Active BE 0470.371.410Public limited companyOpen bankruptcy

D'HONDT

Leenstraat 2 ·9750 Kruisem, Belgium· 26 yrs active

Sector: Schrijnwerk (43320)

Conclusion Checked

A bankruptcy procedure is open for D'HONDT according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure and 1 judicial reorganisation. The 2024 annual accounts show negative equity (€-8.71M) and a net result of €-13.63M.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-8.71M
Net result	€-13.63M
Staff (FTE)	91.8
Better than sector	5%

Snowflake analysis 5 of 5 axes measured · computed by Checked

18 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 33

Solvency 36

Growth 22

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

65 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· 1 interim measure (+5)

· 1 judicial reorganisation (+10)

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

0 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 01-10-2025 with the NBB · fiscal year 2024 · volledig

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-68.1%	36.6%	better than 5% of 499 sector peers
Net result	€-13.63M	€19k	better than 5% of 497 sector peers
Equity	€-8.71M	€90k	better than 5% of 499 sector peers
Staff costs	€5.11M	€150k	higher than 95% of 331 sector peers
Employees (FTE)	91.8	4.3	better than 95% of 261 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€5.33M

-60.2% 18-24

EBITDA

€-10.88M

- 18-24

Net profit

€-13.63M

-568.7% 18-24

Cash flow

€-11.88M

- 18-24

Total assets

€12.79M

-70.6% 18-24

Equity

€-8.71M

- 18-24

Working capital

€-4.26M

- 18-24

Employees (FTE)

92

-33.7% 18-24

Show 14 other metrics

Staff costs

€5.11M

-57.0% 18-24

Income taxes

€9k

-74.3% 18-24

Debt

€21.45M

-34.1% 18-24

Debt ≤ 1y

€11.83M

-48.4% 18-24

Debt > 1y

€8.91M

-4.0% 18-24

Current ratio

0.64

-44.9% 18-24

Quick ratio

0.48

-22.4% 18-24

Solvency

-68.1%

- 18-24

Debt / equity

-2.46

- 18-24

ROE

156.5%

- 18-24

ROA

-106.6%

-2173.2% 18-24

Net margin

-255.6%

-1581.0% 18-24

EBITDA margin

-204.0%

- 18-24

Interest coverage

-11.02

- 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	€5.33M
EBITDA	€-10.88M
Net profit	€-13.63M
Cash flow	€-11.88M
Staff costs	€5.11M
Income taxes	€9k
Dividends	-
Total assets	€12.79M
Equity	€-8.71M
Debt	€21.45M
of which ≤ 1y	€11.83M
of which > 1y	€8.91M
Working capital	€-4.26M
Employees (FTE)	91.8

Ratios (computed)

	2024
Current ratio	0.64
Quick ratio	0.48
Working capital ratio	-33.3%
Solvency	-68.1%
Debt / equity	-2.46
Long-term debt ratio	-1.02
Interest coverage	-11.02
Gross margin	58.2%
Net margin	-255.6%
ROA	-106.6%
ROE	156.5%
EBITDA margin	-204.0%
Days sales outstanding	79d
Days payable outstanding	236d
Inventory turnover	1.21
Days inventory (DSI)	300d

Balance-sheet composition 2024

Assets

Fixed assets €5.22M · 40.8% Current assets €7.57M · 59.2%

Full annual accounts (29 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€12.79M
Fixed assets	21/28	€5.22M
Formation expenses	20	€0
Intangible fixed assets	21	€260k
Tangible fixed assets	22/27	€4.90M
Financial fixed assets	28	€62k
Current assets	29/58	€7.57M
Stocks & contracts in progress	3	€1.83M
Amounts receivable within one year	40/41	€2.30M
Investments	50/53	€1k
Cash & bank	54/58	€3.36M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€12.79M
Equity	10/15	€-8.71M
Contributions / capital	10/11	€440k
Reserves	13	€1.03M
Accumulated profits (losses)	14	€-11.15M
Provisions & deferred taxes	16	€47k
Amounts payable	17/49	€21.45M
Amounts payable after one year	17	€8.91M
Amounts payable within one year	42/48	€11.83M
Trade debts payable within one year	44	€1.44M
Income statement
Turnover	70	€5.33M
Operating result	9901	€-12.62M
Financial income	75	€55k
Financial charges	65	€1.19M
Result before taxes	9903	€-13.69M
Income taxes	67/77	€9k
Net result for the period	9904	€-13.63M
Result to be appropriated	9905	€-13.39M

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	Ali HEERMAN EINESTRAAT 34, 9700 OUDENAARDE-	15-01-2026 → present	Belgian State Gazette
Curator	JENS VREBOS HAMILTON- PARK 24-26, 8000 BRUGGE	15-01-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Schrijnwerk(43320)
Legal form	Public limited company(014)
Incorporation	01-02-2000
Status	Active
Postal code	9750
First BS signal	08-08-2025
Latest BS signal	21-01-2026

Establishment units 14 locations

D'HONDT

Leenstraat 2, 9750 KruisemVervaardiging van verf, vernis ed, drukinkt en mastiek

since 19732.008.386.582

Zeelsebaan (GRE) 2, 9200 Dendermonde

Vervaardiging van verf, vernis ed, drukinkt en mastiek

since 19732.142.811.855

Rue Pont-à-Migneloux 47, 6041 Charleroi

Vervaardiging van verf, vernis ed, drukinkt en mastiek

since 19732.142.811.954

D'HONDT

Leuvensesteenweg 429, 1930 ZaventemVervaardiging van verf, vernis ed, drukinkt en mastiek

since 19932.008.386.087

Bergensesteenweg 382, 1600 Sint-Pieters-Leeuw

Vervaardiging van ander schrijn- en timmerwerk

since 20072.173.835.524

D'HONDT

Oudenaardsesteenweg 349, 9420 Erpe-MereVervaardiging van ander schrijn- en timmerwerk

since 20122.209.010.296

Show 8 more locations

D'HONDT

Antwerpseweg 181, 2440 GeelVervaardiging van ander schrijn- en timmerwerk

since 20132.224.644.322

D'HONDT

Leenstraat 10, 9750 KruisemVervaardiging van ander schrijn- en timmerwerk

since 20132.224.644.124

D'HONDT

Genkersteenweg 201, 3500 HasseltGroothandel in schrijn- en timmerwerk van hout voor de bouwnijverheid

since 20222.334.222.054

D'HONDT

Chaussée de Bruxelles 307B, 1410 WaterlooGroothandel in schrijn- en timmerwerk van hout voor de bouwnijverheid

since 20232.348.954.869

D'HONDT

Dorpsstraat 23, 8490 JabbekeGroothandel in schrijn- en timmerwerk van hout voor de bouwnijverheid

since 20242.366.229.480

D'HONDT

Chaussée de Tongres 198, 4000 LiègeGroothandel in schrijn- en timmerwerk van hout voor de bouwnijverheid

since 20242.366.229.579

D'HONDT

Boomsesteenweg 641, 2610 AntwerpenGroothandel in schrijn- en timmerwerk van hout voor de bouwnijverheid

since 20252.378.578.570

D'HONDT

Bredabaan 739, 2170 AntwerpenGroothandel in schrijn- en timmerwerk van hout voor de bouwnijverheid

since 20252.378.578.669

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 11 (78.6%) Wallonia 3 (21.4%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45036A0205/00C002	Flanders	2.0 ha	1 · 1.8 ha	-
45036A0205/00L000	Flanders	3,449 m²	1 · 2,224 m²	6.1 m · 2 fl.
42007B1143/00R000	Flanders	2,470 m²	1 · 737 m²	7.6 m · 2 fl.
41040A0117/00X000	Flanders	1,367 m²	1 · 635 m²	6.8 m · 1 fl.
13373L0361/00M002	Flanders	1,105 m²	1 · 599 m²	11.4 m · 2 fl.
23772C0344/00H002	Flanders	977 m²	1 · 114 m²	11.5 m · 3 fl.
71323C0639/00L000	Flanders	916 m²	1 · 309 m²	10.4 m · 3 fl.
23582E0353/00B000indicative	Flanders	799 m²	1 · 192 m²	6.0 m · 1 fl.
11463D0415/00H004	Flanders	651 m²	1 · 151 m²	7.1 m · 2 fl.
31012C0409/00E000	Flanders	619 m²	1 · 222 m²	13.6 m · 3 fl.

4 more parcels, available from Kantoor S.

See plans →

Methodology

via registered seat: 1 · via establishment units: 13

13 of 14 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

21-01-2026

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Oudenaarde · D’HONDT NV LEENSTRAAT 2, 9750 ZINGEM · event 15-01-2026

2025

01-10-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

18-09-2025

Judicial reorganisation Opening

Ondernemingsrechtbank Gent · collectif · event 11-09-2025

08-08-2025

Interim measure Provisional administrator

Ondernemingsrechtbank Gent

2024

23-12-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

2022

15-07-2022

NBB filing Annual accounts filed

fiscal year 2021 · volledig

25-03-2022

State Gazette act Capital & shares

Marleen VANDEWALLE

2021

15-07-2021

NBB filing Annual accounts filed

fiscal year 2020 · volledig

2020

16-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · volledig

2019

25-06-2019

NBB filing Annual accounts filed

fiscal year 2018 · volledig

2018

29-06-2018

NBB filing Annual accounts filed

fiscal year 2017 · volledig

2017

07-07-2017

NBB filing Annual accounts filed

fiscal year 2016 · volledig

2016

28-06-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

2015

08-07-2015

NBB filing Annual accounts filed

fiscal year 2014 · volledig

Lifecycle & Insolvency Signals3 events

21-01-2026

Bankruptcy Opening

Date: 15-01-2026 · Ondernemingsrechtbank Gent, afdeling Oudenaarde · D’HONDT NV LEENSTRAAT 2, 9750 ZINGEM · Publications in State Gazette ↗

Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 2 further earlier events in this file, covering 08-08-2025 to 15-01-2026.

Available in Kantoor S. See plans →

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 16 acts read

We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

25-03-2022

Capital change

All acts · 1 updated 4 years ago

2022

25-03-2022 All shares are now held by a single shareholder Capital & shares·Marleen VANDEWALLE

Notary: Marleen VANDEWALLE · Wortegem-Petegem

Original publication ↗

Technical details

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  "notary": {
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  },
  "act_meta": {
    "language": "nl",
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    "filing_date": "2022-03-23",
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  },
  "bedrijfsrevisor": {
    "waived": false,
    "firm_kbo": null,
    "firm_name": "PwC Bedrijfsrevisoren",
    "ibr_number": null,
    "mission_type": "none",
    "individual_name": null
  },
  "subject_company": {
    "kbo": "0470.371.410",
    "name_full": "D\u2019HONDT",
    "legal_form": "Naamloze vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Frederik Johan Hubert D\u2019HONDT",
    "org_rep_person_name": null,
    "person_role_at_subject": "vaste vertegenwoordiger"
  },
  "co_filed_documents": [
    "expedition",
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  ],
  "shareholders_after": [
    {
      "kbo": "0808.391.268",
      "pct": null,
      "kind": "org",
      "name": "FC INVEST",
      "role": "g\u00E9rant_statutaire",
      "n_shares": null,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "D\u2019HONDT Frederik Johan Hubert",
      "role": "simple_associ\u00E9",
      "n_shares": null,
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  "share_classes_after": [
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      "n_shares": 2982,
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      "capital_share_eur": null,
      "voting_rights_per_share": 1.0
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  ]
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Schrijnwerk43320Schrijnwerk43320Overige adviesbureaus op het gebied van bedrijfsvoering en beheer74142Vervaardiging van kunststofartikelen voor de bouw22230Vervaardiging van kunststofartikelen voor de bouw22240Holdings64200Activiteiten van holdings64210Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Managementactiviteiten van holdings74151

Primary activity highlighted.

Names & trade names

Legal nameNL

D'HONDT

Registered office

Leenstraat 2

9750 Kruisem, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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