Bart Debrabandere
ActiveBart Debrabandere has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-637. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+9
Solvency30=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5%
Return on assets
-0.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-637
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 27676 sector peers (2025).
NBB · sector comparisonPosition among 27676 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
10 d late
2024
29 d late
2023
29 d late
2022
23 d late
2021
25 d late
2020
30 d late
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 6.6%
2024 · €10k
2018: €8k
2019: €-11k
2020: €-20k
2021: €-10k
2022: €14k
2023: €22k
2024: €10k
2018 → 2025
Total assets
€181k▼ 12.3%
2024 · €206k
2018: €252k
2019: €343k
2020: €289k
2021: €300k
2022: €280k
2023: €301k
2024: €206k
2018 → 2025
Net result
€-637▲ 95.0%
2024 · €-13k
2018: €-5k
2019: €-20k
2020: €-9k
2021: €11k
2022: €24k
2023: €8k
2024: €-13k
2018 → 2025
Working capital
€-43k▲ 16.5%
2024 · €-52k
2018: €-149k
2019: €-134k
2020: €-128k
2021: €-94k
2022: €-62k
2023: €-52k
2024: €-52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-10k-€14k€22k▲ 55.5%€10k▼ 57.0%€9k▼ 6.6%
Operating result€18k-€28k▲ 59.7%€15k▼ 47.4%€-6k€3k
Net result€11k-€24k▲ 129%€8k▼ 67.1%€-13k€-637▲ 95.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€138k▼ 16.9%
Current assets
€42k▲ 7.5%
Equity and liabilities €181k
Equity
€9k▼ 6.6%
Debt
€172k▼ 12.6%
The debt ratio falls from 95.3% to 95.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€33k▲
2024 · €26k
Cash flow
€29k▲
2024 · €18k
Solvency
5.0%▲
2024 · 4.7%
Current ratio
0.49▲
2024 · 0.43
Quick ratio
0.40▲
2024 · 0.34
Debt / equity
19.19▼
2024 · 20.48
ROE
-7.1%▲
2024 · -132.8%
ROA
-0.4%▲
2024 · -6.2%
Interest coverage
9.26▲
2024 · 5.73
Debt
€172k▼
2024 · €196k
Debt ≤ 1 year
€85k▼
2024 · €91k
Debt > 1 year
€86k▼
2024 · €105k
Income taxes
€417▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€206k€181k▼
Fixed assets21/28€167k€138k▼
Intangible fixed assets21€13k€0▼
Tangible fixed assets22/27€153k€138k▼
Land and buildings22€114k€109k▼
Plant, machinery and equipment23€666€1k▲
Furniture and vehicles24€39k€28k▼
Financial fixed assets28€135€135=
Current assets29/58€39k€42k▲
Stocks and contracts in progress3€8k€8k=
Stocks30/36€8k€8k=
Amounts receivable within one year40/41€18k€31k▲
Trade receivables40€17k€30k▲
Other amounts receivable41€1k€926▼
Cash at bank and in hand54/58€9k€348▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€206k€181k▼
Equity10/15€10k€9k▼
Contributions10/11€13k€13k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-13k€-13k▼
Amounts payable17/49€196k€172k▼
Amounts payable after more than one year17€105k€86k▼
Financial debts170/4€105k€86k▼
Amounts payable within one year42/48€91k€85k▼
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€34k€34k▼
Suppliers440/4€34k€34k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€37k€30k▼
Accrued charges and deferred income492/3€636€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€29k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€30k€36k▲
Operating profit (loss)9901€-6k€3k▲
Financial income75/76B€282€1▼
Recurring financial income75€282€1▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-10k€-221▲
Income taxes67/77€3k€417▼
Profit (loss) for the period9904€-13k€-637▲
Profit (loss) for the period to be appropriated9905€-13k€-637▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-13k▼
Profit (loss) brought forward from the previous period14P-€-13k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Highest result since 2018net €24k ▲129%
Operating result €28k, net result €24k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Borreberg 78570 AnzegemGround area
871 m²
Building footprint
215 m²
Volume, LiDAR
773 m³
Parcel 34002C0017/00G000, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BART DEBRABANDERE
since 20172.263.118.678
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002C0017/00G000 | Flanders | 871 m² | 1 · 215 m² | 5.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 4,376 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-04-2017
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.