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EWIAC

Active
Private limited company (pre-2019)founded 199828 yrs activeSint-Ursmarusstraat (BAA) 62, 9200 Dendermonde, BelgiumKBO/BCE: BE 0463.777.982
Summary

EWIAC has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €674k and a net result of €228k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 80% of 3307 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+7
Solvency100▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 3.87 against 2.99 in 2024; short-term debt: 20.9% and cash: 76.5% of total assets), and 20.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.1%
Return on assets
26.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €674k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
53 d late
2024
4 d late
2023
2 d late
2022
28 d late
2021
19 d late
2020
21 d late
2019
55 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€674k▲ 21.9%
2024 · €553k
2018: €622k 2019: €776k▲ +24.8% vs 2018 2020: €798k▲ +2.9% vs 2019highest in 8 years 2021: €660k▼ -17.4% vs 2020 2022: €518k▼ -21.4% vs 2021lowest in 8 years 2023: €556k▲ +7.3% vs 2022 2024: €553k▼ -0.6% vs 2023 2025: €674k▲ +21.9% vs 2024
2018 → 2025
Total assets
€853k▲ 11.9%
2024 · €762k
2018: €650k 2019: €793k▲ +22.0% vs 2018 2020: €871k▲ +9.9% vs 2019highest in 8 years 2021: €735k▼ -15.7% vs 2020 2022: €619k▼ -15.7% vs 2021lowest in 8 years 2023: €729k▲ +17.8% vs 2022 2024: €762k▲ +4.4% vs 2023 2025: €853k▲ +11.9% vs 2024
2018 → 2025
Net result
€228k▲ 51.5%
2024 · €151k
2018: €129k 2019: €154k▲ +19.1% vs 2018 2020: €107k▼ -30.4% vs 2019 2021: €59k▼ -44.9% vs 2020lowest in 8 years 2022: €61k▲ +3.2% vs 2021 2023: €167k▲ +175% vs 2022 2024: €151k▼ -9.9% vs 2023 2025: €228k▲ +51.5% vs 2024highest in 8 years
2018 → 2025
Working capital
€513k▲ 24.0%
2024 · €414k
2018: €410k 2019: €570k▲ +39.0% vs 2018 2020: €610k▲ +7.0% vs 2019highest in 8 years 2021: €509k▼ -16.6% vs 2020 2022: €395k▼ -22.4% vs 2021 2023: €392k▼ -0.6% vs 2022lowest in 8 years 2024: €414k▲ +5.4% vs 2023 2025: €513k▲ +24.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€660k-€518k▼ 21.4%€556k▲ 7.3%€553k▼ 0.6%€674k▲ 21.9% 2021: €660k 2022: €518k▼ -21.4% vs 2021lowest in 5 years 2023: €556k▲ +7.3% vs 2022 2024: €553k▼ -0.6% vs 2023 2025: €674k▲ +21.9% vs 2024highest in 5 years
Operating result€101k-€89k▼ 12.7%€241k▲ 172%€212k▼ 11.7%€331k▲ 55.9% 2021: €101k 2022: €89k▼ -12.7% vs 2021lowest in 5 years 2023: €241k▲ +172% vs 2022 2024: €212k▼ -11.7% vs 2023 2025: €331k▲ +55.9% vs 2024highest in 5 years
Net result€59k-€61k▲ 3.2%€167k▲ 175%€151k▼ 9.9%€228k▲ 51.5% 2021: €59klowest in 5 years 2022: €61k▲ +3.2% vs 2021 2023: €167k▲ +175% vs 2022 2024: €151k▼ -9.9% vs 2023 2025: €228k▲ +51.5% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €101k€101kNet result 2021: €59k€59kOperating result 2022: €89k€89kNet result 2022: €61k€61kOperating result 2023: €241k€241kNet result 2023: €167k€167kOperating result 2024: €212k€212kNet result 2024: €151k€151kOperating result 2025: €331k€331kNet result 2025: €228k€228k20212022202320242025€0€100k€200k€300kOperating result 2023: €241k€241kNet result 2023: €167k€167kOperating result 2024: €212k€212kNet result 2024: €151k€151kOperating result 2025: €331k€331kNet result 2025: €228k€228k202320242025
The operating result recovers in 2025; 2025 is 56% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €853k
Fixed assets €161k ▲ 14.5%
Current assets €692k ▲ 11.3%
Equity and liabilities €853k
Equity €674k ▲ 21.9%
Debt €179k ▼ 14.4%
Debt's share of the balance-sheet total falls from 27.4% to 20.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€364k▲
2024 · €248k
Cash flow
€261k▲
2024 · €186k
Current ratio
3.87▲
2024 · 2.99
Debt to equity
0.27▼
2024 · 0.38
ROE
33.9%▲
2024 · 27.2%
ROA
26.8%▲
2024 · 19.8%
Interest coverage
535.91▼
2024 · 721.92
Debt ≤ 1 year
€179k▼
2024 · €208k
Income taxes
€108k▲
2024 · €68k
Staff costs
€127k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€762k€853k▲
Fixed assets21/28€140k€161k▲
Tangible fixed assets22/27€140k€161k▲
Land and buildings22€87k€73k▼
Plant, machinery and equipment23€4k€656▼
Furniture and vehicles24€50k€87k▲
Current assets29/58€621k€692k▲
Amounts receivable within one year40/41€79k€31k▼
Trade receivables40€79k€31k▼
Cash at bank and in hand54/58€537k€652k▲
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€762k€853k▲
Equity10/15€553k€674k▲
Contributions10/11€6k€6k=
Reserves13€547k€668k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€545k€666k▲
Amounts payable17/49€209k€179k▼
Amounts payable within one year42/48€208k€179k▼
Trade debts44€5k€14k▲
Suppliers440/4€5k€14k▲
Taxes, remuneration and social security45€44k€54k▲
Taxes450/3€29k€54k▲
Remuneration and social security454/9€16k-
Other amounts payable47/48€158k€111k▼
Accrued charges and deferred income492/3€1k-
Income statement Code20242025
Remuneration, social security and pensions62-€127k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€33k▼
Gross operating margin9900€248k€491k▲
Operating profit (loss)9901€212k€331k▲
Financial income75/76B€7k€5k▼
Recurring financial income75€7k€5k▼
Financial charges65/66B€344€679▲
Recurring financial charges65€344€679▲
Profit (loss) for the period before taxes9903€219k€336k▲
Income taxes67/77€68k€108k▲
Profit (loss) for the period9904€151k€228k▲
Profit (loss) for the period to be appropriated9905€151k€228k▲
Appropriation of the result
Profit (loss) to be appropriated9906€151k€228k▲
Transfer from equity791/2€154k€107k▼
Transfer to equity691/2€151k€228k▲
To other reserves6921€151k€228k▲
Profit to be distributed694/7€154k€107k▼
Return on contributions (dividend)694€154k€107k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Remuneration, social security and pensions62----€127k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€38k€27k€36k€33k▼ 9.3%
Gross operating margin9900€153k€126k€267k€248k€491k▲ 97.6%
Operating profit (loss)9901€101k€89k€241k€212k€331k▲ 55.9%
Financial income75/76B€24-€1k€7k€5k▼ 21.1%
Recurring financial income75€24-€1k€7k€5k▼ 21.1%
Financial charges65/66B€571€1k€887€344€679▲ 97.4%
Recurring financial charges65€571€1k€887€344€679▲ 97.4%
Profit (loss) for the period before taxes9903€101k€87k€241k€219k€336k▲ 53.5%
Income taxes67/77€42k€26k€74k€68k€108k▲ 57.8%
Profit (loss) for the period9904€59k€61k€167k€151k€228k▲ 51.5%
Profit (loss) for the period to be appropriated9905€59k€61k€167k€151k€228k▲ 51.5%
Line20212022202320242025Change
Assets
Total assets20/58€735k€619k€729k€762k€853k▲ 11.9%
Fixed assets21/28€151k€123k€164k€140k€161k▲ 14.5%
Tangible fixed assets22/27€151k€123k€164k€140k€161k▲ 14.5%
Land and buildings22€121k€111k€94k€87k€73k▼ 16.3%
Plant, machinery and equipment23€28k€13k€7k€4k€656▼ 81.8%
Furniture and vehicles24€2k-€63k€50k€87k▲ 75.8%
Current assets29/58€583k€496k€566k€621k€692k▲ 11.3%
Amounts receivable within one year40/41€124k€66k€52k€79k€31k▼ 61.1%
Trade receivables40€35k€26k€52k€79k€31k▼ 61.1%
Other amounts receivable41€89k€40k----
Cash at bank and in hand54/58€457k€426k€509k€537k€652k▲ 21.4%
Deferred charges and accrued income490/1€3k€3k€5k€5k€9k▲ 87.0%
Equity and liabilities
Total equity and liabilities10/49€735k€619k€729k€762k€853k▲ 11.9%
Equity10/15€660k€518k€556k€553k€674k▲ 21.9%
Contributions10/11€6k€6k€6k€6k€6k=
Reserves13€654k€512k€550k€547k€668k▲ 22.1%
Non-distributable reserves130/1€6k€2k€2k€2k€2k=
Reserves not available under the articles1311€6k€2k€2k€2k€2k=
Distributable reserves133€648k€510k€548k€545k€666k▲ 22.2%
Amounts payable17/49€75k€101k€173k€209k€179k▼ 14.4%
Amounts payable within one year42/48€75k€101k€173k€208k€179k▼ 14.0%
Trade debts44€42k€27k€13k€5k€14k▲ 191%
Suppliers440/4€42k€27k€13k€5k€14k▲ 191%
Taxes, remuneration and social security45--€20k€44k€54k▲ 21.5%
Taxes450/3--€20k€29k€54k▲ 87.4%
Remuneration and social security454/9---€16k--
Other amounts payable47/48€33k€73k€140k€158k€111k▼ 30.0%
Accrued charges and deferred income492/3---€1k--
Line20212022202320242025Change
Profit (loss) for the period9904€59k€61k€167k€151k€228k▲ 51.5%
+ Depreciation and write-downs630€51k€38k€27k€36k€33k▼ 9.3%
Operating cash flow (approximation)€110k€99k€194k€186k€261k▲ 39.9%
Investment in fixed assets (approximation)-€-10k€-67k€-12k€-53k▼ 330%
Change in cash-€-31k€83k€28k€115k▲ 305%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 53 days late
2025
31-12
Financial Highest result since 2018net €228k ▲51.5%
Operating result €331k, net result €228k, both a record.
04-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
02-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
19-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
31-12
Financial Weakest financial yearnet €59k ▼44.9%
Net result drops to €59k, the lowest in the series; recovery starts the following year.
21-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 21 days late
2020
24-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
2019
13-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Dendermonde · 2 establishment units since 2004
seat establishment All 2 establishment units on the map
Ground area
1,829 m²
Building footprint
191 m²
Volume, LiDAR
1,615 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Sint-Ursmarusstraat (BAA) 62, 9200 Dendermonde
NACE 74121
since 20042.247.568.390
Rossevaalstraat 116C, 9280 Lebbeke
Legal and accounting activities
since 20162.247.568.588
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42011B0674/00V000 Flanders 1,290 m² - -
42002C0271/00H000 Flanders 539 m² 1 · 191 m² 12.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 2,870 EUR awarded · 2,870 EUR paid
Year Entries awardedpaid
2025 1 762 EUR762 EUR
2024 1 497 EUR497 EUR
2023 1 1,110 EUR1,440 EUR
2022 1 501 EUR171 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 2,870 EUR · 2,870 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded08-07-1998
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants

Scores and ratios are computed by Checked and are not a credit decision.