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N.D.W.

Active
Private limited companyfounded 2002active for 24 yearsBeaulieustraat 6, 1830 Machelen (Brab.), BelgiumKBO/BCE: BE 0477.968.884

From the official registers: KBO 23 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

N.D.W. has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €189,770. Equity has been growing by about 3.6% per year since 2018. Its solvency ranks better than 35% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow ReportCompare
N.D.W.ActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 12-07-2002 Normal situation
Activity
General electrical installation work NACE 43211and 8 others
Establishment unit
2.100.643.777 1830 Machelen (Brab.), since 13-08-2002
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Board and ownership

Board
  • De Wilder GregorDirector · since 27-06-2002
  • De Wilder KrisDirector · since 27-06-2002
  • Landtmeters ValerieDirector · since 01-07-2021
Holdings
Shares in 3 companies including D.T.A.G. and DELPA
Board & ownership

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€2.3m
▲ 19.3%
Turnover
≈ €6.2m
estimated
Profit
€189,770
▲ 426×
Equity
€1.5m
▲ 14.8%
Total assets
€4.5m
▲ 4.9%
Staff
26.5 FTE
▼ 12.8%
Filed on 30-07-2026, 1 day before the deadlineat the National Bank
Financials
Score breakdownraises riskLiquidity: current ratio 1.62, cash €100,190, halvedSector: Specialised construction activities (NACE 43)lowers riskFounded in 2002Figures for financial year 2025 (filed on 07-08-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of small companies in specialised construction (NACE 43)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 57+3
equity 32.3% of total assets
Liquidity 35-12
short-term debt 38.2% · cash 2.2%
Profitability 50+31
return on assets 4.2%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.5 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.62 (1.5 in 2024), above the usual 1.5. Short-term debt is 38.2% and cash 2.2% of total assets. However, 67.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 41% of them on solvency, 32% on liquidity, 23% on profitability and 70% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.62, cash €100,190, halved
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 07-08-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
5 days early
2022
77 days late
2021
1 day early
2020
39 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €446 to €189,770 ▲ 426× View
  • Positive: More equity than 92% of companies in specialised constructionsector median €251,308 · 9,885 companies €1.5m View
  • Heads a groupcompanies controlled 3 View

Companies linked to N.D.W.

Comparable companies

These companies have the same main activity as N.D.W.: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €4.3m and €6.8m, founded between 1996 and 2000.

CompanyTotal assetsGross margin
N.D.W. Machelen (Brab.)€4.5m€2.3m
K & F ELECTRO-TECHNIEK Olen€4.9m€2.1m
SKIDATA Zaventem€4.7m€3.2m
Megavolt Dilbeek€6.8m€2.9m
WESTELEC Ieper€4.7m€2.9m
HANSSENS TELECOM Roeselare€4.6m€2.9m
M.D. TECHNOLOGY Marchin€4.3m€2.8m
Full comparison

Documents

Annual accounts at the NBB

All 23 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about N.D.W.
What is the company number of N.D.W.?
The company number of N.D.W. is 0477.968.884. The VAT number is the same number with BE in front: BE 0477.968.884.
Where is N.D.W. based?
The registered office is at Beaulieustraat 6, 1830 Machelen (Brab.).Company details
What does N.D.W. do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of N.D.W.?
The legal form of N.D.W. is Private limited company (BV).
When was N.D.W. founded?
N.D.W. was founded on 12-07-2002.
Is N.D.W. still active?
Yes, N.D.W. is an active enterprise in the KBO register.
How many employees does N.D.W. have?
N.D.W. had an average of 26.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of N.D.W.?
The turnover in financial year 2025 is ≈ €6.2m. This figure is estimated from the gross margin of €2.3m and 31 comparable companies (NACE 432). It probably lies between €4.8m and €7.7m.
Is N.D.W. profitable?
In financial year 2025, N.D.W. made a profit of €189,770.
Where can I find the annual accounts of N.D.W.?
N.D.W. filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of N.D.W. due?
N.D.W. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check

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