Result
€125,381 ▲ 15×
The result rose in 2025 from €8,286 to €125,381.
DWB Projects
Lifetime
3 annual accounts with figures on one time axispeak €181,363 (2025)
€181,363▲ 257%
peak €125,381 (2025)
€125,381▲ 15×
peak €135,962 (2025)
€135,962▲ 13×
€383,683▲ 3.4%
Board1 name since 2023
1 directorDe Witte Bert Geert Valère
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €50,766 to €181,363Result from €8,286 to €125,381Equity from €10,581 to €135,962Cash from €11,606 to €144,589
Key points
from the 2025 annual accountsDebts
€383,683 74% of the balance sheet
Financial debts 55%Suppliers 1%Taxes and wages 12%Other 33%
Of this, €174,403 falls due within a year.
Securities
€261,600
Mortgages, new in 2025. 1.9 times equity · not in the 2024 accounts.
Liquidity
1.14 was 0.51 in 2024
Short-term debts rose from €135,474 to €174,403.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 31 days after the end of the period.
Position in the sector
€125,381
Higher net result than 95% of companies in architecture and engineering. Sector median €16,690 · 11,795 companies.
Checked score
95
Excellent
Financially stronger than 65% of micro companies in architecture and engineering (NACE 71)
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: 0.1% across 14,829 companies (NACE 71, 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 12-2024
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%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.2 percentage points vs 07-2025
09-2025: 0.5%▲ +0.2 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026highest value
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 of the last 3 accounts late
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1.14, cash €144,589
Size: total assets €519,645
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 71, micro). It does better than 27% of them on solvency, 58% on liquidity, 74% on profitability and 99% 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, 1,602 companies had the same profile as DWB Projects has now. Each dot stands for 5 companies, two years later.
96.5%
were still trading
0.9%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DWB Projects itself is lower: 0.1% within 12 months. It rests on far more data about DWB Projects than the profile alone.
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.
| 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 1,602 companies, not a prediction for DWB 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 €12,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.14 (0.51 in 2024), below the usual 1.5. Short-term debt is 33.6% and cash 27.8% of total assets. 73.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 days early
2024
29 days late
2023
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 10 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 29 August (3 of the last 3 accounts filed within 59 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803685481
Incorporation
Founding capital of €2,000, 1,000 shares · Founder: De Witte Bert Geert Valère · Appointment: De Witte Bert Geert Valère (eerste niet statutaire bestuurder) · published on 10-07-2023 · Gazette deed
First establishment
Huisakkerstraat 1, Wingene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DWB Projects Wingene | €519,645 | €181,363 | 26.2% | - |
| VANERI CONSULTING Kapellen | €534,861 | €190,133 | 28.5% | - |
| Scen Wingene | €446,927 | €210,153 | 1.2% | - |
| Ubiius Bruges | €382,889 | €162,271 | 42.1% | 0.8 |
| IDE-TACK Waregem | €513,509 | €126,635 | 13.4% | - |
| JME Projects & Engineering Kortemark | €428,069 | €156,357 | 56.4% | - |
| MENF Brasschaat | €436,387 | €184,523 | 42.4% | - |
These companies have the same main activity as DWB Projects: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €383,000 and €535,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 06-07-2023Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 3 others
- Establishment unit
- 2.347.360.3098750 Wingene, since 06-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 06-03-2025
Annual accounts 2025
- ≈ €370,000estimated
- €519,645▲ 36.2%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on DWB Projects
DWB Projects files the micro format. That format states no turnover. The gross margin rose from €1,238 in 2023 to €181,363 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
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 DWB Projects
- What is the company number of DWB Projects?
- The company number of DWB Projects is 0803.685.481. The VAT number is the same number with BE in front: BE 0803.685.481.
- Where is DWB Projects based?
- The registered office is at Huisakkerstraat 1, 8750 Wingene.Company details
- What does DWB Projects do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of DWB Projects?
- DWB Projects is a private limited company (BV).
- When was DWB Projects founded?
- DWB Projects was founded on 06-07-2023.
- Is DWB Projects still active?
- Yes, DWB Projects is an active enterprise in the KBO register.
- What is the turnover of DWB Projects?
- The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €181,363 and 36 comparable companies (NACE 711). It probably lies between €280,000 and €470,000.Financials
- Is DWB Projects profitable?
- In financial year 2025, DWB Projects made a profit of €125,381.
- Where can I find the annual accounts of DWB Projects?
- DWB Projects filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DWB Projects due?
- DWB Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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