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HDW TECHNICS

Active Private limited companyfounded 2013active for 13 yearsBrandstraat 14, 8755 WingeneKBO/BCE: BE 0508.833.888

Lifetime

13 annual accounts with figures on one time axis
peak €68,349 (2025)
€68,349▲ 36.5%
lowest -€21,130 (2015)
€11,535▲ 370%
peak €93,715 (2025)
€93,715▲ 14.0%
€145,938▼ 19.8%
peak 2.4 FTE (2014)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €50,059 to €68,349Result from €2,457 to €11,535Equity from €82,180 to €93,715Debts from €182,000 to €145,938

Key points

from the 2025 annual accounts

Equity

€93,715 ▲ 14.0%

HDW TECHNICS has made a profit without a break since 2019.

Turnover

≈ €270,000 estimated

The micro format states no turnover.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Six of the last ten came late. The 2017 accounts came latest: 41 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as HDW TECHNICS has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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% 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 10,902 companies, not a prediction for HDW TECHNICS. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Amendment of the articles · Legal-form change · Resignations & appointments Resignation: (director) · Reappointment: (director) · Director discharge: · General meeting of 22-12-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0508833888
Incorporation published on 04-01-2013 · Gazette deed
First establishment Brandstraat 14, Wingene
All 20 events

Comparable companies

same main activity, similar in size and age
Company
HDW TECHNICS Wingene €239,652 €68,349 39.1% -
Yves Verkest Oostkamp €246,558 €65,057 12.8% -
VERMANDER KRISTOF Damme €225,328 €60,939 74.4% -
DUJARDIN BENOIT Ostend €222,995 €73,266 27.7% -
AB-SAN Antwerp €234,884 €74,105 69.4% -
GIARD Uccle €233,895 €68,178 67.8% -
Pieter Van Assche Waregem €286,902 €78,630 71.7% -

These companies have the same main activity as HDW TECHNICS: plumbing work (NACE 43221). They are comparable in size and age: total assets between €223,000 and €287,000, founded between 2010 and 2015.

Official details

Source: KBO
Status
Active since 02-01-2013Normal situation
Activity
Plumbing workNACE 43221and 1 other
Establishment unit
2.215.491.9758755 Wingene, since 02-01-2013
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

€239,652▼ 9.3%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on HDW TECHNICS

HDW TECHNICS files the micro format. That format states no turnover. The gross margin rose from €22,013 in 2013 to €68,349 in 2025.

The balance sheet grew most from 2014 to 2015 through fixed assets, financed with long-term debt.

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 HDW TECHNICS

What is the company number of HDW TECHNICS?
The company number of HDW TECHNICS is 0508.833.888. The VAT number is the same number with BE in front: BE 0508.833.888.
Where is HDW TECHNICS based?
The registered office is at Brandstraat 14, 8755 Wingene.Company details
What does HDW TECHNICS do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of HDW TECHNICS?
HDW TECHNICS is a private limited company (BV).
When was HDW TECHNICS founded?
HDW TECHNICS was founded on 02-01-2013.
Is HDW TECHNICS still active?
Yes, HDW TECHNICS is an active enterprise in the KBO register.
What is the turnover of HDW TECHNICS?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €68,349 and 105 comparable companies (NACE 432). It probably lies between €190,000 and €390,000.Financials
Is HDW TECHNICS profitable?
In financial year 2025, HDW TECHNICS made a profit of €11,535.
Where can I find the annual accounts of HDW TECHNICS?
HDW TECHNICS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HDW TECHNICS due?
HDW TECHNICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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