V.D.W. CONSTRUCTIE
V.D.W. CONSTRUCTIE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.50M and a net result of €433k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 51% of 66 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €3.50M |
| Net result | €433k |
| Staff (FTE) | 29.5 |
| Better than sector | 51% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.3% | 43.2% | |
| Net result | €433k | €17k | |
| Equity | €3.50M | €130k | |
| Gross operating margin | €2.90M | €67k | |
| Staff costs | €1.76M | €236k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €1.11M | €898k | €1.65M |
| Net profit | €433k | €300k | €908k |
| Cash flow | €930k | €782k | €1.34M |
| Staff costs | €1.76M | €1.72M | €1.48M |
| Income taxes | €103k | €57k | €266k |
| Dividends | €500k | €170k | €151k |
| Total assets | €7.90M | €7.31M | €7.58M |
| Equity | €3.50M | €3.57M | €3.44M |
| Debt | €4.40M | €3.74M | €4.14M |
| of which ≤ 1y | €2.93M | €1.90M | €1.84M |
| of which > 1y | €1.46M | €1.85M | €2.30M |
| Working capital | €1.94M | €2.23M | €2.25M |
| Employees (FTE) | 29.5 | 30.1 | 27.8 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.66 | 2.18 | 2.22 |
| Quick ratio | 0.77 | 0.91 | 0.82 |
| Working capital ratio | 24.6% | 30.5% | 29.7% |
| Solvency | 44.3% | 48.8% | 45.3% |
| Debt / equity | 1.26 | 1.05 | 1.21 |
| Long-term debt ratio | 0.42 | 0.52 | 0.67 |
| Interest coverage | 10.23 | 13.02 | 25.17 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 5.5% | 4.1% | 12.0% |
| ROE | 12.4% | 8.4% | 26.4% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €7.90M | €7.31M | €7.58M |
| Fixed assets | 21/28 | €3.02M | €3.18M | €3.48M |
| Intangible fixed assets | 21 | €71k | €110k | €150k |
| Tangible fixed assets | 22/27 | €2.56M | €2.81M | €3.07M |
| Financial fixed assets | 28 | €389k | €266k | €266k |
| Current assets | 29/58 | €4.88M | €4.13M | €4.10M |
| Stocks & contracts in progress | 3 | €2.61M | €2.41M | €2.59M |
| Amounts receivable within one year | 40/41 | €1.75M | €1.08M | €894k |
| Cash & bank | 54/58 | €495k | €593k | €577k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.90M | €7.31M | €7.58M |
| Equity | 10/15 | €3.50M | €3.57M | €3.44M |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €2.98M | €3.13M | €3.00M |
| Accumulated profits (losses) | 14 | €504k | €415k | €415k |
| Amounts payable | 17/49 | €4.40M | €3.74M | €4.14M |
| Amounts payable after one year | 17 | €1.46M | €1.85M | €2.30M |
| Amounts payable within one year | 42/48 | €2.93M | €1.90M | €1.84M |
| Trade debts payable within one year | 44 | €1.10M | €491k | €514k |
| Income statement | ||||
| Gross operating margin | 9900 | €2.90M | €2.66M | €3.16M |
| Operating result | 9901 | €608k | €416k | €1.22M |
| Financial income | 75 | €36k | €10k | €20k |
| Financial charges | 65 | €108k | €69k | €65k |
| Result before taxes | 9903 | €536k | €358k | €1.17M |
| Income taxes | 67/77 | €103k | €57k | €266k |
| Net result for the period | 9904 | €433k | €300k | €908k |
| Result to be appropriated | 9905 | €433k | €300k | €908k |
-
Current15-01-2024 → present
-
Current15-01-2024 → present
| NACE primary | Manufacture of machinery and equipment not elsewhere classified(28299) |
| Legal form | Private limited company(610) |
| Incorporation | 10-08-1983 |
| Status | Active |
| Postal code | 9950 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072E0260/00X004 | Flanders | 1.5 ha | 1 · 8,407 m² | 11.6 m · 3 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-01-2026 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0424.411.325",
"name_full": "V.D.W. CONSTRUCTIE",
"legal_form": "BV"
}
}06-06-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2025-06-04",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0424.411.325",
"name_full": "V.D.W. CONSTRUCTIE",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [
{
"quote": "de besloten vennootschap \u201CNotarissen Noord, geassocieerde notarissen\u201D, met zetel te Assenede, alle machten om de geco\u00F6rdineerde tekst van de statuten van de vennootschap op te stellen, te ondertekenen en neer te leggen op de griffie van de bevoegde ondernemingsrechtbank",
"holder_kbo": null,
"holder_name": "Notarissen Noord, geassocieerde notarissen",
"scope_categories": [
"publication",
"filing"
],
"with_substitution": false
},
{
"quote": "de PKF BOFIDI Accountants \u0026 Advisers, Cantersteen 47 - Central Gate, 1000 Brussels or aan \u00E9\u00E9n van haar lasthebbers, met recht van indeplaatsstelling, teneinde bij alle overheidsinstanties ... op alle wijzen mondeling en/of schriftelijk op te treden als wettelijk vertegenwoordiger ... de aangiften, antwoorden op vragen om inlichtingen, berichten van wijzigingen, regularisatieopgaven en bezwaarschriften op te stellen, te ondertekenen en in te dienen ... de inschrijving, wijziging of stopzetting van de vennootschap in de Kruispuntbank van Ondernemingen, de aanvraag, wijziging of stopzetting van een BTW-nummer ... de ondertekening en neerlegging van de formulieren I tot publicatie in de bijlagen bij het Belgisch Staatsblad en de ondertekening en neerlegging van de formulieren II, tot wijziging van de registratie van de vennootschap in de Kruispuntbank van Ondernemingen (KBO)",
"holder_kbo": null,
"holder_name": "PKF BOFIDI Accountants \u0026 Advisers",
"scope_categories": [
"tax",
"filing",
"KBO",
"publication"
],
"with_substitution": true
}
],
"governance_change": {
"admin_delegated_added": []
}
}15-01-2024 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0424.411.325",
"name_full": "V.D.W. CONSTRUCTIE",
"legal_form": "BVBA"
}
}| Legal nameNL | V.D.W. CONSTRUCTIE |