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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEWO EUROPE from Ninove, company number BE0461834222, closed financial year 2025 with a result of € 7,194 after tax. For that financial year DEWO EUROPE recorded a gross margin of € 844,685 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 110,719 to € 7,194. 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 June 30, 2026.
€ 1.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,194
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 56,611
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.7 million.
People and assets in 2025
10.5
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 562,832
▲ 3% vs 2024
€ 53,600 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.
€ 130,699
▲ 233% vs 2024
Of which on lease € 120,616.
Debts at end 2025
€ 1.4 million
▲ 4% vs 2024
€ 120,585 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 375,004
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 119,729
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,052,322 | € 1,006,120 | € 891,897 | € 844,685 | ▼ 5% |
| Profit after taxes | € 155,879 | € 150,296 | € 110,719 | € 7,194 | ▼ 94% |
| Equity | € 1,740,346 | € 1,750,643 | € 1,751,362 | € 1,758,556 | |
| Total debts | € 2,783,852 | € 2,413,330 | € 2,176,461 | € 2,601,074 | ▲ 20% |
| Cash | € 23,649 | € 119,952 | € 48,097 | € 56,611 | ▲ 18% |
| Retained profit | € 1,678,346 | € 1,688,643 | € 1,689,362 | € 1,696,556 | |
| Dividend | € 150,000 | € 140,000 | € 110,000 | € 0 | ▼ 100% |
| Bank debt | € 1,633,848 | € 1,563,303 | € 1,327,709 | € 1,380,047 | ▲ 4% |
| Balance sheet total | € 4,524,198 | € 4,163,973 | € 3,927,823 | € 4,359,630 | ▲ 11% |
| Employees (FTE) | 10.4 | 9.8 | 9 | 10.5 | ▲ 1.5 |
Key figures of DEWO EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DEWO EUROPE?
What happened at DEWO EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rik Sienaert stepped down as director. NBB
- Jogi Invest BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 7,194 (▼ 94% vs 2024). Source: NBB ↗
- Rik Sienaert became a director. NBB
- Jogi Invest BV became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,879 profit in 2022 to € 7,194 profit in 2025.
Paid € 164,559 in corporate taxes since 2022.
Best year ever: 2022, with € 155,879 profit.
On average € 80,400 of value added per employee in 2025.
Management
The stake of Jogi Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEWO EUROPEThe shares are held by Jogi Invest (100%).
Directors
According to the 2025 annual accounts
Rik Sienaert
Director
since 2023 · until 2029
Director · represented by Jogi Sienaert
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Doorn Noordstraat 8
9400 Ninove
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
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
DNS
OVH DNS
Domain
Domain
dewo-europe.com
Registered
2000-12-22
Registrar
OVH sas
Expires
2026-12-22
Website info
Features
Security
Details
- Company number
- 0461.834.222
- VAT number
- BE 0461.834.222
- Registered office
- Doorn Noordstraat 8, 9400 Ninove
- Names & denominations
- DEWO EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 1997
- Peppol
- Active · Active since 20 Mar 2026
- Contact
- dewo-europe.com ++32 54567981
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