DAVID DEKNUDT
ActiveSummary
The computed 12-month bankruptcy probability of DAVID DEKNUDT is 2.3% (moderate). The 2025 annual accounts show equity of €64k and a net result of €23k. Equity is growing by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 33% of 27786 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+7
Solvency57▲+12
Growth52=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.56 in 2024; short-term debt: 49.4% and cash: 14.1% of total assets), and 68.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
31.8%
Return on assets
11.4%
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 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
18 d early
2024
20 d early
2023
19 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
€64k▲ 55.9%
2024 · €41k
2023: €29k
2024: €41k
2023 → 2025
Total assets
€202k▼ 1.5%
2024 · €205k
2023: €257k
2024: €205k
2023 → 2025
Net result
€23k▲ 87.2%
2024 · €12k
2023: €26k
2024: €12k
2023 → 2025
Working capital
€371
2024 · €-44k
2023: €-86k
2024: €-44k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€29k-€41k▲ 42.5%€64k▲ 55.9%
Operating result€36k-€22k▼ 39.6%€36k▲ 63.7%
Net result€26k-€12k▼ 52.5%€23k▲ 87.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 64% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€102k ▼ 31.4%
Current assets
€100k ▲ 77.1%
Equity and liabilities €202k
Equity
€64k ▲ 55.9%
Debt
€138k ▼ 15.9%
Debt's share of the balance-sheet total falls from 79.9% to 68.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▲
2024 · €76k
Cash flow
€78k▲
2024 · €67k
Current ratio
1.00▲
2024 · 0.56
Quick ratio
0.93▲
2024 · 0.38
Debt to equity
2.14▼
2024 · 3.97
ROE
35.8%▲
2024 · 29.8%
ROA
11.4%▲
2024 · 6.0%
Interest coverage
28.07▲
2024 · 16.25
Debt ≤ 1 year
€100k▼
2024 · €100k
Debt > 1 year
€38k▼
2024 · €63k
Income taxes
€9k▲
2024 · €5k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€205k€202k▼
Fixed assets21/28€148k€102k▼
Intangible fixed assets21€45k€31k▼
Tangible fixed assets22/27€103k€71k▼
Land and buildings22-€3k
Plant, machinery and equipment23€7k€405▼
Furniture and vehicles24€96k€67k▼
Current assets29/58€56k€100k▲
Stocks and contracts in progress3€18k€7k▼
Stocks30/36€18k€7k▼
Amounts receivable within one year40/41€21k€61k▲
Trade receivables40€16k€55k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€15k€28k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€205k€202k▼
Equity10/15€41k€64k▲
Contributions10/11€3k€3k=
Reserves13€38k€61k▲
Distributable reserves133€38k€61k▲
Amounts payable17/49€163k€138k▼
Amounts payable after more than one year17€63k€38k▼
Financial debts170/4€63k€38k▼
Amounts payable within one year42/48€100k€100k▼
Current portion of amounts payable after more than one year42€24k€25k▲
Trade debts44€26k€57k▲
Suppliers440/4€26k€57k▲
Taxes, remuneration and social security45€8k€17k▲
Taxes450/3€8k€17k▲
Other amounts payable47/48€42k-
Accrued charges and deferred income492/3€21€5▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€55k▲
Other operating charges640/8€768€839▲
Gross operating margin9900€77k€92k▲
Operating profit (loss)9901€22k€36k▲
Financial income75/76B€15€122▲
Recurring financial income75€15€122▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€17k€32k▲
Income taxes67/77€5k€9k▲
Profit (loss) for the period9904€12k€23k▲
Profit (loss) for the period to be appropriated9905€12k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€23k▲
Transfer to equity691/2€12k€23k▲
To other reserves6921€12k€23k▲
The notes to these accounts (9 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼52.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Harelbeke · 1 establishment unit since 2023
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.
Waterstraat 328531 HarelbekeGround area
2,431 m²
Building footprint
248 m²
Volume, LiDAR
1,575 m³
Parcel 34004B0398/00B000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BV DAVID DEKNUDT
since 20232.340.851.609
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34004B0398/00B000 | Flanders | 2,431 m² | 1 · 248 m² | 10.7 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.
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 3,024 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
Founded24-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.