Skip to content

G.D.W.

Active
Public limited companyfounded 1967active for 59 yearsHoogmolenwegel 21, 8790 Waregem, BelgiumKBO/BCE: BE 0405.400.711
Summary

G.D.W. has been active since 1967 and the Belgian Official 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 about 13% per year across the filed financial years. Its solvency ranks better than 67% of 191 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, full format

Turnover
€35.2m▲ 12.7%
2024 · €31.2m
EBIT margin
20.3%▲ 3.7pp
2024 · 16.6%
Net result
€5.6m▲ 35.1%
2024 · €4.2m
Working capital
€7.4m▲ 21.5%
2024 · €6.1m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 38% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€35.2m 2025 Operating result€7.2m 2025 Net result€5.6m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€18.5m-€17.9m▼ 3.3%€21.0m▲ 17.8%€26.4m▲ 25.7%€25.2m▼ 4.8%€29.1m▲ 15.5%€31.2m▲ 7.5%€35.2m▲ 12.7%
Operating result€4.3m-€3.5m▼ 19.3%€4.5m▲ 29.4%€7.2m▲ 59.3%€3.8m▼ 47.4%€5.0m▲ 33.7%€5.2m▲ 3.2%€7.2m▲ 37.6%
Net result€3.5m-€2.8m▼ 18.6%€3.7mabove the sector's middle half▲ 31.3%€5.9mabove the sector's middle half▲ 60.0%€3.3mabove the sector's middle half▼ 43.4%€4.9mabove the sector's middle half▲ 45.6%€4.2mabove the sector's middle half▼ 14.6%€5.6mabove the sector's middle half▲ 35.1%
EBIT margin23.3%-19.4%▼ 3.9pp21.4%▲ 1.9pp27.1%▲ 5.7pp15.0%▼ 12.1pp17.3%▲ 2.4pp16.6%▼ 0.7pp20.3%▲ 3.7pp
Equity€7.1m-€8.9m▲ 25.5%€10.6mabove the sector's middle half▲ 19.0%€13.9mabove the sector's middle half▲ 31.2%€9.2mabove the sector's middle half▼ 33.9%€12.9mabove the sector's middle half▲ 40.8%€16.1mabove the sector's middle half▲ 25.2%€18.0mabove the sector's middle half▲ 11.6%
Total assets€19.8m-€20.1m▲ 1.4%€21.1mabove the sector's middle half▲ 5.0%€26.4mabove the sector's middle half▲ 25.5%€26.1mabove the sector's middle half▼ 1.5%€25.6mabove the sector's middle half▼ 1.8%€28.2mabove the sector's middle half▲ 10.2%€29.8mabove the sector's middle half▲ 5.8%
Debt€12.6m-€11.1m▼ 12.0%€10.4m▼ 5.9%€12.5m▲ 19.9%€16.8m▲ 34.1%€12.6m▼ 25.0%€11.9m▼ 5.3%€11.8m▼ 1.3%
Working capital€3.3m-€4.6m▲ 38.5%€5.7mabove the sector's middle half▲ 23.6%€7.9mabove the sector's middle half▲ 37.3%€2.1mabove the sector's middle half▼ 72.7%€3.3mabove the sector's middle half▲ 52.5%€6.1mabove the sector's middle half▲ 85.0%€7.4mabove the sector's middle half▲ 21.5%
Solvency35.7%-44.2%▲ 8.5pp50.1%within the sector's middle half▲ 5.9pp52.4%within the sector's middle half▲ 2.3pp35.1%within the sector's middle half▼ 17.3pp50.4%within the sector's middle half▲ 15.3pp57.3%within the sector's middle half▲ 6.9pp60.4%within the sector's middle half▲ 3.1pp
Current ratio1.42-1.66▲ 0.251.81within the sector's middle half▲ 0.141.99within the sector's middle half▲ 0.191.17within the sector's middle half▼ 0.831.30within the sector's middle half▲ 0.131.56within the sector's middle half▲ 0.261.66within the sector's middle half▲ 0.10
Return on assets (ROA)17.5%-14.0%▼ 3.4pp17.5%above the sector's middle half▲ 3.5pp22.3%above the sector's middle half▲ 4.8pp12.8%above the sector's middle half▼ 9.5pp19.0%above the sector's middle half▲ 6.2pp14.7%above the sector's middle half▼ 4.3pp18.8%above the sector's middle half▲ 4.1pp
Staff (FTE)66.6-72▲ 8.1%72.4above the sector's middle half▲ 0.6%85.4above the sector's middle half▲ 18.0%87.1above the sector's middle half▲ 2.0%84.4above the sector's middle half▼ 3.1%87.4above the sector's middle half▲ 3.6%99.8above the sector's middle half▲ 14.2%
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29.8m
Fixed assets €11.3m ▼ 0.4%
Current assets €18.6m ▲ 9.9%
Equity and liabilities €29.8m
Equity €18.0m ▲ 11.6%
Provisions €44,681 ▼ 64.4%
Debt €11.8m ▼ 1.3%
Debt's share of the balance-sheet total falls from 42.3% to 39.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8.6m▲
2024 · €6.6m
Cash flow
€7.1m▲
2024 · €5.5m
Quick ratio
0.88▲
2024 · 0.81
Debt to equity
0.65▼
2024 · 0.74
ROE
31.2%▲
2024 · 25.7%
Interest coverage
30.33▲
2024 · 18.58
Debt ≤ 1 year
€11.2m▲
2024 · €10.8m
Debt > 1 year
€496,702▼
2024 · €1.1m
Income taxes
€1.5m▲
2024 · €1.1m
Staff costs
€6.0m▲
2024 · €5.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,579 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 96.6% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.2% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,579 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 96 lines
Balance sheet Code20242025
Assets
Total assets20/58€28.2m€29.8m▲
Fixed assets21/28€11.3m€11.3m▼
Intangible fixed assets21€0.07m€0.06m▼
Tangible fixed assets22/27€6.6m€6.6m▼
Land and buildings22€3.6m€3.7m▲
Plant, machinery and equipment23€1.9m€2.1m▲
Furniture and vehicles24€0.7m€0.6m▼
Leasing and similar rights25€0.5m€0.2m▼
Financial fixed assets28€4.6m€4.6m=
Affiliated companies280/1€4.6m€4.6m=
Participating interests280€4.6m€4.6m=
Current assets29/58€16.9m€18.6m▲
Stocks and contracts in progress3€8.1m€8.7m▲
Stocks30/36€8.1m€8.7m▲
Raw materials and consumables30/31€2.9m€3.2m▲
Work in progress32€1.0m€1.1m▲
Finished goods33€2.6m€2.6m▲
Goods purchased for resale34€1.1m€1.2m▲
Advance payments36€0.5m€0.6m▲
Amounts receivable within one year40/41€5.1m€4.1m▼
Trade receivables40€4.3m€3.5m▼
Other amounts receivable41€0.8m€0.6m▼
Current investments50/53€0.7m€4.2m▲
Other investments51/53€0.7m€4.2m▲
Cash at bank and in hand54/58€2.9m€1.5m▼
Deferred charges and accrued income490/1€0.04m€0.03m▼
Equity and liabilities
Total equity and liabilities10/49€28.2m€29.8m▲
Equity10/15€16.1m€18.0m▲
Contributions10/11€0.4m€0.4m=
Capital10€0.4m€0.4m=
Issued capital100€0.4m€0.4m=
Reserves13€15.4m€17.3m▲
Non-distributable reserves130/1€0.04m€0.04m=
Legal reserve130€0.04m€0.04m=
Tax-exempt reserves132€0.06m€0.06m=
Distributable reserves133€15.3m€17.2m▲
Investment grants15€0.4m€0.4m▲
Provisions and deferred taxes16€0.1m€0.04m▼
Deferred taxes168€0.1m€0.04m▼
Amounts payable17/49€11.9m€11.8m▼
Amounts payable after more than one year17€1.1m€0.5m▼
Financial debts170/4€1.1m€0.5m▼
Leasing and similar obligations172€0.2m-
Credit institutions173€0.9m€0.5m▼
Amounts payable within one year42/48€10.8m€11.2m▲
Current portion of amounts payable after more than one year42€0.6m€0.6m▼
Financial debts43€5.9m€5.1m▼
Credit institutions430/8€5.9m€5.1m▼
Trade debts44€2.5m€1.0m▼
Suppliers440/4€2.5m€1.0m▼
Taxes, remuneration and social security45€0.8m€0.7m▼
Taxes450/3€0.3m€0.1m▼
Remuneration and social security454/9€0.6m€0.6m▲
Other amounts payable47/48€1.0m€3.8m▲
Accrued charges and deferred income492/3€0.004m€0.06m▲
Income statement Code20242025
Operating income70/76A€31.5m€36.4m▲
Turnover70€31.2m€35.2m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€0.6m€0.1m▲
Other operating income74€0.8m€0.9m▲
Non-recurring operating income76A€0.04m€0.2m▲
Operating charges60/66A€26.3m€29.2m▲
Goods for resale, raw materials and consumables60€13.2m€14.6m▲
Purchases600/8€14.0m€14.9m▲
Change in stocks: decrease (increase)609-€0.8m-€0.4m▲
Services and other goods61€6.5m€7.2m▲
Remuneration, social security and pensions62€5.1m€6.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.4m€1.4m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.02m-€0.04m▼
Other operating charges640/8€0.1m€0.1m▲
Non-recurring operating charges66A-€0.01m
Operating profit (loss)9901€5.2m€7.2m▲
Financial income75/76B€0.5m€0.4m▼
Recurring financial income75€0.5m€0.4m▼
Income from financial fixed assets750€0.3m€0.3m=
Income from current assets751€0.07m€0.02m▼
Other financial income752/9€0.1m€0.1m▼
Financial charges65/66B€0.5m€0.4m▼
Recurring financial charges65€0.5m€0.4m▼
Debt charges650€0.4m€0.3m▼
Other financial charges652/9€0.1m€0.1m▲
Profit (loss) for the period before taxes9903€5.2m€7.2m▲
Transfer from deferred taxes780€0.03m€104▼
Income taxes67/77€1.1m€1.5m▲
Taxes670/3€1.1m€1.6m▲
Tax adjustments and reversals of tax provisions77-€0.03m
Profit (loss) for the period9904€4.2m€5.6m▲
Profit (loss) for the period to be appropriated9905€4.2m€5.6m▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.2m€5.6m▲
Transfer from equity791/2-€1.0m
From reserves792-€1.0m
Transfer to equity691/2€3.2m€2.9m▼
To other reserves6921€3.2m€2.9m▼
Profit to be distributed694/7€1.0m€3.8m▲
Return on contributions (dividend)694€0.3m€3.0m▲
Directors or managers695€0.8m€0.8m=
Social balance sheet
Average headcount (FTE)908787.499.8▲

The notes to these accounts (84 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€28.3m€26.5m€29.8m€31.5m€36.4m▲ 15.6%
Turnover70€18.5m€17.9m€21.0m€26.4m€25.2m€29.1m€31.2m€35.2m▲ 12.7%
Change in stocks of work in progress, finished goods and contracts in progress71---€1.1m€0.6m-€0.1m-€0.6m€0.1m-
Other operating income74---€0.7m€0.7m€0.8m€0.8m€0.9m▲ 12.3%
Non-recurring operating income76A---€0.03m€0.04m€0.02m€0.04m€0.2m▲ 422%
Operating charges60/66A---€21.1m€22.7m€24.7m€26.3m€29.2m▲ 11.2%
Goods for resale, raw materials and consumables60---€11.2m€12.1m€13.4m€13.2m€14.6m▲ 10.4%
Purchases600/8---€12.3m€12.4m€13.4m€14.0m€14.9m▲ 6.3%
Change in stocks: decrease (increase)609----€1.0m-€0.3m€0.007m-€0.8m-€0.4m▲ 57.9%
Services and other goods61---€5.0m€5.0m€5.5m€6.5m€7.2m▲ 9.8%
Remuneration, social security and pensions62---€4.4m€4.5m€4.7m€5.1m€6.0m▲ 17.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.4m€0.5m€0.5m€0.6m€1.0m€1.1m€1.4m€1.4m▲ 5.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.09m€0.02m-€0.04m€0.02m-€0.04m-
Other operating charges640/8---€0.1m€0.1m€0.1m€0.1m€0.1m▲ 4.4%
Non-recurring operating charges66A---€0.03m€0.001m€91-€0.01m-
Operating profit (loss)9901€4.3m€3.5m€4.5m€7.2m€3.8m€5.0m€5.2m€7.2m▲ 37.6%
Financial income75/76B---€0.5m€0.5m€1.6m€0.5m€0.4m▼ 14.0%
Recurring financial income75€0.3m€0.3m€0.3m€0.5m€0.5m€1.6m€0.5m€0.4m▼ 14.0%
Income from financial fixed assets750---€0.4m€0.4m€1.3m€0.3m€0.3m=
Income from current assets751---€0.05m€0.07m€0.2m€0.07m€0.02m▼ 65.9%
Other financial income752/9---€0.06m€0.06m€0.1m€0.1m€0.1m▼ 18.6%
Financial charges65/66B---€0.3m€0.3m€0.5m€0.5m€0.4m▼ 12.5%
Recurring financial charges65€0.3m€0.2m€0.3m€0.3m€0.3m€0.5m€0.5m€0.4m▼ 12.5%
Debt charges650€0.1m€0.1m€0.09m€0.08m€0.08m€0.3m€0.4m€0.3m▼ 19.8%
Other financial charges652/9---€0.2m€0.2m€0.2m€0.1m€0.1m▲ 7.0%
Profit (loss) for the period before taxes9903€4.3m€3.5m€4.5m€7.4m€4.0m€6.1m€5.2m€7.2m▲ 37.3%
Transfer from deferred taxes780---€0.004m€0.008m€0.01m€0.03m€104▼ 99.7%
Income taxes67/77€0.8m€0.7m€0.8m€1.5m€0.7m€1.2m€1.1m€1.5m▲ 41.5%
Taxes670/3---€1.5m€0.7m€1.2m€1.1m€1.6m▲ 44.4%
Tax adjustments and reversals of tax provisions77-------€0.03m-
Profit (loss) for the period9904€3.5m€2.8m€3.7m€5.9m€3.3m€4.9m€4.2m€5.6m▲ 35.1%
Profit (loss) for the period to be appropriated9905€3.5m€2.8m€3.7m€5.9m€3.3m€4.9m€4.2m€5.6m▲ 35.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€19.8m€20.1m€21.1m€26.4m€26.1m€25.6m€28.2m€29.8m▲ 5.8%
Fixed assets21/28€8.4m€8.4m€8.2m€10.7m€11.2m€11.4m€11.3m€11.3m▼ 0.4%
Intangible fixed assets21€0.003m€0.002m-€0.04m€0.04m€0.08m€0.07m€0.06m▼ 18.3%
Tangible fixed assets22/27€3.8m€3.8m€3.6m€6.0m€6.5m€6.7m€6.6m€6.6m▼ 0.4%
Land and buildings22---€3.1m€3.4m€3.4m€3.6m€3.7m▲ 2.7%
Plant, machinery and equipment23---€1.4m€1.7m€2.1m€1.9m€2.1m▲ 12.2%
Furniture and vehicles24---€0.3m€0.4m€0.5m€0.7m€0.6m▼ 14.4%
Leasing and similar rights25---€1.2m€1.0m€0.7m€0.5m€0.2m▼ 51.7%
Financial fixed assets28€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m€4.6m=
Affiliated companies280/1---€4.6m€4.6m€4.6m€4.6m€4.6m=
Participating interests280---€4.6m€4.6m€4.6m€4.6m€4.6m=
Current assets29/58€11.4m€11.6m€12.8m€15.8m€14.9m€14.2m€16.9m€18.6m▲ 9.9%
Stocks and contracts in progress3€4.3m€4.9m€4.4m€6.6m€7.5m€7.4m€8.1m€8.7m▲ 7.7%
Stocks30/36---€6.6m€7.5m€7.4m€8.1m€8.7m▲ 7.7%
Raw materials and consumables30/31---€1.9m€2.3m€2.3m€2.9m€3.2m▲ 10.5%
Work in progress32---€0.7m€1.2m€1.0m€1.0m€1.1m▲ 11.2%
Finished goods33---€2.9m€3.1m€3.1m€2.6m€2.6m▲ 0.6%
Goods purchased for resale34---€1.0m€0.9m€0.9m€1.1m€1.2m▲ 4.1%
Advance payments36------€0.5m€0.6m▲ 31.3%
Amounts receivable within one year40/41€3.3m€3.6m€4.7m€5.4m€4.9m€4.1m€5.1m€4.1m▼ 19.7%
Trade receivables40---€3.2m€2.9m€3.4m€4.3m€3.5m▼ 18.6%
Other amounts receivable41---€2.2m€2.0m€0.7m€0.8m€0.6m▼ 25.5%
Current investments50/53€0.2m€0.2m€0.2m€0.9m€0.01m€1.0m€0.7m€4.2m▲ 484%
Other investments51/53---€0.9m€0.01m€1.0m€0.7m€4.2m▲ 484%
Cash at bank and in hand54/58€3.5m€3.0m€3.5m€2.9m€2.5m€1.7m€2.9m€1.5m▼ 47.6%
Deferred charges and accrued income490/1---€0.02m€0.02m€0.03m€0.04m€0.03m▼ 8.0%
Equity and liabilities
Total equity and liabilities10/49€19.8m€20.1m€21.1m€26.4m€26.1m€25.6m€28.2m€29.8m▲ 5.8%
Equity10/15€7.1m€8.9m€10.6m€13.9m€9.2m€12.9m€16.1m€18.0m▲ 11.6%
Contributions10/11€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m=
Capital10---€0.4m€0.4m€0.4m€0.4m€0.4m=
Issued capital100---€0.4m€0.4m€0.4m€0.4m€0.4m=
Reserves13€6.5m€8.3m€10.0m€13.3m€8.5m€12.2m€15.4m€17.3m▲ 12.1%
Non-distributable reserves130/1---€0.04m€0.04m€0.04m€0.04m€0.04m=
Legal reserve130---€0.04m€0.04m€0.04m€0.04m€0.04m=
Tax-exempt reserves132---€0.06m€0.06m€0.06m€0.06m€0.06m=
Distributable reserves133---€13.2m€8.4m€12.1m€15.3m€17.2m▲ 12.2%
Investment grants15---€0.2m€0.3m€0.3m€0.4m€0.4m▲ 2.7%
Provisions and deferred taxes16€0.09m€0.08m€0.07m€0.06m€0.1m€0.09m€0.1m€0.04m▼ 64.4%
Deferred taxes168---€0.06m€0.1m€0.09m€0.1m€0.04m▼ 64.4%
Amounts payable17/49€12.6m€11.1m€10.4m€12.5m€16.8m€12.6m€11.9m€11.8m▼ 1.3%
Amounts payable after more than one year17€4.6m€4.1m€3.3m€4.6m€4.1m€1.7m€1.1m€0.5m▼ 54.0%
Financial debts170/4---€4.6m€4.1m€1.7m€1.1m€0.5m▼ 54.0%
Leasing and similar obligations172---€1.0m€0.7m€0.5m€0.2m--
Credit institutions173---€3.6m€3.3m€1.2m€0.9m€0.5m▼ 41.7%
Amounts payable within one year42/48€8.0m€7.0m€7.1m€7.9m€12.7m€10.9m€10.8m€11.2m▲ 3.4%
Current portion of amounts payable after more than one year42---€1.4m€1.6m€0.6m€0.6m€0.6m▼ 4.1%
Financial debts43---€1.0m€1.0m€6.4m€5.9m€5.1m▼ 13.9%
Credit institutions430/8---€1.0m€1.0m€6.4m€5.9m€5.1m▼ 13.9%
Trade debts44€1.3m€0.9m€1.5m€2.3m€1.4m€1.9m€2.5m€1.0m▼ 58.1%
Suppliers440/4---€2.3m€1.4m€1.9m€2.5m€1.0m▼ 58.1%
Taxes, remuneration and social security45---€0.7m€0.6m€0.8m€0.8m€0.7m▼ 9.9%
Taxes450/3---€0.09m€0.1m€0.3m€0.3m€0.1m▼ 50.1%
Remuneration and social security454/9---€0.6m€0.5m€0.5m€0.6m€0.6m▲ 8.5%
Other amounts payable47/48---€2.6m€8.2m€1.1m€1.0m€3.8m▲ 275%
Accrued charges and deferred income492/3---€0.003m€0.002m€0.003m€0.004m€0.06m▲ 1,382%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€3.5m€2.8m€3.7m€5.9m€3.3m€4.9m€4.2m€5.6m▲ 35.1%
+ Depreciation and write-downs630€0.4m€0.5m€0.5m€0.6m€1.0m€1.1m€1.4m€1.4m▲ 5.3%
Operating cash flow (approximation)€3.9m€3.3m€4.2m€6.5m€4.4m€6.0m€5.5m€7.1m▲ 27.7%
Investment in fixed assets (approximation)--€0.6m-€0.3m-€3.0m-€1.5m-€1.4m-€1.3m-€1.4m▼ 10.5%
Change in cash--€0.5m€0.5m-€0.5m-€0.5m-€0.8m€1.3m-€1.4m-

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

Download as CSV

Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 11-05-2026 2026-00107574
31-12-2024 full format 19-05-2025 2025-00097744
31-12-2023 full format 29-05-2024 2024-00100727
31-12-2022 full format 23-05-2023 2023-00097258
31-12-2021 full format 27-06-2022 2022-20097654
31-12-2020 full format 20-05-2021 2021-14600449
31-12-2019 full format 23-06-2020 2020-19900086
31-12-2018 full format 02-07-2019 2019-27600225
31-12-2017 full format 23-07-2018 2018-36700250
31-12-2016 full format 31-07-2017 2017-39400377

Show all 49 filings

Similar companies · same sector, comparable size

Of the 872 active companies whose main activity is repair and maintenance of fabricated metal products (NACE 33110), figures are known for 443. 42 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 7 entries · €6,202 awarded · €6,202 paid
Year Entries AwardedPaid
2025 2 €1,839€1,942
2024 2 €1,902€1,837
2023 1 €787€749
2022 2 €1,674€1,674
Schemes
4 entries · €2,702 · €2,702 paid · Fonds voor Innoveren en Ondernemen
2 entries · €2,000 · €2,000 paid · Departement Werk en Sociale Economie
1 entry · €1,500 · €1,500 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.