DWELLING
ActiveSummary
DWELLING has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €680,931. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 851 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+6
Solvency50▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.18 in 2024; short-term debt: 70.5% and cash: 23.9% of total assets), and 74.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.5%
Return on assets
12.4%
Age of the figures
15 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-10-2025, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
84 d early
2023
93 d early
2022
77 d early
2021
83 d early
2020
93 d early
2019
70 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 85 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#1 fastest grower in the province of Namur, Construction of buildings sector#2 company by total assets in Andenne, Construction sector#3 company by equity in Andenne, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€680,931▲ 8.5%
2024 · €627,629
Working capital
€1.0m▲ 19.0%
2024 · €866,646
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€381,470▲ 20.9%€764,874▲ 101%€1.4m▲ 88.0%€743,204▼ 48.3%€815,748▲ 9.8%
Net result€288,782above the sector's middle half▲ 29.0%€694,383above the sector's middle half▲ 140%€1.2mabove the sector's middle half▲ 71.4%€627,629above the sector's middle half▼ 47.3%€680,931above the sector's middle half▲ 8.5%
Equity€699,525within the sector's middle half▲ 28.5%€1.3mwithin the sector's middle half▲ 83.5%€2.4mabove the sector's middle half▲ 85.4%€1.9mabove the sector's middle half▼ 18.7%€1.4mwithin the sector's middle half▼ 27.8%
Total assets€2.8mwithin the sector's middle half▲ 19.7%€5.1mwithin the sector's middle half▲ 79.8%€7.2mabove the sector's middle half▲ 40.9%€8.2mabove the sector's middle half▲ 13.6%€5.5mwithin the sector's middle half▼ 32.6%
Debt€2.0m▲ 16.4%€3.7m▲ 83.6%€4.7m▲ 28.6%€6.1m▲ 29.7%€4.0m▼ 34.3%
Working capital€435,571within the sector's middle half▼ 7.1%€949,567within the sector's middle half▲ 118%€1.4mabove the sector's middle half▲ 46.3%€866,646within the sector's middle half▼ 37.6%€1.0mwithin the sector's middle half▲ 19.0%
Solvency24.7%within the sector's middle half▲ 1.7pp25.2%within the sector's middle half▲ 0.5pp33.2%within the sector's middle half▲ 8.0pp23.7%within the sector's middle half▼ 9.4pp25.5%within the sector's middle half▲ 1.7pp
Current ratio1.22within the sector's middle half▼ 0.081.36within the sector's middle half▲ 0.141.42within the sector's middle half▲ 0.061.18within the sector's middle half▼ 0.241.27within the sector's middle half▲ 0.08
Return on assets (ROA)10.2%above the sector's middle half▲ 0.7pp13.6%above the sector's middle half▲ 3.4pp16.6%above the sector's middle half▲ 2.9pp7.7%within the sector's middle half▼ 8.9pp12.4%above the sector's middle half▲ 4.7pp
Staff (FTE)10within the sector's middle half▲ 23.5%13.6within the sector's middle half▲ 36.0%16.2within the sector's middle half▲ 19.1%21.5within the sector's middle half▲ 32.7%22.7within the sector's middle half▲ 5.6%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.5m
Fixed assets
€587,377 ▼ 76.8%
Current assets
€4.9m ▼ 12.8%
Equity and liabilities €5.5m
Equity
€1.4m ▼ 27.8%
Provisions
€73,980 ▼ 22.7%
Debt
€4.0m ▼ 34.3%
Debt's share of the balance-sheet total falls from 75.1% to 73.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€986,092▼
2024 · €995,405
Cash flow
€851,275▼
2024 · €879,829
Quick ratio
1.15▲
2024 · 1.08
Debt to equity
2.87▼
2024 · 3.16
ROE
48.7%▲
2024 · 32.4%
Interest coverage
33.11▲
2024 · 26.65
Debt ≤ 1 year
€3.9m▼
2024 · €4.8m
Debt > 1 year
€120,826▼
2024 · €1.4m
Income taxes
€228,666▲
2024 · €207,710
Staff costs
€1.5m▲
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,605 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,605 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | €38,762 | €462 | €38,057 | ▲ 8,129% |
| Remuneration, social security and pensions62 | - | €768,226 | €985,049 | €1.3m | €1.5m | ▲ 16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,162 | €79,876 | €160,256 | €252,201 | €170,344 | ▼ 32.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€26,743 | €0 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €5,891 | -€61,633 | €16,417 | -€21,770 | ▼ 233% |
| Other operating charges640/8 | - | €30,032 | €17,131 | €7,760 | €9,912 | ▲ 27.7% |
| Non-recurring operating charges66A | - | €0 | - | €22,565 | €0 | ▼ 100% |
| Gross operating margin9900 | €1.0m | €1.6m | €2.5m | €2.3m | €2.5m | ▲ 6.1% |
| Operating profit (loss)9901 | €381,470 | €764,874 | €1.4m | €743,204 | €815,748 | ▲ 9.8% |
| Financial income75/76B | - | €56,117 | €106,951 | €129,487 | €123,632 | ▼ 4.5% |
| Recurring financial income75 | €41,219 | €56,117 | €106,951 | €129,487 | €123,632 | ▼ 4.5% |
| Financial charges65/66B | - | €11,394 | €32,440 | €37,352 | €29,783 | ▼ 20.3% |
| Recurring financial charges65 | €33,116 | €11,394 | €32,440 | €37,352 | €29,783 | ▼ 20.3% |
| Non-recurring financial charges66B | - | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €377,224 | €809,597 | €1.5m | €835,339 | €909,597 | ▲ 8.9% |
| Income taxes67/77 | €88,441 | €115,214 | €321,943 | €207,710 | €228,666 | ▲ 10.1% |
| Profit (loss) for the period9904 | €288,782 | €694,383 | €1.2m | €627,629 | €680,931 | ▲ 8.5% |
| Profit (loss) for the period to be appropriated9905 | €288,782 | €694,383 | €1.2m | €627,629 | €680,931 | ▲ 8.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €5.1m | €7.2m | €8.2m | €5.5m | ▼ 32.6% |
| Fixed assets21/28 | €442,285 | €1.5m | €2.5m | €2.5m | €587,377 | ▼ 76.8% |
| Intangible fixed assets21 | €73,015 | €133,488 | €99,885 | €90,096 | €64,524 | ▼ 28.4% |
| Tangible fixed assets22/27 | €313,592 | €1.3m | €2.3m | €2.3m | €371,913 | ▼ 83.9% |
| Land and buildings22 | - | - | €2.0m | €1.9m | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €67,702 | €82,903 | €91,788 | €67,574 | ▼ 26.4% |
| Furniture and vehicles24 | - | €62,065 | €227,945 | €361,883 | €304,339 | ▼ 15.9% |
| Other tangible fixed assets26 | - | €763 | €327 | €0 | - | - |
| Assets under construction and advance payments27 | - | €1.2m | €0 | - | - | - |
| Financial fixed assets28 | €55,678 | €80,546 | €108,134 | €124,660 | €150,941 | ▲ 21.1% |
| Current assets29/58 | €2.4m | €3.6m | €4.7m | €5.6m | €4.9m | ▼ 12.8% |
| Amounts receivable after more than one year29 | - | €50,000 | €0 | €1.2m | €1.4m | ▲ 13.5% |
| Other amounts receivable291 | - | €50,000 | €0 | €1.2m | €1.4m | ▲ 13.5% |
| Stocks and contracts in progress3 | €16,042 | €732,114 | €489,526 | €491,212 | €433,413 | ▼ 11.8% |
| Stocks30/36 | - | €21,919 | €22,060 | €7,285 | €7,025 | ▼ 3.6% |
| Contracts in progress37 | - | €710,195 | €467,466 | €483,927 | €426,387 | ▼ 11.9% |
| Amounts receivable within one year40/41 | €799,087 | €757,890 | €1.1m | €1.8m | €1.7m | ▼ 2.1% |
| Trade receivables40 | - | €598,599 | €867,869 | €1.1m | €559,571 | ▼ 48.7% |
| Other amounts receivable41 | - | €159,291 | €233,363 | €674,863 | €1.2m | ▲ 73.2% |
| Current investments50/53 | - | - | €2.0m | €500,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1.2m | €2.0m | €1.1m | €1.6m | €1.3m | ▼ 18.7% |
| Deferred charges and accrued income490/1 | - | €37,305 | €37,309 | €29,744 | €44,610 | ▲ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €5.1m | €7.2m | €8.2m | €5.5m | ▼ 32.6% |
| Equity10/15 | €699,525 | €1.3m | €2.4m | €1.9m | €1.4m | ▼ 27.8% |
| Contributions10/11 | €310,000 | €310,000 | €310,000 | €310,000 | €310,000 | = |
| Capital10 | - | €310,000 | €310,000 | €310,000 | €310,000 | = |
| Issued capital100 | - | €310,000 | €310,000 | €310,000 | €310,000 | = |
| Reserves13 | €223,728 | €816,871 | €1.9m | €1.5m | €1.1m | ▼ 26.6% |
| Non-distributable reserves130/1 | - | €31,000 | €31,000 | €31,000 | €31,000 | = |
| Legal reserve130 | - | €31,000 | €31,000 | €31,000 | €31,000 | = |
| Distributable reserves133 | - | €785,871 | €1.9m | €1.4m | €1.0m | ▼ 27.2% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Investment grants15 | - | €156,990 | €164,710 | €162,683 | €14,132 | ▼ 91.3% |
| Provisions and deferred taxes16 | €135,076 | €140,966 | €79,333 | €95,750 | €73,980 | ▼ 22.7% |
| Provisions for liabilities and charges160/5 | - | €140,966 | €79,333 | €95,750 | €73,980 | ▼ 22.7% |
| Other liabilities and charges164/5 | - | €140,966 | €79,333 | €95,750 | €73,980 | ▼ 22.7% |
| Amounts payable17/49 | €2.0m | €3.7m | €4.7m | €6.1m | €4.0m | ▼ 34.3% |
| Amounts payable after more than one year17 | €39,527 | €1.1m | €1.4m | €1.4m | €120,826 | ▼ 91.1% |
| Financial debts170/4 | - | €1.1m | €1.4m | €1.4m | €120,826 | ▼ 91.1% |
| Amounts payable within one year42/48 | €2.0m | €2.6m | €3.3m | €4.8m | €3.9m | ▼ 18.6% |
| Current portion of amounts payable after more than one year42 | - | €55,593 | €162,237 | €207,545 | €121,152 | ▼ 41.6% |
| Financial debts43 | - | - | - | €150,000 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €150,000 | €0 | ▼ 100% |
| Trade debts44 | €813,078 | €1.5m | €1.5m | €1.6m | €1.7m | ▲ 9.3% |
| Suppliers440/4 | - | €1.5m | €1.5m | €1.6m | €1.7m | ▲ 9.3% |
| Advances received on contracts in progress46 | - | €705,424 | €1.2m | €1.3m | €548,592 | ▼ 56.9% |
| Taxes, remuneration and social security45 | - | €282,332 | €333,669 | €487,431 | €420,121 | ▼ 13.8% |
| Taxes450/3 | - | €224,116 | €253,346 | €357,240 | €239,735 | ▼ 32.9% |
| Remuneration and social security454/9 | - | €58,216 | €80,323 | €130,191 | €180,386 | ▲ 38.6% |
| Other amounts payable47/48 | - | €102,184 | €102,412 | €1.1m | €1.1m | = |
| Accrued charges and deferred income492/3 | - | €937 | €1,297 | €2,181 | €25,762 | ▲ 1,081% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €288,782 | €694,383 | €1.2m | €627,629 | €680,931 | ▲ 8.5% |
| + Depreciation and write-downs630 | €76,162 | €79,876 | €160,256 | €252,201 | €170,344 | ▼ 32.5% |
| Operating cash flow (approximation) | €364,944 | €774,259 | €1.4m | €879,829 | €851,275 | ▼ 3.2% |
| Investment in fixed assets (approximation) | - | -€1.2m | -€1.1m | -€299,014 | €1.8m | ▲ 693% |
| Change in cash | - | €744,744 | -€913,174 | €549,390 | -€302,279 | ▼ 155% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
08-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Highest result since 2019net €1.2m ▲71.4%
Operating result €1.4m, net result €1.2m, both a record.
30-06
Financial
Equity above €2mEq €2.4m ▲85.4%
5 profitable years in a row build equity to €2.4m.
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Equity above €1mEq €1.3m ▲83.5%
4 profitable years in a row build equity to €1.3m.
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Equity above €500,000Eq €544,501 ▲69.2%
2 profitable years in a row build equity to €544,501.
2019
22-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
16-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
16-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
02-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
12 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, Andenne · 1 establishment unit since 2022
Ground area
1,525 m²
Building footprint
160 m²
Parcel 92410A0058/00E005, Wallonia. Linked by address, not a title deed.
1 establishment unit
DWELLING
since 20222.334.735.560
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92410A0058/00E005indicative | Wallonia | 1,525 m² | 1 · 160 m² | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts SYNAL 202329.44%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
14 categoriesDWELLING SA37407
Similar companies · same sector, comparable size
DUMOBAT
BE 0864.964.539
Aartselaar · Eq €1,396,001
BOUWPROJECTEN BRUYNEN
BE 0438.192.451
Merksplas · Eq €1,394,753
DE PAUW BETONWERKEN
BE 0454.552.391
Evergem · Eq €1,394,751
BOUWONDERNEMING EECKHOUT en ZONEN
BE 0417.348.735
Wielsbeke · Eq €1,392,852
AAM
BE 0838.275.582
Geel · Eq €1,392,833
Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 5,216 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-04-2014
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
46190Agents in non-specialised wholesale trade
47529Retail trade
56220Contract catering and other food service activities
70200Business and other management consultancy
81100Combined facilities support activities
82990Other business support services
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0550368793
Registered
18-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.