DE BRUYNE
ActiveSummary
DE BRUYNE has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.27M and a net result of €-19k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 83% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 2.3 in 2024; short-term debt: 12.5% and cash: 0.9% of total assets), and 23.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
76.9%
Return on assets
-1.2%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
9 d early
2023
34 d early
2022
20 d early
2021
5 d early
2020
29 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-19k▼ 189%
2024 · €-7k
2018: €-122k
2019: €-142k▼ -17.0% vs 2018lowest in 8 years
2020: €-141k▲ +1.4% vs 2019
2021: €124k▲ +188% vs 2020
2022: €182k▲ +46.7% vs 2021highest in 8 years
2023: €-20k▼ -111% vs 2022
2024: €-7k▲ +67.9% vs 2023
2025: €-19k▼ -189% vs 2024
2018 → 2025
Working capital
€171k▼ 21.4%
2024 · €218k
2018: €377khighest in 8 years
2019: €216k▼ -42.8% vs 2018
2020: €95k▼ -55.8% vs 2019lowest in 8 years
2021: €206k▲ +116% vs 2020
2022: €368k▲ +79.2% vs 2021
2023: €203k▼ -45.0% vs 2022
2024: €218k▲ +7.6% vs 2023
2025: €171k▼ -21.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.13M-€1.31M▲ 16.1%€1.29M▼ 1.6%€1.29M▼ 0.5%€1.27M▼ 1.5%
2021: €1.13Mlowest in 5 years
2022: €1.31M▲ +16.1% vs 2021highest in 5 years
2023: €1.29M▼ -1.6% vs 2022
2024: €1.29M▼ -0.5% vs 2023
2025: €1.27M▼ -1.5% vs 2024
Operating result€127k-€183k▲ 43.5%€-22k€-3k▲ 85.6%€-17k▼ 433%
2021: €127k
2022: €183k▲ +43.5% vs 2021highest in 5 years
2023: €-22k▼ -112% vs 2022lowest in 5 years
2024: €-3k▲ +85.6% vs 2023
2025: €-17k▼ -433% vs 2024
Net result€124k-€182k▲ 46.7%€-20k€-7k▲ 67.9%€-19k▼ 189%
2021: €124k
2022: €182k▲ +46.7% vs 2021highest in 5 years
2023: €-20k▼ -111% vs 2022lowest in 5 years
2024: €-7k▲ +67.9% vs 2023
2025: €-19k▼ -189% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €3k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.65M
Fixed assets
€1.27M ▲ 1.5%
Current assets
€378k ▼ 1.9%
Equity and liabilities €1.65M
Equity
€1.27M ▼ 1.5%
Provisions
€15k ▼ 31.8%
Debt
€364k ▲ 11.7%
Debt's share of the balance-sheet total rises from 19.9% to 22.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€63k▼
2024 · €75k
Cash flow
€61k▼
2024 · €71k
Current ratio
1.83▼
2024 · 2.30
Quick ratio
1.00▼
2024 · 1.45
Debt to equity
0.29▲
2024 · 0.25
ROE
-1.5%▼
2024 · -0.5%
ROA
-1.2%▼
2024 · -0.4%
Interest coverage
6.97▼
2024 · 9.53
Debt ≤ 1 year
€207k▲
2024 · €167k
Debt > 1 year
€158k▼
2024 · €159k
Income taxes
€507▼
2024 · €4k
Staff costs
€187k▲
2024 · €151k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.64M€1.65M▲
Fixed assets21/28€1.25M€1.27M▲
Intangible fixed assets21-€25k
Tangible fixed assets22/27€1.25M€1.24M▼
Land and buildings22€1.10M€1.05M▼
Plant, machinery and equipment23€78k€135k▲
Furniture and vehicles24€75k€54k▼
Financial fixed assets28€535€535=
Current assets29/58€385k€378k▼
Stocks and contracts in progress3€143k€171k▲
Stocks30/36€143k€171k▲
Amounts receivable within one year40/41€229k€178k▼
Trade receivables40€75k€72k▼
Other amounts receivable41€154k€106k▼
Cash at bank and in hand54/58€2k€15k▲
Deferred charges and accrued income490/1€11k€14k▲
Equity and liabilities
Total equity and liabilities10/49€1.64M€1.65M▲
Equity10/15€1.29M€1.27M▼
Contributions10/11€365k€365k=
Capital10€365k€365k=
Issued capital100€365k€365k=
Reserves13€921k€902k▼
Non-distributable reserves130/1€37k€37k=
Legal reserve130€37k€37k=
Tax-exempt reserves132€99k€77k▼
Distributable reserves133€786k€788k▲
Provisions and deferred taxes16€23k€15k▼
Deferred taxes168€23k€15k▼
Amounts payable17/49€326k€364k▲
Amounts payable after more than one year17€159k€158k▼
Financial debts170/4€159k€158k▼
Amounts payable within one year42/48€167k€207k▲
Current portion of amounts payable after more than one year42€30k€37k▲
Financial debts43€22k€2k▼
Credit institutions430/8€22k€2k▼
Trade debts44€100k€128k▲
Suppliers440/4€100k€128k▲
Taxes, remuneration and social security45€12k€19k▲
Taxes450/3€1k-
Remuneration and social security454/9€11k€19k▲
Other amounts payable47/48€4k€21k▲
Income statement
Code20242025
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€151k€187k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€80k▲
Other operating charges640/8€13k€16k▲
Gross operating margin9900€238k€266k▲
Operating profit (loss)9901€-3k€-17k▼
Financial income75/76B€833€358▼
Recurring financial income75€833€358▼
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€-10k€-26k▼
Transfer from deferred taxes780€7k€7k=
Income taxes67/77€4k€507▼
Profit (loss) for the period9904€-7k€-19k▼
Transfer from tax-exempt reserves789€22k€22k=
Profit (loss) for the period to be appropriated9905€15k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€3k▼
Transfer to equity691/2€15k€3k▼
To other reserves6921€15k€3k▼
Social balance
Average headcount (FTE)90872.22.6▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14k | €10k | - | - |
| Remuneration, social security and pensions62 | €118k | €124k | €154k | €151k | €187k | ▲ 23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54k | €53k | €64k | €78k | €80k | ▲ 3.3% |
| Other operating charges640/8 | €11k | €14k | €16k | €13k | €16k | ▲ 24.4% |
| Gross operating margin9900 | €310k | €373k | €212k | €238k | €266k | ▲ 11.7% |
| Operating profit (loss)9901 | €127k | €183k | €-22k | €-3k | €-17k | ▼ 433% |
| Financial income75/76B | €910 | €1k | €878 | €833 | €358 | ▼ 57.0% |
| Recurring financial income75 | €910 | €1k | €878 | €833 | €358 | ▼ 57.0% |
| Financial charges65/66B | €11k | €9k | €6k | €8k | €9k | ▲ 16.1% |
| Recurring financial charges65 | €11k | €9k | €6k | €8k | €9k | ▲ 16.1% |
| Profit (loss) for the period before taxes9903 | €117k | €175k | €-27k | €-10k | €-26k | ▼ 152% |
| Transfer from deferred taxes780 | €7k | €7k | €7k | €7k | €7k | = |
| Income taxes67/77 | €146 | €154 | €328 | €4k | €507 | ▼ 85.9% |
| Profit (loss) for the period9904 | €124k | €182k | €-20k | €-7k | €-19k | ▼ 189% |
| Transfer from tax-exempt reserves789 | €22k | €22k | €22k | €22k | €22k | = |
| Profit (loss) for the period to be appropriated9905 | €145k | €203k | €1k | €15k | €3k | ▼ 82.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.60M | €1.72M | €1.67M | €1.64M | €1.65M | ▲ 0.7% |
| Fixed assets21/28 | €1.27M | €1.22M | €1.31M | €1.25M | €1.27M | ▲ 1.5% |
| Intangible fixed assets21 | - | - | - | - | €25k | - |
| Tangible fixed assets22/27 | €1.27M | €1.22M | €1.31M | €1.25M | €1.24M | ▼ 0.5% |
| Land and buildings22 | €1.22M | €1.18M | €1.14M | €1.10M | €1.05M | ▼ 3.9% |
| Plant, machinery and equipment23 | €40k | €38k | €77k | €78k | €135k | ▲ 73.6% |
| Furniture and vehicles24 | €1k | €1k | €93k | €75k | €54k | ▼ 28.0% |
| Financial fixed assets28 | €889 | €535 | €400 | €535 | €535 | = |
| Current assets29/58 | €338k | €494k | €362k | €385k | €378k | ▼ 1.9% |
| Stocks and contracts in progress3 | €46k | €50k | €48k | €143k | €171k | ▲ 19.5% |
| Stocks30/36 | €46k | €50k | €48k | €143k | €171k | ▲ 19.5% |
| Amounts receivable within one year40/41 | €281k | €242k | €298k | €229k | €178k | ▼ 22.4% |
| Trade receivables40 | €70k | €72k | €103k | €75k | €72k | ▼ 3.7% |
| Other amounts receivable41 | €211k | €170k | €195k | €154k | €106k | ▼ 31.4% |
| Cash at bank and in hand54/58 | €9k | €201k | €7k | €2k | €15k | ▲ 749% |
| Deferred charges and accrued income490/1 | €1k | €2k | €9k | €11k | €14k | ▲ 31.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.60M | €1.72M | €1.67M | €1.64M | €1.65M | ▲ 0.7% |
| Equity10/15 | €1.13M | €1.31M | €1.29M | €1.29M | €1.27M | ▼ 1.5% |
| Contributions10/11 | €365k | €365k | €365k | €365k | €365k | = |
| Capital10 | - | €365k | €365k | €365k | €365k | = |
| Issued capital100 | - | €365k | €365k | €365k | €365k | = |
| Reserves13 | €767k | €949k | €928k | €921k | €902k | ▼ 2.1% |
| Non-distributable reserves130/1 | €20k | €37k | €37k | €37k | €37k | = |
| Legal reserve130 | - | €37k | €37k | €37k | €37k | = |
| Reserves not available under the articles1311 | €20k | - | - | - | - | - |
| Tax-exempt reserves132 | €164k | €142k | €121k | €99k | €77k | ▼ 21.8% |
| Distributable reserves133 | €583k | €770k | €771k | €786k | €788k | ▲ 0.3% |
| Provisions and deferred taxes16 | €44k | €37k | €30k | €23k | €15k | ▼ 31.8% |
| Deferred taxes168 | €44k | €37k | €30k | €23k | €15k | ▼ 31.8% |
| Amounts payable17/49 | €428k | €365k | €349k | €326k | €364k | ▲ 11.7% |
| Amounts payable after more than one year17 | €296k | €240k | €189k | €159k | €158k | ▼ 0.7% |
| Financial debts170/4 | €296k | €240k | €189k | €159k | €158k | ▼ 0.7% |
| Amounts payable within one year42/48 | €132k | €126k | €160k | €167k | €207k | ▲ 23.6% |
| Current portion of amounts payable after more than one year42 | €61k | €56k | €50k | €30k | €37k | ▲ 23.0% |
| Financial debts43 | €4k | - | €38k | €22k | €2k | ▼ 93.1% |
| Credit institutions430/8 | €4k | - | €38k | €22k | €2k | ▼ 93.1% |
| Trade debts44 | €51k | €52k | €54k | €100k | €128k | ▲ 28.4% |
| Suppliers440/4 | €51k | €52k | €54k | €100k | €128k | ▲ 28.4% |
| Taxes, remuneration and social security45 | €17k | €16k | €15k | €12k | €19k | ▲ 64.2% |
| Taxes450/3 | €1k | €1k | - | €1k | - | - |
| Remuneration and social security454/9 | €15k | €14k | €15k | €11k | €19k | ▲ 80.9% |
| Other amounts payable47/48 | - | €2k | €2k | €4k | €21k | ▲ 426% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €124k | €182k | €-20k | €-7k | €-19k | ▼ 189% |
| + Depreciation and write-downs630 | €54k | €53k | €64k | €78k | €80k | ▲ 3.3% |
| Operating cash flow (approximation) | €178k | €235k | €43k | €71k | €61k | ▼ 13.9% |
| Investment in fixed assets (approximation) | - | €-8k | €-152k | €-19k | €-100k | ▼ 439% |
| Change in cash | - | €192k | €-194k | €-5k | €13k | ▲ 356% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €182k ▲46.7%
Operating result €183k, net result €182k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €124k
Net result €124k after 3 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-142k
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Temse · 1 establishment unit since 1990
Ground area
2.1 ha
Building footprint
5,203 m²
Volume, LiDAR
23,901 m³
2 parcels, Flanders · tallest building 21.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pontweg 5 A, 9140 Temse
since 19902.005.822.418
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46008A1076/00F000 | Flanders | 1.3 ha | 1 · 3,436 m² | 21.2 m · 1 fl. |
| 46008A1071/00F002 | Flanders | 7,665 m² | 1 · 1,767 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 · 4 entries · 2,665 EUR awarded · 2,634 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 765 EUR | 765 EUR |
| 2024 | 1 | 96 EUR | 96 EUR |
| 2023 | 1 | 1,699 EUR | 1,668 EUR |
| 2022 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 413 companies in sector 46872 we hold annual accounts for 218. 163 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-04-1971
Fiscal year end31-12
Activities, NACEBEL 2025
46872Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.