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DE DECKER - VAN RIET

Active
Private limited company (pre-2019)founded 1976active for 50 yearsKouterbaan 40, 1840 Londerzeel, BelgiumKBO/BCE: BE 0416.788.709
Summary

The computed 12-month bankruptcy probability of DE DECKER - VAN RIET is 3.4% (moderate). The 2024 annual accounts show negative equity (-€933,476) and a net result of -€467,689. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 8% of 1,124 sector peers (NACE 49, financial year 2024). The company has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
Largest company by total assets in Londerzeel, Transport and storage sector1 site
Size
€21.9mturnover 2024
Staff
102.7 FTE
Equity
-€933,476
Loss
-€467,689
Standalone figures, without subsidiaries
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.4%
Structure
Largest shareholder
MAVICO INVESTMENTS · 50%
Accounts 73 days overdue0 of 11 deeds read
Why 48raises riskLiquidity: current ratio 0.78, cash €383,454Negative equity -€933,476Sector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1976Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 49, medium-sized)
Financial strength · tick = 2023
Weak
Solvency 21-1
equity -4.5% of total assets
Liquidity 2-4
short-term debt 89.9% · cash 1.8%
Profitability 42+40
return on assets -2.2%
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (274 companies, NACE 49, medium-sized)
Last 24 months 11-2024: 4.7% 12-2024: 7.5%▲ +2.8 percentage points vs 11-2024 01-2025: 7.5%● unchanged vs 12-2024 02-2025: 7.3%▼ -0.2 percentage points vs 01-2025 03-2025: 7.3%● unchanged vs 02-2025 04-2025: 7.3%● unchanged vs 03-2025 05-2025: 7.3%● unchanged vs 04-2025 06-2025: 7.4%▲ +0.1 percentage points vs 05-2025 07-2025: 7.6%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 6.9%▼ -0.7 percentage points vs 07-2025 09-2025: 6.5%▼ -0.4 percentage points vs 08-2025 10-2025: 5.5%▼ -1.0 percentage point vs 09-2025 11-2025: 2.9%▼ -2.6 percentage points vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.8%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 2.8%● unchanged vs 02-2026 04-2026: 2.8%● unchanged vs 03-2026 05-2026: 2.8%● unchanged vs 04-2026 06-2026: 2.9%▲ +0.1 percentage points vs 05-2026 07-2026: 2.8%▼ -0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +0.4 percentage points vs 07-2026 09-2026: 3.5%▲ +0.3 percentage points vs 08-2026 10-2026: 3.4%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.78, compared with 0.82 in 2023; short-term debt: 89.9% and cash: 1.8% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized): better than 6% on solvency, 7% on liquidity, 20% on profitability and 36% on growth.

The bankruptcy probability was computed on 11-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.78, cash €383,454
NBB · annual accounts
raises risk · Negative equity -€933,476
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1976
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€933,476
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
64 days late
2023
104 days late
2022
59 days late
2021
61 days late
2020
16 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 45 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · consolidated…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€933,476 View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€467,689 View
  • Caution: Equity fell in 2024from -€465,786 to -€933,476 ▼ 100% View
  • Caution: Among the weakest 5% on net resultsector median €44,584 · 1,122 companies -€467,689 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Flemish supportawarded from 2022 to 2025 €445,786 View
  • Active since 1976founded 11-10-1976 50 years View

By topic

Financials

Financial year
2024
Turnover
€21.9m
Loss
-€467,689
Solvency
-4.5%
Turnover▲ 6.2%
Net result
20182024
Go to Financials

Timeline

Events
54
Since
1978
  1. 12-11-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 28-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Freight transport by roadNACE 49410
Founded
11-10-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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