De Coninck
ActiveSummary
De Coninck has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154k and a net result of €1.17M. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 11% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency34▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.07 in 2024; short-term debt: 86.5% and cash: 62.3% of total assets), and 91% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
9%
Return on assets
68.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 2056 sector peers (2025).
NBB · sector comparisonPosition among 2056 sector peers
Solvency
better than 11%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
17 d early
2023
7 d early
2022
11 d early
2021
20 d early
2020
36 d early
2019
1 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
€1.17M▲ 40.8%
2024 · €832k
Working capital
€79k▲ 11.5%
2024 · €71k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€908k▲ 117%€554k▼ 39.0%€768k▲ 38.5%€817k▲ 6.4%€1.14M▲ 39.7%
Net result€930k▲ 116%€577k▼ 38.0%€779k▲ 35.0%€832k▲ 6.7%€1.17M▲ 40.8%
Equity€133k=€135k▲ 1.6%€151k▲ 12.4%€153k▲ 1.1%€154k▲ 0.6%
Total assets€791k▲ 29.6%€1.04M▲ 31.7%€1.18M▲ 12.8%€1.25M▲ 6.5%€1.71M▲ 37.0%
Debt€659k▲ 37.7%€907k▲ 37.7%€1.02M▲ 12.9%€1.10M▲ 7.2%€1.56M▲ 42.0%
Working capital€87k▼ 8.7%€76k▼ 11.9%€71k▼ 6.3%€71k▼ 1.3%€79k▲ 11.5%
Staff (FTE)7.9▲ 43.6%8.4▲ 6.3%8.2▼ 2.4%9▲ 9.8%10▲ 11.1%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.71M
Fixed assets
€153k ▲ 0.4%
Current assets
€1.56M ▲ 42.0%
Equity and liabilities €1.71M
Equity
€154k ▲ 0.6%
Debt
€1.56M ▲ 42.0%
Debt's share of the balance-sheet total rises from 87.8% to 91.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.18M▲
2024 · €851k
Cash flow
€1.21M▲
2024 · €866k
Current ratio
1.05▼
2024 · 1.07
Quick ratio
1.02▼
2024 · 1.02
Debt to equity
10.13▲
2024 · 7.18
ROE
760.1%▲
2024 · 543.4%
ROA
68.3%▲
2024 · 66.5%
Interest coverage
160.56▲
2024 · 98.85
Debt ≤ 1 year
€1.48M▲
2024 · €1.03M
Debt > 1 year
€77k▲
2024 · €70k
Income taxes
€8k▲
2024 · €7k
Staff costs
€697k▲
2024 · €646k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €417k | €474k | €460k | €646k | €697k | ▲ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €23k | €32k | €34k | €38k | ▲ 10.4% |
| Other operating charges640/8 | €4k | €6k | €6k | €6k | €9k | ▲ 48.2% |
| Gross operating margin9900 | €1.35M | €1.06M | €1.27M | €1.50M | €1.88M | ▲ 25.4% |
| Operating profit (loss)9901 | €908k | €554k | €768k | €817k | €1.14M | ▲ 39.7% |
| Financial income75/76B | €30k | €32k | €30k | €30k | €45k | ▲ 48.2% |
| Recurring financial income75 | €30k | €32k | €30k | €30k | €45k | ▲ 48.2% |
| Financial charges65/66B | €7k | €7k | €13k | €9k | €7k | ▼ 14.7% |
| Recurring financial charges65 | €7k | €7k | €13k | €9k | €7k | ▼ 14.7% |
| Profit (loss) for the period before taxes9903 | €932k | €580k | €784k | €838k | €1.18M | ▲ 40.6% |
| Income taxes67/77 | €2k | €3k | €5k | €7k | €8k | ▲ 16.8% |
| Profit (loss) for the period9904 | €930k | €577k | €779k | €832k | €1.17M | ▲ 40.8% |
| Profit (loss) for the period to be appropriated9905 | €930k | €577k | €779k | €832k | €1.17M | ▲ 40.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €791k | €1.04M | €1.18M | €1.25M | €1.71M | ▲ 37.0% |
| Fixed assets21/28 | €165k | €177k | €178k | €152k | €153k | ▲ 0.4% |
| Tangible fixed assets22/27 | €165k | €177k | €178k | €152k | €152k | ▲ 0.1% |
| Land and buildings22 | €148k | €134k | €121k | €107k | €94k | ▼ 12.7% |
| Plant, machinery and equipment23 | €2k | €761 | - | €1k | €2k | ▲ 51.5% |
| Furniture and vehicles24 | €10k | €38k | €53k | €41k | €54k | ▲ 33.8% |
| Other tangible fixed assets26 | €5k | €4k | €4k | €3k | €2k | ▼ 20.8% |
| Financial fixed assets28 | - | - | - | - | €363 | - |
| Current assets29/58 | €627k | €865k | €998k | €1.10M | €1.56M | ▲ 42.0% |
| Stocks and contracts in progress3 | €45k | €70k | €50k | €50k | €50k | = |
| Stocks30/36 | €45k | €70k | €50k | €50k | €50k | = |
| Amounts receivable within one year40/41 | €174k | €623k | €769k | €851k | €433k | ▼ 49.1% |
| Trade receivables40 | €169k | €218k | €190k | €346k | €203k | ▼ 41.4% |
| Other amounts receivable41 | €4k | €405k | €580k | €505k | €230k | ▼ 54.4% |
| Cash at bank and in hand54/58 | €408k | €172k | €178k | €198k | €1.07M | ▲ 439% |
| Deferred charges and accrued income490/1 | - | - | - | - | €10k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €791k | €1.04M | €1.18M | €1.25M | €1.71M | ▲ 37.0% |
| Equity10/15 | €133k | €135k | €151k | €153k | €154k | ▲ 0.6% |
| Contributions10/11 | €6k | €6k | €62k | €62k | €62k | = |
| Capital10 | - | - | €62k | €62k | €62k | = |
| Issued capital100 | - | - | €62k | €62k | €62k | = |
| Reserves13 | €102k | €102k | €63k | €63k | €63k | = |
| Non-distributable reserves130/1 | €2k | €2k | €6k | €6k | €6k | = |
| Legal reserve130 | - | - | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €100k | €100k | €57k | €57k | €57k | = |
| Profit (loss) carried forward14 | €25k | €27k | €27k | €28k | €29k | ▲ 3.5% |
| Amounts payable17/49 | €659k | €907k | €1.02M | €1.10M | €1.56M | ▲ 42.0% |
| Amounts payable after more than one year17 | €119k | €119k | €98k | €70k | €77k | ▲ 11.0% |
| Financial debts170/4 | €119k | €119k | €98k | €70k | €77k | ▲ 11.0% |
| Amounts payable within one year42/48 | €540k | €789k | €926k | €1.03M | €1.48M | ▲ 44.1% |
| Current portion of amounts payable after more than one year42 | €20k | €27k | €35k | €38k | €24k | ▼ 37.1% |
| Financial debts43 | €40k | - | - | - | - | - |
| Credit institutions430/8 | €40k | - | - | - | - | - |
| Trade debts44 | €79k | €127k | €85k | €124k | €247k | ▲ 99.0% |
| Suppliers440/4 | €79k | €127k | €85k | €124k | €247k | ▲ 99.0% |
| Advances received on contracts in progress46 | €800 | - | - | - | €203 | - |
| Taxes, remuneration and social security45 | €18k | €33k | €11k | €14k | €19k | ▲ 35.0% |
| Taxes450/3 | €4k | €7k | - | €2k | €10k | ▲ 394% |
| Remuneration and social security454/9 | €13k | €26k | €11k | €12k | €9k | ▼ 22.7% |
| Other amounts payable47/48 | €382k | €601k | €795k | €853k | €1.19M | ▲ 39.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €930k | €577k | €779k | €832k | €1.17M | ▲ 40.8% |
| + Depreciation and write-downs630 | €17k | €23k | €32k | €34k | €38k | ▲ 10.4% |
| Operating cash flow (approximation) | €948k | €600k | €811k | €866k | €1.21M | ▲ 39.6% |
| Investment in fixed assets (approximation) | - | €-36k | €-33k | €-8k | €-38k | ▼ 351% |
| Change in cash | - | €-237k | €7k | €20k | €870k | ▲ 4,306% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €1.17M ▲40.8%
Operating result €1.14M, net result €1.17M, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €151k ▲12.4%
6 profitable years in a row build equity to €151k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
31-07
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 4 acts read
About the unread acts
We know of 4 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
4 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, Sint-Katelijne-Waver · 1 establishment unit since 2006
Ground area
1,765 m²
Building footprint
155 m²
Volume, LiDAR
1,082 m³
Parcel 12035E0255/02X002, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
De Coninck
since 20062.152.022.895
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035E0255/02X002 | Flanders | 1,765 m² | 1 · 155 m² | 13.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 · 4 entries · 5,995 EUR awarded · 5,793 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,329 EUR | 2,136 EUR |
| 2024 | 1 | 3,234 EUR | 3,234 EUR |
| 2022 | 1 | 432 EUR | 423 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
6 live approvals · 2 endedBrandertechnicus gas/stookolie duaal (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Technicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
Vakman installatietechnieken (vwo)
Show 2 ended approvals
Technicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,664. 4,892 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
Founded12-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
46150Agents in the wholesale of furniture, household goods and hardware
46842Wholesale trade
81220Other building cleaning and industrial cleaning
95290Repair and maintenance of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.