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DWPARE

Active
Private limited company· 17 yrs active
Herenstraat(SGW) 64 ·9170 Sint-Gillis-Waas, Belgium
BE 0809.583.279
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Age17 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DWPARE is 0.9% (low). The 2025 annual accounts show equity of €166k and a net result of €136. Equity is growing by ~25.8% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.9% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Long track record Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Trust signals

3 signals
Established
Founded in 2009, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€136
Working capital€-424k+5.1%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 10-02-2026 with the NBB · fiscal year 2025 · micro
€-10k€-5k€0€5kOperating result 2021: €-176€-176Net result 2021: €-524€-524Operating result 2022: €-4k€-4kNet result 2022: €-6k€-6kOperating result 2023: €-4k€-4kNet result 2023: €-7k€-7kOperating result 2024: €2k€2kNet result 2024: €-990€-990Operating result 2025: €3k€3kNet result 2025: €136€13620212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~25.8%/year over 8 fiscal years, indicative, assuming unchanged policy.
€0€100k€200k€300k2026: €202k (€158k - €246k)2027: €226k (€156k - €296k)2028: €250k (€154k - €347k)2018: €21k2019: €21k2020: €21k2021: €20k2022: €174k2023: €167k2024: €166k2025: €166k20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€23k
+2.3% 18-25
Net profit
€136
- 18-25
Cash flow
€20k
+2.7% 18-25
Total assets
€760k
-2.7% 18-25
Equity
€166k
+0.1% 18-25
Working capital
€-424k
+5.1% 18-25
Debt
€594k
-3.4% 18-25
Debt ≤ 1y
€428k
-5.3% 18-25
Debt > 1y
€155k
0.0% 18-25
Current ratio
0.01
-18.9% 18-25
Quick ratio
0.01
-18.9% 18-25
Solvency
21.8%
+2.8% 18-25
Debt / equity
3.58
-3.5% 18-25
ROE
0.1%
- 18-25
ROA
0.0%
- 18-25
Interest coverage
7.23
+2.2% 18-25
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€23k
Net profit€136
Cash flow€20k
Staff costs-
Income taxes-
Dividends-
Total assets€760k
Equity€166k
Debt€594k
of which ≤ 1y€428k
of which > 1y€155k
Working capital€-424k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.01
Quick ratio0.01
Working capital ratio-55.7%
Solvency21.8%
Debt / equity3.58
Long-term debt ratio0.93
Interest coverage7.23
Gross margin-
Net margin-
ROA0.0%
ROE0.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€760k
Fixed assets 21/28€757k
Tangible fixed assets 22/27€757k
Current assets 29/58€4k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€760k
Equity 10/15€166k
Contributions / capital 10/11€180k
Accumulated profits (losses) 14€-15k
Amounts payable 17/49€594k
Amounts payable after one year 17€155k
Amounts payable within one year 42/48€428k
Income statement
Gross operating margin 9900€27k
Operating result 9901€3k
Financial charges 65€3k
Result before taxes 9903€136
Net result for the period 9904€136
Result to be appropriated 9905€136
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
44 / 100 Weak
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Locations & real estate

Parcels1
Ground area3,014 m²
Buildings1
Building footprint1,554 m²
Volume (LiDAR)7,406 m³
Tallest building10.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46020C0220/00D000 Flanders 3,014 m² 1 · 1,554 m² 10.4 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health44Profitability0Solvency19Growth52Stability100
43 / 100

Fragile profile, watch profitability in particular.

Health 44
Profitability 0
Solvency 19
Growth 52
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL DWPARE
Registered office
Herenstraat(SGW) 64
9170 Sint-Gillis-Waas, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.