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DE TORRE

Active
Private limited companyfounded 1982active for 44 yearsHandelsstraat 16, 8630 Veurne, BelgiumKBO/BCE: BE 0423.005.221
Summary

DE TORRE has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €314,654 and a net result of €125,997. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 9,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Roofing work
NACE 43410
3rd fastest staff growth in Veurne2 sites
Size
€1.3mtotal assets 2025
Staff
21 FTE
Equity
€314,654
Profit
€125,997
Turnover not published (abbreviated format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
M.D. Holding · 100%
Accounts on time0 of 7 deeds read
Why 69raises riskSector: Specialised construction activities (NACE 43)Equity €314,654 (24.0% of total assets)Size: 21 FTE, total assets €1.3mlowers riskProfit of €125,997 (financial year 2025)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Average
Solvency 49+6
equity 24.0% of total assets
Liquidity 30-3
short-term debt 53.9% · cash 6.1%
Profitability 81+7
return on assets 9.6%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,644 companies, NACE 43, small)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.2%▼ -0.1 percentage points vs 02-2025 04-2025: 1.5%▲ +0.3 percentage points vs 03-2025 05-2025: 2.2%▲ +0.7 percentage points vs 04-2025highest value 06-2025: 1.1%▼ -1.1 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.2%▲ +0.1 percentage points vs 01-2026 03-2026: 1.1%▼ -0.1 percentage points vs 02-2026 04-2026: 1.3%▲ +0.2 percentage points vs 03-2026 05-2026: 2.0%▲ +0.7 percentage points vs 04-2026 06-2026: 0.7%▼ -1.3 percentage points vs 05-2026lowest value 07-2026: 0.7%● unchanged vs 06-2026lowest value 08-2026: 0.7%● unchanged vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.58, compared with 1.66 in 2024; short-term debt: 53.9% and cash: 6.1% of total assets), but 76% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 27% on solvency, 24% on liquidity, 73% on profitability and 75% on growth.

The bankruptcy probability was computed on 12-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €314,654 (24.0% of total assets)
NBB · annual accounts
lowers risk · Profit of €125,997 (financial year 2025)
NBB · annual accounts
raises risk · Size: 21 FTE, total assets €1.3m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 9590 sector peers (2025).
NBB · sector comparison
Position among 9590 sector peers
Solvency
better than 25%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €314,654
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
4 days early
2022
2 days early
2021
3 days early
2020
1 day early
2019
on the day
← 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 1 day before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end12-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2019 to 2025net €125,997 ▲115%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Result rose in 2025from €58,560 to €125,997 ▲ 115% View
  • Positive: 3rd fastest staff growth in Veurnein the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by M.D. Holding 100% View

By topic

Financials

Financial year
2025
Total assets
€1.3m
Profit
€125,997
Solvency
24.0%
Total assets▼ 12.6%
Net result
20192025
Go to Financials

Timeline

Events
47
Since
1984
Next accounts
by 30-04-2027
  1. 30-09-2024Equity above €200,000
  2. 26-04-2024Annual accounts filed
  3. 28-04-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Roofing workNACE 43410
Founded
20-08-1982
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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