Financials
- Fiscal year
- 2025
- Total assets
- €167,563
- Loss
- -€50,262
- Solvency
- 60.4%
Total assets▼ 29.8%
Net result
20192025
DE VRIES
ActiveSummary
DE VRIES has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,172 and a net result of -€50,262. Equity is shrinking by ~15.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 67% of 135 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Manufacture of rubber and plastic products
NACE 22240Manufacture of rubber and plastic products NACE 22230NACE 25230
1 site
Size
€167,563total assets 2025
- Equity
- €101,172
- Loss
- -€50,262
Turnover not published (abridged schema)
Structure
Accounts 2 d early0 of 2 deeds read
Why 80- Loss of €50,262, the second in a row (FY 2025)- Sector Manufacture of rubber and plastic products (NACE 22)+ Founded in 1988+ Size: total assets €167,563Show the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Better than 32% of its sector peers (NACE 22, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
85-3
equity 60.4% of total assets
Liquidity
41-16
short-term debt 37.2% · cash 6.3%
Profitability
0=
return on assets -30.0%
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).
Last 15 months
08-2025: 0.2%lowest value
09-2025: 0.2%● 0.0% vs 08-2025lowest value
10-2025: 0.2%● 0.0% vs 09-2025lowest value
11-2025: 0.2%● 0.0% vs 10-2025lowest value
12-2025: 0.2%● 0.0% vs 11-2025lowest value
01-2026: 0.2%▲ +10.4% vs 12-2025
02-2026: 0.2%▲ +0.9% vs 01-2026
03-2026: 0.2%▼ -4.7% vs 02-2026
04-2026: 0.2%▲ +17.2% vs 03-2026
05-2026: 0.5%▲ +105% vs 04-2026highest value
06-2026: 0.5%● 0.0% vs 05-2026highest value
07-2026: 0.5%● 0.0% vs 06-2026highest value
08-2026: 0.5%● 0.0% vs 07-2026highest value
09-2026: 0.5%● 0.0% vs 08-2026highest value
10-2026: 0.5%▼ -1.0% vs 09-2026
- Loss of €50,262, the second in a row (FY 2025) raises the probability
- Sector Manufacture of rubber and plastic products (NACE 22) raises the probability
- Founded in 1988 lowers the probability for this profile
- Size: total assets €167,563 lowers the probability for this profile
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.81 against 2.24 in 2024; short-term debt: 37.2% and cash: 6.3% of total assets), and 39.6% 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 22, micro). Better than this share of them on solvency 67%, liquidity 36%, profitability 7%, growth against the median 16%. 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
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
19202122232425
2019 to 2025 · latest year -€50,262
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 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
33 d early
2022
10 d early
2021
9 d early
2020
2 d early
2019
7 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 9 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 21 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€50,262
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Risk: 3 loss-making years in a rowloss fiscal year 2025 -€50,262 View
- Caution: Among the weakest 8% on net resultsector median €8,348 · 135 companies -€50,262 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Caution: Equity fell in 2025from €151,434 to €101,172 ▼ 33.2% View
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 30-04-2027
- 28-04-2026Annual accounts filed
- 30-09-2025Weakest financial year
- 29-04-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Manufacture of rubber and plastic productsNACE 22240
- Founded
- 23-12-1988
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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