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DE CONINCK

Active
Public limited companyfounded 197749 yrs activeChaussée de Bruxelles 37, 1410 Waterloo, BelgiumKBO/BCE: BE 0417.546.891
Summary

DE CONINCK has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.9m and a net result of €266,397. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 6016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
DE CONINCKActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of beverages, general range
NACE 46349NACE 51340
#7 company by staff growth in Waterloo7 sites
Size
€13.9mturnover 2025
Staff
30.1 FTE
Equity
€5.9m
Profit
€266,397
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Holdings
1
Accounts 40 d early0 of 8 deeds read
Why 94+ Founded in 1977+ Equity €5.9m (54.4% of total assets)+ Legal form Public limited company+ Liquidity: current ratio 2.61, cash €987,824Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 79+3
equity 54.4% of total assets
Liquidity 48-1
short-term debt 31.3% · cash 9.2%
Profitability 63-8
return on assets 2.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,378 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%▲ +7.3% vs 11-2024 01-2025: 0.1%▼ -11.9% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: < 0.1%▼ -3.8% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%▲ +2.0% vs 10-2025 12-2025: 0.1%▲ +2.0% vs 11-2025 01-2026: 0.1%▲ +88.5% vs 12-2025highest value 02-2026: 0.1%● 0.0% vs 01-2026highest value 03-2026: 0.1%● 0.0% vs 02-2026highest value 04-2026: 0.1%● 0.0% vs 03-2026highest value 05-2026: 0.1%● 0.0% vs 04-2026highest value 06-2026: 0.1%● 0.0% vs 05-2026highest value 07-2026: 0.1%● 0.0% vs 06-2026highest value 08-2026: 0.1%▼ -4.1% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Founded in 1977 lowers the probability for this profile
  • Equity €5.9m (54.4% of total assets) lowers the probability
  • Legal form Public limited company lowers the probability
  • Liquidity: current ratio 2.61, cash €987,824 lowers the probability
Credit up to €550,000 at 30 days acceptable
Liquidity ample (current ratio 2.61 against 2.44 in 2024; short-term debt: 31.3% and cash: 9.2% of total assets), and 45.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 63%, liquidity 58%, profitability 49%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Founded in 1977
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €5.9m (54.4% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.61, cash €987,824
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 filings
Deviation from the deadline
2025
40 d early
2024
44 d early
2023
42 d early
2022
42 d early
2021
34 d early
2020
48 d early
2019
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 20 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet €266,397 ▼62.7%
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: Result fell in 2025from €714,416 to €266,397 ▼ 62.7% View
  • Positive: Company by staff growth in Waterlooin the Checked rankings #7 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €266,397 7 years View
  • Active since 1977founded 29-06-1977 49 years View

By topic

Financials

Fiscal year
2025
Turnover
€13.9m
Profit
€266,397
Solvency
54.4%
Turnover▼ 0.3%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-01-2027
  1. 22-12-2025Annual accounts filed
  2. 30-06-2025Weakest financial year
  3. 18-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
7
Legal form
Public limited company
Activity
Wholesale of beverages, general rangeNACE 46349
Founded
29-06-1977
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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