Equity
€765,985 ▼ 2.6%
EIW paid out €124,872 in dividends. That is 120% of the 2025 profit.
EIW
Lifetime
17 annual accounts with figures on one time axispeak €497,586 (2022)
€369,496▲ 10.7%
lowest -€77,885 (2012)
€104,327▲ 18.8%
peak €822,758 (2023)
€765,985▼ 2.6%
€133,892▼ 26.8%
peak 5.9 FTE (2010)
-not published
Board2 names since 2008
1 director
Documentsfilings and deeds
29-05-202663 days before the deadline
2025micro format
Dividend €124,872Debts from €182,880 to €133,892
Key points
from the 2025 annual accountsTurnover
≈ €810,000 estimated
The accounts state no turnover.
Investments
€74,212 1.6 × depreciation
Green is investment, beige is depreciation.
Staff
3 FTE from 5.9 in 2010
Between 2010 and 2025, 49% of the full-time equivalents disappeared.
Filings
17 annual accounts since 2009
The last five annual accounts were filed 55 to 63 days before the end of the period.
Position in the sector
€104,327
Higher net result than 95% of companies in specialised construction. Sector median €9,998 · 37,193 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as EIW has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,721 companies, not a prediction for EIW. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806172542
Security firm approval (camera systems) renewed
Decision of 07-09-2026, published on 04-11-2026
Security firm approval (camera systems) granted
Decision of 05-11-2020, published on 14-10-2021
Change of role: , from manager to statutory director
Appointment: (statutory director) · Director discharge: · General meeting of 23-06-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EIW Wetteren | €0.9m | €369,496 | 85.1% | - |
| LD HORSE STABLES Gavere | €0.8m | €350,130 | 46.1% | 3.7 |
| ELEKTRO VAN DE VELDE DAVID Deinze | €0.9m | €436,813 | 55.2% | - |
| NADESCO Maarkedal | €0.9m | €294,135 | 27.8% | 1.5 |
| DHOME SYSTEMS Sint-Niklaas | €1.1m | €343,860 | 66.7% | 3 |
| Van Assche Liko Horebeke | €1.1m | €315,192 | 68.1% | 2 |
| EBM Ghent | €1.0m | €455,965 | 57.1% | - |
These companies have the same main activity as EIW: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €827,000 and €1.1m, founded between 2006 and 2010.
Official details
Source: KBO- Status
- Active since 05-09-2008Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment units
- 2.174.786.6199230 Wetteren, since 05-09-2008
- 2.281.429.6079230 Wetteren, since 01-11-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €899,878▼ 7.2%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 29-05-2026, 63 days before the end of the filing period
Insights on EIW
EIW files the micro format. That format states no turnover. The gross margin rose from €205,187 in 2009 to €369,496 in 2025.
The balance sheet grew most from 2017 to 2019 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 EIW
- What is the company number of EIW?
- The company number of EIW is 0806.172.542. The VAT number is the same number with BE in front: BE 0806.172.542.
- Where is EIW based?
- The registered office is at Kerkwegel 14/A, 9230 Wetteren.Company details
- What does EIW do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of EIW?
- EIW is a private limited company (BV).
- When was EIW founded?
- EIW was founded on 05-09-2008.
- Is EIW still active?
- Yes, EIW is an active enterprise in the KBO register.
- How many employees does EIW have?
- EIW had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does EIW fall under?
- In its 2025 annual accounts, EIW states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of EIW?
- The turnover in financial year 2025 is ≈ €810,000. This figure is estimated from the gross margin of €369,496 and 35 comparable companies (NACE 43211). It probably lies between €700,000 and €1.0m.
- Is EIW profitable?
- In financial year 2025, EIW made a profit of €104,327.
- Where can I find the annual accounts of EIW?
- EIW filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EIW due?
- EIW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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