D'HONT - DECLERCQ MANAGEMENT
ActiveD'HONT - DECLERCQ MANAGEMENT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.27M and a net result of €784k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 66% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency63▲+5
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.23 in 2024), and 49.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
50.9%
Return on assets
17.6%
Age of the figures
11 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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
1 d early
2022
4 d early
2021
2 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.27M▲ 35.8%
2024 · €1.67M
2018: €1.95M
2019: €2.27M
2020: €2.37M
2021: €2.27M
2022: €2.49M
2023: €2.51M
2024: €1.67M
2018 → 2025
Total assets
€4.45M▲ 23.7%
2024 · €3.60M
2018: €4.65M
2019: €4.18M
2020: €3.66M
2021: €4.03M
2022: €3.99M
2023: €3.60M
2024: €3.60M
2018 → 2025
Net result
€784k▲ 117%
2024 · €361k
2018: €295k
2019: €321k
2020: €103k
2021: €-103k
2022: €215k
2023: €22k
2024: €361k
2018 → 2025
Working capital
€-1.36M▼ 10.8%
2024 · €-1.23M
2018: €-945k
2019: €-513k
2020: €-439k
2021: €-327k
2022: €-420k
2023: €-366k
2024: €-1.23M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.27M-€2.49M▲ 9.5%€2.51M▲ 0.9%€1.67M▼ 33.4%€2.27M▲ 35.8%
Operating result€112k-€153k▲ 36.9%€74k▼ 51.5%€556k▲ 648%€847k▲ 52.3%
Net result€-103k-€215k€22k▼ 89.5%€361k▲ 1,509%€784k▲ 117%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 52% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.45M
Fixed assets
€4.11M▲ 27.4%
Current assets
€343k▼ 8.6%
Equity and liabilities €4.45M
Equity
€2.27M▲ 35.8%
Provisions
€237k▲ 332%
Debt
€1.95M▲ 3.9%
The debt ratio falls from 52.1% to 43.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€1.02M▲
2024 · €662k
Cash flow
€952k▲
2024 · €467k
Solvency
50.9%▲
2024 · 46.4%
Current ratio
0.20▼
2024 · 0.23
Quick ratio
0.20▼
2024 · 0.23
Debt / equity
0.86▼
2024 · 1.12
ROE
34.6%▲
2024 · 21.6%
ROA
17.6%▲
2024 · 10.0%
Interest coverage
13.45▲
2024 · 9.55
Debt
€1.95M▲
2024 · €1.87M
Debt ≤ 1 year
€1.70M▲
2024 · €1.60M
Debt > 1 year
€199k▼
2024 · €219k
Income taxes
€17k▼
2024 · €144k
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€3.60M€4.45M▲
Fixed assets21/28€3.22M€4.11M▲
Tangible fixed assets22/27€3.21M€4.11M▲
Land and buildings22€2.93M€3.87M▲
Plant, machinery and equipment23€56k€44k▼
Furniture and vehicles24€23k€10k▼
Other tangible fixed assets26€194k€182k▼
Financial fixed assets28€17k€0▼
Current assets29/58€375k€343k▼
Amounts receivable after more than one year29€125k€125k=
Other amounts receivable291€125k€125k=
Amounts receivable within one year40/41€133k€104k▼
Trade receivables40€72k€11k▼
Other amounts receivable41€61k€93k▲
Current investments50/53€75k€75k=
Cash at bank and in hand54/58€33k€29k▼
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€3.60M€4.45M▲
Equity10/15€1.67M€2.27M▲
Contributions10/11€597k€597k=
Reserves13€1.07M€1.67M▲
Tax-exempt reserves132€193k€739k▲
Distributable reserves133€880k€931k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€55k€237k▲
Deferred taxes168€55k€237k▲
Amounts payable17/49€1.87M€1.95M▲
Amounts payable after more than one year17€219k€199k▼
Financial debts170/4€219k€199k▼
Amounts payable within one year42/48€1.60M€1.70M▲
Current portion of amounts payable after more than one year42€42k€20k▼
Financial debts43€507k€900k▲
Credit institutions430/8€507k€900k▲
Trade debts44€56k€116k▲
Suppliers440/4€56k€116k▲
Taxes, remuneration and social security45€57k€25k▼
Taxes450/3€57k€25k▼
Other amounts payable47/48€940k€641k▼
Accrued charges and deferred income492/3€53k€46k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€168k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€363
Other operating charges640/8€58k€52k▼
Gross operating margin9900€719k€1.07M▲
Operating profit (loss)9901€556k€847k▲
Financial income75/76B€17k€24k▲
Recurring financial income75€17k€24k▲
Financial charges65/66B€69k€75k▲
Recurring financial charges65€69k€75k▲
Profit (loss) for the period before taxes9903€504k€796k▲
Transfer from deferred taxes780€2k€5k▲
Income taxes67/77€144k€17k▼
Profit (loss) for the period9904€361k€784k▲
Transfer from tax-exempt reserves789€5k€14k▲
Transfer to tax-exempt reserves689-€747k
Profit (loss) for the period to be appropriated9905€366k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€366k€51k▼
Transfer from equity791/2€577k€0▼
Transfer to equity691/2€366k€51k▼
To other reserves6921€366k€51k▼
Profit to be distributed694/7€577k€0▼
Return on contributions (dividend)694€577k€0▼
The notes to these accounts (18 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €784k ▲117%
Operating result €847k, net result €784k, both a record.
30-09
Financial
Equity above €2MEq €2.27M ▲35.8%
4 profitable years in a row build equity to €2.27M.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €215k
Net result €215k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-103k ▼200%
Net result drops to €-103k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €2MEq €2.27M ▲16.4%
2 profitable years in a row build equity to €2.27M.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Waregem · 1 establishment unit since 1991
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.
Moorstraat 548793 WaregemGround area
1.0 ha
Building footprint
408 m²
Volume, LiDAR
1,750 m³
Parcel 34035B0324/00G000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
D'HONT-DECLERCQ MANAGEMENT NV
since 19912.052.810.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035B0324/00G000 | Flanders | 1.0 ha | 1 · 408 m² | 7.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.052.810.505
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 3,489 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-1991
Fiscal year end30-09
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.