De Paepe Services
ActiveSummary
The computed 12-month bankruptcy probability of De Paepe Services is 3.7% (moderate). The 2025 annual accounts show negative equity (-€3,953) and a net result of -€15,696. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 4665 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Other building cleaning and industrial cleaning
NACE 81220
1 site
How big
€309,941turnover 2025
- Equity
- -€3,953
- Loss
- -€15,696
Who decides
Accounts filed 31 d late0 of 2 deeds read
Why 20- Limited track record- Higher-failure-rate sector- Annual accounts: weaker financial profile- Higher-failure-rate region- Negative equityFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-39
Solvency20▼-25
Growth44▼-8
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.99 in 2024; short-term debt: 104.7% and cash: 0.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.9%
Return on assets
-19.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€3,953
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
17 d early
2022
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
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. Usually files around 6 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€15,696
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Turnover €309,941Loss -€15,696Solvency -4.9%Liquidity 0.75
Turnover
€309,941▲ 10.3%
2024 - 2025
Net result
-€15,696▼ 3,237%
2022 - 2025
Equity
-€3,953
2022 - 2025
Staff (FTE)
3.9▼ 4.9%
2022 - 2024
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€280,899€309,941▲ 10.3%
Operating result€23,052-€25,359▲ 10.0%€983▼ 96.1%-€12,343
Net result€18,188within the sector's middle half-€11,175within the sector's middle half▼ 38.6%-€470below the sector's middle half-€15,696below the sector's middle half▼ 3,237%
EBIT margin0.3%-4.0%▼ 4.3pp
Equity€8,188below the sector's middle half-€12,214below the sector's middle half▲ 49.2%€11,743below the sector's middle half▼ 3.9%-€3,953below the sector's middle half
Total assets€61,768within the sector's middle half-€76,210within the sector's middle half▲ 23.4%€59,248within the sector's middle half▼ 22.3%€81,294within the sector's middle half▲ 37.2%
Debt€53,579-€63,996▲ 19.4%€47,505▼ 25.8%€85,247▲ 79.4%
Working capital-€4,295within the sector's middle half-€1,589within the sector's middle half-€315within the sector's middle half-€21,520below the sector's middle half▼ 6,732%
Solvency13.3%below the sector's middle half-16.0%below the sector's middle half▲ 2.8pp19.8%within the sector's middle half▲ 3.8pp-4.9%below the sector's middle half▼ 24.7pp
Current ratio0.92within the sector's middle half-1.02within the sector's middle half▲ 0.100.99within the sector's middle half▼ 0.030.75below the sector's middle half▼ 0.25
Return on assets (ROA)29.4%above the sector's middle half-14.7%within the sector's middle half▼ 14.8pp-0.8%below the sector's middle half▼ 15.5pp-19.3%below the sector's middle half▼ 18.5pp
Staff (FTE)3.1-4.1▲ 32.3%3.9▼ 4.9%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12,343 after €983 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81,294
Fixed assets
€17,664 ▲ 3.1%
Current assets
€63,630 ▲ 51.1%
Equity and liabilities
Equity-€3,953
Debt€85,247
Equity is negative: debt (€85,247) exceeds the balance-sheet total (€81,294).
Key figures and ratios
Key figures and ratios
EBITDA
-€6,245▼
2024 · €5,665
Cash flow
-€9,598▼
2024 · €4,212
Interest coverage
-3.21▼
2024 · 3.85
Debt ≤ 1 year
€85,150▲
2024 · €42,427
Income taxes
€1,500
Staff costs
€211,711▲
2024 · €180,069
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.9%
went bankrupt
5.6%
stopped otherwise
85%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €280,899 | €309,941 | ▲ 10.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €144,291 | - | - |
| Remuneration, social security and pensions62 | €120,770 | €150,529 | €180,069 | €211,711 | ▲ 17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,869 | €2,922 | €4,682 | €6,098 | ▲ 30.2% |
| Other operating charges640/8 | €276 | €22,010 | €223 | €931 | ▲ 317% |
| Non-recurring operating charges66A | - | - | - | €1,149 | - |
| Gross operating margin9900 | €145,968 | €200,820 | €185,957 | €207,546 | ▲ 11.6% |
| Operating profit (loss)9901 | €23,052 | €25,359 | €983 | -€12,343 | ▼ 1,356% |
| Financial income75/76B | €361 | €2 | €17 | €89 | ▲ 423% |
| Recurring financial income75 | €361 | €2 | €17 | €89 | ▲ 423% |
| Financial charges65/66B | €713 | €1,653 | €1,470 | €1,943 | ▲ 32.2% |
| Recurring financial charges65 | €713 | €1,653 | €1,470 | €1,943 | ▲ 32.2% |
| Profit (loss) for the period before taxes9903 | €22,700 | €23,708 | -€470 | -€14,196 | ▼ 2,919% |
| Income taxes67/77 | €4,511 | €12,533 | - | €1,500 | - |
| Profit (loss) for the period9904 | €18,188 | €11,175 | -€470 | -€15,696 | ▼ 3,237% |
| Profit (loss) for the period to be appropriated9905 | €18,188 | €11,175 | -€470 | -€15,696 | ▼ 3,237% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €61,768 | €76,210 | €59,248 | €81,294 | ▲ 37.2% |
| Fixed assets21/28 | €12,483 | €10,625 | €17,136 | €17,664 | ▲ 3.1% |
| Intangible fixed assets21 | €849 | €649 | €449 | €249 | ▼ 44.6% |
| Tangible fixed assets22/27 | €11,455 | €9,796 | €14,850 | €15,578 | ▲ 4.9% |
| Plant, machinery and equipment23 | €8,060 | €7,201 | €8,449 | €11,518 | ▲ 36.3% |
| Furniture and vehicles24 | €3,395 | €2,595 | €6,400 | €4,060 | ▼ 36.6% |
| Financial fixed assets28 | €180 | €180 | €1,838 | €1,838 | = |
| Current assets29/58 | €49,285 | €65,585 | €42,112 | €63,630 | ▲ 51.1% |
| Amounts receivable within one year40/41 | €37,774 | €23,712 | €31,731 | €61,504 | ▲ 93.8% |
| Trade receivables40 | €30,971 | €21,730 | €25,072 | €49,626 | ▲ 97.9% |
| Other amounts receivable41 | €6,802 | €1,982 | €6,659 | €11,878 | ▲ 78.4% |
| Cash at bank and in hand54/58 | €11,511 | €41,873 | €10,195 | €200 | ▼ 98.0% |
| Deferred charges and accrued income490/1 | - | - | €186 | €1,925 | ▲ 935% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €61,768 | €76,210 | €59,248 | €81,294 | ▲ 37.2% |
| Equity10/15 | €8,188 | €12,214 | €11,743 | -€3,953 | ▼ 134% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €3,188 | €7,214 | €6,743 | -€8,953 | ▼ 233% |
| Amounts payable17/49 | €53,579 | €63,996 | €47,505 | €85,247 | ▲ 79.4% |
| Amounts payable within one year42/48 | €53,579 | €63,996 | €42,427 | €85,150 | ▲ 101% |
| Financial debts43 | - | - | - | €19,981 | - |
| Credit institutions430/8 | - | - | - | €19,981 | - |
| Trade debts44 | - | €30,043 | €1,821 | €41,408 | ▲ 2,174% |
| Suppliers440/4 | - | €30,043 | €1,821 | €41,408 | ▲ 2,174% |
| Taxes, remuneration and social security45 | €42,901 | €27,781 | €37,269 | €23,762 | ▼ 36.2% |
| Taxes450/3 | €15,887 | €19,189 | €18,463 | €5,206 | ▼ 71.8% |
| Remuneration and social security454/9 | €27,014 | €8,592 | €18,806 | €18,556 | ▼ 1.3% |
| Other amounts payable47/48 | €10,678 | €6,172 | €3,337 | - | - |
| Accrued charges and deferred income492/3 | - | - | €5,078 | €97 | ▼ 98.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,188 | €11,175 | -€470 | -€15,696 | ▼ 3,237% |
| + Depreciation and write-downs630 | €1,869 | €2,922 | €4,682 | €6,098 | ▲ 30.2% |
| Operating cash flow (approximation) | €20,058 | €14,097 | €4,212 | -€9,598 | ▼ 328% |
| Investment in fixed assets (approximation) | - | -€1,063 | -€11,193 | -€6,626 | ▲ 40.8% |
| Change in cash | - | €30,362 | -€31,677 | -€9,995 | ▲ 68.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,990 companies in this sector we hold annual accounts for 2,414. See the whole sector
Timeline
5 eventsLatest 31-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€15,696
Net result drops to -€15,696, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 23-12-2021Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded23-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0779283449
Also
9925:BE0779283449
Registered
03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2021
Ground area
195 m²
Building footprint
52 m²
Volume, LiDAR
438 m³
Parcel 55373B0163/00R000, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
De Paepe Services
since 2021unit no. 2.326.073.262
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55373B0163/00R000 | Wallonia | 195 m² | 1 · 52 m² | 11.2 m · 3 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.
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