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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BCDW HOLDING from Aalst, company number BE0748992230, closed financial year 2025 with a result of € -2,592 after tax. For that financial year BCDW HOLDING recorded a gross margin of € 12,116 and equity of € -28,344. Compared with financial year 2024, the result moved from € -30,195 to € -2,592. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ -28,344
▼ € 2,592 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,592
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,752
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,344.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 98,250
▼ 26% vs 2024
€ 34,144 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 16,465
▲ 168% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 22,000 | € 24,000 | - | |
| Gross margin | € -7,929 | € 7,382 | € 14,573 | € 12,116 | ▼ 17% |
| Profit after taxes | € -12,288 | € -2,588 | € -30,195 | € -2,592 | ▲ € 27,603 |
| Equity | € 7,030 | € 4,442 | € -25,753 | € -28,344 | ▼ € 2,592 |
| Total debts | € 254,310 | € 296,800 | € 312,293 | € 295,791 | ▼ 5% |
| Cash | € 2,161 | € 13,588 | - | € 2,752 | |
| Retained profit | € -12,970 | € -15,558 | € -45,753 | € -48,344 | ▼ € 2,592 |
| Bank debt | € 197,310 | € 164,843 | € 132,809 | € 98,250 | ▼ 26% |
| Balance sheet total | € 261,340 | € 301,242 | € 286,540 | € 267,447 | ▼ 7% |
By gross margin, BCDW HOLDING ranks 41st of 53 companies with main activity “Vermogensbeheer” in East Flanders that publish figures (fiscal year 2025).
Key figures of BCDW HOLDING, 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.
Ask about BCDW HOLDING the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to BCDW HOLDING?
What happened at BCDW HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,592. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Aalst. KBO
- Bartel Dewulf became a director. NBB
- Charlien Dewulf became a director. NBB
In short
From € 12,288 loss in 2022 to € 2,592 loss in 2025.
Management
Behind BCDW HOLDING are Bartel Dewulf and Charlien Dewulf. It owns 50% of BDW Group itself.
Directors
According to the 2025 annual accounts
Bartel Dewulf
Director
since 2020
Charlien Dewulf
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Kluizestraat 15B
9320 Aalst
Kluizestraat 15 box B
9320 Aalst
Active since 25 June 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
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€ 372,487 gross margin · 2025 · Kruibeke
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DEWULF Bartel Renaat Alice(oprichter) 80%
- DEWULF Charlien(oprichter) 20%
Details
- Company number
- 0748.992.230
- VAT number
- BE 0748.992.230
- Registered office
- Kluizestraat 15B, 9320 Aalst
- Names & denominations
- BCDW HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2020
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vermogensbeheer
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering