Equity
€45,104 from €193,354 in 2013
Equity fell by 77% in 12 years.
DE GREEF
Lifetime
20 annual accounts with figures on one time axis, 42 filings since 1984peak €78,289 (2011)
-€39,655▼ €24,065
lowest -€115,371 (2025)
-€115,371▼ €97,707
peak €193,354 (2013)
€45,104▼ 71.9%
€185▼ 93.3%
peak 1 FTE (2006)
-not published
Board2 names since 2020
1 directorDE GREEF RUDY
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from -€15,591 to -€39,655Loss of €115,371Equity from €160,475 to €45,104Debts from €2,780 to €185Cash from €15,024 to €8,532
Key points
from the 2025 annual accountsResult
-€115,371 ▼ 553%
The result fell in 2025 from -€17,664 to -€115,371.
Position in the sector
-€115,371
Lower net result than 95% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Turnover not published (micro format)
Checked score
55
Fair
Financially stronger than 43% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025lowest value
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 1.2%▲ +0.7 percentage points vs 08-2025highest value
10-2025: 1.2%● unchanged vs 09-2025highest value
11-2025: 1.2%● unchanged vs 10-2025highest value
12-2025: 1.2%● unchanged vs 11-2025highest value
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.1%▼ -0.1 percentage points vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%▼ -0.1 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 0.6%▼ -0.5 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €115,371, the second in a row (financial year 2025)
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 244.91, cash €8,532
Equity €45,104 (99.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 72% on liquidity, 4% on profitability and 6% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as DE GREEF has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DE GREEF itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for DE GREEF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Short-term debt is 0.4% and cash 18.8% of total assets. 0.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€115,371
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 days early
2024
28 days late
2023
55 days late
2022
60 days late
2021
29 days late
2020
31 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 41 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointment: DE GREEF RUDOLF (manager)
General meeting of 20 05 2020 · Gazette deed
First establishment
PVBA DE GREEF, Leopoldstraat 56, Zemst
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DE GREEF Zemst | - | - | 99.6% | - |
| DEBY ET FILS Verviers | - | - | -497.8% | - |
| ELECTRONIC BUILDING BLOCKS Wezembeek-Oppem | €5,572 | - | 99.4% | - |
| EMA CONSTRUCT Heusden-Zolder | - | - | 96.6% | - |
| Pulsations Lessines | - | - | -33.8% | - |
| Catra Chaumont-Gistoux | - | - | 48.4% | - |
| ELECTROSPACE Koekelberg | €13,143 | 13.8% | -48.4% | - |
These companies have the same main activity as DE GREEF: other construction installation (NACE 43240). They are comparable in size and age: total assets between €49,900 and €66,400, founded between 1982 and 1991.
Official details
Source: KBO- Status
- Active since 18-05-1983Normal situation
- Activity
- Other construction installationNACE 43240and 3 others
- Establishment unit
- 2.022.740.3071980 Zemst, since 01-07-1983
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €45,289▼ 72.3%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on DE GREEF
DE GREEF files the micro format. That format states no turnover. The gross margin fell from €49,601 in 2006 to -€39,655 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DE GREEF
- What is the company number of DE GREEF?
- The company number of DE GREEF is 0424.191.193. The VAT number is the same number with BE in front: BE 0424.191.193.
- Where is DE GREEF based?
- The registered office is at Leopoldstraat 72, 1980 Zemst.Company details
- What does DE GREEF do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of DE GREEF?
- DE GREEF is a private limited company (pre-2019) (BVBA).
- When was DE GREEF founded?
- DE GREEF was founded on 18-05-1983.
- Is DE GREEF still active?
- Yes, DE GREEF is an active enterprise in the KBO register.
- What is the turnover of DE GREEF?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is DE GREEF profitable?
- In financial year 2025, DE GREEF made a loss of €115,371.
- Where can I find the annual accounts of DE GREEF?
- DE GREEF filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DE GREEF due?
- DE GREEF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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