Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
DW CONSTRUCT from Gavere, company number BE0415718046, closed financial year 2025 with a result of € -27,525 after tax. For that financial year DW CONSTRUCT recorded a gross margin of € -363 and equity of € 76,498. Compared with financial year 2024, the result moved from € -21,278 to € -27,525. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 76,498
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,525
▼ 29 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,862
▲ 199% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,419.
People and assets in 2025
€ 14,991
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 440,720
▲ 21% vs 2024
€ 66,475 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,169
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -14,151 | € 59,383 | € 11,266 | € -363 | ▼ € 11,629 |
| Profit after taxes | € -50,940 | € -49,344 | € -21,278 | € -27,525 | ▼ € 6,247 |
| Equity | € 50,227 | € 125,301 | € 104,023 | € 76,498 | ▼ 26% |
| Total debts | € 1,456,177 | € 483,713 | € 484,550 | € 505,324 | ▲ 4% |
| Cash | € 94 | € 7,536 | € 2,293 | € 6,862 | ▲ 199% |
| Land & buildings | € 428,479 | € 573,780 | € 561,193 | € 548,606 | ▼ 2% |
| Retained profit | € -11,273 | € -60,616 | € -81,895 | € -109,419 | ▼ € 27,525 |
| Bank debt | € 1,283,015 | € 381,322 | € 363,685 | € 440,720 | ▲ 21% |
| Balance sheet total | € 1,506,405 | € 609,014 | € 588,572 | € 581,822 | ▼ 1% |
Key figures of DW CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to DW CONSTRUCT?
What happened at DW CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,525. Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,940 loss in 2022 to € 27,525 loss in 2025.
Paid € 41 in corporate taxes since 2022.
Management
The stake of SEBAWE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DW CONSTRUCTBehind DW CONSTRUCT is SEBAWE BV. The shares are held by SEBAWE (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Sébastien Wellens
Also active at: T.D.S., R-B Projects, GLOBAL REX 2, StayCobane
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gemeentehuisstraat 8
9890 Gavere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.718.046
- VAT number
- BE 0415.718.046
- Registered office
- Gemeentehuisstraat 8, 9890 Gavere
- Names & denominations
- DW CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1975
- Peppol
- Not registered
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van terreinen
Gites, vakantiewoningen en -appartementen
Bemiddeling in verband met exploitatie van en handel in onroerend goed