Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DWS ART from Ninove, company number BE0885417483, closed financial year 2025 with a result of € -29,972 after tax. For that financial year DWS ART recorded a gross margin of € 42,407 and equity of € 64,947. Compared with financial year 2024, the result moved from € -45,807 to € -29,972. 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 June 23, 2026.
€ 64,947
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,972
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 189,207
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 46,347.
People and assets in 2025
€ 21,851
▼ 43% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,394
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 710,420
▼ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 1,898
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,157
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 62,877 | € 83,056 | € 40,980 | € 42,407 | ▲ 3% |
| Profit after taxes | € 236 | € -30,167 | € -45,807 | € -29,972 | ▲ € 15,835 |
| Equity | € 170,893 | € 140,726 | € 94,919 | € 64,947 | ▼ 32% |
| Total debts | € 619,010 | € 1,019,178 | € 991,585 | € 727,041 | ▼ 27% |
| Cash | € 197,384 | € 197,393 | € 188,475 | € 189,207 | |
| Land & buildings | € 432,393 | € 802,134 | € 781,491 | € 507,874 | ▼ 35% |
| Retained profit | € 152,293 | € 122,126 | € 76,319 | € 46,347 | ▼ 39% |
| Bank debt | € 609,907 | € 1,001,257 | € 979,822 | € 710,420 | ▼ 27% |
| Balance sheet total | € 789,903 | € 1,159,904 | € 1,086,504 | € 791,988 | ▼ 27% |
Key figures of DWS ART, 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 DWS ART?
What happened at DWS ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,972. Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
- Steven Mignon became a director. NBB
In short
From € 236 profit in 2022 to € 29,972 loss in 2025.
Paid € 22,645 in corporate taxes since 2022.
Best year ever: 2022, with € 236 profit.
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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
Directors
According to the 2025 annual accounts
Steven Mignon
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Echel 59
9401 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0885.417.483
- VAT number
- BE 0885.417.483
- Registered office
- Echel 59, 9401 Ninove
- Names & denominations
- DWS ART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2006
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed