49€1.46M€1.51M▲

Amounts payable after more than one year17€60k€55k▼

Financial debts170/4€60k€55k▼

Amounts payable within one year42/48€1.40M€1.45M▲

Current portion of amounts payable after more than one year42€6k€11k▲

Financial debts43€1.03M€1.07M▲

Credit institutions430/8€1.03M€1.07M▲

Trade debts44€43k€37k▼

Suppliers440/4€43k€37k▼

Taxes, remuneration and social security45€64€563▲

Taxes450/3€64€563▲

Other amounts payable47/48€315k€335k▲

Accrued charges and deferred income492/3€127€478▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€-34k€7k▲

Operating profit (loss)9901€-40k€839▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€72k€55k▼

Recurring financial charges65€72k€55k▼

Profit (loss) for the period before taxes9903€-111k€-54k▲

Profit (loss) for the period9904€-111k€-54k▲

Profit (loss) for the period to be appropriated9905€-111k€-54k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-171k€-225k▼

Profit (loss) brought forward from the previous period14P€-60k€-171k▼

The notes to these accounts (7 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

All 10Financial 3Filings 7

Next filing, fiscal year 2026, expected by 31-01-2027

2026

02-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 2 days late

2025

31-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Weakest financial yearnet €-111k

Net result drops to €-111k, the lowest in the series; recovery starts the following year.

31-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-06

Financial Highest result since 2019net €34k ▲5.1%

Operating result €58k, net result €34k, both a record.

30-06

Financial Equity above €100kEq €106k ▲47.9%

4 profitable years in a row build equity to €106k.

31-01

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

29-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

30-01

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

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, Kapellen · 1 establishment unit since 2018

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.

Koolwitjeslaan 162950 Kapellen

Ground area

412 m²

Building footprint

111 m²

Parcel 11362H0377/00C003, Flanders. Linked by address, not a title deed.

1 establishment unit

DW HOME

Koolwitjeslaan 16, 2950 KapellenManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20182.275.862.104

1 parcel

Flanders 1 (100%)