DE SWEEMER PRECISION CASTING
ActiveSummary
DE SWEEMER PRECISION CASTING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €786,976 and a net result of -€50,157. Equity is growing by ~25.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▲+15
Solvency68▼-11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 2.23 against 3.32 in 2024; short-term debt: 39.4% and cash: 15.2% of total assets), but 57% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 24
Relative position
BE, all sectors
reference
Manufacture of basic metals (NACE 24)
about 47% 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€50,157
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
22 d late
2023
22 d early
2022
28 d early
2021
32 d early
2020
29 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% 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 10 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, full schema
In the rankings
#10 employer in Eeklo, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€50,157▲ 82.8%
2024 · -€292,143
Working capital
€884,209▼ 11.4%
2024 · €997,841
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 24, Manufacture of basic metals, 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
Line20212022202320242025
Operating result€268,535€368,747▲ 37.3%€711,638▲ 93.0%-€211,732-€37,248▲ 82.4%
Net result€268,401above the sector's middle half€244,392within the sector's middle half▼ 8.9%€545,017above the sector's middle half▲ 123%-€292,143below the sector's middle half-€50,157within the sector's middle half▲ 82.8%
Equity€339,867within the sector's middle half▲ 376%€584,259within the sector's middle half▲ 71.9%€1.1mwithin the sector's middle half▲ 93.3%€837,133within the sector's middle half▼ 25.9%€786,976below the sector's middle half▼ 6.0%
Total assets€2.4mwithin the sector's middle half▼ 1.8%€2.4mwithin the sector's middle half▲ 0.9%€2.7mwithin the sector's middle half▲ 12.4%€1.5mwithin the sector's middle half▼ 43.4%€1.8mbelow the sector's middle half▲ 18.7%
Debt€2.1m▼ 13.2%€1.8m▼ 10.9%€1.6m▼ 13.3%€703,162▼ 55.8%€1.0m▲ 48.1%
Working capital€1.3mabove the sector's middle half▲ 36.5%€1.6mabove the sector's middle half▲ 21.9%€2.1mabove the sector's middle half▲ 32.4%€997,841within the sector's middle half▼ 52.8%€884,209within the sector's middle half▼ 11.4%
Solvency14.2%below the sector's middle half▲ 11.2pp24.1%within the sector's middle half▲ 10.0pp41.5%within the sector's middle half▲ 17.4pp54.3%within the sector's middle half▲ 12.8pp43.0%within the sector's middle half▼ 11.3pp
Current ratio2.25within the sector's middle half▲ 0.543.01above the sector's middle half▲ 0.764.89above the sector's middle half▲ 1.893.32above the sector's middle half▼ 1.582.23within the sector's middle half▼ 1.09
Return on assets (ROA)11.2%above the sector's middle half▲ 13.1pp10.1%within the sector's middle half▼ 1.1pp20.0%above the sector's middle half▲ 9.9pp-19.0%below the sector's middle half▼ 39.0pp-2.7%within the sector's middle half▲ 16.2pp
Staff (FTE)10.6within the sector's middle half▼ 64.2%23.6above the sector's middle half▲ 123%24.7above the sector's middle half▲ 4.7%24.7above the sector's middle half=18.6within the sector's middle half▼ 24.7%
above
within
below
the middle half (P25 to P75) of NACE 24, Manufacture of basic metals, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +83% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37,248 in 2025 against €211,732 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€224,316 ▲ 101%
Current assets
€1.6m ▲ 12.3%
Equity and liabilities €1.8m
Equity
€786,976 ▼ 6.0%
Debt
€1.0m ▲ 48.1%
Debt's share of the balance-sheet total rises from 45.7% to 57.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€3,652▲
2024 · -€190,080
Cash flow
-€16,560▲
2024 · -€270,491
Quick ratio
1.58▼
2024 · 2.44
Debt to equity
1.32▲
2024 · 0.84
ROE
-6.4%▲
2024 · -34.9%
Interest coverage
-0.24▲
2024 · -7.96
Debt ≤ 1 year
€720,008▲
2024 · €430,875
Debt > 1 year
€250,000=
2024 · €250,000
Income taxes
€447▼
2024 · €58,928
Staff costs
€1.2m▼
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 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% | 1.9% |
| 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 8,611 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €90,000 | - |
| Remuneration, social security and pensions62 | €1.4m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73,002 | €15,496 | €16,138 | €21,652 | €33,596 | ▲ 55.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | €110,814 | €0 | - | €4,047 | - |
| Other operating charges640/8 | €5,089 | €2,882 | €4,180 | €2,172 | €1,813 | ▼ 16.5% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €1.7m | €1.8m | €2.0m | €1.1m | €1.2m | ▲ 8.5% |
| Operating profit (loss)9901 | €268,535 | €368,747 | €711,638 | -€211,732 | -€37,248 | ▲ 82.4% |
| Financial income75/76B | €22,205 | €4,942 | €2,724 | €2,397 | €2,625 | ▲ 9.5% |
| Recurring financial income75 | €2,407 | €4,942 | €2,724 | €2,397 | €2,625 | ▲ 9.5% |
| Non-recurring financial income76B | €19,798 | €0 | - | - | - | - |
| Financial charges65/66B | €15,861 | €33,313 | €50,192 | €23,880 | €15,086 | ▼ 36.8% |
| Recurring financial charges65 | €7,365 | €33,313 | €50,192 | €23,880 | €15,086 | ▼ 36.8% |
| Non-recurring financial charges66B | €8,495 | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €274,879 | €340,377 | €664,170 | -€233,215 | -€49,709 | ▲ 78.7% |
| Income taxes67/77 | €6,478 | €95,985 | €119,153 | €58,928 | €447 | ▼ 99.2% |
| Profit (loss) for the period9904 | €268,401 | €244,392 | €545,017 | -€292,143 | -€50,157 | ▲ 82.8% |
| Profit (loss) for the period to be appropriated9905 | €268,401 | €244,392 | €545,017 | -€292,143 | -€50,157 | ▲ 82.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.4m | €2.7m | €1.5m | €1.8m | ▲ 18.7% |
| Fixed assets21/28 | €39,302 | €28,706 | €65,622 | €111,579 | €224,316 | ▲ 101% |
| Tangible fixed assets22/27 | €39,302 | €28,706 | €65,622 | €111,579 | €224,316 | ▲ 101% |
| Land and buildings22 | €4,905 | €1,203 | €766 | €330 | €22,180 | ▲ 6,622% |
| Plant, machinery and equipment23 | €30,289 | €20,794 | €34,009 | €60,160 | €68,366 | ▲ 13.6% |
| Furniture and vehicles24 | €4,108 | €6,710 | €30,847 | €51,089 | €41,172 | ▼ 19.4% |
| Assets under construction and advance payments27 | - | - | - | - | €92,597 | - |
| Current assets29/58 | €2.4m | €2.4m | €2.7m | €1.4m | €1.6m | ▲ 12.3% |
| Amounts receivable after more than one year29 | €49,900 | €49,550 | €48,163 | €45,685 | €45,685 | = |
| Other amounts receivable291 | €49,900 | €49,550 | €48,163 | €45,685 | €45,685 | = |
| Stocks and contracts in progress3 | €466,914 | €575,866 | €470,058 | €376,597 | €469,000 | ▲ 24.5% |
| Stocks30/36 | €466,914 | €575,866 | €470,058 | €376,597 | €469,000 | ▲ 24.5% |
| Amounts receivable within one year40/41 | €1.4m | €1.3m | €1.4m | €616,420 | €805,538 | ▲ 30.7% |
| Trade receivables40 | €1.4m | €1.3m | €1.4m | €566,363 | €749,293 | ▲ 32.3% |
| Other amounts receivable41 | €0 | €24,460 | €25,123 | €50,057 | €56,245 | ▲ 12.4% |
| Current investments50/53 | - | - | - | €250,000 | - | - |
| Cash at bank and in hand54/58 | €489,860 | €439,513 | €728,835 | €131,930 | €277,143 | ▲ 110% |
| Deferred charges and accrued income490/1 | - | €7,345 | €6,964 | €8,083 | €6,851 | ▼ 15.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.4m | €2.7m | €1.5m | €1.8m | ▲ 18.7% |
| Equity10/15 | €339,867 | €584,259 | €1.1m | €837,133 | €786,976 | ▼ 6.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €271,667 | €516,059 | €1.1m | €768,933 | €718,776 | ▼ 6.5% |
| Amounts payable17/49 | €2.1m | €1.8m | €1.6m | €703,162 | €1.0m | ▲ 48.1% |
| Amounts payable after more than one year17 | €1.0m | €1.0m | €1.0m | €250,000 | €250,000 | = |
| Financial debts170/4 | €1.0m | €1.0m | €1.0m | €250,000 | €250,000 | = |
| Amounts payable within one year42/48 | €1.1m | €795,915 | €542,698 | €430,875 | €720,008 | ▲ 67.1% |
| Trade debts44 | €553,742 | €380,353 | €356,954 | €211,330 | €521,779 | ▲ 147% |
| Suppliers440/4 | €553,742 | €380,353 | €356,954 | €211,330 | €521,779 | ▲ 147% |
| Taxes, remuneration and social security45 | €182,833 | €200,229 | €185,743 | €219,545 | €198,090 | ▼ 9.8% |
| Taxes450/3 | €28,439 | €51,649 | €30,682 | €69,923 | €63,779 | ▼ 8.8% |
| Remuneration and social security454/9 | €154,394 | €148,580 | €155,061 | €149,622 | €134,311 | ▼ 10.2% |
| Other amounts payable47/48 | €314,697 | €215,333 | €0 | - | €139 | - |
| Accrued charges and deferred income492/3 | €8,860 | €40,480 | €49,050 | €22,287 | €71,549 | ▲ 221% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €268,401 | €244,392 | €545,017 | -€292,143 | -€50,157 | ▲ 82.8% |
| + Depreciation and write-downs630 | €73,002 | €15,496 | €16,138 | €21,652 | €33,596 | ▲ 55.2% |
| Operating cash flow (approximation) | €341,404 | €259,888 | €561,155 | -€270,491 | -€16,560 | ▲ 93.9% |
| Investment in fixed assets (approximation) | - | -€4,900 | -€53,054 | -€67,609 | -€146,333 | ▼ 116% |
| Change in cash | - | -€50,347 | €289,322 | -€596,904 | €145,212 | ▲ 124% |
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
21-09
State Gazette act
Resignation: L&A Trans BV (non-statutory director)Permanent representative: Elias Vandevoorde · Appointment: E & S Recycling BV (non-statutory director) · Declaration7 facts ▸
State Gazette act
Resignation: L&A Trans BV (non-statutory director)
Permanent representative: Elias Vandevoorde · Appointment: E & S Recycling BV (non-statutory director) · Declaration7 facts ▸
- General meeting, 04-11-2025
- Director resignation, L&A Trans BV (non-statutory director)
- Permanent representative, Elias Vandevoorde (permanent representative)
- Declaration, kennisname en akkoord met ontslag vaste vertegenwoordiger
- Director appointment, E & S Recycling BV (non-statutory director)
- Permanent representative, Elias Vandevoorde (permanent representative)
- Declaration, kennisname en akkoord met benoeming vaste vertegenwoordiger
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet -€292,143
Net result drops to -€292,143, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €545,017 ▲123%
Operating result €711,638, net result €545,017, both a record.
31-12
Financial
Equity above €1mEq €1.1m ▲93.3%
3 profitable years in a row build equity to €1.1m.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €584,259 ▲71.9%
2 profitable years in a row build equity to €584,259.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €268,401
Net result €268,401 after 3 loss-making years.
31-12
Financial
Equity above €200,000Eq €339,867 ▲376%
Equity rises from €71,466 to €339,867.
Show earlier events
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 70 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2025
Board 1
E & S Recycling BV
CurrentNon-statutory director · since 04-11-2025 · Legal entity · perm. rep.: Elias Vandevoorde
Permanent representatives 1
Elias Vandevoorde
CurrentPermanent representative · since 04-11-2025 · for E & S Recycling BV
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
9 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Eeklo · 1 establishment unit since 2002
Ground area
2.7 ha
Building footprint
2,443 m²
Volume, LiDAR
25,855 m³
Parcel 43352F0360/00Z000, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
D.S.P.C.
since 20022.096.022.421
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352F0360/00Z000 | Flanders | 2.7 ha | 1 · 2,443 m² | 13.8 m · 4 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.
Mandate history
2 people since 2025, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| E & S Recycling BV |
|
| L&A Trans BV |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Public money · subsidies and aid
Flemish government
2022 · 1 entry · 594 EUR awarded · 594 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 594 EUR | 594 EUR |
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Of 54 companies in sector 24510 we hold annual accounts for 44. 26 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-04-2002
Fiscal year end31-12
Abbreviation NL
DSPC
Activities, NACEBEL 2025
24510Manufacture of basic metals
24540Manufacture of basic metals
24520Manufacture of basic metals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477420637
Registered
28-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.