De Munck
ActiveSummary
De Munck has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €41k. Equity is growing by ~66.8% per year across the filed fiscal years. Its solvency ranks better than 91% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 9.22 against 6.38 in 2024; short-term debt: 9.4% and cash: 3.7% of total assets), and 9.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
90.6%
Return on assets
35.8%
Age of the figures
9 mo
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 10-04-2026, 112 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
112 d early
2024
43 d early
2023
on the day
← 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, micro schema
Equity
€103k▲ 65.2%
2024 · €62k
2023: €20klowest in 3 years
2024: €62k▲ +217% vs 2023
2025: €103k▲ +65.2% vs 2024highest in 3 years
2023 → 2025
Total assets
€114k▲ 54.4%
2024 · €74k
2023: €61klowest in 3 years
2024: €74k▲ +21.2% vs 2023
2025: €114k▲ +54.4% vs 2024highest in 3 years
2023 → 2025
Net result
€41k▼ 4.8%
2024 · €43k
2023: €43k
2024: €43k▲ +0.1% vs 2023highest in 3 years
2025: €41k▼ -4.8% vs 2024lowest in 3 years
2023 → 2025
Working capital
€88k▲ 44.9%
2024 · €61k
2023: €14klowest in 3 years
2024: €61k▲ +330% vs 2023
2025: €88k▲ +44.9% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€20k-€62k▲ 217%€103k▲ 65.2%
2023: €20klowest in 3 years
2024: €62k▲ +217% vs 2023
2025: €103k▲ +65.2% vs 2024highest in 3 years
Operating result€49k-€62k▲ 26.8%€53k▼ 14.4%
2023: €49klowest in 3 years
2024: €62k▲ +26.8% vs 2023highest in 3 years
2025: €53k▼ -14.4% vs 2024
Net result€43k-€43k▲ 0.1%€41k▼ 4.8%
2023: €43k
2024: €43k▲ +0.1% vs 2023highest in 3 years
2025: €41k▼ -4.8% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€15k ▲ 730%
Current assets
€98k ▲ 37.0%
Equity and liabilities €114k
Equity
€103k ▲ 65.2%
Debt
€11k ▼ 5.3%
Debt's share of the balance-sheet total falls from 15.3% to 9.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56k▼
2024 · €65k
Cash flow
€44k▼
2024 · €46k
Current ratio
9.22▲
2024 · 6.38
Debt to equity
0.10▼
2024 · 0.18
ROE
39.5%▼
2024 · 68.5%
ROA
35.8%▼
2024 · 58.0%
Interest coverage
1179.54▲
2024 · 1115.41
Debt ≤ 1 year
€11k▼
2024 · €11k
Income taxes
€14k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €4k | ▲ 0.5% |
| Other operating charges640/8 | €1k | €58 | €128 | ▲ 121% |
| Gross operating margin9900 | €52k | €65k | €57k | ▼ 13.4% |
| Operating profit (loss)9901 | €49k | €62k | €53k | ▼ 14.4% |
| Financial income75/76B | - | €1k | €2k | ▲ 17.8% |
| Recurring financial income75 | - | €1k | €2k | ▲ 17.8% |
| Financial charges65/66B | €307 | €59 | €48 | ▼ 18.2% |
| Recurring financial charges65 | €307 | €59 | €48 | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €48k | €63k | €54k | ▼ 13.6% |
| Income taxes67/77 | €6k | €20k | €14k | ▼ 32.3% |
| Profit (loss) for the period9904 | €43k | €43k | €41k | ▼ 4.8% |
| Profit (loss) for the period to be appropriated9905 | €43k | €43k | €41k | ▼ 4.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €61k | €74k | €114k | ▲ 54.4% |
| Fixed assets21/28 | €6k | €2k | €15k | ▲ 730% |
| Tangible fixed assets22/27 | €6k | €2k | €15k | ▲ 730% |
| Plant, machinery and equipment23 | €1k | €370 | - | - |
| Furniture and vehicles24 | €4k | €1k | €15k | ▲ 938% |
| Current assets29/58 | €55k | €72k | €98k | ▲ 37.0% |
| Amounts receivable within one year40/41 | €34k | €40k | €59k | ▲ 48.2% |
| Trade receivables40 | €15k | €11k | €10k | ▼ 3.6% |
| Other amounts receivable41 | €19k | €29k | €49k | ▲ 67.4% |
| Current investments50/53 | €10k | €23k | €35k | ▲ 55.1% |
| Cash at bank and in hand54/58 | €11k | €6k | €4k | ▼ 31.1% |
| Deferred charges and accrued income490/1 | - | €3k | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €61k | €74k | €114k | ▲ 54.4% |
| Equity10/15 | €20k | €62k | €103k | ▲ 65.2% |
| Contributions10/11 | €4k | €4k | €4k | = |
| Reserves13 | - | €58k | €99k | ▲ 69.6% |
| Distributable reserves133 | - | €58k | €99k | ▲ 69.6% |
| Profit (loss) carried forward14 | €16k | - | - | - |
| Amounts payable17/49 | €41k | €11k | €11k | ▼ 5.3% |
| Amounts payable within one year42/48 | €41k | €11k | €11k | ▼ 5.3% |
| Trade debts44 | €2k | €3k | €2k | ▼ 28.4% |
| Suppliers440/4 | €2k | €3k | €2k | ▼ 28.4% |
| Taxes, remuneration and social security45 | €12k | €8k | €9k | ▲ 2.6% |
| Taxes450/3 | €12k | €8k | €8k | ▲ 3.3% |
| Remuneration and social security454/9 | - | €838 | €803 | ▼ 4.2% |
| Other amounts payable47/48 | €27k | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €43k | €41k | ▼ 4.8% |
| + Depreciation and write-downs630 | €2k | €4k | €4k | ▲ 0.5% |
| Operating cash flow (approximation) | €45k | €46k | €44k | ▼ 4.4% |
| Investment in fixed assets (approximation) | - | €0 | €-17k | - |
| Change in cash | - | €-5k | €-2k | ▲ 60.1% |
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
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €41k ▼4.8%
Net result drops to €41k, the lowest in the series.
31-12
Financial
Equity above €100kEq €103k ▲65.2%
3 profitable years in a row build equity to €103k.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €43k ▲0.1%
Operating result €62k, net result €43k, both a record.
31-12
Financial
Liquidity times 5current ratio 6.38
Current ratio from 1.34 to 6.38; short-term debt falls from €41k to €11k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Middelkerke · 1 establishment unit since 2023
Ground area
324 m²
Building footprint
300 m²
Volume, LiDAR
6,612 m³
Parcel 35323D0557/00Z025, Flanders · tallest building 33.2 m, ±10 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
De Munck
since 20232.344.900.467
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35323D0557/00Z025 | Flanders | 324 m² | 1 · 300 m² | 33.1 m · 10 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.
Similar companies · same sector, comparable size
XILLIS-ENGINEERING
BE 0769.522.774
Kortemark · Eq €103,051
ASSIRO
BE 0776.874.285
Zedelgem · Eq €103,183
SENTIDIS
BE 0763.663.182
Ramillies · Eq €103,192
SERGE DE GHELDERE
BE 0827.519.272
Overijse · Eq €103,296
WOJATA
BE 0727.997.272
Bertem · Eq €102,818
Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 5,230 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.