De Sutter Technics
ActiveSummary
De Sutter Technics has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €605,778 and a net result of €9,925. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 7461 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+33
Solvency100▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 7.96 against 2.81 in 2023; short-term debt: 9% and cash: 2.9% of total assets), and 9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91%
Return on assets
1.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
28 d late
2022
31 d late
2021
30 d late
2020
30 d late
2019
41 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, abbreviated schema
Equity
€605,778▲ 1.7%
2023 · €595,853
Total assets
€665,571▼ 18.4%
2023 · €815,589
Net result
€9,925▲ 191,132%
2023 · €5
Working capital
€416,406▲ 4.5%
2023 · €398,357
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€33,218€64,301▲ 93.6%€26,267▼ 59.1%€488▼ 98.1%€16,187▲ 3,217%
Net result€22,830within the sector's middle half€46,881within the sector's middle half▲ 105%€11,243within the sector's middle half▼ 76.0%€5below the sector's middle half▼ 100.0%€9,925within the sector's middle half▲ 191,132%
Equity€537,723within the sector's middle half▲ 4.4%€584,604within the sector's middle half▲ 8.7%€595,848within the sector's middle half▲ 1.9%€595,853within the sector's middle half=€605,778within the sector's middle half▲ 1.7%
Total assets€709,827within the sector's middle half▼ 5.3%€732,079within the sector's middle half▲ 3.1%€753,858within the sector's middle half▲ 3.0%€815,589within the sector's middle half▲ 8.2%€665,571within the sector's middle half▼ 18.4%
Debt€172,104▼ 26.7%€147,474▼ 14.3%€158,010▲ 7.1%€219,736▲ 39.1%€59,793▼ 72.8%
Working capital€217,199within the sector's middle half▲ 13.8%€283,487within the sector's middle half▲ 30.5%€332,038within the sector's middle half▲ 17.1%€398,357within the sector's middle half▲ 20.0%€416,406within the sector's middle half▲ 4.5%
Solvency75.8%above the sector's middle half▲ 7.1pp79.9%above the sector's middle half▲ 4.1pp79.0%above the sector's middle half▼ 0.8pp73.1%above the sector's middle half▼ 6.0pp91.0%above the sector's middle half▲ 18.0pp
Current ratio3.09above the sector's middle half▲ 0.343.11above the sector's middle half▲ 0.023.10above the sector's middle half▼ 0.012.81within the sector's middle half▼ 0.297.96above the sector's middle half▲ 5.15
Return on assets (ROA)3.2%within the sector's middle half▲ 5.4pp6.4%within the sector's middle half▲ 3.2pp1.5%within the sector's middle half▼ 4.9pp0.0%below the sector's middle half▼ 1.5pp1.5%within the sector's middle half▲ 1.5pp
Staff (FTE)5.1within the sector's middle half▲ 2.0%5.2within the sector's middle half▲ 2.0%7.7within the sector's middle half▲ 48.1%10.7above the sector's middle half▲ 39.0%7.5within the sector's middle half▼ 29.9%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 3,217% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €665,571
Fixed assets
€189,372 ▼ 4.1%
Current assets
€476,199 ▼ 23.0%
Equity and liabilities €665,571
Equity
€605,778 ▲ 1.7%
Debt
€59,793 ▼ 72.8%
Debt's share of the balance-sheet total falls from 26.9% to 9.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24,311▲
2023 · €8,613
Cash flow
€18,050▲
2023 · €8,130
Debt to equity
0.10▼
2023 · 0.37
ROE
1.6%▲
2023 · 0.0%
Interest coverage
19.21
Debt ≤ 1 year
€59,793▼
2023 · €219,736
Income taxes
€5,133▲
2023 · €686
Staff costs
€454,110▼
2023 · €659,738
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,083 | - |
| Remuneration, social security and pensions62 | - | €277,205 | €449,079 | €659,738 | €454,110 | ▼ 31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,292 | €74,337 | €35,327 | €8,125 | €8,125 | = |
| Other operating charges640/8 | - | €5,800 | €8,076 | €4,769 | €6,345 | ▲ 33.0% |
| Gross operating margin9900 | €371,618 | €421,643 | €518,749 | €673,119 | €484,766 | ▼ 28.0% |
| Operating profit (loss)9901 | €33,218 | €64,301 | €26,267 | €488 | €16,187 | ▲ 3,217% |
| Financial income75/76B | - | €940 | €258 | €203 | €137 | ▼ 32.7% |
| Recurring financial income75 | €597 | €940 | €258 | €203 | €137 | ▼ 32.7% |
| Financial charges65/66B | - | €1,766 | €5,282 | - | €1,266 | - |
| Recurring financial charges65 | €2,726 | €1,766 | €5,282 | - | €1,266 | - |
| Profit (loss) for the period before taxes9903 | €31,088 | €63,474 | €21,243 | €691 | €15,058 | ▲ 2,078% |
| Income taxes67/77 | €8,258 | €16,593 | €10,000 | €686 | €5,133 | ▲ 648% |
| Profit (loss) for the period9904 | €22,830 | €46,881 | €11,243 | €5 | €9,925 | ▲ 191,132% |
| Transfer from tax-exempt reserves789 | - | €5,343 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €22,830 | €52,225 | €11,243 | €5 | €9,925 | ▲ 191,132% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €709,827 | €732,079 | €753,858 | €815,589 | €665,571 | ▼ 18.4% |
| Fixed assets21/28 | €388,797 | €314,460 | €263,810 | €197,496 | €189,372 | ▼ 4.1% |
| Intangible fixed assets21 | €3,064 | €1,042 | - | - | - | - |
| Tangible fixed assets22/27 | €385,733 | €313,418 | €263,810 | €197,496 | €189,372 | ▼ 4.1% |
| Land and buildings22 | - | €213,746 | €205,621 | €197,496 | €189,372 | ▼ 4.1% |
| Plant, machinery and equipment23 | - | €54,729 | €40,995 | - | - | - |
| Furniture and vehicles24 | - | €44,944 | €17,194 | - | - | - |
| Current assets29/58 | €321,030 | €417,619 | €490,048 | €618,092 | €476,199 | ▼ 23.0% |
| Stocks and contracts in progress3 | €148,566 | €192,512 | €264,437 | - | - | - |
| Stocks30/36 | - | €192,512 | €264,437 | - | - | - |
| Amounts receivable within one year40/41 | €77,911 | €46,820 | €164,047 | €563,097 | €454,890 | ▼ 19.2% |
| Trade receivables40 | - | €11,536 | €100,388 | €531,479 | €439,378 | ▼ 17.3% |
| Other amounts receivable41 | - | €35,284 | €63,659 | €31,619 | €15,511 | ▼ 50.9% |
| Cash at bank and in hand54/58 | €82,360 | €164,364 | €42,869 | €54,995 | €19,433 | ▼ 64.7% |
| Deferred charges and accrued income490/1 | - | €13,923 | €18,696 | - | €1,876 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €709,827 | €732,079 | €753,858 | €815,589 | €665,571 | ▼ 18.4% |
| Equity10/15 | €537,723 | €584,604 | €595,848 | €595,853 | €605,778 | ▲ 1.7% |
| Contributions10/11 | - | €169,800 | €169,800 | €169,800 | €169,800 | = |
| Reserves13 | €361,042 | €355,699 | €355,699 | €355,699 | €355,699 | = |
| Non-distributable reserves130/1 | - | €16,980 | €16,980 | €16,980 | - | - |
| Reserves not available under the articles1311 | - | €16,980 | €16,980 | €16,980 | - | - |
| Distributable reserves133 | - | €338,719 | €338,719 | €338,719 | €355,699 | ▲ 5.0% |
| Profit (loss) carried forward14 | €6,881 | €59,106 | €70,349 | €70,354 | €80,279 | ▲ 14.1% |
| Amounts payable17/49 | €172,104 | €147,474 | €158,010 | €219,736 | €59,793 | ▼ 72.8% |
| Amounts payable after more than one year17 | €68,273 | €13,343 | - | - | - | - |
| Financial debts170/4 | - | €13,343 | - | - | - | - |
| Amounts payable within one year42/48 | €103,831 | €134,132 | €158,010 | €219,736 | €59,793 | ▼ 72.8% |
| Current portion of amounts payable after more than one year42 | - | €54,931 | €13,972 | - | - | - |
| Trade debts44 | €16,047 | €27,214 | €74,206 | €189,929 | €45,264 | ▼ 76.2% |
| Suppliers440/4 | - | €27,214 | €74,206 | €189,929 | €45,264 | ▼ 76.2% |
| Advances received on contracts in progress46 | - | - | €4,827 | - | - | - |
| Taxes, remuneration and social security45 | - | €47,743 | €60,761 | €22,733 | €10,285 | ▼ 54.8% |
| Taxes450/3 | - | €24,375 | €25,536 | €3,800 | €7,361 | ▲ 93.7% |
| Remuneration and social security454/9 | - | €23,369 | €35,225 | €18,933 | €2,924 | ▼ 84.6% |
| Other amounts payable47/48 | - | €4,244 | €4,244 | €7,074 | €4,244 | ▼ 40.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,830 | €46,881 | €11,243 | €5 | €9,925 | ▲ 191,132% |
| + Depreciation and write-downs630 | €76,292 | €74,337 | €35,327 | €8,125 | €8,125 | = |
| Operating cash flow (approximation) | €99,123 | €121,219 | €46,570 | €8,130 | €18,050 | ▲ 122% |
| Investment in fixed assets (approximation) | - | €0 | €15,323 | €58,189 | €0 | ▼ 100% |
| Change in cash | - | €82,004 | -€121,496 | €12,126 | -€35,562 | ▼ 393% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 7.96
Current ratio from 2.81 to 7.96; short-term debt falls from €219,736 to €59,793.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
13-07
State Gazette act
General meeting · Approval
Director discharge · Member resignation
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Back to profitnet €22,830
Net result €22,830 after one loss-making year.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 41 days late
2019
31-12
Financial
Weakest financial yearnet -€16,369
Net result drops to -€16,369, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Directors · office · real estate
Directors
5 acts for this company are 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, Kampenhout · 2 establishment units since 2003
Ground area
1.0 ha
Building footprint
4,054 m²
Volume, LiDAR
29,087 m³
2 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Rijmenamseweg 171, 2820 Bonheiden
since 20032.229.460.470
Vekestraat 48, 1910 Kampenhout
since 20232.368.564.014
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038A0031/00K000 | Flanders | 8,340 m² | 1 · 3,314 m² | 10.0 m · 3 fl. |
| 12031C0001/00R000 | Flanders | 1,968 m² | 1 · 739 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- DSJ INVEST
- DE SUTTER
- De Sutter Technics
Highest known parent: DSJ INVEST. The sources do not say who stands above it.
Owners 1
- DE SUTTERparentSourceaccounts DE SUTTER 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,935 EUR awarded · 1,936 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 440 EUR | 692 EUR |
| 2024 | 1 | 251 EUR | 0 EUR |
| 2023 | 1 | 347 EUR | 347 EUR |
| 2022 | 1 | 897 EUR | 897 EUR |
Recognitions · licences · registrations
Dual-learning approval
2 endedMachinaal houtbewerker (so)
Machinaal houtbewerker duaal (so)
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 5,542 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
Founded21-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Contact
Phone
015/520897Bonheiden
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479320352
Registered
07-01-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.