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V.D.W. CONSTRUCTIE

Active
Private limited companyfounded 1983active for 43 yearsKapellestraat 25, 9950 Lievegem, BelgiumKBO/BCE: BE 0424.411.325
Summary

V.D.W. CONSTRUCTIE has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €432,781. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 49% of 477 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28299Machining of metals NACE 25530
5th largest company by total assets in Lievegem, Manufacturing sector1 site
Size
€7.9mtotal assets 2025
Staff
29.5 FTE
Equity
€3.5m
Profit
€432,781
Turnover not published (abbreviated format)
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Holdings
1
  • Andy Van de WalleDirector
  • Erwin WillemsDirector
Accounts 19 days early
Why 89raises riskLiquidity: current ratio 1.66, cash €495,369Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFounded in 1983Profit of €432,781 (financial year 2025)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 28, small)
Financial strength · tick = 2024
Strong
Solvency 69-5
equity 44.3% of total assets
Liquidity 41-9
short-term debt 37.2% · cash 6.3%
Profitability 76+2
return on assets 5.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (290 companies, NACE 28, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 0.1%▼ -0.2 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.2%▲ +0.1 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €310,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.66, compared with 2.18 in 2024, above the usual 1.5; short-term debt: 37.2% and cash: 6.3% of total assets), but 55.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, small): better than 53% on solvency, 44% on liquidity, 66% on profitability and 30% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.66, cash €495,369
NBB · annual accounts
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €432,781 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 days early
2024
1 day early
2023
1 day early
2022
1 day early
2021
on the day
2020
2 days early
2019
25 days 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 7 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end22-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Appointment: MaartenCriel (niet statutairebestuurder)Gazette deed
  3. Amendment of the articlesPower of attorney

Key points

  • Positive: Among the best 9% on equitysector median €495,365 · 477 companies €3.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €432,781 7 years View
  • Positive: Result rose in 2025from €300,375 to €432,781 ▲ 44.1% View
  • Flemish supportawarded from 2022 to 2025 €109,317 View

By topic

Financials

Financial year
2025
Total assets
€7.9m
Profit
€432,781
Solvency
44.3%
Total assets▲ 8.0%
Net result
20192025
Go to Financials

Timeline

Events
46
Since
1985
Next accounts
by 31-01-2027
  1. 30-01-2025Annual accounts filed
  2. 30-01-2024Annual accounts filed
  3. 15-01-2024Resignations: Erwin Willems (manager) and Andy Van…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28299
Founded
10-08-1983
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Who signs
Each director alone
Annual meeting
First Saturday of December at 20:00
Go to Articles of association

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