Equity
Equity rose in 2025 from €173,242 to €246,826.
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Equity rose in 2025 from €173,242 to €246,826.
The micro format states no turnover.
Green is investment, beige is depreciation.
The 2023 accounts came latest: 61 days after the end of the period.
Higher net result than 90% of companies in wholesale trade. Sector median €5,606 · 13,813 companies.
In July 2024, 39,278 companies had the same profile as DWF ENGINEERING has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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 39,278 companies, not a prediction for DWF ENGINEERING. 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.
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| Company | ||||
|---|---|---|---|---|
| DWF ENGINEERING Jabbeke | €325,300 | €94,690 | 75.9% | - |
| GRACE PAPER AND BOARD Brussels | €306,397 | €103,128 | 23.4% | - |
| Pentanova Antwerp | €287,722 | €101,788 | 94.9% | - |
| SEDAT AKHATUN Beringen | €283,557 | €108,451 | 17.2% | - |
| 3S Sint-Niklaas | €252,546 | €101,324 | 86.6% | - |
| W4JU Namur | €320,315 | €111,454 | 71.3% | - |
| KADET CONSULTING Izegem | €443,188 | €143,213 | 80.9% | - |
These companies have the same main activity as DWF ENGINEERING: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €253,000 and €443,000, founded between 2021 and 2023.
DWF ENGINEERING files the micro format. That format states no turnover. The gross margin fell from €101,981 in 2023 to €94,690 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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