DBDW
ActiveSummary
DBDW has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €-27k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 9.71 against 6.42 in 2024; short-term debt: 5.5% and cash: 5.8% of total assets), and 5.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.3%
Return on assets
-31.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-27k
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
3 d early
2023
14 d late
2022
22 d late
2021
4 d early
2020
13 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▼ 25.0%
2024 · €109k
2018: €58klowest in 8 years
2019: €68k▲ +18.8% vs 2018
2020: €82k▲ +20.5% vs 2019
2021: €118k▲ +42.7% vs 2020
2022: €127k▲ +7.8% vs 2021
2023: €133k▲ +4.6% vs 2022highest in 8 years
2024: €109k▼ -17.6% vs 2023
2025: €82k▼ -25.0% vs 2024
2018 → 2025
Total assets
€87k▼ 31.0%
2024 · €126k
2018: €78k
2019: €77k▼ -0.6% vs 2018lowest in 8 years
2020: €94k▲ +21.3% vs 2019
2021: €147k▲ +57.4% vs 2020
2022: €192k▲ +30.2% vs 2021highest in 8 years
2023: €158k▼ -17.7% vs 2022
2024: €126k▼ -20.2% vs 2023
2025: €87k▼ -31.0% vs 2024
2018 → 2025
Net result
€-27k▼ 105%
2024 · €-13k
2018: €9k
2019: €11k▲ +19.8% vs 2018
2020: €14k▲ +29.4% vs 2019
2021: €35k▲ +151% vs 2020highest in 8 years
2022: €35k▼ -0.1% vs 2021
2023: €15k▼ -57.8% vs 2022
2024: €-13k▼ -190% vs 2023
2025: €-27k▼ -105% vs 2024lowest in 8 years
2018 → 2025
Working capital
€41k▼ 39.9%
2024 · €69k
2018: €51k
2019: €62k▲ +21.8% vs 2018
2020: €70k▲ +14.0% vs 2019
2021: €89k▲ +26.1% vs 2020
2022: €100k▲ +12.4% vs 2021
2023: €107k▲ +6.9% vs 2022highest in 8 years
2024: €69k▼ -35.3% vs 2023
2025: €41k▼ -39.9% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€127k▲ 7.8%€133k▲ 4.6%€109k▼ 17.6%€82k▼ 25.0%
2021: €118k
2022: €127k▲ +7.8% vs 2021
2023: €133k▲ +4.6% vs 2022highest in 5 years
2024: €109k▼ -17.6% vs 2023
2025: €82k▼ -25.0% vs 2024lowest in 5 years
Operating result€54k-€52k▼ 3.7%€24k▼ 53.0%€-13k€-27k▼ 105%
2021: €54khighest in 5 years
2022: €52k▼ -3.7% vs 2021
2023: €24k▼ -53.0% vs 2022
2024: €-13k▼ -153% vs 2023
2025: €-27k▼ -105% vs 2024lowest in 5 years
Net result€35k-€35k▼ 0.1%€15k▼ 57.8%€-13k€-27k▼ 105%
2021: €35khighest in 5 years
2022: €35k▼ -0.1% vs 2021
2023: €15k▼ -57.8% vs 2022
2024: €-13k▼ -190% vs 2023
2025: €-27k▼ -105% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2025 against €13k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€41k ▼ 8.1%
Current assets
€46k ▼ 43.4%
Equity and liabilities €87k
Equity
€82k ▼ 25.0%
Debt
€5k ▼ 70.5%
Debt's share of the balance-sheet total falls from 13.3% to 5.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2024 · €-3k
Cash flow
€-15k▼
2024 · €-3k
Current ratio
9.71▲
2024 · 6.42
Debt to equity
0.06▼
2024 · 0.15
ROE
-33.3%▼
2024 · -12.2%
ROA
-31.4%▼
2024 · -10.6%
Interest coverage
-7.09▼
2024 · -1.33
Debt ≤ 1 year
€5k▼
2024 · €13k
Income taxes
€434▼
2024 · €446
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€126k€87k▼
Fixed assets21/28€44k€41k▼
Tangible fixed assets22/27€44k€41k▼
Land and buildings22€13k€20k▲
Furniture and vehicles24€31k€21k▼
Current assets29/58€82k€46k▼
Amounts receivable within one year40/41€51k€35k▼
Trade receivables40€4k€18k▲
Other amounts receivable41€47k€17k▼
Cash at bank and in hand54/58€25k€5k▼
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€126k€87k▼
Equity10/15€109k€82k▼
Contributions10/11€6k€6k=
Reserves13€100k€100k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€3k€-25k▼
Amounts payable17/49€17k€5k▼
Amounts payable within one year42/48€13k€5k▼
Trade debts44€810€1k▲
Suppliers440/4€810€1k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€10k-
Accrued charges and deferred income492/3€4k€188▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-2k€-13k▼
Operating profit (loss)9901€-13k€-27k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-13k€-27k▼
Income taxes67/77€446€434▼
Profit (loss) for the period9904€-13k€-27k▼
Profit (loss) for the period to be appropriated9905€-13k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-25k▼
Profit (loss) brought forward from the previous period14P€16k€3k▼
Transfer from equity791/2€10k-
Profit to be distributed694/7€10k-
Return on contributions (dividend)694€10k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €8k | €8k | €10k | €12k | ▲ 26.6% |
| Other operating charges640/8 | €988 | €1k | €1k | €1k | €1k | ▲ 3.1% |
| Non-recurring operating charges66A | - | - | €5 | - | - | - |
| Gross operating margin9900 | €59k | €61k | €34k | €-2k | €-13k | ▼ 519% |
| Operating profit (loss)9901 | €54k | €52k | €24k | €-13k | €-27k | ▼ 105% |
| Financial income75/76B | €3k | €4k | €3k | €3k | €2k | ▼ 33.1% |
| Recurring financial income75 | €3k | €4k | €3k | €3k | €2k | ▼ 33.1% |
| Financial charges65/66B | €60 | €72 | €653 | €2k | €2k | ▼ 16.4% |
| Recurring financial charges65 | €60 | €72 | €653 | €2k | €2k | ▼ 16.4% |
| Profit (loss) for the period before taxes9903 | €57k | €56k | €27k | €-13k | €-27k | ▼ 109% |
| Income taxes67/77 | €21k | €21k | €12k | €446 | €434 | ▼ 2.8% |
| Profit (loss) for the period9904 | €35k | €35k | €15k | €-13k | €-27k | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €35k | €35k | €15k | €-13k | €-27k | ▼ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147k | €192k | €158k | €126k | €87k | ▼ 31.0% |
| Fixed assets21/28 | €29k | €27k | €26k | €44k | €41k | ▼ 8.1% |
| Tangible fixed assets22/27 | €29k | €27k | €26k | €44k | €41k | ▼ 8.1% |
| Land and buildings22 | €5k | €4k | €4k | €13k | €20k | ▲ 51.2% |
| Furniture and vehicles24 | €24k | €23k | €22k | €31k | €21k | ▼ 32.8% |
| Current assets29/58 | €119k | €165k | €132k | €82k | €46k | ▼ 43.4% |
| Amounts receivable within one year40/41 | €66k | €93k | €74k | €51k | €35k | ▼ 30.2% |
| Trade receivables40 | €15k | €27k | €30k | €4k | €18k | ▲ 353% |
| Other amounts receivable41 | €51k | €66k | €44k | €47k | €17k | ▼ 62.7% |
| Cash at bank and in hand54/58 | €51k | €70k | €55k | €25k | €5k | ▼ 79.9% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €6k | €6k | ▼ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147k | €192k | €158k | €126k | €87k | ▼ 31.0% |
| Equity10/15 | €118k | €127k | €133k | €109k | €82k | ▼ 25.0% |
| Contributions10/11 | €7k | €7k | €6k | €6k | €6k | = |
| Reserves13 | €95k | €104k | €110k | €100k | €100k | = |
| Non-distributable reserves130/1 | €815 | €815 | - | - | - | - |
| Reserves not available under the articles1311 | €815 | €815 | - | - | - | - |
| Distributable reserves133 | €94k | €103k | €110k | €100k | €100k | = |
| Profit (loss) carried forward14 | €15k | €16k | €16k | €3k | €-25k | ▼ 1,028% |
| Amounts payable17/49 | €30k | €65k | €25k | €17k | €5k | ▼ 70.5% |
| Amounts payable within one year42/48 | €30k | €65k | €25k | €13k | €5k | ▼ 62.6% |
| Trade debts44 | €3k | €3k | €2k | €810 | €1k | ▲ 62.1% |
| Suppliers440/4 | €3k | €3k | €2k | €810 | €1k | ▲ 62.1% |
| Taxes, remuneration and social security45 | €27k | €36k | €14k | €2k | €3k | ▲ 79.0% |
| Taxes450/3 | €24k | €34k | €14k | €2k | €3k | ▲ 79.0% |
| Remuneration and social security454/9 | €2k | €2k | - | - | - | - |
| Other amounts payable47/48 | - | €26k | €9k | €10k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €4k | €188 | ▼ 95.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €35k | €15k | €-13k | €-27k | ▼ 105% |
| + Depreciation and write-downs630 | €5k | €8k | €8k | €10k | €12k | ▲ 26.6% |
| Operating cash flow (approximation) | €40k | €43k | €23k | €-3k | €-15k | ▼ 328% |
| Investment in fixed assets (approximation) | - | €-6k | €-7k | €-28k | €-9k | ▲ 68.7% |
| Change in cash | - | €19k | €-15k | €-30k | €-20k | ▲ 34.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 5.21
Current ratio from 2.54 to 5.21; short-term debt falls from €65k to €25k.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €35k ▲151%
Operating result €54k, net result €35k, both a record.
31-12
Financial
Equity above €100kEq €118k ▲42.7%
4 profitable years in a row build equity to €118k.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 8.06
Current ratio from 3.53 to 8.06; short-term debt falls from €20k to €9k.
Show earlier events
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2015
Ground area
3,464 m²
Building footprint
384 m²
Volume, LiDAR
2,076 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DBDW
since 20152.240.394.845
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41019A0645/00B000 | Flanders | 1,769 m² | 1 · 167 m² | 7.2 m · 2 fl. |
| 41019A0645/00D000 | Flanders | 1,695 m² | 1 · 217 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,184 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
Contact
E-mail
aelbrecht.deblock@proximus.be
Scores and ratios are computed by Checked and are not a credit decision.