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DE VLEK

Active
Private limited company (pre-2019)founded 199333 yrs activeVijverwegel 66, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0449.779.793
Summary

DE VLEK has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,851 and a net result of -€13,394. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 69% of 11293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch ReportCompare
DE VLEKActiveChecked score 81/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521NACE 52461
1 site
Size
€246,239total assets 2025
Equity
€139,851
Loss
-€13,394
Turnover not published (abridged schema)
Financial health
81 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Parent
Jurgen Schmidt · 100%
Accounts 1 d early0 of 4 deeds read
Why 81- Sector Retail trade (NACE 47)- Loss of €13,394, the second in a row (FY 2025)+ Founded in 1993+ Equity €139,851 (56.8% of total assets)Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Better than 37% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 82+9
equity 56.8% of total assets
Liquidity 33+1
short-term debt 43.2% · cash 3.4%
Profitability 24+15
return on assets -5.4%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,898 companies)
Last 14 months 09-2025: 0.5% 10-2025: 0.6%▲ +10.0% vs 09-2025 11-2025: 0.6%▲ +0.3% vs 10-2025 12-2025: 0.6%▼ -3.8% vs 11-2025 01-2026: 0.7%▲ +27.3% vs 12-2025highest value 02-2026: 0.4%▼ -40.8% vs 01-2026 03-2026: 0.4%● 0.0% vs 02-2026 04-2026: 0.4%● 0.0% vs 03-2026 05-2026: 0.4%● 0.0% vs 04-2026 06-2026: 0.4%● 0.0% vs 05-2026 07-2026: 0.4%▼ -1.2% vs 06-2026 08-2026: 0.4%▼ -3.0% vs 07-2026lowest value 09-2026: 0.4%● 0.0% vs 08-2026lowest value 10-2026: 0.5%▲ +11.1% vs 09-2026
  • Founded in 1993 lowers the probability for this profile
  • Sector Retail trade (NACE 47) raises the probability
  • Loss of €13,394, the second in a row (FY 2025) raises the probability
  • Equity €139,851 (56.8% of total assets) lowers the probability
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 2.31 against 1.84 in 2024; short-term debt: 43.2% and cash: 3.4% of total assets), and 43.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 70%, liquidity 30%, profitability 22%, growth against the median 27%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Loss of €13,394, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Equity €139,851 (56.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€13,394
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
5 d early
2022
46 d early
2021
33 d early
2020
2 d 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 13 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 26 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€13,394 View
  • Caution: Among the weakest 16% on net resultsector median €28,692 · 11,279 companies -€13,394 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by Jurgen Schmidt 100% View

By topic

Financials

Fiscal year
2025
Total assets
€246,239
Loss
-€13,394
Solvency
56.8%
Total assets▼ 23.5%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-01-2027
  1. 30-01-2026Annual accounts filed
  2. 30-01-2025Annual accounts filed
  3. 26-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
02-04-1993
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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