Ben De Paepe
ActiveSummary
The computed 12-month bankruptcy probability of Ben De Paepe is 2.9% (moderate). The 2025 annual accounts show equity of €14k and a net result of €-10k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-35
Solvency59▼-3
Growth32=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.26 against 0.72 in 2024; short-term debt: 66.1% and cash: 13.5% of total assets), and 66.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
33.9%
Return on assets
-22.9%
Age of the figures
9 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
32 d early
2024
49 d late
2023
5 d late
2022
24 d early
2021
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 40.4%
2024 · €24k
2021: €26k
2022: €5k
2023: €24k
2024: €24k
2021 → 2025
Total assets
€42k▼ 34.7%
2024 · €65k
2021: €120k
2022: €104k
2023: €75k
2024: €65k
2021 → 2025
Net result
€-10k
2024 · €285
2021: €23k
2022: €-20k
2023: €19k
2024: €285
2021 → 2025
Working capital
€-21k▼ 96.0%
2024 · €-11k
2021: €-34k
2022: €-19k
2023: €-8k
2024: €-11k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€5k▼ 79.3%€24k▲ 348%€24k▲ 1.2%€14k▼ 40.4%
Operating result€32k-€-20k€20k€1k▼ 93.0%€-41
Net result€23k-€-20k€19k€285▼ 98.5%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €41 after €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€35k ▼ 7.9%
Current assets
€7k ▼ 72.6%
Equity and liabilities €42k
Equity
€14k ▼ 40.4%
Debt
€28k ▼ 31.4%
Debt's share of the balance-sheet total rises from 62.9% to 66.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▼
2024 · €23k
Cash flow
€6k▼
2024 · €22k
Current ratio
0.26▼
2024 · 0.72
Debt to equity
1.95▲
2024 · 1.70
ROE
-67.7%▼
2024 · 1.2%
ROA
-22.9%▼
2024 · 0.4%
Interest coverage
4.05▼
2024 · 129.08
Debt ≤ 1 year
€28k▼
2024 · €38k
Debt > 1 year
€0▼
2024 · €3k
Income taxes
€6k▲
2024 · €927
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€65k€42k▼
Fixed assets21/28€38k€35k▼
Intangible fixed assets21€7k€6k▼
Tangible fixed assets22/27€31k€29k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€25k€23k▼
Other tangible fixed assets26-€984
Current assets29/58€27k€7k▼
Amounts receivable within one year40/41€8k€2k▼
Trade receivables40€4k€364▼
Other amounts receivable41€4k€1k▼
Cash at bank and in hand54/58€19k€6k▼
Equity and liabilities
Total equity and liabilities10/49€65k€42k▼
Equity10/15€24k€14k▼
Contributions10/11€3k€3k=
Reserves13€23k€23k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€-2k€-11k▼
Amounts payable17/49€41k€28k▼
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€38k€28k▼
Current portion of amounts payable after more than one year42€10k€3k▼
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Taxes, remuneration and social security45-€927
Taxes450/3-€927
Other amounts payable47/48€11k€22k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€16k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€25k€20k▼
Operating profit (loss)9901€1k€-41▼
Financial income75/76B€7€15▲
Recurring financial income75€7€15▲
Financial charges65/66B€177€4k▲
Recurring financial charges65€177€4k▲
Profit (loss) for the period before taxes9903€1k€-4k▼
Income taxes67/77€927€6k▲
Profit (loss) for the period9904€285€-10k▼
Profit (loss) for the period to be appropriated9905€285€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-11k▼
Profit (loss) brought forward from the previous period14P€-2k€-2k▲
The notes to these accounts (11 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Dendermonde · 1 establishment unit since 2021
Ground area
757 m²
Building footprint
151 m²
Volume, LiDAR
683 m³
Parcel 42021A0158/00K000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ben De Paepe
since 20212.323.568.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0158/00K000 | Flanders | 757 m² | 1 · 151 m² | 6.8 m · 2 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.
Similar companies · same sector, comparable size
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Versmissen Loodgieterij
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PY SCHMETZ
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BE 1007.728.446
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,140 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.