DE BAERE INSTALLATIONS

Active

Private limited companyfounded 2013active for 13 yearsVrombautstraat 121, 9900 Eeklo, BelgiumKBO/BCE: BE 0502.908.970

Summary

The computed 12-month bankruptcy probability of DE BAERE INSTALLATIONS is 5.3% (elevated). For DE BAERE INSTALLATIONS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €349,046 and a net result of €25,739. Equity is growing by about 8.6% per year across the filed financial years. Its solvency ranks better than 63% of 2,268 sector peers (NACE 25, financial year 2023). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

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DE BAERE INSTALLATIONSActive

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Activity

Manufacture of fabricated metal products, except machinery and equipment

NACE 25210Installation of electric heating, air conditioning, cooling and ventilation NACE 43222

1 site

Size

€628,510total assets 2023

Staff: 1 FTE
Equity: €349,046
Profit: €25,739

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 5.3%

2023 figures too old to score

Structure

2024 accounts not filed, 543 days past the deadline4 deeds in the Belgian Official Gazette

Signalsraises riskFigures for financial year 2023 (filed 31-05-2024)2 financial years not filed after the legal deadline; last filed accounts filed 31 days late; 2 of the last 3 lateNo filing in 24 months (latest 31-05-2024)Two or more financial years not filed2023 accounts filed 31 days latelowers riskFounded in 2013Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Strong

Solvency 81-19

equity 55.5% of total assets

Liquidity 40-23

short-term debt 35.3% · cash 4.8%

Profitability 74+2

return on assets 4.1%

Bankruptcy probability, 12 months

5.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,701 companies, NACE 25, micro)

Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.3 percentage points vs 04-2025 06-2025: 1.0%▲ +0.2 percentage points vs 05-2025 07-2025: 1.5%▲ +0.5 percentage points vs 06-2025 08-2025: 1.6%▲ +0.1 percentage points vs 07-2025 09-2025: 2.1%▲ +0.5 percentage points vs 08-2025 10-2025: 3.4%▲ +1.3 percentage points vs 09-2025 11-2025: 3.4%● unchanged vs 10-2025 12-2025: 3.6%▲ +0.2 percentage points vs 11-2025 01-2026: 3.3%▼ -0.3 percentage points vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 4.4%▲ +1.1 percentage points vs 04-2026 06-2026: 5.3%▲ +0.9 percentage points vs 05-2026highest value 07-2026: 5.3%● unchanged vs 06-2026highest value 08-2026: 5.3%● unchanged vs 07-2026highest value 09-2026: 5.3%● unchanged vs 08-2026highest value 10-2026: 5.3%● unchanged vs 09-2026highest value

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2023 (filed 31-05-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline; last filed accounts filed 31 days late; 2 of the last 3 late

NBB · filings

No filing in 24 months (latest 31-05-2024)

NBB · filings

Founded in 2013

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Two or more financial years not filed

Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

30-09-2024 year end30-04-2025 deadline25-10-2026 today

2023 accounts filed 31 days late

The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 31-05-2024, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

31 days late

2022

4 days late

2021

31 days late

2020

151 days late

2019

34 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 50 days after the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-05-2024 Annual accounts filedfinancial year 2023 · micro…
04-05-2023 Annual accounts filedfinancial year 2022 · micro…
30-09-2022 Liquidity doublescurrent ratio 8.70

Key points

Risk: 2024 accounts not fileddeadline was 30-04-2025 543 days past the deadline View
Positive: Among the best 12% on equitysector median €72,724 · 2,271 companies €349,046 View
Active since 2013founded 21-01-2013 13 years View

By topic

Financials

Financial year: 2023
Total assets: €628,510
Profit: €25,739
Solvency: 55.5%

Total assets▲ 59.7%

Net result

20192023

Go to Financials

Timeline

Events: 13
Since: 2015

31-05-2022Annual accounts filed
30-09-2021Highest result from 2019 to 2023
28-09-2021Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of fabricated metal products, except machinery and…NACE 25210
Founded: 21-01-2013
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about DE BAERE INSTALLATIONS

What is the company number of DE BAERE INSTALLATIONS?: 0502.908.970. In Belgium the VAT number is the company number with BE in front: BE 0502.908.970.
Where is DE BAERE INSTALLATIONS based?: The registered office is at Vrombautstraat 121, 9900 Eeklo.Company details
What does DE BAERE INSTALLATIONS do?: According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25210).
What is the legal form of DE BAERE INSTALLATIONS?: Private limited company (BV).
When was DE BAERE INSTALLATIONS founded?: On 21-01-2013.
Is DE BAERE INSTALLATIONS still active?: Yes, DE BAERE INSTALLATIONS is an active enterprise in the KBO register.
How many employees does DE BAERE INSTALLATIONS have?: On average 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of DE BAERE INSTALLATIONS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is DE BAERE INSTALLATIONS profitable?: In financial year 2023, DE BAERE INSTALLATIONS made a profit of €25,739.
Where can I find the annual accounts of DE BAERE INSTALLATIONS?: DE BAERE INSTALLATIONS filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2023.