DE BRUYNE
ActiveDE BRUYNE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.07M and a net result of €970k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 311 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency97▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 3.47 against 3.53 in 2024; short-term debt: 26.7% and cash: 29.4% of total assets), and 28.5% 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○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
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
71.5%
Return on assets
22.6%
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
21 d early
2023
34 d early
2022
25 d early
2021
38 d early
2020
16 d early
2019
15 d early
← before the deadline
after the deadline →
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
22-09-2026 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
€970k▲ 7.9%
2024 · €898k
2018: €160k
2019: €307k
2020: €279k
2021: €553k
2022: €491k
2023: €533k
2024: €898k
2018 → 2025
Working capital
€2.83M▲ 25.8%
2024 · €2.25M
2018: €734k
2019: €1.33M
2020: €753k
2021: €1.31M
2022: €1.55M
2023: €1.97M
2024: €2.25M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.43M-€1.82M▲ 27.3%€2.20M▲ 20.4%€2.53M▲ 15.1%€3.07M▲ 21.4%
Operating result€792k-€697k▼ 12.0%€737k▲ 5.6%€1.26M▲ 70.7%€1.35M▲ 7.3%
Net result€553k-€491k▼ 11.3%€533k▲ 8.5%€898k▲ 68.7%€970k▲ 7.9%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.29M
Fixed assets
€316k▲ 8.6%
Current assets
€3.97M▲ 26.6%
Equity and liabilities €4.29M
Equity
€3.07M▲ 21.4%
Debt
€1.22M▲ 35.5%
The debt ratio rises from 26.3% to 28.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.46M▲
2024 · €1.35M
Cash flow
€1.08M▲
2024 · €994k
Solvency
71.5%▼
2024 · 73.7%
Current ratio
3.47▼
2024 · 3.53
Quick ratio
3.31▼
2024 · 3.33
Debt / equity
0.40▲
2024 · 0.36
ROE
31.6%▼
2024 · 35.6%
ROA
22.6%▼
2024 · 26.2%
Interest coverage
361.59▲
2024 · 266.27
Debt
€1.22M▲
2024 · €901k
Debt ≤ 1 year
€1.14M▲
2024 · €888k
Income taxes
€385k▲
2024 · €357k
Staff costs
€789k▲
2024 · €704k
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€3.43M€4.29M▲
Fixed assets21/28€291k€316k▲
Intangible fixed assets21€9k€6k▼
Tangible fixed assets22/27€283k€310k▲
Land and buildings22€36k€27k▼
Plant, machinery and equipment23€100k€125k▲
Furniture and vehicles24€147k€158k▲
Current assets29/58€3.14M€3.97M▲
Stocks and contracts in progress3€181k€186k▲
Stocks30/36€181k€186k▲
Amounts receivable within one year40/41€1.10M€2.12M▲
Trade receivables40€908k€1.97M▲
Other amounts receivable41€192k€153k▼
Current investments50/53€602k€356k▼
Cash at bank and in hand54/58€1.19M€1.26M▲
Deferred charges and accrued income490/1€63k€51k▼
Equity and liabilities
Total equity and liabilities10/49€3.43M€4.29M▲
Equity10/15€2.53M€3.07M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.46M€3.01M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€2.46M€3.00M▲
Amounts payable17/49€901k€1.22M▲
Amounts payable within one year42/48€888k€1.14M▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€264k€434k▲
Suppliers440/4€264k€434k▲
Taxes, remuneration and social security45€175k€281k▲
Taxes450/3€99k€199k▲
Remuneration and social security454/9€75k€82k▲
Other amounts payable47/48€447k€429k▼
Accrued charges and deferred income492/3€13k€77k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€704k€789k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€114k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€168k▲
Other operating charges640/8€13k€8k▼
Non-recurring operating charges66A€206€2k▲
Gross operating margin9900€2.07M€2.43M▲
Operating profit (loss)9901€1.26M€1.35M▲
Financial income75/76B€2k€9k▲
Recurring financial income75€2k€9k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€1.25M€1.35M▲
Income taxes67/77€357k€385k▲
Profit (loss) for the period9904€898k€970k▲
Profit (loss) for the period to be appropriated9905€898k€970k▲
Appropriation of the result
Profit (loss) to be appropriated9906€898k€970k▲
Transfer from equity791/2€417k€279k▼
Transfer to equity691/2€748k€820k▲
To other reserves6921€748k€820k▲
Profit to be distributed694/7€567k€429k▼
Return on contributions (dividend)694€417k€279k▼
Directors or managers695€150k€150k=
Social balance
Average headcount (FTE)908712.512.9▲
The notes to these accounts (11 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
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €970k ▲7.9%
Operating result €1.35M, net result €970k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2MEq €2.20M ▲20.4%
6 profitable years in a row build equity to €2.20M.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 3.30
Current ratio from 1.63 to 3.30; short-term debt falls from €1.19M to €568k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.16M ▲26.9%
2 profitable years in a row build equity to €1.16M.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 149 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Oudenaarde · 1 establishment unit since 1985
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.
Berchemweg 439700 OudenaardeGround area
995 m²
Parcel 45023A1483/03A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Berchemweg 43, 9700 Oudenaarde
since 19852.026.826.975
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45023A1483/03A000 | Flanders | 995 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 · 2 entries · 1,395 EUR awarded · 1,395 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 75 EUR | 75 EUR |
| 2022 | 1 | 1,320 EUR | 1,320 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOudenaarde2.026.826.975
Dual-learning approval
2 live approvals · 5 endedLasser-monteerder (vwo)
Lasser-monteerder duaal (so)
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Of 263 companies in sector 28300 we hold annual accounts for 197. 130 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-04-1985
Fiscal year end31-12
Activities, NACEBEL
28300Manufacture of machinery and equipment not elsewhere classified
29310
29321
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.