By Domex
ActiveThe file of By Domex contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show equity of €16k and a net result of €11k. Equity is growing by ~117.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 7500 sector peers (fiscal year 2025).
Checked score
Score 2025
44
/ 100
Weak
A high bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▼-4
Solvency59▲+13
Growth78=
Track record54
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.51 against 1.27 in 2023; short-term debt: 66% and cash: 29.5% of total assets), but 66% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34%
Return on assets
23.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
7 d early
2023
26 d late
2022
32 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€16k▲ 224%
2023 · €5k
2022: €-1klowest value
2023: €5k▲ +445% vs 2022
2025: €16khighest value
2022 → 2025
Total assets
€48k▲ 103%
2023 · €24k
2022: €2klowest value
2023: €24k▲ +1405% vs 2022
2025: €48khighest value
2022 → 2025
Net result
€11k▲ 73.3%
2023 · €7k
2022: €-4klowest value
2023: €7k▲ +246% vs 2022
2025: €11khighest value
2022 → 2025
Working capital
€16k▲ 224%
2023 · €5k
2022: €-1klowest value
2023: €5k▲ +445% vs 2022
2025: €16khighest value
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232025Trend
Equity€-1k-€5k€16k▲ 224%
2022: €-1klowest value
2023: €5k▲ +445% vs 2022
2025: €16khighest value
Operating result€-4k-€7k€11k▲ 73.2%
2022: €-4klowest value
2023: €7k▲ +247% vs 2022
2025: €11khighest value
Net result€-4k-€7k€11k▲ 73.3%
2022: €-4klowest value
2023: €7k▲ +246% vs 2022
2025: €11khighest value
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €11k in 2025, compared with €7k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Equity and liabilities €48k
Equity
€16k ▲ 224%
Debt
€32k ▲ 70.5%
Debt's share of the balance-sheet total falls from 78.7% to 66.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.51▲
2023 · 1.27
Quick ratio
1.09▲
2023 · 0.68
Debt to equity
1.94▼
2023 · 3.69
ROE
69.1%▼
2023 · 129.0%
ROA
23.5%▼
2023 · 27.5%
Debt ≤ 1 year
€32k▲
2023 · €19k
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 2023 · 30 lines
Balance sheet
Code20232025
Assets
Total assets20/58€24k€48k▲
Current assets29/58€24k€48k▲
Stocks and contracts in progress3€11k€14k▲
Stocks30/36€11k€14k▲
Amounts receivable within one year40/41€3k€20k▲
Trade receivables40-€20k
Other amounts receivable41€3k-
Cash at bank and in hand54/58€10k€14k▲
Equity and liabilities
Total equity and liabilities10/49€24k€48k▲
Equity10/15€5k€16k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€2k€13k▲
Amounts payable17/49€19k€32k▲
Amounts payable within one year42/48€19k€32k▲
Trade debts44€13k€18k▲
Suppliers440/4€13k€18k▲
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Other amounts payable47/48€6k€6k=
Income statement
Code20232025
Remuneration, social security and pensions62-€2k
Other operating charges640/8€768€501▼
Gross operating margin9900€7k€14k▲
Operating profit (loss)9901€7k€11k▲
Financial charges65/66B€18€25▲
Recurring financial charges65€18€25▲
Profit (loss) for the period before taxes9903€7k€11k▲
Profit (loss) for the period9904€7k€11k▲
Profit (loss) for the period to be appropriated9905€7k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€13k▲
Profit (loss) brought forward from the previous period14P€-4k€2k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €2k | - |
| Other operating charges640/8 | €498 | €768 | €501 | - |
| Gross operating margin9900 | €-4k | €7k | €14k | - |
| Operating profit (loss)9901 | €-4k | €7k | €11k | - |
| Financial charges65/66B | €22 | €18 | €25 | - |
| Recurring financial charges65 | €22 | €18 | €25 | - |
| Profit (loss) for the period before taxes9903 | €-4k | €7k | €11k | - |
| Profit (loss) for the period9904 | €-4k | €7k | €11k | - |
| Profit (loss) for the period to be appropriated9905 | €-4k | €7k | €11k | - |
| Line | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2k | €24k | €48k | - |
| Current assets29/58 | €2k | €24k | €48k | - |
| Stocks and contracts in progress3 | - | €11k | €14k | - |
| Stocks30/36 | - | €11k | €14k | - |
| Amounts receivable within one year40/41 | €2k | €3k | €20k | - |
| Trade receivables40 | - | - | €20k | - |
| Other amounts receivable41 | €2k | €3k | - | - |
| Current investments50/53 | €3 | - | - | - |
| Cash at bank and in hand54/58 | - | €10k | €14k | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2k | €24k | €48k | - |
| Equity10/15 | €-1k | €5k | €16k | - |
| Contributions10/11 | €3k | €3k | €3k | - |
| Profit (loss) carried forward14 | €-4k | €2k | €13k | - |
| Amounts payable17/49 | €3k | €19k | €32k | - |
| Amounts payable within one year42/48 | €3k | €19k | €32k | - |
| Trade debts44 | - | €13k | €18k | - |
| Suppliers440/4 | - | €13k | €18k | - |
| Taxes, remuneration and social security45 | - | - | €8k | - |
| Taxes450/3 | - | - | €8k | - |
| Other amounts payable47/48 | €3k | €6k | €6k | - |
| Line | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €7k | €11k | - |
| Operating cash flow (approximation) | €-4k | €7k | €11k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
21-09
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 15-09-2026
08-06
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement (SME) · event 02-06-2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2022net €11k ▲73.3%
Operating result €11k, net result €11k, both a record.
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.27
Current ratio from 0.52 to 1.27.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Evergem · 1 establishment unit since 2021
Ground area
7,114 m²
Building footprint
3,745 m²
Volume, LiDAR
23,497 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
Steenweg Deinze 150, 9810 Nazareth-De Pinte
since 20212.319.867.143
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E0526/00K000 | Flanders | 4,041 m² | 1 · 2,120 m² | 8.1 m · 2 fl. |
| 44048G0437/00R000 | Flanders | 3,072 m² | 1 · 1,625 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,980 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-06-2021
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
46831Wholesale of construction materials, general range
46839Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.