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Complete company report
Generated 04-09-2026
Active BE 0886.051.052Private limited company (pre-2019)

DW TECH

Oude Oekensestraat 29 ·8800 Roeselare, Belgium· 19 yrs active
Sector: General electrical installation work (43211)
Conclusion Checked

DW TECH has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €393k and a net result of €61k. Its solvency ranks better than 58% of 11123 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €393k
Net result €61k
Better than sector 58%
Active 19 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health94Profitability78Solvency90Growth78Stability100
88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94
Profitability 78
Solvency 90
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.1% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2007, 19 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2024 · computed
94 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€35k
estimate, not credit advice
Score history
86 2023
94 2024
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 1.89 (≥ 1.5) +10
Quick ratio Quick ratio 1.83 (≥ 1.0) +5
Leverage Debt/equity 1.11 (< 2.0) +3
Profitability ROE 16% (≥ 10%) +10
Interest coverage Interest coverage 20.2× (≥ 3×) +8
Profit trend Net profit up YoY +5
Equity growth Equity growing YoY +3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview11 NBB filings
Annual accounts filed on 18-07-2025 with the NBB · fiscal year 2024 · micro schema
€0€25k€50k€75kOperating result 2023: €83k€83kNet result 2023: €57k€57kOperating result 2024: €82k€82kNet result 2024: €61k€61k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 47.3% 40.8%
better than 58% of 11123 sector peers
Net result €61k €11k
better than 90% of 11107 sector peers
Equity €393k €34k
better than 95% of 11128 sector peers
Gross operating margin €133k €35k
better than 88% of 11096 sector peers
Total assets €831k €94k
better than 95% of 11123 sector peers
EBITDA
€130k
+2.0% 23-24
Net profit
€61k
+6.9% 23-24
Cash flow
€109k
+7.1% 23-24
Total assets
€831k
+3.5% 23-24
Equity
€393k
+18.4% 23-24
Working capital
€106k
+4.2% 23-24
Income taxes
€23k
+1.3% 23-24
Debt
€438k
-7.0% 23-24
Debt ≤ 1y
€119k
+13.4% 23-24
Debt > 1y
€318k
-13.3% 23-24
Current ratio
1.89
-4.0% 23-24
Quick ratio
1.83
-3.7% 23-24
Solvency
47.3%
+14.4% 23-24
Debt / equity
1.11
-21.5% 23-24
ROE
15.5%
-9.7% 23-24
ROA
7.3%
+3.3% 23-24
Interest coverage
20.19
-30.6% 23-24
Figures by fiscal year and ratios
Fiscal year20242023
Depositmicro schemamicro schema
Revenue--
EBITDA€130k€127k
Net profit€61k€57k
Cash flow€109k€101k
Staff costs--
Income taxes€23k€23k
Dividends--
Total assets€831k€804k
Equity€393k€332k
Debt€438k€471k
of which ≤ 1y€119k€104k
of which > 1y€318k€366k
Working capital€106k€101k
Employees (FTE)--
Ratios (computed)
20242023
Current ratio1.891.97
Quick ratio1.831.90
Working capital ratio12.7%12.6%
Solvency47.3%41.3%
Debt / equity1.111.42
Long-term debt ratio0.811.10
Interest coverage20.1929.11
Gross margin--
Net margin--
ROA7.3%7.1%
ROE15.5%17.2%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Balance-sheet composition 2024
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20242023
Balance sheet, Assets
TOTAL ASSETS 20/58€831k€804k
Fixed assets 21/28€607k€598k
Intangible fixed assets 21-€0
Tangible fixed assets 22/27€607k€598k
Current assets 29/58€224k€206k
Stocks & contracts in progress 3€7k€7k
Amounts receivable within one year 40/41€29k€20k
Investments 50/53€95k€24k
Cash & bank 54/58€90k€150k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€831k€804k
Equity 10/15€393k€332k
Contributions / capital 10/11€19k€19k
Reserves 13€375k€314k
Amounts payable 17/49€438k€471k
Amounts payable after one year 17€318k€366k
Amounts payable within one year 42/48€119k€104k
Trade debts payable within one year 44€3k€21k
Income statement
Gross operating margin 9900€133k€131k
Operating result 9901€82k€83k
Financial income 75€3k€865
Financial charges 65€6k€4k
Result before taxes 9903€84k€80k
Income taxes 67/77€23k€23k
Net result for the period 9904€61k€57k
Result to be appropriated 9905€61k€57k
Legal Structure
NACE primary General electrical installation work(43211)
Legal form Private limited company (pre-2019)(015)
Incorporation02-01-2007
StatusActive
Postal code8800
Establishment units 2 locations
DW TECH
Herseauxlaan(D) 18, 7711 MouscronNACE 45310
since 20072.159.140.420
DW TECH
Industriepark 12A, 8587 Spiere-HelkijnConstruction of utility projects for electricity and telecommunications
since 20192.302.236.897
Real-estate footprint Source: CBE × cadastre
Flanders 1 (33.3%) Wallonia 2 (66.7%)
Parcel (capakey) Region Area Buildings Height / fl.
57086A0001/00W000 Wallonia 3,735 m² 1 · 2,063 m² 0.2 m
54006P0546/00_000 Wallonia 922 m² 1 · 232 m² -
36302B0558/00M000 Flanders 263 m² 1 · 81 m² 8.0 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 10 events
2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
18-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
NBB filing
Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
General electrical installation work4321145310Installation of electric heating, air conditioning, cooling and ventilation43222Plastering work43310
Names & trade names
Legal nameNL DW TECH
Similar companies Comparable size · 10,010 of 22,844 companies in this sector with filed accounts
F.K. SERVICES BE 0461.960.025 · Ohey
ELEKTRICITEITSWERKEN DIRK PEETERS BE 0888.330.849 · Grobbendonk
KOUNNA BE 0767.484.685 · Ronse
CC DOMOTIC ALARM BE 0478.615.321 · Jurbise
L-SOLAR BE 0663.907.887 · Brakel
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative