DE BRUYN
ActiveDE BRUYN has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €785k and a net result of €18k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 1030 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 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
Profitability69=
Solvency47=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.3 in 2024; short-term debt: 27.4% and cash: 4.5% of total assets), and 77.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 25
Relative position
BE, all sectors
reference
Sector 25
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
22.1%
Return on assets
0.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1030 sector peers (2025).
NBB · sector comparisonPosition among 1030 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
1 d early
2023
40 d early
2022
124 d early
2021
on the day
2020
30 d late
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€785k▲ 1.9%
2024 · €770k
2019: €255k
2020: €227k
2021: €361k
2022: €586k
2023: €758k
2024: €770k
2019 → 2025
Total assets
€3.55M▲ 1.1%
2024 · €3.51M
2019: €2.38M
2020: €2.57M
2021: €2.57M
2022: €3.18M
2023: €4.13M
2024: €3.51M
2019 → 2025
Net result
€18k▲ 25.1%
2024 · €14k
2019: €-4k
2020: €-26k
2021: €137k
2022: €228k
2023: €175k
2024: €14k
2019 → 2025
Working capital
€163k▼ 16.1%
2024 · €194k
2019: €172k
2020: €269k
2021: €158k
2022: €119k
2023: €463k
2024: €194k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€361k-€586k▲ 62.5%€758k▲ 29.4%€770k▲ 1.5%€785k▲ 1.9%
Operating result€190k-€281k▲ 48.0%€236k▼ 16.2%€77k▼ 67.4%€71k▼ 7.3%
Net result€137k-€228k▲ 66.4%€175k▼ 23.3%€14k▼ 91.9%€18k▲ 25.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.55M
Fixed assets
€2.42M▼ 9.5%
Current assets
€1.13M▲ 34.4%
Equity and liabilities €3.55M
Equity
€785k▲ 1.9%
Provisions
€22k=
Debt
€2.74M▲ 0.8%
The debt ratio falls from 77.5% to 77.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€384k▼
2024 · €412k
Cash flow
€330k▼
2024 · €349k
Solvency
22.1%▲
2024 · 21.9%
Current ratio
1.17▼
2024 · 1.30
Quick ratio
0.90▲
2024 · 0.89
Debt / equity
3.50▼
2024 · 3.53
ROE
2.3%▲
2024 · 1.8%
ROA
0.5%▲
2024 · 0.4%
Interest coverage
6.43▲
2024 · 6.30
Debt
€2.74M▲
2024 · €2.72M
Debt ≤ 1 year
€972k▲
2024 · €650k
Debt > 1 year
€1.77M▼
2024 · €2.04M
Income taxes
€-678▼
2024 · €1k
Staff costs
€851k▼
2024 · €863k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.51M€3.55M▲
Fixed assets21/28€2.67M€2.42M▼
Intangible fixed assets21€76k€69k▼
Tangible fixed assets22/27€2.58M€2.33M▼
Land and buildings22€1.77M€1.68M▼
Plant, machinery and equipment23€435k€368k▼
Furniture and vehicles24€102k€53k▼
Leasing and similar rights25€161k€142k▼
Other tangible fixed assets26€106k€86k▼
Financial fixed assets28€16k€16k=
Current assets29/58€844k€1.13M▲
Stocks and contracts in progress3€268k€264k▼
Stocks30/36€268k€264k▼
Amounts receivable within one year40/41€384k€639k▲
Trade receivables40€375k€631k▲
Other amounts receivable41€8k€8k▼
Cash at bank and in hand54/58€107k€160k▲
Deferred charges and accrued income490/1€86k€72k▼
Equity and liabilities
Total equity and liabilities10/49€3.51M€3.55M▲
Equity10/15€770k€785k▲
Contributions10/11€177k€177k=
Capital10€177k€177k=
Issued capital100€177k€177k=
Reserves13€423k€594k▲
Non-distributable reserves130/1€18k€18k=
Legal reserve130€18k€18k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€402k€573k▲
Profit (loss) carried forward14€154k€0▼
Investment grants15€16k€13k▼
Provisions and deferred taxes16€22k€22k=
Provisions for liabilities and charges160/5€22k€22k=
Environmental obligations163€22k-
Other liabilities and charges164/5-€22k
Amounts payable17/49€2.72M€2.74M▲
Amounts payable after more than one year17€2.04M€1.77M▼
Financial debts170/4€2.04M€1.77M▼
Amounts payable within one year42/48€650k€972k▲
Current portion of amounts payable after more than one year42€317k€333k▲
Financial debts43€23k€50k▲
Credit institutions430/8€23k€50k▲
Trade debts44€191k€416k▲
Suppliers440/4€191k€416k▲
Taxes, remuneration and social security45€109k€159k▲
Taxes450/3€27k€29k▲
Remuneration and social security454/9€81k€130k▲
Other amounts payable47/48€10k€14k▲
Accrued charges and deferred income492/3€34k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€71k€0▼
Remuneration, social security and pensions62€863k€851k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€335k€313k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-121k€0▲
Other operating charges640/8€26k€17k▼
Gross operating margin9900€1.18M€1.26M▲
Operating profit (loss)9901€77k€71k▼
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€65k€60k▼
Recurring financial charges65€65k€60k▼
Profit (loss) for the period before taxes9903€15k€17k▲
Income taxes67/77€1k€-678▼
Profit (loss) for the period9904€14k€18k▲
Profit (loss) for the period to be appropriated9905€14k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€154k€172k▲
Profit (loss) brought forward from the previous period14P€140k€154k▲
Transfer to equity691/2-€172k
To other reserves6921-€172k
Social balance
Average headcount (FTE)908714.213.1▼
The notes to these accounts (21 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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €228k ▲66.4%
Operating result €281k, net result €228k, both a record.
30-06
Financial
Equity above €500kEq €586k ▲62.5%
2 profitable years in a row build equity to €586k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €137k
Net result €137k after 2 loss-making years.
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
30-06
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-06
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.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are 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, Malle · 1 establishment unit since 1984
Ground area
1.0 ha
Building footprint
3,679 m²
Parcel 11049B0055/02C002, Flanders. Linked by address, not a title deed.
1 establishment unit
DE BRUYN
since 19842.024.900.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049B0055/02C002 | Flanders | 1.0 ha | 1 · 3,679 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 119,673 EUR awarded · 105,986 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,926 EUR | 5,926 EUR |
| 2024 | 2 | 17,363 EUR | 39,481 EUR |
| 2023 | 4 | 27,605 EUR | 41,529 EUR |
| 2022 | 4 | 68,779 EUR | 19,050 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Ecologiepremie+
Call groene stroom (stopgezet)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 710 companies in sector 25510 we hold annual accounts for 409. 288 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-06-1984
Fiscal year end30-06
Activities, NACEBEL
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
28510
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.