Dewaele A.
ActiveSummary
Dewaele A. has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €151k and a net result of €-6k. Equity is growing by ~46.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▼-58
Solvency48▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.26 in 2023; short-term debt: 70.9% and cash: 22.4% of total assets), and 76.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
23.4%
Return on assets
-1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
12 d early
2022
21 d early
2021
12 d early
2020
37 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€151k▼ 4.0%
2023 · €157k
2018: €24k
2019: €21k
2020: €23k
2021: €45k
2022: €56k
2023: €157k
2018 → 2024
Total assets
€645k▲ 26.8%
2023 · €508k
2018: €165k
2019: €158k
2020: €161k
2021: €193k
2022: €236k
2023: €508k
2018 → 2024
Net result
€-6k
2023 · €101k
2018: €5k
2019: €-3k
2020: €2k
2021: €22k
2022: €11k
2023: €101k
2018 → 2024
Working capital
€71k▼ 13.6%
2023 · €82k
2018: €19k
2019: €32k
2020: €-4k
2021: €-21k
2022: €-21k
2023: €82k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€45k▲ 94.0%€56k▲ 24.9%€157k▲ 179%€151k▼ 4.0%
Operating result€10k-€35k▲ 269%€36k▲ 0.9%€170k▲ 376%€25k▼ 85.3%
Net result€2k-€22k▲ 850%€11k▼ 48.6%€101k▲ 796%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 85% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €645k
Fixed assets
€116k ▲ 1.6%
Current assets
€528k ▲ 34.1%
Equity and liabilities €645k
Equity
€151k ▼ 4.0%
Debt
€494k ▲ 40.6%
Debt's share of the balance-sheet total rises from 69.0% to 76.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€47k▼
2023 · €187k
Cash flow
€16k▼
2023 · €118k
Current ratio
1.16▼
2023 · 1.26
Quick ratio
0.69▼
2023 · 1.02
Debt to equity
3.27▲
2023 · 2.23
ROE
-4.1%▼
2023 · 64.1%
ROA
-1.0%▼
2023 · 19.8%
Interest coverage
2.23▼
2023 · 19.64
Debt ≤ 1 year
€457k▲
2023 · €312k
Debt > 1 year
€36k▼
2023 · €38k
Income taxes
€10k▼
2023 · €60k
Staff costs
€239k▲
2023 · €175k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€508k€645k▲
Fixed assets21/28€115k€116k▲
Tangible fixed assets22/27€115k€116k▲
Land and buildings22€34k€36k▲
Plant, machinery and equipment23€42k€38k▼
Furniture and vehicles24€39k€43k▲
Current assets29/58€394k€528k▲
Stocks and contracts in progress3€75k€212k▲
Stocks30/36€75k€113k▲
Contracts in progress37-€99k
Amounts receivable within one year40/41€253k€171k▼
Trade receivables40€181k€64k▼
Other amounts receivable41€72k€108k▲
Cash at bank and in hand54/58€62k€144k▲
Deferred charges and accrued income490/1€3k€440▼
Equity and liabilities
Total equity and liabilities10/49€508k€645k▲
Equity10/15€157k€151k▼
Contributions10/11€12k€12k=
Reserves13€129k€129k=
Distributable reserves133€129k€129k=
Profit (loss) carried forward14€16k€10k▼
Amounts payable17/49€351k€494k▲
Amounts payable after more than one year17€38k€36k▼
Financial debts170/4€38k€36k▼
Amounts payable within one year42/48€312k€457k▲
Current portion of amounts payable after more than one year42€68k€191k▲
Financial debts43€674-
Credit institutions430/8€674-
Trade debts44€198k€256k▲
Suppliers440/4€198k€256k▲
Taxes, remuneration and social security45€45k€9k▼
Taxes450/3€39k€202▼
Remuneration and social security454/9€6k€9k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Non-recurring operating income76A€35k-
Remuneration, social security and pensions62€175k€239k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€22k▲
Other operating charges640/8€15k-
Non-recurring operating charges66A-€15k
Gross operating margin9900€377k€301k▼
Operating profit (loss)9901€170k€25k▼
Financial income75/76B-€50
Recurring financial income75-€50
Financial charges65/66B€10k€21k▲
Recurring financial charges65€10k€21k▲
Profit (loss) for the period before taxes9903€160k€4k▼
Income taxes67/77€60k€10k▼
Profit (loss) for the period9904€101k€-6k▼
Profit (loss) for the period to be appropriated9905€101k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€117k€10k▼
Profit (loss) brought forward from the previous period14P€16k€16k=
Transfer to equity691/2€101k-
To other reserves6921€101k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-6k ▼106%
Net result drops to €-6k, the lowest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €101k ▲796%
Operating result €170k, net result €101k, both a record.
31-12
Financial
Equity above €150kEq €157k ▲179%
4 profitable years in a row build equity to €157k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, De Haan · 1 establishment unit since 2015
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.
Vissersstraat 18420 De HaanGround area
420 m²
Building footprint
125 m²
Volume, LiDAR
667 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dewaele A.
since 20152.247.277.489
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007D0282/00V002 | Flanders | 387 m² | 1 · 125 m² | 8.9 m · 2 fl. |
| 35021B0671/00V000 | Flanders | 33 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,596 EUR awarded · 1,596 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 625 EUR | 625 EUR |
| 2023 | 1 | 663 EUR | 663 EUR |
| 2022 | 1 | 308 EUR | 308 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesDewaele A. BV45814
Similar companies · same sector, comparable size
PREVENTIC
BE 0735.447.862
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Sanipo
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Waregem · Eq €151,271
JK Technieken
BE 0556.763.964
Tongeren-Borgloon · Eq €151,505
ADAM STAF
BE 0841.516.966
Harelbeke · Eq €151,594
REYNDERS SANNIMO
BE 0477.220.105
Brecht · Eq €150,594
Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,992 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.