De Ceunynck Services
The computed 12-month bankruptcy probability of De Ceunynck Services is 0.5% (very low). The 2023 annual accounts show equity of €1.57M and a net result of €232k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 135 sector peers (fiscal year 2023). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.57M |
| Net result | €232k |
| Better than sector | 70% |
| Active | 37 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.6% | 25.1% | |
| Net result | €232k | €20k | |
| Equity | €1.57M | €120k | |
| Gross operating margin | €1.46M | €154k | |
| Staff costs | €-20k | €130k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €1.47M |
| Net profit | €232k |
| Cash flow | €1.36M |
| Staff costs | €-20k |
| Income taxes | €86k |
| Dividends | - |
| Total assets | €3.30M |
| Equity | €1.57M |
| Debt | €1.73M |
| of which ≤ 1y | €1.73M |
| of which > 1y | - |
| Working capital | €-286k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.83 |
| Quick ratio | 0.83 |
| Working capital ratio | -8.7% |
| Solvency | 47.6% |
| Debt / equity | 1.10 |
| Long-term debt ratio | - |
| Interest coverage | 30.49 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.0% |
| ROE | 14.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.30M |
| Fixed assets | 21/28 | €1.86M |
| Tangible fixed assets | 22/27 | €1.85M |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €1.45M |
| Amounts receivable within one year | 40/41 | €393k |
| Cash & bank | 54/58 | €1.05M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.30M |
| Equity | 10/15 | €1.57M |
| Contributions / capital | 10/11 | €310k |
| Reserves | 13 | €55k |
| Accumulated profits (losses) | 14 | €1.21M |
| Amounts payable | 17/49 | €1.73M |
| Amounts payable within one year | 42/48 | €1.73M |
| Trade debts payable within one year | 44 | €332k |
| Income statement | ||
| Gross operating margin | 9900 | €1.46M |
| Operating result | 9901 | €349k |
| Financial income | 75 | €18k |
| Financial charges | 65 | €48k |
| Result before taxes | 9903 | €318k |
| Income taxes | 67/77 | €86k |
| Net result for the period | 9904 | €232k |
| Result to be appropriated | 9905 | €232k |
| NACE primary | Renting & leasing(77225) |
| Legal form | Public limited company(014) |
| Incorporation | 02-11-1988 |
| Status | Active |
| Postal code | 2630 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0084/00G000 | Flanders | 4,914 m² | 1 · 2,195 m² | 8.2 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-05-2025 2 directors appointed, 1 resigning
- Erik De Ceunynck, Bestuurder
- Philip Merckx, Bestuurder
- Jozef Van Dam, Bestuurder
Technical details
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"pub_date": "2025-05-23",
"filing_date": "2015-05-14",
"act_kind_objet": "Onderwerp akte:"
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | De Ceunynck Services |