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DEWADAL

Active
Private limited companyfounded 1963active for 63 yearsKasteelstraat 25, 8810 Lichtervelde, BelgiumKBO/BCE: BE 0405.195.823
Summary

DEWADAL has been active since 1963 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.6m and a net result of €490,315. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 34% of 331 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-07-1963 Normal situation
Activity
Manufacture of other non-metallic mineral products NACE 23610and 1 other
Establishment unit
2.005.926.148 8810 Lichtervelde, since 01-08-1963
Financial year end
31 December
Peppol
Reachable since 25-11-2025

Board and ownership

Board
  • COMPERNOL WENDYDirector · since 25-02-2021
  • VANHEE JONAS ROBERTDirector · since 25-02-2021

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€666,464
▲ 184%
Turnover
≈ €1.6m
estimated
Profit
€490,315
Equity
€5.6m
▲ 9.5%
Total assets
€19.5m
▲ 15.7%
  • 2025 accounts filed 24 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.82, cash €261,776lowers riskSize: total assets €19.5mFigures for financial year 2025 (filed on 28-08-2026)Founded in 1963Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of medium-sized companies in non-metallic mineral products (NACE 23)
Financial strength · tick: 2024
Average
Solvency 54-1
equity 28.8% of total assets
Liquidity 52-1
short-term debt 6.6% · cash 1.3%
Profitability 50+10
return on assets 2.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (52 companies, NACE 23, medium-sized)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.82 (0.78 in 2024), above the usual 1.5. Short-term debt is 6.6% and cash 1.3% of total assets. However, 71.2% 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 23, medium-sized). It does better than 23% of them on solvency, 83% on liquidity, 40% on profitability and 74% on growth.

The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €19.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.82, cash €261,776
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-08-2026)
NBB · annual accounts
lowers risk · Founded in 1963
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 · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
24 days late
2024
22 days late
2023
19 days late
2022
11 days early
2021
13 days early
2020
9 days early
2019
29 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 23), the median for financial year 2024 was 10 days before the deadline, and 34% 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 20 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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: Back in profit in 2025after a loss of €141,195 in 2024 €490,315 View
  • Positive: Oldest company in Lichtervelde, Manufacturing sectorin the Checked rankings No. 1 View

Recent changes

  1. · Gazette deed Demerger: DEWADAL splits off to KODDAERT METALENResignation: G.DEGRANDE & C° - bedrijfsrevisoren (statutory auditor)
  2. · Gazette deed Demerger proposal: KODDAERT METALEN splits off to BV DEWADAL
  3. · Gazette deed Algemene Vergadering
All 23 events

Comparable companies

These companies have the same main activity as DEWADAL: manufacture of other non-metallic mineral products (NACE 23610). They are comparable in size and age: total assets between €6.9m and €21m, founded between 1941 and 1983.

CompanyTotal assetsGross margin
DEWADAL Lichtervelde€19.5m€0.7m
BETON DE CLERCQ Brugge€21.2m€0.7m
BLEIJKO ROESELARE Roeselare€12.1m€1.7m
ITB-TRADETECH Rixensart€8.1m€0.4m
MEYSMANS EN CIE Lubbeek€6.9m€0.6m
BETONS PREPARES ET MANUFACTURES DU NAMUROIS Floreffe€10.7m€1.6m
LES MATERIAUX ENROBES DU TOURNAISIS Tournai€7.5m€1.7m
Full comparison

Key facts about DEWADAL

What is the company number of DEWADAL?
The company number of DEWADAL is 0405.195.823. The VAT number is the same number with BE in front: BE 0405.195.823.
Where is DEWADAL based?
The registered office is at Kasteelstraat 25, 8810 Lichtervelde.Company details
What does DEWADAL do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23610).
What is the legal form of DEWADAL?
The legal form of DEWADAL is Private limited company (BV).
When was DEWADAL founded?
DEWADAL was founded on 13-07-1963.
Is DEWADAL still active?
Yes, DEWADAL is an active enterprise in the KBO register.
What is the turnover of DEWADAL?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €666,464 and 2,281 comparable companies of the same size. It probably lies between €950,000 and €2.7m. It is a rough estimate.Financials
Is DEWADAL profitable?
In financial year 2025, DEWADAL made a profit of €490,315.
Where can I find the annual accounts of DEWADAL?
DEWADAL filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEWADAL due?
DEWADAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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