G.D.W.

Active

Public limited companyfounded 196759 yrs activeHoogmolenwegel 21, 8790 Waregem, BelgiumKBO/BCE: BE 0405.400.711

Summary

G.D.W. has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.0m and a net result of €5.6m. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 67% of 162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch Report Compare

G.D.W.ActiveChecked score 79/100

Risk analysis Report Compare

What they do

Repair and maintenance of fabricated metal products

NACE 33110Manufacture of motor vehicles, trailers and semi-trailers NACE 29320NACE 34201

#3 oldest company in West Flanders, Repair and installation of machinery sector2 sites

How big

€35.2mturnover 2025

Staff: 99.8 FTE
Equity: €18.0m
Profit: €5.6m

Financially healthy?

79 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.3%

Who decides

Parent: GDW Group · 100%
Holdings: 1

Accounts 81 d early0 of 14 deeds read

Why 79- Higher-failure-rate sector- Multiple establishment units+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025

79 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability95▲+4

Solvency85▲+3

Growth74▲+1

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1,400,000 at 30 days acceptable

Liquidity ample (current ratio 1.66 against 1.56 in 2024; short-term debt: 37.6% and cash: 5.2% of total assets), and 39.6% of the assets are financed with debt.

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

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

60.4%

Return on assets

18.8%

Age of the figures

9 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Repair, maintenance and installation of machinery and equipment (NACE 33)

about 56% more bankruptcies

← fewer bankruptcies more bankruptcies →

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

81 d early

2024

73 d early

2023

63 d early

2022

69 d early

2021

34 d early

2020

72 d early

2019

38 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 61 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 23 May (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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

11-05-26 Annual accounts filedfiscal year 2025 · full…
19-05-25 Annual accounts filedfiscal year 2024 · full…
29-05-24 Annual accounts filedfiscal year 2023 · full…

Key points

Positive: Among the best 5% on net resultsector median €66,531 · 161 companies €5.6m View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €5.6m 8 years View
Controlled by GDW Groupitself parent of 1 companies 100% View
Positive: Result rose in 2025from €4.2m to €5.6m ▲ 35.1% View
Active since 1967founded 30-07-1967 59 years View