DE KLAPPER
ActiveFrom the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DE KLAPPER has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €732,853 and a net result of -€13,265. Equity has been shrinking by about 6.5% per year since 2018. Its solvency ranks better than 90% of 191 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 08-08-1990 Normal situation
- Activity
- Other publishing activities, excluding software publishing NACE 58190
- Establishment unit
- 2.189.079.865 9900 Eeklo, since 01-11-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €149,009
- ▲ 4.2%
- Turnover
- ≈ €380,000
- estimated
- Loss
- €13,265
- ▼ 60.0%
- Equity
- €732,853
- ▼ 5.0%
- Total assets
- €850,488
- ▼ 2.1%
- Staff
- 2.5 FTE
- ▼ 3.8%
Score breakdownlowers riskEquity €732,853 (86.2% of total assets)Founded in 1990Size: 2.5 FTE, total assets €850,488Sector: Publishing activities (NACE 58)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 58, micro). It does better than 87% of them on solvency, 55% on liquidity, 46% on profitability and 37% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 09-07-2026 at the NBB all 35 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €14,305, smaller than the loss of €33,150 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Publishing activities (NACE 58). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Comparable companies
These companies have the same main activity as DE KLAPPER: other publishing activities, excluding software publishing (NACE 58190). They are comparable in size and age: total assets between €401,000 and €2.2m, founded between 1982 and 2001.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| DE KLAPPER Eeklo | 1990 | €0.9m | €0.7m | €0.1m | -€0.01m | 2.5 | 2025 |
| ACTIGROUP Ganshoren | 1993 | €0.8m | -€0.2m | €0.2m | -€0.08m | 1.8 | 2025 |
| IDEALOGY Schaarbeek | 1990 | €0.4m | €0.2m | €0.2m | -€0.03m | 2.7 | 2025 |
| T-Traders Kapellen | 1996 | €1.8m | €0.6m | €0.2m | €0.03m | 2.2 | 2025 |
| ARTS ANTIQUES AUCTIONS Gent | 1987 | €1.1m | €0.7m | €0.04m | €0.03m | 1 | 2025 |
| Groupe Lemaitre Publishing Onhaye | 1982 | €0.8m | €0.5m | €0.4m | €0.2m | 1 | 2025 |
| european business angel network Brussel | 2001 | €2.2m | €0.9m | €0.4m | €0.1m | 4 | 2025 |
They were chosen from the 213 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 12,322 companies had the same profile as DE KLAPPER has now. Two years later, 0.7% had gone bankrupt and 90.3% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DE KLAPPER itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 12,322 companies, not a prediction for DE KLAPPER. 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.
Subsidies and aid
Flemish government
2022 · 1 entry · €7,500 awarded · €7,500 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €89,215 | €147,059 | €150,882 | €151,268 | €138,438 | ▼ 8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,935 | €54,468 | €37,620 | €27,567 | €31,538 | €31,714 | €19,894 | €20,171 | ▲ 1.4% |
| Other operating charges640/8 | - | - | - | €17,424 | €34,672 | €7,926 | €5,034 | €4,704 | ▼ 6.5% |
| Non-recurring operating charges66A | - | - | - | €287 | €0 | - | - | - | - |
| Gross operating margin9900 | €657,953 | €573,706 | €90,284 | €140,176 | €203,304 | €27,084 | €143,046 | €149,009 | ▲ 4.2% |
| Operating profit (loss)9901 | €128,108 | €111,857 | -€95,523 | €5,683 | -€9,965 | -€163,438 | -€33,150 | -€14,305 | ▲ 56.8% |
| Financial income75/76B | - | - | - | €4,771 | €1,776 | €3,095 | €1,446 | €1,679 | ▲ 16.1% |
| Recurring financial income75 | €1,500 | €3,047 | €4,194 | €4,771 | €1,776 | €3,095 | €1,446 | €1,679 | ▲ 16.1% |
| Financial charges65/66B | - | - | - | €6,877 | €5,231 | €2,169 | €650 | €411 | ▼ 36.8% |
| Recurring financial charges65 | €22,523 | €12,442 | €10,599 | €6,877 | €5,231 | €2,169 | €650 | €411 | ▼ 36.8% |
| Profit (loss) for the period before taxes9903 | €107,086 | €102,462 | -€101,929 | €3,577 | -€13,420 | -€162,513 | -€32,354 | -€13,037 | ▲ 59.7% |
| Income taxes67/77 | €599 | €1,001 | €752 | €494 | €790 | €731 | €835 | €228 | ▼ 72.7% |
| Profit (loss) for the period9904 | €106,487 | €101,461 | -€102,680 | €3,082 | -€14,210 | -€163,244 | -€33,189 | -€13,265 | ▲ 60.0% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €290 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €106,427 | €101,400 | -€102,680 | €3,082 | -€13,919 | -€163,244 | -€33,189 | -€13,265 | ▲ 60.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.7m | €1.7m | €1.3m | €1.2m | €1.2m | €1.0m | €0.9m | €0.9m | ▼ 2.1% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 4.6% |
| Intangible fixed assets21 | €0.02m | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 4.6% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.3% |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.03m | €0.02m | €0.01m | €0.007m | ▼ 45.4% |
| Current assets29/58 | €1.2m | €1.1m | €0.8m | €0.8m | €0.7m | €0.5m | €0.4m | €0.4m | ▲ 0.5% |
| Stocks and contracts in progress3 | €0.8m | €0.7m | €0.4m | €0.4m | €0.4m | €0.3m | €0.2m | €0.3m | ▲ 16.5% |
| Contracts in progress37 | - | - | - | €0.4m | €0.4m | €0.3m | €0.2m | €0.3m | ▲ 16.5% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.1m | €0.08m | €0.1m | €0.2m | €0.1m | €0.09m | ▼ 33.1% |
| Trade receivables40 | - | - | - | €0.06m | €0.1m | €0.1m | €0.1m | €0.08m | ▼ 31.7% |
| Other amounts receivable41 | - | - | - | €0.02m | €0 | €0.04m | €0.009m | €0.005m | ▼ 51.4% |
| Cash at bank and in hand54/58 | €0.04m | €0.02m | €0.3m | €0.3m | €0.2m | €0.07m | €0.08m | €0.09m | ▲ 13.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | ▲ 7.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.7m | €1.7m | €1.3m | €1.2m | €1.2m | €1.0m | €0.9m | €0.9m | ▼ 2.1% |
| Equity10/15 | €1.1m | €1.2m | €1.1m | €1.1m | €1.0m | €0.8m | €0.8m | €0.7m | ▼ 5.0% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | €0.8m | €0.7m | €0.7m | ▼ 5.4% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €290 | €0 | - | - | - | - |
| Distributable reserves133 | - | - | - | €1.0m | €1.0m | €0.8m | €0.7m | €0.7m | ▼ 5.4% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €0.6m | €0.5m | €0.2m | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 20.9% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.09m | €0.05m | €0.02m | €0.002m | €0 | - | - |
| Financial debts170/4 | - | - | - | €0.05m | €0.02m | €0.002m | €0 | - | - |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | ▲ 22.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.02m | €0.002m | €0 | ▼ 100% |
| Trade debts44 | €0.1m | €0.2m | €0.03m | €0.04m | €0.07m | €0.04m | €0.05m | €0.07m | ▲ 50.8% |
| Suppliers440/4 | - | - | - | €0.04m | €0.07m | €0.04m | €0.05m | €0.07m | ▲ 50.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.02m | €0.03m | €0.03m | €0.02m | ▼ 35.2% |
| Taxes450/3 | - | - | - | €0.005m | €0.01m | €0.01m | €0.01m | €0.004m | ▼ 70.5% |
| Remuneration and social security454/9 | - | - | - | €0.008m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 9.4% |
| Other amounts payable47/48 | - | - | - | - | €0.004m | €0.05m | €0.02m | €0.03m | ▲ 66.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.006m | €0.005m | €0.005m | €0.005m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €106,487 | €101,461 | -€102,680 | €3,082 | -€14,210 | -€163,244 | -€33,189 | -€13,265 | ▲ 60.0% |
| + Depreciation and write-downs630 | €53,935 | €54,468 | €37,620 | €27,567 | €31,538 | €31,714 | €19,894 | €20,171 | ▲ 1.4% |
| Operating cash flow (approximation) | €160,422 | €155,929 | -€65,060 | €30,649 | €17,329 | -€131,529 | -€13,295 | €6,906 | - |
| Investment in fixed assets (approximation) | - | -€66,235 | -€1,350 | €5,812 | -€36,418 | -€11,716 | -€1,416 | €0 | - |
| Change in cash | - | -€21,224 | €254,058 | -€13,447 | -€92,406 | -€99,729 | €7,748 | €10,071 | ▲ 30.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 09-07-2026 | 2026-00273047 | NBB |
| 31-12-2024 | abbreviated format | 23-06-2025 | 2025-00164009 | |
| 31-12-2023 | abbreviated format | 02-07-2024 | 2024-00194970 | |
| 31-12-2022 | abbreviated format | 05-07-2023 | 2023-00213821 | |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20141532 | |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-22500156 | |
| 31-12-2019 | abbreviated format | 28-07-2020 | 2020-35100589 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-42100030 | |
| 31-12-2017 | abbreviated format | 26-07-2018 | 2018-37500434 | |
| 31-12-2016 | abbreviated format | 16-06-2017 | 2017-17600138 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 27-06-2023 Capital stated in the deed · €61,500 · 4,697 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| D’havé Jean-Pierre |
|
| Marechal Virginie |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, enige bestuurder”“Geheel bestuursbevoegdheden, algemene vergadering”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Wetboek van vennootschappen en verenigingen, indien geen andere vereffenaar benoemd”
Articles of association, deed of 27-06-2023 (in Dutch)
Network & group
DE KLAPPER shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DE KLAPPER. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-06
Gazette deed
Resignations: D’havé Jean-Pierre (director) and Marechal Virginie (director)Appointment: D’havé Jean-Pierre (statutory director) · Amendment of the articles · Director discharge12 points ▸
- General meeting, 13-06-2023
- Amendment of the articles
- Director resignation, D’havé Jean-Pierre (director)
- Director resignation, Marechal Virginie (director)
- Director discharge, D’havé Jean-Pierre
- Director discharge, Marechal Virginie
- Director appointment, D’havé Jean-Pierre (statutory director)
- Amendment of the articles, 14
- Registered office clause, “9900 Eeklo,Engelendale 2, verklaard en bevestigd” (deed in Dutch)
- Power of attorney
- General meeting, “TWEEDE BESLUIT, volledig nieuwe statuten aangenomen” (deed in Dutch)
- Capital, €61,500
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43352F0661/00D000 | Flanders | 826 m² | 1 · 260 m² | 8.6 m · 2 |