DEWA
ActiveDEWA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €254k and a net result of €78k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+58
Solvency44▲+3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 10.08 against 6.32 in 2024), but 83.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.5%
Return on assets
5.1%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 12627 sector peers (2025).
NBB · sector comparisonPosition among 12627 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
28 d early
2024
29 d early
2023
42 d early
2022
38 d early
2021
13 d early
2020
20 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€254k▲ 44.6%
2024 · €176k
2020: €33k
2021: €67k
2022: €118k
2023: €161k
2024: €176k
2020 → 2025
Total assets
€1.54M▲ 1.2%
2024 · €1.53M
2020: €61k
2021: €100k
2022: €143k
2023: €1.60M
2024: €1.53M
2020 → 2025
Net result
€78k▲ 432%
2024 · €15k
2020: €23k
2021: €34k
2022: €52k
2023: €43k
2024: €15k
2020 → 2025
Working capital
€100k▲ 27.3%
2024 · €78k
2020: €27k
2021: €61k
2022: €102k
2023: €155k
2024: €78k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€118k▲ 77.4%€161k▲ 36.2%€176k▲ 9.2%€254k▲ 44.6%
Operating result€43k-€65k▲ 50.4%€58k▼ 10.5%€19k▼ 68.2%€29k▲ 56.4%
Net result€34k-€52k▲ 52.3%€43k▼ 17.1%€15k▼ 65.5%€78k▲ 432%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 56% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.54M
Fixed assets
€1.43M▲ 0.1%
Current assets
€111k▲ 19.0%
Equity and liabilities €1.54M
Equity
€254k▲ 44.6%
Debt
€1.29M▼ 4.4%
The debt ratio falls from 88.5% to 83.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€31k▲
2024 · €25k
Cash flow
€80k▲
2024 · €21k
Solvency
16.5%▲
2024 · 11.5%
Current ratio
10.08▲
2024 · 6.32
Quick ratio
10.08▲
2024 · 6.32
Debt / equity
5.07▼
2024 · 7.67
ROE
30.9%▲
2024 · 8.4%
ROA
5.1%▲
2024 · 1.0%
Interest coverage
195.51▲
2024 · 84.14
Debt
€1.29M▼
2024 · €1.35M
Debt ≤ 1 year
€11k▼
2024 · €15k
Debt > 1 year
€1.28M▼
2024 · €1.34M
Income taxes
€8k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.53M€1.54M▲
Fixed assets21/28€1.43M€1.43M▲
Tangible fixed assets22/27€8k€8k▲
Furniture and vehicles24€8k€8k▲
Financial fixed assets28€1.43M€1.43M=
Current assets29/58€93k€111k▲
Amounts receivable after more than one year29€68k€69k▲
Other amounts receivable291€68k€69k▲
Cash at bank and in hand54/58€24k€38k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.53M€1.54M▲
Equity10/15€176k€254k▲
Contributions10/11€10k€10k=
Reserves13€166k€244k▲
Distributable reserves133€166k€244k▲
Amounts payable17/49€1.35M€1.29M▼
Amounts payable after more than one year17€1.34M€1.28M▼
Financial debts170/4€1.34M-
Other amounts payable178/9-€1.28M
Amounts payable within one year42/48€15k€11k▼
Trade debts44€57€522▲
Suppliers440/4€57€522▲
Taxes, remuneration and social security45€10k€6k▼
Taxes450/3€10k€6k▼
Other amounts payable47/48€4k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€2k▼
Other operating charges640/8-€1k
Gross operating margin9900€25k€32k▲
Operating profit (loss)9901€19k€29k▲
Financial income75/76B€3k€58k▲
Recurring financial income75€3k€58k▲
Financial charges65/66B€295€157▼
Recurring financial charges65€295€157▼
Profit (loss) for the period before taxes9903€21k€87k▲
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€15k€78k▲
Profit (loss) for the period to be appropriated9905€15k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€78k▲
Transfer to equity691/2€15k€78k▲
To other reserves6921€15k€78k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2020net €78k ▲432%
Net result €78k, the highest in the series.
30-09
Financial
Equity above €200kEq €254k ▲44.6%
6 profitable years in a row build equity to €254k.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €15k ▼65.5%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity doublescurrent ratio 11.85
Current ratio from 5.17 to 11.85; short-term debt falls from €24k to €14k.
30-09
Financial
Equity above €150kEq €161k ▲36.2%
4 profitable years in a row build equity to €161k.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100kEq €118k ▲77.4%
3 profitable years in a row build equity to €118k.
17-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lummen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
O. L. Vrouwstraat 523560 LummenGround area
988 m²
Building footprint
34 m²
Parcel 71542B0144/00H003, Flanders. Linked by address, not a title deed.
1 establishment unit
DEWA
since 20192.292.716.150
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71542B0144/00H003 | Flanders | 988 m² | 1 · 34 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Christophe Robbeets Bedrijfsrevisor
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DBW
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GEORGES EVERAERT & Cie
BE 0435.889.492
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EMIEL DE SMEDT
BE 0464.653.952
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Hans Salaets
BE 0827.694.961
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Of 940 companies in sector 69203 we hold annual accounts for 658. 535 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2019
Fiscal year end30-09
Activities, NACEBEL
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:deckers_ward@hotmail.com