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DEBRIMMO

Active Public limited companyfounded 1989active for 37 yearsBurg. Maenhautstraat 64, 9820 Merelbeke-MelleKBO/BCE: BE 0436.757.247 subsidiary of De Brauwer Vastgoed#2 company by total assets in Merelbeke-Melle, Real estate sector

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €5.7m (2025)
€5.7m▲ 21.7%
peak €3.8m (2019)
€2.6m▲ 10.0%
peak €17.3m (2025)
€17.3m▲ 3.1%
€15.3m▲ 29.9%
peak 3.6 FTE (2023)
3.6 FTEunchanged
Board5 names since 2021
Owners
Documentsfilings and deeds
28-04-202694 days before the deadline
2025abbreviated format
Gross margin from €4.7m to €5.7mDividend €2.1mDebts from €11.8m to €15.3mInvestments €4.7mCash from €1.2m to €2.8m

Key points

from the 2025 annual accounts

Equity

€17.3m ▲ 3.1%
16.72024+2.6Profit-2.1Dividend17.32025

DEBRIMMO paid out €2.1m in dividends. That is 80% of the 2025 profit.

Turnover

≈ €5.7m estimated

The abbreviated format states no turnover.

Investments

€4.8m 2.6 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 18.5% higher than in 2024.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 92 to 97 days before the end of the period.

Position in the sector

€2.6m

Higher net result than 95% of companies in real estate. Sector median €9,997 · 11,290 companies.

Checked score

96
Excellent
Financially stronger than 66% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

76-6equity 51.5% of total assets
59+4short-term debt 11.8% · cash 8.2%
78-1return on assets 7.7%

Score breakdown

lowers risk
Size: 3.6 FTE, total assets €33.5m
Founded in 1989
Equity €17.3m (51.5% of total assets)
Figures for financial year 2025 (filed on 28-04-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 65% of them on solvency, 71% on liquidity, 75% on profitability and 55% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as DEBRIMMO has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DEBRIMMO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for DEBRIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,650,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.73 (0.67 in 2024), below 1. Short-term debt is 11.8% and cash 8.2% of total assets. 48.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: 3.6 FTE, total assets €33.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €17.3m (51.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
94 days early
2024
93 days early
2023
92 days early
2022
97 days early
2021
97 days early
2020
94 days early
2019
92 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 94 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Shares in 1 company, CEFRAB

Board & ownership

Recent changes

Environmental permit granted Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 3 more · Maldegem
Registered in the Peppol Directory Reachable for e-invoices through 0208:0436757247
Environmental permit granted Nieuwbouw of aanleggen · Maldegem
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Gent
All 48 events

Comparable companies

same main activity, similar in size and age
Company
DEBRIMMO Merelbeke-Melle €33.5m €5.7m 51.5% 3.6
VASTGOED NOORD Ghent €46.5m €5.5m 70.6% 4.2
HERTSENS INVEST Beveren-Kruibeke-Zwijndrecht €53.3m €3.9m 37.7% 3
ELSELEEN Aalter €32.3m €3.1m 20.9% 4.8
NEVIMO Ghent €23.9m €2.8m 54.1% 4.7
R-INVEST Pelt €27.7m €2.7m 22.7% 4.1
GROUP GLOBISS Leuven €52.0m €3.7m 57.5% 4

These companies have the same main activity as DEBRIMMO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €24m and €53m, founded between 1988 and 2000.

Official details

Source: KBO
Status
Active since 01-03-1989Normal situation
Registered office
23 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
Establishment unit
2.042.563.8409820 Merelbeke-Melle, since 16-03-1989
Financial year end
31 December
Peppol
Reachable since 24-07-2025
Company details

Annual accounts 2025

€33.5m▲ 14.8%
Employeeson 31-12-2025
4=
Filing
Filed on 28-04-2026, 94 days before the end of the filing period
Financials

Insights on DEBRIMMO

DEBRIMMO files the abbreviated format. That format states no turnover. The gross margin rose from €1.9m in 2006 to €5.7m in 2025.

De Brauwer Vastgoed holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DEBRIMMO

What is the company number of DEBRIMMO?
The company number of DEBRIMMO is 0436.757.247. The VAT number is the same number with BE in front: BE 0436.757.247.
Where is DEBRIMMO based?
The registered office is at Burg. Maenhautstraat 64, 9820 Merelbeke-Melle.Company details
What does DEBRIMMO do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of DEBRIMMO?
DEBRIMMO is a public limited company (NV).
When was DEBRIMMO founded?
DEBRIMMO was founded on 01-03-1989.
Is DEBRIMMO still active?
Yes, DEBRIMMO is an active enterprise in the KBO register.
How many employees does DEBRIMMO have?
DEBRIMMO had an average of 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DEBRIMMO?
The turnover in financial year 2025 is ≈ €5.7m. This figure is estimated from the gross margin of €5.7m and 31 comparable companies (NACE 68201). It probably lies between €5.4m and €6.4m.
Is DEBRIMMO profitable?
In financial year 2025, DEBRIMMO made a profit of €2.6m.
Where can I find the annual accounts of DEBRIMMO?
DEBRIMMO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEBRIMMO due?
DEBRIMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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