Equity
€456,461 from €2.5m in 2017
Equity fell by 82% in 9 years.
DE TENDER
Lifetime
20 annual accounts with figures on one time axis, 42 filings since 1984peak €2.7m (2026)
€2.7m▲ 21.4%
lowest -€41,734 (2025)
€93,104▲ €134,838
peak €2.5m (2017)
€456,461▲ 17.5%
€4.4m▼ 3.8%
peak 31.7 FTE (2026)
31.7 FTE▲ 12.4%
Board8 names since 2021
5 directorsCOCREATE and 4 others
Owners
Documentsfilings and deeds
04-09-202657 days before the deadline
2026abbreviated format
Gross margin from €2.3m to €2.7mBack to profit: €93,104Staff from 28.2 FTE to 31.7 FTEEquity from €388,357 to €456,461Cash from €439,641 to €600,008
Key points
from the 2026 annual accountsResult
€93,104 €93,104
Back in profit in 2026, after a loss of €41,734 in 2025.
Debts
€4.4m 91% of the balance sheet
Financial debts 44%Suppliers 43%Taxes and wages 7%Other 6%
€3,210 of the debts are secured on the company's own assets. In 2021 that was €742,081.
Staff
32 employees on 31-03-2026
In 2026, 9 people joined and 11 left.
Liquidity
1.84 was 0.99 in 2025
Short-term debts fell from €4.5m to €2.4m.
Position in the sector
9.4%
Lower solvency than 90% of companies in specialised construction. Sector median 49.9% · 397 companies.
Checked score
81
Excellent
Financially stronger than 39% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,649 companies (NACE 43, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.5%▼ -0.4 percentage points vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Equity €456,461 (9.4% of total assets)
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.84, cash €600,008
Size: 31.7 FTE, total assets €4.8m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 10% of them on solvency, 41% on liquidity, 33% on profitability and 73% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,217 companies had the same profile as DE TENDER has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
2.5%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DE TENDER itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,217 companies, not a prediction for DE TENDER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.84 (0.99 in 2025), above the usual 1.5. Short-term debt is 50.6% and cash 12.4% of total assets. However, 90.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 397 sector peers (2026).
NBB · sector comparisonPosition among 397 sector peers
Solvency
better than 9%
← 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 days early
2025
43 days early
2024
8 days early
2023
28 days early
2021
9 days late
2020
23 days late
2019
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 26 September (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- Coelembier Holding 100%equity €6.4m (2026) · 31-03-2026 annual accounts of Coelembier Holding
Recent changes
Environmental permit granted
Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) and 3 more · Provincie Oost-Vlaanderen
Purpose change · Amendment of the articles · Legal-form change
Gazette deed
3 directors appointed, 3 managers resigning
Resignations: Patrick DE TENDER, SUN BUILDING and COCREATE · Permanent representatives: Rita MEUL, Joeri DE TENDER, Jan DEJONGHE and Anthony TOMBEUR · Appointments: COELEMBIER HOLDING, CYJELA and Joeri DE TENDER · General meeting of 29-09-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DE TENDER Sint-Niklaas | €4.8m | €2.7m | 9.4% | 31.7 |
| ROELANDT INTERIEURBOUW Zottegem | €5.5m | €2.5m | 55.0% | 31.9 |
| ADREM KEUKENS Eeklo | €5.4m | €2.6m | 68.0% | 29.2 |
| CHARPENTES HALLEUX Thimister-Clermont | €5.0m | €2.5m | 90.2% | 33.2 |
| DE LAERE DECOR Wevelgem | €5.4m | €3.0m | 50.9% | 32.8 |
| Van Hecke Ramen en Deuren Aalst | €6.9m | €3.0m | 35.8% | 30.2 |
| SMET KONSTRUKT Zulte | €4.2m | €1.7m | 11.4% | 32.2 |
These companies have the same main activity as DE TENDER: joinery installation (NACE 43320). They are comparable in size and age: total assets between €4.2m and €6.9m, founded between 1977 and 1990.
Official details
Source: KBO- Status
- Active since 10-02-1984Normal situation
- Activity
- Joinery installationNACE 43320and 4 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2023
- Establishment unit
- 2.024.175.2149111 Sint-Niklaas, since 10-02-1984
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2026
- ≈ €7.7mestimated
- €4.8m▼ 2.1%
- Employeeson 31-03-2026
- 32▼ 5.9%
- Filing
- Filed on 04-09-2026, 57 days before the end of the filing period
Insights on DE TENDER
DE TENDER files the abbreviated format. That format states no turnover. The gross margin rose from €1.2m in 2008 to €2.7m in 2026.
Coelembier Holding holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DE TENDER
- What is the company number of DE TENDER?
- The company number of DE TENDER is 0425.355.787. The VAT number is the same number with BE in front: BE 0425.355.787.
- Where is DE TENDER based?
- The registered office is at Nieuwe Baan 68, 9111 Sint-Niklaas.Company details
- What does DE TENDER do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of DE TENDER?
- DE TENDER is a private limited company (BV).
- When was DE TENDER founded?
- DE TENDER was founded on 10-02-1984.
- Is DE TENDER still active?
- Yes, DE TENDER is an active enterprise in the KBO register.
- How many employees does DE TENDER have?
- DE TENDER had an average of 31.7 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does DE TENDER fall under?
- In its 31-03-2023 annual accounts, DE TENDER states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of DE TENDER?
- The turnover in financial year 2026 is ≈ €7.7m. This figure is estimated from the gross margin of €2.7m and 67 comparable companies (NACE 43). It probably lies between €5.9m and €10.0m. In financial year 2023 turnover was €14.9m.
- Is DE TENDER profitable?
- In financial year 2026, DE TENDER made a profit of €93,104.
- Where can I find the annual accounts of DE TENDER?
- DE TENDER filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of DE TENDER due?
- DE TENDER must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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