ACTIVE

DWE

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Financial year 2025 · closed on 30/09/2025

Net result

-22,3 k €

-93497.8% YoY

Gross margin

63,7 k €

-23.4% YoY

Equity

169,3 k €

-11.7% YoY

What does DWE do?

DWE is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Turnhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.841.922

Incorporation

21/01/2004

Legal form

Private limited company

Registered office

Emiel Fleerackersstraat 8
2300 Turnhout · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 25210Manufacture of central heating radiators and boilers 25210Manufacture of central heating radiators and boilers 25220Manufacture of tanks, reservoirs and containers of metal+3

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	63,7 k €	-23.4%	83,2 k €	-44.2%	149,1 k €	+23.6%	120,6 k €	+38.4%	87,1 k €	-2.5%	89,3 k €	-24.8%	118,9 k €	+98.7%	59,8 k €	-16.0%	71,2 k €	-12.9%	81,8 k €	-10.1%	91,0 k €	-26.4%	123,6 k €	-18.4%	151,5 k €	+32.3%	114,5 k €	-19.4%	142,1 k €	-0.6%	142,9 k €	+33.7%	106,9 k €	+22.4%	87,3 k €	-11.5%	98,7 k €
EBITDA	-1,6 k €	-107%	22,7 k €	-75.0%	91,0 k €	+72.7%	52,7 k €	+96.4%	26,8 k €	-24.7%	35,6 k €	-45.6%	65,5 k €	+755%	7,7 k €	-37.6%	12,3 k €	-61.5%	31,9 k €	-21.4%	40,6 k €	-47.4%	77,2 k €	-27.5%	106,4 k €	+54.3%	69,0 k €	-30.6%	99,4 k €	+10.6%	89,9 k €	+65.4%	54,4 k €	-22.4%	70,1 k €	-25.8%	94,4 k €
Operating result	-22,8 k €	-942%	2,7 k €	-96.6%	79,5 k €	+105%	38,7 k €	+171%	14,3 k €	-37.9%	23,0 k €	-57.8%	54,6 k €	+1225%	-4,9 k €	-578%	-715,7 €	-104%	19,0 k €	-29.2%	26,9 k €	-57.4%	63,0 k €	-32.4%	93,3 k €	+41.4%	66,0 k €	-23.0%	85,6 k €	+11.6%	76,7 k €	+91.0%	40,2 k €	-29.4%	56,9 k €	-27.9%	78,9 k €
Net result	-22,3 k €	-93498%	23,9 €	-100.0%	57,7 k €	+117%	26,5 k €	+228%	8,1 k €	-42.2%	14,0 k €	-64.8%	39,7 k €	+480%	-10,5 k €	-98.3%	-5,3 k €	-147%	11,2 k €	-17.3%	13,5 k €	-66.7%	40,7 k €	-35.8%	63,4 k €	+21.8%	52,1 k €	-6.2%	55,5 k €	+12.7%	49,2 k €	+39.3%	35,3 k €	+2.5%	34,5 k €	-37.7%	55,3 k €
Balance sheet
Equity	169,3 k €	-11.7%	191,6 k €	+0.0%	191,6 k €	+43.1%	133,9 k €	+24.7%	107,3 k €	+8.1%	99,2 k €	+16.4%	85,2 k €	+87.3%	45,5 k €	-34.0%	69,0 k €	-18.8%	85,0 k €	+15.2%	73,8 k €	+22.5%	60,2 k €	+209%	19,5 k €	-65.0%	55,8 k €	+157%	21,7 k €	-68.3%	68,5 k €	+60.3%	42,7 k €	+68.2%	25,4 k €	-61.1%	65,4 k €
Total assets	216,1 k €	-12.1%	245,7 k €	+1.3%	242,5 k €	+39.4%	173,9 k €	+10.4%	157,6 k €	+6.8%	147,5 k €	+5.6%	139,6 k €	+77.0%	78,9 k €	-24.0%	103,8 k €	-30.3%	148,9 k €	+5.5%	141,1 k €	+6.0%	133,0 k €	-0.2%	133,2 k €	+53.2%	87,0 k €	-18.4%	106,6 k €	-15.4%	126,0 k €	+28.5%	98,0 k €	-27.5%	135,2 k €	+6.1%	127,5 k €
Cash	8,6 k €	-70.0%	28,7 k €	+33.1%	21,5 k €	-46.7%	40,4 k €	+578%	6,0 k €	-55.0%	13,3 k €	+31.8%	10,1 k €	-68.8%	32,3 k €	+185%	11,3 k €	-37.3%	18,1 k €	+16.1%	15,6 k €	-51.4%	32,0 k €	+9299%	341,0 €	-98.2%	18,6 k €	+219%	5,8 k €	+9796%	58,9 €	-99.8%	28,4 k €	+180%	10,1 k €	+288%	2,6 k €
Debts	41,2 k €	-22.9%	53,3 k €	+5.6%	50,5 k €	+27.4%	39,7 k €	-12.1%	45,1 k €	-2.9%	46,5 k €	-14.5%	54,4 k €	+62.9%	33,4 k €	-4.2%	34,8 k €	-45.6%	63,9 k €	-5.0%	67,3 k €	-7.6%	72,8 k €	-36.0%	113,7 k €	+265%	31,2 k €	-63.2%	84,8 k €	+47.8%	57,4 k €	+3.9%	55,3 k €	-49.6%	109,7 k €	+76.8%	62,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-20.0%	1,0 ETP	-23.1%	1,3 ETP	+160%	0,5 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 5 ended

Active mandates

Lucien De Wit

Director · since 15 janvier 2004

Active

Ended mandates

Lucien Maria De Wit

Director · since 15 janvier 2004

Ended

de heer Lucien De Wit

Manager

Ended

Lucien de heer De Wit

Manager

Ended

Lucien De Wit

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/03/2026	28/03/2025	13/03/2024	28/03/2023	26/04/2022	26/05/2021
General meeting	02/03/2026	10/01/2025	12/01/2024	13/01/2023	14/01/2022	08/01/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	02/03/2026	20/03/2026	Dutch	PDF
Micro model	30/09/2024	10/01/2025	28/03/2025	Dutch	PDF
Micro model	30/09/2023	12/01/2024	13/03/2024	Dutch	PDF
Micro model	30/09/2022	13/01/2023	28/03/2023	Dutch	PDF
Micro model	30/09/2021	14/01/2022	26/04/2022	Dutch	PDF
Micro model	30/09/2020	08/01/2021	26/05/2021	Dutch	PDF
Micro model	30/09/2019	10/01/2020	12/03/2020	Dutch	PDF
Micro model	30/09/2018	11/01/2019	28/02/2019	Dutch	PDF
Micro model	30/09/2017	12/01/2018	21/03/2018	Dutch	PDF
Abridged model	30/09/2016	13/01/2017	13/03/2017	Dutch	PDF
Abridged model	30/09/2015	08/01/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	08/01/2015	25/03/2015	Dutch	PDF
Abridged model	30/09/2013	10/01/2014	17/01/2014	Dutch	PDF
Abridged model	30/09/2012	25/01/2013	03/04/2013	Dutch	PDF
Abridged model	30/09/2011	25/11/2011	23/12/2011	Dutch	PDF
Abridged model	30/09/2010	10/12/2010	21/02/2011	Dutch	PDF
Abridged model	30/09/2009	08/01/2010	16/02/2010	Dutch	PDF
Abridged model	30/09/2008	09/01/2009	09/03/2009	Dutch	PDF
Abridged model	30/09/2007	11/01/2008	26/02/2008	Dutch	PDF
Abridged model	30/09/2006	12/01/2007	26/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 5 ended

Active mandates

Lucien De Wit

Director · since 15 janvier 2004

Active

Ended mandates

Lucien Maria De Wit

Director · since 15 janvier 2004

Ended

de heer Lucien De Wit

Manager

Ended

Lucien de heer De Wit

Manager

Ended

Lucien De Wit

Director

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-22,3 k €↓
2024
Annual accounts 202423,9 €↓
2023
Annual accounts 202357,7 k €↑
2022
Annual accounts 202226,5 k €↑
2021
Annual accounts 20218,1 k €↓
2020
Annual accounts 202014,0 k €↓
2019
Annual accounts 201939,7 k €↑
2018
Annual accounts 2018-10,5 k €↓
2017
Annual accounts 2017-5,3 k €↓
2016
Annual accounts 201611,2 k €↓
2015
Annual accounts 201513,5 k €↓
2014
Annual accounts 201440,7 k €↓
2013
Annual accounts 201363,4 k €↑
2012
Annual accounts 201252,1 k €↓
2011
Annual accounts 201155,5 k €↑
2010
Annual accounts 201049,2 k €↑
2009
Annual accounts 200935,3 k €↑
2008
Annual accounts 200834,5 k €↓
2007
Annual accounts 200755,3 k €
21/01/2004
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DWE

Overview

What does DWE do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline