DE BOCK
ActiveDE BOCK has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €177k and a net result of €-31k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability13▼-2
Solvency50▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.08 in 2023; short-term debt: 40.2% and cash: 1.1% of total assets), and 74.6% 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+raises risk○neutral
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
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
25.4%
Return on assets
-4.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-31k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
80 d early
2021
37 d early
2020
85 d early
2019
77 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€177k▼ 15.1%
2023 · €208k
2018: €272k
2019: €272k
2020: €274k
2021: €257k
2022: €230k
2023: €208k
2018 → 2024
Total assets
€697k▼ 3.3%
2023 · €721k
2018: €787k
2019: €753k
2020: €734k
2021: €746k
2022: €732k
2023: €721k
2018 → 2024
Net result
€-31k▼ 45.1%
2023 · €-22k
2018: €2k
2019: €67
2020: €1k
2021: €-17k
2022: €-27k
2023: €-22k
2018 → 2024
Working capital
€-266k▼ 5.8%
2023 · €-251k
2018: €-203k
2019: €-204k
2020: €-193k
2021: €-216k
2022: €-240k
2023: €-251k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€274k-€257k▼ 6.3%€230k▼ 10.5%€208k▼ 9.4%€177k▼ 15.1%
Operating result€2k-€-16k€-26k▼ 62.3%€-21k▲ 19.7%€-31k▼ 45.8%
Net result€1k-€-17k€-27k▼ 56.4%€-22k▲ 19.5%€-31k▼ 45.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2024 against €21k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €697k
Fixed assets
€683k▼ 2.4%
Current assets
€14k▼ 31.9%
Equity and liabilities €697k
Equity
€177k▼ 15.1%
Debt
€520k▲ 1.5%
The debt ratio rises from 71.1% to 74.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-14k▼
2023 · €-9k
Cash flow
€-15k▼
2023 · €-9k
Solvency
25.4%▼
2023 · 28.9%
Current ratio
0.05▼
2023 · 0.08
Quick ratio
0.03▼
2023 · 0.03
Debt / equity
2.94▲
2023 · 2.46
ROE
-17.8%▼
2023 · -10.4%
ROA
-4.5%▼
2023 · -3.0%
Interest coverage
-89.38▼
2023 · -56.48
Debt
€520k▲
2023 · €513k
Debt ≤ 1 year
€280k▲
2023 · €272k
Debt > 1 year
€240k=
2023 · €240k
Income taxes
€236▲
2023 · €215
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€721k€697k▼
Fixed assets21/28€700k€683k▼
Tangible fixed assets22/27€699k€682k▼
Land and buildings22€690k€677k▼
Furniture and vehicles24€9k€5k▼
Financial fixed assets28€500€500=
Current assets29/58€21k€14k▼
Stocks and contracts in progress3€12k€5k▼
Stocks30/36€12k€5k▼
Amounts receivable within one year40/41€1k€1k▼
Trade receivables40€1k€1k▲
Other amounts receivable41€150-
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€721k€697k▼
Equity10/15€208k€177k▼
Contributions10/11€25k€25k=
Reserves13€227k€196k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€225k€194k▼
Profit (loss) carried forward14€-44k€-44k=
Amounts payable17/49€513k€520k▲
Amounts payable after more than one year17€240k€240k=
Financial debts170/4€240k€240k=
Amounts payable within one year42/48€272k€280k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€357€837▲
Taxes450/3€357€837▲
Other amounts payable47/48€269k€278k▲
Accrued charges and deferred income492/3€650€700▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€17k▲
Other operating charges640/8€22k€34k▲
Gross operating margin9900€13k€20k▲
Operating profit (loss)9901€-21k€-31k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€161€158▼
Recurring financial charges65€161€158▼
Profit (loss) for the period before taxes9903€-21k€-31k▼
Income taxes67/77€215€236▲
Profit (loss) for the period9904€-22k€-31k▼
Profit (loss) for the period to be appropriated9905€-22k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-75k▼
Profit (loss) brought forward from the previous period14P€-44k€-44k=
Transfer from equity791/2€22k€31k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Pajottegem · 1 establishment unit since 1977
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.
Nieuwstraat 21570 PajottegemGround area
1,056 m²
Building footprint
693 m²
Volume, LiDAR
3,133 m³
Parcel 23023C0365/00L000, Flanders · tallest building 12.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Nieuwstraat 2, 1570 Pajottegem
since 19772.013.295.079
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23023C0365/00L000 | Flanders | 1,056 m² | 1 · 693 m² | 12.8 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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BE 0415.219.881
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WYTERS EN ZONEN CENTRALE VERWARMING-AIRCONDITIONING
BE 0871.362.183
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P. VAN HECKE
BE 0441.037.323
Jette · Eq €177k
R & B CONSTRUCT
BE 0456.890.982
Neupré · Eq €177k
CHAIDRON Timothé
BE 0647.672.067
Bouillon · Eq €177k
Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 4,875 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-10-1976
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.