DE TENDER
ActiveDE TENDER has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €456k and a net result of €93k. Equity is shrinking by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 52 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2026
81
/ 100
Excellent▲ +61 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100▲+100
Solvency36▲+20
Growth44=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 0.99 in 2025), but 90.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
higher
← 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 2026Solvency, return and age of the figures
Solvency
9.4%
Return on assets
1.9%
Age of the figures
6 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 52 sector peers (2026).
NBB · sector comparisonPosition among 52 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 04-09-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
57 d early
2025
43 d early
2024
8 d early
2023
28 d early
2021
9 d late
2020
23 d late
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Turnover
€14.90M▲ 10.1%
2021 · €13.54M
2021: €13.54M
2021 → 2023
EBIT margin
1.8%▼ 1.4pp
2021 · 3.2%
2021: 3.2%
2021 → 2023
Net result
€93k
2025 · €-42k
2018: €218k
2019: €254k
2020: €204k
2021: €394k
2023: €164k
2024: €20k
2025: €-42k
2018 → 2026
Working capital
€2.06M
2025 · €-59k
2018: €241k
2019: €890k
2020: €1.07M
2021: €1.41M
2023: €-145k
2024: €-94k
2025: €-59k
2018 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212023202420252026Trend
Turnover€13.54M-€14.90M▲ 10.1%
Equity€2.04M-€410k▼ 79.9%€430k▲ 4.8%€388k▼ 9.7%€456k▲ 17.5%
Operating result€427k-€263k▼ 38.4%€94k▼ 64.3%€20k▼ 78.4%€189k▲ 832%
Net result€394k-€164k▼ 58.4%€20k▼ 88.0%€-42k€93k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 832% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €4.83M
Fixed assets
€324k▼ 28.5%
Current assets
€4.51M▲ 0.6%
Equity and liabilities €4.83M
Equity
€456k▲ 17.5%
Debt
€4.38M▼ 3.8%
The debt ratio falls from 92.1% to 90.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€376k▲
2025 · €203k
Cash flow
€280k▲
2025 · €141k
Solvency
9.4%▲
2025 · 7.9%
Current ratio
1.84▲
2025 · 0.99
Quick ratio
1.63▲
2025 · 0.89
Debt / equity
9.59▼
2025 · 11.72
ROE
20.4%▲
2025 · -10.7%
ROA
1.9%▲
2025 · -0.8%
Interest coverage
5.17▲
2025 · 2.73
Debt
€4.38M▼
2025 · €4.55M
Debt ≤ 1 year
€2.45M▼
2025 · €4.54M
Debt > 1 year
€1.93M▲
2025 · €3k
Income taxes
€28k▲
2025 · €642
Staff costs
€2.32M▲
2025 · €1.97M
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€4.94M€4.83M▼
Fixed assets21/28€453k€324k▼
Intangible fixed assets21€54k€37k▼
Tangible fixed assets22/27€364k€252k▼
Land and buildings22€138k€108k▼
Plant, machinery and equipment23€165k€94k▼
Furniture and vehicles24€32k€23k▼
Other tangible fixed assets26€30k€26k▼
Financial fixed assets28€36k€36k=
Current assets29/58€4.48M€4.51M▲
Stocks and contracts in progress3€456k€525k▲
Stocks30/36€383k€381k▼
Contracts in progress37€73k€144k▲
Amounts receivable within one year40/41€3.56M€3.30M▼
Trade receivables40€3.35M€3.17M▼
Other amounts receivable41€210k€137k▼
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€440k€600k▲
Deferred charges and accrued income490/1€22k€79k▲
Equity and liabilities
Total equity and liabilities10/49€4.94M€4.83M▼
Equity10/15€388k€456k▲
Contributions10/11€87k€87k=
Reserves13€302k€370k▲
Distributable reserves133€302k€370k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€4.55M€4.38M▼
Amounts payable after more than one year17€3k€1.93M▲
Financial debts170/4€3k€1.93M▲
Amounts payable within one year42/48€4.54M€2.45M▼
Current portion of amounts payable after more than one year42€98k€21k▼
Trade debts44€1.99M€1.88M▼
Suppliers440/4€1.99M€1.88M▼
Advances received on contracts in progress46€310k€176k▼
Taxes, remuneration and social security45€250k€289k▲
Taxes450/3€14k€19k▲
Remuneration and social security454/9€236k€270k▲
Other amounts payable47/48€1.89M€81k▼
Accrued charges and deferred income492/3€3k€1k▼
Income statement
Code20252026
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€1.97M€2.32M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183k€187k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20k€24k▲
Other operating charges640/8€15k€21k▲
Non-recurring operating charges66A€56k€7k▼
Gross operating margin9900€2.26M€2.74M▲
Operating profit (loss)9901€20k€189k▲
Financial income75/76B€13k€5k▼
Recurring financial income75€13k€5k▼
Financial charges65/66B€74k€73k▼
Recurring financial charges65€74k€73k▼
Profit (loss) for the period before taxes9903€-41k€121k▲
Income taxes67/77€642€28k▲
Profit (loss) for the period9904€-42k€93k▲
Profit (loss) for the period to be appropriated9905€-42k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€93k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€42k€0▼
Transfer to equity691/2€0€68k▲
To other reserves6921€0€68k▲
Profit to be distributed694/7-€25k
Directors or managers695-€25k
Social balance
Average headcount (FTE)908728.231.7▲
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
02-06
State Gazette act
General meeting · Director reappointment
Permanent representative · Board composition
31-03
Financial
Weakest financial yearnet €-42k ▼312%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
2021
31-12
Financial
Highest result since 2018net €394k ▲93.1%
Net result €394k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.04M ▲23.9%
4 profitable years in a row build equity to €2.04M.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
14-02
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Sint-Niklaas · 1 establishment unit since 1984
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.
Nieuwe Baan 689111 Sint-NiklaasGround area
2,968 m²
Building footprint
2,149 m²
Volume, LiDAR
11,951 m³
Parcel 46002C0739/00N000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nieuwe Baan 68, 9111 Sint-Niklaas
since 19842.024.175.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002C0739/00N000 | Flanders | 2,968 m² | 1 · 2,149 m² | 8.6 m · 2 fl. |
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.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared director
→
Shared director
→
Ownership & control
1 partyDE TENDERBE 0425.355.787
controls
Where this company holds controlthis company sits on their board1
1 subsidiary · 3 locations
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 13,335 EUR awarded · 13,161 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 8,741 EUR | 8,567 EUR |
| 2024 | 2 | 2,834 EUR | 3,030 EUR |
| 2023 | 2 | 1,551 EUR | 1,355 EUR |
| 2022 | 1 | 209 EUR | 209 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
1 live approvalInterieurbouwer duaal (so)
Similar companies · same sector, comparable size
Jeroen Van De Velde
BE 0894.246.958
Oosterzele · Eq €457k
ISO RAMEN EN DEUREN
BE 0521.903.748
Maasmechelen · Eq €457k
ATELIER MATIERE
BE 0743.979.013
Marche-en-Famenne · Eq €457k
Inpro
BE 0894.132.340
Schoten · Eq €456k
MISTER CHASSIS
BE 0836.798.808
Charleroi · Eq €457k
Of 19,947 companies in sector 43320 we hold annual accounts for 9,086. 6,133 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-1984
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
45421
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.