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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DEWAGTERE ENGINEERING from Hooglede, company number BE0447693008, closed financial year 2026 with a result of € 112,758 after tax. For that financial year DEWAGTERE ENGINEERING recorded a gross margin of € 1.4 million and equity of € 1.9 million. Compared with financial year 2025, the result moved from € 225,072 to € 112,758. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 19, 2026.
€ 1.9 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 112,758
▼ 50% vs 2025
Profit after tax over the fiscal year.
€ 144,738
▲ 107% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 125,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
16
▲ 0.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 986,871
▼ 30% vs 2025
€ 61,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 112,412
▲ 41% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1.5 million
▲ 101% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 118,013
▼ 20% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,363,971 | € 1,478,979 | € 1,989,502 | € 1,401,101 | ▼ 30% |
| Profit after taxes | € 181,692 | € 186,242 | € 225,072 | € 112,758 | ▼ 50% |
| Equity | € 1,383,758 | € 1,625,177 | € 1,847,195 | € 1,857,020 | ▲ 1% |
| Total debts | € 1,615,103 | € 2,259,654 | € 1,218,980 | € 1,852,933 | ▲ 52% |
| Cash | € 707,025 | € 1,850,396 | € 69,775 | € 144,738 | ▲ 107% |
| Land & buildings | € 832,420 | € 794,605 | € 1,098,571 | € 1,265,074 | ▲ 15% |
| Retained profit | € 1,321,758 | € 1,508,000 | € 1,733,072 | € 1,720,829 | ▼ 1% |
| Dividend | € 0 | € 0 | € 0 | € 125,000 | |
| Bank debt | € 95,333 | € 7,334 | € 0 | € 0 | |
| Balance sheet total | € 3,003,525 | € 3,901,757 | € 3,080,903 | € 3,729,238 | ▲ 21% |
| Employees (FTE) | 17.3 | 16.3 | 15.5 | 16 | ▲ 0.5 |
Key figures of DEWAGTERE ENGINEERING, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to DEWAGTERE ENGINEERING?
What happened at DEWAGTERE ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 112,758 (▼ 50% vs 2025). Source: NBB ↗
- New establishment in Roeselare. KBO
- New establishment in Hooglede. KBO
- Start of the company according to the CBE. KBO
In short
From € 181,692 profit in 2023 to € 112,758 profit in 2026.
Paid € 250,958 in corporate taxes since 2023.
Best year ever: 2025, with € 225,072 profit.
On average € 87,600 of value added per employee in 2026.
Management
Behind DEWAGTERE ENGINEERING are Bart DEWAGTERE, JAN DEWAGTERE and Rik DEWAGTERE. JAN DEWAGTERE is also behind JRB INDUSTRIES.
Directors
According to the 2026 annual accounts
Bart DEWAGTERE
Director
Rik DEWAGTERE
Director
Establishments
Establishment units
Physical locations of this company
Kandelaarstraat 1
8830 Hooglede
Industrieweg 19
8800 Roeselare
Active since 1 September 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Domain
Domain
dewagtere.be
Registered
2000-12-13
Website info
Features
Security
Network
Details
- Company number
- 0447.693.008
- VAT number
- BE 0447.693.008
- Registered office
- Kandelaarstraat 1, 8830 Hooglede
- Names & denominations
- DEWAGTERE ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1992
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- dewagtere.be
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van overige machines voor de landbouw en de bosbouw
Verspanend bewerken van metalen
Algemene metaalbewerking
Goederenvervoer over de weg
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Verhuur en lease van vrachtwagens
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