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DW projects

Active Private limited companyfounded 2007active for 19 yearsKoningin Astridlaan 86, 2550 KontichKBO/BCE: BE 0889.294.911

Lifetime

19 annual accounts with figures on one time axis
peak €304,008 (2023)
€285,014▲ 2.6%
peak €37,245 (2009)
€10,653▲ 4.2%
peak €376,023 (2025)
€376,023▲ 2.9%
€16,746▼ 42.4%
peak 4.1 FTE (2012)
-not published
Board1 name since 2021
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Debts from €29,053 to €16,746Cash from €44,645 to €103,688

Key points

from the 2025 annual accounts

Equity

€376,023 ▲ 2.9%

DW projects has made a profit in every financial year since 2007.

Liquidity

19.35 was 10.94 in 2024

Short-term debts fell from €29,053 to €16,746.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

Five of the last ten came late. The 2024 accounts came latest: 47 days after the end of the period.

Checked score

93
Excellent
Financially stronger than 64% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

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 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.2 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.4 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 95.7% of total assets
83+19short-term debt 4.3% · cash 26.4%
72=return on assets 2.7%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 19.35, cash €103,688
Equity €376,023 (95.7% of total assets)
Founded in 2007
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 43, micro). It does better than 90% of them on solvency, 81% on liquidity, 42% on profitability and 43% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as DW projects has now. Each dot stands for 28 companies, two years later.

95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DW projects itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,904 companies, not a prediction for DW projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 19.35 (10.94 in 2024), above the usual 1.5. Short-term debt is 4.3% and cash 26.4% of total assets. 4.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 19.35, cash €103,688
NBB · annual accounts
lowers risk · Equity €376,023 (95.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
47 days late
2023
26 days late
2022
14 days late
2021
32 days early
2020
17 days early
2019
1 day 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 10 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 27 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0889294911
Resignation: WUYTS David Louis Maria (manager and director) Reappointment: WUYTS David Louis Maria (director) · Director discharge: WUYTS David Louis Maria · Gazette deed
First establishment Koningin Astridlaan 86, Kontich
Incorporation published on 16-05-2007 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
DW projects Kontich €392,769 €285,014 95.7% -
STEPPA Kapellen €442,369 €310,985 17.0% 3.4
Donckers U Antwerp €447,482 €235,566 61.5% 4.3
TUINWERKEN HANS DE TEMMERMAN Laakdal €406,006 €303,284 48.4% 4.1
D.Y.V Wavre €379,097 €291,981 68.0% -
KASSEI- & BETEGELINGSWERKEN VANSIELEGHEM Ichtegem €419,835 €286,063 81.5% 2.7
B CARRE Evere €415,093 €289,853 22.1% -

These companies have the same main activity as DW projects: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €379,000 and €447,000, founded between 2003 and 2008.

Official details

Source: KBO
Status
Active since 08-05-2007Normal situation
Activity
Other specialised construction activitiesNACE 43990
Establishment unit
2.162.551.7512550 Kontich, since 23-05-2007
Financial year end
31 December
Peppol
Reachable since 14-10-2025
Company details

Annual accounts 2025

≈ €870,000estimated
€392,769▼ 0.4%
Employeeson 31-12-2025
4=
Filing
Filed on 31-08-2026
Financials

Insights on DW projects

DW projects files the micro format. That format states no turnover. The gross margin rose from €62,784 in 2007 to €285,014 in 2025.

The balance sheet grew most from 2009 to 2011 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DW projects

What is the company number of DW projects?
The company number of DW projects is 0889.294.911. The VAT number is the same number with BE in front: BE 0889.294.911.
Where is DW projects based?
The registered office is at Koningin Astridlaan 86, 2550 Kontich.Company details
What does DW projects do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of DW projects?
DW projects is a private limited company (BV).
When was DW projects founded?
DW projects was founded on 08-05-2007.
Is DW projects still active?
Yes, DW projects is an active enterprise in the KBO register.
How many employees does DW projects have?
DW projects had an average of 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DW projects?
The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €285,014 and 34 comparable companies (NACE 43990). It probably lies between €550,000 and €1.2m.
Is DW projects profitable?
In financial year 2025, DW projects made a profit of €10,653.
Where can I find the annual accounts of DW projects?
DW projects filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DW projects due?
DW projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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