DW PENSAERT
ActiveDW PENSAERT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2012 annual accounts show equity of €20k and a net result of €18k. Equity is growing by ~145.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2012
88
/ 100
Excellent▲ +18 vs 2011
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2011
Profitability100=
Solvency62▲+27
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.28 against 1.21 in 2011), and 82.5% 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 · 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 2012Solvency, return and age of the figures
Solvency
17.5%
Return on assets
15.6%
Age of the figures
171 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · No filing for years
The last filed financial year closed on 30-06-2012. Since then, 13 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
30-06-2013 close31-01-2014 deadline16-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2012 was due by 31-01-2013 and was filed on 24-12-2012, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2012, abbreviated schema
Equity
€20k▲ 180%
2011 · €7k
2010: €-11k
2011: €7k
2010 → 2012
Total assets
€117k▲ 31.8%
2011 · €89k
2010: €84k
2011: €89k
2010 → 2012
Net result
€18k▲ 108%
2011 · €9k
2010: €27k
2011: €9k
2010 → 2012
Working capital
€24k▲ 90.2%
2011 · €12k
2010: €-1k
2011: €12k
2010 → 2012
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201020112012Trend
Equity€-11k-€7k€20k▲ 180%
Operating result€30k-€21k▼ 30.8%€26k▲ 23.3%
Net result€27k-€9k▼ 67.7%€18k▲ 108%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2012; 2012 is 23% above 2011.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €117k
Fixed assets
€9k▼ 50.3%
Current assets
€108k▲ 52.0%
Equity and liabilities €117k
Equity
€20k▲ 180%
Debt
€96k▲ 18.5%
The debt ratio falls from 91.7% to 82.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€33k▲
2011 · €29k
Cash flow
€26k▲
2011 · €17k
Solvency
17.5%▲
2011 · 8.3%
Current ratio
1.28▲
2011 · 1.21
Quick ratio
1.28▲
2011 · 1.21
Debt / equity
0.50▼
2011 · 2.59
ROE
88.7%▼
2011 · 119.4%
ROA
15.6%▲
2011 · 9.9%
Debt
€96k▲
2011 · €81k
Debt ≤ 1 year
€84k▲
2011 · €59k
Debt > 1 year
€10k▼
2011 · €19k
Income taxes
€6k▼
2011 · €9k
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 · 2012 against 2011
Balance sheet
Code20112012
Assets
Total assets20/58€89k€117k▲
Fixed assets21/28€17k€9k▼
Tangible fixed assets22/27€17k€9k▼
Current assets29/58€71k€108k▲
Amounts receivable within one year40/41€29k€83k▲
Cash at bank and in hand54/58€35k€21k▼
Equity and liabilities
Total equity and liabilities10/49€89k€117k▲
Equity10/15€7k€20k▲
Contributions10/11€18k€18k=
Reserves13€6k€6k=
Profit (loss) carried forward14€-17k€-3k▲
Amounts payable17/49€81k€96k▲
Amounts payable after more than one year17€19k€10k▼
Amounts payable within one year42/48€59k€84k▲
Trade debts44€16k€49k▲
Income statement
Code20112012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Gross operating margin9900€31k€35k▲
Operating profit (loss)9901€21k€26k▲
Recurring financial income75€45€2k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€18k€24k▲
Income taxes67/77€9k€6k▼
Profit (loss) for the period9904€9k€18k▲
Profit (loss) for the period to be appropriated9905€9k€18k▲
Timeline · acts, filings and financial milestones
2012
24-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
05-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
30-06
Financial
Weakest financial yearnet €9k ▼67.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
03-01
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Herzele · 1 establishment unit since 2004
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.
Eikestraat 539550 HerzeleGround area
1,863 m²
Building footprint
267 m²
Volume, LiDAR
1,333 m³
Parcel 41067B0349/00E000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DW PENSAERT
since 20042.135.518.544
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41067B0349/00E000 | Flanders | 1,863 m² | 1 · 266 m² | 8.0 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.
Similar companies · same sector, comparable size
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GOETHALS ALEX
BE 0875.232.780
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AfricDesign
BE 0797.230.627
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T. POUPEYE
BE 1016.172.592
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Of 1,734 companies in sector 46150 we hold annual accounts for 750. 468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formGeneral partnership
Founded11-02-2004
Fiscal year end30-06
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
51150
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.