DE BIST
DE BIST has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €-32k. Equity is shrinking by ~10.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
| Equity | €171k |
| Net result | €-32k |
| Active | 17 yrs |
| Locations | 1 |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | - | - | - | - |
| Net profit | €-32k | €-6k | €-26k | €-27k | €-59k |
| Cash flow | - | - | - | - | - |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €655k | €655k | €664k | €647k | €649k |
| Equity | €171k | €203k | €209k | €235k | €263k |
| Debt | €484k | €453k | €455k | €412k | €386k |
| of which ≤ 1y | €484k | €453k | €455k | €412k | €386k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-471k | €-439k | €-433k | €-406k | €-379k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.03 | 0.03 | 0.05 | 0.01 | 0.02 |
| Quick ratio | 0.03 | 0.03 | 0.05 | 0.01 | 0.02 |
| Working capital ratio | -71.9% | -67.0% | -65.1% | -62.8% | -58.5% |
| Solvency | 26.1% | 30.9% | 31.4% | 36.3% | 40.5% |
| Debt / equity | 2.83 | 2.24 | 2.18 | 1.75 | 1.47 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -4.8% | -1.0% | -4.0% | -4.2% | -9.0% |
| ROE | -18.5% | -3.1% | -12.6% | -11.6% | -22.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €655k | €655k | €664k | €647k | €649k |
| Fixed assets | 21/28 | €642k | €642k | €642k | €642k | €642k |
| Tangible fixed assets | 22/27 | €642k | €642k | €642k | €642k | €642k |
| Current assets | 29/58 | €13k | €14k | €23k | €5k | €7k |
| Amounts receivable within one year | 40/41 | €6k | €6k | €4k | €4k | €4k |
| Cash & bank | 54/58 | €7k | €8k | €19k | €1k | €2k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €655k | €655k | €664k | €647k | €649k |
| Equity | 10/15 | €171k | €203k | €209k | €235k | €263k |
| Contributions / capital | 10/11 | €310k | €310k | €310k | €310k | €310k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €-141k | €-109k | €-103k | €-77k | €-49k |
| Amounts payable | 17/49 | €484k | €453k | €455k | €412k | €386k |
| Amounts payable within one year | 42/48 | €484k | €453k | €455k | €412k | €386k |
| Trade debts payable within one year | 44 | - | €7k | €46k | €46k | €51k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-11k | €18k | €-2k | €-108 | €-2k |
| Operating result | 9901 | €-18k | €9k | €-9k | €-51k | €-52k |
| Financial income | 75 | €2k | €408 | €296 | €30k | - |
| Financial charges | 65 | €15k | €16k | €18k | €6k | €6k |
| Result before taxes | 9903 | €-32k | €-6k | €-26k | €-27k | €-59k |
| Net result for the period | 9904 | €-32k | €-6k | €-26k | €-27k | €-59k |
| Result to be appropriated | 9905 | €-32k | €-6k | €-26k | €-27k | €-59k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 04-12-2008 |
| Status | Active |
| Postal code | 2400 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0131/00T000 | Flanders | 1,191 m² | 1 · 211 m² | 10.9 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | DE BIST |