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DE MEDTS

Active
Public limited companyfounded 196758 yrs activeSimon De Heuvellaan 8, 2110 Wijnegem, BelgiumKBO/BCE: BE 0400.853.587

DE MEDTS has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.67M and a net result of €525k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 2031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
83 / 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+19
Solvency51▼-14
Growth60▲+5
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.47 in 2024), and 71.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 58 years 0 60 y
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
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
28.4%
Return on assets
5.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.7M
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
20 d early
2023
15 d early
2022
3 d early
2021
3 d early
2020
12 d early
2019
15 d early
← before the deadline after the deadline →
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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, full schema

Turnover
€19.13M▲ 40.8%
2024 · €13.58M
2018: €9.90M 2019: €10.19M 2020: €10.86M 2021: €9.65M 2022: €11.69M 2023: €12.95M 2024: €13.58M
2018 → 2025
EBIT margin
4.5%▲ 1.6pp
2024 · 2.9%
2018: 0.8% 2019: 1.3% 2020: -0.7% 2021: -12.3% 2022: 1.6% 2023: 1.3% 2024: 2.9%
2018 → 2025
Net result
€525k▲ 92.8%
2024 · €272k
2018: €-27k 2019: €4k 2020: €-147k 2021: €-1.23M 2022: €148k 2023: €99k 2024: €272k
2018 → 2025
Working capital
€1.57M▼ 15.5%
2024 · €1.86M
2018: €2.83M 2019: €2.81M 2020: €2.86M 2021: €2.30M 2022: €1.80M 2023: €1.73M 2024: €1.86M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€9.65M-€11.69M▲ 21.1%€12.95M▲ 10.7%€13.58M▲ 4.9%€19.13M▲ 40.8%
Equity€2.13M-€2.28M▲ 6.9%€2.38M▲ 4.3%€2.65M▲ 11.5%€2.67M▲ 0.9%
Operating result€-1.19M-€188k€169k▼ 9.7%€394k▲ 133%€865k▲ 119%
Net result€-1.23M-€148k€99k▼ 33.1%€272k▲ 176%€525k▲ 92.8%
Result per fiscal year
Operating resultNet result
€-2.00M€-1.00M€0€1.00MOperating result 2021: €-1.19M€-1.19MNet result 2021: €-1.23M€-1.23MOperating result 2022: €188k€188kNet result 2022: €148k€148kOperating result 2023: €169k€169kNet result 2023: €99k€99kOperating result 2024: €394k€394kNet result 2024: €272k€272kOperating result 2025: €865k€865kNet result 2025: €525k€525k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 119% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.40M
Fixed assets €2.22M▲ 22.3%
Current assets €7.18M▲ 23.3%
Equity and liabilities €9.40M
Equity €2.67M▲ 0.9%
Provisions €31k=
Debt €6.70M▲ 35.1%
The debt ratio rises from 64.9% to 71.2%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.36M
2024 · €738k
Cash flow
€1.02M
2024 · €616k
Solvency
28.4%
2024 · 34.7%
Current ratio
1.28
2024 · 1.47
Quick ratio
0.61
2024 · 0.84
Debt / equity
2.50
2024 · 1.87
ROE
19.6%
2024 · 10.3%
ROA
5.6%
2024 · 3.6%
Interest coverage
20.23
2024 · 8.25
Debt
€6.70M
2024 · €4.96M
Debt ≤ 1 year
€5.61M
2024 · €3.96M
Debt > 1 year
€1.09M
2024 · €998k
Income taxes
€258k
2024 · €13k
Staff costs
€7.01M
2024 · €5.74M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€7.64M€9.40M
Fixed assets21/28€1.82M€2.22M
Tangible fixed assets22/27€1.77M€2.18M
Land and buildings22€953k€891k
Plant, machinery and equipment23€274k€426k
Furniture and vehicles24€343k€631k
Leasing and similar rights25€198k€228k
Financial fixed assets28€50k€48k
Other financial fixed assets284/8€50k€48k
Shares284€2k€2k=
Amounts receivable and cash guarantees285/8€47k€46k
Current assets29/58€5.82M€7.18M
Stocks and contracts in progress3€2.48M€3.74M
Stocks30/36€852k€777k
Raw materials and consumables30/31€852k€777k
Contracts in progress37€1.63M€2.96M
Amounts receivable within one year40/41€2.63M€2.20M
Trade receivables40€2.18M€1.74M
Other amounts receivable41€450k€457k
Cash at bank and in hand54/58€691k€1.22M
Deferred charges and accrued income490/1€20k€19k
Equity and liabilities
Total equity and liabilities10/49€7.64M€9.40M
Equity10/15€2.65M€2.67M
Contributions10/11€220k€220k=
Capital10€220k€220k=
Issued capital100€220k€220k=
Reserves13€2.43M€2.45M
Non-distributable reserves130/1€142k€142k=
Legal reserve130€47k€47k=
Reserves not available under the articles1311€95k€95k=
Tax-exempt reserves132€150k€150k=
Distributable reserves133€2.14M€2.16M
Profit (loss) carried forward14€2k€2k
Provisions and deferred taxes16€31k€31k=
Provisions for liabilities and charges160/5€31k€31k=
Other liabilities and charges164/5€31k€31k=
Amounts payable17/49€4.96M€6.70M
Amounts payable after more than one year17€998k€1.09M
Financial debts170/4€998k€1.09M
Leasing and similar obligations172€142k€155k
Credit institutions173€856k€936k
Amounts payable within one year42/48€3.96M€5.61M
Current portion of amounts payable after more than one year42€249k€351k
Financial debts43€374k€246k
Credit institutions430/8€374k€246k
Trade debts44€1.17M€696k
Suppliers440/4€1.17M€696k
Advances received on contracts in progress46€1.92M€3.37M
Taxes, remuneration and social security45€256k€441k
Taxes450/3€21k€34k
Remuneration and social security454/9€235k€407k
Other amounts payable47/48-€500k
Income statement Code20242025
Operating income70/76A€14.78M€20.90M
Turnover70€13.58M€19.13M
Change in stocks of work in progress, finished goods and contracts in progress71€818k€1.33M
Other operating income74€369k€430k
Non-recurring operating income76A€10k€14k
Operating charges60/66A€14.39M€20.04M
Goods for resale, raw materials and consumables60€6.64M€10.13M
Purchases600/8€6.51M€10.20M
Change in stocks: decrease (increase)609€135k€-75k
Services and other goods61€1.65M€2.24M
Remuneration, social security and pensions62€5.74M€7.01M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€344k€493k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€131k
Other operating charges640/8€16k€16k
Non-recurring operating charges66A€1k€24k
Operating profit (loss)9901€394k€865k
Financial income75/76B€607€622
Recurring financial income75€607€622
Income from financial fixed assets750-€0
Income from current assets751€507€622
Other financial income752/9€100€0
Financial charges65/66B€109k€83k
Recurring financial charges65€109k€83k
Debt charges650€89k€67k
Other financial charges652/9€20k€16k
Profit (loss) for the period before taxes9903€285k€782k
Income taxes67/77€13k€258k
Taxes670/3€13k€258k
Profit (loss) for the period9904€272k€525k
Profit (loss) for the period to be appropriated9905€272k€525k
Appropriation of the result
Profit (loss) to be appropriated9906€277k€527k
Profit (loss) brought forward from the previous period14P€5k€2k
Transfer to equity691/2€275k€25k
To other reserves6921€275k€25k
Profit to be distributed694/7-€500k
Return on contributions (dividend)694-€500k
Social balance
Average headcount (FTE)908792.095.9

The notes to these accounts (67 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-08
State Gazette act Resignations & appointments
General meeting · Director reappointment · Mandate compensation7 facts ▸
  • General meeting, 02/06/2026
  • Director reappointment, Dirk Jonckheere (bestuurder)
  • Director reappointment, Michiel Jonckheere (bestuurder)
  • Mandate compensation, Dirk Jonckheere
  • Mandate compensation, Michiel Jonckheere
  • Director appointment, Dirk Jonckheere (gedelegeerd bestuurder)
  • Auditor appointment, FIGURAD Bedrijfsrevisoren (commissaris)
16-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2018net €525k ▲92.8%
Operating result €865k, net result €525k, both a record.
11-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
18-12
State Gazette act Resignations & appointments
Board meeting · Director appointment3 facts ▸
  • Board meeting, 2024-11-22
  • Director appointment, Dirk Jonckheere (gedelegeerd bestuurder)
  • Director appointment, Michiel Jonckheere (bestuurder)
16-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
16-01
State Gazette act Resignations & appointments
General meeting · Auditor appointment · Mandate compensation3 facts ▸
  • General meeting, 2023-12-01
  • Auditor appointment, FIGURAD Bedrijfsrevisoren (commissaris)
  • Mandate compensation, FIGURAD Bedrijfsrevisoren
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
27-01
State Gazette act Resignations & appointments
General meeting · Director appointment · Mandate compensation6 facts ▸
  • General meeting, 2022-12-22
  • Director appointment, Michiel Jonckheere (bestuurder)
  • Mandate compensation, Michiel Jonckheere
  • Board meeting, 2022-12-22
  • Director appointment, Dirk Jonckheere (gedelegeerd bestuurder)
  • Mandate compensation, Dirk Jonckheere
2022
31-12
Financial Back to profitnet €148k
Net result €148k after 2 loss-making years.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet €-1.23M
Net result drops to €-1.23M, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
21-08
State Gazette act Resignations & appointments
General meeting · Director reappointment · Mandate compensation5 facts ▸
  • General meeting, 2020-06-30
  • Director reappointment, Jonckheere Dirk (bestuurder)
  • Mandate compensation, Jonckheere Dirk
  • Auditor appointment, CERTAM BEDRIJFSREVISOREN (commissaris)
  • Permanent representative, Liesbet Vandenabeele
16-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
10-06
State Gazette act Resignations & appointments
General meeting · Director resignation · Permanent representative4 facts ▸
  • General meeting, 2020-01-02
  • Director resignation, DE MEDTS GROUP BV (bestuurder)
  • Permanent representative, Dirk Jonckheere
  • Board composition, bestuurder, 2020-01-01
21-02
State Gazette act Statutes amendment
General meeting · Statutes amendment · Power of attorney4 facts ▸
  • General meeting, 2019-12-16
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, ACCTAL Accountancy & Fiskaliteit
2019
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
04-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
23-02
State Gazette act Resignations & appointments
Board meeting · Power of attorney3 facts ▸
  • Board meeting, 2017-10-31
  • Power of attorney, Jan Vertommen (volmachtdrager dagdagelijks bestuur)
  • Power of attorney, Michiel Jonckheere (volmachtdrager dagdagelijks bestuur)
2017
28-07
State Gazette act Resignations & appointments
General meeting · Auditor reappointment · Permanent representative5 facts ▸
  • General meeting, 2017-06-27
  • Auditor reappointment, commissaris, 3 years (fiscal years 2017-2018-2019)
  • Permanent representative, Jan Pieter Huygens
  • Mandate term, 3 years (fiscal years 2017-2018-2019)
  • Mandate compensation, A Audit CVBA
10-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
24-02
State Gazette act Registered office
Board meeting · Registered-office move2 facts ▸
  • Board meeting, 2017-01-20
  • Registered-office move, Simon de Heuvellaan 8 - 2110 Wijnegem
2016
13-06
State Gazette act Resignations & appointments
General meeting · Director resignation · Permanent representative8 facts ▸
  • General meeting, 2016-05-25
  • Director resignation, Praestatus Procurator CVBA (bestuurder)
  • Permanent representative, Simonne Van Hees
  • Director appointment, De Medts Group BVBA (bestuurder)
  • Permanent representative, Dirk Jonckheere
  • Board composition, gedelegeerd bestuurder, 2016-06-01
  • Board composition, bestuurder, 2016-06-01
  • Mandate compensation, De Medts Group BVBA
03-03
State Gazette act Capital & shares · Restructuring
General meeting · Demerger · Share issue10 facts ▸
  • General meeting, 2015-12-08
  • Demerger, partial, 987 aandelen van DE MEDTS (BV)
  • Share issue, 5, COVANDIS
  • Capital decrease, €10.370,13
  • Capital increase, €5.370,13
  • Capital, €220.000
  • Corporate purpose, Het uitvoeren of laten uitvoeren van alle werken, die rechtstreeks of onrechtstreeks verband houden met aannemingen van schilderwerken, behang en plaatsen van w…
  • Power of attorney, ACCTAL Accountancy & Fiskaliteit
  • Demerger condition, Reference date for transfer: 31 December 2014 (balance sheet basis)
  • Demerger condition, Transferred share participation carries dividend rights for the full year 2015 in favor of the receiving company DE MEDTS GROUP
2015
23-10
State Gazette act Restructuring · Miscellaneous
Demerger · Corporate purpose · Share issue10 facts ▸
  • Demerger, De N.V. DE MEDTS (te splitsen) draagt een deel van haar vermogen over aan de B.V.B.A. DE MEDTS GROUP (verkrijgende). De te splitsen vennootschap blijft bestaan.
  • Corporate purpose, Het uitvoeren of laten uitvoeren van alle ambachtelijke en industriële werken, die rechtstreeks of onrechtstreeks verband houden met anti-corrosiewerk en schild…
  • Corporate purpose, Het uitbaten van een bedrijf in algemene zin van het woord van immobiliën, beleggingsgoederen allerhande, portefeuille-maatschappij, alsook het voeren van alle…
  • Share issue, aandelen zonder vermelding van nominale waarde, 5
  • Accounting effect, 2015-07-01
  • Asset transfer, Participatie in de B.V.B.A. DE MEDTS (KBO 0424571968). Volle eigendom van 987 aandelen. De aandelen omvatten de rechten op dividenden voor het volledige jaar 20…
  • Exchange ratio, 5:3, 1,667 aandelen in de verkrijgende vennootschap per aandeel van de te splitsen vennootschap
  • Proposal date, 2015-10-09
  • Dividend rights date, 2015-01-01
  • Commissioner fee, 2500.00 EUR excl. BTW
2014
26-08
State Gazette act Resignations & appointments
General meeting · Director reappointment · Mandate compensation7 facts ▸
  • General meeting, 2014-06-03
  • Director reappointment, Jonckheere Dirk (bestuurder)
  • Mandate compensation, Jonckheere Dirk
  • Auditor reappointment, 3 jaar (boekjaren 2014-2015-2016)
  • Mandate compensation, A Audit cvba
  • Director reappointment, Jonckheere Dirk (gedelegeerd bestuurder)
  • Director appointment, Jonckheere Dirk (voorzitter van de raad van bestuur)
2013
23-07
State Gazette act Resignations & appointments
General meeting · Director reappointment · Permanent representative4 facts ▸
  • General meeting, 2013-06-04
  • Director reappointment, Praestatus Procurator CVBA (bestuurder)
  • Permanent representative, Simonne Van Hees
  • Mandate compensation, Praestatus Procurator CVBA
2012
27-01
State Gazette act Capital & shares · Statutes amendment
General meeting · Statutes amendment3 facts ▸
  • General meeting, 2011-12-30
  • Statutes amendment
  • Statutes amendment
2011
21-09
State Gazette act Resignations & appointments
General meeting · Auditor reappointment · Power of attorney5 facts ▸
  • General meeting, 07/06/2011
  • Auditor reappointment, commissaris, 3 jaar
  • Power of attorney, Chantal Maria Arthur Van Buynder
  • Power of attorney, Veronique Godelieve Jan Van de Water
  • Director resignation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 directors, no change since 2026
Michiel Jonckheere
Director · since 01-01-2023
Current
Dirk Jonckheere
Director · since 03-06-2014
Current
Praestatus Procurator CVBA
Director · since 26-06-2012 · Legal entity · perm. rep.: Simonne Van Hees
Not recently confirmed
02-06-2026 Michiel Jonckheere: Mandate renewed as Director
02-06-2026 Dirk Jonckheere: Mandate renewed as Director
02-06-2026 Dirk Jonckheere: Appointed as Managing director
22-11-2024 Michiel Jonckheere: Appointed as Director
22-11-2024 Dirk Jonckheere: Appointed as Managing director
01-01-2023 Michiel Jonckheere: Appointed as Director
01-01-2023 Dirk Jonckheere: Appointed as Managing director
30-06-2020 Dirk Jonckheere: Mandate renewed as Director
01-01-2020 DE MEDTS GROUP: Resigned as Director
01-01-2016 DE MEDTS GROUP: Appointed as Director
03-06-2014 Dirk Jonckheere: Mandate renewed as Managing director
03-06-2014 Dirk Jonckheere: Mandate renewed as Director
03-06-2014 Dirk Jonckheere: Appointed as Voorzitter van de raad van bestuur
26-06-2012 Praestatus Procurator CVBA: Mandate renewed as Director
Location & real-estate footprint
Registered office, Wijnegem · 1 establishment unit since 1967
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Simon De Heuvellaan 82110 Wijnegem
Ground area
1.1 ha
Building footprint
4,067 m²
Volume, LiDAR
210 m³
Parcel 11050A0146/00C000, Flanders · tallest building 2.2 m. Linked by address, not a title deed.
1 establishment unit
DE MEDTS
Simon De Heuvellaan 8, 2110 WijnegemNACE 4520002
since 19672.037.823.708
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0146/00C000 Flanders 1.1 ha 1 · 4,067 m² 2.2 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

3 auditors
FIGURAD BEDRIJFSREVISORENCurrent
Statutory auditor
01-12-2023 → present
Show 2 earlier auditors
A Audit CVBA
Statutory auditor · represented by Jan Pieter Huygens
succeeded by CERTAM BEDRIJFSREVISOREN in 2020
21-09-2011 → 30-06-2020
CERTAM BEDRIJFSREVISOREN
Statutory auditor · represented by Liesbet Vandenabeele
succeeded by FIGURAD BEDRIJFSREVISOREN in 2023
30-06-2020 → 01-12-2023

Structure & network

Connections & network

5 connected companies

Ownership & control

1 party
Control over this companysits on this company's board1
2 subsidiaries · 1 location
controls
DE MEDTSBE 0400.853.587

Acquisitions and mergers

1 transaction
Contributed a business line to:DE MEDTS GROUP
partial · State Gazette act of 03-03-2016 (2 acts)

Capital and shareholders

Capital increase of 5,370.13 EUR
State Gazette act of 03-03-2016

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 17,699 EUR awarded · 18,548 EUR paid
Year Entries awardedpaid
2025 1 5,317 EUR4,390 EUR
2024 1 2,246 EUR3,895 EUR
2023 1 3,975 EUR4,369 EUR
2022 1 6,161 EUR5,894 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 17,699 EUR · 18,548 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

6 categories
DE MEDTS NV10118
category D1, class 3 · category D13, class 6 · category D21, class 1 · category D25, class 1 · category D29, class 1 · category F3, class 7
decision 01-12-2021

Quality registration as a provider

1 live approval
Quality registration as a provider
Toegekend · valid until 2028-04-09

Dual-learning approval

1 ended

Similar companies · same sector, comparable size

Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 390 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded18-11-1967
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43342Specialised construction activities
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.