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 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEWA-Rent & Retail from Eeklo, company number BE0782875518, closed financial year 2025 with a result of € 175,301 after tax. For that financial year DEWA-Rent & Retail recorded a gross margin of € 805,469 and equity of € 302,449. Compared with financial year 2024, the result moved from € 32,112 to € 175,301. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 302,449
▲ 138% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 175,301
▲ € 143,189 vs 2024
Profit after tax over the fiscal year.
€ 44,445
▲ 236% 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 € 297,449.
People and assets in 2025
1.9
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 122,633
▲ 44% vs 2024
€ 64,500 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.
€ 764,903
▼ 28% vs 2024
Of which on lease € 653,417.
Debts at end 2025
€ 715,621
▼ 36% vs 2024
€ 319,372 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 159,721
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,051
▲ 216% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 136,036 | € 479,557 | € 717,262 | € 805,469 | ▲ 12% |
| Profit after taxes | € 7,882 | € 82,156 | € 32,112 | € 175,301 | ▲ € 143,189 |
| Equity | € 12,882 | € 95,037 | € 127,149 | € 302,449 | ▲ 138% |
| Total debts | € 793,468 | € 1,784,932 | € 1,471,645 | € 1,076,860 | ▼ 27% |
| Cash | € 2,401 | € 1,091 | € 13,221 | € 44,445 | ▲ 236% |
| Land & buildings | € 255,437 | € 265,745 | € 253,311 | € 240,876 | ▼ 5% |
| Retained profit | € 7,882 | € 90,037 | € 122,149 | € 297,449 | ▲ 144% |
| Bank debt | € 687,863 | € 1,574,854 | € 1,118,154 | € 715,621 | ▼ 36% |
| Balance sheet total | € 806,350 | € 1,879,969 | € 1,598,794 | € 1,379,309 | ▼ 14% |
| Employees (FTE) | 0.4 | 1 | 1.5 | 1.9 | ▲ 0.4 |
Key figures of DEWA-Rent & Retail, 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 DEWA-Rent & Retail?
What happened at DEWA-Rent & Retail in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 175,301 (▲ € 143,189 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Ardooie. KBO
- New establishment in Eeklo. KBO
- New establishment in Aalter. KBO
- New establishment in Brugge. KBO
- Miguel De Waele became a director. NBB
- Elien Geirnaert became a director. NBB
In short
From € 7,882 profit in 2022 to € 175,301 profit in 2025.
Paid € 101,953 in corporate taxes since 2022.
Best year ever: 2025, with € 175,301 profit.
On average € 423,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DEWA-Rent & Retail are Miguel De Waele and Elien Geirnaert.
Directors
According to the 2025 annual accounts
Miguel De Waele
Director
since 2022
Elien Geirnaert
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Ambachtenstraat 2
9900 Eeklo
Ambachtenlaan 10
9880 Aalter
Active since 4 March 2022
Koningin Astridlaan 63
8200 Brugge
Active since 4 March 2022
Oostlaan 1 box B
8850 Ardooie
Active since 25 May 2023
Industrieweg 16 box BU04
9032 Gent
Active since 8 January 2024
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
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0782.875.518
- VAT number
- BE 0782.875.518
- Registered office
- Ambachtenstraat 2, 9900 Eeklo
- Names & denominations
- DEWA-Rent & Retail
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2022
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- dewa-rent.be [email protected]
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