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DE BAAN

Active
Private limited companyfounded 1999active for 26 yearsOude Zoerlebaan 79, 2260 Westerlo, BelgiumKBO/BCE: BE 0468.998.661
Summary

DE BAAN has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213,302 and a net result of €30,436. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 82% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-12-1999 Normal situation
Activity
General electrical installation work NACE 43211and 3 others
Establishment unit
2.097.210.175 2260 Westerlo, since 23-03-2000
Financial year end
31 December
Peppol
Reachable since 13-11-2025

Board and ownership

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€47,739
Turnover
≈ €220,000
estimated
Profit
€30,436
Equity
€213,302
▲ 16.6%
Total assets
€276,987
▼ 1.8%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 4.78, cash €220,420Equity €213,302 (77.0% of total assets)Founded in 1999Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 78% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100+10
equity 77.0% of total assets
Liquidity 94+7
short-term debt 19.2% · cash 79.6%
Profitability 82+71
return on assets 11.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.2 percentage points vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.78 (3.18 in 2024), above the usual 1.5. Short-term debt is 19.2% and cash 79.6% of total assets. 23% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 91% on liquidity, 64% on profitability and 64% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.78, cash €220,420
NBB · annual accounts
lowers risk · Equity €213,302 (77.0% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
56 days early
2023
21 days early
2022
35 days early
2021
59 days early
2020
53 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 85% of companies in specialised constructionsector median €57,775 · 34,958 companies €213,302 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Resignation: VRANCKX Joris Victor Margaretha (manager)Reappointment: VRANCKX Joris Victor Margaretha (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as DE BAAN: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €238,000 and €290,000, founded between 1998 and 2002.

CompanyTotal assetsGross margin
DE BAAN Westerlo€276,987€47,739
C.H. Westerlo€258,834€40,617
BENDO 2002 Lier€272,904€41,829
LDR Elektriciteitswerken Kapellen€238,416€54,713
DENTECH Duffel€289,872€59,998
STAFCO Dendermonde€285,931€48,534
VBE Etterbeek€250,130€47,253
Full comparison

Key facts about DE BAAN

What is the company number of DE BAAN?
The company number of DE BAAN is 0468.998.661. The VAT number is the same number with BE in front: BE 0468.998.661.
Where is DE BAAN based?
The registered office is at Oude Zoerlebaan 79, 2260 Westerlo.Company details
What does DE BAAN do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of DE BAAN?
The legal form of DE BAAN is Private limited company (BV).
When was DE BAAN founded?
DE BAAN was founded on 29-12-1999.
Is DE BAAN still active?
Yes, DE BAAN is an active enterprise in the KBO register.
How many employees does DE BAAN have?
DE BAAN had an average of 2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of DE BAAN?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €47,739 and 45 comparable companies (NACE 43211). It probably lies between €160,000 and €340,000.
Is DE BAAN profitable?
In financial year 2025, DE BAAN made a profit of €30,436.
Where can I find the annual accounts of DE BAAN?
DE BAAN filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE BAAN due?
DE BAAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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